Don't be lazy. Go read the whole book yourself! jk. I almost went out and bought it but I decided I'm satisfied with what I already know. Plus I don't have time to read another book when I'm already studying for the GRE.

Mouteki Trading

Bet small with larger SL. I extend my trend line into the future and set my SL a few pip below it. Mouteki places his SL 5 pip above/below the 61.8% fib line but I don't quite understand why he draw his fib line the way he does in his example ...

Mouteki Trading

I don't think 170 pips projection will be pretty. It will probably take a week to reach that projection. If you have faith it will ... man .. that is going to be a lot of pips you can stack on as price oscillate.

Mouteki Trading

Being conservative is having smaller stop loss! jk. I'm still waiting for it to hit target but I too some took profit of the table. I suspect a lot of people take small profit at the initial opening bar when the signal show itself.

Mouteki Trading

The 1h chart require monitoring or taking smaller profit. You missed the trend line from the bottom that caused it to dip down over night. I wouldn't look for an overnight trade on 1H chart. But good job for seeing that one. EDIT: What happened to ...

Mouteki Trading

It is subjective and I actually like the very steep one if the trend line is valid. If it don't break out long ... it will still give you a few pips or high enough to set a stop loss for break even.

Mouteki Trading

The top line is wrong and the bottom line is too flat and too far back in history. I don't have confident in that bottom line. The top one is just wrong ... should have went Long last night with GBP/US. There were a few people in the Mouteki ...

Mouteki Trading

I would stay out and wait or look for another pair

Mouteki Trading

I don't like that one because the trend line is too flat. Plus, I missed it. Flatter trend line tend to not meet its projected price ... you should target for half of it next time. Did you get breakeven on that trade?

Mouteki Trading

Anyone noticed last week that if the trade does not go your way or move the way you want fast enough after getting a signal, you have a chance to get out with minimal loss? I also noticed that the 1h chart signal seems to be dictating the short term ...

Mouteki Trading

I would agree with your calculation. I wonder what Mouteki did with his original prediction where he set the projection far lower. I closed my position as soon as I saw the new high developed.

Mouteki Trading

delata this is my opinion but the cable and the other main pairs has many fundamental data affecting its movement. Initially it was good news for the cable but now with today's us news, it may be going back down your way if you weren't already ...

Mouteki Trading

If you want to use the white line, then you have to wait for significantly strong trend in the upward movement to break that line before you get a buy signal. By that time, the market is probably going to be exhausted from previous price projection.

Mouteki Trading

I am!

Mouteki Trading

From the latest example, he didn't use the newer high bar because it would make for very small range.

Mouteki Trading

I'm not Moutekitrader but I think your point A and B are too close together, making the point B on the right invalid.

Mouteki Trading

This method is beautiful and it if you follow it, you can see where profit taking will occur. It's simply amazing...I just hope people won't mess it up and start taking profit early.

Mouteki Trading

I missed the initial spike (woke up late) and saw the negative news here on FF for the CAD with small movement. I went Long at 1.1135 after I saw the move up at 8am EST. No slippage or anything like that with Oanda here.

Canada Employment Report

Wow someone had been busy this morning. I only got one trade in and it's -3pip right now on us/jpy. How do you do it?

Jamesh Trading

buy USD. sell AUD. Buy Gold again during next interest rate cut cycle.

Oanda, new acct; GOLD is too low