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Attachments: The DIBS Method... No Free Lunch continues
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The DIBS Method... No Free Lunch continues

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  • Post #5,961
  • Quote
  • Edited at 11:33pm Nov 18, 2008 9:18pm | Edited at 11:33pm
  •  tigertrader
  • | Joined Jun 2008 | Status: Member | 89 Posts
Seems we are all rather unobservant! Myself included. My FXTimes program has been in the public domain for over 2 years now. Yesterday I suddenly noticed an anomaly in the date display. I have made the necessary correction and the revised program is attached for you enjoyment. Happy trading!

P.S. The basic Java application FXTimes.jar should run on any platform but I am not sure how it runs on Vista. I will check it at the end of November and if there are any problems I will try to resolve them.
Attached Image
Attached File
File Type: zip FXTimes.zip   149 KB | 742 downloads
Never argue with a fool....
 
 
  • Post #5,962
  • Quote
  • Nov 19, 2008 12:38am Nov 19, 2008 12:38am
  •  trublu
  • | Joined Sep 2008 | Status: Member | 303 Posts
I was wondering how you guys are trading DIBS from the 4hr. Are you still using only the first 9-10 hours from the daily open, because if you are that's only 2-3 bars you can trade off of.

Is anyone here trading DIBS from the 4hr and sticking to those time constraints or are you taking setups you see at any time of day.

Loving this method, still demoing on the 1hr and it's going good, I was just looking at the 4hr and wondering how others were treating it.

Thanks
 
 
  • Post #5,963
  • Quote
  • Nov 19, 2008 3:04am Nov 19, 2008 3:04am
  •  LasVahGoose
  • Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Went off the 5GMT DIB long on GJ. Took 1:1 R/R and in free trade now. Some resistance around 145.90 - 146.21. Might TP just under that.

Similar play on GU pair, but didn't have the funds to play.
Attached Image (click to enlarge)
Click to Enlarge

Name: 2008-11-19-gu-2.gif
Size: 25 KB
Don't wish it were easier, wish you were better. ~ Jim Rohn
 
 
  • Post #5,964
  • Quote
  • Nov 19, 2008 3:13am Nov 19, 2008 3:13am
  •  Ehi
  • | Joined Sep 2007 | Status: Member | 37 Posts
How Do U Pip In These Ranging Times?

Can Anyone Give Me An Idea, I Havent Been Able To Spot A Good Trade For 2 Weeks Now
Forex trading reveals the real you...
 
 
  • Post #5,965
  • Quote
  • Nov 19, 2008 3:40am Nov 19, 2008 3:40am
  •  johto
  • | Membership Revoked | Joined Oct 2007 | 241 Posts
Quoting LasVahGoose
Disliked
Went off the 5GMT DIB long on GJ. Took 1:1 R/R and in free trade now. Some resistance around 145.90 - 146.21. Might TP just under that.

Similar play on GU pair, but didn't have the funds to play.
Ignored
Same here, i got on those too. Both GJ and GU, Free trading now.
 
 
  • Post #5,966
  • Quote
  • Nov 19, 2008 3:43am Nov 19, 2008 3:43am
  •  johto
  • | Membership Revoked | Joined Oct 2007 | 241 Posts
Quoting Ehi
Disliked
How Do U Pip In These Ranging Times?

Can Anyone Give Me An Idea, I Havent Been Able To Spot A Good Trade For 2 Weeks Now
Ignored
What? Just follow the DIBS, thats all man! Read this whole thread for starters
Sure there are not much longer winner runners because its ranging, but at least you break even if you follow DIBS method. You could also take partial profits like 2/3 on 1:1 or TP at 50p or 100p. I my self will try keep positions open and wait for a "runner"
 
 
  • Post #5,967
  • Quote
  • Nov 19, 2008 4:41am Nov 19, 2008 4:41am
  •  johto
  • | Membership Revoked | Joined Oct 2007 | 241 Posts
Position opened also on USDCHF:
http://img.skitch.com/20081119-rkbu5...ja59uq21at.png
 
 
  • Post #5,968
  • Quote
  • Nov 19, 2008 9:24am Nov 19, 2008 9:24am
  •  my30marahaba
  • | Commercial Member | Joined Sep 2008 | 807 Posts
hi all,

this is my set up for usdchf with DIBS method.....
good movement USDCHF fall like rocket.....
here the chart.... now free trade

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge

Name: USDCHF.JPG
Size: 118 KB
 
 
  • Post #5,969
  • Quote
  • Nov 19, 2008 9:36am Nov 19, 2008 9:36am
  •  my30marahaba
  • | Commercial Member | Joined Sep 2008 | 807 Posts
today set up with DIBS with good result

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge

Name: today set up with DIBS.JPG
Size: 204 KB
 
 
  • Post #5,970
  • Quote
  • Nov 19, 2008 9:53am Nov 19, 2008 9:53am
  •  Ehi
  • | Joined Sep 2007 | Status: Member | 37 Posts
hit my TPs on GPY...I think its the pair for these ranging period.
Forex trading reveals the real you...
 
