I don't think theres any guide but try to space them some (maybe minimum of 5 or 6) .

Newbie Journal

Take another look at the above chart I have edited it to show the candles which are too low also I think you have too few candles between your points

Newbie Journal

I may be wrong but I took the following points as your A nd B points If I'm wrong I'm sorry maybe youd like to pint out your points A and B <img src="http://www.kalesh.net/forex/attachment_002.GIF"></img>

Newbie Journal

As I have said before on a micro account with $5 on it I have nothing to lose. Consider it what you will but the main aim is to develop experience with the system and to learn to filter bad trades. So even if I lose 90% of the time I'm still going ...

Kalesh's journal of Mouteki Trading

Thanks everyone for your comments. The following trades have been opened sell USD/CHF @ 1.2356 SL 1.2446 TP 1.2241 sell AUD/USD @ 0.7499 SL 0.7589 TP 0.7359 I do realize this may not be the best time to enter these trades but I'm on a micro account ...

Kalesh's journal of Mouteki Trading

Both your point A and B are incorrect. The low of the two bars on either side of your points should not be lower than the low of your point. heres the current e/u chart with both the current supply and demand lines. image

Newbie Journal

Thanks for pointing that out Michael My mistake I overlooked that point. here is the corrected chart trade: sell USD/CHF @ market TP 1.2241 image Michael your comments are not cluttering my thread and they are very welcome. The main idea for this ...

Kalesh's journal of Mouteki Trading

Thanks for your comments Michael. I'm feel really great that you are looking forward to my journal. Maybe this is a second price projection? I may be wrong as well as I'm new to this system and also fairly new to forex. I guess I'll wait to see what ...

Kalesh's journal of Mouteki Trading

Well the idea is great but you should realise that in doing so you should try to make sure as many of your trades are positive as loosing one trade will mean losing 2grand?

Make minimum 2grand each trade!!!

Trades to be executed on next open of market Sell a/u @ market TP 0.7359 chart for this trade image Sell USD/CHF @ market TP 1.2238 chart for this trade image

Kalesh's journal of Mouteki Trading

Hi everyone, First of all I would like to express my thanks to Mouteki for sharing such a simple and effective method with everyone. I am fairly new to forex and only read about this method today, I have tested it on some data and it seems higly ...

Mouteki Trading