Sunday, November 27, 2011
Trade: +30 /NGG2 @ $3.698
This was a contrarian play on myself. I wanted to sell 30 contracts but instead I bought 30 contracts. The dollar and NatGas have an interesting relationship, but not only that we are entering winter and conflict has been brewing off of the Brazilian coast.
That gap concerns me, though I'm buying into the JAN contracts (/NGG2)
I have some interesting directional positions I'm looking at mainly regarding commodities so stay tuned.
Posted by Admin at 9:30 PM