I would love to take my SL back on the 50% fib line, this baby is tanking. Hold on to it as the Weekly has room down, the daily has room down, If your up 5-10:1 I would he happy to lock in some pips and let this ride out. Spewing I closed, but my ...

Razors Journal - Basic trading with PA at S/R

Whilst the SL is a little tight, it does also allow a trader to get better R/R returns. Im not going to pretend I trade this method, I just like it for its simplicity, however I trade IBs. Some of the best IBs (Inside Bars) have had a pip range of ...

Tony's Two Candle trading system

Dont mind me — I have just read the thread twice (short threads are great to get the gist of) and I have to say that the simplicity of this system could make it successful Far to many of you are asking questions that have been answered. In ...

Tony's Two Candle trading system

Message for Icarusfx — Hey m8 Can you allow for PM's need to send you something. Cheers Razor

The DIBS Method... No Free Lunch continues

Chart for the last trade set up

Razors Journal - Basic trading with PA at S/R

took profit at the 50% retrace line (chart attached) which was my profit goal. I did lighten up at 1:1 which i was fighting with myself not too, but thought I had better considering most of the counter trend trades I took end of last month cost me ...

Razors Journal - Basic trading with PA at S/R

I may also add to this position if we get another IB that has small pip risk range. We are still below the open of London so heading into US there may be some momemtum to push this further down.

Razors Journal - Basic trading with PA at S/R

Great setups on the GBP just last hour. IB on the hour and a Shooting star on the 4 hourly. Took the short and ran 1:1 which occured around the 36.2% retrace. Looking for the 50% retrace to take further action on my position. Chart Below

Razors Journal - Basic trading with PA at S/R

GBP — Great setups on the GBP just last hour. IB on the hour and a Shooting star on the 4 hourly. Took the short and ran 1:1 which occured around the 36.2% retrace. Looking for the 50% retrace to take further action on my position. Chart Below

The DIBS Method... No Free Lunch continues

Thanks buddy, would have been nice to have traded Thursday which had good potential and trades that havent been hit and are some distance off, EUR is moving forward again aswell which would have added, Ohwell new month, new opportunities

Razors Journal - Basic trading with PA at S/R

Mays results — Pretty happy with the start of the Live journal. The account was grown to at one point close to 50% but with 4 failed trades to close the month out (EUR choppiness) we closed at 19.21% for 3 weeks of trading. The shorts from the ...

Razors Journal - Basic trading with PA at S/R

Yep there is no problem with holding an IB for a longer period of time with execution. Some of the best IBs happen straight after, momemtum takes you in, however in the reversal case there may be sometime between the changing of the guards. PC had a ...

The DIBS Method... No Free Lunch continues

It is my way to avoid gambling in the markets. However saying that, since having a renewed outlook for trading I feel I have somewhat adapted much of my mentality into playing poker. The results so far have been quite good (bar the episode of ...

The DIBS Method... No Free Lunch continues

WOW has it been choppy. Not much there for IB's unless you take some profit along the way. I decided not to play yesterday instead opted to head to a poker tounament. Not a bad night, finished 2nd and won $180 for a $10 buy in so no complaints. ...

The DIBS Method... No Free Lunch continues

THE DEFINITION OF FRUSTRATION? THE EUR/USD over the past 2 days. Great breaks down but no continuance. Im getting past it this week, just seems like we need to breakdown but we may not get it. Closing off for the night now, tired frustrated need ...

The DIBS Method... No Free Lunch continues

EUR short just hit 1:1. Next Profit target is around 3750 give or take some. Im looking for profit as this is against the trend so I will be looking at some key areas to move my SL to book some profit. Ultimatly if I find an IB lower that signals up ...

The DIBS Method... No Free Lunch continues

My short for the EUR today has just gone 1:1 which is nice. Im still looking at this trending down for the next couple of days, at least to some area of support like 3750 which is around the hourly TL and previous support on the weekly. 2 charts ...

Razors Journal - Basic trading with PA at S/R

Ive been trading this method for close to 3 months now and I havent noticed it at all. That may because Im not in the market, the market is no where near my order or the major news wasnt major enough to create slippage in my area. I dont trade ...

The DIBS Method... No Free Lunch continues

All trades yesterday — All trades yesterday stopped out after making some initial solid moves. At the peak I had some good account growth. The hourly IB cost me nothing as it went free ride but the 2 dailys hurt some. Looking for today to ...

Razors Journal - Basic trading with PA at S/R

Personally news doesnt both me. The only news that really affects things are NFP and rates. However it is up to you. except for the 2 above, I still trade and iB. The market has to come to you first off so if it breaks in your direction, just hope ...

The DIBS Method... No Free Lunch continues