While scanning through some charts, I discovered the oldest diamond I've encountered so far, dating back to 1966 on Dow Jones. It choose final destination around my birth 18 years later. I can't tell why I'm so fascinated by such market-patterns

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

Not necessary programmed to fail but very few are programmed for success.

Are Traders Programmed to Fail?

Divergence — Here is the sickest divergence I have ever since, even beating Igrok's usd/dem divergence in his book on above daily TF. Quadrople divergence on weekly chart on gbp/aud.

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

Piece of advise? Don't try and be a smart-ass closing out your position, going for a salad outside instead, because you think the week is over and you're tired of watching screens. That must be the most expensive salad in my whole life

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

Good initiative for a thread! I'm looking at the same scenario. Might be a trend continuation-diamond on the USDX

USDX

I should start a own thread in the system section regarding 18.4. It might turn out helpful. But the essence is timing, yes. We sure are. When I started out, 18.4 seemed to be the worst template for me to trade, now its the opposite. It have made up ...

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

What you're saying here make sense on some of the pairs, absolutely. My testing found that the only pairs this made an significant difference on the profit was: -gbpusd -usdchf -usdjpy -eurusd

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

That it wasn't the key factor. When we met Igrok, he said that too. But our research showed something else first. That it did. Second research, it didn't show any significant difference on the overall outcome (profits).

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

I first believed that every trade from 18.4 had to be in both MM of daily and week. In some pairs, like cad/jpy, this is not necessary. I tested it mechanically, using Ninjatrader 7. P.S: that is very true for swissy-pairs.

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

The issue I had with 18.4 before I started doing some research on what variables making significant difference, was the low hit-rate, ranging from 35% to 44% at best. I found out that numbers of time the MMOTD had changed to be significant for the ...

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

I never stopped being impressed how incredible precise the market is. Last week we saw a repeatable pattern to exploit on gpb/usd. This week it was the eur/chf's turn. On Monday, we saw an usual 18.4 The next day, almost the same pattern present ...

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

Actually a very good scenario, well spotted! Here is the diamond that JP also posted on eur/gbp. Confluence between 18.4 and diamond. What a gem. No

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

It is not that easy, just being short/long depending on the main move. And since the stop loss always should be placed outside the daily range, the answer to your question is yes.

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

You guys crack me up At least its nothing wrong with your humor and creativity. I have a new profile-picture for Dopey

The impossible-question regarding Forex

1. A team of people more dedicated and with the same (or more) market experience who managed to work together. The team would be one or two statistician and a couple of engineers/programmers and enough capital for 1 year to run the team. 2. Money ...

The impossible-question regarding Forex

What I like about this exercise is that you find a solution to what seems impossible. and the solution have big potential to move you forward as great ideas could seem impossible . can you imagine what those people who planned to land on the moon in ...

The impossible-question regarding Forex

Yes, that's the one. Looking at gbp/usd, it did repeat its pattern for the third time this week. Amazing.

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

Seems so This happen from time to time with different currencies. Igrok have a chapter about cycles in the book. Something is up with the pound at least. Not sure if its been posted already but eur/gbp is forming a diamond and eur/usd nearer to ...

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