I am now, the sun is out and i've finished work just in time for the london open - loving it
I'd like to have those trading hours too, he he... 
The DIBS Method... No Free Lunch continues
Dear All,
Just sharing with you about DIBS system
look at the chart you can see clear how the system give us the valid signal of the IB break out, price to be playing at the temporary s&r line on 1hr chart,
now i know when to entry or close, and when should i be hold the position for the free trade.... of the price direction
thank you for mr jaroo and peter c.....
Brgds,
mymarahaba
Just sharing with you about DIBS system
look at the chart you can see clear how the system give us the valid signal of the IB break out, price to be playing at the temporary s&r line on 1hr chart,
now i know when to entry or close, and when should i be hold the position for the free trade.... of the price direction
thank you for mr jaroo and peter c.....
Brgds,
mymarahaba
Dear All,
Just sharing with you about DIBS system
look at the chart you can see clear how the system give us the valid signal of the IB break out, price to be playing at the temporary s&r line on 1hr chart,
now i know when to entry or close, and when should i be hold the position for the free trade.... of the price direction
thank you for mr jaroo and peter c.....
Brgds,
mymarahaba
look at eu chart may be we can share and learn to understand of this DIBS method
rgds,
my30marahaba
- #5,926
- Nov 16, 2008 6:06am Nov 16, 2008 6:06am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #5,927
- Nov 16, 2008 8:35am Nov 16, 2008 8:35am
- Joined Jan 2008 | Status: In Fibonacci We Trust | 2,397 Posts
- #5,929
- Nov 17, 2008 12:29am Nov 17, 2008 12:29am
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Don't wish it were easier, wish you were better. ~ Jim Rohn
- #5,932
- Nov 17, 2008 1:45am Nov 17, 2008 1:45am
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Don't wish it were easier, wish you were better. ~ Jim Rohn
- #5,933
- Nov 17, 2008 2:38am Nov 17, 2008 2:38am
I'm still learning and only trading for 4 weeks now, I was thinking short. My thinking was the larger timeframe trends were going lower overall and like you said there is that resistance at the 98.46 - 98.57 levels. I drew my fibo's the other direction TP#1 FE 61 @ 95.64. I'm not in on any trades, just watching.
Peter said it pretty well:
"In the pit the first thing you learn--- when you are ready to actually make money..., and stop the bleeding, is:
- Only be willing to buy a market if it is up on the day.
- Only be willing to sell a market if it is down on the day."
Yes, but if following DIBS rules, your direction is which side the price is howering compared to the 6gmt price. You are right about the overall trend being down, but you never know when the main trend will change, and by DIBS rules, you are mainly interested on "intraday trend" and if the longer trends allign too, its a bonus and you can then keep your winners open and trail them for example on 4h and daily and weekly charts
Peter said it pretty well:
"In the pit the first thing you learn--- when you are ready to actually make money...,...
I'm agree with you, all the best entry to follow the PC's rule
when i see my chart i expect uj to be going up......
here my overall chart
Brgds,
my30marahaba
Nice results my30marahaba. I have no longer trades open and todays first USDJPY just hit the stop loss. There will be others, patience is key
good luck sir this DIBS method is very power full thank for Mr. PC
bgrds,
my30marahaba
- #5,939
- Nov 17, 2008 5:32am Nov 17, 2008 5:32am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #5,940
- Nov 17, 2008 5:36am Nov 17, 2008 5:36am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future