• Home
  • Forums
  • News
  • Calendar
  • Market
  • Login
  • Join
  • User/Email: Password:
  • 11:01am
Menu
  • Forums
  • News
  • Calendar
  • Market
  • Login
  • Join
  • 11:01am
Sister Sites
  • Metals Mine
  • Crypto Craft
  • Forex Factory

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

What is your weekly return? 580 replies

Free end of day back-adjusted continuous futures charts 0 replies

Best color combinations for charts 57 replies

PC monitors that display more data on charts? 10 replies

OIL/USD charts 120 replies

  • Interactive Trading
  • /
  • Reply to Thread
  • Subscribe
  • 225
Attachments: NatGas weekly charts
Exit Attachments
Tags: NatGas weekly charts
Cancel

NatGas weekly charts

  • Last Post
  •  
  • Page 1 23456 35
  • Page 1 234 35
  •  
  • Post #1
  • Quote
  • First Post: Apr 11, 2010 12:02pm Apr 11, 2010 12:02pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
Hallo ! I try to start new post with natural gas. If anyone is trading natgas is wellcome to share experience. I will attach weekly chart with few lines .
Attached Image (click to enlarge)
Click to Enlarge

Name: natgasw.jpg
Size: 125 KB
  • Post #2
  • Quote
  • Apr 11, 2010 12:04pm Apr 11, 2010 12:04pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
HERE YOU CAN FIND FEW SITES WHERE YOU CAN SEE STUFF ABOUT NATGAS
http://www.firstenercastfinancial.com/
WWW.INO.COM
WWW.FUTURESPROS.COM
 
 
  • Post #3
  • Quote
  • Apr 11, 2010 12:54pm Apr 11, 2010 12:54pm
  •  sisse
  • Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
I agree with most of your levels except that I don't think that 61.8% Fib will hold. At least straight away. My monthly support is at +/- 3.250 area which is not far away but it means that the uptrend will take a little longer to come.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
 
 
  • Post #4
  • Quote
  • Apr 11, 2010 1:03pm Apr 11, 2010 1:03pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
I added more fibo levels to be more clear . which one do you think will holds ?
Attached Image (click to enlarge)
Click to Enlarge

Name: natgaswe.JPG
Size: 146 KB
 
 
  • Post #5
  • Quote
  • Apr 11, 2010 1:12pm Apr 11, 2010 1:12pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
also i want to ask if someone trade on news NATGAS thursday at 5.30 p.m. (romanian time),when is released NATURAL GAS STORAGE.
Attached Image (click to enlarge)
Click to Enlarge

Name: natgas5min.JPG
Size: 161 KB
 
 
  • Post #6
  • Quote
  • Apr 11, 2010 1:23pm Apr 11, 2010 1:23pm
  •  sisse
  • Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Here is my chart

sisse
Attached Image (click to enlarge)
Click to Enlarge

Name: NG.png
Size: 13 KB
Pending conversations? PM for a chat...I am mainly in OTM now
 
 
  • Post #7
  • Quote
  • Apr 11, 2010 2:16pm Apr 11, 2010 2:16pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
so what makes you think will go to 3.250 +/- ? [
Quoting sisse
Disliked
Here is my chart

sisse
Ignored
 
 
  • Post #8
  • Quote
  • Apr 11, 2010 2:56pm Apr 11, 2010 2:56pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
Recovery from 3.81 has possibly completed at 4.334 already. Intraday bias remains mildly on the downside for the moment. Break of 3.81 will confirm down trend resumption towards 3.0 psychological level next. On the upside, above 4.334 will suggest that recovery from 3.81 is still in progress for 38.2% retracement of 5.68 to 3.81 at 4.524. But upside should be limited by trend line resistance (now at 4.874) and bring fall resumption.

In the bigger picture, medium term rebound from 2.409 has completed at 6.108 and the three wave corrective structure of the rebound argues that it's merely a correction, or part of the consolidation in the larger down trend. Current fall from 6.108 might extend further for a retest on 2.409 low next. A break above 5.06 support turned resistance is needed to indicate that fall fro 6.108 is completed. Otherwise, outlook will remain bearish.
 
 
  • Post #9
  • Quote
  • Apr 11, 2010 3:48pm Apr 11, 2010 3:48pm
  •  sisse
  • Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Although I read fundamentals and enjoy macro analysis I don't to trade based only on fundamentals In general the consensus on the fundamental outlook for natural gas is extremely negative. There is 12% excess inventories above the 5 years average and forecasters (not always to trust) are lowering their price expectations for the rest of this year especially because of the lack of demand growth.

In any case, from a technical point of view if you see the monthly chart things are a lot clearer. Price confirmed the Aug/Sep 09 bottom when it broke the may/jun 09 resistance. However in march the rally was quickly stopped when price easily broke (that's key) the Nov/Dec support at +/-4.850. The obvious target (support) was the broken may/jun 09 resistance at +/- 3.850.

Here is when your fib may be right. In theory it should find some buyers there as we saw in the last 2 weeks before last Thursday when serious selling came in. As long as +/- 3.850 price holds there is a chance for the trendline on your fib to be right. However, giving the fundamental outlook and, from a TA perspective, the distance to the next Resistance it seems very unlikely that happens soon.

