I guess is some kind of intuition... If I see a huge impulsive wave, then a pullback that passes half the big bar length (here it is, the 50% level), then a second bar that came down a little more WITHOUT break that first impulsive bar low, I just ...

The DIBS Method... No Free Lunch continues

House, If I understand your "perverted" method, it looks like the second perverted IB was the 11:30 est candle and you would have entered above 1.5507. It looks like you had some good confluence: It retraced about 50% of the last 30 minute swing and ...

The DIBS Method... No Free Lunch continues

It seems that he was clear about taking inside bar breakouts in the direction of the daily trend (long if top of inside bar is above daily open, short if bottom of inside bar is below daily open). But as far as his comment on not fading a dibs ...

The DIBS Method... No Free Lunch continues

House, Where is the 1am est candle on that chart??? How about an EA for that EEG? LOL image Cheers, Dave

The DIBS Method... No Free Lunch continues

TradeStar, I believe Peter was stating not to fade a dibs signal. It is such a powerful method that he recommends not betting against it. I believe that was what he was trying to convey. It's just my take on it. I could be wrong. Cheers.

The DIBS Method... No Free Lunch continues

Thank you for this post and your many other helpful posts. image Thanks, Dave

james16 Chart Thread

Jarroo, I'm very sorry for your loss. I wish you and your family well.

The DIBS Method... No Free Lunch continues

It's got 5 stars from me. Thanks Jaroo, Bemac, Peter Crowns and everyone that contributed and made this thread top shelf. Dave

The DIBS Method... No Free Lunch continues

Rusty, The 9 gmt GBP/USD (as per ibfx's server) is an inside bar that can be traded on a break to the downside since it is below the daily open (daily open on ibfx is 5 gmt, 1 am eastern united states as compared to Peter Crowns charts). Though, ...

The DIBS Method... No Free Lunch continues

Hello HT, I like your perverted DIBS setup. As you pointed out, getting in at the upper limit of the second bar gets you an earlier entry with a better risk/reward ratio than waiting for the original IB to break. Thanks for your input! image ...

The DIBS Method... No Free Lunch continues

just my two cents — Hello everyone, I did not trade the usd/jpy, but if I were to trade the upside break of that first inside bar, here is where I would place my stop loss. (see chart) I would place my stop below the second "perverted" inside ...

The DIBS Method... No Free Lunch continues

Well said Ozziedave. I agree 100 percent.

The DIBS Method... No Free Lunch continues

thank you Harold — Harold, Thank you so much for taking the time to create this thread and enlighten us. Your efforts are greatly appreciated. I hope everything goes alright with your wife's health. You are a gracious person and you deserve ...

the key to the mint

Harold, Thanks for the examples. They are very useful. Thanks, Dave

the key to the mint

chart example — Here is a trade I placed on a demo today. In at the red checkmark, out at the yellow checkmark. Thanks for the great thread Feb. The exit was also a double top from earlier in the day.

The System II (Yes with irony)

Great trade Dave. Thanks for posting. image

the key to the mint

OzzieDave, Thanks for your posts. Please continue to post. I (and I'm sure others) find them very useful. Also, thanks again to Harold. image Thank you, Dave

the key to the mint

thanks — Harold, Thank you for sharing your system and your wisdom. Also, thanks to everyone that shared information on this thread. It is appreciated. Thanks, Dave

the key to the mint

Moneda, Thanks for putting this document together. image Dave

The System II (Yes with irony)

thanks — Dave, That is a good point about former support becoming resistance. This increases your chances of a high probability trade, as you pointed out in the excellent chart examples that you posted earlier in the thread. Thanks again, Dave

the key to the mint