NG 11-13 (1 Min) 10.24.2013

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Mar 242014
 

NG 11-13 (1 Min)  10_24_2013

10/24/2013 Weekly Natural Gas Storage Report (1030 EDT)
Forecast: 80B
Actual: 87B
INDECISIVE
Started @ 3.570 (1029)
1st Peak @ 3.545 – 1031 (1 min)
25 ticks

Reversal to 3.617 – 1035 (5 min)
72 ticks

Extended Reversal to 3.635 – 1101 (31 min)
90 ticks

Notes: Larger gain on the reserve compared to the forecast saw a 25 tick short spike on the :31 bar after the movement on the :30 bar was easily contained within the bracket. The spike crossed the S2 Pivot on the short move, then reversed after about 8 sec. With JOBB, you would have filled short at 3.550 with about 10 ticks of slippage, then seen it briefly hover around your fill point for a few sec before reversing up to the S1 Mid Pivot and stopping you out with a 20 tick loss with no slippage. After the :31 bar, it continued to reverse for a total of 72 ticks as it crossed the PP Pivot and reached the OOD. Then it backed off briefly before an extended reversal of 18 more ticks in the next 26 min as it crossed the R1 Mid Pivot and HOD.

NG 12-13 (1 Min) 10.31.2013

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Mar 242014
 

NG 12-13 (1 Min)  10_31_2013

10/31/2013 Weekly Natural Gas Storage Report (1030 EDT)
Forecast: 35B
Actual: 38B
INDECISIVE
Started @ 3.584 (1029)
1st Peak @ 3.560 – 1031 (1 min)
24 ticks

Reversal to 3.591 – 1031 (1 min)
31 ticks

Extended Reversal to 3.611 – 1042 (12 min)
51 ticks

Notes: Larger gain on the reserve compared to the forecast saw an indecisive reaction on the :31 bar after the movement on the :30 bar was easily contained within the bracket. The spike fell to nearly reach the S3 Mid Pivot for 24 ticks, then reversed for 31 ticks immediately before chopping for the rest of the bar and settling near the origin. With JOBB, you would have filled short at 3.564 with about 10 ticks of slippage, then seen it stop you out immediately for a 20 tick loss with no slippage. After the :31 bar, it backed off before continuing to reverse for another 20 ticks to the 100 SMA and S1 Pivot 11 min later.

NG 12-13 (1 Min) 11.7.2013

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Mar 242014
 

NG 12-13 (1 Min)  11_7_2013

11/7/2013 Weekly Natural Gas Storage Report (1030 EST)
Forecast: 40B
Actual: 35B
SPIKE WITH 2ND PEAK
Started @ 3.584 (1029)
1st Peak @ 3.597 – 1031 (1 min)
13 ticks

Reversal to 3.567 – 1033 (3 min)
30 ticks

2nd Peak @ 3.607 – 1038 (8 min)
23 ticks

Reversal to 3.502 – 1237 (127 min)
105 ticks

Notes: Smaller gain on the reserve compared to the forecast saw an apparent indecisive reaction on the :31 bar after the movement on the :30 bar was easily contained within the bracket. This caused a long spike of only 13 ticks that hit the R2 Pivot and quickly retreated 18 ticks, then rebounded long to hover at the top of the peak for about 20 sec. With JOBB, you would have filled long at 3.596 with about 1 tick of slippage, then had an opportunity to exit near breakeven in the middle of the bar. After the :31 bar, it reversed for 30 ticks in 2 min to the R2 Mid Pivot. Then it rebounded for a 2nd peak of 10 more ticks before settling into a long slow developing reversal of 105 ticks in about 2 hrs to the PP Pivot.

NG 12-13 (1 Min) 11.14.2013

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Mar 242014
 

NG 12-13 (1 Min)  11_14_2013

11/14/2013 Weekly Natural Gas Storage Report (1030 EST)
Forecast: 21B
Actual: 20B
SPIKE WITH 2ND PEAK
Started @ 3.501 (1029)
1st Peak @ 3.545 – 1031 (1 min)
44 ticks

Reversal to 3.507 – 1032 (2 min)
38 ticks

2nd Peak @ 3.560 – 1035 (5 min)
59 ticks

Reversal to 3.508 – 1111 (41 min)
52 ticks

Notes: Nearly matching gain on the reserve compared to the forecast saw a 44 tick long spike on the :31 bar with the movement on the :30 bar being easily contained within the bracket. The spike crossed all 3 major SMAs near the origin and the S1 Mid Pivot at the top before retreating to leave 31 ticks on the wick naked. With JOBB, you would have filled long at 3.526 with about 15 ticks of slippage, then had an opportunity to exit with about 15 ticks as it hovered near the top of the bar for about 5 sec before retreating. After the :31 bar, it continued to reverse for a few more ticks, then rebounded for a 2nd peak of 15 more ticks in 3 min as it eclipsed the OOD. Then it reversed for 52 ticks in the next 35 min, crossing all 3 major SMAs and nearly reaching the S1 Pivot.

