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This is confusing me: I use Pinnacle EoD data but my broker's trading
platform (PFG BEST Direct) reports from some other data source and there
are differences between the reported OHLC values of each for some
markets.
Some prices match fairly closely while some are miles away.
The following are Monday's prices, all DEC contacts:
10yr T-Notes seem miles out
PFG OHLC of: 110.240/110.245/110.235/110.235
Pinnacle TY: 110.531/110.969/110.391/110.781 (to 3 decimal places) or
110^34 /110^62 /110^25 /110^50 (as 64ths)
T-Bonds do too
PFG OHLC of: 113.3 /114.0 /113.29 /113.3
Pinnacle US: 113.31 /114.25 /113.19 /113.97 (to 2 decimal places) or
113^10 /114^08 /113^06 /113^31 (as 32nds)
Cotton is reasonably close
PFG OHLC of: 60.25 /61.29 /60.13 /61.10
Pinnacle CT: 61.00 /61.25 /60.65 /61.00
British Pound is a bit further out
PFG OHLC of: 201.92 /202.29 /202.16 /202.18
Pinnacle BN: 202.40 /202.82 /202.13 /202.25
Euro
PFG OHLC of: 138.41 /138.45 /138.21 /138.21
Pinnacle FN: 138.14 /138.53 /138.03 /138.42
I am confident that the Pinnacle data is as accurate as it can be, which
is to say accurate in relation to the actual markets as reported by the
respective exchanges - I have checked this very carefully. On the other
hand I cannot get the PFG data to match any market exactly.
OK, that is the problem: now - will it affect me?
When I place a trade the person executing the trade for me would
presumably be at the relevant exchange and would place my stops in
relation to the market, and not in relation to the PFG data.
If this is the case does it matter that my broker reports the
PFG data OHLC? I suspect that it does not matter but I would
appreciate others views on this. Thanks in advance.
--
Warm regards,
Roscoe mail to: Roscoe@xxxxxxxxxxxxxx
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