[Soultrader]

Hi JWhite,

For the US futures, the internals are a handy tool in my opinion. Especially the TICK and TRIN which lets you see shifts in market sentiment throughout the day. I guess it is trader preference, but I had a few strategies based on S&R with internals so it was useful for me.

In the Japanese futures market, there is absolutely no internals so had to build one based on several sectors such as: electric machinery, banks, securities, transports, etc... From my experience, simple tools like the TICK and TRIN win hands down.

It really depends on how you use the internal tools. I dont expect traders to win by trading purely off internals but I think should be used as a way to better understand the strength vs weakness of the current market situation.

Market profile for me better helps me illustrate a potential scenario for todays trading while internals help me time my entries or make instant decisions on whether to enter or not.