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Moved SL upto 99.70 on remaining half.

out of half @ 99.70. Move SL to 99.20 on remaining half.

long 99.10

Currently right on the 30 min downward sloping trend line (resistance). Not sure what to make of this either technically or fundamentally! :confused: Some erratic moves in brent this morning as well.

Was thinking exactly the same........ My view - i think we may see a run up into the close, seeing as the end of prayers is not too far from the pit close time, a nice squeeze, and then if nothing major materializes over the weekend, some nice selling opportunities......... :D

Found it on google! (DuH! should have done that first). The times vary depending where in Saudi you are - but the final prayer time (the last one of five) seems to vary from 7.17pm - 8.10pm. This equates to 4.17pm - 5.10pm GMT. Let the fun and games begin!

Hi Guys Quick question if anyone can help....... The so-called "Saudi day of rage" is expected after friday prayers in Saudi. Does anyone know what time this approximately is?? I know that Saudi Arabie is GMT+3, but i have no idea when the prayers will start/finish. Could be worth...

Crazy Crazy moves - were back below 100! CL spiked down to 99.00 (now trading just below 100 and we still have the pit session to go!)

For anyone crazy enough to be trading this beast (and likes technicals) Check out this chart... The arb has just bounced off the 62% fib retracement level from the recent low of -16.60 (03/02) to the high of -7.69 (03/09) Any targets in mind? :confused:

The Saudis? :p

crazy moves in brent this morning. :confused:

Big reversal over the last two days. Spread has come off from its high 2 days ago of -7.81 and today printed a low of -12.99 (a range of over 5 dollars!) :eek:

Holy $hit - that make for an interesting day tomorrow with the Saudi day of rage planned!....... Definitely wont be short tonight.....

106.95 is the week/year/front month high. Looks weak today - but Brent crude is up 2.32, which keeps me from shorting too aggressively - anyone else look at Brent and/or the spread between the two?

-7.81 high today (and closed not too far from that!) Spread is unwinding rapidly!

-9.39 reached today!

-10.96 high on Friday (right near the end of trading). Now the thing is this does this keep going??? :confused:

Oh cool - do you use it? Are you a customer?

Hi All Could anyone that uses CQG (or CQG net) tell me how much you are paying per month. Im based in the UK (but can be based in the US for admin purposes! :) ). It appears that CQG charges a wide range of prices. In London the prices are around 1100 GBP per month, (but at some trading...

Looks like im the only trading this :( Is the spread going to retrace! Brent looks awfully weak today. April spread is currently -12.68 after touching -16.52 2 days ago!