September Nat Gas Thread

Quote from Sequoia:

Hello,

NG is wide awake now.
By the way, how many dollars it for 1 cent per contract ? and what about e-minis ?

thanks
More...

$100 per cent
or $25 per cent for minis.
 
Thanks Surdo. Well my timing was not that good. Actually I did what is not recommended usually : I averaged the position, but I did it smoothly...

Here are my trades on NG : trades via a French certificate. When NG is 6.50 the certificate is 4.50 euros. I can buy it like a stock. So I bought by bunches of 100 between 4.10 and 4.65. I now have 1400 certificates. Each NG cent makes a 14 euros profit, almost like if I had 0.5 e-mini.

I will keep the position for a swing trade. My objective remains 7.40.
 
I guess the other thread is dead...


Still long and I'm thinking higher yet. And another exciting week for NG. Models like the chances of 90L showing up in the gulf.

Is Commanche around? Would like to hear your point of view on NG, sir. Thanks.

cheers and good trading to all...
 
Takin' the money and runnin' on NG. I'll settle for only a buck (plus a few good sized scalps during this run).. it could get pretty treachorous, and if Dean doesn't hit ... well, I don't want to risk it.

cheers
 
You must log in or register to reply here.
Back
Top