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Razor_trader replied May 4, 20094 hourly DIBBERs — There were a ton of trades to be taken off the past 4 hourly close on almost any major pair. I took a short on the EUR/JPY. It is against the grain which is why I am not using my 1:1 R/R for this. I am targetting the first ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied May 4, 2009EUR/JPY — Presented a nice 4 hourly dib with a risk of less than 50 pips. Taken the entry which was executed bout 30 mins ago. Entry 132.18 SL 132.63 Not trading this one with traditional 1:1 as it is against the trend. Looking to take profit ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied May 1, 2009Sweeeeeeet — Good to come home and see a trade that has now broken 4 hourly resistance lines and climbing strongly. The bulls back in full control now on the 4 hourly which is great news for my USD/JPY trade. From entry it is now up close to ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 30, 2009I have taken some more off the table on the USD trade. It has hit resistance on the 2nd trendline and price has rejected so far. Now have a small position that can do as it pleases. Good trade in the end. Chart attached
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 30, 2009exactly. This also adds to the volitility as traders speculate prices. No 2 platforms are the same, and I have witness price fluctuations and different candle structures between platforms. Unfortunatly that is life and why you must trade what you ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 30, 2009The Eur/USD has been a real pain in the butt for long term holding over the past 6 months. It has been really up and down with no great long term trend. The smaller trends have been quite good, and there has been money to be taken if you traded them ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 30, 2009dropped like an anvil out of the empire state building, could be a good opportunity for shorting later on. My USD/JPY is travelling nicely too.
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 30, 2009Absolutly which is why i prefer the 4 hourly (primary) and daily (secondary). Whilst the much higher TFs are good, the big risks make Profit much less, however you are trading very much 1 trade per month (perhaps 0 for a long time) for a month TF. ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 30, 2009Eur usd — With the daily at the top of a channel and the 4 hourly looking to produce a bearish Inside Bar. Charts below. 4 hourly is still bout 80 mins from close, but if it stays in range, then the daily top of channel may hold and we could ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 30, 2009EUR USD — With the daily at the top of a channel and the 4 hourly looking to produce a bearish Inside Bar. Charts below. 4 hourly is still bout 80 mins from close, but if it stays in range, then the daily top of channel may hold and we could ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 30, 2009This is definatly a tradable IB and im sure with only 1 trading day left in the month that it will close out that way. My direction of the trade would be Bullish, as it is looking to close that way which would be a contiuation IB. There are some ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 29, 2009Loving the posts Greg. Highly imformative and as you have mentioned you are a busy person so for you to give out the info that you have im sure it will make people who are looking to trade similiar to you very happy. I have been watching this post, ...
My GBPJPY trade journal
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Razor_trader replied Apr 29, 2009So far the trade plan has worked out. Hit some resistance close to 9800 which I was expecting, however we have broken and closed above the first trendline, just the next one to go and this trade could run nicely. It is great to have a trade on a 4 ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 29, 2009So far the trade plan has worked out. Hit some resistance close to 9800 which I was expecting, however we have broken and closed above the first trendline, just the next one to go and this trade could run nicely. It is great to have a trade on a 4 ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 29, 2009Closed this trade for a couple of pips gain. There is no momentum to carry this down and price is stalling. I have looked at the daily and there was a hammer yesterday and price has moved above. It could be the bottom of the wave before resuming the ...
Razors Journal - Basic trading with PA at S/R
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Razor_trader replied Apr 29, 2009chart attached to explain
The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 29, 2009I just closed my short for a very small gain, was looking at the daily and I had a very convincing Hammer yesterday and so far rising today. Im thinking more that the market is going to head up for a new high (eventually) to continue the bullish ...
The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 29, 2009Its never too much to ask for

The DIBS Method... No Free Lunch continues
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Razor_trader replied Apr 29, 2009Taken the hourly Short IB on the above pair. Entry 96.89 SL 97.17. Screen shot below
The DIBS Method... No Free Lunch continues