Break out or Turning Point?We're at a historically important point that spans all the way back to 2016. From here, we'll either break down until next demand season, or break-out to $3.5-$4. Stay nimble, don't get tied down by your hopes or potential profit.by Robpoll13
Natural Gas | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Natural Gas - Double Formation * 012345 | Wave 1&2 | Subdivision 1 * 2.0500 USD | Support Area - Triple Formation * Retracement 50% | Uptrend Bias | Subdivision 2 * 3.2000 USD | Resistance Area * Top Bottom Structure | Gaining HH At 3.6700 USD | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy Longby TradePolitics0
"NATURAL GAS" Commodities Market Bullish Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist "NATURAL GAS" Commodities Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Target 🎯 : 3.500 Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂Longby Thief_TraderUpdated 2214
Natural Gas 240 mins timeframe Price trading in a narrow range and ready for a trending move either side. keeep an eye on both trendline resisitance and support.by Kushalvk71
Turbulent Times Ahead for Natural Gas MarketNatural gas prices began the week with a gap-up, driven by forecasts of colder weather increasing demand, but have since faced strong selling pressure, making traders cautious. ◉ Technical Analysis ● A bullish turnaround seems imminent for Natural Gas prices, highlighted by the appearance of an Inverted Head & Shoulder pattern on the daily chart. ● After breaking out, the price momentarily reached the $3.290 resistance level before retreating and revisiting the breakout point. ● The price is now attempting to breach the resistance zone again, with expectations of exceeding the level soon. ● However, a drop below $2.800 could trigger a further correction. ◉ Overall Outlook Natural gas prices are poised for a volatile week as traders weigh colder weather expectations against bearish technical signals. Thursday's inventory data will be crucial in determining the next price move.by NaranjCapital3
Natural gas is in the Selling directionHello Traders In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET today NATGAS analysis 👆 🟢This Chart includes_ (NATGAS market update) 🟢What is The Next Opportunity on NATGAS Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20005
Natural Gas prepares for the takeoffNatural gas is trying to find a dip after a correctional move, and may pullback higher. Here's why: The net position for commercial traders for Natural Gas futures from Nymex had reached the 2-year peak, which potentially means the imbalance in supply/demand equilibrium. The fair price for Natural gas is calculated at between $3 and $4 per contract (10k MMBtu) according to energy administration of the United States. Technically, it moves in a visibly strong uptrend and may contiunue to advance higher as pointed on the chart. Don't forget - this is just the idea, always DYOR and manage your risk!Longby Stanislav_Bernukhov_Exness226
Natural Gas Prices Rebound from 2.5-Month LowNatural Gas Prices Rebound from 2.5-Month Low On 19 November, we analysed the natural gas price chart, noting: → the formation of an upward channel (marked in blue); → a potential bullish attempt to break the key $3.200 level, which had acted as resistance (highlighted with arrows). As seen on the XNG/USD chart, the price did rise above $3.200 but failed to hold. After fluctuating in the upper half of the channel, it dropped below $3.200 to the channel's lower boundary, driven by: → a bearish report from the Energy Information Administration, showing US gas inventories above the five-year average; → a report from financial firm LSEG noting increased average gas production across 48 US states. This decline pushed natural gas prices to a 2.5-month low around the $2.935 level. What Could Happen Next? From a technical perspective on the XNG/USD chart: → support from the channel's lower boundary (reinforced by the psychological $3.000 mark) is already evident in an emerging price reversal (indicated by an arrow); → on the other hand, the $3.200 level may resume acting as resistance. It’s likely that natural gas prices will fluctuate between $3.000 and $3.200, with weather forecasts playing a decisive role in shaping consumption expectations for the winter season. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2212
NATGAS_1Dhello Analysis of natural gas in the daily and mid-term time frame based on the Elliott wave analysis style, after completing 5 rising waves, the market can enter a correction and move towards the number 2.222, which is a strong support in the long term, and companies, Countries complete their long-term buying in this area. For the next rising waves, currently the front resistance is 3.130 and the next number is 2.950, and when the price is below these numbers, the wave of correction and decline It can start and move towards the number 2.222Shortby Elliottwaveofficial4417
Natural Gas: Bullish Wedge Flag Formation Signals Uptrend PotentNatural gas is forming a bullish wedge flag pattern, indicating potential for an upward trend. Additionally, a bullish divergence has been observed on the 30-minute chart, further supporting the likelihood of upward momentum.Longby MarkhorTrader2
