Mouteki Trading | Page 28 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone still trading Mouteki? 45 replies

Jumper's journal of Mouteki trading 74 replies

Mouteki Trading System 3 replies

Favourable pairs for Mouteki trading... 7 replies

Kalesh's journal of Mouteki Trading 25 replies

Attachments: Mouteki Trading
Exit Attachments

Mouteki Trading

  • #541
  • Sep 13, 2006 8:06pm Sep 13, 2006 8:06pm
Quoting mono
I think if you look at diallist post, all the answers will be revealed.
Diallist's post is a good point indeed. (All of diallist's post are great, have you ever read a bad post from diallist? I didn't think so. )

Thebigmo (and I) just want to know if there was some rule or step that we missed. If its just an error, fine : lets move on.


Jim
Indicators show the past. Price Action "Indicates" the future.
  • #542
  • Sep 13, 2006 8:09pm Sep 13, 2006 8:09pm
Quoting Thebigmo
I posted this but till now got no answer which is confusing me:


Could someone please check slide 24 in the powerpoint presentation and tell me why he did not draw a vertical line through the blue candle with the highest peak to determine the intersection point with the demand trend line. But instead uses the red candle after the blue one to determine the intersection point. He does that often in the slide show.
<!-- / message -->In fact if you compare powerpoint slide 24 with 40 you will see that he uses different candles to find intersection point.
It appears that slide #24 and slide #40 are the same trade. It looks like #40 follows the document. It also appears that slides #18 and #29 are the same trade with different projections.

Maybe Mouteki tried to rush us the documents, and made some minor blips in the process. No harm done....

Trade well...
Brent
  • #543
  • Sep 13, 2006 8:13pm Sep 13, 2006 8:13pm
Yea yea yea, I already admitted my mistake. After only 55 years, I am just now beginning to tackle the advance subject of right and left... Minute, what I meant was your other left... LOL Scott

Quoting minute
No. In this system trendlines are drawn from right to left connecting 2 points.
the first point would be on the right of the chart.
the second point would be on the left.

A point 14 candles from the second point, starting from the second point.

14 candles from the second point in a rightwards direction is another valid point.
  • #544
  • Sep 13, 2006 8:16pm Sep 13, 2006 8:16pm
Quoting NipthePips
When I counted...I counted 13 candles to the right of the second candle that he chosen (second as in point B)

Yes that is the one I was referring to thanks.

I was including the first candle in the count, but that's not quite right is it.
  • #545
  • Sep 13, 2006 8:17pm Sep 13, 2006 8:17pm
Quoting jarroo
Diallist's post is a good point indeed. (All of diallist's post are great, have you ever read a bad post from diallist? I didn't think so. )

Thebigmo (and I) just want to know if there was some rule or step that we missed. If its just an error, fine : lets move on.


Jim
In this congested forum, finding a specific post is like winning a lottery.
  • #546
  • Sep 13, 2006 8:24pm Sep 13, 2006 8:24pm
Quoting Thebigmo
In this congested forum, finding a specific post is like winning a lottery.
I think mono was referring to post#483. Which had nothing to do with your question bigmo. We just want to know if we are following the rules correctly.

Am I right bigmo?


Jim
Indicators show the past. Price Action "Indicates" the future.
  • #547
  • Sep 13, 2006 8:30pm Sep 13, 2006 8:30pm
Quoting jarroo
I think mono was referring to post#483. Which had nothing to do with your question bigmo. We just want to know if we are following the rules correctly.

Am I right bigmo?


Jim
Yeah, sorry all I was referring to the system in general

I was referring to post #436
Mono
  • #548
  • Sep 13, 2006 8:39pm Sep 13, 2006 8:39pm
Quoting jarroo
I think mono was referring to post#483. Which had nothing to do with your question bigmo. We just want to know if we are following the rules correctly.

Am I right bigmo?


Jim
Exactly!
  • #549
  • Sep 13, 2006 9:12pm Sep 13, 2006 9:12pm
Quoting downunderdave40
Here is a nice Fractal Indicator for those of you interested in using it. You can adjust the number of candles to the left and to the right of the swing high or swing low. I believe it is set to 2 candles so it works fine with the Mouteki method.
it works... this indicator helps to identify peak and bottom perfectly..
{Link Removed}]
  • #550
  • Sep 13, 2006 9:20pm Sep 13, 2006 9:20pm
Anyone else take this short trade?
"Loss and failure are inevitable but misery is optional"
  • #551
  • Edited 10:16pm Sep 13, 2006 9:46pm | Edited 10:16pm
Quoting carmel
Anyone else take this short trade?
\\



Carmel,
Can you post your chart? I don't see the short. I think we are waiting for a support candle to form so we can move our demand line up closer to the current price.


http://www.gifworks.com/queue/9-13_17884.gif
  • #552
  • Sep 13, 2006 9:58pm Sep 13, 2006 9:58pm
I am short in demo... cluttered chart but you can see trendline... well if my pic gets attached anyway....

Trev
Attached Image
  • #553
  • Sep 13, 2006 10:04pm Sep 13, 2006 10:04pm
pic compressed to 600x600... warped my trendline a little... its attached to the candle it ends at on the left....

Trev
  • #554
  • Sep 13, 2006 10:12pm Sep 13, 2006 10:12pm
Quoting trevwest
I am short in demo... cluttered chart but you can see trendline... well if my pic gets attached anyway....

Trev
Trev,
I am also short on USD/CHF. I'm not sure if you were responding to Carmel's question though. What are your thoughts on EUR/CHF at the moment?


http://www.gifworks.com/queue/9-13_17001.gif
  • #555
  • Sep 13, 2006 10:42pm Sep 13, 2006 10:42pm
just noticed you were talking eur/chf... which i dont normally look at... stick to 5& under spreads... I had just gone short on the usd/chf... I dont see a short trade yet in eur/chf tho? needed a 2nd higher candle right of the trend and didnt get it...

Trev
  • #556
  • Sep 13, 2006 11:39pm Sep 13, 2006 11:39pm
I guess I need a primer in posting charts, but my trend line is with the "demand" (upward trend line) from the 9/12 0:400 candle to the 9/13 12.00 candle, as recorded on the VT Trading platform. MT4 shows the same. Comments?
"Loss and failure are inevitable but misery is optional"
  • #557
  • Sep 13, 2006 11:55pm Sep 13, 2006 11:55pm
well heres my chart. I think its still a valid trade... got a little pinbar action... but according to the method in this thread, have to have two higher lows on each side of your trend point... which is not the case on my chart... of course your chart may differ....

Trev
Attached Image
  • #558
  • Sep 13, 2006 11:55pm Sep 13, 2006 11:55pm
hi all,

first of all i want to thanks mouteki for the great sharing method and all of people here for the great contributions..
as a newbie here i really apreciate it.

after studying the method, i a bit confused on how to decide which line i'm gonna use (the demand line or the supply line?) if that 2 line is coincidence can be draw (from right to left, right?)in the same time, is that any special rule for that situation? or should i wait on which line the open will happen for the following next bar..

thanx for the answer frds..
  • #559
  • Sep 14, 2006 1:00am Sep 14, 2006 1:00am
Quoting hardspace
hi all,

first of all i want to thanks mouteki for the great sharing method and all of people here for the great contributions..
as a newbie here i really apreciate it.

after studying the method, i a bit confused on how to decide which line i'm gonna use (the demand line or the supply line?) if that 2 line is coincidence can be draw (from right to left, right?)in the same time, is that any special rule for that situation? or should i wait on which line the open will happen for the following next bar..

thanx for the answer frds..
This link http://www.decisionpoint.com/tacourse/Wedge.html may give you some clue.
  • #560
  • Sep 14, 2006 1:22am Sep 14, 2006 1:22am
Quoting trevwest
well heres my chart. I think its still a valid trade... got a little pinbar action... but according to the method in this thread, have to have two higher lows on each side of your trend point... which is not the case on my chart... of course your chart may differ....

Trev
doen't look right, if you look at the LTD points the line doesn't match up, remove the indicator and re-apply it.
Mono
4 traders viewing now