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hans:
I won't bother to reply to your chest thumping. If you're proud to be
a a broker in the cash market, I'm happy for you. I'll see your 15
years in the cash market and raise you. That wasn't the point.
Someone wanted to know where they could get EOD data to chart. If they
are asking that question here, they are unlikely to be able to buy
Reuters data, because it isn't for sale to them. Their next best bet
would be to look at FutureSource or maybe the Dow Jones version of
TradeStation [But first get some opinions about these platforms]as
their data feed. They could also see a US brokerage house. Some of
them sell their own datastream re-packaged in various time lengths
[hans! You should know this! A chance to make more money from your
brokerage!]. These data streams are usually clean enough for a fairly
representative chart of the market.
But like everything else in life, that's only my opinion. And of
course, I'm not a broker, not even for *1* plus day.
Tim Morge
hans esser wrote:
>
> > hans:
> >
> > I am a professional trader that trades in the cash foreign exchange
> > markets.
>
> Tim - Im deeply impressed !
>
> I trade FOREX since 15+ years and have worked as FOREX broker in the
> interbank market for 8+ years.
>
> > EOD vendors will indeed sell you Citibank's quotes or
> > Morgan's quotes...
>
> EOD vendors (and software developers) will sell you any crap your pay
> for - that doesnt mean it makes sense.
>
> > but you are much better off if you can find a
> > source of a blended feed. Reuters is my feed of choice,
>
> atleast we agree here
>
> > but there are many others. Sorry, what you say just isn't so...
>
> you dont have to be sorry for that - for me FOREX is a professional
> intradday market and not EOD and you cant survive intraday with EOD
> data or with one bank's prices - whether someone offers that or not
>
> rgds hans
>
>
> > Tim Morge
> >
> >
> > hans esser wrote:
> > >
> > > In professionell terms their is no way without REUTERS who have the
> > > FOREX market and their price contributors banks in firm hands
> > >
> > > > When selecting a source,
> > > > if possible, don't rely on one bank, but rather try to get a
> > > > blending, which in the cash market simulates the effect of what
> > > > you'd get from the exchanges.
> > >
> > > Data vendors never offer FOREX data from just one bank but from
> > > multi-contributors.
> > >
> > > rgds hans
> >
>
> ~~~~~
> ....and bear in mind
> that high reward does not come without its partner high risk !
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