CL Redux
- Thread starter schizo
- Start date
I guess big oil funds will digest FMOC notes and the world Markets reaction to that till this week end with chop range 87 to 89 , then 90s decision will be made next week .
InvestVision,
sorry for my lack of knowledge, if possible can you please explain what you mean by "5 MM build up"
did you mean crude inventory report 4.84M
Yes , you got it.
5 MM = 5 Millions barrels
buildup = oil in the storagae increase from last week
http://in.reuters.com/article/idINWEN621920110126
Crude stocks rose 4.84 million barrels last week, according to the U.S. Energy Information Administration's report, more than the consensus forecast. [EIA/S]
5 MM = 5 Millions barrels
buildup = oil in the storagae increase from last week
http://in.reuters.com/article/idINWEN621920110126
Crude stocks rose 4.84 million barrels last week, according to the U.S. Energy Information Administration's report, more than the consensus forecast. [EIA/S]
@riskaddict
I have IB as my broker, but charts are terrible.
Basically I am trying to get good price volume histogram as shown in your charts. I want to still keep IB as my broker , I am ready to pay small montly fee for real time charts&data , appreciate your input on this one.
Here is one idea I have , let me know my best options for these kind of charts.
I am planning to try for a demo account from thinkorswim as shown in this URL below.
https://www.thinkorswim.com/tos/displayPage.tos?webpage=paperMoney
what I am interested is Volume histogram on PRICE as shown on your charts. It seems I need to subscribe to these pro subscription scripts ?? or can I get voulme profile histogram as part of the Thinkorswim paper money account platform itself ?
http://www.thinkscripter.com/indicator/daily-volume-and-tpo-profiles/
I have IB as my broker, but charts are terrible.
Basically I am trying to get good price volume histogram as shown in your charts. I want to still keep IB as my broker , I am ready to pay small montly fee for real time charts&data , appreciate your input on this one.
Here is one idea I have , let me know my best options for these kind of charts.
I am planning to try for a demo account from thinkorswim as shown in this URL below.
https://www.thinkorswim.com/tos/displayPage.tos?webpage=paperMoney
what I am interested is Volume histogram on PRICE as shown on your charts. It seems I need to subscribe to these pro subscription scripts ?? or can I get voulme profile histogram as part of the Thinkorswim paper money account platform itself ?
http://www.thinkscripter.com/indicator/daily-volume-and-tpo-profiles/
Quote from riskaddict:
Its free but very laggy. For instance I had a buy stop at 87.075 and it didn't show up on the chart for about 20 seconds.
(i exited that at 87.30 but it won't go towards my street cred)
Quote from InvestVision:
But I exited long too early
Tell me about it. This happens to me frequently: There's a narrow range/chop day (like yesterday) and I become conditioned to scalp.
But once 86.00 held up this morning via a twin bottom and THEN established higher low support, there was absolutely no reason for me to exit my 86.30 long, because 87.27 (1/24) support was a reasonable initial price target on the day and there were no other significant levels in between.
In fact, there's this diligent day trader I know who posted some important technical price information early this morning. I should've paid more attention to her
