The DIBS Method... No Free Lunch continues | Page 299 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The DIBS Method - No Free Lunch Returns 13 replies

No Free Lunch but all the Free Coffee you can drink 736 replies

Peter Crown's DIBS method revisited 14 replies

DIBS Method EA 11 replies

Problem using Dibs EA 4 replies

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

The DIBS Method... No Free Lunch continues

  • #5,961
  • Edited 10:33pm Nov 18, 2008 8:18pm | Edited 10:33pm
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(s)
File Type: zip FXTimes.zip   149 KB | 875 downloads
Never argue with a fool....
  • #5,962
  • Nov 18, 2008 11:38pm Nov 18, 2008 11:38pm
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
  • #5,963
  • Nov 19, 2008 2:04am Nov 19, 2008 2:04am
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
  • #5,964
  • Nov 19, 2008 2:13am Nov 19, 2008 2:13am
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...
  • #5,965
  • Nov 19, 2008 2:40am Nov 19, 2008 2:40am
Quoting LasVahGoose
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.
Same here, i got on those too. Both GJ and GU, Free trading now.
  • #5,966
  • Nov 19, 2008 2:43am Nov 19, 2008 2:43am
Quoting Ehi
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
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"
  • #5,967
  • Nov 19, 2008 3:41am Nov 19, 2008 3:41am
Position opened also on USDCHF:
http://img.skitch.com/20081119-rkbu5...ja59uq21at.png
  • #5,968
  • Nov 19, 2008 8:24am Nov 19, 2008 8:24am
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
  • #5,969
  • Nov 19, 2008 8:36am Nov 19, 2008 8:36am
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
  • #5,970
  • Nov 19, 2008 8:53am Nov 19, 2008 8:53am
hit my TPs on GPY...I think its the pair for these ranging period.
Forex trading reveals the real you...
  • #5,971
  • Nov 19, 2008 9:12am Nov 19, 2008 9:12am
Quoting my30marahaba
dear sir, agree with u for this gu but uschf i expect PA to be going down

rgds,
my30marahaba
dear sir,

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

brgds,
my30marahaba
  • #5,972
  • Nov 19, 2008 9:32am Nov 19, 2008 9:32am
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)
Click to Enlarge Name: dibbs.jpg Size: 364 KB
  • #5,973
  • Nov 19, 2008 9:37am Nov 19, 2008 9:37am
Quoting my30marahaba
today set up with DIBS with good result

rgds,
my30marahaba
what bobokusfibo you use? i dont got on the chart daily s1
  • #5,974
  • Nov 19, 2008 9:42am Nov 19, 2008 9:42am
Quoting avi
what bobokusfibo you use? i dont got on the chart daily s1

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

brgds,
my30marahaba
Attached File(s)
File Type: mq4 fibo daily.mq4   5 KB | 721 downloads
File Type: ex4 fibo daily.ex4   5 KB | 551 downloads
  • #5,975
  • Nov 19, 2008 9:43am Nov 19, 2008 9:43am
Quoting chrisbedo
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!
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
  • #5,976
  • Nov 19, 2008 11:51pm Nov 19, 2008 11:51pm
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
  • #5,977
  • Nov 20, 2008 12:08am Nov 20, 2008 12:08am
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
  • #5,978
  • Nov 20, 2008 12:45am Nov 20, 2008 12:45am
Quoting my30marahaba
hi all,

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

rgds,
my30marahaba
How come you are already with positions? I dont see any IB's on your chart that qualify as DIBS
  • #5,979
  • Nov 20, 2008 12:47am Nov 20, 2008 12:47am
Quoting imad
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
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!
  • #5,980
  • Nov 20, 2008 1:00am Nov 20, 2008 1:00am
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
1 trader viewing now