 
  • Post #5,971
  • Quote
  • Nov 19, 2008 10:12am Nov 19, 2008 10:12am
  •  my30marahaba
  • | Commercial Member | Joined Sep 2008 | 807 Posts
Quoting my30marahaba
Disliked
dear sir, agree with u for this gu but uschf i expect PA to be going down

rgds,
my30marahaba
Ignored
dear sir,

what i expect with this curr usdchf to be going down
yesterday.....

brgds,
my30marahaba
 
 
  • Post #5,972
  • Quote
  • Nov 19, 2008 10:32am Nov 19, 2008 10:32am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
Hello all! This is my first post here and I just wanted to post my chart to see if I am doing it right! Please tell me if something is wrong. I have read as much as I can and think I understand it pretty well. I did not take these trades as I am just working on the setup for now. Thanks and hopefully I can contribute something useful here!
Attached Image (click to enlarge)
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Name: dibbs.jpg
Size: 364 KB
 
 
  • Post #5,973
  • Quote
  • Nov 19, 2008 10:37am Nov 19, 2008 10:37am
  •  avi
  • | Joined Jun 2008 | Status: Member | 472 Posts
Quoting my30marahaba
Disliked
today set up with DIBS with good result

rgds,
my30marahaba
Ignored
what bobokusfibo you use? i dont got on the chart daily s1
 
 
  • Post #5,974
  • Quote
  • Nov 19, 2008 10:42am Nov 19, 2008 10:42am
  •  my30marahaba
  • | Commercial Member | Joined Sep 2008 | 807 Posts
Quoting avi
Disliked
what bobokusfibo you use? i dont got on the chart daily s1
Ignored

hi avi,
here the indi if you want to attach to your chart

brgds,
my30marahaba
Attached Files
File Type: mq4 fibo daily.mq4   5 KB | 528 downloads
File Type: ex4 fibo daily.ex4   5 KB | 390 downloads
 
 
  • Post #5,975
  • Quote
  • Nov 19, 2008 10:43am Nov 19, 2008 10:43am
  •  johto
  • | Membership Revoked | Joined Oct 2007 | 241 Posts
Quoting chrisbedo
Disliked
Hello all! This is my first post here and I just wanted to post my chart to see if I am doing it right! Please tell me if something is wrong. I have read as much as I can and think I understand it pretty well. I did not take these trades as I am just working on the setup for now. Thanks and hopefully I can contribute something useful here!
Ignored
Yes, your setups seems fine. This fast spike happened on all major pairs. I was already on a GJ long from the mornings (london open) IB, so i did not do anything or add any positions, it has been up to 300+ pips and i havent yet taken any profits. I want to start trailing it longer time if possible. Lets see if this is longer term bull
 
 
  • Post #5,976
  • Quote
  • Nov 20, 2008 12:51am Nov 20, 2008 12:51am
  •  my30marahaba
  • | Commercial Member | Joined Sep 2008 | 807 Posts
hi all,

here my today set up
gj,uj,ej now free trade.....

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge

Name: today set up.JPG
Size: 171 KB
 
 
  • Post #5,977
  • Quote
  • Nov 20, 2008 1:08am Nov 20, 2008 1:08am
  •  imad
  • | Additional Username | Joined Mar 2008 | 255 Posts
hi my30marahaba
please find attached my GU chart i draw a line on the begining of the day and an horizontal line at the day opening price
there is no insie bar yet on my chart . or i am missing something ? please explain
thank you
Attached Image (click to enlarge)
Click to Enlarge

Name: gu.gif
Size: 15 KB
 
 
  • Post #5,978
  • Quote
  • Nov 20, 2008 1:45am Nov 20, 2008 1:45am
  •  johto
  • | Membership Revoked | Joined Oct 2007 | 241 Posts
Quoting my30marahaba
Disliked
hi all,

here my today set up
gj,uj,ej now free trade.....

rgds,
my30marahaba
Ignored
How come you are already with positions? I dont see any IB's on your chart that qualify as DIBS
 
 
  • Post #5,979
  • Quote
  • Nov 20, 2008 1:47am Nov 20, 2008 1:47am
  •  johto
  • | Membership Revoked | Joined Oct 2007 | 241 Posts
Quoting imad
Disliked
hi my30marahaba
please find attached my GU chart i draw a line on the begining of the day and an horizontal line at the day opening price
there is no insie bar yet on my chart . or i am missing something ? please explain
thank you
Ignored
Yes your right, my30marahaba is trading something other that dibs
No setups DIBS setups yet. Btw, you draw your "beginning of day" wrong, its supposed to be 6gmt(2 hours before London opens), which was 45 minutes ago!
 
 
  • Post #5,980
  • Quote
  • Nov 20, 2008 2:00am Nov 20, 2008 2:00am
  •  imad
  • | Additional Username | Joined Mar 2008 | 255 Posts
thank you johto. so we enter after 6 gmt and if price is above the daily open we go only long and if down we go only short . right ?
thank u
 
 
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