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

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  • Post #3,761
  • Quote
  • Edited 10:16am Jul 7, 2009 10:04am | Edited 10:16am
  •  gabs
  • | Joined Jun 2009 | Status: Member | 147 Posts
Quoting belekas
Disliked
Was waiting for a short of the top but never got filled. Better trade just around the corner. Patience.
Not sure it was a real diamond.
Ignored
labas! )
All opinions are interesting for me
I think the next scenario is possible also and if it happens, it will be 18.4 intra-monthly. What you think?
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  • Post #3,762
  • Quote
  • Edited 11:32am Jul 7, 2009 11:11am | Edited 11:32am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting gabs
Disliked
labas! )
All opinions are interesting for me
I think the next scenario is possible also and if it happens, it will be 18.4 intra-monthly. What you think?
Ignored
I have no opinion atm and i havent used any of the "range templates" for a long time. I think Blackinc can help you on this one as he mentioned trading ranges more then trendlines/patterns that im trading currently Also take a look at the "move sequence" inside the pattern. Its incorrect, but, the market changes always, so we must stay nimble and trade only what makes sense. Extend your upper & lower lines to the right and you will see a potential bullish channel that im observing on 4hr
 
 
  • Post #3,763
  • Quote
  • Jul 7, 2009 5:47pm Jul 7, 2009 5:47pm
  •  cyberfish
  • | Joined Jun 2009 | Status: Member | 4 Posts
Hi all, I drown some lines on cable 1 day chart, it going side ways on 38% fib. ret. and RSI divergence to, I will short it on 1.6086 my stop loss will be at 1.6143 if it's brakes support trend line. My target is 1.5188. My weekly 10ATR is over 500pips, if it's big move down I will be in trade rafly 2 weeks ( if I have bolls to hold on to it). Any comments??
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  • Post #3,764
  • Quote
  • Jul 7, 2009 6:11pm Jul 7, 2009 6:11pm
  •  Alex III
  • | Joined Jun 2007 | Status: Member | 320 Posts
Quoting cyberfish
Disliked
Hi all, I drown some lines on cable 1 day chart, it going side ways on 38% fib. ret. and RSI divergence to, I will short it on 1.6086 my stop loss will be at 1.6143 if it's brakes support trend line. My target is 1.5188. My weekly 10ATR is over 500pips, if it's big move down I will be in trade rafly 2 weeks ( if I have bolls to hold on to it). Any comments??
Ignored
At me it looks on another
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  • Post #3,765
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  • Jul 7, 2009 7:00pm Jul 7, 2009 7:00pm
  •  Blackinc
  • | Joined Mar 2007 | Status: XXXX Trader | 318 Posts
Quoting gabs
Disliked
I think the next scenario is possible also and if it happens, it will be 18.4 intra-monthly. What you think?
Ignored

Could you explain how you got to a possible 18.4?
 
 
  • Post #3,766
  • Quote
  • Jul 8, 2009 2:36am Jul 8, 2009 2:36am
  •  OGW
  • | Joined Dec 2006 | Status: Member | 208 Posts
Triangle, will we get a last bounce?
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  • Post #3,767
  • Quote
  • Jul 8, 2009 2:40am Jul 8, 2009 2:40am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting OGW
Disliked
Triangle, will we get a last bounce?
Ignored
Entry, stop & reverse levels are clear and you had enough time to place them. Theres no need to predict the market. Just trade the opportunity.
 
 
  • Post #3,768
  • Quote
  • Jul 8, 2009 2:54am Jul 8, 2009 2:54am
  •  OGW
  • | Joined Dec 2006 | Status: Member | 208 Posts
Quoting belekas
Disliked
Theres no need to predict the market. Just trade the opportunity.
Ignored
Well I am in, and yes you are right that there is no need to predict the market, no one can anyway... I was just wondering whether other people were seeing it differently... Lack of confidence, I guess.
 
 
  • Post #3,769
  • Quote
  • Jul 8, 2009 3:22am Jul 8, 2009 3:22am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting OGW
Disliked
Well I am in, and yes you are right that there is no need to predict the market, no one can anyway... I was just wondering whether other people were seeing it differently... Lack of confidence, I guess.
Ignored
Im in as well. TL touch was precise to the pip. About the lack of confidence i can give you one piece of advise: stop reading other useless threads at ff. Im talking about dead ones like GJ, GU, EU etc. Trust me on this. Ive been there, done that. Now im more then happy participating in this thread and my journal only, keeping main focus on my trading and real life issues.
 
