Trading Natural Gas.

ashu1234

Well-Known Member
#61
hi ashu
why NG is bullish even though inventory data are high?
Hi, please go through ebooks and previous chart which are about support and resistance. After inventory it has fallen, form 230+ level to 210 level in 2-4 days. So price will find some short term support, as per my chart which i have earlier posted on daily level its 3.931. so after falling more than 20 rs a pullback of 10-15 rs in natural gas is normal. Also there is currency depreciation in INR has taken place which has elevated natural gas on MCX. So you have to look at these things, and also some partial booking should be done on lower levels of support if you are trading more than one lot to keep the position in our favour for long time. Trend is still down, As per me it will consolidate and fall again, key to trade is patience and trade management.
 
#62
Hi, please go through ebooks and previous chart which are about support and resistance. After inventory it has fallen, form 230+ level to 210 level in 2-4 days. So price will find some short term support, as per my chart which i have earlier posted on daily level its 3.931. so after falling more than 20 rs a pullback of 10-15 rs in natural gas is normal. Also there is currency depreciation in INR has taken place which has elevated natural gas on MCX. So you have to look at these things, and also some partial booking should be done on lower levels of support if you are trading more than one lot to keep the position in our favour for long time. Trend is still down, As per me it will consolidate and fall again, key to trade is patience and trade management.
thanks 4 d information
 
#63
Finally Natural Gas managed to give hourly closing above 4.200, we can target 4.3 and 4.4 level for the upside. Positions can be rolled over as Buy call is still active. rollover price is 230 for May, stop loss for the may contract will be 226 instead of 224. Level on the comex will be the same as its the spot price.
hi
kiran here
good to c ur post and interstd in helping others!
i saw all ur post in this form by seeing it i aiso want to become some wt technicaly strong in trading commodities will u help me plz ...................
 
#64
hi
kiran here
good to c ur post and interstd in helping others!
i saw all ur post in this form by seeing it i aiso want to become some wt technicaly strong in trading commodities will u help me plz ...................
and email id is [email protected].......................u hav some materials regarding trading if possible send it tomy email plz................
 

Subhadip

Well-Known Member
#66
Hi,
Today natural gas gave a "Bearish Crab:: pattern completion on comex. As mentioned earlier level to watch on upside was 4.455 on 18th march, though it missed to reach that level by few points, but I hope pattern is complete and we can see downside levels of 3.5 and below.
well u do trade seeing international market chart or MCX chart?
 

ashu1234

Well-Known Member
#67
well u do trade seeing international market chart or MCX chart?
International spot, which is free from rupee adjustment here as well as sentiment premium which was there @ comex futures. To simply put for key turning points i prefer International, but for trading indian mcx and rupee charts are must.
 

Subhadip

Well-Known Member
#68
International spot, which is free from rupee adjustment here as well as sentiment premium which was there @ comex futures. To simply put for key turning points i prefer International, but for trading indian mcx and rupee charts are must.
ohhh...shocked..

good... so much to do ...even International market chart with so many adjustments...

nice...

it is so hard to do..u must be in a hell lot of money in the profit.

Enjoy
 

ashu1234

Well-Known Member
#69
ohhh...shocked..


it is so hard to do..u must be in a hell lot of money in the profit.

Enjoy
Ha ha... was that a pun?? :)
Anyways I don't do personal trades, I track market because of passion and my profession, and I enjoy journey more than destination.
 

Subhadip

Well-Known Member
#70
Ha ha... was that a pun?? :)
Anyways I don't do personal trades, I track market because of passion and my profession, and I enjoy journey more than destination.
oh..u do not trade..I thought..as u r giving calls..

well i am behind money..nothing else..
 

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