Here we go............ Free ride on USD/CHF

The DIBS Method... No Free Lunch continues

Hello? Is there anybody in there? Just nod if you can hear me... I guess everybody is watching the DIBS forming on CHF....

The DIBS Method... No Free Lunch continues

Interesting approach When trading a "hot hand" (trade in the same direction of the week's trend) I usually trail my stops manually using 1 or 2 pips away from a variation of Parabolic SAR (0.06). Why? Cause I really don't like pullbacks. ...

The DIBS Method... No Free Lunch continues

Good Morning, Shefa and everybody! Absolutely correct! As I said some posts before, we must ALWAYS "keep an ear on the floor", and use our discretion to filter all the setups this method gives... Indicators can be powerful tools to filter ...

The DIBS Method... No Free Lunch continues

All you have to note is WHEN the big traders come to the market, cause they move it. They begin in Frankfurt open, which is 1 hour before London open, and the movers slow down at the last 3 hours of the NY session, what gives us about 9 - ...

The DIBS Method... No Free Lunch continues

Nice input. I personally don't take the re-entry too, in a case like this cause conceptually I would be "forcing" the market, chasing a breakout that failed once. Burning accounts is what I see on doing this... But I also take ...

The DIBS Method... No Free Lunch continues

I also had a very "bed" day ... gone to bed, went out a little and no trading at all. (just kidding, for you to relax with your bad day...) I think tomorrow will be a better day on early morning. Today there were too much counter-trend to my ...

The DIBS Method... No Free Lunch continues

Don't see any IB until now... Holiday... Celebrate... ? I see some really WILD moves... GBP moving almost 100 pips on Retail Sale and Business Investment... EUR going South.... Guess I'm going to bed a little more. Holiday in Brazil ...

The DIBS Method... No Free Lunch continues

Good morning! You're welcome! 5:30am here in Brazil... everybody sleeping... Parabolic SAR is fitting to me just fine so far, but I don't use the standard (0.02) values of the MT4 indicator, I use it set to 0.06... of course, it's a very ...

The DIBS Method... No Free Lunch continues

Hello, Naija I guess Peter Crown said that if you were using this method in D1 or more, you should use week's open or even month's open. I remember also that it was a simple method that he used for years of live trading with big traders/big money, ...

The DIBS Method... No Free Lunch continues

Hello, Ozzie! Agree 100%. Following ANY system blindly, even the best ones (as I consider DIBS) is a recipe to disaster. If you use MT4, you go to the 4H Chart and draw a THICK line in the week's open (that's what I do). If you're in ...

The DIBS Method... No Free Lunch continues

What you are doing is giving a better chance to profit, I think is a good strategy , since it fits to your trading style. But IMHO you don't give much air to the pair, It sometimes needs some space to breathe.... I would, maybe, when my ...

The DIBS Method... No Free Lunch continues

Got that too...

The DIBS Method... No Free Lunch continues

I got that triple IB and now I'm in a freeeeeeee ride.... Shefa, be veeeery careful with that no-stoploss strategy. Somebody said once: "If you don't use stoplosses, you better be right!" This breakout system gives us very good entry points, ...

The DIBS Method... No Free Lunch continues

Still not in free USD/CHF trade yet... almost there... My patients must be kind of "inpatient" right now... Great thread. Been following since the great Peter Crown's "classes" in Bemac's thread. Great job all of you have done. IMHO these ...

The DIBS Method... No Free Lunch continues

I see those IB's too, and going for it. Maybe take smaller lotsize on GBP/USD cause there are US news coming, and the pair is moving above Week's open. USD/CHF is moving below Week's open, i think is a "hotter" hand Shefa, Those things happen to ...

The DIBS Method... No Free Lunch continues

Got an image of a live trading! image image

Precognitive Trading

Agree 110%! As in the stock market (where I'm used to trade until last year) the profit is highly related to WHEN YOU BUY... At Forex, that means WHEN YOU ENTRY. Predicting is the key... to be burned! Nice thread

GBP/USD or EUR/JPY or.... Whatever's moving!!

I think, IMHO, that the so called "long term trend" is an obvious discovery, unfortunately seen only in a rear-view mirror, cause when it is happening, nobody can predict how long it will last, or when it is going to turn the corner. ...

GBP/USD or EUR/JPY or.... Whatever's moving!!