Mouteki Trading

Quoting ra300z

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Well since nobody has given me an explanation on what stop losses to use, I just multiply the delta by .618. I realize it's not very scientific, but it still has a great deal of risk. Perhaps a better way to identify a good stoploss is a good support/resistance level on the 4H.

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Quoting Horace Kent

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What pray tell, is the delta, and where does one find it?

PS: The stoploss method Mouteki has described is as follows:

If the projected profit (PP) is 90 pips or less, stoploss is 50% of PP

If the projected profit is more than 90 pips, stoploss is 33% of PP

I attach the document Mouteki released regarding stops.

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Quoting heriyadi

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Wait another 30 minutes, I should get a new bar in my H4 chart. I'll post the result in here.

Edited: Yap confirm sell tp 1.2392

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Quoting g-dogg

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ok im getting confused, buy or sell signal? at first you guys said, buy, now before it reaches its goal you say change sell??? can someone help a newb out?

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Quoting ART_1_

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in the metatrader platform you can find an indicator which is called "fractals". it will show you those candles which are important for mouteki trading.

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