For the gu 103 short, I waited for the retrace before I got in so hopefully there will not be much
drawdown.
drawdown.
Draw line with predetermined pip distance from the origin line 5 replies
Which platforms offer non-predetermined timeframes? 6 replies
Adjusting the colours of bar range indicator at predetermined values 4 replies
DislikedFor the gu 103 short, I waited for the retrace before I got in so hopefully there will not be much drawdown.Ignored
Disliked{quote} Hi Al - You're right with the 680 short, and that has been what I have been targeting But if you don't mind me saying you need to be really cautious. There is also a 680 long active (TP 1.6868), there is a T5_2_2 (965) long active (TP 1.67723), and a T4Y_1130 long active (1.6827) We are currently nearer those targets than the short 680 so I am preparing myself for it to keep going up. I would prefer a nice drop and then another rise, but I'm getting prepared for further possible highs to 1.6868. Now if it goes 50pips higher than that, then...Ignored
Disliked{quote} Tomorrow there are so many news about gu that the problem will resolveor from side or from other side......Ignored
Disliked{quote} Tomorrow there are so many news about gu that the problem will resolveor from side or from other side......Ignored
Disliked{quote} That's true - the problem with a lot of news on one release comes when it's mixed - you can end up with a stale mate, but hopefully we'll get some momentum either way and finish off some large template targets. If it rises I am looking to 1.69 to be an area to give us a possible reversal.Ignored
Disliked{quote} the problem about this sistem is resist resist resist resist. but it is the same story.If you have a big money yu can resist if you have a small hoard (like me) can you trade with 0,01 lotsIgnored
Disliked{quote} Yep - the MM with these templates is the killer. But don't forget, Bobi did suggest using the templates alongside other systems. He originally introduced the templates to give members a different market perspective - that price is predetermined. Folk could always trade another system, that gives clear MM, but use abonacci template anaylysis for trend/direction/reversal area determination. Remember this is all about support and resistance. Have you noticed how often and T5_103 trade triggers and then reverses straight away, or comes back...Ignored
Disliked{quote} when there are real money you see the grafic go down (if you long) or up if you short )and don't know where the price will give you right so if you haven't nerves very firm you can do many wrong thingsIgnored
DislikedFor the gu 103 short, I waited for the retrace before I got in so hopefully there will not be much drawdown.Ignored
Disliked{quote} That's true - there isn't a system created that gives you 100% confidence in the trade (this is the nearest I have found). Greed and fear have to be conquered for any type of trading. One way you could look at would be to find a broker that allows micro-lot trading and hedging. Then try trading 2%-2.5% of account per trade. Calculate size by distance of opposite signal. ie for T5_103 I use 90pips, for T4Y I use 170pips for 680 I use 350pips. Now this 'only' gives 1%-1.25% per winner. But you know that with abonacci you have alot of winners,...Ignored
Disliked{quote} Thanks Zo - that's the way it goes. Since when I started trading abonacci I have hardly closed any trades early and closed VERY few for a loss. But the markets are frustrating me at the moment. I seem to have lost clarity in how I am trading and I am making bad decisions.Ignored
Disliked{quote} Hi Steve hedging in USA is forbidden and also we Know in this system is hard to find sl what should when we trade in usIgnored
Disliked{quote} Hollowhead I'm sure it's temporary. You are my hero!!!!! Are you using any other indicators right now with this crazy market? ZoIgnored
Disliked{quote} Hi Steve hedging in USA is forbidden and also we Know in this system is hard to find sl what should we do when we trade in usIgnored
DislikedThe way around it in the US is to open another sub-acct with your broker for those hedged tradesIgnored