No, in this case you would consider a break to both sides as they both are valid

The DIBS Method... No Free Lunch continues

Good morning all, missed todays action due to personal reasons but I'm glad for the pips made by you guys so keep up the good work! Seems we hit the great support on EU and GU without breaking through we are now rebounding this week. @juicyt: this ...

The DIBS Method... No Free Lunch continues

Yeah I'm waiting for that as well (one smaller problem last week with the EUJ triangle but that worked out fine in the end). I really like the GUC triangle, but will have to wait and see.

Triangular Breakout System

EURUSD reached at 10.36 GMT, nice start to the week.

Triangular Breakout System

Yes another great week with this system. I have a small suggestion regarding money management that I have implemented lately. I'll close 2/3 of my position after half the TP and let the reamining 1/3 run (with the initial SL). 2 things can happen: ...

Weekly Gbpjpy Breakout System

Todays Orders: Triangle 1: EUR-USD-JPY 8.47 GMT opened on EU, still running. Buy @ 1.5438 (including 2 pips spread), TP @ 1.5448. Pending orders: USDJPY, Buystop @ 108.90 (including 2pips spread), TP @ 109.00 EURJPY, Sellstop @ 1.6625, TP @ 1.6615 ...

Triangular Breakout System

They must have different time when the new day begins. If you look at the H1 I think you'll find it more similar. My chart looks like 1 and 3, that middle chart looks way off. This is also the trouble that you get when looking at H4 charts, ...

The DIBS Method... No Free Lunch continues

18,8% in one week is awesome man Look I understand why you took them. Here's why I would like to wait for the breakout: Next big support is probably around 1.9200-1.9150 which still is about 200-250 pips away. So if I give up say 50 pips ...

The DIBS Method... No Free Lunch continues

Sometimes to stay out is a win as well... I'm a bit conservative (from time to time anyway) and didn't want to get into any heavy support, so yes that's why I stayed out. Besides was already in trades and didn't want to play the DIBS so close to ...

The DIBS Method... No Free Lunch continues

EURUSD Longterm — Anyone who likes fibs and pivots? Take a look at these pictures. Today it broke through the first support line at 1.5365 which was a 118% of the last move (H4 chart) and todays s1 point, and now it's heading to next crititcal ...

The DIBS Method... No Free Lunch continues

No pro bro

Triangular Breakout System

Ok I understand. Here's one that I think is good and it has been posted before.

The DIBS Method... No Free Lunch continues

When you have two trades open you count them together so when the total profit for the two trades is somewhere between -10 and +10 you close both of them. Hope it's clear what I mean.

Triangular Breakout System

Are you looking for something that shows when an IB is formed? As the bars are formed only once every hour you'll have plenty of time to see if an IB has formed. So as long as you have the daily open, I think you are good to go and just use your ...

The DIBS Method... No Free Lunch continues

I wouldn't buy anything against the USD at the moment. You can see from the other majors that the USD is hot. That IB should only have been taken to the downside and you would have had a free ride on it, and then you would have been stopped out for ...

The DIBS Method... No Free Lunch continues

Week 1 results — First week of testing has these results Triangle 1: EUR-USD-JPY 4 winners @ 10 pips, 1 loss @ 10 pips (this might have been a BE trade but I'll count it as a loss to make worst possible scenario) Maximum drawdown was minimal ...

Triangular Breakout System

Triangle 1 also reached TP. USDJPY opened with the 0900GMT M30-bar but didnt reach its TP, EURJPY opened with the 0930GMT M30-bar and together with the USDJPY it reached a sum of +10 pips at the 0930GMT M30-bar. Another day with only winners.

Triangular Breakout System

This is what I like most about this strategy: By letting your trades go and managing them you dont have to open a new trade every day. Im still in trades from yesterday and havent been comfortable pulling the trigger today (being friday 13th and all ...

The DIBS Method... No Free Lunch continues

Triangle 2 reached profit. USDCHF entered at 0700 GMT M30-bar and reached at the next M-30 bar. So far triangle 2 has been slightly more "secure". One note though: with GBPCHF I'm using 75 pips difference because it's more volatile. All other pairs ...

Triangular Breakout System

Yes this is why I'll keep demotrading to see the bad days so to speak.

Triangular Breakout System