Natural Gas (Henry Hub) forum
NATURALGAS while whole day I cursed myself too book @2.5as of now I am fine..
2.35-2.41
may come
NATGAS everything's all OK, nothing new.Just a pullback after being up 8% this week.
We've seen this trick before.
NATURALGAS before rocket launch can we see retestNATGAS Have a good weekend! Remember, it's not about who's right or wrong, it's about making money without getting f**ked by the institutions.
The way I see it, I'd rather work together respectfully, rather than leave everyone to fend for themselves.
Next weeks EIA report is already looking very very bullish.
October contract rolls over to November on the 26th. Be ready.
NATURALGAS My call is to sell NG....No strength at all for the upside.or atleast hedge your long positions. That red bar at 15 min shows no strengthNATGAS Daily production is at 99.4bcf, which is very low and bullish. Daily usage is about 90bcf. The snow forecasts are strengthening for 1st and 2nd week of October for much of the North and East US.
We're on track for the supply glut to be only 5% by the end of September. Extremely bullish.
The October contract is still only just at $2.4. It's got ages to run in order to catch-up.
I suspect when the contract rolls over on September 25th. We'll see price gap 10% or 15% higher.
I'm still fully long, and expect all pullbacks to get heavily bought.
Winter is coming, and looks to be the coldest the US has seen in a few years.
NATURALGAS Will enter long if it pullbacks to 2.52 levels
NATURALGAS tommorrow hold buying positionNATURALGAS 5% upside on just 9 bcf short seems to be bit over stretched. "my 2 cents"
NATURALGAS steadily higher and maintaining support near the 200 daily ema after retest today, I'm waiting for a healthy retracement from the recent swing high for a buy opportunity possibly next week (Monday-Tuesday). We have sellside liquidity at 2.59-2.66 and a seller volumetric orderblock at 2.71-2.75 which might act as a resistance in the future, and right below us we have a buyer volumetric orderblock at 2.42-2.44 acting as a potential support after a healthy retracement . The area between 50 and 200 daily ema which is currently standing strong will be my likely level of entry if price retraces and bounces up from there with momentum.