This is what I do and its been good thus far. I draw my TLs on the four hour chart and convert those lines to an hourly chart. When the candle breaks the TL on the hourly chart successfully (the body going atleasst 10 pips deep into it) I put in a ...

Mouteki/Demark Trendlines

I've yet to see a case where the daily and the 4 hr break in the opposite direction. If this ever does happen I'll incline towards the bigger time frame break but at the same time I'll zoom in to a 30 Min chart and play the opposite breakout on the ...

Anyone Else Frustrated w/ Mouteki but don't want to give up?

Yo Saskai, No system will ever give you 100% results. So what if it gave you a bad signal, get over and wait for the next signal. Over all at the end of the month Mouteki is profitable.

Anyone Else Frustrated w/ Mouteki but don't want to give up?

I know what they are but I just curious how YasirYar uses them.

Mouteki Trading

I am curious, how do you use the daily pivots?

Mouteki Trading

I dont use pivots(though they are good). I just use pure price action. If you look at the 4 Hour chart, you can see the the price had issues going below 945. and I used that as my stop level (minor support).

Mouteki Trading

No plans to do so at this time. But I will keep moving my stops to protect my profits and will pick a spot by the time the UK session starts and let the trade run for the day.

Mouteki Trading

Now that I'm reading your post again, there's alot of things wrong with it. You sold right near minor support (940). You were risking 60 pips to gain 20 pips. You had no stops in order and predicting the top . (Trust me YasirYar, I've made all ...

Mouteki Trading

There are your two mistakes 1) You tried predicting the top. 2) You did not put your stops in. You should not have lost more then 40 pips on this trade.

Mouteki Trading

YasirYar, I'm a little tied up right now. But reversal as in divergence/candle patterns at support/resistance.

Mouteki Trading

I must repeat, Mouteki is just one of the tools I use while making my judgement. My trades are not solely dependent on Mouteki System. But in over all, this is a very good system, if you stick to it you should end up good. But what I dont understand ...

Mouteki Trading

There were no reversal signs on the daily charts. And I'm still holding onto my 7(from last week) + 4 (this week) lots.

Mouteki Trading

The pair was still bullish as I had mentioned my views in the previous post.

Mouteki Trading

My 2 cents, I ain't gonna go bear on the GBP till it gets below 1.8940

Mouteki Trading

When you attach the indicator to the chart, go into the properties and change the 'TakeLines' to True. Its going to be under the 'Input' tab

Mouteki Trading

Thats why you use filters to avoid such bad cases.

Usd/Cad...Mouteki

I dont know if this is the new or the older version, but it sure does draw the trend lines correctly

Mouteki Trading

YaisrYar, thats not an EA, what you're using is an Indicator.

Mouteki Trading

It ain't gonna go to 8500, its more likely to go to 9250 then 8500. Fundamentals are going to play a big role in it. Keep an eye out for the new on Friday and then the following Thursday.

Mouteki Trading

I noticed your indicator has problems drawing the trend lines correctly. But as of now, there is no breach of the demand line.

Mouteki Trading