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Mouteki Updated. Check this out!!!

  • #41
  • Dec 4, 2006 3:33am Dec 4, 2006 3:33am
Bah..ada pula orang balikpapan di sini yah..heheh good trade then.

GBU
  • #42
  • Dec 4, 2006 8:41am Dec 4, 2006 8:41am
TNX for posting Leo , now i made it clear for myself
  • #43
  • Dec 4, 2006 9:30am Dec 4, 2006 9:30am
Quoting Iskander
TNX for posting Leo , now i made it clear for myself
Ok. U r welcome. better u use Virtual mode 1st



Leo
Forex has never been this SO exciteD !!
  • #44
  • Dec 4, 2006 9:36am Dec 4, 2006 9:36am
Quoting parlenk
Bah..ada pula orang balikpapan di sini yah..heheh good trade then.

GBU

Yup! Happy trading too...


Leo
Forex has never been this SO exciteD !!
  • #45
  • Dec 4, 2006 2:52pm Dec 4, 2006 2:52pm
Quoting leo2006
Hi Thom, Thnks for that Guess i meet someone expert than me now I am just offering a new way of trading using Mouteki. Anyway, i really appreciate your response and critics ...About DeMark method, i dont know whether Mouteki himself or herself copied and adapted the demark method and Voila here comes the "Mouteki". All i know, that Someone has been trying to give his best/ her best in finding his/her way of trading. Let's appreciate for their effort.
Life is full of many choices. And choices is in your hand.


Best regards,

Leo
Greetings Leo. First thanks for your kind reply, but i'm no "expert" just a DeMark follower from the first time i opened his book on TA!

And on the DeMark method? Yes Mouteki's model is loosely based on Tom's teachings, M just chose to create rules that stated to be pure Mouteki the trend lines (That DeMark calls TDTLs or TomDemarkTrendLines) MUST be placed on 4 hour charts ONLY. This is fine for those wishing to be Mpurists. I just wanted to point out that the creator of the TDTLs says they can be used on any time frame.

Different strokes for different folks as i paraphrase your last sentence.
Cheers,
Thom
  • #46
  • Dec 4, 2006 5:12pm Dec 4, 2006 5:12pm
Quoting leo2006
Hello YasirYar!
Can u give us an example for Minor Pairs? Have u got profit by applying mouteki on minor pairs?

Best Greeting,

Leo
hey leo.. i went thru ur document file.. i must say uve put together some work anwyays i have been testing mouteki for 3 months now.. and lately.. because of the interest rate hike and other factors on the gbp.. mouteki isnt functioning right.. y? because theres a major uptrend on the gbp.. and gbp is moving all over th eplace.. and that effects other majors because they are in direct correlation to the gbp.. also ive been looking and mouteki works better on eurjpy usdcad and audcad pairs.. i could be wrong because i dont personally trade them myself.. but what i do realize is that for most mouteki trades you have to have a really large stop loss.. most of the new traders wiht micro accounts cant afford to do tht
BECAUSE I CAN !
  • #47
  • Dec 4, 2006 8:01pm Dec 4, 2006 8:01pm
Quoting accrete
Greetings Leo. First thanks for your kind reply, but i'm no "expert" just a DeMark follower from the first time i opened his book on TA!

And on the DeMark method? Yes Mouteki's model is loosely based on Tom's teachings, M just chose to create rules that stated to be pure Mouteki the trend lines (That DeMark calls TDTLs or TomDemarkTrendLines) MUST be placed on 4 hour charts ONLY. This is fine for those wishing to be Mpurists. I just wanted to point out that the creator of the TDTLs says they can be used on any time frame.

Different strokes for different folks as i paraphrase your last sentence.
Cheers,
Thom
Hi again Thom..
Pleased to get your response.. I havent read any of the DeMark books ( though i've downloaded several pdf of TD ). So the point is, TD which is the BASE of M can be applied on any time frame? Well, this must be a good news! I like it. I think i'm gonna read about TD Briefly.
Is there any chance where u can attach here the TD materials. It will improve our trading.


You're doin great,


Leo
Forex has never been this SO exciteD !!
  • #48
  • Dec 4, 2006 8:19pm Dec 4, 2006 8:19pm
Quoting YasirYar
hey leo.. i went thru ur document file.. i must say uve put together some work anwyays i have been testing mouteki for 3 months now.. and lately.. because of the interest rate hike and other factors on the gbp.. mouteki isnt functioning right.. y? because theres a major uptrend on the gbp.. and gbp is moving all over th eplace.. and that effects other majors because they are in direct correlation to the gbp.. also ive been looking and mouteki works better on eurjpy usdcad and audcad pairs.. i could be wrong because i dont personally trade them myself.. but what i do realize is that for most mouteki trades you have to have a really large stop loss.. most of the new traders wiht micro accounts cant afford to do tht
Hi YasirYar,

Yep, Tu as des raisons. I agree with u. When u play with Major pairs, u have to put bigger stop loss and yes, micro accounts can't afford that. This can be a hint/trick to play forex better and to minimize loss.

Thnks mate!


