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Aboonacci System - for EUR/USD prediction

  • #1,481
  • Oct 4, 2010 9:15am Oct 4, 2010 9:15am
Will all the respect you might deserve, but since this thread is not an open discussion anymore, it is getting confusing to understand between lines. Lately I am just reading questions addressed to Bobi from members and the other followers of this thread are kind of waiting for I don't know anymore... can someone indicate what can we expect from this thread? thank you for your kind response...
  • #1,482
  • Oct 4, 2010 9:17am Oct 4, 2010 9:17am
Quoting smjones
You said it here exactly in your words ( post 1465)
http://www.forexfactory.com/showpost...postcount=1465

Please be civil with me as I have been with you. thanks again, Scott

BTW, I decided to report this to Admin as it is the beginning of a type of spam I used to see when I was the main moderator here.
I said "I am not going to". I was talking in my presonal capacity. Never said anything on behalf of the group.

Kindly point out what was so uncivil about my response.

You'r welcome to report this to anyone you like.

Best Regards
  • #1,483
  • Oct 4, 2010 9:19am Oct 4, 2010 9:19am
Quoting fxsense
I said "I am not going to". I was talking in my presonal capacity. Never said anything on behalf of the group.

Kindly point out what was so uncivil about my response.

You'r welcome to report this to anyone you like.

Best Regards
Thank you for your answer
  • #1,484
  • Oct 4, 2010 9:22am Oct 4, 2010 9:22am
Quoting smjones
Thank you for your answer
You'r most welcome.
  • #1,485
  • Oct 4, 2010 9:53am Oct 4, 2010 9:53am
Quoting smjones
You said it here exactly in your words ( post 1465)
http://www.forexfactory.com/showpost...postcount=1465

Please be civil with me as I have been with you. thanks again, Scott

BTW, I decided to report this to Admin as it is the beginning of a type of spam I used to see when I was the main moderator here.

Scott,

I agree with you that this is taking on the classic signs of a scam, but I don't believe it is.

I'm giving bobi the benefit of a doubt. I still don't believe he's a scammer.
I think he's well intentioned and may actually have something. He's just having problems putting it across.

He's got some overzealous sycophants in his "group" that are giving him a bad name. These people are around and infect almost every thread of any length. That's unfortunate and hopefully he will correct it.

I may be wrong, but that's my take on it.
  • #1,486
  • Oct 4, 2010 10:14am Oct 4, 2010 10:14am
Quoting billbss
Scott,

I agree with you that this is taking on the classic signs of a scam, but I don't believe it is.

I'm giving bobi the benefit of a doubt. I still don't believe he's a scammer.
I think he's well intentioned and may actually have something. He's just having problems putting it across.

He's got some overzealous sycophants in his "group" that are giving him a bad name. These people are around and infect almost every thread of any length. That's unfortunate and hopefully he will correct it.

I may be wrong, but that's my take on it.
Hi Bill, I did not say scam, I said spam. What I was referring to is when someone attempts to draw traffic to their own site from FF. That is what this "Group" is kind of sounding like to me. I have no idea how reliable the method is.

It would be nice if it was all discussed here in this thread, but apparently that is not and will not be the case.

I agree that the concept looked interesting to me at first also, but there is too much not disclosed for my tastes, so I am stepping out of this thread now, as I have asked my questions and gotten incomplete answers.

It would be just wonderful, if there is something here that can develop and of course I wish you all the best and have the greatest respect for you.

See you around, LOL, Scott
  • #1,487
  • Oct 4, 2010 10:42am Oct 4, 2010 10:42am
Quoting fxsense
Firstly, read my post carefully before jumping to any conclusion. I never said any thread I used a word 'Copycat' thread.

Secondly, I have put my own effort to understand and backtest the system as it suits my trading personality. Never asked Bobi to spoonfeed me.

Thirdly, Bobi knows my feeling about posting any info to this thread already. We have discussed in detail. And inspite of that I am still in the group. And Bobi still continue to contribute.


That your answer, loud and clear.


Bobi has announced creation of group with good intentions....

These are your own words, "but the Group knew the exact reasoning why I entered the trade and that info is only for the group to keep. I am not going to distribute anymore freebees here for leechers to get benefit out of it. If someone is really serious about this system and believe in it, he/she is welcome to join the group, with Bobi's permission."

If certain knowldege is, "for the group to keep", then what is the point of continuing with this thread? Why not just discuss and develope this method/system within the group of select few. I remember Bobi saying that he'd like to take a few people and teach them so that they could turn around and teach the rest of us that are not part of the group. Just so you know, NOT all of us here are "leechers". I beleive in Bobi's system and I do agree that no one has come up with such idea before on Forex Factory. In fact, I made a lot of money last week with this method. I'm not denying it. I have never said anything against Bobi or his methods and when you said what you did, I was very offended.

Just tell me one thing, is this group of select few people going to share what you learn from Bobi? If you are not, then I fail to see the reason as to the continued existance of this particular thread. Please do let EVERYONE know your intentions so that we can decide whether to continue to be here to learn or not. Thank you and hope that I didn't offend anyone here.
  • #1,488
  • Oct 4, 2010 10:46am Oct 4, 2010 10:46am
Quoting billbss
Scott,

I agree with you that this is taking on the classic signs of a scam, but I don't believe it is.

