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- jumper replied Sep 29, 2006
Good for you
I got bruised badly by this pair. Again and again. *fuming*Mouteki Trading
- jumper replied Sep 29, 2006
It wasn't a Mouteki entry... and you are reading my post 4 hours after mine...
Mouteki Trading
- jumper replied Sep 29, 2006
Not so actually... you are right that the first point will change. But if you think about it, when you move right on the timeline, might not the second point get updated too? Take an example - we have 5 valid supports - we call them point 1, 2, 3, 4 ...
Mouteki Trading
- jumper replied Sep 29, 2006
Very observant, llambert3! I believe the projected profit is indicative of the strength of the previous trend. Say we are in a downtrend now and it is this strong; now the downtrend is broken and we have a succeeding uptrend. It is logical to assume ...
Mouteki Trading
- jumper replied Sep 29, 2006
Here's the latest for those who are keen. No signals based on my chart yet. Some traders may be still in their previous short though.
:Mouteki Trading
- jumper replied Sep 28, 2006
My apologies then. I drew the lines using your chart. I downloaded your chart, enlarged it and drew the lines. Your vertical line is obstructing your chosen candle and I couldn't see where the low is. It just slipped my mind that this low might ...
Mouteki Trading
- jumper replied Sep 28, 2006
Yes I am. It's +24 at the moment but I have shifted my SL to +10. Either I get my pie or I get stopped out at +10 later.
Mouteki Trading
- jumper replied Sep 28, 2006
And just to elaborate, the supply line shown below is technically the most current correct one.
Mouteki Trading
- jumper replied Sep 28, 2006
Hello Sanchez, your supply line is drawn correctly -- but I am assuming that the next bar doesn't invalidate the resistance at point #1. Otherwise, that supply line would not be valid. Remember you need 2 bars on the right that is lower -- if the ...
Mouteki Trading
- jumper replied Sep 28, 2006
What do you mean? To my knowledge, all the charts I posted are correct at time of posting. With reference to post #19, there was a long signal earlier. But at this point in time, taking into account the most recent information i.e. assuming you have ...
Mouteki Trading
- jumper replied Sep 28, 2006
Ok, that's another "correct" way to use a demo. Good job!

Mouteki Trading
- jumper replied Sep 28, 2006
I think you have to exercise a bit of discretion there - not easy of course... It looks like a possible consolidation period to me so it's another one of those 50-50 that makes me bang my head against the wall. I would rather wait and see a strong ...
Mouteki Trading
- jumper replied Sep 28, 2006
Apologies, please ignore the "Sidus short" I mentioned - it has nothing to do with Mouteki method. As for stop loss, I must confess I cheat a little. Sometimes I follow Mouteki's recommended 50%/66% stop loss; other times, I use S&R nearby. If the 2 ...
Mouteki Trading
- jumper replied Sep 28, 2006
Sorry I am not entirely sure if I get what you were asking. Anyway I think I did mention that the swissy long I entered was not because of Mouteki method. Regardless, it was supposed to be a swing trade, but I was tempted to close at a small loss ...
Mouteki Trading
- jumper replied Sep 28, 2006
I am +12 in a Sidus short I am playing with. Here's the chart for Mouteki setup. No short signal on my chart yet.
Mouteki Trading
- jumper replied Sep 28, 2006
Good thing I didn't close my long at a loss to enter the short. It's +39 as I type.

Mouteki Trading
- jumper replied Sep 28, 2006
Don't you worry. I will just read it from the swirls of the pattern made by that mashed brain paste of yours that I smeared on the pavement earlier. Hmm... what does it says....
Mouteki Trading