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TFC Commodity Trading Forum

Re: Nat Gas Spread Postions /Trades\
In Response To: Nat Gas Spread Postions *PIC* ()

Good point Trades , 24 is an important number .

NG is approaching 2400 calendar days 2.400 . using the calendar days and trading days ratio 24 has an odd characteristic .

for example on the 2400 day price squares with time . just to pick a number the day before price could be 1.628 , day of 2400 1.629 and the day after 1.630 . the day after price continues to tick up and doesn't go any lower . of course this is only true if the cycle holds . 2400 days = 1629 trading days . pretty close to that 1.618 number LOL . TWT .