natural gas future trade idea – cullen outlook – formation finder
I sent out a Trade Idea earlier this morning in the newsletter…
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*** Call, email or text me if you need assistance entering the trade ***
October NATURAL GAS:
QGV8 mini (1/4 size)
I like the idea of fading this familiar congestion
SELLING at the 2.94 level
Risk will be the 2.99 level ($500)
Targets will be the 50% retracement at the 2.84 level ($1000) and onto the 2.70 level ($2400)
*** Trading 2 minis would be half the above totals ***
(specify which you want to trade if you email or text me your orders)
Have a look and get involved.
LET’S DO THIS!!!
(click chart to enlarge)
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This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
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