NexusFi: Find Your Edge


Home Menu

 





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


Discussion in Commodities

Updated
      Top Posters
    1. looks_one SMCJB with 26 posts (14 thanks)
    2. looks_two ron99 with 22 posts (5 thanks)
    3. looks_3 CafeGrande with 13 posts (6 thanks)
    4. looks_4 Alphachase with 10 posts (1 thanks)
      Best Posters
    1. looks_one liquidcci with 0.7 thanks per post
    2. looks_two SMCJB with 0.5 thanks per post
    3. looks_3 CafeGrande with 0.5 thanks per post
    4. looks_4 ron99 with 0.2 thanks per post
    1. trending_up 30,015 views
    2. thumb_up 36 thanks given
    3. group 18 followers
    1. forum 95 posts
    2. attach_file 20 attachments




 
Search this Thread
  #61 (permalink)
 
sands's Avatar
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
Posts: 443 since Dec 2013
Thanks Given: 257
Thanks Received: 234


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

Can you help answer these questions
from other members on NexusFi?
Equity Monaco download file?
Psychology and Money Management
IB Gateway / IBKR (semi-) daily restart / login
Platforms and Indicators
Time, Futures, Scalping, Treasurys
Treasury Notes and Bonds
RSI Values Scale
NinjaTrader
Cycle Through Ninjatrader Open Windows
NinjaTrader
 
  #62 (permalink)
CafeGrande
St Paul, MN, USA
 
Posts: 200 since Jan 2014
Thanks Given: 131
Thanks Received: 207


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.

Reply With Quote
Thanked by:
  #63 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,085 since Dec 2013
Thanks Given: 4,434
Thanks Received: 10,274


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.

Started this thread Reply With Quote
Thanked by:
  #64 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,085 since Dec 2013
Thanks Given: 4,434
Thanks Received: 10,274


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.

Started this thread Reply With Quote
Thanked by:
  #65 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,093


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."
Reply With Quote
Thanked by:
  #66 (permalink)
 dnkhoward2 
Dover, Fl
 
Experience: Intermediate
Platform: NinjaTrader 8, Oanda
Trading: YM, Currencies
Posts: 158 since Mar 2013
Thanks Given: 864
Thanks Received: 167

Nice bullish chart with some upside;

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

Reply With Quote
  #67 (permalink)
CafeGrande
St Paul, MN, USA
 
Posts: 200 since Jan 2014
Thanks Given: 131
Thanks Received: 207


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)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,093

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)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,492 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,318


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
Thanked by:
  #70 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,093



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
Thanked by:




Last Updated on November 14, 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 - Sitemap - Downloads - Top
no new posts