Some information about moutaki..must read! (Some info on moutaki..must read!!)
Hi ppl, just wanted to let you know some things that might help with your trading. I have seen many posts saying that the moutaki material is not good enough. Some people get very frustrated with this approach. So I just want to point out a few things.
1. Use EA to automatically create demand and supply lines...whether it makes them perfect or screws them up..don't worry..it won't change the way you trade..
2. Never enter a trade in any way when both the demand and supply lines are cut by price action.
3. Never take a trade just because you think it will go in that direction. Price movements can be tricky..
4. Wait for the line to break.. then give it 20 pips in the direction of the break.. then enter the trade.. don’t enter immediately after the opening of the first candle
5. Never attempt full price projection. Phase out your positions.
6. I found that major currency pairs follow this moutaki method very accurately.. GBPUSD and USDCHF.. Give it a try..
7. Always look at the 4 hour chart.. and look for weekly resistance levels that may hinder the price movement.. If there is any resistance level nearby.. wait for the price to break above it before entering a trade.. or take profit at that level.
8. Forgot, read the moutaki material 3 times before trying anything.
Hope this helps any newbies complaining about Moutaki.
1. Use EA to automatically create demand and supply lines...whether it makes them perfect or screws them up..don't worry..it won't change the way you trade..
2. Never enter a trade in any way when both the demand and supply lines are cut by price action.
3. Never take a trade just because you think it will go in that direction. Price movements can be tricky..
4. Wait for the line to break.. then give it 20 pips in the direction of the break.. then enter the trade.. don’t enter immediately after the opening of the first candle
5. Never attempt full price projection. Phase out your positions.
6. I found that major currency pairs follow this moutaki method very accurately.. GBPUSD and USDCHF.. Give it a try..
7. Always look at the 4 hour chart.. and look for weekly resistance levels that may hinder the price movement.. If there is any resistance level nearby.. wait for the price to break above it before entering a trade.. or take profit at that level.
8. Forgot, read the moutaki material 3 times before trying anything.
Hope this helps any newbies complaining about Moutaki.












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