Anyone see a short on the AUD/USD that formed 2 candles ago?
Looks like a possibiliby.
Auric
Looks like a possibiliby.
Auric
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 billparoliDislikedNitman,
On the previous page, you mentioned that Mr. Mouteki uses 61.8 fib for setting stop loss. What picture are you referring to?
Thanks,
BillIgnored
Quoting elkayloweDislikedMoutekitrader, does the news (post-news spikes) affect your trading style in any way?Ignored
Quoting wthomsenDislikedAfter reading the first chapter of Tom DeMark's The New Science of Technical Analysis, I do not feel it fit to term this method of trrading as the "Mouteki method".
The "mouteki" is merely a subset of the tools outlined in Tom DeMark's work, and actually excludes some of the finer details (mainly in helping to identify false breakouts).
Additionally, every tool involved with the setup (the lines, the price projection, the breakout, etc) are actually trademarked by DeMark himself as "TD Demand Line" or "TD Support Line" or "TD Price Projector" etc..
That said, I highly recommend everyone read the first chapter of this book, as it has both enlightened and finely tuned my understanding of this method.Ignored
Quoting nutmg12DislikedI deleted part of this post to keep this Thread on track.
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As Scott suggested earlier if anyone wants to discuss Tom Demarks book or any other book please start your own thread.
<o></o>
I don't think anyone meant any harm however keeping this thread on topic has already been discussed many times.
Hope all is well Mouteki. With just few posts I count you as one of my mentors and someone I need to buy a drink for someday. There are some great men in that club. (James, Dial, Fiji, and now Mouteki)
Joe<o></o>Ignored
Quoting wthomsenDislikedThis whole thread is a discussion of Tom DeMark's book. Just not everyone knows it.Ignored