From Timex to Rolex via Forex/Igrok style

Thanks for your kind words bro. Will be seeking both of those things. For sure. Peace!

Thank you.

I agree with Bel's statement, you clearly have a talent for this ! Keep it up Mr

Bel, C, Aediaz,
I am very often in the "market flow" during the week and afterwards loose a lot on Monday and Friday... when still being convinved that I am "in the flow".

Do you experience the same? Even though I believe in market perfection, it seems that Mondays and Fridays are somehow more error prone.... at least for me....

Hi Ernesto,

The market is perfect, like a Swiss made watch from my perspective. Personally I don't experience some sort of errors during these days. I think that there are so many different setups: figures, range templates and etc. there in Igrok's method that you can choose something, depending on the PA for each trading day or night, doesn't matter if it's Monday or Friday. All that matters is the setup itself, all the odds and if there are more odds in your favor than against you. But I do think that the season of the trading year matters more than a day of the week. Basically a trader has to adapt and the templates are your "clothes" for every season, every day and every PA given to you: choose the right way to dress in the FX jungle to stay alive. Besides that there is a psychological aspect too. Market itself is perfect 100% so adapting means struggling with the way of understand things. There are no errors in the market and the only error is that traders miss something.
Be careful on Fridays as they are the weeks closing days - take more notice to the AWR. I do check the news releases (don't care what they are about) as sometimes the market is a bit crazy during them - but for an hour or so after a release. If your trade hasn't got any "breathing space" - close it before a release and don't bother if it goes the way your trade was opened afterwords. Don't forget that you could easily be in a loosing trade. Don't count other peoples money, there's always a better trade around the corner.
Don't forget correlation as other pairs or indexes might stop your trading pair going the way you were thinking it will go after filling the ADR, AWR or AMR.
Everything else is common sense that I am sorry but I won't be able to help with. I won't ever forget the words Bel told me a year ago: "believe me, it is possible to learn FX, but it is so hard to teach someone to trade". It's true!
And if you'll still find that those days bring you some errors - don't trade during them live or enter a trade with a bit smaller position. At least for a while and check the percentage of your account if it is not your imagination about Mondays and Fridays.

It is only my logic and hope that helps.

Excellent post Mr.C.

Your advice and your charts will only continue to make us better traders. And what you and Bel say is so true, you can't teach someone to trade, we can only experiance and learn the markets for ourselves.

Invalidated.

Saying good bye for some time as I'm traveling to the USA tomorrow. Will be staying in Chicago for some time.
There will be less posts from me, but I will be in the market.
Wish you all green pips. Good luck everyone. See you soon.

Congratulations with the completion of one full orbit around the Sun! May the probabilities stay on your side in Chicago

Some setups to watch:

Have a good trip and enjoy the killer house music out there!

Last order from Lithuania. U/J: sell @ 84.306, SL 20 pips. TP 83.100.

I gave 26 pips back trying to buy this shit during Asia while beying intoxicated from all the drinks we had, LOL! No reverse this time and I'm starting to hate this pair! Lets see what happens later on today into NFP and Unemployment numbers come out.

Hey man. Loss of 0.8% on U/J. Don't like that at all.
Greetings from Chicago by the way.

Thats my boy. Send my regards to Al Capone, aight?

Will do. I'll have a meeting with him later today.

Half closed for 55 pips (2.2%+) and the rest running with SL at b/e.

The rest closed for 100 pips.

Enjoy your stay in Chicago

Hi man. How are you? Love the Downtown Chicago already and I haven't seen all of it yet. I'm still getting used to the time zone change that is affecting my trading. Became 8 hours younger.