Long because it broke up, but first it broke down, so it would have been a stop-and-reverse. I don't know if that's what Bill did but it broke down first at the daily open. He might have just been looking at longs to keep with the trend from the ...

The DIBS Method... No Free Lunch continues

From the first post: 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.

The DIBS Method... No Free Lunch continues

One of the reasons for this is we are approaching lunch time (or we're already there) and we're awaiting important news in 1,5hours. Now we have to wait and see what the afternoon will bring. I'm already in trades and won't enter more today, will ...

The DIBS Method... No Free Lunch continues

Thanks for the reply!

Hedge trading spieler system derived from futures spread trading

My answer that showed otherways to see IB areas was not an alteration of PC method. Someone posted that they had missed out on todays move and thats why I gave that answer. In fact, DIBS in the H1 doesn't give so many signals, which is good because ...

The DIBS Method... No Free Lunch continues

Spieler, I think I remember reading that you compensate for yesterdays change in todays trading. Yesterday move was -0.28%. If you would compensate for this as we might start a trend down here, could we instead enter at -53% instead (-25-28), or how ...

Hedge trading spieler system derived from futures spread trading

Since you could take the first trade down and get stopped out for a small loss and then can enter to the other side then the break is not big enough imo, and PC has mentioned this and we've seen this over this thread as well. Stop-and-reverse is ...

The DIBS Method... No Free Lunch continues

There was one DIBS trade today and that was on GU. The 0700 vertical line is the 0500GMT dailyopen. The bar prior to this was an IB (matching high in this case) and at the dailyopen it broke down. This would have given a small loss if you went for ...

The DIBS Method... No Free Lunch continues

This is how I usually trade, and I've incorporated DIBS into this trading style, along with the many great advices that PC has given us (besides just the entry point that DIBS is built around). Priceaction range breakouts is my favourite forex ...

The DIBS Method... No Free Lunch continues

I've been hesitant to post this but I'm gonna go ahead because of your post. Who ever said that we had to restrict ourselves to the timeframe H1. And who said that price cares about 08:00-09:00 as the hour? Well - it doesn't! An IB is an area where ...

The DIBS Method... No Free Lunch continues

I traden naked and use priceaction to see the direction of my trades and I base the trades on overnight ranges. This morning I attached the indicator and saw that it gave me mostly the same entries. So I think it's good for those who are unusual to ...

A Basic Breakout System

Great thread here spieler! I'm attaching an indicator that shows how much the price have changed since the close of a bar of your choice. Put the bar-number (H1 bars) that you want to have the close of in "OpenTime". If it's before 00:00 then take ...

Hedge trading spieler system derived from futures spread trading

So that's what the wait was about? Where can I find out more about this?

The DIBS Method... No Free Lunch continues

That's what PC have been trying to tell us - wonderfull isn't it!

The DIBS Method... No Free Lunch continues

Yes I love gold! Oil and YM isn't that bad either. But these should be traded on futures contracts because of the spread.

The DIBS Method... No Free Lunch continues

I'm glad I can help. Later I'll show another way I use to get into trades that is similar to the H8, but that is based on priceaction ranges. I don't want to interupt this great method with this that. And I don't want to start a new system thread. ...

The DIBS Method... No Free Lunch continues

No big money moving the price at the daily open and there are no news to come out this morning... What are they all waiting for? Maybe NY session, maybe Monday because they all decided to take a long weekend after this tough week... That's ...

The DIBS Method... No Free Lunch continues

What does this tell you guys? Same formation on UCHF, and GU

The DIBS Method... No Free Lunch continues

Yes I look at all timeframes from 1H and above, if you can go back and see my post about the IB trades on the daily I did on Monday based on last Friday's holiday nonmover day. I posted the setup already last Sunday.

The DIBS Method... No Free Lunch continues

Words to cheer us all up: No news in the morning that will hurt us So lets look for a nice Friday so we can party with a good mood this weekend. See ya'll tomorrow

The DIBS Method... No Free Lunch continues