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New Mouteki Method...

  • #381
  • Sep 9, 2008 10:31am Sep 9, 2008 10:31am
Quoting sotos
Ιt's up to you..and I also agree, However Mouteki is delivering a method which is trying to "predict" the future movements, based on the past from a particular O point onwards, (to the right) so your remark might complicate, a little, the things in case of newbies.. lol
Yes, but it does apply to what Mouteki is teaching and can give people extra confidence. Take the 1st or 2nd fib (I forgot which) he drew on the 4h EURUSD chart in his latest video. Then extend the upper fibs to the left. See how the 423 and 261 very nicely show resistance and support? (the 423 being resistance to the all-time high). This gives you confirmation that you're drawing the fibs correctly, even before any retracement has taken place.

I'll also delete my posts if Mouteki feels we're going off on a tangent here.
  • #382
  • Sep 9, 2008 10:32am Sep 9, 2008 10:32am
Quoting watsone
I'm following this thread with great interest but as far as i know the relevance of time has not been mentioned,advocates of Delta and Market Matrix(Steve Copan) suggest that time is more important than price ie that market turns are dictated by time rather than price,fibonacci time analysis being used as well as a confluence of other factors to pinpoint turns,be interesting to have some members opinions on this or am i getting in too deep?!
Thank Mouteki for fascinating thread

Regards Edward
Not too deep for me as I've been attempting to find a methodology for timing that I can apply to my trading - more than 15 years ago I tried Delta - without much success - and more recently have worked with some of Earick Bean's esoteric ideas using Wave 59.

The gold time lines on this chart are from a much simpler use of the Lucas Sequence which seems to have some merit.....will 17:35 or 20:45 hold the Dax......Time Will Tell......

Edit: I realise that this post is rather "off piste" but as this thread is about new ideas I thought this might be of interest to some traders......
Attached Image (click to enlarge)
Click to Enlarge Name: sep 9 dax 5m 1720.gif Size: 18 KB
Trading Levels with WRBs
  • #383
  • Sep 9, 2008 11:48am Sep 9, 2008 11:48am
Pull Up a 1h chart eur/gbp and apply the fibs down from last week high ... and due to the low volatility of this pair add the 55 & 89 ... amazing respect !!!!
Mr Mouteki ... am I on the right path ?
Any thoughts ?

realtime analysis are not so easy, you have to be right on your chosen swings so i could be wrong !
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.gif Size: 23 KB
  • #384
  • Sep 9, 2008 11:53am Sep 9, 2008 11:53am
Can someone help and translate Fib Levels Indicator to a Metastock indicator?

Thanks for your help!

Pip
Attached File(s)
File Type: ex4 Fib Levels.ex4   13 KB | 375 downloads
  • #385
  • Edited 12:17pm Sep 9, 2008 11:53am | Edited 12:17pm
Mouteki, thanks a lot for your videos, I'm trying to learn as much as possible.

Here's a 4h eu chart, now it looks like it (almost) respected the 50 retracement, does that count? If so, do we now expect it to hit some of the next zones?

Edit: please ignore the white numbers.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 16 KB
  • #386
  • Sep 9, 2008 12:14pm Sep 9, 2008 12:14pm
Moutekitrader

It would be nice if you have a video which looks at a current pair explaining the use of fibonacci and your viewpoint for the current day, and then have a continuation the next day for that same pair continuing from where you left off.

I believe at least you will be able to get all on the same page.... What do you think?
  • #387
  • Sep 9, 2008 12:28pm Sep 9, 2008 12:28pm
Quoting et_phonehome_2
Moutekitrader

It would be nice if you have a video which looks at a current pair explaining the use of fibonacci and your viewpoint for the current day, and then have a continuation the next day for that same pair continuing from where you left off.

I believe at least you will be able to get all on the same page.... What do you think?
I second that!! Your videos are great, Mouteki--learning a lot.
  • #388
  • Sep 9, 2008 2:04pm Sep 9, 2008 2:04pm
Hello,
What is your opinion, 50 fib level and go down now? with the mayor down trend.

See the Stoch

Sorry my english is bad.
Attached Image (click to enlarge)
Click to Enlarge Name: chartfib.jpg Size: 160 KB
  • #389
  • Sep 9, 2008 2:06pm Sep 9, 2008 2:06pm
Quoting altezza.cl
Hello,
What is your opinion, 50 fib level and go down now? with the mayor down trend.

