I'm sorry I'm not sure what you're saying - it sounds like you're saying a calculator can never work because the monthly range changes - which surely undermines the whole predetermination theory!! All I know is that Bobi says that specific ...

Are support and resistance levels predetermined?

This is what Bobi says about it

Are support and resistance levels predetermined?

Yes, Bobi has a special calculator for generating stop loss - but we don't have it and the calculator you have isn't what he is referring to. He did say he will try and 'create' one for us to be able to use with these templates. What does that mean? ...

Are support and resistance levels predetermined?

Really? That doesn't sound logical to me. From what I understand from the other thread (which the calculator works with) baselines were always changing each month and day - so it stands to reason that it would use the previous six months (and not ...

Are support and resistance levels predetermined?

No probs - I screwed up typing in my my baselines too many times last year - Easily done.

Are support and resistance levels predetermined?

Tom - just double check your baseline. Have you got 0.9348 instead of 0.9438?

Are support and resistance levels predetermined?

I'm not at my computer at the moment to check. But you are describing the rules for the TF4 template, but you post says its a T5_ 103 signal. Not sure I understand Mehmed. Steve

Are support and resistance levels predetermined?

Hi Tom I see price was below the 23.6 on 24 Jan and crossed the 50% on 6 Feb. I'm not sure which short you're referring to. Steve

Are support and resistance levels predetermined?

Hi Mehmed - good work and thanks for the input. AU - you're right - for some reason I had removed that from my spreadsheet. Although I think its a fail and won't be hit for a long time (could be wrong though). GU Bearish TP=1.62333 Feb 4 - You're ...

Are support and resistance levels predetermined?

Here's my weekly Abonacci analysis - pitch in if you see it differently image EDIT: Spotted an error and updated image EDIT: Added 2 T5_103 shorts Mehmed pointed out

Are support and resistance levels predetermined?

Sorry Tom - I'm still on 509. What's the issue?

Are support and resistance levels predetermined?

So, I'll have a go. T4Y_68 long pending set at 1.38255 (incl spread) - TP 1.38400 - Profit 14.5 pips EDIT: Placed a SL (novelty for me) 20 pips just under the 100%. I know its not a 1:1, but I think the win rate might justify it. EDIT: I think I ...

Are support and resistance levels predetermined?

Now this gets me thinking. Remember the Magic of Ten? So, how about creating a scalping type template by taking the T4Y_680 template and dividing it by 10. We then have a 68pip length template. Same rules as the T4Y_680 (except divided by 10). ie. ...

Are support and resistance levels predetermined?

GU T5_103 short - TP 1.66457 Things are getting messy now!!

Are support and resistance levels predetermined?

Zoom out and look at the daily chart from the beginning of 2014 - IMO it 100% supports upside. It's consolidating, but it has been all bull for 2 years.

Geppy's Geppy Thread (GBP/JPY)

Thanks

Geppy's Geppy Thread (GBP/JPY)

FX-Ray, thanks for your insight and commentary on the trade - I'm sure a alot of people appreciate reading how you are seeing it 'in the moment'. Out of interest, are you moving your stops to below the S/R areas (your 3 TPs) as price breaks closes ...

Geppy's Geppy Thread (GBP/JPY)

Morning (afternoon/evening) all Just for your radar. The AU on T4F has come from above the 23.6% level and crossed below the 61.8%. If price reverses and crosses 10pips higher than the 100% (0.9011), then we have T4F trade on TP - 0.91691. That ...

Are support and resistance levels predetermined?

There's the down T5_103 Short TP Hit. Now back up please!!

Are support and resistance levels predetermined?