Are support and resistance levels predetermined? | Page 49 | Forex Factory

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Are support and resistance levels predetermined?

  • #961
  • Jan 22, 2014 9:58am Jan 22, 2014 9:58am
Quoting eurozo
{quote} Hi Jmss59.. We all know the 103 template uses the daily, but I think what he's asking is are you using another timeframe such as 5m, 15m, 30m. That's just my guess. Zo
Now I understand, the analysis conducted in this thread the only and exclusively with templates Bobi
  • #962
  • Jan 22, 2014 10:02am Jan 22, 2014 10:02am
Quoting hollowhead
{quote} Abonacci templates use any timeframes and none. Jmss59 posts charts that are on the 1h timeframe - I suspect simply because it is easier to see the levels for that template. If you want to be able to see 2 or 3 phases then you need to look at the 1 hour. If you only want to see the phase the trade is in on the 103 then you could look at a 15m chart. It is really only personal preference as to how you like to see the charts for each template. If you view the 1130 on a 15m chart you have no idea where you are because the phase is so big. In...
So is Hollowhead
  • #963
  • Jan 22, 2014 10:11am Jan 22, 2014 10:11am
Quoting jmss59
{quote} congratulations Zo


Thank you Jmss59... Thank you for all you do for us!!!







Zo
Staircase down to ride the elevator up.....wait..wait..wait for it
  • #964
  • Jan 22, 2014 10:13am Jan 22, 2014 10:13am
Quoting hollowhead
{quote} Good trade. Well done.


Thank you Hollowhead for all you do for us!!!







Zo
Staircase down to ride the elevator up.....wait..wait..wait for it
  • #965
  • Jan 22, 2014 10:14am Jan 22, 2014 10:14am
Quoting hollowhead
{quote} Abonacci templates use any timeframes and none. Jmss59 posts charts that are on the 1h timeframe - I suspect simply because it is easier to see the levels for that template. If you want to be able to see 2 or 3 phases then you need to look at the 1 hour. If you only want to see the phase the trade is in on the 103 then you could look at a 15m chart. It is really only personal preference as to how you like to see the charts for each template. If you view the 1130 on a 15m chart you have no idea where you are because the phase is so big. In...

Yes I hope this helps Tom out



Zo
Staircase down to ride the elevator up.....wait..wait..wait for it
  • #966
  • Jan 22, 2014 11:53am Jan 22, 2014 11:53am
To: JMSS59, Eurozo, Hollowhead - Thank you all for your replies and comments - I now understand completely.
  • #967
  • Jan 22, 2014 2:37pm Jan 22, 2014 2:37pm
Quoting tomthepoppop
To: JMSS59, Eurozo, Hollowhead - Thank you all for your replies and comments - I now understand completely.


Tom... you are welcome for my little part, Truly it is All Hollowhead and Jmss59






Zo
Staircase down to ride the elevator up.....wait..wait..wait for it
  • #968
  • Jan 23, 2014 12:02am Jan 23, 2014 12:02am
T5_103 Long EU - TP 13628.3
  • #969
  • Jan 23, 2014 12:03am Jan 23, 2014 12:03am
Good morning from europe, eur-usd buy signal
Attached Image (click to enlarge)
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  • #970
  • Jan 23, 2014 12:42am Jan 23, 2014 12:42am
Quoting jmss59
Good morning from europe, eur-usd buy signal {image}
Target achieved
Attached Image (click to enlarge)
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  • #971
  • Jan 23, 2014 12:43am Jan 23, 2014 12:43am
Quoting hollowhead
T5_103 Long EU - TP 13628.3
Short and sweet -
  • #972
  • Jan 23, 2014 12:43am Jan 23, 2014 12:43am
Quoting hollowhead
{quote} I'm in!! GU Long. TP 1.66123
Got ya!!
  • #973
  • Jan 23, 2014 12:48am Jan 23, 2014 12:48am
Quoting hollowhead
{quote} Got ya!!
Hi hollowhead: I have not closed by 1 pip. Spread what you have with your broker?
  • #974
  • Jan 23, 2014 12:59am Jan 23, 2014 12:59am
Quoting jmss59
{quote} Hi hollowhead: I have not closed by 1 pip. Spread what you have with your broker?
I finally closed with 39 pips.
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  • #975
  • Jan 23, 2014 1:58am Jan 23, 2014 1:58am
Quoting jmss59
{quote} I finally closed with 39 pips. {image}
- My broker's spread is about 1 pip for EU and GU.
  • #976
  • Jan 23, 2014 2:31am Jan 23, 2014 2:31am

Quoting hollowhead
{quote} Got ya!!

OMG!!!!!!! Hollowhead, Jmss59............ I have crushed GU, GJ , EU and EJ within the last 24 hours
Staircase down to ride the elevator up.....wait..wait..wait for it
  • #977
  • Jan 23, 2014 2:45am Jan 23, 2014 2:45am
Quoting eurozo
{quote} OMG!!!!!!! Hollowhead, Jmss59............ I have crushed GU, GJ , EU and EJ within the last 24 hours
Fantastic. I'm so pleased for you.

Steve

ps stay humble. The market can punish you hardest after a good run.
  • #978
  • Jan 23, 2014 2:54am Jan 23, 2014 2:54am
Quoting hollowhead
{quote} Fantastic. I'm so pleased for you. Steve ps stay humble. The market can punish you hardest after a good run.




Thank you Steve....... "Staying Humble" Yes you are so right!!






Lorenzo
Staircase down to ride the elevator up.....wait..wait..wait for it
  • #979
  • Jan 23, 2014 2:58am Jan 23, 2014 2:58am
Congratulations Hollow, JM and Euro on your trades!!!! Not being at my computer I missed them.

Alan
  • #980
  • Jan 23, 2014 4:02am Jan 23, 2014 4:02am
Happy congratulations Hollow, JM and Euro on your trades, I have been following Bobi all these years, every day from the first post of the old thread. Very precise targets !


Egu.
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