What's your view on natural gas long term?

I'm not sure the correlation coefficients for unusual temperatures in Asia, Europe, and the U.S. is very far from zero?

 

Then it went up massively by 7.5% during the US session.

Either traders read the forecast reports differently,
or the weather changed suddenly,
or whatever.

 

Up it goes again.
This winter must be extra cold.

 

will NG gap next week when the market opens?

but then, the situation should have been stabilised.

 

It gapped down by 4%

 

Own self talks to own self.


Down it goes again.
Hopefully the reward : risk ratio is > 5:1

The weather must be quite comfortable

 

cont ...

max RR ratio 6:1

straight forward trade.

unlikely it will go further down.

 

Yes !!!

 

NG continues to be great for trading due to extreme hot/cold or whatever weather.

Let's see if the Europeans will push the price higher.

who knows, when the market opens next week, NG will gap ( up or down) again.
It has been gapping for the past few weeks.