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HouseTrader replied May 30, 2008Rusty. Peter is still posting some little pearls at Bemac's original thread... I'm sure he gives sometimes a glimpse around here... Cheers! HT
The DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008You got me with that! Agree 110%! The beauty of this system lies on its amazing simplicity. In this case, less is definitely more. I've been following your posts since the beginning, but this one I colud not resist to reply. Thanks a lot Peter for ...
No Free Lunch but all the Free Coffee you can drink
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HouseTrader replied May 29, 2008
So cruel... Bolivia... Just came back from the office... Hope you fellows had a "pipfull" day (neologism is fun...) I got some for me
Took the USD/JPY in the last night and still free riding... Caught the EUR/USD in early morning (actually ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008
... This Vicodin thing is the only EA i use....
HTThe DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008
Seriously now... One of the rules that PC posted is almost totally ignored by far. HE ONLY TRADES THE FOUR MAJORS... I'm doing it and the results have been nice. For this method to work we NEED the big traders push, and for this thay must be ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008
Nerves of steel! it will come back to papa later.... Cheers! HTThe DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008
To me, the essence of this thread is: Why PC and TRT, traders that have been on the market for so long, use this amazingly simple system? What are the other factors they take (the discretionary factors) to do it for so long? It may not ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008By the way... What time do you use for the daily open?
Just kidding!
Again, "the Daily Open Monster"... Agree with you, DaBuschi... sometimes we are so deviating of the essence of the thread... but it's human nature. As you said, we must ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 29, 2008Hello, Rocroy... The essence of DIBS is what you stated above... "using IBs may be a low risk entry method", with brings a nice R/R, since the 1st profit target (when the trade becomes "free") is often easily hit... additionally, it tries to catch ...
The DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008Well said, Dave!
I use two brokers, with 2 different data feeds. Sometimes what is a clear IB in one broker, is 1 or 2 pips out on the other. And sometimes I have 2 matching IBs on both brokers and I don't get the trade, for some other ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008
That was a nice and clarifying post, NowAndLater.... I guess I missed it... this thread's evolutions has been faster than my following capabilities...
Cheers! HTThe DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008
... It's a Secret Weapon! They keep me on the "hot foot"..... Oh... I think there were something around here about a "hot hand" ..... ???? I guess I'll have to change my indicator to some kind of gloves... Maybe I'll try to use the slippers on ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008
So much confusion! I do as you mentioned. Look at the FF box at left upper corner (It gives you the remaining time to the market open to... no math skills needed...
) and draw a vertical line at the London Open. I use too (cause I like ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008Trading Naked — Fellows, I know it may be traumatic to your coronaries... But here we go... That's me, trading naked! (some humor never hurts!
)The DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008Thanks for your kind words, Dave... I've been too busy today at office, so didn't traded. I see now I missed some good ones
... Hope you all got some pips from Mr. Market today! I see also that there has been some valuable discussion on the ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 28, 2008
Nice approach I personally like this system a lot. And even with 6 IBs forming, I prefer take only 2 pairs, usually the ones that are in the "hot hand" and with lower spreads... This sounds like.... Money Management! (of course one could ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 27, 2008Hello, davema! That's almost exactly what I did. But I took the trade at the upper limit of the 2nd bar, an put my SL in the same price as you posted... That gave me a couple more pips and a better Risk/Reward ratio, but that's the essence .... what ...
The DIBS Method... No Free Lunch continues
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HouseTrader replied May 27, 2008Hello, fellows... just back from the office... wish I could trade all day long...
I totaly agree with Jarroo (this is such a great thread, Jarroo!)... we are in a medium therm uptrend, which for me is enough to take some long positions as ...The DIBS Method... No Free Lunch continues
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HouseTrader replied May 27, 2008
Right again! hey, I'm not an experienced trader too (far from it... an experienced doctor, maybe...
) The long therm trend is down, as you can see on W1 or M1 charts. But the long therm is MADE of sequential medium and short therm ...The DIBS Method... No Free Lunch continues