New Mouteki Method... | Page 66 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: New Mouteki Method...
Exit Attachments

New Mouteki Method...

  • #1,301
  • Sep 30, 2008 6:06am Sep 30, 2008 6:06am
Quoting lolla
BTW his video looked like an introduction to some porn flick.....maybe Mouteki, when ur done scamming people with ur blog, you should try your hand at some such flicks!!
Ha ha ha. As soon as I saw the unkempt stubble and sunglasses to hide his eyes, I knew it was a con. If you listen to the videos, you can even hear him flicking a cigarette lighter as he talks.

Now I know I wasnt talking b*ll*cks when I queried why Mouteki doesnt move the 3rd line on the fibonacci retracement.
If it's too good to be true, it probably is.
  • #1,302
  • Sep 30, 2008 6:40am Sep 30, 2008 6:40am
Quoting Tornado
I have been a silent lurker on Forex Factory for over 3 years. Only extracting information and rarely posting. I've never seen & still see no benefit of posting. Just a huge drain on the greatest commodity "TIME".

Mouteki should have made his intentions clear at the start. There is nothing wrong with a paying an individual to learn - We have all had to pay for an education in one form or another or we would all be cavemen.

Below are quotes from Mouteki on 1st September 2008, where he could have stated his plan for a paid service and advised people to trial the blog videos before choosing whether to join the paid club or not. Instead he reiterated that he had no intention of charging people to learn his methods.


Quote:
http://www.forexfactory.com/images/s...n/post_old.gif Sep 1, 2008 11:59pm
http://www.forexfactory.com/nfs/cust...atar9890_2.gifmoutekitrader
Infractions Overload
Member Since May 2006
Posts: 191


http://www.forexfactory.com/images/icons/icon1.gif Just for the record...

"I DO NOT have any intention of trying to make you pay for what I'm teaching you."


"Honestly...I know that I don't have to do this. People have even offered me money because of what I'm teaching...and I don't want your money. I don't need it. I wanted to give back to the very forum that taught me so much about trading years ago, and give someone else a chance to finally succeed."

"I've been in your position when I first started out, and I know how much it sucks to be scammed, or not get something. I completely understand. That's why I'm doing what I'm doing...so that you'll finally be able to trade. For me, it's honestly fun to help those who can't grasp the concepts that I'm showing."

"So...that being said...to log-in to the forum and see comments about how "I'm doing this for the money" or how "I plan to charge for these teaching" or how "this is all a sales ploy" REALLY, REALLY pisses me off".

"I want you all to realize that I can live the rest of my life without ever having to turn on my computer again. I could take all my funds out of the world bank and disappear and never have to worry about anything ever again."

"I'm doing this FOR YOU...NOT FOR ME."



Now to seperate the speculation from the Fact.


Does Fibonacci Work in Forex ? - "A Family member of mine works in the Forex Prop Trading department - Investment Banking of one of the largest UK Bank's in Canary Wharf - London - UK. Only Tech analysis he applies is Fibs and have been succesfull for over 20 Years.


"So does Fibonacci Work In Forex" ? - YES


Is the Screen Shot of Mouteki's trades a demo account ? - Who Knows

Is the BMW rented ? - I doubt it. You can buy one 2nd hand for £15,000,00. If he was going to rent a car then he would probably have rented a Ferrari.


Should Mouteki have made his intentions clear from the beggining ? - YES


Should I Join the private club ? – Maybe, you could spend a couple of hundred dollars on a whole lot worse in forex.


No Successful trader in the world is going to give up the secret of his success for free. Sucecssful trading requires years of dedication and practise.


The whole notion of giving back to others in the Financial Markets for free is BULLSHIT. Profit can only be made when others lose.

Hi Tornado,
You are very wrong on this idea that nobody gives for free. Mouteki gave a lot for free, as did Skunny and Jacko . 'The Real Thing' and James16 and Bobokus are still giving for free, though they also have paid services.

I feel that the combination of the FRs, FEs and FZs of Moteki are quite valuable and I will incorporate them inot my trading.

I have paid subscriptions in the past (and still do) and get something out of them. I do not resent paying for knowledge, nor should anyone.

I am a member of Jacko's first mentoring group and have other subscriptions

It so happens that in Forex I have made most money from just following the two free systems of 'The Real Thing' ( http://infiniteyieldforex.blogspot.com/ ). Since April 2008 I have made +1574.7 pips on First Strike and +779.1 pips on One Night Stand , plus my First strike trades this week have locked in at least +541.2 pips. This is similar to what TRT has achieved, though I use a different trailing stop system to him.

