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The DIBS Method... No Free Lunch continues

  • #6,221
  • Dec 9, 2008 2:29pm Dec 9, 2008 2:29pm
Quoting my30marahaba
hi all,

look at at the GU formation A and B is repeated formation fantastic....

GU i'm looking for long entry......

brgds,
my30marahaba
That's what I mean: those two setups shown by my30 look similar, but they have little in common apart from some general (generic) shape. Have a look at PA at both swings with each formation and you'll see the difference.

Unless my30 can elaborate on what he saw and how he interpreted, it's easy to fall into the trap of "Wow! That shape looks like that, so that's what gonna happen next!" And then what's gonna happen next is not gonna be nice
One Chart is Worth Ten Thousand Words.
  • #6,222
  • Dec 9, 2008 5:19pm Dec 9, 2008 5:19pm
Quoting Forex007
As for my30, perhaps it's best he starts his own thread as his posts are confusing for anyone who is after "plain" DIBS.

Not all IBs are equal, as PC said, and I guess many people are looking for ways to filter the bad ones out. Each has his/her own approach.
I agree. As a relative newcomer to this thread, I look forward to Jaroo's posts so I can learn. my30 has changed the parameters to meet his style but can be very confusing
Trade what you see, not what you think.
  • #6,223
  • Dec 9, 2008 8:55pm Dec 9, 2008 8:55pm
Quoting maestr2
I agree. As a relative newcomer to this thread, I look forward to Jaroo's posts so I can learn. my30 has changed the parameters to meet his style but can be very confusing

no offense i like my30's post as well as the challenge to figure out a chart full of indies.... instead of a clear triggger line on a naked chart....but the breakouts are clear nevertheless. But price action, the IB's and the trading time are key so those who go back and understand the original rules..read over a few times they are all summarized as well as PC's stuff.... should be clear on it.
  • #6,224
  • Dec 9, 2008 9:46pm Dec 9, 2008 9:46pm
There is nothing clear about my30s chart........ gives me a migrane...
Same Whore .... Different Dress
  • #6,225
  • Dec 9, 2008 11:29pm Dec 9, 2008 11:29pm
Quoting johnedoe
There is nothing clear about my30s chart........ gives me a migrane...
my30 is doing a lot of work and deserves his own thread devoted to his style. DIBS, as we study it here, is simple and uncomplicated.
  • #6,226
  • Dec 9, 2008 11:47pm Dec 9, 2008 11:47pm
Quoting billflet
my30 is doing a lot of work and deserves his own thread devoted to his style. DIBS, as we study it here, is simple and uncomplicated.
I agree with you
Same Whore .... Different Dress
  • #6,227
  • Dec 10, 2008 5:41am Dec 10, 2008 5:41am
hi all,

gj nice set up with dibs mtd...

brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: gj.JPG Size: 167 KB
  • #6,228
  • Dec 10, 2008 6:18am Dec 10, 2008 6:18am
Quoting my30marahaba
hi all,

gj nice set up with dibs mtd...

brgds,
my30marahaba

what do u thinK of this one?
Attached Image (click to enlarge)
Click to Enlarge Name: 0.gif Size: 15 KB
  • #6,229
  • Dec 10, 2008 10:31am Dec 10, 2008 10:31am
Quoting ezz
what do u thinK of this one?

good plan but pa with the opposite direction
here the chart

brgds,
my30marahaba
Attached Image
  • #6,230
  • Dec 10, 2008 7:02pm Dec 10, 2008 7:02pm
Hi all,

just share with you all,
look at the GU - 1hr chart this is my opinion of the gu PA on this end of the week, i'm waiting for the swing high of this GU. the overall formation looks like SHS now where the top of right shoulder....?

all the entry we are using Dibs Mtd
Your comment and advise on this gu is very much appreciated for me...

brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: GU.JPG Size: 184 KB
  • #6,231
  • Dec 10, 2008 9:26pm Dec 10, 2008 9:26pm
Quoting my30marahaba
Hi all,

just share with you all,
look at the GU - 1hr chart this is my opinion of the gu PA on this end of the week, i'm waiting for the swing high of this GU. the overall formation looks like SHS now where the top of right shoulder....?

