Question: are Wheat and Nat Gas prices for the securities we
trade "international" or "only USA"? For Example, when
the Nat Gas export facility had explosion, Nat Gas dropped (in US)
but Nat Gas went up in Europe (facility importer). Since the
long securities we trade went down dramatically, this leads me to
believe these securities are based on JUST USA PRICES, when I
thought they were Global?? (maybe each country exchange has
their own prices and indexes.)
explanation of us and Europe effects
The US Export Facility explosion caused US Nat Gas to go down
16% and Europe Nat Gas to go up 16%. Key: does what Russia,
Urkraine, China, Europe do or do not do related to UNG, BOIL, KOLD,
etc... ????
Walt - it will certainly have some type of impact (more so with
Crude Oil than Natgas) but my advice is to simply focus on the
instrument you're trading (chart etc) as it prices in most of those
auxiliary events.
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Question: are Wheat and Nat
Posted by Walt on 30th of Jun 2022 at 11:35 am
Question: are Wheat and Nat Gas prices for the securities we trade "international" or "only USA"? For Example, when the Nat Gas export facility had explosion, Nat Gas dropped (in US) but Nat Gas went up in Europe (facility importer). Since the long securities we trade went down dramatically, this leads me to believe these securities are based on JUST USA PRICES, when I thought they were Global?? (maybe each country exchange has their own prices and indexes.) explanation of us and Europe effects
The US Export Facility explosion
Posted by Walt on 30th of Jun 2022 at 11:52 am
The US Export Facility explosion caused US Nat Gas to go down 16% and Europe Nat Gas to go up 16%. Key: does what Russia, Urkraine, China, Europe do or do not do related to UNG, BOIL, KOLD, etc... ????
Walt - it will certainly
Posted by steve on 30th of Jun 2022 at 11:58 am
Walt - it will certainly have some type of impact (more so with Crude Oil than Natgas) but my advice is to simply focus on the instrument you're trading (chart etc) as it prices in most of those auxiliary events.