"Wishful thinking dies hard." Igor T.
Trading technical analysis system based on Igrok method 137 replies
EA adventures 35 replies
Stochastic's and Bollinger's adventures. 3 replies
DislikedI think EU may be building a main diagonal targeting 2850 that could turn into a diamond. High today was 2917 and unpaid 4hr div debt @ 2931 looks like a must to me.Ignored
DislikedIDK if it's going to reach 2850 in this session now. It just satisfied 30 min div target @ 2866 and bounced...darn. Only a couple more hours before Europe is closed and if it doesn't reach it by then I don't think it'll hit this session. Anyways was just pointing out though the 2931 target looks obvious with lots of clues pointing to it. Maybe a different pattern will unfold for us in the next trading session but it's something I'm keeping my eye on for sure.Ignored
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DislikedGlad you like it guys. But remember kids, it's not about predicting where price will go, but what we do if or when it gets there.
Or something like that, isn't that right aediaz?Ignored
DislikedGreetings my fellow Igrok traders,
My trade of the day is a flat surface break on Cable, a 20.4. I see cable as being bearish in an descending channel, and the plan is for price to break the FS nicely, and continue on to lower border. Let's see how this plays out.
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DislikedGreeetings all,
Went for a 20.4 on EU today, similar setup to my cable trade yesterday. Flat surface break, although the break is not as clean as I would like at this moment. SL is 15 pips/1.5% risked.
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DislikedSaw an opportunity to go long on cable, this time a TL that was being tested, and eventually broke. SL 14 pips/0.8 risked. My only regret was not putting more on the trade
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DislikedGreetings all,
Looks like UJ is forming a H&S, so decided to jump in and give it a go. As I'm trading against the trend, and sometimes these H&S formations don't work out as planned, I risked only half of what I'd usually put on. SL is 12 pips/0.71% risked. The only other thing to be cautious of is US news in a few hours or so.
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DislikedGreetings all,
Looks like UJ is forming a H&S, so decided to jump in and give it a go. As I'm trading against the trend, and sometimes these H&S formations don't work out as planned, I risked only half of what I'd usually put on. SL is 12 pips/0.71% risked. The only other thing to be cautious of is US news in a few hours or so.
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DislikedTook that myself. Those setups shall always be against the trend. While the probability isn't that high, the R:R is excellent! Another quality-sign for a H&S is that it should top/bottom the whole trend like in this case where it forms at the absolute low. This goes for most patterns.Ignored