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VantagePoint discussion thread

  • #841
  • Dec 30, 2006 7:41pm Dec 30, 2006 7:41pm
Bill

Thanks for pointing that out. Are you trading everyday or just when the 4 to 5 indicators line up? Do you re-enter after you have taken 50,100,150 or wait for the next trend change?

I was taught by someone else at a webinar to wait for the 10 day cross and look for a 0 PNI and the PSTT and PMTT to both be negative to consider short trade (vice vesa for long).

Confirming Indicators:
Macd would be heading south for a short.
Slow Stochastic would be above the 50 heading south.

To exit a trade, they said to watch the PMTT line at the bottom to begin to stretch to the botttom or top like a rubber band and then to tighten your stops,

They also had a entry that they used to enter a trade with (Buy Stops)

To Short:
(Predicted next day high - Predicted next day low) * .15 = offset
1.9710 - 1.9591 * .15 = 17.85

Then take the Predicted next day high - offset = Entry to go short
1.9710 - 18 (Rnd up) = 1.9692 short entry

To go long add offset to the predicted next day low.

Or if you could use MOO market on order

Do You have script to handle the multiple exits on Metatrader?

Cyclone
Attached Image
Cyclone
  • #842
  • Dec 30, 2006 10:24pm Dec 30, 2006 10:24pm
Quoting BeachBum
I
Future posts will be limited to any new experiences I have with this software and system that would seem to add to someone else's learning curve. I realize that by posting this information, I am opening myself up to all types of criticism and second-guessing, but I sincerely hope that all this helps someone in some way. And I will gladly answer any questions from those who want more information about what I am doing, but I do not intend to respond to those who only criticize.

good trading to all..............

BB

PS...............FT, I will e-mail the info you requested.
My criticisms usually don't start showing up until after my 4th beer. I am on #1. I have VP and have not had great success with it. I purchased it before I found FF but not before I found a great deal of frustration with the pgm. This thread is/has changed much of that by showing me that I am usually in need of a map to locate my posterior. (flashlights are optional). My questions consist of mainly what are you doing to determine trend and what parameters are you using to determine tradable oportunities in DEMO.
  • #843
  • Dec 30, 2006 11:17pm Dec 30, 2006 11:17pm
Granted, this thread has 842 posts, but I really think I have already answered your questions in this and the other VP related threads. AND......more recently, my good friend from NJ, williamk, has posted some excellent information about how he uses VP successfully. He and I have shared some thoughts on VP useage and he has generously posted much of this for everyone's benefit. Sometimes I sound like a broken record (I'm dating myself with that statement), but there is absolutely NO substitute for reading, digesting what has been read and then experimenting on a demo account with a system you like and are comfortable with. Plus lots and lots of historical research and backtesting. That's what I and many others here at FF have done and are doing. It doesn't matter if it's VP, Bagavino, Mouteki, Fozzy, SRDC or whatever. The formula for success is still the same.



Quoting hk334
My criticisms usually don't start showing up until after my 4th beer. I am on #1. I have VP and have not had great success with it. I purchased it before I found FF but not before I found a great deal of frustration with the pgm. This thread is/has changed much of that by showing me that I am usually in need of a map to locate my posterior. (flashlights are optional). My questions consist of mainly what are you doing to determine trend and what parameters are you using to determine tradable oportunities in DEMO.
  • #844
  • Dec 30, 2006 11:51pm Dec 30, 2006 11:51pm
Looks like a couple of MAs and an RSI to me.


http://img207.imageshack.us/img207/4...enshot1jv9.png
Same Whore .... Different Dress
  • #845
  • Dec 31, 2006 12:19am Dec 31, 2006 12:19am
Those Charts may look similar but do you have a clue where the market is going short term or medium term. The report that comes from another page trys to give you that edge.

The neural Index
Predicted Next Day High
Predicted Nest Day Low
Predicted Short Term Trend + or -
Predicted Long Term Trend + or -

If 4 to 5 of these indicator are Positve or negative you have a better chance of getting in a good trend that can last 1-2 days or even a month or more. Look at the corn market.

I give you a copy of the other reports and you should me where your chart give you that info.


Cyclone
Attached File(s)
File Type: pdf VantagePoint Secret Decoder Ring.pdf   169 KB | 566 downloads
Cyclone
  • #846
  • Dec 31, 2006 6:27am Dec 31, 2006 6:27am
Howdy Cyclone,

I watched that same webinar was very interesting. As far as the Buy Stop method goes I prefer to stick to just entering @ the market after I analysis my charts. I have found that the price will alot of times not come back to cause a entry and usually will take off from the open. Also the method of exiting gives up too many pips as opposed to the Trendline method. The way I am exiting right now is Limit orders @ 50, 100, 150 and the last Exit @ the Trendline cross of the Predicted Medium Term Indicator. I am now rethinking that and backtesting whether to close 1 @ 50 and mayB the remaining 3 @ the Trendline cross so far seems to generate many more $$$ I do not have a script for MT4 but enter all my Stops and Limits when I enter the market after analyzing the charts @ the download.