Ian
  • #1,303
  • Sep 30, 2008 6:53am Sep 30, 2008 6:53am
Why this post in recycle bin?

Edit: Ops, I read it....
  • #1,304
  • Sep 30, 2008 7:25am Sep 30, 2008 7:25am
Quoting 4X4EVER
The about face from M is certainly unexpected and surprising. NOT!!! It just kills me that some of you guys will pay money to a jerk who lied to you right off the bat. So he has some good info, so what? Take what you have learned from this thread, count it a good thing and move on and develope your trading on your own. The problem with the world today is that most folks are willing to take the chance of getting screwed if there is a possibility of making some $$$. This guy lied to us all. He said he had no intention of charging, that he only wanted to help those who hadn't figured out the market and weren't making money, then got ticked at those who questioned him. Look, there is an old saying, "screw me once, shame on you, screw me twice, shame on me." Some of you guys want success so bad you would give your hard earned money to someone who doesn't deserve ANYTHING from you because of their integrity. DOES ANYONE EVEN CARE ABOUT INTEGRITY ANYMORE??? It seems not. I have read this thread, watched M's videos and I feel that there is something to fib zones but it is not the holy grail that many of you so desperately seek. The holy grail is YOU my friends. I know that you don't believe this, but it is true. If you guys would take a look at the charts and look for where support becomes resistance on the longer time frames, combined with fibs and then trade what you see, you will win much more than you lose. You don't need Mouteki, you don't need anyone but yourself. Of course, good education on the markets if you are a newby are essential, but one day you have to realize it is about YOU and the market and success will come from your preparation, discipline and risk management PERIOD. No guru is going to give you the pot of gold. So, to sum up, I would suggest reading some of Billy Ray Valentines threads, some of Ironman's posts, and some of Houdini's Posts on psychology. All of these guys have free blogs as well, and would post them here, but a little work on your part will do you good. If you want it bad enough, you will achieve it, and you will leave the wanna be's in the dust.
hey ,

can you post links to those forums that you wrote about (Billy ray,Houdini,Ironman) I tryed searching for those threads here in the FF site , but didn't find anything .

thanks ,
Barak
  • #1,305
  • Sep 30, 2008 8:09am Sep 30, 2008 8:09am
Quoting ianf0ster
Hi Tornado,
You are very wrong on this idea that nobody gives for free. Mouteki gave a lot for free, as did Skunny and Jacko . 'The Real Thing' and James16 and Bobokus are still giving for free, though they also have paid services.

I feel that the combination of the FRs, FEs and FZs of Moteki are quite valuable and I will incorporate them inot my trading.

I have paid subscriptions in the past (and still do) and get something out of them. I do not resent paying for knowledge, nor should anyone.

I am a member of Jacko's first mentoring group and have other subscriptions

It so happens that in Forex I have made most money from just following the two free systems of 'The Real Thing' ( http://infiniteyieldforex.blogspot.com/ ). Since April 2008 I have made +1574.7 pips on First Strike and +779.1 pips on One Night Stand , plus my First strike trades this week have locked in at least +541.2 pips. This is similar to what TRT has achieved, though I use a different trailing stop system to him.

Ian
Ian all the names you mentioned above have paid services. If you read my post carefully without jumping the gun it highlights that there is nothing wrong with Mouteki charging for his education and time, to the Contrary it would be expected.

Mouteki's mistake was on the 1st September 2008, when he rambled on about not needing or wanting to charge for his teachings. If he had stated there and then that he was planning to lauch a paid service and for us to review the material on forex gemini first then he would be getting a much better reception.

"Simple Fact" - Fibonacci does work. The family member I mentioned would not have survived trading FX in the City of London "the hub of FX trading" for 20 years without it.

I too pay a montly subscription for my FX education and throughly value the service.

I suggest you re-read the last few pages on this thread before commenting.
  • #1,306
  • Sep 30, 2008 8:43am Sep 30, 2008 8:43am
Can help it but one last post on the method.

The current down move of the EU respected all the FR, FE and FZ on both the last up move and the current down move. On my demo account, I think it should reach at the minimum the 233 fib zone (of the last up move) @ 1.4113 tonight. Further down it the 100 FE of the current retracement from 1.4302.

I wonder those in the Club is seeing the same thing trading live.

OK. Back to demo trading.
  • #1,307
  • Sep 30, 2008 9:16am Sep 30, 2008 9:16am
Quoting 4X4EVER
it is not the holy grail that many of you so desperately seek. The holy grail is YOU my friends.
you don't need anyone but yourself. Of course, good education on the markets if you are a newby are essential, but one day you have to realize it is about YOU and the market and success will come from your preparation, discipline and risk management PERIOD.


