Long Natural Gas at $11.42. Price now is $11.25 - may go lower before regaining it’s upward trend.

Time to loosen up and catch up with the kids since it’s Friday night.

Closed Long position today at $1388.25 after making a high of $1402.00. My gain is :-

1319.00 - 1388.25 = 69.25/0.25 X $12.50 = $3462.50

Very good for a one day position - YEAH!!

Soybean made a retreat today of more than $65 today.  Took the opportunity and went Long SN8 at $1319.00 after touching a low of $1311 and since it was already 12.45 am and I felt quite comfortable with my entry, I keyed in $1357 which I saw as a resistence and went to bed.

So happy when I checked in the morning to see that it’s trading at $1360 .  However, my sell order was not done because it was off trading session.

Corn is trading below the 21EMA and is at the bottom of the bollinger band.  MACD is down steep, waiting for the right time to buy.

I always look into 1 day price action and 5 day price action to confirm the right time to buy.  Looks good when I entered Long position at 596.50 , but still nervouse and not very confident of my trade.

Luck is with me again today when I managed to sell at 601.50 giving me a gain of $250.

Ha ha ha!!

After closing my long contract of Natural Gas July Contract NGN8 at $11.635, I was looking for every good opportunity to buy back. This came yesterday when the price went as low as $11.37 but I didn’t get to buy it as the price already shot up when my computer screen got back to normal.

Nevermind, there’ll be other opportunities.