Fellow Pip Hunter
Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #847
  • Dec 31, 2006 9:21am Dec 31, 2006 9:21am
Thanks Bill! This thread is finally getting going again with some good posts.

You mention you trade EUR/GBP with this method. Do you still use your 50, 100, 150 pip T/P or do you modify for this pair based on higher pip value and small ATR10? I also notice that based on your rules, this pair is currently a buy.

Thanks again for the great posts and screen shots, they were very helpful.

Bill
Quoting williamk
Howdy TraderBill,

1) The way I have been trading is that if I am Long I wait till I have a opposite signal to go short and haven't reentered any so far, I don't like to jump onto moving trains financially dangerous. BUT and you know there is always a BUT I just started reentering if I have been stopped out say on a long and then get a "4 out of 5" long signal after that I will now reenter on that signal.

2) I use the 10day ATR as my stoploss and once the trade hits my 1st TP of 50pips I have been moving to BE on the remaining lots.

3) Yes I have tested all 14 crosses that are available on Vantage Point. Actually there are 7 crosses and I trade those because they have had 70% winners or better. They are GbpUsd, GbpJpy, EurGbp, EurJpy, EurCad, UsdChf, UsdJpy. Now there other crosses that trade @ 60-65% winners but 7 crosses are enough for me to trade.

I usually have 1 lot left over once my 3 hard TPs get hit as a runner and have been looking for a way to get most of the trend in pips on that last lot. What I have observed if I place the Predicated Medium Term Trend indicator only on the bottom and use a trend line on it once the indicator crosses the trend line I Exit the last lot. I will try to put a chart up to illustrate hopefully it works.

Fellow Pip Hunter

Bill
  • #848
  • Dec 31, 2006 11:44am Dec 31, 2006 11:44am
Howdy TraderBill (I like the name)

Yes I did adjust the EurGbp to 20, 40, 60 but you would be surprised by the amount of trades over 50 pips thats why I originally had it set to 50, 100, 150. You many need to wait a few days but U can get them. But you need to be careful, I just read an article about that cross and how it has trended this year because of the interest rate spread between them. So it could go back to a lot of sideways movement.

Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #849
  • Dec 31, 2006 11:50am Dec 31, 2006 11:50am
Hi All

For as long as free hosting lasts at the FileFactory, I will leave these seminars for you to enjoy at your leisure.

I was able to get recordings last spring from Genesis Financial Technologies, http://www.genesisft.com/ one of VantagePoints Data Providers. The Person Giving the Seminars no longer works for Alaron, and They are Developing their own version of Intermarket analysis since VP pulled the Institutional Plug.

I recommend viewing them, since there is so little of this kind help for the product. You may learn something and maybe you don't, but at least check them out before you decide. I put them in 1 rar file which is 40 meg.

These do not talk about trading forex, but they show how to one way to use the product.

Intermarket Analysis Seminars.rar of size 38.665 MB
http://www.filefactory.com/file/e0afbd/

Have a Happy New Year

Cyclone
Cyclone
  • #850
  • Dec 31, 2006 1:34pm Dec 31, 2006 1:34pm
Quoting Cyclone
Intermarket Analysis Seminars.rar of size 38.665 MB
http://www.filefactory.com/file/e0afbd/

Have a Happy New Year

Cyclone
Hi, thank you for compressing your files, but I can't seem to get to the site, I get a bunch of page not found errors.
Have you checked out http://www.divshare.com ? no advertisements there that drive you nuts...
Steve
  • #851
  • Dec 31, 2006 2:48pm Dec 31, 2006 2:48pm
Hi All

For as long as free hosting lasts at the FileFactory, I will leave these seminars for you to enjoy at your leisure.

I was able to get recordings last spring from Genesis Financial Technologies, http://www.genesisft.com/ one of VantagePoints Data Providers. The Person Giving the Seminars no longer works for Alaron, and They are Developing their own version of Intermarket analysis since VP pulled the Institutional Plug.

I recommend viewing them, since there is so little of this kind help for the product. You may learn something and maybe you don't, but at least check them out before you decide. I put them in 1 rar file which is 40 meg.

These do not talk about trading forex, but they show how to one way to use the product.