all the entry we are using Dibs Mtd
Your comment and advise on this gu is very much appreciated for me...

brgds,
my30marahaba
here the updated.....


brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: GU2323.JPG Size: 171 KB
  • #6,232
  • Dec 10, 2008 10:20pm Dec 10, 2008 10:20pm
Quoting my30marahaba
here the updated.....


brgds,
my30marahaba
hi all,

here my pending DIBS mtd entry long at 1.4880 Sl 1.4800 (observe your SL)

Brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: GUDIBSmtd.JPG Size: 169 KB
  • #6,233
  • Dec 10, 2008 11:11pm Dec 10, 2008 11:11pm
my30......
as has been mentioned here before .... I agre you are putting alot of work into your trades BUT your system is not inline with the DIBS no free lunch system...
the charts you post are cluttered and unclear as to whatever it is your trying to convey..... It would be in everybody's best interest for you to open your own thread rather than trying to hijack this one....
I mean no disrespect here, I would just like to see this thread maintain it's DIBS no free lunch simplicity and integrity.
Same Whore .... Different Dress
  • #6,234
  • Dec 10, 2008 11:36pm Dec 10, 2008 11:36pm
Quoting johnedoe
my30......
as has been mentioned here before .... I agre you are putting alot of work into your trades BUT your system is not inline with the DIBS no free lunch system...
the charts you post are cluttered and unclear as to whatever it is your trying to convey..... It would be in everybody's best interest for you to open your own thread rather than trying to hijack this one....
I mean no disrespect here, I would just like to see this thread maintain it's DIBS no free lunch simplicity and integrity.
This has become my30's trading journal.
"Put all your efforts in becoming effortless"
  • #6,235
  • Dec 10, 2008 11:39pm Dec 10, 2008 11:39pm
Quoting johnedoe
my30......
as has been mentioned here before .... I agre you are putting alot of work into your trades BUT your system is not inline with the DIBS no free lunch system...
the charts you post are cluttered and unclear as to whatever it is your trying to convey..... It would be in everybody's best interest for you to open your own thread rather than trying to hijack this one....
I mean no disrespect here, I would just like to see this thread maintain it's DIBS no free lunch simplicity and integrity.
hi johnedoe,

look at my today entry i'm using dibs mtd see very clear to use dibs mtd
the others is my ftt ...... from yesterday entry

brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: DIBS mtd.JPG Size: 169 KB
  • #6,236
  • Dec 10, 2008 11:53pm Dec 10, 2008 11:53pm
Quoting my30marahaba
hi johnedoe,

look at my today entry i'm using dibs mtd see very clear to use dibs mtd
the others is my ftt ...... from yesterday entry

brgds,
my30marahaba
hi all,

here GU with DIBS mtd

brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: DIBS Mtd.JPG Size: 172 KB
  • #6,237
  • Dec 10, 2008 11:54pm Dec 10, 2008 11:54pm
Here is one of the original DIBS charts..... clean simple and UNCLUTTERED...... your chart gives me a migraine......
http://img370.imageshack.us/img370/4...capturetd8.png

Now I don't mean to be rude BUT you really should start your own thread and those that want to follow your style can.... in the meantime I will just place you on my ignore list and will make no more posts to you or about you because I won't be able to see you.
Same Whore .... Different Dress
  • #6,238
  • Dec 11, 2008 6:12am Dec 11, 2008 6:12am
gj dibs mthd


rgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: gj.JPG Size: 107 KB
  • #6,239
  • Dec 11, 2008 6:28am Dec 11, 2008 6:28am
Quoting my30marahaba
gj dibs mthd


rgds,
my30marahaba

here the updated gj in few menit price move down

green pips....

brgds,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: gj1.JPG Size: 129 KB
  • #6,240
  • Dec 11, 2008 6:41am Dec 11, 2008 6:41am
Quoting johnedoe
Here is one of the original DIBS charts..... clean simple and UNCLUTTERED...... your chart gives me a migraine......


Now I don't mean to be rude BUT you really should start your own thread and those that want to follow your style can.... in the meantime I will just place you on my ignore list and will make no more posts to you or about you because I won't be able to see you.
Obviously, he doesn't understand or care.
"Put all your efforts in becoming effortless"
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