IMHO, the most probable scenario is test at least the Support +/- 3.375 and especially the +/- 3.250 where REAL buying stepped in and stopped the 1 year huge sell off from the +/-13.7. That will also make a very nice confirmed double bottom and give enough time for fundamentals to support the move up later this year.

sisse
Attached Image (click to enlarge)
Click to Enlarge

Name: NGmonthly.png
Size: 13 KB
Pending conversations? PM for a chat...I am mainly in OTM now
 
 
  • Post #10
  • Quote
  • Apr 11, 2010 4:17pm Apr 11, 2010 4:17pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
Nice move. thanks.

Quoting sisse
Disliked
Although I read fundamentals and enjoy macro analysis I don't to trade based only on fundamentals In general the consensus on the fundamental outlook for natural gas is extremely negative. There is 12% excess inventories above the 5 years average and forecasters (not always to trust) are lowering their price expectations for the rest of this year especially because of the lack of demand growth.

In any case, from a technical point of view if you see the monthly chart things are a lot clearer. Price confirmed the Aug/Sep 09 bottom when it broke...
Ignored
 
 
  • Post #11
  • Quote
  • Apr 11, 2010 11:18pm Apr 11, 2010 11:18pm
  •  Leonlorenzo
  • Joined Aug 2007 | Status: Always trying... | 2,263 Posts
I may be able to offer some natural gas as a very low price, just let me know how to store it, PM me please guys.

(Mum's steaming cabbage and other veg tomorrow for dinner, so get back to me ASAP)
Living the adventure in my head.
 
 
  • Post #12
  • Quote
  • Apr 12, 2010 3:33am Apr 12, 2010 3:33am
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
i might need some
Quoting Leonlorenzo
Disliked
I may be able to offer some natural gas as a very low price, just let me know how to store it, PM me please guys.

(Mum's steaming cabbage and other veg tomorrow for dinner, so get back to me ASAP)
Ignored
 
 
  • Post #13
  • Quote
  • Apr 12, 2010 6:51am Apr 12, 2010 6:51am
  •  Porkpie
  • Joined Mar 2007 | Status: Member | 1,142 Posts
Quoting Leonlorenzo
Disliked
I may be able to offer some natural gas as a very low price, just let me know how to store it, PM me please guys.

(Mum's steaming cabbage and other veg tomorrow for dinner, so get back to me ASAP)
Ignored
Top trading tip. Add boiled eggs to your boiled veg.
 
 
  • Post #14
  • Quote
  • Apr 12, 2010 6:53am Apr 12, 2010 6:53am
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
today seems to be buying day . right now trying to breach R1 at 4.091 .
Attached Image (click to enlarge)
Click to Enlarge

Name: natgash1.JPG
Size: 201 KB
 
 
  • Post #15
  • Quote
  • Apr 12, 2010 7:32am Apr 12, 2010 7:32am
  •  sisse
  • Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
This is my view for the next hours. I will be obviously using a shorter timeframe for pulling the trigger.

sisse
Attached Image (click to enlarge)
Click to Enlarge

Name: QM120410.png
Size: 14 KB
Pending conversations? PM for a chat...I am mainly in OTM now
 
 
  • Post #16
  • Quote
  • Apr 12, 2010 8:16am Apr 12, 2010 8:16am
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
this is also 50 % from the last recover . see h1 chart below
Attached Image (click to enlarge)
Click to Enlarge

Name: natgash1.JPG
Size: 174 KB
 
 
  • Post #17
  • Quote
  • Apr 12, 2010 8:27am Apr 12, 2010 8:27am
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
R2 is 4.133
 
 
  • Post #18
  • Quote
  • Apr 12, 2010 9:16am Apr 12, 2010 9:16am
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
Daily PIVOT IS 4.025
 
 
  • Post #19
  • Quote
  • Edited 5:07pm Apr 12, 2010 10:30am | Edited 5:07pm
  •  sisse
  • Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
I hope you took that long. 1st target out. 0 risk for the rest. Let see what happens next (Reversal Time ... i hope not)

sisse

Edit: All flat now ... reversal hit my stops BE
Edit2: All afternoon chart
Attached Image (click to enlarge)
Click to Enlarge

Name: GNG15m.png
Size: 17 KB
Pending conversations? PM for a chat...I am mainly in OTM now
 
 
  • Post #20
  • Quote
  • Apr 12, 2010 12:53pm Apr 12, 2010 12:53pm
  •  geocatalinfx
  • | Joined Nov 2009 | Status: NONCONVENTIONAL | 656 Posts
i was out for couple hours. sellers are back....
 
 
  • Interactive Trading
  • /
  • NatGas weekly charts
  • Reply to Thread
    • Page 1 23456 35
    • Page 1 234 35
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About EE
  • Mission
  • Products
  • User Guide
  • Blog
  • Contact
EE Products
  • Forums
  • Calendar
  • News
  • Market
EE Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow EE
  • Facebook
  • Twitter

EE Sister Sites:

  • Metals Mine
  • Crypto Craft
  • Forex Factory

Energy EXCH™ is a brand of Fair Economy, Inc.

Terms of Service / ©2023