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

  • #1,121
  • Jun 5, 2008 8:38am Jun 5, 2008 8:38am
Quoting BentRod
I Haven't got Todays Bar yet but is this drawn correctly?
No. This looks more like a potential H&S but still I have some doubts.
  • #1,122
  • Jun 5, 2008 8:40am Jun 5, 2008 8:40am
Quoting BentRod
Also Igrok,
What is your current view on USDCAD?
Range trading within .98 -1.03 without clear borders on both sides. Have no idea about longer-term outcome at this moment.
  • #1,123
  • Jun 5, 2008 2:52pm Jun 5, 2008 2:52pm
Hello Igrok,

I am rookie trader from Brazil and became a big fan of your work. Right now I am finishing your book "Beat the Odds in Forex Trading".

I have to thank you very much for sharing your ideas.

I came across some figures recently and am trying to identify more complicated figures.

I have a chart below.
Can this figure be qualified as:

1) Inverted H&S;
2) Diamond;
3) None of the above it's just my imagination !!?!?!

Thanks for the opportunity of sharing ideas with you.

All the best from Brazil,

Jupiter.
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_d1_5_06_2008_diamond_tops_close_up.gif Size: 22 KB
  • #1,124
  • Jun 5, 2008 6:11pm Jun 5, 2008 6:11pm
Quoting jupiter_peak
Hello Igrok,

I am rookie trader from Brazil and became a big fan of your work. Right now I am finishing your book "Beat the Odds in Forex Trading".

I have to thank you very much for sharing your ideas.

I came across some figures recently and am trying to identify more complicated figures.

I have a chart below.
Can this figure be qualified as:

1) Inverted H&S;
2) Diamond;
3) None of the above it's just my imagination !!?!?!

Thanks for the opportunity of sharing ideas with you.

All the best from Brazil,

Jupiter.
I can't make any technical sense of this particular pattern. Besides, you have to know that inverted H&S can only be formed on the very bottom of some range and not on its top. In other words, there must be a "body" under any H&S formation and an inverted H&S still must have a shape of a human standing upside down on his head.
  • #1,125
  • Jun 7, 2008 11:58am Jun 7, 2008 11:58am
Thank you very much Mr. Toshchakov (or should I call you Igrok??)!

It's a pleasure to be able to discuss such newbie questions with a trading master like you. It's like discussing my soccer(football) skills with ronaldinho or pelé.

I have one other question for you. On you book, you mention about your "students". Do you lesson or give out seminars about your method? If you do, can I write you a personal message/email on how to sign up?

I would love to attend your classes and discuss indepth ideas on your trading method as well as your trading perceptions.

Best,
Jupiter.
  • #1,126
  • Jun 12, 2008 3:54pm Jun 12, 2008 3:54pm
Quoting jupiter_peak
Thank you very much Mr. Toshchakov (or should I call you Igrok??)!

It's a pleasure to be able to discuss such newbie questions with a trading master like you. It's like discussing my soccer(football) skills with ronaldinho or pelé.

I have one other question for you. On you book, you mention about your "students". Do you lesson or give out seminars about your method? If you do, can I write you a personal message/email on how to sign up?

I would love to attend your classes and discuss indepth ideas on your trading method as well as your trading perceptions.

Best,
Jupiter.
Jupiter, I'm sorry for the delay in my reply. Have been busy with some other stuff. I can tell you that unfortunately due to my business with actual trading I do not provide any educational services anymore. Besides it has always been a frustration for me as most of my students didn't usually had even a basic TA and general knowledge that often prevented me frome being helpful for them.
  • #1,127
  • Jun 16, 2008 11:16am Jun 16, 2008 11:16am
Gday Igrok,
If you get time, could you post up some of your long term analysis(weekly charts) on some of the major's?

Much appreciated.

Cheers.
  • #1,128
  • Jun 16, 2008 7:56pm Jun 16, 2008 7:56pm
Quoting BentRod
Gday Igrok,
If you get time, could you post up some of your long term analysis(weekly charts) on some of the major's?

Much appreciated.

