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

Lets see if 1h structure will work as prescribed

rarely

it's not a diamond.... I don't like vague drawings style... the market is a precise thing... there are rules...

Dear Igrok,

In case of GBPUSD the instrument is approaching low of the year with MMY is up and about 40% of the move completed, we are in to 5th month now. Will it be logical in this case to look for buys on GBPUSD in anticipation of it moving in direction of MMY and completing the yearly range or targeting a lower border of the channel at 1.2000 is preferred scenario?

Dear Igrok,

EURGBP is also approaching high of the year and MMY is down. Looking at the trend lines with 3 or more touches both are located below the current price also a gap at 0.8086. In this case logic of taking short positions before high of the year and targeting trend lines and a gap in which case will complete annual range will it be a logical thing to do in this case?

USDJPY fallowing MMY of the year to the downside by completing an average year range target may be lover border of the wedge and gap at 97.35

After observing Indicators for Igroks method thread I spent two hours today to align my MT4 with Igrok's method )) Now it looks like on picture

Link to : https://www.forexfactory.com/showthread.php?t=171894

USD/JPY

This is what I think its doing Moving in a channel with possible targets indicated by horizontal blue lines.

GBPUSD looks promising

more diamond drawing practice

EURJPY may qualify as a diamond on 5m chart not very reliable

EURGBP getting interesting

This one is like a subject of study

EUR/GBP daily TA.
Mesured target for lower diamond is not reached

time to look for longs on this one

was this an unreadable/ illegible diamond on gbp/usd 4H ?