Trading results W 21-19

by Michael Chechnev | May 26, 2019 | Trading week results

Hello, Insiders,

Today is Sunday, May 26th and we are summing up the trading week results.
Profit, $: Natural Gas, 440.

Open positions at the current moment are:
Platinum: short position – 3 contracts.

Let’s consider last week’s deals in details.

Natural Gas (closed position)
Setup for Natural Gas was published on week 16th. The Natural Gas trade is not a trend trade. As we said last week, the blue line indicates two levels where Commercial players have bought. We commented our subscribers, that Natural Gas price can be reversed. And it happened.

We exited the position according to TDOM strategy. The 14th trading day was the day of growth, then the fall’s days followed. The model itself has worked. Profit is $ 440.

Natural Gas has accumulation. Here the scenario of price increase is possible. Pay attention to the price move – impulse and correction then impulse and correction. It’s required to be attentive. Today we will check COT reports. If they are attractive to buy Gas, then we will buy Gas once again.

Platinum (open positions)
SetUp for Platinum was published in the weekly trading plan W16. This is short position. Position is held. Target price is $ 794. There might be the correction. We moved Stop loss above high Tuesday, as price hadn’t made the new low.

To sum up the trading week:
Natural Gas Profit $ 440
Total Profit $ 440

Today we will plan for the upcoming week and consider new setups.

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Trade smart, Insider Week team

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