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The DIBS Method... No Free Lunch continues

  • #4,561
  • Edited 1:03am Aug 7, 2008 12:22am | Edited 1:03am
Here is how the four hour trades turned out.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: UJ out.gif Size: 15 KB
  • #4,562
  • Aug 7, 2008 1:04am Aug 7, 2008 1:04am
Closed E/J for +30 Pips, couldnt take it anymore, since its going into some major resistance. We could see retracement after the EUR News.

And as im saying that, price is still shooting up
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Please lengthen your message to at least 1 characters.
  • #4,563
  • Aug 7, 2008 1:05am Aug 7, 2008 1:05am
Quoting Dale
Here is how the four hour trades turned out.
I am very intreststeed on how you trade the forex with the inside bar in the 4 hour chart...can you give me a littel explanation...
  • #4,564
  • Aug 7, 2008 1:08am Aug 7, 2008 1:08am
Good morning everyone !!

IB on GBPUSD
  • #4,565
  • Aug 7, 2008 1:21am Aug 7, 2008 1:21am
Good morning Kimmy, what else are you seeing that makes this ib a good one?
  • #4,566
  • Aug 7, 2008 1:28am Aug 7, 2008 1:28am
playing it. low risk, allready took profit on 3/4 an at bk
  • #4,567
  • Aug 7, 2008 1:39am Aug 7, 2008 1:39am
Quoting kimmy
Good morning everyone !!

IB on GBPUSD
Hello Kimmy,
i missed it, but am not too unhappy, i'll keep watching it. I found somewhere in FF the article which is attached (forgot where exactly i found it) and will watch, if it today works as described there.
Regards, Michael
Attached File(s)
File Type: pdf Big%20Ben%20Strat[1].pdf   597 KB | 954 downloads
  • #4,568
  • Aug 7, 2008 1:45am Aug 7, 2008 1:45am
stoped out, but made money.
  • #4,569
  • Aug 7, 2008 1:56am Aug 7, 2008 1:56am
Hey Manto,

Kathy Lien published that system in her book
"Day Trading the Currency Market"
but she calls for a 20 pip stop.

GL & GT

AZ
I found the guy who keeps losing me money. Its "ME" SHOOT HIM!
  • #4,570
  • Aug 7, 2008 1:59am Aug 7, 2008 1:59am
Quoting kimmy
Good morning everyone !!

IB on GBPUSD

I took it and banked +20.............sorry jaroo.... ha ha i know it's not true DIBS style but i am wary of the market this morning with the upcoming news so i think grab those pips when they are there !

  • #4,571
  • Aug 7, 2008 2:01am Aug 7, 2008 2:01am
Quoting manto
Hello Kimmy,
i missed it, but am not too unhappy, i'll keep watching it. I found somewhere in FF the article which is attached (forgot where exactly i found it) and will watch, if it today works as described there.
Regards, Michael

hi manto.....there is an error with opening the file and am unable to do so?
  • #4,572
  • Aug 7, 2008 2:10am Aug 7, 2008 2:10am
Quoting kimmy
hi manto.....there is an error with opening the file and am unable to do so?
...may be because i only saved a copy. Try this one http://www.forexfactory.com/attachme...d=130138&d=Jul 14, 2008 2:22pm, if it doesn't work try the attachments of this thread Juli 14th....
Regards, Michael
  • #4,573
  • Aug 7, 2008 2:13am Aug 7, 2008 2:13am
Be careful today, might become very choppy! I stay out for today...

Regards - Xaron
  • #4,574
  • Aug 7, 2008 2:20am Aug 7, 2008 2:20am
Quoting manto
...may be because i only saved a copy. Try this one http://www.forexfactory.com/attachme...d=130138&d=Jul 14, 2008 2:22pm, if it doesn't work try the attachments of this thread Juli 14th....
Regards, Michael

thanks
  • #4,575
  • Aug 7, 2008 2:32am Aug 7, 2008 2:32am
Quoting Bbfx
Closed E/J for +30 Pips, couldnt take it anymore, since its going into some major resistance. We could see retracement after the EUR News.

And as im saying that, price is still shooting up
If you got your BE just let some of your postion ride, you never know if it brakes the resistance...
  • #4,576
  • Aug 7, 2008 2:35am Aug 7, 2008 2:35am
Quoting kimmy
Good morning everyone !!

IB on GBPUSD
Good morning! Not playing any IB's due to the upcoming interest rate news.
  • #4,577
  • Aug 7, 2008 2:36am Aug 7, 2008 2:36am
Quoting AZ-Heat
Hey Manto,

Kathy Lien published that system in her book
"Day Trading the Currency Market"
but she calls for a 20 pip stop.

GL & GT

AZ
I have this book on pdf, if anyone is interested PM with your email and I'll send it.
  • #4,578
  • Aug 7, 2008 2:53am Aug 7, 2008 2:53am
"i am very intrested on how you trade your inside bar...can you tell us in the thread how you do it please."


I honestly believe that the fastest path to profitable trading is achieved through doing your own testing and reseach on ideas you have come up with on your own. This is what I do. This is how I do it.

When I have traded without doing my own homework, it has only been a delay to profitable
trading.

Currently I believe that alot can be learned from Jaroo & Now and latter.

When I read Peter Crowns threads I was very impressed with how much he said with so few words. Wow

There are others I have learned from that do not post here. They have their own websites so rule 3 does not allow us to post there names. This keeps the integrity of Forex Factory.



Thankyou for asking.


Dale
  • #4,579
  • Aug 7, 2008 3:06am Aug 7, 2008 3:06am
Quoting Dale
I honestly believe that the fastest path to profitable trading is achieved through doing your own testing and reseach on ideas you have come up with on your own. This is what I do.
This is how I do it.

When I have traded without doing my own homework, it has only been a delay to profitable
trading.

Dale
Great points here Dale.
  • #4,580
  • Aug 7, 2008 4:37am Aug 7, 2008 4:37am
Hi Everyone,
Just want to know if everybody is handing off all trades today based on the news as there are some IB's on Eurusd and Usdchf wich looks tempting, especially the chf?
Much Kudos to Jaroo and others esp PC
First timer poster.
Let your plan trade for you, not your emotion!!!
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