NaturalGas enters resistance zone. H4 25.11.2024⛽️ NaturalGas enters resistance zone 📉 On gas the price has entered the zone of strong resistance 3.51-3.63 from which I expect a new exit of the price down. Now on the comeback a false break above is possible, but in general the zone for selling is strong. I aim for a bounce down to 3.0 and 3.15, and there will clarify. The main support is near 3.0 and there is the boundary of the ascending channel from which they can bounce up again. FX:NGAS Shortby KovachTraderUpdated 22
NAtGas - Long terms Trade - ShortThis is my long term trade for NatGas Target is for middle of 2025 (April/may) I thing we have terminated the reboud and now we go in finally three of five short waveShortby flyhorseUpdated 13
Coming back into support. We'll see from there.NG pulling back into support. Looking for price to react. Either a bearish break or bullish bounce.by Robpoll339
Natural gas Wave Analysis 29 November 2024 - Natural gas reversed from support zone - Likely to rise to resistance level 3.550 Natural gas recently reversed up from the support zone located between the support level 3.150 (former multi-month high from May, June and October), 20-day moving average and the 50% Fibonacci correction of the upward impulse 1 from the start of November. The upward reversal from the support level 3.150 stopped the previous minor correction 2 – which belongs to wave (3) from the start of November. Given the clear daily uptrend, Natural gas can be expected to rise to the next resistance level 3.550 (which stopped the previous sharp impulse wave 1 earlier this month). Longby FxProGlobal3
Natural Gas Poised to Reach $3Natural Gas Poised to Reach $3 Natural gas completed a bearish harmonic pattern and extended slightly more to around 3.6. Considering that NG is volatile, these deviations are acceptable. The price has already reacted and appears to be changing direction. This potential trend reversal could also be supported by yesterday's ceasefire agreement between Israel and Lebanon. We could see NG moving down to $3 if all goes well. You may find more details in the chart! Thank you and Good Luck!Shortby KlejdiCuniUpdated 28
NATURAL GAS - 2025 IS THE LAST YEAR IT WILL BE CHEAP !📣 Hello everyone! I believe that with a high degree of probability, a long-term reversal model "Inverted head and shoulders" is being formed on the price chart of natural gas. If the above is true, then in 2025 the right shoulder will be formed and this is the last year when natural gas will cost so cheap $$ ! From my point of view, after the "Inverted head and shoulders" model finds its confirmation, or if the high 9.1560$ is broken even earlier, WE CAN CONDITIONALLY SAY THAT THE PRICE OF GAS WILL NEVER DROP <1.5$ AGAIN - IN MY UNDERSTANDING, THIS PROBABILITY IS >90% Oil will also form a bottom next year and from the end of 2025 - the beginning of 2026, I expect the beginning of a long-term bull market! That's all for today, I wish you good luck in making independent trading decisions and profit. Please analyze the information received from me, always think only with your head! Goodbye! ✊Longby AnonymousTraderAcademy115
Natural Gas: Daily Support and Bullish Divergence on 30-MinuteNatural gas is currently at a significant daily support level, indicating potential for a strong price floor. Additionally, a bullish divergence has formed on the 30-minute chart, suggesting a potential upward momentum in the short term. Further strengthening this setup, natural gas is also receiving support from a 4-hour trendline. This combination of factors provides a robust foundation for potential price recovery.Longby MarkhorTrader7
Natural Gas , is there still potential that can be acquired or?Hi guys, let's take a look into natural gas which has been quite underwhelming for the past probably 6-12 months without any significant movement. The only recent interest shift in the price is the previous resistance line becoming a Resistance Line siting at the level of 3.20 and the formation of a new stable Support Line at the level of 2.60-2.70 level. The main drive into the prices of Natural Gas has been the Hurricane Helene disrupting the overall supply chain in the U.S. and the recent news coming from Russia and it's change to the Nuclear Weapon legislation , after Ukraine received the green light from the U.S. and the U.K. to use their current provided arsenal of weapons. As of now the main moving power of Natural Gas is Europe and its supply of NG. It has been confirmed that Europe has enough storage of Natural Gas to take care of the winter, but as we are seeing November is starting to become colder and December&January is expected to be significantly colder so there would definitely be higher demand than usual. My personal input on this opportunity is in two options. Option 1 strong entry , from the current level of 3.50 with a target of Target 1 : 4.00 Target 2 : 4.25 Option 2 calculated entry , wait for the price to drop down and retest the resistance line of 3.20 and then follow up with the same targets. Target 1 : 4.00 Target 2 : 4.25Longby DG55Capital2210
