Yes finally! — Just back and have cathed up on the thread... phew! Ok guys, I think its time to celebrate! Now we can start improving by just following the simple rules. Rock on DIBS'ers! How we doing with todays trades (on the majors ...

The DIBS Method... No Free Lunch continues

Yeah, well that means that ~10% reached 10:1 which isnt bad at all...

No Free Lunch but all the Free Coffee you can drink

Great job! A question though: Does the "1:2" column show how many trades of the "1:1" that reached 1:2, and "1:3" show how many trades of those that reached 1:2 eventually reched 1:3 and so on?

No Free Lunch but all the Free Coffee you can drink

It's obvious that it works for PC because he knows how to use it, which setups are better than others and so on. But then again, thats the good thing about any strategy, if you understand your strategy inside and out and it's a solid winner than you ...

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Nice setup, and its just below the daily pivotpoint - nice! My chart shows that bar ends 4 pips lower below the previous bar so no trade here...

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I have found my daily open by comparing my charts to PC's charts, look here url

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For me every trade is an independant event, that means that next trade's outcome will never depend on any of the trades that has already happend. This means that statistically the probability to have 10, 100 or 1000+ losses in a row (or wins for ...

No Free Lunch but all the Free Coffee you can drink

Hot hand — I was thinking about trading the hot hand and have made this observation about todays majors against the USD: GBP is the only pair that it's still stronger than the USD when looking at the daily open price. The weakest is obviously ...

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We are not supposed to "avoide losing trades". It's part of the trading game. Remember guys: small losses - big wins ::: small risk trades - high reward trades. Read and demo trade. Trading to me always involves discretion. But its all about how you ...

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Might I suggest that you read Peter's posts,they are not so many and really explains "the issues/important points/principles behind this method". And read them more than once. They are really excellent and the y explain a lot of Peter's thinking.

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If you doubleclick on the order in the terminal a box pops up. Change the "Type" (red circle) to "Market Execution". If you have opened 1 minilot in the you would see "0.10" in "Volume" (Green circle). Write in the box "0.05" and press the yellow ...

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I am doing ok so far. But if you read PC's posts you see that once you can understand the market a bit better and find those IB's that has bigger probability then you'll start to see the difference I think. And as he says, as long as you keep your ...

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All of a sudden, oil (and gold) drops heavy and takes USD up with it. Can someone explain this sudden move, any news?

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If i may answer: The first trade short is based on the open at 0000GMT (because it's a JPY pair) and the long trade is based on the 0500GMT open price. Jarroo has said that he is looking at 0000-0500 for the JPY-pairs and then go to the 0500 open

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if you look at the H4 chart you can see that it's a heave support/resistance area

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Iam not any DIBS expert, but I think it looks good. I will say what I have learned: you have to find your own moneymanagement as we are all different so if this fits you then go with it. For me I'll keep some part of this trade in a free ride and ...

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Have you read the thread? We are already there

The DIBS Method... No Free Lunch continues

It's one of the reasons to why I dont take big IB's, risk:reward ratio is not as good. But the IB range for my comfort is different with different pairs, it all depends the average daily range for me. And yes the cost for 2 minilots is obviously ...

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Free ride in UCHF now, nice start to the day , a lot of support here though along with the 61,8% fibof yesterdays move. Pending UJ removed since it broke to the upside, and Im only intersted in shorts there

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It's not 5pips per lot, it's 5 pips per trade. The position size doesn't matter. Or maybe I'm not understanding what you are saying here.

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