Cheers.
Longer-term projection doesn't seem very interesting at the moment. Most likely EUR/USD has already completed a huge broadening triangle clearly seen on monthly. On the very long run it is likely to target levels near the parity once again as it seems to be forming a huge diamond and over the next 10-15 years it might trade in a regular triangle that should make the right side of this huge formation. The bottom of next diagonal poits at this particular zone. For the moment, however, it's a very range trading on most of the majors including the euro and it migh very well be the case that we have already seen the entire yearly range on it. If? or rather when it breaks below 1.52-1.53 zone then it will change its trading range level and should perhaps find a floor at around 1.4500 level. If this level also doesn't hold, then the next target should be placed at the main trendline, which is currently at 1.3670 level. Should be a great level to buy the euro there for a bounce back to above 1.50 again.
Attached Image (click to enlarge)
Click to Enlarge Name: Monthly EUR A0-FX.jpg Size: 113 KB
  • #1,129
  • Jun 17, 2008 3:10am Jun 17, 2008 3:10am
Great stuff, Thanks very much.
  • #1,130
  • Jul 2, 2008 2:59pm Jul 2, 2008 2:59pm
Ig,
Would you consider this a valid diamond?

Chart is of USDCAD 1hr (zoomed in)

Looks better on 15m chart.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcaddiam.jpg Size: 78 KB
  • #1,131
  • Jul 3, 2008 12:13am Jul 3, 2008 12:13am
Quoting BentRod
Ig,
Would you consider this a valid diamond?

Chart is of USDCAD 1hr (zoomed in)

Looks better on 15m chart.

Seems like that. Looks valid to me.
  • #1,132
  • Edited 7:14am Jul 3, 2008 7:03am | Edited 7:14am
Current week's range seems to be way below average on USD/CHF. Likely to see some extension and most likely today.
  • #1,133
  • Jul 3, 2008 7:21am Jul 3, 2008 7:21am
Quote
Current week's range seems to be way below average on USD/CHF

Hi Ig,


Do you ever take positions before major news or do you prefer to wait till after?
  • #1,134
  • Jul 3, 2008 7:38am Jul 3, 2008 7:38am
Quoting BentRod
Hi Ig,


Do you ever take positions before major news or do you prefer to wait till after?
Depends on a situation. In this case I got it ahead of the news. Seems like a bullish flag on the USD/CHF weekly chart targeting 1.1100 level mid term.
  • #1,135
  • Jul 3, 2008 7:52am Jul 3, 2008 7:52am
For today 1.0300 looks likely on the USD/CHF and 1.5685 on EUR/USD.
And like I said it made a new week's high on the swissy also changing the direction of the main move of the month.
  • #1,136
  • Jul 4, 2008 5:39pm Jul 4, 2008 5:39pm
A sample of the cute little diamond on the 30 min EUR/USD chart. The initial break should be on the upside on Monday.
Attached Image (click to enlarge)
Click to Enlarge Name: 30 min. EUR A0-FX.jpg Size: 95 KB
  • #1,137
  • Jul 5, 2008 7:42am Jul 5, 2008 7:42am
Hello Igrok.

Nice talking to you again.

I am getting this possible diamond formation on 30m chart.

Nice trying to contribute to your thread.

Wish you all the best.

Jupiter.
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_m30_05_07_2008_diamond.gif Size: 18 KB
  • #1,138
  • Jul 7, 2008 10:43am Jul 7, 2008 10:43am
I might be getting this one on UJ too...


Cheers,
Jupiter.
Attached Image (click to enlarge)
Click to Enlarge Name: usd_jpy_h1_07_07_2008_channel_up_diamond.gif Size: 22 KB
  • #1,139
  • Jul 7, 2008 11:00am Jul 7, 2008 11:00am
Quote
I might be getting this one on UJ too...

What is your setup?

The channel?
  • #1,140
  • Jul 7, 2008 12:23pm Jul 7, 2008 12:23pm
Quoting BentRod
What is your setup?

The channel?
What do you mean?

I just draw lines and look for formations.

Cheers.
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