Razorman's Video Discussion Thread

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Looks like the S&P and Nasdaq and starting to head south, would be interesting to see the close of the day!

The weekly bar broke up quite nicely.

The FED completely busted that one. Was a good area however.

Here is an interesting one I spotted on the NQ.

Here is today's Gold and Oil Analysis.


http://razorsforex.blogspot.com/2012...-analysis.html

It always amazes me how people with a "profitable system" will resort to other means of profitability.

If a system generates money, you will not need to charge 5 bucks from anybody to see your tutorials. Especially if you stated that you are "giving back" to FF community.

If you can't make money with your system, than the 5 bucks would be justified because you need to resort to other means of profitability other than your system. But than a logical question will emerges.

Who will be willing to pay 5 bucks to see some tutorials where the instructor has to charge for it in order to make money?

I love how black and white this forum is sometimes...


Trading returns create a variable income stream that can differ greatly between months.. When you're trading for a living, you have to put up with this variable income, and it can sometimes be a headache since the rest of the world (rent, bills, food costs, dating, etc..) often doesn't play long in such a variable way.

Some good traders seek out other streams of income that are more passive than their active methods of dealing in the markets. This is a common tactic within a lot of industries actually, and there's countless personal finance books out there that preach about the awesomeness of passive income streams.

The additional streams of income help smooth out a traders month-to-month finances and can really boost wealth building in the long run.


All that aside, the other thing to consider is the trader's time in putting together helpful resources for others. If they are a profitable trader, they gain NOTHING from doing this, yet lose their time in the process. Some, who aren't that technically savvy, also invest their own money in the production of such materials because they have to pay someone to help them put it together (websites, videos, blogs, articles, etc..) So charging a minimal fee keeps the barrier to entry low but helps recover this time and investment that otherwise could have been spent trading.



That being said, yes, there are a lot of bad traders out there who resort to peddling junk for a fee instead of being able to live off of their trading returns. They'll take advantage of newbs and the greedy, and often vanish after a short while since they'll quickly make a bad name for themselves... so I'm not trying to say that all fee based training setups are "good" with my writing above, but that you'll have to weigh a teacher's talent for yourself and see if the fee is worth it.


Put in a different light, how many books on trading have you bought and read? You realize there's no difference between investing in a book about trading and investing in a few videos or a course that explain the same principals?

All my videos are on youtube free to watch. ?????? That page is from an experiment i did on fiver. Everything has always been free for forex factory members.

Don't get so emotional Razor. Emotional traders don't go anywhere.

If you are the real deal, you are the real deal. Right?

The crude oil 4h bar broke down nicely, Gold is still struggling, but is now creating a "quad" divergence which I do not see too often. It will be interesting to see how this plays out.

Why did crude oil break out.. and why is gold "struggling" ?

Oil because of the bar on the trend line and Gold is up against heavy resistance and is diverging heavily. That is what i explained in the vid.

This is today's video on the Aud/Usd daily chart.

id leave you alone but 3 of my last comments got deleted and one remaining makes it look like I'm generally interest

so anyways, how did your short work out for you? those pinbars work wonders..

can you elaborate why it worked so well?

Here is a video on the daily bar on XAU/USD for Friday February 3rd. Enjoy!


http://razorsforex.blogspot.com/2012...tracement.html

That bar could barely break its low. Like I mentioned in the vid the location was great, but the bar was very small, would have been much better to have a larger tail on that bar. I have seen in the past these small bars make very large moves, so it was still worth a look.

Here is today's video on the Eur/Usd and the Gbp/Usd. The daily and weekly charts are showing some nice bars.



http://razorsforex.blogspot.com/2012...lish-move.html

GBP is hitting it's first resistance now.

Here is my video on the GBP for today.



http://razorsforex.blogspot.com/2012...y-to-drop.html