{"id":128711,"date":"2018-06-19T09:40:26","date_gmt":"2018-06-19T13:40:26","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=128711"},"modified":"2018-06-19T06:34:09","modified_gmt":"2018-06-19T10:34:09","slug":"natural-gas-setup-for-32-move-in-ugaz-fund","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/06\/natural-gas-setup-for-32-move-in-ugaz-fund\/","title":{"rendered":"Natural Gas Setup for 32% Move in UGAZ Fund"},"content":{"rendered":"
June 19, 2018<\/div>
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By TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

As we all know a picture says 1000 words, which is one of the reasons why I gravitated to trading using technical analysis. I can look at a chart and in seconds understand what price has done and is likely to do in the near future, without knowing a single thing about the company, index, or commodity. Why spend time reading\u00a0news, financial statements, and other opinions when you can fast-track the entire process with a chart.<\/p>\n

So, let\u2019s just jump into the 30-minute chart of natural gas which shows the regular trading hours 9:30am \u2013 4pm ET.<\/p>\n

NATURAL GAS 30-MIN CHART WITH OVERSOLD AND TREND ANALYSIS<\/h2>\n

This chart could not be any more simple. Green bars and green line mean price is in an uptrend and you should only look to buy oversold dips. We got long a 3x natural gas ETN on May 3rd right near the dead low. After a few weeks, price action and longer term charts started to signal potential weakness, so we closed out the position for a simple 32% profit.<\/p>\n

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UGAZ 3X\u00a0 LEVERAGED NATURAL GAS FUND<\/h2>\n

Here is 240 minute (4-hour) candlestick chart of the natural gas fund.<\/p>\n

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53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our\u00a0stock and ETF trading alerts\u00a0<\/strong>are readily available through our exclusive membership service via email and SMS text. Our newsletter,\u00a0Technical Trading Mastery book<\/strong>, and\u00a03 Hour Trading Video Course<\/strong>\u00a0are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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By TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By TheTechnicalTraders.com As we all know a picture says 1000 words, which is one of the reasons why I gravitated to trading using technical analysis. I can look at a chart and in seconds understand what price has done and is likely to do in the near future, without knowing a single thing about the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-128711","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/128711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=128711"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/128711\/revisions"}],"predecessor-version":[{"id":128712,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/128711\/revisions\/128712"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=128711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=128711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=128711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}