✅NATGAS TIME TO BUY|LONG🚀 ✅NATGAS broke the falling resistance So after the pullback and retest A move up is to be expected To retest the level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx6612
✅NATGAS RISKY LONG🚀 ✅NATGAS has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx449
NG - potential buy zoneNG - potential buy zone is 5.85 - 5.7 SL 5.6 Closing basis 2 hrLongby yossarian121Updated 0
Natural Gas downside viewNatural Gas is showing downside movement on 15 min TF. It is showing levels upto 483 < 475. Must remain short unless it doesn't give a strong bullish momentum. It can go beyond these levels too.Shortby niftybankniftyrockerz110
Nov 9,22-NG-Get ready to go long folksNG has dropped a hell of a lot this week already, not sure how much more it can drop. I'm looking at Friday to get into a Long trade...if not then Sun night or Mon morning next week. Why? COLD WEATHER!! It's coming...damn cold weather across the U.S. Friday starts cold weather here in Toronto...in Alberta we already have snow on the ground. And next week in the U.S. it's gonna start getting quite cold, at least for U.S. standards. So I'm thinking price action will probably go back up. I still have my Buy Order at 7 waiting for some profits. I will put in an order maybe at 6, but I'm hoping to get in at 5.7 on a dip in price, sometime before the end of this week. Stay safe all. HeikoLongby HEIKOTradingSystem9910
natty after making low highsi deffinitely will bet on the most simplest way. not much to coment here.Longby AkaOilCartel6
Nov 7,22-NG Winner Again-1000 pt profitWhat a beautiful open last night for NG - It had a massive Gap Up where in my last post to you I said I was looking for another 700 pt profit closing at 6.7. Because of the Gap Up I was able to close my Buy Order at 7. Buy at 6 and close at 7 is a 1000 point profit - NICE :-) Last up is my first Buy Order from about a month ago at 7. I'm looking again for a 700 pt profit, but depending what price action is looking like I might close it out at 7.5, we shall see. Anyway, 3 for 3 on some decent profits over the last few weeks - congrats to all who have been following my trades. Stay safe and take care. HeikoLongby HEIKOTradingSystem2210
Natural Gas11. 7. 22 This is a follow-up to the last video on natural gas, this only takes a few minutes.05:29by ScottBogatin226
QG1!QG1! Natural gas gapped HigherToday. I decided to talk about the advantages and disadvantages of being a buyer and the seller>>> and how the to think about the realistic Stop and Target. If you are already in the trade and you entered at a significantly lower price, you can treat this with more options. For example, I could take an opening price trade to go long system market is trading above it's open, and the gap Higher. If the market closes the opening price later today, I might consider Scaling in one more contract if I was long from a lower price last week and was still holding that contract. If I was watching this market, but I did not have a position, right now it would be very difficult to enter the market right now...Unless I thought the market was very bullish, I was going to move aggressively higher from this point.... and I don't think that's necessarily true at all right now 20:00by ScottBogatin5
✅NATGAS BREAKOUT|LONG🚀 ✅NATGAS broke the key structure level While trading in an local uptrend Which makes me bullish And I think that after the retest of the broken level is complete A rebound and bullish continuation will follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx335
NATGAS Looks Bullish! Buy! Hello,Traders! NATGAS was trading below A key horizontal level but now We are seeing a bullish breakout So I am bullish biased locally And I think that after the retest We will see more growth Buy! Like, comment and subscribe to boost your trading! See other ideas below too!Longby TopTradingSignals7712
Symmetrical TriangleNeutral until broken with a trend in that direction. Some would measure the wide end of the triangle and project it from the point of the break out. No recommendation/I guess this could break to the downside since it is neutral. I did not even think of that until just now. If it breaks down, I will update targets.by lauralea224
Nat Gas ShortHead and Shoulders short breakout. 3.3 risk ratio. Would be nice for humanity if gas prices drop. More than a trade, a potential economic indicator.Shortby Advanced_AnalystUpdated 6
QG1!QG1! Natural Gas has traded off the bottom and retested the gap lower, and now it is Raging in a fairly small range. I believe it is going higher. The entry with not an easy entry because the market close at a support, and then gap hire the next day, so it would be very difficult to trade precisely at the bottom support. I thought I would on this because this market what is a bullish market, and when it me tested the 382 level, I would have looked for a long trade. There would have been the chance to get in without too much difficulty, but the market only moved higher for three narrow range bars and then It reversed.... which is a sign that it would go lower.13:12by ScottBogatin6
