Thanks Greywolf238 and Peikko for addressing my problem.
Herty
Herty
Up on my soapbox .... mouteki method 59 replies
bo7a method... method for GBP/JPY 205 replies
Jumper's journal of Mouteki trading 74 replies
Nchosen's trades by Mouteki rules 153 replies
Looking for Mouteki method EA 1 reply
DislikedGive a man a fish.....feed him for a day.
Teach a man to fish....feed him for a lifetime.
Friend; here's how to fish:
1) Read thread
2) Watch videos as they are introduced.
3) Continue to read thread.
4) Test.
5) Test some more.
6) Come back and ask any SPECIFIC question you have....many fine folks who will help you with that.
Not sure there are many that are going to spend THEIR time to put into writing what is discussed over the course of 10-11-12 videos. Of course....I could be wrong and maybe someone will do just that. Of course.....then you don't know for sure if THEIR understanding, which they gave to you, is the CORRECT application of what is shown. Of couse.....you can bypass this particular dilemma by going to what I mentioned earlier.....and......
1) Read thread
2) Watch videos as they are introduced.
3) Continue to read thread.
4) Test.
5) Test some more.
6) Come back and ask any SPECIFIC question you have....many fine folks who will help you with that.
P.S. I'm sure many will view it that way but this is not meant sarcastically. Just found that learning to fish is better than getting handed fish.....Ignored
Disliked@ OzzieDave,
I hate to ask, but can you share your TSR Daily Range indicator?
Thanks in advance,
TimeFreedomIgnored
DislikedCurrent set up that i see for a short on the EUR/CHF with resistance at the 50% level. I'm wondering if it will hit the 233 fibo sequence level then retrace south ?Ignored
DislikedHi Every one,
Just to finish off what I've been showing about the EUR chart. As you can see the EUR has retraced back down to the 38.2 retracement level (1.4032) of the last swing high. So combine this with the fact that price has taken out the 233 fib zone it would seem logical that we're headed to the 377 fib zone. Now take a look at how many confluences we find within a few pips of the 377 fib zone, we have the 100 expansion level of the last swing high (orange dotted line), and a very strong resistance level identified from the daily chart (yellow line). Oddly enough, if you remember in Mouteki's early videos he analysised the EUR and started the zero point from 1.4307 looking at the down trend move. If you draw a fib retracement from point zero 1.4307 to the current swing low @ 1.3879 you will see that the 38.2 retracement of the original down move is at 1.4270 and the 610 Fib zone from the down move is at 1.4297. Is that freaky or what? In my last few posts what I was atempting to show every one was that you can also use the fib zones and retracements to identify that the rettarcement from the 987 fib zone back to the 610 fib zone is underway. Keep in mind that the 987 fib zone is @ 1.3920 and price turned around and started the up move @1.3879.
So based on my analysis I would say that if the original 610 Fib zone from the down move holds we would be headed back down to the 1597 fib zone. Keep in mind that price may retrace higher than the 610 fib zone of the last down move and then turn and resume the down move. I may be all wrong but there is a good chance thet price may move up to the 377 fib zone of the down move @ 1.4530...only time will tell.
I think this is very powerful tool if you get your head wrapped around the concept.Ignored
DislikedOk here is v3, you can change line style and all other style option.
The lines won't change if you change timeframes on the same chart. Closing mt4 and reopening though will. I could code it so it would keep it's level when you close and reopen mt4, but A. that's making it more complicated than it needs to be and B. having to reposition it if you close and reopen mt4 isn't a bad thing imo, it forces you to reanalyze your charts.
Now if we wanted to get really freaky, I could add alarms, make each line level type, width and color adjustable, add email alerts etc..... However spending that kind of time and making it that complex seems a bit much for a simple level indicator.
I might mess with adding those features when I have time. For now this version pretty much fits the job.Ignored
Dislikeddoes anyone else have this setup its retracing from 161 extension and the 987 fib zone i am expecting it to retrace to either 610 zone which is 38% retracement of the current move or the 377 zone and 61%retracement then going short looking on forex factory there is news for the nzd in red so it will be intresting to see what happensIgnored
Disliked
I have the impretion that many enjoy the videos as a form of learning, but at the same time I feel that people may need change to keep them interested...
If anyone has a idea on how to present this data other than video, please...drop me a pm and let me now whats on your mind...Ignored
DislikedHi,
hint : what is the difference between the first 3 videos and the next ones ?
Response : Organisation.
The first 3 videos were well organised with a clear plan from start to end. No hesitation in the speech, no problems on the charting.
The next videos started was more on the fly without a clear plan, hesitation on the speech (blanks while speaking and other non ending sentence etc...) and problem with the charting.
I dont blame you for this as it takes you time to do the videos and you dont owe us anything so it's really kind of you to do them (i uses fibs personnaly and your add on with expansion gave me some ideas to implement )
So this will be me advice for the next video like in trading : Have a planIgnored
DislikedHi Melphoes,
Mouteki is not a professional speaker he's a trader who is trying to helps us all trade better. My suggestion would be to NOT..be critical of anything that is given away for free and with good intentions.Ignored
DislikedHi Melphoes,
Mouteki is not a professional speaker he's a trader who is trying to helps us all trade better. My suggestion would be to NOT..be critical of anything that is given away for free and with good intentions.Ignored
DislikedI'd actually rather it be like this it sets a more informal pace for me and really makes it easy to understand. I can't really explain how... it makes him seem much more human and that is important because it creates a connection with the viewer.
While others might want some hollywood script I think it is perfect the way it is. Keep up the great work Mouteki!Ignored
DislikedMouteki was asking for advice on how to keep the viewer interested in what he is doing. This is what i did. But i totally understand your point of view.
Critisizing without giving constructive advices is lame and i dont think that is what i did.
Please have a look on the sexy stochastic thread. I spent a lot of time making indicators, pdf file, giving advice and taking critics so i'm pretty sure Mouteki wont take my critics badly
So it seems it depends on the person thenIgnored