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Oil and Natural Gas

  • #3,321
  • Oct 17, 2019 11:54pm Oct 17, 2019 11:54pm
#NGAS / Daily & H4
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  • #3,322
  • Nov 3, 2019 9:12am Nov 3, 2019 9:12am
NGAS / H4
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  • #3,323
  • Nov 5, 2019 11:36am Nov 5, 2019 11:36am
Here is a question that I always ask myself in the energy markets when looking at WTI and Nat Gas: If you have to buy one and short one which would be which?

The answer to that question can lead me to many things - take one long position, take one short position, take one long AND one short position or stay out of the market entirely. One thing I will not do however is take two longs or two shorts. I am not interested in that kind of exposure.

So today I found myself wondering which was which?

Nat Gas is currently coming back from under the floorboards and quickly
Weekly
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While WTI is headed up but firmly in the center of its designated range
Daily
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  • #3,324
  • Feb 6, 2020 2:21am Feb 6, 2020 2:21am
#NGAS / Weekly
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  • #3,325
  • Feb 6, 2020 3:06pm Feb 6, 2020 3:06pm
Guys, if seasonality is to be "believed", there might be infliction point for NGAS in about 1-2weeks, right? Would appear BUY from there, what do you think?
Can you afford to take that chance?
  • #3,326
  • Feb 12, 2020 2:05pm Feb 12, 2020 2:05pm
Quoting auricforecas
Guys, if seasonality is to be "believed", there might be infliction point for NGAS in about 1-2weeks, right? Would appear BUY from there, what do you think?
This is very logical thinking, but we are already well into winter and it's been very warm in the US compared to other winters. Demand relies on the cold winter that seems like it's not going to come this year. Even though I don't see prices going up, I do not believe shorting Natural Gas is a good idea in the winter months.
  • #3,327
  • Feb 12, 2020 4:08pm Feb 12, 2020 4:08pm
Quoting vpn
{quote} This is very logical thinking, but we are already well into winter and it's been very warm in the US compared to other winters. Demand relies on the cold winter that seems like it's not going to come this year. Even though I don't see prices going up, I do not believe shorting Natural Gas is a good idea in the winter months.
I'm with you on not getting short NG during winter... And winter goes until late March so there's still time.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #3,328
  • Mar 24, 2020 1:12am Mar 24, 2020 1:12am
#NGAS / Weekly
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  • #3,329
  • Jun 23, 2020 4:41pm Jun 23, 2020 4:41pm
Does anyone know why WTI has a lot size of 100 Bbl with a tick value of $1 while USOil has a lot size of 1,000 Bbl with a tick value of $10? Or is this broker dependent?
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  • #3,330
  • Jul 5, 2020 1:51pm Jul 5, 2020 1:51pm
July expectation, bullish or bearish? Mine is bearish.
  • #3,331
  • Jul 5, 2020 2:45pm Jul 5, 2020 2:45pm
Quoting mihrutkanik
July expectation, bullish or bearish? Mine is bearish.
Same here since travel will not pick up anywhere soon.
  • #3,332
  • Aug 6, 2020 4:07pm Aug 6, 2020 4:07pm
Is there anyone trading Natural Gas as it can be quite profitable?
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  • #3,333
  • Aug 7, 2020 4:32pm Aug 7, 2020 4:32pm
NG went up by 9¢ today but this is significant since each tick is worth $100.
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  • #3,334
  • Aug 10, 2020 4:35pm Aug 10, 2020 4:35pm
NG went down by 8¢ today erasing Friday's rise.
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  • #3,335
  • Aug 11, 2020 4:40pm Aug 11, 2020 4:40pm
NG gained 1¢ today but as you can see on the chart NG is in a consolidation mode since the last 5 trading days.
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  • #3,336
  • Aug 12, 2020 4:17pm Aug 12, 2020 4:17pm
NG is still in a consolidation mode finish the day at the same price as yesterday's.
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  • #3,337
  • Aug 14, 2020 4:25pm Aug 14, 2020 4:25pm
NG finally got out of its consolidation range today going up by 20¢ or 9%.
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  • #3,338
  • Aug 17, 2020 4:12pm Aug 17, 2020 4:12pm
NG went up by 1¢ probably starting a new consolidation period.
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  • #3,339
  • Aug 18, 2020 4:14pm Aug 18, 2020 4:14pm
NG went up by 7¢ so I was wrong thinking that it was starting a new consolidation period.
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  • #3,340
  • Aug 19, 2020 10:25am Aug 19, 2020 10:25am
Quoting helgastrxd
Here is a question that I always ask myself in the energy markets when looking at WTI and Nat Gas: If you have to buy one and short one which would be which? The answer to that question can lead me to many things - take one long position, take one short position, take one long AND one short position or stay out of the market entirely. One thing I will not do however is take two longs or two shorts. I am not interested in that kind of exposure. So today I found myself wondering which was which? Nat Gas is currently coming back from under the floorboards...
Short wti, long natgas is my play since the past 1 months and half or so
Wti barely moved, gas moved up

I expect both to move more, maybe gas above 3 dollars, and oil around 35 dollars
COT: The precious data ignored
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