Posted by cape_rover on 4th of Dec 2017 at 05:46 am
Thanks for combining the news letters. The two seperate
news letters takes too much time to get thru for me.
I don’t know about others but I would suggest you add UNG back
to the charts consistently rather than just the Natural gas
commodity. UNG moves well in the winter season for
decent quick trades..
UNG does not track natural gas prices particularly well over
time(large degradation over time) so it's best viewed as a
shorter term trading instrument only. We prefer to show the
true action of the underlying commodity first and foremost but you
can surely take viable setups from the Natural Gas chart
(especially the future charts) and devise a strategy to trade UNG
or another ETF for shorter time frames
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Thanks for combining the news
Here's the Weekend Newsletter, once again I'm combining the commodities ...
Posted by cape_rover on 4th of Dec 2017 at 05:46 am
Thanks for combining the news letters. The two seperate news letters takes too much time to get thru for me.
I don’t know about others but I would suggest you add UNG back to the charts consistently rather than just the Natural gas commodity. UNG moves well in the winter season for decent quick trades..
UNG does not track natural
Posted by steve on 4th of Dec 2017 at 07:48 am
UNG does not track natural gas prices particularly well over time(large degradation over time) so it's best viewed as a shorter term trading instrument only. We prefer to show the true action of the underlying commodity first and foremost but you can surely take viable setups from the Natural Gas chart (especially the future charts) and devise a strategy to trade UNG or another ETF for shorter time frames