CL Redux

Quote from riskaddict:

I was wrong but I was right. Covering one week to the day at 100.25 not paying attention to anything seems to really help me.
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That worked out well. Good for you.
 
S&P futures are hardly budging from these incident at this time ( down 1point), we may infer the following

1/ stock markets are NOT expecting slow down of economic recovery due to japan earth quake - bull for oil ( economic recovery is on path is bull for oil )

2/ stock Market is not expecting Saudi protest impact , if they do Market would have shown negative - Bear for oil. ( eroding Saudi fear premium )

So we got +1 , -1 for oil from these 2 incidents from stock market reading
I know this is too early as much of the day is ahead .. But some thoughts ....

Quote from BCE:

Crazy times with all of the Middle East issues, Saudi Day of Rage today, massive earthquake, nuclear plant shut downs. tsunamis, etc.


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Quote from InvestVision:

http://www.marketwatch.com/story/tsunami-warning-issued-for-several-countries-2011-03-11
SYDNEY (MarketWatch) -- A tsunami warning has been issued for
Russia, Taiwan, Indonesia and Papua New Guinea

following a massive earthquake in Japan on Friday, according to reports.
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I was the last couple of weeks in Pulau We and Banda Aceh in Sumatra, Indonesia, where the tsunami hit the worst and it was no joke. Met some survivors, the vast majority of who had lost most relatives. Few foreigners at the time there because of the martial law in Aceh so Thailand got most of the attention.

This barge was thrown repeatedly on the land, ending up 4 km (2.6 miles?) inland.

---

Good trading/skill to everyone and congrats to Nod on her soon-to-be-obsolete personal record :)
 

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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 being aware of the timing of this.

Cheers

DS
 
Quote from Daxspreader:

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 being aware of the timing of this.

Cheers

DS
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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!
 
Quote from Totalizator:

SAudi ARabia protests.. again buy the rumor and sell the fact
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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
 
Quote from Daxspreader:

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
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come on, if there was going to be protests it would have been during the day.

the Libyan situation however is not over.
 
long .26

stop at .12

trading blind (no data in TWS)

target 102-ish

will add after/if breaking decisively 100.70-ish

:17 stop tightened to .19

:18 stoped out at .17 (-9 ticks; 106th BE/loss)
 
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