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  • #101
  • Aug 30, 2008 7:43am Aug 30, 2008 7:43am
I'm sorry, but I am totally not agree with your use of the fibonnacci expansions. ( I will be seen as a critic person with my first post and this one but I can assure you it's not my purpose !!! )

For my understanding of fibonnacci expansion ( I could be wrong ... ) It have 3 points or parametres to place on the graph :

. One at the bottom of the move
. One a the top of the move

Two same points like for the Fibonnacci Retracement ( You did well this two points )

. And the third point at the top or bottom ( depending on the direction of the impulsive wave ) of the retracement ( top for descending impulsive wave, bottom for ascending impulsive wave )

The purpose of the fibonnacci expansion is for the well known formation AB = CD, so the 100% expansion spot is the most important corrresponding at this famous formation. But the 61.8 and 161.8 are very important too as they are the variation of this formation.

( You would find a very good thread on the system forum named A,B,C,D 1,2,3,4 something like that ... for the trading of this formation )

I've not seen you place the third point as you have to. I could be wrong but I think your example is a little bit no sense am I wrong ?

So it's possible I'm totally wrong as I've learn all this stuff by myself and my own experience. Correct me if it's the case.


PS: Sorry for my english
  • #102
  • Aug 30, 2008 8:04am Aug 30, 2008 8:04am
Quoting kill_the_dj
I'm sorry, but I am totally not agree with your use of the fibonnacci expansions. ( I will be seen as a critic person with my first post and this one but I can assure you it's not my purpose !!! )

For my understanding of fibonnacci expansion ( I could be wrong ... ) It have 3 points or parametres to place on the graph :

. One at the bottom of the move
. One a the top of the move

Two same points like for the Fibonnacci Retracement ( You did well this two points )

. And the third point at the top or bottom ( depending on the direction of the impulsive wave ) of the retracement ( top for descending impulsive wave, bottom for ascending impulsive wave )

The purpose of the fibonnacci expansion is for the well known formation AB = CD, so the 100% expansion spot is the most important corrresponding at this famous formation. But the 61.8 and 161.8 are very important too as they are the variation of this formation.

( You would find a very good thread on the system forum named A,B,C,D 1,2,3,4 something like that ... for the trading of this formation )

I've not seen you place the third point as you have to. I could be wrong but I think your example is a little bit no sense am I wrong ?

So it's possible I'm totally wrong as I've learn all this stuff by myself and my own experience. Correct me if it's the case.


PS: Sorry for my english
I would have to agree, but nevertheless I'm very curious as to how Mouteki actually uses it once he explains it all. Perhaps us fibsters will learn something new or be able to see this in a different perspective. So Mouteki please continue with the teaching...


Impulsive wave methods:

http://www.forexfactory.com/showthread.php?t=75922

http://www.forexfactory.com/showthread.php?t=100929
  • #103
  • Aug 30, 2008 8:19am Aug 30, 2008 8:19am
Quoting Aad
I would have to agree, but nevertheless I'm very curious as to how Mouteki actually uses it once he explains it all. Perhaps us fibsters will learn something new or be able to see this in a different perspective. So Mouteki please continue with the teaching...


Impulsive wave methods:

http://www.forexfactory.com/showthread.php?t=75922

http://www.forexfactory.com/showthread.php?t=100929
I have never said I am not interest about the new mouteki method, as I have learnt lot of things in his first. I'm very impatient too !!
  • #104
  • Edited 9:47am Aug 30, 2008 9:16am | Edited 9:47am
Quoting kill_the_dj
I have never said I am not interest about the new mouteki method, as I have learnt lot of things in his first. I'm very impatient too !!

He he, yup I'm sure many of us are impatient and also eager to possibly learn new things and maybe acquire a new point of view to put into our trading tool box...
  • #105
  • Aug 30, 2008 9:40am Aug 30, 2008 9:40am
Quoting VitaminBeer
Heyas,

I am liking the whole fib thing - however I'm still trying to come to grasps with how it works completley, I'm guessing we wait as the movies keep on coming. But in the mean time I am sitting here doing the retraces etc on my charts and it might go in an up trend and then the next fib retrace you setup it will blow out in the wrong direction past 100%, do I assume that it's a miss or what? am I missing something or not understanding something? Do you make a trade in the opposite direction if it goes to 100%? Sorry for all the questions I'm just hungry for more information on how all this works.

