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The DIBS Method... No Free Lunch continues

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  • Post #8,741
  • Quote
  • Sep 25, 2009 2:07am Sep 25, 2009 2:07am
  •  sphinx
  • | Joined Dec 2007 | Status: Member | 168 Posts
Quoting fxdummie
Disliked
Sphinx,
how do you activate TradeHedge indi - doesn't seem to be working - can't be attached to a chart
Ignored
Dear fxdummie,

Tradehedge is script, put it in experts/script folder, restart your platform and make SURE you mark ''allow live trading'' when you launch it.

when it has opened 14 orders be sure you make profit column assending (+ on top)

more you can read here http://www.forexfactory.com/showthread.php?t=107119
 
 
  • Post #8,742
  • Quote
  • Sep 25, 2009 2:30am Sep 25, 2009 2:30am
  •  fxdummie
  • | Joined May 2008 | Status: Member | 38 Posts
Sphinx,
thanks - I will read the thread you posted!

Do you know which of the DIBS indi is for 15m charts - the one I have works only on 1h as per PC rules?
Plan The Trade - Trade The Plan
 
 
  • Post #8,743
  • Quote
  • Sep 25, 2009 6:25am Sep 25, 2009 6:25am
  •  sphinx
  • | Joined Dec 2007 | Status: Member | 168 Posts
try this, make sure in options there is true on '' work on all timeframes''

p.s. you don't have to read thread, because this strategy don't work anymore. what i do is look for strong and weak pairs. if g/u is stronger than e/u and u/j i trade g/u, in this case i also watch which is weaker (e/u or u/j) and trade it other direction. most of the time u/j is opposite g/u and e/u but NOT always
Attached File(s)
File Type: mq4 DIBS TriggerLines v1.2a (AAD Mods).mq4   13 KB | 2,330 downloads
 
 
  • Post #8,744
  • Quote
  • Sep 25, 2009 6:34am Sep 25, 2009 6:34am
  •  sphinx
  • | Joined Dec 2007 | Status: Member | 168 Posts
take a look at the picture all 3 trade was successfull for me. had today 5 trades 3 wins(all on u/j) 2 loss(1 g/u and 1 e/u). all i need is one profitable trade for a day. AND I DON'T TRADE ANYMORE. i love days when first trade in the orning has been positive
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  • Post #8,745
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  • Sep 25, 2009 7:51am Sep 25, 2009 7:51am
  •  foredog
  • | Joined Jun 2008 | Status: Member | 61 Posts
Does anyone have any data on their trades in EURUSD in recent months, as this on (to me anyway) doesn't really seem to breakout nicely.

I think over the last 6 weeks it has only produced 95 pips from 28 trades so it would be interesting to see someone else's results to see if i'm missing something or if this is just a short term thing and over a year it will deliver a decent return.

Thanks
 
 
  • Post #8,746
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  • Sep 25, 2009 8:40am Sep 25, 2009 8:40am
  •  sphinx
  • | Joined Dec 2007 | Status: Member | 168 Posts
that's why i use tradeheadge script, for me i had 5 e/u trades in 2 WEEKS, a has been profitable 3 wins 2 loss e/u ISN'T market BIG mover but when i see it strong i trade
 
 
  • Post #8,747
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  • Sep 25, 2009 8:48am Sep 25, 2009 8:48am
  •  fxdummie
  • | Joined May 2008 | Status: Member | 38 Posts
Sphinx,
thanks!

I will test the ind next week. You said you trade 1:1 - do you have fixed weekly/monthly goal?
Plan The Trade - Trade The Plan
 
 
  • Post #8,748
  • Quote
  • Sep 25, 2009 8:51am Sep 25, 2009 8:51am
  •  foredog
  • | Joined Jun 2008 | Status: Member | 61 Posts
Quoting sphinx
Disliked
that's why i use tradeheadge script, for me i had 5 e/u trades in 2 WEEKS, a has been profitable 3 wins 2 loss e/u ISN'T market BIG mover but when i see it strong i trade
Ignored
Thanks, just wanted to see what others thought, EURUSD looks like a lame dog compared to cable which over the same period, entering with the same criteria, mainly Hourly Dibs and some Pins would've made 1000+ pips
 
 
  • Post #8,749
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  • Sep 25, 2009 11:00am Sep 25, 2009 11:00am
  •  sphinx
  • | Joined Dec 2007 | Status: Member | 168 Posts
Quoting fxdummie
Disliked
Sphinx,
thanks!

I will test the ind next week. You said you trade 1:1 - do you have fixed weekly/monthly goal?
Ignored
I look for +1 trade per day, today was good day
 
 
  • Post #8,750
  • Quote
  • Sep 27, 2009 1:39pm Sep 27, 2009 1:39pm
  •  YM Trader
  • | Joined Feb 2009 | Status: Member | 10 Posts
I have spent the weekend reading the thread, taking notes, and setting my demo account up. I must have missed this or else it was never directly discussed but what is the time used for the weekly open? I am making the assumption that it is 00:00 GMT but you know what they say about assumptions.
 
