CL Redux

sorry to hear that
Who is the broker ? You can ask for review of time and sales
There should credit you back , if your stop reached broker
Quote from Daxspreader:

Jesus stop didnt trigger! out 108.42

serious pain felt on this one
 
April 6, 2011, 11:00 a.m. EDT
Oil holds to gains after EIA inventories report

SAN FRANCISCO (MarketWatch) -- Crude-oil futures held on to gains Wednesday after a weekly government report showed an increase in oil inventories, with prices ticking up immediately after the report but then trading lower than before the data. Analysts polled by Platts had expected an increase of 1.3 million barrels. Crude for May delivery (NEW:CLK11) added 24 cents, or 0.2%, to $108.53 a barrel on the New York Mercantile Exchange. It traded at $108.64 before the data. The Energy Information Administration reported crude inventories rose 2 million barrels in the week ended April 1. Gasoline supplies decreased 400,000 barrels, and distillates supplies increased 200,000 barrels
 
http://www.reuters.com/article/2011/04/06/markets-energy-nymex-idUSN0630296520110406

* Muammar Gaddafi is using human shields to foil air strikes on his
forces, NATO officials said. [ID:nLDE7342BL]

* Bahraini firms have fired hundreds of mostly Shi'ite Muslim workers
who went on strike to support pro-democracy protesters, an opposition group
said, in what appeared to be part of a government crackdown.
[ID:nLDE73425B]

* Gulf Arab ambassadors were to meet Yemen's opposition to urge them to
join mediation talks as protesters around the country again demanded an
end to President Ali Abdullah Saleh's 32-year rule. [ID:nLDE7350IS]

* Saudi Arabia has lowered the price of its flagship Arab Light crude
oil in May to customers in the Mediterranean area from Sidi Kerir, an
industry source said. [ID:nLDE73510L]

* UAE Oil Minister Mohammed bin Dhaen al-Hamli said OPEC member
countries recognized the world economy was fragile, but could do little to
control a market that was not driven by supply and demand. [ID:nWLA7422]

* Yields rose sharply in Portugal's short-term debt auction,
intensifying pressure from local lenders and ratings agencies to seek a
bailout. [ID:nLDE7350HL]

* Revised euro zone fourth quarter gross domestic product was unchanged
at 0.3 percent growth.

* German February industrial orders rose 2.4 percent, higher than the
0.6 percent expected but down from January's 3.1 percent rise.


MARKET NEWS
* The euro rose to a 14-month high against the dollar, but the yen
extended a steep decline, amid expectations that the European Central Bank
will start tightening on Thursday. World shares ticked higher. [MKTS/GLOB]

* Copper rose to its highest in about a week, as the euro scaled
multi-month highs against the dollar and on prospects of better commodity
imports data from China. [MET/L]

* Gold rallied to a record high, powered by a slide in the dollar and
by ongoing investor demand for safe-haven assets. [GOL/]
 
Quote from bigsnack:

Oh, and I was poking around youtube for "live CL trades", and caught wind of a great channel, where this guy has been posting his trades that are based off of his broker telling him what to do. All the entries are based on PA and volume, and they are killer. Very cool, and very simple. No, I don't know this guy, and I have no affiliation with the mystery broker either.

http://www.youtube.com/user/SimpleAndHard

Interesting. I would like to see him trade this week though.
 
Quote from BCE:

Strong little sucker isn't it.

Certainly is - bit of a turn around too. Now Brent has come off more than a dollar from its high, and CL is off only 60 cents!

Swings and roundabout as they say :confused:
 
This last leg up to .80 came from. Euro strength.

Today down dollar is holding. Oil as someone already pointed out

Quote from InvestVision:

Short. 108.80 , brent not moving much

Edit: Brent $1 down from peak , seems giving up some spread back to CL
 
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