Trump Card — Trumpcard, I have been toying this idea with oanda. Putting a long order (or short order) to execute with half your position size. In oanda you can same currency hedge in the one account, so this will close half the position in ...

The DIBS Method... No Free Lunch continues

Forex007 — We can go into hours of debate on this. The thing is S/R levels are important, we all know that. One should watch out for them in trading in ANYTHING. I was also a card carrying memeber of J16, however I do see there is benefit so ...

The DIBS Method... No Free Lunch continues

To be honest — I still dont see the benefit of this "daily open" except, it gets you to CHOSE a dirction and stick to it. I am tempted to try sneak a seat next to our bank traders and see what they say about it . Dont get me wrong, I like this ...

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Forex007 — I have been a member of that site for sometime... Nials trading place. Quite good except I stopped going there a long time ago.

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shorted GU — I trusted everyone shorted GU based on DIBS rules? Already at free trade now.

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oh yeah — Yeah that one, already closed that one umm two days ago,...

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perhaps — Perhaps I should have just left EURUSD , oh well , learn to trade another day... one day at a time. Is it just me or are Dojis failing at a spectacular rate nowdays? before you used to nearly rely on a doji dropping price now, now ...

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Closed both positions — I dont like price action at the moment in both my GU and EURUSD positions. I closed my EU for +17 and I closed my GU for -5 (after already taking half off so net win result) Things are rather sidewards at the moment.

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Dale — WHY did you take that trade? Where was the IB?

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Eh? — How did you get stopped out? The most drawdown I got on both positions was -9 pips. Have you read the posts right and understand the rules?

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BE trades — Halved positions in GBPUSD and EURUSD, free trades.

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rtwo DIBS — Anybody in the GBPUSD and EURUSD dibs?

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hope you out — Dale, I hope you out that USDJPY, I closed mine at 92.53...

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correct — Well 92.00 was NOT exactly a nice pleasant area of support and resistance. I am not taking a chance on that level, as the trade was within spread of actually hitting the correct halving point, I moved it closer then halved it and let ...

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Was a bit hasty — Took half off at 92.00 mark and moved stops to PRICE-36 pips (PIPS - spread), now in free trade on that trade. Lets see how it runs, if it does.

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I pick C — Give up, and give your account to other people Actually, Keep going since I am in that trade too. Watching 92.00 like a hawk as its major resistance but by that time we looking at free trade. PS, thanks for telling me Friday to ...

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I call DIBS — Is there a trading room for this method and if so how do you access it?

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Filter it out? to not take it? Wouldnt you take it? Its below the daily open(well if I read that chart right I dont know what the time is on broker) but lets presume the entry permits a short as its below the london GMT open. I would take it but I ...

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dale — what trade are you talking about ? I think i am missing something. EDIT: Strange, the picture just appeared.

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Yes very valid — and that is a very valid point, because the most the money of the euro session is moved between the majors. I will not disagree with trading the pair for the session.

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