It's 40 degrees in Atlanta, which is very cold for this state. I know it's much colder in other states and people have to be using more gas for heating. Can you please explain why the price of ugaz is going down even though the temperature's are very cold and people are using more gas? I'm frustrated because I'm losing money and I don't understand why this is happening. Thanks.
I have 777 shares @ 20.81 sucks to bag hold, only reason I didn't sell was because PDT rule wouldn't let me… Next time I'll make sure I'll have $25,000 in my account…
Thanks for the video man! Sold my DGAZ today and bought a few UGAZ but probably won't be a long hold. Loved the live example you showed. Can you consider making a video on trading options? To a new trader it seems quite confusing.
I really appreciate the clarity of your explanations. Can I suggest you do an option video for beginners at least once a week or as you grow your channel . I don’t know how much time you have to edit your videos but it will certainly will help with diversification of your videos..
Didn’t forget to hit the like button 😂. It’s engrained In my head now.
Thx!! Regarding your strategy on Facebook, how did you know what was a nibbling opportunity, as opposed to simply a downtrend, I guess in other words where was your stop on that trade and how did you determine where that would be / that the trade simply wasn’t going to come back up…? Thanks
Buying dips here Jimmy. Small blocks is key, another sidenote on this polar air dump, when temperatures on NG production fields reach freezing or below freeze offs occur in regards to production. This happens when the water and other liquids on drilling rigs freeze,making drilling unsafe. Currently nationwide we are losing 1.5 to 2 Bcf of NG production per day due to freezing temps. What does that mean? Next weeks NG report will be a doosy. I see top end right now to be about $2.98 NG price. A look at the month chart is showing a potential for forming a head and shoulders pattern. I suspect a pop to about $17 this week on UGAZ on the draw for the EIA report and then NG will do one of two things, bound from there and work its way up again resuming the rally, or complete the head,and shoulders pattern and retreat to about $13.20 (UGAZ). Jimmy would likw to hear your thoughts on the chart. Thanks again for your work, Sunday should be a make or,break for this as the weather model will update again.
It's much better to base all support and resistance…only from the futures charts. 3x ETNs have exposure to options price time decay which continually discounts their Net Asset Values. Using time based indicators like moving averages …on 3x ETNs just adds noiser less reliable data.
Your strategy is similar to mine, and I agree that you should "limp" your way into an entry point, so your not hurting when your bag holding. I like it.
thanks Jimmy you are very helpfull. i sold my ugaz today lost a bit but im gonna wait for comfirmation befor i get back in . will try your nibbling strategy . thanks
Im till learning a bit of technical analysis. I noticed you mostly review with 1day. Do you look at any other interval to help with your decision the start a position.
Love "Nibble" and the photo of the mouse! It's now my new buy-in terminology! I'll bet 10 shares of UGAZ it gets picked up online, becomes a hot new terminology and within a year you'll see Cramer using it!
Great job playing fb. Can you do a more detail video about how to buy call options with order entry ? I think alot of peeps myself included struggle to undsrstand it. Thanks x
A withdrawal of 7bcf tomorrow is projected. From seeinking alpha. 3722 bcf in working gas storage. I'm holding on to what I got, i think ugaz will go up on the first withdraw of the season.
Watching and learning
will the price go down to fill the 2019.10.28's gap?
Perfect , great weather forecast my funds should be settling before the deep chill ….
Sold DGAZ at 114 and bought smaller position on UGAZ at 15.19
I didn't buy ugaz or dgaz today. tomorrow will be different . I did short HTZ $$$$$$
Hey Jimmy! Do you do cash covered calls for UGAZ as well? I tried purchasing nat gas options but my account doesn’t allow me to do so.
It's 40 degrees in Atlanta, which is very cold for this state. I know it's much colder in other states and people have to be using more gas for heating.
Can you please explain why the price of ugaz is going down even though the temperature's are very cold and people are using more gas? I'm frustrated because I'm losing money and I don't understand why this is happening. Thanks.
Will add to my UGAZ long.
Holding 2000 shares of Ugaz at 18:50 expecting a gap up with arctic weather. ….
Hi Jimmy, do you trade UGAZ and TVIX? Will Buying small amount work on this?
Jimmy has a new career as a meteorologist
I'm feeling a bit of pain. In ugaz @ 16.80 with 1500 shares.
I bought way high…and sold waaaay down. Hoping to not repeat that one 🤦♀️
Will UGAZ hit $20 again this year? Opinions?
Well I held it and cried… I really need to up my shorting game 😆. I’m fine… just annoyed
Remember we have over a month until winter… it's the middle of fall. Thursday might be a nice surprise.
