Are support and resistance levels predetermined? | Page 73 | Forex Factory

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Are support and resistance levels predetermined?

  • #1,441
  • Edited 7:53pm Feb 23, 2014 11:07am | Edited 7:53pm
Quoting hollowhead
{quote} Hi Mehmed - If I understand what your referring to correctly I still don't see a valid trade. Price needs to have come from at least the 23.6% level in the phase above - but it only came from the 100%.


The price doesn't need to come from %23.6. You can look at the rules bobi has written .
  • #1,442
  • Feb 23, 2014 12:18pm Feb 23, 2014 12:18pm
Quoting mehmed92
{quote} The price doesn't need to come from %23.6. You can look at the rules bobi wrote .has written .
I have. I have also read and studied the thread many, many times


Quoting hollowhead
Hi Aebab - on Template 220, where should price have come from before breaking 61.8% and 38.2%? Thanks
Quoting aebab
{quote} for 90% of the templates , the rule remains the same
  • #1,443
  • Feb 23, 2014 2:23pm Feb 23, 2014 2:23pm
[quote=hollowhead;7298930]
Quoting jaylovin
{quote} Hi Jay - price only needs to have come from 23.6% level. See Post 93 {quote}

Opps.. My mistake
  • #1,444
  • Edited 3:52pm Feb 23, 2014 3:15pm | Edited 3:52pm
Hi Hollowhead and ichinachi.... I'm gonna take a stab at this and say 4257 comes first. Hope your enjoying your weekend.

hi again... i dont think so...because according to pro analysis part price is in down trend part yet and have a very important job in down trend because trigger in down trend has broken (1.3551)bur target 1 hasent got yet and price must go back and complete its job ..and other hand price shouldnt break the point €1.3837(its a point that price start to change and trend goes up) so i am sure price in first step pull back and will see 1.3442 ........
Attached Image (click to enlarge)
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  • #1,445
  • Feb 23, 2014 5:44pm Feb 23, 2014 5:44pm
Hallo There! I wont to have that Abonacci Calculator Ver 6.6.0. Can You please give me a link to download that software?
Thanks in advance
  • #1,446
  • Feb 23, 2014 8:26pm Feb 23, 2014 8:26pm
I trade from about 40 years and principally EURUSD.
I do not use any indicator nor candles or pattern, although I used to do.
I use only Fibonacci levels, volume and time.
My way of trading is similar in a certain part to the one in this thread, but much more simple.
I follow this thread with interest, but some things are not clear.
For instance, which are at the moment the lines from which to calculate High and Low for EURUSD?
And do they change with the differnt templates?
I also saw there are different phases.
One far any single template?
I work with Ensign
Thanks
  • #1,447
  • Feb 24, 2014 2:05am Feb 24, 2014 2:05am
Quoting filostro
I trade from about 40 years and principally EURUSD. I do not use any indicator nor candles or pattern, although I used to do. I use only Fibonacci levels, volume and time. My way of trading is similar in a certain part to the one in this thread, but much more simple. I follow this thread with interest, but some things are not clear. For instance, which are at the moment the lines from which to calculate High and Low for EURUSD? And do they change with the differnt templates? I also saw there are different phases. One far any single template? I work...
Filostro - I'm not sure I undertand what you asking. The first 15 pages of the thread contain just about everything you need to understand how Abonacci works - and this year's baselines for EU are in post 726.
  • #1,448
  • Feb 24, 2014 4:01am Feb 24, 2014 4:01am
GU T5_103 Long TP - 1.67153
  • #1,449
  • Feb 24, 2014 5:18am Feb 24, 2014 5:18am
Quoting ichinachi
Hi Hollowhead and ichinachi.... I'm gonna take a stab at this and say 4257 comes first. Hope your enjoying your weekend. hi again... i dont think so...because according to pro analysis part price is in down trend part yet and have a very important job in down trend because trigger in down trend has broken (1.3551)bur target 1 hasent got yet and price must go back and complete its job ..and other hand price shouldnt break the point €1.3837(its a point that price start to change and trend goes up) so i am sure price in first step pull back...

