I have. I have also read and studied the thread many, many times

Are support and resistance levels predetermined?

[quote=jaylovin;7298908] Hi Jay - price only needs to have come from 23.6% level. See Post 93

Are support and resistance levels predetermined?

Hi Mehmed - If I understand what your referring to correctly I still don't see a valid trade. Price needs to have come from at least the 23.6% level in the phase above - but it only came from the 100%.

Are support and resistance levels predetermined?

Hi sram. The calculator was introduced as part of the bobi's other thread. Someone there should be able to tell you how to get a copy. I'm sure there'll be a link or something.

Are support and resistance levels predetermined?

[quote=eurozo;7298598] You could be right Zo. But I'm hoping it pulls back to 1.3398 and then sky rockets - but that's just becuase it would be neater for me (and easier on the cash flow) if all bearish signals completed and we only had trades ...

Are support and resistance levels predetermined?

Hi mehmed92 You're right about the the EU T5_103 - I forgot to write that one down!! I don't see a T4Y though as price hasn't didn't cross below the 61.8% before breaking the 100% by 10%. Steve image

Are support and resistance levels predetermined?

Here's my weekly analysis. image image image

Are support and resistance levels predetermined?

Depends on your definition of long term But here's what I think In short - the templates we have here point to 1.4257 (but also 1.3398). Which one first? Who knows!!

Are support and resistance levels predetermined?

Possibly. The baseline level is proving strong support. The long T4Y_680 is the closest target, but if the baseline level breaks convincingly, then I can see it dropping down to the short T4Y_680 level. We'll just have to wait and see which ...

Are support and resistance levels predetermined?

All I can say is that Bobi comments that the 680 and 1130 templates are the most reliable he has created. It's been suggested several times here not to trade the larger templates but just use them as a bias and trade the smaller templates in that ...

Are support and resistance levels predetermined?

Not that I know of. Personally I am never sure why people want an EA (unless they are scalping ticks in seconds). IMHO there is too much analysis required across the templates for an EA to be successful. And as there is no clear, accepted or tested ...

Are support and resistance levels predetermined?

Hi Hanid - Yes your analysis is spot on. On GU we have two contrary T4Y_680 signals and on AU there is a TT4Y_1130 long signal. I am not sure what you mean by 'price won't go'. Just because it hasn't yet, doesn't mean it won't. These larger ...

Are support and resistance levels predetermined?

It's a good approach.

Are support and resistance levels predetermined?

A bit late but there are two more new shorts triggered AU T5_103 short - TP 0.89297 EU T5_103 short - TP 1.36617

Are support and resistance levels predetermined?

I'll try again. I've been thinking about other ways to trade abonacci if you are unable to hedge. So how about this... 1. Trade only T4F template (and T5_103 under certain conditions). 2. Enter on the 'setup trade' (ie for a long, price comes from ...

Are support and resistance levels predetermined?

I'm sure I posted something earlier and its not here now

Are support and resistance levels predetermined?

Fair enough mehmed92!! (I couldn't see the top of the wick, but you're right). But I'd like to draw your attention to Bobi's post below referring to the T4Y_1130. The blue circle on far left of the chart is referencing the second phase trade (if ...

Are support and resistance levels predetermined?

TP Hit

Are support and resistance levels predetermined?

If it gives you confidence in the trade then great. But, if Bobi is right that news, war, famine won't stop a target being met, then a lagging indicator won't either (just playing). One of the best things for me about trading Abonacci is ...

Are support and resistance levels predetermined?

Hi - I think the PA in the preceding year counts. If you look at a number of the example charts Bobi used he seems to do that. Below is an example of the T5_2_2 that Bob uses right from the begining of 2013. He was clearly factoring in the move down ...

Are support and resistance levels predetermined?