Thanks everybody for the replies. It's fine, I'm not feeling thaaaat lonely LOL Same feeling here: don't want to let the thread die, but there is nothing useful/significant to say... well, maybe there is, just not sure if it was mentioned in the ...

The DIBS Method... No Free Lunch continues

Thing are so quiet here I found a post from 2016 which seems very interesting. It has some backtesting results. There is one thing that I would like to point out in that quoted post: it's expected that some ...

The DIBS Method... No Free Lunch continues

No, they are not. It just shows that your strategy/method has some flaws. Most probably the flaws are built within the very rules you created. Example: when I started trading back in 2010, I was crazy enough to use a pure Martingale system. At some ...

Automation and backtesting

Eliminating emotions from trading - you have to learn to lose and to win: video

The DIBS Method... No Free Lunch continues

It's quite hard to trade UJ at the moment. Ridiculously small daily ranges (33 pips yesterday, 40 pips today). It's a miracle that I was still able to get any profit at all this month. I'm ashamed to confess that I "faked" an IB yesterday at ...

The DIBS Method... No Free Lunch continues

The UJ trade above was stopped. It broke the weekly resistance very shortly and then retraced back. That must be the time when people say that DIBS doesn't work... Of course! Any breakout method will bring lots of losses if the market stays caged ...

The DIBS Method... No Free Lunch continues

Well, got stopped few hours later. The big trouble is to control the expectations/anxiety after so many failed tries. Now it's UJ turn, which is trading in a very narrow range (90 pips) for over a week. Had a nice breakout today.

The DIBS Method... No Free Lunch continues

Did anyone catch that?

The DIBS Method... No Free Lunch continues

There is another valid double inside bar on the Dow Jones right now. Back to Forex: there are active DIBS trades on all four majors at the moment, all of them are long USD. Interesting. P.S.: no, I don't trade the "hot hand" only. I still struggle ...

The DIBS Method... No Free Lunch continues

It was beautiful. Pity that it hit a wall and bounced back. I made a mistake on EU: didn't put a short position on @1.2285 because I *thought* the inside bar was "too big" in comparison with the previous bar. Who would come up with such a stupid ...

The DIBS Method... No Free Lunch continues

Even though it's holiday on many markets, it's still possible that monthly trends may start today. So there is no time to rest. Two entries were triggered on GU. The first one was a long @1.4067 - a loss. The second one was a short @1.4039 - still ...

The DIBS Method... No Free Lunch continues

I'm so sorry, couldn't resist: stopped UJ @107.80 after it reached 107.95. It went up too fast (IMHO). Some folks are talking stuff about 10-yr notes and S&P500, which usually follow the UJ movements - if they are right, stocks must recover and ...

The DIBS Method... No Free Lunch continues

I was "born" as a counter trader, so it's still difficult for me to buy tops/sell bottoms, even though I consider m3rlin's last post (at the beginning of the page) quite interesting and worth a try. I know I might be wrong and could be missing ...

The DIBS Method... No Free Lunch continues

Are you trading on H1 or H4? And do you close the entire order instead of closing half of it at 1:1, as per the original DIBS rules?

The DIBS Method... No Free Lunch continues

Yes, tough. I even ignore DIBS signals if it moves further than 40 pips from the daily open. It happened to EU yesterday, it would have been stopped today anyway. GU didn't give any signal in the last 3 days. Sometimes it's annoying to watch big ...

The DIBS Method... No Free Lunch continues

check page 1, there is an indicator there

The DIBS Method... No Free Lunch continues

Pity, woke up too late for that... Even though I *believe* UJ will start an uptrend in the next days/weeks, I would absolutely have gone short tomorrow morning. We cannot be sure of what the market will do. Maybe I absorbed too much from Taleb ...

The DIBS Method... No Free Lunch continues

Hopefully that long signal will appear, I hate when a strong breakout happens without that. Not sure if the so called seasonality is just legend or a real fact, but it seems that March usually brings strength to JPY. It would be perfect to catch and ...

The DIBS Method... No Free Lunch continues

It seems to be the case for UJ because it's holiday in Japan... but we have that G20 stuff, we never know... maybe some authorities decide to run amok on Twitter LOL GU: got stopped on BE; UJ: still running but very close to a loss; NZD: short from ...

The DIBS Method... No Free Lunch continues

Yes, yesterday GU fell only enough to stop me. But today it looks like it's falling harder. Didn't take any signals yesterday because was sleeping at the time LOL. Today I caught long UJ and short GU, though. Left a pending order for a short USDCAD ...

The DIBS Method... No Free Lunch continues