USD/CHF — Double inside bar did not generate a sell signal but am still watching for a possible DIBS.. Z

The DIBS Method... No Free Lunch continues

I agree with you on most of your points. Keeping it simple is key. For the DIBS we draw a line in the sand at 6am GMT and the midnight is just a guide. From my understanding of candlestick patterns, the inside bar setup is a trend continuation ...

The DIBS Method... No Free Lunch continues

USD/CHF — My short entry was very close. I didn't get a close outside the arrow so am still on the sides. Still watching, lets see how she develops. Z

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Possible scalp trade in the EU. Sideways market am passing on this one. Z

The DIBS Method... No Free Lunch continues

Thats correct Josh. Happy reading. Z

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USD/CHF — Am currently watching this closely. Looks promising, lets see how she breaks! Z

The DIBS Method... No Free Lunch continues

A break to the south would be more appealing to me. Especially if we break through 133.000 Z

The DIBS Method... No Free Lunch continues

Welcome Josh, nice to have you here. I've also read through all of James16 thread and sometimes contribute there also. You got the setup correctly however there is a filter that Peter posted in one of his post that is easily over looked. He said ...

The DIBS Method... No Free Lunch continues

EJ — Wasn't around for this today but thought i would share it. 1:1 reached on the first lot but the second lot would have been stopped out. The major long term trend is up so ideally we should be looking for long entries and not shorts! Z

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Hi Razor, a few words of encouragement from one of Peter's early posts; ".......Other markets weren't as nice as the Pound, and had a lot more 1:1 profit targets hit and then subsequent stop outs. The secret to success as a trader, in my humble ...

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Capital preservation is key here. Let the market do it's thing, settle down then look for valid setups. Its seems to me everyone is standing aside and waiting.. Take care guys/gals. Z

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Double Inside Bars — Anyone notice the double inside bar on GA? Entry on 15min chart was also an inside bar. Missed it. Stepping out again. Z

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Happy Birthday James16 — Wishing you all a very happy birthday. Z http://www.youtube.com/watch?v=m44z-223UYE

james16 Chart Thread

The more i look at it the more i think FXMatt is right. The way i take the DIBS trades is as follows: 1. Find the setup at or after 6am GMT 2. Establish the current trend and only trade in this direction and 3. Take trades that are not too ...

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Thats what i thought initially but if you take a closer look at his charts, you'll notice that each trade was at least 6bars (1hour) away from where he drew the midnight line. Also if midnight was 6am for him he would be breaking one of his rules ...

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Razor/FXMatt I'll quote Peter Crowns here and attach one of his charts: "....am attaching a snap of the hourly GBP/USD for this week. The white dotted lines, which are 24 hours long, start at the close of the previous day, at Midnight. I am only ...

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Thanks Razor

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Hi Tfflyer, I agree with you. I think the confusion comes from the words up day and down day. Peter determines an up day/ down day by watching the location of price action in relation to the close at 12midnight. He will then take an inside bar ...

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Igi, The inside bar's high and low must be within the previous candle/bar ( you can have equal highs or lows). Generally, the smaller the range of the inside candle/bar (in relation to the previous candles) the greater the breakout usually is. Z

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Important — I've just been through all the charts posted by Peter Crowns and everyone on the DIBS and i found that a key point that Peter looks at is being over looked by a lot of us (myself included). Peter draws a line in the sand at ...

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