Intermarket Analysis Seminars.rar of size 38.665 MB
http://www.filefactory.com/file/e0afbd/

New Mirror
http://www.divshare.com/download/14268-6a9

Have a Happy New Year

Cyclone
Cyclone
  • #852
  • Dec 31, 2006 3:11pm Dec 31, 2006 3:11pm
Howdy Cyclone,

I downloaded the .rar file but don't have anything to open it with what would U recommend


Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #853
  • Dec 31, 2006 3:19pm Dec 31, 2006 3:19pm
Quoting williamk
Howdy Cyclone,

I downloaded the .rar file but don't have anything to open it with what would U recommend


Bill
Here we go:
http://www.download.com/WinRAR/3000-...=dl&tag=button
Steve
  • #854
  • Dec 31, 2006 3:39pm Dec 31, 2006 3:39pm
Quoting williamk
Howdy Cyclone,

I have found that the price will alot of times not come back to cause a entry and usually will take off from the open.
Fellow Pip Hunter
Bill
I have found the same, Bill. It is often useful to enter at market, and also to put in a B/S LIMIT order if the price moves back 10-20 pips before gaining the expected pips.

I'm starting to use the Ph/Pl (displaced) FORECAST chart which gives the next day plot in conjunction with the predicted Ph Diff/Pl Diff plot which is also displaced to show the next day plot.

Although picking up 50% in December (live) this would have kept me out of one poor entry which I'm carrying as a drawdown. I'm not using stops now but will hedge as required.
  • #855
  • Dec 31, 2006 9:44pm Dec 31, 2006 9:44pm
Thanks every1 I got the videos to play

Cyclone thanks for these videos


Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #856
  • Dec 31, 2006 11:47pm Dec 31, 2006 11:47pm
Quoting williamk
Thanks every1 I got the videos to play http://forexfactory.com/forexforum/i...s/thumbsup.gif

Cyclone thanks for these videos


Fellow Pip Hunter

Bill

Hi Bill

Your very welcome, I probably should have uploaded these months ago, but just thought of it today.

I just hope it stimulates more discussion here about trading with VP.

And turns on a lot of light bulbs burning bright.

Cyclone http://forexfactory.com/forexforum/i...ies/2/wave.gif
Cyclone
  • #857
  • Jan 1, 2007 3:07am Jan 1, 2007 3:07am
Quoting BeachBum
Granted, this thread has 842 posts, but I really think I have already answered your questions in this and the other VP related threads. AND......more recently, my good friend from NJ, williamk, has posted some excellent information about how he uses VP successfully. He and I have shared some thoughts on VP useage and he has generously posted much of this for everyone's benefit. Sometimes I sound like a broken record (I'm dating myself with that statement), but there is absolutely NO substitute for reading, digesting what has been read and then experimenting on a demo account with a system you like and are comfortable with. Plus lots and lots of historical research and backtesting. That's what I and many others here at FF have done and are doing. It doesn't matter if it's VP, Bagavino, Mouteki, Fozzy, SRDC or whatever. The formula for success is still the same.
Sounds like I hit a soft spot! NOT my intention! I was looking more for the info than the emotions. But thanks for the reply, it was timely!
  • #858
  • Jan 1, 2007 3:12am Jan 1, 2007 3:12am
Quoting TraderBill
WilliamK,

Thanks for sharing your successful method with us. I have a couple questions:
1) After you enter a market in one direction, when will you reenter that same market in the same direction? In other words, do you wait for the 4 out of 5 indicators to give an opposite signal or can you reenter market in same direction if the indicators tell you to?

2) Do you adjust your stop on your 2nd and 3rd lots after first 50 pips are taken?

3) Have you traded or backtested any of the other pairs with this method other than the 5 in your original post?

Again, thanks for sharing with us!
What is the"4 out of 5" referring to? What 4? what 5?
  • #859
  • Jan 1, 2007 3:46am Jan 1, 2007 3:46am
Quoting BeachBum
I have done a little research on the idea of entering at the mid-point of the predicted trading range and trading WITH the trend (as emphasized by FT). My findings indicate this would be profitable, although the pip gain would be less than trading between the two predicted extremes. BUT the quality of the trade would be greatly increased. I believe it is noteworthy that most days when the data is released (around 6 PM EST) the value of many currency pairs is very close to the mid-point. Trading from that point with the trend to the predicted extreme would have good results. I will research this more and report.
The postings here have thus far been very helpful. Thank you and please continue to do so!
WOW that sounds great! thanks
  • #860
  • Jan 1, 2007 4:20pm Jan 1, 2007 4:20pm
Howdy hk334,

I suggest you read my post # 816 if you want to know what we are all talking about. After you have read it then I and others will answer your questions. The traders on this forum don't mind helping other traders because thats our slogan"Traders helping Traders" but not if they are not willing to do the work themselves which means reading the post that the traders before you have left for you. After they have spent endless hours and days doing. Remember anything unearned is unappreciated.

What good is the Holy Grail if your not willing to read it.

If thats the case put your $$$ with a mutal fund or a money manager and save yourself the time and aggravation that WILL come with trading yourself.

Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
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