If its Order Flow one needs to watch. Jigsaw is one of the finest tools out there.
however typically order flow or the sense of it when seen on the DOM is intimidating if looking at it 1st time.....unless already good with the concepts and have watched DOMs in the past.
hence per mho if someone just does 14days....may not really get a sense of the tool. And if not savvy with OF...will be just numbers flashing on the DOM. Like everything takes time to learn n digest..so does tools.
i can vouch for amazing support ....its been yyyyears since i got this. However Pete recently spent more than an hour or two on some stuff i was facing with no expectation for any future business.
cheers n goodluck
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I have not looked at the video but your tool should help you answer simple questions like price is testing the prior day high at 2186.25 do i fade or wait for a break and take the PB for more continuation? Price makes an impulsive move up and retraces to the VWAP or VPOC do i take the PB at this level? Price chops around the 1 min. opening range and value is overlaping this area with a slight bias down, what do i do... wait for more info or take a trade at the open after an impulsive move to the downside etc etc etc.
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Softsoap when I bought Jigsaw in May I made the commitment to myself that I would really put in the effort to learn it. I'm usually one to get something, use it half-heartedly then jump to something else. I'm trying to change that pattern.
Even if you pick up one thing from it ie. absorption and learning how to spot an iceberg order it will help your trading within a short time.
Check out the PATS thread where I have been posting my SIM trades and I include markups in the DOM to explain why I entered or exited:
Thanks everyone for the advice, you guys have been extremely helpful.
I'm going to make my purchase on Monday so I get the most out of that 14 day period.
I have 2 questions that are data-related that I didn't see on the FAQ:
Is the data from IB good enough? or do I need to get non-filtered data?
My understanding is you need additional data to run the DOM properly, my current subcriptions on IB data are:
CME (GLOBEX) Level II Non-Professional
US Securities and Futures Value Bundle
Will I be able to use all the jigsaw products properly or do I need to subscribe to a new set of data?
I trade the NQ by the way.
PS- I started watching some of the videos and wow I can honestly say I am very impressed. I'm a visual learner so I love video formats. I got a lot to watch this weekend!
Yesterday's excellence is today's standard and tomorrow's mediocrity
Unfortunately IB data is definitely not good enough. Which of course is a pain, and means additional expense - I subscribe to IQ feed which then powers Ninja, which I have only started using so I could install Jigsaw (you can use IQF on the free Ninja : Ninja will try to direct you towards Kinetik which is fine, but you do have the option...)
Pete Davies/Jigsaw will shortly be releasing a stand alone edition which cuts out the need for running Ninja. But you will still have to pay for a quality data feed.
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