belekas, what do you mean by saying intra-week? can you show an example?
Igrok Method. Q's & A's. Comments, thoughts and ideas
- #5,102
- Edited 3:22pm Mar 18, 2010 2:35pm | Edited 3:22pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
belekas, what do you mean by saying intra-week? can you show an example?
- #5,103
- Mar 18, 2010 3:25pm Mar 18, 2010 3:25pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
Orange bars represent this weeks trading activities. Basically, the idea was to long at the tl touch with stops placed outside the current weeks range. Nontheless the symmetry on the daily picure looks really amazing(so far)
i must say i feel more than privileged to be acquainted with this brilliant methodology
i keep repeating it to myself over and over every day as i stand amazed by the precision and immediate reactions of the market at the most obvious levels ur naked eye can spot.
funny that the easiest things are the hardest to understand and believe in
its ok though...only screen time and countless setups build up ur confidence as you have stated many times
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #5,105
- Mar 19, 2010 12:07pm Mar 19, 2010 12:07pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Hope CHF/JPY 4hr diamond stays fresh till monday. Calling it a week. Enjoy your weekend guys
Hope CHF/JPY 4hr diamond stays fresh till monday. Calling it a week. Enjoy your weekend guys
- #5,109
- Mar 21, 2010 4:08am Mar 21, 2010 4:08am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I made a list of Igrok's posts related to his method. Sorry for the vague descriptions, but I think they should be enough. Anything remotely important is here. Sorted by oldest to newest.
http://www.forexfactory.com/showpost.php?p=263043&postcount=192...
for doing this..u have saved me a fortune in time!!
some sort of intraday descending channel inside a triangle on USD/JPY 
- #5,115
- Edited 10:35am Mar 22, 2010 10:20am | Edited 10:35am
Recently I've noticed different open times between various brokers. Some opened earlier than New Zealand's open, some later. Turns out, for some reason markets open as early as 18.00 GMT. However, activity seems very low and the spreads very high, so it does not seem to be traded much by individuals. For this reason, I suspect, many dealers open later when there's more activity; this way they don't have to employ people to provide support at inconvenient working hours.
To me, this price action seems entirely valid, as you will notice the price continues seamlessly from the true market open, so it's not some internal closed off market.
So, if your broker does not open at Sunday 18.00 GMT, it means you have PA missing from your charts. This leads to less accurate analysis, and as you know, precision is quite important for this method.
Some pictures to support my statements:
FXPro
QuoteCenter (paid data service)
TradeStation
FXCM/DBFX
Oanda
Citi/Saxo
Final comparison:
Citi/Saxo both use the same platform with the same feed, demo accounts are available. I don't like the platform's line drawing to be honest. Apart from that, loads and loads of currency pairs and stocks and everything.
Oanda has a very quick and easy trendline drawing feature, however, the available historic data pales in comparison to Citi/Saxo platform.
Edit: It appears FXCM/dbFX start an hour later. My bad. Doesn't change anything though.
To me, this price action seems entirely valid, as you will notice the price continues seamlessly from the true market open, so it's not some internal closed off market.
So, if your broker does not open at Sunday 18.00 GMT, it means you have PA missing from your charts. This leads to less accurate analysis, and as you know, precision is quite important for this method.
Some pictures to support my statements:
FXPro
QuoteCenter (paid data service)
TradeStation
FXCM/DBFX
Oanda
Citi/Saxo
Final comparison:
Citi/Saxo both use the same platform with the same feed, demo accounts are available. I don't like the platform's line drawing to be honest. Apart from that, loads and loads of currency pairs and stocks and everything.
Oanda has a very quick and easy trendline drawing feature, however, the available historic data pales in comparison to Citi/Saxo platform.
Edit: It appears FXCM/dbFX start an hour later. My bad. Doesn't change anything though.
- #5,117
- Mar 22, 2010 10:02pm Mar 22, 2010 10:02pm
- | Joined Apr 2008 | Status: Trader | 1,040 Posts
Good Trading
