Sep 6,22 NG-how low will it go? 7.6?So I'm out of the trade as you all know. So now I'm waiting for NG to bottom out b4 it skyrockets back up!
Question is,,,how low will it go? There should be some support around 7.6 so that is what I will be waiting for to jump in on a buy order.
Let me know your thoughts - how low do YOU think it will go?
Heiko
Natural Gas
Natural Gas | European Natural Gas Pipeline Closed IndefinitelyGazprom, the russian state-owned energy giant, cut indefinitely the flow of natural gas through the Nord Stream 1 pipeline into Germany citing an oil spill in a turbine.
This looks like the weaponization of energy flows by the russian authorities.
Russia will not restart gas supplies to Europe until western sanctions are lifted, official said.
My chart scenario is a triple top formation with short term price target for Natural Gas of $9.5.
Looking forward to read your opinion about it.
Sep 4,22-NG Take my money and runLike I said on Fri, if NG drops I'll keep my order until Sun night to see what happens. Well now that I am seeing what is going on, I'm taking my profit at 8.8
I gotta get some sleep and I don't wanna wake up tomorrow with the price up at 9.3
I'll let you know my thoughts as the week progresses.
Heiko
$HUSA bullish pennant formation in weekly$HUSA bullish pennant formation in weekly TF.
However, it's not ready yet for a breakout, the weekly candle closed bearish (Hanging man) and was not able to break the upper trendline.
I think it will first dip to $3.7-4 before the big move, anyway, it needs to breakout with above average volume to confirm that pattern..
Jamie Gun2Head Trade - Buying Natural GasTrade Idea: Buying Natural Gas
Reasoning: Buying natural gas at a support level, currently in a strong uptrend
Entry Level: 8.909
Take Profit Level: 9.980
Stop Loss: 8.620
Risk/Reward: 3.71:1
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Natural Gas - A Maniac Market MakerI find the market makers of the Natural Gas Futures market to be particularly wild savages. The recent dump from $9.5~ to $5.3~ is a fine example of how difficult they make getting long.
They're like a world class bull at the rodeo. You get a lot of points if you can ride one, but their Buck Off % is like 90%+.
Natural Gas is going to $13-$15 and it will very likely do it before 2022 is out The reason is to make it so that North Americans can't afford to heat their homes, especially amid all the other inflation and losing money crushing the middle class.
But you should also know that this recent pump to $8.5 was both too direct and too easy. The shake out is coming, and it's not going to be very pleasant. Look for numbers in the low 6s and high 5s and look for these figures to come painfully fast and with little warning.
"Fundamentals" don't matter. You keep listening to a propaganda network masquerading as a public intelligence organization that calls itself "the news" and wondering why your compass is broken and you can't figure out what is going to happen.
Life is hard and nobody wants you to be rich. Nobody wants you to survive the economic depression that lies ahead. The idea of the establishment is that they will do what they have planned to do, and if you're good enough, you will make it. If you aren't good enough, you will be weeded out.
This is fundamentally evil, and while there remains hope and the evil will ultimately fail in its plans, these are nonetheless the scenarios that will unfold, because all of humanity has abetted this for more than two decades.
So, you have to do your best and stop going with the flow. Stop adding fuel to the flame.
Long NG1 at high 5s and low 6s with a stop under $5.30. The real target is beyond $10, but $10 is coming.
Natural Gas is unrealistically cheap in North America compared to Europe and other parts of the world right now. This won't last. But getting there on a long trade will not be so easy.
Sep 2,22-NG consolidating around 9?Not sure what's going to happen next week. There seems to be some consolidating around 9 the last few days with today also looking that way.
If I get cold feet, before days end today I might close my 9.5 order with about a 500 point profit. If price action breaks 9, I will keep my order to see how NG opens Sun night.
Stay safe.
HEIKO
WTI Crude Oil - Running and GunningAll of the fundamentals in the world tell everyone that because of mankind's insatiable requirement for oil to fuel its transportation network and electricity generation, supply and demand should result in a new all time high.
This is correct.
However, before this happens, the condition to be cleared first is that many unpleasant things will happen in the market and in the world.
Oil is about to take bulls and bears both for a ride with a run to $108~. The bears will say it shouldn't be happening, while the bulls will say that of course, oil is heading to $180, $350! and nobody can stop it.
