and there is that good ole BofJ intervention...........BOING!!!

The DIBS Method... No Free Lunch continues

Put on a 6th position overnight - Im in toronto - was up 1700 pips or so when I left the house this AM

The DIBS Method... No Free Lunch continues

with this approach, I only trade two pairs G/U and U/Y and I play them as the opportunities present themselves. I chose these two to get geographic diversity. You never know when a pair is going to start trending so I wont ignore one pair for the ...

The DIBS Method... No Free Lunch continues

up about 1500 pips in total on the U/Y short. currently have 5 open positions of varying sizes - each no larger than 2% of my account equity - probably closer to 1.5% each. I have another entry for 87.30 The average sell price for me is 88.80. ...

The DIBS Method... No Free Lunch continues

no one knows. that is why you develop a take profit method - be it time based (all trades stay open for 11 days) or price based (trail with a moving average or some multiple of the average weekly range) that lets the value of your trade grow. This ...

The DIBS Method... No Free Lunch continues

Dibs, much like any trend following system, will always work as long as you know when and how you make money and know how to size appropriately. As long as you are sized small enough, you will always be around to catch the trends. And what you will ...

The DIBS Method... No Free Lunch continues

At its most basic you need to decide, are you going to be a trend follower or reversion to the mean type trader. I'm not saying you can't do both, but you need to do so systematically. Your next step is to find a method that combines an entry ...

The DIBS Method... No Free Lunch continues

In the past 8 months — using IB's I have ridden my account up about 60 to 70% - then went through about 45% drawdown from peak equity - back to my starting point essentially an then some and have put back on about 30% from my lowest drawdown ...

The DIBS Method... No Free Lunch continues

tell me........... — that at least someone out there is working the short side of the USD/YEN Currently have 4 short positions (of varying size) on the pair from the following entry points 90.8 - from june 17 - 2 units 89.17 from june 28 - 2 ...

The DIBS Method... No Free Lunch continues

no negativity was meant at all, but if you are going to be a trend trader, especially a beginning trend trader, without years of experience, the whole S/R concept is silly because it means you are going to predict where the market is going to top ...

The DIBS Method... No Free Lunch continues

feelings have nothing to do with this. It all comes back to your back testing. This is just a game of probablities. You just need to define the rules that give you a positive mathematical expectation over a large number of trades. Personally, silly ...

The DIBS Method... No Free Lunch continues

there is nothing magical about inside bars. They just serve as an easy way to measure off risk. How you use them in practice and questions like how long are they valid for and how often you re-enter all depends on your back testing. All you have to ...

The DIBS Method... No Free Lunch continues

If there is an IB, I take it. But dont just take my word for it, you need to do your own backtesting, you may find that filtering IB's by sunspots, days of the week or planetary positions works for you. I'm a simplton, so I keep it simple Dont get ...

The DIBS Method... No Free Lunch continues

Its only an "edge" if you have system (a mechanism that combines entry and exit timing along with a sizing method) with a statistical edge otherwise you are randomly swatting at flies. When I first started trading I was constantly trying to fade ...

The DIBS Method... No Free Lunch continues

UJ shorts — Im short - 3 positions - entry points by the yellow ellipse (there were 2 IB's by the first ellipse - I took them both - first long and then short). Most of the positions are small given the volatility and size of the IB's Up about ...

The DIBS Method... No Free Lunch continues

the only filter i used in my back testing was not to use IB's that form on Sunday, it was profitable enough in back testing that I didnt get bogged down with anything else. I could be missing the obvious though as I have been known to do that I also ...

The DIBS Method... No Free Lunch continues

Long Tails..... — The only real issues I had with PC and hourly DIBS, and this is really just my personal bias, is all the sitting around I had to do waiting for an IB to form on the hourly chart (getting up @ 2 am and just sitting in front of ...

The DIBS Method... No Free Lunch continues

why are you moving stops? what is your trailing method?

The DIBS Method... No Free Lunch continues

a better aproach to sizing — rather than sizing just based on the size of your account, you can also determine your size based on your standard risk rules and the risk of that particular entry. so say you are willing to risk 2% on a trade and ...

The DIBS Method... No Free Lunch continues

maybe you havent noticed, but i think most people here play spot forex.......

The DIBS Method... No Free Lunch continues