DislikedIs it a intraday diamond formation on USD/JPY from 23:15 18-th jan to 09:31 19-th jan ?Ignored
No, not even close.
Magnus
EDIT: However, there is, from my perspective, a very nice diamond somewhere in your chart. HINT: step-up a timeframe.
Igrok Method. Q's & A's. Comments, thoughts and ideas
- #4,601
- Edited 3:21am Jan 19, 2010 3:06am | Edited 3:21am
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
- #4,603
- Jan 19, 2010 5:42am Jan 19, 2010 5:42am
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
- #4,604
- Edited 12:39pm Jan 19, 2010 5:51am | Edited 12:39pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
What a nice trade that was....
- #4,605
- Jan 19, 2010 12:52pm Jan 19, 2010 12:52pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
I have noticed one action that keeps repeating itself over and over again. This time it was exactly as I was expecting on the USDCHF. Usually after the significant trendline has been broken price tends to pullback and retest BUT not the line itself but the breakpoint. Let me give you an example. USDCHF has broken it's bearish trendline on the 4th of last month, right? Now drop a horizontal line at the same level as the breakpoint and take a look on your right side. Tell me what you see. Precise pullback to our horizontal level around .0132 followed by a rally. That's another clue for ya
- #4,606
- Jan 20, 2010 3:02am Jan 20, 2010 3:02am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Missed my LO by 7 pips...but the good thing is I can see my mistake and why I should have placed my order lower 
- #4,607
- Jan 20, 2010 7:15am Jan 20, 2010 7:15am
- | Joined May 2008 | Status: Trader | 1,245 Posts
EJ 19.14 target hit
- #4,608
- Jan 20, 2010 7:48am Jan 20, 2010 7:48am
- | Joined May 2008 | Status: Trader | 1,245 Posts
When you miss this out ...
- #4,609
- Edited 8:15am Jan 20, 2010 7:57am | Edited 8:15am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Hey guys,
nice charts, I have to say I love this thread. I do have a question though. It seems people are mostly posting diamonds, triangles, channels and trend lines. Does anyone ever use the average daily/weekly range templates that Igrok used to talk about a lot? Also, if no-one trades them, does anyone factor them in the ranges when deciding likelihood of the market moving up or down? Or even for profit taking? Just curious to see if anyone is using them as they are a large part of the Igrok method it would seem.
Cheers
nice charts, I have to say I love this thread. I do have a question though. It seems people are mostly posting diamonds, triangles, channels and trend lines. Does anyone ever use the average daily/weekly range templates that Igrok used to talk about a lot? Also, if no-one trades them, does anyone factor them in the ranges when deciding likelihood of the market moving up or down? Or even for profit taking? Just curious to see if anyone is using them as they are a large part of the Igrok method it would seem.
Cheers
Maybe money can't buy happiness, but it can give you freedom.
- #4,611
- Jan 20, 2010 8:33am Jan 20, 2010 8:33am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Hey guys,
nice charts, I have to say I love this thread. I do have a question though. It seems people are mostly posting diamonds, triangles, channels and trend lines. Does anyone ever use the average daily/weekly range templates that Igrok used to talk about a lot? Also, if no-one trades them, does anyone factor them in the ranges when deciding likelihood of the market moving up or down? Or even for profit taking? Just curious to see if anyone is using them as they are a large part of the Igrok method it would seem.
Cheers
- #4,612
- Jan 20, 2010 8:34am Jan 20, 2010 8:34am
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Hey guys,
nice charts, I have to say I love this thread. I do have a question though. It seems people are mostly posting diamonds, triangles, channels and trend lines. Does anyone ever use the average daily/weekly range templates that Igrok used to talk about a lot? Also, if no-one trades them, does anyone factor them in the ranges when deciding likelihood of the market moving up or down? Or even for profit taking? Just curious to see if anyone is using them as they are a large part of the Igrok method it would seem.
Cheers
I use ADR as profit targets a lot.
I'm working slowly learning the ADR templates. They are not as cut-and-dry as you'd first think... I've found they require a bit of discretion and learning to use them effectively (read: profitably).
My experience.
Magnus
- #4,614
- Jan 20, 2010 9:35am Jan 20, 2010 9:35am
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
- #4,615
- Edited 4:55am Jan 21, 2010 3:07am | Edited 4:55am
- | Joined May 2008 | Status: Trader | 1,245 Posts
H1 comb in silver broken downward 
Update :
As Usual, profit taking part is the hardest part.
I shorting silver until blue TL and red horizontal line (-ve macd target). While AWR is filled currently.
Let's c wat happen next...
Comment if possible, thanks in advanced
Update :
As Usual, profit taking part is the hardest part.
I shorting silver until blue TL and red horizontal line (-ve macd target). While AWR is filled currently.
Let's c wat happen next...
Comment if possible, thanks in advanced
- #4,617
- Jan 21, 2010 5:12am Jan 21, 2010 5:12am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
H1 comb in silver broken downward
Update :
As Usual, profit taking part is the hardest part.
I shorting silver until blue TL and red horizontal line (-ve macd target). While AWR is filled currently.
Let's c wat happen next...
Comment if possible, thanks in advanced
- #4,618
- Jan 21, 2010 5:46am Jan 21, 2010 5:46am
- | Joined May 2008 | Status: Trader | 1,245 Posts
Forget AWR and go for the AMR minimum
I like it. minimum AWR - #4,619
- Jan 21, 2010 7:26am Jan 21, 2010 7:26am
- Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