After it takes a few heads it will begin to seek for new lows. $86 is the first stop. When I initially began to foresee this move in the last two months, I had assumed that this would come faster. However, with lows at $90, $93, and $92 in recent weeks, and the huge amount of volume being sold between $100 and $125, $86 is bound to be merely the first stop.
$80 will come next. It may come after some more chop and bucking, and it may just be bearish and run straight towards $74.
Be forewarned, before you mortgage grandma's couch to take a leveraged long on the nearest discount brokerage, numbers like $60 are probably enroute before we see any kind of bull activity.
But after everyone has capitulated, watch out. Oil is going to be expensive. Gasoline is going to be unaffordable. And the western Communist Party that runs our governments is going to install lockdown fuel rationing (Don't believe? Google: Sri Lanka QR Code Fuel Rationing, Ireland Oil Shortage Wargame).
Frankly speaking, I see Natural Gas hurting everyone's feelings under $5 before it turns around and runs to $18 near the end of the year. Never forget how cheap natural gas is is in North America and how expensive it currently is in Europe.
Going short at $108 with a stop of $111 and a target of $86 gives you an RR of 7.77. The perfect kind of number for cowboys, who love casinos.
What I want to tell you with this trade call is that when oil is dumping and everything seems hopeless, people who are good at detecting opportunities will realize they can find a glimmer of yield by investing in energy companies.
However.
And this is a big however.
You'll have to find energy companies who do not have links to China and the Chinese Communist Party. Those companies will be wiped out as the CCP is embroiled in scandals and targeted by the International Rules Based Order as the western regime makes a powerplay to depose and/or cuckold Xi Jinping in the coming months.
What I also want to tell you with this call is that the Party is over in this world, and it isn't coming back. This old paradigm you are used to of mashing the buy button in huge sizes of risk on anything listed on Nasdaq and making all time high after all time high before going and getting wasted at the bar every night and hiring call girls is over.
It's over, and it's never coming back. It's time to sober up. Now.
This new paradigm is a bear market. Have you traded a bear market before? Have you traded a choppy market before? A seek and destroy market before?
These types of markets are nothing like how getting long on the S&P and the Nasdaq have been. You will buy a dip and it will keep dipping and not come back. You will short a bump and it will be green for a day and then you'll get margin called in the morning and have to tell your wife you lost the last of your rice money.
For many, it would be better if you withdrew your coins, bought some gold , bought your wife something nice, and started to prepare to practice cultivation and return to tradition.
"What goes up, must come down" is a fundamental law of the Universe and part of how matter moves. Failing to respect it is the same as failing to respect an oncoming train.
NATURAL GAS - 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Natural Gas - Weekly Trading Idea
Hello guys,
keep your eyes on Natural Gas; Technically by looking at the charts the market is overbought and soon the Sellers will take control
and as Fundamentals are concern the sanctions on Iran will be soon lifted and if it will happen then Iran has biggest reserves of OIL & GAS this news will make Panic SELL you should keep your eyes open for the great opportunity.
*** This is not any FINANCIAL Advice *** only my Trading Plan / Analysis
Energy Natural gas idea (01/09/2022)Natural gas during the day. The correction in wave (2) may be over, as the rise in the third wave has already started, and it may target a new above 9.78, But this height depends on trading remaining above the bottom of 5.325 as well, if trading remains above the bottom of 7.530, we may witness an increase in prices.
Our current expectation is to continue the correction before completing the rise again
EQT: Potential Cup & Handle in Natural Gas FrackerEQT is a natural-gas fracking company that’s benefited from Europe’s energy crisis. It may also be attempting a breakout.
The main pattern on today’s chart is the low near $31 in early July and the higher low above $40 one month later. The combination could be a cup & handle, a potentially bullish continuation pattern based on the previous uptrend.
Next, the second higher low occurred at the 50-day simple moving average (SMA). That may suggest intermediate-term momentum is turning bullish.
Third is the level around $46.70. EQT gapped below this line on June 13 when energy tumbled. It was resistance again in late July as prices rebounded, but then gave way in mid-August. Consider how the stock dipped below this line on Tuesday before closing back above it. Has old resistance become new support?
Finally, you have confluence with the orange 21-day exponential moving average (EMA). The combination of that potential support and the EMA could help traders manage potential entries if they expect prices to continue higher.
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