Yeah, I'm Long on the pair but my entry was based of the daily charts. I dont know at what price point you entered but my Long entry was placed at 1.8723

Mouteki Trading

The key is to discipline your self. Normally it takes alot more then just 4 months to get profitable.

Mouteki Trading

Welcome to my world . I've been developing an EA and these things take way too much time to get them right, the dynamic nature of forex kills you alot .

bagovina needs an EA programmer

YasirYar, if you remember from our last discussion I had my limit orders set at 875, but since it hasn't reached it yet and its a Friday, I closed my positions at 850. Hope you had a good week of trading as well. Laterz.

Mouteki Trading

I'd disagree with this filter, this is a filter assumed by some of his follower, its not something that MoutekiTrader stated.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o> The assumption is made from the ...

Mouteki Trading

ra3000z, I didn't know about this filter, the only filter that I use in my trades is on ever break out I dont put in a market order, I put in a entry orfer that about 5 pips above the breakout candle. and if the entry order doesn't hit by the next ...

Mouteki Trading

Buk, to draw the supply line you start off by looking at the most recent top, which is at 1.8738 [10.18.06 - 04:00 EST]. Now you have your first reference, then you look for the most recent higher high, which would be at 1.8885 [10.06.06 - 12:00 ...

Mouteki Trading

If sticking to the system, the stops need to be placed 33% of the Range. But I tend to vary my stops, its either 33% or the recent low(if its a tall candle, the below its end or the recent congestion) which ever is greater, thats where I put my ...

Mouteki Trading

It says to use the two most recent tops to draw the supply line. And from my understanding, he's drawing them correctly. coz the second high is back 2 weeks or so. And yes, this would be a break.

Mouteki Trading

Do you know where I could find one?

Mouteki Indicators

Candle Patterns/Divergence/price being over sold/bought etc.

Mouteki with other time frames?

I'm not trying to do what you do, I'm just trying to have someone prove me wrong and in return learn something new. I know my questions might sound off, but I've had issues with ignoring the higher time frames support resistance levels but I guess ...

Mouteki with other time frames?

A break above the Supply Trend Line will suggest a Huge push towards the upside, but will this target hit or not, one never knows. So manage your stops intelligently.

Mouteki Trading

Not many, just the RSI (only for divergence), support/resistance,Fibs, Bollinger Bands and candle patterns. I've been trading for about 8 months and I do it part time. But I've done alot of reading and still learning. And I'm in the States.

Mouteki Trading

First of all the definition of a hammer is, it should come after a down trend. I think you're mixing up a Hammer and a Hanging Man. For the divergence chart.... take a look at the attached picture. The green line that you see next to the hammer is ...

Mouteki Trading

About your other question: For how long will the pair move, I can't say anything, but keeping the fundamentals from the previous week and from today I've set my limit orders at 1.8875, and I have my current stops at under 1.8640. My entry point was ...

Mouteki Trading

Everyone trades very differently and there are more then one successful way to trade. For me, I use Daily Candle patterns and support/resistance levels to pick my trade direction and use the hourly chart to pull the trigger. I've just started to ...

Mouteki Trading

I'm long on the pair too, and I have no Plans on exiting at this point, try drawing your supply/demand lines ont he Daily chart and you'll know what I'm talking about .

Mouteki Trading

The Demand line was broken onthe USDJPY, thats when I jumped in the trade.

Mouteki with other time frames?