LOL. I've done some projects for several governments (Israeli, EU, US, ex-USSR states). Having seen how things are done everywhere, my conclusions are that uneducated idiots mostly drive everything, and that everything that looks like conspiracy can ...

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

Amazing, how my feelings are similar to yours. Every time I see that months and years apart, time after time, the price touches the same straight line, or two exactly parallel lines - I experience something like a religious feeling. This was what I ...

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

Thanks for the detailed explanations. I wish I'd be able to understand them one day... Why should the market care, what signals are sent? What sort of "motivation" is behind that? On what timeframe do you use MACD for intraday trading? Hourly? With ...

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

Yes, a 'comb', then a breakout in one direction, then breakout in the other direction. This has been a strange week for GBPUSD (assuming nothing dramatic will happen today). For 4 consecutive days, the daily ranges were below average. The weekly ...

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

After the beginning of the Asian session, the price went down and then up. It doesn't seem to me like a 18.2 In addition, the Cable is not in the list of pairs recommended for trading with 18.2... To me, the situation looked more like 19.1...

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

news and average daily range — Some time ago (post #108) I provided some statistics regarding average daily ranges by weekdays. Some differences were found betwen the weekdays. Igrok suggested, that I did that. Igrok's example was correct, but ...

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

Welcome aboard, Henry. I was wrong. These daylight saving time changes drive me crazy. My country is switching to summer time only tonight. For the last two weeks, I have two calendar sites open all the time, but still make mistakes. Anyway, the ...

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

#18.3 on Cable, right? If it reaches 1.9666 within the next three hours, I'll go short, SL 1.9687, TP 1.9564.

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

Yes, it's definitely interesting to see, whether the differences between the weekdays exist only due to the news. I suspect it's not only the news. I'll check, whether it's possible to segregate news from non-news days using a computer program.

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

For me, one of the most useful elements of the Igrok method is the use of Average Daily Trading Ranges (ADTR). If it was possible to predict the magnitude of today's range, our trading could be an easier task. I did some statistics on Cable to see, ...

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

For me it is, like everything else, a strictly empirical question, subject to optimizing for every method and every pair. I can just bring an example of how I take profit in a simple MA crossover method I use with GBPUSD. It took me lots of time to ...

To Trailing Stop or Not To Trailing Stop....

Great. Thank you.

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

Igrok, I have hard time spotting #18.4, which you call your favorite. Could the Cable picture be considered a 18.4 now? Thanks.

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

LOL. I'm still a newbie in fx, but if there was anything that helped me become profitable after a year's work these were my 25 years as a researcher in psychology. Stuff learned in statistics and reserach methods classes, and above all - a general ...

How important is a knowledge of maths?

I think that at least some minimal math (calculus, probabilities, signal detection) is needed to properly (a) calculate your money management rules and (b) optimize your trading method using historical data. Whether any knowledge is needed beyond ...

How important is a knowledge of maths?

Terrific. It doesn't look trivial to me that out of six possible combinations of the sessions when highs and lows are made (Asia-Asia, as in 1999; Europe-Europe; NY-NY; Asia-Europe; Asia-NY; Europe-NY), only two are currently predominant. You know, ...

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

Ok, I see what you mean. I thought the cycles were shorter ones. So, for example, would it be correct to characterize the present Cable cycle as making one extreme during either the Asian or the European session and the other extreme during the NY ...

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

Igrok, I appreciate your replies. I didn't imply at all that knowing intraday highs and lows can help us predict the patterns. I'm not that naive. What I do understand from that chapter is that there is cyclicity in market activity patterns, that ...

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

1) Sorry, Igrok, I've seen only now that you had answered my question (I asked, how important is the timeline in recognizing the patterns). I'm not sure I know how to apply what is said in chap. 16. Let's take my original concern, the narrow ...

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

I love it. Thanks!

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