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Jumper's journal of Mouteki trading
Started Sep 21, 2006|Trading Journals|74 repliesThis would be a "live" journal based on my understanding of Mouteki trading. Disclaimer: This ...
With reference to post #3... I have decided to close this trade at 1.1469 after it has hovered for quite a while. I am developing a filtering system at the moment, and it is telling me price wouldn't go anywhere for the time being. I might be wrong, ...
With reference to previous post #7... FAILURE! Net gain: -20 N.B. I sort of expected this to be a failed trade but the gambler in me decided to go for it anyway since the price has retraced so much that I only need to place my SL 20 pips away. Well, ...
CHF/JPY — Short @ 93.56 TP @ 93.16 SL @ 93.76
Actually, I have to mentally do a switch when I think about demand/supply line here -- my foundation in economics tells me that it is supply line that is upward sloping, and demand line that is downward sloping... But then again in economics, we ...
With reference to post #2... SUCCESS! Net gain: +67
USD/JPY — Short @ 116.69 TP @ 115.97 SL @ 117.41 Update: SL shifted to 116.59 for confirmed +10 pips since price has moved to reach +40.
Feedback for Mouteki custom indicator — Hello mono, I am having 2 little problems with this indicator. Is there any way to rectify them? Problem #1: The projected profit value is largely correct but the targeted price is wrong because it ...
Preference of slope of demand/supply line — I have a question if I may, Mouteki. Do you have any preference as to how steep a demand/supply line should be when broken? To elaborate, if you must decide to enter on only one trade, would you ...
CAD/JPY — Long @ 104.04 TP @ 104.59 SL @ 103.49 N.B. This is taken off a 3h chart.
AUD/NZD — Long @ 1.1464 TP @ 1.1659 SL @ 1.1371
EUR/USD — Long @ 1.2721 TP @ 1.2788 SL @ 1.2684 Update: refer post #6 for aftermath.
This would be a "live" journal based on my understanding of Mouteki trading. Disclaimer: This ...