I'm not sure how long that can last. The Saudis have been fucking the Iranians by tying up the oil tankers, but as we've seen with that other article, it's only a matter of time before new tankers come on the market and at that point the Iranians will pump HARD. They need money. They NEED it.
But this is stuff that is so far outside the day frame...
The following user says Thank You to ValueFocused for this post:
Guys I'm kind of confused about which ticker I should be charting on TOS - /CL vs /CLN6. When there is a change of contract, there is a gap in /CL and I was wondering if my technical analysis be still accurate? I would prefer to chart /CL so that all my horizontal price levels are there all the time and I don't have to repeat myself every month.
Thank you for your explanation! It is very helpful!
I'm from Canada so my options are very limited. Currently, I'm with trading212.com and getting killed by their 4.8 spread on /CL. I will be leaving them ASAP. I will be moving to a commission-based platform. I'm currently looking to move to Interactive Brokers. Do you have any particular platform that you recommend?
I tried tradingview.com for charting, although nice initially, it gets clunky when you add a lot of things to the chart. So, that's the reason I use TOS for charting.
Edit: I tried your settings and I still see a gap on 180D 1 hour chart (attachments)
Last edited by goldenboy48; June 11th, 2016 at 04:15 PM.
Broker/Data: Infinity Futures, SierraChart RT Data Feed
Favorite Futures: Mini-DAX, CL, 6E
Posts: 488 since Jun 2010
Thanks: 235 given,
@ goldenboy48 on CL platform
Hi, I experienced the combination of Interactive Brokers TraderWorkStation (TWS) in combination with Sierra Chart as reliable and fast, especially in connection with a good datafeed and not too exotic instruments. CL always worked reliable.
TWS runs side by side with Sierra Chart and connects through Interactive Brokers API (with some annoying glitches caused by Interactive Brokers > look here).
A great option might be InfinityFutures as a specialized futures brokerage offering their InfinityAT in tight combination with Sierra Chart: Futures Charting Software
As a Canadian you also might want to look at CFD which are pretty common in Europe and Australia. Interactive Brokers does not offer CL as a CFD, but there is an option with LMAX and Sierra Chart look here, commission based and very tight spreads.