Abonacci System -Most accurate system ever seen

You have always heard about Fibonacci . But in this new topic I will describe new system which will make you have prediction of EUR/USD . This system only works for EUR/USD , OIL , DOWJ . Its formula based . You can download Abonacci (Future Fibonacci) for eur/usd and be surprised about that. These templates are only for EUR/USD http://www.4shared.com/file/3FmVvx9V...10_power3.html you can duplicate phases .A Phase is 0% to 100% levels of Fibonacci drawn in the chart. This link is also for current month . (SEP 2010) http://www.4shared.com/file/2kTHq_PU...10_power3.html In this system , all fibonacci levels which are drawn are constant until end of the month. If %38.2 of fibonacci levels are broken from downside , then it will meet 100%. each 0-100 % is called a phase and if in a month 2.38 of phases are passed then that month is an uptrend and trend will not be reversed and will get to 4th phase . The thing which is very important is that , the Abonacci system is not related to the past and only is calculated from last range of previous month and there is no reference for 0% or 100% . to find 0% , a big calculation is done and then phases are duplicated . Each month has its own range for phases . sometimes its 122 pips or less and sometimes its 158 pips and is caused from last month's range . To find breaking points do as follow:

Current Phase Reversal Point

1st Step:

2nd Step:

3rd Step:

Please download the video learning file at http://www.4shared.com/file/SguDHmMc..._Steps1-3.html The best reversal point is 38.2 of the white fibonacci drawn resulted from Step3; For example I sold euro at 1.3018 and my SL =1.3033 and my TP=1.2955 as price came below 50% of blue fib (1.3007) in the beginning time of the new day . You can see also reflection of price to each levels. How do you think about that? you can do the same procedure for all other phases . do the same for last day and be surprised as I did yesterday and my stoploss was only 5 pips .

It is the best for 15 MIN. But it works for all time fames as it works with price and just needs some knowledge about fibonacci trading . I never use any indicator and my max stop loss is 30 pips and TP is normally 100 pips.But mostly stoploss is 5 pips. Just you need to work with this system for some days the you will get how to enter the market . The very important thing is that , this system and all phases and fibo levels are constant and will not be changed until end of the month and in the beginning of the next month every thing is changed and new phases will be created . Please be considered that its a new concept in trading and I found out that no support and resistance levels in the past are valid and new support and resistance levels are created in the beginning minutes of first day of each month . you can download Abonacci Pivot calculator at http://www.4shared.com/file/fKcdKFDZ/AbonacciPivot.html Its free. You can join me in FaceBook to get new posts. Any post that is useful I will post it there and you can get in news feed. As in this thread many things are coming , so select the best ones and post it in facebook also . So it will be clear to read coming posts clearly and most helpful. You can find me in facebook by searching Bobi.Abonacci@gmail.com

Sep 22, 2010 5:27pm (14 hr ago) Quote:

Originally Posted by liberty71 kindly reveal the formular for calculating the template...to reduce repeated questions from readers and to also enable us do it based on our diffrent brokers You can download Abonacci indicator to draw Phases at http://www.4shared.com/file/4vKVMJ4Z/_Aboonacci.html And believe it or not , the formula is not a line or 10 lines . Its a procedure that should be done and its done by my software I have developed and for development of this software I spent more that 3 years and thousands of lines are written in c# . its a property and can not be revealed . You can take your positions in any broker . Just close of day I recommend to get it from USA market close time

HIGH REVERSAL POINT

Sep 16, 2010 2:08am
New Fibonacci - 2 PIP is much to say its broken

Hello everyone , I hope all had a good and successful day . I think those who are familiar to Fibonacci , they got what the system (Abonacci) says. I had spent lot of times just to find a way to realize the behaviour of the market . I liked to know recalcitrancy of market and reason . I read a lot of books about technical analysis . The more reading , the more I was getting far a way from that . I asked myself if indicators are good why they are failing ? What is the reason that Pivot point formula is not answering in prediction ?! For example , why today market was stopped at 1.3036 ?!!

