Mouteki Trading

Anyone got any good charting services out there to recommend? I've heard about a few "proprietary" trading services out there lately and was going to give a few a shot to see what they are all about but wanted to see if anyone had any previous experience with any "proprietary" charting in the past...hopefully to save me time in my search to find one thats worth it...if there really is one...I'd appreciate it...

and this is what I have found so far...I came across a company Concorde Forex Group...They claim to be pretty good...say learn 50-100 even 200 trades in a row...They got a pretty price tag to, about $6,000 plus $300 chart feed per month...I spent a lot of time surfing through their site and they seem pretty legit...Has anyone possibly ever attended one of their seminars???or used their charts...but I guess to use their charts you got to take a seminar...One good thing is you can go back to as many seminars you want to for free after you pay the 6 grand...Anyway I'm going to look further for other systems such as this out there...please let me know if you know anything about these guys or any others out there who offer a service such as this...Thanks...

Okay, this is just second hand knowledge. But you may want to checkout TradeStation.

It's been receiving consecutive awards every year so that would be worth something to look into.

Regards,
East

Greetings,
I am starting a new thread where I will be posting my techniques for forex trading. I have been live trading the forex market for three years to date. I have experimented with many systems out there and have tried to create several of my own, the problem is all the trading systems are based on indicators which in my prospective are all lagging and have no value in the most dynamic market in the world. I have been on a long path to get where I am know and have seen many things that have disturbed me on the way. I will share my previous experience just so you know where I am coming from. I got into forex trading because my father has been doing it for the past 10 years with an offshore account. He uses no leverage on his money. Anyway, when I started viewing his monthly statements and noticing large returns on his account bi-monthly I got interested. I began searching the internet for forex trading, was looking if I could leverage my money to have the same effect my father did on the market with less money. And there it was...I found the all mighty FXCM and opened up a 50k standard account the day I found them. Oh yeah, big mistake. I new absolutely nothing about trading at the point. To be totally honest it took me a week to figure out you can short a currency. Long story short, I blew that account in under three weeks. Yup...three weeks. Ouch...but I had fueled the fire, I wasn't stopping there. I decided to educate myself in trading before trying it again, went to every self proclaimed million dollar trader and spend thousands on garbage. It was 1 year into exploring the forex when I went with a forex company who claimed 200 trades in a row. Won't use any names, really cant. Anyway, I fell head over heals for the system. Expensive too. Trained with them for 6 months and then they offered me a mentorn opportunity. I was only 21 at the time and was overwhelmed, thought I was going to be the next Warren Buffet. Things were good at first but the system started losing flame. Of course it did, the euro and pound stopped running 300 pips everyday like it used to and there moving averages couldn't produce a successful trade to save their lives. I left that job because I was offered a new job elsewhere, these guys were legit to, knew them all personally. Again though, another trading program all based on indicators, I simply new the truth about indicators and couldn't teach a system based completely on them. I made the best decision of my life three years ago. Decided to forget the mentorn business and persue trading all on my own. Like I said before I have tried a lot of things and what I will share in this thread is what I have been doing for the past three years on my own and it is bringing me success. Sorry for the lengthy email, but if I'm going to share with you three years of my trading life, I figure you should have to suffer through the story of my life for at least a little bit. Anyway, I decided to start this because I love helping people and seeing them become successful, was the best thing about being a mentorn, satisfaction of turning a newby into a trader. So with this all said and done, here is my system. Warning: English is not my native language, I will try my best in my posts.

The heart of my system is four hour trendlines.

Example of a Gbp/Jpy trade from last week that paid out today...335 pips!!!

Hi Moutekitrader,

I took a quick look at your document and it seems as if this would work when a strong trend starts to reverse. If you are in, say a strong uptrend then your strategy would produce few sell signals and/or produce false signals since it depends on a break to the downside of the trendline. By the way, nice documentation, very well written.

Thanks Dave, before you jump to any conclusions, please thouroughly review the technique and apply it to past data, you will be amazed, I promise!!!

Hi,

instead of attaching files, just insert them.

http://picnac.com/images/9706insert.gif

i use this website to upload the images : http://www.picnac.com

Hope this helps

I'm going to study your method tomorrow - looks interesting ! thanks for sharing it !

Thanks a million...let me know what you think of my trading technique...

Here is the Gbp/Jpy trade I had attached in picture form...Know that I got it figured out I'm going to go post crazy...

http://img145.imageshack.us/img145/3...picturepv2.png

Here is the payout...335 pips payout during London session 9/8/06...
http://img171.imageshack.us/img171/5...ypayouttf9.png

Hi Mt,

That is a very clean way of selecting trades.

I haven't had the opportunity to back check some trades to practice, but one question if I may.

I can't see in the document how you arrive at your stop loss ?

Could you tell me that please.

Thanks for sharing your method

Stop loss in not yet mentioned anywhere my friend. I have only shared the basic principles of the trend line break thus far. It will all come as appropriate. I have done this with many traders in the past privately so I will follow the same process in my thread with the public...

There is a better way to post images, and it saves you having to upload the image to another website first. You can just keep the images on your own computer.

1. Put your chart on screen.
2. Capture a screen shot with Alt+PrintScreen
3. Open MS Paint and presize the canvas to 600x600.
4. Paste your screenshot.
5. Answer NO when asked if you want to increase the size of the canvas.
6. Use your mouse to slide the screenshot around until the part you want seen is visible.
7. Click outside the canvas to freeze your image.
8. Add notes, and graphics to your image using MS Paint tools.
9. Do NOT save the image as .bmp because it is too large and takes up too much space on the Forex Factory server. Instead, save it as .gif or .jpg
10. When creating your post, attach the image using the "Attach Files to Your Post" button as shown below.

This is not as hard as it sounds. With a bit of practice, you'll be able to go from chart to post in less that a minute.

Dial

Thanks for the help Dial, the response time of questions is amazing from people in the forum, keep it up everyone!!!

Here are two trades from the GBP/USD this week...notice one trade leads into another...

http://img155.imageshack.us/img155/7...icture1oa5.png

http://img101.imageshack.us/img101/9...icture2li3.png

http://img182.imageshack.us/img182/7...icture3zv8.png

http://img241.imageshack.us/img241/7...icture4cq2.png