The baseline for GBPUSD used in T4F is 1.6429 . Just look at the picture and find how price respected the levels and Abonacci rule.

Are support and resistance levels predetermined?

Hi No you can not calculate T4F with the T4Calculator. As T4Calculator was developed for monthly projection and new theory uses Annual range to project fib levels for next year. In new theory I have mixed many factors to produce baseline . Factors ...

Are support and resistance levels predetermined?

If you think the introduced templates are useful , Please let me know to upload some other useful templates. Regards

Are support and resistance levels predetermined?

Introduction of T4F template This template can be used to know when the trend is going to change and where will be the target? Its easy to understand and I have described in the pictures . The length of the phase is 220 pips . Its derived from T4Y ...

Are support and resistance levels predetermined?

I am just going to introduce a new concept. If you see , this kind of trading is introduced for the first time and it can be used also for day trading . There are just some temples that can be generated daily , but the rest can be generated monthly ...

Are support and resistance levels predetermined?

I have to go to the GYM. After GYM I will share an interesting template that will show you where trend is going to change . Its constant throughout the year too. The range is 220 pips and very promising.

Are support and resistance levels predetermined?

Calculation of the baseline is not a simple formula. Its a series of math works on complicated formulas resulted from entering HLC of the last year.

Are support and resistance levels predetermined?

Just look at the pictures . The base line color is PINK. for EUR/USD 2013, the baseline is 1.3117 and for GBP/USD 2013, the baseline is 1.6152.

Are support and resistance levels predetermined?

Yes they are valid. But the new calculation for templates are more accurate and can be used for any pairs.

Are support and resistance levels predetermined?

I see no violation on template 3 . Because we have no rule to say it is not allowed to break phase line 0% before hitting 76.4%. It can be another reason that we have to reach 1.3640 because template 3's target has not been hit so far.

Are support and resistance levels predetermined?

Thank you. Now I got what you mean. The template says any pis between 50% and 38.2% can be reversal point and if broken , then will hit the target. It does not say that 50% when broken should meet 38.2% and then reverse. But when I post some other ...

Are support and resistance levels predetermined?

Hi I did not get you exactly what you mean. Can you give me an example ?

Are support and resistance levels predetermined?

10 pips is enough to be said broken.

Are support and resistance levels predetermined?

Now , you can see why I posted in another thread why that is not an appropriate time to go short and we can expect EUR-USD to get bullish to reach 1.3640-47. to know why , just have a look at T5_594 again and know why TRADERS,BANKERS,... still are ...

Are support and resistance levels predetermined?

For your experience , I am posting T5_594 template for EUR/USD-2012 . Now you may realize better why in some special areas price is reversed and make retracement.

Are support and resistance levels predetermined?

If we want to trade only by using templates , yes . We have to have a long term view of the market and take decision depending upon other short and mid term templates.

Are support and resistance levels predetermined?

Introducing T5_594Another template that I am going to introduce is called T5_594. I use this template to find reversal areas. Try to focus on the concept then you may change all your ideas about market. According to T5_594 ,there are two reversal ...

Are support and resistance levels predetermined?

Hi In Abonacci System the concept of break is different that all other systems. Break means passing the level by X pips (depends on the template we are using). when price passes X pips from the appropriate level by any shape or in any time-frame ...

Are support and resistance levels predetermined?

The template is for long-term trading and is suitable for financial institutions or bankers or those who like to trade for mid or long-term. It is difficult to say what is the stop loss level if you are using only one template . to find the stop ...

Are support and resistance levels predetermined?

The baseline is determined by using HLC of the last year and some complicated math works on it. As I believe ,all movements on the world are related to one or some reference points. For those who like to design a system , the best way is to find a ...

Are support and resistance levels predetermined?