I am struggling with the interpretation of rules 3 & 4 for template 3 taken from the web site (quoted below) - can anyone add clarity here - thx 3- If high reversal is broken than price should not come back down below 157 pips however if price does ...

Aboonacci System - for EUR/USD prediction

Actually, the rules ARE much clearer on the web site - for those who are struggling with the interpretation, I would suggest having a look there. I will start posting trades based on my interpretation of these soon as per DrLobo's suggestion.

Aboonacci System - for EUR/USD prediction

though i believe that there might be some credit in the system (as is in Fibonacci) having two templates plus the calculator, and hence so many resulting levels creates valid arguments in favor, as well as against any move that you can think of - ...

Aboonacci System - for EUR/USD prediction

Thanks.

Nanningbob 4h trading system ver. 5.0

Hi folks. New to this forum, but I hv been through older posts and feel that I am ready to take a test drive. Can someone tell me where to download v 6 set of files. With the v 5, Do I need to install v 5.2 then update with 5.3 updates? Thanks

Nanningbob 4h trading system ver. 5.0

yeah, i think thats another sensible approach

Aboonacci System - for EUR/USD prediction

actually, i wouldn't go that far. considering that there are only limited opportunities in a day and the rules hold majority of the times, a one off 10 pip loss is acceptable. If you look at the past history, the 38-76 and 61-23 work quite well. the ...

Aboonacci System - for EUR/USD prediction

spot on.

Aboonacci System - for EUR/USD prediction

Neither would I - I was replying to LOLCAT's quote: "from what i ve noticed so far 38-76 and 61 23 numbers you can be precise to the pip,white 38 its good to have some confirmation...the trades i take are around 20-25 pips,not much but i cant ...

Aboonacci System - for EUR/USD prediction

somewhere in the docs, i remember having seen something about the stop loss of 10 pips max being sufficient if we follow the rules...

Aboonacci System - for EUR/USD prediction

common sense does not apply - we are talking strictly Bobi's rules interpretation here. As far as the trend goes, depends upon what timeframe you are looking at.

Aboonacci System - for EUR/USD prediction

price crossed below 61.8 by more than 10 pipis - so following the 61 - 23 rule one would have shorted with a 10 pip stop loss - that would have been taken out. check the chart. I guess, the 61 - 23 rule is not sacrosan - price is above 76lvl again

Aboonacci System - for EUR/USD prediction

61-23 bounced back up from 50 - so a 10 pip stop would have been taken out -

Aboonacci System - for EUR/USD prediction

not really - its the area between R2 & R3 (daily SR's). it will be a tough act going past R3 in a straight line -

EURUSD

yeah. looks like it might get up to 4240 or even 4270 area before retracing some

EURUSD

good one

AUD/USD

that may be part of the problem - there's a general perception that rba has kept the economy going, and rba has taken this sentiment as a blank check to do whatever they like. good economy (for some sects) is not rba's doing, but the net effect of ...

AUD/USD

seems like this guy glen stevens with his bunch of ninicompoops has gone off the rocker. very narrow view of the economy - seems like underlying inflation is the only formula he knows - total disregard for other socio economic factors. todays rise ...

AUD/USD

Hey Bobi - didn't mean to take anything away from you. You seem to have developed a system thats working for you and lots of folks here - and you deserve kudos for that. However, going through the forum and having taken a brief look through the ...

Aboonacci System - for EUR/USD prediction

I think some folks here are getting may be a tiny bit too carried away with this calculator thingy. Take a step back and look at traditional SR and Fib levels - e.g. 1.3995 is 76.8% fib on the H4 and very close to monthly R1. Similarly, this ...

Aboonacci System - for EUR/USD prediction