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The DIBS Method - No Free Lunch Returns 13 replies

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Attachments: The DIBS Method... No Free Lunch continues
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The DIBS Method... No Free Lunch continues

Quoting njokie
{quote} i see you use a different open line

Exactly 6 AM GMT (Broker time -2)
"Let us strive to be more parents of our destiny than children of our past"
Quoting kaltrax
{quote} Exactly 6 AM GMT (Broker time -2)


i now agree with dustbin this 0600gmt is a real puzzle
thankyou gregwilson
usd/chf free trade
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thankyou gregwilson
another free trade usd/jpy
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thankyou gregwilson
Quoting j4d
{quote} Hey hornet...take a look at this post http://www.forexfactory.com/showthre...47#post6848947 DibsV1.0 is probably what your after..
thanks
The quality of your life is brought about by the quality of your thinking.
Quoting njokie
another free trade usd/jpy
Very good trades njokie!
Quoting hornet
{quote} thanks
I'm using from this post:

http://www.forexfactory.com/showthre...82#post3007282

I wonder which one should be used for profitable trades only...
Quoting Hins
{quote} Very good trades njokie!

Thankyou Hins...the real work is exits
thankyou gregwilson
what is the consensus on exits?
Quoting faroutxxx
what is the consensus on exits?


developinga robust trailing method that helps you let your winners run
thankyou gregwilson
Are any of you guys located in the US and trading this method regularly? PC is right that the time zone makes it difficult.

I am trying to do this on the daily timeframe, but I'd really like to figure out a way to do it how PC suggested, on the hourly charts. Due to my day job, there's no way I can stay up from midnight until 7am ET, and then go to work from 8am-5pm. I was trying to figure out if there's a way I could get a notification sent to my cell phone when an IB appears so I can wake up in the middle of the night to enter the orders. Do any of you US guys have a creative way to make it work, or are you just sitting in front of the screen from midnight to 7am?
@relyt: You might also consider the H8 and H4 timeframes.
Maybe you use the Japanese open and/or the US open only trading the those pairs?

Here is one, now I think it is time to go to sleep..........Zzz
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USD/JPY has a good one, short, i had long PO's and did not put short PO's. oh well, what an idiot.
"...Look for 5:1 RR. I can be wrong 8/10 time yet I'm not gonna lose" PTJ
Quote
"...Look for 5:1 RR. I can be wrong 8/10 time yet I'm not gonna lose" PTJ

By this alone I know without doubt you are on the right path..
UJ & GJ 1:1 locked
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"Let us strive to be more parents of our destiny than children of our past"
EU playing contradictions, . NO IB , no setup. It could be go wrong. Enter by other requirements. So it's only a lucky trade.
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"Let us strive to be more parents of our destiny than children of our past"
EU free trade by the rules, but playing whith my previous orders.

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"Let us strive to be more parents of our destiny than children of our past"
eur/usd free trade, gbp/usd stoploss hit
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thankyou gregwilson
Quoting njokie
eur/usd free trade, gbp/usd stoploss hit {image} {image}
I cheated a little this time . I kept the sell stop price as 2 pips instead of 1 (for the gbp/usd). I didn't get into the trade but I haven't been stopped as well. I think the market is waiting for the US unemployment claims to roll in before it makes a decision up or down although I could be totally wrong.
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