See the Stoch

Sorry my english is bad.
What currency pair is that?

If we knew, maybe we could help...
  • #390
  • Sep 9, 2008 2:11pm Sep 9, 2008 2:11pm
first, thanks for your videos they have been very helpful to me!

I think that it is the GBPUSD as it looks almost identical to what I have on my screen. Looks like it repsected the 50%. fib retracement.


Quoting moutekitrader
What currency pair is that?

If we knew, maybe we could help...
  • #391
  • Sep 9, 2008 2:31pm Sep 9, 2008 2:31pm
Quoting moutekitrader
What currency pair is that?

If we knew, maybe we could help...
GBP USD.
THANKS
  • #392
  • Sep 9, 2008 3:07pm Sep 9, 2008 3:07pm
Quoting moutekitrader
What currency pair is that?

If we knew, maybe we could help...
what's up?

I loved your last video .

In the first video you also talked about that you're using fundamentals and volumes , I am realy looking forward for your video about that , thank you so much for you great work.

By the way did you take the short on nzd\chf?

Thanks ,
Barak
  • #393
  • Sep 9, 2008 3:08pm Sep 9, 2008 3:08pm
I must admit I was a skeptic at first on this but your videos are wonderful and your teaching brilliant. Well done Mouteki!! Many blessings to you for giving out so freely.
  • #394
  • Edited 3:50pm Sep 9, 2008 3:40pm | Edited 3:50pm
Quoting topdogg
Thanks for these indicators.

Also, is it possible to make these indicators so that u can select what fib sequences u want, and what you dont want? For eg. say if i want from my start price to plot sequence 13, 89 and 610 only, and on my other chart i want to plot 55, 144 and 377, etc. (skipping a few, or not) - can such coding be done?

So basically, what i am asking for is: smaller fib sequence numbers be added (maybe not from 1, but say from 21 onwards); AND we can have the choice of plotting selected sequences (maybe just code for the first 20 fib sequences, not including 0,1,1,2,3,5,8,13).

That would be great!

Thanks!
No problem. I made the indicators so they can be easily modified. Here's an example of a level:

double price4=Price0 + 0.0377;
ObjectCreate("Level_377",OBJ_HLINE,0,0,price4);
ObjectSet("Level_377",OBJPROP_COLOR,DodgerBlue);
ObjectSet("Level_377",OBJPROP_WIDTH,3);

You can see that the line is nothing more than Price0 (your zero level) plus(or minus) whatever level you want. I also made it so you can change the width (OBJPROP_WIDTH,3(the size)) and color of each line. The Level_377 is the name that appears when you mouseover the line. Rename price4 to something that is not already used. Put in or remove whatever you want and recompile.
  • #395
  • Sep 9, 2008 4:02pm Sep 9, 2008 4:02pm
I'm just curious whether respect for fib retracements, fib zones, and fib extensions should be treated with equal weight.

I understad that overlapping areas are strong indicators, but do we always look for a pull back to a zone before we can break the next zone?

Or can we treat a bounce off of a fib retracement after hitting the 377 without retracing to 233 should stil have us aiming for 610.

Thanks for any help.
  • #396
  • Sep 9, 2008 4:13pm Sep 9, 2008 4:13pm
Hi, did we get the video recap today. I do not see posted on website. Thanks.
  • #397
  • Sep 9, 2008 4:32pm Sep 9, 2008 4:32pm
Forex Truth 6 is the latest one today.

Quoting Bucko6667
Hi, did we get the video recap today. I do not see posted on website. Thanks.
  • #398
  • Sep 9, 2008 4:37pm Sep 9, 2008 4:37pm
Quoting Bucko6667
Hi, did we get the video recap today. I do not see posted on website. Thanks.
In the process of completing today's video update...Forex Truth 7

You can find all the videos on my blog including the last update Forex Truth 6... http://www.forexgemini.com


Cheers, Happy Trading,
-Mouteki
  • #399
  • Sep 9, 2008 4:50pm Sep 9, 2008 4:50pm
Thanks for the reply. I appreciate.
  • #400
  • Sep 9, 2008 5:26pm Sep 9, 2008 5:26pm
Hey anyone have an indicator they care to share that plots all the zones there was on here before it was pretty good just needs the extra zones

thanks!
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