Thats about the best info in this thread!!!
The holy grail everyone seeks........ look no further than deep inside yourself.

Happy Pippin'
KC
  • #1,308
  • Sep 30, 2008 10:05am Sep 30, 2008 10:05am
You guys are morons, you can do fib analysis on your own. Nobody is getting any inside information by paying $233 a month.

If you need to pay someone $233 a month to hold your hand or do your fib analysis for you, then you shouldn't be trading forex at all.
  • #1,309
  • Sep 30, 2008 10:32am Sep 30, 2008 10:32am
Quoting Barak's pip
hey ,

can you post links to those forums that you wrote about (Billy ray,Houdini,Ironman) I tryed searching for those threads here in the FF site , but didn't find anything .

thanks ,
Barak
The BRV thread is at http://www.forexfactory.com/showthread.php?t=86429

You will find any other links you need in that thread.
  • #1,310
  • Sep 30, 2008 11:55am Sep 30, 2008 11:55am
Crenshaw like real mouteki, but this guy fake

Crenshaw go short on aud/cad when fake mouteki say long.

Crenshaw crystal balls only 261 Usd a month! ha he ha


try indicator to filter fibos >>>looky how ez >>>>>
Attached Image (click to enlarge)
Click to Enlarge Name: crenshaw.gif Size: 41 KB
  • #1,311
  • Sep 30, 2008 12:28pm Sep 30, 2008 12:28pm
Quoting Willowgal
The BRV thread is at http://www.forexfactory.com/showthread.php?t=86429

You will find any other links you need in that thread.

thank you ...
  • #1,312
  • Sep 30, 2008 1:06pm Sep 30, 2008 1:06pm
Quoting monkey
You guys are morons, you can do fib analysis on your own. Nobody is getting any inside information by paying $233 a month.

If you need to pay someone $233 a month to hold your hand or do your fib analysis for you, then you shouldn't be trading forex at all.
Can't believe a few of you are actually supporting what Mouteki has done and want to join him....god save you guys!!
  • #1,313
  • Sep 30, 2008 7:52pm Sep 30, 2008 7:52pm
Quoting monkey
even the way he talks .
  • #1,314
  • Sep 30, 2008 8:31pm Sep 30, 2008 8:31pm
Obviously tons of people are on opposite sides of the spectrum here. For my money, I have to agree with those more on the optimistic side.

Personally I've blown hundreds & thousands of dollars on cars, toys, eating out, etc. Why not risk a few hundred to possibly change my life?

Mouteki's free videos have been great and he obviously knows something about the forex.. So here is my logic. They are selling a membership site with a 60 days guarantee and they are using paypal to process the payments?

I don't think there's any possible way to lose here. If I try it out and it is complete and utter junk, I'll just get a refund. It's not like those crazy $2,000 DVD programs. A membership site inherently means they will have to work to keep people in the membership month after month - otherwise they lose out big time!

As for the refund - although I highly doubt that Mouteki is trying to screw people - even if he did not honor the refund, I will just dispute the charges directly to paypal and they will refund the money and yank it out of the forexgemini account.

However - I do have one question for those of you who know this Mouteki guy from the past. Did he really help tons of people via private message for free like he has mentioned before?
  • #1,315
  • Sep 30, 2008 8:44pm Sep 30, 2008 8:44pm
Well I Want To Start This Off Asking How Long Have All You Cheap Traders Been Following Mouteki? My Guess Is A Long Time!! So My Point Being If You Have Showed All This Interest In His Method And Following This Post For So Long How Is He A Scam? Something Must Be Working Or You Just Have No Life And Want To Attack People On Here Who Really Try To Help Others Out. Also, Who Cares About His Car, Shades, Etc... Get A Life People And Stop Mockin Others Who Know How To Trade Forex!! Also I Bet All The People Trying To Destroy Mouteki, His Reputation And His Trading Group He Has Started Prob Dont Even Have A Live Account. So Please, All The Low Life People Attempting To Hurt This Trading Group And Moutekis Reputation Get A Life And Find A New Hobby Forex Is Not For You!! I Have Been Using The System Since 2005 And Have Made Profit! I Am Also A Member Of The Group. So To All You Experts Out There That Say This Is A Scam Show Me Your Trading Methods And Match The Profits I Have Made From Mouteki!! If You Cant Then Stop Posting All This Negative Feed Back About The Guy And Find Another Hobby!!!!
  • #1,316
  • Sep 30, 2008 9:12pm Sep 30, 2008 9:12pm
Quoting lolla
This might be weird but I am quoting my self. When I said he was showing us wrong trades, nobody cared a damn. That very day I knew that this guys was a scam. I can't beleive I fell ,as most of us for all that nonsense he said. Fibonacci trading is nothing new.

