I think the query about the apparent contradiction between P3 and P4 as pointed out by a couple of posters is that on 29th October price closed below the 23.6 Level on P4.
There is a post from Bobi related to this 2733.It implies because 23.6 was broken to the downside it should reach 0 % level.
In addition the diagram indicates a break of 76.4 would give a bearish signal.
So I think those posters are suggesting that because the analysis of P4 according to Bobi's diagram suggested Bearishness and at the same time the 38.2 on P3 was broken to the upside suggesting 76.4 and higher there was a contradiction ie P4 Bearish P3 Bullish.
For what it is worth my take is that the break of 23.6 level occurred in October ! So I dont think you can use that value when the new Phase P4 is applied for November.
I must admit it once again that Abonacci trading is a very pinpoint system when approached properly. All the respect and a big thank to Bobi who decided to share his findings with us.
A lot of things have been written and said here, but yet it is not very easy to follow and comprehend for many of you. Personally I believe it is due to the off-topic chit-chat among first hundreds of posts here.
Nevertheless, I am following the thread from its beginning and since then I have been collecting all the important information and saving it in my file. Today I decided to do some selection and clasify all the important rules/info into three sections:
1. Chart related info/rules
2. Calculator related info/rules
3. Other useful info
If there is general interest here for it, I will post it. But before that, I'd love it to be revised by Bobi, some of group members or other members here. Please contact me if you want to help me. The more help, the faster it's published.
Last month when the market was heading down , many said the rules are broken and we were near BASE LINE ,. What the rule # 7 was saying "302 pips away from base line will be on that way " and also 429 pips away of Base Line will make market so bullish that it can not be reversed to and go in opposite direction .
We were not talking about trend line or channels and .... just number of pips . No one focused to this rule when the market was down last month then you can buy and keep your positions for long term , as I did .
If someone comes here...
Ignored
hi bobi
thanks for your system, so will u commercialize this system?! I m doing business, and i know there is nothing free in this world,but that s ok if commercialize it as u deserve it also if the price is affordable to everyone...
A malware alert is not unusual when unzipping the calculator, but there isn't any. If you switch off your virus checker, open the calculator and switch on your virus checker again, you should be OK.
A malware alert is not unusual when unzipping the calculator, but there isn't any. If you switch off your virus checker, open the calculator and switch on your virus checker again, you should be OK.
Quote
Disliked
One or two of the antivirus software is picking up a virus but there are no virus' in the calculator.
