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

  • #1,581
  • Sep 10, 2008 8:53pm Sep 10, 2008 8:53pm
Quoting jupiter_peak
Ok, thanx for your answer. But could you please let the OWNER of this thread answer?

I would appreciate this very much.

Thanks and all the best,

JP.
No problemo.
  • #1,582
  • Sep 10, 2008 9:18pm Sep 10, 2008 9:18pm
Quoting Igrok
There're a lot of debts have been left on the way from the very top and to the current bottoms. I think it would be reasonable to shake out all the USD bulls by making a sharp correction that might be able to cover all the levels to be filled. It might start ass soon as today and to last just 5-6 weeks before USD will start to regain its strength again. The main trendline on the EUR/USD is unlikely to hold as every other pair had not had a problem of penetrating its own main lines on the very first approach.
Mr. Toshchakov,

Thank you very much for your answer.

I will not bother you anymore tonight.

Seems I am starting to learn the alphabet.


Best,

JP.
  • #1,583
  • Sep 10, 2008 10:52pm Sep 10, 2008 10:52pm
This looks like a perfect diamond on 1h GBP/JPY:
Attached Image (click to enlarge)
Click to Enlarge Name: 60 min. GBPJPY A0-FX.jpg Size: 83 KB
  • #1,584
  • Sep 10, 2008 11:11pm Sep 10, 2008 11:11pm
Quoting Igrok
This looks like a perfect diamond on 1h GBP/JPY:
Or Head and shoulders, to use a less fancy term.
  • #1,585
  • Sep 10, 2008 11:26pm Sep 10, 2008 11:26pm
Quoting fxterrapin
Or Head and shoulders, to use a less fancy term.

From that comment im guessing you haven't read this thread?

Or you tryin to cause trouble
  • #1,586
  • Sep 10, 2008 11:46pm Sep 10, 2008 11:46pm
Quoting Blackinc
From that comment im guessing you haven't read this thread?

Or you tryin to cause trouble
What's wrong with pointing out the obvious, my friend?
  • #1,587
  • Sep 10, 2008 11:49pm Sep 10, 2008 11:49pm
Quoting fxterrapin
Or Head and shoulders, to use a less fancy term.
Can't see any H&S here. Show me how it looks on this chart.
  • #1,588
  • Sep 11, 2008 12:07am Sep 11, 2008 12:07am
Quoting Igrok
Can't see any H&S here. Show me how it looks on this chart.
Reverse H&S. (image is rotated)


http://i36.tinypic.com/2mcc1mt.gif
  • #1,589
  • Sep 11, 2008 12:27am Sep 11, 2008 12:27am
Quoting fxterrapin
Reverse H&S. (image is rotated)


http://i36.tinypic.com/2mcc1mt.gif
Makes no sense. The neckline is angled too much. But even if to assume that it's fine then there is still a "body" missing. H&S has to crown a "body" like real head and shoulders do. They cannot be attached to the side of the human body and same is true here. This is the most common mistake a newbie usually makes in identification of H&S.
  • #1,590
  • Sep 11, 2008 12:35am Sep 11, 2008 12:35am
Quoting Igrok
Makes no sense. The neckline is angled too much. But even if to assume that it's fine then there is still a "body" missing. H&S has to crown a "body" like real head and shoulders do. They cannot be attached to the side of the human body and same is true here. This is the most common mistake a newbie usually makes in identification of H&S.
Too angled for your taste?

http://i35.tinypic.com/27x0wp0.gif
  • #1,591
  • Edited 1:02am Sep 11, 2008 12:46am | Edited 1:02am
Quoting fxterrapin
Too angled for your taste?

http://i35.tinypic.com/27x0wp0.gif
This one looks a bit better. At least it crowns a trend unlike the one in question. However it is not a H&S either. It's also a diamond. In the real H&S the right shoulder cannot be larger than the left one if to measure their ranges from the neckline. They can be equal but the right one is never bigger.
  • #1,592
  • Sep 11, 2008 1:03am Sep 11, 2008 1:03am
This is how it looks like in reality:
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly GBPJPY A0-FX.jpg Size: 83 KB
  • #1,593
  • Sep 11, 2008 1:06am Sep 11, 2008 1:06am
Quoting Igrok
This is how it looks like in reality:

I love it.
  • #1,594
  • Sep 11, 2008 1:12am Sep 11, 2008 1:12am
Quoting fxterrapin
I love it.
Me too. It became very profitable after I added a position on the break of the lower right border.
  • #1,595
  • Sep 11, 2008 1:15am Sep 11, 2008 1:15am
Quoting Igrok
Me too. It became very profitable after I added a position on the break of the lower right border.
Very nice. how long did you hold it?
  • #1,596
  • Sep 11, 2008 1:23am Sep 11, 2008 1:23am
Quoting fxterrapin
Very nice. how long did you hold it?
Don't remember. I think I pocketed something like 12 or 13 big figures when my trailing stops got triggered eventually.
  • #1,597
  • Sep 11, 2008 1:36am Sep 11, 2008 1:36am
Quoting Igrok

Don't think it has something to do with chess. I'm still a pretty average chess player despite playing it almost every day when get bored with the market's routine.
Then you should probably get rid of this quote on your site...

"Toshchakov's approach and strategy to trading Forex is reminiscent of the gambits utilized by great Russian chess masters. This is a primer for the novice or a useful guide to the professional trader."
— Joseph A. Boystak, President & CEO, Chopin Capital Partners, LLC
  • #1,598
  • Sep 11, 2008 1:42am Sep 11, 2008 1:42am
Quoting fxterrapin
Then you should probably get rid of this quote on your site...

"Toshchakov's approach and strategy to trading Forex is reminiscent of the gambits utilized by great Russian chess masters. This is a primer for the novice or a useful guide to the professional trader."
— Joseph A. Boystak, President & CEO, Chopin Capital Partners, LLC
I don't really think that I even have this quote on my site. Where did you find it there?
  • #1,599
  • Sep 11, 2008 1:44am Sep 11, 2008 1:44am
Quoting Igrok
I don't really think that I even have this quote on my site. Where did you find it there?
http://www.igrokforex.com/index.php?page=newbook

Anything to sell a book. I kid, I kid.
  • #1,600
  • Sep 11, 2008 1:52am Sep 11, 2008 1:52am
Quoting fxterrapin
http://www.igrokforex.com/index.php?page=newbook

Anything to sell a book. I kid, I kid.
Thanks a lot. Haven't seen this site for about a year and just got that sweet nostalgic feeling after looking at it. And I really like the way it is. Not going to remove anything.
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