By the way, Candle Sticks is pure price action.

Mouteki Trading

There are still many people who trade just based off of pure price action. Hey YasirYar, could you go back one month from now and write the trades that Mouteki method would have generated?

Mouteki Trading

No indicators, just pure price action . I could trade and be profitable if I had no charting and only the price data on a spread sheet .

Mouteki Trading

The other thing is how I trade non-mouteki, its not going to be an auto EA but a system that will require me to draw some lines on the chart and it will take it from there. So i can sleep .

Mouteki Trading

I'm 70% done with this EA but before I complete this one I'm working on another personal EA. Once thats done I'll complete this one and will PM it to you and initially I'll only set it up to work under a demo account till all the bugs and quirks it ...

Mouteki Trading

An EA can be made even if dicretion is involved. Every thing and anything can be represented mathematically.

bagovina needs an EA programmer

OR when you see huge 50-60 pip drop on this pair, just know that I pulled out my $$ .

Mouteki Trading

I've yet to get a false breakout signal (off course it depends on, if you can detect the false breakout or not). Read my guidlines again and try demo trading it, you'll get a better understanding. Its alot tougher to trade it like this then just ...

Mouteki Trading

YasirYar Today was a nice oppertunity to use the muteki method how I was explaining to you yesterday. Draw the Lines on the 4 Hr and look at the breakout on the hourly chart. You're getting the signal much earlier then what you would get only from ...

Mouteki Trading

My entry was at 723 and I've kept on added lots to it. As of now I have 7 Std Lots on this trade. I normally dont hold on to trades for long but if the setup is there and the fundamentals are backing it, I let it ride. Cut the losers and hold onto ...

Mouteki Trading

Still Holding my Longs From the 24th, Will close all my lots probably today and will access the situation again on Sunday.

Mouteki Trading

Ok, this is an indicator. If I convert this to an EA i'll pm you so you can demo test it on your favorite pairs.

Mouteki Trading

Is that an EA or an Indicator? Can you post it?

Mouteki Trading

I see you're using some indicator for Mouteki on your charts. Do you have the source file for it? Do you use any EA for this method? If so, can you share it, if not and if you have the source for the indicator you're using I can make an EA out of it. ...

Mouteki Trading

Over all I trade more then one pair, I'd trade any pair when it setsup correctly for me. But as far as Mouteki System goes, I'm only trading the GBP. Which four majors do you trade and how have the results been for each?

Mouteki Trading

I'm only trading the GBP/USD. And yes, I've been getting some good trades, someone following only the 4hr chart would get those trades too but the only difference would be most probably I'll have a better entry.

Mouteki Trading

If you dont use any filter thus far, you should try to figure out some filter, it wont cost you much but will save you alot of pips. I filter my signals by not placing a market order on the breakout but rather a entry order just 1 pip above the ...

Mouteki Trading

You have to understand the gist of the system, the reason why Mouteki trader picked the 4 hr chart was to filter out the noise. And the 1 hr chart does have alot more noise then the 4 hr chart. But I noticed at times my entry was a little late and ...

Mouteki Trading

I use my little twist with this method and in that I use the 1 hour chart and Its been good to be this far . So saying 1 hour chart doesn't work would be false.

Mouteki Trading

YasirYar and others who trade the Mouteki, I am curious what filters do you guys use?

Mouteki Trading