Way to go Great — I guess this is other wise know as swing trading. Which I think is the second most profitable Forex style of trading.

trade the reject of Sup/dem line

That would be the basic idea. I have not backtested this idea just noticed the potential when looking for trend line breaks. I think trading the reject of a trend line would make much more sense if it was in the direction of the trend. In other ...

trade the reject of Sup/dem line

profit — It's still going...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

detail — since the 1st candle that opened below the trend line didn't go below the bottom of the candle that broke the trend line I waited till it closed to make sure it didn't go back above the trend line. After it closed and I noticed the ...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

here is the filter I was talking about — Here is the filter I may use in the future. I doesn't happen on all posotive trades but I'm noticing it more and more. The Price came back to the trend line and was rejected. Great place to get in!!

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

Filters — On the subject of filters I noticed something on Mouteki trades. I switched to a 1 hour chart and I use the candle that is higher than the previous 8 and post 8 candles to find the 4 hour trendline. I end up with the same trendlines ...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

NICE!! — That's what I'm talking about Especially that Yen chart if those arrows are position entry's that's my kind of trading!!

trade the reject of Sup/dem line

terminoligy — I guess I didn't define what I meant corectly. Fading the sup/dem line would be a good way to describe it. Horice got what I was saying. It would be an interesting study to see how many times the trend line was rejected versus ...

trade the reject of Sup/dem line

research — Read the sticky's at the top of the room they explain the system...

How do you determine

see this post — Someone else is way ahead of you. url with a great solution I might add...

Q on Candle formation

trend line problem — I'd love to post some of my charts but when I push "prtScrn" nothing happens. I'm not sure how else to save a screen shot. I use CMS Visual Trader. It's a great charting system but I don't think I would ever use them to ...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

only problem — but if everyone keeps reducing the % at which they take their profit eventually the system won't work. After all you have to stay one step ahead of the masses to make a consistent profit. Maybe that's becoming a problem already ...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

filter options — I too am interested in a good filter. Even after avoiding low angle trendlines my success rate seems to be in the 25% range. And those winners hit my SL at +10 pips. Entering on the next candle going in the same direction ...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

The EUR — Strangly enough I didn't enter the EUR/JPY short till this morning after the drawback that punched others out. Perhaps it will still reach it's target. I did get in the EUR/GBP short at .6753 at 12:00 EST on Monday and am doing well.

Mouteki Trading

Greed — There is an old farmers story that goes like this: All the local farmers got together and decided that if they grew less potatoes the price would go up and they could make more money with less work. So they all agreed the next year ...

Systems and market reaction

link — They aren't big spikes but they're slow. Depending on the news they could be big. The G7 meeting article sure caused quite an opening gap across all the Yen charts. url

More news to Trade

whoops — Maybe I should have clarified... I'm not talking about scheduled economic releases, I've been trading them for months I'm talking about articles about forex that bloomberg releases. For instance: "ECB Officials Say Inflation Pressures ...

More news to Trade