I'm on the sidelines today, will wait till UK interest rate tomorrow

The DIBS Method... No Free Lunch continues

Tomorrow the interest rate decision from UK comes, after that we shall have a move (we must or I'm calling someone in a big bank to move this thing because I'm tires of this, ok I don't know one there but something must be done!). On GU we are in ...

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Thats what I thought too but wanted a confirmation, I'll start cracking on some code

The DIBS Method... No Free Lunch continues

Price moved all the way up to the upper side of the triangle and is now consolidating around the daily pivot point. We have the same pattern on EU. And both EU and GU had an IB on the daily yesterday, and todays move so far is within yesterdays ...

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GU triangle with IB — We have an IB on GU, and there's a triangle as well. USD strong this morning across the majors but is now in retracement. If we get a continuation it might break the IB down and at the same time break the triangle for a ...

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I would like to make a mq4 out of that one, just two question: 1) Could you explain this in detail: Close-LLV(Low,STPeriods) 2) What does the Periods represent? Otherwise I understand the concept (I think)

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I look for confluence of things as you can read in my earlier post on the UJ trade. Generally we want to have a free trade that runs, so we dont really look for a place to take profits on a daily basis, but on choppy markets like these days you have ...

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i'm staying out of this, but EU just broke IB while Bernake is speaking... might be good, but it's outside my comfort zone

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At times like these, higher timeframes might be a better suggestion. Have a look at the H4, or even the daily (look at a trade I posted yesterday on UJ and UC, or maybe look at the H8 as I posted earlier today). And riding any trades these days is a ...

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Yes thats how I see it. Nicely put mate

The DIBS Method... No Free Lunch continues

I suggest you read the first post, it has all the rules. After that I suggest you read PeterCrowns posts because this is his system. There you'll get all the answers. The reason I wrote "its up to you's" is because you were looking to change the ...

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This is how I see it: 0500GMT was an IB. The break of that candle happened on the next candle and you had your free trade. The yellow arrow shows the next IB, but this is above the dailyopen and no sell. Price comes down and breaks the 0500GMT to ...

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This is up to you. Check the original thread. There's a backtest.

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Which two trades were those? I see only one

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This is the only thing that will ever be constant in trading. To me MM and psychology accounts for perhaps 80-90% of any system imo. GL with your system.

Probability Trading

H8 IB's — This may belong in it's own thread but it's related to this method and very much based on DIBS so I'll post it here. If this deviates too much, I'll remove the post (let me know if you want me to remove it). Here's another way to use ...

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Nice solid break on GU and GBP is the weakest of the majors now so this is the only currency to sell against the USD at the moment imo. It broke and never looked back, that's what we like to see!

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UC was taken out but UJ is still alive. Heads up for tomorrow: Based on todays move I would buy EUR and CHF against the USD if there's a USD selloff tomorrow, where the EUR looks slighlty stronger. If the USD is strong I would be looking to buy it ...

The DIBS Method... No Free Lunch continues

url Sharp drop now, sometimes you want them to be just quiet, let's see if the free trades get hurt by this, not far from it...

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Generally I would say yes, but you might want to call it WIBS

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