I fully agree with the statement "You can not solely base your trades by just looking at the numbers and pull the trigger" and I know about drawing S&R lines. I use a line chart for that in addition to watching bar patterns that identify natural S&R ...

Aboonacci System - for EUR/USD prediction

Same numbers I have. So, you're looking to go short at 1.3604?

Aboonacci System - for EUR/USD prediction

Yes.

Aboonacci System - for EUR/USD prediction

Thank YOU for taking the time out to answer my question. I appreciate it. I understand pretty much about the entries as far as the two templates go. I'm still not clear on how to use the new calculator or the SL. Bobi said his max SL is 30 pips and ...

Aboonacci System - for EUR/USD prediction

So... price entered a new phase and broke 38.2% from the downside. We "assume" now that price will reach 100% of its phase. Where are you guys placing your SL? Do you place it at the baseline which in this case would give you around a 50 pip SL?

Aboonacci System - for EUR/USD prediction

N/M

Aboonacci System - for EUR/USD prediction

Thanks Nelton but I'm referring to the 50% breakout template.. not the Abonacci Phase Template.

Aboonacci System - for EUR/USD prediction

Breakout Template... — Does anyone have an updated breakout template showing higher phases?

Aboonacci System - for EUR/USD prediction

I see what you mean. My long entry was based on the breakout template. In any case, SL has been moved to BE with a target of 3515.

Aboonacci System - for EUR/USD prediction

Interesting as I did the opposite. I entered a long at 3452 with a SL @ 3422.

Aboonacci System - for EUR/USD prediction

They mentioned that if there is enough interest, they will be around during Asian session. There was one day when we were looking for trading opps during Asian session but it was very slow and no trades were taken during that time.

Price Action System 1min charts

Thanks for the link. I had some interesting conversations with the guys and even took a couple of quick profitable trades.

Price Action System 1min charts

According to your numbers, long should have been taken at 3329? Where would the SL be placed?

Aboonacci System - for EUR/USD prediction

You seem to be trading this system a bit differently? Aebab said his max stop is 30 pips but often 5 pips. Your stop is about 50 pips. Also, you said 38.2 is broken. I thought entry for the "break" of 38.2 is 3335?

Aboonacci System - for EUR/USD prediction

Yes, same numbers here.

Aboonacci System - for EUR/USD prediction

"Break" of 3322 means a buy at 3329 (3322 +7 pips) or a buy at any price over 3322 (ie 3323) ?

Aboonacci System - for EUR/USD prediction

I agree. So far.... are we looking to go long when we get a breakout of the 38.2 level? Do we look for a break down of 61.8 when going short? I'm guessing (since the rules haven't been clearly set) that you went short at 23.6 level and placed your ...

Aboonacci System - for EUR/USD prediction

40 minutes ago? I was in at that time too but the only one there. The message read "Welcome to NomantisFX Chat BJ1. We will be here on Friday September 17 from 8:00am to 12:00pm EST."

Price Action System 1min charts

I logged in today at 7:45am est and no one was there.

Price Action System 1min charts

Is this chat room still active?

Price Action System 1min charts