This is a trade I took this morning. So far +356 pips

Mouteki Trading

Spot On! You forgot one other thing though..people are just too damn impatient!! Once the trade has been placed LEAVE IT ALONE!! Let it run to it's stop or target, or if your system so desires, take off pips at a certain level. Either way..fire and ...

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

I took the sell, but at a 8798..the time difference strikes again! Oh well, still currently +40 anyway!

Mouteki Trading

I am sticking to the method and re-entered this short from 150.07 with real money. My stop is at 150.37 and target is 148.98.

Mouteki Trading

Im not sure the MM works with the Yen pairs..way to much manipulation goes on by the BOJ. Anyway, I have been stopped out for -42 on the latest spike up. I was short from 149.72

Mouteki Trading

My trade is still running, currently -9. My stop is at 813.

Mouteki Trading

Dont be mad..as long as you followed the rules of the system..there's no problem.

Mouteki Trading

Unlucky!..However, you entered the trade 100 pips after the open!

Mouteki Trading

Also for those who SB..Capital Spreads has USD/SEK for 30 pips.

Mouteki Trading

SL..what a great post! I have been trading for over 10 years and have only had a consistent profitable system for the last 2 years. I used to be an indicator junkie..AROON, TRIX, MA's, Stochs, BB..you name it, it was on my chart. In hindsight much ...

Why are we afraid of simplicity?

I have taken this same short trade from 8712 with Target 8300 and stop 8812. 1:4 Risk Reward. Lets see how it goes.

Mouteki Trading

I am doing very well with a USD/JPY trade I took today..it just required some patience. Note..avoid GBP/JPY as it really does have a mind of its own..EUR/JPY and USD/JPY seem to work ok though.

Mouteki Trading

I took it from 9032. Traded 3 lots and scaled out 1 lot when the trade was +45 and moved stop to breakeven which has not yet been hit. Indeed, it is currently +30. The remaining 2 lots will run until the target (8905) or b/even.

Mouteki Trading

Lambert, in my humble opinion, if you are trying to preserve your pot, GBP/JPY is a pair to avoid. Of all of the pairs I trade (20 in total) it is the one that least fits into any trading strategy (Fibs, Cam Levels, Pivots etc).

Mouteki Trading

Nchosen, I make it 87 pips for price projection and hence a 43 pips stop. See chart attached (different MT4 broker so will differ slightly)

Nchosen's trades by Mouteki rules

N, your price projection doesn't smell right. GBP/JPY is a pretty volatile pair and hence a PP of 43..just looks odd. Ill have a further look and see whats wrong.

Nchosen's trades by Mouteki rules

OK..just wondering in what way you were using it. Cheers!

Mouteki Trading

Im a little bit confused as to why you would use a lagging indicator to confirm what price is telling you? Just my 2 cents.

Mouteki Trading

Hi Navad. Execution is usually ok on the Scandis. Spreads are between 30-50 pips. YOu can SB with Capital Spreads, or use CMC, Saxo and soon to be Oanda.

Mouteki Trading

It's a nice DEVELOPING set up, but you need to wait for the new bar to open above the supply line before going long.

Mouteki Trading