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Aboonacci System - for EUR/USD prediction

  • #541
  • Sep 26, 2010 10:37pm Sep 26, 2010 10:37pm
Not true. The end for every impulse can be reliably predicted (in general, sometimes the patterns are too messy for forecasting). Corrections are harder, but not hopeless.

I'm not referring to Bobi's method though.

R

Quoting SkyzerFX
Yeah, ...

Forex is unpredictable, ...
  • #542
  • Sep 26, 2010 10:46pm Sep 26, 2010 10:46pm
It seems that this method is becoming a simple breakout system. Numerous of them already exist. Could this be any better than the others?

A similar tool to Abonacci pivot that I'm still sometimes using is from Bobokus (he nowadays has his own website). Take a look.

R
Attached File(s)
File Type: mq4 Bobokus fibo daily zone.mq4   5 KB | 442 downloads
  • #543
  • Sep 26, 2010 10:51pm Sep 26, 2010 10:51pm
Quoting fxsense
Ignore these clowns. There is a ignore list you can add them to, but I suggest leave them. They are good for little entertainment(Just look under his username, "Fun Manager"). That's what they are. Not worth our time and energy.

Fortunately only 2 or 3 are trolling this thread so far.

dont come back later and say i didnt told you so...
StopLoss is for none belivers... Trust the Gurus..
  • #544
  • Sep 26, 2010 10:51pm Sep 26, 2010 10:51pm
I forgot to post my forecast for ~10hours
Attached Image (click to enlarge)
Click to Enlarge Name: rrr2.jpg Size: 166 KB
  • #545
  • Edited 11:19pm Sep 26, 2010 10:58pm | Edited 11:19pm
Quoting SkyzerFX
Yeah, I hope they can write Roulette calculator base on

Fibonacci/Abonacci/Bobonacci or whoever else.

Basically, if you believe in this stuff, you should be able to predict

any Lottery outcome as well..

Forex is unpredictable, - too much stuff beside Technical BS

actually playing bigger role in Forex movements.

INSIDER INFORMATION -Indicator #1 on any markets, anything

else just a guessing. Good luck with your calculations, just don't bet too much

on that and you should be fine.
Dude, I respect you,but...
You don't want or can't understand this system, if you could then you would change your thoughts.
If you are looking so pessimistic on this system, why you're here?
  • #546
  • Sep 26, 2010 11:00pm Sep 26, 2010 11:00pm
Entered a short trade at 1.3452 with a target at 1.3423. Pending long order at 1.35790 with target at 1.36000
  • #547
  • Sep 26, 2010 11:10pm Sep 26, 2010 11:10pm
Quoting simplecoders
Entered a short trade at 1.3452 with a target at 1.3423. Pending long order at 1.35790 with target at 1.36000
Why you did it ?
Watch my screen, there are big blue line, which is support and price didn't break it. Just only 4 pips over.
  • #548
  • Sep 26, 2010 11:11pm Sep 26, 2010 11:11pm
Quoting simplecoders
Entered a short trade at 1.3452 with a target at 1.3423. Pending long order at 1.35790 with target at 1.36000
Interesting as I did the opposite. I entered a long at 3452 with a SL @ 3422.
  • #549
  • Sep 26, 2010 11:19pm Sep 26, 2010 11:19pm
Hello Krishelis

Please can you kindly explain the thick red and blue line in your screen

Thanks
  • #550
  • Sep 26, 2010 11:27pm Sep 26, 2010 11:27pm
Hello Stumpy?
Quote
"according to the calculator i have a buy order at 1.3517/3531 and a sell order at 3473/3454"

monthly value...1.3467
friday's close....1.3490

RESULT....
pivot...1.3492
1st high breakout=1.3517
target= 1.3517
2nd high breakout=1.3577

1st low breakout=1.3473
target= 1.3421
2nd low breakout=1.3379
target=1.3347

Where do you get this value of 1.3531 and 1.3454 from the calculator?
  • #551
  • Sep 26, 2010 11:45pm Sep 26, 2010 11:45pm
Quoting BJ1
Interesting as I did the opposite. I entered a long at 3452 with a SL @ 3422.
You entry is good in the long run. When the price crosses the 38.2 line it should reach the next magenta line which in this case ends at 1.3531.

