Always wait for the opportune moment… just be careful not to miss it.
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 ziko123Dislikedthis is the same as the "reversal magic" system, there was a public thread on forex-tsd about it and has a document describing it and an mq4 indicator to detect the reversal point but this thread 'magically' moved to the subscription forum
Ignored
Quoting PeterFMDislikedMe again
Could you look at post 27 and give me your feedback, thanks. This was my response to your question in Post #28 -
Please explain in more detail by what you mean with " the lines you've drawn on the images above have similar set-ups within the originally marked areas."
WE appreciate YOUR input and look forward to seeing how our education develops.
PeterIgnored
Quoting spartanDislikedMoutekitrader,
I read your document and I'm really impressed with your trading method.
I really appreciate your generosity in sharing such a wonderful trading method with us.
With that said, I have a suggestion to people posting in this tread. I don't mean to be rude or anything but it looks like some people don't read the document well and fully before posting their questions.
This very same thing can be said about other threads, and I know I'm not totally "not guilty" though....I don't think it's fair to have the thread starter take his time answering your questions if those questions can be easily answered by taking your time reading the document and paying enough attention to it. Please keep that in mind, friends!Ignored
Quoting spartanDislikedMoutekitrader,
in regard to choosing points of support, you wrote in your doc:
True points of support are only those which low has two candles to the left of it and two candles to the right of it which lows do not exceed the low you are using.
Am I right if I think of it as the lowest lows among five succeeding bars and the lowest being in the middle?
I think I generally understand what you had in your document but I need a confirmation on that to make sure I get it right.
Thanks.Ignored
Quoting JodyOngDislikedThanks alot spartan. So if prices do not break above or below the supply or demand line, we'll have to keep redrawing the lines until the move reverses?
And if the move is trending very strongly, this method has no use?Ignored
Quoting BemacDislikedHi Folks,
I'm really just chipping in so i recieve email notification of new posts to this thread. There had been Zero Dnlds of the "Manual" yesterday when I dnlded it.
Congarts to Mouteki for > 1,000 views in < 12 hrs. Not Bad.
I know this is going to sound condescending and probably be taken the wrong way but it honestly isn't intended that way.
I love puppies, have 3 right now as a matter of fact and as soon as they see the leashes come out they know they're going for an offleash walk along the river bank. But do they walk? Of course not. They are all over the place dashing this way and darting that way, meanwhile I am calmly walking along some animal track that they will stay in some close proximity to.
They don't really know the destination but that's ok. I do.
Rather than going off on a dozen tangents which may be exacly right or diametrically wrong, why not be patient and let Mouteki explain it first.
Just from reading the posts here it's obvious that there are a bunch of charts already set up to Trade Mouteki as soon as the Markets re-open for the week. And that based on I THINK Mouteki means...
What about ALL that Reading you done about "Patience"? Did you think it was only about being Patient when reading about Patience?
Slow down and absorb.Ignored
Quoting divinefundDislikedHi Mouteki,
I have read the 4H trend line document and this thread with my clear observation. Its seem to me that this is a good strategy in determining the tren direction and the expected profit, based on supply and demand of the market.
My only question is about the openning bar of the monday market. When do you know the openning market as there are various markets or do you base on the first openning market hour from New Zealand or London market for currency pair GBPUSD?Ignored
Quoting weZDislikedThis is not the same as Michael Parsons "Reversal Magic". I know because I have read all his material. I tried applying his theories to forex and it just did not 'fit' right. The FX market seems too dynamically wild. The closest this methodolgy comes close to is perhaps his Balance Magic but projection points and the like are calculated completely differently. That said I feel the Mouteki Method is rather unique in it's approach but I did see some gray areas where it may be tricky to properly point out proper A and B points. But overall it seems like a very solid and disciplined way to tackle the FX market.Ignored
Quoting moutekitraderDislikedHmm... not sure about your question. What does the opening bar of the monday market have to do with anything. This is a dynamic approach, you are using what you have in front of you on the 4 hour chart. Does this answer your ?Ignored
Quoting divinefundDislikedSorry for the messy question and confusion. My point is to take GBPUSD as an example, when come Monday the first openning bar of the GBPUSD should be the key factor in determininng the projected profit if the price fall below/above the demand/supply trend ( draw on previous week ). The key issue is should I take the openning price on Monday base on the first openning price in the morning from New Zealand ( as they are the first to trade forex in the morning ) or should I wait for the openning session from London instead.Ignored