Long Natural Gas

NG - up it goes due to early freezing winter, workers' strike, or whatever.

The Russians used to be able to turn on and off the NG valve to the Europeans.
They probably had fun doing it.
Seems like they wouldn't be doing it anymore.


crude oil - down it goes.
 
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maxinger said:
NG - up it goes due to early freezing winter, workers' strike, or whatever.

crude oil - down it goes.
More...

Hey Max - in your trading of nat gas futures and oil futures, how long do you average holding a position? Just curious. Thanks in advance!
 
birdman said:
Hey Max - in your trading of nat gas futures and oil futures, how long do you average holding a position? Just curious. Thanks in advance!
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If I am 'lucky', it is in minutes.

Mostly it is about an hour to a couple of hours.

I rarely hold beyond 12 hours.
 
up it goes to the moon and beyond.

This summer must be extremely cold or extremely hot
or whatever depending on how NG is being used.

supply vs demand probably changed massively.
 
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upload_2024-7-31_7-56-13.png


Suddenly the day range increased to 0.14 point (7%) - see histogram.

If it stays consistently above 0.1 point, it should be excellent for day trading.
 
maxinger said:
up it goes to the moon and beyond.

This summer must be extremely cold or extremely hot
or whatever depending on how NG is being used.

supply vs demand probably changed massively.
More...

The microcephalic cannot read an HV histogram.

upload_2024-7-30_17-3-42.png
 
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