OLD Calculator with NY CLOSE Strategy — Ok. Here is my 'stupid' interpretation(observation) of using the old calculator last night with the Oct template. NY close 1.3686 monthly value 1.3737. This gave pivot of 1.3692 and monthly sentiment of ...

Aboonacci System - for EUR/USD prediction

thanks

Aboonacci System - for EUR/USD prediction

For clarification, do you mean apply or use the Closing Fibonacci rule as opposed to breakout when pivot=sentiment?? Thanks

Aboonacci System - for EUR/USD prediction

Appreciate your response and looking forward to the updated calculator. Another question would be when pivot & monthly sentiment are the same, do you avoid break-out trades for that day? Thanks

Aboonacci System - for EUR/USD prediction

Thanks very much. I am hoping that Bobi will respond to my question and elaborate more on this so that it can be better understood.

Aboonacci System - for EUR/USD prediction

Monthly Sentiment — Bobi, When you compute the numbers based on the daily NY close, do you use the monthly sentiment in relation to the pivot on the calculator to get some sort of bias as to likely direction for the day i.e long or short? ...

Aboonacci System - for EUR/USD prediction

Thanks very much. I will also ask the owner of this thread about the monthly sentiment.

Aboonacci System - for EUR/USD prediction

Interesting.. I know I can backtest this, but if it is not too much trouble, do you have any readily available data on this? thanks

Aboonacci System - for EUR/USD prediction

Yes I did see the 3796 resistance thrown up by the calculator. Thanks for the clarification.

Aboonacci System - for EUR/USD prediction

Nice trade on your part. My main use of the calculator is that of estimating likely target(s) when I enter a trade and for me it is a great tool. My question to you is-When you compute the numbers based on the NY close, do you use the monthly ...

Aboonacci System - for EUR/USD prediction

127 is the phase range based on the monthly template. 78(oct) not 74(sep) is the closing sentiment fib used for this strategy url

Aboonacci System - for EUR/USD prediction

Where did you place your stop loss on this trade?

Aboonacci System - for EUR/USD prediction

Agreed. Even if Bobi decides to stop sharing in the future, I have learnt something from this thread. CHAOS HAS STRUCTURE However I for one certainly wish for Bobi to continue sharing with us and I would like to say thanks for giving my little ...

Aboonacci System - for EUR/USD prediction

Thanks. Noted. I wish the industry could sync their platforms to the same prices so that we could avoid these fluctuations.....

Aboonacci System - for EUR/USD prediction

Based on today's ADR even if 38.2% taken out we could get a retracement before it eventually head to the target. Good luck anyway.

Aboonacci System - for EUR/USD prediction

38.2% — Just stating the obvious, based on the template. If the 38.2% (1.3575) of this phase gets taken out, then 1.3653 would be the next eventual target.

Aboonacci System - for EUR/USD prediction

Downloaded & scanned, no virus detected.

Aboonacci System - for EUR/USD prediction

As an intra-day trader this is the main way I use the calculator (i.e. with swing lows and highs) which helps in setting targets and compliments my existing trading system. The calculator IMHO is a tool, not a system. You still have to know how to ...

Aboonacci System - for EUR/USD prediction

The recommended close from earlier posts is NY at 5:00 pm EST

Aboonacci System - for EUR/USD prediction

Agreed that the ADR must be considered. I was only re-quoting what was in the pdf document. Could get a pullback before heading to target. My trades are currently biased to the long side.

Aboonacci System - for EUR/USD prediction