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Trumpcard replied Jun 24, 2008This just seems so easy. Following PC's rule of usually exiting half the trade at 1:1 and trailing the other half is such a simple profitable way to trade.
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Trumpcard replied Jun 24, 2008Regarding 4hr I sometimes place a straddle and most of the time only 1 side breaks out. Other things I look at are recent price action, whether the daily is trending or not (trending up leads to a long bias), whether price is ranging, often see IB's ...
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Trumpcard replied Jun 24, 2008For those who look at the 4hr charts, there was a perfect setup on Swissy to go short. IB with a low of 1.0451 formed on the downward sloping trendline. Price broke the low then retraced a bit but never reached the IB high, then down she fell. Good ...
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Trumpcard replied Jun 24, 2008thanks Jim, you set the standard in here as far as I'm concerned with your dedication to DIBS!
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Trumpcard replied Jun 24, 2008E/J 4hr IB break screaming away riding the uptrend...
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Trumpcard replied Jun 24, 2008my euro trades stopped out for nice profits
set a buy stop on GBP/JPY 4hr before going to bed. Just got back from the day job and am up +75! I could have got an even better entry on the next bar AND could have also traded the 2bar high to add to ...The DIBS Method... No Free Lunch continues
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Trumpcard replied Jun 23, 2008Euro hourly DIBS trade shaping up, 3rd one today
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Trumpcard replied Jun 23, 2008Swissy 4hr. Risk to reward 1:4 and 1:5
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Trumpcard replied Jun 23, 2008If Mondays keep working out so well, in time could be able to take the rest of the week off!
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Trumpcard replied Jun 23, 2008there's been some unbelievable setups today!
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Trumpcard replied Jun 23, 2008I love it! — and off the 61 fib too
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Trumpcard replied Jun 20, 2008that's really great, thanks NAL!
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Trumpcard replied Jun 20, 2008hourly IB on USD/CAD, price sitting on support and day's open, forming a symmertrical triangle last few hours, price could break either way, but I'm leaning to the downside as the 4hr trend is down and the daily uptrend has been broken. Have a good ...
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Trumpcard replied Jun 20, 2008which leads me to think whether it would be helpful to have some little indicator thing simply stating where price is, something like: Day: UP Week: DOWN Month: DOWN so that when you have day and at least week in agreement, perhaps you have a ...
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Trumpcard replied Jun 20, 2008perhaps the e/j trade is also helped by price being up on the week's open and the month's open and in fact in a strong uptrend...
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Trumpcard replied Jun 20, 2008no prob Andrew! wish I'd taken the trade, didn't get home in time
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Trumpcard replied Jun 20, 2008Anyone catch the E/J and GBP/CHF trains? I didn't but they're also doing nicely.
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Trumpcard replied Jun 19, 2008Hi Tiki, would there be a TT5 Cable trade in the making with price at 1.9692?
Tiki Trader Trades
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Trumpcard replied Jun 19, 2008yes he did, but he also added something along the lines of whatever trailing stop mechanism he's using to trail the remaining trade. DIBS is largely a discretionary system, which is where the real skill is.
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