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Jigsaw Trading, Daytradr and Journalytix, www.jigsawtrading.com

  #91 (permalink)
 
squ1d's Avatar
 squ1d 
Houston, TX/US
 
Experience: Intermediate
Platform: Ninjatrader, T4, RightEdge
Trading: Oil
Posts: 96 since Feb 2013
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At this point in time I consider D&S a must have. It's an incredible DOM.

I'm not sure it gives an edge by itself, but the information in there is invaluable at times. You can clearly see iceberg orders, and other things that are simply useful when timing the market.

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  #92 (permalink)
 humseper 
copenhagen
 
Experience: Beginner
Platform: ninjatrader
Trading: ES
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Can the jigsaw tools be used for forex trading?

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  #93 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
Thanks Given: 1,683
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humseper View Post
Can the jigsaw tools be used for forex trading?

I'd assume it can be used on futures based on Forex like the E6, but since the Forex market doesn't have volume I don't know how it would be of any advantage.

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  #94 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


euroventure View Post
WHEN JT FIRST STARTED VENDING THE PRODUCT A FREE TRIAL WAS THE NORM, NOW YOU PAY FOR THE PRODUCT WITH A MONEY BACK GUARANTEE, MY POINT IS THE POLICY SPELLS OUT HOW GOOD THE PRODUCT ACTUALLY IS

how long ago was that?

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  #95 (permalink)
TheDude
london
 
Posts: 165 since Jan 2012
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Sorry if this isn't the correct thread for my question which is to do more with T&S in general, and not a comment re jigsaw (I have never used and do not use it - but it sure looks like a useful tool). I am just posting this here because the contributors seem to know - or will appreciate T&S issues more than say a FX trader commenting who doesnt/cant even use T&S.

Anyway - here goes.....

Ive noticed using several different platforms (TT and CTS) that often the Volume at Price - or Market Profile as some scalpers like to call it does not correspond with T&S.

eg 1467.25 may have a volume of 15,678 contracts traded there so far. You see 200 trade on T&S, but when you look at the MP/V@P, it now reads 16,020 or something.

Odd?

Well the explanation is that the exchange tends to send out updates now and then. (Eurex, CME, LIFFE anyway). Also, spread trades are going off, as well as wholesale trades (cross, blocks, EFP's etc) that tend to get reported later.


So apart from the wholesale trades, how useful is T&S if it's not so accurate? At an estimate, maybe T&S reports say 80%. I just find it annoying when I see MP increase by say 2000, just to see T&S report a 50 lot or something when I want to see how many were bought or sold.

Thoughts.....

?

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  #96 (permalink)
 
Kairos's Avatar
 Kairos 
Frankfurt, Germany
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Currency, Futures
Posts: 6 since May 2011
Thanks Given: 6
Thanks Received: 25

What Product do you use for T&S and Volume Profile? I am pretty sure that the Jigsaw tools add it up correctly, at least the Depth and Sales does and this is what I am using. I have the the T&S (Jigsaw) up but I don't really look at it, I do the math in my head which is not a big deal after watching the DOM for several months. Maybe Peter the great has an answer for you but I completely trust this product!

Edit: Sorry I just saw that you mentioned using TT and CTS (I had a couple of beers and I am watching the Us Open so please forgive me) I would be very surprised if the XTrader would not be accurate but I have never used it before because it was too expensive and after Jigsaw there was no turning back for me! So I can't really comment on that...

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  #97 (permalink)
TheDude
london
 
Posts: 165 since Jan 2012
Thanks Given: 43
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Thanks Kairos - to be honest, I dont really think Jigsaw would help. I dont thinks it's a data feed issue or a platform issue (TT, CTS or Jigsaw). I do have an IQ Feed (who also white label as Kinetic for you NT users), and I'm pretty confident it's comparable with TT and CTS. Therefore I'm sure Jigsaw would also be comparable with TT over the internet...

My question is really around the premise of using any T&S, or the usefulness of T&S in general given T&S doesnt seem to report all trades.

Apparently, my investigations to date lead me to believe there are 2 ways to distribute data. One is via TCP/IP which apparently is slower and will not get all the prints, but it is more reliable in that the data will get to you. I cant remember the other protocol - perhaps it native exchange protocol which will vary. Either way, the alternative to TCP/IP is faster, will give you every print, but cant guarantee it will get to you over the internet.

I get the impression most feeds distributed over the internet such as IQ/Kinetic, TT etc will be TCP/IP

Maybe some of the more techie minded people here can comment on the merits of TCP/IP?

I'm getting the idea that traders who trade over the internet are probably better off with TCP/IP feeds, where as if you are sat in a prop firm or similar with a leased line/direct connection, you'll go for non TCP/IP and get everything.

Am I making any sense?

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  #98 (permalink)
 
Kairos's Avatar
 Kairos 
Frankfurt, Germany
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Currency, Futures
Posts: 6 since May 2011
Thanks Given: 6
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08-29 ES Looking at Recon [AUTOLINK]Tape[/AUTOLINK] - YouTube

This answers your question I think, even though you don't get all trades reported you can see when the tape gets faster and this is the reason why I like it.

Hope that helps

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  #99 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
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This has been discussed at length and in great detail here:

~400 replies or so



Mike

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  #100 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
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I am pleased to announce that we have added Jigsaw Trading to our Elite Partner program.



This means that Elite Members can receive a 10% discount off the purchase of a Jigsaw Lifetime License.

Note: Big Mike Trading does NOT receive compensation for these referrals, we simply worked out these special deals to help our Elite Members who have chosen to support the site. Even though we believe these are great products and services, you should always do your own research before doing business with a company.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
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Lifetime Elite Membership: Sign-up for only $149 USD
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Report problems with the site: Using the NexusFi changelog thread
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