Sorry Jay - was typing as you replied to Tuka - I am sure Bobi has stated that some of the larger templates can go beyond the year - but you're right that concentrating on this year's baselines and templates must be the best way to go.

Are support and resistance levels predetermined?

Hi Tuka There were a few 1030 signals last year which are unresolved. And you're right in that Bobi's example of Abonacci Magic (T5_103x10), he uses a chart set to weekly and clearly implies the target is good beyond the year. However, unless we are ...

Are support and resistance levels predetermined?

The only way we can get baselines is direct from Bobi. Nobody else knows the calculation he uses.

Are support and resistance levels predetermined?

Would still love to have the T5_594 baselines - I found them so useful last year to see the big reversal areas.

Are support and resistance levels predetermined?

No problem.

Are support and resistance levels predetermined?

mehmed - you are right in that Bobi says that if price crosses the 38.2 it should reach 76%, BUT the T4F template is not there to take that trade. It is there to take the failure. It is a trend reversal template. Bobi says if it fails (which you ...

Are support and resistance levels predetermined?

I've pretty much taken whatever it takes - I'm currently -250 pips on the AU T5_103 short at the bottom - I think the most I have been is about 600 pips BUT, I am hedged for a decent section of the trade. So if a T5_103 goes against me, it may go 4 ...

Are support and resistance levels predetermined?

Hi mehmed - no this is not a valid EU trade according to T4F rules. T4F is a fail trade. If price fails to reach the target you are pointing out, and reverses below the 100% by 10 pips then there will be a T4F short trade on. Yes there is a strong ...

Are support and resistance levels predetermined?

[quote=ud1nh0;7269464] yes sir. i have heard it before, broken res/sup become support/resistance . OK

EURUSD

This is an old signal. I take the rise from below 23.6% in Dec 13 and the fact that price opened above the 50% signal on 2 Jan 14 to validate the trade (I know others don't). I'm not particulalry married to the signal and I won't lose sleep over ...

Are support and resistance levels predetermined?

It's also true that when you take a lift to the next level in a hotel (elevator for my US friends), you go through the ceiling. When you step out, you are standing on the floor of the level you are on (which is also the ceiling of the floor you have ...

EURUSD

A floor is a floor until it collapses - then it stops being a floor. But just because it collapsed it don't mean it wasn't a floor before. A ceiling is a ceiling until it falls - then it stops being a ceiling and becomes part of the floor. Just ...

EURUSD

My weekly analysis - found it hard this week as there seem to be alot of mixed signals. AU contiues to throw out some confusing messages. We have an unfinished T5_103 short, which when if it completes will trigger signals potentially down 0.8005. ...

Are support and resistance levels predetermined?

Big breath - now dive baby

Are support and resistance levels predetermined?

TP Hit

Are support and resistance levels predetermined?

Hi Zo - the confusion is that usually there are only two baselines for the other thread - T3 and T4Y. But the post includes monthly baselines for T4F and and T5_103, which only appear in this thread which deals with templates that have a year long ...

Are support and resistance levels predetermined?

They are - not sure what is going on. As it wasn't Bobi himself I am not changing anything.

Are support and resistance levels predetermined?

Hi na_r2000 - I don't see that as a valid T4F trade. Green pips to you Steve

Are support and resistance levels predetermined?

Armyda No - this is for another thread which uses monthly templates. The baselines you have been trading here last for the year. Steve

Are support and resistance levels predetermined?

Yep - it looks pretty exhausted at the moment. I'm still holding out for a last gasp for air up before a final dive

Are support and resistance levels predetermined?