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- bigjim1958 replied Feb 25, 2009
Money: Sorry to bother you, you were posting at DIBS thread, thought you were using DIBS entry method. Jim
The DIBS Method... No Free Lunch continues
- bigjim1958 replied Feb 25, 2009
Hi Money: How do you determine is you are going to use the daily open line or not? If the trades occur after the London open, 3 A.M EST, do you take it into account, but if it's before, say 12 or 1 A.M. est, you take it whatever direction it is in ...
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- bigjim1958 replied Feb 25, 2009
Hi: I was just trying to explain the reason for the mistake, taking a trade opposite of the daily open direction. Sometimes it gets hard to think straight on 4 or 5 hours sleep every night. Jim
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- bigjim1958 replied Feb 24, 2009
Hi Money: I've been enjoying your charts and your posts here and at the Inside Bar Revisted thread. My question is, what are the differences in your entries. How are these entries different then regular I.B. entries. Jim
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- bigjim1958 replied Feb 24, 2009
Hey Smikester: I have read all those posts, more than once, which is why my going against the rules is so strange for me. If I remember right, either Bemac or Jarroo have a strategy to add to positions on their free trade, I'll double check, thanks ...
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- bigjim1958 replied Feb 24, 2009
Wow: I didn't even realize I went against Peter's rules, better to be lucky then good. I work all day on the East Coast and then get up in the middle of the night to trade, screwed up that one. MM is extremely important and would appreciate any ...
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- bigjim1958 replied Feb 24, 2009
Works better when you include the photo. LOL Jim
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- bigjim1958 replied Feb 24, 2009
Trailing stop — Hi folks: I've been very fortunate the last two days to catch two good trades. I usually close out half my position at approx 1:1 and let the other half run. In the picture, you can see it retraced pretty severely, could folks ...
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- bigjim1958 replied Feb 21, 2009
Hi Money: Very wise grasshopper, the water eventually turned this stone all the way back to B/E. I was wondering, what are you T/P rules usually. I know you mentioned you go for quick profits most of the time, but it you're lucky enough to catch a ...
The DIBS Method... No Free Lunch continues
- bigjim1958 replied Feb 20, 2009
Hi: Thanks for the quick reply. Thanks for clearing up what opening time you were using, I was thinking it was just London. Continued good trading and thanks for contribution
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- bigjim1958 replied Feb 20, 2009
Congrats: Am I correct in assuming that you take trades without considering if they are above the daily open for longs or below the open for shorts? Jim
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- bigjim1958 replied Feb 19, 2009
USD/JPY — Hi Folks: Just wanted to show a picture of the yen trade from yesterday that I luckily didn't close out. Here's hoping this is the beginning of one of those big trends that Peter talks about. Dale, are you still in this? Take care. ...
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- bigjim1958 replied Feb 18, 2009
Dale: What is your opinion or recollection of Peter's thoughts on adding to a Free Trade? If another IB forms still in the direction of your Free Trade, would you open another position? would it be for the same amount of your first trade? Interested ...
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- bigjim1958 replied Feb 18, 2009
Thanks supreme: Actually, Dale caught the beginning of it a couple of days ago, I was using a different opening time and missed it, big congrats to him. Jim
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- bigjim1958 replied Feb 18, 2009
I'll try, I'm not very good at posting stuff. If it doesn't go through, the IB indicator can be found on this thread, click on the paper clip on the top right hand side of page, it's DIBS Trigger Lines v2a. The daily open indicator is daily open ...
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- bigjim1958 replied Feb 18, 2009
Hi: I did take half off at 1:1 Risk/Ratio and letting the 2nd half run, still learning to relax about 2nd half,LOL. Jim
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- bigjim1958 replied Feb 18, 2009
Hi Folks: I finally caught a runner, been either sleeping through or just plain making mistakes. It's killing me to let this trade run, fear it will retrace back to B/E. but i'm trying to be a good student, it's fun to watch while it lasts. Thanks ...
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- bigjim1958 replied Feb 17, 2009
Dale: Great job buddy. Also gives you peace of mind not having to stare at the screen all day, congrats. Jim
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- bigjim1958 replied Feb 16, 2009
Which Broker? — Hi Money: Congratulation on your success. If you don't mind saying, who are u using for your broker, is it a MM or an ECN. Thanks and keep up the good work. Jim
Inside Bar Trading Revisited
- bigjim1958 replied Feb 16, 2009
Yes I did and I'm still in it. Nice to catch one instead of sleeping through it, LOL.
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