Chickened out of this second trade of the day on GBP after first push reversed, having gone 74% of the way to my TP. Would have gotten pretty close to my original stop loss had I still been in the trade but eventually turned back bearish and hit the ...

The DIBS Method... No Free Lunch continues

And back in action with a beatiful winner on GBPUSD with the opposite color combination on the motherbar-IB that seems to be making most sense. Plus it was the first trade of the day, coupled with good price action. The kind of trades we like.

The DIBS Method... No Free Lunch continues

Not trading today but just noticed how the same color motherbar-IB combo failed yet again, despite clear price action leading up to it. There's something to it. Have to be extra careful with those.

The DIBS Method... No Free Lunch continues

DollarYen has been a lesson today throughout. First trade I already described. Second trade, arghhh...Freakin doji candle, I really-really didn't want to enter that but hey, it's the rules. Of course we lost it. Third trade confirmed a (growing) ...

The DIBS Method... No Free Lunch continues

Good morning friends, another day, another lesson the market taught me. 'Just trade the setup' is what I was taught yet again by USDJPY. See I was anxious of taking the inside bar circled with green. JPY was barely below the 6am GMT daily open and ...

The DIBS Method... No Free Lunch continues

Update on 12h paper trades. Left side of the chart is MES, right side MNQ. MES knocked out the previous trade for a 35 point loss (ouch) but then a day later offered an IB to enter and produced a 27 point winner. MNQ completed a 217 point winner ...

The DIBS Method... No Free Lunch continues

Love how this PDF summarizes the patterns and the visual examples, thank you for sharing. Particularly impressed with the Outside Vertical Bar patterns, they look well worth trading. I guess these days they would qualify as "sweeping the highs/lows" ...

The DIBS Method... No Free Lunch continues

I wrote about the sideways price action and how I am not keen on trading those IB patterns, as exemplified by the last EUR trade from Friday as well. Here is a perfect example from this morning on USDJPY. If I purely look at which instrument is most ...

The DIBS Method... No Free Lunch continues

So friends, a nice warm-up trade on USDCHF to start the day. As our friend from Kazakhstan always said: I like! *sips coffee* As you can see on the EURUSD chart, I didn't trade the IB because it wasn't an IB by 1 tick. I know, I know, but I am ...

The DIBS Method... No Free Lunch continues

Nice! Can I ask if you trade these bars and if yes, how?

The DIBS Method... No Free Lunch continues

Paper trading the DIBS method on best performing non-penny stocks of the day on 15min chart (both 1h and 30min might be too much for a 6.5 hour trading window). Because why not. Using Finviz to screen stocks that are going up the most on the day and ...

The DIBS Method... No Free Lunch continues

Two nice and easy winners on CHF and GBP. Felt a bit uneasy due to the correlation taking on both trades but price action seemed really nice and we get so few signals during the week that hesitation just won't cut it with this strategy. These were ...

The DIBS Method... No Free Lunch continues

Nice short trade on EURUSD, very bullish IB on 30min but price ripped through the sell order at the bottom like crazy. Gold more than completed the 12h IB. Great success

The DIBS Method... No Free Lunch continues

Friend, I salute you for following up, ďakujem! Unfortunately, your method is not something I am able to grasp. Not sure what the waves are (Elliott Wave method?!) and how you decide to enter a trade. But hey, if it works for you than that's all ...

The DIBS Method... No Free Lunch continues

Last trade of the week with DIBS was a loss on USDCHF but only traded it with half size as it was the 3rd trade on the same instrument for the day and quite late in the session. The 2 winners before puts the method to about break-even for the week ...

The DIBS Method... No Free Lunch continues

Thank you very much. Lots to go through over the weekend

Nova Volume Trading System

Any of these rules you pay special attention to, anything that is a difference-maker in a trade for you that you'd highlight? Thank you.

Nova Volume Trading System

Hi Mwangi, I am just starting out with Nova and have mixed results even though I believe I am following the main rules. Could you describe what is the exact checklist you go through before you enter a trade? I'd like to learn from someone who is ...

Nova Volume Trading System

Got stopped out of gold. With all the losses on oil as well I think it's time for me to focus exclusively on Forex for this strategy and forget futures for now. USDCHF completed the second winning trade, attached the screenshot. If I look at how the ...

The DIBS Method... No Free Lunch continues

We got stopped out of gold, gunning for 1.5 R proved fatal, comfortably reached 1R though so it was at break even. New trade on EURUSD 5min, putting my faith in the daily TF (bullish) and the nova indicator. Let's see. In hindsight, I jumped the gun ...

Nova Volume Trading System