Hi, I've attached a chart. Look at the IB (red marked). Let's say I've placed a stop sell order below the IB. But the price goes up. Do you remove the pending order immediately or do you just let it in? Regards - Xaron P.S.: I know this wasn't a ...

The DIBS Method... No Free Lunch continues

I have still one question: How long do you let your pending orders alive? Do you remove your pending orders when the other side of the IB has been broken? Regards - Xaron

The DIBS Method... No Free Lunch continues

The size doesn't matter. I use always a risk of 1% per trade, no matter how big the inside bar is... Regards - Xaron

The DIBS Method... No Free Lunch continues

V3.33 is the latest (that's what I use). This month is just great so far. Currently I'm up 37%! That's unbelievable... Regards - Xaron

Martingale Baggio Method

Yes, I dropped it. But for the GJ the settings were slightly different - larger spacing. You can find my settings somewhere in the thread. Currently I use only GBP/USD and USD/JPY (which creates sometimes something like a synthetic GBP/JPY). This ...

Martingale Baggio Method

Just to add: The fundamentals haven't changed yet. At these prices the EUR/USD is a very good buying opportunity (as well as the AUD/USD)! Why? Trichet is a guy who cares about inflation, all FED guys don't. There will be a lot of "surprises" ...

EURUSD

Kess, I think this was more an intervention in more or less thin markets (friday and many traders might have vacation already). Regards - Xaron

EURUSD

This won't happen, the recession hasn't even started yet, nor in the US neither in the euro zone... You'll see. Regards - Xaron

EURUSD

Not only that, take a look at Consumer Credit yesterday... Wow... The people are just borrowing more money. Consumer credit rose by $14.3 billion, the most since November, to $2.59 trillion!

EURUSD

Actually the worst for the US economy hasn't happened yet. This is a overreaction now as rate cuts for the EUR are expected as well as rate hikes(!) for the US$. The deficits are growing and growing... I think we'll see 90.00 for the USD/JPY and ...

EURUSD

Here's the explanation from the source: uniqueGridMagic = 11111; // Magic number of the trades. must be unique to identify Lots = 0.1; // GridSize = 6; // pips between orders - grid or mesh size GridSteps = 10; // total number of orders to place ...

Grid Ea

Be careful today, might become very choppy! I stay out for today... Regards - Xaron

The DIBS Method... No Free Lunch continues

That's a popular fallacy in my opinion. Charts only show the past and are good for things like breakouts - prediction support/resistance areas where lot of stop orders are located. But they don't tell you the direction a currency will take. The most ...

The DIBS Method... No Free Lunch continues

That was me. In the short term anything is possible, but in the long run (not sooo important for this method)... There must be some kind of intervention today as of yesterday it's almost clear that the FED won't hike the rate this year... Edit: ...

The DIBS Method... No Free Lunch continues

Of course they "add" the spread in that case. You see only the BID prices in the chart but the stop loss for a sell order is of course executed using the ASK price... Regards - Xaron

The DIBS Method... No Free Lunch continues

I wonder why you were stopped out on the second GBP/USD short? I'm still in. The high of the IB wasn't reached yet... My GBP/USD-Trades: image But anyway, losses are part of that game. Just trade small enough to survive, let's say, 20-30 losses ...

The DIBS Method... No Free Lunch continues

I've made very good experiences with Alpari UK...

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Ah thanks... I have thought about that IB's must have a lower high and a higher low than the previous candle but for DIBS it may be equal. Regards - Xaron

The DIBS Method... No Free Lunch continues

Which do you mean? There is none, at least not at Oanda and Alpari UK...

The DIBS Method... No Free Lunch continues