 
  • Post #3,770
  • Quote
  • Jul 8, 2009 3:26am Jul 8, 2009 3:26am
  •  mhenry
  • | Joined Mar 2009 | Status: Member | 17 Posts
HI ALL,Finally can post here!!have gone with this thread a long time,finally can join the discussion.In my EUR/USD daily picture, there would be a 200 pips opportunity aiming 1.365 if the diamond parten is broken....anyone get the same picture with me?
 
 
  • Post #3,771
  • Quote
  • Jul 8, 2009 3:27am Jul 8, 2009 3:27am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting mhenry
Disliked
HI ALL,Finally can post here!!have gone with this thread a long time,finally can join the discussion.In my EUR/USD daily picture, there would be a 200 pips opportunity aiming 1.365 if the diamond parten is broken....anyone get the same picture with me?
Ignored
Theres no diamond on EUR/USD dayly.
 
 
  • Post #3,772
  • Quote
  • Jul 8, 2009 3:37am Jul 8, 2009 3:37am
  •  mhenry
  • | Joined Mar 2009 | Status: Member | 17 Posts
well, quick respond but different mind.Just a beginner here,any tips on EUR/USD can give me,belekas!
 
 
  • Post #3,773
  • Quote
  • Jul 8, 2009 3:43am Jul 8, 2009 3:43am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting mhenry
Disliked
well, quick respond but different mind.Just a beginner here,any tips on EUR/USD can give me,belekas!
Ignored
One tip: please take your time and read the book and the thread untill you start getting the feel of what we all are doing here. Anything that makes sense will be posted here by me and other market participants that follows this method. From time to time we still have a great pleasure to discuss the situation with Mr Igrok himself

ps: this method is not for the begginers.

Regards.
 
 
  • Post #3,774
  • Quote
  • Jul 8, 2009 4:22am Jul 8, 2009 4:22am
  •  OGW
  • | Joined Dec 2006 | Status: Member | 208 Posts
Quoting belekas
Disliked
Im in as well. TL touch was precise to the pip. About the lack of confidence i can give you one piece of advise: stop reading other useless threads at ff.
Ignored
Thanks for your advice. I appreciate it.
On a different note, I wonder what Mr. Igrok thinks of the new rules adopted by the NFA concerning no more stop and limit orders. I know it isn't the subject of this thread and that he may not be using a us broker anyway, but still, I would like to have his opinion on what he thinks are the true motivation of the NFA for those changes. Thanks.
 
 
  • Post #3,775
  • Quote
  • Jul 8, 2009 5:01am Jul 8, 2009 5:01am
  •  aediaz1
  • Joined Aug 2007 | Status: Member | 3,135 Posts
Quoting OGW
Disliked
Thanks for your advice. I appreciate it.
On a different note, I wonder what Mr. Igrok thinks of the new rules adopted by the NFA concerning no more stop and limit orders. I know it isn't the subject of this thread and that he may not be using a us broker anyway, but still, I would like to have his opinion on what he thinks are the true motivation of the NFA for those changes. Thanks.
Ignored
It's for US brokers only. No worries.
Measure twice, cut once
 
 
  • Post #3,776
  • Quote
  • Edited 5:42am Jul 8, 2009 5:09am | Edited 5:42am
  •  alearner
  • | Joined Jan 2008 | Status: Member | 328 Posts
cable 30M diamond? One day I'll get it right.
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  • Post #3,777
  • Quote
  • Jul 8, 2009 6:03am Jul 8, 2009 6:03am
  •  gabs
  • | Joined Jun 2009 | Status: Member | 147 Posts
Quoting Blackinc
Disliked
Could you explain how you got to a possible 18.4?
Ignored
Possible so:
Оf course, the small stops is better
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  • Post #3,778
  • Quote
  • Edited 7:02am Jul 8, 2009 6:03am | Edited 7:02am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting alearner
Disliked
cable 30M diamond? One day I'll get it right.
Ignored
Yes, possible. Trade it according to the template and see what results you have by the end of the day.
 
 
  • Post #3,779
  • Quote
  • Jul 8, 2009 6:06am Jul 8, 2009 6:06am
  •  AlexPL
  • | Joined Feb 2008 | Status: Member | 71 Posts
Each trading day in different colour.
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File Type: mq4 ColorBarForAWeekDay.mq4   3 KB | 379 downloads
 
 
  • Post #3,780
  • Quote
  • Jul 8, 2009 6:27am Jul 8, 2009 6:27am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting AlexPL
Disliked
Each trading day in different colour.
Ignored
Have you coded this indicator by yourself Alex?
 
 
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