persistence and determination alone are omnipotent
- #442
- Jun 25, 2020 10:00am Jun 25, 2020 10:00am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #443
- Jun 25, 2020 10:14am Jun 25, 2020 10:14am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #444
- Jun 25, 2020 10:18am Jun 25, 2020 10:18am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} Cooler weather, disappointing inventory numbers and some cancellations on LNG cargo did the trick imho. Watching H4 for possible entries
Looking for big bounce once the dust settles on h4
COT: The precious data ignored
- #445
- Edited 4:02pm Jun 25, 2020 11:15am | Edited 4:02pm
- Joined May 2019 | Status: iTrade | 1,842 Posts
It's really unbelievable. Recent reports estimated about 30% of US NatGas companies to file for bankruptcy. It might be more if prices continue to drop. I would've thought with higher temperatures and the lockdown would drive demand higher as people stay home. NatGas accounts for about 25% of residential energy consumption. Every week I find myself asking how much lower can it go.
Daily 
Hourly. It just fell off a cliff today. 
Daily
Hourly. It just fell off a cliff today.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
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- #446
- Jun 26, 2020 5:38am Jun 26, 2020 5:38am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
Not much of a recovery yet on H4. Movement took place with heavy volume.
Still looking for entries but holding it over the weekend is another story and risking a gap down
Still looking for entries but holding it over the weekend is another story and risking a gap down
persistence and determination alone are omnipotent
- #447
- Edited 7:22am Jun 26, 2020 7:01am | Edited 7:22am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Watching for this area of big volume
If we can clear the upside, all sellers will be gone, else we may face big sellers here again
time will tell
If we can clear the upside, all sellers will be gone, else we may face big sellers here again
time will tell
COT: The precious data ignored
- #448
- Jun 27, 2020 2:21pm Jun 27, 2020 2:21pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Patience patience for the rise...
Daily
H4 (other datas)
Daily
H4 (other datas)
COT: The precious data ignored
- #449
- Jun 29, 2020 8:30am Jun 29, 2020 8:30am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Patience patience for the rise... Daily {image} H4 (other datas) {image}
Are nat gas shorts gonna get killed?
MM are still too short at the bottom, not a smart move
COT: The precious data ignored
- #450
- Jun 30, 2020 6:27am Jun 30, 2020 6:27am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Price is about to break hard?
COT: The precious data ignored
- #452
- Jul 6, 2020 5:29am Jul 6, 2020 5:29am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #453
- Jul 12, 2020 7:09am Jul 12, 2020 7:09am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
So far, all is bullish, following daily/weekly most likely, implies a move towards 1,95 (daily) and 2,3 (weekly) before some selling setups occur (to my system)
COT: The precious data ignored
- #454
- Jul 16, 2020 9:56am Jul 16, 2020 9:56am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #455
- Jul 25, 2020 11:05am Jul 25, 2020 11:05am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Long gas/short oil trade idea is being stronger {image}
COT: The precious data ignored
- #456
- Aug 5, 2020 3:57pm Aug 5, 2020 3:57pm
- Joined May 2019 | Status: iTrade | 1,842 Posts
Since my last update, the tide has turned for Natural Gas. That post was actually at the low (6/25). If I had the timing trading as I did posting! 
It's definitely turned to corner. Warmer US weather has played a part. Also, as crude oil prices rise, Natural gas again becomes a better, cheaper alternative.
Look at the volume on Aug 3rd. That's a really good sign. 
It's definitely turned to corner. Warmer US weather has played a part. Also, as crude oil prices rise, Natural gas again becomes a better, cheaper alternative.
Look at the volume on Aug 3rd. That's a really good sign.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #457
- Aug 8, 2020 3:33am Aug 8, 2020 3:33am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} Spread barely moving...waiting waiting {image}
Spread is still bullish, waiting for more upside
COT: The precious data ignored
- #458
- Aug 14, 2020 11:56am Aug 14, 2020 11:56am
- Joined May 2019 | Status: iTrade | 1,842 Posts
Holy Smokes! Nice rally on a Friday. And look at that volume today. NatGas likely off from lows and heading higher, finally. 
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #459
- Aug 16, 2020 7:39am Aug 16, 2020 7:39am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
As long as producers are NOT short, i'd never short GAS
Plenty of room up until then
Plenty of room up until then
COT: The precious data ignored
- #460
- Aug 18, 2020 1:09pm Aug 18, 2020 1:09pm
- Joined May 2019 | Status: iTrade | 1,842 Posts
Rising oil prices along with an extremely hot US summer is going to keep upward pressure on Natural Gas prices. 
- Dozens of heat records set to be broken this week as Western heat wave continues
- Death Valley soars to 130 degrees, potentially Earth’s highest temperature since at least 1931
It's retracing now but we saw another really strong rally earlier today.
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%