I use this one: url Not sure if it was updated back then. It has some small issues but works well enough for me.

The DIBS Method... No Free Lunch continues

It hit my trailling stop at @1.40200 after today's rally. As I posted before, it was supposed to be stopped at BE on Friday but I decided to take the risk and keep the position open, hoping for a breach over 1.4000

The DIBS Method... No Free Lunch continues

What a shot on GU! Hope many people are holding longs on it. From my side, I am happy but not satisfied. Happy for the profit but not satisfied by the way it happened. My main objective is not to make profit, but to make it consistently and ...

The DIBS Method... No Free Lunch continues

Spot on. I also don't think there is much (or anything at all) to add to the method mechanics, except for the personal twists to be tested. You are welcome to share your ideas and results. To post here or on a journal? Good question. I ask it to ...

The DIBS Method... No Free Lunch continues

I had the same feeling, especially yesterday. I hoped GU would break 1.4000 (I still think it will) and got frustrated when it stalled. I even broke my own rule and didn't take +50 pips. When it reached my BE at 1.3900, I was outraged and almost ...

The DIBS Method... No Free Lunch continues

Unfortunately not. I'm trying to concentrate on the major pairs at first, but I think the cross pairs a great option to be explored. I did entered on GBPUSD yesterday and it was a great surprise. Trying to control the anxiety while it doesn't break ...

The DIBS Method... No Free Lunch continues

What an outstanding post! It's hard to find something so helpful. Thanks and congratulations. If you say that you were able to be profitable but it costed a lot personally, that's wonderful. Everybody wants to be profitable, but nobody should expect ...

The DIBS Method... No Free Lunch continues

It would be too good to be true, but I heard it is not. If spread betting becomes your biggest (or the only) source of income, it might (or it WILL) be taxed as regular income. Some UK traders could confirm that - unless some UK lawyers may say ...

Which countries are tax free for forex trading?

Ok, got it. Didn't enter long because it was below the daily open, so my indicator showed only the short side. Interesting, I do the same. Less manual work, less orders to manage. Hopefully it does not impact the final results.

The DIBS Method... No Free Lunch continues

Did you go long on EURUSD today or is it an older order? I only saw a sell entry. On the other side, I decided to "escape" my own rules and entered on NZDUSD (a non-major pair) in an alternative account. Quite nice breakout @0.7350, over +40 pips at ...

The DIBS Method... No Free Lunch continues

Nice. I also saw that most of the last week's trends retraced back to their starting points. I could have doubled my account last week but unfortunately I missed all the 100+ pips entries - all due to stupid manual failures (didn't check the broker ...

The DIBS Method... No Free Lunch continues

I took this indicator: url It has some small issues, but it's good enough to draw the IBs

The DIBS Method... No Free Lunch continues

Gold? Nice to know, since I spent my first forex year (2010-2011) basically playing only with gold. When you say that futures work better, is it because the breakouts are stronger? I understand you are talking about futures, but nevertheless I just ...

The DIBS Method... No Free Lunch continues

IMHO this is the only big issue with DIBS and I would say: it depends on the market conditions. Some people might say (and probably said it already) that the market in 2008 was different and DIBS cannot be profitable anymore. While the former might ...

The DIBS Method... No Free Lunch continues

@Chrobaxk: so you took the USDCHF short? Nice, me too :-) Let's see where it will bring us. "Not all IBs are the same", that's right... It's an issue that Peter left very open for interpretation (or closed inside his small private circle of the ...

The DIBS Method... No Free Lunch continues

I think it cannot be stressed enough: success comes when you learn to accept all losses, even multiple ones. After doing some manual backtesting, I realized that DIBS has an edge. Nobody told me, no need to trust anyone - I saw it myself. And any ...

The DIBS Method... No Free Lunch continues

(Update - February 2018) For those who may be interested to know if DIBS still lives... yes, it does! But this current thread has not been updated because the DIBS discussion has been moved to another thread. Here is the specific thread for DIBS, ...

No Free Lunch but all the Free Coffee you can drink

One year after my first trial of DIBS, I just restarted my trades. After 2-3 losses, took this USDJPY trade @ 106.64. It went smoothly up, up, up... decided to close for +100 pips - my first "medium" fish! It took less than 48 hours but boy... it ...

The DIBS Method... No Free Lunch continues

After some days watching (and missing) possible setups, today I caught another DIBS trade on NZDUSD. I don't like to trade news, but... Why did I take the trade? I started to watch the IB formed at 0400 GMT (no, I don't start at 0600 GMT) and the ...

The DIBS Method... No Free Lunch continues

Beautiful DIBS setup on AUDUSD today Why did I take the trade? The market was ranging for many hours and then created a IB quite late. Somehow it seemed clear that the only possible market action would be a breakout (eventually a big one). I ...

The DIBS Method... No Free Lunch continues