In this specific case, you placed your SL level above 169.95 which was the HH (weekly/daily)? Some 170.25 or so would fit a trade this "size"? JP.

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

Yeah.. That's what usually happens with double tops... Price goes down.

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

Hello Mr. Toshchakov, Once again thank you very much for your kind answer. Is the above statement an "evolution" from the information provided in your book? Have you changed many of your thoughts from the time you wrote the book and today. There are ...

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

Once again, I would like to have the owner of this thread answer. I would apreciate your comprehension very much. The question was adressed to Mr. Toshchakov. Once again, thanks for your understanding. Cheers, JP.

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

Hello Mr. Toshchakov, Let me say that your question has generated a thinking process that has opened my mind to a few things. I am have developed the thought that broadening triangles are not quite safe to trade inside the formation. Meanwhile, it ...

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

Hi g_j, Sorry for the delay. Better let the chart "speak" for me. Cheers, JP.

Technical Analysis; S/R, Trendlines, MA's, Useful Indicators and Price-patterns

Giving it a second thought, A broadening triangle is indeed very scary to trade!! An ascending resistance and a descending support!!! I tried to illustrate what you mean for those unable to visualize. Once again geometry playing its role. SL "lines" ...

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

Like I said, it would be a sl frenzy giving my money away to someone else. Yes indeed. Straight from your book. No countertrend moves. Cristal clear! Roger that! Trades in an imaginary channel from that TL would only be shorts from the resistance ...

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

Mr Toshchakov, Tricky question. The attached chart answers your question. It would be a SL hit frenzy, and easy cash for someone else other than me. But most probably with a 15-20 pip difference belowthe TL. How would you handle ...

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

Hello Mr. Toshchakov, By this answer, you strongly believe that the descending tentative trendline will pose no resistance to price? Or at least we could see bounces both ways until it breaks? Attached, follows a chart illustrating my thought. Best, ...

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

Cable 4H divergence — With the help of my man Belekas, 4H divergence on cable. Target @ ~1.8790. Seems we need another confirmation from another TF. Cheers, JP.

Technical Analysis; S/R, Trendlines, MA's, Useful Indicators and Price-patterns

Mr. Toshchakov, Thank you very much for your answer. I will not bother you anymore tonight. Seems I am starting to learn the alphabet. Best, JP.

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

Ok, thanx for your answer. But could you please let the OWNER of this thread answer? I would appreciate this very much. Thanks and all the best, JP.

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

Well, This is the following analysis that I have submited to Igrok: This is my theory backes by TA charts. Lets see what the answer will be. As I pretend some day to become a "heavy" player at this business, I might as well undestand what these ...

Technical Analysis; S/R, Trendlines, MA's, Useful Indicators and Price-patterns

I probably "see" what you mean. FIber (EURUSD), is lacking a second LH in order for another trendline to be drawn so we can complete a triangle thus creating a diamond. You once told me that USDx are almost Inversely co-related. With a better live ...

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

Majors — well, that's what he said. I believe it's going to head up for a while... It's kind of confusing though, aint it? I feel the same as you on aussie, but anyhow, monthly tells me a different story. Although I don't trade from monthly ...

Technical Analysis; S/R, Trendlines, MA's, Useful Indicators and Price-patterns

Unlikely. url url JP.

Technical Analysis; S/R, Trendlines, MA's, Useful Indicators and Price-patterns

Aussie — Hello Mr. Toshchakov, I see a HUGE diamond on AUSUSD. If so, it loks to me this pair could be headed to the lower trendline of the regular triangle. This would take us to the 0.5 - 0.6 area. Is my assumption right? Are we indeed ...

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

You are probably right. I was thinking the same. I believe this "version "makes more technical sense. In this case, the triangle would not be ready to break at this point. JP.

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

GBPJPY Triangle — Hello Mr. Toshchakov, I believe I have spotted a triangle on "geppy" monthly. From what I can observe, this triangle might be ready for a break on the downside. The "coloured area" (salmon) on this zoomed out chart would ...

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