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Natural gas - anyone trading?

ok. this year spot 2usd

Quoting greenweech
I am betting against your 2 usd forecast. Will see what happens.
Strong support: need more power by sellers.
Chart daily.
Attached Image (click to enlarge)
Click to Enlarge Name: natgas.gif Size: 19 KB
Again here.
Very strong support....

Attached Image (click to enlarge)
Click to Enlarge Name: natgas.gif Size: 13 KB
Maybe first the nat gas should close the gap that we can see in the starman54 chart and then take a long uptrend.
What do you think, maybe a double bottom?


http://img560.imageshack.us/img560/2328/gas5min.jpg
Explosive Breakout.
We'll see how it will react on the support 4.
Chart daily.
Attached Image (click to enlarge)
Click to Enlarge Name: nat gas.gif Size: 14 KB
Quoting starman45
Explosive Breakout.
We'll see how it will react on the support 4.
Chart daily.
Attachment 635306
i like explosive breakout, only waiting a good doji signal. My concern is that gap that you show in your chart, I dont see it in mine
http://img155.imageshack.us/img155/6...tgassingap.jpg

I only see it in the 30 min chart

http://img19.imageshack.us/img19/9106/gasdaily9feb.jpg
Quoting starman45
Explosive Breakout.
We'll see how it will react on the support 4.
Chart daily.
Attachment 635306

Now, Natgas is on support.
We'll see...
Chart daily.
Attached Image (click to enlarge)
Click to Enlarge Name: nat gas.gif Size: 13 KB
Slight reaction on the support ...
need more power ...
chart daily
Attached Image (click to enlarge)
Click to Enlarge Name: nat gas.gif Size: 13 KB
Again below support.
Chart daily.
Attached Image (click to enlarge)
Click to Enlarge Name: nat gas.gif Size: 13 KB
And now below 3.92.
Downtrend.
Attached Image (click to enlarge)
Click to Enlarge Name: ng2.gif Size: 12 KB
I think that chart looks nice for a small uptrend, maybe 4.20. Lets see if tomorrow's candle shows a small bull trend.
if gives small bounce then is it chance to go positioinal short???
or middleast problem may also afect NG prices???
Shri Ram
WEEKLY CHART. going down in the chanel. with a little luck we see near 2 usd.
Attached Image (click to enlarge)
Click to Enlarge Name: gw.jpg Size: 118 KB
Quoting geocatalinfx
WEEKLY CHART. going down in the chanel. with a little luck we see near 2 usd.
How things are going GEO, I haven't trade NG for a while now as most of other instruments I trade has been behaving lately.

Although the low channel looks fantastic, I am not sure about 2. I am looking on a daily reversal on the current levels to be honest for a daily rejection to retrace to that weekly R you have between 50% and 38.2%....In any case good luck

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
GBP Rates USD Rates
anyone still trading in this NG?
Logics do not apply in FOREX
hallo. i have only small short on NG ,but i am on euro/usd. i saw you on forum. have a nice day man !


Quoting sisse
How things are going GEO, I haven't trade NG for a while now as most of other instruments I trade has been behaving lately.

Although the low channel looks fantastic, I am not sure about 2. I am looking on a daily reversal on the current levels to be honest for a daily rejection to retrace to that weekly R you have between 50% and 38.2%....In any case good luck

sisse
GEO can U please help me in trading Natural Gas....
I want to know the trend and updates of natural gas any helpful websites please advise..

Thank U...
Quoting t76_ahmed
GEO can U please help me in trading Natural Gas....
I want to know the trend and updates of natural gas any helpful websites please advise..

Thank U...


erm, i am not sure if this helps, but from the trend i saw is still VERY BEARISH, but over the long term should be positive, but not sure when, currently i am holding quite a few positions in there (buy).
Logics do not apply in FOREX
Friends!

is it an opportunity go short in NG at this level ($ 4.7-4.8) [213-215 in MCX india] or on small rise???
as US summer season starts near 21 June & heating demand may reduce..

so I'm thinking to go short for a week or more duration for target below
$ 3.9 [192-183 in MCX india] with stop above $ 5.1 [235-238 in MCX india].

What you think guys????????
Shri Ram
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