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  • #81
  • Nov 29, 2006 10:28am Nov 29, 2006 10:28am
Quoting Million$Man
leo..much appreciated, i had read that on the Mout material, but not managed to get thro the whole James thread.
You're right theres too much to give u headache here. keep it simple!
Hve you been trading the Mout method long. If so how have you done?
Do you use the SL & the TP as mentioned in the manual?
thnks in advance M$M
I've been trading for a few months. So actually i am still a newbies. I dont wanna be known as a jerk with a big mouth hehehe ! What i am trying to do, is giving many proof that actually this method really works and makes profit. I realize that there are so many experts out there Therefor, i still have to learn and learn by experience. To be honest, Originally, i deposited $80 and guess what, now i only have $38.8 ! I was so down and down. even depressed! But then i learned that i had to keep on Positif thinking. That this is just a game and i should love it. It's okay if i am loosing now. But i keep in mind that actually i have paid myself for a forex course! How's that? Turning something we think Bad into Positif words which will support us.
Anout the TP yes i follow the manual. and The SL, to be honest, i only follow my feeling. hehehe... the max i put for SL is 50 pips. BUt remember, use money management. Better we use small quantity to avoid big Loss. Right now i only put quantity of $1 ( it's for a newbies with small deposit ).

I am again hoping that this would satisfy you...


LEo
Forex has never been this SO exciteD !!
  • #82
  • Nov 29, 2006 10:48am Nov 29, 2006 10:48am
Quoting Million$Man
Leo...you've confused me now
i thought one useds the first two points of support/resistance?
ie. candle with 2 candles to either side blah blah blah!
so can the two points be anywhere?
sorry to be a real pain in the **** mate
M$M
Sorry if i have confused you. Well, maybe it's the matter of language hehe... U know, english is not my native language..
Okay. I will try to explain u this time...

I said to you that "actually the mouteki line can be drawn anywhere and anytime" It means that MOuteki has become Flexible. I dont purely agree on what Mouteki explanation ...

"To find the second point of the demand line we look for the very next point of support that has two candles to the left and two to the right that do not exceed the low of the support point"
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
<o>Pls now concentrate on the words "The VERY next Point". It should not be always like that. you can see from the chart i've attached. Along the trend line, you found many pin bars ( support and resistance levels ). The questions which are often asked is "Why dont you pick that one as your 2nd point or bla bla bla... "</o>
<o>Now, i am telling you... You can EXTEND the trend line as LONG as you want! How's that? Isn't that great???</o>
<o></o>
<o>These are the KEY to be success with MOuteki Trading :</o>
<o>1. As long as you draw a correct supply line and demand line, no matter where the 1st point and the 2nd point are, You are doing well and as per rules... </o>
<o>2. Once the price has passed the supply or demand line, and it's making a trend which keeps away from the supply or demand line, The price will reach the PP ( hopefully ).</o>
<o>3. Let the price go away from the supply /demand line for hours. To make sure that it really does keeps away... Then, you put your open position...</o>
<o>4. Be a careful and pro trader by putting stop loss. For some pairs which has connection with gbp (ie. euro/gbp) these pairs have high volatility. Thats why you must put higher stop loss. </o>
<o></o>
<o>Fyuhhh!... I cant believe i have typed this far... hehehe</o>
<o></o>
<o></o>
<o>Leo</o>
<o></o>
Forex has never been this SO exciteD !!
  • #83
  • Nov 29, 2006 11:08am Nov 29, 2006 11:08am
Quoting leo2006
Sorry if i have confused you. Well, maybe it's the matter of language hehe... U know, english is not my native language..
Okay. I will try to explain u this time...

I said to you that "actually the mouteki line can be drawn anywhere and anytime" It means that MOuteki has become Flexible. I dont purely agree on what Mouteki explanation ...

