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The Raz Method

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  • Post #261
  • Quote
  • Oct 26, 2009 9:28pm Oct 26, 2009 9:28pm
  •  stevewide
  • | Joined Sep 2006 | Status: God so loved the World | 941 Posts
Raz:
This is a tough business. With solid rules though, we can do it.

Thanks for your help.

Steve
 
 
  • Post #262
  • Quote
  • Oct 26, 2009 11:47pm Oct 26, 2009 11:47pm
  •  raz
  • | Joined Jun 2008 | Status: Trade to Survive | 916 Posts
Need to get some trades tonight if there are any signals. however I need sleep as well.
Trade Like a Robot make money Like a Bank
 
 
  • Post #263
  • Quote
  • Oct 26, 2009 11:51pm Oct 26, 2009 11:51pm
  •  raz
  • | Joined Jun 2008 | Status: Trade to Survive | 916 Posts
That trend strength is nasty. I hope we can get some play tonight. Need to bounce back from two lossess


CURRENT STATS:
WEEKLY TRAIL:
3 WINS (3 MISSED)
2 LOSSES (0 MISSED)
EARNED THIS WEEK $-22.72
MONTHLY TRAIL:
STARTING BALANCE $400
MONTHLY GOAL $440
CURRENT BALANCE $395.92 (-11% OF C.M.G)
Trade Like a Robot make money Like a Bank
 
 
  • Post #264
  • Quote
  • Oct 27, 2009 12:38am Oct 27, 2009 12:38am
  •  Lavashak
  • | Joined Oct 2008 | Status: Member | 50 Posts
Quoting raz
Disliked
That trend strength is nasty. I hope we can get some play tonight. Need to bounce back from two lossess


CURRENT STATS:
WEEKLY TRAIL:
3 WINS (3 MISSED)
2 LOSSES (0 MISSED)
[color=#333333][FONT=Trebuchet...
Ignored
What I like about this system is that it confirms the trend on 4H time frame before trading on 30M time frame which as Raz mentioned keep us on Long/Short mood.
What I'm not comfortable with it is that I can't watch the chart every 30min. So although the back test shows a winning result but It just depent if I would have taken all the entries.
Raz, you've done a great job and I keep reading this awesome thread.
"Everyone wants to go to Heaven, but no one wants to die."
 
 
  • Post #265
  • Quote
  • Oct 27, 2009 3:45am Oct 27, 2009 3:45am
  •  iTrader
  • | Joined Sep 2009 | Status: Real recognize real | 819 Posts
Good morning guys,

lets take hopefully some profitable trades today

i mentioned yesterday night that there was a sell forming on gbpusd, well it went like -23 and then all the way down and hit target profit, if someone took it , good job

and the closing of the usdjpy i think it was the right decision made to close it with profit, lets see what today will come ...
consistency wins
 
 
  • Post #266
  • Quote
  • Oct 27, 2009 6:35am Oct 27, 2009 6:35am
  •  Psycic
  • | Joined Oct 2009 | Status: Member | 125 Posts
very wierd market no trades as of yet!!
 
 
  • Post #267
  • Quote
  • Oct 27, 2009 8:41am Oct 27, 2009 8:41am
  •  drmahathir
  • | Joined Oct 2007 | Status: Lord of the RINGGITS | 41 Posts
Is this a valid signal on UJ?
Attached Image (click to enlarge)
Click to Enlarge

Name: 1.gif
Size: 15 KB
I'm a money magnet! Thank You, Thank You, Thank You!
 
 
  • Post #268
  • Quote
  • Oct 27, 2009 8:54am Oct 27, 2009 8:54am
  •  Psycic
  • | Joined Oct 2009 | Status: Member | 125 Posts
Quoting drmahathir
Disliked
Is this a valid signal on UJ?
Ignored
No the adx is still below 25, wait for it! !!!
 
 
  • Post #269
  • Quote
  • Oct 27, 2009 8:56am Oct 27, 2009 8:56am
  •  Psycic
  • | Joined Oct 2009 | Status: Member | 125 Posts
which signal wer eyou talking about the sell before or the buy which just occured!
 
 
  • Post #270
  • Quote
  • Oct 27, 2009 9:09am Oct 27, 2009 9:09am
  •  drmahathir
  • | Joined Oct 2007 | Status: Lord of the RINGGITS | 41 Posts
Quoting Psycic
Disliked
which signal wer eyou talking about the sell before or the buy which just occured!
Ignored
The buy signal. Except for the ADX, everything else was in place (including 4H chart). I took it (on demo of course). Let's see how it plays out
I'm a money magnet! Thank You, Thank You, Thank You!
 
