I'm gonna download that ebook and study the OR, just one question for now: what time do you consider as the OR time?

Trading Futures

Nice thread here! Any idea what drove the spikes all over the place?

Trading Futures

I closed at 1.9670 for BE on the remaining 1/3 of the position, so all in all a positive trade...

The DIBS Method... No Free Lunch continues

Now price is testing our previous support at 1.9666, which price hit first time and then tested a few times before going through. Now it's testing it from the other side. If it doesn't hold as resistance it's a reversal for me...

The DIBS Method... No Free Lunch continues

Regarding your stochastic, I don't use indicators. But just think about it like this: Does price have to turn around as soon as the stoch is oversold/overbought? I dont think price really cares about the indicators, which is why I don't use them. Of ...

The DIBS Method... No Free Lunch continues

What does price usually do when it hits s/r that it can't break? It shoots away from this area. When it doesn't shoot away then you can assume that there's a fair chance of a break of this area. As you can see if you've been following the ...

The DIBS Method... No Free Lunch continues

You wait until 6GMT and if it's still valid you play it, if not wait for the next setup. Please do read more than 1 time, especially PeterCrowns' posts and they contain invaluable information. And after that read through this thread. If you really ...

The DIBS Method... No Free Lunch continues

Price is moving at a snail's pace, but price action is some showing downward momentum at least

The DIBS Method... No Free Lunch continues

You use today's open price for today's trading. Like on GU today the open price on my charts was 1.9735. So if price is above that price you are looking to buy. If price is below that price you are looking to sell. And price is below so we are ...

The DIBS Method... No Free Lunch continues

GU testing the support a lot now, a break from here and we could be heading down to 1.9625-1.9590 area. Although I don't think the break will be a fast one. If it reaches this area, I'll watch the price action and if I see a reversal I will close ...

The DIBS Method... No Free Lunch continues

Lol did I sound uneasy? "24 hours old price" just sounded so waaaaaaay outhere...

The DIBS Method... No Free Lunch continues

Care to explain this?

The DIBS Method... No Free Lunch continues

The answer is on the first page on this thread, but I'll give it again: IB on which hour? You can play an IB, be it at 5.00 GMT, 4.00 GMT, 3.00 GMT or even 2.00 GMT as long as it is off the Open of the Day, 6.00 GMT. Peter's charts show this. And ...

The DIBS Method... No Free Lunch continues

Yes it is an IB, and this question was answered higher up on this page...

The DIBS Method... No Free Lunch continues

GY isn't really showing any direction at the moment and is ranging somewhat. And I don't like that pair, so erratic and hard to judge...

The DIBS Method... No Free Lunch continues

Cheers mate. Too bad I missed the perfect IB of the daily open but you can take them all...

The DIBS Method... No Free Lunch continues

Have now closed 2/3 at 1.9670 and price has stalled at the s/r area, let's hope for a break shall we

The DIBS Method... No Free Lunch continues

It's at the bottom of the channel, and coming down to a good support in form of s/r area, weekly s1, daily s2, and fib 61.8% of the move up from 14/May to 15/July So I would be a little carefull with this short. The stoploss is 19+2+3 (IB size + ...

The DIBS Method... No Free Lunch continues

I look for overnight ranges on M15 based on the big view, when the breakout occurs I switch to M1 and watch the speed and the priceaction and relate that to how significant the range boundaries are, how many times the range boundary that is about to ...

Breakout Confirmation? ideas

Yes I find there's a difference and I like your system, so keep up the great work you are doing here, much appreciated!

Hedge trading spieler system derived from futures spread trading