Jigsaw Trading & RapidTraderPro, www.jigsawtrading.com - Vendors and Product Reviews | futures.io
futures.io futures trading


Jigsaw Trading & RapidTraderPro, www.jigsawtrading.com
Started: by MWinfrey Views / Replies:60,723 / 188
Last Reply: Attachments:7

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 7  
 
Thread Tools Search this Thread
 

Jigsaw Trading & RapidTraderPro, www.jigsawtrading.com

  #21 (permalink)
Elite Member
near Paris, France
 
Futures Experience: Beginner
Platform: -
Favorite Futures: -
 
Nicolas11's Avatar
 
Posts: 1,070 since Aug 2011
Thanks: 2,232 given, 1,726 received

Hi,

I am currently learning tape/DOM reading and Jigsaw Trading products have aroused my interest.
All the more as they have been recommended to me by a full-time DOM trader.

Is anybody using Jigsaw products and willing to share his/her view?

In which aspects to they make a difference compared to "normal" tape and DOM?
(Of course, I have read the description of the products, but which features have you found to be a real "bonus" in your actual trading?)

Do these tools also help in the learning curve of tape and DOM reading (more useful screentime)?

Do you use the tools alone, or in combination with other things?

If some one has used them and stopped, why?

Thanks in advance for any feedback

Nicolas

Reply With Quote
 
  #22 (permalink)
Elite Member
annapolis USA
 
Futures Experience: Intermediate
Platform: Ninja, MC, Sierra, Amibroker
Broker/Data: PFG (too bad), IB, Fidelity, AMP
Favorite Futures: ES, NQ, Equities, Forex, Etc.
 
greenroomhoo's Avatar
 
Posts: 276 since Jun 2011
Thanks: 107 given, 221 received

I bought Pete's stuff and i believe it was worth every penny. First i thought i would use the reconstructed tape exclusively to confirm entries in my own plan. But i have recently shifted toward using his version of the DOM which is a bit overwhelming when you first look at it...there are a ton of numbers and it is intimidating at first. But i started watching it around my setups and what i found was that the change in the limits in the book - which his tool shows in real time - was very valuable information for me.

Without going into mind numbing detail, it allowed (i have been sidelined from trading for the last month for personal reasons) me to really cut some trades short that ultimately would have hit my stop. This aspect worked great on the currencies (6A, 6B and 6E) and some of the indices (NQ, ES, but not TF or YM fyi) for me. I use it to confirm entries and assist in my money management on trades.

I now watch Pete's DOM and Summary tape on each setup and am still leaning. He also has lots of good free learning in his forums. for 300 or so $$$ its a no - brainer. When I bought it, i did so with the mindset that i was buying a "tool" that would take me years to master/learn. being a 'part timer' i found it added value within thirty days.

Watch his DOM around key levels for several hours a day and it will make sense. Now what would be astounding would be if you could actually trade on his DOM ....cmon Pete - i know you can do it.

thanks
Duncan

Reply With Quote
The following 6 users say Thank You to greenroomhoo for this post:
 
  #23 (permalink)
Elite Member
Asheboro, NC
 
Futures Experience: Intermediate
Platform: NT, TOS
Broker/Data: Mirus,ZenFire
Favorite Futures: YM
 
Ken F's Avatar
 
Posts: 15 since Feb 2010
Thanks: 140 given, 22 received


I bought the Jigsaw products about 4 months ago. Only get to trade live at this time about one day a week but Pete's
products are basically all I have on my charts. The DOM hasn't helped me as much as the reconstructed tape has but
that's probably because I trade a thin market. I use 2 recon tapes and just a couple of lines of the summary tape .
Pete has answered any questions I had promptly and has a ton of free info on his site.
Still struggling to understand all its potential but of all the indicators I have purchased in the last 3 years, this is
the only lot I would purchase again if I had to.

Reply With Quote
The following 3 users say Thank You to Ken F for this post:
 
  #24 (permalink)
Elite Member
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,381 since Nov 2010
Thanks: 725 given, 7,211 received
Forum Reputation: Legendary


Ken F View Post
this is
the only lot I would purchase again if I had to.