Just go back and look at the videos, they are so confusing. He says he looks at weekly and daily charts...then says 4 hr but trades of 1 hr.....using some stupid indicator(AO)...contradicts himself.....lack of clarity...

And the most funny part was his fundamental analysis....go to ff calender look at the red events and if all are red, short...if green long....what bs?? Don't join that scam guys...if he makes 50k on a trade he doesn't need your 80 bucks. Remember every penny saved is a penny earned. Don't support that scam.

BTW his video looked like an introduction to some porn flick.....maybe Mouteki, when ur done scamming people with ur blog, you should try your hand at some such flicks!!
best post of this thread.
  • #1,317
  • Sep 30, 2008 9:33pm Sep 30, 2008 9:33pm
i don't know if it is usefull or not. But no one here will comment that Forexllion was the fist to talks about fibo series?
  • #1,318
  • Sep 30, 2008 9:54pm Sep 30, 2008 9:54pm
Quoting lolla
I have a small doubt. In the fibs and fundies video 2 mouteki said he took the eu long trade after spotting those 2 reversal candles. These candles were formed on 19 but his entry was on the 18.
Quoting lolla
This might be weird but I am quoting my self. When I said he was showing us wrong trades, nobody cared a damn. That very day I knew that this guys was a scam.
After reviewing the videos, it does appear that the trades for USDCHF, EURUSD, and GBPUSD were entered on the 18th, but the large breakout candles (where he said entry was) are on the 19th.

Am I missing something or is this a serious problem?
  • #1,319
  • Sep 30, 2008 10:29pm Sep 30, 2008 10:29pm
Quoting sourotrayda
Well I Want To Start This Off Asking How Long Have All You Cheap Traders Been Following Mouteki? My Guess Is A Long Time!! So My Point Being If You Have Showed All This Interest In His Method And Following This Post For So Long How Is He A Scam? Something Must Be Working Or You Just Have No Life And Want To Attack People On Here Who Really Try To Help Others Out. Also, Who Cares About His Car, Shades, Etc... Get A Life People And Stop Mockin Others Who Know How To Trade Forex!! Also I Bet All The People Trying To Destroy Mouteki, His Reputation And His Trading Group He Has Started Prob Dont Even Have A Live Account. So Please, All The Low Life People Attempting To Hurt This Trading Group And Moutekis Reputation Get A Life And Find A New Hobby Forex Is Not For You!! I Have Been Using The System Since 2005 And Have Made Profit! I Am Also A Member Of The Group. So To All You Experts Out There That Say This Is A Scam Show Me Your Trading Methods And Match The Profits I Have Made From Mouteki!! If You Cant Then Stop Posting All This Negative Feed Back About The Guy And Find Another Hobby!!!!
Capitalizing Every Word You Type Is So Cool.
  • #1,320
  • Sep 30, 2008 11:14pm Sep 30, 2008 11:14pm
Wow..this debate is still going on even in the recycle bin. I can understand why people are upset with Mouteki. On one hand he did say that he had no commercial aspirations when he started this thread. On the other hand, he did deliver a complete system to everyone on the thread it's just not the exact system that he has fine tuned for his own personal trading. If you look at alot of Effilangs threads, you'll notice he does this exact same thing..starts a thread stays with it for a few weeks, gets people to send him privite IMs about his trading and then he offers to mentor you or to sell you a system. He never states his commercial intent up front, it's only after he gets a following on the thread that you get the gist of what's going on.

All that aside, I do find it very interesting that every one was hanging on every word that Mouteki said when he was offering his advise and trading system for free. Now, all of the sudden when the almighty dollar comes into play, every one is saying he doesn't have a clue how to trade or his method is so simple that even a moron with a little knowlage of fibs can do it. If this is the case why were so many of you sooo interested in the first place...was it because it was offered for free or becasue you saw some value in the information he was offering??? Good question to ask yourself...

Maybe Mouteki's Truth Club is a scam, but what if it's not??? I can speak for myself when I say what I have learned here has helped me to be a better trader. So based on that I am willing to risk $89 bucks...serious guys...it's a price of dinner out for one night. I guess I can miss having dinner out once in the next month to find out what Mouteki has to offer.
0 traders viewing now