Igrok Method. Q's & A's. Comments, thoughts and ideas | Page 472 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Trading technical analysis system based on Igrok method 137 replies

Forex Ideas & Comments 18 replies

The IGROK files - Adventures of a rookie using the Igrok method 416 replies

Fibonacci thoughts & ideas.... 13 replies

Attachments: Igrok Method. Q's & A's. Comments, thoughts and ideas
Exit Attachments

Igrok Method. Q's & A's. Comments, thoughts and ideas

  • #9,421
  • Sep 23, 2016 2:47am Sep 23, 2016 2:47am
Quoting Dariusz
{quote} 1.6936 looks to be completed first ...
I dont see that in my charts. What I see is that a downside move would take GA to 1.6740 but the pattern so far does not indicate that this is a possible scenario. To me the more likely scenario is a third try towards 1.713x, break this level that has been a short term resistance and then fly
"Bulls make money, bears make money, pigs get slaughtered"
  • #9,422
  • Sep 23, 2016 2:58am Sep 23, 2016 2:58am
Quoting manosk
{quote} I dont see that in my charts. What I see is that a downside move would take GA to 1.6740 but the pattern so far does not indicate that this is a possible scenario. To me the more likely scenario is a third try towards 1.713x, break this level that has been a short term resistance and then fly
Looks like we get an bullish engulfing on 1H too .
Trading in the shadow of SM
  • #9,423
  • Edited 3:23am Sep 23, 2016 3:10am | Edited 3:23am
Quoting Earleone
{quote} Looks like we get an bullish engulfing on 1H too .
I have to say this is a volatile piece of s...pardon the language. 100 pips like nothing. GY is like amateur hour in front of GA
"Bulls make money, bears make money, pigs get slaughtered"
  • #9,424
  • Sep 23, 2016 5:13am Sep 23, 2016 5:13am
Quoting manosk
{quote} I have to say this is a volatile piece of s...pardon the language. 100 pips like nothing. GY is like amateur hour in front of GA
GA will continue dropping at least until GC reaches 1.6780, which is about 200 pips more....
  • #9,425
  • Sep 23, 2016 5:19am Sep 23, 2016 5:19am
Quoting Igrok
{quote} GA will continue dropping at least until GC reaches 1.6780, which is about 200 pips more....
Shouldnt we target 1.6320ish ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud.png Size: 55 KB
Value is nothing, Price is everything
  • #9,426
  • Sep 23, 2016 5:28am Sep 23, 2016 5:28am
Quoting Greg.Barabas
{quote} Shouldnt we target 1.6320ish ? {image}
no... we have already seen the bottom of this big trend for all the jpy crosses i guess... they all make perfect technical sense...
  • #9,427
  • Sep 23, 2016 5:30am Sep 23, 2016 5:30am
Quoting Igrok
{quote} GA will continue dropping at least until GC reaches 1.6780, which is about 200 pips more....
ouch..in which case apologies Dariusz
"Bulls make money, bears make money, pigs get slaughtered"
  • #9,428
  • Sep 23, 2016 5:31am Sep 23, 2016 5:31am
Quoting Igrok
{quote} no... we have already seen the bottom of this big trend for all the jpy crosses i guess... they all make perfect technical sense...
It's GBPAUD, what is has to do with JPY crosses ? Sorry if I am missing something here.
Value is nothing, Price is everything
  • #9,429
  • Sep 23, 2016 5:33am Sep 23, 2016 5:33am
watch out for usd/rub and usd/cad... the greenback is about to take a huge beating against both... others will follow also...
  • #9,430
  • Sep 23, 2016 5:35am Sep 23, 2016 5:35am
Quoting Greg.Barabas
{quote} It's GBPAUD, what is has to do with JPY crosses ? Sorry if I am missing something here.
sorry for typo... of course i meant all the gbp crosses...
  • #9,431
  • Sep 23, 2016 5:44am Sep 23, 2016 5:44am
Quoting Igrok
{quote} sorry for typo... of course i meant all the gbp crosses...
No worries, thanks for clarifying. One more Q: if you say big trend you mean the one started in 2007 ? Seems there still might be "some" potential to go down, unless I draw the lines incorrectly
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Weekly.png Size: 63 KB
Value is nothing, Price is everything
  • #9,432
  • Sep 23, 2016 5:48am Sep 23, 2016 5:48am
Quoting mymission
{quote} short it around 1.7127?


