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Mouteki Trading

  • #4,081
  • Nov 4, 2006 3:57pm Nov 4, 2006 3:57pm
Hey mt

Just wondering where i can find the file that explains the entire method. Is there a word document or pdf file, if so where can i download it.
  • #4,082
  • Nov 4, 2006 5:06pm Nov 4, 2006 5:06pm
Quoting shodka8
Hey mt

Just wondering where i can find the file that explains the entire method. Is there a word document or pdf file, if so where can i download it.
heheh.. if i had a dollar for everytime i heard that
BECAUSE I CAN !
  • #4,083
  • Nov 4, 2006 5:14pm Nov 4, 2006 5:14pm
Quoting YasirYar
heheh.. if i had a dollar for everytime i heard that
It's hard when the files are hidden within the first few pages of the thread!
  • #4,084
  • Edited Nov 5, 2006 12:01am Nov 4, 2006 9:45pm | Edited Nov 5, 2006 12:01am
At how much you went in/out? Did you get out yet? My guess is the gbp trend is now short cycle for a little while as confirmed by technical & news event.

Quoting saaedb
I entered the market without a STOP.
What kind of risk/ammount are you talking about friend? Was short, no s/l, still short by now, for at least 350 pips TP. But my 100% of my account is only a micro-micro account for now. But say you have a fairly seriouly big account you don't want to loose, you must already know never trade more then 5% of your capital. Profitable people trade even less. It depend on you total ammount, also leverage change it all. 50:1 leverage is not same 200:1.

But what the heck. I invest 100$ at the time. i'm down 100$ in 4 month of trading. (learning). Cost me 25$ month for learning... That's nothing and i have fun.. My trading is improving. As soon as i get even (get back that 100$), i should invest for real. Bad money management is no excuse. I suggest you have a small discretionary ammount for wild trading but keep real capital under good management. Make it 5%/month and leave it alone if you can. 1%/day is fairly easy to do so dont try do more. And you will get billionnaire. (Yes i know it's dull). How come i'm still poor...
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #4,085
  • Nov 5, 2006 7:11am Nov 5, 2006 7:11am
Quoting nitman
But the daily trend had been going up for a while now. We can't ignore a sell signal but we also can't ignore the news. A good number for the USD would turn that daily uptrend into a reversal and we would miss out.

I actually missed out on the sell signal at the beginning of it and I didn't like how several bars down, it was going the wrong way. So I waited for the news to come out and play accordingly ... lucky me!
If you dont want to miss the good USD number, then you should TRADE NEWS THEN not Mouteki!

I trade news and still use Mouteki.. But I use news, and daily trends as my mouteki filter NOT the other way around.
  • #4,086
  • Nov 5, 2006 9:01am Nov 5, 2006 9:01am
Like i said before tt was a mistake a very expensive mistake on my part. I think my stops got reset coz I changed my position very last sec before pulling the trigger.



Quoting GreatYves
At how much you went in/out? Did you get out yet? My guess is the gbp trend is now short cycle for a little while as confirmed by technical & news event.



What kind of risk/ammount are you talking about friend? Was short, no s/l, still short by now, for at least 350 pips TP. But my 100% of my account is only a micro-micro account for now. But say you have a fairly seriouly big account you don't want to loose, you must already know never trade more then 5% of your capital. Profitable people trade even less. It depend on you total ammount, also leverage change it all. 50:1 leverage is not same 200:1.

But what the heck. I invest 100$ at the time. i'm down 100$ in 4 month of trading. (learning). Cost me 25$ month for learning... That's nothing and i have fun.. My trading is improving. As soon as i get even (get back that 100$), i should invest for real. Bad money management is no excuse. I suggest you have a small discretionary ammount for wild trading but keep real capital under good management. Make it 5%/month and leave it alone if you can. 1%/day is fairly easy to do so dont try do more. And you will get billionnaire. (Yes i know it's dull). How come i'm still poor...
  • #4,087
  • Nov 5, 2006 9:22am Nov 5, 2006 9:22am
Quoting BurgerKing
If you dont want to miss the good USD number, then you should TRADE NEWS THEN not Mouteki!

