BlackBull Markets Now Offering Natural Gas On MetaTrader 4
BlackBull Markets Now Offering Natural Gas On MetaTrader 4
BlackBull Markets is pleased to announce that we now offer Natural Gas as a trading option on our Metatrader 4 platform. On MT4, you can find it under the symbol NGAS.
Natural Gas is a popular option for those looking to trade commodities, due to its volatility. It also happens to be commission free, which is always a bonus.
Here are some tips on what to look for when trading natural gas:
Weather- The price of natural gas shifts due to factors such as the weather, which can be capitalised on by smart traders.
Storage- the availability of storage affects supply and demand.
Alternatives- It is important to observe other forms of energy as well, such as solar and wind energy, which are becoming more popular.
Economic Growth- this will drive up the price for natural gas as demand increases.
Suppliers: the largest natural gas producers are BP, Royal Dutch Shell and Gazprom. It is worth looking at these companies in order to see how much gas they have.
USOIL: traders often look at NGAS in line with Crude Oil, as the strategies used to trade both commodities are very similar.
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