Hi llambert3, I completely agree with your idea about looking back at past trendlines to see 'where we are in the big picture.' I believe the method is based on cyclical movements, and if you enter in the wrong cycle you're going to be put through ...

Mouteki Trading

Thanks samyadly, I myself will not use it. I like my charts 'naked' and I know for sure that Mouteki despises indicators because they all lag price. But hey, if it's working for you, good stuff! best regards

Mouteki Trading

Hi Daerus, Ofcourse you are correct. I should have indicated my thoughts about this trade to explain. Because the 14527 break was so significant, I would have had my stop above it. Now obviously that's easy to say in hindsight, but there it is. ...

Manual Backtesting Charts

Hello samyadly, What IS the DPO indicator? Thanks!

Mouteki Trading

Hello milan47, I refer your question to a post from jumper in the GBPCHF thread, it is number 18 in that thread. Below is the gist of the post: ______________________________________________________________ Below is a Q&A from Mouteki himself, ...

Mouteki Trading

Hi 416, I never enter a trade prior to the candle open below/above a trendline. I ALWAYS wait for the entry signal. Never in any of the trades did I anticipate a signal or jump the gun. At times I may have been late to enter a trade, but never ...

Mouteki Trading

UMM NO. YOU ARE WRONG. THOSE PIPS ARE SINGLE LOTS. 569 PIPS, for a total of $546 in cash profits for the 4 days. If these were standard single lot trades, that would also be 569 pips, for a total of $5460 in cash profit for 4 days trading.

Mouteki Trading

Make acute note of BabeFX's comments, then look at this...Can you not see the trends here???:

Naked Chart Trading

The first GBPUSD (09.25) trade would have been a 110 pip winner had I stuck with it, I took it off at +10 pips - first trade using the system, was a bit jumpy I guess. The EURCAD (09.25) trade would have been good for 117 pips. Again, I was not sure ...

Mouteki Trading

Sure. I am in the EST zone, and my broker is on GMT. There are some trades, especially in the first few days, that I manually intervened in because I didn't have the patience and discipline to wait. So in actuality, there are 14 trades, with 2 ...

Mouteki Trading

My thoughts are duplicitous: On the one hand, I don't see anything wrong with setting a close stop, or trailing a stop, and letting them run. On the other hand, why not lock in the profits and start afresh next week? What if the weekend brings ...

Mouteki Trading

Hi Mike, I read up on this method two weeks ago, and started trading it 4 days ago on a demo account. 569 pips in 4 days, all based on Mouteki methodology. And to be honest it could have been a lot more. 10 trades, 10 winners, 6 limited out at ...

Mouteki Trading

Hi, I for one don't understand your question at all. Do you have an example of what you mean? Sorry.

GBP/CHF

Hello CC, From where did you find this nugget? Thanks!

Mouteki Trading

A very savvy trader once told me this: "The longer it paces, the further it races." Patience peeps, let the currency tip its hand, until then, there's nothing wrong with trading those oscillations, thats a 200 pip channel! Just be careful though, ...

Mouteki Trading

BEOB ????

Bagovino Method

The highest high (for a supply line ofcourse) can be any point between A and B, inclusive of the candles making up points A and B. As far as the EURUSD, I don't think its suited to the Mouteki method because it is daytraded much more than any other ...

Mouteki Trading

I think it says: YOU ARE EXTREMELY RUDE.

Mouteki Trading

Hi Summit, Yes, purely Mouteki trades. Nothing else to signal entries at all.

Mouteki Trading