Aboonacci System - for EUR/USD prediction

The risk reward ratio is excellent but its just too complicated for me currently. Hope you can continue to post the entry, tp and sl levels so we can be more familiar the reason you use the system.

Hi hoichoi,

Don't mean to be negative here but I'm with you. Doesn't seem to be any reason to follow this thread since you will be dependent on aebab calculation each month. You can see where this is headed, you spend alot of time understanding this methodology and one of two things will happen, either aebab decides this is all too much work to post the calculation each month and stops or he decides to go commercial and charge you a nominal monthly fee.

It's not to say the methodology doesn't look interesting but I don't want to be dependent on someone to provide me with their special calculation each month so I can trade.

Just my two cents worth.

I marked the line with arrow in the attached chart.

May I know how to calculate those lines. I find that those lines are very useful in H4 and Daily time frames.

Thank you

I agree, teach a man to fish is better than just giving him a fish when he is hungry. It will then be better to give us direct buy sell tp, sl than now after using the formulated template we still need to look for our own entry and exit....

May be the lines which I marked in my previous post are the lines which drawn at 0 Fib level of each phase. Am I right?

Hi aebab,
Thanks a lot for your system,its quit an eye opener.I don,t believe you have shared with us how to use the breakout template,or have i over looked it .if you you have please guide me to the post or please share

This chart looks like Zebra, man. I can pull any 4H chart and place

100 lines 3-4 millimeters a part and that be it.. Forex moves are random.

It's pretty easy to place bunch of lines on the chart and say: "LOOK how

Price Action respecting those lines??" Well, of course it does, if there

is no space without those lines..

I can tell you without any Fib, that EUR will not go anywhere before

Tuesday FOMC. Period.

When I apply the original template to a EUR/USD15 minute chart, the pink and yellow lines are differently located from the examples shown. I use FXDD for my MT4 pricing and tried FXPro as an alternative, but the problem is the same. In Aebab's last illustration, the pink line is at 1.30244, the closest on my chart is 1.30385.

I'm still working on the interaction with the yellow lines and highs and lows, before applying the blues and whites, to see if I can begin to get it to work as it obviously does for Aebab.

I'm wondering if we should go short from 1.3036 with a TP at 1.29599, where the .38 of the lower phase lies and a low was established on 15th, but it's more the result of guesswork than analysis. I suppose some allowance must also be made for it being a weekend.

Give him a break.
He's still explaining it.

He hasn't tried to sell anything. He may not try to sell anything.


If he does, he'll be put in the Commercial section. There is a lot worse stuff than this over there now.

Dear traders,
I would like to say there was no interest to go commercial when I started to post this Thread and still nothing .To say the truth , when I was introduced to Forex trading I started to study about that and I found it really a money printing machine . But I was wondering why this machine is giving out the paper crumple so you can not use that money for payment . Even many times the money notes are scrappy when printing by that machine . I asked myself the way I am going is not true? And asked myself why 95% of traders are losing their money ? I was watching many websites and just I saw every site is talking about the past. I do not forget the time when I attended a conference in Dubai held by a USA company introducing their way of trading . I asked them why you are talking about the past? Do not you want to talk about future ? They never give their Idea about tomorrow.
I was tired of all these things and I tried to learn more and more . The more I was reading ,the more I was getting confused . Can you ask yourself why so much of threads are posting just for a market and onlya few of them are satisfying traders ? Even many bank reports and signals were making me confused . If the conventional way of analysis is true why the banks are failing . They have employed lot of big analysts but they make lot of mistakes .
(for example I am following Mizuho bank analysis and signaling for a lot of time and I am wondering how they make money with those lot of mistakes see ther website http://www.mizuho-cb.co.uk/TresInter...X_-_Majors.htm. I download and archive their reports daily. Since 7 month ago they were not believing that the market is down side and they were just recommending to go long at a certain price and put stop loss there . And In a week you mostly getting stop loss of 4 days . for example on 10 Sep 2010 they recommended to attempt small longs at 1.2985, adding to 1.2885; stop below 1.2770. First target 1.3030, then more!!!! what you score as a trader for their analysis ? (download and see that at http://www.4shared.com/file/bUIoLYIJ/Mizuho.html ) .Even they are not observing money management . 220 pips stop loss for first target of 45 pips of profit !!!! They are not ordinary analysts .
Anyway, Business in my definition is " exchange of value with value ". Everybody is doing business . Giving a value to get another value . Like me , you and all other traders posting . But the value that some of us are seeking is not just money . Karma is what we should consider . I decided to design a way from the ground and the only thing that I selected to use was Fibonacci as its not made and created by human .It is a rule of nature .Lot of time I spent so I found a way to predict the market . I was calculating with a lot of rigor . I tried to pay particular attention to even 2 pips to know why the market is reversed in a certain price ?
Now I have lot of formulas for myself . Pivot , some fibonacci new ratios and many things that I made for myself and I will try to explain in near future .
I have no intention to go commercial now and I hope I can post every month phases and let you download it . I believe Karma and I know if I want to exchange the value of helping you to trade , I will get more and more value of helping to get my projects finished and more accurate )
So Let's to do BUSINESS and exchange our good values.

I am providing softwares to capture video and edit from my computer screen to let you learn by video files.
I will be back by video learning very soon .

really appreciate it thanks so much

Please download Abonacci phase lines file for September 2010 as I updated new phases if price goes higher . Those who are familiar with duplication of phases do not need to download as they can draw new phases manually .

