DislikedExactly. Right now we up in the pivot. To climb is necessary to break 1.3649, we expect there to reach the break-out 2.
If 1.3604 breaks we can expect the target 1.3553
Am I right?Ignored
Cheers
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DislikedExactly. Right now we up in the pivot. To climb is necessary to break 1.3649, we expect there to reach the break-out 2.
If 1.3604 breaks we can expect the target 1.3553
Am I right?Ignored
DislikedWhat is the high and low BO above the lower chart and why do they differ from those in the below break out numbers?
I have looked through the thread but seem to be overlooking the answer to this so I appologize if this is a dumb question.Ignored
DislikedRemembering that this phase has not yet reached 100% which would be provided by Bobbi 1.3661Ignored
Dislikedyes but we might have to touch 1.3553 or lower to get to 100% of current phase.Ignored
DislikedHello,
Well, this is interesting. Just taken some weekend time to go thru everything again and run some numbers. Looks like my strategy is doing something not a million miles from Bobi's.
I am attaching my levels calculator for your use (it's in the zip file for safety). I have just tweaked the layout to match Bobi's for ease of comparison of the numbers. For some sets of inputs our outputted levels are very close. Other times, a bit more different. But I am sure the basic principles must be similar as mine is Fibs based too.
(Please note...Ignored
DislikedHas anyone got the historical base numbers and the phase spread numbers for this year so we can do some back testing.
Would be interesting to see how the system performed over a longer period.
And does would the ver1 calculator work on other months.Ignored
DislikedYou can not solely base your trades by just looking at the numbers and pull the trigger.Plan your trade mate learn to draw Sup/Res etc. I personally shorted @ 3631 stop loss was 5 pips, trade moved to BE so not emotionally attach. I normally trade London New York.I saw the opportunity in eurjpy so I decided to trade Asia so far +48 and counting
According to the calculation YES INDEED 3604 is the magic level to go short.
CheersIgnored
Dislikednow that we have touched 1.3558 although, 1.3553 was the TP and price has broken the 38.2% of the yellow fib from below, we naturally expect price to touch the 100% of the current phase.
Hope I'm right?Ignored
DislikedI left sell stop 1.3605 - 7 pips with target 1.3554, but while I was a sleep it missed it and reversed, no trailing stop so I closed it with 14 pips loss .
I must start getting up earlier because I missed lots of trades this few days.
Best Regards to Bobi,Ignored
Dislikednow that we have touched 1.3558 although, 1.3553 was the TP and price has broken the 38.2% of the yellow fib from below, we naturally expect price to touch the 100% of the current phase.
Hope I'm right?Ignored