Trading natural gas options on winter weather forecast

[WeatherWealth]

Thanks for your comments. Overall, the weather will turn bearish natural gas as we head deeper into November based on my research

 

[wmwmw]

As mentioned, NG is excellent for day trading.

But trading and rationalising/reasoning don't mix.
So trade based on what you see from the chart.

Obviously, the big boys move the market due to
certain reasons (workers strike, climate change, US dollar,
supply/demand, politics, Russia opening/closing the valve [last time]....).
And when there is major price movement,
news reporters might report the news a few hours/days later.

The same goes for the crude oil futures.
But when there is minor price movement,
news reporters might also report the news.

Yesterday NG futures day range was big (5%).
NG went down significantly during the European session.
Then it went up significantly during the US session.
I doubt you can get the news.

I did experiment daytrading NG in the past but at the end I concluded NG is not good for daytrading but only good for swing trade.
On the other hand, My experiment on daytrading ES is very successful .Gold by itself is a very good daytrading instrument when its movement is not impacted by other instruments but nowaday that is rare .

 

[maxinger]

I did experiment daytrading NG in the past but at the end I concluded NG is not good for daytrading but only good for swing trade.
On the other hand, My experiment on daytrading ES is very successful .Gold by itself is a very good daytrading instrument when its movement is not impacted by other instruments but nowaday that is rare .

What a strange people.

You are already good at day trading ES.
Yet you go and day trade and swing trade NG & suffer losses.

You should just day-trade ES.