Bobby's homework assignment 12.9.22 pt112. 9. 22 Bobby's homework assignment PART 1: Working with range boxes to get the information that we need from them. Making some distinctions between range boxes and other tools such as extensions.19:52by ScottBogatin8
Dec 9,22-NG-Didn't go as low as is shouldSo how many of you missed getting in on the long trade this week? I DID!! Piss me off - I was expecting price to get to the late Oct low of around 5 - I actually had my Buy order in at 5 and as we all know, it never got that low. So I was without a trade this week. Now it's back up to 6 so I missed an 800 pt profit - oh well - at least I didn't lose any money :-) We will have to see next week where price goes...good chance it might keep going up - colder weather, the War etc. Even though Oil is tanking - who knows, maybe Oil will recover next week. Anyway, I digress... I hope everyone has an awesome Holiday Season. I have 2 weeks off work so I know I will have an awesome time!! :-) Tons of food - tons of people - tons of visits to an from my home. Time to reconnect with everyone and have some bloody fun! Take care and stay safe. HeikoLongby HEIKOTradingSystem10
Natural GasExpanding Triangle Possibility in Natural Gas - Mostly occurs at the end of a bull market.Longby Shivam_GabaUpdated 225
THAT MILLION DOLARS TRADE ON GAS PRICESGas prices (at least in USA , at least at NYMEX) are going to drop despite all fundamentals that are there for an increase short or long term . Taking an look at the action from 2020 here considering it to be a broader correction of the previous downtrend . Zooming in i am showing you a microscopic level of price action and you can use this wisdom for a tight Stop Loss , BIG LEVERAGE and a very far away target that will be reached in a matter of days .Short08:58by kerpiciwuasile332
high probabilityhello traders and suppliers we have a strong probability of getting long or buying physique natural gas Longby volumematter225
Natural Gas: Prices Could Plummet in DecemberEU and US futures remain stable, guided by the serene climate of the Chinese markets, where the launch of new support measures in China and other measures concerning the management of the pandemic could be announced shortly. This week the macro agenda revolves around Dec. 8 and 9 with the speech of the president of the ECB and with the US annual PPI, very important for confirming the ongoing decline in inflation. Nasdaq 100 Futures, S&P 500 Futures, DAX, FTSE MIB, IBEX 35: The rebound has almost exhausted its strength with the Christmas rally anticipated by the markets by a couple of weeks. In the short term, I am optimistic that the higher-than-expected drop in inflation in Europe and the US will give further impetus to the markets thanks to the easing of restrictive central bank policies. We saw last week what a boost any indication of easing the restrictive policy could give the markets. We properly exploited the situation with an excellent Buy operation on the Nasdaq 100 index near the market lows, a position still open. From 2023 things will change, and I advise you not to miss the next articles to keep up to date. Natural gas: Natural gas is in free fall as expected. The recent rebound was caused by the wave of intense cold across the US, which brought the demand for heating to a high level. The cold weather immediately vanished, with temperatures now expected to be higher than the seasonal average for December. In the long run, the situation is interesting. Europe will need even more LNG to replace Russian volumes next summer as the continent reloads storage. Chinese demand recovers from lockdowns and offsets lower imports from other Asian buyers. In the short term, the situation is pessimistic. In addition, the reopening of various export plants that have been offline for some time is creating an excess in domestic supply, which is also negative for prices. I will not buy gas at these prices for the reasons mentioned. I will evaluate a long entry only in the $ 4.50 area, which I expect will be tested in December. Crude oil: We are before a setback for oil. Although not penalizing Russia, the price cap could lead to an increase in demand for American oil, which is very positive for prices. Furthermore, the Chinese oil demand, held back by Covid, will pick up in 2023, and Opec is ready to intervene with a production cut to support prices in the event of a new collapse. However, I remain positive in the long term with a target of $90, and I am ready to re-enter after closing an excellent buy operation in profit.Shortby Antonio_Ferlito3
SHORT NATURAL GAS Same Narrative as WTI, Sell the YTD winners, Buy Losers NG has been a high performing asset this year, a potential ease in RUS-UKR resolution could bring price lower, also the technical indicators are all pointing towards further negative trend. Moving Average (ST, MT and LT) all acting as resistance Momentum indicators not oversold either. Risk Management (based on Dec22 Futures) Live price Entry 5.75 Stop 5.9 Target 5Shortby ArisopeCapitalUpdated 3
island gap??We need prices to stop falling out of bed here, and a major recovery and gap filling reversal, opposite of what we saw a couple weeks back. Longby mstankowicz110
Natural Gas: Bears Not Over Yet Nice five waves down and now contra-trend rally on Natural gas. Price moving into Fib resistance @ $7.5-$8 by ew-forecastUpdated 22
