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Razor_trader replied May 15, 2009reversed — Ive taken profit and reversed the USD/JPY trade on the pin bar with the trend. Profit taken 26 pips New entry 95.26 SL 95.57 tP not defined TOTAL MAY + 36 AG = 2.88%
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 15, 2009Updated — I have updated the first post to include current results and Account growth. I will update this weekly and have the cumumlative totals on as many posts as I can remember to do. I may just include a spreadsheet as an attachment from ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 15, 2009USD/JPY — I have taken a long trade on the close of the hourly. The double bottom may signal the bottom of this wave before heading back toward the down trendline. This is a counter trend trade and Im only looking to get upwards of 50 pips, ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 15, 2009Right on. We are looking for the breakout, and if the breakout is in the oppo direction then the IB is void. It will happen as has happened to me a few times in the past weeks. Its best that way, whilst you miss that opportunity you may find that ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 15, 2009LOL I understand we are a rare breed who spend more time drinking and carrying on then working.
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 15, 2009Being friday here, im having a beer and looking over this week. There we some good setups that I missed but to be honest there probably wasnt much with my trade plan that I could have taken. Most of the IBs, hourly and 4 hourly appear once the ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 15, 2009Yep it happens from time to time, but in the end you made the right decision and traded the plan, not much more you can do without a crystal ball.
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 15, 2009Would be nice to have your platform, all my IBs for the past 4hourly are slightly out. Most by about 7 pips or slightly more withe the EUR/JPY the worst at 12 pips lower than the previous candle. Ohwell back to the drawing board. Good luck m8, you ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 15, 2009First trade stopped out at +10. Was at work all day today so missed any prior opportunity to cancel it when it stalled, but a positive start to the live part of this journal Results So Far May = +10 AG = .47% AG is account Growth
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009Did you take some profit of the table before the turn. We now have it approaching resistance TL on the 4 hourly and on the daily a Bullish piercing candle which could mean higher. Im looking for a break of the 4 hourly trendline to verify the ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009First off FANTASTIC RESULTS SO FAR

. Second I am starting to come around to looking also at a few other setups, not because I want to overtrade, but because I am starting to recognise some IBs as being a waste of time while others are ...The DIBS Method... No Free Lunch continues
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Razor_trader replied May 14, 2009Move SL to BE+1 My alarm woke me up to tell me 1/1 was hit. Im not going to take 1/2 off simply because the amount is small and I want to give it a chance to run at full lots if it is going to. If i get stoped out at BE well so be it, next trade. ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009Closed to full to be taken, ran about 10 pips in a minute. No trade on that one yet
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009Whilst my understanding of them are not that great, i am going to try to add some Pin bars to this thread. Any info or advice would be great. There is another forming on the USD/JPY hourly and it is right off the bearish TL. May look at taking it
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009Long on Eur USD Pin, we are struggling to head lower and the pin makes a double bottom today. Small SL incase its wrong Entry 1.3573 Sl 1.3533 NO TP yet
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009I notice the pin too, but i wasnt here when it happened. It was looking good to trade but i was still too late. Hasnt been too many great looking IBs today, but i suspect that is due to the movements yesterday. Still if we get some more downside ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 14, 2009The other problem with back testing (more of the human nature than EA) is that as much as youd like to try, you will justify trades more favourably given that you know the big picture. Hindsight is a dangerous thing when we are looking for the pros ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 14, 2009Absolutly and at 10/1 Risk/Reward you are laughing. There may be a small pull back after the moves from yesterday but with the USD/JPY breaking some big support in the 95.6 and also the up trendline, this could be the beginning of a down wave. Great ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 13, 2009Pin Bars — On another note, to do with the GBP/USD, attached is a 4 hourly chart. Look at the number of pin bars that have happened at the swing lows and where they headed. If this 4 hourly closes up and hammer, then we may travel higher. ...
Razors Journal - Basic trading with PA at S/R