Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: June Crude/At Support
In Response To: June Crude/At Support *PIC* ()

Trades,
Thanks for the chart. It's all due to that freakin' USD. It is climbing again this morning after the Greeks declared another election again - this time with the Communists in the lead and gaining power. The rush to the USD will continue and comms will again get trashed. It seems that everything is a knee jerk reaction to the USD - so the key is to watch it closely. I was tempted to join Lee in shorting the Euro - but waited for the Greek announcement. Of course, the fact that Euroland is now in a depression certainly adds fuel to the bears in WTIC.

Best!