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Aboonacci System - for EUR/USD prediction

  • #1,601
  • Oct 5, 2010 1:10pm Oct 5, 2010 1:10pm
Hey Bobi!

In this new template we can expect price reach 100% phase, (if it pass 23.6% of course), right?

Thank you.
  • #1,602
  • Oct 5, 2010 1:11pm Oct 5, 2010 1:11pm
Quoting iamtruth
why haven't we got the templates for july, june, may, april, march, february, january of this year?
Because we haven't had them. Which is the point I was making, if you haven't got the baseline and phase levels for those months, then how can you test the calculator.
  • #1,603
  • Oct 5, 2010 1:22pm Oct 5, 2010 1:22pm
Quote:
Originally Posted by iamtruth
why haven't we got the templates for july, june, may, april, march, february, january of this year?


Quoting luckylady
Because we haven't had them. Which is the point I was making, if you haven't got the baseline and phase levels for those months, then how can you test the calculator.

can you re-read your post above?

over and over for those of you who are still placing all their faith into this.
  • #1,604
  • Oct 5, 2010 1:29pm Oct 5, 2010 1:29pm
Quoting aebab
Please download the attachment . Its Abonacci Power4 template for October.
Rule of 23.6% is equivalent to rule of 38.2% . Its used for longer term trading in comparison to power3 .
thx for new template

different numbers of pips in phase but i guess the rules for drawing white and blue fib lines (and others lines described in manual) stay the same?
  • #1,605
  • Oct 5, 2010 1:33pm Oct 5, 2010 1:33pm
Quoting LolCat
thx for new template

different numbers of pips in phase but i guess the rules for drawing white and blue fib lines (and others lines described in manual) stay the same?
No . They are not the same . The team will provide a pdf and upload it very soon
Just the rule of 23.6% should be taken to account . (76.4% is equivalent to it)
if 23.6% is broken then it will reach to 76.4%
Learn to walk before you run
  • #1,606
  • Oct 5, 2010 1:34pm Oct 5, 2010 1:34pm
Quoting LolCat
thx for new template

different numbers of pips in phase but i guess the rules for drawing white and blue fib lines (and others lines described in manual) stay the same?
This is the Power 4 template for longer term trading, to be used in conjunction with this months Power 3 template that we usually use which Bobi uploaded to Post No. 1. Its not to be used instead of.
  • #1,607
  • Oct 5, 2010 1:38pm Oct 5, 2010 1:38pm
Quoting Syahmi
Hi...

I just insert the fibonacci pivot with mid-pivot as well....onto the latest template 4.

Guess what ? Almost identical..... take a look at the chart below...

So now we have another alternative, using old template3 plus fibo pivot onto it is identical to template 4.

It's your choice folks...

Cheers !
So can you please create a template for last month if they are the same? Please read about fibonacci pivots then recommend it
Learn to walk before you run
  • #1,608
  • Oct 5, 2010 1:40pm Oct 5, 2010 1:40pm
Quoting Syahmi
Hi...

I just insert the fibonacci pivot with mid-pivot as well....onto the latest template 4.

Guess what ? Almost identical..... take a look at the chart below...

So now we have another alternative, using old template3 plus fibo pivot onto it is identical to template 4.

It's your choice folks...

Cheers !
The problem with the fibonacci pivot indicator is that it changes every night as soon as the broker's platform changes. So as soon as you go into a new day, those lines will change.
  • #1,609
  • Oct 5, 2010 1:42pm Oct 5, 2010 1:42pm
Quoting aebab
Please download the attachment . Its Abonacci Power4 template for October.
Rule of 23.6% is equivalent to rule of 38.2% . Its used for longer term trading in comparison to power3 .


which template do we use?

why has the template changed 5 days into October?

why does the baseline now meet yestrdays fib cam point? a whole 6 pips out from 3673?

why is octobers baseline not 3605, derived in the way you calculated September and August? 3673 was derived from the last day of the month as opposed to the whole month?

why is the phase now 219 from 127 from 82 from 127? not 50% of the last day high to the 127 cycle derived from prev month figures you used in your first go?

having a selection of 8 EU charts and hand picking the chart to be used when IN to the month doesn't give me much confidence in this "new system".


