DislikedI'm feeling happy. I just had a great trade and it happened so fast. Got to my desk at 0700 London time. By 0745 I was mostly out of a super trade. I thought I shall give some examples how I trade this method.
Firstly, I have system A and system B and I don't work in 1/2's I work in 1/3's. System A exits 2/3's of position when I reach Risk x 3. System B exits 2/3 when I reach Risk x 1. When I feel confident about my position or it has a greater edge according to my records I use system A. When the position is taken and its not the best position...Ignored
This is the beauty of the DIBS method. Its a method, not a strict system where the rules must be followed or it will not work. Your post here proves that. Well done.
The DIBS Euro trade, I saw it off a Daily and Weekly PPZ.
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Indicators show the past. Price Action "Indicates" the future.