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The end of the US stock market is nearing

  • #1,521
  • Jul 21, 2020 3:09am Jul 21, 2020 3:09am
Quoting Igrok
{quote} this one looks better... {image}
Trading plan is a king as you mentioned

Your equity diamond scenario is eliminated if S&P and DJ will close weekly on new all time, right?
  • #1,522
  • Jul 21, 2020 11:44pm Jul 21, 2020 11:44pm
Quoting Igrok
{quote} I already expressed my opinion on this issue... the lower border of the horizontal channel on you chart is a magnet and it will be eventually reached and penetrated no matter what...
Thank you Igrok
  • #1,523
  • Jul 22, 2020 8:39am Jul 22, 2020 8:39am
EURUSD changed MMY Dollar Index is still lugging but at least gap is closed I suppose its just a matter of time to print a new low on USDX. EURUSD is likely to reach 1.17 the upper border of a long time TL and after a small correction to perhaps 1.20 continue marching to the upside. Lets see how it plays out
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  • #1,524
  • Jul 22, 2020 9:18am Jul 22, 2020 9:18am
I am thinking this maybe the case for SnP the way its jogging along a TL may produce a thrust up first reacting to the gap at 3330 and up to 3700 Interesting times we are living in.
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  • #1,525
  • Jul 22, 2020 10:37am Jul 22, 2020 10:37am
If USDX to fallow EURUSD I think 94 maybe the turning point this week and correction to 98 or perhaps to 103 to close the gap. This is so intriging
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  • #1,526
  • Jul 23, 2020 2:23am Jul 23, 2020 2:23am
I guys i follow this discussion from the begin and i have to say a big thanks to sir igrok for his afford and the information that he share here..but sincerly i don t think as before that the market will crash again.. or most that it already did ..mostly becouse in the long therms from his born the market is always grew up so in statistically it s not a vantage bet in short..and above all i see(and it is my personal view) the market like if would be i kind of entropy index and seing that the entropy of the universe and the humans consciesness goes just in one direction further..the market can just go more further as well so more up..what do you think!
  • #1,527
  • Jul 24, 2020 8:12am Jul 24, 2020 8:12am
Quoting aquavox
Cindy, yes i have to agree with you as well, i started trading in 2012 and every year since the pundits have predicted a major market crash and burn, sure we have had Trump's election surprise December 2016 , then December 2018 and now Feb/March 2020 but each time the market recovered quickly and made higher highs. interest rates cannot be raised, and nnTrillion + debt accumulated cannot be repaid, it can only be inflated away. QE/Bailouts/money printing will continue to inflate the stock indexes, DJ, S&P , Nasdac etc.. there is no where else to...
we are definitely the “lucky country” although the asians are onto us now haha I gest

the sky will have to fall at some point, just seems to much to be true so they keep re inventing the system to hold it up

money after all is just a belief system since they deleted any tangible relationship to it.. maybe we just keep dreaming away until we evolve and actually start caring about each other

just seems the world is now a “too big to fail” situation .. so despite logic, maths and what “should be”

... on we go

https://m.youtube.com/watch?v=qgeSScjSU7U
Time hides Nothing
  • #1,528
  • Jul 24, 2020 2:20pm Jul 24, 2020 2:20pm
Quoting dieguito80
I guys i follow this discussion from the begin and i have to say a big thanks to sir igrok for his afford and the information that he share here..but sincerly i don t think as before that the market will crash again.. or most that it already did ..mostly becouse in the long therms from his born the market is always grew up so in statistically it s not a vantage bet in short..and above all i see(and it is my personal view) the market like if would be i kind of entropy index and seing that the entropy of the universe and the humans consciesness goes...
always prioritize what you think no matter what any "gurus" says.
  • #1,529
  • Jul 28, 2020 1:09am Jul 28, 2020 1:09am
Quoting whitenoise33
{quote} Trading plan is a king as you mentioned Your equity diamond scenario is eliminated if S&P and DJ will close weekly on new all time, right?
Sure. Though our job is to follow the market. Also looking at this picture it's quite obvious that the S&P chart had hit the major resistance drawn as a red line while the blue one is an obvious magnet on a longer run.
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  • #1,530
  • Jul 28, 2020 1:15am Jul 28, 2020 1:15am
EUR/USD has almost reached the upper border of it's major channel like structure... likely to bounce down initially but the eventual break out higher is inevitable...
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  • #1,531
  • Jul 28, 2020 12:40pm Jul 28, 2020 12:40pm
Quoting Igrok
EUR/USD has almost reached the upper border of it's major channel like structure... likely to bounce down initially but the eventual break out higher is inevitable... {image}
Hi Igor,

