Are support and resistance levels predetermined? | Page 38 | Forex Factory

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Are support and resistance levels predetermined?

  • #741
  • Jan 2, 2014 9:36am Jan 2, 2014 9:36am
hi bobi ,

please share template 3 and template 4y baseline for january 2014
thanks
  • #742
  • Jan 2, 2014 2:27pm Jan 2, 2014 2:27pm
Hi
Baseline of T3 (EUR/USD)=1.3797
Baseline of T4Y (EUR/USD)=1.3648
Learn to walk before you run
  • #743
  • Jan 2, 2014 2:31pm Jan 2, 2014 2:31pm
Quoting dmacfx
Hi Bobi Thanks once again, it is greatly appreciated! If you can also please provide baselines for the other instruments (ej au gold and oil)? TIA
I will post them in next couple of days as I have not calculated yet. I am a little busy but I will calculate and will post .
Learn to walk before you run
  • #744
  • Jan 2, 2014 2:32pm Jan 2, 2014 2:32pm
Quoting na_r2000
{quote} Dear bobby, please confirm what u mean by = T5_2_2 ? is it T5_965 or T5_594 ? thank you
T5_2_2 is T5_965
Learn to walk before you run
  • #745
  • Jan 2, 2014 2:37pm Jan 2, 2014 2:37pm
Quoting aebab
{quote} I will post them in next couple of days as I have not calculated yet. I am a little busy but I will calculate and will post .
And the T5_594 baselines for all as well please - thanks bobi.
  • #746
  • Jan 2, 2014 3:16pm Jan 2, 2014 3:16pm
Quoting aebab
{quote} I will post them in next couple of days as I have not calculated yet. I am a little busy but I will calculate and will post .

thanks Bobi... a long time ago you used to produce a monthly calculator for us... is this something you may do once again if time permits?

the daily sentiment, temp direction along with the extreme bull and bear levels made it a very useful tool... the extreme bull and bear levels more so... thanks
  • #747
  • Jan 2, 2014 3:31pm Jan 2, 2014 3:31pm
please share base line t_193 pip
  • #748
  • Jan 2, 2014 5:10pm Jan 2, 2014 5:10pm
Hi Bobi

Thanks for yours and happy new year.

Are you able to share the base lines for GBP/JPY, USDJPY and EUR/JPY?

Many thanks.

Bruce
  • #749
  • Jan 2, 2014 5:53pm Jan 2, 2014 5:53pm
Quoting aebab
{quote} I will post them in next couple of days as I have not calculated yet. I am a little busy but I will calculate and will post .

Thanks a lot for this bit of news Bobi, and thanks for EU & GU Baselines. Can I make a special request for T4Y_680, T4Y_1130 and T5_594 for #CLG4? Thanks
  • #750
  • Jan 3, 2014 12:14am Jan 3, 2014 12:14am
Thanks and Best Wishes BOBI

Anybody can clarify what is the difference between T5_1_103 & T5_103F .
If T5_1_103 have any special rule from T5_103F, pl post here.

Thankyou
  • #751
  • Edited Jan 4, 2014 5:28am Jan 3, 2014 9:55am | Edited Jan 4, 2014 5:28am
Dear Bobi, on which price levels you see high and low points for euro for this year?
And how you work with your templates - you make trade from breakout levels with small SL or you make trade after break is happened? Could you show us, how you find exact revers levels for low risk entries.
I'm try to find the way where Reward:Risk will >1, because two SL on T103 can wipe out 5! TP.
Regards
  • #752
  • Jan 5, 2014 5:39am Jan 5, 2014 5:39am
Bobi (or anyone else with an opinion esp those who trade the monthly templates).

