Are support and resistance levels predetermined? | Page 95 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Draw line with predetermined pip distance from the origin line 5 replies

Which platforms offer non-predetermined timeframes? 6 replies

Adjusting the colours of bar range indicator at predetermined values 4 replies

Is market action based on predetermined levels? 3 replies

Possible Support and Resistance Levels 1 reply

Attachments: Are support and resistance levels predetermined?
Exit Attachments

Are support and resistance levels predetermined?

  • #1,881
  • Jun 14, 2014 3:19am Jun 14, 2014 3:19am
Since these pairs have incorporated in my operation, profits are soaring

GBP-AUD
EUR-AUD
GBP-CAD
GBP-NZD
EUR-NZD
GOLD

Current results:
Attached Image (click to enlarge)
Click to Enlarge Name: ff-13-06-14.png Size: 20 KB
  • #1,882
  • Jun 19, 2014 9:14am Jun 19, 2014 9:14am
Quoting hollowhead
Weekly analysis {image}{image}{image}
HIT TP GU 1.7047
  • #1,883
  • Jun 19, 2014 1:41pm Jun 19, 2014 1:41pm
Quoting na_r2000
{quote} HIT TP GU 1.7047
- Yep 1.7047 was a major price to hit . I'm now out of all my GU longs and am bearish. If price crosses above 1.7100 then it will confirm for me a continuation of the bull run up 1.75 - but I'm hoping for a decent pullback before that.

Trade well everyone.
  • #1,884
  • Jun 20, 2014 4:28am Jun 20, 2014 4:28am
Quoting hollowhead
{quote} - Yep 1.7047 was a major price to hit . I'm now out of all my GU longs and am bearish. If price crosses above 1.7100 then it will confirm for me a continuation of the bull run up 1.75 - but I'm hoping for a decent pullback before that. Trade well everyone....
Hi hollow all well?Which tpl confirms if GU crosses 1.71 will confirm bullish run up 1.75?
unlearning is difficult than learning-that is the key!!
  • #1,885
  • Jun 20, 2014 8:28am Jun 20, 2014 8:28am
Quoting sram
{quote} Hi hollow all well?Which tpl confirms if GU crosses 1.71 will confirm bullish run up 1.75?
Hi sram - T5 103 x10 triggers at 17092.5 with TP 17492.5. But note in my experience and research the 1030 template can take a long time to hit, and so be well prepared for it to pullback a long way first. There are still 680 shorts outstanding, which should get hit. I do not know whether Bobi considers a completion of a template target in the opposite direction as invalidating the previous target, so I am keeping it open as a target.
  • #1,886
  • Jun 21, 2014 1:59am Jun 21, 2014 1:59am
Quoting hollowhead
{quote} Hi sram - T5 103 x10 triggers at 17092.5 with TP 17492.5. But note in my experience and research the 1030 template can take a long time to hit, and so be well prepared for it to pullback a long way first. There are still 680 shorts outstanding, which should get hit. I do not know whether Bobi considers a completion of a template target in the opposite direction as invalidating the previous target, so I am keeping it open as a target.
Yea sorry i forgot -1030. I am also waiting for GU tpl-680 target where fundamentally U.K remains positive and looks so strong in the long run.If we assume that there is little correlation between EU and GU we can expect GU -680 target 1.61xx before it runs to 1.75 as GU looks more volatile than EU,where EU looks week over the medium term and likely to see tpl- 680 target may be little lower. BOBI said 1.44XX sometimes in 2014. Do you think he considered the time factor?where do you see EU bottom this year? Thank you
unlearning is difficult than learning-that is the key!!
  • #1,887
  • Jun 30, 2014 10:52pm Jun 30, 2014 10:52pm
Hi guys, any ides on Dow Jones Dollar index using any of the templates?
It's hit bottom and suppose it should bounce upwards.

At the same time GBPUSD soared to 1.71x and according to template it should go further to the next level 100.
Any ideas on how this suppose to play-out according to template?
  • #1,888
  • Jul 1, 2014 11:51am Jul 1, 2014 11:51am
Quoting hollowhead
{quote} Hi sram - T5 103 x10 triggers at 17092.5 with TP 17492.5. But note in my experience and research the 1030 template can take a long time to hit, and so be well prepared for it to pullback a long way first. There are still 680 shorts outstanding, which should get hit. I do not know whether Bobi considers a completion of a template target in the opposite direction as invalidating the previous target, so I am keeping it open as a target.
hi hollow,

check EU on T4Y_680 Template ,


We can say 76.4% is broken when price is traveling from 0%+59 of upper phase and falls 14 pips below 76.4% level of current phase.

price already hit 76,4% level means there is sell target EU TP = 1.33980

please correct me if i am wrong
  • #1,889
  • Jul 1, 2014 2:27pm Jul 1, 2014 2:27pm
Quoting shon9178
Hi guys, any ides on Dow Jones Dollar index using any of the templates? It's hit bottom and suppose it should bounce upwards. At the same time GBPUSD soared to 1.71x and according to template it should go further to the next level 100. Any ideas on how this suppose to play-out according to template?
Hi Shon - we have no baselines for Bobi for DJ.

