Global Capital Reserves: Natural Gas Doubles in Eight Days; CFTC Position Limits at Work

Thursday, September 17, 2009

Natural Gas Doubles in Eight Days; CFTC Position Limits at Work

From a low of about 2.400/m BTU, to a high today of about 4.700/m BTU, the price of natural gas has nearly doubled in eight trading days. This is the impact of the onerous new CFTC restrictions on position size limits - higher prices, lower liquidity, more erratic movements.

Recommended Book List

Analyse Technique et Volatilite (english version here)- Philippe Cahen
Analyse Technique et Volatilite - Philippe Cahen
Bollinger on Bollinger Bands - John Bollinger
Candlesticks Explained - Martin Pring
Creature from Jekyll Island, The - G. Edward Griffin
Creature from Jekyll Island, The - G. Edward Griffin
Disciplined Trader, The: Developing Winning Attitudes - Mark Douglas
Dynamic Technical Analysis - Philippe Cahen
Enclyclopedia of Technical Market Indicators, The - Robert Colby
High Probability Trading - Marcel Link
Phantom's Gift
Psychology of Risk, The - Ari Kiev
The Ascent of Money - Niall Ferguson
Trading in the Zone - Ari Kiev
Trading in the Zone - Mark Douglas
Trading to Win - Ari Kiev

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Thursday, September 17, 2009

Natural Gas Doubles in Eight Days; CFTC Position Limits at Work

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