- Search Crypto Craft
- nitman replied Oct 29, 2006
really? that's not true! how did they invent the candlestick bad in the stone age then?
Mouteki Trading
- nitman replied Oct 29, 2006
I think he's trying to say that the stop loss should be before the point of reversal because once the market had turn, the point of reversal is where you should have entered and not just a stop loss point.
Stop loss, or reverse trend point?
- nitman replied Oct 29, 2006
Following a trend is easy. I use MACD with default setting 12,26,9 on 1H or 4H and follow the oscillating lines. It can be a whole system alone by itself!
How to enter a trend?
- nitman replied Oct 28, 2006
But that's for developing a system ... are you constantly tweaking the system you're trading so it won't lose money in the long run?
Inside the mind of a chronic complainer!
- nitman replied Oct 28, 2006
Ahh now I see! ::light bulb moment:: It's okay to modify a system after a long period of use. The mistake newbies are making is trying to fix something after a one losing trade. However, in a developmental period of a system ... people are ...
Inside the mind of a chronic complainer!
- nitman replied Oct 28, 2006
I keep all my indicators as well as downloading new one for historical purposes. The holy grail will pop out of that folder one day when I find the right combination!
The HOLY GRAIL
- nitman replied Oct 27, 2006
Wait for a slope down next week. Someone came out with a similar system where they enter the trade as soon as they see the slope of the 8 turn. It's call ej_4h method. I don't recommend jumping in after you missed it though. Unless it's near the ...
Help with Vegas 4HT
- nitman replied Oct 27, 2006
Interesting article. It's hard for most people to stick to something that loses several time in a row. So we must keep searching for the grail because it will make us invincible from the pain of losing...
The HOLY GRAIL
- nitman replied Oct 27, 2006
Try to not loss as money as I did with FXCM. I suggest opening an account with Oanda and take advantage of smaller lot size like $0.25/pip or which ever increment you want. You can buy/sell and do whatever you want on the weekend. But the spread ...
FXCM Discussion
- nitman replied Oct 27, 2006
why would you want to do that? your stop won't executed unless they can see it!
Script to hide Stop Losses from broker
- nitman replied Oct 27, 2006
When you're up and profitable, you're no longer trading with your own money. Money won is easier to part with than money you earned from work. When you make enough money to take bigger risk, you can do it with more peace of mind. Have you not try ...
5/13/62
- nitman replied Oct 26, 2006
I find this method favorable but it's harder to do it under 5min time frame with higher spreads. I was only able to trade this profittably because of 1.5 spread on Oanda (2-5pip). It's hard and slow process ... but it works.
Snake-Eye Trading Method
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Inside the mind of a chronic complainer!
Started Oct 25, 2006|Trading Journals|17 repliesSome people say that they are an advocate for KISS systems but I have not yet found one that ...
- nitman replied Oct 25, 2006
Finally, one of the FF veterans speak out about using the 1h time frame. If a Mouteki trade is going against you, you can look at the 1h for explanation because the same behavior work on the 1h as it should on the 4h.
Anyone Else Frustrated w/ Mouteki but don't want to give up?
- nitman replied Oct 25, 2006
Sorry Everyone — I apologize to those that were anxiously waiting for 2b's filters analysis. I am sorry 2b for making that rude comment. I was actually being more sarcastic than anything else because of another post where you gave me the ...
Mouteki Filters
- nitman replied Oct 25, 2006
Why are you modifying something that's already working dude. Just use Mouteki's stoploss strategy and not try to find reasons to let your losses run. I think it's cut you losses short and let your profit run ... something like that.
Mouteki Filters
- nitman replied Oct 22, 2006
It doesn't hurt to have an extra indicator for confirmation so I feel more confident about Mouteki entry because not all entry is a winner. All I am doing is making Mouteki method more suitable for me. I like Mouteki better in the 1H chart because ...
Adding to Mouteki without Understanding why
- nitman replied Oct 20, 2006
You should draw both lines at all time. In that example you pointed out, the price was more closer to the demand line so he only highlight that line instead of confusing you with a second line that doesn't come into play with the entry.
trend lines
- nitman replied Oct 13, 2006
I don't see why not. It's the best of both world if you can predict direction with fundamental data. I would use mouteki to buy US dollar right against other majors right now. Mouteki seems to be working just fine for aud/us for last couple signals.
Mouteki Trading