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The DIBS Method... No Free Lunch continues

  • #3,041
  • Jun 25, 2008 10:49pm Jun 25, 2008 10:49pm
Quoting Bob76
Usd/Jpy short at 107.92 , SL 108.07, First 2/3 Take Profit at 107.77

Lets hope it will go at least to the first comming support area around 107.75
Nice Bob. No I didn't take it but it looks like I can now since it retraced back to the break.

. . . in at 107.93. FTT about 14 pips.
Indicators show the past. Price Action "Indicates" the future.
  • #3,042
  • Jun 25, 2008 10:50pm Jun 25, 2008 10:50pm
Looks like a DIBS Short on Euro. But according to Peter not a strong DIBS as the price is above the open....

Lets see where it goes...
  • #3,043
  • Jun 25, 2008 10:52pm Jun 25, 2008 10:52pm
Anyone take the Swissy from the off...???
  • #3,044
  • Jun 25, 2008 10:53pm Jun 25, 2008 10:53pm
Quoting Bob76
Looks like a DIBS Short on Euro. But according to Peter not a strong DIBS as the price is above the open....

Lets see where it goes...
Can you post a chart on the Euro Bob?
Indicators show the past. Price Action "Indicates" the future.
  • #3,045
  • Jun 25, 2008 10:58pm Jun 25, 2008 10:58pm
im in
Quoting eltrader
Anyone take the Swissy from the off...???
FF journal: Peaks and Troffs
  • #3,046
  • Jun 25, 2008 11:17pm Jun 25, 2008 11:17pm
I hope i have posted the jpg correct.
Attached Image (click to enlarge)
Click to Enlarge Name: Euro Dibs 04 Jun. 26 11.14.jpg Size: 110 KB
  • #3,047
  • Jun 25, 2008 11:18pm Jun 25, 2008 11:18pm
Hi Bemac

Everyone learns by reading up and asking for advices from experienced traders.I believe you did that 30 years ago....

In fact, i am astonised to find out you are a grandfather...cos you speak like an arrogant young man fresh from colleage..

If you think it is a waste of your precious to help, please don't help...(i bet you wouldn't) cos only a kind soul is willing to do so

TSK





Quoting Bemac
Apart from maintaining this thread as well as he does Jim has nothing but Time on his hands {although his regular day job has an efficient intercept}. Even though He is responding to requests {such as this but then again, I actually do not know what the request is as it is in PM Format}...

Please; give the guy a break: Jarroo I Mean:

As Newbs, you are proffered some leniency BUT, rest assured, Newbs are the the infection that will kill this {Money Making} Thread.

Yet again you are requested to Actually READ {not scan} BOTH Threads.
You want Money? Understandable. But What are you willing to do to get it?
If Your Answer is "Ask Somebody" then my answer would be...
"Stop Trading & Get a real job."

There is "NO Free Lunch" here.
  • #3,048
  • Jun 25, 2008 11:20pm Jun 25, 2008 11:20pm
Long on GU, stop hit on UsdChf and I'd be looking at a long on UJ if an IB shows above open.
  • #3,049
  • Jun 25, 2008 11:25pm Jun 25, 2008 11:25pm
Thinking should i go long or not....
  • #3,050
  • Jun 25, 2008 11:28pm Jun 25, 2008 11:28pm
Here's my version of the E/U chart - is it ok?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd0806260622.jpg Size: 219 KB
  • #3,051
  • Jun 25, 2008 11:30pm Jun 25, 2008 11:30pm
Quoting jarroo
Nice Bob. No I didn't take it but it looks like I can now since it retraced back to the break.

