But on eur/usd the next bar did open above the supply line...so how would your comment apply.

Mouteki Trading

Please explain to me how that applys to the supply line...if it is referring to preices opening below a demand line

Mouteki Trading

Give it time...It iwll eventually take profit. Since you are trading against the trend, it is possible that trades will go against you.

Mouteki Trading

Okay I did too, didnt want to do it alone lol: I set take profits to (I subtracted spread) USDCHF-1.2563 EURAUD-1.6759

Mouteki Trading

LOL to above post...doing the laundry or mowing the lawn...great examples. Anywho...whos Longing USD/CHF at 1.2480 Shorting EUR/AUD at 1.1.6856 ?

Mouteki Trading

Lol sorry...misunderstood ya. A lot of people are deviating from the root system, thought you were making that mistake too. Yea, I agree...lots of trades bout open up.

Mouteki Trading

Here ya go image *Just realized that i spelled noon "newn" on the chart...lol how did i do that?

Mouteki Trading

Why are you using the 30 minute chart?

Mouteki Trading

Yea I cashed in both ways...luckily IBFX allows hedging. I opened the trade when it broke demand and then supply line. This was sorta stressing considering one of my trades was at a such loss...but since i trust the system, and i know the patterns ...

Mouteki Trading

Yea....That should be the time it opens above trendline

Mouteki Trading

I am not at a computer (I am surfing the net on my phone), so I can't see different views of the chart...only the pics that were posted... so if that is the case then I totally agree to wait since trends can break resistance.

Mouteki Trading

Also...I am a very patient man...this trade might go against you for a while before reaching target. So if you are not willing to wait possibly days for a trade to go in your favor then you might want to shy away from this one. But everyone you got ...

Mouteki Trading

Peter would reccomend in a situation like that not to enter the trade but me personally would look at a couple more things. On the daily chart that most recent candle is what I like to call a YIKES candle, since it looks like a big exclamation point ...

Mouteki Trading

I always try to enter within 5 pips of opening candle price after trendline break

Mouteki Trading

No I follow the documents guidelines....I only use 4 hr charts for my entrences

Mouteki Trading

I didn't write down where I entered....those numbers are my take profit points...that's why they say long x UNTIL y

Mouteki Trading

Yea good point...But still, it does help, because as soon as it alarms,that tells you start watching your chart, it looks like you are about to have a trade happen

Mouteki Trading

Try using the Mouteki indicator posted a page or so back, it is great at finding the points and actually drawing the trendline. But i beleve everyone in this post agreed that if the trendline is to steep its not accurate..hope that helps. ...

Mouteki Trading

Totally agree with that...I was like that when i first started....but as the months passed i learned if I am going to win this game I have to be more patient.

Mouteki Trading

Yes...Except one or two, but that was because i had the other indicator on...but as soon as i switchted it, it came up.

Mouteki Trading