This system lends or could lead to a lot of misinterpretation. In my opinion, the GBP/USD signal was given yesterday, not this morning. For those people who were on their toes, they got in yesterday. The mouteki system gives many signals, depending ...

Mouteki Trading

Point of resistance was actualy 150.262. I don't know what my projection was this morning but I seem to recall 150.5 or something outragious like this (i think it was +108). TP of 150.00 is 'nuff profit for me

Mouteki Trading

Actually, I'm not at all. My TP projection was well above 150.20, but do you feel any safety knowing that it was a point of resistance a couple of weeks ago and hasn't broken above it since? Better to set your TP less than 150.20 for safety.

Mouteki Trading

You're right. Thanks for pointing this out.

Mouteki Trading

First of all, I want to say thanks to Mouteki for all the great advice and a great system. I always knew trendlines were the best way to trade (indicators are garbage since lagging), but I didn't like 4hr timeframes and didn't have solid entry/exit ...

Mouteki Trading

I'm in on this one, so far +22. But I set my TP at a point of resistance a couple of weeks ago. I think its safer to play it that way. TP = 150 for safety (though you could up to 150.20). My SL is 147.81, but I plan on bumping it up

Mouteki Trading

This setup doesn't give me a warm and fuzzy. It could go up, could go down.

Mouteki Trading

I went short on USDCHF even though the signal had not been properly given. Had a 35 pip gain unrealized. Then woke up this morning at -70 or so! Two mistakes made: (i) didn't execute at the proper time (afternoon), (ii) the signal had not been given ...

Mouteki Trading

Not me, I don't think its the proper setup (if we're looking at the right candles). Point A should be either 09/11 08:00 or 09/07 08:00. Neither gives me a warm and fuzzy. I think on this one, I'll wait until morning. I'm short on USDCHF demo.

Mouteki Trading

Depending on the time you check your charts, it could have signalled several shorts. My chart from earlier today had not yet signalled a sell, but being a demo account, I decided to jump in anyways. I'm getting out earlier too. My oanda demo account ...

Mouteki Trading

I think USDCHF could be a candidate shortly. Nice uptrend.

Mouteki Trading