 
  • Post #271
  • Quote
  • Oct 27, 2009 9:15am Oct 27, 2009 9:15am
  •  iTrader
  • | Joined Sep 2009 | Status: Real recognize real | 819 Posts
Quoting Psycic
Disliked
very wierd market no trades as of yet!!
Ignored
yes slow markets, adx not gaining any momentum ... but better no trades, than losing ones

good luck on this drmahathir
consistency wins
 
 
  • Post #272
  • Quote
  • Oct 27, 2009 9:26am Oct 27, 2009 9:26am
  •  maxwell-eqtn
  • | Joined May 2008 | Status: Member | 759 Posts
Hey Raz,

I just sold EUR/JPY.

Let's see how it goes
 
 
  • Post #273
  • Quote
  • Oct 27, 2009 10:01am Oct 27, 2009 10:01am
  •  maxwell-eqtn
  • | Joined May 2008 | Status: Member | 759 Posts
Hey Raz,

I got +25 hit on EUR/JPY sell

We need to figure out a a way of entering earlier.
 
 
  • Post #274
  • Quote
  • Oct 27, 2009 10:06am Oct 27, 2009 10:06am
  •  drmahathir
  • | Joined Oct 2007 | Status: Lord of the RINGGITS | 41 Posts
SL hit by sudden spike on UJ

Earlier made +20 on EU and +25 on swissy
I'm a money magnet! Thank You, Thank You, Thank You!
 
 
  • Post #275
  • Quote
  • Oct 27, 2009 10:33am Oct 27, 2009 10:33am
  •  drmahathir
  • | Joined Oct 2007 | Status: Lord of the RINGGITS | 41 Posts
OK how about this one on GU?
Attached Image (click to enlarge)
Click to Enlarge

Name: gu.gif
Size: 15 KB
I'm a money magnet! Thank You, Thank You, Thank You!
 
 
  • Post #276
  • Quote
  • Edited 11:06am Oct 27, 2009 10:46am | Edited 11:06am
  •  raz
  • | Joined Jun 2008 | Status: Trade to Survive | 916 Posts
eek, missed out because of sleep! Looking back I can only see two signals that I would have considered valid.

I have posted pics of them right here.

Euro, signal line starting to point down

Swissy signal line pointing up. As you can see they both hit. Yikes!

I just woke up, let me get see what you guys went through, and I will try and answer some questions.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: euroshort.gif
Size: 18 KB
Click to Enlarge

Name: swissylong.gif
Size: 18 KB
Trade Like a Robot make money Like a Bank
 
 
  • Post #277
  • Quote
  • Oct 27, 2009 10:46am Oct 27, 2009 10:46am
  •  Psycic
  • | Joined Oct 2009 | Status: Member | 125 Posts
market is behaving really wierd i still wudnt enter! im waiting for thing which i actually can understand....PA is acting crazy!
 
 
  • Post #278
  • Quote
  • Oct 27, 2009 10:48am Oct 27, 2009 10:48am
  •  raz
  • | Joined Jun 2008 | Status: Trade to Survive | 916 Posts
Quoting Lavashak
Disliked
What I like about this system is that it confirms the trend on 4H time frame before trading on 30M time frame which as Raz mentioned keep us on Long/Short mood.
What I'm not comfortable with it is that I can't watch the chart every 30min. So although the back test shows a winning result but It just depent if I would have taken all the entries.
Raz, you've done a great job and I keep reading this awesome thread.
Ignored
Yes good to hear. I wanted to let you know that when I back test I definetly confirm that when the signals happens I look to see where we were in the 4hr chart, if it does not line up then for sure I do not call it a valid entry or document it at all on the 30 min TF even if it hits TP. Good to hear from you!
Trade Like a Robot make money Like a Bank
 
 
  • Post #279
  • Quote
  • Oct 27, 2009 10:51am Oct 27, 2009 10:51am
  •  raz
  • | Joined Jun 2008 | Status: Trade to Survive | 916 Posts
Quoting maxwell-eqtn
Disliked
Hey Raz,

I got +25 hit on EUR/JPY sell

We need to figure out a a way of entering earlier.
Ignored


Just and F Y I... I have never traded the EUR/JPY with this method, so best of luck to with you if this works for it. I hope it does, and good luck to you!
Trade Like a Robot make money Like a Bank
 
 
  • Post #280
  • Quote
  • Oct 27, 2009 10:51am Oct 27, 2009 10:51am
  •  raz
  • | Joined Jun 2008 | Status: Trade to Survive | 916 Posts
Quoting drmahathir
Disliked
SL hit by sudden spike on UJ

Earlier made +20 on EU and +25 on swissy
Ignored

Good job AGAIN!!
Trade Like a Robot make money Like a Bank
 
 
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