Comments on: Where can I get intraday forex data? http://theessentialsoftrading.com/Blog/index.php/2008/10/28/where-can-i-get-intraday-forex-data/ Information and resources for those looking to learn about trading and the markets Wed, 23 May 2012 13:10:54 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: John http://theessentialsoftrading.com/Blog/index.php/2008/10/28/where-can-i-get-intraday-forex-data/#comment-14584 John Fri, 17 Jul 2009 15:50:13 +0000 http://www.theessentialsoftrading.com/Blog/?p=638#comment-14584 David - All good points. I would make one correction, though. By definition, when you're talkings spot forex prices it's all "indicative". The only actual "traded" price data comes from the exchange for futures. Also, indicative doesn't have anything to do with how many contributors there are to a price feed. The term I think you were looking for there was "aggregated". David – All good points. I would make one correction, though. By definition, when you’re talkings spot forex prices it’s all “indicative”. The only actual “traded” price data comes from the exchange for futures. Also, indicative doesn’t have anything to do with how many contributors there are to a price feed. The term I think you were looking for there was “aggregated”.

]]> By: David Succaria http://theessentialsoftrading.com/Blog/index.php/2008/10/28/where-can-i-get-intraday-forex-data/#comment-14581 David Succaria Fri, 17 Jul 2009 02:40:22 +0000 http://www.theessentialsoftrading.com/Blog/?p=638#comment-14581 Good points. It appears you might have been backtesting on a dataset called "Indicative" which just refers to many many sourcescombining to the quote. It is unrealistic becasue an individual or institution for that matter wouldn't have a credit line with all of them. Indicative datasets also are "fatter" and wider than would otherwise be the case in real trading. You should try these people www.ForexTickData.com They offer a host of different datasets, tick, interval, best bid/offer so you can really drill down your research. Plus supplemental cost of carry rate data which can be the real hidden cost of trading for overnight positions. Just my 2 cents. Wish you the best trading. Regards - David Good points.

It appears you might have been backtesting on a dataset called “Indicative” which just refers to many many sourcescombining to the quote. It is unrealistic becasue an individual or institution for that matter wouldn’t have a credit line with all of them. Indicative datasets also are “fatter” and wider than would otherwise be the case in real trading. You should try these people http://www.ForexTickData.com

They offer a host of different datasets, tick, interval, best bid/offer so you can really drill down your research. Plus supplemental cost of carry rate data which can be the real hidden cost of trading for overnight positions. Just my 2 cents.

Wish you the best trading.

Regards – David

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