A similar question: is there the second part of a diamond being formed now on GBPUSD chart (30 min or 1hr)?

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

Perfect logic. I have to be reminded of this important trading instrument sometimes (logic, I mean). Thanks a million.

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

GBPUSD seems to draw the same picture for the third day in a raw. Question: if we are confident that this is a 19.1, why don't we sell when the price reaches, say, 30 p. above the Asian range?

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

This is a bit confusing. In your book, you are sometimes quite specific re. the timing. Could you please elaborate on this topic - in what circumstances should we pay more or less attention to the timeline?

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

I probably misinterpreted what happened today. I thought that the 7 o'clock GMT candle was the first breakout, and the 0930 one was the second, while the 1630 move was something unreated to this tamplate.

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

Hopefully, with your help... The simple ones will be Ok for sure, my problems (you call them challenges in the US) are in the jewelry department Regarding today's GBPUSD #19.1. Did we have any hints that the price will not go beyond the minimal ...

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

GBPUSD: A dawn of another #19.1?

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

Extremely interesting. Thank you.

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

Not only the timing, two more characteristics would make it difficult for me to identify this day as #18.1: 1) the market wasn't drifting on "both sides of the opening price", rather, it was below it all the day, and 2) the new high wasn't made ...

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

Doctor, does your prescription refer to the situation in the end of GMT 0700? Then why isn't it a 19.1? Or you refer to the breakout following the US interest rate announcement? But 18.1 is supposed to be entered during the first European hours. I'm ...

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

Yeah, this was literally a "text-book" case. Could you please, as time goes by and as they eventualize, post more of such examples? Applying your ideas to on-going market is much more educational than plainly reading about them or locating examples ...

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

Well... Definitely something to think about. My first "gut" reaction. I've been lucky all my adult life not to do things according to the rules, to enjoy them and even to do them well and be payed well. I'll try to continue this line with fx. I ...

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

I earn my living by statistics, applied research methods, and data analysis. All these are extremely helpful in forex. I can't understand, how can one move even one step without at least some knowledge of statistics, signal detection theory and ...

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

This is exactly the source of my confusion... In geometry, a triangle is a triangle, a rhomb is a rhomb... :-(

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

Someone calls the diamond (at least its first half) a "real disaster for a trader" (p. 180). I now tend to agree with the author. I think that for a "non-visual" person like myself (I'm better in numbers, definitions, etc.), it would take numerous ...

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

Meanwhile, I have to take your word for that. I know that you have the syntactic rules, but I still have to understand them, let alone use them...

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

Great, thanks! Let's say I can identify two triangles here (I can't, but maybe after seeing a lot more of these I will). Does calling this a diamond provide me with more insight than saying that the price went up within a neat channel from ...

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

Igrok, tnx for explaining. Traex, tnx for drawing. Puzzle. Mystery. Suspence. Where does the diamond hide? Traex, would it be too much work to post Version 2.0 of this chart for a dummy like myself?

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

I just love this game! I can see the two diagonals (two bottom borders of an ascending and a descending channels), I can see, why someone could mistake this for a H&S, but where does the diamond hide? I'm staring at the chart for the second day ...

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

Thanks for posting this, Traex. This confirms what i understood from Igrok. This confirms my problem. And it is as follows. I know, what a line is (s/r, trend, channel, fib levels - any sort of lines and stacks thereof): there is only one line that ...

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