Actually I try and trade mostly intraday, but using hedging on this system can mean trades do take days - but some last minutes. I generally don't actually trade the large templates - I am just use them to define trend/direction - which for most is ...

Are support and resistance levels predetermined?

Unless you are using your own baselines...

Are support and resistance levels predetermined?

I think you have the AU baseline wrong - you look like you using 0.94683 - it is actually 1.0249. Glad it worked out for you.

Are support and resistance levels predetermined?

Hi jmss59 When looking at the T5_103F I agree with your analysis. But also remember that this template can (and does) fail - so I probably wouldn't say it 'must' reach the target. When you describe 'trend change' I would want to bear in mind that a ...

Are support and resistance levels predetermined?

Hey Pollux I understand and to a degree agree with you. What strikes me as interesting is with this system the S/Rs are not set out by viewing the chart and drawing them in - they are set out by the levels at the begining of the year. Fibs (as well ...

Are support and resistance levels predetermined?

Hi tomthepoppop Yes and no. There are several ways these templates can be traded. Bobi has implied you can use some of the templates to give you a direction bias and blend with your own strategies, or you can actually trade the templates. Bobi has ...

Are support and resistance levels predetermined?

So let me get this right. Someone has asked for baselines for Bobi's T5_103 template on certain pairs. And you have told people baselines for a system you have created that no-one knows the rules for, leading them to think they have got bobi's ...

Are support and resistance levels predetermined?

Hi jmss59 - how are you calculating baselines for these pairs?

Are support and resistance levels predetermined?

Hi Look at my previous post - I answered there.

Are support and resistance levels predetermined?

I'm afraid there are no baselines for either of those pairs only EU, GU, AU, EJ and a few for oil and couple for gold.

Are support and resistance levels predetermined?

Oil has now completed its bear trade on T4F at circa 92.72. It still has two bull trades to complete to reach 95.13 and 114.57. Price is entering a major historial S/R area between 91.20 and 92.50 - it could be a very interesting area to enter long ...

Are support and resistance levels predetermined?

My chart only has the second divergence not two. Perhaps SL should have been at the swing low on the 30m, which would have been about 1.3385. Also, the THV hadn't crossed up/bounced (but I don't know whether it needs (or is better) to have done. ...

Trading from an Experienced and Successful FULL TIME Trader

Actually trading isn't hard - being consistently profitable is...

Are support and resistance levels predetermined?

Trading is simple - but the hardest thing I have ever done.

Are support and resistance levels predetermined?

I'm afraid bobi doesn't have to do anything. It would be great if he came in from time to time - as Jaylovin said, there are things he knows and can share which would help - but he is under no obligation to at all. From what I have seen and ...

Are support and resistance levels predetermined?

This might help - also look at bobi's first posts especially the charts - it's all there image

Are support and resistance levels predetermined?

Not sure what you saying - but on T5_103 TP is 40 pips after trade signal which is 7 pips beyond 38.2%/61.8% = 47pips beyond 38.2%/61.8%. Therefore x10 is 400 pips after trade signal which is 70 pips beyond 38.2%/61.8% = 470pips beyond those levels. ...

Are support and resistance levels predetermined?

Post 283 - basically multiply the T5_103 length by 10, follow the same rules as T5_103 but do break 70 pips and TP 400 pips (everything except baseline x10)

Are support and resistance levels predetermined?

PS - I think the T5_1030 is very powerful.

Are support and resistance levels predetermined?

I do as much as I can - but obviously yesterday I demonstrated that one baseline wrong can change everything!! If you look at post no. 473, I uploaded screen shots of the spreadsheet I use. For each template I note what I think is happening - then ...

Are support and resistance levels predetermined?