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- Ray_1 replied Feb 20, 2009
Past few days I have only been trading DIBS setups which occurs on support and resistances. It seems that this type of DIBS setups are good and most likely to success. Really thanks jarroo for starting a thread on DIBS method and PC for introducing ...
The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 20, 2009
Hi everyone, I looked at the GBPUSD 4 hr pin formed just now. But I do not feel this is a A class trade as it is not at a swing low like what simoncs said. In addition is the location wise good enough, I saw it close above the previous resistance ...
james16 Chart Thread
- Ray_1 replied Feb 20, 2009
Hi I am at pg 184 of this thread. I have downloaded the price actions setup pdf. But i had encountered some price actions setup which is not illustrated in the pdf, like TBH and eight hours pin or two days pin. Can someone explain more in details ...
james16 Chart Thread
- Ray_1 replied Feb 19, 2009
Hi jarroo, Really frustrating to see trades work out when we didn't take them. Today PA and DIBS keep me out of the market while watching everything run up. But I must follow what James16 always said, "ONLY TAKE THE BEST TRADE". Since the trade ...
james16 Chart Thread
- Ray_1 replied Feb 18, 2009
I saw a BUOB in EURUSD H4 chart. According to my rules: 1) It is at a support zone. 2) But there are no space 3) It is at a swing low. So according to my own rules: this is not a good A+ trade and I will not take it. Anyone else have any comments? ...
james16 Chart Thread
- Ray_1 replied Feb 18, 2009
Hi everyone, I uses FXPRO as my charting software. It seems that my chart didn't show a BUOB.
james16 Chart Thread
- Ray_1 replied Feb 18, 2009
Hi Jig, Thanks for the explanation, so I assume that will apply to trading smaller timeframes like those below H4. But on a higher timeframes like daily do we need to do that by chekcing the daily and monthly? Sorry for this newbie question.

james16 Chart Thread
- Ray_1 replied Feb 17, 2009
Hi I am now at pg 44 of this thread. I am also looking at james16 thread too. I am curious that can we combine some of the theories from james16 and help to filter out some of the IBs so we only take those good and high probability IB. Just a ...
The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 16, 2009
It seems that a second IB has formed on the EURJPY. I moved my pending order to the second IB. If I am not wrong this is what Peter Crowns stated in his method. Pls correct me if I am wrong. New PO: Short EJ at 116.84, stop loss at 117.22.
The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 16, 2009
Demo testing the pair on Asian session — Today I used the tokyo open as my open price and try to demo trade this strategy on Tokyo session. Spotted a potential short setup in EURJPY. PO: short EY at 116.45, stop loss at 117.06. Risk: 61pips.
The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 16, 2009
Wow Dale congrats on your good trade. USDJPY is not a pair I trade. Maybe it is time to look at it.

The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 16, 2009
Hi CandlePower and those veteran traders here, I am not sure about the second criteria space. What do you mean by having space? Pls advise.

james16 Chart Thread
- Ray_1 replied Feb 16, 2009
Ok, I move my stop loss to lock in 10 pips profits, since guppy is a wild pair it is capable of doing anything. So I better lock in some available green pips when I see it. In addition I am a timid trader.

The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 16, 2009
My first trade using DIBS method: An IB occurred in GY chart. So I placed a pending order above the top of the IB and I was triggered in. Now let see what will it do.

The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 16, 2009
Hi every veterans traders in this thread, I am new to this thread and just start4ed reading over the weekend. I had found that this thread and James16 price actions threads are the best. I am now working hard on reading every posts and hope that I ...
The DIBS Method... No Free Lunch continues
- Ray_1 replied Feb 15, 2009
Hi I am only at pg 145 of this thread, still has alot to catch up. I saw this pinbar in the daily on the GU, I am not sure is this a good pinbar and is this considered an A class trade or it is a bad trade.

james16 Chart Thread
- Ray_1 replied Feb 3, 2009
Hi wakli, For trading IB, do you wait for price to break the second bar or wait for price to break the first bar. In addition do you look at the colour of the bar, like green to go long and red to go short?
Malaysia
- Ray_1 replied Feb 2, 2009
Hi wakli bro, Sorry that I am a slow learner. After seeing your posts I still do not understand about the sunday bar strategy. Can explain in more details? Sorry for the trouble caused.

Malaysia
- Ray_1 replied Jan 31, 2009
Another newbie question — I spotted another pinbar on the GY monthly chart. I feel it is a good trade to go long as price get supported at the previous support zones. Like to hear comments from Jim and other exp traders in this thread.
james16 Chart Thread
- Ray_1 replied Jan 31, 2009
A newbie question — I like to know is that a pinbar setup on the EURUSD weekly chart, the pin bar closes within the eye of the left bar? In addition I feel this is a good setup as the general trend is down and the pin bar seems to be good for ...
james16 Chart Thread