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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
DislikedStrange. I'm also using FXDD and MT4, but on my chart the day starts at 2100 GMT... Could have to do with daylight saving time in your/my country? I've messed up a couple of trades because of these recent clock changes...Ignored
DislikedHi, Igrok. In your book, you are somewhat vague re. Fibonacci retracements. In one place (p. 46) you say they are "not useful for the trader". In another (p. 69), you recommend drawing and saving Fibonacci lines as part of daily preparatory routine. Could you please comment on what you consider the proper way of using them?Ignored
DislikedHello Igrok, on a day like today, where the markets were closed yesterday and from the Asian session to the open of the European session, both eur/usd and gbp/usd has trended up steadily and made about 80-100 pip moves, roughly about 80-90% of the ADR, is it safe to go with the short-term uptrend and with the break of the Asian high going into the European session?
If so, how would the stops be placed, since there is no range to put in besides the opening of the asian session price?
Thanks Igrok, just got your book last week and finished it over the weekend, and excellent read, it has helped tremendously with the psychological aspects of the market for me.
Regards,
RonIgnored
DislikedToo late for all the templates based on ADTR as the range is almost complete and the levels for placing stops are too far from current prices. You might want to consider shorting Cable on the third touch of the upper trendline and this is about it for now.Ignored
DislikedHi Igrok, that is what I'm concerning now on the ADTR. Can help to explain "the third touch of the upper trendline". Thanks. Again, great stuff and hope you can come up with a second book as fantastic as Beat the Odds.Ignored
DislikedThis cable idea also doesn't look very good. I was talking about former resistance drawn through tops made on 03.22 and 03.30 which comes at about 1.9610 today. I doubt it will hold for long but at least it's better than nothing. There are no other more or less significant technical levels near by.Ignored
Dislikedhello Igrok, since this whole week asian session has been moving above its normal range and taking some of the moves out of steam during the european session, I'm not seeing which kind of templates should I be using on the majors, eur/us gbp/us and usd/chf? Should i look for channel breaks? I was gettin burned with the adr templates unfortunately since the ranges in the asian is so high.Ignored
DislikedThanks Igrok for making that clear, just to understand correctly, the main move of the day, nowadays being that asian session is moving alot, we would use that as the main move of the day? And if the main move of the asian session counters the main move of the previous day, should we still take the trade?Ignored
DislikedIgrok, the pairs when they topped out, did you come to that conclusion because of the average daily range for those pairs or was it due to a resistance on trendlines you had drawn on your charts? Sorry if I ask questions that may seem obvious, but I'm trying to "see" things similar to how you may see it, even though those things maybe obvious to you. I'm still new and trying to learn... but thanks for your input, its always appreciated.Ignored