4 hour dibs — I agree Z. My chart shows a Dibs on the 4 hour close at 12:00 GMT yesterday. Didn't take it as I didn't spot it at the time (need to open my eyes more). Was a valid short to PC guidelines though as trade open was below the weekly ...

The DIBS Method... No Free Lunch continues

USD CAD — Dibs on USD CAD at 12:00 GMT. Has had resistance off weekly and 76% fib retrace on daily. Next support short around 11450. What do you think?

The DIBS Method... No Free Lunch continues

Thank you supremeChaos. I agree that I need to improve my pick of trades with momentum. My main issue that I am working on at the moment is to avoid fiddling with a trade once it is open. Essentially it boils down to me making a plan before ...

james16 Chart Thread

Thanks Ghous. If I count my BE trades over the last 4 weeks 80% of my trades have been winners. I just need to keep faith with my trade once it is open and give it room to breathe. I am definitely making progress and the support of you guys is a ...

james16 Chart Thread

Cable DIB's — Dibs on Cable at 10:00 GMT but heading into support and round number. Quite a bit of support on daily as well. Could be nice if it broke though. What do you think?

The DIBS Method... No Free Lunch continues

Stress free trading — I keep screen shots of all my trades and I checked back at the ones that I 'fiddled' with over the last 4 weeks. Of the 6 trades that I have been stopped out at BE over the last 4 weeks, all went onto hit my original TP ...

james16 Chart Thread

Stress free trading — Well that is inspiration Marco I aim to get to your position but am still fighting my need to 'fiddle' with my trades once they are open. I have lost count of the number of times I have said to myself at the ...

james16 Chart Thread

That was a nice trade Razor. I missed that one and seemed to have my eyes closed today as I missed a couple of other opportunities as well. Will come back rested in the morning for another go. Matt

Razors Journal - Basic trading with PA at S/R

Up & down days — Reviewing the start of the thread again it is clear that the start of the session is 06:00 GMT and we look for IB's from this point, but I am interpreting an up-day as when the IB is above the 06:00 GMT open price and a ...

The DIBS Method... No Free Lunch continues

This makes a lot of sense. Thank you Razor.

The DIBS Method... No Free Lunch continues

Thanks for the charts Z. I did not take the USD JPY trade as I was concerned that it was opening into too much congestion. I missed that 11:00 GMT Cable IB all together. Must keep my eyes fresher and sharper. I agree with you on the R:R ratio. This ...

The DIBS Method... No Free Lunch continues

Thank you smikester. I will go through from the beginning again.

The DIBS Method... No Free Lunch continues

USD JPY — I had an IB for a potential short on USD JPY at 11:00 GMT. Would this have been considered invalid once price has broken has broken the high of the IB? Appreciate your comments. Matt

The DIBS Method... No Free Lunch continues

Thanks again - great advice

james16 Chart Thread

Thank you SupremeChaos - that certainly helps. I am trying to train my eyes to spot these important zones and making some progress. I very much appreciate your response. Best regards Matt

james16 Chart Thread

USD JPY 4 hour — For me personally there is a lot of traffic that this pin order would open into. Lots of previous highs and lows.

james16 Chart Thread

Pivot point zones — Hi, When looking for pivot point zones is it better to be looking at previous highs and lows (clear on a bar chart) or previous close levels (clearer on a candle chart)? Is one level likely to be stronger than the other? ...

james16 Chart Thread

I have not seen that before and was a bit stunned that I could read it as fast as normal text. Probably just confirms how shocking my spelling really is

james16 Chart Thread

USD CAD — Hi, Confluence on USD CAD daily for short ? My reasoning; - Top end of channel. - 38% & 61% fib levels. - Pin bar. What do you think? Appreciate your views. Best regards Matt

james16 Chart Thread

I can empathise as I have been there too. For me the only way for me to break the cycle is to switch off and go and do something else for the day. It is tough to do though as my natural instinct to try to get back the loss but I am learning that my ...

james16 Chart Thread