Not sure where you are located, but winter just got started in the US. We're heading into the coldest calendar quarter of the year, which is why the margin reqs are so high at the CME on NG, considering what happened a couple months ago which got Optionsellers.com in so much trouble.
That's strange. in Nov 18, price went from 3.2 to 4.9 Now down to 3.5 ; It went back to where it came from. perhaps it might go up to beyond 4.9 winter just got started. that's good news; more trading opportunities.
Welcome 2019 ! New year brings new resolution, and more wealth. There are something which are definite, certain and will happen every day week month year ... Sun will always rise from the East. Every year is a good trading year. 2018 was especially good with very wide day range.. 2019 will also be a very good year for trading and its day range will be very wide. Whether 2019 is a depression, impression, suppression, bullish, bearish, inflation, deflation, bloom, bust, famine, flood ... year, it doesn't matter. Because traders can handle various types of markets. So get the biggest cup possible and let the wealth overflow the cup. so what's going to happen when 2019 market opens in few hours time? One thing is certain ; there will always be good signals. It is up to us to detect and take it. _________________
2 Jan mid Asian session what happened so far : Asian indices, NK, NQ .... very trendy. Hangseng , Taiwan index seems to be leading the way. crude oil, copper down. but they are laggards good start for the year.
2 Jan Eur session straight forward session. Basically market continues its direction from Asian session. Who knows, market might continue its direction during US session. Good start for 2019 Eur session. germany buxl - up as index is down. ZB - up but volume is very low Natural Gas - seems like winter is over. movement seems to be rather muted. it has reached its day chart comfort zone.
2 Jan US session these have already went down NQ ES RTY YM GBP EUR copper these have already went up germany fgbx seems like now left with bones and skins and insides. no more juicy meat. anyway let's monitor for a while.
cont ... seems like no more juicy wagyu beef. only left with bones and skins and insides. there might be signal later. anyway not worth taking risk trading. time to stop trading.
3 Jan Asian session hmmm. yesterday US session was rather jerky or rather very jerky. futures which gapped down alot NQ ES NK Gbp aud futures which gapped up alot jpy such gaps are very rare. so how to trade? don't trade immediately! because big boys and traders like us would be confused by big gap. perhaps wait for 1 hour for big boys to get themselves organised. Natural gas - time to put the chart into my Archive folder and only trade when there is economic news? It has more or less found its comfort zone. This winter seems to be not so cold. strangely margin requirement still very high.
3 Jan Asian session review It took quite a while for the big boys to decide what to do next. summary of signals : crude oil down 822a simsci reverse up 903p taiwan index reverse up 942p Hangseng, China A50, simsci, taiwan index reverse down 1043a << decisive movement NQ reverse down 1102a almost all signals are reversal signals. Now let's see what's going to happen to India Nifty. natural gas, Nikkei- really dead. jpy - movement seems like going to be very limited