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The Raz Method

  • #81
  • Oct 21, 2009 3:12pm Oct 21, 2009 3:12pm
Quoting raz
I will be able to view thread from work, but have zero access to trading platforms or my MB Navigator. I hope you guys have a good day or night depending on where you are. I will be back later tonight to hopefully snag some more trades.

As a recap of just last night I missed 2 signals, but hit 2, and nailed a looser. Not sour one bit, because loosing is part of trading. Good to see that Psycic and Stevewide are getting the hang of it. I hope that you two can be very successful in this and any other method you guys use. For anyone else wanting...

Thank Mr. Raz for your appreciation, ill try my best. I feel as if this style of trading belongs to me. some kind of attachment For every ones info. im just 21 . But im sure that iv got the knowledge of a person trading forex for 10+ years. Thats bcz iv been trading since 3 years now. What an age to start.haha.. But im learning and getting there. Hope i can help others and myself here.
  • #82
  • Oct 21, 2009 3:47pm Oct 21, 2009 3:47pm
Quoting dreamfx
Hi Raz,

Many thanks for sharing the system, I just found it tonight and applied on my live account. I'm not a successful trader as yet, but looks like I'm learning from some very good guys and soon I'll be. I wish good luck to you all and of course forexfactory!
Well good to hear, and I....like others will be hopefully be here to assist. Personally I hope you have live traded before, and if this i your first time trading live, please go very low low risk. I really want you to have confidence and comfort when experiencing live money on trading period, whether it will be this method or any other method.

I did not state in this thread before, but R:R and money management has to be a very must in trading this method, or any method.

But good to hear that you are excited about it, and I will do my very best to help you be successful as you can be.
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  • #83
  • Oct 21, 2009 3:51pm Oct 21, 2009 3:51pm
Quoting stevewide
Thanks for correcting my math. This is an example. It is not my actual performance with this method as I just started. But I've had nice winners except one.

Watching Uj for long but this time of day its just drifting rangebound. Rsi hardly moving at all. Would be nice if it swung down below 40 level, then cross 55 level and close.
Steve you are grasping it well. Same thoughts run through my head too when I watch the market flow, you tend to say things like' if the market will just dip and the reverse to give me a signal', very good to see that you understand what needs to happen.

Keep in mind the more trades you do take, I believe with this system will render you more pips. I try to make sure that I use all the indicators to paint a picture of what out weighs the other, whether I enter or leave it alone. Keep in mind trading is risking regardless how valid the signal was. Just like the swissy I lost money on, I took the risk and I lost, but hey that is trading and I happy with it.

So GJ Stevewide
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  • #84
  • Oct 21, 2009 3:55pm Oct 21, 2009 3:55pm
Quoting Psycic
Thank Mr. Raz for your appreciation, ill try my best. I feel as if this style of trading belongs to me. some kind of attachment For every ones info. im just 21 . But im sure that iv got the knowledge of a person trading forex for 10+ years. Thats bcz iv been trading since 3 years now. What an age to start.haha.. But im learning and getting there. Hope i can help others and myself here.

Good thing you mention, I am 31 and got into this around 25, but lost so much money that I quite for a 2 years. Then tried it again only to lose again, and quit for another year. However I learned one common trend in my losses. EMOTIONS! After peeling myself off the ground and learning from my own personal mistakes now I have a better understanding. I would make crucial errors based on my emotions.

However at your age, I am throughly thrilled to see that you are taking this serious. Props to you, and anyone else willing to take on such a brutal market. However I have received so much help on various sites, and I believe the second part of trading successfully is helping others, glad to see you be a part of it.
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  • #85
  • Oct 21, 2009 6:43pm Oct 21, 2009 6:43pm
Hi Raz,


Your basic basic method is Long or Short trend based on H4 with triple averages of 5, 10 and 20 emas, and entry based on RSI over 55 /under 45 and 3-20 ema.

Since these are cross overs of MAs, they can be described a MACDs with various periods. One of the criteria you mentioned is to recognize the momentum of MACD whilst considering the trade.

Take a look at the attached chart.
The TDI or Traders Dynamic Index is just an RSI with Bol bands and averages. I have modified the levels to 55,50 and 45. It comes from the Synergy method of trading. It maybe a distraction from a regular RSI10, but does give earlier indications of probable trades.

The third indi is a plot of difference of DI+ and DI- of two two time frames. I have chosen H4 and M30 since these are two time frames your method refers to. Calculations are based on Close of Chart Time Frame and Open for the longer time period.

The Second indi "Raz_Indi" is a summary of all your moving average. Green bars you see is the difference between the macds of 5-10 ema and macd of the 10 -20 ema of H4. The white line is Close above and below the difference detrended with 20 ema of M30. The yellow line is a triple LWMA of period 8 of the macd of 3-20ema on the M30. Sounds a little complicated but really it isnt. A picture is worth a thou_____ etc.

If TDI is above 55 and White is above Yellow and Yellow is above the green bars, you have a Long trade. Additional conformation is the ADX. If Yellow is above the bars and zero line etc.

Let me know your thoughts.

Pat
Attached Image (click to enlarge)
Click to Enlarge Name: raz1.gif Size: 16 KB
  • #86
  • Oct 21, 2009 7:38pm Oct 21, 2009 7:38pm
Quoting Pat1
Hi Raz,


Your basic basic method is Long or Short trend based on H4 with triple averages of 5, 10 and 20 emas, and entry based on RSI over 55 /under 45 and 3-20 ema.

Since these are cross overs of MAs, they can be described a MACDs with various periods. One of the criteria you mentioned is to recognize the momentum of MACD whilst considering the trade.

Take a look at the attached chart.
The TDI or Traders Dynamic Index is just an RSI with Bol bands and averages. I have modified the levels to 55,50 and 45. It comes from the Synergy method...

Very nice of you to create a variation of this method. As you may not know I am not very good at programming of any sorts, I just learned to post pics on here a few months ago. However I will definetly have to spend interest into this sort of setup. I am curious to see if will give me similar LONG or SHORT entries when they happen with the method that I use. However I am still at work, and can only few this forum and do not have access to my trading platform. But I am anxious to take a look tonight.

Nicely done.
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  • #87
  • Oct 21, 2009 8:24pm Oct 21, 2009 8:24pm
Sounds crazy, but I have the patience and beliefs that I will get there. So I started midway this month with this goal at exactly the 15th of October. I will update my live balance amount when I get done with trades for a night or a long period.

I am looking to make a minimum of 10% of my account balance per month, and hopefully more. I do not have the graph right now(i will post it later), but if you take 10% of $400 dollars = $40. So if I end up with $440+ then I have exceeded my currently montly goal. Therefore next month I will shoot for the minimum of 10% of that current month balance. Saying I had $440 as balance, then 10% of $440 = $44, making a balance now of $484. You get the point now.

Well as I progressed the math each month, by the 7th year I will have grossed over $1 million dollars, considering that I will not be able to withdraw any money from this account.

So there is the long term goal, and the long term patience. And I am going to get there!
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  • #88
  • Oct 21, 2009 10:42pm Oct 21, 2009 10:42pm
Well Looks like I did not miss anything, some signals, but all filtered out by MACD. So good news I didnt miss anything. Ahh looky here USD/JPY is indicating low trend strength. But a long maybe in the works here.
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  • #89
  • Oct 21, 2009 10:49pm Oct 21, 2009 10:49pm
Gonna wait for close, but definetly interested in this trade long. Broke recent highs for the last 25 candles.
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  • #90
  • Oct 21, 2009 11:03pm Oct 21, 2009 11:03pm
Live Trade:

Little risky, but Long USD/JPY 91.18
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  • #91
  • Oct 21, 2009 11:29pm Oct 21, 2009 11:29pm
Quoting Pat1
Hi Raz,


Your basic basic method is Long or Short trend based on H4 with triple averages of 5, 10 and 20 emas, and entry based on RSI over 55 /under 45 and 3-20 ema.

Since these are cross overs of MAs, they can be described a MACDs with various periods. One of the criteria you mentioned is to recognize the momentum of MACD whilst considering the trade.

Take a look at the attached chart.
The TDI or Traders Dynamic Index is just an RSI with Bol bands and averages. I have modified the levels to 55,50 and 45. It comes from the Synergy method...
Amazing work pat, i like what uv done so far....Im still a bit confused about a few things, but over all nice way of putting everything in one chart so that we dont have to see the 4 H charts everytime...If you wouldnt mind sharing the Indi's so that we can compare if the setups are the same or not.Thnx a ton

N Mr Raz, the usd/jpy trade i would have take from 91.00 because this time the up momentum was supported by 1h charts.
  • #92
  • Oct 21, 2009 11:35pm Oct 21, 2009 11:35pm
Quoting raz
Sounds crazy, but I have the patience and beliefs that I will get there. So I started midway this month with this goal at exactly the 15th of October. I will update my live balance amount when I get done with trades for a night or a long period.

I am looking to make a minimum of 10% of my account balance per month, and hopefully more. I do not have the graph right now(i will post it later), but if you take 10% of $400 dollars = $40. So if I end up with $440+ then I have exceeded my currently montly goal. Therefore next month I will shoot for...
7 years left to become a Millionare Im with u on this....but my target is more or less 4 years with a $2000 account, im lazy to do the math but ya compounded monthly ill get there haha...
  • #93
  • Oct 21, 2009 11:39pm Oct 21, 2009 11:39pm
Quoting Psycic
Amazing work pat, i like what uv done so far....Im still a bit confused about a few things, but over all nice way of putting everything in one chart so that we dont have to see the 4 H charts everytime...If you wouldnt mind sharing the Indi's so that we can compare if the setups are the same or not.Thnx a ton

N Mr Raz, the usd/jpy trade i would have take from 91.00 because this time the up momentum was supported by 1h charts.

I agree, but I am staying true to my entries, which is close of candles, and yes its sitting in the red. However I feel confident that it will hit.
May take an a hour or so
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  • #94
  • Oct 22, 2009 12:01am Oct 22, 2009 12:01am
Quoting raz
I agree, but I am staying true to my entries, which is close of candles, and yes its sitting in the red. However I feel confident that it will hit.
May take an a hour or so
dont you worry this will come for sure..Looks good to me to and yes my entry from 91.00 was on the candle close of the previous candle. so as such i was stayng true to the entry as well..
  • #95
  • Oct 22, 2009 12:45am Oct 22, 2009 12:45am
This is like watching Ice melting in the fridge. Oh well, if it hits +25, it will, if it dont. I will wait for 2 more close of candles and start moving my stops on recent lows of candles.
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  • #96
  • Oct 22, 2009 12:52am Oct 22, 2009 12:52am
Happy to see that. Here is an example why I put a fixed stop at +20 pips, because it went to +24.2 pips, but did not hit +25. I rather not lose a good push so I took +20 pips and that is a winner for me. It will probably hit +25 later, but I will take a short shot winner.

Ty for support Psycic
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  • #97
  • Oct 22, 2009 12:54am Oct 22, 2009 12:54am
I LIKE I LIKE....We are good
  • #98
  • Oct 22, 2009 12:56am Oct 22, 2009 12:56am
Quoting Psycic
I LIKE I LIKE....We are good

considering where you entered it looks like your would have hit +25 easily, and I am very pleased if it did.
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  • #99
  • Oct 22, 2009 12:58am Oct 22, 2009 12:58am
yup i i took +35 a few pips xtra

kept stop at +20 nevr touchd it...
  • #100
  • Oct 22, 2009 12:59am Oct 22, 2009 12:59am
Quoting Psycic
yup i i took +35 a few pips xtra

kept stop at +20 nevr touchd it...

Good job BRO! I did the same on this one I put +20 SL and +30 TP and see if it would climb, but it bit back and took out my +20 SL, but I am very please to see that happen. Are you trading live money?
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