Aboonacci System - for EUR/USD prediction

UPDATED:OCT 30-2010 Abonacci Power3 Template is available in the attachment to download
UPDATED:OCT 25 -2010 Abonacci Calculator Version 3.7. Download it from attachment.
UPDATED:Oct 8 - 2010 New Version of Abonacci Calculator is released(Ver3.0) . Please find the attachment (AbonacciPivot_Ver3.Zip)
UPDATED
Please download the PDF file . I have gathered all descriptions I posted in this thread and I added rules and expressed explicitly.
Download link:
http://www.4shared.com/file/wYEiroUE...ning_Ver1.html
And also you can download attachment at this post.
Updated :Sep28-2010
New version is uploaded . Please download the attachment.
UPDATED: Download October template at the end of of this post.
UPDATED:October 5 - 2010 Power 4 is ready to download . Please find it in the attachments.
UPDATED:October 07- 2010 Learning Video File about Power 3 interpretation . http://www.youtube.com/watch?v=yiImdlFtevU
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UPDATED :Oct 2 -2010
Hello traders
On 15th of last month I came and I introduced a new way of thinking about this market . I said that there is a system that works rule based and I claimed many things . But all happend , Even last day of the month .Some saing there was a trend so it happened !
I do not like to enter to these kinds of things , challanges whatever you call, but what I did , I opend a new vision about trading and:
- Now we know each pair has a different frequancies and you can not treat a pair like the others(but you all are using indicators commonly to identify them)
- The market is pre-determined and news act as an accelerator.
- Any supports an Resistances are generated from 1st minute of new month related to last month range.
- There is a default value for each pair that causes that pair changes the rout (EUR/USD is 7 )
- Breakout levels are the only way of succesful trading.
- A new way of combination of 2 or more fibs to create a new Fib which is derived and can give u better points.
- Each month has a phase and monthly movements are based on phases.
- There is a golden phase base number that even you can call it real pivot and all movements are started from that phase base level.
- Each phase has a High Reversal Point
- Each phase has a Low Reversal Point
Is it whole the story?

what else?
- Yearly Phase Lenght .
- Monthly Trending Fib.
- Abonacci Jumping fibs.
- Monthly repose Cycle
- Yearly repose Cycle
- Monthly repose jumping fibs
- There is No Yearly Repose Jumping Fibs
- Golden Abonacci Number ( each phase has a golden ratio )
- Each day causes a new Phase Base level.
and ..............

and much more that none of them you have heard about before. I will try to broach our head to get new ideas .
You know camarilla equation. The owner of the system never revealed the formula but made many to think about that and now many are introducing camrilla equation . But he sold the formula to a company . http://www.camarillaequation.com/ is claiming is only
company has got the main formula and only their formula is working . But the idea helped many to make a new formula and many are using.

I have investigated EUR/USD and some other pairs and found all those things as formula.I believe a trading system is a system which is base on the rules . I will not share any formula but here I will share :
what I found and the ideas that work and certainly you saw worked for last month that is why mnay are coming this thread and if you see the counter of thread is going faster than the other threads.
I will try to describe the theory behind all of them in this month.
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You have always heard about Fibonacci . But in this new topic I will describe new system which will make you have prediction of EUR/USD . This system only works for EUR/USD , OIL , DOWJ . Its formula based .
You can download Abonacci (Future Fibonacci) for eur/usd and be surprised about that.

These templates are only for EUR/USD
http://www.4shared.com/file/3FmVvx9V...10_power3.html

you can duplicate phases .