“If you can't explain it simply, you don't understand it well enough”
Albert Einstein
  • #1,610
  • Oct 5, 2010 1:51pm Oct 5, 2010 1:51pm
Quoting iamtruth
- backtest upto january and see the results from the calculator are appalling
This was a quote from you. Now whether or not you actualy said this or if YOU were quoting someone else, you highlighted it as a main point.

Quoting iamtruth
why haven't we got the templates for july, june, may, april, march, february, january of this year?
This is a strange comment considering the first quote above. If you tested it for the whole year..... what were you using?

Quoting luckylady
Because we haven't had them. Which is the point I was making, if you haven't got the baseline and phase levels for those months, then how can you test the calculator.
This quote, I beleive, covers your two previous quotes.........

On another note. That is an interesting name for a brand new user to the forum in what I guess is considered to be a suspect thread (not my personal view) .................. me thinks a ban is enroute for multiple user names.........

Kind Regards..... always


Lee
  • #1,611
  • Edited 3:15pm Oct 5, 2010 2:09pm | Edited 3:15pm
Actually my TP was based on 50% off the monthly open using last month's HL. (the green line on my chart) so it was predetermined at the beginning of the month as well. Since it was a strong confluence with the Weekly 50% fib zone level, MR2, and DR 1.0, this was a logical choice. 13975 is Camarilla M4, MM+2/8, MR61.8% and WR76.4% area so is the extreme resistance target for EU with a 98% chance of reversal.

I understand what you're using, and it really doesn't require a lot of explanation. Basing the fib retracement levels off the monthly camarillas is pretty staight forward for determining EU movement.

The questions that you avoided in your response to me is why didn't you provide people with the indicator in the first place but instead are making them rely on you for "Power" templates? Why didn't you explain to people in the beginning what your levels are based on? And why are you calling these levels and a straight forward price pattern a "system" which can "read the future"?

I have no problem posting indicators and rule based trading plans. They aren't rocket science. I do this on my thread all the time.

But, it is not my responsibility to explain to you how I trade. You are the one presenting people with "the most reliable system ever created" so it's your responsibility to be honest what it's based on, and give people the proper tools so they can learn how to do it themselves. Not create a dependancy on mystery levels, mystery software that you show jpegs of but aren't making freely available, and making what it's based on sound much more complicated and secretive then it needs to be.

anyway, I'll post the indi on my thread.

Best of luck.

Quoting aebab
Could you please give us whole story about the current month with that indicators ? And could you please let us know when we should put our TP or SL ?
-Can you setup a system with this indicator and let the others obey that system ?
- is it a rule based system . We have rules here. I think you are new with this system and you are judging incorrectly .
-Please let me know why price is stopped at 1.3849 regarding your indicator or system .
- Is it pre-determined from beginning of the month that this price will be a resistance?All who are using...
  • #1,612
  • Oct 5, 2010 2:11pm Oct 5, 2010 2:11pm
Quoting aebab
So can you please create a template for last month if they are the same? Please read about fibonacci pivots then recommend it

aebab, now at this junction, i think you should start ignoring posts of this nature and concentrate on explaining your point to those of us who are ready to listen.

you should understand that some people are out to just distract your attention.

it is of no use responding to any negative posts.

meanwhile, a big thanks for the new template
The World As It Is Can Do With Your Positive Disposition
  • #1,613
  • Oct 5, 2010 2:12pm Oct 5, 2010 2:12pm
hello boobi i aM also from Georgia the MIGHTY hoomeland, how are you

