NexusFi: Find Your Edge


Home Menu

 





Trading natural gas futures


Discussion in Commodities

Updated
      Top Posters
    1. looks_one SMCJB with 184 posts (360 thanks)
    2. looks_two myrrdin with 21 posts (41 thanks)
    3. looks_3 ron99 with 20 posts (50 thanks)
    4. looks_4 jokertrader with 17 posts (12 thanks)
      Best Posters
    1. looks_one ron99 with 2.5 thanks per post
    2. looks_two SMCJB with 2 thanks per post
    3. looks_3 myrrdin with 2 thanks per post
    4. looks_4 Symple with 1.7 thanks per post
    1. trending_up 84,139 views
    2. thumb_up 555 thanks given
    3. group 70 followers
    1. forum 361 posts
    2. attach_file 46 attachments




 
Search this Thread

Trading natural gas futures

(login for full post details)
  #321 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

Another margin decrease!

NG Margin changes effective COB October 25th , 2022

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Nov22 decreasing from $10,500 to $9,000 -$1500
Tier 2-4 / Dec22-Feb23 decreasing from $10,300 to $9,000 -$1300
Tier 5 / Mar23 decreasing from $8500 to $7200 -$1300
Tier 6 / Apr23 decreasing from $5000 to $4400 -$600
...
Tier 12 / Oct23 decreasing from $4200 to $3600 -$600
...
Tier 15 / Jan24 decreasing from $3650 to $3050 -$600

https://www.cmegroup.com/notices/clearing/2022/10/Chadv22-408.html

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Trader Dale [email protected] or Scammer Dale
Trading Reviews and Vendors
Request for MACD with option to use different MAs for fa …
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
31 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Supertradersams Thread Journal on NQ/MNQ
26 thanks
Daytrading ES & NQ
26 thanks
Deaddogs Stock Trading
21 thanks

(login for full post details)
  #322 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

NG Margin changes effective COB December 9th, 2022

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1-2 / Jan23-Feb23 unchanged at $9,000
Tier 3 / Mar23 decreasing from $7200 to $6700 -$500
Tier 4 / Apr23 decreasing from $4400 to $4000 -$400
...
Tier 10 / Oct23 decreasing from $3600 to $3500 -$100
...
Tier 13 / Jan24 unchanged at $3050
...
Tier 16 / Apr24 decreasing from $2550 to $2200 -$350
...

https://www.cmegroup.com/notices/clearing/2022/12/Chadv22-465.html

Reply With Quote
(login for full post details)
  #323 (permalink)
bob666s
Auckland + auckland/new zealand
 
Posts: 65 since Jun 2016
Thanks Given: 8
Thanks Received: 43



implied NG fair value wrt a basket of local hub basis' is at 5.8~/mmbtu

Reply With Quote
(login for full post details)
  #324 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

Apologies in advance if this is behind a paywall for non-subscribers.

WSJ:- German Facility, Built at Breakneck Speed, Accepts Gas Shipment From U.S.
LNG cargo arrives at terminal in port town of Wilhelmshaven as Germany scrambles to replace Russian gas
https://www.wsj.com/articles/german-facility-built-at-breakneck-speed-accepts-gas-shipment-from-u-s-11672752295

The specific bit I found interesting...
Germany’s newly constructed liquefied-natural-gas terminal received its first full cargo from the U.S. on Tuesday, as Berlin races to shore up its supply after the end of its decadeslong energy relationship with Russia. The shipment arrived at the LNG import terminal in the port town of Wilhelmshaven on the North Sea, a facility that was built at a breakneck speed in less than a year to help Germany avert an energy shortage.

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:
(login for full post details)
  #325 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

NG Margin changes effective COB January 4th, 2022[/SIZE][/U]

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Feb23 decreasing from $9000 to $7000 -$2000 or 22.2% (!!!!!)
Tier 2 / Mar23 decreasing from $6700 to $5500 -$1200 or 17.9%
but then ...
Tier 3 / Apr23 increasing from $4400 to $4600 +$200
Tier 4 / May23 increasing from $3900 to $4200 +$300
...
Tier 9 / Oct23 increasing from $3500 to $3700 +$200
...
Tier 13 / Jan24 unchanged at $3050
...
Tier 16 / Apr24 decreasing from $2200 to $2200 -$200
...

https://www.cmegroup.com/notices/clearing/2023/01/Chadv23-004.html

Reply With Quote
The following user says Thank You to SMCJB for this post:
(login for full post details)
  #326 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

NG Margin changes effective COB January 20th, 2022[/SIZE][/U] (ie this has already happened)

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Feb23 decreasing from $7000 to $6000 -$1000
Tier 2 / Mar23 decreasing from $5500 to $5000 -$500
Tier 3 / Apr23 unchanged at $4400

https://www.cmegroup.com/notices/clearing/2023/01/Chadv23-017.html

Reply With Quote
The following user says Thank You to SMCJB for this post:
(login for full post details)
  #327 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

Been traveling so this is now a week old, but for the record

NG Margin changes effective COB February 10th, 2022

Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)

Tier 1 / Mar23 decreasing from $5000 to $4500 -$500
Tier 2 / Apr23 decreasing from $4400 to $4000 -$400
...
Tier 8 / Oct23 decreasing from $3700 to $3300 -$400
...
Tier 11 / Jan24 unchanged at $3050

https://www.cmegroup.com/notices/clearing/2023/02/Chadv23-039.html

Reply With Quote
The following user says Thank You to SMCJB for this post:
(login for full post details)
  #328 (permalink)
 SpreadPlanner   is a Vendor
 
Posts: 2 since Mar 2023
Thanks Given: 0
Thanks Received: 1

Usually brokers offer margin discounts if instead of trading on a single contract you trade on the difference between two (or more) contracts. This method is called spread trading and consists of buying one contract with a certain maturity and selling another with a different maturity on the same underlying (intra-commodity) spread.

Reply With Quote
(login for full post details)
  #329 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115

John Kemp talking about EU Storage today in his daily 'Best In Energy'. Definitely worth signing up for (its free).

EUROPE’s gas inventories amounted to 754 TWh on May 22. Stocks were +273 TWh (+57% or +2.00 standard deviations) on May 22 above the prior ten-year seasonal average compared with a surplus of +267 TWh (+51% or +2.72 standard deviations on February 6. Inventories are the second-highest on record for the time of year and the surplus is narrowing very slowly. Stocks are on track to peak at 1,237 TWh at the end of the refill season, exceeding the available storage capacity of around 1,139 TWh. Futures prices for deliveries in June and July continue to fall to encourage more consumption and divert cargoes to Asia:

Reply With Quote
The following user says Thank You to SMCJB for this post:
(login for full post details)
  #330 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,015 since Dec 2013
Thanks Given: 4,339
Thanks Received: 10,115



Reply With Quote





Last Updated on February 23, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts