Intraday FX Player

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Quote from yoohoo:

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 you be able to see how and where indicators enhance PA.

An indicator is like a surgical instrument - good at a particular role and inadequate the rest of the time... that's why one indicator alone is one big, big mistake. You need to discover the strength and weakness of an indicator and how it works with your perception and this can only be achieved in multiple TF's. Trying to make any one indicator do all on one TF is a common mistake.

As I said before your choice of a second indicator must be different in it's mathematical basis. However I have to emphasise the need to build with caution. If you don't get your PA chops together first building indicator set ups will prove futile.

So the short answer: don't wait for divergence - you should have played two moves using PA before the divergence shows. Divergence just shows the energy potential but you can get a 2nd divergence following - this is where bigger TF's solve the mystery of such signals.

I could delete my indicators and trade PA alone... or I could delete price and just trade using indicators and unlike Woodie mine work. But when the two are combined they enhance each other.

Many assume everything lags price so price is king alone. Then they draw a TL and project into the future not realising what they have just done... used as indicator based on past PA that projects future S&R. There are many mathematical relationships that project into the future - like when I demonstrated how to use a "lagging" moving average to project future S&R.

Indicators take advantage of mathematical relationships but very few have the wherewithall to discover what they can reveal. It's a journey, and it starts with excellent PA.
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Can't post a chart now, got derailed with some customs bs so no time. We leave on the tides. I wanted to say ,before I forget, you guys should print yoohoo's post, get it blown up, frame it and put it on the wall above your monitors. It will be awhile before it sinks in but this is the recipie for the elevation of descretionary trading into the artform it is at the top of the game. Think of a school of fish , 100's or 1000's of them that all turn at once, not one left going the wrong direction, how do they do that?
 
THREE TIMES...!!! Ive written lengthy posts ,only to delete them by mistake...... but I want to say.I agree with your thoughts completely ,banjo , about Yoohoo's teaching...... I hope people here can appreciate what a precious gift he is giving us.

its literally saving us Years of study time....years !!
I know this because I'm an astrologer, mastered the art of natal chart reading....took me 4 years to become fluent with it, and 20 years of experience to master the art.... Even though I'm a new forex trader, my mind is grasping the process and the art fairly well and quickly, I think because astrology feels very similar to the forex craft.... seeing the picture, the lines, data analysis, feeling the data, the dynamic changes and putting all the pieces together ...all identical to the way you look at a horoscope chart.
So far, Ive spent my first big lesson time in studying PA and learning to 'tune into it'....and the last month Ive been studying trendline drawing and analysis....(probably drawn to it from the astrology experience...my mind's eye sees it easier).... but now I sense the need to get back to the PA skills.... and begin to put them together.... I have some questions about CCI and a few indicators, and how to time entries at the 1 minute...(its too fast for me to play at... but so far I'm trading at 5 minutes,and 15min).... ahhhh....so much to learn.....just like astrology....
 
.......and what I also said that I deleted , was the sense that this forex is a real art form.... a geometrical art... and we're very blessed to have someone like Yoohoo taking the time to teach us.... I cant tell you how thankful I am.....its a brilliant gift.....
 
Quote from Willleung:

The honestly truth is that Lucia never cooked once in front of me, she is a career woman... LOL

May I ask if there is sause on the fired rice? or if it is a dry fried rice?

If it is the sause one with lots of seafood in it, it's the Fu-Jian fried rice, and the vegi should be "Choi Sum", you can find it in chinese vegi store in Manila, very common Chinese Vegi, and chinese around the world do grow it locally.
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Willl was dry fried rice
 
Quote from Banjo:

It will be awhile before it sinks in but this is the recipie for the elevation of descretionary trading into the artform it is at the top of the game. Think of a school of fish , 100's or 1000's of them that all turn at once, not one left going the wrong direction, how do they do that?
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Hi BJ,

Thanks a lot for this. CF told me about your past, and seeing this from you really meant a lot to me.

Printed it, will keep on da wall.

Have a fun and safe trip :)


Quote from tom123:

.......and what I also said that I deleted , was the sense that this forex is a real art form.... a geometrical art... and we're very blessed to have someone like Yoohoo taking the time to teach us.... I cant tell you how thankful I am.....its a brilliant gift.....
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agree on this, Tom;


Quote from yoohoo:

Willl was dry fried rice
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Hello YH,

If you mean those chopped little green leafs in the fired rice, they must be "Chung", chinese herbs, the leafs are long and thin, and the bottom end is around and red-ish to white, with roots. Also very common and you should be able to find it in chinese Vegi store in Manila. Not sure Manila have a china town or not, but that will be the place where you find a chinese Vegi Store..

Will be back in an hour, being alone on Sunday, would like to have a slow, quiet meal; do some reading at the diner, and simply enjoy myself.

YH, once again, thanks a lot for the teachings, supports and enlightenments, both CF and I are very very appreciate on these.
 
Will,

Unfortunately I'm not a phone person, like yoohoo I think much more effectively when have charts with written commentaries on them. But glad our yesterday talk helped you!
 
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