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- Shefa replied Jun 16, 2008
Hi Fxstu, What session do you trade? is it the assian session ? Thanks for a reply, Shefa.
Swef System
- Shefa replied May 28, 2008
I close the trading for today. I was only trading to day in the morning, with not much success: 04:00 GMT Long AUD/USD = 2 x -16 pps = -32 pps. 05:00 GMT Short USD/CHF = 0 (a free trade that was not protected before news). There is another day ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi Jarroo, I am glad for you, as it has proved itself. Cheers, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi NAL, My answer regarding the fibo is: from 1.0276 to the very top, as I was not sure the price will go down much. I forgot to put a S.L. before the news, so that the trade was hitted, and I gained nothing of that trade. pity. I tried to do as you ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi Blueskies, It is not only higher probability of pairs, but also of directions. I, at least, do not have at the moment a set of rules that will avoide entering losing trades. Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi ANL, How do I close a half minilot in MT4 platform ? I think it is impossible. That's why I enter with 2 minilots, and close one at the S.L. range. I took the fibo from 1.0276 to the very top, as I was not sure it will go much down. Appreciate ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi Jarroo, Thanks for your reply. English is not my first language, and I do not know what does it means to "blow my mind". Hope it does not mean you are angry, as this was not my intend. Wish you many pps, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi NAL, I did not explain myself right: The range of the IB increases by 5 pps only. But as I use 2 minilots, the overall S.L. price for the trade increases by 10 pps. I belive it is true for trades of many methods, but it amaized me as I did not ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi Jarroo, You think U/J daily trend is up, and took the short DIBS position. You do not consider the daily trend in your DIBS decisions ? Thanks for a reply, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Thanks NAL, I shell use 2pps breakout + 3 pps spread = 5 pps. entering 2 minilots - increase the IB S.L. range by 10 pps. For me, it looks like very big adition, but probably, there is nothing to do about it. Right? Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 28, 2008
Hi NAL, Thank you for the charts. I think as you do, and will check if Jarroo wrote something about it. Good morning everybody. I wish us all a PPP (=Positive Pipsing Profits). Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Thank you HT for your answers, Jarroo thinks we are in an up trend, and will write about it later (I hope so). I have to go now. Hopefuly, tomorrow(?) will consider DIBS method more. Cheers, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Thank you TS, That was a very important explanation, which I did not know, although I use MT4 for a while........ Also, does the long considered as 19 pps or 16 pps ? I have to go now, and eceive your answer tomorow(?). Cheers, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Thanks Jarroo, If it is not too much for you, please, write me more detailed how do you decide about daily trends. I have to go now, so it is not urgent. Cheers, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Hi Colin, I am not sure if I am experienced enough to give you the right answer, so people will correct me, if neccesary. I think the weekly trend is down. But, 1H is very short time compare to it, and there are the 2h, 4h, 8h, daily patterns that ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Thank you NAL, This is the answer I was waiting for.The following questions are : 1) Do we take the spread into account only in the enterance direction? 2) This way, do we charged for 15+1+3=19 pps, or only for 15+1= 16 pps ? 3) BTW - for the sell ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Hi Cologg, I did start to look at the weekly close price, after HT has mentioned it in his posts. In my opinion, that famous losing U/J bar was a b o v e last week close, so that the "LONG" was according the rules. Please correct me if I am wrong. ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Hi HT, Thanks to messing the trading style, I made profites with the E/U and G/U fall today. Just sharing, Shefa.
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Hi TradeStar, I took the same trade, and was also stopped. At that time the market was very very lazy, and I was thinking that it might not be a good idea to enter a trade. Then, I have decided that t h i s t i m e I shell keep the ...
The DIBS Method... No Free Lunch continues
- Shefa replied May 27, 2008
Hi Rocroy, Your chart is great. I (we) should learn to belive it. Please, go on with your examples, so that we shell get use to this. Good morning and a successfulday to all of us, Shefa.
The DIBS Method... No Free Lunch continues