your win loss ratio with this system will be close to 50% or worse. By letting 1 lot (or less than 50% of your total lots run) run and getting a great breakout, much the same as the break out after FOMC news, then you are increasing your account ...

The DIBS Method... No Free Lunch continues

Another way to trade this system is with 2:1 TP at your first limit. What I mean by that is if your account allows more than 2 lots, say 3 then at the first limit (1:1) exit with 2 lots and let the 3rd run. If you do this then you will still take a ...

The DIBS Method... No Free Lunch continues

All 3 are good. Daily, 4 hourly and hourly. Hourly is good because there are multiple trades that can appear and the risk to reward can be great if you catch the run. 4 hourly is basically 4 hourly candles blended, so whilst the risk (in pips) might ...

The DIBS Method... No Free Lunch continues

Its good to wake and have both your trades as risk free trades. Finally after a couple of days of patience the Daily IB of the EUR has dropped the 130 pips i needed to become risk free and the swissy also came up enough to be risk free as well. Lets ...

The DIBS Method... No Free Lunch continues

Nice to have you back, it has been a very busy 2 weeks for DIBs trades. Lots of opportunities available including some great entries mid last week. Welcome home

The DIBS Method... No Free Lunch continues

Currently Short on the EUR from a couple of days ago. Price is starting to drop now but Im still some pips away from BE (was a daily IB). Long on the swissy at 1.1258 with SL at 1.1221. If I get to BE on either or both of the above I will look to ...

The DIBS Method... No Free Lunch continues

EUR/USD — Well im in short. Daily IB has been activated and it happened while i was watchin TV, Now its time for bed. Take care all

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Same here, ohwell, it didnt run a great deal so a BE trade is a great result. Im now looking for the EUR to pull back some of the gains last week. I have a setup for short based on the daily candle. May not come in today but I will leave it open ...

The DIBS Method... No Free Lunch continues

Short USD/JPY. First limit hit so it is now a free trade.

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Eur/Usd — I have a short set up for the EUR/USD based on the IB on the daily chart. After the large move last week we could see a pull back early in the week. I have set up 1:1 on 1 lot and the other lot to run.

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[quote=Money4Nothing;2618893]Bottom line is you got lucky on the FOMC announcement, IMHO. The reason I say that is conventional wisdom dictates you sit on the sideline before major news releases and I know you know that. Price could have swung ...

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This in exactly why after reading the infinite yield theory that I had an AH HA moment. For so many traders the goals are simple. Get in and get out, minimise risk and take 'limited' potential. It was whilst looking back at so many failed trades/vs ...

The DIBS Method... No Free Lunch continues

Thank you Peter, it is a pleasure to see you return and give some insight. I read your post and even went to have a look at TheRealThing's posts also. Did some homework on some of the items you have wrote. I was most impressed by the infinite ...

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This is where the money is — This is where if you are in a trade in the right direction you are making big. USD is tanking big time. I got knocked out of all trades yesterday and have been a work pretty much since. I havent had a good look but ...

The DIBS Method... No Free Lunch continues

just somemore, i have taken a trade at 3985. reasons are fib and resistance coincide here. I have an entry for the IB too but this is just a trade I couldnt say no too. It is a small trade that if falls will merge with the IB candle and get me in ...

The DIBS Method... No Free Lunch continues

to add to the above. the pound has dropped nicely so far today and there is potential to enter the IB that has formed last hour. If you look at the size of the IB candle compared to the movement candles for the day, the IB is less than half the ...

The DIBS Method... No Free Lunch continues

from my understanding he would be trading in the direction on the big day because there is more likelyhood that he will end up no worse of than BE. If he has an order on the market side of an IB the break out still has to occur for him to be in the ...

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all out, USD/JPY stopped out after 3 days and it was a free trade. So far I have taken 4 trades and lost 3 to BE and one to -24. Guess that averages my losses to 6 pips. I have made all the right decisions but have just been stopped out. My GBP's ...

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Nice work. If she follows the GBP/USD then there is still room to go.

The DIBS Method... No Free Lunch continues

agressive — if you wanted to be aggressive you could have placed orders either side of the Daily IB (on daily chart) from yesterday. My bias as mentioned would have been the bottom side as we were at the top of the channel, but if you had that ...

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