Why we can not say that if 2 pip is passed a price level , we do not say that a breaking is happend ?!! I found answers of some of my questions and many are still unanswered . But the thing that I found is that each market has a unique wave length and we should find that formula . I have found those formula for EUR/USD , GBP/USD , OIL , DOWJNZ . The result of that wave length which is very complicated , is what I am describing in these topics and what I tried to share . But if you like to be successful in this business , I think one indicator is enough and that is Fibonacci. Now I am going to introduce you another way to predict the market with exact level of breaking up level. Draw a fibonacci from 50% of higher phase to 50% level of blue fibonacci resulted from 1st step (Please refer to http://www.forexfactory.com/showthread.php?t=255974 to learn how to draw these levels if you are new )

The price is stopped at 38.2 % . Yesterday I showed a way to find the best level down reversal . Now that is the best High reversal and if this level is broken the price will go higher and alerts the signal getting to 1.3118. Please take notice : All those reversal points ( support & resistance ) are generated in the first day of the month and just it is getting to these levels and its not related to past support and resistances !!!!

Close Reversal Sentiment

If you want to enter the market in an appropriate time and level , you should take many considerations into account . Another Fibonacci that can help to identify the reversal is shown in the picture . Draw a fibonacci from High Reversal line to 38.2% of lower blue fibonacci produced from

step2. (Please refer to Page 1 to learn how to) . This new fibonacci is called Closing Reversal Fibonacci As closing price is higher than 76.4% of this new fibonacci level so there is a sentiment for the price to be reversed at 61.8% of new fibonacci . If the price is below 76.4% then goes to 61.8% .

Sep 19, 2010 8:39pm Quote:

Originally Posted by vanderpjer Aebab, thanks for your contribution so far. You got my full attention with your predictions which came true so far. I want to understand more about the background from which phases are calculated. However, it's your own privilege to keep this process for yourself. But, if you disclose it once, we'd be able to understand it thoroughly. There's one more thing I am very curious about. Since EURUSD isn't the only pair I'm trading, I wonder how difficult for you it is to calculate phases for other pairs? If it's not taking a lot of your efforts...

Thanks for your interest . To talk about the background its very complicated as I am watching this market from other side . I supposed this market and each pair as a human (its better to say as an entity) . From that view I started to interpret its behavior. I found out that its steps of moving is constant and never changes . To say better and clear , suppose a man is moving . each step is taken 0.5 a meter . This man never runs,never slows down , never goes fast and technically its wavelength is constant . I realized that previous candles are not important .Price is moving based on last month's high,low,close and daily ranges only are playing a role of pressure to get to its targets .Many things changed to me . I changed Pivot point as I found there is problem in it and it took around 4 months to find new formula .Its very complicated and very difficult to explain because I have to explain many things that are new concepts in trading and I

know lot of traders will controvert . I am in the half way and I hope I can go further. Mostly I am trading EUR/USD and OIL and I prefer to become expert in a pair because our job is pip collecting and I say its better to work in one or two pairs and this way you can control your account better . I will try to let you know more about the background of calculation in future specially when you get confident on it and you can guess its behavior .

Sep 19, 2010 11:26pm Analysis of market (EUR/USD)on Sep 17th

On Thursday price breaks 38.2 of 3rd Phase (1.3073) So we expected to reach 1.3151 (Please update your template as I made a mistake during duplication and 0% was not overlapped in some phases . Because during duplication 0% of each phase should be overlapped exactly on 100% of previous phase and a trader informed me by email and I appreciate him now its corrected ). As the price is getting to top of Phase 4 , we expect a reversal to happen as I posted before happening. You can sell in 100% level of Phase 4 and put you stop loss higher than 38.2 of 5th Phase (1.3200). On Friday , when the market comes down it reaches to 0% level of phase 4 and stopped there and tries to be reversed and it encounters a resistance in 1.3295. To find this resistance go to a new window and apply Abonacci Break Out Template . Draw a fibonacci from 76.4 to 23.6 level of that current Phase .You see that a good resistance is appeared on new fibonacci (23.6 % of new fibonacci) . If market want to go down this level (23.6% or 38.2% ) should not be broken and if you go short here , your stop loss should be higher than 1.3108. The advantage of Abonacci trading is its supports and resistances that are constant up to end of the month . So if you find a support or resistance level , you can rely on it up to end of the month . Also you can find these supports and resistances before they be created because its a rule based system and in other systems you should always watch the chart in the past to find supports and resistances . But in Abonacci system you know main supports and resistances before they happen and their fixity is a big advantage . Its a new concept in trading .

