I was told about mouteki from another trader, found on a forum somewhere. having tested it they said it seemed to be a great breakthru for them. I looked for the signs of one forming and not realising that i had set the trade at 4 lots instead of 1 was blown away by the $6720 profit from a 168 pip wave, off $10000 deposit. mouteki's happen about once a week, maybe twice if youre lucky. usually after a mouteki there is a correction which you can also ride back 1/4 or 1/5 the way which is a nice 20 - 40 pips. not every one trusts those corrections though. since then i have learnt that i was risking it huge and have tamed it down a bit. here is results of last 2 days....actually last night i rode a mouteki and if i can get the picture up i'll show you.
