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- ernesto replied Oct 16, 2008
Igrok, yesterday I have a high of 1.1490 in USDCHF... the monthly high before was 1.1487. Does this change the monthly main direction for USDCHF to UP ? And... could you maybe cross-check with your feed whether those highs are correct? USDCHF is ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 16, 2008
Igrok - could you please be so kind and tell me your todays opening price on EURUSD. I'd like to compare those prices as I think that I have troubles with timezones... Thanks a lot.
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 16, 2008
Thanks for your comment... fyi... here the picture that made me believe it could be a diamond with "false breakout":
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 16, 2008
USDCHF - Diamond H4 — Igrok, wondering what you think about the USDCHF diamond... do you consider it a single diagonaled diamond with false breakout to the upside or do you think it's more likely that a dual-diagonal diamond is in the making? ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 16, 2008
Here we go... that is the clean version of the chart I posted before... the lower trendline is the comb... originally thought that we go down directly without the spike up... that was definitely the wrong choice... wonder if there was any hint that ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 16, 2008
USDCHF: maybe too early again... but... possibly we see 1.122 area and afterwards we go up again (1.142 area ?) and continue forming the diamond visible on H4... a dual-diagonal one... The daily divergence points down to 1.075... therefore we might ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 15, 2008
USDCHF - h1 — Hi again, maybe this time I could figure out the right formation... if yes than breakout on USDCHF should happen to south pretty soon... If I am wrong (again) at least I could successfully trade the last 2 inner-moves of the ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 14, 2008
Igrok - do you think the same applies to the European stock exchanges?
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 13, 2008
Igrok, potential Diamond on USDCHF H1 with false breakout to south.... This might indicate a continuation of USDCHF up-trend... Let's see how this plays out... Btw... it might also possible that we move up towards 1.16 and then go down again... this ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 13, 2008
Hi Igrok - just saw this note regarding the USD in the thread history... in my opinion we currently see similar long-term patterns on many majors... AUDUSD, EURUSD, NZDUSD, USDCAD. All of them are broadening triangles with potential to become a ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 10, 2008
Ok - good to know... maybe that's the reason why a lot of my expected formations are failing... have to wait longer to verify them... thanks...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 10, 2008
IMO a perfect diamond on UJ having finally found its right lower border.... Even the diagonal from left to the right has been accepted perfectly... Igrok... (stupid?) question regarding the building of such a formation... does somebody in advance ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 9, 2008
fyi... Reportedly, Yamato Mutual Life has filed for bankruptcy, main reason behind triggering panic selling in Japan mkts. Even though I don't use fundamentals normally... this might be a trigger for seeing a bottom in all JPY crosses... lets see... ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 9, 2008
Thanks a lot... regarding USDCHF / EURUSD.... Would you consider the EURUSD Daily formation as Comb which would normally act as continuation pattern? This might answer the near-time direction of USDCHF too...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 9, 2008
Hi Igrok, just for clarifying diamonds and their diagonals for me... a) Single Diagonal Diamonds - there exists a major (longer) diagonal in the Diamond... b) Dual-Diagonal Diamonds - there exist two diagonals in the diamond that have identical ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 9, 2008
Hi Igrok, what indications make you think that way? * GBP/USD completing divergence * USD/CHF longterm- resistance * EUR/USD longterm-resistance .... ? Thanks for your insight... But... EU might still have some room to go down.... seems that we have ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 7, 2008
Thanks a lot for this comment! Helps a lot for understanding the principles and their priorities... Btw... same opinion regarding UJ... should go up... see a huge broadening triangle with target around 127... though not confirmed with divergence...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Oct 7, 2008
Hi Igrok, taking a look at long term EU (at least at the history of data I have available) I agree that we might go down to 0.96 - maybe even to 0.67 area... But... taking a look at the chart attached I would assume that 1.73 area has to be reached ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Sep 24, 2008
To be honest... don't think that this is a diamond... the left side (broadening triangle) is not the way I would accept it... But... maybe Igrok can give his opinion on it... Also the diamond I posted (if it is one...) has not a very beautiful left ...
Igrok Method. Q's & A's. Comments, thoughts and ideas
- ernesto replied Sep 24, 2008
EURCHF - Diamond? — Hello Igrok, could you please take a look at the potential diamond (EURCHF 4H) attached below... a) would you consider this being a diamond? b) taking a look at the inner moves of the diamond and the diagonal of the ...
Igrok Method. Q's & A's. Comments, thoughts and ideas