Well - that could be arranged....

Reply With Quote
 
  #25 (permalink)
Elite Member
LONDON UNITED KINGDOM
 
Futures Experience: Advanced
Platform: SC
Broker/Data: IB
Favorite Futures: NQ
 
Posts: 30 since Jan 2010
Thanks: 1 given, 26 received

jigsaw trading

Futures Edge on FIO

Which products do you trade?

 
tried the product, after awhile your eyes go crazy watching all those numbers go up and down, same for my trading buddies, better idea ! some programmer should attach the prints and the dom sizes as they change on the actual chart, something like the GOM delta ladder only for T&S prints and DOM bid ask volume size

Reply With Quote
 
  #26 (permalink)
Elite Member
near Paris, France
 
Futures Experience: Beginner
Platform: -
Favorite Futures: -
 
Nicolas11's Avatar
 
Posts: 1,070 since Aug 2011
Thanks: 2,232 given, 1,726 received

Hi @euroventure,

Is your comment (too many figures going up and down) targeted at Jigsaw products in particular or tape/DOM reading in general?

I mean...

By design, it seems to me that there are less figures on Jigsaw tapes compared to "normal" tape. Simply because the reconstructed tape is an aggregation, and the summary tape is... a summary.

With respect to the Depth & Sales, for sure there is more information than on an "usual" DOM. But isn't it the reason of the very existence of this tool? (bringing relative persistence to the DOM). When we buy a product which gives information, it is not abnormal that... it gives information. By the way, all columns may be hidden in order to keep only the additional information that you need.

Do not misinterpret me. I am not criticizing your criticism. Just trying to see if your feeling is coming from the tools or from the field (tape/DOM) in general.

Nicolas

For the sake of transparency: I am not associated with Jigsaw but I am a (recent) client.


Last edited by Nicolas11; September 18th, 2012 at 04:10 AM. Reason: correction of typo
Reply With Quote
 
  #27 (permalink)
Elite Member
annapolis USA
 
Futures Experience: Intermediate
Platform: Ninja, MC, Sierra, Amibroker
Broker/Data: PFG (too bad), IB, Fidelity, AMP
Favorite Futures: ES, NQ, Equities, Forex, Etc.
 
greenroomhoo's Avatar
 
Posts: 276 since Jun 2011
Thanks: 107 given, 221 received

its not a tool you can look at for a week or two and fully comprehend it. You really have to be committed to using it to find it valuable.

After 6 months of watching it around every one of my "setups" i have found patterns and "feelings" from watching it. It has kept me out of some full stops and kept me out of some winners. However, i can now sense when my entry is going to stop me lowering my average full stop from 10 or 11 ticks to 5 or 6 ticks.




euroventure View Post
tried the product, after awhile your eyes go crazy watching all those numbers go up and down, same for my trading buddies, better idea ! some programmer should attach the prints and the dom sizes as they change on the actual chart, something like the GOM delta ladder only for T&S prints and DOM bid ask volume size


Reply With Quote
The following user says Thank You to greenroomhoo for this post:
 
  #28 (permalink)
Elite Member
annapolis USA
 
Futures Experience: Intermediate
Platform: Ninja, MC, Sierra, Amibroker
Broker/Data: PFG (too bad), IB, Fidelity, AMP
Favorite Futures: ES, NQ, Equities, Forex, Etc.
 
greenroomhoo's Avatar
 
Posts: 276 since Jun 2011
Thanks: 107 given, 221 received

Today my biggest winner on NQ was "almost a setup" on my charts. By that I mean it was not quite an ideal entry that i was watching and, exercising good discipline, i was holding myself back from entering.

I was watching Pete's DOM and the rhythm of the bids and offers being pulled. All of the sudden it just "felt" very heavy and I knew it was going down. Entered and had a nice runner.

I also took another trade that by my rules would have been a full stop. Using Pete's tools I did not like the action on the DOM when it was in my favor by a couple of ticks and I limited my way out. Without Pete's tools i would have just sat their waiting for my stop to get hit.

Disclaimer - I have spent A LOT of time staring at these things.

When i first bought Pete's stuff - my monitor was 90% charts and 10% Pete's stuff. Now i am 50 - 50 as i stare more at Pete's tools than my charts.

I actually think the 6A and 6E are the easiest to use these tools on.....they are not as jumpy as NQ or TF.

Reply With Quote
The following 6 users say Thank You to greenroomhoo for this post:
 
  #29 (permalink)
Elite Member
Asheboro, NC
 
Futures Experience: Intermediate
Platform: NT, TOS
Broker/Data: Mirus,ZenFire
Favorite Futures: YM
 
Ken F's Avatar
 
Posts: 15 since Feb 2010
Thanks: 140 given, 22 received

As I said in an earlier post, I bought the Jigsaw package for my PC. Due to my wife's health, we will be spending the next couple of months in Houston, Texas. I emailed Pete, explained my situation and asked about purchasing the indicators for my laptop. He emailed right away and gave me the new indicator package.

Thanks Pete, your a class act.

Reply With Quote
The following 3 users say Thank You to Ken F for this post:
 
  #30 (permalink)
Elite Member
Tampa, FL
 
Futures Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: 6E, M6E, 6J
 
Xav1029's Avatar
 
Posts: 1,374 since Dec 2011
Thanks: 1,452 given, 3,338 received

Great Package


I usually code all my own indicators, but became really interested in Pete's Depth&Sales tool. I contacted him and he set me up with a free trial. After using the products for a couple weeks, I decided they were worth every penny he charges (This is the ONLY tools/indicators I have ever spent $ on)

Reconstructed Tape: There are many "reconstructed" TS tools out there, and a lot of them are great tools(@vvhg 's aggregateTS comes to mind). This tool has a couple features that gave it the edge in my book. The first feature is being able to see the size of the Bid/Ask when a trade is reported, and the second is the ability to split Bid and Ask in separate windows. I personally have 3 TS windows open, 1 with all trades,1 Bid, and 1 Ask. Sometimes having the trades split this way make it easier to see size and levels being penetrated. The window with all the trades gives me the "flow" of the tape, which is pretty important during active periods.

Summary Tape: I don't really use this tool too much because I can't feel the flow like the regular tape. Maybe I'm just used to a regular tape, but I can't get used to this tool. However, I do use the tool. The iceberg feature is the main reason I use this tool. Maybe seeing it used in a live trade might sway my opinion, but for now I keep this window minimized and use it as an iceberg hunter

Depth&Sales: This is my favorite tool in the package, and is in a tight race between it and MP for my favorite tool. If Pete added VA levels and VWAP to Depth&Sales, it would win my award for the best tool out there This tool is a DOM on steroids. It is a combination of MP, DOM, T&S, and Delta. I'm sure this much information can be overwhelming, however if you already pay attention to MP, LII data, TS, and Delta, this puts it all on one screen.

I consider this package a set of tools, not an indicator package. There is no buy here sell there signals, just A LOT of information that can be very useful if you are used to using that information. I am no pro, and do not claim to be one, but I can say that these tools add to my trading rather than distract me from what the market is actually doing.

Xav

London Calling
Reply With Quote
The following 12 users say Thank You to Xav1029 for this post:

Reply



futures.io > > > > Jigsaw Trading & RapidTraderPro, www.jigsawtrading.com

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Jigsaw Trading's Peter Davies - Ask Me Anything (AMA) Big Mike Vendors and Product Reviews 318 January 14th, 2017 06:07 AM
Looking for advice on trading set up for JIGSAW Sim trading Trambo Beginners and Introductions 3 November 7th, 2016 09:02 AM
$TICK Jigsawtrading like traderkcrq NinjaTrader Programming 1 September 4th, 2015 06:17 PM
Webinar: Trading the Chop using Jigsaw Trading Tools Big Mike Vendors and Product Reviews 34 July 22nd, 2014 02:01 AM
Spot FX Day Trading: The Jigsaw mokodo Trading Journals 242 November 18th, 2013 05:18 PM


All times are GMT -4. The time now is 10:22 AM.

no new posts
Page generated 2017-01-22 in 0.17 seconds with 20 queries on phoenix via your IP 54.205.13.200