Are support and resistance levels predetermined? | Page 101 | Forex Factory

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Are support and resistance levels predetermined?

  • #2,001
  • Oct 1, 2014 7:06am Oct 1, 2014 7:06am
hi guys,
im newbie for this thread , can anyone tell me how many template u guys are focusing ? and only trade EU or other pair also can using this system ?
  • #2,002
  • Oct 1, 2014 4:20pm Oct 1, 2014 4:20pm
Quoting cavenlee92
hi guys, im newbie for this thread , can anyone tell me how many template u guys are focusing ? and only trade EU or other pair also can using this system ?
Based on your questions it is clear you may need to read the first 10 pages or so of this thread. If you still have the same questions I or others will be happy to answer. I will give you a hint -- your questions have been answered previously --several times. This is a small thread but it is REALLY an effective and accurate system/method. You will benefit from reading it. Good trading.
  • #2,003
  • Oct 1, 2014 11:56pm Oct 1, 2014 11:56pm
hi tomthepoppop
thanks for your reply. Yes , i also found this system seems quite effective
from my studied , i understand that each of the template form by using the Abonacci Templates Manual v7.0.ex4 but different size pips and form the template
and if i no mistake , we now focusing these 5 template T4Y_1130 ,T5_2_2 ,T4Y_680 ,T4F_220, T5_1_103 correct ?
the other template i think i already have it from the first few page,but only the T5_2_2 i never see this before , can i get this from anywhere ?
  • #2,004
  • Oct 2, 2014 7:44am Oct 2, 2014 7:44am
hi guys
the E-U T5_1_103F template reverse mean that will become up trend ?is that correct to set the buy stop ?
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  • #2,005
  • Oct 2, 2014 8:16am Oct 2, 2014 8:16am
Quoting cavenlee92
hi guys the E-U T5_1_103F template reverse mean that will become up trend ?is that correct to set the buy stop ? {image}
Hi Cavenlee
No. The only reversal template that we have a baseline for is the T4f 220
  • #2,006
  • Oct 2, 2014 9:06am Oct 2, 2014 9:06am
hi hollowhead
so how you defind the trend reverse for the template 103 ?
  • #2,007
  • Oct 2, 2014 9:28am Oct 2, 2014 9:28am
Quoting cavenlee92
hi hollowhead so how you defind the trend reverse for the template 103 ?
Hi. I'm not 100% sure I understand what your asking. The entry and rules for trading each template are clearly described thought the thead as well as the PDF I uploaded. There isn't a reversal area, unless you mean where to put a SL and that is down to each trader to decide - there's no prescribed level. Hope that helps.
  • #2,008
  • Oct 2, 2014 9:49am Oct 2, 2014 9:49am
Hi Steve,
I see you have a new and much faster thread going here, great stuff man.
Not too long ago I was on your Pure and Simple Abonicci thread and now this.

Why the 2 different threads Steve?
I notice on this thread traders are talking about different types of templates, unlike your original thread.
Are you still using the same templates with the base calculations you found then or is this something brand new and different.

I've only read the last few pages here, will read the thread over the week end and get up to speed.
If you have some pointers for me to read first before uploading templates and charts, this will be great and helpful.
I'm a day trader, UK market, which template would you recommend I start with.

Best of luck to you and the team with this new thread.
  • #2,009
  • Oct 2, 2014 9:57am Oct 2, 2014 9:57am
Quoting forexday
Hi Steve, I see you have a new and much faster thread going here, great stuff man. Not too long ago I was on your Pure and Simple Abonicci thread and now this. Why the 2 different threads Steve? I notice on this thread traders are talking about different types of templates, unlike your original thread. Are you still using the same templates with the base calculations you found then or is this something brand new and different. I've only read the last few pages here, will read the thread over the week end and get up to speed. If you have some pointers...
Hey forexday. This is actually the original thread. It's not mine, it was started by Aebab (aka Bobi). The templates n this thread are very accurate, BUT they depend on Bobi supplying the baseline for each tenplate for each pair at the beginning of each year. While Bobi bas been kind enough to supply them for two years, there is Jo Jura tee he will continue to do so. The pure and simple thread is an exploration and way to trade the 'principles' of this thread, without depending on Bobi to supply baselines. Hope that makes sense. Steve
  • #2,010
  • Oct 2, 2014 10:21am Oct 2, 2014 10:21am
ok thanks hollowhead , i will go study the PDF file first
  • #2,011
  • Oct 2, 2014 8:24pm Oct 2, 2014 8:24pm
hi hollowhead
are u using the template T5_594, because i cannot find the baseline for this year
  • #2,012
  • Oct 2, 2014 9:17pm Oct 2, 2014 9:17pm
Hi, I am new, Can anyone help me using this Abonacci, because when i Attach to it, there are no fibonacii level. Please help thank you
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  • #2,013
  • Oct 2, 2014 11:53pm Oct 2, 2014 11:53pm
quote=cavenlee92;7777458]hi hollowhead are u using the template T5_594, because i cannot find the baseline for this year[/quote]

Hi - no. Bobi didn't provide baselines for the 594 for this year.

Steve
  • #2,014
  • Oct 2, 2014 11:56pm Oct 2, 2014 11:56pm
Quoting ngoanhoang3
Hi, I am new, Can anyone help me using this Abonacci, because when i Attach to it, there are no fibonacii level. Please help thank you {image}
Hi = not sure what is going on there. Did you fill out the boxes for the length and the baseline? Apart from that I don't know. Sorry. Steve
  • #2,015
  • Oct 3, 2014 12:30am Oct 3, 2014 12:30am
Quoting hollowhead
{quote} Hi = not sure what is going on there. Did you fill out the boxes for the length and the baseline? Apart from that I don't know. Sorry. Steve
Hi Hollow, The indicator abonacci a attach on with baseline = 0 and line = 0. Can you tell me what nu,ber i have to put in. Thank you
  • #2,016
  • Oct 3, 2014 7:37am Oct 3, 2014 7:37am
Quoting na_r2000
hi friends, template T4Y_680 EU is already ON = SELL EU 1.2659 TP 1.2538
HIT TP
  • #2,017
  • Oct 3, 2014 7:39am Oct 3, 2014 7:39am
yaya! my GU 103 also TP
  • #2,018
  • Oct 3, 2014 7:40am Oct 3, 2014 7:40am
Quoting na_r2000
{quote} Hi Hollow, please check on template T4Y_680 GBP/USD is already ON = SELL GBP/USD 1.6129 TP 1.60080 what do u think?
HIT TP
  • #2,019
  • Oct 3, 2014 9:47am Oct 3, 2014 9:47am
Hi friends, template T4Y_1130 GBP/USD is already ON = SELL GBP/USD 1.5953 TP 1.56970
  • #2,020
  • Oct 3, 2014 11:43am Oct 3, 2014 11:43am
hi guys
GU template 220 TP
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