"To find the second point of the demand line we look for the very next point of support that has two candles to the left and two to the right that do not exceed the low of the support point"
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
<o>Pls now concentrate on the words "The VERY next Point". It should not be always like that. you can see from the chart i've attached. Along the trend line, you found many pin bars ( support and resistance levels ). The questions which are often asked is "Why dont you pick that one as your 2nd point or bla bla bla... "</o>
<o>Now, i am telling you... You can EXTEND the trend line as LONG as you want! How's that? Isn't that great???</o>
<o></o>
<o>These are the KEY to be success with MOuteki Trading :</o>
<o>1. As long as you draw a correct supply line and demand line, no matter where the 1st point and the 2nd point are, You are doing well and as per rules... </o>
<o>2. Once the price has passed the supply or demand line, and it's making a trend which keeps away from the supply or demand line, The price will reach the PP ( hopefully ).</o>
<o>3. Let the price go away from the supply /demand line for hours. To make sure that it really does keeps away... Then, you put your open position...</o>
<o>4. Be a careful and pro trader by putting stop loss. For some pairs which has connection with gbp (ie. euro/gbp) these pairs have high volatility. Thats why you must put higher stop loss. </o>
<o></o>
<o>Fyuhhh!... I cant believe i have typed this far... hehehe</o>
<o></o>
<o></o>
<o>Leo</o>
<o></o>
Leo
really appreciate your response.
M$M
  • #84
  • Nov 29, 2006 11:12am Nov 29, 2006 11:12am
Wew!!! I have just realized that i have not followed what MOUTEKI said about drawing a supply or demand line!! But, somehow, this mistake have taken me into new method....

Anyway, pls take it easy... Now i want to attach an example of a correct "demand line" based on MOUTEKI modul... Pls look at the curve.. For Demand line, the curve should be above the demand line... In this case, this is correct..
Attached Image
Forex has never been this SO exciteD !!
  • #85
  • Nov 29, 2006 11:19am Nov 29, 2006 11:19am
Now, pls you guys see what the new demand line which does not follow the Mouteki Modul. The curve is located under the DEmand line!! And u know what? Somehow, this works too!!

Enjoy..


Leo
Attached Image
Forex has never been this SO exciteD !!
  • #86
  • Nov 29, 2006 11:32am Nov 29, 2006 11:32am
This is the most recent chart of GBP/uSD. I draw a demand line with "curve" under the demand line. And you know what?? It is making profit now!

Okay, forgive me if some of you might say "bullshit" hehe. Well, i am giving u proof here. For Gbp/Usd, i put target price @ 1.9601 with SL 60 pips ( remember that gbp is volatile ). Hopefully it would give me 120 pips.
God bless us..


Leo
Attached Image
Forex has never been this SO exciteD !!
  • #87
  • Nov 29, 2006 11:56am Nov 29, 2006 11:56am
Quoting leo2006
This is the most recent chart of GBP/uSD. I draw a demand line with "curve" under the demand line. And you know what?? It is making profit now!

Okay, forgive me if some of you might say "bullshit" hehe. Well, i am giving u proof here. For Gbp/Usd, i put target price @ 1.9601 with SL 60 pips ( remember that gbp is volatile ). Hopefully it would give me 120 pips.
God bless us..


Leo
Leo, are you setting your profit targets using the traditional Moutaki method?
  • #88
  • Nov 29, 2006 7:20pm Nov 29, 2006 7:20pm
Quoting alcastro
Leo, are you setting your profit targets using the traditional Moutaki method?
Yes, i am
Forex has never been this SO exciteD !!
  • #89
  • Nov 30, 2006 9:45am Nov 30, 2006 9:45am
Oh my GOD!! I just dont believe it. The G/U did reached the PP @ 1.9601 and i have saved 122 pips profit. See.. i have proven that although my mouteki line is breaking the rules but it works too!!