NGThe possibility of increasing the price of natural gas up to the desired range where the corrective movement of time is higher is very high.Longby DrGhanizadeh3
✅NATGAS SHORT FROM RESISTANCE🔥 ✅NATGAS is going up now But a strong resistance cluster level is ahead Thus I am expecting a pullback And a move down towards the target SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx7710
NGRejecting 4 hr supply. Trying some KOLD here for a move back to that daily demand zone.Shortby Essendy0
Pessimistic picture of natural gasThis scenario is under the assumption that we keep downtrend in natural gas irresistible manner. There is also the alternative with breaking up to 8, but in downtrends we always expect breaking up and mostly always going down and down. On normal scale we broke a little trend line, on logarithmic - not.by Njusick0
NATGAS Short From Resistance! Sell! Hello,Traders! NATGAS made its way up Towards the horizontal resistance So I think it is locally overbought And I will be expecting a pullback And a move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!Shortby TopTradingSignals8813
Oct 31,22-NG Working on more 700 pt profitsNG is going back up my friends - as you saw last week I profited from 2 of my 4 trades at 700pts each - NICE! This week I'm hoping for price to close out above 7. My trade at 6 I'm looking for taking my profits at 6.7 for another 700 pt profit. Then I will only have my last original Buy Order at 7. Stay safe and have a great week. HeikoLongby HEIKOTradingSystem5
The Bogeyman in Futures TradingNYMEX: Dutch Natural Gas ( NYMEX:TTF1! ), Henry Hub Natural Gas ( NYMEX:NG1! ) and WTI Crude Oil ( NYMEX:CL1! ) Amid a deep energy crisis faced by Europe, Dutch natural gas futures hit a new record of €350 per megawatt hour in August. Governments across the European Union adopted new rules to reduce electricity usage. In just two months, with a dramatic turn of events, natural gas prices in both Europe and the U.S. dipped below zero last week. TTF Next Hour Contract, which reflects real-time European market conditions, fell to -€15.78 on Monday, October 24th. The Waha index — a main indicator of natural gas supplies in the Permian Basin in West Texas, dropped to -54¢/mmBtu on the same day. What has made the highly sought-after energy source worthless? Europe: LNG Overflow and Insufficient Storage TTF contracts are for physical delivery of natural gas through the transfer of rights at the Title Transfer Facility (TTF) Virtual Trading Point, operated by Gasunie Transport Services (GTS), the transmission system operator in the Netherlands. Due to sanctions on Russia, European countries have been buying natural gas globally to prepare for peak winter consumption and asked the public to conserve energy. With increase in gas supply and decrease in gas usage, their efforts paid off. The average gas storage level in the EU has reached 93.4% of capacity, and the storage level in Germany has reached 97.5%. In addition to near-full storage levels, many LNG tankers are heading to Europe. According to Marine Traffic, out of the 641 liquefied natural gas (LNG) carriers in operation worldwide, sixty are already in the north-west Europe, the Mediterranean Sea, and the Iberian Peninsula. Many LNG ships sit idly outside of ports because they cannot be unloaded. Clarksons Securities estimated that the voyage cost of an LNG carrier runs between $276,700 to $313,000 per day. This amounts to $8.3 - $9.4 million a month. In order to stop the bleeding, sellers are so desperate that they would pay someone to take over the shipment. US: Overloaded Pipelines Due to Planned Repairs Waha Index Futures is based upon the mathematical result of subtracting the monthly price published by Inside FERC from the average of the daily prices published by Gas Daily. Permian gas is produced mainly in the form of associated gas, a by-product from crude oil drilling. Crude production from the prolific basin has hit record highs this year, topping 5.4 million barrels per day in October, according to the Energy Information Administration (EIA). Natural gas pipelines in the Permian Basin of West Texas cannot operate normally as they are already fully loaded, and natural gas can only be stockpiled in the Permian Basin. Planned repairs on Kinder Morgan's Gulf Coast Express (GCX) pipeline appear to be the tipping point for the negative prices. Flows on GCX were cut by 38% through October 28th. The constraints forced