We learned last week with the GBPUSD that oversold does not exist with this method

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

You dont wait for the bar to close...just wait for it to surpass the previous low

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

[QUOTE=philmcgrew] What is ATR?

GBPUSD

I hate JPY crosses

Mouteki Trading

Well basically that is what it was...He didnt enter the trade because it didnt go below the breakout candle's (the candle that actually broke the trendline) low...its a variation of the rules, not traditional mouteki. So since the opening candle ...

Mouteki Trading

Ok... The filters, only ONE has to be valid Horace was referring to the 4 exit stratergies, specifically the last one mentioned on that post.

Mouteki Trading

Why do you think it is short...cuz if it is, i need to close my long posistion

GBPUSD

Ha! You dont say? This is my first time really trading during NFP week, so I wouldnt know, no wonder I am behind my weekly goal

Mouteki Trading

So what is your take....long or short? Or do u think we are just gonna have to wait until thursday.

Mouteki Trading

Hmmm — I am really scared/confused about GBPUSD lately...off mouteki for a bit, it keeps bouncing off of 50 FIB...so it is consilidating, but like, even though it should go up...is it? Is it starting a new channel. Some people argue if we got ...

Mouteki Trading

I read it in the manual...I was wondering do you have other graphical chart examples...its cool though, just wanted to make the thread more prettier

abid's method

Do you have any past performance history? How well does it perform on JPY crosses? Can you post some charts of example entrys and exits?

abid's method

Well you got the spread too...so he could still be in the trade

Mouteki Trading

He posted that by mistake

Mouteki Trading

Smooth...

Mouteki Trading

kk.. — Opened up my second short trade on GBPUSD Spread-4pips Open- 1.8905 Stop Loss- 1.8967 Take Profit- 1.8723 (1.8819+4pip spread) Current Price 1.8886 image

Mouteki Trading

That chart that i quoted above wasnt my chart it was njfx's I am based on the east coast of USA....Eastern Standard Time This is how my chart looks currently: image

Mouteki Trading

Great — I just took profit from a previous GBPUSD short trade...many pips bagged, This trade hasnt opened on my chart yet, but looks like it will do it next candle

Mouteki Trading

Great question...I would like to know that because i kinda do it under the table

Setting up a forex business/hedge fund