NexusFi: Find Your Edge


Home Menu

 





/NG Backwardation


Discussion in Commodities

Updated
    1. trending_up 1,009 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

/NG Backwardation

(login for full post details)
  #1 (permalink)
Fiu Cher
New York, NY
 
Posts: 8 since Jan 2018
Thanks Given: 2
Thanks Received: 8

Hi All,

There seems to be a severe backwardation right now between G8-H8, and lesser one for H8-J8. Is this a common theme for this time of year in nat gas?

I did play the widowmaker spread from the long side for a major winner, but also was able to get a small profit after reversing and shorting the spread (almost didn't work ).

So, my question is how you folks trade the spread mostly in this backwardation setup. Thanks!

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
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
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Looking for an MQL4 MetaTrader programmer/coder
The Elite Circle
Futures Close-Out Policy
Commodities
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
33 thanks
Daytrading ES & NQ
32 thanks
Battlestations: Show us your trading desks!
31 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Retail Trading As An Industry
25 thanks

(login for full post details)
  #2 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,685
Thanks Received: 2,651


Fiu Cher View Post
Hi All,

There seems to be a severe backwardation right now between G8-H8, and lesser one for H8-J8. Is this a common theme for this time of year in nat gas?

I did play the widowmaker spread from the long side for a major winner, but also was able to get a small profit after reversing and shorting the spread (almost didn't work ).

So, my question is how you folks trade the spread mostly in this backwardation setup. Thanks!

I do not trade these spreads. A change in the weather forecast can cause major moves upwards or downwards. And I am unfortunately unable to forecast the weather ...

In my opinion there are better trades around.

Best regards, Myrrdin

Reply With Quote





Last Updated on January 26, 2018


© 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