This trade is happening now: image

The DIBS Method... No Free Lunch continues

​THE "BREXIT" TRADE THUS FAR...on cable: ​(I'm currently waiting on a retracement)

The DIBS Method... No Free Lunch continues

I SHALL NOW GO OUT ON A LIMB... and make a suggestion for other FX veterans to try. I found this on the Bloomberg economic calendar. It's a note about the Bank Reserve Settlement, which happens twice a month. I highlighted some important parts. Tell ...

The DIBS Method... No Free Lunch continues

This may be a dead thread, but here goes... I am still a rookie trader, because I have not consistently traded and I haven't consistently used the DIBS method. However, whenever I found a good example of an IB, I made a screenshot of it. (Sometimes, ...

Peter Crown's DIBS method revisited

​USD/CAD This one started BEFORE the UK open, which is marked by the first vertical orange bar. The IB is the first bar after the vertical blue bar. image

The DIBS Method... No Free Lunch continues

​TWO MORE DIBS TRADES occurred over New Year's... I hadn't spotted any DIBS setups since the holidays got under way, but just after the New Year's holiday was finished, I found these two charts with clearly-defined IBs. (The USDCHF and EURJPY trades ...

The DIBS Method... No Free Lunch continues

I'm glad to see that the DIBS threads are still going strong, because the ideal DIBS setups are still happening on the majors... image I enclosed the IB with orange lines, and I took the prices from the forex.com feed. I put in some possible TPs ...

The DIBS Method... No Free Lunch continues

image If the NFP print is better than the expected consensus reading, then it will be seen as a good sign for the US economy, and the USD will get stronger -- and that is represented by a drop on the GBP/USD charts. That drop might be especially ...

Cable Update (GBPUSD)

Monday evening in Tokyo... 7:18 pm. We have an IB forming on EUR/CHF, but the range isn't very tight (1H chart). O - 1.0059 C - [undetermined] H - 1.0069 L - 1.0035 That's currently a 34-pip range. On the charts that I've seen with the biggest DIBS ...

The CHF tsunami - 15 January 2015

file IN CASE YOU'VE FORGOTTEN... The last time I saw a gap like this, it was on the Monday after the Scottish Referendum announcement. The Scots were saying that they were considering leaving the UK and there was a HUGE gap on CABLE. In the hours ...

The CHF tsunami - 15 January 2015

The Japanese government has just announced a corporate tax cut... (plus bonus free girlie pic)

USD/JPY Discussion

Even if algos DON'T trigger an automatic sell-off by scanning headlines for key words like "OPEC", "price cut" and "gold," bad news can cause a big sell-off in a single day. Consider GT Advanced Technologies. You can read more about it at this link, ...

How fast can a stock fall?

Two more DIBS trade setups occurred in the five-day period from 2014-10-28 to 2014-11-01. (Sorry it took a while to create .pdfs, but here they are.) I had to use the FF Markets page to print the charts, because the "print screen" function on these ...

The DIBS Method... No Free Lunch continues

image Just in case you were wondering... I just printed some charts of the USD/JPY (because of the BoJ QE injection on Hallowe'en day -- 1 pm Tokyo time) and the USD/CHF. There are textbook examples of IBs on both charts, and each one led to ...

The DIBS Method... No Free Lunch continues

I haven't read the whole thread, so maybe someone posted this .gif. It's from an article by Boris Schlossberg called Trade Like a Dealer, which advises us: 1. Always be fading; and 2. Never trust the first price. I attached the chart that came with ...

Counter-trend trading

I choose the "hot hand" from among these four -- EUR/USD GBP/USD USD/JPY USD/CHF

How Many Pairs Do You Trade?

Yes, because IBs are still coming up on the charts. I just posted some .pdfs on page 524 that explain them in detail. Here they are again: file file

The DIBS Method... No Free Lunch continues

...And here are two more DIBS setups on the CABLE hourly chart. Rest assured, I have NOT read all the posts on the subject of DIBS -- in fact, I don't think I've remembered all of PC's posts. But based on what I know, the same setup happens on the ...

The DIBS Method... No Free Lunch continues

Those DIBS trades I promised.... I stumbled across these as I was checking the charts. In case you are curious why I used FF charts instead of other charts or screenshots from GFT's Dealbook 360, I have to trade at a public computer, and the "print ...

The DIBS Method... No Free Lunch continues

It's been a while since I've posted, but... I've been checking the four big majors (EUR/USD, Cable, $/Y and $/CHF consistently and I've come up with a handful of textbook IBs on the charts that signal respectable price increases on a consistent ...

The DIBS Method... No Free Lunch continues