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Razor_trader replied Jun 23, 2009We may get some stalls and we may get some more action, we may even get stopped out. Im BE on both so I am now looking to the bigger picture and that is action along the TL. So far both these pairs have trended beautifully. After touches/swings to ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 23, 2009Very Nice, the question is now, how long can you hold it for???

Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 23, 2009USDCad could be heading down. There is alot of resistance above. Commods have pulled back some today as well so yes I think the CAD will head lower. Im looking for weaker US. I have taken longs on the AUD/JPY and USD. both are off daily trendlines.
The DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 23, 2009CAD closed — Took the USD/CAD off the table just now, 20 EMA has crept up and the IB below todays open was enough reason to secure those pips. We are coming up against some resistance also. This trade was fantastic. The free trade yielded 3:1 ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 23, 2009Trades — Two trades setup AUD/JPY and AUD/USD both long. Daily support of Trendline looks to have held here and the 2 IBs on the last hours risk range is less than 30. These could be the base of the trend resumption which would be very nice. ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 22, 2009Majors — Alot of the majors are reaching there trendlines either today or sooner this week. There might be some minor chop whilst the direction is settled. Breaks will offer great rewards to those already in DIBS, but if we get some signs of ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 22, 2009HE HE HE I sure did, its late and im about to go to bed after a good start to the week. Just like stirring it up a little every now and then
Take care m8 RazorThe DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 22, 2009Sorry Ill put a
and a
and finally a
to show no hard feelingsThe DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 22, 20091. For the DIBS setup, you are looking to take short trades when an inside bar forms below the day's open (6am GMT) and you are looking to take long trades when an inside bar forms above the day's open That is exactly what was posted. Besides can I ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 22, 2009This is exactly why we want to go with the momentum of the day. The above Hikkake or false breaks where all against the daily momentum and then the market continued. We want to be on the continue side. If at the end of the day the market doesnt ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Jun 22, 2009Decending trendline could come into play here. Weaker commodities will help push this through. I was spewing that I didnt short the Silver this morning. It would have bolstered the account nicely but I chickened out lol. Take care m8 Razor
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 22, 2009USD/CAD first lot off at 1.1500. Total risk was 26 pips and that move gave me 3.5:1 risk reward.
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 22, 2009New week — Well lets see some results this week. So far this week I have a long USD/CAD which is currently 1:1 and running nicely. I chickened out on shorting Silver this morning and so far it has tanked (damn chicken boy). Other trades setup ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 19, 2009Lol we had a shocker this week. Talk about wipsawed to death. However if you not in it then you stand little chance of catching a great trade. It is interesting watching and reading information of players who have been in the game for more than 25 ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 17, 2009Picture of summary — This is the picture of the summary. Notice down the bottom the return on equity
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 17, 2009After spending some good time looking over alot of Joel Rensinks works it has hardened my resolve that if you keep at something you will be rewarded. Far too many traders follow the threads that promise 80% or better win rates. They get caught up in ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 17, 2009Welcome aboard, I have followed alot of Joels videos and works and understand wholly that things take time to manifest. I have patience and plenty of time to get the big trades that pay off with dividends. Razor
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Jun 17, 2009Sore — Well this week has been excruitiating and has hurt. Last 5 trades have not gone 1:1 but cost me the complete amount which can really hurt. Couple that with some trades that held really good promise before being killed at 1:1 or slightly ...
Razors Journal - Basic trading with PA at S/R