Post by
manxcan on Apr 09, 2018 11:16am
My Trade
I took full exit off HVU Trade. Back off for a week, maybe 3 weeks. This can trade sideways volatility so no overnight unless huge crises event. There we all jump onboard. Earnings drive you wacko when on VIX trade as market applauds and rewards each earnings exceeding the pre set expectation. Just my opinion, be cautious.
Heavy buy on D Natural Gas Trade, posted on HNU board. Better trade this week. 2% below opening high. Might get a bit lower but a safe entry right now.
D will go up, huge % increase in weather change coming over next 3 days. Expect D moves up 3 to 7% from current price.
Nat Gas Spot price dips due a snow current in Ohio valley. This will not concern Phil, New York or Washington. New York current 41 F, will rise to hi 53, then 61 and Friday forecast high 76 F.
That is extremely good temps to drive up DGAZ after report on Friday.
I can say I Trade often U and D intra week. 95% of a year I make 6% a week this method. The research assessment is reliable. Use common sense and caution. For trading NG explicitly stay on top of key weather systems and storage. Many factors affect trade decision.
When certain I trade big every week. Gl guys, ladies, Cheers Manx
Comment by
LongGuy on Apr 09, 2018 11:24am
Funny you should bring up HNU...had a buy in at $3.43 as I was watching it drop at the open but didn't get filled. I am on the same page...seasonal buy here...especially if can get in even lower. It's all about the weather with ng. Good tip for all.
Comment by
MichaelRyan on Apr 09, 2018 11:26am
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Comment by
oceaneleven on Apr 09, 2018 11:33am
it's rallying way to fast to grab the 2645's...have to make new plan here LOL!!! timing is everything
Comment by
LongGuy on Apr 09, 2018 11:38am
Ahhh...you guys/gals ;-) got the trend a bit tighter than I do. I will go in again if we get to 2660.
Comment by
LongGuy on Apr 09, 2018 11:46am
Manx...miss read your post...so your going into hnd not hnu. Looks like you are right might go lower...but should swing upwards as we go into summer as it trades one month forward.