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Anyone still trading Mouteki? 45 replies

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Mouteki Trading

  • #4,121
  • Nov 16, 2006 3:44am Nov 16, 2006 3:44am
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)
hi geldmeister, say, are you german cause geldmeiter is a german word?

your performance is great, do you use any filters?
  • #4,122
  • Nov 16, 2006 4:31am Nov 16, 2006 4:31am
Is it good time for buying GBPJPY according Mouteki?
  • #4,123
  • Nov 16, 2006 6:05am Nov 16, 2006 6:05am
has anyone been trading the mouteki strategy on daily charts???

i made some back testing and it looks like it rarely hits the stop.
  • #4,124
  • Nov 16, 2006 8:20am Nov 16, 2006 8:20am
Quoting Wallboroff
hi geldmeister, say, are you german cause geldmeiter is a german word?

your performance is great, do you use any filters?
It means moneymaster.
  • #4,125
  • Nov 20, 2006 7:07am Nov 20, 2006 7:07am
Can anyone tell me if there is a specific time (for example the open of the day, etc.) when we should apply the Mouteki method, or just when we consider that there will be a trend reversal.
Thank you for your help.

Roche
  • #4,126
  • Nov 20, 2006 7:45am Nov 20, 2006 7:45am
Quoting Roche
Can anyone tell me if there is a specific time (for example the open of the day, etc.) when we should apply the Mouteki method, or just when we consider that there will be a trend reversal.
Thank you for your help.

Roche
the breakout can happen at anytime but most of the time I see it happening around euro and us open
  • #4,127
  • Nov 20, 2006 1:23pm Nov 20, 2006 1:23pm
anybody short on GBP/USD? i got a signal and wondered if somone took that trade.

PS: wanna hear more from mouteki traders on cable
  • #4,128
  • Nov 20, 2006 1:25pm Nov 20, 2006 1:25pm
Quoting Wallboroff
anybody short on GBP/USD? i got a signal and wondered if somone took that trade.

PS: wanna hear more from mouteki traders on cable
you must have meant long right?
  • #4,129
  • Nov 20, 2006 1:32pm Nov 20, 2006 1:32pm
well no, the stochastic is overbought and the open of the current bar opened under the demand line.
  • #4,130
  • Nov 20, 2006 1:43pm Nov 20, 2006 1:43pm
Quoting Wallboroff
well no, the stochastic is overbought and the open of the current bar opened under the demand line.
well stoch means nothing to mouteki. Your timezone must be different. GMT has no signal yet.
  • #4,131
  • Nov 20, 2006 1:50pm Nov 20, 2006 1:50pm
i wouldn´t be to sure about stochastic. it´s a good filter. the signal is not much, just 39 pips. i use gmt+1.

i also got the long signal, what you metioned. you could say a short signal hidden in a long signal.

well i dont know, nobody is able to predict the marktet for 100 %.

we´ll see
  • #4,132
  • Nov 20, 2006 2:04pm Nov 20, 2006 2:04pm
Quoting Wallboroff
i wouldn´t be to sure about stochastic. it´s a good filter. the signal is not much, just 39 pips. i use gmt+1.

i also got the long signal, what you metioned. you could say a short signal hidden in a long signal.

well i dont know, nobody is able to predict the marktet for 100 %.

we´ll see
sorry you misunderstood me. I meant stoch was not used as mouteki posted. As a filter I haven't tested to know, but I'll take your word for it.
  • #4,133
  • Nov 20, 2006 2:56pm Nov 20, 2006 2:56pm
mouteki method has been pissin me off lately..
BECAUSE I CAN !
  • #4,134
  • Nov 20, 2006 3:17pm Nov 20, 2006 3:17pm
would be great if we could establish why it does not appear to work all the time.
  • #4,135
  • Nov 20, 2006 3:24pm Nov 20, 2006 3:24pm
Quoting Blaiserboy
would be great if we could establish why it does not appear to work all the time.
One thing I tried was put Mouteki on daily chart. Switch to 4hr and fix the points so they match the candles. If a 4hr candle clears the trendline, meaning it never touches it, take the trade on the 2nd 4hr candle open. But then there were still false trades. Then I tried wait 3 4hr candles, but still failed. There was once when 5 4hr candles stayed above tl without touching it, but never rose enough to get any profit before dropping like a rock. But if that doesn't happen often, then you just lose on those rare occasions.

A lot of people throw off on Mouteki material, even me sometimes, but there is something to it. Somehow, someway. Maybe use it as confirmation of other strategies. We just got to keep studying and sharing our findings.
  • #4,136
  • Nov 21, 2006 12:31am Nov 21, 2006 12:31am
morning,

i havet to admit that i entered the trade to quickly. i also wait for a signal from mouteki method but then check it again with the stoch. in this case i should have waited until the stoch crosses and to make sure that the next candle is still under the trendline.

it´s still open and hopefully goes down
  • #4,137
  • Nov 22, 2006 12:07am Nov 22, 2006 12:07am
I'm a newbie here ... but I must say wow!.

I have been reading books about drawing the trendlines but the methods in those books seem so subjective to me. Different people may draw the trend line differently and yet the trendline is important in identifying S/R and breakouts. Becaue of it's subjectivity, I stopped using the trendline.

Finally... a clear and precise way to draw the trendline has appeared...

Kudos to mouteki.
  • #4,138
  • Nov 22, 2006 6:38am Nov 22, 2006 6:38am
VIVA Mouteki !

Was in that trade, but entry too late, exit at 61.8% with +49PIP
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Charting Markets into the Future...MǎҖ€¥.
  • #4,139
  • Nov 22, 2006 7:23am Nov 22, 2006 7:23am
Hi,

Is there a document that explains the mouteki trading method? I did not see it at the begining of this thread.

thks,

CFII
Attitude + Power = Performance
  • #4,140
  • Nov 22, 2006 9:33am Nov 22, 2006 9:33am
Quoting MaXeY
VIVA Mouteki !

Was in that trade, but entry too late, exit at 61.8% with +49PIP
looks like you should have held out for the target of 9130 - 9150
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