UNG - Chart Link - I thought UNG looked
ready for a pop, discussed it last night, but of course it gaps not
allowing you in, you basically had to be in it coming into
today. That's what happens on this stuff from time to
time
burkmere - I actually bought UGAZ last night when I was doing
the newsletter about 6:00, after looking at UNG for the newsletter
I thought, I'm going to add it long but something told me that it
might just gap up, so figured I would pick some up in the after hrs
market. sounds like you were in already, I was hoping it
would not just gap and would give members an opportunity to get in
today, but that's how those things can go
Congrats with UNG burkmere - in this type of environment best to
look for extremes (to buy and fade). Well done and now manage
the trade and don't be surprised by a re-test. Will discuss
tonight.
UNG comments
Posted by matt on 13th of Feb 2018 at 10:59 am
UNG - Chart Link - I thought UNG looked ready for a pop, discussed it last night, but of course it gaps not allowing you in, you basically had to be in it coming into today. That's what happens on this stuff from time to time
UGAZ - Chart Link
UNG...pretty obvious since it tested
Posted by burkmere on 13th of Feb 2018 at 11:29 am
UNG...pretty obvious since it tested the lows...much much more upside to come, imo. I'm heavy long...
burkmere - I actually bought
Posted by matt on 13th of Feb 2018 at 02:17 pm
burkmere - I actually bought UGAZ last night when I was doing the newsletter about 6:00, after looking at UNG for the newsletter I thought, I'm going to add it long but something told me that it might just gap up, so figured I would pick some up in the after hrs market. sounds like you were in already, I was hoping it would not just gap and would give members an opportunity to get in today, but that's how those things can go
Yep...I do personally think it
Posted by burkmere on 13th of Feb 2018 at 03:53 pm
Yep...I do personally think it has a "long" ways to go to the upside yet. Natgas is great to trade, but very volatile.
Don't forget about seasonality and
Posted by pinguin on 14th of Feb 2018 at 07:36 am
Don't forget about seasonality and fundamentals when playing NG. We are in a wicked time of year for the instrument due to weather forecast volatility
Congrats with UNG burkmere -
Posted by steve on 13th of Feb 2018 at 11:34 am
Congrats with UNG burkmere - in this type of environment best to look for extremes (to buy and fade). Well done and now manage the trade and don't be surprised by a re-test. Will discuss tonight.
Thank you.
Posted by burkmere on 13th of Feb 2018 at 11:53 am
Thank you.