The Raz Method

Live Trade:

Short USD/JPY 87.82


Taking valid entries, this too closed below 40, but I feel confident I am getting in with good momentum

Cheers to getting back on the winning track - we certainly don't want to be at minus $1 million in 7 years time! This is a hard system to test as it requires lots of screen time - funny nobody has coded an EA yet to prove its efficacy.

Well this is how real trading is, and sometimes it is real tough, but I vow not to change any part of this, and keep pushing forward. I did lose out on my Euro and Yen trade, but hey I can only keep taking sigs. Account balance dropped alot, but not changing a thing and will keep taking em as I go.

Raz how is it going ? are you still trading this method ? have u made some winner ?

yours IT

I will definetly keep this method going, I will post all live trades. It will be on a demo account for now. However after a couple of months of getting back into it, I will go live. I am currently live on my other method. But I feel strongly about this method still. I am still working fulltime, so for now I am going to catch all valid entries week after to week to show wins vs loss, and then get back into it. Man it has been a bit, but all my forex live money tied up into my other method.

Here is a trade that happened about 7 hours ago, valid sig, and there for enter at .7625 and definte hit TP at .7600

Hi dear raz

please show h4 chart and 30min chart for your position


Regards

I will going forward, as for that last trade, if you read the original rules which is at the beginning you should understand how the method works. Most of the post from then on till now is pretty much live trades and gibber gabber. However for that last NZD/USD trade you can see the circles is where I confirm the indicators with my trade, as for the 4hr chart it just sets me in what mode I am in, as for this time I was in Short mode.

Thanks raz

i check aud/usd with this method and entry valid signal 7 or 8 hours ago

So just to give you and idea, not often this happens, but NZD/USD again gave a nice valid short sig.

short at .7561 and tp is .7536

good for one valid entry, and winner.

short at 1.3501, and this one probably was just a +20 pips, but it did hit TP,

Now looking back I almost took this aud/usd short, but I was stayin true to the method, and notice that the MACD histogram was showing reverse momentum, therefore I voided this entry, and yes it did hit TP, but I would'nt have taken it.

Welcome back bro. Hope all well man...!!! Cheers to your start once again Regards P.S. Remember me? hehehehe......

Of course I remember,it has been a bit, but I am happy to see you as well brother.

Hi Raz, thank your for sharing. I can't agree with you more the above. Many times I just Just Jump In, and resulted in losses and blowed my accounts due to over bet on lot size.

I have few questions:

(1) Your risk reward ration is 1:1. Am I right?

(2) Since using this method of scalping fo 25 pips per trade, you will need to do a lot of trades per day to accumulate the profits. Can your method then works on smaller time frame..say 30 min chart for trend analysis and 5 mins for trade execution (i.e on 5 mins chart look for 3 periods EMAs crosses the 20 periods EMAs with RSI rebounded from overbought / oversold region)? Have you tested this out?

(3) If your entries are not filled within your trading hour of the day, do you cancel the entries?

(4) Do you wait for 2 or 3 candles to close above the EMAs crosses for long (and conversely below the EMAs for short position)?

(5) Do you counter check with smaller time frame than 30min before you enter your entries?

Thanks.

I'm still looking for a good entry system.
I nailed down the structure and the flow of orders. now timing it is rather the difficult part.
anyone knows of a good 5 min or 1min entry system. I'm willing to share my other info with all.
Thanks