BULLISH BUTTERFLYBullish Butterfly with perfect harmonic measurements completing at previous low Target one - 2.42 target two - 2.92 target three - 3.5 stops just below the low zone 4.5 x 1 = risk to reward good luck traders its been awhile, I have returned.Longby Ap4Updated 8830
NATURAL GAS FUTURE - LONG INVESTMENTStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation. Longby GOLDBERG_INVESTMENT6
How To Trade Natural Gas: Tools and Approaches How To Trade Natural Gas: Tools and Approaches Natural gas trading presents unique opportunities due to its critical role in the global energy market and its inherent volatility. This article delves into the various strategies and tools traders can use to navigate natural gas CFDs, from fundamental and technical analysis to understanding market dynamics. Overview of the Natural Gas Market Made up of primarily methane, natural gas is a key fossil fuel that’s grown in use over the past two decades. It forms deep beneath the Earth's surface from the remains of plants and animals buried under layers of sediment and subjected to intense heat and pressure over millions of years. It’s typically found near oil reserves and must be extracted and processed before it can be used. Natural gas is a relatively clean-burning energy source, at least compared to coal or oil. It plays a crucial role in the global energy sector, accounting for about 23% of energy consumption worldwide in 2023, according to Statista, and 33% of US energy consumption in 2022, according to the EIA. It’s also highly versatile, used across various sectors. For instance, in 2022, natural gas provided approximately 38% of the energy consumed by the US electric power sector (EIA), making it a primary source for electricity generation. The industrial sector also accounted for around 32% of natural gas consumption, using it as both a fuel and a raw material for producing chemicals, fertilisers, and hydrogen. Natural gas is also essential for residential and commercial heating, particularly in colder regions. Moreover, the transportation sector adopts natural gas, particularly in the form of compressed natural gas (CNG) and liquefied natural gas (LNG), to reduce emissions and costs. Market Structure and Participants The natural gas market consists of various key players, including producers, consumers, and traders. Major producing countries include the United States, Russia, and Qatar. According to the EIA, the US led the world in LNG exports in 2023, averaging 11.9 billion cubic feet per day. Natural gas production involves extraction, processing, and transportation to end-users via extensive pipeline networks and LNG shipping routes. The supply chain for natural gas begins with extraction from reservoirs, followed by processing to remove impurities and liquids. The processed gas is then transported through pipelines or converted into LNG for shipping to international markets. Once delivered, it is distributed to consumers for the various applications described. Key participants in the natural gas market include multinational energy companies (e.g., ExxonMobil, Gazprom), regional producers, and numerous traders who facilitate the buying and selling of natural gas on commodity exchanges. These players operate within a complex regulatory framework that varies by country, influencing production levels, prices, and market dynamics. Key Factors Influencing Natural Gas Prices Let’s now take a closer look at the factors driving natural gas prices. Supply and Demand Dynamics The balance of supply and demand is a fundamental driver of natural gas prices. On the supply side, production levels play a crucial role. As with many commodities, higher production, in this case driven by advancements in extraction technologies like hydraulic fracturing, typically leads to lower prices. Storage levels also impact prices; high storage volumes, or inventories, can cushion against supply disruptions, keeping prices relatively stable. Conversely, low storage levels can lead to price spikes. Consumption patterns are equally important; industrial usage, residential heating, and electricity generation are primary demand drivers. Additionally, the cost of extraction, including technological and labour costs, feeds into the overall pricing of natural gas. Geopolitical Events and Policies Geopolitical stability and regulatory policies significantly affect natural gas prices. For example, the substantial 2022 reduction of Russian gas exports to Europe caused record price increases due to severe supply constraints. Trade policies, such as tariffs and export restrictions, also impact prices. The US has seen a notable rise in LNG exports in recent years and become a major supplier of natural gas to Europe. Recent policy decisions aimed at energy security and diversification, especially in Europe and Asia, have led to increased demand for non-Russian natural gas, affecting global prices. Weather Patterns and Seasonal Variations Weather significantly affects natural gas demand and supply. Cold winters increase demand for heating, often leading to