thank you so much thsi thread people around the worlds are making the cash

I will study it ALL tonight and maybe perhaps one day also wiill I own a wealth managmnet fundd in GEORGIA
  • #1,614
  • Oct 5, 2010 2:21pm Oct 5, 2010 2:21pm
Quoting aebab
Please download the attachment . Its Abonacci Power4 template for October.
Rule of 23.6% is equivalent to rule of 38.2% . Its used for longer term trading in comparison to power3 .
Thank you.
  • #1,615
  • Oct 5, 2010 2:23pm Oct 5, 2010 2:23pm
Quoting Fudomyo
Actually my TP was based on 50% off the monthly open using last month's HL. (the green line on my chart) so it was predetermined at the beginning of the month as well. Since it was a strong confluence with the Weekly 50% fib zone level, MR2, and DR 1.0, this was a logical choice....
If you are new to this thread , so go ahead until the end of the month then judge about . If you are not new , ok , if it works ,trust it and if not working leave it go hang .
Best regards
Learn to walk before you run
  • #1,616
  • Oct 5, 2010 2:27pm Oct 5, 2010 2:27pm
Once more I recommend to study the rules carefully :

Rules:
1-A Phase is 0% to 100% levels of Fibonacci drawn in the chart in Abonacci Phase
Template.And Base Line is a thick line which is 0% level of starting phase in the first
day of current month.
2-If each 38.2% of each phase is broken from downside , then price should meet
100% of that level.
3- The best current phase reversal point is 38.2% level of white Fibonacci (Step3)
4-If 50% level is broken from up or downside Break Out Template , it should meet
the referenced level (0% or 100% ). If breaking from downside toward up , it should
meet 100% level of that Fibonacci indicator and if breaking from upside ,it should
meet 0% level of that Fibonacci indicator.
5-When 100% level of Break Out Template is passed , price should not go back to its
50% level and pass it . If goes back and passes 50% , then it should reach to 0%
6- For Break Out Template if 38 pips has passed from 0% or 100% levels then it can
be said BROKEN.
7-If price goes 302 pips away from Base Line in Abonacci Phase Template , then
trend will be in that way . For example if price goes high away from Base Line , then
you can say that month is still UPTREND and vice versa .In that case price will reach
to 3th phase and if passes 23.6% of 4th phase , it will reach to 100% level of 4th phase.
But if price goes away 429 pips from base line , then it has no power to be reversed
and break its opposite direction.
8-If a High Reversal point of each phase is broken , then price should not go down
157 pips away from High Reversal Point . If happens then a good reversal is
happening and that high reversal should not be broken again and price will go down
for at least one more phase downside in pips. And if goes more than one phase a way ,
then trend is changed and cannot be reversed and break High Reversal again
Learn to walk before you run
  • #1,617
  • Oct 5, 2010 2:34pm Oct 5, 2010 2:34pm
read rule #6
6- For Break Out Template if 38 pips has passed from 0% or 100% levels then it can
be said BROKEN.
today it just passed 35 pips away 0% of the current phase.Isn't this a rule based system ?!
Learn to walk before you run
  • #1,618
  • Oct 5, 2010 2:43pm Oct 5, 2010 2:43pm
Quoting aebab
read rule #6
6- For Break Out Template if 38 pips has passed from 0% or 100% levels then it can
be said BROKEN.
today it just passed 35 pips away 0% of the current phase.Isn't this a rule based system ?!
Thanks Aebab, would you mind uploading the October's breakout template?
  • #1,619
  • Oct 5, 2010 2:45pm Oct 5, 2010 2:45pm
Quoting Jeg
Thanks Aebab, would you mind uploading the October's breakout template?
Yes I will prepare and upload it .
Learn to walk before you run
  • #1,620
  • Oct 5, 2010 2:59pm Oct 5, 2010 2:59pm
Quoting aebab
Once more I recommend to study the rules carefully :

Rules:
1-A Phase is 0% to 100% levels of Fibonacci drawn in the chart in Abonacci Phase
Template.And Base Line is a thick line which is 0% level of starting phase in the first
day of current month.
2-If each 38.2% of each phase is broken from downside , then price should meet
100% of that level.
3- The best current phase reversal point is 38.2% level of white Fibonacci (Step3)
4-If 50% level...

thanks aebab....this should clear all unclear issues with the rules....i hope they will read this
The World As It Is Can Do With Your Positive Disposition
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