Jump to content

high side 3 way

banned
  • Posts

    62
  • Joined

Posts posted by high side 3 way

  1. 12 minutes ago, AUS-97HORN said:

    fucking stupid internet people.

     

    yep, dude was 1-2 miles away alright... that might be close to 45 miles in fucked up internet math.

     

    the fucking explosion happens and the sound wave hits in less than 2 seconds

    thats somewhere around .3-.4 tenths of a mile there internet guy

     

     

     

    Math is really really hard

  2. 13 minutes ago, Moby Ric said:

    NatGas spiking hard today.  Anyone know why?

    No idea, all I could find:

    https://www.fxempire.com/forecasts/article/natural-gas-price-forecast-natural-gas-markets-shoot-through-200-ema-664772

    Spoiler

    Natural Gas Price Forecast – Natural Gas Markets Shoot Through 200 EMA

    The natural gas markets shot straight up in the air during the trading session on Monday to kick off the week, breaking through the 200 day EMA.

    Christopher Lewis

    2 hours ago (Aug 03, 2020 03:18 PM GMT)

    Natural gas markets have shot through the roof during the trading session on Monday to kick off the week, slicing through the 200 day EMA. That being said, we are dealing with the $2.00 level, an area that of course will cause a certain amount of psychological resistance. Over the last several months, we have been building on this range, and I think we are trying to put in some type of bottom for the market longer term, due to the fact that we are seen bankruptcies out there, and that should bring down supply in theory. Furthermore, there has been a pretty significant amount of heat in the United States driving up demand.

    Add in a tropical storm in the fact that the US dollar is losing value, then you have an opportunity for natural gas to reclaim some real estate to the upside. I think we probably have a pullback ahead of us, but I would be willing to buy that dip, especially somewhere near the $1.80 level if we can get down there.

    If you have the ability to trade in small increments, then we could be looking at a potential trend change, at least for the second half of the year, which could provide a nice little opportunity. I do not have any interest in shorting this market because we are so low from a historical standpoint. When you zoom out several years, you can see that clearly the $1.50 level was a major turning point more than once.

    For a look at all of today’s economic events, check out our economic calendar.

     

Ă—
Ă—
  • Create New...