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The eSignal Forex feed has its problems... Only three days ago we had
the Fed meeting which ended at 2:15pm ET. You might be interested to
know what happened to that feed at this most crucial point in time:
punctually at 2:00pm the eSignal forex stopped working, leaving me
completely clueless about my positions (except for my broker's feed
which continued to display quotes). Then at about 2:30 when most of the
action was over, the eSignal forex feed came back on, not without
leaving a large hole in the chart.
Also be aware that some (most, actually) forex brokers have a "request
for quote" mechanism by which they control, at the moment you place the
order, what quotes are being shown to you as current. Easy to slip in a
pip or two... If you go for retail forex, look for a broker that offers
"straight through processing".
Hope this helps.
Michael Suesserott
redbean17@xxxxxxxxxxxxxx wrote:
>At 04:24 AM 9/24/2004, you wrote:
>
>
>
>> Anyone have a suggestion for the best Forex trading site/online
>>broker? There are a number of them, but who has real time experience with a
>>firm that they can recommend?
>> Many thanks in advance
>> JohnO
>>
>>
>
>first, take a look at TASC, 6/04, "forex trading platforms and the real world."
>if you don't subscribe, buy the article on line for about $4.
>then forget about retail forex trading platforms.
>too much juice in their prices.
>cme forex futures are far more efficient.
>euro fx has good liquidity (for retail) and usually a one tick spread on
>hard bid/ask prices.
>and real trade volume on the data feed.
>trade at interactive brokers (or others) for dirt cheap commisions.
>get a good data feed for cash market action.
>esignal offers a forex cash market feed (bids only w/o volume) from over
>200 dealers, not just one.
>that's my two cents.
>
>red beans
>
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