The DIBS Method... No Free Lunch continues | Page 306 | 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

  • #6,101
  • Nov 25, 2008 8:37am Nov 25, 2008 8:37am
Quoting my30marahaba
here the result....
Nice pipping!
How much you risk % per trade?
  • #6,102
  • Nov 25, 2008 8:50am Nov 25, 2008 8:50am
Quoting my30marahaba
dear sir,

i know the ib looks like go long but the its fail to break the resistance line
so it's better to look for short entry, just for sharing with you sir,
start from morning i only looking for short this currency and looking for long entry eu and gu.... go to 200 over pip

brgds,
my30marahaba
here what i mean of usdchf the ib fail to break the resistance line look the pa test to break the resitance but close below the resistance line or below the daily pivot point it's mean the pa to be going down ..... so better we are looking for the short entry that all just for share with you all

look at my chart see my temporary resitance and support to indicate the pa move or pa swing hing and low at the critical point

brgds,
my30marahaba
  • #6,103
  • Nov 25, 2008 8:53am Nov 25, 2008 8:53am
Quoting my30marahaba
here what i mean of usdchf the ib fail to break the resistance line look the pa test to break the resitance but close below the resistance line or below the daily pivot point it's mean the pa to be going down ..... so better we are looking for the short entry that all just for share with you all

look at my chart see my temporary resitance and support to indicate the pa move or pa swing hing and low at the critical point

brgds,
my30marahaba
here the chart
Attached Image
  • #6,104
  • Nov 25, 2008 8:58am Nov 25, 2008 8:58am
Yeah, i was fooled to take the upside because it seemed it broke the resistance. See the picture:

http://img.skitch.com/20081125-xu869...429na9ypdd.png
  • #6,105
  • Nov 25, 2008 9:06am Nov 25, 2008 9:06am
Quoting johto
Nice pipping!
How much you risk % per trade?
dear sir,

my risk is my maximum pip lost on my daily 80 - 100 pip per trade/pair,
when i entry i always put the sl 80 - 100 pip per trade and to be observe 1 to 2 hours of the price action "swing high and low of the price" this more important .... this what i do now ...

brgds,
my30marahaba
  • #6,106
  • Nov 25, 2008 11:02am Nov 25, 2008 11:02am
Quoting my30marahaba
dear sir,

my risk is my maximum pip lost on my daily 80 - 100 pip per trade/pair,
when i entry i always put the sl 80 - 100 pip per trade and to be observe 1 to 2 hours of the price action "swing high and low of the price" this more important .... this what i do now ...

brgds,
my30marahaba
That's pretty wide SL... Considering that some DIBS trades produce only 50-60pips, RR ration seems unbalanced. But that's just my opinion (well, DIBS rules specify different SL too).
One Chart is Worth Ten Thousand Words.
  • #6,107
  • Nov 25, 2008 11:03am Nov 25, 2008 11:03am
Quoting my30marahaba
here what i mean of usdchf the ib fail to break the resistance line look the pa test to break the resitance but close below the resistance line or below the daily pivot point it's mean the pa to be going down ..... so better we are looking for the short entry that all just for share with you all

look at my chart see my temporary resitance and support to indicate the pa move or pa swing hing and low at the critical point

brgds,
my30marahaba
Thank you for the tip, my30marahaba!

P.S. What is "marahaba", BTW?
One Chart is Worth Ten Thousand Words.
  • #6,108
  • Nov 25, 2008 12:38pm Nov 25, 2008 12:38pm
Quoting my30marahaba
here the chart
will you pleasae show it olso tommrow? thannx
  • #6,109
  • Nov 25, 2008 4:41pm Nov 25, 2008 4:41pm
Quoting avi
will you pleasae show it olso tommrow? thannx
dear avi,

kindly please refer to the post #5906,#5908 and #5968
may be you can clear to see of the valid ib break out

brgds,
my30marahaba
  • #6,110
  • Nov 25, 2008 6:48pm Nov 25, 2008 6:48pm
Quoting my30marahaba
hi all,

here my dibs method set up from yesterday open
now with FTT, let see how far the PA run...

