island gap??We need prices to stop falling out of bed here, and a major recovery and gap filling reversal, opposite of what we saw a couple weeks back. Longby mstankowiczPublished 110
Natural Gas: Bears Not Over Yet Nice five waves down and now contra-trend rally on Natural gas. Price moving into Fib resistance @ $7.5-$8 by ew-forecastUpdated 22
Natural Gas DownToday Natural Gas is so far down 7%. I can see that there is a strong support zone just under where we are now but if the price heads lower than that we could see the topping pattern of a head and shoulders form.by MrAndroidPublished 2
Natural Gas Naturalgas in day time frame.after long downtrend it is going to reverse trend. The chart i analysis and sharing only for study purpose by santhoshoptionbuyerPublished 4
Dec 4,22-NG-How Low Can It Go?In my last post last week, I gave several reasons as to NG declining in price. I said that it would probably get down to 6, maybe lower. It opened tonight in a Gap Down situation and now sits around 5.8 - crazy low. What will it do this week? Good question... I'm thinking it could get as low as 5.2, maybe touching 5 in a low 'rubber band' touch one day this week. Longer term I believe price will go up...problem is you have this thing called a Worldwide Recession hanging over us in the 1st quarter next year. This will keep prices down. You have Winter which will push prices up. And who knows what the War holds. Bottom line...dangerous time to trade. Unless you have a sure bet (which we never do), maybe best to stay on the sidelines and keep your cash :-) Stay safe and trade well. Heikoby HEIKOTradingSystemPublished 447
NatGas (ng)...Some calling for $3 in 2023!! Not me!NatGas going to $10 was one of the...wait for it.....'safest bets' that analysts were calling for just a few months ago. Europe's energy crisis ignited fears of a global contagion that all but ensured that all forms of energy would soar. So what went wrong? Wise ng companies used every opportunity to buy ng and add to storage ahead of the start of winter. Mother Nature accommodated with a very mild US fall season, and so far, an even milder early intro to winter. The already under-developed export facilities for LNG joined the party by, sadly, seeing one of its facilities explode and go offline until repairs are complete. And China's ongoing lockdown has bolstered the 'demand destruction' argument for lower everything-prices! So here we are reading (in a Barron's article entitled: The NG Boom Could Bust Before Coming Back) about expectations of $3 ng pxes in '23!!! I might be alone on this one, but I'll take the other side of that one! We're just one or two arctic blasts away from that $3 target being revised back up to $8 or $9!! A deeper dive into the weeds might alarm some folks as to how much ng development is likely to go on in the face of a regulation-heavy Administration, limited infrastructure to transport nationally and higher (and likely getting even higher) cost of capital. Part of me hopes the $3 target is, at least, approached, because it will make later dated call options struck at $7 or $8 real cheap to load up on! (NOT ADVICE! JUST FOOD FOR THOUGHT AND DISCUSSION!)by trader_investrPublished 6
Support and resistance Back testing running well followed rule regulations on same time earn rewards by arhemynnusPublished 0
Stop and reverse Trading Part 111. 29. 22 Stop and reverse trading: Part 1. Because of my eyesight and physical disabilities, it is exceedingly difficult for me to fill in this section. Either I talk or I walk.19:16by ScottBogatinPublished 6
Mcx Natural gas Mcx Natural gas today mager levels update I will the levels in chart by rockvellorePublished 550
Support and resistance I work under small risk and big profit with help of support and resistance. Make sure take risk accordingly by arhemynnusPublished 1
Mcx Natural gas chart update Hai friends today Natural gas hit sell target . Wait to conform to buy Longby rockvellorePublished 440
Mcx Natural gas Mcx Natural gas Monday leaves I given chart today market major leaves Longby rockvellorePublished 550
Nov 27,22-NG Neutral this week?As you can see from the Daily Chart, price action is at the outside of the Linear Regression so it's possible this week price action could drop...maybe under 6. 1 - late last week both European AND UK NG price dropped 2 - Weather is looking steady, certainly on the cooler side, but still no snow really in the forcast for basically all of the U.S. 3 - China is in lockdown to the point that the world is now fearing a slowdown at the least - most of the world is thinking China will push the world into a recession as early as Jan, where price would certainly drop for NG 4 - Fractal from last week on the Daily so price will probably drop some. If price acion does NOT go up past 7.6 this week then there will be a fractal on the weekly chart also for next Sun. So will price drop this week?? Or just stay around Neutral?? No idea. Will probably go down some, at least that's what I'm thinking. So I have no idea how to trade this week so I'm on the sidelines till I can figure something out. Heikoby HEIKOTradingSystemUpdated 131311
