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The DIBS Method... No Free Lunch continues

  • #8,741
  • Sep 24, 2009 11:07pm Sep 24, 2009 11:07pm
Quoting fxdummie
Sphinx,
how do you activate TradeHedge indi - doesn't seem to be working - can't be attached to a chart
Dear fxdummie,

Tradehedge is script, put it in experts/script folder, restart your platform and make SURE you mark ''allow live trading'' when you launch it.

when it has opened 14 orders be sure you make profit column assending (+ on top)

more you can read here http://www.forexfactory.com/showthread.php?t=107119
  • #8,742
  • Sep 24, 2009 11:30pm Sep 24, 2009 11:30pm
Sphinx,
thanks - I will read the thread you posted!

Do you know which of the DIBS indi is for 15m charts - the one I have works only on 1h as per PC rules?
Plan The Trade - Trade The Plan
  • #8,743
  • Sep 25, 2009 3:25am Sep 25, 2009 3:25am
try this, make sure in options there is true on '' work on all timeframes''

p.s. you don't have to read thread, because this strategy don't work anymore. what i do is look for strong and weak pairs. if g/u is stronger than e/u and u/j i trade g/u, in this case i also watch which is weaker (e/u or u/j) and trade it other direction. most of the time u/j is opposite g/u and e/u but NOT always
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File Type: mq4 DIBS TriggerLines v1.2a (AAD Mods).mq4   13 KB | 2,507 downloads
  • #8,744
  • Sep 25, 2009 3:34am Sep 25, 2009 3:34am
take a look at the picture all 3 trade was successfull for me. had today 5 trades 3 wins(all on u/j) 2 loss(1 g/u and 1 e/u). all i need is one profitable trade for a day. AND I DON'T TRADE ANYMORE. i love days when first trade in the orning has been positive
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  • #8,745
  • Sep 25, 2009 4:51am Sep 25, 2009 4:51am
Does anyone have any data on their trades in EURUSD in recent months, as this on (to me anyway) doesn't really seem to breakout nicely.

I think over the last 6 weeks it has only produced 95 pips from 28 trades so it would be interesting to see someone else's results to see if i'm missing something or if this is just a short term thing and over a year it will deliver a decent return.

Thanks
  • #8,746
  • Sep 25, 2009 5:40am Sep 25, 2009 5:40am
that's why i use tradeheadge script, for me i had 5 e/u trades in 2 WEEKS, a has been profitable 3 wins 2 loss e/u ISN'T market BIG mover but when i see it strong i trade
  • #8,747
  • Sep 25, 2009 5:48am Sep 25, 2009 5:48am
Sphinx,
thanks!

I will test the ind next week. You said you trade 1:1 - do you have fixed weekly/monthly goal?
Plan The Trade - Trade The Plan
  • #8,748
  • Sep 25, 2009 5:51am Sep 25, 2009 5:51am
Quoting sphinx
that's why i use tradeheadge script, for me i had 5 e/u trades in 2 WEEKS, a has been profitable 3 wins 2 loss e/u ISN'T market BIG mover but when i see it strong i trade
Thanks, just wanted to see what others thought, EURUSD looks like a lame dog compared to cable which over the same period, entering with the same criteria, mainly Hourly Dibs and some Pins would've made 1000+ pips
  • #8,749
  • Sep 25, 2009 8:00am Sep 25, 2009 8:00am
Quoting fxdummie
Sphinx,
thanks!

I will test the ind next week. You said you trade 1:1 - do you have fixed weekly/monthly goal?
I look for +1 trade per day, today was good day
  • #8,750
  • Sep 27, 2009 10:39am Sep 27, 2009 10:39am
I have spent the weekend reading the thread, taking notes, and setting my demo account up. I must have missed this or else it was never directly discussed but what is the time used for the weekly open? I am making the assumption that it is 00:00 GMT but you know what they say about assumptions.
  • #8,751
  • Sep 27, 2009 10:48am Sep 27, 2009 10:48am
Weekly?????
This is an hourly trading strategy........ best done during the london session.
Same Whore .... Different Dress
  • #8,752
  • Sep 27, 2009 11:46am Sep 27, 2009 11:46am
Quoting johnedoe
Weekly?????
This is an hourly trading strategy........ best done during the london session.
??????? Huh!

Many references are made to the weekly open amongst the 8,700+ post in this thread. How do I know? Cause I read them. But I do appreciate your detailed analysis of what the strategy is about!!!
  • #8,753
  • Sep 27, 2009 11:56am Sep 27, 2009 11:56am
Quoting YM Trader
I have spent the weekend reading the thread, taking notes, and setting my demo account up. I must have missed this or else it was never directly discussed but what is the time used for the weekly open? I am making the assumption that it is 00:00 GMT but you know what they say about assumptions.
I would view Monday 0600GMT as the weekly open, since it's the first open of the week that we trade. But really the weekly open is more of a reference for the whole week and so there should not be a big difference between Monday 0600 GMT and Monday 0000 GMT.
  • #8,754
  • Sep 27, 2009 12:17pm Sep 27, 2009 12:17pm
Quoting NowAndLater
I would view Monday 0600GMT as the weekly open, since it's the first open of the week that we trade. But really the weekly open is more of a reference for the whole week and so there should not be a big difference between Monday 0600 GMT and Monday 0000 GMT.
Thank you very much for the reply NowAndLater.
  • #8,755
  • Sep 27, 2009 5:27pm Sep 27, 2009 5:27pm
Quote
Reas
Member
Member Since Nov 2007
14 Posts

http://cdn.forexfactory.com/images/icons/icon1.gif Thanks James996
Hi James996, thanks a lot for youre comments on this thread.
I tried to PM you, but unfortunatly it doesn't seem to work.
Nothing special, just a thank you for giving back.

Appreciated!

grtz,
Reas
You are very welcomed.
  • #8,756
  • Sep 28, 2009 9:13am Sep 28, 2009 9:13am
Quoting james996
I was just outlining my past experiences about how I arrived here and offered up an open invite to all in my neck of the woods. Sorry if it came off as being snobbery.

-James
I suspect he mentioned this not to put you down but perhaps to protect. These forums are seen by thousands, and you may have given your contact details away to perverts, thieves and all sorts. It was a nice gesture to offer the contact details and very good of you to share your ideas.

Good trading
  • #8,757
  • Oct 1, 2009 2:57am Oct 1, 2009 2:57am
Rough week for IB
  • #8,758
  • Oct 1, 2009 8:56pm Oct 1, 2009 8:56pm
Hi guys,

I take E/J short from 129.96 but she looks prime for a retrace.

Took the trade late as well, so didn't get first shot at "free trade" state either.
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  • #8,759
  • Oct 4, 2009 5:00pm Oct 4, 2009 5:00pm
Where are all the DIBS traders gone?

G/J H1 IB from Tokyo open.

Buy stop * 0.2 lots at 143.01 (green line) SL 142.41 (red line). TP1: 143.61 TP2: open.

PS: That last E/J trade posted above was a loss. My fault for entering late otherwise would have been a free trade loss i.e. scratch.
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  • #8,760
  • Oct 4, 2009 5:44pm Oct 4, 2009 5:44pm
I lurrrve profit.

I am a bit busy today guys so I have taken my TP1 a bit earlier than planned at +35 and reduced my remaining lot down to make this a free trade.
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