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- Angler replied Oct 5, 2006
hi.. Thinking that we might not be able to get into a trade unless your already in..I have 50mins for new bars...but only 20mins till data time...market could be a little unstable for entry..
Mouteki Trading
- Angler replied Oct 5, 2006
hi... Hi Art_1.. The most recent bar with an arrow above it is bar 5 of the 5bar set-up which I was only showing as being equal with the middle (3rd bar )..The way I understand it when a more recent bar has the same high lvl..you draw the line to ...
Mouteki Trading
- Angler replied Oct 5, 2006
hi.. This is my version of the Eur.. the bars below the arrows have the same high lvl.
Mouteki Trading
- Angler replied Oct 5, 2006
hi... Yes Jumper...there was a little confusion about the question I asked..but thats ok....and I do agree with what you wrote in the next couple of posts...
Mouteki Trading
- Angler replied Oct 5, 2006
hi... I understand what your saying Jumper...it just does not make sense to me.. Why when the S&D line is drawn only after the close of the 5th bar based on its high or low would the entry invalidate the 5bar set-up.
Mouteki Trading
- Angler replied Oct 5, 2006
hi.. ...you cant call it an entry if its part of the 5 bar setup pattern. you would need to wait for the next bar... Is this right ..?
Mouteki Trading
- Angler replied Oct 4, 2006
hi... Bramtioagung......Jumper was only saying your 2nd D line was not valid because there was only 1 completed bar to the right of you 2nd D line...but now its completed it sure is valid now... No trades for me for at least another 50mins...if it ...
Mouteki Trading
- Angler replied Oct 4, 2006
hi.... I think as I mentioned in another thread.....if this was share trading you may have a chance with the filtering but being Forex where ..News...economic data.. and some countries politician making statements ( like Korea ) I think we must face ...
Learning From Unsuccessful Mouteki Trades - The Search for Filters...
- Angler replied Oct 4, 2006
hi... Hey...whats this trout thing.....did I say something stupid...if I did just add it to my list of stupid comments...hahah
Mouteki Trading
- Angler replied Oct 4, 2006
hi... Ok guys....I miss understood what you were doing with the hidden divergence stuff...no worries... I was looking at the charts last night and today...it sounds obvious but I am thinking before we take a trade to make sure there was not a much ...
Mouteki Trading
- Angler replied Oct 4, 2006
hi... I think the idea behind the Mouteki method is simply to trade from the charts with a trendline...adding all of these other indicators really makes the water cloudy with way to much information....to the point where it becomes difficult to make ...
Mouteki Trading
- Angler replied Oct 3, 2006
hi.. Thanks for that quick reply ..Branac. One more question if you have time.. Is there any rules regarding the steepness of a trendline.. If what you said about exit one trade and go with the new line...would that not mean that the trade on GBP ...
Mouteki Trading
- Angler replied Oct 3, 2006
hi... A question I have not seen an answer to ....what happens in situation like now on GBP.....were a new trendline developes for a trade in the opposite direction to one that is currently in play.?
Mouteki Trading
- Angler replied Oct 3, 2006
hi... Have only just started reading this thread...but asking...why would you be long on GBP.. The trendline in play right now would be the line started at the low on the bar around 1.8677 which for me the the open on this current bar opened below ...
Mouteki Trading
- Angler replied Dec 12, 2005
hi.. The worry I have nutmg12 is with the question you asked... Does anyone know of a good indicator to idendify the Whipsaw? with all your reading and studying the charts you should have come to the conclusion by now that no such thing exists...if ...
Keeping it Simple