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They are not the only one. Google " crude oil 200 day moving average" and you will see news report reffering to it

Its not on my charts either but according to 3 different sources its 7670-7680 is what they are seeing. One example: http://countryhedging.com/getdocument.asp?key=13897&type=PDF

You know 7670-7680 is the 200day ma

Must be the gambler in me. The markets been bullish so that is the reason. I traded in and out after the number so I will stop out below lod and be even on the day.

Im just going by technicals on the day so far. One thing is when it pops (if) it need to take out overnight high. If not then it will go lower

I have been since 7614 so im betting it all on the spin of the roulette wheel

That only happens in options. In futures you just get out the day before expiration and your fine (latest). FYI, some contracts you have to get out before first notice, if not you can be assigned. For example cbot products have first notice before expiration. But nymex products have expire...

Yes, rolls are happening now. But I do not change over until they change over in pit. This coming Monday they will start trading august as primary.

Yes, I tend to not do too well near expiration.

430 every tuesday is api, its used as a rough gauge. the eia is the respected report

Im going to assume that the bulls will try to close above 7670

Last post in regards to NG. Natural Gas is used for cooling of commercial buildings. CL related 7670 is 200dma

Best thing to do is throw your bias out the window if you are daytrading. When oil hit the 89 high of the this year there was record inventories in the eia reports. Cushing has been adding more storage cause they were at full capacity. Eventually fundementals took over but it took 1.5months for...

:p Sounds like im being a dick but there is very little fundemental relation in energy markets. Think back to all the times that you have seen good news come out and then the market tanks. The way most markets work now is position for the news then sell or cover when it comes out. Look at what...

Sounds like your investing, not trading. If your wanting to trade energy you might want to read the book "The Logical Trader" by Mark Fisher. Or subscribe to www.chartwhiz.com .. This is a technical market that is mostly run by the daytraders. You might want to sim trade for a month or so, if...

It was Tradestation. Everything is consistant again

Nope still on July. I think they are lagging at Tradestation

My data is inconsistant across 2 different platforms. I have not seen any data that matches what you just posted. Called broker and they said everything is great. PIsses me off cause I would have a filled order on ts but was excuting on turbo. Gonna get out and call it a day

Can someone tell me the high of the current 5minute bar?

The bull goal is to pullback to get shorts in then run the stops past the tl resistance along with fresh buying