Henry Hub Natural Gas Futures (Dec 2017) discussion
NGZ2024 Quite an impulse a week makes….
Outside reversal, subsequent follow thru with consistent closes higher than the open. See lower time frames for lower risk entries and exits.
Bias shift 1.2102/1 Buyers
NGZ2024 3HH pullback trade variant, See lower time frames.
1.433/1 Sellers
NGZ2024 2HH and an inside day pullback trade variant. Bias narrows 1.646/1 Sellers. See lower time frames.
NATURALGAS1! sale on rise of every 5-8 points rise with small slNGZ2024 Buying since the Sunday night open noting the sentiment change in the lower time frames. Outside reversal, subsequent follow thru. (0.786 ; ) 0.786).Narrows the Bias from excessive to 2.79/1 Sellers.
Square Me a River….
QG1! Shorting 2.31 to target 2.20NGZ2024 Trade continuation.5.77/1 sellers (excessive)
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NATURALGAS2! ng buy at 233 target 253NATURALGAS1! bounce expected from 196 near, Oversold, Inventory data support, demand rises in cold weather, we wait for confirmation after 200 level holdNGZ2024 Key reversal bar doesn’t trigger hence trade continuation from bar midpoint.“It is always about the middle. Glass half full, I’ll take half you take half, we are half way there, etc…”
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