Thought it would go higher before it would retreat down, in my chart a diamond with 0,2 pip, making the longest move upwards, is it legit in your book?
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 44 KB
  • #9,433
  • Sep 23, 2016 5:58am Sep 23, 2016 5:58am
Quoting Greg.Barabas
{quote} No worries, thanks for clarifying. One more Q: if you say big trend you mean the one started in 2007 ? Seems there still might be "some" potential to go down, unless I draw the lines incorrectly {image}
it's a major support line... if broken ( it will be broken eventually) the parity (perhaps even 0.95) will be a must... but i think it will hold for a while...
  • #9,434
  • Sep 23, 2016 6:00am Sep 23, 2016 6:00am
Quoting mymission
{quote} Thought it would go higher before it would retreat down, in my chart a diamond with 0,2 pip, making the longest move upwards, is it legit in your book? {image}
there is no diamond there... but a pretty good trendline... besides by 18.4 template it was a sell there below intraday's top...
  • #9,435
  • Sep 23, 2016 6:05am Sep 23, 2016 6:05am
Quoting Igrok
{quote} it's a major support line... if broken ( it will be broken eventually) the parity (perhaps even 0.95) will be a must... but i think it will hold for a while...
If that trendline started in July will hold ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 4hr.png Size: 58 KB
Value is nothing, Price is everything
  • #9,436
  • Sep 23, 2016 6:16am Sep 23, 2016 6:16am
Quoting Greg.Barabas
{quote} If that trendline started in July will hold ... {image}
nope... it will not hold... but it doesn't really matter... the low we have seen in July...
  • #9,437
  • Sep 23, 2016 6:40am Sep 23, 2016 6:40am
Quoting manosk
{quote} ouch..in which case apologies Dariusz
No problem, we are here to share our ideas and not necessarily to be right .

btw I considering AUDUSD to be short, but at the moment it is too early and Friday . I still havent seen .769, but decide on Monday with TG roughly .7435.
  • #9,438
  • Sep 23, 2016 6:47am Sep 23, 2016 6:47am
A question on gold (I know you dont trade it), however I would like to ask your opinion on the price action. The red trendline is due to be broken; however I am thinking about the bottom line with the 3rd point at around 1300 - price didnt get there, July's low acted as support. Would you consider it as unpaid debt that will have to be paid (1300 level reached) at some point in the near future? Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.png Size: 84 KB
Value is nothing, Price is everything
  • #9,439
  • Sep 23, 2016 6:58am Sep 23, 2016 6:58am
Quoting Dariusz
{quote} No problem, we are here to share our ideas and not necessarily to be right . btw I considering AUDUSD to be short, but at the moment it is too early and Friday . I still havent seen .769, but decide on Monday with TG roughly .7435.
A very credible source, probably the best I know in AU suggested today a short in AU at .7630 with a target at .741. This is also one of the reasons I know that going against AU is not a bad idea.
"Bulls make money, bears make money, pigs get slaughtered"
  • #9,440
  • Sep 23, 2016 7:12am Sep 23, 2016 7:12am
Quoting Greg.Barabas
A question on gold (I know you dont trade it), however I would like to ask your opinion on the price action. The red trendline is due to be broken; however I am thinking about the bottom line with the 3rd point at around 1300 - price didnt get there, July's low acted as support. Would you consider it as unpaid debt that will have to be paid (1300 level reached) at some point in the near future? Thanks {image}
i need my own charts to make an accurate projection... but you can just follow cad... whenever usd/cad reaches 1.12 level the gold will form the top..
1 trader viewing now