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  1. Y

    Intraday FX Player

    love it heehee
  2. Y

    Intraday FX Player

    On the contrary you can watch the big chart and almost fall asleep when a 1 Hr chart is caught in a tiny range. Playing the chop on the 1 min will do two things for you... 1. it puts pips in the bag 2. when the breakout comes you should be riding it. Remember the guys are expecting the...
  3. Y

    Intraday FX Player

    Hi Willl, yea that's one for later ;)
  4. Y

    Intraday FX Player

    I have to agree and disagree. I don't think you have read the thread - we major on PA first. When pits close for good and floor traders become screen traders they usually fail because floor trading involves many dynamics that no chart or indicator will show. That's why many traders use a squawk...
  5. Y

    Intraday FX Player

    a sample VWAP chart
  6. Y

    Intraday FX Player

    I could go on and on but the examples become more sophisticated. It is sufficient to say many institutions have sacked their high paid TA’s because sophisticated computer models have been developed that are faster and yield better results. Yet “PA Rules – Indicators Lag” is a favourite...
  7. Y

    Intraday FX Player

    Take as an example a Nuclear Reactor: the 1st thing we want to know is that effective Risk Management is in place but we hope it will never be called upon. Instead we hope they will continually evaluate the indicators for Supply/Demand, current energy levels and future potential Demand Action...
  8. Y

    Intraday FX Player

    THOUGHT FOR THE DAY: PA IS A DERIVATIVE THAT LAGS INDICATORS! I’m going to take a contrarian view to the popular “PA Rules All” type of ET posts and take PA into the witness box to see if the evidence supports their verdict. The pet theory goes something like this: “Indicators are a...
  9. Y

    Intraday FX Player

    Well done Guys on the calls. CV we had a break down as you saw except it was after hours fiddling with the prices and that was corrected for the open so the box is still intact. You will probably find that will effect hoe you now see the move. There are two readings necessary for Mondays. One...
  10. Y

    Intraday FX Player

    Hey Willl ask whatever you want - sorry if I gave any impression that your questions are not welcome. I am well impressed with the effort you are putting into learning and revising and always glad to answer if I can. It's impossible to put this much effort in and not see the pieces fitting...
  11. Y

    Intraday FX Player

    1/10 Will, I already know Monday's game plan. That was my challange to you and others. Tell me what will happen and how you will attack it. No what if's ;)
  12. Y

    Intraday FX Player

    lol thanks for the comments Banjo and Tom
  13. Y

    Intraday FX Player

    Willl was dry fried rice
  14. Y

    Intraday FX Player

    Nice one Banjo
  15. Y

    Intraday FX Player

    Aye I meant Temple Street Market. Great food at the street market - you or your girlfriend any good at cooking? I want the recipe for that shrimp fried rice. Not being Asian I don't know what the green leaves they use are. Best fried rice I've ever had.
  16. Y

    Intraday FX Player

    [Sure, T/L drawing will take you 30 - 60 mins. Developing multitimeframe indicators is a work of art and will take a very long time refining to tease out the "secret sauce". You will also find the same indicators can look totally different on different software but the design principles remain...
  17. Y

    Intraday FX Player

    Hey Willl just about to go out for the night - it's hot and I'm wearing one of those "Bruce Lee" type Chinese silk shirts I got in Nathan St Market. Those are so light and cool in the heat here. Much better than western style. I look like a Kung Foo star... not! Told the wife everyone will...
  18. Y

    Intraday FX Player

    Willl, your indicator set up is as developed as an 18th century hospital operating theatre... except they had better tools LOL. Seriously though, you will need to put more effort into building an indicator set-up than you put into learning PA. Your PA has to be red hot because only then will...
  19. Y

    Intraday FX Player

    As a general rule, the bigger the TF the more significant the TL i.e. time in trade, but entry is always in as low a TF as possible. Often the big reversal is best picked up on the TL on the 1 min.
  20. Y

    Intraday FX Player

    good charts Turhovach
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