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Aboonacci System - for EUR/USD prediction

  • #1,641
  • Oct 6, 2010 1:46am Oct 6, 2010 1:46am
so we should reach 100% level, thats about 40pips away,
where would be a good buying pt???
help guys,,, I,m Newbie.......lol
  • #1,642
  • Oct 6, 2010 2:07am Oct 6, 2010 2:07am
Quoting kdx
A key level is the 38.2 of the current phase price should not break this as if it does it vindicates the move up to the 100 level.
current phase as in template power4 @1.3751? Now suppose price retraces to 1.3751 before hitting the 100 level then it wld be a good idea to buy wt TP 100 level right?
  • #1,643
  • Oct 6, 2010 2:25am Oct 6, 2010 2:25am
wow there is a lot of confusion in this thread

im kinda lost as what to do now
i hope next pdf manual will cover some questions like:

-how is platform 4 different from platform 3 other than its for longer trades?some basic rules

-platform 4 drawing (white blue fib, or something different) and is there (will be) calculator for it?

-breakout template for october

cannot remember more right now
  • #1,644
  • Oct 6, 2010 2:27am Oct 6, 2010 2:27am
Where is the Pivot Calculator for october?

Or is one of the older (V1, V2) still valid?
  • #1,645
  • Oct 6, 2010 2:34am Oct 6, 2010 2:34am
Quoting subbu
current phase as in template power4 @1.3751? Now suppose price retraces to 1.3751 before hitting the 100 level then it wld be a good idea to buy wt TP 100 level right?

Yes thats correct, however the monthly sentiment is 137.90 so price should not fall below this level but if it does than 1.3751 is a good place for a buy.
  • #1,646
  • Oct 6, 2010 2:35am Oct 6, 2010 2:35am
Quoting joker24
Where is the Pivot Calculator for october?

Or is one of the older (V1, V2) still valid?
Bobi is still working on the pivot calculator for oct, but we can use the old calculator the one he issued first, but this is only used in conjunction with powerphase template 3, not the latest template.
  • #1,647
  • Oct 6, 2010 3:02am Oct 6, 2010 3:02am
Quoting kdx
Yes thats correct, however the monthly sentiment is 137.90 so price should not fall below this level but if it does than 1.3751 is a good place for a buy.
you are using template 4 the same way as template 3?
how do we know which template to apply?

template 3 the price is over 38.2 while on template 4 the price is over 76.4
  • #1,648
  • Oct 6, 2010 3:02am Oct 6, 2010 3:02am
Quoting Syahmi
Hi folks...

1) 61.8 was not broken....& 76.4 acted as a solid support...

2) PA penetrated the Base Level at 1.3673 decisively... (DarkViolet color)

3) 38.2 acted as resistance recently, was also pierced through strongly with a solid bar upwards...

4) Clear uptrend...


Just my 2 cts
Hello Syahmi,

What template do you use, on my chart, Phases are not numbered and i can't change color of fibo lines?
  • #1,649
  • Oct 6, 2010 3:03am Oct 6, 2010 3:03am
According to my reading of this, the close was 1.3833, the 50% of the current phase is 1.3864, making the Pivot on the calculator (version 1) 1.3832 and the Monthly Sentiment 1.3872. The Monthly Sentiment offers resistance and is precisely today's high.

The calculator indicates a long trade from breaking the High Break Out 1 at 1.3843, with a white 38.2% Fibo line at 1.3857 now broken, the TP should be 1.3896, but the Monthly Sentiment represents a hurdle to be cleared first.

That's how it appears to me. I remain confused.
  • #1,650
  • Oct 6, 2010 3:06am Oct 6, 2010 3:06am
Quoting PerkinElmer
Dear MadMax,
Have you been trying to use the calculator that Bobi provided and look against the price moving in the MT4? Try to compare the number in the calculator and the MT4. You will get it slowly. Try to read and download the Three ways to use the calculator Abonacci Part II.PDF in this thread.
He has being told that several times...he has being asked to take his time to go over the whole thread from the beginning to have a good grasp of the setup. i also asked him to set up his trades with the calculator until he has gone through the rules but he wouldn't relent and each question revealed that he has bluntly refused to read over the documents. Yet he keep challenging aebab to prove what is so evident.
i don't believe there's any thread on FF where you can just jump into in the middle and expect to understand the whole concept. abonacci thread should not be an exception.
The World As It Is Can Do With Your Positive Disposition
  • #1,651
  • Oct 6, 2010 3:08am Oct 6, 2010 3:08am
Quoting Sheumais
According to my reading of this, the close was 1.3833, the 50% of the current phase is 1.3864, making the Pivot on the calculator (version 1) 1.3832 and the Monthly Sentiment 1.3872. The Monthly Sentiment offers resistance and is precisely today's high.

The calculator indicates a long trade from breaking the High Break Out 1 at 1.3843, with a white 38.2% Fibo line at 1.3857 now broken, the TP should be 1.3896, but the Monthly Sentiment represents a hurdle to be cleared first.

