Wednesday, 11 February 2015

February 11, 2015


  1. Hi Bouraq,
    Thx for charts and trying to enter position to NG by Ugaz for making some profit and obviously donating :-)

    is the NG upside now atleast till 3.5 ? that'd be a great trade.


  2. Hi Kiran,

    The downtrend is definitely broken now so I expect either a trend reversal or a strong countertrend move. 3.4-3.5 seems reasonable as a target in the next 2-3 months time perhaps even faster.

    By the way, somehow your periodic donations from Paypal didn't work. I received a single donation. Of course it's your choice. Again thanks for your generosity.

  3. thank you for your updates. nat gas seems to be back inside the channel -- maybe we re-test the lows again?

  4. No it's not back in the channel. It's retesting the upper band and I don't think it will go back into the channel. Even if it does and makes a marginal low I still think a major change in trend is happening.

  5. could you please share the upper band boundary level -- where should it bounce or fail? I am inclined to go long, but concerned of a failed breakout. thank you for sharing your insights.

  6. Just posted a new one in blog. Hope it helps.