Hollowhead, I understand that if the price breaks the 38.2 level ( 1.34715 ) + 10 pips, go to the 76.4 level ( 1.35556 )??
Draw line with predetermined pip distance from the origin line 5 replies
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DislikedHollowhead, I understand that if the price breaks the 38.2 level ( 1.34715 ) + 10 pips, go to the 76.4 level ( 1.35556 )?? {image}Ignored
DislikedHI GANG - Is anyone using the 680 template and if so what timeframe are you trading with it? Bobi said it was his most accurate so I think I will use it. I have had 4 trades so far on the 965 template and all were closed out positive. One went for over 90 pips the others I closed early but they were positive. TomIgnored
Disliked{quote} Hi tomthepoppop To be honest I don't think the timeframes make any difference. If we are setting out entries at levels and targets at certain prices - then it doesn't matter whether you are looking at day candles or 1 min candles. Having said that, if I want to see the phase of a template on one screen then I tend to use daily charts for everything except, 220 which I look at with 4h charts and 103 which tend to be 1h or 15 min.Ignored
DislikedI am currently long on EJ and GU. Both dropped a lot last week due to to news (I nearly had kittens when it went), but I caught a couple of short trades to take the edge of the DD. EJ found support right in the middle of at two bullish TL crosses - might retest again, but am trading it to reach it's upper targets.Ignored
DislikedA question for the thread pros ----- Right now in eastern US the AUD/USD is 0.91636 which is about 74 pips below the 23.6% area. It is coming down from above the 76.4 area. I plan on putting an order in on the T4Y 680 template at 14 pips above the 23.6 level with a TP at the 76.4 area. What do you think. Am I on target or not reading anything right? I do not know how to upload pic of trading screen.Ignored
DislikedHi to all I am a new member & found this so interesting. I found 2 threads "Aboonacci System - for EUR/USD prediction " & "Are support and resistance levels predetermined?" Can anybody guide me how to start? shall I need to read all the pages of the above threads or there is a manual or pdf to read? My last question is from where I can download the required updated tools ? I mean the indicator, calculator, templates, .... thanks.Ignored
DislikedA question for the thread pros ----- Right now in eastern US the AUD/USD is 0.91636 which is about 74 pips below the 23.6% area. It is coming down from above the 76.4 area. I plan on putting an order in on the T4Y 680 template at 14 pips above the 23.6 level with a TP at the 76.4 area. What do you think. Am I on target or not reading anything right? I do not know how to upload pic of trading screen.Ignored