Heispark , thanks for you explanation but I am still a bit confused . I do get that price for jan is higher , it makes sense. But if next moth contract for gas go up 5% every month doesn't jan24 goes up 5% as well?
So may23 goes up 5% is jan24 gonna go up 5%
then on may1, jun23 goes up 5 %...
If BOIL ,UNG are not the best way to do it with , can I just do it with NG futures?
Buying next month contract or maybe buying winter contract ?
It seems that next month contracts and winter contracts are in perfect correlation to each other. If next month goes up 10% , winter months go up...
So that could also mean that NG supplies gonna drop due to decreased supplies and NG price could go up . I made few bucks friday trading UNG, I closed 50% of the position . Will see monday if it it continues or goes to shit.
easymon , who is the guy in the video you posted? He looks like he knows what he is talking about, do you follow him on regular basis?
The guy from the first video about NG
yes UNG and BOIL. I might just start buying in very slow increment . Maybe 1/10 every week .
But I really don't understand NG at all. I've never traded it , only BOIL one time
so , doesn't it look it like a good long term play ? even compering MAR and JUN it looks like the price is almost always higher in JUN then it was in march for the same year
I read some article from 2019 that says that avg price of gas should be around $2.5 if the producers wanna make any profit, depending on the type of gas they are working with .
There is also a lot of talk about the fact that weather is much warmer then they expected but I looked at the last 25...
Is there a scanner that scans across all the stocks based on TA and then alerts you when certain conditions are met live. For example : It will show you live signal when 10ma crosses 20ema on 5 min chart for all the stocks that have market cap over 1B. Thank you