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- Dale replied Jun 17, 2016
Having a complete trading plan that you have tested will help you follow the rules.
The DIBS Method... No Free Lunch continues
- Dale replied Jun 17, 2016
2 times risk?....It made it to 2x but I had my 1/2 off take profit in the wrong spot. So, I just got out, there are plenty of fish in the sea.
The DIBS Method... No Free Lunch continues
- Dale replied Jun 16, 2016
I believe you are on the right track...
The DIBS Method... No Free Lunch continues
- Dale replied Jun 14, 2016
Yes.. that will work if you are not regulated by FIFO Respectfully Dale
The DIBS Method... No Free Lunch continues
- Dale replied Jun 14, 2016
So.......Why enter a position against the direction of the position you want to hold?
The DIBS Method... No Free Lunch continues
- Dale replied Jun 11, 2016
I would be remiss to if I did not warn all of you to be extremely careful as we approach Brexit vote. Margin requirement doubling....Read between the lines, remember was it the Franc that had that extreme move the other year? Some of you may make ...
The DIBS Method... No Free Lunch continues
- Dale replied Jun 9, 2016
By this alone I know without doubt you are on the right path..
The DIBS Method... No Free Lunch continues
- Dale replied Jun 8, 2016
Maybe you use the Japanese open and/or the US open only trading the those pairs? Here is one, now I think it is time to go to sleep..........Zzz
The DIBS Method... No Free Lunch continues
- Dale replied Jun 7, 2016
Nothing wrong with trading Mibs (Monthly inside bars) In order to be consistent it is important to trade a method you can actually do in real time. -One hour, 4 hour, 6 hour, 8 hour, daily? My take is that Peter traded the one hour so he could ...
The DIBS Method... No Free Lunch continues
- Dale replied May 29, 2016
My understanding is that the Brexit vote is on June 28.
The DIBS Method... No Free Lunch continues
- Dale replied May 28, 2016
Basic DIBS If price is up on the day you are looking to buy, if price is down on the day you are looking to sell You are looking to build a position long or short in the direction of your longer term bias. Personally if my long term bias is Buy I do ...
The DIBS Method... No Free Lunch continues
- Dale replied May 27, 2016
Hi turnip15, Are you going to forward test for a couple of years? do you have a written plan you can test for a couple years? Are you ready to risk real money trading the same way for two years? Entry details, exit details, overall direction of the ...
The DIBS Method... No Free Lunch continues
- Dale replied May 27, 2016
You might want to turn off "the Grid" so there is less noise on your chart.
The DIBS Method... No Free Lunch continues
- Dale replied May 24, 2016
"Implying so as long as your stop loss is not triggered, you just wait until...? " PC did give a suggestion in one of his post's. Ultimately though you will need to determine your exits based on you own research. I would not recommend you take ...
The DIBS Method... No Free Lunch continues