Couldn't post and trade yesterday due to personal reasons, busy times. Anyway last 2 days were part of the countertrend swing, they'll always happen but that doesn't make them more annoying. I definitely need to practice my mental side even more ...

Pure and simple DIBS trading

USD/CAD is doing very good. It’s been keeping up with its uptrend so it’s very tradable. Both still open for a profit of +8%, hopefully the trend continues and I can go move the SL. Been busy the last couple of days so I’m just focusing on the 1hr ...

Pure and simple DIBS trading

Not a lot of action today. Everytime there is a countertrend move you have to stop trading or use another strategy in the meantime. Personally i think the knowledge that the trend will continue and good trades is enough but that might not satisfy ...

Pure and simple DIBS trading

This was a big topic of discussion in the DIBS community for a while. I can't remember if it was in the original or in the continuation thread. From what i understand you can take trades from IB's that are formed before 6am as long as the entry ...

Pure and simple DIBS trading

About trading the retrace, i only do this when the trade didn't make 1:1 R:R yet. In this the trade would have already been closed half because the trade moved enough as far as the sl (so then we close half the postion and leave the other half ...

Pure and simple DIBS trading

I'll try to answer all the questions as well as i can: @livindaylight: You definitely got the idea, just a couple of small thing missing. First you seem to take the daily open as the horizontal line for making decisions, according to the dibs rules ...

Pure and simple DIBS trading

No trades today. All the pairs were going in the opposite direction of the bigger trend. Not really a big problem as the pairs didn’t move to much against my positions. One of those days where you can just leave early and move on with other things ...

Pure and simple DIBS trading

3 trades today. A little bit of everything: 1 BE, 1 loss and 1 free ride that’s +4% now. The BE and loss were on the GBP/USD. The free ride was on the euro, my longer term positions also profited nicely from the trend continuation. The euro trade: ...

Pure and simple DIBS trading

Bit of a boring week so far, the dust from the CHF settled down. The week will finally get interesting tomorrow when the ECB hold their press conference. I will look to get in some positions early in the morning so I have some free rides that will ...

Pure and simple DIBS trading

Couldn't update due to some weird connectivity issue, will try to keep this thread daily updated, because that's the only way to keep yourself on the right path imo. Only took 1 trade this monday, no trades on friday. There were 2 potential trades ...

Pure and simple DIBS trading

Some more examples of this trading strategy. As I mentioned before I am trading this live on 1hr charts and trying out 4hr and daily chart trading on demo. So far the experience with both are very good. I took a trade yesterday on EUR/USD and ...

Pure and simple DIBS trading

Some trading examples on the USD/CAD. I trade the 4 majors and the CAD, just because it's the only pair other then the majors with a relatively low spread (at least where i trade it is) image These are the last four trades on this pair. This is a ...

Pure and simple DIBS trading

Last thing before I will focus on putting up charts: I will post the charts in mt4, but I don’t trade on mt4. I only use mt4 as my charting software. The actual trading I do is on a web based platform of another broker. I will not get in discussions ...

Pure and simple DIBS trading

Some other stuff to consider: In the 4 months I traded the strategy I made around 150% profit. I was pretty lucky I must admit but at least this is proof that it is a great strategy. Please realise that 3 months is by no way a long enough timeframe ...

Pure and simple DIBS trading

How long would you keep your positions if they go positive? 5 minute time frame seems way to short for opening positions you want to keep multiple months...

Trading an Equity Millipede

no i'm using every rule udine gave us, just saw a possible higher probability for some trades then others, anyway do with it what you like, i'll keep demoing this method as i've done for a while now and just see how a 10/10 sl/tp for trades away ...

As simple as possible: 00 level trading

i've been following this thread on and off, but there's so much being said that i dont have the time to read every post so if i this is asked/noted already please refer me to the post when i looked at the RN and the .100 and .900 rule i noticed ...

As simple as possible: 00 level trading

nope definitely no indicator, it's just a standart mt4 arrow (with slighly different setting wich don't matter at all) to make it more clear on the chart what i'm doing, you probably know but you can find them here: image

Simple 5 Min Gold (XAUUSD) Strategy

took this trade on my demo account a short while back: image simple 1:1 rr trade again, good stuff so far, will keep at it.

Simple 5 Min Gold (XAUUSD) Strategy