No. The "day" changes at 6gmt(european morning). This is the price that tells which way to trade the next 9-10 hours, up or down. Lets say for example that clock is 9gmt amd there was a IB at 7gmt ..now the price is breaking up of the bar, AND the ...

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Nice ! I have a dilemma, while GBPJPY is rising, my open position on USDCHF is falling...they correlate currently opposite so not so much profits. Still, i will not close and take any profits, i'm willing to be break even or longer daily ...

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Both USDJPY and GBPJPY now as free trades

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Think it as learning to "trade" in general. Trading will always stay.

Is the future of a Forex trader secure?

Well, If you read the Peter's posts, you will find out he's been using it 15 years ..so This method WILL work if you use proper money / trade management. Many small losses, but the good long winners are bigger. "Only loosers are afraid ...

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I dont see DIBS on EJ. And the recent possible dibs on GU hasnt yet triggered(long), and just now it went down...are you GU long?

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I break even too on usdjpy. The yesterdays usdchf is still on with 130+ and i just opend another usdchf long same direction, lets see if it keeps going up. Also just opened usdjpy long, even thou the "main trend" is down, but i play with daily ...

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Hmm, seems you are taking those trades earlier than 6gmt("todays" price line yet not confirmed). This conflicts with the rules. But hey, what ever works for you

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USDJPY retraced back 100% and closed break even. I opened instantly the short side of the same IB, it penetrated 95.50 and now free trade again and this time with the long term trend image

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This is one of few questions I have not yet figured...opinions are welcome!

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See USDCHF. And you never know when the major trend is going to change

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Let the winners RUN! Thats the big idea of this method. It would be ideal to catch a longer run and then trail it using dailys / weeklys. Can you imagine having many runners alligned with a strong trend Low(free) risk entry and unlimited ...

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USDCHF dibs trade seems to work too, i entered hour ago, and now it seems to breakout ! edit: Its nice when it works like it should: image Free trades are nice

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Its higher than the previous, just a tad! So no IB.

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USDJPY is cooking! I entered on it already some hours ago, now there is another IB formed: image 14 pips away from a free trade. edit: ok, now its free trade...

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Not a valid DIBS

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Valid IB's are calculated containing the wicks too ! Bar's high and low range, not just open and close. On your chart picture, last valid IB is on your marked vertical line at 6gmt!

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NO. Please read this thread again! You put the horizontal line on the 6gmt bar open, this is your "line", You only take positions long if the price is up from the line, short if down from the line. Only open positions with breakout of 1H IB's during ...

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Yes your right, my30marahaba is trading something other that dibs No setups DIBS setups yet. Btw, you draw your "beginning of day" wrong, its supposed to be 6gmt(2 hours before London opens), which was 45 minutes ago!

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How come you are already with positions? I dont see any IB's on your chart that qualify as DIBS

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