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Razor_trader replied May 13, 2009Well much to my dismay this trade was left untouched, it missed my entry by 7 pips before heading upwards again. This can be the blessing at times of using limit entry orders instead of rushing in and taking trades. My bias is still bearish. There ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 13, 2009thanks, all is good, no trades as the funds cleared last night. Playing poker online to pass some time by at the moment. Laughing at the moment, have turned $30 into $180. Maybe I should combine the 2
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 13, 2009Looks to have hit some support on the hourly, however there is still room to the downside on the daily. Time could tell but we seem ripe for a drop to a daily trendline, this sort of news could quite easily do it Charts attached
Cable Update (GBPUSD)
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Razor_trader replied May 13, 2009Missed that one on the USD, but it would have been a decent setup. Looking more on 4 hourlys these days but swap between the TFs a couple of times. Good news is my account is finally ready to go so I can start taking some live trades again. It would ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 12, 2009EAs and back testing can give a small insight into how the trades ROUGHLY worked out. EAs are not so accurate that the measure the point of trade and every tick bias as the trade plays out. For example, it is not going to identify a 4 hourly entry, ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 11, 2009This forum is dedicated more to the hourly IB's as per Peters orginal posts, however like myself there are some who trade higher TFs As for the breakouts, they are best in the next candle. The next candle with either be a breakout in the direction ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 11, 2009I was planning on this remaining a bearish daily IB. There is room to the downside before the trendline comes up to meet. I have placed my order to get me in and I have a profit target of slightly greater the 1.5/1. BTW I have to use the 100 pip ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 11, 2009Scrap that last plan, she just moved lower. New plan is to wait
and see what reactions we get at some support levels.Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 11, 20094 hourly GBP/USD — Chart attached. May be an interesting opportunity if in the next 2 hours we get a climb to a more bullish position that closes to give us an inside bar. The low is only 1 pip higher than the previous bar which essential ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 10, 2009I havent got an IB on the EUR/AUD with fridays high being higher than thursdays. Also note that I dont trade this pair at all. My reason being that it is not a major pair and the spread represents this on my platform (currently 12 pips). The only ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 10, 2009Results — I get alot, and there are also alot of posts on continued results (such as "hey is anyone getting consistant result' or 'is this method profitable). So for the traders that are looking for the ongoing results I will start posting on ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 10, 2009Yep and the start of the year has not been overwhelmingly trend setting with some major pullbacks after some nice runs. The big picture is holding some lots for a very long time, unfortunatly there have been very tough times with regards to some ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 10, 2009By the occurance of IBs in other directions I am reading that you mean you are in a trade on a pair and then get a signal that is against that direction. There are a couple of scenrios that I can think of, neither being right or wrong of course. I ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 7, 2009The only indicator used is a SMA/EMA for profit taking. For some people the number variable is different. Otherwise it is see a dib and trade it if you feel it is viable.
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 7, 2009Higher TFs guidelines. Only take the trade in the direction of the close. Bullish trade bullish. This is regardless of trend. I am to catch little counter trends however will trade more aggressively with the trend and against i am more prone to ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 5, 2009Oanda — Funds got rejected (fancy that) as i typed my account number wrong (dumbass) so I have resubmitted them. Not going to trade this week. There is big news all week so i will wait till cash is settled then start fresh
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 4, 2009It has been very quiet in here as of late, where has everyone gone....... IM ALL ALONE, THERE NO ONE HERE BESIDES ME

The DIBS Method... No Free Lunch continues
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Razor_trader replied May 4, 2009Stopped out Well got stopped out for a loss of 45 pips. There were some signs of the turn some 80 pips up with a bullish engulfing on the hourly followed by strong momentum. Could have handled the trade better in the end, however the plan was to ...
Razors Journal - Basic trading with PA at S/R