The USD pin was from the low yesterday. I trade off of a dealbook chart, but trade through Oanda due to the small account and that I can mould my trades with Oanda. The Dealbook setup only has fixed lots, so in order to trade through them I need a ...

Razors Journal - Basic trading with PA at S/R

This didnt eventuate with the JPY crosses moving higher. Missed a nice Pin/hammer on the USD/JPY on the 4 hourly. I was watching it but just didnt react lol. Take care all

Razors Journal - Basic trading with PA at S/R

I notice this whilst looking into CFDs last nite, but FF was offline at the time so I could post. I am going to just stick to Forex for now. Whilst the spread was large I would have, luckily, still made a fairly good profit out of it. I was too ...

Razors Journal - Basic trading with PA at S/R

Leverage — Just worked out that my leverage for the Oanda account was set at 30:1 which was unusual, I was sure I set it to 50:1 (im used to trading with 100:1) which has now given me somemore room to play I missed the Silver trade by only a ...

Razors Journal - Basic trading with PA at S/R

Screen Shot of move on hourly and minute — Attached is hourly and the 1 minute screen shot for silver BTW, the move would have added about 30% to my account had i taken profit somewhere around 13.80. 30% in less than 5 minutes, thats rediculous

Razors Journal - Basic trading with PA at S/R

Well its obvious that my calculations for CFDs on oanda just are a little off as i didnt have the margin, trading just 150 units (1 mini lot = 10000 units) at 50:1. Market SNAPPED down and I would have had BE +200 and be facing my TP (3) scenario in ...

Razors Journal - Basic trading with PA at S/R

Eur/Jpy — Looks to be rounding at the top on the hourly, hourly trend is down so might be a chance to short

Razors Journal - Basic trading with PA at S/R

Silver trade — Limit order set for IB break on silver Entry 13.9010 SL 13.9110 (100 pips) TP (1)13.8810 (200 pips) TP (2)13.8560 (450 pips) TP (3) Run to reverse (1) is for BE = move SL to 13.9010 (2) is take 2/3 off = leaving 1/3 to run (3) ...

Razors Journal - Basic trading with PA at S/R

Silver — not too sure if you look at commodities like gold and silver but silver has a nice IB on the hourly. It is bullish but the hourly says bearish (6gmt). Going to take this one if it breaks below as it is trending down at the moment. i ...

Razors Journal - Basic trading with PA at S/R

Thats why im usually drinking at london open on friday, i usually dont trade for that reason. That way the only slippage I need to worry about is when Ive had too many and slip over lmao. Good to see you had a stress weekend, mine was very very ...

The DIBS Method... No Free Lunch continues

USD JPY set up for daily. We could see a nice pin bar if all resumes the same for the rest of today on the daily USD/JPY which, looking at the charts could be the start of a nice run up the bearish trendline. 4 hourly shows there is still room to ...

Razors Journal - Basic trading with PA at S/R

USD/JPY — Stopped out for BE. The most it was up was 80 pips and it has come and stopped me out to the pip at the moment. It is at the bearish Trendline on my hourly chart so I may be back in if I get a signal. Chart to show

Razors Journal - Basic trading with PA at S/R

If im looking at the hourly then yes, if its any higher no. Higher TFs i look at the direction of the close of the IB candle for my bias. I give stronger bias if there are certain groups/events that occur. Ie bottom of a move, bullish Pin (which i ...

Razors Journal - Basic trading with PA at S/R

The above post. It will always change your Take Profit level in regards to your account size and your living means. For a small account, letting go of small profit to take a chance on higher profit is part of the game of getting your account to a ...

The DIBS Method... No Free Lunch continues

I use either the a 20 ema or just price candles. Sometime i will use neither and just try to let a trade run for a long as possible. The problem with the EMA is it can catch up during consolidation and take you out before a run may start. The ...

The DIBS Method... No Free Lunch continues

Had a very nice weekend and am feeling refreshed. About to head to work but update on the USD/JPY that is still running. Currently up about 50 pips, trade is BE and hopefully we will see more downside (for me) lol Take care, see most of you in ...

Razors Journal - Basic trading with PA at S/R

GGGOOOOOOOOODDDDD morning Dibbers. Hope you all had a good weekend. I am refreshed and looking for IBs. Bring em on

The DIBS Method... No Free Lunch continues

Not sure why you were expecting a reply for anyone, it has been stated time and time again that this method doesnt use indicators (apart from the profit EMA) and that it is a human element thread (ie EAs or other automated programs) just are not ...

The DIBS Method... No Free Lunch continues

I love the beauty of a simple and effective way to trade. A great read so far congrates

The System II (Yes with irony)

time for bed. ava good weekend all

The DIBS Method... No Free Lunch continues