Quoting BemacDislikedExcuse me.
It may be that because I didn't join this Forum in the summer of '04 I will be told to sit down. Then so be it.Ignored
I hope that you don't sit down! You add alot to this forum!
I hope that I speak for several of the recent posters, but if not I will speak for myself.
I am a huge fan of Vegas. His methods so selflessly shared, have set me on the path and provided great focus on my strategies. His generousity in sharing these easily provable models is absolutely truely unique in my "limited" experience.
Of note in his models, his attitude towards "allowing" experimentation is pervasive. but........ he also tells us his attitude and approach to the model.
I am very interested in the discussion of this attitude and approach. A probe into the mind of a successful trader, who shares his methods.
Sometimes when something new like VWB is released. We all rush to tweak in stead of study the merits......I'm not saying this is bad! I'm just saying that it would be great to understand the merits, make them work, or prove they don't before making them better.......with indicators....that absolutley do lag price action. Can they add confirmation? You bet! They will tell you what has just happened. Price action can give you an edge....PA like lagging indicators of course are never a sure thing.
Dial's work on the 4Hr Tunnel is brilliant IMHO. He has honed a great modell into a great system! The Knife! In his teaching in the PF he shares his understanding of the Vegas model which is astute. He adds tweaks which help make the system more powerful. His tweaks are necessary and yet only serve to enhance the system. These tweaks I am sure came to him after his understanding of the V4T model.
Now Vegas seems to have a preference for candlesticks. I switched to OHLC bars some time back, because of James Hearndon's Preference. I did not want to miss the translation in his teaching. Which is superb. I am modeling VWB in this fashion. I hope to accomplish an improvement with this simple "tweak" because the spirit of the VWB doc implies "price action at the right time" to me. IMO you can't get a better handle on what price is telling you than what James teaches.
Accrete has been very energetic in his further develope ment of Vegas models as applied to shorter time frames. I am not demoing those right now but I am monitoring the FIBO 15min model..... looks promising...I think this is great work! Just not for me right now!
When I asked the question "Has anyone ever heard of a method called the 4hr Tunnel?" In post one of the "Lost in the Tunnel" thread, I was hoping, in my mind to generate discussion on the merits of the V4T,pure.
As it happened it morphed into other aspects. I really didn't mind as this is a public forum. Some of the tweaks were helpful. Isotonics work was great! His momentum indicator and Tun lines live on my charts today.
Some of the stuff just did'nt make sense or serve to enhance my understanding of the model so I just sorta let it go in and out.
To make a short story long......
I have to admit that a personal preference of mine would be to have this thread dedicated to the Vegas Model PURE. The threads with system developements and tweaks could be easily moved to another thread.
I know I would frequent both......and benefit!
See ya friend
HJ
HeavyJ -"Posterboy for Spellchecker!"
"Will work for pips!"