OK. eur/usd has hit the 233 zone starting from the top 4866, so I pulled fibs going down, and it has respected the 50% retracement. So I'm thinking we are looking for it to hit the 1st FE at 4589 and then retrace to a 38.2, 50, or 61.8. Then maybe ...

New Mouteki Method...

In the last video Mouteki said you could start your fib zones going down to see if there is a possibility of a move in the oppposite direction--which I did and it has already taken out the 144 and 233. He said if it retraces from these zones and ...

New Mouteki Method...

That's what I'm seeing as well. Although, if you saw Mouteki's last video (on the gbp/usd), he said that eur usually pays out to the 987 most of the time and not too often to 1597. He also said you could start your fib zones going down--which I did ...

New Mouteki Method...

If so it could be that same way with the eurusd--it is also respecting the 23.6 and is at one of the 61.8 expansion numbers.

New Mouteki Method...

Ok. So it took out the 610 and it is retracing. Maybe the 23.6 is as far as it's going to get. I have strong overlapping at the 377 and 50% retrace from this last low. But not sure it can get that high. If it starts dropping again from here (23.6), ...

New Mouteki Method...

It could be, but is the 23.6 a very valuable retrace number? It doesn't appear to be to Mouteki, but I guess it still could work. When you say reversal, do you mean this up retrace and then continue down?

New Mouteki Method...

Yeah I understand what you're saying, but just not sure what the answer is. Sorry!! I guess you could test it and see how it works, though.

New Mouteki Method...

Not sure if this has been answered yet or not, but if you take a look at Mouteki's blog (forexgemini.com) there are 3 sets of videos under the heading Categories. I believe he explains the fib zones in the introduction videos. I would suggest ...

New Mouteki Method...

One of these days, Jared, one of these days. . .we'll get there!!!

New Mouteki Method...

Thanks!! Just the news I've been waiting for!! And definitely: Thank you Mouteki for all the hard work you do to help us trade better!! I am so ready to start putting this new knowledge to work. Also, thanks to all you great ...

New Mouteki Method...

I can't wait to see Mouteki's video on his eur/usd trade!! I would love to see where he got in and why and where he plans to take profit (or maybe he already did at the 987). Anyway, will be interesting to see. I hope he still plans to do one--I ...

New Mouteki Method...

Yeah, just noticed that too!! This is awesome!! I am so excited about this method--now if I can just trust what I'm seeing and act on it--I could be up major pips! I, too, got in on the usd/chf--but here again got scared and closed it waaaayyy too ...

New Mouteki Method...

Ok. Question: the eur/usd has now hit the 987 going up, are we looking for it to retrace now?? Or since it has paid out the 987, do we look for it to slow down and maybe start heading down again? Or is it going to shoot on thru to the 161.8 ...

New Mouteki Method...

yeah i was wondering the same thing myself. . .

EURUSD

url Thought you all might find this interesting. Someone posted this on another thread. I haven't got to read all of it yet, kids keep interrupting me. Anyway, not sure how factual it is. . .sounds like it is probably written by one of those ...

EURUSD

Hey just read this. Finally!! Someone has spoken the hard-to-hear truth!! You are right--these people should not have been given money to buy houses they could not afford!! I'm sorry that there are so many foreclosures, and people are having to ...

EURUSD

I thought about this too. . .but if you look at the daily chart and draw fibs from the top 6035ish and down to 3880ish then look how the 38.2 and the 233 fib zone are overlapping (or at least very close to each other). I'm thinking it could possibly ...

New Mouteki Method...

It is very tempting to go short, isn't it?! But I think I'll still wait and see. . . I guess I could just trade it demo, though. Fx pipin, I'm with you. This thing is going to have disrespect the 61.8 and 377 area and maybe higher before I ...

New Mouteki Method...

WOW!! Someone else in my line of thinking!! I too am puzzled by others using the lower timeframes and pulling fibs to the upside. There for awhile I thought "Boy, I am really not getting this!! How does everyone know to pull fibs going up now? Am I ...

New Mouteki Method...

Well this last big move up was just a 61.8 retrace of the down move from 4907 to 3882. I have the same thing as lolla, and I think it would have to get passed the 61.8 and the 377 fib zone. Not sure by how much, but so far it has hit both of those ...

New Mouteki Method...