hey dave . thanks for the rapport.

the idea for me behind looking at different time frames is to identify a trend in the larger time frame and then look for a pullback in the shorter time frame [but in the direction of the trend], for an entry signal. for me its about confirmation that im going with the flow rather than against it.

day trading is a practical option for me. with that in mind im also open to the opinion that day trading or indeed trading is not for me. just as money management should be a key positive ingredient in a good trading system, so should the notion that trading may not be for me.

i think this may be a good time to quote bruce lee "research your own experience, absorb what is useful, reject what is useless and add what is uniquely yours".

yes to the $1 per pip. more studying needed for me.

pan