higher prices, while mild winters can reduce demand and depress prices. Similarly, hot summers boost demand for electricity to power air conditioning, influencing prices. Natural disasters like hurricanes can disrupt production and transportation infrastructure, causing supply shortages and price spikes. Natural Gas Trading Instruments When it comes to actually trading gas, there are a few instruments traders use. Contracts for Difference (CFDs) CFDs are a popular instrument for trading natural gas due to their flexibility and leverage. A CFD is a derivative that allows traders to speculate on the price movements of natural gas without owning the physical commodity. Traders can go long (buy) if they anticipate price increases or short (sell) if they expect prices to fall. They are the most popular choice for anyone looking to be a natural gas trader. The CFD natural gas symbol is XNGUSD. You can trade US natural gas CFDs in FXOpen’s TickTrader trading platform. One of the main advantages of CFDs is leverage, which allows traders to control a large position with a relatively small amount of capital, potentially enhancing returns but also increasing risk. Additionally, CFDs offer access to the natural gas market with lower upfront costs and the convenience of trading on various platforms without the need for storage or delivery logistics. Futures Contracts Natural gas futures are standardised contracts traded on exchanges such as the New York Mercantile Exchange (NYMEX). These contracts obligate the buyer to purchase a specific amount of natural gas at a predetermined price on a future date. Futures are widely used by producers and consumers to hedge against price volatility and by speculators seeking to take advantage of price movements. While natural gas futures are suitable for some traders, their complexity and potential obligation to take delivery may deter those simply looking to speculate on the market’s price movements. Options Contracts Options on natural gas futures provide the right, but not the obligation, to buy or sell futures contracts at a set price before the option's expiration. These can be used to hedge positions in the natural gas market or to speculate with limited risk. Options strategies can range from simple calls and puts to more complex combinations like spreads and straddles, but are also highly complicated and require a strong understanding of how options work. Exchange-Traded Funds (ETFs) ETFs allow investors to gain exposure to natural gas prices without trading futures or options directly. These funds track the price of natural gas or the performance of natural gas companies. ETFs are generally used by investors to diversify their portfolios and participate in the natural gas market with lower complexity compared to futures and options. What to Know Before Trading Natural Gas Before trading natural gas, it’s important to consider the following key aspects: - Trading Units: Natural gas is typically traded in units of million British thermal units (MMBtu). - Trading Hours: Natural gas trading hours are specific, with futures trading on the NYMEX from 6:00 PM to 5:00 PM ET, Sunday through Friday. Ensure you know the trading schedule of your platform before getting started. Both CFD US natural gas and forex pairs can be traded on FXOpen’s TickTrader platform on a 24/5 basis. - Volatility: Natural gas prices are highly volatile, often more so than currency pairs and many other commodities. Be prepared for significant price swings. - Spreads: The relatively wide spread of natural gas, or the difference between the bid and ask price, can lead to higher trading costs. - Leverage and Margin: Trading natural gas, especially through CFDs, involves leverage, which can amplify both gains and losses. Ensure you understand margin requirements and risk management strategies before getting started. Key Strategies for Trading Natural Gas CFDs Trading natural gas CFDs can be a lucrative endeavour, but it requires a solid understanding of the market and effective natural gas trading strategies. Fundamental Analysis Fundamental analysis focuses on the economic factors that influence natural gas prices. Key elements include supply and demand dynamics, inventory levels, and macroeconomic indicators. For instance, the US Energy Information Administration (EIA) releases weekly reports on natural gas storage levels, which provide insights into supply and demand balance. High inventory levels generally indicate lower prices, while low inventory can signal higher prices due to anticipated supply constraints. Economic growth and industrial demand also play significant roles; as industries expand, natural gas consumption typically rises, driving prices higher. Moreover, expectations of colder-than-normal winters increase demand for heating, driving prices up, while mild winters can suppress demand. Lastly, geopolitical events, such as conflicts in gas-producing regions, can disrupt supply chains and cause price volatility. Technical Analysis While fundamental analysis helps determine the market outlook, technical analysis is often used by traders to find entry and exit points. Key