 
  • Post #8,751
  • Quote
  • Sep 27, 2009 1:48pm Sep 27, 2009 1:48pm
  •  johnedoe
  • | Membership Revoked | Joined Dec 2005 | 2,298 Posts
Weekly?????
This is an hourly trading strategy........ best done during the london session.
Same Whore .... Different Dress
 
 
  • Post #8,752
  • Quote
  • Sep 27, 2009 2:46pm Sep 27, 2009 2:46pm
  •  YM Trader
  • | Joined Feb 2009 | Status: Member | 10 Posts
Quoting johnedoe
Disliked
Weekly?????
This is an hourly trading strategy........ best done during the london session.
Ignored
??????? Huh!

Many references are made to the weekly open amongst the 8,700+ post in this thread. How do I know? Cause I read them. But I do appreciate your detailed analysis of what the strategy is about!!!
 
 
  • Post #8,753
  • Quote
  • Sep 27, 2009 2:56pm Sep 27, 2009 2:56pm
  •  NowAndLater
  • | Joined Sep 2007 | Status: Breakout Baby | 692 Posts
Quoting YM Trader
Disliked
I have spent the weekend reading the thread, taking notes, and setting my demo account up. I must have missed this or else it was never directly discussed but what is the time used for the weekly open? I am making the assumption that it is 00:00 GMT but you know what they say about assumptions.
Ignored
I would view Monday 0600GMT as the weekly open, since it's the first open of the week that we trade. But really the weekly open is more of a reference for the whole week and so there should not be a big difference between Monday 0600 GMT and Monday 0000 GMT.
 
 
  • Post #8,754
  • Quote
  • Sep 27, 2009 3:17pm Sep 27, 2009 3:17pm
  •  YM Trader
  • | Joined Feb 2009 | Status: Member | 10 Posts
Quoting NowAndLater
Disliked
I would view Monday 0600GMT as the weekly open, since it's the first open of the week that we trade. But really the weekly open is more of a reference for the whole week and so there should not be a big difference between Monday 0600 GMT and Monday 0000 GMT.
Ignored
Thank you very much for the reply NowAndLater.
 
 
  • Post #8,755
  • Quote
  • Sep 27, 2009 8:27pm Sep 27, 2009 8:27pm
  •  james996
  • | Joined Jun 2009 | Status: Member | 34 Posts
Quote
Disliked
Reas
Member
Member Since Nov 2007
14 Posts

http://cdn.forexfactory.com/images/icons/icon1.gif Thanks James996
Hi James996, thanks a lot for youre comments on this thread.
I tried to PM you, but unfortunatly it doesn't seem to work.
Nothing special, just a thank you for giving back.

Appreciated!

grtz,
Reas
You are very welcomed.
 
 
  • Post #8,756
  • Quote
  • Sep 28, 2009 12:13pm Sep 28, 2009 12:13pm
  •  crabbydog
  • | Joined Jul 2008 | Status: Member | 39 Posts
Quoting james996
Disliked
I was just outlining my past experiences about how I arrived here and offered up an open invite to all in my neck of the woods. Sorry if it came off as being snobbery.

-James
Ignored
I suspect he mentioned this not to put you down but perhaps to protect. These forums are seen by thousands, and you may have given your contact details away to perverts, thieves and all sorts. It was a nice gesture to offer the contact details and very good of you to share your ideas.

Good trading
 
 
  • Post #8,757
  • Quote
  • Oct 1, 2009 5:57am Oct 1, 2009 5:57am
  •  Fxtrader
  • | Additional Username | Joined Nov 2007 | 173 Posts
Rough week for IB
 
 
  • Post #8,758
  • Quote
  • Oct 1, 2009 11:56pm Oct 1, 2009 11:56pm
  •  sinner-
  • Joined Apr 2009 | Status: RETIRED | 1,947 Posts
Hi guys,

I take E/J short from 129.96 but she looks prime for a retrace.

Took the trade late as well, so didn't get first shot at "free trade" state either.
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  • Post #8,759
  • Quote
  • Oct 4, 2009 8:00pm Oct 4, 2009 8:00pm
  •  sinner-
  • Joined Apr 2009 | Status: RETIRED | 1,947 Posts
Where are all the DIBS traders gone?

G/J H1 IB from Tokyo open.

Buy stop * 0.2 lots at 143.01 (green line) SL 142.41 (red line). TP1: 143.61 TP2: open.

PS: That last E/J trade posted above was a loss. My fault for entering late otherwise would have been a free trade loss i.e. scratch.
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  • Post #8,760
  • Quote
  • Oct 4, 2009 8:44pm Oct 4, 2009 8:44pm
  •  sinner-
  • Joined Apr 2009 | Status: RETIRED | 1,947 Posts
I lurrrve profit.

I am a bit busy today guys so I have taken my TP1 a bit earlier than planned at +35 and reduced my remaining lot down to make this a free trade.
 
 
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