First of all look at where price is at the moment. Price went below 1.5000 but stopped and is now reversing giving the overnight range shown between the two solid yellow lines on M15 chart. That is a great range since the resistance of the range is ...

Breakout Confirmation? ideas

I wanted to say the same things as Rosscub and harold4x, but you guys beat me to it.

Look for just two trades per year

Well you are not alone - and I'm not going to rehab

The DIBS Method... No Free Lunch continues

I realise that I made a mistake by closing all of my positions, and I should definetly have left 1 or 2 left on each pair away from current market price above/below last s/r area in case of a breakout and then moved stoploss to above/below current ...

The DIBS Method... No Free Lunch continues

If I trade of the H1 timeframe, I will not look at the W1 for trend direction, that wouldn't make any sense imo. The reason I look at the highest timeframes is because they give me good s/r areas (in form of s/r levels, fibs, trendlines and pivot ...

The DIBS Method... No Free Lunch continues

I'm out for this weeks folks. I have just closed all my accumulated positions from the last 2 weeks on the 4 majors for some juicy profits See ya'll next week!

The DIBS Method... No Free Lunch continues

For me it depends on how much it breeches the sl. A few pips and it's still valid, more than that and I'd say that it depends on the pair (how volatile it is), and what my overall view of the pair is.

The DIBS Method... No Free Lunch continues

At least you have the sell to show for

The DIBS Method... No Free Lunch continues

I missed it on the DIBS entry, but I have taken it on the overnight range breakout and still riding it. I have a few positions stacked from the past two weeks on all the majors, and because of the huge drop from yesterday I'm in a lot of green, ...

The DIBS Method... No Free Lunch continues

This is what I think he means: EURUSD had an IB on the 0900GMT-bar. At the time it had reached a free ride, price had about 150 pips left to go to the support around 1.5000. I realise he wrote resistance, and in that case he was talking about the ...

The DIBS Method... No Free Lunch continues

I wouldn't be picking any bottoms for now - it's totally crazy out there. i would wait for retracement to go with trend. I'm happy to be in longterm dollarlongs though. But both EU and GU has moved 220 pips today, and there doesn't seem to be an ...

No Brainer Trades

Just gave it a quick look (don't trade this pair) and here's what I see: Blue 50% fib area around 101.65-101.80, and then 101.30

No Brainer Trades

That's what we should do, it makes trading so much easier!

The DIBS Method... No Free Lunch continues

Well I think higher timeframes is always important. For every pair I have analysis for M15, H1, H4, D1, and W1. This is my W1 chart. I'm with you Oedipus, and there's also a trendline in that area you mentioned, as well as being a s/r area and the ...

The DIBS Method... No Free Lunch continues

That's great! It's all about practising and dealing with the emotions of seeing the profits go up and down (but mostly up).

The DIBS Method... No Free Lunch continues

Yes very much! What do you mean??

The DIBS Method... No Free Lunch continues

Good trade this one, "easy" enough to get to the free trade, I missed it and it should be good. Hold on to the free trade if it brakes 110.00

The DIBS Method... No Free Lunch continues

Is there anything stopping the USD at the moment? I'm glad I took away the pending trades I had at 1.5300 before going to bed last night. Trying to pick new bottoms but will not be entering trades here either as this trend is toooo strong - look at ...

No Brainer Trades

I identify target points based on s/r levels, trendlines, fibs, pivots and ADR and look for confluence of these. Recently I've started to close a part of the free position (more than half of it) at these target points if I started to see that price ...

The DIBS Method... No Free Lunch continues

Good morning all! Also added more trades based on yesterday's brakes of supports. There's nothing like going to bed and waking up to see that you've made money in your sleep... Just let them ride folks. Thank you PC for opening up our eyes!

The DIBS Method... No Free Lunch continues