I have 777 shares @ 20.81 sucks to bag hold, only reason I didn't sell was because PDT rule wouldn't let me… Next time I'll make sure I'll have $25,000 in my account…
Thanks for the video man! Sold my DGAZ today and bought a few UGAZ but probably won't be a long hold. Loved the live example you showed. Can you consider making a video on trading options? To a new trader it seems quite confusing.
At about 1:15ET today out of nowhere NG took a plunge. Was there news or some report issued at that time?
I'll be adding shares if UGAZ goes below 15 tomorrow. Hoping Thursday's report is promising!
I’m new to UGAZ but what’s your experience about how high this may go during the winter months
Hi Jimmy,
I really appreciate the clarity of your explanations. Can I suggest you do an option video for beginners at least once a week or as you grow your channel . I don’t know how much time you have to edit your videos but it will certainly will help with diversification of your videos..
Didn’t forget to hit the like button 😂. It’s engrained In my head now.
can you make a video about options. The basics at least
Nibble sounds just fine Jimmy haha. Thanks for the update!
Today was the coldest morning of the year here in Texas. Next week low is supposed to be around the 50s so idk about a pop in ugaz anytime soon 😕
Thx!! Regarding your strategy on Facebook, how did you know what was a nibbling opportunity, as opposed to simply a downtrend, I guess in other words where was your stop on that trade and how did you determine where that would be / that the trade simply wasn’t going to come back up…? Thanks
Buying dips here Jimmy. Small blocks is key, another sidenote on this polar air dump, when temperatures on NG production fields reach freezing or below freeze offs occur in regards to production. This happens when the water and other liquids on drilling rigs freeze,making drilling unsafe. Currently nationwide we are losing 1.5 to 2 Bcf of NG production per day due to freezing temps. What does that mean? Next weeks NG report will be a doosy. I see top end right now to be about $2.98 NG price. A look at the month chart is showing a potential for forming a head and shoulders pattern. I suspect a pop to about $17 this week on UGAZ on the draw for the EIA report and then NG will do one of two things, bound from there and work its way up again resuming the rally, or complete the head,and shoulders pattern and retreat to about $13.20 (UGAZ). Jimmy would likw to hear your thoughts on the chart. Thanks again for your work, Sunday should be a make or,break for this as the weather model will update again.
Bought in too high still holding..having doubts..😔 about If we'll ever get to 22.
It's much better to base all support and resistance…only from the futures charts. 3x ETNs have exposure to options price time decay which continually discounts their Net Asset Values. Using time based indicators like moving averages …on 3x ETNs just adds noiser less reliable data.
Breath in, breath out. Blue is blue. It is winter, it will last awhile. People will use NG. Buy low. Sell high.
Sold 1/3 Friday and 2/3 asap Monday pre market and am just observing for now . Bought fcel at .2995 and jcp at .89 and happily observing them.
I like when you say nibble lol
UGAZ got me crying like a baby teething.
Your strategy is similar to mine, and I agree that you should "limp" your way into an entry point, so your not hurting when your bag holding. I like it.
thanks Jimmy you are very helpfull. i sold my ugaz today lost a bit but im gonna wait for comfirmation befor i get back in . will try your nibbling strategy . thanks
How do you turn the trades on so that bubble shows up?
UGAZ Investors: Just wait for the NG report first withdrawal this Thursday. The prices going to jump back up
Thanks for the breakdown appreciate your TA as always..🙏
Great channel!!!
I wait all day to see your opinions.
Great job…🙂
Im till learning a bit of technical analysis. I noticed you mostly review with 1day. Do you look at any other interval to help with your decision the start a position.
I would like you to make a video about option-contracts. The last part of you video was interesting.
Love "Nibble" and the photo of the mouse! It's now my new buy-in terminology! I'll bet 10 shares of UGAZ it gets picked up online, becomes a hot new terminology and within a year you'll see Cramer using it!
Great job playing fb. Can you do a more detail video about how to buy call options with order entry ? I think alot of peeps myself included struggle to undsrstand it. Thanks x
Next day….someone musta gone outside and found out it is winter…sips some coffee and buys more UGAZ
What you think of today's move sir .
A withdrawal of 7bcf tomorrow is projected. From seeinking alpha. 3722 bcf in working gas storage. I'm holding on to what I got, i think ugaz will go up on the first withdraw of the season.
These chart do not match UGAZ !!!!
Great vids, thanks much!
No video today 11/13
Nibble nibble away Jimmy! lol Lets keep making money with UGAZ
I'll be waiting for tomorrow's video. Can you go LIVE before the report???