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trade from USA but 5 DAX problems happen to you? 1-mess up your account with Euro and USD coverting? 2-effect available for margin amounts because of converting back and forth? 3-your p&l feature on your platform does not confiqure for both euros and USD...only for one? 4-bad, very poor...

believe new'super resistance' of Oil is $130.00

5-Days 127.94 20-Days 126.44 CL already under these 2 current MA's...$120.00 price is next, once taken out...watch for more downfall...if closes under $125.00...then $125 becomes resistance and $120.00 support...until $120 brokern through...bearish CL move continues...

this quote is from the article link below... "Crude oil speculators on the New York Mercantile Exchange cut their net long positions in half last week as prices began to fall, according to CFTC data. Net crude long positions fell to 25,867 in the week to May 27, from 50,060. "...

thanks Sniemiec...will check it out...INow

thanks...very interesting...

cool..lets watch it tonight..best to you

Tropical Storm Arthur...cause CL to go higher when open Sunday night June 1st?...read here...could cause a pop... http://www.cnn.com/2008/WORLD/americas/05/31/ts.arthur/index.html

http://news.yahoo.com/s/afp/20080531/bs_afp/opecenergyoilkhelil_080531162328;_ylt=Ang4WJEKzXQ4mLkhNoYYcBiAsnsA great read above...

thanks Gyles...I honestly just love studying and researching (and trading) the Crude Oil market...I enjoy seeking to understand the correlation between OIl, Euro, Dollar and equity prices and various world situations that effect Oil prices...based on everything I have read and researched and my...

obviously a break of the 20 day MA is more profound as there are more days (20) to get this number than (5)...

Its Friday May 30th 10:49 PM New York Time... The 5 and 20 day CL moving averages are providing support and resistance..watch for breakthroughs of either...but...I remain bearish Oil... 5-Days 129.21 20-Days 125.94

well at least under $100.00...

CL 20 Day MA of $125.90 about to be breeched....look for more downside if dips and even closes under this number...bearish set-up...

"But the magnitude of the day's price decline suggested to some analysts that the bullish momentum that pushed prices over $135 as recently as one week ago may be running out of steam. "This was the first time we've had a bearish reaction," to news that in the past would surely have driven...

looking for $120 to be broken short term...will be back in the $115-$120 trading range..

shorted 1 CL contract today for profit (real $$$ trading and not SIM)

I never said blah, blah, blah, blah...me, out

one CL trade today...:08 seconds long...net profit $80.00

note this Energy Report May 28 http://www.alaron.com/energy_report.aspx?blogmonth=5&blogday=28&blogyear=2008&blogid=80