Sep 22, 2010 1:57am (29 hr ago)

aebab, I think this might be a bug in your calculator. The High Breakout 1 number and the Target are the same. I "think" I entered the correct prices. Thanks

Quote:

Originally Posted by billbss aebab, I think this might be a bug in your calculator. The High Breakout 1 number and the Target are the same. I "think" I entered the correct prices. Thanks

Hi, No thats not . It has meaning. Says its a main resistance and should not be broken. If broken , should take a long order.
Sep 22, 2010 2:50am (29 hr ago) Quote:

Originally Posted by Jeg Hello I have been following your thread and it looks promising, but after studying and following the rules I found this market reaction: First down arrow: price goes bellow white 38.2% which indicated a probable reversal? Second up arrow: we go back up the 38.2% yellow fibo indicating that it could reach again higher levels like 76.4% or 100% as indicated before by "krishelis".

My question is what should be the analysis after the price when lower the white 38.2%(first arrow), was that a valid breakdown? If it was, what would be the confirmation?...

Please pay attention to each day . Whatever you pay your time , you can easily interpret more . Even me , as the system developer need paying time . Yesterday market did not go up and I believed that it could not break the highest price and it did not do that . Because the price came below 23.6% of white fibonacci . But today the market could break up as the price could not come below white Fibonacci level or Yellow one. Was it useful ?
Sep 23, 2010 12:32am (7 hr ago) Quote:

Originally Posted by SkyzerFX In that new !Abbonachi indicator there is Property "Base Level" = 1.2645 Where this number came from? And why 1.2645 and not something else? Thanks. After many calculations in range of the month and also finding the frequency of EUR/USD and base number which is 7 for eur/usd , and many factors taken into account , my software gives a base number and then duplication will be started . In the beginning of next month I will provide more information for this pair . As far as we proceed many new concept will be unfolded in trading. If traders can learn this two templates and become master in that , some other templates will become ready and updates of software also will be available. Regards

Sep 23, 2010 3:10am (5 hr ago)

Hi,
Quote:

Originally Posted by liberty71 abeab are we to use close of the day or highest?....i saw in your post that you used highest of the day to do the last calculation...i tot it was supposed to be the close of the day From what I've understood so far, the calculator will help us with predictions of levels and sentiment of the market. Having said that, you could pick up a price that you identify as key level. For example: pick the highest price of *current* day ( you suppose this because it has not broken 38.2 level of a new phase, see the example of aebab on post 271 ) and make a calculation on what was going on that moment.

Besides, you could pick up the close of the day or even after NY close, as after NY close there are NOT usually big moves, for make a prediction for the new day. For example, I took the daily close (GoMarkets , GMT+2 during summer), which is 1.3399 and he Monthly value is 1.3340 . PS: It doesn't really bother me if FXPRO or GoMarkets or whatsoever.. the key is AFTER NY close and price is ranging.

Attached the screenshot. - we have a pivot at 1.3389 - a resistance at 1.3402 ( High Break out 1 and Target ) - a high breakout level 1.3428 - a Montly sentiment at 1.3370 Imho, the key level is 1.3402, if broken we'll go up to 1.3428 and then (if broken) to 1.3474 (Break out 2). If 1.3402 is broken, and in case of retracement, this is not going below 1.3355 that will act as big resistance and give us a good buy opportunity. If you feel bearish, (as I am at the moment) , you should sell around 1.34 and place your stop loss 10 pips above 1.3428 (breakout level). Anyway, I think this system is designed for London and NY open hours. So, wait for London open before start trading and do your calculation. This is not the crystal ball but has great potential. Hope that helps. Many pips, Indiana

Quote:

Originally Posted by krishelis Best system I have ever seen. I hope in future will be EA and indicators that will automatically calculate every month phases and etc. It would be great if you will post where we should look next when some fibo line is broken( i know, you posted some examples). example: white fibo line ??% is broken next we look at blue fibo ??% But really big thanks. P.S. If blue fibo 38.2% has been broken from below, where price will stop? at fibo blue 100% ? I just understand, that yellow fibo is strongest ? and then white? and blue shows what? Yellow lines are the most important lines . But along with blue and white lines you can enter the market . But for priority if you are a day trader , 1- Find reversal points (High and Low) 2- Yellow Lines are very important . 3- Take looking at white Fibo lines . 4- After becoming expert at this template go to next template which is more accurate for

break outs. In future I will post more templates for different strategy .But I let you become familiar with the system to stop confusing. Have a great trade Live with trading and never trade with your life

Sep 23, 2010 8:50am (19 min ago)

Morning. I have this right now above 1.3405 go long for 1.3478? And below 1.3357 go short for 1.3309? By the way, do we look the close on the 15 minute bar or 1 hour? 4 hour?

Sep 22, 2010 4:25am (27 hr ago yesterday Break out prediction by software

How is your opinion ? Only with 2 variables , prediction so accurate . Do you now believe that market can be traded without indicators? Try to enter 100% phase (1.3151) level to see what should be done and what breakout level is . You will be amazed if you see the results!

Sep 22, 2010 4:47am (27 hr ago) Phase Break out

Just look out the software and see how easy you can interpret any phase. Please be noted that the software that I have provided here is extracted from my main software that I have developed . Steps probably are little different . Sometimes you may see 2 or 3 pips different in actual .

Sep 22, 2010 2:52pm (17 hr ago What Software Predicted today?

Please study the pictures carefully and try to do it yourself and get involved just for one day and see the results. Those traders that were asking for real time prediction and entry signals can get it from this software. For your information : Last day close =1.3262 (USA MARKET TIME TAKEN FROM FXPRO.COM METATRADER) Current Phase 50% Level=1.3216 When calculation is done with this information , You get 1.3357 "Making new Monthly High" , enter it in close and in monthly value , as 1.3357 is in new phase so find monthly value from its 50% level in that new phase (Phase number 6 UP) which is 1.3343 and make new calculation and find new signals.

How to put you stop loss in the beginning of market if you go short? Quote:

Originally Posted by fxsense Hi Aebab, I tried going short @ 3404 twice with 7 pips stoploss. Both the time my stoploss was hit to the pip and price the moved down. Now I see price going down (@3368 at present) as expected. Just wanted to know what could be the best place to put stoploss in this situation. The Price is so close to top of the phase . Other side High Break Out1 and Target are the same . Why don't you watch high break out? follow the picture to find out how to put your stop loss .

Rules:
1-A Phase is 0% to 100% levels of Fibonacci drawn in the chart in Abonacci Phase Template.And Base Line is a thick line which is 0% level of starting phase in the first day of current month. 2-If each 38.2% of each phase is broken from downside , then price should meet 100% of that level. 3- The best current phase reversal point is 38.2% level of white Fibonacci (Step3) 4-If 50% level of Break Out Template is broken from up or downside , it should meet the referenced level (0% or 100% ). If breaking from downside toward up , it should meet 100% level of that Fibonacci indicator and if breaking from upside ,it should meet 0% level of that Fibonacci indicator. 5-When 100% level of Break Out Template is passed , price should not go back to its 50% level and pass it . If goes back and passes 50% , then it should reach to 0% 6- For Break Out Template if 38 pips has passed from 0% or 100% levels then it can be said BROKEN. 7-If price goes 302 pips away from Base Line in Abonacci Phase Template , then trend will be in that way . For example if price goes high away from Base Line , then you can say that month is still UPTREND and vice versa .In that case price will reach to 3th phase and if passes 23.6% of 4th phase , it will reach to 100% level of 4 th phase. But if price goes away 429 pips from base line , then it has no power to be reversed and break its opposite direction. 8-If a High Reversal point of each phase is broken , then price should not go down 157 pips away from High Reversal Point . If happens then a good reversal is happening and that high reversal should not be broken again and price will go down for at least one more phase downside in pips. And if goes more than one phase a way , then trend is changed and cannot be reversed and break High Reversal again.