Monthly chart for those who dont look past there 15 min swings

Cable Update (GBPUSD)

Wheres your SL??? You are long at 6117 and TP is only 6154 so thats a 37 pip gain and the market is so far at 6045 so you are down 72pips. Your risk is greater than your reward!!!!

Cable Update (GBPUSD)

Why do more and more people assume that good results on a demo account after 1 Month is sufficient enough to go live. Mate I hope your around for a while but seriously 1 month of demo trading. I dont believe in demo trading for longer than 1 needs, ...

Cable Update (GBPUSD)

Its no different to people who constantly look to trade in the opposite direction of the flow, ie going long in a bear market. Few traders are prepare to sell on short day and buy on long days, by this I mean the market for the day is down or up ...

Cable Update (GBPUSD)

To add to the previous> Great traders have dedicated a great deal of time to become successful. Great traders are not great because they have doubled an account before someone else, it is in there longevity. Longevity is time and time to a trader is ...

Strat's Long Term Stress Free Trading

The time is different for everyone. If your question is just posted so that you can formulate in your mind whether you can be bothered reading and understanding a particular method, then my suggestion would be to go and ask your bank manager how ...

Strat's Long Term Stress Free Trading

Trading your plan — We read about it all the time, trade your plan. What makes it so difficult for us to execute and trade our plan to the dot. For me it has been the past, watching positive trades turn bad, stringing loosing trades together ...

Razors Journal - Basic trading with PA at S/R

Still holding shorts from the beginning of the week. Added a EUR/JPY short yesterday which got 1:1 (I removed 2/3rds) before coming back and taking me out. Added a GBP/USD short today based on a break of the hourly pin. It has so far dropped a ...

Razors Journal - Basic trading with PA at S/R

WOW. First off lets hope your joking around here. SeriouslY??? In the case that your not, I seriously hope you have now placed a SL If not then I hope your ready to close out for a loss. SUB 6100 is quite possible today. A new LL would need a good ...

Cable Update (GBPUSD)

I never forget lol. Hope you have been well. You chose a great month to sit out, there was more punches thrown than an Ali Vs Fraser fight. It was tough. This month is so far setting up to be good, but we will just have to see. Great to see you back ...

The DIBS Method... No Free Lunch continues

Whenever you find yourself asking for reasons for whether you should or shouldnt close a trade that is running red you need to ask yourself. Do I have a strategy and if so am I trading it correctly. If you are down 100 pips because you failed to ...

Cable Update (GBPUSD)

Take care friend Razor

Cable Update (GBPUSD)

I dont either, Ive been trading long enough to know losses are part of the setup and they will happen 1000's of times through a trading career. My journal posted losses all last month with the chop and my account was down in total at the end of ...

Cable Update (GBPUSD)

Please dont take it the wrong way. I believe you, but then Im also not worried if your bullshitting, if you are then hey thats your call. If you got a margin call based on the same risk trade you would not have posted it here so hastily, that is all ...

Cable Update (GBPUSD)

I would say thats a big 10/4 in the no department. If my years of trading have taught me anything its that people like to show there winners, seldom share there losses. The bigger the win, the bigger the grin. You dont hear about the bigger losses, ...

Cable Update (GBPUSD)

great start to the week to compliment NFP — Todays 4 hourly breakouts worked nicely. GBP/JPY short took profit at 200 pips (bout 1.6:1) on 2/3rds of my position EUR/JPY short took profit at 110 pips (bout 1.4:1) on 2/3rds of my position and ...

Razors Journal - Basic trading with PA at S/R

If you account grows over time then the system is profitable. Pips mean nothing more than a measure to take profit or losses on. In the end you could have negative pips and still be profitable because your risk was greater on your winning trades ...

4H Box Breakout

Oh life is beautiful here in Australia. The grass is green, the skies are blue and we can still use the same setups as before, but the NFA looks to screw you (USA). My opening rhyme for the week

4H Box Breakout

As mentioned, there are different ways to trade it, there are combinations that work out better with different setups. The Profit Factor for any method will change with these combinations and provided the profit factor is greater than 1.00 then the ...

4H Box Breakout

??? What, is that a question and if so, in relation to what???

The DIBS Method... No Free Lunch continues