This link is also for current month . (SEP 2010)

http://www.4shared.com/file/2kTHq_PU...10_power3.html

In this system , all fibonacci which are drawn are constant until end of the month. If %38.2 of fibonacci levels are broken from down , then it will meet 100%.
each 0-100 % is called a phase and if in a month 2.38 of phases are passed then that month is an up trend and trend will not be reversed and will get to 4th phase .
The thing which is very important is that , the Abonacci system is not related to the past and only is calculated from last range of previous month and there is no reference for 0% or 100% . to find 0% , a big calculation is done and then phases are duplicated .
Each month has its own range for phases . sometimes its 122 pips or less and sometimes its 158 pips and is caused from last month's range .
To find breaking points do as follow:
1st Step:
http://i54.tinypic.com/219tir4.gif

2nd Step:
http://i56.tinypic.com/2exykuc.gif

3rd Step:
http://i55.tinypic.com/2reo4sj.gif


UPDATED : Please download the video learning file at http://www.4shared.com/file/SguDHmMc..._Steps1-3.html

The best reversal point is 38.2 of the white fibonacci drawn resulted from Step3;
For example I sold euro at 1.3018 and my SL =1.3033 and my TP=1.2955 as price came below 50% of blue fib (1.3007) in the beginning time of the new day .
You can see also reflection of price to each levels.
How do you think about that?
you can do the same procedure for all other phases .
do the same for last day and be surprised as I did yesterday and my stoploss was only 5 pips .

It is the best for 15 MIN. But it works for all time fames as it works with price and just needs some knowledge about fibonacci trading . I never use any indicator and my max stop loss is 30 pips and TP is normally 100 pips.But mostly stoploss is 5 pips. Just you need to work with this system for some days the you will get how to enter the market .

The very important thing is that , this system and all phases and fibo levels are constant and will not be changed until end of the month and in the beginning of the next month every thing is changed and new phases will be created . Please be considered that its a new concept in trading and I found out that no support and resistance levels in the past are valid and new support and resistance levels are created in the beginning minutes of first day of each month .

UPDATED:
you can download Abonacci Pivot calculator at http://www.4shared.com/file/fKcdKFDZ/AbonacciPivot.html Its free.

ok cant wait to know. hows the r:r like

The pip diff between the the August and Sept 100 lines is 1265 and 1279 f decimals.

And the S n Rs, I must say, are impressive and dead on target.

Based on your initial post, its formula based and that is super.


So the formula or methodology to follow on the first of every month is ......??

Cheers

Pat1

Each month has a unique fibonacci and will be created in the begining of the month . The formula is very very complicated but I will send each month the fibonacci lines .
I will try to describe the way you can trade in next posts , but get ready to say that I will show the reason for each candle very soon.

how do i use the template? should i insert it into a daily chart?

Thanks so we do this daily?

It is the best for 15 MIN. But it works for all time fames as it works with price and just needs some knowledge about fibonacci trading . I never use any indicator and my max stop loss is 30 pips and TP is normally 100 pips. Just you need to work with this system for some days the you will get how to enter the market .

I have calculated some other fibonacci phases (That I name this system Abonacci because it talks about future and 0% and 100 % are not referred to the past) that is suitable for long term trading for whole month .If you find that interesting I can post them.

This is amazing so can i use 1.29531 as the entry to buy and take profit at 100% level of the white fib?

Some times yes and some times no . It depends on which level and phase that is and also the strength of last day (RANGE). But if this point is broken , and goes below 1.2930 to continue for going down , it should not come above 1.2977 . Its a rule based system . If it comes then you should consider it as an up trend .
I found that this market is a formula based market and you can not use an indicator for all markets . This system is different for GBP/USD and DOWJON or OIL and have their own templates which I create them in the begining of the month for whole month.

If you see how the price is sensitive to fibo lines , you will get each candle is trying to break each step of these constant fibo lines .
The system says it shoul get 1.3197 and then if 1.3208 is broken it should get to 1.3323 as next target . These points are not produced from watching the past , its calculated from the wave length and range of last month .
Each candle can be predicted by Abonacci system before happening.
http://i53.tinypic.com/afgc5i.gif

http://i52.tinypic.com/imjmyv.gif

I'm having a hard time understanding.

Should we be watching the yellow lines, the white lines or the blue lines?

