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Has anyone tried eminiacademy.com?

  #39 (permalink)

Market Wizard
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,790 since Oct 2009
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Fat Tails View Post
...What I do not understand is, why you try to copy concepts with all the details. I personally find all those trigger lines on my chart confusing (seechart 1 below).

Must be a case where beauty is in the eye of the beholder. I personaly find the trigger lines extremely usefull in my trading. They represent more than the direction of a trend, they provide levels where to place your orders with a vey small risk 3-6 ticks at times 8 ticks. They show signs of weakness and/or strength. They tell you when not to trade because they can clearly show when a turbulence zone is being crossed or better when it will most likely end etc. I could keep on but suffice to say they can be extremely usefull if you take the time to study price action around these lines. The most interesting quality of these lines in my mind is that they provide a frame of reference where you can more easily detect some of the patterns price makes everyday over and over. In the end, it's a question of habit. You want to train your mind to see small nuances you would not see that easily otherwise.

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