Hello Dear Ichinachi, I am equally interested in the abonachi calculator 6.6.0. where can I download it ? nks.
Tha
  • #1,450
  • Feb 24, 2014 6:47am Feb 24, 2014 6:47am
Quoting hollowhead
Here's my weekly analysis. {image}{image}{image}
It's will be more better if you also include all pairs baseline.
Thank you.
  • #1,451
  • Feb 24, 2014 7:18am Feb 24, 2014 7:18am
I think that abonachi(used in other tthread) calculator 6.6.0. is been abandoned by aebab
  • #1,452
  • Feb 24, 2014 7:51am Feb 24, 2014 7:51am
what other thread ?

Quoting armyda
I think that abonachi(used in other tthread) calculator 6.6.0. is been abandoned by aebab
  • #1,453
  • Feb 24, 2014 7:51am Feb 24, 2014 7:51am
Quoting guiltry
{quote} It's will be more better if you also include all pairs baseline. Thank you.
What do you mean?
  • #1,454
  • Feb 24, 2014 7:54am Feb 24, 2014 7:54am
Quoting armyda
I think that abonachi(used in other tthread) calculator 6.6.0. is been abandoned by aebab
I don't know if it has been abandoned - people are still using it. But Bobi never referred to it with regards to this (his latest system), so I would encourage those who want to pursue it, to do so in the other thread.
  • #1,455
  • Feb 24, 2014 7:55am Feb 24, 2014 7:55am
Quoting toddanderson
what other thread ? {quote}
Here
  • #1,456
  • Feb 24, 2014 9:49am Feb 24, 2014 9:49am
Quoting hollowhead
GU T5_103 Long TP - 1.67153
My GU T5_103 sell ordered triggered as well. TP 1.65427
  • #1,457
  • Feb 24, 2014 12:34pm Feb 24, 2014 12:34pm
Quoting hollowhead
{quote} What do you mean?
I've read almost 15 first pages and didn't read the rest.
Base on your image, I don't even know what baseline do you use in every report you make.
Can you please provide it sir ?

Thank you.
  • #1,458
  • Feb 24, 2014 12:40pm Feb 24, 2014 12:40pm
Quoting guiltry
{quote} I've read almost 15 first pages and didn't read the rest. Base on your image, I don't even know what baseline do you use in every report you make. Can you please provide it sir ? Thank you.

Guiltry
Here you go .. each template as their own baseline prices listed below:

--The Baselines for the EUR/USD (2014)
Template : Baseline price
T4Y_1130 = 1.3471
T5_2_2= 1.3182
T4Y_680= 1.3738
T4F_220= 1.3741
T5_1_103= 1.3851
--The Baselines for the GBP/USD (2014)

Template : Baseline price
T4Y_1130= 1.6262
T5_2_2= 1.7000
T4Y_680= 1.6528
T4F_220= 1.6777
T5_1_103= 1.6629

--The Baselines for the AUD/USD (2014)
Template : Baseline price
T4Y_1130= 0.9889
T5_2_2= 0.9438
T4Y_680= 0.9025
T4F_220= 0.9001
T5_1_103= 0.9016


Thanks,

SP
  • #1,459
  • Feb 24, 2014 1:08pm Feb 24, 2014 1:08pm
Quoting guiltry
{quote} I've read almost 15 first pages and didn't read the rest. Base on your image, I don't even know what baseline do you use in every report you make. Can you please provide it sir ? Thank you.
Ahh - I see.

PS that's why mentioned post 726, as this year's baselines are there - but SP's sorted you out.
  • #1,460
  • Feb 24, 2014 1:09pm Feb 24, 2014 1:09pm
Quoting spuspala
{quote} Guiltry Here you go .. each template as their own baseline prices listed below: --The Baselines for the EUR/USD (2014) Template : Baseline price T4Y_1130 = 1.3471 T5_2_2= 1.3182 T4Y_680= 1.3738 T4F_220= 1.3741 T5_1_103= 1.3851 --The Baselines for the GBP/USD (2014) Template : Baseline price T4Y_1130= 1.6262 T5_2_2= 1.7000 T4Y_680= 1.6528 T4F_220= 1.6777 T5_1_103= 1.6629 --The Baselines for the AUD/USD (2014) Template : Baseline price T4Y_1130= 0.9889 T5_2_2= 0.9438 T4Y_680= 0.9025 T4F_220= 0.9001 T5_1_103= 0.9016 Thanks, SP
Thanks Spuspala
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