Ya, I didn't figure an hour deviation would amount to a hill of beans....plus, I compared the 0:00 EST open with peter's suggestion of the 01:00 EST, and price seemed to react more to the former than the latter....so I'm gonna stick with it. ...

The DIBS Method... No Free Lunch continues

Pound has been a beast, especially since Brexit....but the DIBS king of 2016 is no doubt the Japanese Yen....tons of monster trades....some you could have rode to huge profits. Question: what open do you guys use for the DIBS 24 hour line? I know ...

The DIBS Method... No Free Lunch continues

It's looks like the bottom and middle lines are the high and low of the inside bar. The third one at the top....could that be the high from a 4 or 8 hr inside bar?

The DIBS Method... No Free Lunch continues

Makes sense, but what about the three dotted lines?

The DIBS Method... No Free Lunch continues

url I noticed that inside bar was right on the end of a bull flag. And Peter said that he liked to use pennants. Maybe using these two together increases the odds of success.

The DIBS Method... No Free Lunch continues

Anybody know what this is on Peter's chart? I put a white circle around it. Three dotted lines with a yellow anchor connecting to the moving averages.

The DIBS Method... No Free Lunch continues

Thinking about this some more, PC mentioned existing trade when a reversal inside bar appeared......but what would be your entry? Perhaps a continuation inside bar...located in a strong uptrend or downtrend. These could be the answer to the question ...

The DIBS Method... No Free Lunch continues

I have a similar setup with Thinkorswim.....the problem though is sometimes breakouts take place very quickly in less than 1 min....in that situation, an alert doesn't really do you much good. As such, I prefer to manually check each 1 hour bar ...

The DIBS Method... No Free Lunch continues

Inside bars come in different shapes and sizes....the smaller ones during the heaviest volume (key, otherwise a small bar is due to iliquidity) would represent the most compression and potentially lead to the strongest breakout...like say a doji ...

The DIBS Method... No Free Lunch continues

Crowns' statement about "not all inside bars being the same" suggests that there is a further way of refining your trades which will increase the likely hood of them being successful. Moving averages may be the additional X-factor.

The DIBS Method... No Free Lunch continues

For longer term trades, you could and probably should only take longs during uptrends and shorts during downtrends....buying the strongest markets and selling the weakest ones. However, you could also take both along the way and just hold them for a ...

The DIBS Method... No Free Lunch continues

Ok, thanks.....back to PC and his comment "not all breakouts are the same. I know which breakouts have 2 - 5 times the edge of similar-looking breakouts others take, get frustrated with, and likely lose money trading if they don't have perfect ...

The DIBS Method... No Free Lunch continues

I haven't yet input the data into a spreadsheet....just have notes on my charts for the past year....visually though, I believe that using the sma's as an additional filter is superior to exclusively using the prior days close for determining your ...

The DIBS Method... No Free Lunch continues

Nice quote, that's exactly what I was referring to in fact when I brought up Peter's final post which includes the image with the 72 and 90 sma. I don't believe this was a coincidence. I think he was trying to tell us something. Previously, he ...

The DIBS Method... No Free Lunch continues

Too many problem trades though and you go broke as I'm sure has happened to a lot of would be DIBS traders in this thread over the years. Forex markets today don't trend as much as they did prior to the crash in 2008. Things have changed, so I feel ...

The DIBS Method... No Free Lunch continues

Aside from only going long when price is above the prior days close, and vice versa for shorts, anybody use additional filtration methods for weeding out potentially bad trades? I noticed that in Peter's final post he was using the 72 and 90 smas, ...

The DIBS Method... No Free Lunch continues

Haha, yeah I forgot about volume with Forex pairs, as in, there typically is no volume on display. 20% gap down by the Swiss Franc earlier this year made me wary of trading pairs. So now I only trade FX via futures contracts, which is a little safer ...

The DIBS Method... No Free Lunch continues

What kind of trailing mechanism do you prefer to use for your profit targeting? Key levels of support and resistance? As of late, I've been using Acceleration Bands (similar to Bollinger Bands) and taking profits with a touch of the upper or lower ...

The DIBS Method... No Free Lunch continues

dim4ik42, nice job summing up DIBS. In your experience, would you say that some inside bar breakouts are more effective than others? For example, my favorite are continuation inside bars that occur during a strong intraday uptrend or downtrend. A ...

The DIBS Method... No Free Lunch continues

Jeebus, only four pages for the most heavily traded commodity in the world! But I guess this place is primarily about Forex after all, so, I suppose the lack of interest shouldn't come as a shock. For those few who do seem to be interested in crude, ...

WTI Crude Oil Trading