NG 12-13 (1 Min) 11.21.2013

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Mar 242014
 

NG 12-13 (1 Min)  11_21_2013

11/21/2013 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -34B
Actual: -45B
INDECISIVE
Started @ 3.711 (1029)
Premature Spike to 3.689 – 1030 (0 min)
22 ticks

1st Peak @ 3.740 – 1031 (1 min)
29 ticks

2nd Peak @ 3.743 – 1036 (6 min)
32 ticks

Reversal to 3.717 – 1108 (38 min)
26 ticks

Notes: Larger draw on the reserve compared to the forecast (and the first draw of the Fall) saw a premature 22 tick short spike :56 sec into the :30 bar that crossed all 3 major SMAs followed by a 39 tick true long spike that reached the R2 Mid Pivot as the bar rolled over. With JOBB, you would have filled short at 3.699 with about 2 ticks of slippage, then seen it hover for 4 sec between breakeven and +10 ticks. If you had exited in that brief window, you likely would have captured about 5 ticks. If you waited into the :31 bar, you would have been stopped out with about a 32 tick loss with slippage. After the :31 bar left 19 ticks on the wick naked, it rallied for a 2nd peak of only 3 more ticks to eclipse the R2 Mid Pivot. Then it reversed for 26 ticks in the next 30 min as it reached the R1 Pivot. Then it chopped sideways between the R1 and R2 Mid Pivots.

NG 01-14 (1 Min) 12.5.2013

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Mar 242014
 

NG 01-14 (1 Min)  12_5_2013

12/5/2013 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -141B
Actual: -162B
SPIKE WITH 2ND PEAK
Started @ 4.006 (1029)
1st Peak @ 4.078 – 1031 (1 min)
72 ticks

2nd Peak @ 4.089 – 1034 (4 min)
83 ticks

Reversal to 4.060 – 1040 (10 min)
29 ticks

Notes: Larger draw on the reserve compared to the forecast saw a 72 tick long spike on the :31 bar with the movement on the :30 bar being easily contained within the bracket. The spike crossed the R3 Mid Pivot at the top and greatly extended the HOD, closing near the top of the bar. With JOBB, you would have filled long at 4.037 with about 21 ticks of slippage, then seen it peak immediately at the R3 Mid Pivot and back to off to chop between 4.055 and 4.021 (R2 Mid Pivot) for 20 sec before it ascended to the end of the bar. The stop at -20 ticks would have been positioned well to absorb the heat with 4 ticks to spare just below the R2 Mid Pivot. A pre-established profit target of 20 ticks would have filled easily, or wait until after 20 sec into the bar for later rally due to the large draw. After the :31 bar, it continued to edge higher for another 11 ticks in the next 3 min. Then it only reversed 29 ticks in the next 6 min back to the 13 SMA and the R3 Mid Pivot. It remained above the R3 Mid Pivot until about 1130 before it finally was able to go lower.

NG 01-14 (1 Min) 12.12.2013

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Mar 242014
 

NG 01-14 (1 Min)  12_12_2013

12/12/2013 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -85B
Actual: -81B
SPIKE WITH 2ND PEAK
Started @ 4.383 (1029)
1st Peak @ 4.357 – 1031 (1 min)
26 ticks

Reversal to 4.407 – 1032 (2 min)
50 ticks

2nd Peak @ 4.347 – 1035 (5 min)
36 ticks

Reversal to 4.405 – 1042 (12 min)
58 ticks

Final Peak @ 4.334 – 1104 (34 min)
49 ticks

Reversal to 4.388 – 1128 (58 min)
54 ticks

Notes: Smaller draw on the reserve compared to the forecast saw a 26 tick short spike on the :31 bar with the movement on the :30 bar barely contained within the bracket. The spike crossed the 50 SMA near the origin, but no apparent barrier at the bottom of the spike. It reversed late in the bar to cross all 3 major SMAs and reach the R1 Pivot. With JOBB, you would have filled short at 4.367 with about 6 ticks of slippage, then seen it chop between 15 ticks of heat and 10 ticks of profit for the first 28 sec of the bar. With a relatively small move of only 26 ticks and after 4 attempts to go lower than 4.357 failed, look to exit near breakeven. It developed into a sine wave that kept swinging 50+ ticks between highs and lows for the next hour. When this trend develops, it offers several opportunities to buy the dips and sell the rips.