Not sure what you mean about GU reaching next level 100 - which template are you referring to?
  • #1,890
  • Jul 1, 2014 2:32pm Jul 1, 2014 2:32pm
Quoting na_r2000
{quote} hi hollow, check EU on T4Y_680 Template , We can say 76.4% is broken when price is traveling from 0%+59 of upper phase and falls 14 pips below 76.4% level of current phase. price already hit 76,4% level means there is sell target EU TP = 1.33980 please correct me if i am wrong
You're correct na_r2000. The T4Y_680 is on. Please note that this is the second time of asking. The signal was also given early in the year and didn't reach it's target, so beware that 1.3480 could be a tough level to break. Price can take a long time to get its target and can go along way away from it before coming back - but hopefully this time it will fulfill its promise.
  • #1,891
  • Jul 1, 2014 10:15pm Jul 1, 2014 10:15pm
Quoting hollowhead
{quote} Hi Shon - we have no baselines for Bobi for DJ. Not sure what you mean about GU reaching next level 100 - which template are you referring to?
Hi Hollowhead!
i'm looking at T5_103F
  • #1,892
  • Jul 2, 2014 10:03am Jul 2, 2014 10:03am
Bobi, are you here?
  • #1,893
  • Jul 3, 2014 9:16am Jul 3, 2014 9:16am
Quoting hollowhead
{quote} You're correct na_r2000. The T4Y_680 is on. Please note that this is the second time of asking. The signal was also given early in the year and didn't reach it's target, so beware that 1.3480 could be a tough level to break. Price can take a long time to get its target and can go along way away from it before coming back - but hopefully this time it will fulfill its promise.
template T5_103F is already ON = SELL EU 1.3598 TP 1.35580

what do u think ?
  • #1,894
  • Jul 3, 2014 1:56pm Jul 3, 2014 1:56pm
Quoting na_r2000
{quote} template T5_103F is already ON = SELL EU 1.3598 TP 1.35580 what do u think ?
I'm still biased short to 1.3398.
  • #1,895
  • Jul 7, 2014 5:45am Jul 7, 2014 5:45am
Quoting hollowhead
{quote} I'm still biased short to 1.3398.
what about 1.4078?
  • #1,896
  • Jul 7, 2014 2:41pm Jul 7, 2014 2:41pm
Quoting Magnat
{quote} what about 1.4078?
It's still in play (and beyond) I'm long term bullish, but short/medium bearish.
  • #1,897
  • Jul 8, 2014 10:20pm Jul 8, 2014 10:20pm
Quoting hollowhead
{quote} It's still in play (and beyond) I'm long term bullish, but short/medium bearish.
Hi Hollowhead, any thoughts on GU?
  • #1,898
  • Jul 9, 2014 7:02am Jul 9, 2014 7:02am
Quoting shon9178
{quote} Hi Hollowhead, any thoughts on GU?
My first thought regarding GU is "*$&%^@". My second thought is I am biased bullish long term to at least 1.749. Short term, I think it could pullback to 1.69.

But this pair isn't playing by the rules. There are many unfulfilled abonacci bear targets and I am undecided as to what to make of them...

Sorry I can't be more constructive.
  • #1,899
  • Jul 9, 2014 9:29pm Jul 9, 2014 9:29pm
Quoting hollowhead
{quote} My first thought regarding GU is "*$&%^@". My second thought is I am biased bullish long term to at least 1.749. Short term, I think it could pullback to 1.69. But this pair isn't playing by the rules. There are many unfulfilled abonacci bear targets and I am undecided as to what to make of them... Sorry I can't be more constructive.

well GU is definitely defying logic for climbing endlessly since last year June...
i hope it stops climbing....
  • #1,900
  • Jul 15, 2014 11:59pm Jul 15, 2014 11:59pm
Quoting na_r2000
{quote} template T5_103F is already ON = SELL EU 1.3598 TP 1.35580 what do u think ?
HIT TP for EU
2 traders viewing now