HEIKOTradingSystem

Mar 4, 22-NG-war fears elevating price

NYMEX:NG1!   Futures Gas Naturale
Price action just hit 4.9 and looks like it might keep going up for a while. While news says Russia is still providing Europe with NG for now, the markets are still spooked.

My Sell Order at 4.5 looks a far way away - thank goodness it's only 1 contract so I can handle these extreme price fluctuations. My strategy will now be to put in another Sell Order somewhere where price levels out next week (hopefully). Price might get back up to 5.5, not sure but whatever it does get up to, I will be ready with another sell order and will keep you updated.

Stay safe and have a great weekend.

Heiko

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