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New Mouteki Method...

  • #821
  • Sep 20, 2008 12:26pm Sep 20, 2008 12:26pm
Hey guys

Maybe what determined the new price direction is the new fundamentals that came into play such as retracements in prices of oil.
  • #822
  • Sep 20, 2008 3:59pm Sep 20, 2008 3:59pm
if the situation has changed , and we are trying to make money from this correction \ retracement \ reversal or what ever that is , I found some pairs that looks very very interesting -
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  • #823
  • Sep 20, 2008 4:56pm Sep 20, 2008 4:56pm
After listening to Mouteki's Fib and Fundies video I decided to take a look at the CHF and try to determine possible short entry points. So pull up a 1hr CHF chart and follow along. We've taken out the 377 fib zone and we've retraced back to the 144 fib zone. Mouteki got in around the 144 fib zone and I'll assume most of us didn't go short at that point. I've pulled a fib from point A to point B because it looks like we are going to get a retracement here. Now what we are looking for is point C to enter. When I look at this chart the best possible point C is 61.8 retracement level of the orange fib which just happens to be clustered with the 233 fib zone and the 38.2 fib retracement level of the fib pulled from the zero fib zone to the swing low @ 1.1056. Now for some reason you miss this entry I would get in at point D when the swing low is broken to the down side. If price goes above point C I would wait until price comes back down under point C and re-evaluate where a short entry point might be at that time.
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  • #824
  • Sep 20, 2008 6:23pm Sep 20, 2008 6:23pm
Nice video I was looking at a old Fib I had drawn on a 12 hr chart and I was going to go long and then I saw your video and looked at the calendar and I could tell there was going to be a lot of bad news for the USD, so now I'm not.

Exist home sales still could be a bite in the butt, because I recently moved and now like after I been out here for 3 months and there was bunch of foreclosures, just this month there has been like 3 new families moving in.
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  • #825
  • Sep 20, 2008 8:22pm Sep 20, 2008 8:22pm
Greetings Friends,

New material has been added to the blog if you haven't realized...

Hope you enjoy,

-Mouteki
  • #826
  • Sep 20, 2008 8:29pm Sep 20, 2008 8:29pm
Quoting moutekitrader
Greetings Friends,

New material has been added to the blog if you haven't realized...

Hope you enjoy,

-Mouteki
Thank you soo much !
  • #827
  • Sep 20, 2008 8:33pm Sep 20, 2008 8:33pm
Quoting Fx Pipin
Thank you soo much !
No Problem BOSS...You guys(forum) keep up the good work and so will I...

Peace,
-Mouteki
  • #828
  • Sep 20, 2008 9:00pm Sep 20, 2008 9:00pm
Quoting moutekitrader
No Problem BOSS...You guys(forum) keep up the good work and so will I...

Peace,
-Mouteki
Mouteki,
Correct me if i am wrong on your website under current set up you have NZD/USD as neutral. According to my analysis i see harmony for a long just look at my chart and you will see great respect @ 61.8 fib retracement level and overlapping of 161expansion with 610 fib sequence level for a target.

On the daily the candle did not close under the 61.8 retr level.
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  • #829
  • Sep 20, 2008 10:11pm Sep 20, 2008 10:11pm
Treasury seeks a $700 billion dollar bail out for US financial companies,

Here is a link for more info....

http://www.bloomberg.com/apps/news?p...eAg&refer=home
  • #830
  • Sep 20, 2008 11:33pm Sep 20, 2008 11:33pm
Thank you Mouteki for your latest addition of videos, I have learned so much from your videos since the beginning. I think you have one of the many workable methods in this forum, personally I like your method very much, couple with good money management, trading psychology and rationale. I believe a lot more people will be successful.

I really appreciate all your effort.

Thank you very much.

Best Regards
  • #831
  • Edited 4:48am Sep 21, 2008 4:08am | Edited 4:48am
Quoting Fx Pipin
Mouteki,
Correct me if i am wrong on your website under current set up you have NZD/USD as neutral. According to my analysis i see harmony for a long just look at my chart and you will see great respect @ 61.8 fib retracement level and overlapping of 161expansion with 610 fib sequence level for a target.

