I had a brief discussion with aebab today to better understand how to correctly read the calculator interpretations, below is the excerpt from the discussion...
[3:56:55 PM] house43: Bobi pls if you have some few minutes, i need you to explain something to me
[3:57:23 PM] Bobi Abonacci: ok.
[3:58:53 PM] house43: pls i need you to take me through the calculator daily range based interpretation and the daily interpretation
[3:59:12 PM] Bobi Abonacci: which day?
[3:59:17 PM] house43: the daily power sentiment, what does it stand for?
[4:00:04 PM | Edited 4:00:12 PM] Bobi Abonacci: It means the point if broken will take the price to the appointed target
[4:00:15 PM] house43: yes
[4:01:08 PM] Bobi Abonacci: it also can be supposed as dailly power meter
[4:01:36 PM] Bobi Abonacci: because it displays the power of range of the day to get to a certain target
[4:01:43 PM] house43: okay
[4:01:51 PM] house43: what happens if the pull back level is higher/lower than the pull back signal?
[4:03:09 PM | Edited 4:03:11 PM] Bobi Abonacci: when pullback level is < Pullback signal it means there is buy signal around . Because it is playing the roll of a support for pullback signal
[4:05:13 PM] Bobi Abonacci: any other Q
[4:06:04 PM] house43: yes
[4:06:14 PM] house43: the daily interpretation
[4:06:39 PM] house43: you know we have breakout 1 and then breakout in different colour
[4:07:00 PM] Bobi Abonacci: yea'
[4:07:11 PM] house43: what does the different colors stand for?
[4:09:42 PM] house43: one last question Bobi
[4:10:15 PM] house43: kindly explain the effects of the passage resistances
when i asked the above question, he referred me to this post....
http://www.forexfactory.com/showpost...postcount=2053
please read through and I'm certain those of us who are still confused about the application of the calculator will come to a good grasp of the system
[3:56:55 PM] house43: Bobi pls if you have some few minutes, i need you to explain something to me
[3:57:23 PM] Bobi Abonacci: ok.
[3:58:53 PM] house43: pls i need you to take me through the calculator daily range based interpretation and the daily interpretation
[3:59:12 PM] Bobi Abonacci: which day?
[3:59:17 PM] house43: the daily power sentiment, what does it stand for?
[4:00:04 PM | Edited 4:00:12 PM] Bobi Abonacci: It means the point if broken will take the price to the appointed target
[4:00:15 PM] house43: yes
[4:01:08 PM] Bobi Abonacci: it also can be supposed as dailly power meter
[4:01:36 PM] Bobi Abonacci: because it displays the power of range of the day to get to a certain target
[4:01:43 PM] house43: okay
[4:01:51 PM] house43: what happens if the pull back level is higher/lower than the pull back signal?
[4:03:09 PM | Edited 4:03:11 PM] Bobi Abonacci: when pullback level is < Pullback signal it means there is buy signal around . Because it is playing the roll of a support for pullback signal
[4:05:13 PM] Bobi Abonacci: any other Q
[4:06:04 PM] house43: yes
[4:06:14 PM] house43: the daily interpretation
[4:06:39 PM] house43: you know we have breakout 1 and then breakout in different colour
[4:07:00 PM] Bobi Abonacci: yea'
[4:07:11 PM] house43: what does the different colors stand for?
[4:09:42 PM] house43: one last question Bobi
[4:10:15 PM] house43: kindly explain the effects of the passage resistances
when i asked the above question, he referred me to this post....
http://www.forexfactory.com/showpost...postcount=2053
please read through and I'm certain those of us who are still confused about the application of the calculator will come to a good grasp of the system
The World As It Is Can Do With Your Positive Disposition