Denver, CO (Vocus) November 6, 2010
In 2007, Giles joined the Emini Trading School as Vice President of Sales and Marketing. He recognized that they were at the forefront of market profile software development for profitably day trading the Emini ES and indeed any futures market. With his engineering background, he saw the value of using Auction Market Theory and Market Profile trading. As is true in engineering, when you trade using Market Profile, if you follow simple repeatable trading rules based on sound principles, you can expect similar results. Giles learned from his time as a broker that most people do not have the tools to develop an emini trading strategy. The Emini Trading School has developed emini trading software and maintains an emini trading room for just such individuals. It is also diverse enough to offer assistance to those with the desire to day trade for a living. Giles is the lead instructor of the Market Profile seminars the Emini Trading School periodically offers during the year. He also fills in from time to time as the moderator of the emini trading room and offers periodic Saturday morning Market Profile training sessions.
Giles believes and the Emini Trading School is committed to helping their students in all aspects of emini day trading. Giles not only teaches the auction market theory trading, they also focus on money management using the free Portfolio Maximizer software on their website and assistance with the psychology of trading. Giles and everyone at the Emini Trading School are active traders. They are constantly working to program the rhythms of the market into automated software for the beginner to intermediate trader using Market Profile techniques. The school also teaches Market Profile education for the more advanced trader.
Giles is an expert using the TPO indicator user and Market Profile Trader on NinjaTrader. He clearly understands the composite charts, merging value areas, single prints, minus development, initial balances, to just name a few MP levels. For a full market profile glossary, Giles has posted the terms on their website, EminiTradingSchool. Per Giles, with emini day trading you must understand and know the 4 W's of market profile trading. Giles has written many articles and blog posts regarding WHEN to use MP levels, WHERE the market is going, WHEN the market is going and most importantly- why?
Emini Trading School and Giles Kolakowski are offering a Free 3 - day trial to the live emini trading room by registering on their website. You can also download free day trading software and trading indicators at their site. Many traders visit the e mini weekly range values/prices which just work to the tick as support and resistance during the trading school week.
Staying flat is also a valid position. If the Profile doesn’t give one enough information to initiate an emini trade, it’s ok to wait until you have more market generated information to get into an emini trade.
We get paid to wait.
Watch them e mini trading in the emini trading room with or Market Profile Software.