On the daily the candle did not close under the 61.8 retr level.
I found this information on my charts this is bearish butterfly pattern in H1 and bearisch gartley pattern in H4 so i think we have to pay attention here.
Either we retrace immediatly and go up again or we reach 0.7045 level and retrace.
All NZD crosses show this behavior at the moment. Any thoughts?
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  • #832
  • Sep 21, 2008 4:33am Sep 21, 2008 4:33am
concerning this last video,

let me know if I understood it correctly , what Mouteki showed is that we can trade also the corrections inside bigger moves?

meaning - that we are still looking at the usd\chf to upper points then the 1597 , but we are now trading the retracement ?
or we no longer see this pair long and we only see it for short , as long the harmony & fundies are there ?

hope I made my self clear ,

hope for your comments.
Barak
  • #833
  • Sep 21, 2008 4:35am Sep 21, 2008 4:35am
now the eur/usd setup has been changed...it's no more south but north...mouteki please tell us how do we know when there's a change of trend...
  • #834
  • Sep 21, 2008 7:36am Sep 21, 2008 7:36am
It's good Mouteki feels the USD/CHF is heading down because otherwise I may have come to this chart conclusion. The catch in my eyes being the USD has been defying fundamental logic..... we have been told the forex market is too big to be manipulated, do you still believe that.......... ha ha. I want to thank copi88 for posting that link, very interesting reading.

Dean.
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perception is reality
  • #835
  • Sep 21, 2008 8:05am Sep 21, 2008 8:05am
Quoting Potax
now the eur/usd setup has been changed...it's no more south but north...mouteki please tell us how do we know when there's a change of trend...
I believe what caused the change in trend is the weakening in the us dollar because of several negative fundamentals that accrued for the US ,for example the prices of oil greatly affect the dollar as i learn from Mouteki , also the fact that there is also harmony to go north. I myself strongly believed it was heading south but i did not look at the fundamentals.
  • #836
  • Sep 21, 2008 8:10am Sep 21, 2008 8:10am
Quoting denkhaus
I found this information on my charts this is bearish butterfly pattern in H1 and bearisch gartley pattern in H4 so i think we have to pay attention here.
Either we retrace immediately and go up again or we reach 0.7045 level and retrace.
All NZD crosses show this behavior at the moment. Any thoughts?
Good point but another reason i think to go long on this currency pair besides of harmony is that we are shortening the dollar because of fundamentals unless there is also negative news that may affect NZD against the dollar.
  • #837
  • Sep 21, 2008 9:13am Sep 21, 2008 9:13am
Hello everyone,
It looks like the USD/CAD is setting up.I am waiting for a retracement to the 38.2 which is overlaping the 233 fib zone.I will set up a scout here as mouteki says.That's over 350 pips to the 610 fib zone.
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  • #838
  • Sep 21, 2008 11:53am Sep 21, 2008 11:53am
Quoting jlmac27
Hello everyone,
It looks like the USD/CAD is setting up.I am waiting for a retracement to the 38.2 which is overlaping the 233 fib zone.I will set up a scout here as mouteki says.That's over 350 pips to the 610 fib zone.
Yea i am hoping for a retracement to that level for a good entry. Now there is a possibility that it can also retrace to the 61.8 fib retracement which overlaps the 144 level. Ill be wacthing this pair.
  • #839
  • Sep 21, 2008 2:39pm Sep 21, 2008 2:39pm
Actually this pair can really pontentially hit the 61.8 retracement. The reason i think that is becouse there is going to be a negative news event for CAD on Monday @8:30 est Core Retail Sales m/m with a previous of 1.4% and a forcast of 0.3%
  • #840
  • Edited 4:20pm Sep 21, 2008 3:45pm | Edited 4:20pm
hey guys ,

I've just looked at a pair that I've been watching for a while gbp\chf , and it got to target ... I wish it wouldn't stopped me out with this tailled candle since I got into long as I saw the 61.8 respect ... but it cheers me up that I could analyze this move.

after watching all the videos for the 3rd time , and I did discover some stuff I did not payed attention to in the first and in the second time ... it's really important to watch it several times to pick up all the nueances - I hope that in the pdf file there will be all rules of this method.

and let me say - wow , look at usd\cad , looks perfect , where do you suggest go into short?

any way - Mouteki , you are the man!!
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