Category: Trades

Natural Gas Update.
I think we will get a 50 cent move up. That’s $5,000 profit per contract. Unpredictable weather will help.

The only issue is the cost to roll forward from month to month.


I own some April-18 and some April-19. For April-18, it needs to get to the price target in one month. The market already priced in warmer than usually weather for the rest of the winter. Any cold weather will cause the price to sky rocket.

Gold looks like it wants to make a multi headed bottom. I wont go long until I see a clear break above 1380.

This will be the fifth time in the past 4 years gold has attempted to break this resistance. Looking at the chart we see the series of higher highs leading to 1380 since the beginning of 2016. I think this time it will break through. However, we will wait for confirmation.

The Japanese Yen broke out. Put stop at 0.92

Looks like it is targeting 1.0000.
The reason I like this trade is the third try it broke out. In my experience, these chart formations tend to move right to there target.

Natural Gas has entered into the bottom of the buy zone. Go long.

Why I like this trade.
1- Two touches at the bottom and the third touch at top it busted through forcefully.
2- It is going with the trend.
3- It closed out at a high it hasn’t seen in over 2 years.
4- Markets are correcting. People consider the Swiss Franc as a safe haven in times of panics.
Place your stop at 1.05. It looks like the target is 1.15.

Leans Hogs looks like it wants to make a massive head and shoulders bottom. We wont go long unless it breaks the trend line.

More damage. Hold your short positions. This one has more downside.

If you have not moved your stops what are you waiting for?

If you ever been to a rodeo you know a bull hates riders. Same with investing. Far to many people have gotten bullish on oil. The”dumb” money has built up the largest net long position on record.

At the very least it’s time for oil to take a rest. The oil target was $68. It is time to take more profits. Move your stops up further at the very least.

If you shorted bitcoin as indicated here, than you are sitting on some nice profits. Now is the time to lock in those profits. Looking at the chart we see a bear flag formation. This market does not look pretty.

Natural gas update.
As predicated, natural gas did not go to zero.

It is approaching major resistance though. This is the time you take some profits. Valentines day is coming up. Get your spouse something nice with this hard earned money.