. . . in at 107.93. FTT about 14 pips.
Stopped out at a 14 pips loss. Stop and reverse . . now long at 108.04.
Indicators show the past. Price Action "Indicates" the future.
  • #3,052
  • Jun 25, 2008 11:31pm Jun 25, 2008 11:31pm
The long UJ is based on yesterday's close being lower than today's open. For today's DIB possibilities that's how I've lookd at the other pairs as well.
  • #3,053
  • Jun 25, 2008 11:35pm Jun 25, 2008 11:35pm
Quoting candyman
The long UJ is based on yesterday's close being lower than today's open. For today's DIB possibilities that's how I've lookd at the other pairs as well.
Thanks candyman.
Indicators show the past. Price Action "Indicates" the future.
  • #3,054
  • Jun 25, 2008 11:42pm Jun 25, 2008 11:42pm
Quoting TSK
Hi Bemac

Everyone learns by reading up and asking for advices from experienced traders.I believe you did that 30 years ago....

In fact, i am astonised to find out you are a grandfather...cos you speak like an arrogant young man fresh from colleage..

If you think it is a waste of your precious to help, please don't help...(i bet you wouldn't) cos only a kind soul is willing to do so

TSK

Easy now TSK.

Bemac is here to help as well. And has helped me and many others over the years, more then you know. He has everyone's interest at heart here. Trust me on that. He just gave some sound advice to eveyone.
Indicators show the past. Price Action "Indicates" the future.
  • #3,055
  • Jun 25, 2008 11:42pm Jun 25, 2008 11:42pm
Quoting Bob76
I hope i have posted the jpg correct.
Looks good Bob. Thanks.
Indicators show the past. Price Action "Indicates" the future.
  • #3,056
  • Jun 25, 2008 11:51pm Jun 25, 2008 11:51pm
Quoting TSK
Hi Bemac

Everyone learns by reading up and asking for advices from experienced traders.I believe you did that 30 years ago....

In fact, i am astonised to find out you are a grandfather...cos you speak like an arrogant young man fresh from colleage..

If you think it is a waste of your precious to help, please don't help...(i bet you wouldn't) cos only a kind soul is willing to do so

TSK
The problem is here that nobody actually reads they just ask. I think you owe Bemac a big apology, hes probly just fed up with seeing this thread cluttered with the same old questions day in day out. I have seen enough myself in the few times Ive dropped in, I dont know how Jarroo can stand it to be honest...take care all, Raz
Never say never.
  • #3,057
  • Jun 25, 2008 11:54pm Jun 25, 2008 11:54pm
Sold Euro on 1.5672 and have taken out 2/3 TP at 1.5653 and letting the other ride with moving SL....

Lets see where it goes
Attached Image (click to enlarge)
Click to Enlarge Name: Trade07 Jun. 26 11.52.jpg Size: 127 KB
  • #3,058
  • Jun 25, 2008 11:58pm Jun 25, 2008 11:58pm
Will you?

Let God judges...and Pls stop discussing this..

Quoting razldazl
The problem is here that nobody actually reads they just ask. I think you owe Bemac a big apology, hes probly just fed up with seeing this thread cluttered with the same old questions day in day out. I have seen enough myself in the few times Ive dropped in, I dont know how Jarroo can stand it to be honest...take care all, Raz
  • #3,059
  • Jun 25, 2008 11:59pm Jun 25, 2008 11:59pm
I am using these concepts to filter my own entry's, they are working great.

I have noticed several different indicators for Disb

Who has the best one?
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 30 KB
  • #3,060
  • Jun 26, 2008 12:00am Jun 26, 2008 12:00am
Quoting razldazl
The problem is here that nobody actually reads they just ask. I think you owe Bemac a big apology, hes probly just fed up with seeing this thread cluttered with the same old questions day in day out. I have seen enough myself in the few times Ive dropped in, I dont know how Jarroo can stand it to be honest...take care all, Raz

this is exactly what happens to most good threads here. Then one day when someone like PC stumbles our way, guess what? day in, day out same old questions (nothing wrong with asking questions except when it's been asked 10 million times before) and then the PCs get fed up and disappear.

ps: Jaroo, are we using the 5am or 6 am candle as the day's open?
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