NexusFi: Find Your Edge


Home Menu

 





Is paying the fee to get ICE US data for DX worth it?


Discussion in Currencies

Updated
      Top Posters
    1. looks_one mattz with 2 posts (5 thanks)
    2. looks_two logicalperson with 2 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 paco with 1 posts (1 thanks)
    1. trending_up 1,753 views
    2. thumb_up 6 thanks given
    3. group 3 followers
    1. forum 5 posts
    2. attach_file 0 attachments




 
Search this Thread

Is paying the fee to get ICE US data for DX worth it?

  #1 (permalink)
 logicalperson 
Calgary AB
 
Experience: Intermediate
Platform: NinjaTrader
Broker: GFF Brokers
Trading: Equity Index, Energy, Metals, Currency
Posts: 4 since Jul 2018
Thanks Given: 2
Thanks Received: 1

Hi guys,

I have a question about ICE exchange and trading DX. Does anyone pay the $110+ subscription fee for ICE and actually trade DX? Do we get reliable volume information like with other currency futures on CME, and do you find it is helpful having this price spread and volume data when trading the other currencies since it has an inverse type effect towards anything with USD as the quote currency? I am considering getting it but want to know if anyone with experience finds it worth it or not. Thanks!

Follow me on Twitter Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Quant vue
Trading Reviews and Vendors
Better Renko Gaps
The Elite Circle
Cheap historycal L1 data for stocks
Stocks and ETFs
MC PL editor upgrade
MultiCharts
Trade idea based off three indicators.
Traders Hideout
 
  #3 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,441
Thanks Received: 3,791


ICE does provide all the data information including ticks and volume to those who subscribe to the data.
The DX contact is mainly composed of the 6E contact, so I suggest to consider that as well as a gauge for the US dollar.
I hope this helps.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 logicalperson 
Calgary AB
 
Experience: Intermediate
Platform: NinjaTrader
Broker: GFF Brokers
Trading: Equity Index, Energy, Metals, Currency
Posts: 4 since Jul 2018
Thanks Given: 2
Thanks Received: 1


mattz View Post
ICE does provide all the data information including ticks and volume to those who subscribe to the data.
The DX contact is mainly composed of the 6E contact, so I suggest to consider that as well as a gauge for the US dollar.
I hope this helps.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Thanks for taking the time to respond - I appreciate the help!

Follow me on Twitter Started this thread Reply With Quote
  #5 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,441
Thanks Received: 3,791


logicalperson View Post
Thanks for taking the time to respond - I appreciate the help!

Any time! Have a great week.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past [erfrmance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #6 (permalink)
 
paco's Avatar
 paco 
Sacramento CA/USA
 
Experience: Intermediate
Platform: Ninja, ThinkSwim, Used TS
Trading: ZB - swing, CL -fast , ES confused - exposure and returns order
Posts: 14 since Feb 2015
Thanks Given: 46
Thanks Received: 13

60% of basket is EUR and SWISS .

Commodity countries -- trade different.. They sag on future production uncertainty
CAD/AUS/NZD
Japan and and British -- often their on animals often track EUR.

This table isn't current.. but in the ball park and shows raio how its calculated.


DETAILS.. if you wanted to approximate your own DX nearly

[SIZE="5"]http://forextraininggroup.com/what-is-the-us-dollar-index-and-how-do-i-apply-it-in-fx/[/SIZE][/SIZE]"]http://forextraininggroup.com/what-is-the-us-dollar-index-and-how-do-i-apply-it-in-fx/
-
-

Reply With Quote
Thanked by:




Last Updated on July 25, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts