Will add one thing: I'M STILL A NEWBIE! 6 month ago I didn't know anything about trading or economy but I'm blessed to have found it and my passion for it is enormous as I learn every day. But I ask that you take what I write with a pinch of salt. ...

The DIBS Method... No Free Lunch continues

It just is lol... Google interest rate and the value of a currency.

The DIBS Method... No Free Lunch continues

I used the first IB-bar with high of 107.32 and low of 107.18 and entered at 107.36 (buystop, high +1 for breakout and the spread of 3 is included) with stop at 107.17 (1 pip below IB). I closed 2/3 of the trade at 107.46 for the free ride. I choose ...

The DIBS Method... No Free Lunch continues

Yes before starting the DIBS I had problems with the cable as well, but not any more Fast moves today, EU and UCHF has already moved around their daily average ranges. EU low at round number and daliy s2. UCHF highs almost at yesterdays highs and ...

The DIBS Method... No Free Lunch continues

Im in the UK so I'm lucky GU and UJ are my trades today and they look good. But the movers are no doubt EUR and CHF.

The DIBS Method... No Free Lunch continues

EU and UCHF flying but didnt have any IB's on mine charts, anyone got any of that action?

The DIBS Method... No Free Lunch continues

GBP-USD-CHF-triangle reached 10 pips profit with the 0630GMT M30-bar EUR-USD-JPY-triangle entries including spread: EU: Buy 1.5562 (2 spread) UJ: Buy 107.60 (3) EJ: Sell 165.56

Triangular Breakout System

UJ was also set free

The DIBS Method... No Free Lunch continues

Good morning fellas — Nice setup on Cable as you have mentioned and it's already in free ride, very nice start of the day. UJ is a go as well, USD rebounding from yesterdays retracment.

The DIBS Method... No Free Lunch continues

Yes I have an EA that does that, but wanted to show that even in a loss we could do -10 pips which is equal to our win. This way if we have more than 90% success-rate (which seems to be the case so far) it's still ok with a small loss.

Triangular Breakout System

Thanks MPP! You close 2/3 at 1:1 as that will also lock in profit. I'm looking to close 2/3 at half the risked pips, locking in no pips but reaching the free ride after being in profit only half of what we risk. So for example if we risk 20 pips, ...

The DIBS Method... No Free Lunch continues

Is your first TP equal in size to your original stop? I meant that you close 2/3 after a profit that is equal to half of the stoploss, this gives you a free ride and no profit locked. If you close 2/3 at 1:1 then you lock in a profit as well. My ...

The DIBS Method... No Free Lunch continues

Other triangle opened a trade on EJ at 1400 GMT M30-bar but didnt reach profit and just a few minutes later EURUSD opened and both trades could be closed out for a -10 pips loss, which is ok since this was the first loss. Still in demo and I like ...

Triangular Breakout System

All 3 IB's are now in a free ride actually. USDCHF also broke through, only one to break now is EURUSD. Target for the UJ as I see it is somewhere 106.75-106.55 which is daily M2/62% fib of yesterdays range and s1 and which were part of the early ...

The DIBS Method... No Free Lunch continues

No trades for me today, tight ranges all over the place with no real robust breakouts on the majors. The only mover has been the cable but no real DIBS setups for me there. Today seems like a retracement day after the big move yesterday so I'm out ...

The DIBS Method... No Free Lunch continues

GBP-USD-CHF triangle hit TP today as well with the GBPUSD 1130 GMT M30-bar. No trade so far in the other triangle.

Triangular Breakout System

Should be free trade now

The DIBS Method... No Free Lunch continues

To me it's valid enough if it's at the same lows. It was a breakout of the small range in the morning followed by a retracement in form of the IB or in Oksana's case TMLTB (TwoMatchingLowsTrendBreakout, look at James16 thread for more info), so I ...

The DIBS Method... No Free Lunch continues

Sorry but can't seem to find what the rules are for the daily trades, can you please share? On the weekly trades I've had all winners since starting with this, and it seems like a great system for the geppy, and I will continue with it, after all ...

Weekly Gbpjpy Breakout System

I put them +/- 1 pip above/below the IB on the majors. On the GBPJPY I would use more because it's a cross and more volatile (I don't play it myself though, only majors) - maybe 3-4 pips or something like that.

The DIBS Method... No Free Lunch continues