Search | Energy EXCH
  • Search Energy EXCH
Posts by Trader
Website
Posts by Trader
    Advanced Search Options
    Post Types (all, none)
    Websites (all, none)
    Post Attachments (all, none)
    Sort Results By
    Date Range
    Back to Basic Search
    • hollowhead replied Apr 1, 2014

      I'm going to have to say 'no' for the time being I'm afraid. I trade alongside running a business and have a large, very busy family (which is my main priority). I can respond and discuss via the forum/PMs and am happy to do so because I break up ...

      Pure & simple Abonacci system
    • hollowhead replied Apr 1, 2014

      Absolutely - that's how I tend to trade abonacci - espcially as one of Bobi's phases is only 103 pips in length and TP is 40 pips. With Pure & Simple, I am generally trading phases that are 244 pips and higher. I do not mind missing a few pips ...

      Pure & simple Abonacci system
    • hollowhead replied Apr 1, 2014

      Here are the charts You should be able to see what I have used for length on the top left of each - I am generally using one phase to fit between MM levels - the trades that lost appear to be on the ones where I have used a shorter length. TF really ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 31, 2014

      That's a good approach as long as you are clear on when to close it out. I find that sometimes phsycologically letting it run can be harder than just closing. In principle its great and gives you the opportunity to catch the mega waves. But, in my ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 31, 2014

      Hi Paulus - thanks for sticking with it. If I have understood the question correctly the answer is Yes. I'll use a long example ------- 100 ------- 76.4 ------- 61.8 (B) ------- 50 ------- 38.2 ------- 23.6 (A) ------- 100 ------- (SL) -------76.4 ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 31, 2014

      I would say SL and TP depends on your entry signal (Kumo break, TK cross etc). I would always want to leave some as a runner until there is a clear signal the other way or price has closed outside the opposite side of the cloud. After all Ichimoku ...

      Help with Ichimoku
    • hollowhead replied Mar 30, 2014

      I appreciate your input and digging out Bobi's Hans, I am sure there are principles in there we can apply. There are alot of rules to Bobi's original system that I could not pin down in one place. So TBH I chose not to engage that system. I do think ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 30, 2014

      There a several reasons for choosing 23.6. 1. If we set the baseline and levels to MM Levels and distance, then 0% would act as the S/R area, and therefore 23.6/76.4 would be a point beyond that represents enough pips of a break. A break of 23.6 ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 29, 2014

      Hi Hans Interesting - I had also read that Bobi used 127 as part of his calculations for the original Abonacci EU system. It's interesting to me that 127 is very near 122, which is one of the multiples of the distance between MM levels on non JPY ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 29, 2014

      Probably, although I have tested it. I would look at finding the MM Levels on the 1h chart and then scale down the abonacci length to 30 (or 39 for JPY pairs). Favorite said he might look at it - if he does and comes back with a suggestion and you ...

      Pure & simple Abonacci system
    • hollowhead replied Mar 29, 2014

      Hi Paulus Thanks for the questions. 1. No. The start time isn't important for the EA. As long as it is working from the Abonacci indicator length and baselines entered by the user. 2. Yes - that sounds right. 3. Can this be made as a user option? If ...

      Pure & simple Abonacci system