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

[quote=aebab;4031698]Dear traders,
I would like to say there was no interest to go commercial when I started to post this Thread and still nothing .To say the truth , when I was introduced to Forex trading I started to study about that and I found it really a money printing machine . But I was wondering why this machine is giving out the paper crumple so you can not use that money for payment . Even many times the money notes are scrappy when printing by that machine . I asked myself the way I am going is not true? And asked myself why 95% of traders are losing their money ? I was watching many websites and just I saw every site is talking about the past. I do not forget the time when I attended a conference in Dubai held by a USA company introducing their way of trading . I asked them why you are talking about the past? Do not you want to talk about future ? They never give their Idea about tomorrow.
I was tired of all these things and I tried to learn more and more . The more I was reading ,the more I was getting confused . Can you ask yourself why so much of threads are posting just for a market and onlya few of them are satisfying traders ? Even many bank reports and signals were making me confused . If the conventional way of analysis is true why the banks are failing . They have employed lot of big analysts but they make lot of mistakes .
(for example I am following Mizuho bank analysis and signaling for a lot of time and I am wondering how they make money with those lot of mistakes see ther website http://www.mizuho-cb.co.uk/TresInter...X_-_Majors.htm. I download and archive their reports daily. Since 7 month ago they were not believing that the market is down side and they were just recommending to go long at a certain price and put stop loss there . And In a week you mostly getting stop loss of 4 days . for example on 10 Sep 2010 they recommended to attempt small longs at 1.2985, adding to 1.2885; stop below 1.2770. First target 1.3030, then more!!!! what you score as a trader for their analysis ? (download and see that at http://www.4shared.com/file/bUIoLYIJ/Mizuho.html ) .Even they are not observing money management . 220 pips stop loss for first target of 45 pips of profit !!!! They are not ordinary analysts .
Anyway, Business in my definition is " exchange of value with value ". Everybody is doing business . Giving a value to get another value . Like me , you and all other traders posting . But the value that some of us are seeking is not just money . Karma is what we should consider . I decided to design a way from the ground and the only thing that I selected to use was Fibonacci as its not made and created by human .It is a rule of nature .Lot of time I spent so I found a way to predict the market . I was calculating with a lot of rigor . I tried to pay particular attention to even 2 pips to know why the market is reversed in a certain price ?
Now I have lot of formulas for myself . Pivot , some fibonacci new ratios and many things that I made for myself and I will try to explain in near future .
I have no intention to go commercial now and I hope I can post every month phases and let you download it . I believe Karma and I know if I want to exchange the value of helping you to trade , I will get more and more value of helping to get my projects finished and more accurate )
So Let's to do BUSINESS and exchange our good values.[/quote)


Hi Aebab,
I am big fan for fib, but also confusing from time to time. Many thanks for you to share your system with us, will follow this thread to learn from you.
Totally agree with what your said, I believe karma and I believe that anyone willing to help others will get good return in business, thanks again for you spending time to sharing with us.

Hi everybody
Please download the video learning file at http://www.4shared.com/file/SguDHmMc..._Steps1-3.html
Thats only for steps 1 -3 for finding new blue and white fibonacci lines. I will upload new files in future.

Aebab, thanks for your contribution so far. You got my full attention with your predictions which came true so far.
I want to understand more about the background from which phases are calculated. However, it's your own privilege to keep this process for yourself. But, if you disclose it once, we'd be able to understand it thoroughly.

There's one more thing I am very curious about. Since EURUSD isn't the only pair I'm trading, I wonder how difficult for you it is to calculate phases for other pairs?

If it's not taking a lot of your efforts and time, I'd appreciate if you could share other pair's phases too. No need for templates, numbers would be just fine.

Thanks for your interest . To talk about the background its very complicated as I am watching this market from other side . I supposed this market and each pair as a human (its better to say as an entity) . From that view I started to interpret its behavior. I found out that its steps of moving is constant and never changes . To say better and clear , suppose a man is moving . each step is taken 0.5 a meter . This man never runs,never slows down , never goes fast and technically its wavelength is constant .
I realized that previous candles are not important .Price is moving based on last month's high,low,close and daily ranges only are playing a role of pressure to get to its targets .Many things changed to me . I changed Pivot point as I found there is problem in it and it took around 4 months to find new formula .Its very complicated and very difficult to explain because I have to explain many many things that are new concepts in trading and I know lot of traders will controvert . I am in the half way and I hope I can go further.
I am trying to finish other pairs like GBP/USD but still it needs some works to do on it .
Please download GBP/USD template at http://www.4shared.com/file/2yBEPtM0...r3___gbpu.html but its not very accurate and the rules are a little different . Please do not rely on it but please let me know how that is .
Mostly I am trading EUR/USD and OIL and I prefer to become expert in a pair because our job is pip collecting and I say its better to work in one or two pairs and this way you can control your account better . I will try to let you know more about the background of calculation in future specially when you get confident on it and you can guess its behavior .

Hi Aebab

Firstly thanks for the system and the video. Is your video complete as in it's length is 6.21 it seems to cut out towards the end so wanted to clarify this. ok you have shown how to draw the levels which was basic not sure why many seemed to struggle with this, my point is after you have drawn your blue and white levels you have not explained how we use these levels?

You say that when price reaches a new phase and breaks the 38.2 it should reach the 100 level, but you havent explained where to keep your stop level, this is for when price is heading up, also you only seem to be using the yellow Fib lines as part of the template what are the blue and white lines for why have they not been used?

When price is going down and back into a lower phase what level do we look for price to break before we enter and again where should stop be placed and use of blue and white Fib lines. You say 5-15 pips but can you be clear to show us so we can see. Thanks again for your system I'm sure its all relatively straightforward but if you can explain each of the points you need to carry out to look for trades than I'm sure most of us can try to use your system the way you use it.

Thanks

I think we should finish this pair and then go to the next.
We still do not know all basic system rules...

I will explain more in new posts or files .But even if you go back testing you can get . But I will explain Friday market tonight.