Damn, i got stopped out twise on the DIBS. And of course it now runs to the opposite way. Too late now(risky). Funny thing is i should have kept my USDCHF short and not take profit. Oh well, will not trade until tomorrow edit: Ok, i ...

The DIBS Method... No Free Lunch continues

Entered on that usdcad short, i have a feeling its going to bite my ass Lots of sideway action on all pairs. edit: it did

The DIBS Method... No Free Lunch continues

i had IB for USDCHF. I was already on short day before, i then toke profits and reversed for long side with this new IB. Position still open but no free trade yet. It may become loss. Dont know will i short it again. I hate overtrade and go zigzag. ...

The DIBS Method... No Free Lunch continues

Anyone got on the USDJPY short? Nice small IB, only 13 pips with spread

The DIBS Method... No Free Lunch continues

Yes, of course real account as soon as possible. But make it a small couple hundred micro account. You will be amazed how much differend its trading when its real money. It doesnt matter if its just a small account. Same emotions!. IF you cant win ...

Rookie Starting Up

Heres a picture showing you the IB. Maybe you are offset by one hour? The IB i toke was created at 5GMT, 4-5 hours later the dive begin and i toke the trade with that IB and the price was also under the 6gmt. Valid DIBS trade. Shorted at 1.2673, ...

The DIBS Method... No Free Lunch continues

There was a DIBS rule of example taking half at 1:1, variation of this is taking 2/3 at 1:1 if you want to "lock profits". This way you dont need to raise your stop loss, and this gives it more breathing room for the rest

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Hello. I dont have targets "per day". I use risk management per trade(about 1% risk). I dont believe daily profits. Peter said the most common limiting thing is to see trading as "job" that "pays daily". I try not to overtrade. Here's something ...

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My only dilemma is the overall risk/profit ratio in the long term. If i understand Peters posts, he recommend to let the "free trades" run as long as they will and adjust the stop only on the longer time frames(daily) exaple with 20 sma. Letting ...

The DIBS Method... No Free Lunch continues

day open = 6gmt aka europe morning.

The DIBS Method... No Free Lunch continues

I trade with oanda too, good you mentioned it, i didn see it either. I have mt4 for indicators, so i followed it. 5 gmt bar is the IB on my MT4, but looking oanda chart, the bar is just a few pips over upside not to be IB. Notice, i entered after ...

The DIBS Method... No Free Lunch continues

USDCHF is now at +110 pips. Tempting to take profit, its on a pivot level and also on fibo 61.8 level. It might retrace but i hope this is longer downturn. Otherwise i will break even. (H4 chart): image

The DIBS Method... No Free Lunch continues

USDCHF. I entered two times, and third time it finally made its mind with the direction(short): (I used the second last IB for short too after once failed long) image Peter recommend not to take profit shortly but to let the winners run ...

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Yeah, very side ways. I'm trying to keep lowe risk % and hope this choppynes stops and there will be a nice trend direction and get some good "runners", and overcoming these many small losses...

The DIBS Method... No Free Lunch continues

Thats what i'm talking about. You have your "day open" wrong. DIBS day open is marked with 6gmt price. You make your decisions based on that horizontal line which tells you if you are up or down. Again, when peter is talking about "day open" he ...

The DIBS Method... No Free Lunch continues

Yes, but you open positions before 6gmt. Dibs trading starts after 6gmt. Even if you use the ib's before 6gmt. The point is to wait for london opening (big money)... Btw, today seems pretty choppy. Lost already couple trades. Good thing not much ...

The DIBS Method... No Free Lunch continues

Yeah my30marahaba, seems you have been early many times, on purpose? The DIBS rules says 2 hours before London opens, which is 6 gtm.

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Oanda and Alpari

Demo account versus live account.

Yes, that bolded text just told the same thing i did. I dont see what is confusing about it? You either buy or sell depending which side you are from the 6mgt bar's close price. Notice, that this "intraday trend" could change during the day which ...

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