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Aboonacci System - for EUR/USD prediction

  • #1,801
  • Oct 7, 2010 10:46am Oct 7, 2010 10:46am
Quoting Inbox
Confused about one thing, Power 3 Template is the Abonacci Phase Template, right?

Power 4 Template is the same as Breakout Template? If not, where can i find it?

Thank you!
the power 4 template and the breakout template are not the same;


Get power template 4 from the first page or click here..http://cdn.forexfactory.com/attachme...0&d=1286301955

Get breakout template here..meanwhile, this is for september...you may ask bobi if there's going to be another for oct....http://www.4shared.com/file/34iC5q3i/abonacci_sep2010_BreakOuts.html,
The World As It Is Can Do With Your Positive Disposition
  • #1,802
  • Oct 7, 2010 10:47am Oct 7, 2010 10:47am
Quoting LolCat
38 pips down from 0% hasnt been broken so we are heading up now,expecting to hit 76.4% and try at 100%...bullish trend is still very strong,everything is goin as bobi said
I have been asking about this rule without response... you are basing the 38 pips on what you saw on the video or what it is in rule #6 in the PDF, because the video refers to Power3 and the PDF to Breakout template (which still dont have for October), or am I missing something may be?
  • #1,803
  • Oct 7, 2010 10:49am Oct 7, 2010 10:49am
Quoting mcphrant
I could be wrong, 127 is the phase range for the power 3 template. I believe you are correct about the power 4 template being 220.

78 is Oct number for the Closing Fibonacci Rule (74 for Sep)
yes you are right.
The World As It Is Can Do With Your Positive Disposition
  • #1,804
  • Oct 7, 2010 10:52am Oct 7, 2010 10:52am
Quoting Jeg
I have been asking about this rule without response... you are basing the 38 pips on what you saw on the video or what it is in rule #6 in the PDF, because the video refers to Power3 and the PDF to Breakout template (which still dont have for October), or am I missing something may be?
we dont have breakout template for oct,untill its released or some rules set so i m following the video which is the freshest source
  • #1,805
  • Oct 7, 2010 10:54am Oct 7, 2010 10:54am
Quoting Jeg
I have been asking about this rule without response... you are basing the 38 pips on what you saw on the video or what it is in rule #6 in the PDF, because the video refers to Power3 and the PDF to Breakout template (which still dont have for October), or am I missing something may be?
i would advise you wait till bobi come around or wait for members of the group to come up with detail explanation for your question.
The World As It Is Can Do With Your Positive Disposition
  • #1,806
  • Oct 7, 2010 11:00am Oct 7, 2010 11:00am
Quoting LolCat
we dont have breakout template for oct,untill its released or some rules set so i m following the video which is the freshest source
In the video he was indicating to verify on rule#6 of the PDF for the breakout template, so he could have done an honest mistake at the recording. Anyway, it would be nice if he could answer it. Thanks for your opinion.
  • #1,807
  • Oct 7, 2010 11:11am Oct 7, 2010 11:11am
So, if we don’t go more that 38 pips below 1.39270 it means that the phase 3 is not over yet, and we must go back up. Please correct me if I am wrong.
  • #1,808
  • Oct 7, 2010 11:11am Oct 7, 2010 11:11am
Quoting Jeg
In the video he was indicating to verify on rule#6 of the PDF for the breakout template, so he could have done an honest mistake at the recording. Anyway, it would be nice if he could answer it. Thanks for your opinion.
this is not rule,its just my observation that if 100% is broken upwards if it goes back below it still respects 38 pips rule...i dont know if its coincidence,but its like that even now if you check template 3,but dont quote me on that its one of those rules i have for myself from experience trading with abonacci
  • #1,809
  • Oct 7, 2010 11:18am Oct 7, 2010 11:18am
Here it is

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 ?!
  • #1,810
  • Oct 7, 2010 11:23am Oct 7, 2010 11:23am
Seems like there is still A LOT of confusion in this thread maybe a good approach would be to update the first post with template and some basic guidelines of what to follow and then the thread would get so cluttered with all the questions and every one can follow along looking at the same S+R lines and understanding why each trade is taken.
  • #1,811
  • Oct 7, 2010 11:33am Oct 7, 2010 11:33am
TP 1.3842 ,after that i dont know it will probably go up again?
  • #1,812
  • Oct 7, 2010 11:35am Oct 7, 2010 11:35am
and going by the book... "The best reversal point is 38.2 of the white fibonacci drawn resulted from Step3;" , extracted from page 1 of the thread. Now, if that will be the case, how the 38.% rule on yellow fibo applies, we should just go for 76.4% and not 100% of the corresponding fase?

I hope we get our answers.
  • #1,813
  • Oct 7, 2010 11:36am Oct 7, 2010 11:36am
Quoting LolCat
38 pips down from 0% hasnt been broken so we are heading up now,expecting to hit 76.4% and try at 100%...bullish trend is still very strong,everything is goin as bobi said
I though you said it was going long?
  • #1,814
  • Oct 7, 2010 11:40am Oct 7, 2010 11:40am
Quoting pennyman
I though you said it was going long?
yes if 38 pips arent broken,which obviously are now ,next TP according to calc is 1.3842
  • #1,815
  • Oct 7, 2010 11:40am Oct 7, 2010 11:40am
Quoting rumpfunk
Seems like there is still A LOT of confusion in this thread maybe a good approach would be to update the first post with template and some basic guidelines of what to follow and then the thread would get so cluttered with all the questions and every one can follow along looking at the same S+R lines and understanding why each trade is taken.
There will be an FAQ section made up so that we can just direct people to it that have questions that have already been answered, you're right it will leave it less cluttered and we can get on with posting trades
  • #1,816
  • Oct 7, 2010 11:54am Oct 7, 2010 11:54am
Hello.
Can anybody explain the chart now?
According to the rules, It suppose to hit 76.4% (P4) or 100% (P3)
Now it already hit 50% of the down phase (P3).
I think I'm missing something, can somebody please explain to me? =)
  • #1,817
  • Oct 7, 2010 11:59am Oct 7, 2010 11:59am
Quoting LolCat
yes if 38 pips arent broken,which obviously are now ,next TP according to calc is 1.3842
So to make it clear for me the number that I should have waited to confirm a long trade at would have been a break above the 23.6 level. And a short with a break of the 76.4 level down. Thank you for your help.
  • #1,818
  • Oct 7, 2010 12:14pm Oct 7, 2010 12:14pm
Quoting pennyman
So to make it clear for me the number that I should have waited to confirm a long trade at would have been a break above the 23.6 level. And a short with a break of the 76.4 level down. Thank you for your help.
to be honest nobody expected this drop (check eur/usd thread),this is one of situations that just happens once in a while,im not in any trades right now

for now i would recommend to wait before entering any position,23,6% should be good entry point...if you want to risk,you can go long at 100% of current phase
  • #1,819
  • Oct 7, 2010 12:40pm Oct 7, 2010 12:40pm
FEELING 1.3991 and 1.3939 pivot, then an uptrend yet. Believe to rise later. Personal interpretation
  • #1,820
  • Oct 7, 2010 12:49pm Oct 7, 2010 12:49pm
hi,
May i noe whats the diff between those 2 templates?
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