Thanks for calculations. I haven't done it today yet and the lvls I previously noted were just by looking at the template. Its interesting to note that its giving the low break out figure of 4096 with a target of 4044. In other words confirming my analysis the 61.8 lvl to 23 lvl area then mentions support at 4075 or the 38.2 lvl of the current reversal fibo in other words look like it wont be a full reversal off this lvl only maybe a small retrace.
For the upside it mentions a break of key area 4052 to go higher to 4244 or the 76 fib of phase 3. This being part of the reason of my bullish outlook right now. The high break outs and targets are not really in sync with the p3 rules imo. I would wait for a break of 4195 area to enter long with a target of 4244.
For the upside it mentions a break of key area 4052 to go higher to 4244 or the 76 fib of phase 3. This being part of the reason of my bullish outlook right now. The high break outs and targets are not really in sync with the p3 rules imo. I would wait for a break of 4195 area to enter long with a target of 4244.
Ignored
Quote from bobi
"if in a month 2.38 of phases are passed then that
month is an uptrend and trend will not be reversed and will get to 4th phase"
So if that Phase 3 38.2 fib goes we should go between 1.35-1.4
I have a feeling asians might do something now QE2 is out and they have less to fight against so I dont think a reversal is out of the question yet.
"if in a month 2.38 of phases are passed then that
month is an uptrend and trend will not be reversed and will get to 4th phase"
So if that Phase 3 38.2 fib goes we should go between 1.35-1.4
I have a feeling asians might do something now QE2 is out and they have less to fight against so I dont think a reversal is out of the question yet.
Ignored
"if in a month 2.38 of phases are passed then that month is an uptrend and trend will not be reversed and will get to 4th phase" <---- 2.38 of the phase from the base, this is price 4195. In any case we should see 45 if this price breaks. Ive had this target since pa was back at 35. Still holding longs and buying dips along the way.
"So if that Phase 3 38.2 fib goes we should go between 1.35-1.4" this doesn't make any sense to me.
Also monthly setiment is 45. 45 is the 76.4 of phase 4. Which is a really accurate place to take a short imo. Its not going to just shoot straight up but I really don't care if I have a position go 100 pips neg on me when im targeting several hundred. I'm confident in the position I take.
I recall last month when we were at 2.38 of the phase and when it broke it shot up explosive and it did proceed to reach phase 4. Weird thing is with this last spike it went up to 4191 within 4 pips of 4195 and just dropped back down, this is definitely a key area to watch.
so your saying baseline to 100% is phase 0? didnt realise that I thought it was phase 1, we are in phase 2 now? If im right 45 is 76.4 of phase 5 not 4
I recall last month when we were at 2.38 of the phase and when it broke it shot up explosive and it did proceed to reach phase 4. Weird thing is with this last spike it went up to 4191 within 4 pips of 4195 and just dropped back down, this is definitely a key area to watch.
Ignored
last month it made phase 4 76.4 power 3 template which was 1.4151, high was. Im pretty sure baseline to 100% is phase 1
so your saying baseline to 100% is phase 0? didnt realise that I thought it was phase 1, we are in phase 2 now? If im right 45 is 76.4 of phase 5 not 4
As you know 23.6% level of Power 4 template leads the market toward 76.4% and then 100% . 23.6% is determinant of the trend and 23.6% is broken and is giving a bearish signal.
Ignored
Hi Bobi, could you clarify the case where we get both long and short signals using Template 4? Like you said, three days ago, the price broke the 76.4 moving from up, which gave short signal. However, yesterday, the price broke the 23.6 line frm down giving a long signal. Would the later signal invalidate the earlier signal? I understand this supposed to be a long term trade, but what time frame are we looking at? a week, a month? should you trade both signals and eventually both will be hit if you wait long enough?
I have done alot of reading here and think it has merit. I use fibs similar to this system. The problem with it all is your still not going to be able to be independant on your own as you will always have to rely on someone for your info. I do trade profitably but can always want more and think this could help but again to have to rely on one persons numbers every month will only work in the short run. I'm not trying to get anything started just stating a simple fact.
I have done alot of reading here and think it has merit. I use fibs similar to this system. The problem with it all is your still not going to be able to be independant on your own as you will always have to rely on someone for your info. I do trade profitably but can always want more and think this could help but again to have to rely on one persons numbers every month will only work in the short run. I'm not trying to get anything started just stating a simple fact.
Ignored
I think we have gone through this stage and we've definitely had enough.
you sure are getting something on the brew. why don't we concentrate on understanding the system better by trying to contribute to the analysis; that way, even if we don't know how he got his monthly numbers, we can still make use of it to our advantage as long as he continued to give us.
but if we spent precious times debating whether it is good or not to depend on the creator for his numbers, first, we would be wasting precious time secondly, old wounds would be opened. what good would this bring?
he made it clear from the beginning that he is not sharing his formula...some people left because of that while those of us who think we can still benefit stayed...there's no need raising this issue again.
please read through the thread...we definitely do not want that history to repeat itself.
