CL Redux
- Thread starter schizo
- Start date
Take profit on half position @ 106.00 (move S/L on remaining half to 106.60)
thanks! got out of half just before the breakdown
but a profits a profit, and I still got half running.Yemen's leader says he will accept transition plan
http://www.cnn.com/2011/WORLD/meast/03/23/yemen.protests/index.html?hpt=T2
STORY HIGHLIGHTS
NEW: Yemeni parliament extends emergency law for 30 days
President Saleh agrees to a new constitution and elections
The opposition previously rejected any plan without Saleh's immediate ouster
Some government, military officials have joined the opposition
The statement said President Ali Abdullah Saleh was "committed to undertaking all possible initiatives to reach a settlement" with the opposition JMP bloc and "prevent any future bloodshed of the Yemeni people."
According to the statement, Saleh "has accepted the five points submitted by the JMP, including formation of a government of national unity and a national committee to draft a new constitution, drafting a new electoral law, and holding a constitutional referendum, parliamentary elections and a presidential vote by the end of the year.
http://www.cnn.com/2011/WORLD/meast/03/23/yemen.protests/index.html?hpt=T2
STORY HIGHLIGHTS
NEW: Yemeni parliament extends emergency law for 30 days
President Saleh agrees to a new constitution and elections
The opposition previously rejected any plan without Saleh's immediate ouster
Some government, military officials have joined the opposition
The statement said President Ali Abdullah Saleh was "committed to undertaking all possible initiatives to reach a settlement" with the opposition JMP bloc and "prevent any future bloodshed of the Yemeni people."
According to the statement, Saleh "has accepted the five points submitted by the JMP, including formation of a government of national unity and a national committee to draft a new constitution, drafting a new electoral law, and holding a constitutional referendum, parliamentary elections and a presidential vote by the end of the year.
Quote from richkela:
Nice trade! Question? Using minute charts (60, 15, 5, 1) I can't determine what got you into that trade. I'm not using tic charts so that may be the reason. Was there some areas on longer term charts that I might be missing. Thanks for your considerations to explain.
Im guessing I actually trade very differently to most of the people on this board. I predominantly trade spreads - both calendars, and WTI-Brent spread. For this particular trade, you could see that the WTI-Brent spread was narrowing fast at the same time the WTI was moving up, the Brent was really struggling to go up, and in fact was ticking downwards. I sold WTI on the back of this observation, ready to buy the Brent contract if the trade didnt work in my favour (thus selling the spread at favourable prices).
Hope this helps. It takes a bit of getting used to, but I find keeping an eye on the Brent chart an invaluable tool.
Cheers
DS
Syria's coming revolution?
http://english.aljazeera.net/indepth/opinion/2011/03/201132113479124674.html
Syrians have embarked on an irreversible path of collective political self-awareness. The slogans of March 15th, "God, Freedom and Syria, period!" cannot be unuttered. They have challenged a culture of complacency, fear and silence.
_
No one will be able to tell with any degree of certainty what will happen in the next few days or weeks in Syria. Will the momentum continue to snowball and bring more Syrians to the streets? Will the regime make an example of Dara'a and show the populace the price one pays for dissent? Or will a critical mass of Syrians decide the time is now for Syria to join its free brethren in Egypt, and Tunisia?
_
One thing, however, is for certain: If Syria does not see a full-blown uprising soon, a culture of dissent has nonetheless commenced. The fear barrier has been broken irreversibly.
_
People are finally realising that they are entitled to what is fundamentally theirs, and like their Tunisian and Egyptian sisters and brothers, they will know what do with it. They will organise and come together and they will learn to build a revolution and a more prosperous Syria.
http://english.aljazeera.net/indepth/opinion/2011/03/201132113479124674.html
Syrians have embarked on an irreversible path of collective political self-awareness. The slogans of March 15th, "God, Freedom and Syria, period!" cannot be unuttered. They have challenged a culture of complacency, fear and silence.
_
No one will be able to tell with any degree of certainty what will happen in the next few days or weeks in Syria. Will the momentum continue to snowball and bring more Syrians to the streets? Will the regime make an example of Dara'a and show the populace the price one pays for dissent? Or will a critical mass of Syrians decide the time is now for Syria to join its free brethren in Egypt, and Tunisia?
_
One thing, however, is for certain: If Syria does not see a full-blown uprising soon, a culture of dissent has nonetheless commenced. The fear barrier has been broken irreversibly.
_
People are finally realising that they are entitled to what is fundamentally theirs, and like their Tunisian and Egyptian sisters and brothers, they will know what do with it. They will organise and come together and they will learn to build a revolution and a more prosperous Syria.
