Giles Kolakowski started trading in the late 1970’s when he first began to buy and sell stocks and is the founder and owner of Futures & Forex Daytrading. He has a degree in metallurgical engineering from Stevens Institute of Technology. Giles moved on to trading options during the 1980s when he spent some time as a retail broker for Dean Witter. He left the brokerage industry to more actively manage his other business activities through the 1990s. Giles became attracted to day trading the EMini in 2005, because of the leverage it provides.

Like you and most other traders he spent countless hours trying to find the Holy Grail. On this journey he experimented with many indicators and trading concepts. He spent a great deal of time learning Auction Market Theory techniques. While he sees some merit in that style of trading, he currently uses a method of determining support and resistance which yields potential entries providing traders an opportunity for consistency. The method can be taught and easily understood by traders of all experience levels. The methodology does not use any indicators as Giles believes that indicators by their very nature are usually always late. Instead, it relies on price action.

The simplicity of the method allows one to monitor several markets at a time. For many reasons, Giles has switched to looking at markets other then the Emini, even though the system is effective on that market. Currently, he looks at Crude Oil, the Euro, Gold and the Russell. The method enables one to arrive at support and resistance levels without the use of indicators quickly and with confidence. You are welcome to join Giles and other serious traders in the Futures & Forex Daytrading Signals Room.

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