T25 – NATGAS

ENTRY

IDEA (D)

formulate a trade idea – your analysis, a likely possibility // set-up play out

download (13)Same idea as T15: Adding on the the short position. Zooming in onto the blue highlighted area is the idea for this trade.download (14)Fractal nature of markets – What might be happening on the daily has already happened on the 4H, within the daily structure. A diamond reversal pattern which has the same mechanics as the head and shoulders.

SETUP (4H)

trigger for the mentioned idea, what you want to see: clean impulse + choppy correction

download (15).png

TREND on entry timeframe & 4H chart, determined by SMA if subjective (✓)

IMPULSE registering ADX>25 (✓) ADX51 & smaller setup ADX45

COIL structure clear formation relative to prior impulse (✓)

Flag // Rectangle // Pennant // Wedge // Triangle // Diamond

Fibonacci 50%–61.8% // S&R Level // Trend Line // Moving Average

Simple // ABC // ABCDE // Extended Combo

ORDER

Entry @ Break of Structure // Area of Value + Candlesticks

Stop Loss @ +1ATR away from last wick // Before Impulse Start

Take Profit @ Length of Prior Impulse // Next Area of Value

1% capital risked for potentially ~R

Entry: 2.76 | Stop loss: 2.88 (-12 points) | Take Profit: ~ (~points)

MANAGEMENT

If running >1R + swing established, risk halved

If 20% left to take profit, shift to break even

If strong momentum + space to run + aligned with long term view, extend take profit and use trailing stop

EXIT

NaturalGas.png

Stop Loss

Manual. Reason:

Trailing Stop

Take Profit

Remarks: Bigger long term idea still not invalid. Maybe there’s more waves in this expanding triangle.

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