Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Hey Trades, could you post a weekly natgas cha *PIC*

Hey Ronbo. With the warning signs all over the place for so long now I've just mainly been day trading the SPX double and triple bear ETFs and the double long SPX ETF back and forth and doing fine. Took me many years to realize how important 'not losing money' was and not just focusing on making more money. Nice when you see so many markets tank and still see your account balance rise. It often looks like you are missing a lot of upside in some markets and don't appreciate it until times like this. So all is well in this part of the world overall. Hope it's going well in yours too.

Here is the Weekly chart of NG for about 8 years. Very choppy market that has come down to a very tight range in trading even on the Weekly chart. Watch for the Modified MACD to cross the 0 line on the upside sharply to suggest something significantly higher. So far just choppy price action. Seasonals are fairly strong from mid May to mid June and then a strong selloff historically after that for a month or so. But seasonals haven't been that dependable with this base building NG market.

Messages In This Thread

Re: Hey Trades, could you post a weekly natgas cha *PIC*