I trade news and still use Mouteki.. But I use news, and daily trends as my mouteki filter NOT the other way around.
I do trade the news and never enter a mouteki trade before a big US news release. There were conflicting trendlines on Friday morning so I wait to see where the market wants to go before picking a side. Not suggesting using news as a filter at all...just pay attention to it.
  • #4,088
  • Nov 6, 2006 5:15am Nov 6, 2006 5:15am
The trade from last Thursday night( 10-2-06) was real nice... Because the JPY session was closed & with NFP out, I played it real tight... I only took 10, 20 & 25 pips on a 3-play.

But, the trade did hit for its entire TP.
  • #4,089
  • Nov 6, 2006 7:07am Nov 6, 2006 7:07am
Quoting LazyPawn

6. In case you don't know ... the latest version of MT4 (196) has a great new feature. Open your strategy tester, pick any expert advisor you want, make sure Visual Mode is checked, click Start. As soon as the chart starts scrolling click the Pause button, then right click on the chart and apply the template you like, or simply add the indicators you want - then resume. The speed can be modified - great tool. You can use a 4hr chart and add the indicator attached, it will be almost like doing a forward test.
Thanks for this EA.... It's a big help.

I do have a question... Every now & then a red or blue X appears. What does this X mean?... Thanks.
  • #4,090
  • Nov 6, 2006 10:24am Nov 6, 2006 10:24am
This was an interesting trade. Just curious were you stopped out on this one or did you avoid the stop by few pips and make profit?
  • #4,091
  • Nov 8, 2006 5:25am Nov 8, 2006 5:25am
Hi Mouteki or anyone, have you tried this system with Gold trading as well? I tried one trade last friday shorting XAU as there is a signal of selling, but untill now the position is still in negative, i am not sure whether i am doing right~Can anyone help? Thanks!
  • #4,092
  • Nov 8, 2006 6:34am Nov 8, 2006 6:34am
Hey guess what, my gold position just closed by TP now at 618.90, gives me a profit of $10USD! Or you can say 100 pips~ It is amazing, i will be keep testing Mouteki. Thanks for this model!
  • #4,093
  • Nov 9, 2006 10:15pm Nov 9, 2006 10:15pm
how do i trade using news using mouteki??
  • #4,094
  • Nov 10, 2006 2:11am Nov 10, 2006 2:11am
Quoting platerina
how do i trade using news using mouteki??
well, anyone try it before? since sometimes even without new release,mouteki give the wrong signal.
  • #4,095
  • Nov 10, 2006 4:29am Nov 10, 2006 4:29am
Quoting parlenk
well, anyone try it before? since sometimes even without new release,mouteki give the wrong signal.
You dont trade the news based of the Mouteki method. Either trade just the Mouteki, or just trade the news. You dont combine the two.
  • #4,096
  • Nov 10, 2006 6:45am Nov 10, 2006 6:45am
Everything not going as supposed on GBP... Stay calm... Rumor say china is diversifying (dumping US). That would be why the big reverse yesterday, now going up... Don'know what will happen now. Will analyse during the weekend. Off trade for me now.
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #4,097
  • Nov 10, 2006 10:51am Nov 10, 2006 10:51am
Quoting GreatYves
Everything not going as supposed on GBP... Stay calm... Rumor say china is diversifying (dumping US). That would be why the big reverse yesterday, now going up... Don'know what will happen now. Will analyse during the weekend. Off trade for me now.
something tells me its going to take a long time for the gbp to come down..
BECAUSE I CAN !
  • #4,098
  • Nov 11, 2006 2:42pm Nov 11, 2006 2:42pm
Mouteki is a longer term system and has proven to be reliable when applied properly......... best to leave the news alone......

Just my opinion
  • #4,099
  • Nov 11, 2006 3:03pm Nov 11, 2006 3:03pm
Quoting YasirYar
something tells me its going to take a long time for the gbp to come down..
Great, what else does "some thing" tell you ?

Guessing is never a good idea in this brutal market.
  • #4,100
  • Nov 11, 2006 6:19pm Nov 11, 2006 6:19pm
Hi All,

Can anyone send me an email or post link on back history (2004, 2005 to current) of the EURJPY. I am backtesting EA.
Thanks
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