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There's lot of learning and it's very unique . I'll start my donations. But please add NG as well to chart listing as that's my favorite in UGAZ/DGAZ trading.
I will add NG 2-3 times a week no problem. However, I have to warn you about these highly leveraged instruments as I have lost some money with them until I realised how they work. They are no buy&hold stuff as you can see from this chart. Even during the NATGAS rally from 2 to 6 UGAZ traded sideways even downwards in total. Perhaps you know this already. Just wanted to point it out.
I reckon NG bottomed below 2 last year, rallied to 6 and the correction just ended and it should reverse back up. I don't see shale gas keeping the prices at 3 for too long. I don't what that means for UGAZ however. It's inherently always bearish. By the way, your donation didn't seem to work. I received an email that it didn't go through but it didn't say why.
Kiran thanks for your donation. I just posted a long term chart on NATGAS. You're right it's still in a large downtrend but that doesn't mean we cannot get any strong rallies. Good luck with your trading.
Amazing charts . This site needs to have donate button. Not finding at this moment. Please have one.
ReplyDeletethx
Thanks Kiran. I put a donation button on the left side. Thanks a lot for the idea. I'm glad you enjoy / profit from my site.
ReplyDeleteThere's lot of learning and it's very unique . I'll start my donations. But please add NG as well to chart listing as that's my favorite in UGAZ/DGAZ trading.
ReplyDeleteThx
I will add NG 2-3 times a week no problem. However, I have to warn you about these highly leveraged instruments as I have lost some money with them until I realised how they work. They are no buy&hold stuff as you can see from this chart. Even during the NATGAS rally from 2 to 6 UGAZ traded sideways even downwards in total. Perhaps you know this already. Just wanted to point it out.
ReplyDeleteYes. I agree. I'm trading this with tight stops.But as a general trend in NG, I see it down.
ReplyDeletePlease comment
Thx
I reckon NG bottomed below 2 last year, rallied to 6 and the correction just ended and it should reverse back up. I don't see shale gas keeping the prices at 3 for too long. I don't what that means for UGAZ however. It's inherently always bearish.
ReplyDeleteBy the way, your donation didn't seem to work. I received an email that it didn't go through but it didn't say why.
Kiran thanks for your donation. I just posted a long term chart on NATGAS. You're right it's still in a large downtrend but that doesn't mean we cannot get any strong rallies. Good luck with your trading.
ReplyDelete