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E-mini Natural Gas Futures

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QG1! trade ideas

$4 Nat Gas during the summer?$4 Nat Gas during the summer? Natural gas prices behave extremely seasonally. In the past, due to the increasing demand for natural gas to power air conditioners during the summer season, we have noticed that the price of gas tended to increase significantly as the season approaches Summer this year could be different than usual, with forecasts showing we are set to experience a hotter-than-expected summer spell across much of the continent. NOAA (National Oceanic and Atmospheric Agency) has announced the arrival of El Niño for June 8, which means higher than usual temperatures in both summer and winter. Another boon for natural gas comes from Europe. Due to concern about its environmental impact, the Dutch government plans to permanently close the Groningen gas field, the largest in Europe. This will have a significant impact on gas supply in Europe. The Dutch government's unexpected decision triggered a wave of hikes in European gas prices, with TTF energy futures surging more than 50%. NG1 In the short run, prices can continue to fall. If you've been following my posts, you know that on June 26, I entered into a natural gas short transaction. After having finished their maintenance work, several manufacturers are back in business and there is the disadvantage of no longer having to face the stifling heat like in the last period in the USA. On the other side of the world, encouraging news is coming from China with demand remaining robust. The overproduction of natural gas does not lead me to consider a purchase at the moment. It will take more than three months in extreme weather conditions for storage levels to normalize. While summer demand will certainly be high, winter is still the time of year when US gas demand peaks. I am carefully following the weather forecast, in order to close the short position in profit. If natural gas prices fall near their yearly lows, I will consider buying if I see forecasts of extreme temperatures to capitalize on a near-term price rally. Given the conditions of the futures curve, it is not possible to take long-term buying action, as the curve is in contango. This situation arises when the curve slopes upwards and gas prices for future deliveries are higher than the current price. This phenomenon reflects the cost of storing the gas. So if you want to store gas for delivery in August, the futures cost must be higher than the spot price to reflect that expense. Author's note: The information and content provided on this site should not be considered as an invitation to invest in the financial markets. The Content is a personal opinion of Mr. Antonio Ferlito.
NYMEX:NG1!
by Antonio_Ferlito
3
I love Nat Gas futuresI hope you enjoy this one. I hope it doesn't disappoint. Assuming the future is already known and the drawings are inspired by the future, will the result of this exercise disappoint? If it doesn't disappoint, and it is interesting, what other explanation can there be for this phenomenon? Big Algos controlling the markets? Future already simulated with supercomputers? Then how am I able to draw these charts without any help from external information? After writing this description I changed my mind. I hope it disappoints. :)
RUS:NG1!
by nen
10
NatGas Gold Silver Forecast | QQQ Market Analysis- Natural Gas stock slight red flag today - Natural Gas NatGas bull break above resistance today with no bull follow through and came below the resistance. - Gold & Silver Stock Falling Wedge Guide. - Silver is outperforming Gold and if silver weakens more Gold would likely break bearish through the falling wedge. - QQQ needs to confirm a hourly downtrend before we can have more confidence that the daily lower high is set. So far bulls played defense and we are still in a hourly uptrend.
NYMEX:NG1!Long
by ArcadiaTrading
NG1! Is Going Up! Long! Here is our detailed technical review for NG1!. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.779. Considering the today's price action, probabilities will be high to see a movement to 2.867. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
NYMEX:NG1!Long
by SignalProvider
8
NG1! Expected Growth! BUY! My dear followers , I analysed this chart on NG1!, and concluded the following: The instrument tests an important psychological level 2.731 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 2.857 Safe Stop Loss - 2.661 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
NYMEX:NG1!Long
by AnabelSignals
21
Question:What is more profitable longing the strongest market ortrading concepts that can not be automated? as interessting as ICT concepts sound price always always always has a 50% or 61,8% level or a fair value gap or a BPR = balanced price range = a bearish and bullish FVG (fair value gap) overlapping but does price most of the time re-act on these levels? NO!!! only sometimes so why not simply go long on the opening bar with a low risk and exit at the end of the session or trade market structure changes on the 3 min NQ most of the times its the simple (automated) things that perform better in the long run...
NYMEX:NG1!Long
by responsibletrad8r