So... it was not a new idea. But it was a good idea!
Thanks for this compliment, but it is a bit embarrassing when you also have received answers from real specialists as @DionysusToast. (To put things clear: I'm aware that he is a vendor. I know nothing about his products except having a look on his Web site. I do not even have NinjaTrader.)
I have been researching/trading full time for 10 months.
My journey is described in my journal.
To put it short, my path has been: automation --> indicators --> price action --> supply/demand -> ...
Recently, I have decided to change my trading completely, and switch from a "bar-to-bar" approach to "only trade at pre-defined levels of interest".
I was looking for "triggers" to enter a trade at a pre-defined level.
It is how I discovered delta, footprint, tape reading, DOM reading, market-making, micro-structure, etc.
I entered into this world only a few days ago. It is really a revelation for me.
I do not trade yet from this basis. I am now in a learning phase.
But I am pretty sure that it will be the core of my trading when I will resume.
Probable instruments among: DAX, 6E, CL, ES, YM, TF, GC, SI (not all at the same time - I will choose later)
Best wishes for your trading,
The following user says Thank You to Nicolas11 for this post:
I have now got that DionysusToast himself Peter ( jigsawtrading ) .. as I have sent him an email before 3 days.
Thanx Peter for your website which was my first place to read about such subject .. great.
thanx Nicolas for your help.
Honestly : I'm using Sentiment in my Analysis and I trade only ES where I find myself to start FEEL the ES in my Unconscious.
Anyhow : May we take our discussion here a step further ..
Do T&S help us to trade the bigger timeframes ( like 1 hr , 2hr , 4 hr ) as I feel that trading mini timeframes ( 1 min , 5 min ) is nervousy and I feel that it doesn't make sense to trade mini timeframes ?
I'm not sure if am right , but that what i feel about trading mini timeframes ( or : let me say that it does not suit my mentality ).
let us discuss each one ability to use T&S data for catching nice moves ( and lets make specialy for ES ).