Natural Gas Trading: Yet Another Profitable Call!

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Figure 1– Henry Hub Natural Gas (NGX21) Futures (November agreement, everyday chart, logarithmic scale).
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Sebastien Bischeri.
Oil & & Gas Trading Strategist.
Formed on top of careful research and reputably precise sources, Sebastien Bischeri and his associates can not ensure the reported informations precision and thoroughness. By checking out Sebastien Bischeris reports you totally agree that he will not be held liable or responsible for any choices you make regarding any info provided in these reports. Sebastien Bischeri, Sunshine Profits workers, affiliates as well as their household members may have a long or brief position in any securities, including those pointed out in any of the essays or reports, and may make additional purchases and/or sales of those securities without notification.
Updated on Oct 22, 2021, 12:18 pm.

We entered a gas trade on Tuesday, which turned out to be rewarding … similar to the previous ones! Lets have an appearance at how we can continue.
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Natural Gas Trade Plan
Our preliminary trade plan was to go long on Natural Gas [NGX21] (November 2021 contract) around $4.766-4.920 assistance (yellow rectangle)– with stop listed below $4.615 (red dotted line) and targets at $5.311 and $5.604 (green dotted lines)– See Fig. 1.
The entry got set off in the early hours of Tuesday; as you can see, the market made a rebound where the bulls took control of. Our very first target at $5.311 has actually just been hit– for those who leave partly, we suggest raising the 2nd target to the $5.663 level, while your stop should be raised simply listed below the new/recent swing low ($ 4.825) or at breakeven.

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