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The DIBS Method... No Free Lunch continues

  • #3,821
  • Jul 10, 2008 10:26pm Jul 10, 2008 10:26pm
Quoting sonicdeejay
May I know what is it and how can I create one like that???

sonic
sorry i shouldve put the description in bold print when i posted the pic. its there in the previous post though. just open a regular chart, right-click on it.. go to properties.. and change EVERYTHING's color to the background color.. effectively making everything invisible. then you have a blank slate to use as a checklist. you'll need to use text labels. not the best solution in the world.. but hey..serves its purpose.

Quoting aajduk
notice on some of your charts that information is in the top lh corner. I have only just started using mt4 so could someone please direct me to where I get the template (or whatever) to install that and a brief description of how you load extra stuff into mt4, I am having a little difficulty with that. I am computer literate so a general description is ok.

Regards,

The horses head.
hey, its just an indicator i whipped up real quick one day. just displays some relevant info for quick viewing, nothing special. PM me(or ill forget) and i'll send it to ya.
- nick andre -
  • #3,822
  • Jul 11, 2008 12:08am Jul 11, 2008 12:08am
Quoting Nick_likes_pips
sorry i shouldve put the description in bold print when i posted the pic. its there in the previous post though. just open a regular chart, right-click on it.. go to properties.. and change EVERYTHING's color to the background color.. effectively making everything invisible. then you have a blank slate to use as a checklist. you'll need to use text labels. not the best solution in the world.. but hey..serves its purpose.



hey, its just an indicator i whipped up real quick one day. just displays some relevant info for quick viewing, nothing special. PM me(or ill forget) and i'll send it to ya.
what I mean...is how can how can we write the words like that??

sonic
  • #3,823
  • Jul 11, 2008 12:10am Jul 11, 2008 12:10am
IB is the making??

sonic
Attached Image (click to enlarge)
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  • #3,824
  • Jul 11, 2008 2:18am Jul 11, 2008 2:18am
Quoting Alberto_Jazz
Hi everybody, is there someone that trades with the inside bar method on daily time frame?
Thank you!
I think its in his signature, daily tf trader...not sure if its exclusively DIBS though...
Never say never.
  • #3,825
  • Jul 11, 2008 2:42am Jul 11, 2008 2:42am
Quoting Alberto_Jazz
Hi everybody, is there someone that trades with the inside bar method on daily time frame?
Thank you!
Yes I look at all timeframes from 1H and above, if you can go back and see my post about the IB trades on the daily I did on Monday based on last Friday's holiday nonmover day. I posted the setup already last Sunday.
  • #3,826
  • Jul 11, 2008 2:45am Jul 11, 2008 2:45am
What does this tell you guys? Same formation on UCHF, and GU
Attached Image (click to enlarge)
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  • #3,827
  • Jul 11, 2008 3:05am Jul 11, 2008 3:05am
No big money moving the price at the daily open and there are no news to come out this morning... What are they all waiting for? Maybe NY session, maybe Monday because they all decided to take a long weekend after this tough week...
That's fine I'm taking a long weekend as of now as well. I'll have my batteries recharged with some nice meals, cold drinks, some dancing and chatting with friends and family. Away from the screen, I think we all need it from time to time.
I think there still might be some moves today (you never know right?! - only the market knows), but it's not for me today.*Turning of the computer*
Se ya'll later and have a great weekend.
Cheers!
  • #3,828
  • Jul 11, 2008 3:18am Jul 11, 2008 3:18am
... a poor DIBS day.
  • #3,829
  • Jul 11, 2008 3:34am Jul 11, 2008 3:34am
Many wrong signals this morning...
  • #3,830
  • Jul 11, 2008 5:00am Jul 11, 2008 5:00am
.... i guess we have to wait until these S/R in EURUSD, USDCHF, USDJPY are broken. Or not broken....
regards, Michael
  • #3,831
  • Jul 11, 2008 5:06am Jul 11, 2008 5:06am
Quoting NowAndLater
No big money moving the price at the daily open and there are no news to come out this morning... What are they all waiting for? Maybe NY session, maybe Monday because they all decided to take a long weekend after this tough week...
That's fine I'm taking a long weekend as of now as well. I'll have my batteries recharged with some nice meals, cold drinks, some dancing and chatting with friends and family. Away from the screen, I think we all need it from time to time.
I think there still might be some moves today (you never know right?! - only the market knows), but it's not for me today.*Turning of the computer*
Se ya'll later and have a great weekend.
Cheers!
Keep your eye on CNBC or Bloomberg as the biggest market moving news of last quarter MAY be repeated in about half hour when GE announces earnings.

