The Natural Gas Roller Coaster. Jan 16th 14.2% tradeable range - Commodities Futures Trading | futures io social day trading
futures io futures trading


The Natural Gas Roller Coaster. Jan 16th 14.2% tradeable range
Updated: Views / Replies:8,855 / 92
Created: by SMCJB Attachments:19

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 19  
 
Thread Tools Search this Thread
 

The Natural Gas Roller Coaster. Jan 16th 14.2% tradeable range

  #61 (permalink)
Elite Member
London + UK
 
Futures Experience: Advanced
Platform: Proprietary Analytics
Broker/Data: Multiple broker + Multiple feed
Favorite Futures: Currently European and US equities
 
sands's Avatar
 
Posts: 432 since Dec 2013
Thanks: 223 given, 205 received


SMCJB View Post
I assume you are talking about NG? Natural Gas is extremely volatile/choppy/gappy what ever you want to call it. Huge 10% moves day after day. If your looking to 'try out NG' for lack of a better expression i would suggest you wait until next Thursday 27th once March has expired and hopefully some normality returns to the market.

Yes mate NG. thanks for the advice I will take a look again when it rolls over

Reply With Quote
 
  #62 (permalink)
Trading for Fun
St Paul, MN, USA
 
Futures Experience: Advanced
Platform: Abacus
Broker/Data: RJO, Interactive Brokers
Favorite Futures: Commodity Futures & Options
 
Posts: 196 since Jan 2014
Thanks: 117 given, 191 received


SMCJB View Post
You can get some reports but they are PDFs. Go to the data site and select "End of Day Reports", then "ICE Futures US - Energy", and "DMR-IFED Futures" and then under contract select what you want (or even all)

Thank you. If it's of benefit to others, the DMR-IFED report is a huge pdf full of tables for gas, electricity and the kitchen sink. As far as I know, you can't filter it by commodity or trade type before downloading, so if you want to follow a handful of market points, you should find the codes for the reports and download them individually. To build any kind of broader, longer term database, I think it's time to subscribe to the ICE or to a third party firm that consolidates the data.

P.S. I'm going to ask the ICE how much the gas-only report costs. If their response doesn't give me a heart attack, I'll report back.


Last edited by CafeGrande; February 20th, 2014 at 10:04 AM.
Reply With Quote
The following user says Thank You to CafeGrande for this post:
 
  #63 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,117 since Dec 2013
Thanks: 1,744 given, 3,343 received
Forum Reputation: Legendary


Been posting this in the Options thread for several months now. Will start posting this here as well as long as this thread is active

EIA Natural Gas Storage Report Expectations 13-Feb-14 for week ending 6-Feb-14

The largest survey I see (38 respondents) shows
Average -259
Median -260
Range -236 to -283
Std Dev 8.7 (that's pretty high)

This week last year -131
5yr Average -133

Actual report will be available at Weekly Natural Gas Storage Report - EIA at 1030 EPT

At time of writing 9:11am EPT, NG market is down 6.5c but has already had over a 50c range TODAY. Trading as high as $6.40 (+25.1c) in the middle of the night (4am) and as low as $5.892 (-25.7c) this morning.

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:
 
  #64 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,117 since Dec 2013
Thanks: 1,744 given, 3,343 received
Forum Reputation: Legendary


CafeGrande View Post
Thank you. If it's of benefit to others, the DMR-IFED report is a huge pdf full of tables for gas, electricity and the kitchen sink. As far as I know, you can't filter it by commodity or trade type before downloading, so if you want to follow a handful of market points, you should find the codes for the reports and download them individually. To build any kind of broader, longer term database, I think it's time to subscribe to the ICE or to a third party firm that consolidates the data.

P.S. I'm going to ask the ICE how much the gas-only report costs. If their response doesn't give me a heart attack, I'll report back.

The report I get is basically that DMR-IFED report in excel so its easy to import and sort. Sounds like what you are looking for. They have lots of reports they email out but the one you are probably looking for is their "Cleared Gas Settlement" and not their EOD report. Make sure you make that clear because I know the EOD report is very expensive.