I have tried searching on google and stuff for more information, it's not really making a lot of sense. - If some one with fib experience could please give me a few pointers as I am missing out on what's being spoken in the movies cos I can't hear, only see what he's doing.
Right now we only have a small piece of how Mouteki trades successfully each day...not every retracement or expansion work every time...I am sure that as he produces more videos we will learn how to effectively use these tools as he does.
I also think the KEY thing to remember is that he is a successful trader and has been for a while...it also appears that he has no agenda in teaching us his methods other than to help others be as successful as he is.
He mentioned that his father has traded currencies for 18 years...I am curious how he trades also...interesting!
  • #106
  • Aug 30, 2008 10:20am Aug 30, 2008 10:20am
In the final analysis, it is by the degree of authenticity of our faculty that we mean in knowledge - to start sharing information - and succeed our degree of evolution.

Great work Mo, a big thanks too from my part


i hope stuff will be more detailled after basic stuff


Greetings
  • #107
  • Aug 30, 2008 4:37pm Aug 30, 2008 4:37pm
I've been a lurker on this forum for a long time and just recently decided to become an active member. I trade not only the Forex market but the S&P 500 and Russell. I have learned quite a bit from Mouteki in his original trading style and am just as eager as everyone else to see what's next. I think what we all have to understand is that Mouteki is going over some basics here in regards to fibs for the simple reason that some people may not fully understand that fib retracements do in fact work if applied properly. I always find it easier to take a slow and steady pace when learning a new trading strategy as opposed to a "fast and loose" approach. I've tried "fast and loose" and it drains your account very fast. I think we will all benefit in the long run by going slowly. Just my 2 cents worth.
txtaz
  • #108
  • Aug 30, 2008 6:34pm Aug 30, 2008 6:34pm
Quoting txtaz
I've been a lurker on this forum for a long time and just recently decided to become an active member. I trade not only the Forex market but the S&P 500 and Russell. I have learned quite a bit from Mouteki in his original trading style and am just as eager as everyone else to see what's next. I think what we all have to understand is that Mouteki is going over some basics here in regards to fibs for the simple reason that some people may not fully understand that fib retracements do in fact work if applied properly. I always find it easier to take a slow and steady pace when learning a new trading strategy as opposed to a "fast and loose" approach. I've tried "fast and loose" and it drains your account very fast. I think we will all benefit in the long run by going slowly. Just my 2 cents worth.
AMEN!
  • #109
  • Aug 30, 2008 7:54pm Aug 30, 2008 7:54pm
Never understood why a measured move is referred to as AB = CD and not the other way around because it is the 2nd swing (CD) that is measured against the 1st (AB).
  • #110
  • Aug 30, 2008 8:24pm Aug 30, 2008 8:24pm
I guess we need to be a bit more patient and with time we'll see if this approach to fibs is connected with the rest of the methodology/technique. I believe this is the case. I am using successfully fibs and S/R with no permanent indicators, so this subject is of a great interest to me. There is always a plenty of space for improvement.
  • #111
  • Aug 31, 2008 1:59pm Aug 31, 2008 1:59pm
Good Afternoon...

This is Mouteki's partner over at FX Gemini.

I just wanted to inform you that today I'm going to be messing around with my new domain "forexgemini.com" and my new hosting server.

As of right now, forexgemini.com is up and running. However, if you happen to try and go to the site today and nothing is there...don't be alarmed.

We're just trying to transition everything perfectly so we can add even more value for you guys.

