IGINDEX rolled over. They base their front month on volume traded. That might be causing the confusion.
Thanks. Missed all of the directional move. So it is nice to see a set-up that stands a chance of making some money.
I am holding a 1 CL contract from 47.38. Stopped moved to break even. I am hopoing it breaks the neckline of this double top, in which case...
Also dollar weakening
There are many good books on the subject by people with no allignment to wall street or the arabs. I recommend 'The End of Oil' by Paul Roberts....
I am afraid to say your are in for a very big shock my friend. The only long-term supplies of 'oil' are shale based and suffer from production...
Forget 40 years, try 15-20 maybe less. We will be using electric vehicles but the cost of changing away from an oil based economy will be...
Well the $ is key. It was only 1998 when oil traded at $15. We have a very large build in spare capacity and lots of new non-OPEC supply coming...
I am not shorting until we break the uptrend line which is currently at 4360 or so. I have closed my USO position taken a few weeks ago for...
OPEC to keep production levels steady By MarketWatch Last update: 12:43 p.m. EDT March 15, 2009Comments: 1SAN FRANCISCO (MarketWatch) -- The...
Doea anyone know what time the OPEC announcement will be?
Well tomorrow is comic relief so any profits I make tomrrow are going to charity. Knowing my luck i'll have a monster day after a slow week!!
I have to take my hat of to you. Excellent call. I had called for $50 as well but was wavering considering the extent of the retracement and...
Gold is looking bearish now. It has broken its intermediate trendline and fallen back into its long-term down-trend channel. The last move...
I moved my stop to 928 and got out for a small gain. Looks like the bull move in gold may be over and we have a new intermediate downtrend. I...
Looking at the chart it seems we may retest the $50 upper range. Oils rising trend is suprising me considering this absolutely appauling...
This is a good move. You don't have to give up trading though. Just one thing, now you are getting a job, you'll be paying tax and hate...
Thanks but I can't take credit I got it from Sunday's shadowtrader broadcast! I just used a spead bet.
I think you missed it. I am long from 905 a couple of days ago. It hit a confirmed intermediate trendline and the $900 mark. If it breaks the...
Yes I meant MAY-JUNE. Just added to it as well. I don't think there is any risk of this going into backwardation unless there is a major short...
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