Mouteki Trading | Page 156 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Mouteki Trading
Exit Attachments

Mouteki Trading

  • #3,101
  • Oct 6, 2006 12:02am Oct 6, 2006 12:02am
Quoting turbokaos
$135 WOW... I would hope most people could make enough pips to cover that if not they might want to think about taking up a diff hobby.

To build a house you need lumber and tools...

turbo
nah im just too cheap to pay for things that i can get for free lol, besides alot of us are still new to forex, im just happy that im not lossing money lol
  • #3,102
  • Oct 6, 2006 12:03am Oct 6, 2006 12:03am
Quoting turbokaos
$135 WOW... I would hope most people could make enough pips to cover that if not they might want to think about taking up a diff hobby.

To build a house you need lumber and tools...

turbo
The point is, what is this paid service offering that one needs, yet not available at free platforms like MT4?
I am JuMPeR.
  • #3,103
  • Oct 6, 2006 12:04am Oct 6, 2006 12:04am
Quoting TheWicker
I went long here, price went up 40 pips, so +10 profit locked. Going for the full projected price of 157 pips. Lets see what time brings.
Stopped out. +10 pips.
  • #3,104
  • Oct 6, 2006 12:06am Oct 6, 2006 12:06am
Mate,

Did you reverse when the short single was trigered?


turbo


Quoting TheWicker
Stopped out. +10 pips.
  • #3,105
  • Oct 6, 2006 12:08am Oct 6, 2006 12:08am
Quoting turbokaos
Mate,

Did you reverse when the short single was trigered?


turbo
Was asleep
  • #3,106
  • Oct 6, 2006 12:15am Oct 6, 2006 12:15am
lets see if this pair rarely mentioned goes up

http://img100.imageshack.us/img100/9852/sgdpx9.jpg
  • #3,107
  • Oct 6, 2006 12:17am Oct 6, 2006 12:17am
I would re-consider that one a little more about not using a stop.. Unless you have months of Patience and No Fear!

turbo


Quoting BurgerKing
Same story here.

Now, I decided to put absolutely NO STOP no matter how bad it goes against me.

Of course I dont bet far too much so my account can withstand reversal. Likewise, I only place positions that will earn positive daily swaps/interest just in case I need to hold on those positions longer than expected.

Yesterday, I went short GBPUSD @ 1.8800, sure GBPUSD climbed back up to 1.8850 pre UK Rate Decision. But afterwards it dropped back down to my TP 1.8750 for a clean 100 pips profit.

3 weeks ago, I went Long [email protected]; USDJPY went down to 115 and I was loosing 200 pips; I believe someone over at the news trading forum laughed loudly at me holding onto those loser positions. Guess what? last week, it came back up to 118 for profit.

Mouteki + Carry Trade = 100% success. Just dont bet too much and dont expect too much pips profit (aka greed).

Since I started Mouteki + Carry Trade, I am about 9 wins of 9 trades. Doing about $100~200 each day from a small $2K IBFX account.

Mouteki's 4H system may be slow; but if you use it on multiple currency pairs, you may get as much as 2-4 signals daily! However I only make positions that brings + swaps for added insurance like long USDCAD, short EURUSD, long GBPJPY, long USDJPY ...

Mouteki is FUN!



Patience and No Fear! Dont Fear loosing money. The monent you closed those looser positions, you have accepted defeat.

NOTE: GBPUSD is way too high. It is good best to short this pair when Mouteki says so!
  • #3,108
  • Oct 6, 2006 12:20am Oct 6, 2006 12:20am
this is what i'm seeing mate




Quoting belief
lets see if this pair rarely mentioned goes up

http://img100.imageshack.us/img100/9852/sgdpx9.jpg
Attached Image
  • #3,109
  • Oct 6, 2006 12:39am Oct 6, 2006 12:39am
Here is mine. You know that brokers are thieves?
Attached Image
  • #3,110
  • Oct 6, 2006 12:51am Oct 6, 2006 12:51am
Is this the right Mouteki way? (but i've a long gbp position, shd i close?)http://img84.imageshack.us/img84/5108/gbpmk7.jpg
  • #3,111
  • Oct 6, 2006 1:24am Oct 6, 2006 1:24am
Cable bounced of the 1.8750 and the yen doesn't have much more upside left to it . Could maybe be a flase break under the demand line. I would feel more comfortable with another candle under the current one
  • #3,112
  • Oct 6, 2006 1:26am Oct 6, 2006 1:26am
Hi all.
i know this has been answered before, but i just dont find the post.

Please, if anybody can help me, this is my question:

Whay happend if you have a buy trade, and just after that 4 or 5 candles, appears all the signals of a sell trade?, what do you do?; you stop both trades? or wich one is the one you take?

tnx a lot
Have a good day and a good trade!
  • #3,113
  • Oct 6, 2006 1:31am Oct 6, 2006 1:31am
I beleave in Mouteki rules you are to go w/ the most recent one but I'm not Mouteki so maybe someone else can confirm.

trubo

Quoting jtacher
Hi all.
i know this has been answered before, but i just dont find the post.

Please, if anybody can help me, this is my question:

Whay happend if you have a buy trade, and just after that 4 or 5 candles, appears all the signals of a sell trade?, what do you do?; you stop both trades? or wich one is the one you take?

tnx a lot
  • #3,114
  • Oct 6, 2006 1:32am Oct 6, 2006 1:32am
Quoting jtacher
Hi all.
i know this has been answered before, but i just dont find the post.

Please, if anybody can help me, this is my question:

Whay happend if you have a buy trade, and just after that 4 or 5 candles, appears all the signals of a sell trade?, what do you do?; you stop both trades? or wich one is the one you take?

tnx a lot
You have the option to exit your long prematurely, and enter a short instead, or simply wait out your existing long till it hits projected profit target or SL. And of course, you can just exit your long and stay out of the new short too.
I am JuMPeR.
  • #3,115
  • Oct 6, 2006 1:35am Oct 6, 2006 1:35am
Took a short on cable at 1.8757, lets hope this one goes all the way !.
  • #3,116
  • Oct 6, 2006 1:39am Oct 6, 2006 1:39am
.
Attached Image
I am JuMPeR.
  • #3,117
  • Oct 6, 2006 1:40am Oct 6, 2006 1:40am
lol, well that just about covers it
  • #3,118
  • Oct 6, 2006 2:24am Oct 6, 2006 2:24am
@wallym:
Quote
The Mouteki setup seems to be "always late" on this timezone
Can anyone please explain to me why the timezone is so important for some of you guys? The candles are everywhere the same... only the time shown below of them is different.
  • #3,119
  • Oct 6, 2006 2:35am Oct 6, 2006 2:35am
Quoting katzenhai2
@wallym:

Can anyone please explain to me why the timezone is so important for some of you guys? The candles are everywhere the same... only the time shown below of them is different.
Mouteki method goes by 4h time frames and different time zones' 4h patterns may be different.

Imagine for instance 8 candles number 1 to 8. In time zone A, we may get two 4h candles made up of candles 1 to 4, and candles 5 to 8. In another time zone, candle 1 may be part of the previous 4h candle. So our "first" 4h candle in this example is made up of candles 2 to 5, with its resulting OHLC possibly different as compared to one made up of candles 1 to 4. Hourly candles may be largely similar (except for e.g. India that sits on the half-hour), but not necessarily 4-hourly.
I am JuMPeR.
  • #3,120
  • Oct 6, 2006 2:36am Oct 6, 2006 2:36am
I'm new with Mouteki Method..
Does anyone can help me to read this chart?
Is it going to bearish or bullish?
Thank you..
Attached Image
2 traders viewing now