oh well. . I neer believed the market would move 120 pips . . another lesson learnt
You do know it had been NFP day right?!
Check out the previous issue of this currency trader magazine -- if you are interested, they have a write-up about the number of pips transferred with relation to the various major news events. Don't ask me for the connection; I've deleted it. Go google it yourself.
Instead, I am certain that there are similar articles elsewhere on the internet.
Convinced I did. . But then I was demoing. . So I didnt really care. . Ive decided sick demonion for a month or two until im convinced I can do something great... then sick go. .
Yasir,
Just had a look in the chart, and a few comments. Your chart is a daily chart, Mouteki species 4H charts. Second, your trend lines are incorrect as the service point should have two candles before and two candles after that don't possess a lower .
Perhaps this could have been the reason for your losses?
Regards,
Kermut
Yasir,
Someone from the Mouteki threads there's an mq4 file that will highlight all candles that meets the candle standards for TD Level 2. Though it is going to highlight the candles, you will still need to draw your trendlines manually.
hello kermut... nope. . I just found that charts to find out whether I can attach images to this thread clearly. . iwas only messing around. . I attracted the lines from the 4h chart. . Then converted to daily chart thats y the traces are screwd up beleieve me ive gone through the mouteki manual 3 times. . That wasnt the cause of the losses. . the NFP was. .
hey. . Yea I have that app. . I just use it to see where the lines could be drawn then turn it off and draW THEM mylsef. . coz well. . It makes huge dots all over the chart if I use the mt4 EA only.
Mate you understand its true the next time we view mouteki is going to be about the evening news as Sasquatch sighting.
This really is a chupacabra down in Costa
turbo
But on an aid complete note I feel all you need to do is compare notes w/ s in your Is Mouteki really profitable?? thread.
Just need to probally ensure your TD Lines are being attracted.
turbo