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Natural Gas Futures - Jan 25 (NGc7)

CME
Currency in USD
Disclaimer
4.08
+0.06(+1.59%)
Delayed Data

Natural Gas Futures Discussions

Pretty sure power companies and foreign buyers bought their summer supply of LNG and NG when it was under $2 March, April, and May. Look at US spot prices from yesterday. https://www.eia.gov/todayinenergy/prices.php
Wait to short !! Keep your longs !! Stay covered with hige margin to protect your positions !! Today need a strong margin to stay safely covered
can the admin ..make my block button work again please ..i cant read anymore of the nonsense these people chat on here ..thank you
3.13 $ / 3.16 $ profit taking price for bulls !! Followed by 100 pips dump !!
From july will start a 30 day withdrawal from storage !! Many days dayli NG production will be lower than dayli consumption+export
Yesterday lower 48 production was lowering again at 97 BCF , LNG export above 13 BCF and powerburn at 38 BCF
It seems EU and UK are scared to pump today from the huge burns they got yesterday
They will buy soon !! Yesterday dump was for the USA home market !! LNG is pumping today as well
Its strong buy on all time frame now wait for shorts until hourly changes to sell atleast dont short blindly 3.220 it may try to achieve
Today again super bullish , it sems it will not break even 3.015
I was wrong not thinking about geopolitical factors taking pkace in the last few weeks !! NG could soon find summer bottom well above 2.8 $
lf my hipotesyss work , till end of august high volatility with 10 to 15% up and dawn taking pkace daytime is in the plan of market makers !! stay tuned to events and don't think with old rules!! the rules of the game with NG change quickly
Yesterday mcx overnight put holders are having deep cut .. today if not booked yesterday
Consolidation going on ! Make or break level
Something is accumulating…
Fears = rumors and rumors are bullish
If very hot summer get confirmed and some fears of shortage among European operators , due to NG embargo from russia , a spike of price well above 4.0 $ with the high near 5.0 $ It's more than a hypothesis !! DON’T SHORT YET !!
Yes !! USA dump and EU pump !! It was the same during late spring early summer 2022 !! with similar dynamics but more contained extremes they could relive a similar vooatility!! with prices still below $4.50 !!
Rising- target -$3.09
EU opens and this could get lively now. GL
GL-means Good Longs?
Europe pump US dump ?
today, US will also pump. 3.18 for sure
Rising again?
At every 1% up from here will close further 15% of my longs !! Inceasing stop loss level !! Now stop loss with my longs is 2.966 $
Nevertheless I’m a carefull trader and I starred to book some profit closing 20% of longs opened below 2.89 $ and 2.885 $
Will destroy remainig bears that start to short too early and will trap huge bulls dreaming 3.3 and 3.5 $
The next dump should take place above 3.177 $ or arround + 6% !!
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