XNGUSD trade ideas
NATURAL GAS - Why I am Bullish - FULL SETUPWait for the small trend (blue line) to be broken upwards with confirmation of retest and rejection and from there you can enter LONG.
We have interesting news from SAPPORO, which announced today that they will reduce GAS production, but, a big BUT, they mentioned that they will temporarily stop investments in this sector.
On the one hand, this can scare small investors and the price can make a DUMP up to the 1.8 area and from there the accumulation and capitulation necessary to go up, or it can break this trend even on Monday and see the beginning of a BULLMARKET for gas.
Personally, I think we will see an increase.
But I have a BUY order at 1.80 ready so as not to miss the opportunity.
NATGAS On The Rise! BUY!
My dear subscribers ,
NATGAS looks like it will make a good move, and here are the details:
The price is coiling around a solid key level - 2.047
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Goal - 2.206
Recommended Stop Loss - 1.960
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Natural gas - bottom callers will be dead before risingMajority of traders are loading up on their AMEX:BOIL longs and natural gas futures long positions.
This is why SSL will be grabbed first between $1.5 to $1.7 before price can increase.
natgas - target 1,8Similar pattern.
Short view for the end of this week. I am waiting for 1,8 to buy natgas again.
Natural gas - bottom is not in yetIf you see the majority of traders saying that the bottom for natural gas is in, then you should be sure that it isn't.
I predict that natural gas will take out these equal lows at 1.91 and we will see 1.784 soon.
The uptrend will start when no one will be talking about it.
Unfortunately, the majority of traders are in long positions and due to market liquidity, these traders need to be taken out before the market makers and institutions will buy it up again.
Understanding NATGAS MarketsHey Traders,
Loads of traders keep asking me privately and on my streams about this asset.
The reason why people are interested in it is purely because they want the thrill and the chase. You can see the start of the enormous explosion came because of news sentiment and shortages of gas due to the ongoing war. That means the price goes up due to demand and diminished supply. However, naturally, with any market that ends and you get an enormous fall much like you saw with the USDJPY and other assets like gold.
After large moves up comes large moves down. And in future, again, large moves up. But the question of 'When' is what makes people excited. If you are Trading due to excitement, stop. It will crush you.
You need to take logical decision based on the value of the asset and continuous gains. If you are trying to buy so you can catch an ultimate rise despite market sentiment you are trading for excitement, because you don't know when sentiment will be extreme enough to get sufficient gains on a move up. The price, technically, is low like it was before and somewhat constitutes only light entries to the long side with early exits based on previous minor PA.
But do not trade this for a 'big win'. Trade assets with tonnes of price data that is concrete. Mostly NATGAS flies when there is some sort of crisis which are not all too frequent (see 2000, 2008).
Trade safe and Trade small. Do not load in there is STILL a chance you can go further.
LONG NATURAL GAS - TAKE PROFIT 2,310LONG TRADE ON NATURAL GAS / 15min Time Frame
The trade will be aviabale just now...
#NATURALGASNATURALGAS INVESTORS are buying the dip . i think the green PF will describe market movements for next 2 months
NATURAL GAS: 11th April 2023: Gas on FIRE !!NG..
Can be a rocket above the B level marked as per ABCD pattern.
Good Risk Reward from here.
Fighters lets bring out the swords and be ready for this fire rally {with strict SL as marked at point B :)}
Cheers!
Knight Kumar
NatGas LongNaturalGas strong bullish signal on H4 chart. There was a consolidation 2.10-2.25 levels, according the last move 2.25 level become a new support zone and this is quite a strong signal to buy...
Natgas - as oversold as you get. LongNatgas is mega oversold at the moment
Seasonality is usually good in april
Look to go long hereon. Either manage risk with SL or puts
risk reward is good hereon
XNGUSD ready to reverse recent downtrend LONGOn the daily chart here XNGUSD had a head and shoulders or double top last summer and fall
and has now trended down to support. I see this as a prime place to take a long position.
The decline of the overvalued USD contributes to this idea as does the persistent demand in Europe
for compressed / liquid NG and the ongoing war there that could eventually grind into WWIII.
ETFs such as BOIL , UNG and UNL may be a good way to make this trade if not in the forex market.
Rounding Natural gas on D time frameWe are retesting the Daily timeframe, im still in trade. close below, and im out