The DIBS Method... No Free Lunch continues

just a trick
buy after an congestion period if price breaks to the upside.
if second day after the breakout from congestion price is doing a higher high and next day is an inside bar then buy again tomorrow when price breaks to the highest high made by the bar before the inside day.

another trick
make sure that the bars before the inside days have made higher highs (the high should be atleas the highest high in 5 days) for buy /reverse for sell
and also make sure tjat the pattern is like in the pic the higs and the inside days are succesive
trade only daily charts

i was short eurchf but my stop was hit and now i'm long.

Can anyone recommend me any good book or pdf that speaks mostly about inside bar? I think someone mentioned here before but i've forgotten the title of it.

Is this it?

Toby Crabel's book called Trading With Short-Term Price Patterns

(the forum search function is a great help on this kind of thing, for future reference)

This is what a day of DIBS style trading can look like
The crucial point is the hot hand

CABLE, AS OF THE END OF THE LAST WEEK OF APRIL:

Attached Image (click to enlarge)

Now we'll see if a short-term DIBS trade will survive over the weekend...

The daily chart of CABLE, dating back to the start of the year.

This is the monthly chart, with the peak Brexit price of 1.5018 circled.

A near-perfect DIBS trade that was foiled by algos: May 2nd-3rd, 2019, GBP/USD:



And, because I mentioned the "Big Ben Breakout" strategy, I shall repost the article by Kristian Kerr from the now-defunct Currency Trader magazine.

This is why Peter Crowns tells us to "take all the trades." Because you might be entering an uptrend
and some carefully-scripted language from a Central Bank might amplify your profits.

A promising DIBS setup formed on a somewhat off-beat pair: the GBPCAD. I highlighted the first DIBS
trade setup that I saw with a sideways "V". Later in the week, the Bank of Canada made an announcement
which the markets interpreted as "dovish," and that meant a sell-off of CAD in favour of other currencies.



Chart made on Tradingview.

I' m implementing Peter Crown's insights to my trading for 2 days now and I'have seen a great impovement in my account. Thanks to him and all the contributors here.

Is this strategy still make it these days?
Would be much appreciated for any comments

Yes very much so.

If you actively traded this in during the last years/months send me a message, would be nice to hear how other people have fared in trading this.

Last couple of months this strat has been extremely profitable, but then again, which trend following breakout strat hasn't... some of the easiest market conditions i've ever seen

here is what im playing

EURUSD H1 Inside candle has formed since 2 hours ago

EURUSD H1 DIBS Executed.

GREAT MWD very long term downtrend, trading underneath Day's open and pivot point and Vegas H1 tunnel.

Trend in EURUSD is not clear. Maybe there is more push to upside.

Trading conditions are better now for this method. This one's for you, Constantino. Thanks for reminding me... (And Mingary)

This is sheer beauty: