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Anyone still trading Mouteki? 45 replies
Jumper's journal of Mouteki trading 74 replies
Mouteki Trading System 3 replies
Favourable pairs for Mouteki trading... 7 replies
Kalesh's journal of Mouteki Trading 25 replies
Quoting nutmg12DislikedWhat's GU?Ignored
Quoting kenari05Dislikedanyone has done analysis for GU?Ignored
Quoting smjonesDislikedSeekinglight,
A couple of things.. the trade is not over yet. Also, no method is perfect. Lets see what Monday holds... thanks scott
btw, I do not trade this method, but I do see the logic in it and it can be used with Jim's price action for confluences .. In my opinion.
Have a nice weekend,, ScottIgnored
Quoting SeekingLightDislikedHey Scott!
Yea, it's not over, I agree, but it would already have exceeded a 40 pip stop...okay, that would still be 3:1 R/R if we do end up down there and don't go any higher, just saying that the original .doc gives the impression that if a trade doesn't immediately go in the wanted direction, something's up. I guess one should keep stops pretty tight, because the trades that do deviate a lot exceed even tolerant S/L from what i've seen on some quick back checks....
But I'll come back to this system when I got more time on my hands, currently already busy learning as much as I can about James16 and having an eye for things / seeing the big picture
Anyway, I'm off to examine the dailies and weeklies now for price action setups =D
Gotta keep learning so one day the pips are churnin'!Ignored
Quoting SeekingLightDislikedHey Scott!
Yea, it's not over, I agree, but it would already have exceeded a 40 pip stop...okay, that would still be 3:1 R/R if we do end up down there and don't go any higher, just saying that the original .doc gives the impression that if a trade doesn't immediately go in the wanted direction, something's up. I guess one should keep stops pretty tight, because the trades that do deviate a lot exceed even tolerant S/L from what i've seen on some quick back checks....
But I'll come back to this system when I got more time on my hands, currently already busy learning as much as I can about James16 and having an eye for things / seeing the big picture
Anyway, I'm off to examine the dailies and weeklies now for price action setups =D
Gotta keep learning so one day the pips are churnin'!Ignored
Quoting nathanDislikedWell I have been back testing this in the year 2005. I am only up to August, but it just seems to work. I have had 20+ trades and only 3 of them went agaisnt me. If waited out it would eventually reverse and get to break even. Sometimes it only took a few days, but there was this one time it took like a week and you where in a 300 pip loss. But then it magically shot up and even meet the previous projected price. So good stuff here. Perhaps I will post my full year back test for you all to see. Still have 4 months to go.Ignored
Quoting ssteiner87DislikedDoes anyone else here see something crazy ready to happen to NZD/USD soon? Not only look at 4 hour charts but look at Daily chart too. (Not implying using Mouteki system on daily btw)Ignored
Quoting ssteiner87DislikedLook at the news this week for both US and NZ. There is much demand of cope PPI coming out strong, so IF there is a disappointment it could be significant. Couple that with the more than likely no rate increase decision on Wed., the dollar looks to weaken this week and possibly start a long term uptrend for the NZD/USD. It is about to break a seemingly important long term trend line at around .6651. I posted this in another thread too, but i'll post here also. If you look around March 4-5th of this year, you'll notice it was important for the kiwi to open a candle under the .6651 support line.Now here in September that line is the resistance and has recently been touched. So when this breaks my 4 Hour chart Supply line (THANKS MOUTEKI) i shall long kiwi.....let me know what you think.Ignored