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Natural Gas: Our First Price Target Hit! Ready For the Next One?

Q3 2021 hedge fund letters, conferences and moreThis Value Fund Has Been Using The Volatility To Add To PositionsDG Value Partners II Class A was down 4.97% for November, while Class C declined 7.53% internet. It has actually been supported by unyielding worldwide need for United States Liquefied Natural Gas (LNG), and that also fueled its momentum. As I described in more detail in my last risk-management-related short article to protect earnings, my recommended stop, which was situated just listed below the $ 3.424 level (listed below half-yearly swing low), was now lifted up around the $3.800 level, which corresponds to the 50% range in between the initial entry and target 1. Subscribe for our everyday newsletter today, and youll get 7 days of FREE access to our premium everyday Oil Trading Alerts as well as our other Alerts. By checking out Sebastien Bischeris reports you completely agree that he will not be held responsible or responsible for any choices you make regarding any details supplied in these reports.

Henry Hub Natural Gas (NGF22) Futures (January contract, day-to-day chart).
Now, lets zoom into the 4H chart to observe the recent rate action all around the abovementioned levels of our trade plan:.

Chart– Henry Hub Natural Gas (NGF22) Futures (January agreement, 4H chart, logarithmic scale).
Thats all for today, folks. Happy trading!
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Thank you.
Sebastien Bischeri.
Oil & & Gas Trading Strategist.
By reading Sebastien Bischeris reports you fully agree that he will not be held accountable or liable for any choices you make relating to any details provided in these reports. Investing, trading and speculation in any monetary markets might involve high danger of loss. Sebastien Bischeri, Sunshine Profits staff members, affiliates as well as their household members may have a brief or long position in any securities, consisting of those discussed in any of the reports or essays, and may make additional purchases and/or sales of those securities without notification.
Upgraded on Dec 13, 2021, 2:25 pm.

In todays edition, I will offer some updates on current market developments for Natural Gas futures (NGF22) following my last post from Dec. 10th.
[soros] Q3 2021 hedge fund letters, conferences and moreThis Value Fund Has Been Using The Volatility To Add To PositionsDG Value Partners II Class A was down 4.97% for November, while Class C decreased 7.53% net. Year to date, Class A is up 19.45% net, while Class C has returned 37.08%. DG Value Partners II focuses on event-driven worth chances in the middle-market sector. It looks for securities priced listed below their intrinsic worth with Read MoreAlternatively, you can discover my preliminary trade plan (with forecasts) in last Mondays Oil & & Gas Trading Alert.
The Trading Plan
We all like it when a trade plan comes together! Since the marketplace has to manage more powerful need due to lower temperatures, you can see that the rebounding flooring (support) supplied was perfect for the Henry Hub. It has been supported by unyielding international need for United States Liquefied Natural Gas (LNG), which likewise sustained its momentum. The suggested goal at $4,009 was hence hit this morning (during the European session) and the $4.355 level is now the next target.
As I described in more detail in my last risk-management-related post to protect revenues, my recommended stop, which was located just listed below the $ 3.424 level (listed below half-yearly swing low), was now raised around the $3.800 level, which corresponds to the 50% range in between the initial entry and target 1. By doing so, that trade ends up being safe. Alternatively, you could also eventually utilize an Average True Range (ATR) several to figure out a various level (above breakeven) that might better match your trading design.

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