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Re: [EquisMetaStock Group] Forex Data feed



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Oops. Richard, my understanding was that for all 
the liquid pairs, it was the standard norm.
DusantChief Architect<A 
href="">http://www.candlestrength.com/
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Richard 
  Dale 
  To: <A 
  title=equismetastock@xxxxxxxxxxxxxxx 
  href="">equismetastock@xxxxxxxxxxxxxxx 
  
  Sent: Wednesday, March 17, 2004 9:41 
  AM
  Subject: RE: [EquisMetaStock Group] Forex 
  Data feed
  
  <FONT face=Arial 
  color=#0000ff size=2>Hi Dusant - I don't agree with your interpretation 
  here...  It would only be the same if the next tick trades at the same 
  price.  <FONT face=Arial 
  color=#0000ff size=2>A tick represents a trade.
  <FONT face=Arial 
  color=#0000ff size=2> 
  <FONT face=Arial 
  color=#0000ff size=2>Further evidence here.... one of our FOREX data sources 
  which consolidates several interbank trading desks shows:
  <FONT face=Arial 
  color=#0000ff size=2> 
  <FONT face=Arial 
  color=#0000ff size=2>The last trade of USDJPY just before 5pm New York time on 
  16 Mar 2003 was 108.74
  <FONT face=Arial 
  color=#0000ff size=2>The first trade after the USDJPY after 5pm New York time 
  was at 108.73 (this trade was made at 5:00:33pm)
  <FONT face=Arial 
  color=#0000ff size=2> 
  <FONT face=Arial 
  color=#0000ff size=2>Therefore the "open" of 17 Mar 2003 is 
  108.73
  <FONT face=Arial 
  color=#0000ff size=2> 
  <FONT face=Arial 
  color=#0000ff size=2>That being said, the gaps are so miniscule (usually only 
  a few pips on the majors) so such gaps aren't worth worrying 
  about.
  <SPAN 
  class=594355603-17032004><FONT face=Arial color=#0000ff 
  size=2> 
  Best regards,
  Richard Dale.
  Norgate Investor Services- Premium 
  quality Stock, Futures and Foreign Exchange Data for  markets in 
  Australia, Asia, Europe, UK & USA -<A 
  title=http://www.premiumdata.net/ href=""><FONT 
  face=Arial size=2>www.premiumdata.net 
  <FONT face=Arial 
  size=2> 
   <FONT face=Arial 
  color=#0000ff size=2><FONT 
  face=Arial color=#0000ff size=2>
  
  
  From: Dusant@xxxxxxxxxxxxxxxxxx 
  [mailto:dusant@xxxxxxxxxxxxxxxxxx] Sent: Wednesday, 17 March 2004 
  5:43 AMTo: equismetastock@xxxxxxxxxxxxxxxSubject: Re: 
  [EquisMetaStock Group] Forex Data feed
  
  Here I think your data vendor is wrong 
  Jose.
  NY close has to be the next tick's 
  open.
  DusantChief Architect<A 
  href=""><FONT 
  size=2>http://www.candlestrength.com/<SPAN 
  class=594355603-17032004><FONT face=Arial color=#0000ff 
  size=2> 
  <SPAN 
  class=594355603-17032004> 







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