Natural Gas Forum & Chats (TRADENATIONSB:NATURALGAS)

2 hours ago

It is trading on 3.727 pivot level and it is bullish it can give us a bullish move.
TP 1 at 3.860
Target - 3.970
SL with 3.633
H8 time frame.

GrackleObstinatus

4 hours ago

If you are nostalgic, turn your monitor upside down and go into settings, and flip the candle colors.

jackodea

4 hours ago

In theory it should drop, hard, but i'm mostly on the sidelines now watching for entertainement, trying to watch spoof mac Spoofer's trading strategy. My guess, is when there is sideways chop like this for a while, spoofy rips to short squeexe and then rug pulls.. about every hour. Im only happy to short small when theres been the squeezy nonsensical massive rip

ShanTheMan93

5 hours ago

looks like tarrif play is still taking effect

tanvirina

11 hours ago

IMO, price could go up as many countries will be forced to buy from USA to reduce the trade defecit. It is working against relatively peaceful weaker nations.

Robpoll

16 hours ago

Weather models got a lot colder in the last 12 hours.
We could gap up now, instead of down.

But production and exports are still bearish.
So it'll be interesting to see which the market decides to run with.
Gap up due to weather demand
Or gap down due to higher production, lower exports and political turmoil, who knows.

I'd love the chance to add more short tbh, so I quietly hoping for a gap up

Robpoll

yesterday

Many countries looking to break away from US natgas now.
Turkey and Bulargia are looking to increase their Russian natgas flows to supply Europe.
China is obviously boycotting the US.

Exports are down quite a lot over the weekend.
Production is up decently.
Canada exports to the US are higher.
Demand has tanked pretty hard for now.

Gap down seems extremely likely.
I suspect $2.5 is perfectly viable mid to long term target.

This can obviously all change instantly, if the relationships change.