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Aboonacci System - for EUR/USD prediction

  • #261
  • Sep 22, 2010 8:30am Sep 22, 2010 8:30am
I have to thank one of traders that developed this nice indicator so you can use it in you chart .
Download Abonacci Phase indicator at http://www.4shared.com/file/4vKVMJ4Z/_Aboonacci.html
Learn to walk before you run
  • #262
  • Sep 22, 2010 8:34am Sep 22, 2010 8:34am
thats what we needed thx for sharing
  • #263
  • Sep 22, 2010 8:38am Sep 22, 2010 8:38am
Quoting daysey
Hi aebab,

I've been following the thread and can say this is just awesome, but for some of us on the forum, we are yet to grasp the details of when exactly to pull the trigger. If you dont mind, could you please show us the example of the 2 trades you took and what exactly was the reason you entered those trades?

I strongly believe that may actually clear up some gray areas for some of us.

Thank you so much for sharing this awesome knowledge.
I will provide you a video file for this purpose today or tomorrow .
Learn to walk before you run
  • #264
  • Sep 22, 2010 8:41am Sep 22, 2010 8:41am
Why nobody didn't say "good job", I think i made a good forecast
I think it's good for newbie My friends were surprised..
  • #265
  • Sep 22, 2010 8:58am Sep 22, 2010 8:58am
Great work.. really..
now my question is this how to use this indicator... do we play with the settings or its build with defaults?

Thanks again...
  • #266
  • Sep 22, 2010 9:02am Sep 22, 2010 9:02am
Good job Krishelis (better late than never)
  • #267
  • Sep 22, 2010 9:11am Sep 22, 2010 9:11am
that is so strange i done the calc for today and price went excat to the predictet lvl + 1 pip
  • #268
  • Sep 22, 2010 9:23am Sep 22, 2010 9:23am
Mind your trade
This is a good reversal point at 1.3454 . If broken gives a signal to 1.3528 . If broken , probably that not to be met today but most likely soars there .
Learn to walk before you run
  • #269
  • Sep 22, 2010 9:40am Sep 22, 2010 9:40am
thanks for new indicator, is the aboonacci indicator can be used in any months? or have to update in every beginning of the month?
  • #270
  • Sep 22, 2010 9:43am Sep 22, 2010 9:43am
Do new calculation with the software ,and see what is going on at the moment . The price entered a new phase but 38.2% is not passed , so do your calculation with 1.3439 which is the highest price of the day and 1.3470 which is 50% as Monthly value (50% of that phase which price already entered to) .
Close=1.3439 Monthly Value=1.3470

This is the result and Interpretation:
Pivot is 1.3438 only one pip lower .
High break out level=1.3449 so if you sell your stop loss should be higher than this point .(10 pips!!!)
Low break out 1=1.3417 (its broken now)
Low Break Out =1.3400

from this Interpretation I sold Euro at 1.3430 and TP=1.3375
Learn to walk before you run
  • #271
  • Sep 22, 2010 9:44am Sep 22, 2010 9:44am
Quoting aebab
You can download Abonacci indicator to draw Phases at http://www.4shared.com/file/4vKVMJ4Z/_Aboonacci.html
And believe it or not , the formula is not a line or 10 lines . Its a procedure that should be done and its done by my software I have developed and for development of this software I spent more that 3 years and thousands of lines are written in c# . its a property and can not be revealed . You can take your positions in any broker . Just close of day I recommend to get it from USA market close time

This means we depend on you giving us the base Nr . and Phase range for the indicator each month ?
  • #272
  • Sep 22, 2010 9:47am Sep 22, 2010 9:47am
Quoting yusuf84
thanks for new indicator, is the aboonacci indicator can be used in any months? or have to update in every beginning of the month?
That should be updated in the beginning of the month and I will let you update by providing information and templates
Learn to walk before you run
  • #273
  • Sep 22, 2010 10:31am Sep 22, 2010 10:31am
Quoting aebab
Do new calculation with the software ,and see what is going on at the moment . The price entered a new phase but 38.2% is not passed , so do your calculation with 1.3439 which is the highest price of the day and 1.3470 which is 50% as Monthly value (50% of that phase which price already entered to) .
Close=1.3439...
aebab,

From what you've been doing, whenever the price moved to a new phase, stopped at a certain fib level and reversed, creating a new high or low for the day, you do a new calculation of the levels?

Thanks,
sclau
  • #274
  • Sep 22, 2010 10:35am Sep 22, 2010 10:35am
Lovely.. I like it on demo... one more week of this practice.,, then switch to live.......
Thank you Amigo
  • #275
  • Sep 22, 2010 10:37am Sep 22, 2010 10:37am
What do you feel about real time signal I gave?
Did it helped you to know how to get signal from software ? 55 pips of profit it gave with confidence . Do you believe now that trading is very easy if you have a good tools . Entry and exit.
Have a nice trade
Learn to walk before you run
  • #276
  • Sep 22, 2010 10:46am Sep 22, 2010 10:46am
THank you very much for this system. It's great. Was using another system until now, but after demoing this system, results are excellent.
Thanks a lot again Aebab. God bless U!!!

Sting
STING
  • #277
  • Sep 22, 2010 10:54am Sep 22, 2010 10:54am
at my broker the target you gave was not hit until now but great trade anyway . I have a protective stop loss in profit terretory and wait for it or tp getting hit
  • #278
  • Sep 22, 2010 11:11am Sep 22, 2010 11:11am
Quoting aebab
What do you feel about real time signal I gave?
Did it helped you to know how to get signal from software ? 55 pips of profit it gave with confidence . Do you believe now that trading is very easy if you have a good tools . Entry and exit.
Have a nice trade
Thanks Aebab, it did help. However, please endeavour to still make the video to better drive home the point, especially why you picked that high for the day while the candle has just about ended.

From my understanding, it may just be because the price has reached the 100% of the upper blue fibo. Some of these little understanding can really help in using the system effectively.

Thanks.
  • #279
  • Sep 22, 2010 11:14am Sep 22, 2010 11:14am
Quoting daysey
Thanks Aebab, it did help. However, please endeavour to still make the video to better drive home the point, especially why you picked that high for the day while the candle has just about ended.

From my understanding, it may just be because the price has reached the 100% of the upper blue fibo. Some of these little understanding can really help in using the system effectively.

Thanks.
Nice point....it will help alot
  • #280
  • Sep 22, 2010 11:21am Sep 22, 2010 11:21am
Hi Aebab, I would like some further clarity on this post. Ok so highBreak out 1 which 1 is 1.3449 ie if this is broken we go long fine, low breakout 1 point was at 134.17 and the low breakout was at 1.3400. What I dont understand is why do you enter at 1.3430 I can see thats at the white 100 Fib level but would it not make sence to see 1.3417 get broken wait 7 pips than enter at 134.10 for a safer trade??

post
Quoting aebab
Do new calculation with the software ,and see what is going on at the moment . The price entered a new phase but 38.2% is not passed , so do your calculation with 1.3439 which is the highest price of the day and 1.3470 which is 50% as Monthly value (50% of that phase which price already entered to) .
Close=1.3439 Monthly Value=1.3470

This is the result and Interpretation:
Pivot is 1.3438 only one pip lower .
High break out level=1.3449 so if you sell your stop loss should be higher than this point .(10 pips!!!)
Low break out 1=1.3417 (its broken...
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