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johto replied Nov 19, 2008Pick your sides
image "Pigs Get Slaughtered"Auslanco - GBP/JPY and GBP/USD (newstrade)
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johto replied Nov 19, 2008Yes, your setups seems fine. This fast spike happened on all major pairs. I was already on a GJ long from the mornings (london open) IB, so i did not do anything or add any positions, it has been up to 300+ pips and i havent yet taken any profits. I ...
The DIBS Method... No Free Lunch continues
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johto replied Nov 19, 2008Position opened also on USDCHF: image
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johto replied Nov 19, 2008What? Just follow the DIBS, thats all man! Read this whole thread for starters
Sure there are not much longer winner runners because its ranging, but at least you break even if you follow DIBS method. You could also take partial profits like ...The DIBS Method... No Free Lunch continues
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johto replied Nov 19, 2008Same here, i got on those too. Both GJ and GU, Free trading now.
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johto replied Nov 18, 2008I got stopped on both trades(gbpusd and usdchf) after couple hours when it retraced, but i got 2/3 profits before so no losses. No open positions this time. lets see what happens tomorrow.
The DIBS Method... No Free Lunch continues
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johto replied Nov 18, 2008Ok, but i dont "expect" anything, nobody can see the future. Most important is that the trade is already "free", so i will let it run or hit the initial stop. In my opinion, letting it run for long is very important aspect of DIBS methods. The few ...
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johto replied Nov 18, 2008Entered on usdchf long, hour ago, already in a "free trade mode"
Also one position on gbpusd(used 4gmt bar), not a free trade yet, needs to go 33+ pips for that. edit: Just closed 2/3 of the gbpusd at 30+ pip, so now its also a free trade. image The DIBS Method... No Free Lunch continues
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johto replied Nov 17, 2008I follow peter's rules and not trade after 9-10 hours is passed. Also not before 6gmt either(usually). He said its the volatility which is best to have maximised when trading. There is always another day, but good luck if you are entering on usdjpy! ...
The DIBS Method... No Free Lunch continues
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johto replied Nov 17, 2008Nice results my30marahaba. I have no longer trades open and todays first USDJPY just hit the stop loss. There will be others, patience is key

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johto replied Nov 17, 2008Yes, but if following DIBS rules, your direction is which side the price is howering compared to the 6gmt price. You are right about the overall trend being down, but you never know when the main trend will change, and by DIBS rules, you are mainly ...
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johto replied Nov 15, 2008No. They have their own Java client. I suggest you to learn it by using first demo account. Its good enough. Another plus is, it works on any OS supporting Java(unix,linux,windows,osx..) Oanda is good because you can limit your risk very precise ...
MT4 Brokers' Virtual Dealer Plug-In
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johto replied Nov 11, 2008Good for you. I was greedy and did not take my winnings on a undercapitalized MINI account. I mean, i had floating profits of 50% of my whole balance and still did not take it!
This is why i will transfer most of these remaining money to a micro ...The DIBS Method... No Free Lunch continues
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johto replied Nov 11, 2008Urgh, i entered 20 pips late on GBP/JPY, then when it was about +50 i put it on BE+1 pip. I only entered with one mini lot so i had to move stop to BE. Now it hit back on the stop. Oh, well..i could have taken profits when it was +70 pips, but you ...
The DIBS Method... No Free Lunch continues
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johto replied Nov 9, 2008Ok, but imho, there is nothing wrong on being one hour too early. Better early than late!

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johto replied Nov 7, 2008Oanda users — Hello. I am planning to use this strategy on Oanda's platform. Can somebody point me to a "DIBS indicators" for Oanda? I know there's a option to use MT4 and manually draw lines, but indicators would be better. Where and how to ...
The DIBS Method... No Free Lunch continues
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johto replied Nov 5, 2008Ok, it retraced 100% back so i won 1 pips!

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