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How do you determine

  • #1
  • First Post: Oct 5, 2006 3:20am Oct 5, 2006 3:20am
Hello all,

First of all many thanks to Mouteki trader for sharing such system
I was reading the method but I think I am totally confused,

I have following questions:

1. How do you determine supply/demand curves? is it simply trendlines?

2. What is projection? is it fib projection? how to apply correctly?

3. I see blue lines, what do these lines indicate
see also attached image
thanks
Attached Image
  • #2
  • Oct 5, 2006 3:34am Oct 5, 2006 3:34am
Read the sticky's at the top of the room they explain the system...
  • #3
  • Oct 5, 2006 3:37am Oct 5, 2006 3:37am
Quoting FiboFan
Read the sticky's at the top of the room they explain the system...
thanks,
This is what I am doing now and seems I understood everything
It seems easy to understand
thanks
  • #4
  • Oct 5, 2006 3:49am Oct 5, 2006 3:49am
Can anyone confirm or declien my understanding?

1. You find the point when you can plott trendline
2. You find the highest high/lowest low between these two points
3. You place horisontal and vertical lines on this highest high/lowest low, then you take into consideration the point when this vertical line intersects demand/supply line.
4. This intersection is entry point
5. You wait when candle opens above/below the demand/supply line
6. You place profit target according to fib projection

Did I understand correctly?
thanks
  • #5
  • Oct 5, 2006 5:51am Oct 5, 2006 5:51am
Check the Mouteki Material in this forum for the setup, there is docs and powerpoint presentations.
  • #6
  • Oct 5, 2006 6:27am Oct 5, 2006 6:27am
Quoting nini
Can anyone confirm or declien my understanding?

1. You find the point when you can plott trendline
2. You find the highest high/lowest low between these two points
3. You place horisontal and vertical lines on this highest high/lowest low, then you take into consideration the point when this vertical line intersects demand/supply line.
4. This intersection is entry point
5. You wait when candle opens above/below the demand/supply line
6. You place profit target according to fib projection

Did I understand correctly?
thanks
Nini, if you really want to follow this system, I suggest you read the documentations and examples a wee bit more thoroughly.

The highest high/lowest low is found between point 2 and the most recent bar, and it must not be in consolidation.

The entry point is the open of the first candle out of trendline. You calculate your TP and SL from this open too.

You place profit target where your projected profit target is, and you can get this from the difference between highest high/lowest low and vertical line's intersection with demand/supply lines.
I am JuMPeR.
  • #7
  • Oct 5, 2006 10:54am Oct 5, 2006 10:54am
Quoting nini
Can anyone confirm or declien my understanding?

1. You find the point when you can plott trendline
2. You find the highest high/lowest low between these two points
3. You place horisontal and vertical lines on this highest high/lowest low, then you take into consideration the point when this vertical line intersects demand/supply line.
4. This intersection is entry point
5. You wait when candle opens above/below the demand/supply line

Seems like you've understood everything above to be correct. Except below.
6. You place profit target according to fib projection

Mouteki doesn't use fib's as the projection. His price projection is based on the calculation as per the word document "4 hour trendlines". If you want to integrate fib's into your trading, there's nothing wrong with that. Personally, I DO use fib's to compliment the Mouteki system.

Did I understand correctly?

Seems, you've understood quite well.
thanks
Looks like you've got it now!
  • #8
  • Oct 5, 2006 10:58am Oct 5, 2006 10:58am
Mate,

You should deff read the Mouteki doc first.


turbo


Quoting nini
Hello all,

First of all many thanks to Mouteki trader for sharing such system
I was reading the method but I think I am totally confused,

I have following questions:

1. How do you determine supply/demand curves? is it simply trendlines?

2. What is projection? is it fib projection? how to apply correctly?

3. I see blue lines, what do these lines indicate
see also attached image
thanks
  • #9
  • Jan 25, 2022 10:46pm Jan 25, 2022 10:46pm
Daily performance
🗓 25 January 2022 🗓
- GOLD BUY 150 PIPS
- GOLD BUY 85 PIPS
Total Win : 235 PIPS
Total Loss : 0 PIPS ️
Total Net : 235 PIPS WIN
  • #10
  • Jan 25, 2022 11:01pm Jan 25, 2022 11:01pm
Happy Wednesday Champions
Hope you guys had a good rest after a profit-filled, heavy bag carrying, money-making Tuesday.
Let's keep the momentum from yesterday's success. When preparation and opportunity meet, nothing can stop you. It will become a success!
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  • #11
  • Jan 25, 2022 11:57pm Jan 25, 2022 11:57pm
GOLD BUY NOW
  • #12
  • Jan 25, 2022 11:59pm Jan 25, 2022 11:59pm
GOLD BUY NOW @ 1844 - 1841
TP1: 1846
TP2: 1849
TP3: HOLD
SL 1839
Use Proper Money Management. Past Profits do not predict future earnings. Consistency is
  • #13
  • Jan 26, 2022 12:24am Jan 26, 2022 12:24am
Running +17pips
Scalper trader can close now. Who wanna hold do set BE for 0% risk.
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  • #14
  • Jan 26, 2022 12:33am Jan 26, 2022 12:33am
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  • #15
  • Jan 26, 2022 1:43am Jan 26, 2022 1:43am
Running +25PIPS
Scalper trader can close now. Who wanna hold do set BE for 0% risk.
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  • #16
  • Jan 26, 2022 4:09am Jan 26, 2022 4:09am
GBPJPY SELL NOW @ 154.300 - @ 154.500
TP1: 154.100
TP2: 153.800
TP3: HOLD
SL 154.800

You can set your stop-loss where ever you want.
Use Proper Money Management. Past Profits do not predict future earnings. Consistency is
  • #17
  • Jan 26, 2022 4:42am Jan 26, 2022 4:42am
Risk the amount of pips you are comfortable with.
  • #18
  • Jan 26, 2022 6:01am Jan 26, 2022 6:01am
GOLD BUY NOW
  • #19
  • Jan 26, 2022 6:03am Jan 26, 2022 6:03am
GOLD BUY NOW @ 1843 - 1841
TP1: 1846
TP2: 1849
TP3: HOLD
SL 1838
Risk the number of pips you are comfortable with.
Use Proper Money Management. Past Profits do not predict future earnings. Consistency is
  • #20
  • Jan 26, 2022 6:25am Jan 26, 2022 6:25am
Quoting purepriceact
GOLD BUY NOW @ 1843 - 1841 TP1: 1846 TP2: 1849 TP3: HOLD SL 1838 Risk the number of pips you are comfortable with. Use Proper Money Management. Past Profits do not predict future earnings. Consistency is
HIT SL️
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