Digital TA Trading - Took half profits on the medium term bullish natural gas trade <+81%> - Digital TA Trading - InvestorVillage


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Msg  1017 of 1020  at  11/7/2014 12:54:01 PM  by

aldigit01


 In response to msg 1009 by  aldigit01
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Took half profits on the medium term bullish natural gas trade <+81%>

 I had added another rung but didn't make time to post it. 
 
Took half of the total off the table, +81%.  Natural gas has had a nice run upwards and it should pull back at some point.  It's about a 50% retrace between the recent low and the late winter peak.  Not sure if the unusual last winter peak will be reached with winter; it could be since this winter is expected to be cold as well.
 
Regardless, this seemed like a good time to take some money off the table.  If  there's a decent pullback, will re-enter lower.
 
Holding the other half for now since there's still quite a bit of time left on the position.


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Msg # Subject Author Recs Date Posted
1018 Reloaded the half position of the medium term bullish natural gas trade <27% lower> aldigit01 0 11/12/2014 11:32:04 AM




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