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Replies to #30826 on Cycle Trading
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jaws57

04/12/24 4:24 PM

#30830 RE: No-Quarter #30826

Im still holding on to my w3 idea on 60min BOIL, I did have a daily signal on BOIL that crashed and burned earlier this week.
Daily In 14.71 10Apr out 14.11 11Apr
60min In 13.85 5Apr
BOIL
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dealerschool2006

04/12/24 8:22 PM

#30833 RE: No-Quarter #30826

#natgas July is trading sideways between 2.3 and 2.45...which is less volatile than May...I'm still holding my $KOLD for a brief dip...there are more reasons why NG will drop then reasons for it to go up...too much supply and not enough demand...producers are losing alot of $$$ with NG being so low...
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dealerschool2006

04/14/24 8:50 PM

#30843 RE: No-Quarter #30826

If #natgas gets down to historic lows this week...I will sellmy $KOLD and either buy Ng futures or experiment with shorting $KOLD instead of buying $BOIL...it's only logical if one bottoms in the cycle the other goes up...except because NG is so far down there's not much to go down so BOIL has the most opportunity to go up than KOLD...that's why I get uncomfortable with the thought of buying KOLD...