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  • #8,441
  • Jul 28, 2009 2:10pm Jul 28, 2009 2:10pm
Ok
I think we are on different open times
On EU the 6GMT bar was Hi 1.4287, and Lo 1.4269?
The Inside Bar was at 10GMT. Right? Hi 1.4280, Lo 1.4267 . The next bar broke down all the way to 1.4221 which was already lower then the open, so short?
Rusty
  • #8,442
  • Jul 28, 2009 2:17pm Jul 28, 2009 2:17pm
How is this system working for you has anyone some results for me or mt4stats?
  • #8,443
  • Jul 28, 2009 2:48pm Jul 28, 2009 2:48pm
Quoting john225
How is this system working for you has anyone some results for me or mt4stats?

Have not gone live yet. But in demo, and paper trading it looks good. Sorry I don't have any other results.

Rusty
  • #8,444
  • Jul 28, 2009 2:50pm Jul 28, 2009 2:50pm
Quoting rusty105
Ok
I think we are on different open times
On EU the 6GMT bar was Hi 1.4287, and Lo 1.4269?
The Inside Bar was at 10GMT. Right? Hi 1.4280, Lo 1.4267 . The next bar broke down all the way to 1.4221 which was already lower then the open, so short?
Rusty
I think you are 1 hour ahead, BST is complicating this.. But like PC said if you are wrong 1 hour because daylightsavings thats not a problem, furthermore dailyopen is almost everyones individual choice. Hope i´m ok with this and not messing your things up.

Nuclear
  • #8,445
  • Jul 28, 2009 2:54pm Jul 28, 2009 2:54pm
Quoting nuclear62
I think you are 1 hour ahead, BST is complicating this.. But like PC said if you are wrong 1 hour because daylightsavings thats not a problem, furthermore dailyopen is almost everyones individual choice. Hope i´m ok with this and not messing your things up.

Nuclear
i might be, but it could have been good for 75+ pips

Rusty

ps that is why I specify GMT after my times, GMT does not change, nor does UTC (as I recall)
  • #8,446
  • Jul 29, 2009 4:37am Jul 29, 2009 4:37am
New day new IBs, GBPUSD double IB is interesting, what do you think?
Hope you have a great day all, keep it simple
Nuclear
  • #8,447
  • Jul 29, 2009 9:39am Jul 29, 2009 9:39am
Quoting gez40
Nice trade on the eurgbp this morning, shame i was still in bed with a migraine, hope you all caught though.

Gez.
Hi Gez,

This is just a regular inside bar breakout trade and not a DIPS. Wasn't watching this at all as GU and EU had my full attention.

Z
  • #8,448
  • Jul 29, 2009 11:14am Jul 29, 2009 11:14am
Quoting gez40
Hi Z

Not sure why mate but i seem to do better trading IB`S than DIBS.

Gez
Looking at your postings you seem to have a very good grasp of trading Inside Bars. If it works, don't change it.

Z
  • #8,449
  • Jul 29, 2009 12:20pm Jul 29, 2009 12:20pm
Quoting zuret9
Looking at your postings you seem to have a very good grasp of trading Inside Bars. If it works, don't change it.

Z
Cheers Z
Seek not to change the world; seek only to change your mind about the world
  • #8,450
  • Jul 29, 2009 1:04pm Jul 29, 2009 1:04pm
Damn that EU 5GMT IB trade would have been profitable.. I didn´t get it, i got stopped out with GU lol..

Nuclear
  • #8,451
  • Jul 29, 2009 2:15pm Jul 29, 2009 2:15pm
Quoting gez40
Hi Z

Not sure why mate but i seem to do better trading IB`S than DIBS.

Gez
I agree, I trade it on the m15 regardless of direction and it has a pretty high hitrate. I take what I see.
"Diversification is an excuse for a lack of talent" ~FXC
  • #8,452
  • Jul 29, 2009 3:08pm Jul 29, 2009 3:08pm
Quoting FXCapitalist
I agree, I trade it on the m15 regardless of direction and it has a pretty high hitrate. I take what I see.
Great statement FXCapitalist...always take what you see. Seems you've also found a way of trading IBs that suits you.

Z
  • #8,453
  • Edited 8:16pm Jul 29, 2009 8:05pm | Edited 8:16pm
Hi guys,

Have been following this thread for sometime and have understood how it works and the method seems interesting in my backtest in my Metatrader EA that I coded.

I would like to do a compliation of the different things that you guys have gathered in your experience in trading DIBS and compile these into a EA so that I can freely distribute to you all

Please drop me an email at [email protected] on the FEW MAIN Factors you have found useful in increasing the profitablility of this system
Example: I use a Weekly Filter on top of the Daily filter to filter out my trades in DIBS.

and I will compile them and drop all that have helped in this project the EA in about a weeks time after I have fully coded it for you all to help me debug any errors

Hear from you soon.

P.S. Just to clarify, I will only send the completed EA to those that have contributed to this project so as to be fair to those that have contributed. Thank you
  • #8,454
  • Jul 30, 2009 2:29am Jul 30, 2009 2:29am
Yeah gez. I'm glad it worked out for you.

Nothing to do with the original strategy though!
Gone to a better place
  • #8,455
  • Jul 30, 2009 4:00am Jul 30, 2009 4:00am
Quoting smikester
Yeah gez. I'm glad it worked out for you.

Nothing to do with the original strategy though!
Care to explain...
Seek not to change the world; seek only to change your mind about the world
  • #8,456
  • Jul 30, 2009 4:55am Jul 30, 2009 4:55am
good dibs method
Attached Image (click to enlarge)
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  • #8,457
  • Jul 30, 2009 4:59am Jul 30, 2009 4:59am
Quoting forexlover1
Hi guys,

Have been following this thread for sometime and have understood how it works and the method seems interesting in my backtest in my Metatrader EA that I coded.
Member since July 09 with 1 post and you've been a follower for a long time eh? And already got an EA worked up?
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #8,458
  • Jul 30, 2009 5:34am Jul 30, 2009 5:34am
Quoting my30marahaba
good dibs method
Hi my30marahaba,

Why did you place your buy order at that level? Am i reading your chart wrong?

Z
  • #8,459
  • Jul 30, 2009 5:40am Jul 30, 2009 5:40am
Quoting zuret9
Hi my30marahaba,

Why did you place your buy order at that level? Am i reading your chart wrong?

Z
Nobody really knows why my30marahaba does what he does, but he knows what he is doing and probably making a killing in the market. Watched his posts over the years...
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #8,460
  • Jul 30, 2009 6:34am Jul 30, 2009 6:34am
Quoting LasVahGoose
Nobody really knows why my30marahaba does what he does, but he knows what he is doing...
Thanks LasVahGoose, it's just that his point of entry is not in line with a valid DIBS entry!

Was just wondering why he would want to give so much away before jumping on board! I guess he was playing it safe and waiting for the swing highs to be cleared!

Z
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