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TFC Commodity Trading Forum

Re: Ng ??/Hal/Lee *PIC*
In Response To: Ng ??/Hal ()

Hey Lee, I'm always following NG, lol, as well as most other markets :) The producers were the tip-off, as they started to signal a coming turn over the last several trading sessions. Also had a reliable buy signal come from this forum in recent days ;) So I got heavily long NG near yesterday's close :) Don't know if you took a look at the DAY chart I posted yesterday, but that seems to be just a taste of what's to come...the chinese have a thirst for NG assets in North America...only a matter of time before that demand starts to reflect in the price.

So, a more meaningful change could be in the wind here, perhaps coinciding with bullish seasonals and a potentially record cold winter for North America approaching.

Guess we'll see how it plays out in the coming days/weeks...

Best regards

PS: Here's the 10day chart for NG (January contract)