CrimsonMacaw 

I asked this question in another thread, but I thought I would ask here as well. Does anyone here who uses the Jigsaw order flow tools (such as the DOM and the Tape) use them for position/swing trading, and if so, how useful do you find them to be? I know that DionysusToast is mainly a intraday trader/scalper, but are there any well known position traders who use these tools?

IMHO the D&S definitely can be used for swing trades. When you arrive at the trade execution stage needing fills the D&S is extremely helpful.

When a long trade can I enter on a limit and make sure I get the price I want?

Or, do I need to enter on a market and get filled possibly over a small range?

Both of these questions are answered from the D&S.

Again if a long, are the bids being hit and chewing through or are the offers being lifted more in the area you are looking to participate in? How depth are the bids and are they being reloaded? Do you see the queue emptying or almost at your price(s)? If so place a limit. But, if the bids are just touched upon quickly and we lift back to the offers you would want to go market to get filled.

Obviously the reverse for a short.

For a swing/position trade you would just be looking at this tool for maybe a few minutes. Unlike if you are scalping.

Ron


Sent from my iPhone using Tapatalk

guys how many levels of Market Depth do we have now on JS while using DOM.

paps 

guys how many levels of Market Depth do we have now on JS while using DOM.

hi paps - the levels in JS are configurable but they are actually driven/restricted by the Exchange's limits.

For instance, on CME exchanges you typically have a max of 10 levels. On Eurex you have 20.


Hope it answers your question.

@DionysusToast
Thanks for today's platform update with the Reconstructed tape now having the latest PriceSquawk integration.
The online help manual is nicely done too.

paps 

guys how many levels of Market Depth do we have now on JS while using DOM.

That really depends on the market/feed. There's no specific limit in the Jigsaw tools but the default is 10 levels.

matthew28 

@DionysusToast Thanks for today's platform update with the Reconstructed tape now having the latest PriceSquawk integration. The online help manual is nicely done too.

No problem!

Big Mike 

Hi guys, It is my pleasure to welcome back Peter Davies of Jigsaw Trading for a webinar on Thursday, August 25th @ 4:30 PM Eastern US. The topic is "Getting Started in Scalping/Ultra Short Term Trading". The term 'scalping' now covers many different styles of trading with one common trait. You are in and out of the market in a very short time period. Frequency of trades is usually but not always high. In this webinar, we'll look at specific techniques for short term trading and why you might want to consider using these techniques. - The benefits of short term trading - Market making techniques - Market state – when to scalp - The role of correlated markets - Scalping volatility - Scalping around volume - Scalping around depth/front running the front runners - Scalping mid-leg absorption - Scalping around high visibility areas - Stops – definitely not what you think Register for the event (space is limited): https://on.NexusFi/1jzye Mike

Please note, it is first come first served in the webinar. Currently we have ~700 members signed up, and our room capacity is only 500 people. Don't join late...

Mike

amoeba 

Stand Alone App Hi Pete, Great work with your recent updates to JigSaw, as a 2yr user it has really continued to give great value. I was wondering if you have any plans to make the application standalone without platform integration? I'm using SierraChart, but still run ninja just for JigSaw tools.

DionysusToast 

Yes - in about 2 months we should have a version out to test

matthew28 

Will the standalone platform be able to pull data out of the currently supported charting packages, say taking data from Ninjatrader, and not require a seperate data feed such as DTN IQfeed?

DionysusToast 

No - it'll be direct to the feed, no other platform required.

Everyone, please see this other thread for the new webinar on the Jigsaw Standalone app:

Jigsaw Trading, Daytradr and Journalytix, www.jigsawtrading.com Hi guys, It is my pleasure to welcome back Peter Davies from Jigsaw Trading on Monday, September 26th @ 4:30PM Eastern US. This webinar takes a look at the Jigsaw Tools in a stand alone environment. Historically, the Jigsaw tools have been plug-ins …

That webinar is on Sep 26. Registration details are in the post linked above.

Mike

Big Mike 

Please note, it is first come first served in the webinar. Currently we have ~700 members signed up, and our room capacity is only 500 people. Don't join late... Mike

I'd just like to add... there can be people that may sign-up 'just in case' but don't turn up for the webinar...... I know because I am one of them but if I know I can't make it I tend to cancel my reservation, which should make room for others.

Room is open. Webinar will start at 4:30 PM EDT. Space is limited to 500 and we have over 750 registered. So connect as soon as you can to ensure your spot.