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Natural Gas Futures—Natural gas futures in the March contract is trading lower for the 2nd consecutive session down another 5 points at 2.48 as the trend remains extremely choppy. I will be looking at a possible counter-trend trade as I do think the downside is limited as the low which was hit on December 28th at 2.26 looks like a…
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What do I mean when I talk about chart structure and why do I think it’s so important when deciding to enter or exit a trade? I define chart structure as a slow grinding up or down trend with low volatility and no chart gaps. Many of the great trends that develop have very good chart structure with many low…
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