I don't see any change in the fundamentals either, but I don't think NG or any market necessarily needs news to reverse directions. Sellers stopped selling, shorts had to get flat, and buy stops were probably triggered.
Hey there MIT,
(I'm assuming that's what you'd like to be called since you put it in your name)
I've read a chunk of this thread and agree with you on the arbitrage opps...
What do you think happens to FAZ when the market truly rebounds?
Nice, how long have you been doing it? I also trade the majors but focus more on the energies and ags. Mind if I ask what your all-in round turn on the ES's and who you're with? I'm debating looking around...
yea weird action in the may right after the release...burst up to 3.67 only to puke down to 3.53 and settle for the middle ground around 3.58-3.6 for the afternoon.. Incredible supplies, the market seems to be supporting it rather well though, any thoughts?
Gotcha, sounded a little too good to be true. I know it's great software, but I'm looking for access to that auto-spreader.. and am not at a level yet where 1275 is feasible
Does the x trader include the autospreader? Trading corn/wheat in the same price ladder for example?
Does the X_Trader include the charting?
I should clarify after looking at your site... What is not included in the various tiers of your x_trader that is on the front page of velocity futures...