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Natural Gas

Oct 19,22-NG down to 5.5-going all in BUYSo price action has continued to fall and I'm leveraged a bit now. I put in another Buy order at 5.5 wondering if tomorrow is the day when price action rebounds because of the storage report. Who knows - it's anyones guess. Price might fall down to 5, I dunno. But if it rebounds tomorrow, I'll be in good shape. Price has continued to fall because of warmer than expected weather across the U.S. throughout Oct and into the beginning of Nov. As soon as that first cold snap comes, I will be sitting pretty to take advantage. Stay safe all. Heiko
NYMEX:NG1!Long
by HEIKOTradingSystem
11
Oct 17,22-NG Put in a Buy Order @ 6So price action has dropped like crazy for NG...I still have my Buy order at 7 so I added another Buy order at 6. I think the lowest price will go will be around 5.5. I will put another Buy Order in at 5.5 if it gets that low, otherwise I will ride the price action back up to infinity and beyond! ok....maybe just to 10 or so. Anyway, stay safe everyone - as you can see, price action is now OUTSIDE the Linerar Regression Indicator so price should be going up any week now. Not to mention the War and the Winter and Euro and Asian NG prices skyrocketing...anyway. Heiko
NYMEX:NG1!Long
by HEIKOTradingSystem
2
NG - The ConsolidationFor the last few weeks, NG has been consolidating as the other financial markets move all over the place. The bearish head & shoulders pattern from June/August may not apply anymore due to the flattening. In previous natural gas declines (like late 2005-early 06) it would decline quickly and sharply after showing this sort of pattern. This does not look anything like that. Even if it were to go down further, it needs to go up to some sort of support (I marked the ~$7.80 on my chart) so that it can regain the lost momentum. It seems to be bouncing off a longer-term trendline, which could be problematic. That being said, it doesn't have to be very volatile and it could quickly reject. I would recommend waiting for it to go to some sort of level and entering short there. My overall bias on this chart & natural gas in general is to the short side. Every time NG has been up to these levels for whatever reason, it goes back down again even if just to $4 or $5. Any sort of breakdown below the trendline could also hold. The winter is coming up, though, and you may have to adjust for a slight bullish bias if you plan to keep holding anything.
NYMEX:NG1!
by roxythetradermage
Taf's Gun to the HeadLooking buy Nat Gas on the backdrop of a strong daily support holding.There is also a potential bullish inverse Head and Shoulders forming. Entry:6.729 Target:7.282 SL:6.503 RR:2.45 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
CAPITALCOM:NATURALGASLong
by Signal_Centre1
Natural Gas: The supply-demand dynamic is at a critical stageDeutsche Bank reported that in a particularly critical phase is the supply-demand dynamics regarding natural gas towards the winter season, which the behavior of households will be decisive in the coming months, as their consumption represents a large percentage of total consumption. A supply failure is likely to be avoided at least as the scenarios confirm that a 20% YoY reduction in consumption this winter (and flat annual demand thereafter) is likely to lead to some shortages either early in 2023 or the winter of 2023/24. The reduction in Germany remains at 40%, while if demand falls by only 10% YoY stocks will not be exhausted even in such a scenario. For certain, fill levels would fall below 10% in late winter 2022/23, but this would not put energy security in doubt until 2024. The European Commission is working on proposals to limit prices. While negotiating with reliable suppliers, for instance, Norway, and strengthening common markets seem to be the Commission’s preferred options, the idea of ​​a (temporary) price cap on imported natural gas is gaining ground. The greater the potential for the implementation of a cap the lower the success of the implementation of the first two measures. Such an implementation could lead to increase supply risks, depending on the design of such an import price cap which would accompany the mandatory demand reduction. From an Elliot wave perspective, we will examine the Natural Gas chart to see its potential move in the short to mid-term. Looking at the weekly chart, natural gas made an impulsive five-wave rally from the lows, which suggests that low is in place and we can expect a bigger recovery. However, in Elliott waves, after every five-wave rise we can expect a slow down in three waves, so we are tracking now an (A)-(B)-(C) correction before the uptrend resumes. First support is around 5.3 level, while second support would be around 3.5 level. All the best! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
NYMEX:NG1!
by ew-forecast
1
NatGas: Athletic 👟💪🎾NatGas has been indulging in athletic activities – quite in accordance with its temperament. Since the end of wave ii in pink, NatGas has been exercising on the stairwalker, has been playing squash in the green trend channel and has been doing some aerobic. Next, it should proceed with trampolining on the blue zone between $5.554 and $4.684 to finish wave iii and iv in pink and then drop onto the pink mattress between $5.156 and $4.455 to complete wave v in pink, which also includes concluding the overarching downwards movement in the course of wave 2 in green. There is a 28% chance, though, that NastGas could skip the blue as well as the pink zone and lift itself directly above the resistance at $8.123.
NYMEX:NG1!
by MarketIntel
6
Oct 9,22-NG Long Still HopingIn looking at the weekly chart, I also added the Linnear Regression Indicator to give me an idea of where price action is...as you can see, it is at the outside so unless price continues to drop, we should expect a price jump. Maybe I was a little early in my prediction, although price action has touched higher than the 7 mark in the last 2 weeks - I am hoping it will actually CLOSE above 7 this week. Time will tell...Happy Thanksgiving to all you Canadians!! Stay safe all. Heiko
NYMEX:NG1!Long
by HEIKOTradingSystem
10
LNG Natural Gas Energy Play LongAMEX:LNG LNG having trended down with the fall in the price of natural gas is now sitting in the support zone. I anticipate an up-trending retracement to potentially as up as the resistance zone. Rising relative volume and rising relative strength lend support to a reversal as does the consolidation in the price of natural gas after a recent fall. As a swing long trade the stop loss is below the support zone with the first target of about $ 160 or a 50% retracement and the final target at $ 167 before resistance.
LLong
by AwesomeAvani
1
NATGAS in a 3rd trend, but may riseHi Everyone!✋🏽 Please watch my analysis of the NATURAL GAS. Thanks, and feel free to comment! ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️ ---------------------------------------------------------------------------- Thanks for reading my analysis!🤘🏽 Remember that trading is a risky business. SIZE your TRADES according to your risk aversion! Please remember to support the idea with a BOOST or COMMENT with your highly appreciated opinion! ----------------------------------------------------------------------------
CAPITALCOM:NATURALGASLong
by TheMarketFlow
NATURAL GAS on a head & shoulder 🦐NATURAL GAS after the bull run is losing momentum. The price on the daily chart is creating a head and shoulder and according to Plancton's strategy if the price will break below the neckline and satisfy the A ACADEMY rules we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:NATGASUSDShort
by InkyGrip
22