What timeframe are you primarily trading the Mouteki/Demark method on?
Poll
- What timeframe are you primarily trading Demark/Mouteki on?
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Quoting Nick_likes_pipsDisliked4hour GMT-4 (EST).
Have any of you had consistent success trading mouteki/demark with smaller timeframes?Ignored
Quoting Horace KentDislikedHi Nick,
I haven't tried anything other than 4h GMT. I'm thinking of using a 1h, but it seems the price projections will miss out on many pips. I'm not sure how to get around this issue.
regards,
HKIgnored
Quoting Nick_likes_pipsDislikedbtw, if anyone disagrees with whatever i'm saying, please..feel free to tear me a new one lol. i'm still a newbie, so opposing ideas are ideas nonethelessIgnored
Quoting accreteDislikedHi all. I have been using TDTLs profitably on 1hr charts for over a year. : ) ThomIgnored
Quoting Horace KentDislikedHi Nick,
I haven't tried anything other than 4h GMT. I'm thinking of using a 1h, but it seems the price projections will miss out on many pips. I'm not sure how to get around this issue.
regards,
HKIgnored
Quoting Neilg36DislikedHello accrete,
I too like 1hr bars.
Can you tell me if you use the same count on one hour bars as Mouteki used on 4hr to select the bars to draw the trend line against? (ie, two bars either side of the supply/demand line bar). (2,1,0,1,2)
(I'm sure I could of made that clearer).
Neil.Ignored
DislikedHi all. I have been using TDTLs profitably on 1hr charts for over a year. I also like to take the close of day at London 5pm market close even though i live on the Pacific coast. I feel the volatility leaves the market most days once London closes so why not base my daily H/L off this data? Just thinking out loud of sorts. One of the recent Tom DeMark articles i read stated that some take this as the preferred \"Close\" rather than NY? I trade manually off the Alpari feed wich is currently set at Central Europe Time but i usualy don't trade off the daily candle.
HK, you did get my PM on your request about my profit taking model? I don't think you will miss any pips-to-be-had on a given trend with that TP model.
: ) ThomIgnored