That's how it appears to me. I remain confused.
your analysis is right and i have the same analysis save for slight differences in pips.

there's no confusion in what you have done.
The World As It Is Can Do With Your Positive Disposition
  • #1,652
  • Oct 6, 2010 3:17am Oct 6, 2010 3:17am
Quoting kdx
Yes thats correct, however the monthly sentiment is 137.90 so price should not fall below this level but if it does than 1.3751 is a good place for a buy.
Thanks for the reply.

I'm also getting Monthly Sentiment 1.3872 as Sheumais, how is 1.3790 possible? What's the Close and Monthly value you used?
  • #1,653
  • Oct 6, 2010 3:20am Oct 6, 2010 3:20am
you are correct, 137.90 was what Bobi mentioned in yestaerday's call I think he got this figure from the new Oct calculator but I'm not totally sure.
  • #1,654
  • Oct 6, 2010 3:26am Oct 6, 2010 3:26am
Thank you Liberty71.

My confusion arises from others' discussion of 1.3751, which I don't see on chart or calculator as significant, and a general lack of confidence arising from the various calculators, templates and what seems like people intent on ruining this strategy's effectiveness for those trying to learn how to use it. I'll stick to the old calculator and the original instructions until Bobi indicates an overall update is in place.

I'm still uncertain as to where the stop loss should be placed, but following Bobi's advice, believe a maximum of 30 pips from entry should be sufficient.
  • #1,655
  • Oct 6, 2010 3:27am Oct 6, 2010 3:27am
aebab,

Sorry but I am trying to understand your system for several days.
It's not easy for me because I do not practice fluent English.

The system seems to change often.

Which template to use?
template 3 template 4, break-out template, calculator? What lines? yellow, blue, white?

Confess I start myself lose I certainly ignoramus!
  • #1,656
  • Oct 6, 2010 3:51am Oct 6, 2010 3:51am
Quoting Sheumais
Thank you Liberty71.

My confusion arises from others' discussion of 1.3751, which I don't see on chart or calculator as significant, and a general lack of confidence arising from the various calculators, templates and what seems like people intent on ruining this strategy's effectiveness for those trying to learn how to use it. I'll stick to the old calculator and the original instructions until Bobi indicates an overall update is in place.

I'm still uncertain as to where the stop loss should be placed, but following Bobi's advice, believe...
Hi Sheumais

I have just been using the first calculator and have had good results.
  • #1,657
  • Oct 6, 2010 3:52am Oct 6, 2010 3:52am
This is MY view on the current situation:

The current standard template is the Power 3. This is the 127 phase gap template and the one that should have the yellow, blue, white, red and green fibs on (if this is the first time anyone has seen the red and green mentioned then you need to read the thread again (or for the first time!)).

The Power 4 template is for longer term views and I 'beleive' that currently the only rules in effect here are the following:

If it breaks the 23% from below, it should run to the 76%. If it breaks the 76% from above then it should run to the 23% - BUT do not quote me on this.

There is a breakout template, which we have not seen for October yet. In September when the standard power 3 template was around, the breakout template was something like 167 pips in phase gap.

I beleive that the ORIGINAL calculator can be used on any power 3 template PROVIDING the phase gap is 127. This assumption is based upon the calculator knowing where you are on the chart based on the input of the 50% mark and knowing that the phase gap is 127. I could be wrong on this, but that is how I am working.

I beleive the rules could be explained far far better and I hope some of those in the group will be helping Bobi with that.

I think much of the ambiguity of the thread would be resolved through a clean set of instructions presented in a format that is applicable to each template provided.

Regards

Lee

Regards
  • #1,658
  • Oct 6, 2010 4:05am Oct 6, 2010 4:05am
Quoting hardearned
Hi Sheumais

I have just been using the first calculator and have had good results.

Thanks Hardearned, I saw evidence of that yesterday.
  • #1,659
  • Oct 6, 2010 4:08am Oct 6, 2010 4:08am
Thank you for your reply Lee,
It is true that this would be a clear set of rules is comprehensive and written for all after 110 pages!

Inserted Code
I beleive that the ORIGINAL calculator can be used on any power 3  template PROVIDING the phase gap is 127. This assumption is based upon  the calculator knowing where you are on the chart based on the input of  the 50% mark and knowing that the phase gap is 127. I could be wrong on  this, but that is how I am working.

I do not quite understand

Regards
  • #1,660
  • Oct 6, 2010 4:12am Oct 6, 2010 4:12am
Quoting trader91
Thank you for your reply Lee,
It is true that this would be a clear set of rules is comprehensive and written for all after 110 pages!

Inserted Code
I beleive that the ORIGINAL calculator can be used on any power 3  template PROVIDING the phase gap is 127. This assumption is based upon  the calculator knowing where you are on the chart based on the input of  the 50% mark and knowing that the phase gap is 127. I could be wrong on  this, but that is how I am working.
I do not quite understand

Regards
One of the key things that is being discussed here is the phase gap. This is the difference between the phases. So far, Bobi has used a phase gap of 127 pips on his standard templates. The Original calculator asks for two entries in order to provide information. It asks for Yesterdays close/most recent close (depending if you recalc during the day) and the current phase 50% figure.

So, providing the phase gap remains at 127, the calculator 'should' work.

But, this has not been confirmed by Bobi either way. His more recent calculator, which has not yet been released for October gives far far more information, but will only work on a month by month basis.

Regards

Lee
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