so, if I am planning to buy/sell on a volatile situation, its best to have a larger deviation value (perhaps 10-20) and i wont get a requote - UNLESS the price kicks up higher than 20 pips away from the price. unfortunately, even with no volatility, ...

Q: Enable maximum deviation from quoted price

i have the same signals on gbpjpy, eurjpy and usdjpy

Mouteki Trading

Seems that someone have that system already? http://www.forexfactory.com/forexforum/showthread.php?t=8691 . . . umm it seems that this implementation simply uses 8 hours to the left and 8 hours to the right to determine support and demand lines.. is ...

Mouteki Trading

I am trying to write a modified Mouteki system that runs on H1 or lower chart YET sticking to the 4 Hour candle rule. I propose to use Monday Asia Open as the start of all candles; group all candles into 4 hours; get the High and Low of each of ...

Mouteki Trading

Yup, H1 seems nice, but it goes against the mouteki's premise of using H4 charts. below is a chart from NF (Left) and IBFX (right). It is clear that these two will have different Support Lines.. IBFX has an "earlier" 1st support than NF. hmm... I ...

Q on Candle formation

What about unemployment? Will that be the big mover if NFP is flat to expectation?

NFP 10/6

Did I read it right? Higher age = less quality of life Is he telling us to die young?

Bernanke

Gold dropped sharply AGAIN! im buying!

Gold Discussion

I understand. I personally am not confident to trade ADP predictions. My above interpretations were merely "studies", surely insufficient for live trades. i'd still stick myself with straddling NFP and a quick "market order" for the reveral. both my ...

ADP payrolls

Pin bar, spinning top, doji... = reversal and indeed it is.. darn.. I just shorted again at the wrong time! oh well, as long as I am swap positive, i can carry this trade till it goes back to my exit price (ie, no STOP trade)!

A strong ISM would be nice.

GBPUSD regained lost grounds... Currently at 1.8850s and it hit as low as 1.8780s! What will it be? Long or Short?

GBPUSD

How do you interpret this ADP number anyways? I personally dont compare the numbers but the direction (as shown on my above post). Likewise, I try to compare the deviation of each ADP to the deviation on NFP.

ADP payrolls

Jun ADP 100K+ July ADP 300K+ USD+ Aug ADP 70K+ USD- Sep ADP 100K+ USD+ Oct ADP 70K+ USD- July NFP USD- Aug NFP USD- SEP NFP USD+ Oct NFP ??? ADP missed predicting July. But went on to correctly predict Aug and Sep

ADP payrolls

ADP is one of the best source to FADE the news (unless it was July's ADP)... Darn, I missed it!

ADP payrolls

Mouteki is so objectively simple. No guess work. No complex indicator combo. Just made about 200+ pips today. If I keep this up, 2000 pips per month is possible!

Is Mouteki really profitable??

@alten, Try Mouteki and STICK with it! I made more than 200+ pips today on short EURUSD, long USDCAD, short GBPUSD. If I had started this earlier (on monday) I could have won another 100+ just on GBPUSD pre ISM upswing.

Very Scary!

WOW.. I did not see that reversal.. darn... they should have withdrawn and closed the account! =) Because the the owner is boasting of his account he wanted to show off his trade strategy is making huge money. funny, i no longer see his "10 pips ...

10 pips x 1 Lot = USD8948 profit?

The number came out "better" than i expected but not much of an upmove volatility. I was planning to sell it when it reaches 0.7450. The highest price I had the chance to decide was 0.7441. . . . 10 minutes later, hmmm... I should have shorted it at ...

Aud -Red Alert

Japan has soo much money. We face a dilemna: Dilemna 1: Weak Yen If yen weakens, that will be favorable to their economy. Their export industry would kick harder than a bull. Dilemna 2: Strong Yen If yen strengthens, they can easily go out buying ...

Predictions on the JPY news today?