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.
These detailed trading plans are published for members in our Insider Week community.
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Trade smart, Insider Week team
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Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. The account results presented may vary significantly in gains and losses. One of the limitations of hypothetical results is that they are generated by known historical data. In addition, hypothetical trading does not involve financial risk - no hypothetical track record can represent the financial risks of actual trading. For example, there is a possibility that trading will be suspended or cancelled if losses are incurred, this can greatly change the actual results. Furthermore, there are numerous other factors that cannot be fully accounted for in hypothetical performance when implementing a trading program, and thus can affect actual results.
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