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HouseTrader replied Jul 8, 2008Hey, Lou... Nice to see some of the most experienced traders around here! I have put some DIBS (better saying... WIBS
) setups during overnight session (Asian), mainly after the beginning of Tokyo session, but using a higher TF (for me the best ...
The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 8, 2008
Nice, Tiger... As NAL said, we are not seeing some big runners these days, so we must do our best to optimize our trading management... Once we got a free ride (that's the most important aspect... cutting the losses
) we can trail our stops ...The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 8, 2008
Sure, mate! When market is making these YO-YO dancing (as our friend Moneda call it
) a higher TF helps to filter the moves. In fact the only trade I got today was a short on U/J based on a 3H (Oanda) IB when I saw PA moving quickly down... Got ...The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 8, 2008
Hey Rusty.... I guess people are kind of disappointed with DIBS... last 2 weeks have not been very nice to DIBers
....just a few setups, lots of whipsaws and BE trades .... but... I guess last 2 weeks were a bit cruel to almost everyone ... ...The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 8, 2008
Yep, NAL.... agree with you... first signal is valid and gave a free ride... second is not a good setup anymore, cause there was a huge down move following it.... the IB means, to me, in a way that I always remember, not only "Inside Bar", but also ...
The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 8, 2008
The indicator just spares you the time, drawing automatically the daily´s open lines.... Fortunately there are too many "it's up to you" in this system, cause it is a discretionary one... It gives us really awesome entry points, but when to take ...
The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 5, 2008
Yeah, my friend... every time that I think in "improving" this method I go to this PC's post at Bemac's thread..... The method is so simple and logical that even a thick minded like me could get this rocket just by don't breaking the rules... url ...
The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 5, 2008
That's right, my friend.... nothing better than that ancient philosophy... KISS!
Cheers!The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 4, 2008
Agree! Nice point, Aud.... No intend to be offensive, but DIBS is about that old saying.... "cut the losses and let the profits run..." Sometimes you get losses... Sometimes you get a BE trade.... sometimes you are in profit and decide to ...The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 3, 2008
url Some day (when I get rid of my loooong therm beer belly) I'll have one....
Cesarnc's market talk, gossips, rumours & fun
- HouseTrader replied Jul 3, 2008
Been watching it too... "No, you talk to God, you're religious. God talks to you, you're psychotic." image
Cesarnc's market talk, gossips, rumours & fun
- HouseTrader replied Jul 3, 2008
WOW! I just have found my new idol...
Cesarnc's market talk, gossips, rumours & fun
- HouseTrader replied Jul 3, 2008
I guess traders are much more interested on dissecting every single line of Trichet's and Bernanke's speech, and searching for some "hint", than analyzing the numbers. My point, fundamentals have not changed, US economy is far from recovery.... and ...
The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 2, 2008
Oh, Damn It! I was pretty sure that was all about caipirinha.....
image Cesarnc's market talk, gossips, rumours & fun
- HouseTrader replied Jul 1, 2008
That's not fair... Maybe it's time to send this information to COPOM... perhaps then they start cutting down the interest rate???Cesarnc's market talk, gossips, rumours & fun
- HouseTrader replied Jul 1, 2008
... Or shall we already call him... St. Jarroo ???
(I hope I haven't slaughtered the language this time, Bemac .... 
mea maxima culpa!) Cheers!The DIBS Method... No Free Lunch continues
- HouseTrader replied Jul 1, 2008
Those whipsaws are inherent to DIBS, cause the market is still studying where to put the heavy-weight bets... any glimpse of surprising news causes a tsunami, every line of Trichet's and Bernanke's speech is surgically dissected in the seek of ...
The DIBS Method... No Free Lunch continues
- HouseTrader replied Jun 30, 2008
If you add some Jack Daniels to that last one how would he looks like?
image Cesarnc's market talk, gossips, rumours & fun
- HouseTrader replied Jun 30, 2008 So you are the lucky one who found it! Liking that daily pin on Japain Airlines....
The DIBS Method... No Free Lunch continues