I'm giving bobi the benefit of a doubt. I still don't believe he's a scammer.
I think he's well intentioned and may actually have something. He's just having problems putting it across.

He's got some overzealous sycophants in his "group" that are giving him a bad name. These people are around and infect almost every thread of any length. That's unfortunate and hopefully he will correct it.

I may be wrong, but that's my take on it....
I am sure Bobi has no intention of Scamming anyone. At least so far I did quite good trading this system
Attached Image (click to enlarge)
Click to Enlarge Name: trading.gif Size: 93 KB
  • #1,489
  • Oct 4, 2010 11:32am Oct 4, 2010 11:32am
Friends,

Let us concentrate just on what Bobi says and avoid the distractors. That is more than sufficient for us to learn more about his strategy.
  • #1,490
  • Oct 4, 2010 1:08pm Oct 4, 2010 1:08pm
We are here to learn and make money so can we pls leave the negativity out of it
  • #1,491
  • Oct 4, 2010 5:56pm Oct 4, 2010 5:56pm
Can somebody pls help,Cannot load the template from the first post.
  • #1,492
  • Edited 6:29pm Oct 4, 2010 6:17pm | Edited 6:29pm
Quoting arvin
Can somebody pls help,Cannot load the template from the first post.
Here it is if you need to download it. If you want to install it copy the template to the first "templates" folder, not the one under "experts". Hope this helps.
Attached File(s)
File Type: tpl abonacci_oct2010_power3.tpl   12 KB | 404 downloads
  • #1,493
  • Oct 4, 2010 6:24pm Oct 4, 2010 6:24pm
Hi Bobi
The link to calculator http://cdn.forexfactory.com/attachme...1&d=1285687297 from the first post refers to September version 2, do we need an October version?
  • #1,494
  • Oct 4, 2010 6:40pm Oct 4, 2010 6:40pm
Breakout Template - Does the Sept template apply to this month? If so, is the 50% rule still valid?

Power Template - Seeing how the 38.2% isn't valid for this month, what rules are valid for this template?

NY Closing Fibonacci - The trend is down at the moment. Is this method still valid when the trend is down for the day seeing how it is only to be used for taking longs?

Stop Loss - I read the rules on the recommended SL for the NY Closing Fib and Breakout Template. What about the Power Template?

Calculator - Is the original calculator still being used to calculate entries, exits, etc?
  • #1,495
  • Oct 4, 2010 6:44pm Oct 4, 2010 6:44pm
Quoting Jeg
Here it is if you need to download it. If you want to install it copy the template to the first "templates" folder, not the one under "experts". Hope this helps.



Sorry I dont get it where is the other template folder?
  • #1,496
  • Oct 4, 2010 6:50pm Oct 4, 2010 6:50pm
Quoting BJ1
Breakout Template - Does the Sept template apply to this month? If so, is the 50% rule still valid?

Power Template - Seeing how the 38.2% isn't valid for this month, what rules are valid for this template?

NY Closing Fibonacci - The trend is down at the moment. Is this method still valid when the trend is down for the day seeing how it is only to be used for taking longs?

Stop Loss - I read the rules on the recommended SL for the NY Closing Fib and Breakout Template. What about the Power Template?

Calculator - Is the original calculator...
- Breakout template mentioned above is only for that month . You need new one for this month. I will provide it today and post it.
- 50% is applicable to that
- For power template , only rule of 38.2% is not valid . It doesn't mean that it will not work . Means no guarantee to get to 100% . But you can be sure it will reach to 76.4%
- Closing Fibonacci is used for down and uptrend and is suitable for scalpers. If you know scalping methods you can combine it with that.
Learn to walk before you run
  • #1,497
  • Oct 4, 2010 7:01pm Oct 4, 2010 7:01pm
Quoting arvin
Sorry I dont get it where is the other template folder?
metatrader has 2 "template" folders, one at the first level with folders like "config" "history" and others... and a second template folder under the "expert's" (that would be experts/templates and this is the one you don't want to use), you have to use the first level "template":
metatrader/templates/abonacci_oct2010_power3.tpl
  • #1,498
  • Oct 4, 2010 7:13pm Oct 4, 2010 7:13pm
could someone tell me how I can download three nodes to use the calculator part I?
The system will not let me do it since yesterday
  • #1,499
  • Oct 4, 2010 7:25pm Oct 4, 2010 7:25pm
Quoting Jeg
metatrader has 2 "template" folders, one at the first level with folders like "config" "history" and others... and a second template folder under the "expert's" (that would be experts/templates and this is the one you don't want to use), you have to use the first level "template":
metatrader/templates/abonacci_oct2010_power3.tpl
Got it
  • #1,500
  • Edited 9:28pm Oct 4, 2010 9:05pm | Edited 9:28pm
In the picture you can see how the rule of 38.2% is obeyed last nigh . If price tends to go down and make a new low , then that level should not be broken again .
If Base Level is misplaced only for 2 or 3 pips then this rule might fail .
In another word all traders around the world obeyed this rule to keep continuation of the down trend .
Still do you think Base Level and Abonacci system and this rule are jactitations and that was utterly accidental?!! Or you think that level is perfectly discovered and you can assume it as a down going failure Sentiment Level ?
Abonacci System is not talking about the past . It is only about future .
Attached Image (click to enlarge)
Click to Enlarge Name: ruleof38.2%.gif Size: 38 KB
Learn to walk before you run
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