Indicators show the past. Price Action "Indicates" the future.
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
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 monoDislikedI think if you look at diallist post, all the answers will be revealed.Ignored
Quoting ThebigmoDislikedI posted this but till now got no answer which is confusing me:
Could someone please check slide 24 in the powerpoint presentation and tell me why he did not draw a vertical line through the blue candle with the highest peak to determine the intersection point with the demand trend line. But instead uses the red candle after the blue one to determine the intersection point. He does that often in the slide show.
<!-- / message -->In fact if you compare powerpoint slide 24 with 40 you will see that he uses different candles to find intersection point.Ignored
Quoting minuteDislikedNo. In this system trendlines are drawn from right to left connecting 2 points.
the first point would be on the right of the chart.
the second point would be on the left.
A point 14 candles from the second point, starting from the second point.
14 candles from the second point in a rightwards direction is another valid point.Ignored
Quoting jarrooDislikedDiallist's post is a good point indeed. (All of diallist's post are great, have you ever read a bad post from diallist? I didn't think so. )
Thebigmo (and I) just want to know if there was some rule or step that we missed. If its just an error, fine : lets move on.
JimIgnored
Quoting ThebigmoDislikedIn this congested forum, finding a specific post is like winning a lottery.Ignored
Quoting jarrooDislikedI think mono was referring to post#483. Which had nothing to do with your question bigmo. We just want to know if we are following the rules correctly.
Am I right bigmo?
JimIgnored
Quoting downunderdave40DislikedHere is a nice Fractal Indicator for those of you interested in using it. You can adjust the number of candles to the left and to the right of the swing high or swing low. I believe it is set to 2 candles so it works fine with the Mouteki method.Ignored
Quoting carmelDislikedAnyone else take this short trade?Ignored
Quoting trevwestDislikedI am short in demo... cluttered chart but you can see trendline... well if my pic gets attached anyway....
TrevIgnored
Quoting hardspaceDislikedhi all,
first of all i want to thanks mouteki for the great sharing method and all of people here for the great contributions..
as a newbie here i really apreciate it.
after studying the method, i a bit confused on how to decide which line i'm gonna use (the demand line or the supply line?) if that 2 line is coincidence can be draw (from right to left, right?)in the same time, is that any special rule for that situation? or should i wait on which line the open will happen for the following next bar..
thanx for the answer frds..Ignored
Quoting trevwestDislikedwell heres my chart. I think its still a valid trade... got a little pinbar action... but according to the method in this thread, have to have two higher lows on each side of your trend point... which is not the case on my chart... of course your chart may differ....
TrevIgnored