Was this playing off of hourly charts?

The DIBS Method... No Free Lunch continues

If you aren't going to post the exact rules that you followed, why bother wasting your time posting here at all You are essentially saying "Trust Me" without really giving anyone any reason to trust you. You follow PC's rules? Really? So what sort ...

The DIBS Method... No Free Lunch continues

Perspective — I think some "traders" need a little perspective. first of all, if a professional money runner turns 15 to 20 points a year, he is a rock star. Chances are, he or she is not day trading. Do you really think there are all these ...

The DIBS Method... No Free Lunch continues

With out know more about the parameters of your back test, I really can't comment on your outcomes, especially since I have seen people misinterpret and bastardize these simple rules into something that is unrecognizable. Most people have trouble ...

The DIBS Method... No Free Lunch continues

that's how PC uses it but the sign of any robust system is that it can be used on different time frames. The larger the time frame you use, the less important daily variation in liquidity get. Technically, the name of what PC uses should be HIBS - ...

The DIBS Method... No Free Lunch continues

The problem with playing the smaller time frames is that you have to be there all the time to take all the entries, otherwise the statistical model falls apart, unless of course you have built your model using only specific time frames, I just found ...

The DIBS Method... No Free Lunch continues

You need to understand more than just the entry signal to make this work for you: 1. You have the entry signal down. The truth is the particular "signal" you use is irrelevant as long as it occurs infrequently as to prevent over trading. you dont ...

The DIBS Method... No Free Lunch continues

Sorry in advance, I'm not doing your testing for you. Everything you need to know is on this thread - I've even spelled it out in terms my 6 year old can understand. I figured it out and so can you. I've put everything I do out here in various ...

The DIBS Method... No Free Lunch continues

gotta disagree with you. trading is never personal - its all mathematical understand how the math works and you will be profitable. What you or anyone else "thinks" doesnt matter.......its all what you can prove thinking will always get you in ...

The DIBS Method... No Free Lunch continues

really? you're really asking that? here? seriously..........

The DIBS Method... No Free Lunch continues

exactly. You just need a mechanism for keeping you in the trades. You could easily do the same by saying once I get my entry signal, I will hold every profitable trade for 37 days or until it hits its stop loss or I buy at the highest high for the ...

The DIBS Method... No Free Lunch continues

if you look at all the cutting edge research, you should know that a triple weighted exponential moving average that has been smoothed by a 3rd degree derivative of the average 10 day volatility works the best.

The DIBS Method... No Free Lunch continues

anyone still working the short — side of the USD/Yen Still short 3 positions of various sizes on the yen....starting on june 17...have had a few positions that got taken out along the way - sitting with about 1600 gross pips on this trend ...

The DIBS Method... No Free Lunch continues

one year does not a system make. A year is 52 trades per pair.......hardly a large enough sample to determine a mechanical system's profitability. I have been playing for the last 40 some odd weeks and am down as well. The only way I am considering ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

dont care about the open of the week for this method Go long above the moving average, short below it..........its all been written before

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Pair doesnt matter.........a trend is a trend is a trend.......could be us/yen, SP500 or cow poop....... if you can trade it, it can trend

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I dont close @ 1:1 anymore. based on my back testing this, combined with a fixed fractional approach was the most profitable. I size so that each position is no more than 2% of my account balance

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I tried that for a while too............. then I just started trading off the dailies...........and life became much simpler

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Looks like someone finally gave up try to hold the USD/YEN@ 87...... Still short 3 positions of various sizes........up about 1700 pips or so I have a long on the G/U as well was up about 500+ pips on that But at the end of the day the only thing ...

The DIBS Method... No Free Lunch continues

Its not just about holding.....it's knowing how to build on additional positions and holding those. If you don't build positions, the math will not work in your favor. Backtesting is all well and good, but you really don't get the experience of ...

The DIBS Method... No Free Lunch continues