Disliked@hallowhead. i went thru the orignal master's thread and also yours. there are certain things which are changed than the original and hence need clarifications 1. how murray math way incorporated into this system to find the base line ?? 2. original boby thread did not reveal how he arrived at the baseline except that he used last year hlc . 3. 76.4 and 23.8 entry is fine but finding the base line is the crux of the entire system . pls throw some light on this. I believe in what boby has said , just these things need to be clarified .Ignored
1. This is not Bobi's system - I do trade his most recently shared system and you can see me all over the thread, which I reference it in post 1.
2. As you say Bobi's system depends on his templates and baselines - from that thread we have some templates and baselines for three (3) pairs.
3. Many on the thread wanted to be able to trade more instruments and not depend on Bobi's availability each year. So I started this thread having been inspired by ubenders to trade Abonacci/Fib levels using Murrey Maths as the basis for baselines and Abonacci lengths. NB. No-one is more grateful for what Bobi has given and shared than me, however, we all need to be able to trade independently into the future, and to be successful traders we each must develop our own method and way. Every successful trader will tell you this is an absolute truth.
4. I use the 23.6 and 76.4 levels because they give me a better RR and show a clear break of the MM levels. Many have struggled with SL placement as Bobi was more than vague on it. So I trade the levels for entry, TP and SL that give me a near 1:2 RR.
Hope that clarifies.