Nat Gas Mini

one of the most succesful energy locals ( a multimillionaire
at least at this point in time ) did exactly that

according to Bloomberg Markets mag.

went long nat gas and short crude

of course his timing was excellent and his pockets
deep as the trade did not at first go in his favor
 
Paris-
You are correct I am wrong about lumping loc and bilateral into one. I used to work for a large utility (bilaterals) then a fund (letters of credit) and I use them both when I should be more specific.

A few pages back some one mentioned doing the ratio ng/cl spread. It is a nasty spread in my opinion and I wouldnt do it as a casual trade. I know many a trader who have gotten turned around badly on this on. That being said when it gets to extremes it is a great mena reversion trade but the problem is determing what the extremes are, isnt that always the case!

Artis
 
Quote from SethArb:

one of the most succesful energy locals ( a multimillionaire
at least at this point in time ) did exactly that

according to Bloomberg Markets mag.

went long nat gas and short crude

of course his timing was excellent and his pockets
deep as the trade did not at first go in his favor
More...

and that peak bolling made out on had nothing to do with a spread -- all to do with hurricane fears. Then they abated and nat gas dropped a buck within a day or three.
 
What datafeeds are people using for nat gas? I am trialling neoticker with iqfeed but it does not display prices to three decimal places.
 
Quote from just21:

What datafeeds are people using for nat gas? I am trialling neoticker with iqfeed but it does not display prices to three decimal places.
More...

Just,

I'm using ice & nymex data via Interactive Brokers.
 
For what its worth, my long position on december contract looks like it may be heading into a triangle formation with decent break-out potential North.

... we'll see, it might be ripe in a few weeks.
 
Quote from just21:

What datafeeds are people using for nat gas? I am trialling neoticker with iqfeed but it does not display prices to three decimal places.
More...

If IQFeed has the correct values sent to NeoTicker, you can change the display format (# of decimal places) easily within NeoTicker.
 
I should have updated my post. Neoticker support got back to me and showed me how to get three decimal places for natural gas. What is everybody else using?
 
Quote from ParisJOM:

Sexy move today.
More...

:)

looked like a panic short unwinding in response to that EIA report...

I wonder how much from 7.57 the market will give back.

16k contracts Nov volume versus 5k december volume today. I figure the remaining open interest will be 30-40k by tommorow morning.

..and look at how that nov/dec spread moved.

PS: I would've sworn the Pet status report would've actually been a natgas report reporting a 100bcf withdrawal.
 
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