Hi Shefa, Study the example number given by NAL carefully. The price shown in the MT4 platform is always sell price. You pay spread only when you buy (either during initial buy when going long or buy back when closing a short) So when you go short, ...

The DIBS Method... No Free Lunch continues

Another quick question to re-confirm: If the IB is not broken on the desired direction (but broke in the opposite direction) comes back and breaks in the desired direction after 5 or 6 candles, is it still valid to take ? You can take a look at the ...

The DIBS Method... No Free Lunch continues

I didn't check. What about the 20SMA trail approach of PC for this. Did it even get to that point? TS

The DIBS Method... No Free Lunch continues

I took usd jpy — I took the clean IB on usd/jpy (upside break) and got stopped out. TS

The DIBS Method... No Free Lunch continues

Very well done Jarroo. This is way more valuable than taking profit. TS

The DIBS Method... No Free Lunch continues

Thanks Bemac. So basically you are referring to both the points I mentioned. Point well taken and thanks much for pointing out. Will look forward to your continued inputs and expert advice Regards, TS

The DIBS Method... No Free Lunch continues

Bemac, Are you referring to the fact that I didn't ensure it was a proper IB Or the fact that I am bringing the weekly BEOB into consideration for taking this trade, which has nothing to do with the method. I dropped a PM to you. Thanks in advance ...

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I am not sure why the volume bar is red for some green candlesticks.

Volume Data

Let me try this. Thank you

Volume Data

Thank you

Volume Data

Actually you are right. I Overlooked it. Let's see.

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Aud/Nzd — Not sure anyone else has taken this. I am short on this one based on the IB and encouraged by the weekly BEOB. Will see how it goes. Regards, TS

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First off, billbss did not create this method /thread. Why would he post wrong results to keep up the interest of others on this thread. He has been very consistent with using this system and the results are pretty accurate. TS

Weekly Gbpjpy Breakout System

Wow. That's exactly what I was thinking.

james16 Chart Thread

Vic Sperandeo's definition — I found this trend line definition by Victor Sperandeo on Wikipedia. Trend The idea of a trend is so intuitive as to never get a formal definition in technical analysis, even not in the classic Technical Analysis ...

james16 Chart Thread

Thanks for the indicator, HT. Thanks TS

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I don't think the 0000 GMT can be changed. However, I thought the opening price reference is always 0000 GMT, even though you start considering the trading bars after 6:00 GMT. May be I misunderstood; let me read Peter's post again. Regards, TS

The DIBS Method... No Free Lunch continues

Open price line — I found this indicator in 'The only Pivot' thread by tony_dtrader. This plots the horizontal line on the day's opening price. I find it very useful to have it for this method. Here it is. Hope this helps. Thanks to ...

The DIBS Method... No Free Lunch continues

In my humble opinion (I don't like IMHO ) this neat little technique is indeed a gem from Peter and Jarroo is doing a fantastic job in running this thread with a great spirit and many talented traders are latching on. This is not going to run out ...

The DIBS Method... No Free Lunch continues

Thank you, friends. TS

The DIBS Method... No Free Lunch continues