just wanted to report that Ninjatrader's instrument data for UKCRUDEOIL and USCRUDEOIL CFDs on Forex.com is incorrect.
In both cases the TickSize is actually supposed to be 0.1 (Presently set to 1 for UK Crude Oil and 0.01 on US Crude Oil)
And in both cases the point value is supposed to be 1 (Correct for US Crude Oil, but currently incorrectly set to 10 for UK Crude Oil)
Forex.com uses a strange pricing method for oil, whereby the price is currently presented as 11055.4 - in which the whole number represents the market price in cents and the fractional part is 1-tenth of a cent.
I've attached a screenshot of an order window from Forex.com's own platform which clearly shows the fractional part of the price as 0.1 tick. And a trade trade with a 1 point stop and target showing an expected PNL value of $1.00 per contract.
Comment