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verno replied Jul 27, 2008My view is that the people who make money from Dibs have developed a method to filter their trades. I myself am still developing my filter and I am only trading very small size when my day job allows. However I am slightly in profit. What I have ...
The DIBS Method... No Free Lunch continues
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verno replied Jul 8, 2008I haven't been on here much recently as the markets have shown few setups and generally what trades I have taken haven't been good. I came back to see if other people were finding it tough, so thanks to those who have posted. I think the positives I ...
The DIBS Method... No Free Lunch continues
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verno replied Jun 13, 2008I personally didn't take the GU trade but took an EJ short. The reason I did this was on GU there was lots of support across daily, 4 hourly and hourly. On EJ the support was really mainly on the hourly rather than crossing a number of periods, so I ...
The DIBS Method... No Free Lunch continues
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verno replied Jun 13, 2008Yep I took the Eur 4 hour but was pretty cautious with it due to the location of the support. I have declined the GBP setup because of the support in that market.
The DIBS Method... No Free Lunch continues
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verno replied Jun 12, 2008HT, I am in a similar situation. I have a day job but I love trading. I actually did it for a living for a while, part success and part not so successful. However I find I just can't stay away from the markets. I really like DIBS because with some ...
The DIBS Method... No Free Lunch continues
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verno replied Jun 6, 2008I am not sure of other peoples views but is that IB not a bit too far in the past. Additionally it was broken to the upside and this is the direction I would have looked for the trade given the general direction of the trend. Is there any unwritten ...
The DIBS Method... No Free Lunch continues
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verno replied Jun 6, 2008there was an IB on GU but it stopped me out unfortunately. Currently still in UJ and watching EU for a setup. Good luck everyone.
The DIBS Method... No Free Lunch continues
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verno replied Jun 2, 2008Edwinnk, my view is that 2-3 pips is probably still ok. I base this on the fact that the resistance or support held, particularly if the range for that hour is pretty small. Not sure what other peoples views are on this. I would possibly be more ...
The DIBS Method... No Free Lunch continues
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verno replied Jun 2, 2008yeah, I saw 3 IBs today, GBPUSD, USDJPY and USDCHF. I got stopped on GBP but the others worked fine. The CHF was actually my favourite as it clicked in on the break of a mini trend line as well. See attached (looking at the chart I see one I missed ...
The DIBS Method... No Free Lunch continues
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verno replied Jun 2, 2008GBPUSD looks like it has had an IB followed by an IB around 1.9610 for the last 2 hours. This suggests even more reason to take the trade to me. does anyone have any views on multiple IBs like that?
The DIBS Method... No Free Lunch continues
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verno replied May 30, 2008Many thanks. By the way I have been lurking on this thread and think its very useful. Thanks to everyone for their contributions. Verno
The DIBS Method... No Free Lunch continues
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verno replied May 30, 2008Can someone provide a weblink for the first strike or the real thing? Thanks Verno
The DIBS Method... No Free Lunch continues
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verno replied Jan 14, 2008I am not sure if you planned to do anything like this but I think it would be good to post a weekly summary of things for the rest of us to follow. Ideally this could be a daily one with performance and open positions, but I realise that this might ...
Would I have any takers?
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verno replied Jan 10, 2008yeah I admit the first thought was that I would also compare myself to it and then see the progress.
Would I have any takers?
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verno replied Jan 10, 2008Sounds like fun, I will watch the space with interest. As a suggestion other people could also compare their own account for those 66 days and submit the results to you which could determine who becomes the next in line?
Would I have any takers?
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verno replied Jan 8, 2008I agree, I think it sounds interesting. Personally I don't qualify so can't really help. Additionally I wonder whether the people you get are the people who are struggling for capital. I think the audience is slightly limited in that the successful ...
Would I have any takers?
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verno replied Dec 25, 2007Vahid, nice clear unambiguous analysis. I look forward to reading more or your reports in the new year. Verno
16 Currency Pairs Analysis Every Night
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verno replied Dec 14, 2007jku, I have slightly different parameters to the actual system particularly on the stochs. On my system its not showing a buy signal, additionally there seems to be some resistance around 2.3350 level. I am not saying its a bad trade, just ...
the key to the mint
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verno replied Dec 14, 2007Hi, I am new to this thread. I have been looking at this system and I think its really useful. I might not use it to actually execute trades, but where I think its really useful is in confirmation of the trend. I would probably then look for price ...
the key to the mint
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verno replied Oct 19, 2007I guess you are right on the longer term trend and we probably have different trading timeframes. The break of the redline would be good for a few hundred pips I would suggest. So maybe trading back upto the 102 region. For me this is a break in the ...
USDCAD trend reversal?