Why is ForexPeaceArmy Economic Calendar so rubbish these days ?

drwho

Recruit
Messages
2
There was a time when the FPA Calendar was pretty good and you could click on an icon to see the historic changes for previous news releases. Now it's just totally useless and their laughable historic data is a waste of space. In fact most economic calendars are pretty basic these days. What we need is a comprehensive one that shows what happened to a variety of pairs in the past. Someone is missing a trick here....
 

Pharaoh

Colonel
Messages
20,114
I think you partly answered your own question. Most calendars aren't nearly as full-featured as they used to be, so this isn't just an FPA think.

A big part of the problem is that fast and reliable news data sources are expensive. Getting a data source like this that allows using the data in public is even more expensive.
 

drwho

Recruit
Messages
2
I think you partly answered your own question. Most calendars aren't nearly as full-featured as they used to be, so this isn't just an FPA think.

A big part of the problem is that fast and reliable news data sources are expensive. Getting a data source like this that allows using the data in public is even more expensive.

Sure I see that but none appear to offer the look back functionality that there used to be with, say, NewsTraderPro (not the newer auto clicker of the same name) or even NewsImpact, both of which appear to have stopped working. I found seeing how the markets reacted in the past in such a clear fashion as in NTP was a huge help but no one appears to do it at any price. Great shame.
 

Pharaoh

Colonel
Messages
20,114
I have a suspicion that at least some of the paid newclickers were using a single person license for a fast news feed to trigger trades for multiple clients, in violation of the terms of the contract.

But then again Doctor, why not just get in your TARDIS, jump to the first day of next month, take screenshots of all the results, and then come back and place the trades? :D
 

bigdolly

2nd Lieutenant
Messages
1,155
I think you partly answered your own question. Most calendars aren't nearly as full-featured as they used to be, so this isn't just an FPA think.

A big part of the problem is that fast and reliable news data sources are expensive. Getting a data source like this that allows using the data in public is even more expensive.
However a good part of the question remains unanswered. Where's the old good calendar where we can see reaction of an asset price to a news release?
 
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