|
PureBytes Links
Trading Reference Links
|
Dear Khalid,
Let me explain why he was rude.
I specifically identified the Dow Jones feed in my answer to "volume" in
FOREX. I did not say the the tic volume was normal for everybody but
specifically for the Dow Jones feed. I was trying to be helpful and did
not expect to be attacked.
Now read his answer to me in effect telling me I don't know what I am
talking about and changing the content of what I said.
Do I understand that the prices and just indications? Of course I do - I
helped develop the database for Teletrac in 1989-90.
Do I know what the "volume" number represents, you bet I do.
I don't mind when someone disagrees or questions me. I do mind when the
tone is rude.
Best regards,
Manning Stoller
Khalid M. Mirza wrote:
> I don't think Hans answer was rude. What's fair is fair. Take it
> easy man. His answer was straight forward.
>
> Regards,
> Khalid M. Mirza
> Houston, Texas, USA
> kmirza1@xxxxxxx
>
> -----Original Message-----
> From: Manning Stoller <mstoller@xxxxxxxxxxxxx>
> To: he96@xxxxxxxxxxxxxx <he96@xxxxxxxxxxxxxx>
> Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> Date: Sunday, May 31, 1998 8:42 PM
> Subject: Re: daily data collection
>
> >You can sure Hans Esser that I will never bother to try to help
> you in the future.
> >You response to me was extremely rude and unappreciated.
> >
> >Manning Stoller
> >
> >
> >
> >hans esser wrote:
> >
> >> Manning Stoller wrote:
> >> > If you are using Dow Jones Tradestation (now Bridge Telerate
> >> > tradestation), the new day starts at 22:00 GMT and goes
> until 21:58 the
> >> > next day. Volume is posted
> >>
> >> Volume cant be posted as there is NO such thing for FOREX -
> PERIOD !
> >>
> >> > and represent the price changes.
> >>
> >> Thats not volume, but number of ticks !
> >>
> >> > Normal for the DM would be around 4,500 a day.
> >>
> >> There is nothing "Normal for the DM" - thats just the number
> of ticks *you* get
> >> on *your* DJ Tradestation - and if someone receives LESS or
> MORE ticks in
> >> FOREX it hardly matters, as its not LAST trade (as from a
> FUTURES
> >> exchange), but *just* a price indication from a bank - and in
> FOREX to have
> >> MORE ticks doesnt mean its a better feed - in difference to
> regulated FUTURES
> >> markets.
> >>
> >> FYI, ystd I had on my DBC feed - 9500 ticks for the DEM
> >>
> >> - is that normal ? No, there is no normal
> >>
> >> - is that better than BMI ? No, there is no better
> >>
> >> Do I recommend DBC - NO, its useless on FOREX !!!
> >>
> >> > Open interest refers only to the futures market and not to
> any cash market.
> >> >
> >> > Hope this helps.
> >> >
> >> > Manning Stoller
> >> >
> >> >
> >> > hans esser wrote:
> >>
> >> No, I didnt write that - I wrote the answer to that question
> >>
> >> rgds hans
> >>
> >> > > > I am new to TS and experienced a problem with dayly data
> collection. I
> >> > > > collect FOREX data and there are some days where no open
> price for a
> >> > > > day collected and also no volume and open interest. So I
> need to
> >> > > > manually edit daily data after the session. If anybody
> can point me
> >> > > > what's wrong - really appreciate. Thanks. Dmitry
> >> > >
> >> > > FOREX is a 24 hour market - it does NOT stop or START
> during the week -
> >> > > any decision to set whatever times as settings to make
> DAILY charts is
> >> > > just random and will be different on a other part of the
> world.
> >> > >
> >> > > EOD chart for S&P looks (nearly :-)) the same everywhere -
> but for FOREX
> >> > > it can be real different.
> >> > >
> >> > > There is not such thing as VOLUME or OI on that market at
> all - for days
> >> > > you have it - BIN IT !
> >> > >
> >> > > rgds hans
> >> >
> >> >
> >> >
> >
> >
> >
> >
|