Charts — Mappollo Could u please post ur eur/usd anc usd/chf charts. I would love to see how u got 20 pips out of these this morning. By the way does this include the spread. I guess your stop loss maybe 35 pips. Thanks.

Nomoretoxic's breakout

Inspiration — I am just sharing an excerpt from a book. Maybe some of you have heard it before but it inspires just the same. This is a true story One of the most common causes of failure is the habit of quitting when one is overtaken by ...

New Mouteki Method...

YEAH MAN — I WANT TO BE LIKE MOUTEKI !!!!!!!!!!!!!!!!!!!!!!!!! You the MAN Mouteki. Yup, one of these days man, one of these days. Persistence like Thomas Edsion. 10,000 attempts to create the light bulb and he did not give up.

New Mouteki Method...

Trading Retracements — Hi Barak's Pip, I think trading retracements would be more like scalping pips, which as we know is risky. A trade would have to be entered eaxctly at that 987 level to have a some probability of winning. It is definitely ...

New Mouteki Method...

EUR/USD — About a possible retracement. If there were to be a retracement to the 610 it would take a long time, a lot longer than the time it took to get up there, several days maybe. The USD doesn't have that "juice" and the 610 is over 300 ...

New Mouteki Method...

Bingo: 987 — 987 has been hit, right on the money, to the pip respect. It has been a big move (approx.377 pips) for the day so it is expected to breathe. In terms of how much of retracement to expect, place a new Fib retracement from the ...

New Mouteki Method...

USD/CHF 987? — Ultimately it should hit 987. US Fundies outlook is weak plus the fact that the 987 level has FE's 261.8 (from the original move) and 161.8(from the last move).

New Mouteki Method...

EUR/CAD ? — Harmony anyone? FZ 610 looks like a fair target.

New Mouteki Method...

AUD/NZD — I'm looking at this too. The harmony is fairly good. Looks good for a short at 610 FZ then I would at least stay in until 987 FZ.

New Mouteki Method...

Nomo, How many pairs do u trade at once? If one, how do u decide which pair have the most potential at that specific time?

Nomoretoxic's breakout

EUR/USD — 987 is in sight. This week's fudamentals on the USD have dim forecasts (though forecasts are not always correct) and the EURo fundamental forecasts seem more stable than that of the USD. Euro should appreciate versus dollar. So again ...

New Mouteki Method...

Look as this trade unfolds — AUD/USD, consolidation taking place here, ever since the start of the Asian Session. A breakout is a must, trade the pullback. (I know it is not the NY session but it is just an example) Watch as this trade unfolds.

Nomoretoxic's breakout

FX Pipin and Jlmac I am really watching that USD/CAD as well. It is harmonizing very well. The 144 and 233 Fib zones look strong. The 144 zone overlaps retracement 38.2 and 61.8, while the 233 overlaps 38.2. Not only that, every single Fib zone has ...

New Mouteki Method...

Mouteki is Back !!! — I am glad to see you return Mouteki.

New Mouteki Method...

GFT Problems — I use GFT as well. One major problem I have is: If I open and close a trade during the day whenever their rollover takes place at 3pm (I think 2 or 3pm) I am re-entered into the market back into my last trade, even though it was ...

GFT Forex sticking it to their customers again

Crazy Day Nomo. Only got the EUR/JPY so far: 20 pips Only because I trade EJ as a straight breakout. All pairs are just flying, zero pullback. Crazy Friday.

Nomoretoxic's breakout

A Great Method. — Yup. As a member noted in her post that her husband was wondering if this method could work between 22:00 and 24:00. I really think that this method can work anywhere consolidation is spotted at anytime on a 5 min chart. Look ...

Nomoretoxic's breakout

Yup

Nomoretoxic's breakout

So you entered to the upside later on in the day for the EUR/USD? Anyone who entered to the downside earlier in the morning had to get stopped out, unless they only wanted like 10 pips. I suppose u entered the AUD/USD on the Big Dog method (straight ...

Nomoretoxic's breakout

yaaaay for pound! Northbound to the London High. I just got my 20 pips. Thanks Nomo.

Nomoretoxic's breakout