Vegas Wealth Builder - Part I

Could not agree more.

SHR

maybe he got profitable method,but just you have to PAID!!!

Yes, it is an outstanding system to use.

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Please let me know how EMA 20 filter works.
do we have to exit when price touches ema20
Why EMA 20 is called filter.

thanks in advance.

Hi
I am currently testing the 4HR model.
It is promising thus far. ( all pairs are green)
anybody here still with the system?if so I can start a new thread to discuss?

I just developed a system using this same method, It's crazy how similar this one is to mine. I guess great minds think alike

I´v been trading the 4 Hour system...and it´s working just fine...mean profitable..
In the moment I just started trading the VWB, but using it on all majour pairs , plus T- Note, Oil, Silver and SP 500.
I take any signal on the hour , 4 hour and day Chart.( meaning on extreme fibos)
Not the channell system, but the counter trend one, looking for extremes, high or low, and then taking the reversal pattern. Just like the original VWB, but on 3 time frames and all those underlyings.
Take 50% profit at tunnell, the rest either BEven or go all the way up .I trail a very wide STOP.
Just started this week, and took 15 trades: profitable so far and looking good..
The system should work.The hardest part for me is to pick the "right reversal" signal.

Consider this as a conservative hypotheticall performance:
100 Trades
70 loosers.(!!)
Ech looser is one R ( risk, or negative "marble")
BUT : once the trade is far enough, I move my Stop to a o,786 retracement...so my average loss so far was 0,64 R

Out of 30 winners:
20 make it "just" to the tunnel, the rest of the position is closed at break even.
10 make it all the way to the other extreme.These are the Big winners, roughly should make 4 R profit on average.

Results:
-45 (from the 70 loosers)
+20 (from the 20 small winners)
+40 ( from the 10 big babies)

Hypotheticall results:
15 R after 100 Trades.

That´s what I shoot for.
Vegas scores more than 50 % of the times...so that´s where I need to improve..
Having said that: anybody with discipline should be able to score 30 to 40 % winners, after that, the marbles should accumulate naturally...
And I´m sure some of you out there might do even better than 40 % winners.
BUT: DISCIPLINE is the key..
I started with 6 loosers in a row...and it´s human to get dicouraged...
The following 4 trades were winners and put me back on plus, now it´s improving even more...
I´m scoring 33% winners, but have 3 more open positions all in positive territory..

CONCLUSION: worth testing with real money.
Real test shows after 1000 trades, with real money, respecting the rules...
And yes, like Vegas points out, it´s an art where to put the stop, and where to jump in the trade.. you cannot back test "art".A good cook doesn´t need cook books...Some days it tastes better than others, but satisfaction is guaranteed.

Good luck to all...
If you can read this, youré already lucky, cause youré alive and breathing, posiblilities are endless..

Hi cuchuflito and any others,

Have you been using the vegas methods since your last post. Just curious about your results. I am considering the 4 hour and daily method going forward. I am not really interested in backtested results, but would love to hear how youve done live trading.

Thanks,
Bill

Hi

Is anyone using this method. ive been looking into the method for a while and im getting some good backk test results

this has proven to be a profitable method over the years IF YOU USE PA AS A FILTER FOR YOUR ENTRIES.

If entries are blind or mechanical then its fairly certain that most people will struggle.

i know several people that have done well with this method with this filter.

i know a hundred that have tried it without a filter with no long term success.

just my thoughts,

jim

Hi Jim

Ive been using pin bars, outside bars and inside bars as my filter

thats great phil.

you surprised me a little with that.

the best i have seen with this method and a few other variations of it is baddison.

she is a very smart and kind lady.

jim

It is a very good indicator. Is it has the upload version?

Hi!

I'm new here. I have just a question.

I did download files form first page and post fo this thread. And i have now 1h Tunnel, 4h Tunnel and VWB II. And in document pf VWBII I did read that one have to have the first part of this system. I did try to download it form link in the first post of thread, but there is NO FILE now..... So I can't find the first part.

Please! If someone can help me, please, give me a link or just sent me e-mail to [email protected]

Thank you for your help!!!

Can somebody please tell me where I can find the vegas Wealth Builder I...the link on the first page does not work.

I can't upload because of the file size. do you have email or something else?

Hi!! Here it is. [email][email protected] .....thanks a lot. Would be waiting for the document.

again [email protected]

thanks

never used this before.

http://www.usaupload.net/d/kihe2w8judx

Yes, it works. Thanks a lot Srelhed.