chartwatchers
Short

NatGas - Shorts reloaded

FX:NGAS   Natural Gas (Henry Hub)
2221 41 46
2 months ago
I'm not going to wait in NatGas any longer. We are just too late in this daily cycle. The intermediate cycle seems to me to be topped on that report last week.
While price was printing a higher high RSI just printed a divergence: no higher high in RSI last week.
MACD seems wants to cross over.
Though we broke to new highs last week there was no follow through : we came back to the 10 EMA and crawling on it. This is not a rally, it was just a false breakout on high volume when big players got out of their shorts and now feeding the little payers with expensive contracts.
I'M going to short NatGas right now at 3.254. I think we are going to tag the 200 SMA around 2.4$ this year.
2 months ago
Comment: What's wrong with this DGAZ daily candle?
snapshot
2 months ago
Comment: We printed the daily swing.
I think it's good that we reentered.
snapshot
a month ago
Comment: I'm waiting for a big drop on data today.
The data has to be extremely good to hold price at this level.
a month ago
Comment: Closed below the 20 EMA.
Indicators looking good today.
snapshot
a month ago
Comment: Man they've almost tricked us out last week with that breakout...
a month ago
Trade closed: stop reached: 30% gain
I'm with you,it doesn't seem to be able to make a higher high.
First target is 3.13$, then 3.07$ and 3.0 $ (Fib retrace levels).
Big resistance at 2.8$ level, when it would brake that level your 2.4$ is in sight.
But we will have to wait and see. :-)
+2 Reply
watsonzou26
2 months ago
There was a whisper that this winter will be super super COLD.
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ahmetnmsl watsonzou26
2 months ago
Cold winter, high demand, low prices
+1 Reply
Very short term view. We may experience bump. But I want to short NGAS.
snapshot
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nnavarrete PRO
2 months ago
Thursday, Oct 13, 2016

TRADE (Microcap): $DGAZ 1,050,000 shares @ $3.93


BLOCK TRADE (Microcap): $DGAZ 500,000 shares @ $3.93 ha !
BLOCK TRADE (Microcap): $DGAZ 300,000 shares @ $3.93

Friday Oct 14, 2016

BLOCK TRADE (Microcap): $DGAZ 400,000 shares @ $4.03

Today - so far

BLOCK TRADE (Microcap): $DGAZ 450,000 shares @ $4.02
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Parabolica nnavarrete
2 months ago
Interesting to know if the market maker was the buyer or the seller...
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nnavarrete PRO Parabolica
2 months ago
Hoping they are the buyer haha

I'm holding 7000 DGAZ @ 4.52 .... Looking forward for a happy ending. :)
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watsonzou26 nnavarrete
2 months ago
Sorry for my ignorance, what does "block trade" mean?
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nnavarrete PRO watsonzou26
2 months ago
http://www.investopedia.com/terms/b/block.asp

http://www.investopedia.com/terms/b/blocktrade.asp
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watsonzou26 nnavarrete
2 months ago
Got it. Thanks my friend.
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nnavarrete PRO watsonzou26
2 months ago
https://en.wikipedia.org/wiki/Block_trade
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kevinobrien89 nnavarrete
2 months ago
Were those blocks during trading hours or AH. Trying to discern if they are true block trades or just rebalancing/T-trade transactions
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epalazzo
2 months ago
http://invst.ly/2kmyz
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watsonzou26
2 months ago
NGAS TA
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Ta-Trade watsonzou26
2 months ago
I say $4 bullish looking imho
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chartwatchers PRO Ta-Trade
2 months ago
Too late in the intgermediate cycle to have it this year. Next year definetely.
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Ta-Trade chartwatchers
2 months ago
3.5 before a pull back imho
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watsonzou26 Ta-Trade
2 months ago
Please note that Dec. contract was touched at $3.5(high was $3.6 something if i was not wrong ).
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Ta-Trade chartwatchers
2 months ago
Even 3.885 on the 1W T/F is possible before a pullback...GL with your short m8
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chartwatchers PRO Ta-Trade
a month ago
I told you so. It was too late in my cycle count.
At the end of the day it was a very good call.
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Ta-Trade chartwatchers
a month ago
It was indeed m8....well done!
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VirtualFax
2 months ago
The only thing that I find wrong with it that it reversed back a mere 10 cents above my buy order. Either I miscalculated the channel's bottom border or my order will get filled tomorrow : )
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VirtualFax VirtualFax
2 months ago
The channel in question (I'd even say a big question... : ):

snapshot
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traderzaius
2 months ago
I shorted on your previous call and added more shorts during the recent break out. This one is going down baby. DOWN.
+1 Reply
XTAL.ball
2 months ago
Nice call Arpi. Good job!
+1 Reply
rere04
2 months ago
reenter shorts? or swinging long for tomorrow?
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watsonzou26
2 months ago
At this moment, NG got support. For bulls,they need stand up $3.15. For bears, they need fight for breaking down $3.15.
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val_trader
a month ago
Now 3396, are we goiing out ?
Thanks ARPI
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XTAL.ball
a month ago
Data? What data? When is it released?
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chartwatchers PRO XTAL.ball
a month ago
http://www.marketwatch.com/story/eia-reports-an-increase-of-77-bln-cubic-feet-in-us-natural-gas-supplies-2016-10-20
30 minutes ago.
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XTAL.ball chartwatchers
a month ago
So typical oversupply issue? Prices will continue to drop?
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watsonzou26 chartwatchers
a month ago
Bulls and bears are still fighting for $3.15 neckline whatever the report data is.
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watsonzou26
a month ago
What a good retesting mini neckline and a violate day will be.
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watsonzou26 watsonzou26
a month ago
I mean it will be a volatile day. BTW, 8-14 days weather forecast seems to be good for bears and Nov. contract will be expired soon.
http://www.cpc.ncep.noaa.gov/products/predictions/814day/
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ArtFly
a month ago
Oh fu......k ...3,42
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Mitasse
a month ago
Hi Arpi, is this cycle going to be longer than usual? If so, where do you see it end? if you expect NGAS to tag the 200 SMA it is more likely to happen in the next daily Cycle?
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VirtualFax
a month ago
Any chance we bounce off the trend line yet again before hitting the resistance at $3.50 and, at that point, deciding which way to go?

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chartwatchers PRO VirtualFax
a month ago
Just posted the update. I explained it there.
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chartwatchers PRO chartwatchers
a month ago
No more pop. We are too late. And big players are out of positions.
Look at the monumental green candle 5 days ago. Smartmoney left the building.
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watsonzou26 chartwatchers
a month ago
Exactly. But I just downloaded all my shorts temporarily, going to uploaded again when the chart transfers to Dec. contract.
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watsonzou26 watsonzou26
a month ago
NG: getting support
+1 Reply
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