Hi Guys,
I came across Mouteki Trading post today and just finished going through the study material. I haven't had change to go through the zillion posts as of yet so pardon me if I am repeating someone else.
Mouteki method is amazing however in my opinion this is nothing but like a classical "triangle" formation and we are trading on breakout of that triangle. As far as I know "Triangles" are not considered the safest way of trading as per classical analysis.
On the other hand I've never seen such a better way creating a pattern. Even if it is triangle breakout pattern it doesn't matter as long as it makes money for everyone.
I'll like to hear more thoughts on this.
Regards
The_One
I came across Mouteki Trading post today and just finished going through the study material. I haven't had change to go through the zillion posts as of yet so pardon me if I am repeating someone else.
Mouteki method is amazing however in my opinion this is nothing but like a classical "triangle" formation and we are trading on breakout of that triangle. As far as I know "Triangles" are not considered the safest way of trading as per classical analysis.
On the other hand I've never seen such a better way creating a pattern. Even if it is triangle breakout pattern it doesn't matter as long as it makes money for everyone.
I'll like to hear more thoughts on this.
Regards
The_One
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