September Nat Gas Thread

Hello,

NG is wide awake now.
By the way, how many dollars it for 1 cent per contract ? and what about e-minis ?

thanks

 

$100 per cent
or $25 per cent for minis.

 

Thanks, where can I find that info for all commodities (both futures and e-minis ?)

 

One big contract is $10,000/ dollar move or $10/Tick!
The mini is 1/4 size, but ticks in $12.50 increments every 2.5 Cents.

Nice Trade btw.

http://www.nymex.com/NG_spec.aspx
http://www.nymex.com/QG_spec.aspx

el surdo sambista

 

Thanks Surdo. Well my timing was not that good. Actually I did what is not recommended usually : I averaged the position, but I did it smoothly...

Here are my trades on NG : trades via a French certificate. When NG is 6.50 the certificate is 4.50 euros. I can buy it like a stock. So I bought by bunches of 100 between 4.10 and 4.65. I now have 1400 certificates. Each NG cent makes a 14 euros profit, almost like if I had 0.5 e-mini.

I will keep the position for a swing trade. My objective remains 7.40.

 

I guess the other thread is dead...


Still long and I'm thinking higher yet. And another exciting week for NG. Models like the chances of 90L showing up in the gulf.

Is Commanche around? Would like to hear your point of view on NG, sir. Thanks.

cheers and good trading to all...

 

Took some profit on my position
Sweet trade, I look forward to getting some more at a lower price on consolidation.

 

7.05 is a 50% fib retracement, I took some profits there am looking at 6.56 as another entry point.

 

"Riders on The Storm . . ."

DEAN!!!

http://www.nhc.noaa.gov/refresh/graphics_at4+shtml/204525.shtml?5day#contents

:eek:

 

Takin' the money and runnin' on NG. I'll settle for only a buck (plus a few good sized scalps during this run).. it could get pretty treachorous, and if Dean doesn't hit ... well, I don't want to risk it.

cheers