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natty

Things are unsteady be greedy with entries take profits within 5 cents adjust entry lower

so i bought at 48 sold at 51 that is 300 bucks now i move to the low at .46 in natty

if we get down to 3.30 or so we can think about position trading but for now 3-5 at a scalp in and out traders market 3.6 is the pivot on runs if you catch one sell there for sure if it breaks u get back in

natty is the story and where the money is for the moment

Every super smart technician said to sell this I alone said to buy

Nattty hope you rode with me

Natty is the place to make money right now as Oil is waiting for the next catalyst

oil and Gas

November oil
bullish bias

buy 71.5



Sell 73.5



GAs bullish bias



oct buy


3.4




Sell
3.8

morning Pricing

After a long and painful repair the site appears to be working again and we can now start to employ all the ideas we had for it initially we will be adding functionality as we go joblessness housing starts to philly fed index all were again strong leading to some indecision and profit taking amidst the back line numbers which continue to cause concern despite all the positive macro data Natty bounced off the 3.44 to 3.5x overnight i buy natty on pullbacks from now until spring

overnight

Im still bullish on the overall market it just needed a breather the news was again encouraging


here is a idea of natural gas trends
like a train once it gets moving
gas made Oil look boring and we go where the volatility is











In today's trade I employed an average down style buying at 3.62 selling at 3.66
moving entry down 3.59 panicking out 3.61 buy 3.56 sell 3.62
buy 3.48 and that's where it stopped working as it broke down to 3.44 but bounced
still long the contract here
The month is almost over the fear now of course is that they are running out of storage
I touched on that last week even though it ran hard on almost an identical large build but 10 better than expected this time after the exuberant run to 3.87 right through the top of the bear channel(my esignal charts are better soon I will be exporting them)_and back down hard
Currently 3.51 and I am trying o off the long at 3.54.

NATTY AGAIN

Take a look at a couple different charts the stochastic is working here
since I panic'd out of 3.595 buy at 3.615 I am willing to buy next dip on the 3.56 entry line where it bounced as long as I can get out I am to buy again

the pivot has been violated in natty

Lookws like we get the pullback after all th 3.62 pvot is violated next it is bouncing off 3.55
but im moving my next entry to the s1 3.44

oil and natty

Oil is a slow mover thus far the action is in natty


We are getting bounces near the support line 3.62
it overshot this once to 3.595 just as it overshot resistance at 3.82 to .87

The inventory story was better than expected but the situation is still too much gas
keeping the pressure on
It is cold up here in the northeast the gas burners are starting to get turned back up

Nice trades if you are buyin near the low but remember to take your profit that is the second part of the trade that allows you to do it again

Natty

I aplogize im writing quickly things are moving faster than that
I am not a shorter of gas but the bear channel we are against the top it actually went through
for a second bu a close above it spells break out you should trade buy dips sell for 10-15 cents
buy next dip
3.62 is support /3.82 channel top im buying dips

natty

the back test of the trend is 3.82 break and close above we are through 4 and beyond

it seems like the range is set if you are long it is a place to consider a sale

natty

64 was better than expected if you bought the dip good for you

take profits near 4

Natty and Oil

All the technicians are texting and IM'ing how Natty is a sale and 3.7 as we mentioned is the key support level technicals are not always right rember the head and shoulders in the S+P
trade the inventory


I told you to buy dips inOIL

oil

technically 72.4 is the bullish neckline and a close above it on the four hour chart is supposed to clear the way to 76 area and above
I think the dollar will have something to say about that as a bounce in the greenback
is bearish concern for Oil. We ranged overnight for all the scalpers out there
joblessness is a opaque number and housing starts in line
This is not being received well by the futures and perhaps the recent run up has given buyers pause here I have to buy dips again
if the dollar screams i will repost because that will alter today's calculations
moving to the november contract 72.4 is trend line support
buy 71.75 november

i will post when close to reaffirm email me if you have any questions

We stay in October in GAS
the inventory EIA should tell the story 10:30 ish
below 3.7 should kick start the selling dips should be bought unless inventory blows out expectations I will again post and let you now my take o the report

last night went as planned with a run up and a trip back after the news disseminates i will post
pricing jobless numbers and housing