But going through the calculator the Low break out level today is 1.3453. which it crossed already. My target is set at Low level target 1. 13421 + spread + 1.3423.

Let us watch the day!!! It should touch the Low level target before resuming its long journey.
  • #552
  • Sep 26, 2010 11:47pm Sep 26, 2010 11:47pm
Quoting lillelise
dont come back later and say i didnt told you so...
Thanks for your concern (which no one give sh*t about).

Now go back to clowning other threads with your double breasted blazer, gray wool pants, wingtip shoes and the haughty attitude of the INTERNATIONAL BANKER, along with the yacht, the homes and your trophy wife.

Hmm clown with an attitude.
  • #553
  • Sep 26, 2010 11:52pm Sep 26, 2010 11:52pm
I would suggest you do backtesting with Abonacci calculator and you will see how "Low Break Out and High Break out" are working. After lectures i will post some examples. It's just my opinion(or thought) between these lines - thick red and blue lines we can't determine there are bullish or bearish.

thick blue - Big support (Low break out 1.3455), if price will break it then we will go 1.3424 (Target). Before this, if "Low break out 1" (1.3476) would be broken then we will go to this Support (thick blue line)

thick red - "High break out 1" = target = Resistance

About green FIBO
There are rules:
As closing price is higher than 76.4% of this new fibonacci level so there is a sentiment
for the price to be reversed at 61.8% of new fibonacci . If the price is below 76.4% then
goes to 61.8% .
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 170 KB
  • #554
  • Sep 27, 2010 12:02am Sep 27, 2010 12:02am
Quoting simplecoders
You entry is good in the long run. When the price crosses the 38.2 line it should reach the next magenta line which in this case ends at 1.3531.

But going through the calculator the Low break out level today is 1.3453. which it crossed already. My target is set at Low level target 1. 13421 + spread + 1.3423.

Let us watch the day!!! It should touch the Low level target before resuming its long journey.
I see what you mean. My long entry was based on the breakout template. In any case, SL has been moved to BE with a target of 3515.
  • #555
  • Sep 27, 2010 12:13am Sep 27, 2010 12:13am
Quoting krishelis
I would suggest you do backtesting with Abonacci calculator and you will see how "Low Break Out and High Break out" are working. After lectures i will post some examples. It's just my opinion(or thought) between these lines - thick red and blue lines we can't determine there are bullish or bearish.

thick blue - Big support (Low break out 1.3455), if price will break it then we will go...
If you use the low breakout figure of 1.3456 then that level was broken by 10 pips, surely that would be classed as breaking it, aebab uses fxpro for charting and it went down to 1.3446!
  • #556
  • Sep 27, 2010 12:16am Sep 27, 2010 12:16am
Quoting luckylady
If you use the low breakout figure of 1.3456 then that level was broken by 10 pips, surely that would be classed as breaking it, aebab uses fxpro for charting and it went down to 1.3446!
London session. not asia.
  • #557
  • Sep 27, 2010 12:16am Sep 27, 2010 12:16am
somebody help me, im new to this forum.
how to get the calculator?

thx
  • #558
  • Sep 27, 2010 12:25am Sep 27, 2010 12:25am
http://www.forexfactory.com/showpost...&postcount=222
  • #559
  • Sep 27, 2010 12:28am Sep 27, 2010 12:28am
Quoting luckylady
http://www.forexfactory.com/showpost...&postcount=222
Ok.
Bouncing off the 50% white level for me ATM
  • #560
  • Sep 27, 2010 12:28am Sep 27, 2010 12:28am
Hello krishelis

Thanks for your time in doing a picture. I am using the calculator but first confusion is what is the difference between High break out /pivot/low breakout and the same inside High low breakouts table?

You have red high break out from top High break out /pivot/low breakout table and Blue from Low breakout 1 from below why?

More questions to follow, Actually a good intro on the tool would be great if you understand it thanks?
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