LEo
Forex has never been this SO exciteD !!
  • #49
  • Dec 4, 2006 8:26pm Dec 4, 2006 8:26pm
Hi all, this time i'd like to give an example of the latest usd/jpy.
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Forex has never been this SO exciteD !!
  • #50
  • Dec 4, 2006 8:29pm Dec 4, 2006 8:29pm
Or, u can draw it this way... I put stop loss @ 1.25
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Forex has never been this SO exciteD !!
  • #51
  • Dec 4, 2006 8:33pm Dec 4, 2006 8:33pm
I guess that's why they say, the forex market is for the big boys. There's a reason they let the small traders in, and that reason is simply that the smaller trader will lose to the big boys. over and over again and again. The big boys are the market makers. Market is uncontrolible for the average joe. so how to tell what the big boys are doing? volume? so far Mouteki has been giving nothing but losing trades. "sigh"
  • #52
  • Dec 4, 2006 8:35pm Dec 4, 2006 8:35pm
Another Example... TP 1.6061 SL 50 pips.
I put small quantity in every trade i has. So it will minimize loss profit, because i am a mini Trader. I have less account hehe. Sooner, i will put higher quantity.

Happy trading!


Leo
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Forex has never been this SO exciteD !!
  • #53
  • Dec 4, 2006 8:47pm Dec 4, 2006 8:47pm
Quoting yulvme
I guess that's why they say, the forex market is for the big boys. There's a reason they let the small traders in, and that reason is simply that the smaller trader will lose to the big boys. over and over again and again. The big boys are the market makers. Market is uncontrolible for the average joe. so how to tell what the big boys are doing? volume? so far Mouteki has been giving nothing but losing trades. "sigh"
Hi yulvme,

One sentence for you "NOthing's impossible in God's Eyes as long as you put your trust on HIM"
There's no looser in this game. No word for big boys. All i know is the word Experience. Experience makes us better and better each day. Unless u prefer not to learn from your experience.
Mouteki is one of the Trading methods. There are many of them. And now it's up to u to pick one of those or even more. Everyone has their own desicion. When they feel this method is allright, they'll pick it and apply it.
I guess there are many people outhere saying "This method is the greatest!" or "This is the best threads so far" blah blah blah...
See... Everyone claims that their method is the best. Mouteki is one of them, and better not to be a big MOuth and saying "hey dude, mine is better than u". I think, it's better saying "This method is profitable, and i'm gonna prove it"
That's what we have here... Giving proves that this method does actually work.
Again.. LIfe is a choice and the choice is in your hand


LEo
Forex has never been this SO exciteD !!
  • #54
  • Dec 4, 2006 8:53pm Dec 4, 2006 8:53pm
Gbp/USD is a volatile pairs. It bounches much so, put on your stop loss and get ready for TP..

I put TP 1.9865 SL 60 pips and i open buy @ 1.9790, quantity 100 ( 0r $1 ). So, if i am lucky, i will get 75 pips.

Let's see then, if this works...


LEo
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Forex has never been this SO exciteD !!
  • #55
  • Dec 4, 2006 9:36pm Dec 4, 2006 9:36pm
Quoting leo2006
Gbp/USD is a volatile pairs. It bounches much so, put on your stop loss and get ready for TP..

I put TP 1.9865 SL 60 pips and i open buy @ 1.9790, quantity 100 ( 0r $1 ). So, if i am lucky, i will get 75 pips.

Let's see then, if this works...


LEo

hmm im not critisizing leo2006 but.. arent u only putting the trades on show here which make up a minotiry of the winners lately by this method??
BECAUSE I CAN !
  • #56
  • Dec 4, 2006 9:39pm Dec 4, 2006 9:39pm
plus uve made the lines differently.. ok i am thoroughly confused i must say.. do u mind explaining?? and also do u use msn for chatting?? if so can u gimme ur hot mail email
BECAUSE I CAN !
  • #57
  • Dec 4, 2006 9:47pm Dec 4, 2006 9:47pm
for far the gbp/usd has dropped to 1.9760. where's ur stop at? 1.9730? hmm hope u make it bro.
  • #58
  • Dec 4, 2006 11:43pm Dec 4, 2006 11:43pm
Quoting YasirYar
hmm im not critisizing leo2006 but.. arent u only putting the trades on show here which make up a minotiry of the winners lately by this method??
I only attach the recent chart. It's just an example bout how i draw my line. Let's say it's just an experiment. Pls don't be confused with i've just drawn. The point is, i hope u can draw your own trend line. Do not stick into my trend line as if it should be like that and if u dont do the same, u're doin wrong.. No... I want u to be creative and make your own decision..

I dont have msn but i have yahoo messenger. Here is my yahoo id : [email protected]
I guess u can invite me when u chat.. Or u can tell me your msn id. I'll invite u...

Leo
Forex has never been this SO exciteD !!
  • #59
  • Dec 4, 2006 11:54pm Dec 4, 2006 11:54pm
Quoting yulvme
for far the gbp/usd has dropped to 1.9760. where's ur stop at? 1.9730? hmm hope u make it bro.
Yes, i put SL 60 pips so it is 1.9760. I know it is 1.9730. And it is still red now. But be patient, bro.. Remember, that u play with GBP. It is volatile, and u have to give it space to bounch. It OFTEN bounch against u before it is actually reach its target. Sometimes it needs days to wait.
It often makes me heart beating. Like "OMG, i'm gonna loose profit" But in this case, u must be ready. If u loose, accept it. U should have a good money management. U must calculate the Target Price and the Loss you might get. Are u ready for that? Is it worthy?
I suggest u play with minimum quantity 1st, so can minimize your loss Profit.

Hope this would satisfy u,,,

Leo
Forex has never been this SO exciteD !!
  • #60
  • Dec 5, 2006 12:07am Dec 5, 2006 12:07am
Here is my latest Positions. This is just to open your eyes that i am not perfect. I dont have those "green" in all of my positions. Look! I have those "Red". Based on my experience, it often likes that before finally it turns green So, again it's a matter of patience. If i see my positions.. Ok, they are red now. And if they reach my SL, I am gonna be ready for that...


Cheers,


LEo
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Forex has never been this SO exciteD !!
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