An educational blogsite dedicated to teaching the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies. Primary focus is on the E-mini S&P. Please read the risk disclosures contained within this blog.
Thursday, August 25, 2011
Before The Bell: Updated Chart of $NG_F
Here is an updated chart for those following the progress of my Natural Gas trade. Additional comments were posted to the original blog post. You can find them here.
As always, following this trade is strictly for educational purposes! Please familiarize yourself with the Risk Disclaimer and Disclosure Statements make within this blog site.
Labels:
Commodities,
Energy,
Gas,
Natural,
NG_F
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I was stopped out at $9.70. Price traded to $.02 below my stop, then reversed to my initial enter point. If I can confirm a five wave advance, I may look to re-establish on the next corrective move lower.
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