Leo
Forex has never been this SO exciteD !!
  • #90
  • Nov 30, 2006 6:56pm Nov 30, 2006 6:56pm
Good Job Leo,

can you send to us your methode in Doc gile... we hope we all can learn something good from your trading..

here is my clock indicator in my chart.. i got it from batflink trading system...
Attached File(s)
File Type: mq4 Batfink Clock[1].mq4   5 KB | 390 downloads
Simplicity your Life
  • #91
  • Nov 30, 2006 7:14pm Nov 30, 2006 7:14pm
All indicators are still predicting a rise in the Cable for now.

Chart enclosed. There was a 100+ pip rise today that was easily seen by the indiciators. This rise has been going on since 11-17 as seen in this chart.

From 1.8882 to the present 1.9665
Attached Image
  • #92
  • Nov 30, 2006 8:48pm Nov 30, 2006 8:48pm
ea
Quoting yezbick
All indicators are still predicting a rise in the Cable for now.

Chart enclosed. There was a 100+ pip rise today that was easily seen by the indiciators. This rise has been going on since 11-17 as seen in this chart.

From 1.8882 to the present 1.9665
could u send us mouteki ea? how long r u using it... is that good?
Simplicity your Life
  • #93
  • Nov 30, 2006 11:16pm Nov 30, 2006 11:16pm
Quoting stevenali
Good Job Leo,

can you send to us your methode in Doc gile... we hope we all can learn something good from your trading..

here is my clock indicator in my chart.. i got it from batflink trading system...
Ok. I will try my best to get this new method published di doc.


Leo
Forex has never been this SO exciteD !!
  • #94
  • Edited Jan 18, 2007 7:44pm Dec 1, 2006 2:35am | Edited Jan 18, 2007 7:44pm
Hi all!
I am proudly present my Mouteki updated summary. I hope u guys like it. Enjoy!!


Leo
Forex has never been this SO exciteD !!
  • #95
  • Dec 1, 2006 9:09pm Dec 1, 2006 9:09pm
Quoting leo2006
Hi all!
I am proudly present my Mouteki updated summary. I hope u guys like it. Enjoy!!


Leo
Leo,

Great work, thanks a lot for your efforts. It seems you really enjoy trading with mouteki method.

Just want to ask what' the timezone that you live in, and if you check the chart every four hours at daytime. I am not used to trading with 4h chart.

Thanks
teamfri
  • #96
  • Dec 2, 2006 6:57am Dec 2, 2006 6:57am
Quoting yezbick
All indicators are still predicting a rise in the Cable for now.

Chart enclosed. There was a 100+ pip rise today that was easily seen by the indiciators. This rise has been going on since 11-17 as seen in this chart.

From 1.8882 to the present 1.9665
I agree, so far there is no sign that the up trend is over. Mouteki system does not show any short signal to be imminent. Likewise when I look at the EUR/USD charts. Based on mouteki system there, any short trade would be opened a 4H candle opened below 1.3250 or so, and the TP would then be around 1.3150. However, currently everything seems to show for a continuation of the move upwards. EUR/USD could go all the way up to 1.3680 before any correction, then prob continue rising all the way to 1.5 - 1.6. What do you guys think?
  • #97
  • Dec 3, 2006 3:34am Dec 3, 2006 3:34am
first, thank's to Sidus Thread....

i found interesting in using parabolic sar with this setting

step = 0.05, maximum = 0.9

what do you think...

here is my chart setting

for uptrend line , maybe you have to draw it from 1992-09-08
waow!
Attached Image
Simplicity your Life
  • #98
  • Dec 5, 2006 9:42am Dec 5, 2006 9:42am
here is my chart, i want to post it before the ism news but i don't know why i can't attach this screen shoot..

in this case i close my trade before the news, and set sell order at yesterday's low price... and got another 40 pips..
Attached Image
Simplicity your Life
  • #99
  • Dec 5, 2006 9:53am Dec 5, 2006 9:53am
my chart
thx for orange roshan .... it open my closed eyes
Attached Image
Simplicity your Life
  • #100
  • Dec 6, 2006 4:33am Dec 6, 2006 4:33am
yes it is...

tp 1 Hit.. see the result
Attached Image
Simplicity your Life
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