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Mouteki Trading

  • #4,101
  • Nov 12, 2006 7:31am Nov 12, 2006 7:31am
´Some thing´ must be the 2 week we all waiting for the trend to reverse. It's ranging action drive a lot of people nuts right now. It make everybody realize no one method of trading is good. Something is needed for ranging market and something else for trending market. Something is good: Everybody seems to be studying hard their method since lots of people have lost money recently...
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #4,102
  • Nov 12, 2006 7:46am Nov 12, 2006 7:46am
About only 1 out of 4 mouteki signal is the good one. Usualy it seems to be the second one... But in this rangin market, wait. Mouteki is no magic, it's just a simple breakout method. If the price projections seemed precise, realize it's only because of fibo levels... Once you learn mouteki, you will always see triangle forming everywhere.. On any time frame.

Mouteki cannot be right always, especially at these over/under priced level.

Quoting Blaiserboy
Mouteki is a longer term system and has proven to be reliable when applied properly......... best to leave the news alone......

Just my opinion
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #4,103
  • Nov 12, 2006 7:53am Nov 12, 2006 7:53am
All I see in most of the threads is how Mouteki has been a loser for the most part. I don't understand why Mouteki himself does not provide his input to filtering out such bad trades since a bad system will discredit his system. I had tried Mouteki for awhile on demo with filtering, it has been not even been close to being good in my opinion, too many losing trades.
  • #4,104
  • Nov 12, 2006 6:58pm Nov 12, 2006 6:58pm
something tells me ur right.. man ive waited AGES to enter a short successfuly on a gbp.. and yea.. mouteki method hasnt been good sice the last 3 weeks..
BECAUSE I CAN !
  • #4,105
  • Nov 12, 2006 7:25pm Nov 12, 2006 7:25pm
right now TL break systems arent working, because traders are basically buying these dips and flags in this uptrend... so we get false breaks that fuel upside momentum we need to see a real shift to get some kind of follow thru im gonna sit it out and look for tests of key support and resistance...
  • #4,106
  • Nov 12, 2006 8:14pm Nov 12, 2006 8:14pm
we're in one of those periods with strong sentiment against the dollar. keep looking for a buy signal on the euro and gbp until US show us some good number.
  • #4,107
  • Nov 13, 2006 2:16am Nov 13, 2006 2:16am
Look like a break of the demand line for a sell at the open of 1.9138 GBP/USD
  • #4,108
  • Nov 13, 2006 1:22pm Nov 13, 2006 1:22pm
Today mouteki was cool, +144

anyone know where mouteki gone... 'll he back again !
Attached Image
Charting Markets into the Future...MǎҖ€¥.
  • #4,109
  • Nov 13, 2006 1:47pm Nov 13, 2006 1:47pm
Hi shodkass. Have a look to www.accrete.com/Fx-mouteki .karl
  • #4,110
  • Nov 13, 2006 2:03pm Nov 13, 2006 2:03pm
MOUTEKI Was good for me today i snatched about 71 pips on the break today. So i cant complain.
Just think positive and all the pips will come your way.
  • #4,111
  • Nov 13, 2006 2:15pm Nov 13, 2006 2:15pm
I have extensively demo traded Mouteki across 10 pairs for the past month and are quite impressed with my results:

week of 15 Oct: 315 pips
week of 22 Oct: 725 pips
week of 29 Oct: 740 pips
week of 6 Nov: 230 pips
week of 13 Nov: 330 pips just today!

However, I have found that drawing TLs by hand on VT platform where H4 candles are different from MT4 has been more successful than trading by EA signal on MT4 ! (note, I have not comparative results, just found more trades were successful with VT)
Consistency and patience is everything
  • #4,112
  • Nov 13, 2006 2:38pm Nov 13, 2006 2:38pm
Quoting Geldmeister
I have extensively demo traded Mouteki across 10 pairs for the past month and are quite impressed with my results:

week of 15 Oct: 315 pips
week of 22 Oct: 725 pips
week of 29 Oct: 740 pips
week of 6 Nov: 230 pips
week of 13 Nov: 330 pips just today!

However, I have found that drawing TLs by hand on VT platform where H4 candles are different from MT4 has been more successful than trading by EA signal on MT4 ! (note, I have not comparative results, just found more trades were successful with VT)
Geldmeister, did you use pure Mouteki to achieve those results? Or did you use some kind of filter?
  • #4,113
  • Nov 13, 2006 2:56pm Nov 13, 2006 2:56pm
Just to clarify my application of the system:

 

  1. entry mostly on first new candle after TL break

    1. I'd only enter on the break if there are other supporting signals such as daily price action or fundamentals

  2. I exit if price goes the wrong way and re-crossed the TL
  3. I generally look at other signals and stay out if something smells fishy

    1. some guys here may be looking for a system that can be largely automated, but that's not my goal, instead I am happy to still do the necessary analysis; actually a key benefit I derived from this and James16 which I tested in parallel is learning to draw TL's properly and understand price action.
    2. However, I did take more trades than not

Consistency and patience is everything
  • #4,114
  • Nov 13, 2006 10:25pm Nov 13, 2006 10:25pm
Quoting karl
Hi shodkass. Have a look to www.accrete.com/Fx-mouteki .karl
Dead Link
  • #4,115
  • Nov 13, 2006 11:39pm Nov 13, 2006 11:39pm
Quoting WHTenn
Dead Link
The proper link for the Mouteki Resource page is http://www.accrete.com/fx-mouteki/ i think the original poster might have left out the last forward slash "/" to designate it was a directory and not a simple .html webpage?

Cheers,
Thom
Accrete webmaster, owner, doodler extreem ; )
  • #4,116
  • Nov 14, 2006 5:55am Nov 14, 2006 5:55am
Hallo WHTENN. I was in before writing the note.karl
  • #4,117
  • Nov 14, 2006 4:37pm Nov 14, 2006 4:37pm
I have been looking all over the thread for the Moutaki manual, but cannot find it. Where shall I look for it?
  • #4,118
  • Nov 14, 2006 4:45pm Nov 14, 2006 4:45pm
here's the original word document provided by mouteki



Quoting alcastro
I have been looking all over the thread for the Moutaki manual, but cannot find it. Where shall I look for it?
Attached File(s)
File Type: doc 4_hour_trend_line.doc   938 KB | 1,094 downloads
- nick andre -
  • #4,119
  • Nov 16, 2006 3:04am Nov 16, 2006 3:04am
Quoting MaXeY
Today mouteki was cool, +144

anyone know where mouteki gone... 'll he back again !
You call that a trendline? Thats not even a trendline.. why not just draw a 90 degree verticle line and say it crossed and i took a trade and was 144 pip profit!
fxtrada.com
  • #4,120
  • Nov 16, 2006 3:14am Nov 16, 2006 3:14am
Quoting lifetime_trader
You call that a trendline? Thats not even a trendline.. why not just draw a 90 degree verticle line and say it crossed and i took a trade and was 144 pip profit!
No need for Vertical 90 Degree.... Calculated by eye !
Charting Markets into the Future...MǎҖ€¥.
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