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The DIBS Method... No Free Lunch continues

  • #641
  • May 23, 2008 5:33pm May 23, 2008 5:33pm
Is there an indicator that can draw a vertical line on the 1AM EST candle?

Thanks
TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #642
  • May 23, 2008 5:59pm May 23, 2008 5:59pm
Quoting Rocroy
...
Ok, here is my take for MM: Use fibs and trendlines. Fib the previous opposite movement, and take 50% out at 161 level. For instance today 161 would have very good first exit for all main pairs.

Let the rest run free, but set a guarding trendline for alerting if the trend turns. There are tl-indicators which give an alert when crossed.
...
Personally...I really enjoy Fibs. Not as much as I used to, but that's another story.
Anytime someone "Quotes" Today's Chart as an example intimates to me that there is {potentially} no Historical.. to support it. Maybe I'm wrong & you will fill in the Blanks.

Just my little $0.02 CAD, {Yeah that's Real Green these Days}
True MM CANNOT be posted. You {we} do not know other members Fin.Stats. All that we can do is suggest others in "The Same Boat as Us" Row with Us. {and therin lies Another Pit.}

Don't mean to sound cynical but {opposite from my sig.} It's "Your" Coin.
  • #643
  • May 23, 2008 6:07pm May 23, 2008 6:07pm
Quoting mrgreen
At what point...
This is Exaclty why I requested a Separate Thd.

I check in on this one twice a day and have 4 Pages of 40 posts/page to "Scan" to catch up.

GREAT THREAD, but Soooo... Time consuming to even, keep up.

Geez Jarroo, that's what I would call...

"Got A Tiger By The Tail."
  • #644
  • May 23, 2008 8:04pm May 23, 2008 8:04pm
Quoting mrgreen
At what point does a thread outlive it's usefullness and go to the 'porcelion fixture'. Is it when a thread reaches a particular posting number - or is it when it attracts a particular number of readers. Possibly a combo of both. A thread grows and then it attracts others - who of course do not have the time to read the whole thing and so...

I wonder if any staticions out there in Internat land have ever studied the 'usefull' life cycle of a thread.

I don't think this thread is there yet - but it is real close.
Thanks for your vote of confidence mrgreen.

As long as the DIBS method shows some success on a consistent level, I hope it will be here for a long time.

I do know that naysayers don't last very long in anything they do.
Indicators show the past. Price Action "Indicates" the future.
  • #645
  • May 23, 2008 8:06pm May 23, 2008 8:06pm
Quoting Bemac
This is Exaclty why I requested a Separate Thd.

I check in on this one twice a day and have 4 Pages of 40 posts/page to "Scan" to catch up.

GREAT THREAD, but Soooo... Time consuming to even, keep up.

Geez Jarroo, that's what I would call...

"Got A Tiger By The Tail."

Words of encouragement are always welcomed. Thanks Bemac.
Indicators show the past. Price Action "Indicates" the future.
  • #646
  • May 23, 2008 8:31pm May 23, 2008 8:31pm
I deleted my posting just now - cause it read as negative - good luck on this awesome method - it really does have potential.
In trading, there is no bullshit. You either make money or you don't.
  • #647
  • May 23, 2008 8:38pm May 23, 2008 8:38pm
all i have to say is this method looks very profitable, and is so simple. I am currently looking at a simple exit method after we take half profit at 1:1. The initial reward, the distance of the IB candle, is about as a sure thing that hits as anything I have seen. Thanks all for contributing and everything.
  • #648
  • May 23, 2008 8:40pm May 23, 2008 8:40pm
Quoting mrgreen
I deleted my posting just now - cause it read as negative - good luck on this awesome method - it really does have potential.
i was writing a message to defend the guy (who requested the indicator), but when i saw in wich post (#) the indicator was, i gave up.
  • #649
  • May 23, 2008 8:42pm May 23, 2008 8:42pm
Mr.Green,

I see the sarcasm and the irritation in your post.

Given so many casual callers asking basic question about the system at the 600th page of the thread (I have seen it many threads and got annoyed myself) , you are only justified in your response.

However, I am not in that category. I have been reading this thread with at most interest from the day Jarroo opened it. However, like Bemac says it is not practical to keep up with every single post and I do skip conversations regarding world clock etc.,

This of course leads to a possibility of me missing a post with an indicator I am looking for and I don't personally believe I am offending any earnest participants of this thread by asking for this indicator.

In fact, my recent question about the reentry upon stop out elicited very interesting and valuable dialog among the members.

So, please don't count me like any other passer by looking for some short cut to make some pips here and there.

I don't post my trades and charts because I consider the others out in this thread as way seniors and more knowledgeable.

Sorry, I couldn't stand this blanket labeling and please accept my apologies if you didn't intend to do that and I happen to misread your post.

Warm Regards,
TradeStar

Quoting mrgreen
At what point does a thread outlive it's usefullness and go to the 'porcelion fixture'. Is it when a thread reaches a particular posting number - or is it when it attracts a particular number of readers. Possibly a combo of both. A thread grows and then it attracts others - who of course do not have the time to read the whole thing and so...

I wonder if any staticions out there in Internat land have ever studied the 'usefull' life cycle of a thread.

I don't think this thread is there yet - but it is real close.
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #650
  • May 23, 2008 8:56pm May 23, 2008 8:56pm
I had downloaded and installed the trigger line indicator when the thread started and I am used to look at it for IB markings.

I completely overlooked the fact that it also shows the start hour marking and is my mistake to have asked an indicator.

My apologies to have caused any irritations to anyone in this thread.

Have a nice weekend everyone.