Natural Gas DownToday Natural Gas is so far down 7%. I can see that there is a strong support zone just under where we are now but if the price heads lower than that we could see the topping pattern of a head and shoulders form.by MrAndroid2
Natural Gas Naturalgas in day time frame.after long downtrend it is going to reverse trend. The chart i analysis and sharing only for study purpose by santhoshoptionbuyer4
Dec 4,22-NG-How Low Can It Go?In my last post last week, I gave several reasons as to NG declining in price. I said that it would probably get down to 6, maybe lower. It opened tonight in a Gap Down situation and now sits around 5.8 - crazy low. What will it do this week? Good question... I'm thinking it could get as low as 5.2, maybe touching 5 in a low 'rubber band' touch one day this week. Longer term I believe price will go up...problem is you have this thing called a Worldwide Recession hanging over us in the 1st quarter next year. This will keep prices down. You have Winter which will push prices up. And who knows what the War holds. Bottom line...dangerous time to trade. Unless you have a sure bet (which we never do), maybe best to stay on the sidelines and keep your cash :-) Stay safe and trade well. Heikoby HEIKOTradingSystem447
NatGas (ng)...Some calling for $3 in 2023!! Not me!NatGas going to $10 was one of the...wait for it.....'safest bets' that analysts were calling for just a few months ago. Europe's energy crisis ignited fears of a global contagion that all but ensured that all forms of energy would soar. So what went wrong? Wise ng companies used every opportunity to buy ng and add to storage ahead of the start of winter. Mother Nature accommodated with a very mild US fall season, and so far, an even milder early intro to winter. The already under-developed export facilities for LNG joined the party by, sadly, seeing one of its facilities explode and go offline until repairs are complete. And China's ongoing lockdown has bolstered the 'demand destruction' argument for lower everything-prices! So here we are reading (in a Barron's article entitled: The NG Boom Could Bust Before Coming Back) about expectations of $3 ng pxes in '23!!! I might be alone on this one, but I'll take the other side of that one! We're just one or two arctic blasts away from that $3 target being revised back up to $8 or $9!! A deeper dive into the weeds might alarm some folks as to how much ng development is likely to go on in the face of a regulation-heavy Administration, limited infrastructure to transport nationally and higher (and likely getting even higher) cost of capital. Part of me hopes the $3 target is, at least, approached, because it will make later dated call options struck at $7 or $8 real cheap to load up on! (NOT ADVICE! JUST FOOD FOR THOUGHT AND DISCUSSION!)by trader_investr6
Support and resistance Back testing running well followed rule regulations on same time earn rewards by arhemynnus0
Stop and reverse Trading Part 111. 29. 22 Stop and reverse trading: Part 1. Because of my eyesight and physical disabilities, it is exceedingly difficult for me to fill in this section. Either I talk or I walk.19:16by ScottBogatin6
Mcx Natural gas Mcx Natural gas today mager levels update I will the levels in chart by rockvellore550
Support and resistance I work under small risk and big profit with help of support and resistance. Make sure take risk accordingly by arhemynnus1
Mcx Natural gas chart update Hai friends today Natural gas hit sell target . Wait to conform to buy Longby rockvellore440
Mcx Natural gas Mcx Natural gas Monday leaves I given chart today market major leaves Longby rockvellore550
Nov 27,22-NG Neutral this week?As you can see from the Daily Chart, price action is at the outside of the Linear Regression so it's possible this week price action could drop...maybe under 6. 1 - late last week both European AND UK NG price dropped 2 - Weather is looking steady, certainly on the cooler side, but still no snow really in the forcast for basically all of the U.S. 3 - China is in lockdown to the point that the world is now fearing a slowdown at the least - most of the world is thinking China will push the world into a recession as early as Jan, where price would certainly drop for NG 4 - Fractal from last week on the Daily so price will probably drop some. If price acion does NOT go up past 7.6 this week then there will be a fractal on the weekly chart also for next Sun. So will price drop this week?? Or just stay around Neutral?? No idea. Will probably go down some, at least that's what I'm thinking. So I have no idea how to trade this week so I'm on the sidelines till I can figure something out. Heikoby HEIKOTradingSystemUpdated 131311
Another NG model based on fractalsThere's positive scenario with possible fractal super cycle new round. Dotted line - another model alike 1995 cycle. by Njusick2
Financial Wave. NGA difficult situation has developed in NG. Inventory and supply issues pushed the price to record levels. Our preferable scenario is to rally up NG to $12.78, falling below $4.77 will change our view on NG.Longby Financial_Wave115
Bobby's homework 11. 26. 22Extensions for ABCD patterns; Fibonacci retracements; We looked at Microsoft and Natural Gas20:00by ScottBogatin7