The World As It Is Can Do With Your Positive Disposition
I think we have gone through this stage and we've definitely had enough.
you sure are getting something on the brew. why don't we concentrate on understanding the system better by trying to contribute to the analysis; that way, even if we don't know how he got his monthly numbers, we can still make use of it to our advantage as long as he continued to give us.
but if we spent precious times debating whether it is good or not to depend on the creator for his numbers, first, we would be wasting precious time secondly, old wounds would be opened. what...
Ignored
Hard to understand a system without the most important knowledge.Kinda like buying a car with no key to the gas cap we know how it runs but without a way to fill it yourself its unsastainable. Just hard to really get into a system with some promise only to have it gone at anytime.
I have nothing against the system or it's creator matter fact I have the highest regards for Bobi's math skills, I made a comment when I read your post in which you stated "bobi said news are not important,everything is predetermined". When the price dropped -95 pips 1 min prior to the news was that a coincidence too?. I have yet to read a statement by him suggesting that. The System/Calculator are great tools to trade logically not blindly. Political or natural disaster can strike without warning, which can swing the market in any direction. So let's not talk about coincidence I don't think the calculator can predict that in advance. Use the system and the calculator as guidance and not as a holy Grail.
thats why you have stop loss,i will leave the trade and wont be trading anymore today,but its always risk you are either lucky or not
Ignored
I had 128 pips of profit. I tried to close my trade during the news last night. My broker took more than a minute to close it and by the time it was closed, my profit had droped down to only 22 pips.
It's wise to not trade on major news events at all. The spread also went up as high as 37 pips at one point.
Sorry to go off topic here, but this is a general advice to all newbies.
wow i had two different brokers platform open during the news both prices quotes were moving at the sametime when it spike to 1.4191 one of the platforms froze for about 3 mins while the other was spiking up and down the one that froze came back live and both platforms price quote were 30 to 40 pips off from each other the whole time on that hour the fomc came out ex. one was 1.4050 the other 1.4080 then at 3 3:30pm ET both price quotes were matching again
I had 128 pips of profit. I tried to close my trade during the news last night. My broker took more than a minute to close it and by the time it was closed, my profit had droped down to only 22 pips.
It's wise to not trade on major news events at all. The spread also went up as high as 37 pips at one point.
Sorry to go off topic here, but this is a general advice to all newbies.
Hard to understand a system without the most important knowledge.Kinda like buying a car with no key to the gas cap we know how it runs but without a way to fill it yourself its unsastainable. Just hard to really get into a system with some promise only to have it gone at anytime.
Ignored
Hi there..
First of all, nobody is forcing you to learn this system. People who weren't happy about the fact that Bobi isn't going to share his formula left this thread. You are entitled to your opinion and you've made your point here. Unless you have something positive to contribute to this thread, please refrain from making such comments and opening old wounds. Thanks for your understanding and hope that I didn't offend you in any way. I'm only interested in keeping this thread going for as long as possible in order for many of us here to learn something new.
I have nothing against the system or it's creator matter fact I have the highest regards for Bobi's math skills, I made a comment when I read your post in which you stated "bobi said news are not important,everything is predetermined". When the price dropped -95 pips 1 min prior to the news was that a coincidence too?. I have yet to read a statement by him suggesting that. The System/Calculator are great tools to trade logically not blindly. Political or natural disaster can strike without warning, which can swing the market in any direction....
Ignored
I am wondering how you could not accept that news is just giving acceleration and volatility , thats all !! its behavior was out of calculation ?! If you just took position based on the rule of 38.2% , then would have good profit .After 2 months of working with this system did you see any breaking of this rule?!!
Quote
Disliked
Political or natural disaster can strike without warning, which can swing the market in any direction....
any direction???? why could not break next 38.2% ?!! why when broke 38.2%(1.4068) the market did not take any direction irregularly and obeyed the rule of 38.2% to reach 100% ?!! Please focus on your idea. I was happy of your recent posts and now I see different . Hot and Cold soon ?!!
With all due respect Bobi stop kidding yourself and others. If this was an iron clad system you wouldn't be wasting your time on FF building your brand. Many traders who are following are still getting to know the system most of them are still confuse. Everyone has a different risk tolerance. How many you think sustain the drop of 95 pips then 195? You yourself not sure if it's 76 68 or 38 you keep making the rules as you go long. Since the inception of FF hundred if not thousands of system came and gone. You can't expect to trade the news without...
Ignored
Thank you
Very good that PDF and rules exist .!
Calculator and phases and system worked by chance
Another thing that I noticed FF is not a professional place to let the others know about a system !!!! Thank you for letting me to know