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
  #65 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received


sands View Post
I tried trading this market, but myself found it was not as easy to trade as CL. The liquidity was a low at the time I was trading it, that may have been a big factor. Hows the liquidity for you folks trading it now? do you see a lot of gapping in the market and apart from the weather how would you describe the way this market trades? I'd be interested in some of your opinions on this. Thanks.

I am really not finding it to be gappy or thin. Now it does move very very fast. Much faster than CL as of late and has great range. It reminds me of the way CL moved a few years ago. I execute on an automated strategy so speed is not a problem.

We are in winter so my opinion about liquidity might change as winter ends.

If you want volatility and range for last two months has been the mother of all contracts.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."

Last edited by liquidcci; February 20th, 2014 at 04:54 PM.
Reply With Quote
The following 2 users say Thank You to liquidcci for this post:
 
  #66 (permalink)
Elite Member
Dover, Fl
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL, NQ, YM, ES, GC
 
dnkhoward2's Avatar
 
Posts: 151 since Mar 2013
Thanks: 838 given, 156 received

Nice bullish chart with some upside;

Kimble Charting Solutions Blog » Mother of all ?Bullish Head & Shoulders? patterns update-

Reply With Quote
 
  #67 (permalink)
Trading for Fun
St Paul, MN, USA
 
Futures Experience: Advanced
Platform: Abacus
Broker/Data: RJO, Interactive Brokers
Favorite Futures: Commodity Futures & Options
 
Posts: 196 since Jan 2014
Thanks: 117 given, 191 received


SMCJB View Post
The report I get is basically that DMR-IFED report in excel so its easy to import and sort. Sounds like what you are looking for. They have lots of reports they email out but the one you are probably looking for is their "Cleared Gas Settlement" and not their EOD report. Make sure you make that clear because I know the EOD report is very expensive.

The good news is they responded promptly. The bad news is the price. The EOD report for gas only that includes three major sections (the INDICIES, ACTIVITY and DEALS tabs) is 1500 buckaroos per month for one to three users. I then followed up to ask about the "Cleared Gas Settlement" report because I'm only looking for the data in the INDICIES tab, and the guy said that information is available only to ICE participants.

So, I'm going to hunt and peck for a few market points where I want to gather occasional forward basis information. When I get sick of that I might try to figure out a script/macro to automate the process. If that fails I might hire my lovely assistant (my wife) to do the grunt work. And when she gets sick of it, I will have made so much money that I can justify $1500/mo!

Reply With Quote
 
  #68 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received

Could many CL traders be moving to NG? CL has been kind of dead for a while relative to the what it use to do. While NG is on fire. It trends directionally so strong looks like traders pile into it when it moves with the trend. It gets kind of crazy which I like. 30 to 40 tick targets can get hit easily within minutes if not seconds at times.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
 
  #69 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


liquidcci View Post
Could many CL traders be moving to NG? CL has been kind of dead for a while relative to the what it use to do. While NG is on fire. It trends directionally so strong looks like traders pile into it when it moves with the trend.

I already did.

But when it moves it's most often way too fast to get in manually, so I'm currently working on an automated strategy...should be accomplished on the weekend.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
The following user says Thank You to Daytrader999 for this post:
 
  #70 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received



Daytrader999 View Post
I already did.

But when it moves it's most often way too fast to get in manually, so I'm currently working on an automated strategy...should be accomplished on the weekend.

Good deal @Daytrader999

I agree it really takes an automated strat to handle the speed. The speed is really insane at times but very profitable.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
The following user says Thank You to liquidcci for this post:

Reply



futures io > > > > The Natural Gas Roller Coaster. Jan 16th 14.2% tradeable range

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading natural gas futures mannya Commodities Futures Trading 34 Today 08:07 PM
Apple's Roller-Coaster Ride to Set Market Tone Quick Summary News and Current Events 0 April 24th, 2013 01:00 AM
Natural Gas inventory numbers ncsutrader Commodities Futures Trading 1 April 18th, 2013 11:37 AM
Europe May Send Markets on a Crazy Roller Coaster Ride Quick Summary News and Current Events 0 June 8th, 2012 10:50 PM
Look Ahead: Investors Back on Roller Coaster Ride Quick Summary News and Current Events 0 August 11th, 2011 10:50 PM


All times are GMT -4. The time now is 08:50 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-13 in 0.15 seconds with 20 queries on phoenix via your IP 54.160.245.121