Thanks Teb. Merry Christmas.

World's Simplest System

John, Sorry for the late reply. Looking at this chart you can see that monday (marked by the red arrow) was inside friday's range (marked by the red lines). Ignore sunday's bar marked by the yellow arrow. I hope this clears things up. Also note, ...

james16 Chart Thread

John, If you ignore sunday's bar, monday was an inside day. Monday's high was lower than friday's high and monday's low was higher than friday's low. Therefor monday's range was inside friday's range. I hope this helps.

james16 Chart Thread

Jarroo, Here's the chart Djam was talking about. Inside bar that is shaped like a pinbar.

james16 Chart Thread

Dan, I've been aware of the system for awhile, but only using it for about a week.(Demoing) It is working pretty good. Teb's 5 min system is great for a trending market.(Like early last week) Teb's 1 min system is good for entering on pullbacks such ...

World's Simplest System

Dan, As Teb points out, he put that newbie system up because newbies have difficulty letting go of indicators. He gave them a system where they can still use indicators and not have a bad case of withdrawal. I would stick to the cleaner ...

World's Simplest System

Therefore, my theory on how to trade this method is to find situations that will generate order flow. Either forced or genuine. For the most part try to anticipate where the victim will lose confidence in his position that happens to offer a inside ...

The DIBS Method... No Free Lunch continues

exits are the key — Teb, Great post on exits and using multi lots. That post is a goldmine. It has better information than what is found in most books. Cheers, Dave

simple trading system for newbies

Hi Teb, Regarding the post that you removed. Were you looking to buy where there was demand at a bounce of the long term trend line. Then you went to the 15 minute time frame to fine tune your entry. Thanks for any explanation. Dave

World's Simplest System

Last 1/4 out at second target at 1.4129. Thanks again Teb.

World's Simplest System

Hello everyone, eur/usd 1 hour above 200, 15 min above, 5 min fell below. Took the 1-2-3 break up on the 5 minute. Closed 3/4 position at first target 1.4096. Last 1/4 at breakeven plus 2. Thank you Teb! image image Take care, Dave

World's Simplest System

Great results Teb!!! Thanks for sharing.

World's Simplest System

Thank you Teb. Dave image

World's Simplest System

Hello Teb, Thanks for your great simple system. The entry at the first blue box around 1.2900ish looks like a bounce off of a trendline with a pinbar. Am I seeing this correctly or were you seeing something else? Also, was this one of the alternate ...

World's Simplest System

Corre, As Forex007 pointed out, the James16 thread has great information regarding areas to look to take inside bar breaks. In a nutshell, look for confluences such as fib retracements and support/resistance, trendlines, psychological levels. As ...

The DIBS Method... No Free Lunch continues

Hello Feb, Thanks for this great thread and for taking the time to help us. I hope that all goes well with you. Take care, Dave image

The System II (Yes with irony)

Sorry, did not upload chart.

james16 Chart Thread

Hi Bjpumping, As Ghous pointed out you can use an indicator such as macd to spot divergences. The chart shows divergence between price and macd. Price is making a higher high and macd failed to make a higher high. You would then look for confluences ...

james16 Chart Thread

Bjpumping, Confluence is when you have different things lining up; such as a fib retracement, price pivot zone (ppz), moving average, round number. You look for price action in these areas. An inside bar is a bar whose range is engulfed by the ...

james16 Chart Thread

I closed the rest out at 1.2616 due to the stalling at the 4 hour trendline. Thanks again Teb. Take care, Dave image

1.2.3. break bacis