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Good source for Fundementals/News

  • #1
  • First Post: Oct 25, 2006 6:31am Oct 25, 2006 6:31am
I am looking at subscribing to a real-time service. I just wondered what was the best service, without paying over-the-odds. I have heard of Trade-The-News, are there any others to try?

Regards,

dsb104
Forex rules
  • #2
  • Oct 25, 2006 6:35am Oct 25, 2006 6:35am
im a TTN fan as you can see here...

http://www.forexfactory.com/forexfor...ead.php?t=8592
Relax and be happy.
  • #3
  • Oct 25, 2006 6:43am Oct 25, 2006 6:43am
Thanks.

It doesnt seem too bad. Its only $40 without audio. 4 pips on a 100k lot per month. Otherwise its trading blind really.
Forex rules
  • #4
  • Oct 25, 2006 7:04am Oct 25, 2006 7:04am
I recently "re-subscribed" to TTN.

If you are a fundamental/news trader, TTN is worth the money....

You can signup for a free 1 week demo and see if you like it...
Dont expect them to deliver the news 5-10 seconds earlier. TTN will deliver the news as they receive it - NOT before.
  • #5
  • Oct 25, 2006 7:11am Oct 25, 2006 7:11am
The slackers! with enough $40 subscriptions and sufficient will, you'd think they'd be able to distort the time space continuum for a few seconds to get a lead on the data releases!
"Always bet on black"
  • #6
  • Oct 25, 2006 7:15am Oct 25, 2006 7:15am
Yes Tradethenews seems a worthy service. I read on another posting it beat the spike on durable goods last month. Does this often happen?
Forex rules
  • #7
  • Oct 25, 2006 7:17am Oct 25, 2006 7:17am
get a demo with

FXSOLDOTCOM FOR MTI NEWS FEEDS REAL TIME
MGFOREXDOTCOM FOR DOWJONE NEWS WIRED REAL TIME

Both are very good
  • #8
  • Oct 25, 2006 7:29am Oct 25, 2006 7:29am
Quoting dsb104
I read on another posting it beat the spike on durable goods last month. Does this often happen?
my advice is dont sign up for TTN to "beat the spike". because no matter how fast you get the news, your going to get your ass kicked trying to beat spikes thats about the worst time possible to trade. you will end up complaining about your brokers and spiral into a deep dark depression LOL.

imho TTN is best used to stay informed of the market conditions. this is why i like the audio so much better than the text. you actually have to take a moment to look and read the text, but the audio is automatic and doesnt disrupt your normal trading activities.

oh and btw, if you really want to play with the spikes, audio is much faster than text
Relax and be happy.
  • #9
  • Oct 25, 2006 7:41am Oct 25, 2006 7:41am

http://www.measureformeasure.co.uk/a...182ruspike.jpg

he tried to catch the spike

"Always bet on black"
  • #10
  • Oct 25, 2006 7:41am Oct 25, 2006 7:41am
Quoting dsb104
Yes Tradethenews seems a worthy service. I read on another posting it beat the spike on durable goods last month. Does this often happen?
Most of the time, the spike ALWAYS beats me.

Honestly, sometimes you will get the news before the spike. How often? Cant say.. I am far too busy deciphering the numbers and charts to remember and count them...
  • #11
  • Oct 25, 2006 8:10am Oct 25, 2006 8:10am
Quoting merlin
im a TTN fan as you can see here...

http://www.forexfactory.com/forexfor...ead.php?t=8592
i read your comments Merlin and someone said that the FOMC got reported early last time, was that the Sept 20th 2006 FOMC news day because there was a 40 pip drop 2 minutes before the 1:15 the time the news was suppose to come out but i thought it was a headfake? Then it reversed 70 pips
Ghost Swoopen in for my pips while no one is lookin !!
  • #12
  • Oct 25, 2006 8:18am Oct 25, 2006 8:18am
Quoting abobtrader

http://www.measureformeasure.co.uk/a...182ruspike.jpg


he tried to catch the spike



this is now our official news spike logo!!!
Relax and be happy.
  • #13
  • Oct 28, 2006 12:40pm Oct 28, 2006 12:40pm
Quoting Ghostpipper
i read your comments Merlin and someone said that the FOMC got reported early last time, was that the Sept 20th 2006 FOMC news day because there was a 40 pip drop 2 minutes before the 1:15 the time the news was suppose to come out but i thought it was a headfake? Then it reversed 70 pips
Wow, headfake is right. Who is your broker?
  • #14
  • Oct 29, 2006 7:33am Oct 29, 2006 7:33am
Hey guys-if u really want to beat the spike, u gotta get in before the news is announced...
  • #15
  • Oct 29, 2006 7:36am Oct 29, 2006 7:36am
LOL newstrader sounds like you are still on a high from your stellar calls last week
Relax and be happy.
  • #16
  • Oct 29, 2006 8:49am Oct 29, 2006 8:49am
Quoting abobtrader
The slackers! with enough $40 subscriptions and sufficient will, you'd think they'd be able to distort the time space continuum for a few seconds to get a lead on the data releases!
You are really Mr.Bean aern't you. That is very funny. Thanks.
  • #17
  • Nov 1, 2006 10:05am Nov 1, 2006 10:05am
Does anybody know a news service that provides some kind of API? I mean the ability to integrate their data feed to custom program.
Ben
  • #18
  • Nov 1, 2006 10:11am Nov 1, 2006 10:11am
Quoting Benf
Does anybody know a news service that provides some kind of API? I mean the ability to integrate their data feed to custom program.
Bloomberg or Reuters have API but will cost alot - Bloomberg is $1700 per month with 2 year minimum contract and Reuters is a little cheaper I think.
  • #19
  • Nov 2, 2006 6:12pm Nov 2, 2006 6:12pm
Quoting NewstraderFX
Hey guys-if u really want to beat the spike, u gotta get in before the news is announced...
True, but the big question is what direction to enter the trade (if at all) since you don't know what the actual number is going to be like...
  • #20
  • Nov 3, 2006 5:45pm Nov 3, 2006 5:45pm
I catch virtually every spike.

my earlier post on this subject was removed. I read the rules and saw I can't mention a company because I have less than 50 posts.

Basically I use a company [who I will not mention this time] that sends an audio signal with a buy or sell at news time. I get the signal before the spike almost every time. They claim to have a direct feed to the news source which would explain the speed.

I mention this because earilier in this post it is being said it can't be done. It can be done. I'm doing it!

But even though this thread is about best news providers, and I'm using one that is making me good money, and this forum is about making money, and the people on it are looking for ways to make money, I cant tell you who the company is because I have less than 50 posts. Meanwhile the guy in post 18 above mentions "Bloomberg or Reuters" and he only has 16 posts. ??
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