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Mouteki Trading

  • #2,781
  • Oct 4, 2006 7:47am Oct 4, 2006 7:47am
Quoting llambert3
I wonder if a LONG candle that produces a break could be false. It appears on the eur/jpy charts real signals were small candles, while long ones were followed by opposite candles. usd/jpy and eur/jpy did this yesterday on the false sells. Not sure it means anything though. Probably not, just a recent observation. I don't think it applies to big movers anyway like gbp/usd and gbp/jpy
In Mouteki's examples, I think there were quite a few trades that played out very well from long candles too... or maybe Mouteki works best in July... check this out next year.
I am JuMPeR.
  • #2,782
  • Oct 4, 2006 7:48am Oct 4, 2006 7:48am
Quoting Carlos
Angler, your correct in saying to keep it simple... the hidden divergence trade i was talking about VERY early this morning, was a stand alone trade and was not a Mouteki trade... i was just sharing my ideas and my possible set ups and trades on the GBP....

Happy trading...

Sadly i cancelled my sell limit at 1.8871 which would have just ben filled and entered a short at 1.8821... i have now trailed my stop to 1.8833 to cut the risk... this could go further down with the fundamentals due today, or it might now bounce and move back to 1.9000.. hence an appropriate time to cut my risk and trail behind 15 min structure.

Cheers Charlie
And I posted the hidden divergence setup because I thought someone was asking for them. *roll eyes*

And now this signal, zzz...
Attached Image
I am JuMPeR.
  • #2,783
  • Oct 4, 2006 7:51am Oct 4, 2006 7:51am
And sigh, will this fail or succeed?
Attached Image
I am JuMPeR.
  • #2,784
  • Oct 4, 2006 7:51am Oct 4, 2006 7:51am
Given the picture below:

http://img9.picsplace.to/img9/21/question.png

Candles A and B have exactly the same High. Is candle B still considered a valid TL point?
  • #2,785
  • Oct 4, 2006 7:53am Oct 4, 2006 7:53am
Quoting Uphios
GBPCAD from 90 pips profit to 10 in very short order. May be a bit premature on this one. SL at b/e.
That is so very sick, I feel indignant on your behalf!
I am JuMPeR.
  • #2,786
  • Oct 4, 2006 8:00am Oct 4, 2006 8:00am
Quoting jumper
And sigh, will this fail or succeed?
After studied them carefully, I am not in as it is near the supply and demand line, there will be lots of fighting between bull n bear group.
  • #2,787
  • Oct 4, 2006 8:03am Oct 4, 2006 8:03am
Quoting turin0107
After studied them carefully, I am not in as it is near the supply and demand line, there will be lots of fighting between bull n bear group.
I initially thought so too, but I have seen other similar cases which played out extremely well.

I am not in this myself, though I am sucking my thumb over the cable short I hurriedly entered before rushing off to do something else.
I am JuMPeR.
  • #2,788
  • Oct 4, 2006 8:04am Oct 4, 2006 8:04am
Quoting wallym
Given the picture below:

http://img9.picsplace.to/img9/21/question.png

Candles A and B have exactly the same High. Is candle B still considered a valid TL point?
Take a note at formations like these. This is a twin top with a lower close than candle before. B bar close is lower as A bar close and the high is the same. Price can go down if this occurs.
  • #2,789
  • Oct 4, 2006 8:08am Oct 4, 2006 8:08am
hi...


Ok guys....I miss understood what you were doing with the hidden divergence stuff...no worries...

I was looking at the charts last night and today...it sounds obvious but I am thinking before we take a trade to make sure there was not a much better Entry a bit earlier on the charts....as sometimes we can be getting in when the price movement is over...we were just to late in getting most of the movement.
  • #2,790
  • Edited 8:09am Oct 4, 2006 8:08am | Edited 8:09am
Quoting Ricx
Mine just opens... >.< since its demo accout i have nothing to worry about i take the pill, but... i wonder is this ok i worries about price exhoustion...