Thanks

I;ve attached a chart with your september template to calculate October phase height.
Step 1 and 2 are the fibs fron 23 to previous 50. and the Step 3 is te fib from higher 23 to lower 61. So for October 2010, the phase height estimate is about 160 pips.

Q1: Does this meet your method.

Q2: If this is continued on a monthly basis, the phase heights for each month will keep on increasing, which is highly unlikely.

Cheers

Pat

All lines should be taken into consideration . But be noted that Blue and white lines are taken from yellow lines . But for ranging and break outs , The white and blue lines are important . If you just have a look in the past for even 2 or 3 days you will get what I mean . For instance on 10 Sep 2010 I made a buy order and stayed on it . if you like to know the reason just apply those rules (Blue and White Fibonacci to be drawn for that day) and you will get what I mean . For that phase , until end of the month , if price comes to that phase and goes bottom of the phase (1.2645) and comes up to break 1.2662 then it will get to next phase and after breaking 1.2801 again meets 1.2898

No. Please be noted that this template is only for this month (September 2010)and works only on EUR/USD and for the next month it will be changed . Each month I will post the template and as it is constant until the end of month , so it can be traded as the same rules.

Hello aebab,
thanks for sharing your ideas and your system!

It's rather clear to me.. just need a little practice with it..
Imho, it has great potential...

Keep posting mate!
I'd be also interested in the algorithm for calculation, but if you will post
your monthly levels then I have no problem with it..

Many pips,
Indiana

Dear Indiana,
Thank you for your post.
I will explain more . But just to say that I am finishing my program and I found out this market is behaving in a fully predictable manner. I will explain tonight why today was the best time to buy and what reason made today to behave like this . Please consider that this system is not using any indicator or any pivot calculation and its only mathematics and using a program which was whritten in C# language . The parameters used for forecating are High , Low , Close of last month .
As now I am leaving for a meeting , I will post more information later.
Regards

Hello everyone ,
I hope all had a good and successful day . I think those who are familiar to Fibonacci , they got what the system (Abonacci) says. I had spent lot of times just to find a way to realize the behaviour of the market . I liked to know recalcitrancy of market and reason . I read a lot of books about technical analysis . The more reading , the more I was getting far a way from that . I asked myself if indicators are good why they are failing ? What is the reason that Pivot point formula is not answering in prediction ?! For example , why today market was stopped at 1.3036 ?!!
Why we can not say that if 2 pip is passed a price level , we do not say that a breaking is happend ?!!
I found answers of some of my questions and many are still unanswered . But the thing that I found is that each market has a unique wave length and we should find that formula . I have found those formula for EUR/USD , GBP/USD , OIL , DOWJNZ . The result of that wave length which is very complicated , is what I am describing in these topics and what I tried to share .
But if you like to be successful in this business , I think one indicator is enough and that is Fibonacci.
Now I am going to introduce you another way to predict the market with exact level of breaking up level.
Draw a fibonacci from 50% of higher phase to 50% level of blue fibonacci resulted from 1st step (Please refer to http://www.forexfactory.com/showthread.php?t=255974 to learn how to draw these levels if you are new )

http://i51.tinypic.com/2u760i1.gif

The price is stopped at 38.2 % . Yesterday I showed a way to find the best level down reversal . Now that is the best High reversal and if this level is broken the price will go higher and alerts the signal getting to 1.3118.
in the next post I will describe to find the way to get buy signal that happend yesterday .

Please take notice :
All those reversal points ( support & resistance ) are generated in the first day of the month and just it is getting to these levels and its not related to past support and resistances !!!!
Am I true ?
Please let me know your idea about that .

Very interesting! Just quick question, assuming the price breaks the 38.2 Fib level, shouldn't go to the top of the of the phase 1.3147. why stop at 1.3118 (which is 76.4?). According to your earlier rule, if it breaks Fib 23.6 then should reach the 100 of that phase.

Also, i am interested in seeing example of the downjones, i'd appreciate if you could post some examples here or the tamplet.

thanks