Wow, I am impressed. I only got my margin call on my third day of trading!

Mouteki Trading

I personally find the supply line too steep so going long now may get you trapped in a possible whipsaw consolidation period. And look at the time... I really wouldn't initiate any new trades now - no news coming up and you can consider it weekend ...

Mouteki Trading

This one is a bit tricky. One reason why you may find it hard to find the highest high is because this demand line is too steep - it looks like some 60 degrees to me. I personally would think twice before taking this short. But if I have to make a ...

Mouteki Trading

No, no more! No more counting of waves!! *Jumper slips again into the sea of insanity* NO!!!

Mouteki Trading

Welcome in Clusterwise! On behalf of the countless pixels randomly clustered on our many currency charts, bid yourself welcome and let us partake in your wise certainty.

Mouteki Trading

I shorted this because of a Mouteki signal and I entered it as a 100% Mouteki short, following strictly the SL and TP. If I had shorted it for other than Mouteki reasons, I would more likely had placed my SL as far as 1.273ish, and thus be still ...

Mouteki Trading

Or win twice, lol.

GBP/CHF

Fascinating, eh? *Jumper hugs tight his measly 10 pips*

Mouteki Trading

My rationality has been wrecked after being rendered retarded by the return of the raging bull.

Mouteki Trading

What can I say? I am seized with horror! What a bad way to end a Friday!!

Mouteki Trading

I think he was talking about GBP/JPY and GBP/CHF being correlated.

GBP/CHF

Not sure if this helps... demand line must be upward sloping and supply line must be downward sloping. In extreme situations, both demand and supply lines can be horizontal or vertical. However, it is strongly recommended for you to stay away from ...

GBP/CHF

Most traders prefer not to have trades open over the weekend because you never know what unexpected things the weekend, and the new week, may bring. I think Mouteki will leave the trade if it is proceeding fine, or close it if it looks like it has ...

Mouteki Trading

But there are always those who trade based on news only. Hey, there's a website/engine that does everything for you. No strategy - just trade on news. Breakouts... winnings depend on the trailing stop strategy you choose. But I am not supposed to ...

Mouteki Trading

I knew it, I knew it. I should just set my TP @ +40 in future!

Mouteki Trading

Meaning he went long and short on the same pair at the same time. Not all brokers allow this though. You can also do "virtual hedging" (my own term) via correlated pairs e.g. if you are short eur/usd, you go long for gbp/usd. In case eur/usd climbs ...

Mouteki Trading

But normally people don't manage to ride out the spike - they get spiked out.

Mouteki Trading

Everyday is a good day.

Mouteki Trading

120 for USD/JPY??? You might want to refresh your chart...

Mouteki Trading

If news can stop you out, it can possibly give you a reverse-direction trade right?

Mouteki Trading