- Search Energy EXCH
-
NowAndLater replied Aug 21, 2008UJ add-on on another major support break. The IB came again on the s/r level, 108.61, and price action was very similar to the IB at the daily open, only difference was that the IB was a bigger one - now 24+2+3 = 29 pips. This s/r level is the high ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 21, 2008As good as a DIBS trade will ever be — This is for me when DIBS works best: when price is testing a s/r level and you get an IB just off the daily open and it's off the s/r level. Looking at the H4 chart you can see how this level has been ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 21, 2008This is from a PM exchange I had with PC and he wrote this: THE SECRET:Only hold on to winners. Corollary to THE SECRET: Know what a winner looks like. Find a way to do that and your trading life gets easier. The best methods ever discovered-- lose ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 20, 2008I like Alpari, but I think you can use which ever if you are just interested in the demo account to run the indicators, and not open a live account.
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 20, 2008Here it is: url Anything uploaded to a thread can be found when clicking on the paperclip in the top right hand corner of every thread
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 18, 2008It's possible that you have put in the wrong starting time. Anyway this doesn't really matter as you don't need any of that to trade DIBS. Just use your eyes and you'll be fine.
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 18, 2008I think it's a bit sad when people take it as an insult when they don't get the answer they thought they "deserved". I for one will not be answering more questions with lines like "no free lunch" because that obviously hurts, and I don't want to ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 17, 2008Yes this is also what I believe PC means.
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 17, 2008It's all about how you apply your discretion, and that discretion might make you a winner with DIBS even in ranging markets, so I don't agree. For me DIBS is a breakout system. Breakout means that we are not really in a range. So I would wait for ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 17, 2008I'm no one that you should consider listening to and in the future I will not answer your questions since I'm might be offending you with no intention of doing so. And since I obviously have offended you since you didn't understand what I was ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 17, 2008This has already been addressed by PeterCrowns himself in this post: url Again make sure you've read his posts over and over and over again. If you can't see it in his post above (although it's very obvious) the answer is the IB range is the only ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 17, 2008Hey mate I really think you should tone it down. No direspect at all to you or to anybody else, but I think that we should keep all of this stuff away from this forum, it just doesn't belong here. This is not just pointed to you but to everyone who ...
No Brainer Trades
-
NowAndLater replied Aug 17, 2008The entry is discretionary as well — Here's my take on this: PC's posts suggets to me that he doesn't take every IB, and it can be seen in many of his posts. So you are imo wrong in this statement: "Going through the rules of the system the ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 14, 2008I understand exactly what you mean and your point is a valid one. And it's probably why the fail % is so high...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 14, 2008I don't think Forex007 is trying to alter the system, I think he is discussing MM and that is something that wasn't really discussed by PC, other than getting to the free trade and let it run, and the question here as I understand it is how to ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 14, 2008This is about managing the free trade part I take it and how to add to it. I think you could try this and see if it fits your style. Personally I think trying different MM is good because there are many ways to do this and all we want is to make ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 14, 2008That sounds great mate and I'm glad to help out! Yes just keep it simple - thats one of PC's best advices (one of sooo many). And no I'm not trading the H8 IB's. If it can be taken to both sides? Well I think that you should demo this for a month ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 14, 2008My risk is always 1%. I like to scale out and get a BE trade as soon as possible, and I only take trades with small stoploss size (no more than 20-25). If I risk 15 pips, then I close half position at 15 pips and leave the rest at initial sl and ...
Best Money management?
-
NowAndLater replied Aug 14, 2008Just one question: The IB range is 61 pips, add spread and 2 pips for the breakout and sl and you'll get 66 pips sl (3 pips spread), and it's against a huge downtrend. Would you say that this IB has a high probability? I'm not saying that this might ...
The DIBS Method... No Free Lunch continues
-
NowAndLater replied Aug 14, 2008Again back to PC: "Trade whatever is moving". So don't look to trade EU, or UCHF either for that matter (as they are inversly correlated), until we have broken out from this range, that is the safest play imo. Ideally I would look for an IB right at ...
The DIBS Method... No Free Lunch continues