principles like support and resistance levels, trend identification, and breakout strategies still apply in natural gas markets. However, price volatility may make some established technical strategies less effective. It’s key to test different indicators and patterns to find what works best. Momentum indicators, such as the Stochastic indicator or Moving Average Convergence Divergence (MACD); trend tools, like the Average Directional Index (ADX) and moving averages; and volume-based tools, such as the VWAP and Fixed Range Volume Profile (FRVP), can all assist in analysing and trading natural gas CFDs. In practice, a fundamental-first approach may look like a trader monitoring inventory reports, economic growth, and weather patterns to gain an idea of the market’s direction. They might then use technical analysis signals to time trades and find precise entry and exit points. Sentiment and Positioning Analysis Sentiment analysis involves gauging the overall market mood, which can significantly influence natural gas prices. While there is no single unified measure of natural gas trading sentiment, tools such as Investing.com’s Natural Gas Scoreboard can offer a quick look at how traders view the market. Market positioning can be identified using the Commitment of Traders (COT) report, which shows the positions of different market participants in natural gas futures contracts. Generally speaking, bullish sentiment and positioning might drive prices up, while the opposite sentiment can push prices down. However, traders should also note that sentiment and positioning can indicate overreactions, creating opportunities for contrarian strategies. Tools for Trading Natural Gas There are several tools that traders can use to analyse and trade natural gas. For instance: 1. Trading Platforms - TradingView: Offers comprehensive charting tools and real-time market data. - MetaTrader 4/5: Provides advanced trading and analysis tools widely used by traders. - TickTrader: FXOpen’s own TickTrader features an advanced charting platform with more than 1,200 trading tools. You can trade at any of these platforms with FXOpen. 2. Inventory and Storage Reports - EIA's Natural Gas Weekly Update: Offers comprehensive analysis of markets, including supply, demand, and price trends. - EIA’s Natural Gas Weekly Storage Report: Features a snapshot of the US supply of natural gas across different regions. 3. Sentiment and Positioning - CFTC's Commitments of Traders (COT) Report: Provides insights into market positioning by different trader categories. - Investing.com’s Natural Gas Scoreboard: Indicates the bullish or bearish sentiment surrounding natural gas. 4. Market Reports - American Gas Association (AGA) Reports: Provides detailed analysis and statistics on markets. 5. Weather Forecasts - AccuWeather or Weather Underground: Accurate weather forecasts are essential as they significantly impact natural gas demand. - National Oceanic and Atmospheric Administration (NOAA): Offers long-term climate predictions. 6. News Websites - Bloomberg - Reuters - MarketWatch - CNBC 7. News Aggregators and Economic Calendars - Energy EXCH - FinancialJuice The Bottom Line Trading natural gas can be an interesting endeavour with the right strategies and tools. By understanding market dynamics and leveraging advanced platforms, traders can navigate this volatile market effectively. Open an FXOpen account to access a robust trading platform and start trading natural gas CFDs today, maximising your trading potential with professional tools and support. FAQs Where Can I Trade Natural Gas? You can trade natural gas through brokers that offer CFDs, such as FXOpen. These platforms allow you to speculate on live prices without owning the physical commodity. FXOpen provides a natural gas trading platform via TickTrader, known for its user-friendly interface and access to a wide range of trading tools and resources. How to Trade Natural Gas? Trading natural gas can be done through various methods, including CFDs, futures, options, and ETFs. CFDs are most popular for retail traders due to their lower capital requirements and leverage options. How to Buy Natural Gas Futures? To buy natural gas futures, you need to open an account with a broker that offers futures trading, such as CME Group. After funding your account, you can trade futures contracts, which are standardised agreements to buy or sell natural gas at a specific price on a future date. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen99315
Natural Gas Wave Analysis 20 November 2024 - Natural gas broke the multi-month resistance level 3.150 - Likely to rise to resistance level 3.750 Natural gas continues to rise strongly after the earlier breakout of the key multi-month resistance level 3.150, reversing the price from May. The breakout of the resistance level 3.150 accelerated the active impulse waves 3 and (3) – both of which belong to the long-term upward impulse wave 3 from August. Given the clear daily uptrend, natural gas can be expected to rise to the next resistance level 3.750, which is the target price for the completion of the active wave (3). Longby FxProGlobal3