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

  • #7,141
  • Nov 21, 2011 11:48am Nov 21, 2011 11:48am
Quoting jupiter_peak
jumped in EURUSD and EURJPY too...

EURUSD withing good timing (statistically) and good range size (above 51%) so lets see if I can add a few more pips.

GBPAUD simply great trade.
EU and EJ failed. However a 4% increase for a day is simply great! Too good...
  • #7,142
  • Nov 21, 2011 12:46pm Nov 21, 2011 12:46pm
It looks like short term GBPAUD is very bullish at the moment. However, I might begin to look for shorts tomorrow depending on where and when it tops out.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_aud_h1_channel_21_11_2011.jpg Size: 96 KB
  • #7,143
  • Nov 22, 2011 6:32am Nov 22, 2011 6:32am
Two identical setups on different timeframes, nice market last days
Attached Image (click to enlarge)
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  • #7,144
  • Edited 6:57am Nov 22, 2011 6:41am | Edited 6:57am
Looking at USDx it looks as if we should have some short term bearish USD.

A bounce around the 77.82 level up and than a drop down to a minimum of 77.40 seem to be a must.

Actually, a visit to 76.50 seems to be a must.
  • #7,145
  • Nov 22, 2011 7:55am Nov 22, 2011 7:55am
Swissey seems to have a broadening in place already on daily.

Considering we could have a 20.6 drop together with a bearish divergence, we could be forming a diamond on swissey as well. Too soon to tell. However looks promissing.

A double diagonal that is...

;-)
  • #7,146
  • Nov 22, 2011 8:09am Nov 22, 2011 8:09am
Quoting jupiter_peak
Swissey seems to have a broadening in place already on daily.

Considering we could have a 20.6 drop together with a bearish divergence, we could be forming a diamond on swissey as well. Too soon to tell. However looks promissing.

A double diagonal that is...

;-)
By the way: 18.4 on swissey and Euro.
  • #7,147
  • Nov 22, 2011 8:09am Nov 22, 2011 8:09am
Quoting jupiter_peak
I think I will wait for the perfect bull setup (template) either ID/IW or IM to enter long @ a pullback if it comes up. Or even @ the break of the diamond SL size permiting.
That would be ideal.

Quoting PutaMadre
Two identical setups on different timeframes, nice market last days
Nice setups !
Measure twice, cut once
  • #7,148
  • Nov 22, 2011 8:15am Nov 22, 2011 8:15am
Quoting jupiter_peak
By the way: 18.4 on swissey and Euro.
Took both of them, technicals are aliged, let's see how it works out...
Trading = a mirror to your human flaws. Fix them or be fixed.
  • #7,149
  • Nov 22, 2011 8:33am Nov 22, 2011 8:33am
Quoting aediaz1
That would be ideal.



Nice setups !
Thnx! I found them only ones that can be trusted in now days market
  • #7,150
  • Nov 22, 2011 9:42am Nov 22, 2011 9:42am
Quoting jupiter_peak
By the way: 18.4 on swissey and Euro.
It's on GU now, by the stats i should be about 80% possibility for good short trade ) lest see if it will go that way
  • #7,151
  • Nov 22, 2011 10:03am Nov 22, 2011 10:03am
Quoting PutaMadre
It's on GU now, by the stats i should be about 80% possibility for good short trade ) lest see if it will go that way
What are those stats? The MM changes?

I found out that technicals can improve the 18.4s win rate.

For example have a look on GBPUSD, there is a bearish trendline that was tested 4th time just now. That would make a good complement to today's 18.4. Even SL hiding behind the TL would be much better than behind the Daily High. IMO.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 36 KB
Trading = a mirror to your human flaws. Fix them or be fixed.
  • #7,152
  • Nov 22, 2011 10:12am Nov 22, 2011 10:12am
Quoting soso
What are those stats? The MM changes?

I found out that technicals can improve the 18.4s win rate.

For example have a look on GBPUSD, there is a bearish trendline that was tested 4th time just now. That would make a good complement to today's 18.4. Even SL hiding behind the TL would be much better than behind the Daily High. IMO.
No. PM is talking about timing when it comes to GU 18.4. High probability that after NY open, MM won't change anymore.
  • #7,153
  • Nov 22, 2011 11:06am Nov 22, 2011 11:06am
Incredibly EURGBP matched its previous low thus not taking out my stops. Simply unbelievable.

;-)
  • #7,154
  • Nov 22, 2011 11:39am Nov 22, 2011 11:39am
Quoting jupiter_peak
Incredibly EURGBP matched its previous low thus not taking out my stops. Simply unbelievable.

;-)
oh boy...tell me about it...im only hoping the minutes later would be gd enough to let the different pairs complete their daily range...
There are no such thing as mistakes in life, only lessons. - Robin Sharma -
  • #7,155
  • Nov 22, 2011 1:03pm Nov 22, 2011 1:03pm
Quoting sibeiho
oh boy...tell me about it...im only hoping the minutes later would be gd enough to let the different pairs complete their daily range...
Combined results, until now, have been good overall...

Out of the 4 trend following 18.4s (ID) one failed nd the other 3 are in floating profit

EURCAD failed
EURUSD, USDCHF and EURGBP in floating profit.

Lets see how the day ends.
  • #7,156
  • Nov 22, 2011 8:23pm Nov 22, 2011 8:23pm
I have spotted a potential diamond on H1.

Have a Buy Limit prompted @ 1.3450 level with stops below the weekly low.

Going to bed now. Lets see if it gets triggered.

Against the monthly MM, but still worth the shot.
  • #7,157
  • Nov 23, 2011 1:51am Nov 23, 2011 1:51am
Quoting jupiter_peak
I have spotted a potential diamond on H1.

Have a Buy Limit prompted @ 1.3450 level with stops below the weekly low.

Going to bed now. Lets see if it gets triggered.

Against the monthly MM, but still worth the shot.
I'm long on this scenario too.

If you look at gbp/chf, today's PA is identical to yesterday, comparing Asia session. Easy short from the BO.

Yesterday's 18.4 on gbp/jpy seems to pay of, combined with triangle.
Measure twice, cut once
  • #7,158
  • Nov 23, 2011 11:03am Nov 23, 2011 11:03am
Depending on your timing restrictions, a few trades could be taken today. All of them would be in floating profit at this point:

EURCHF
EURAUD
GBPJPY

As a matter of fact, only EURCHF would be a bit too early for my taste.
  • #7,159
  • Nov 23, 2011 7:31pm Nov 23, 2011 7:31pm
Looks like there is some more room for the Euro to go down still. However, I see as a limited room...

I believe there is sufficient evidence that it is a bit oversold and due for a correction towards the 1.3870 level.

Riding the trend is really the best way to make profit. No discussion about that. Picking tops and bottoms, is also the easiest way to burn ones account.

However, there are those who have the guts to take counter trend trades...

Attached Image (click to enlarge)
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  • #7,160
  • Nov 24, 2011 8:25am Nov 24, 2011 8:25am
GU and GJ on the 18.4 move. Waiting anxiously to see USDx change the MM to UP.
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