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Trichet mentioned "Strong Vigilence" in his press conference. One of his code phrases prior to a potentially near rate rise. See the following link: http://ftalphaville.ft.com/blog/2011/02/03/478326/the-ecbs-code-words/ Made some nice cash as soon as I heard the magic words!! :D

some crazy moves in brent in that last half hour!! :confused:

Dammit - got spoofed by the retrace to the highs! AAaaaargh :mad:

Out 102.15

short 102.20

I was referencing the ICE Brent contract which had started to fall , and looked like the high was in place. (Doesnt always work - but this week has been great to have the Brent chart up as a leading indicator)

Out at 101.35

Moved stop to 101.75 (lock in 20 ticks) and let that baby ride!

short 101.95 (stop at new high 102.37)

Stopped out at B/E

Ooops i posted the wrong link (from the same site). I think this article is pretty informative. (this is an older article from the same site - but note that both articles are written by different authors) http://www.marketoracle.co.uk/Article26578.html Obviously DYOR! im not calling...

So boring - rangebound and could break big either way. Stepping away from my desk so will put Stop in at 100.35 (B/E) and see what happens! Good day all.

Good analysis of the energy markets currently http://www.marketoracle.co.uk/Article26609.html

Short 100.35

100.26 high print in CL.

2 dollar candle in the last 30 mins! WTF!

Brent is flying, WTI lagging as usual :mad:

A crazy day coming up.... http://www.dailyfx.com/real_time_news Daily FX real time news feed has just tweeted (unconfirmed) rumours of violent protests in Saudi Arabia :eek:

Nice article regarding the recent WTI_Brent disparity http://www.eia.doe.gov/todayinenergy/detail.cfm?id=290

http://news.sky.com/skynews/Home/World-News/Iran-Opposition-Leaders-Mirhossein-Mousavi-And-Mehdi-Karoubi-Arrested/Article/201102415942823?lpos=World_News_First_Home_Article_Teaser_Region_1&lid=ARTICLE_15942823_Iran:_Opposition_Leaders_Mirhossein_Mousavi_And_Mehdi_Karoubi_Arrested Not sure how...