[Dinerotrader]

Originally Posted by ektrader »

Hi dinerotrader,

I'm curious to know what you are going to do with all that past data and how it's going to help you. Oil is not something thats' heavily weighted like the S&P or NASDAQ. Maybe I'm wrong and I'll except the fact that it's possible. I just can't think of one reason why 27 years worth of news related data will help you trade todays markets. It's really not that serious. JMO

Happy Trading

Ektrader

I wouldn't be looking for 27 years. More like 5-10 years. I have a fundamental belief that markets do some similar things over time and that you can learn from the past in order to determine what future movements have higher probabilities. I don't have the ability to trade using history but I would like to test some ideas that I have. For example, I would like to look at how oil prices reacted to the weekly oil inventory report going back over the past couple years. To do this I would need tick data since the moves are so fast when inventory comes out.

[ektrader]

Originally Posted by Dinerotrader »

I wouldn't be looking for 27 years. More like 5-10 years. I have a fundamental belief that markets do some similar things over time and that you can learn from the past in order to determine what future movements have higher probabilities. I don't have the ability to trade using history but I would like to test some ideas that I have. For example, I would like to look at how oil prices reacted to the weekly oil inventory report going back over the past couple years. To do this I would need tick data since the moves are so fast when inventory comes out.

I understand your rationale. Thing is, the markets, the economy, and volume levels have changed. Whos' to say that the same speculators and operators from 10 years ago still have interest in oil. Could be a whole new set of players. Anyway, not to discourage you. If that's what you want to do. Good luck with your analysis and your trading.

Happy Trading

Ektrader

[DugDug]

If you buy data from anyone, ensure that they have gone through and made sure the data is clean. There is a lot of stuff that is full of repeated days, gaps, etc;
the good stuff is not cheap. Make sure the data you receive is able to be changed because I guarantee there will be modifications needed.
eg; when is the close. As the exchange says, or the last recorded trade.
eg; when to the futures contract roll over months, to which month.
There will be big gaps.

I would suggest that if you want to look at announcements etc then tick data is overkill, its just noise. a 5 min chart would be plenty....but thats up to you.

[Dinerotrader]

Originally Posted by DugDug »

If you buy data from anyone, ensure that they have gone through and made sure the data is clean. There is a lot of stuff that is full of repeated days, gaps, etc;
the good stuff is not cheap. Make sure the data you receive is able to be changed because I guarantee there will be modifications needed.
eg; when is the close. As the exchange says, or the last recorded trade.
eg; when to the futures contract roll over months, to which month.
There will be big gaps.

I would suggest that if you want to look at announcements etc then tick data is overkill, its just noise. a 5 min chart would be plenty....but thats up to you.

Watch oil next time inventory comes out on Wednesday at 10:30 am ET and see how well a 5 min charts works for you.

[shrike]

Hi Dinerotrade
i've just bought 2 years of data(tick) from HISTORICAL TICK DATA ? Historical tick data for stocks, equities, futures, options, indexes and indicators!
ES and XX , i'm satisfied about the data quality , i've checked with another data and it's all ok .
i sent email, several time,to the support center and always they replied quickly.

Tick Data - Available Futures Data

[Dinerotrader]

Originally Posted by shrike »

Hi Dinerotrade
i've just bought 2 years of data(tick) from HISTORICAL TICK DATA ? Historical tick data for stocks, equities, futures, options, indexes and indicators!
ES and XX , i'm satisfied about the data quality , i've checked with another data and it's all ok .
i sent email, several time,to the support center and always they replied quickly.

Tick Data - Available Futures Data

Thanks for the post. Nice to here from a happy customer before I go spend some money.