Sorry, misunderstood the question. I take it to mean that for a... Long - price needs to have come from 59pips below the 0%/100% line and crossed above the 23.6% by 42 pips. Short - price needs to have come from 59pips above the 0%/100% line and ...

Are support and resistance levels predetermined?

Was anyone else in the GU T5_103 short - with my broker it missed the target by 0.2 pips!! Still, if the T4Y_680 signal is valid (which I believe it is, it should hit there again. I think there is also a T4Y_1130 signal long (depending on whether we ...

Are support and resistance levels predetermined?

Good question - which I don't know the answer for I am afraid. Previously Bobi has stated that if the template name has an 'f' in it, then it can 'fail'. It may well be that bobi has increased his confidence in the T5_103 template and that his ...

Are support and resistance levels predetermined?

Hi jaylovin the 61.8% is wrong, it should read 76.4%. Bobi corrects it here Steve

Are support and resistance levels predetermined?

Hi karinhak The template to use is attached to post number 204. Steve

Are support and resistance levels predetermined?

mima Date is ddmmyyyy Steve

Are support and resistance levels predetermined?

Thanks Gisela, appreciate the response. Steve

Are support and resistance levels predetermined?

Hi prraj - I am unclear as to whether the price drop last year makes the trade valid or not - perhaps Bobi will clarify when he comes back with the other baselines. Steve

Are support and resistance levels predetermined?

Hi prraj - looks like a valid signal to me. Steve

Are support and resistance levels predetermined?

Bobi (or anyone else with an opinion esp those who trade the monthly templates). When we look at a template at the begining of a year we change the date on the indicator, if there is a signal on a template early on in the year, and the template ...

Are support and resistance levels predetermined?

And the T5_594 baselines for all as well please - thanks bobi.

Are support and resistance levels predetermined?

I'd say it's testing former resistance (H1 and H4) - maybe turning to support.

Geppy's Geppy Thread (GBP/JPY)

Best Christmas present I've had Thank you so much. BOBI: Could you provie the T5_594 numbers as well please (also AU, EJ, Gold and Oil as before when you get a chance). Many thanks again. Steve

Are support and resistance levels predetermined?

And you Bobi.

Are support and resistance levels predetermined?

Happy New Year jaylovin - Yes - multiply everything by 10 - bobi describes it in the chart in the post below

Are support and resistance levels predetermined?

Happy New Year everyone. I've just done some end of year reviews and the results are amazing. Looking at my live account from 27 Sep when I started trading using abonacci - if I remove the non-abonacci trades, so I only have trades based on this ...

Are support and resistance levels predetermined?

IMHO this is not why the thread died - OP was honest about his loss and said he was going to take a few days to get his head together - he never tried to excuse, conceal or deny his loss - that makes him a real trader and someone I would want to ...

Ramblings of a Forex Junkie

From what I see it goes something like this. 1. Goodhearted successful trader (but naive to FF) decides to give something back to the Forex community and new traders. 2. Starts thread to teach how to trade using principles (the good threads always ...

Ramblings of a Forex Junkie

Brilliant - what a great end to the year Tom!! You might find the attached useful to post charts Steve file

Are support and resistance levels predetermined?

Hiya jaylovin - yep levels will change, and I've been undecided as to how to play that. I started thinking that I would close out trades, but I figured I would keep them open to the targets I already see for 2013, and when we get the new levels see ...

Are support and resistance levels predetermined?