Yes.. i have drawn this pairs on monthly chart. I think it has the tendency to go UP. The stoch 8,3,3 and the EMAs are supporting this uptrend. Anyway, along the Up trend signal, there will be Short Trade If u insist on going LONG with this ...

Candle Stick Pattern & Fibonacci Retracement

Wew! I must say that this is quite tough to answer.. But i'll try to give u a brief explanation. Pls check the EUR/USD Weekly below. To draw a fibonacci, u should have 2 points. 1. U see the DOuble TOP above? It shows a trend reversal. So, the price ...

Candle Stick Pattern & Fibonacci Retracement

Nice drawing. However, u should always check with other time frames for confimation. Herewith AUD.USD weekly chart. If the price passes the Resistance level, it could go the next fibo level. Anyway, if the price passes the support level, it will go ...

Candle Stick Pattern & Fibonacci Retracement

Fyuh! Thnks for the briefing I do agree that Mouteki does not work in Choppy market. It works well in a trending market. Thats why i left it behind. Coz i, myself, has lost a lot when trading with Mouteki Dont u read my post ( the last ...

Mouteki Updated. Check this out!!!

One thing which is important. U have to set the fibonacci level 0 and level 100 correctly before u enter a trade... Pls learn from the attachment i posted before. Leo

Candle Stick Pattern & Fibonacci Retracement

I've just seen your attachment. u are actually use 30min chart. And i found several mistakes, like you did not put the fibonacci correctly. U also did not notice the pattern correctly Try to use bigger time frame like 1day or weekly. U have to be ...

Candle Stick Pattern & Fibonacci Retracement

Sure... pls give me comment... i'd love to see your trade... Leo

Candle Stick Pattern & Fibonacci Retracement

i havent trADED with usd/chf. I will take a look. Leo

Candle Stick Pattern & Fibonacci Retracement

Yes.It covers the previous OPEN and CLOSE. NOT cover the previous HIGH and LOW. In the japanesse candle stick, the OPEn and the CLOSE of a STICK is called a BODY. So, the 2nd candle's body must cover the 1st candle's body. LEo

Mouteki Updated. Check this out!!!

USD/JPY 30 minute — This is my newest trade. The Tripple TOP are one of the powerful sign of trend reversal. And Double Bottom also do the same. If u switch the chart into 15 minutes chart, there is a Bearish Engulfing Pattern which indicates ...

Candle Stick Pattern & Fibonacci Retracement

MOve to a new thread — Hi there, Since this thread has no connection to the Mouteki Rule, i would like to inform you, that i have already made a new thread. Pls take a look. url Thanks for all of your support and response. I'll see you ...

Mouteki Updated. Check this out!!!

USD.JPY daily — Herewith i give an example of USD/JPY which had made it's perfect price projection at level 161.8 fibonacci. Set the 1st signal ( Bearish Engulfing pattern ) at level 100 fibonacci and set the 2nd signal ( Bullish Engulfing ...

Candle Stick Pattern & Fibonacci Retracement

Example of Bearish Engulfing pattern

Mouteki Updated. Check this out!!!

Hi wan, Bullish Engulfing pattern : It's a BUY signal which consists of 2 candle stick. The second candle must ENGULF or cover the 1st candle. Bearish Engulfing pattern : It's a SELL signal which consists of 2 candle stick. The second candle must ...

Mouteki Updated. Check this out!!!

Hai Panjan.. Apa kabar? Which time frame? I think u should choose bigger time frame. Like 4 hour, 1 day or even weekly. This makes your chance to take bigger profit and the signal looks more obvious. Of course, you have to be patient. As long as u ...

Mouteki Updated. Check this out!!!

EUR.GBP this week! — Now.. it is time to introduce u to the next FIBcan ( fibonacci Candle stick ) method. This is called 1.2.3.4 pattern. Fibonacci used is Fibonacci Retracement. The price begins with a downtrend from point 1 to point 2. Then ...

Mouteki Updated. Check this out!!!

I am really sorry that i have to delete this post to avoid further confusion Actually i would like to change the Topic of this thread ( MOUteki Updated ) into Candle Stick Pattern and Fibonacci Retracement. I think this topic is more suitable ...

Mouteki Updated. Check this out!!!

aGAIN GBP/USD daily — Hi all, Maybe i get too excited but Forex really never been like this before. Since i knew a bit about the secret behind the Candle Stick Pattern hehe.. I'd like to say million of thanks to my friend there who is very ...

Mouteki Updated. Check this out!!!

Following is GBp/USD 1hr chart. I have opened Long for this trade. And so far it has given me profit. Watch out for its volatility. Notice any trend reversal signal! The stoch 8,3,3 gives strength to the Uptrend. COz it crossed up ! Leo

Mouteki Updated. Check this out!!!