What is the role of the momentum indicator? This indicator most probably goes below 100 when the price touches .618 retracement. Thanks

Yet Another very simple Fib Strategy

Thanks for the great feed back. I was attracted by the sense of safety given these are big banks. Looks like not really worth it. BTW, does any one know whether these are dealing desks like tdion asked? Thanks TS

Citi FX

To me, grandmas are extra special. You are right. For them, you are never wrong. My condolences, Jim.

The DIBS Method... No Free Lunch continues

eur/jpy — Here is one, I am in.

The DIBS Method... No Free Lunch continues

Good luck — All the best for the new week! TradeStar

The DIBS Method... No Free Lunch continues

Here are PDFs I found, for whatever its worth. Your question, does it apply given this is part of a bank unlike the regular brokers. I will find out. Thanks, TS

Citi FX

Hi benssol, How do you know he is copying it from Trading naked and not giving due credit. Also how do you know that trading naked is the primary source for this method. I appreciate the fact that he took time to elaborate on this method. Thanks ...

How to use the 9/20 EMA setup effectively

No questions. Five Stars!!! TradeStar

The DIBS Method... No Free Lunch continues

Well, tkimble's weekly scalping is very close to this first strike method. I have seen TheRealThing contributing primarily on that thread. TS

The DIBS Method... No Free Lunch continues

Thanks Zinc6. Few extreme trades netting above 100% means 1:100? TS

No Free Lunch but all the Free Coffee you can drink

Another aspect to consider: In spite of small % risk you can still have decent position size, given small SL range of IB. No reason to consider unnecessary large % risk. Thanks, TS [quote=billflet;2025091]

No Free Lunch but all the Free Coffee you can drink

I saw a PB on 4 hr as well around this price action. Hence my question. Excellent. Thanks TS

The DIBS Method... No Free Lunch continues

Seeking, Don't unsubscribe, yet. When you say PB, you mean to ensure there is a PB on a higher time frame or on 1 hr itself. Thanks TS

The DIBS Method... No Free Lunch continues

GBP — Nice breakout in GBP USD. I missed it.

The DIBS Method... No Free Lunch continues

Didn't go too far. Stopped out for BE TS

The DIBS Method... No Free Lunch continues

Another classic Dibbs trade — A free ride TS

The DIBS Method... No Free Lunch continues

Applying Dibbs method mechanically — I can understand how it feels, when folks try some variations to this approach by bringing their knowledge from different methods and experience and make profitable trades and I am sitting there waiting to ...

The DIBS Method... No Free Lunch continues

That's a good point.

The DIBS Method... No Free Lunch continues

Update — It's interesting. This incorrect IB, I happen to take yesterday by oversight seems to running fine so far. TS

The DIBS Method... No Free Lunch continues