New Mouteki Method...

Here is a link to more about fibonacci numbers, it is from wikipedia.

http://en.wikipedia.org/wiki/Fibonacci_number

Fib numbers are not time-dependent so the preferred timeframe is the one you trade.

Like any trade technique there are less false signals the further out in time you use them for.

I'm speechless...that was the greatest response to a question ever...

That's why I love this forum, when people work together they help each other out...There are many wise traders lurking these waters, hopefully we can unite to create a great foundation for those not so familiar with our territories...

Keep up the good work, i'm loving the positive tone the thread has set...

I'll be posting a new video shortly...

For the vids Mouteki, very interesting

C

Very interesting stuff indeed Mouteki, it definitely gave me a different perspective so please keep it coming...

Just posted the latest video on my blog http://www.forexgemini.com

It re-enforces the whole process of technical analysis that we introduced in the first Forex Truth video.

Hope you enjoy...

-Mouteki

hi ,

thanks for that powerfull information , it is so interesting - I guess I will google for that fibo no. , maybe it is to early to ask - but ,how you use all of this to recognize a market reversal ?

thank you ,
Barak.

I love ur approach to Fibonacci. Thank you for the vids and for sharing...I have watched all up to the newest one just now, when u went through USDCHF.

I have one question....how do u pick a starting point? Do we have to always look for all time lows and highs?

thank you in advance,

Nick

Hi Mouteki,

Have a question about pulling fibs in your video. When the market hits its all time high at 1.6038 why would you all of the sudden start pulling your fibs for a down ward move. At that point in time a move down would be just considered a pullback and you would still be looking to go long. You would start pulling a short fib after the break of 1.5778. When your moving up like that you have no reason to start pulling a short fib when it hits the all time high. So this point confuses me.

Another question I have is do you need to all time high or low points to start to pull your fibs from? The examples you gave Eur and CHF where both all time highs and all time lows.

Hi, yes, i thought about the same question - how you use all of this to recognize a market reversal ?

Thanks.

Best wishes,
Tom

Could some one build an indicator to those fib zones 144, 233 etc.? I would really appreciate it.

Thanks Mouteki, really good stuff!

It's said several times in the video. You draw new extentions when backward move respects retracements. If it moves down further with no respect for the lines it means that there probably won't be new upward move. (oposite for the down trend)

Watch carefouly that Mouteki doesn't draw extentions and retracements on every single small top. It's there only when it respects the numbers.

PS. Thanks a lot Mouteki for theese videos. There is a lot to learn here. And possibly a lot to earn


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Sorry for my bad english.

here's a gbp/usd chart. any critiques would be great.

hi again ,

sorry for all these questions - but I'm so into it , here is the usd\chf 30 mn chart , what I see here is retracement to the 50 fib , and I put the fib exp.
Is it correctlly drown ?

I have!!

Truly outstanding work - it is the first time that I've heard of this use of the fibonacci sequence as a stand-alone price forecasting tool - although many have used it for timing. Thanks for sharing it here in FF.

I await with huge interest your videos explaining your use of fundementals AND volume.

Regards

Issy

great job and smart way to come up with a new system..looking forward to seeing more about the way you trade on this..
(my trading method works with elliot waves..what i see here is that this system would work perfect with elliot waves)

Would you please confirm how you draw Fibonacci sequence. I use fib channel tool with # starting from 0-144 ....and take HH and LL of the first swing would that be correct?

I tought its from the starting point of the fib retr.?

hi to all
just I want to show you the magice of EX fibonatci levels and TARGET ZONES.

CLV8, H1

Greetings fx friends,

I see several people have posted questions in the forum pertaining to the new method...

Honestly, between making videos and editing, I don't have much free time at all to spend answering questions in the forums...

I believe the best way to address this issue for both you and me is to do a daily video review, and in that review I will do my best to answer questions posted in the forum...

I strongly suggest watching both Forex Truth videos more than once because the answer to your question most likely lies within the material covered in the videos...

If you haven't seen the first two videos in the Forex Truth series be sure to catch up with the rest of us...you can view them on my blog: http://www.forexgemini.com

For organizational purposes, I will be adding a question and comment section on my blog...

Instead of digging through the post in the thread to find a general overview of the questions the forum is asking, it will be much easier for to just check the questions section on my blog...

Remember, we are all human...if I don't address your question in the first video ill try to get it in the next...Please don't think I'm blowing your question off, I'm sure there will be many questions...I'll do my best to answer them all...

Well then, with that said...I am off to my bunker to pound out the next video in the Forex Truth series...

As Always...Happy Trading,
-Mouteki