And you will see SR levels broke all over.
History is written by the victors.
  • #3,832
  • Jul 11, 2008 6:12am Jul 11, 2008 6:12am
IB on the G/U.
Good Trading
  • #3,833
  • Jul 11, 2008 6:52am Jul 11, 2008 6:52am
Anyone on board the Aussie DIBS? Nice trade if you are! I'm in much higher but off the 4hr timeframe
  • #3,834
  • Jul 11, 2008 6:59am Jul 11, 2008 6:59am
Quoting Trumpcard
Anyone on board the Aussie DIBS? Nice trade if you are! I'm in much higher but off the 4hr timeframe
...in from yesterday's, TC....didn't add to it earlier, decided to play elsewhere. Interesting session so far on EU, GU and UJ for me. UJ was always looking a strong contender today, after such coiling PA this week.

Good luck guys.
  • #3,835
  • Jul 11, 2008 7:31am Jul 11, 2008 7:31am
Quoting manto
.... i guess we have to wait until these S/R in EURUSD, USDCHF, USDJPY are broken. Or not broken....
regards, Michael
Could any thing b more rich and xcellent as this? Patience and Simplicity is key. I've bankd enough. Look at gold, gbpusd, eurusd and gbpjpy. We've got a system with so much potentials.
Attached Image(s) (click to enlarge)
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  • #3,836
  • Jul 11, 2008 7:34am Jul 11, 2008 7:34am
Quoting ChowClown
...in from yesterday's, TC....didn't add to it earlier, decided to play elsewhere. Interesting session so far on EU, GU and UJ for me. UJ was always looking a strong contender today, after such coiling PA this week.

Good luck guys.

i'm also on aud i/b from yesterday

have a good weekend everyone

joy
  • #3,837
  • Jul 11, 2008 8:00am Jul 11, 2008 8:00am
Hi NAL,

Just closed a H8 live account trade in EU I took this morning 0600GMT......avoided the H1 as the chart appeared to threaten more yo-yos. Entry 1.58 with 35 stop. Went out for the morning, just returned to see price had hit 1.5868 which is a resistance area I have marked...so exited PT2 as price was falling....got 103 pips total from two lots.

Also traded a demo H8 in oil this morning with 25 pip trailing stop on IBFX.....got 98 pips within 10 mins.

I remember reading J16 some 12 months or so ago that newbies ought to stick to trading dailies, weeklies until they get experience.....well, I think that was good advice. However, the H8 with DIBS plus S/R and good MM offers newbies a low risk/high profit approach without the risk of overtrading which can so often happen in the H1.

Anyway, NAL, thanks for raising our awareness of the H8.

A good weekend, everyone. See you Monday!
  • #3,838
  • Jul 11, 2008 8:00am Jul 11, 2008 8:00am
Quoting timex83
Could any thing b more rich and xcellent as this? Patience and Simplicity is key. I've bankd enough. Look at gold, gbpusd, eurusd and gbpjpy. We've got a system with so much potentials.
Hello timex 83,

interesting your DIBsing with Gold - obviously it works!
I got the EU with a IB from the 30Min Chart at 1.5815, just above the broken Trendline... Were not as many Pips it had could be if i took the former 1 hour IB, but so i felt more comfortable, danger of loss seemed smaller to me.

That Gold is a bit fast for me, if it moves there are large ranges, means wider stops. How do you handle this?

Regards, Michael
  • #3,839
  • Jul 11, 2008 8:31am Jul 11, 2008 8:31am
Quoting manto
Hello timex 83,

That Gold is a bit fast for me, if it moves there are large ranges, means wider stops. How do you handle this?

Regards, Michael
The spread for gold on fxpro is 50 pips which is $50 on a standard lot, better than gbpjpy. So its simpler if u manage it with good MM. I trade gold same way I trade the other Cpairs. So the range isn't that much. A 50 pips move on gold chart is equivalent to a 5 pips move on eurusd (monetary terms)

The daily range (13 days) for gold is 1837 pips (equivalent to 183.7 on gbpusd) while that of gbpusd is 128, gbpjpy is 158.
  • #3,840
  • Jul 11, 2008 8:45am Jul 11, 2008 8:45am
Quoting aud
IB on the G/U.
Hello aud,

if you took it and stayed in until 1.9955 you are rich now! Thanks for posting.

Cheers, Michael
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