TopstepTrader

Peter Davies

Jigsaw Trading offer a unique set of tools to help traders incorporate Order Flow information into their trading. These tools are in use today by prop traders, ex-pit traders and retail traders.
Find me on:

Recent Posts

S&P Daily Pre-Market Prep 8/9/17

Posted by Peter Davies on August 09, 2017

A big day yesterday - so there's still plenty of traders there. Back to the range though. Hard to have any bias on a day after such a move but as we are at the bottom of the range , we should work our way to the top.

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 8/8/17

Posted by Peter Davies on August 08, 2017

Still sticking in the overall range, close to the top right now so on the lookout for headfakes today before we roll over. 

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 8/7/17

Posted by Peter Davies on August 07, 2017

We are still happily trading the range - I have the range at 61-79.50 but it's more art than science - so around those areas.

Settlement on Friday was 1 whole tick away from Thursday settlement. So this is all pure intraday speculation in my opinion.

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 8/4/17

Posted by Peter Davies on August 04, 2017

Market still in the same range, it'll break at some point of course but until it does - same rules apply!

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 8/3/17

Posted by Peter Davies on August 03, 2017

Still in the narrow range and still rotating around it.

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 8/2/17

Posted by Peter Davies on August 02, 2017


Volume is still reasonable for the time of year but we are stuck in this range at all time highs.  Presuming the range holds for now.

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 7/28/17

Posted by Peter Davies on July 28, 2017

A push down yesterday, so we broke the 2 day range but we are now back and testing the 7 day low, which is minor support (2461.50). Volume was decent which means there's people still around, even if there's not much for them to trade.

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 7/26/17

Posted by Peter Davies on July 26, 2017

Low volume still, we did push up through the top of this little range we've been in the last 5 days. This is a very tight range but then we are heading into August. It's not very clear and the danger is reading too much into the action.

Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 7/25/17

Posted by Peter Davies on July 24, 2017

Not much happened yesterday, no new prices discovered.... so for todays prep - we could read yesterdays...


Quoting 
We have a minor potential support level at 2461.75 - so eyes on that over the next few hours. If it holds, then I think we should see some decent upside participation (for the time of year). If not - I'll be watching the high of the old   range  for a hold and if that fails,   bias  goes short with expectation of a move to low 2400's.
Read More

Topics: Market Updates

S&P Daily Pre-Market Prep 7/24/17

Posted by Peter Davies on July 24, 2017

We have a minor potential support level at 2461.75 - so eyes on that over the next few hours. If it holds, then I think we should see some decent upside participation (for the time of year). If not - I'll be watching the high of the old range for a hold and if that fails, bias goes short with expectation of a move to low 2400's.

Read More

Topics: Market Updates

Follow Us:

Subscribe to Email Updates