brgds,
my30marahaba
Dear All,

Here the updated DIBS method add entry on Tuesday now with FTT

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: DIBS method.JPG Size: 193 KB
  • #6,111
  • Nov 25, 2008 7:05pm Nov 25, 2008 7:05pm
Quoting my30marahaba
Dear All,

Here the updated DIBS method add entry on Tuesday now with FTT

rgds,
my30marahaba

here the result, adjust the sl and let the price run

brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: Dibs result.JPG Size: 61 KB
  • #6,112
  • Nov 25, 2008 10:27pm Nov 25, 2008 10:27pm
Quoting avi
will you pleasae show it olso tommrow? thannx

Dear Avi,

here DIBS method IB at the trigger line S&R (this the critical point...)
NzdUSD (bear and bull tug of war)...

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: NU.JPG Size: 141 KB
  • #6,113
  • Nov 26, 2008 1:39am Nov 26, 2008 1:39am
dear all,

here the chart today 2 pair with DIBS set up

NU and EU DIBS set up

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: dibs 26.11.2008.JPG Size: 208 KB
  • #6,114
  • Nov 26, 2008 2:48am Nov 26, 2008 2:48am
Quoting my30marahaba
Dear All,

Here the updated DIBS method add entry on Tuesday now with FTT

rgds,
my30marahaba
May I ask where are those dibs?

qwer
  • #6,115
  • Nov 26, 2008 3:34am Nov 26, 2008 3:34am
Quoting my30marahaba
dear all,

here the chart today 2 pair with DIBS set up

NU and EU DIBS set up

rgds,
my30marahaba

hi all,

here the updated ....
EU,NU,AU & CAD DIBS method set up....

rgds,
mymarahaba
Attached Image (click to enlarge)
Click to Enlarge Name: DIBS 3.JPG Size: 204 KB
  • #6,116
  • Nov 26, 2008 5:46am Nov 26, 2008 5:46am
Quoting my30marahaba
hi all,

here the updated ....
EU,NU,AU & CAD DIBS method set up....

rgds,
mymarahaba
Marahaba, you don't seem to be trading by DIBS rules. It's OK (in general), but may confuse some traders (especially new ones) who came to this thread to learn DIBS.

E.g. your DIBS indicator on EURUSD snowed "short" as the direction to trade (well, that IB was, in fact, a "two sided" one). If you did trade Short, the DIBS SL would have been hit (32-35pips). If you then traded Long, the price moved by 32-35 pips before hitting SL again. So, ONLY if you closed the whole position at that maximum peak during your second trade, you would breakeven. If you closed partially, those two trades would have resulted in a loss.

The way you present your charts seems that all your (DIBS) trades were profitable. If you use non-DIBS approach, you should be very clear about it.

I am not being critical, but just want to clarify to people who see your charts that not all DIBS trades you show could have been traded profitably. Correct me if I am wrong.
One Chart is Worth Ten Thousand Words.
  • #6,117
  • Nov 26, 2008 5:51am Nov 26, 2008 5:51am
Quoting my30marahaba
Dear Avi,

here DIBS method IB at the trigger line S&R (this the critical point...)
NzdUSD (bear and bull tug of war)...

rgds,
my30marahaba
ok, but how do you know if its up or down? use..gann priod 1 .i like your fibo indi
  • #6,118
  • Nov 26, 2008 6:34am Nov 26, 2008 6:34am
no dibs today
  • #6,119
  • Nov 27, 2008 12:02am Nov 27, 2008 12:02am
is there a .pdf .doc updated that explains this system in details? I'm asking because I'm very interested in this system and first post doesn't really seem up to date with the charts you're posting these days.
  • #6,120
  • Nov 27, 2008 12:21am Nov 27, 2008 12:21am
gj with DIBS set up

rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: DIBS method today.JPG Size: 72 KB
24 traders viewing now