It does if you look at a daily chart. Steve

Pure & simple Abonacci system

Good - so looking at the rules and what is on the chart now. Has price come from the 76.4% level in the phase below and crossed the 100% mark? Yes. 76.4%=1.67077 For a long signal we now need price to break the 38.2% level by 7 pips. (38.2%=1.6715 + ...

Are support and resistance levels predetermined?

What are the rules are for the T5_103 template?

Are support and resistance levels predetermined?

I agree 100% with Jay There are no shortcuts - I feel for thoseon FF who don't have English as their native language, and will always try and help. But, any successful trader will tell you that you have to discover it yourself and make it your own. ...

Are support and resistance levels predetermined?

Can I gently suggest you read more than Bobi's initial posts and it will become clear that your second question is impossible to answer - you will have to decide how you are going to trade what you learn, and only you will be able to answer ...

Are support and resistance levels predetermined?

GU T4Y TP hit

Are support and resistance levels predetermined?

No - this is a different forum thread. Murrey Math has nothing to do with this thread.

Are support and resistance levels predetermined?

GU T5_103 Long TP hit

Are support and resistance levels predetermined?

Oh I see. No - I am referring to Bobi's templates here - I will only ever post here baselines, trades, analysis that are from Bobi's direct strategy, templates taught here. Please try not to post stuff from my thread here - we need to keep them very ...

Are support and resistance levels predetermined?

For which template?

Are support and resistance levels predetermined?

AU T4Y_1130 TP hit Edit: and T5_103 long hit

Are support and resistance levels predetermined?

Good job sniper.

Pure & simple Abonacci system

Hi Moein Yes and Yes

Are support and resistance levels predetermined?

Hi Paulus Thanks for all your work on this - lot calculation based on a percentage of account would be really good. Also, is it too much to ask if you could produce a version with the two additions JMSS asks for. 1. I know you asked this before and ...

Pure & simple Abonacci system

I mentioned before that I have been testing using ADX as a filter. For those who don't know about ADX a quick google or FF search will fill you in. Basically you have 3 lines, D+ (green), D- (red) and ADX (white). There are three levels I have ...

Pure & simple Abonacci system

Sorry - missed you post, while writing another one. What will you use for TP or is that open? I'll be interested to see how your test goes. GL EDIT: I did do something similar annual pivots. I did test on 2012 figures for 2013 trading (H+L+C)/3 = ...

Pure & simple Abonacci system

Hi Shiva I have bolded the length that is a 1:1 fit. By that I mean there is one full abonacci phase between the Murrey Math Levels (and generally what I am trading). Steve

Pure & simple Abonacci system

My weekend analysis (sorry it's a bit late). image image image

Are support and resistance levels predetermined?

A few people have asked about the significance of the MM levels - here's a quick overview of how the levels are normally perceived. 8/8th and 0/8th Lines (Ultimate Resistance) These lines are the hardest to penetrate on the way up, and give the ...

Pure & simple Abonacci system

Oil and and Gold baselines and length have been posted on the thread a little while back.

Pure & simple Abonacci system