Rules: The rules are as follows: Buy Buy when the following occurs. 1. +DMI is greater than the -DMI -The +DMI has to be greater than a level of 20 2. The ADX has risen since the last bar and is over 20. The only time you can trade when the ADX is ...

Directional Movement

Only one person guessing. Well it is simple but also exponential in another kinda way. It is using MACD setting 12,26,9. And these two indis are all you need.

Directional Movement

Here it is: I sold on the close of the candle with arrow above it.

Directional Movement

Only one trade this week so far. I personally made 150 pips. This system does work on other pairs on the same average win/loss ratio. You do however have to alter your breakeven/ take profit strategy accordingly. The settings for the indicator can ...

Directional Movement

I tried to come up with soem weird and wonderful name like others have proceeded but I thought lets name what it says on the tin. Quite a clever name which I thought may have tricked people by it's simplicity - obviously not. You are right it is ADX ...

Directional Movement

Wedge forming on 15m chart.

Cable Update (GBPUSD)

Me too - there is a range between 4634 and 4601. Made a few pips with this one. I thunk it will turn south again soon.

Cable Update (GBPUSD)

Price has hit top of hourly trendline line - might no be much more in it. Al

Cable Update (GBPUSD)

As a mtter of interest - do you simply use s/r?

Cable Update (GBPUSD)

Hi eohater, I was refering to others on this thread - not my intention to cause offence. Congrats on the pips. It has been a few mad days. Might as well make hay while its shining.

Cable Update (GBPUSD)

Perftect - just made my 20 pips for the day.

Cable Update (GBPUSD)

Not to be rude but it depends on how many pips you are going for. From what I have read today on this thread most people have just sold/bought on a whim - making up any level they like. Not to be rude.

Cable Update (GBPUSD)

Wedge formed on 5 min chart - could be large break out to either side - watch out.

Cable Update (GBPUSD)

I don't consider it laggy. I would say as soon a sthe ADX rises there is enough momentum to get to break even normally on the next canle. I will put up some screenshots tomorrow.

Directional Movement Indicator Strategy

JD - do use the rules that I use? And also have you come up with a good exit. I believe when the ADX becomes greater than the dominant DMI you should look to take profits.

Directional Movement Indicator Strategy

I had posted the screenshots but they did not come out very clear so I took them off. I think the DMI is often overlooked. It works extremely well.

Directional Movement Indicator Strategy

Could be a two IB formation on Eur/USD

The DIBS Method... No Free Lunch continues

Thanks Nal! Al

The DIBS Method... No Free Lunch continues