NG 02-14 (1 Min) 1.9.2014

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Mar 242014
 

NG 02-14 (1 Min)  1_9_2014

1/9/2014 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -147B
Actual: -157B
SPIKE / REVERSE
Started @ 4.156 (1029)
1st Peak @ 4.192 – 1031 (1 min)
36 ticks

Reversal to 4.142 – 1033 (3 min)
50 ticks

Pullback to 4.190 – 1045 (15 min)
48 ticks

Reversal to 4.129 – 1108 (38 min)
61 ticks

Notes: Larger draw on the reserve compared to the forecast saw a 36 tick long spike on the :31 bar with the movement on the :30 bar barely contained within the bracket. The spike crossed the S1 Mid Pivot and OOD and nearly reached the HOD for 36 ticks. With JOBB, you would have filled long at 4.180 with about 14 ticks of slippage, then seen it chop between 14 ticks of heat and 10 ticks of profit for the first 21 sec of the bar. A target of anything less than 12 ticks would have filled, or look to exit late in the bar just above the S1 Mid Pivot for about 5 ticks. It reversed strongly on the next 2 bars for 50 ticks, crossing all 3 major SMAs and matching a low hit twice in the previous hour. Then it pulled back for 48 ticks in a near double top in the next 12 min. After that the bears won the final fight, dragging it down 61 ticks in 23 min to nearly reach the LOD.

NG 02-14 (1 Min) 1.16.2014

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Mar 242014
 

NG 02-14 (1 Min)  1_16_2014

1/16/2014 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -296B
Actual: -287B
SPIKE WITH 2ND PEAK
Started @ 4.469 (1029)
1st Peak @ 4.366 – 1031 (1 min)
103 ticks

Reversal to 4.400 – 1032 (2 min)
34 ticks

2nd Peak @ 4.358 – 1035 (5 min)
111 ticks

Reversal to 4.421 – 1040 (10 min)
63 ticks

Pullback to 4.367 – 1045 (15 min)
54 ticks

Reversal to 4.486 – 1156 (86 min)
121 ticks

Notes: Slightly lesser draw (but still large) on the reserve compared to the forecast saw a 103 tick short spike on the :31 bar with the movement on the :30 bar easily contained within the bracket. The spike crossed the R1 Mid Pivot and nearly reached the PP Pivot. With JOBB, you would have filled short at 4.442 with about 17 ticks of slippage, then seen it ratchet lower and settle to chop between 4.368 and 4.386. Look to exit somewhere in that area, below the R1 Mid Pivot for about 60 ticks. It backed off about 34 ticks on the next bar, then achieved a minor 2nd peak of 8 more ticks on the :35 bar, reaching the PP Pivot. Then it reversed 63 ticks in 5 min, crossing the R1 Pivot and 13 SMA and nearly reached the 20 SMA. Then it pulled back to reach the original peak in the next 5 min. After that, it turned into a long developing reversal that achieved 121 ticks in a little over an hour, crossing all 3 major Pivots and the R2 Pivot.

NG 02-14 (1 Min) 1.23.2014

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Mar 242014
 

NG 02-14 (1 Min)  1_23_2014

1/23/2014 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -112B
Actual: -107B
SPIKE WITH 2ND PEAK
Started @ 4.812 (1029)
1st Peak @ 4.871 – 1031 (1 min)
59 ticks

Reversal to 4.827 – 1032 (2 min)
44 ticks

2nd Peak @ 4.886 – 1041 (11 min)
74 ticks

Reversal to 4.821 – 1045 (15 min)
65 ticks

Pullback to 4.877 – 1100 (30 min)
56 ticks

Reversal to 4.756 – 1135 (65 min)
121 ticks

Notes: Slightly lesser draw on the reserve compared to the forecast saw a 59 tick long spike on the :31 bar with the movement on the :30 bar barely contained within the bracket. The spike crossed the 100/50 SMAs and the R2 Mid Pivot on the upward path, then peaked on the 200 SMA, before retreating late in the bar. With JOBB, you would have filled long at 4.829 with about 7 ticks of slippage. Look to exit at about 4.860, just above the R2 Mid Pivot with 30+ ticks. This would have easily filled up to 30 sec into the bar. It backed off about 38 ticks as the bar expired, then achieved a minor 2nd peak of 15 more ticks on the :41 bar, briefly penetrating the 200 SMA, but quickly retreating. Then it reversed 65 ticks in 4 min, crossing the R2 Mid Pivot and 100/50 SMAs. Then it chopped sideways and pulled back to eclipse the 200 SMA one more time at the top of the hour. After that, it reversed strongly in the next 35 min for 121 ticks, then continued oscillating with a lower center of gravity.