Regards
TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #651
  • May 23, 2008 8:58pm May 23, 2008 8:58pm
Quoting TradeStar
Mr.Green,

I see the sarcasm and the irritation in your post.

Given so many casual callers asking basic question about the system at the 600th page of the thread (I have seen it many threads and got annoyed myself) , you are only justified in your response.

However, I am not in that category. I have been reading this thread with at most interest from the day Jarroo opened it. However, like Bemac says it is not practical to keep up with every single post and I do skip conversations regarding world clock etc.,

This of course leads to a possibility of me missing a post with an indicator I am looking for and I don't personally believe I am offending any earnest participants of this thread by asking for this indicator.

In fact, my recent question about the reentry upon stop out elicited very interesting and valuable dialog among the members.

So, please don't count me like any other passer by looking for some short cut to make some pips here and there.

I don't post my trades and charts because I consider the others out in this thread as way seniors and more knowledgeable.

Sorry, I couldn't stand this blanket labeling and please accept my apologies if you didn't intend to do that and I happen to misread your post.

Warm Regards,
TradeStar
TraderStar I know who you are and your contributions to this thread.

It's the nature of this thread type format that there will be interest in this thread and many will ask question where they can find out the answers themselves. I understand this and really don't mind helping people find there way. It's just the nature of things that happen on threads.

Unfortunately the "mrgreens" of the thread world also exist.
Indicators show the past. Price Action "Indicates" the future.
  • #652
  • May 23, 2008 9:08pm May 23, 2008 9:08pm
Quoting TradeStar
...is not practical to keep up with every single post and I do skip conversations regarding world clock etc.,
i do it too (skip some "chat"). And the default color of the indicator is not so easy to see.

i think you did NOT make a big mistake.

best regards.
  • #653
  • May 23, 2008 9:17pm May 23, 2008 9:17pm
Quoting jarroo
TraderStar I know who you are and your contributions to this thread.

It's the nature of this thread type format that there will be interest in this thread and many will ask question where they can find out the answers themselves. I understand this and really don't mind helping people find there way. It's just the nature of things that happen on threads.

Unfortunately the "mrgreens" of the thread world also exist.
Just a word of Caution. The "Mr. Green's" are amongst those that will give your thread credability. It may be wiser to read & Respond as opposed to dismiss out of hand.
Just sayin'

If after >30 years Trading My ears still work...Why shouldn't yours?

Sorry; but i feel it had to be said.
  • #654
  • May 23, 2008 9:20pm May 23, 2008 9:20pm
Quoting giraia_br
i do it too (skip some "chat"). And the default color of the indicator is not so easy to see.

i think you did NOT make a big mistake.

best regards.
Thank you, friends.

TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #655
  • Edited May 24, 2008 9:20am May 23, 2008 9:20pm | Edited May 24, 2008 9:20am
Quoting Bemac
Just a word of Caution. The "Mr. Green's" are amongst those that will give your thread credability. It may be wiser to read & Respond as opposed to dismiss out of hand.
Just sayin'

If after >30 years Trading My ears still work...Why shouldn't yours?

Sorry; but i feel it had to be said.
Statements like this:
" I wonder if any staticions out there in Internat land have ever studied the 'usefull' life cycle of a thread.
I don't think this thread is there yet - but it is real close."

adds no credability in my book. Actually just the opposite.
Indicators show the past. Price Action "Indicates" the future.
  • #656
  • May 23, 2008 9:22pm May 23, 2008 9:22pm
Quoting jarroo
A statement like this "I don't think this thread is there yet - but it is real close." adds no credability in my book.
Fare thee well and Fair winds in your sails...
  • #657
  • May 23, 2008 9:30pm May 23, 2008 9:30pm
Quoting jarroo
A statements like this
" I wonder if any staticions out there in Internat land have ever studied the 'usefull' life cycle of a thread.
I don't think this thread is there yet - but it is real close."

adds no credability in my book.
In my humble opinion (I don't like IMHO ) this neat little technique is indeed a gem from Peter and Jarroo is doing a fantastic job in running this thread with a great spirit and many talented traders are latching on.

This is not going to run out of it usefulness, given the quality of contributions and I wish all the best and many success stories.

Regards,
TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #658
  • May 23, 2008 9:44pm May 23, 2008 9:44pm
I found this indicator in 'The only Pivot' thread by tony_dtrader. This plots the horizontal line on the day's opening price. I find it very useful to have it for this method.

Here it is. Hope this helps. Thanks to tony_dtrader.

Regards,
TradeStar
Attached File(s)
File Type: mq4 PrevDayAndFloatingPivot_O.mq4   4 KB | 1,039 downloads
File Type: ex4 PrevDayAndFloatingPivot_O.ex4   3 KB | 733 downloads
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #659
  • May 23, 2008 9:48pm May 23, 2008 9:48pm
Quoting TradeStar
I found this indicator in 'The only Pivot' thread by tony_dtrader. This plots the horizontal line on the day's opening price. I find it very useful to have it for this method.

Here it is. Hope this helps. Thanks to tony_dtrader.

Regards,
Ram
I have that as well, but you can't adjust the day's open price. It's stuck on 0000 GMT. Or maybe you can adjust it?
Indicators show the past. Price Action "Indicates" the future.
  • #660
  • May 23, 2008 9:52pm May 23, 2008 9:52pm
Quoting jarroo
I have that as well, but you can't adjust the day's open price. It's stuck on 0000 GMT. Or maybe you can adjust it?
I don't think the 0000 GMT can be changed. However, I thought the opening price reference is always 0000 GMT, even though you start considering the trading bars after 6:00 GMT.

May be I misunderstood; let me read Peter's post again.

Regards,
TS
Haste not to Enter AND Haste not to Exit !-TradeStar
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