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TheThing replied Jul 1, 2007Hello foxsahara, I'm sure habeeb will answer your question much better than me but let me say some wrords how i'm doing this. The things are quite simple: first you need to know the projection of take profit from your entry point. Say you entry ...
Mouteki Trading
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TheThing replied Jul 1, 2007Hello mmegyptian! And welcome to FF
To draw a trend line we need to find a candle with highest high or lowest low. From your example if 2 candles you are talking about have the same high there is no ONE SINGLE highest high, 'cause they both have ...Mouteki Trading
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TheThing replied Jun 22, 2007Hi guys! Looks like cable is going up, let's see if it can break 1.9965 lvl today. For now i have closed TP3 from my previous trade, 'cause there is a new signal come into play. TP3 closed at 1.9953 (++108 pips) and new pos is opened with 3 lots and ...
Mouteki Trading
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TheThing replied Jun 21, 2007btw, guys, according to Mouteki system there was a break during the open hours of London session but i hadn't jumped into this trade, 'cause i think this signal is false. I don't use 4 filter rules mentioned by Mouteki but i have my own. For now i ...
Mouteki Trading
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TheThing replied Jun 21, 2007Hi Carmel, Nope, i used Mouteki technique all the time long, but simply enter with 3 lots and make my own TPs and SL as posted above. I think there is no "absolute" system that is able to predict the price movement, 'cause the market is ...
Mouteki Trading
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TheThing replied Jun 20, 2007Always welcome Carmel! I just share some ideas i use in my trading, but get much more info from you guys reading this forum
I don't know if 4,5K pips per year can boost your confidence in this system..well..it's a good result but the question is ...Mouteki Trading
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TheThing replied Jun 20, 2007Well..Actually Mouteki technique is my first system i started to trade with about a year and a half ago
I attended Forex courses in my city for several months and got familiar with this technique over there. To be more precise i used Denmark's ...Mouteki Trading
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TheThing replied Jun 20, 2007Thank you for welcome word, habeeb
Nice to see this thread is still breathing and many faithful followers of Mouteki trading technique are here ) Guess 1.9963 level will be broken with the opening of London session tomorrow. But we'll see..Mouteki Trading
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TheThing replied Jun 20, 2007At last! Just hit 1.9946 level and 1st TP is locked for 101 pips. SL of 2nd and 3rd pos were moved to break even (1.9845). Total profit since 18 June: 340 pips.
Mouteki Trading
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TheThing replied Jun 20, 2007OK, here is what i have for now. Bombastic take profit projection of 305 pips!! Lets see if we can break 2.00 level! TP1 almost hit the target, a few pips left
: TP2 = 2.0031; TP3 = 2.0150 (can't place them on the chart, 'cause they live in the ...Mouteki Trading
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TheThing replied Jun 20, 2007Hello there! — Hello guys! My first post in this thread and at FF forum as well, but not my first step in Forex world ) Well..I would like to share a little modified Mouteki (Denmark) method that I have used and got a good performance from it. ...
Mouteki Trading