Just thought I'd drop in and let you know. Hope you love the video's as much as we love making them!
  • #112
  • Aug 31, 2008 10:43pm Aug 31, 2008 10:43pm
Moutekitrader I have a question so i can stay updated to your postings of your videos are u waiting a certain amount of time in between to post the videos if so whats the time frame?.....
  • #113
  • Sep 1, 2008 1:25am Sep 1, 2008 1:25am
Quoting grant_thms
Moutekitrader I have a question so i can stay updated to your postings of your videos are u waiting a certain amount of time in between to post the videos if so whats the time frame?.....
A few members have asked me the same question...A few suggested to put a email alert for when i post new videos.

I think this would be the best way to alert thread followers of updates, since my posts may get buried in the thread....

What do you all think...im always open to suggestions?

I could add an email list to my blog if that would be helpful and send out an email when i add new material.

Also, to everyone as anxious to learn as I am to teach...I will be laying out the system very soon. I am in the process of editing a 40 min video presentation for you all that will be hitting the blog soon...

Keep it real...Happy Trading
  • #114
  • Sep 1, 2008 7:02am Sep 1, 2008 7:02am
The e-mail list is a great idea. People can then just wait for the e-mail. Count me in.
txtaz
  • #115
  • Edited 8:25am Sep 1, 2008 7:52am | Edited 8:25am
My vote would go for the email list or a 'newsletter' like Lance Beggs does. (it's really just an html version of his blog post- here's an example) . You may want to take a look at the structure of his videos and how he uses the pointer to make it easy to follow along.

It would be a nice option to send an SMS email text message so it'll go to our phones. I'm subscribed to the rss now but that has to be checked. I see you are using wordpress for your blog. Here's a link to the plugin.

Let me know if I can help...I have experience with video editing and html.
  • #116
  • Sep 1, 2008 7:54am Sep 1, 2008 7:54am
The name Mouteki brings good memories of a good system.
Let's see what you do with Fibonacci ...
Thanks
"It's choice - not chance - that determines your destiny"
  • #117
  • Sep 1, 2008 8:10am Sep 1, 2008 8:10am
Count me in for the email idea
  • #118
  • Sep 1, 2008 9:21am Sep 1, 2008 9:21am
Quoting moutekitrader
A few members have asked me the same question...A few suggested to put a email alert for when i post new videos.

I think this would be the best way to alert thread followers of updates, since my posts may get buried in the thread....

What do you all think...im always open to suggestions?

I could add an email list to my blog if that would be helpful and send out an email when i add new material.

Also, to everyone as anxious to learn as I am to teach...I will be laying out the system very soon. I am in the process of editing a 40 min video presentation for you all that will be hitting the blog soon...

Keep it real...Happy Trading
What about RSS ... wouldn't that make more sense for a blog?

Or perhaps just a posting here that something new has been added and FF will notify anybody who subscribes to this forum automagically. ;-)
Just my 2 pips worth
  • #119
  • Sep 1, 2008 11:53am Sep 1, 2008 11:53am
Hi Mr Mouteki,

welcome back. I want to tell you that I have been learning tremendous amount of valuable information from your old thread few years back. You are a great asset to the forex community.


The BURNING QUESTIONS I want to ask and hope u can answer is this...

---- So what is your opinion of your old Mouteki Method now?
---- Does the old method still work? Or should we discard it immediately?
---- I guess that this new system is BETTER than the old mouteki method?

I understand you do not want any distractions from the old method, and I do not want to harp on it either, but if you could answer these questions once and for all it would be of great help.

Thanks and God Bless..
  • #120
  • Sep 1, 2008 2:17pm Sep 1, 2008 2:17pm
Hi Mouteki, it's great to see you again.

First of all I wan to thank you for share your great system with all of us, and Congratulations!!! for your videos.

Please let me asking something, I'm really fun of Fibo, but something it's difficult to me see when I need to "move" my levels... Let me show you some pictures...

In the Chart below, I draw a Fibo and also the Exp., and as you can see the Fist TP (0.618 of Fibo Exp.) was reached after a classic retracement to 61.8 . But... when I "move" the Fibo Levels??
Attached Image (click to enlarge)
Click to Enlarge Name: fibo i.gif Size: 12 KB
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