I did not know that rule..... previously Bobi said in a video that the baseline should not break once 38.2% is broken - it should reach the 76.4% (3820) then eventually the 100% at 3860... this hasn't been happening very much in recent months but ...

Are support and resistance levels predetermined?

these ones here... 127 pip phase for T3.. 220 for T4

Are support and resistance levels predetermined?

we've hardly moved... i have targets upside... lets see if anything comes of it

The Club!

trendlines don't really mean anything in this kind of environment markus... its ranging horribly.. waiting for tomorrow FOMC...

The Club!

there is also 3860 on Template 3

Are support and resistance levels predetermined?

i missed the first 10 minutes but you know thats a very good webinar... more of those imo

Spider's Den

nice one T.. i am not working now until next year thank god... so may be able to make the webinar.. i would like to say that today would be a new high day... but i think it'll stall at 3820 for another retracement... range is horrible to trade... ...

Spider's Den

but you are also right... 3785 tough level

Spider's Den

nice call on 3775.. was watching this since last night.. still waiting for 3975 level.. 3820 may be temp top you inverted shampoo is targeting 3814

Spider's Den

true we can go lower as ABC... but this far high i even think we break the high a little bit then fall

Elliott Wave Trading

i would be careful with that 1.3832 high - i don't believe it is the high...

Elliott Wave Trading

First target is 3820.. Still looking for 3975.. We can fall as everything is overbought but as I said at 3832.. 3832 is not the top for this major cycle

Spider's Den

hi T... 1.3743 will reject more than likely if it does for some pips heading down to 1.3620... but my targets are still higher at 1.3975 minimum... 1.3665 is support for me

Spider's Den

thanks so much for doing these tables hollowhead... much appreciated... Does anyone have any baselines for GBPJPY? Its not long before year is up... but would be interesting to look at... cheers

Are support and resistance levels predetermined?

I used to think like this for a while... trading my own account... making 1000+ a day eventually... but you know many people aren't actually cut out for forex imo... I am one of them... you can learn the skills and the rules but you can't learn to ...

I trade my own account for a living. Tell your story

hi egkid.. congrats hope all is well... you still haven't lost it my friend --> 1.3950 3976 for me...

Spider's Den

1.3645 imo is very valid as its a gateway for bullish break to 1.3688 or a reversal down to new lows

Elliott Wave Trading

thanks hollowhead and thanks bobi for baseline

Are support and resistance levels predetermined?