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Natural Gas Friday Close & Monday Open Trading Idea

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  • First Post: Jul 19, 2021 5:35am Jul 19, 2021 5:35am
  •  ots931010
  • | Joined Dec 2018 | Status: Professional Trader | 50 Posts
For a long enough period of time, I think natural gas has been the most 'dynamic' symbol to jump up/down over a weekend. (In average 40-50 pips, 400-500USD/lot)
And so a trading idea just came across my mind.
Which is a lot of you guys may think of also, to open opposite directions, in 2 accounts, with aggressive positions, just before Friday close.

But here are something more important to make it a complete 'trading system',
1. Is there any way that we can gather the most clue to know the direction of Monday open of natural gas price, in weekend. Eg, oil news/NG news or by the release of any data/event.

2. And with the above information, combined with the increasing number of brokers which now allow clients to trade in weekend (in crypto), we can go to the losing side of account (which we believe it is). By trading crypto, which I also found many crypto currencies offers high rebate (eg, for LTCUSD, rebate 16 out of 23.5 spread, we can partially eliminate our losing position of Natural gas into rebate, by intentionally turning the money into rebate). And just let the 'winning-side account' run and close its positions right after Monday open.

Hope someone can give more insight on the 1 question and I would give more opinion and practical technique on the 2nd point.

Dewi
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