Quoting HeavyJDislikedLambrechtJ
Your descriptions are in line with the evidence I have seen walking through the "Cable". This could be one application as related to VWB.
If this postulate interests you, I suggest you download my chart zip in post #3 (Feb 2002 to present) and look for yourself.....derive your own conclusions...hopefully you will post variations or paradoxes here for the rest of us to see.
NOTE: While I am excited about the prospects of this study. I don't believe it to be axiomatic. Can anything ever really be.....in a marble game? But as for the Cable....It looks pretty Damn good to me.
At this point I consider this study extremely valuable, but look at the charts. It is also very broadstroke! Far from a Red light Green light system. Or a system at all at this point. But I believe it has the potential to strengthen the toolbox of any system!
NOTE 2: After getting a nod from wize council that I could be pursueing something positive here. I felt that I should share it with the group. I don't have a bunch of answers. Some of you will gleen far more from this than I have at this juncture.
But I owe this all to Vegas who has enriched my journey enumerally! He has asked nothing in return and continues to share! I am very greatful. I have vowed that I will make it a principle of mine to ....Pay it Forward.
I can't imagine what it means to Vegas to have made such an impact in the Bonehead community!
HeavyJ
Ignored
I did this the bonehead way just by looking at the weekly chart with the 5 sma and 21 ema and I also took a look at the 4hr chart.
Noticed when ever there was a major WM change the 8 sma crossed the 55 sma on 4hr for the major moves which caused the daily charts to go into the Bullish or Bearish trends or break throught the channels.
I also noticed once the daily was on the Bullish or Bearish side of the daily that in the 4 hr chart after it finished its surge and started ranging mode that was a cross over on the 8 sma and the 55 sma on the 4hr there is a close encounter or breach of the Channel on the daily chart. Anyone notice this?
I think your discovery is fantastic and I have nothing to add or subtract from it. It does not change anything Vegas has brought to light in his revealations on vwb it only adds credibility to it as it seems that is the very reason you take 50% and take care of the stops near the channel.