Another NG model based on fractalsThere's positive scenario with possible fractal super cycle new round. Dotted line - another model alike 1995 cycle. by NjusickPublished 2
Financial Wave. NGA difficult situation has developed in NG. Inventory and supply issues pushed the price to record levels. Our preferable scenario is to rally up NG to $12.78, falling below $4.77 will change our view on NG.Longby Financial_WavePublished 115
Bobby's homework 11. 26. 22Extensions for ABCD patterns; Fibonacci retracements; We looked at Microsoft and Natural Gas20:00by ScottBogatinPublished 7
Natural Gas - Long opportunity Natural gas is showing bullish signals on the weekly time frame. Here’s a long opportunity. => Exit at first reversal signals (basically from fondamental news).Longby MonstralianPublished 0
OIL Homework for two of my students.11.25.22 I talked about oil and natural gas. The main discussion was on oil because door stop and reverse patterns that I want my two students to focus. I want them to battle through this, even if this causes physical injury because of a difference of opinion... because I think this will help them. Even if they are not stopped and reversed Traders, The Dynamics of this market support buyers and sellers... even though they may only trade one side of the market. Remember if there's a good setup for sellers and your long, at least you should get out of your long position. Likewise, short in the market and you're coming to strong buyers, you have to get out of your short position. You cannot forget about one side of the market. I had time to look at Natural Gas which came to a potential support area ....And I gave the potential set up with a scaling strategy. 17:44by ScottBogatinPublished 8
NATURAL GAS Critical test for bullish or bearish DecemberNatural Gas (NG1!) hit yesterday the Lower Highs trend-line of the August 22 top and today we see the first signs of a rejection. Until this breaks decisively, we can expect NG to pull-back to the 0.382 and 0.236 Fibonacci levels. Based on the 1W RSI though, which is on a Falling Wedge since the October 01 2021 High, there is still some room to rally, and if yesterday's Lower High is anything like the February 02 2022 Lower High, then after this pull-back we can expect a rebound back to the 0.786 and 1.0 Fibs even a new Higher High. In that case we will be buying every closing above each Fib. A complete bearish reversal scenario will take place if the price makes a weekly close below the 1W MA100 (red trend-line), which is where NG rebounded on October 24. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShotPublished 2220
NatGas: Caffeine Overdose ☕️🔋Looks like somebody overindulged on caffeine yesterday since NatGas jumped quite high to complete wave a in pink. We're currently expecting the course to drop back below the resistance line at $7.221 to finish off wave b in pink, before starting another climb above this mark. As soon as NatGas has crossed $7.221, it should rise further to complete wave (B) in white near the resistance at $9.238. A 33% chance remains, though, that NatGas could continue the downwards movement and fall below the support at $5.547, thus triggering further descent below $4.750 and into the pink zone between $4.068 and $3.493.by MarketIntelPublished 227
Nov 23,22-NG Winner-Finally closed original tradeFINALLY!! lol My original trade from like 2 months ago which was a Buy Order at 7 I finally closed this morning at 7.3 for an ok 300 point profit. As you can see from the chart, I have no more open trades. I'm going to stay on the sidelines as this week is a short trading week because of the American Thanksgiving. Between now and Sun night?!?!? Who knows what can happen! The War, Covid in China, Cold Weather, Warm weather - who knows. All I know is I don't want to hold trades for the next 5 or 6 days not knowing what the Big Boys are gonna do - then Sun night there is a huge Gap Down or something. Anyway, price action might continue up to 7.6 or so early next week, or maybe it will tank based on all the crap happening in the world - hard to say. Happy Thanksgiving to those of you celebrating. Otherwise, take call all and stay safe - I will post early next week and let you know my thoughts. HeikoLongby HEIKOTradingSystemPublished 3
Natural Gas Waiting for BuyingLast time the price didn't go in my buy zone. But since it jam a current price, I'm still confident to see in go back to my Buy Zone and then go long. by Trader_Perspective_Published 4
NG | Natural Gas LongNatural gas , last move up was quite week, and whiteout foundation. Will be glad to take it at 5.000 and let it go. If it break the top, will go for that patter as I'm showing. Once again on commodity, I would trade future on 03.23.Longby Trader_Perspective_Updated 882