*

http://img214.imageshack.us/img214/3834/pic2no0.gif
*

pulled out with 10pips profit ugh i hate my bad habit when news around

i have this tendency to get out a trade when news comming. Is there anything to convience me to stay on this even in news days
  • #2,791
  • Oct 4, 2006 8:09am Oct 4, 2006 8:09am
Quoting jumper
I initially thought so too, but I have seen other similar cases which played out extremely well.

I am not in this myself, though I am sucking my thumb over the cable short I hurriedly entered before rushing off to do something else.
Except his demand line is not true yet. The current candle hasn't closed. Of course, I'm in.
  • #2,792
  • Oct 4, 2006 8:10am Oct 4, 2006 8:10am
Quoting Ricx
pulled out with 10pips profit ugh i hate my bad habit when news around
i have this tendency to get out a trade when news comming. Is there anything to convience me to stay on this even if news days
There's nothing wrong staying out of news time really. So many people prefer it this way.
I am JuMPeR.
  • #2,793
  • Oct 4, 2006 8:11am Oct 4, 2006 8:11am
Quoting Angler
hi...


Ok guys....I miss understood what you were doing with the hidden divergence stuff...no worries...

I was looking at the charts last night and today...it sounds obvious but I am thinking before we take a trade to make sure there was not a much better Entry a bit earlier on the charts....as sometimes we can be getting in when the price movement is over...we were just to late in getting most of the movement.
it's all about timing, and time has never been a good friend of mine
  • #2,794
  • Oct 4, 2006 8:11am Oct 4, 2006 8:11am
Quoting Angler
hi...


Ok guys....I miss understood what you were doing with the hidden divergence stuff...no worries...

I was looking at the charts last night and today...it sounds obvious but I am thinking before we take a trade to make sure there was not a much better Entry a bit earlier on the charts....as sometimes we can be getting in when the price movement is over...we were just to late in getting most of the movement.
*Jumper slaps Angler with a trout*
I am JuMPeR.
  • #2,795
  • Oct 4, 2006 8:12am Oct 4, 2006 8:12am
I would have taken that USD/CHF trade. 1.2515 right now.
  • #2,796
  • Oct 4, 2006 8:13am Oct 4, 2006 8:13am
Quoting Narc
it's all about timing, and time has never been a good friend of mine
Don't worry too much about time, Narc. After all, you are the beloved of God.
I am JuMPeR.
  • #2,797
  • Oct 4, 2006 8:15am Oct 4, 2006 8:15am
Quoting Pipkingdom
I would have taken that USD/CHF trade. 1.2515 right now.
The world should have been a better place.
I am JuMPeR.
  • #2,798
  • Oct 4, 2006 8:19am Oct 4, 2006 8:19am
hi...


Hey...whats this trout thing.....did I say something stupid...if I did just add it to my list of stupid comments...hahah
  • #2,799
  • Oct 4, 2006 8:24am Oct 4, 2006 8:24am
Quoting jumper
There's nothing wrong staying out of news time really. So many people prefer it this way.
aha jumper i assume u have booked 10 pips profit rite is yours hit yet? i think if mine doesnt hit yet i would prefer to hold it maybe it moves south after ben talk somethin good, what do u think
  • #2,800
  • Oct 4, 2006 8:25am Oct 4, 2006 8:25am
Quoting Angler
hi...


Hey...whats this trout thing.....did I say something stupid...if I did just add it to my list of stupid comments...hahah
Timeline

 - Someone asked for hidden divergence setup
- Jumper helped post it
- Angler accused him of messing up Mouteki thread
- Jumper clarified why he posted it
- Angler conceded it was a misunderstanding
- Jumper said no worries with a "slapping with a trout" remark
- Angler didn't understand why he was hit with a fish
- Jumper is now explaining

I am JuMPeR.
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