Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Sendme]

Thank you. I have just recently started to fine tune that entry and I really like the results. I like to have a stop loss plan when I buy and this strategy allows for a stop loss. I haven't perfected the picking the bottom yet. LOL But I feel that with that set up I can go in with a bigger position since I know my stop loss risk per share.

I have been testing that 15 minute chart on other ETF's as well. I have been posting some charts on the TTP ihub board. I figure if I take the time to chart something I might as well post it somewhere.

I have been told that you can't chart an ETF, but I think you can.

I was pretty surprised that NG held that trend line Friday. Looks like an Inverted H&S pattern will be in play on Monday.


60 minute chart still has a cloud to get through


15 minute chart does have a nice set up on the cloud for a quick run to 26-27 IMHO


This is the NG chart that I was looking at Friday, it just didn't want to give up that support.