Does it mean theoretically that we are going to "must reach" 1.35 level?
  • #1,532
  • Jul 29, 2020 8:01am Jul 29, 2020 8:01am
Quoting akaevgen
{quote} Hi Igor, Does it mean theoretically that we are going to "must reach" 1.35 level?
this particular level is guaranteed... the sequence and timing I don't know yet...
  • #1,533
  • Jul 29, 2020 8:02am Jul 29, 2020 8:02am
DXY might turn into a reversal diamond eventually...
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  • #1,534
  • Edited 7:09am Aug 3, 2020 6:40am | Edited 7:09am
Hi Igor, can you share your expert opinion about SP500? It looks that Diamond can be formed

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(https://tvc-invdn-com.akamaized.net/data/tvc_c3ac3a4c487717e2e7ad838a2bd0e454.png)
  • #1,535
  • Aug 6, 2020 2:35pm Aug 6, 2020 2:35pm
Quoting akaevgen
Hi Igor, can you share your expert opinion about SP500? It looks that Diamond can be formed {image} (https://tvc-invdn-com.akamaized.net/data/tvc_c3ac3a4c487717e2e7ad838a2bd0e454.png)
yes... quite possible...a dual-diagonal reversal one... discussed this issue with my current students already...
  • #1,536
  • Aug 14, 2020 4:29pm Aug 14, 2020 4:29pm
Hi Igor,

Sorry for offtop, where can I find info regarding upcoming study classes?

Thanks in Advance=)
  • #1,537
  • Aug 16, 2020 8:43pm Aug 16, 2020 8:43pm
Hi Igor,
Do you see a story about to unfold in the Nasdaq, if so can you please share it? pic below for convenience.
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  • #1,538
  • Aug 17, 2020 8:36pm Aug 17, 2020 8:36pm
Quoting Igrok
{quote} I'm still learning something new every day... it's a pity that in our trading profession knowledge mostly comes with real personal experience and it takes a lot of time to gain enough of it to become successful... unfortunately trading is not a science but rather an art... some time ago I was about to publish a new book titled "The Art of Forex Trading"... it was even announced back then before I changed my mind eventually... however it now seems that I have to reconsider this idea and to write something different and more formalized instead......
I was actually looking to get that book since a few weeks until now. I saw your reply. Do you think you will ever publish it?

I read your fist book a few months ago. My favorite of all the forex book out there. I like the way you made your research, the way you explain, etc etc.

Hope to have positive answer from you.

Thank you
  • #1,539
  • Aug 18, 2020 8:09am Aug 18, 2020 8:09am
Well, best i can tell the dxy broke out of diamond..
  • #1,540
  • Aug 19, 2020 1:07am Aug 19, 2020 1:07am
Quoting akaevgen
Hi Igor, Sorry for offtop, where can I find info regarding upcoming study classes? Thanks in Advance=)
hi mate... I have just finished my classes... it was a complete structured 24+ hour learning course in Russian... though its recorded video version is still available and accessible thought the Aurora website... here is the link... https://aurora.network/events/136-igor-toshhakov-graficheskiy-metod-dinamicheskogo-analiza-i-printsipy-postroenija-jeffektivnykh-torgovykh-strategiy
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