The document discusses taking a long position in natural gas based on technical and fundamental factors. Commodities bounced from support levels and energy outperformed others. Natural gas volatility is above average. A winter storm is forecast to bring heavy snow and freezing rain to parts of the Northeast U.S. Regulators raised margin requirements for natural gas futures amid increased price volatility. Analyst estimates suggest a large weekly decline in natural gas inventories. Technical indicators showed alignment across timeframes and a new 52-week high was reached, providing a favorable risk/reward setup for a long position. The trade resulted in an excellent return meeting the trader's plan.

1. Intraday Trend Alignment
Long Natural Gas

2. Big Picture

4. • MCX Energy Index is relatively stronger in
comparison to MCX Comdex /Metals which
implies energy products are outperforming other
commodity products. Commodities in general
bounced from their respective support areas and
energy being relatively strong outperformed
other commodities
• Daily 14 day volatility is greater than 20 day
volatility average & 250 day weighted average
which means the current environment has above
average volatility and with ADX above 25

5. Intraday Fundamentals
• A winter storm will continue to move east today with heavy
snow forecast from the Lower Great Lakes to New England
and freezing rain for parts of the Northern Mid-Atlantic
Coast to Southern New England
• CME Group Inc. raised margin requirements for trading the
futures in NY (Even MCX in India raised margin) to the
highest level in more than four years amid increased price
volatility.
• Energy Information Administration report Feb. 6 may show
that natural gas inventories slid by 267 billion cubic feet last
week, according to the median of 10 analyst estimates
compiled by Bloomberg. The five-year average decrease is
151 billion.

6. Technical Analysis

7. • We had multiple timeframe trend alignment
(D/60M/5M/1M)
• 319.6 was a inflexion level overall , above
which being long provided better risk/reward
setups
• We made a new 52-week high

8. Trade Management

9. Limit Up

10. • I saw 100 lot offer at 338 which is a big
quantity in our market
• I swept the offers with a stop at 336.2 but
prices moved in my favor immediately
• I exited at 353.8

11. Intuition
• NO

12. Review
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I did a good job reading the tape
I followed my plan exactly
I remained calm and did not let my emotions guide me
8.78 R-Multiple trade which by far has been my best trend intraday
trade ever
Opportunities to add to positions at 52 week highs , I could not add
as margin for NG has been raised and I was at full capacity
We should keep 60 min Swing trend trade core 5 min intraday
swing core – Trade2hold when multiple timeframe trend alignment
occurs , 1 min scalp and momentum lot
Overall I am satisfied with my performance today
Market conditions are 14day ATR > SMA 20/WMA 250 , ADX>25 , 52
week High , Multiple timeframe confluence
I CAN IMPROVE EVERYDAY