Permian producers to sell gas at wider discounts to the US benchmark, Henry Hub. Spot prices turned negative on October 24th, meaning sellers have to pay buyers to move the gas. Bogeyman in Physical Delivery Specifications for futures contracts are very specific (hence the name). Exchanges strive to include all possible scenarios in contract design. With respect to the most important features, namely, the grade of the underlying commodity and the methods of trade settlement, no alternations are allowed unless they are specifically spelled out in the Rules Book. Both TTF and Waha reflect spot prices of natural gas physically delivered to the contract-specified locations. These designs worked well at normal times. However, under extreme conditions, sellers could not make delivery due to insufficient storage or overloaded pipelines. Negative pricing is the bogeyman in TTF and Waha. This bizarre phenomenon is a lesser evil for sellers, who have to choose between taking a known loss and potentially bigger exposure with holding unfulfilled financial obligations. How did we get here? In recent years, as developed countries are fully committed to combatting global warming, new investments are flowing into renewable energy, and away from traditional fossil fuel such as oil, gas and coal. As a result, gas pipelines and storage facilities are underfunded and lacking maintenance and upgrades. This year’s geopolitical crisis exposed the risk of getting rid of “dirty energy” too soon before clean energy picks up its pace. TTF Next Hour contract serves as a risk management tool for high-frequency gas traders. The benchmark for European natural gas is actually the TTF Calendar Month Futures. It never turned negative and is quoted at €139 on October 28th. The benchmark for US natural gas is not Waha Index, but NYMEX Henry Hub (NG). It peaked at $9.70/MMBtu in August and is trading at $5.625 on October 30th. Remember the Negative Oil Prices? On April 20, 2020, the front-month May 2020 WTI crude contract ( NYMEX:CL1! ) dropped by 306%, or $55.90, for the session, to settle at negative $37.63 a barrel on the New York Mercantile Exchange. WTI first came to the market in 1983. It was the most successful futures contract in the history of NYMEX. Each contract calls for physical delivery of 1,000 barrels of crude oil at any storage facility in Cushing, Oklahoma. In the next 30+ years, the exponential growth in WTI trading has outgrown the capacity in Cushing. In April 2020, all storage facilities eligible to take delivery were completely full. Sellers had to pay buyers to take the crude oil shipment off their hands. That was the first time a futures contract closed at a negative value. We could see the same bogeyman at play in TTF and Waha. How to Avoid Getting Caught in Negative Prices Unless you are a commercial trader who could make delivery, take delivery, and store shipment, it is highly risky to hold any open positions (long or short) during a contract expiration month. Futures contracts have two methods of final settlement – physical delivery and cash settlement. All financial futures are cash settled. These include equity indexes, interest rates, foreign exchange, and cryptocurrency futures. Commodities futures, including energy, metals, and agricultural commodities, are a mixed bag. They were all deliverable contracts at the beginning. Newer contracts have adopted cash settlement with the help of cash price index, such as CME Lean Hog Futures. Despite the methods of delivery, be it physical delivery or cash settlement, closing out the positions before expiration month is a prudent strategy. Doing so will also avoid getting caught in the depletion of liquidity. Commodity market liquidity is usually rolled over to the next contract month well before expiration date. Happy trick-or-treating ! *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. CME Real-time Market Data help identify trade set-ups and express my market views. If you have futures in your trading portfolio, check out on CME Group data plans in TradingView that suit your trading needs www.tradingview.com Editors' picksLongby JimHuangChicago1111125
gas get ready for big wave 3 !!!winter is coming ... gas wave 3 is coming ... According to the analysis of Elliott waves, the gas is at the end of the correction waves of its second wave, and soon the third big gas wave will begin.Longby Tahlil_Bonyadi_TSE3
natural gas with 99-01 years superpositionNatural gas has formed structure alike his own model 99-01 years. So i added it with the slightly different time offset. Also we gain big cycle end and the minimum(which in 1.8-2.1 range) by the march-may of 2023 (started in February 16). Maybe i'll add in comments big picture with the cycles overview as i see it.by Njusick112