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DislikedHi 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.Ignored
DislikedYou 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 timeIgnored
DislikedDo 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...Ignored
DislikedWhat 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 tradeIgnored
DislikedThanks 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.Ignored
DislikedDo 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...Ignored