3480 should hit at some point but i agree retracement is due we are still in an upmove on bigger tf

Spider's Den

we can expect 1.3720 to hit probably today or tomorrow... major trend still up

Spider's Den

lovely analysis as always T.. keep it going... 1.40 in sights from my end.. 1.36 support on longer tf.. i expect to make a new high before 1.37 gives way... though not much trading entry here for me...

Spider's Den

Hi Bobi... in the monthly calculators you used to post extreme bull and bear levels... are you able to post these for us for the E/U... or can these be found in the templates? thanks for your time

Are support and resistance levels predetermined?

bigger tf shows 1.42 in the cards... even 1.4450..

The Club!

nice so phase complete at 3694... Does 3440 have to hit also? as long as its within this month otherwise level is void.. 1.40 could be on the way looking at the monthly chart...

Are support and resistance levels predetermined?

I had 3575 as resistance... 3580 was probably more accurate.. it can go higher but at the moment i have 3540, 3530 (tougher)... then 3515 to break downside... tough support is 3470

Spider's Den

what number do you mean? news? because news means nothing... price is generally always factored in... if it wants to drop, it'll do it regardless... the up down spikes are just noise during news...

Spider's Den

hey T.. NFP was on FF calendar but its now disappeared.. its not listed for Friday either? ya buy the dips - as i say I have a 1.37 target and potentially more... my monthly chart says 1.42... but whether we get there is another thing.. FOMC also ...

Spider's Den

this is not a time to trade.. wait for 3520 for potential long... or 3620 for potential short.. both short term trades.. i have a target of 1.37 still... breaking 3518 will bring 3440 most probably... but its still all bs moves atm... NFP tomorrow

Spider's Den

Thanks bobi... If this is very accurate, does it come with sl rules? At the moment I guess we can expect 1.3659? Where should price not break below? Thanks

Are support and resistance levels predetermined?

Thanks Krishelis... Bobi states there is a reason for every move... if a journey fails then it reverts to another... journey failed on friday - which target has it reverted to? as far as I can see, 1.3440 is the next target but how can we tell that ...

Are support and resistance levels predetermined?

Hi Bobi.. So I have two questions... TF_103 broke 61.8% downside so we are looking for a 47 pip target... this brings us to 1.3514.... on template 3 - we didn't reach our target at 1.3650 at 76.4% or even 1.3695 at 100% on template 3 downside the ...

Are support and resistance levels predetermined?

Hi T.. great analysis 3519 on my chart is the breaking level so far held with the exception of overshoot... so i am looking for 3590 potentially 3616... this level shouldn't break imo otherwise look for 3440 area for bull strength

Spider's Den

follow this thread for now as bobi is active on it and is here to help with these... they are also more recent i presume than the ones i am used to... i havent got so much time at the moment to go through these new templates but i will hopefully ...

Are support and resistance levels predetermined?

the other thread i posted a link to was created by bobi... same style of system.. he has just introduced new templates in this thread.. and phase size for T4Y is 220

Are support and resistance levels predetermined?

hello...you can change the period for the template... otherwise here is the post that will give you all the files and instructions you need: url

Are support and resistance levels predetermined?

if you look on page 1 - bobi has posted an indicator which allows you to input base lines into the indicator and it'll create a template for you... follow his instructions.. works a charm

Are support and resistance levels predetermined?

Thank you bobi... I have become human again after learning your system as my attitude towards the markets are totally different now...

Are support and resistance levels predetermined?