Stand on the shoulders of Giants.
Then use our own vision to see new horizons.
The Emin wizard system recognizes and appreciates all those giants.
Whether Fibonacci, Dow theorists, Bollinger, Market Profile and more, progress has been made by traders who refused to believe all knowledge is already known.
Whether we are Momentum or Value traders, we will need to reconcile our strategies for the amount of time we are willing to assume as appropriate as acceptable market risk.
While we are not personally proficient in Market Profile, there are numerous teachers out there to choose from.
We teach the ideas of market structure in advance, with an understanding of key magnets.
These magnets are already known, just as a Doctor will tell expecting parents to look for a child to be born with a head, feet, a waist, and fingers and toes.
Determining which magnet has the most significance for us is an individual choice. Risk is relative to the reward we seek.
Some of the market profilers who have joined us embrace our tools. Those lacking fifteen minutes of study with us continue to miss a few key elements of how markets operate.
Trade logic is an important concept for us, and we call that “sequence trading.”
“By keenly confronting the enigmas that surround us, and by considering and analysing the observations that I have made, I ended up in the domain of mathematics, Although I am absolutely without training in the exact sciences, I often seem to have more in common with mathematicians than with my fellow artists.” – Maurits Cornelius Escher (1898 – 1972)
Quoted in E Maor, To infinity and beyond (Princeton 1991)
We are not quants, but we do rely heavily on mathematical relationships.
Those relationships exist prior to market movements, allowing skilled technicians to see logical targets well in advance. This is the power of the predictive nature of the Emini wizard system.