When I break out the "Crock Pot" I really have confirmed Winter has arrived. Next week the "Siberian Express" will be ready to romp across the U.S.
I have been scaling into this trade for over (2) weeks now. I am using Renko Chart which I rely on daily. If you follow my posts on Twitter or Tradingview.com for longer than a cup of coffee, you know I am a huge fan of Renko Charts & a mechanical set up.
Breakpointtrades.com is where I learned this simple Renko set up. Props to them & their research.
The real "rubber meets the road" on this trade by using $UNG and or $FCG.
$UNG Daily Renko:
Went on a BUY Signal on 4/13/16 & pushed UP. Pulled back & put in a Higher Low. Now set to pop through resistance ahead of the "Siberian Express".... (Click on chart to enlarge)
FCG Daily Renko:
Offered a nice Buy signal on 11/15/16. As I hunker down for foul weather. I will have most of my position(s) here. Still offers value & continues to "Stair Step" upward.
No comments:
Post a Comment