What's your view on natural gas long term?

[Sig]

North Asia is very cold unexpectedly and Europe is getting colder. U.S. may experience the same soon. Watch carefully. I have somewhat bullish view......

I'm not sure the correlation coefficients for unusual temperatures in Asia, Europe, and the U.S. is very far from zero?

 

[maxinger]

when the market opened just now, NG gapped down 3.7%

Then it went up massively by 7.5% during the US session.

Either traders read the forecast reports differently,
or the weather changed suddenly,
or whatever.

 

[maxinger]

Up it goes again.
This winter must be extra cold.

 

[maxinger]

will NG gap next week when the market opens?

but then, the situation should have been stabilised.

 

[maxinger]

It gapped down by 4%

 

[maxinger]

 

[maxinger]

It gapped down by 4%

Own self talks to own self.


Down it goes again.
Hopefully the reward : risk ratio is > 5:1

The weather must be quite comfortable

 

[maxinger]

cont ...

max RR ratio 6:1

straight forward trade.

unlikely it will go further down.

 

[heispark]

North Asia is very cold unexpectedly and Europe is getting colder. U.S. may experience the same soon. Watch carefully. I have somewhat bullish view......

Yes !!!

 

[maxinger]

NG continues to be great for trading due to extreme hot/cold or whatever weather.

Let's see if the Europeans will push the price higher.

who knows, when the market opens next week, NG will gap ( up or down) again.
It has been gapping for the past few weeks.