When we look at a template at the begining of a year we change the date on the indicator, if there is a signal on a template early on in the year, and the template requires price to have travelled from a certian level, is it a valid signal if the price travel occurred last year? If Bobi can't answer, what do you guys/gals do when trading the monthly templates? Do you factor in the previous months PA?

ie GU T5_1130

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-T5_1130.png Size: 38 KB


Thanks
  • #753
  • Jan 5, 2014 2:50pm Jan 5, 2014 2:50pm
Quoting hollowhead
Bobi (or anyone else with an opinion esp those who trade the monthly templates). When we look at a template at the begining of a year we change the date on the indicator, if there is a signal on a template early on in the year, and the template requires price to have travelled from a certian level, is it a valid signal if the price travel occurred last year? If Bobi can't answer, what do you guys/gals do when trading the monthly templates? Do you factor in the previous months PA? ie GU T5_1130 {image} Thanks
This brings up a really good point because Bobi has previously indicated we can tell where price will go as soon as we get the new year template . A little more explanation would be helpful. Really good question and points.
  • #754
  • Jan 5, 2014 7:34pm Jan 5, 2014 7:34pm
Quoting hollowhead
Bobi (or anyone else with an opinion esp those who trade the monthly templates). When we look at a template at the begining of a year we change the date on the indicator, if there is a signal on a template early on in the year, and the template requires price to have travelled from a certian level, is it a valid signal if the price travel occurred last year? If Bobi can't answer, what do you guys/gals do when trading the monthly templates? Do you factor in the previous months PA? ie GU T5_1130 {image} Thanks

Hello hollowhead and all, in my experience on T3 signals are valid even in the very beginning of the month, but also pending targets are going to be met sooner or later.
  • #755
  • Jan 5, 2014 10:26pm Jan 5, 2014 10:26pm
Hi BOBI or anyone else, Please explain the sell entry point for 680 template GU derived by me is correct.

When I look at a 680 Template GU, sell signal is open at 76.4% - 14 pip which is 1.63675 - 14 = 1.63535, the price comes from 0% + 59 pip which is 1.65280 + 59 = 1.6587.

Thanks in advance
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd680.png Size: 36 KB
  • #756
  • Jan 5, 2014 11:05pm Jan 5, 2014 11:05pm
Hi BOBI & HOLLOWHEAD

When I look at 680 Template EU, the following sell entry is correct or wrong according to 680 Template.
When the price is comes from 0% + 59 pip which is 1.37380 + 59 = 1.3797 which price is drop from previous year. The sell entry point is 76.4% - 14 pip which is 1.35775 - 14 = 1.35635 this price is not break. Suppose this price is broken later can I put sell order here ? Pl explain

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: euruse680.png Size: 83 KB
  • #757
  • Jan 6, 2014 12:47am Jan 6, 2014 12:47am
Quoting prraj
Hi BOBI or anyone else, Please explain the sell entry point for 680 template GU derived by me is correct. When I look at a 680 Template GU, sell signal is open at 76.4% - 14 pip which is 1.63675 - 14 = 1.63535, the price comes from 0% + 59 pip which is 1.65280 + 59 = 1.6587. Thanks in advance {image}
Hi prraj - looks like a valid signal to me.

Steve
  • #758
  • Jan 6, 2014 12:49am Jan 6, 2014 12:49am
Quoting prraj
Hi BOBI & HOLLOWHEAD When I look at 680 Template EU, the following sell entry is correct or wrong according to 680 Template. When the price is comes from 0% + 59 pip which is 1.37380 + 59 = 1.3797 which price is drop from previous year. The sell entry point is 76.4% - 14 pip which is 1.35775 - 14 = 1.35635 this price is not break. Suppose this price is broken later can I put sell order here ? Pl explain Thanks {image}
Hi prraj - I am unclear as to whether the price drop last year makes the trade valid or not - perhaps Bobi will clarify when he comes back with the other baselines.

Steve
  • #759
  • Jan 6, 2014 12:50am Jan 6, 2014 12:50am
Quoting Gisela
{quote} Hello hollowhead and all, in my experience on T3 signals are valid even in the very beginning of the month, but also pending targets are going to be met sooner or later.
Thanks Gisela, appreciate the response.

Steve
  • #760
  • Jan 6, 2014 1:34am Jan 6, 2014 1:34am
Hi hollowhead

Please clarify what is the difference between T5_1_103 & T5_103F .
If T5_1_103 have any special rule from T5_103F, pl post here.

Thankyou
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