Natural Gas (XNGUSD) forum
NATGAS The weather forecast in the US is absolutely laughable. The weather forecast probably brings the shamans there. Unbelievable what they can lie and then change it
NATURALGAS Hey guys, I’m trading NG with ETFs HNU.TO it is going to Split 1:12
Should I hold or sell?
Any suggestions would be helpful
NATURALGAS Start adding longs
NATGASUSD nice short trade for me.I'm out now.. let's see where we go from here
NATGAS Production has picked up a lot today, sitting at 104bcf. The highest in about 9 months.
That said, exports are now also the highest in 10 months at 14.6bcf.
We've move almost 40% in 5 days. We're well overdue for consolidation / a decent pullback. I wouldn't be surprised if we revisited $3.
The forecast EIA injection for December are continuously being revised down (bullishly)
1st week forecast -175bcf, 5 year average is -71bcf.
2nd week -180bcf, 5 year average is -92bcf
Subject to change.
It'll be interesting to see if the producers shut this rally down over the weekend by beginning to overproduce again, or if this is a temporary production spike.
It's not enough right now to crush this rally, but it's enough to give everyone a reason to take profit before the weekend.
NATGAS Red Day or Green Day?
NATURALGAS just like I expected lol 🔴📉
NATGAS Finally... the correction we are all waiting for.. Robpoll you in today or you will wait til next Monday?NATURALGAS We buy near market close