Quoting vegasDislikedEveryone,
For those of you who are short USD/JPY or long the futures, you should have a free trade on. This is what it's all about.Ignored
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Quoting vegasDislikedEveryone,
For those of you who are short USD/JPY or long the futures, you should have a free trade on. This is what it's all about.Ignored
Quoting HeavyJDislikedAnd how!
Shux!
I missed. And this was way up on my radar! For those of you who caught the move please enlighten me how you got in.
Of course now that it's missed I see the entries with technicolor 20/20 hindsight! Best now to wait for the next one but I would like to figure out how this entry (missed) related to the VWB.
Back to the drawing board-
Congrats to the winners
HeavyJIgnored
Quoting raczekfxDislikedI got in on close of small 4hr pin... but was out before Vegas's signal (target hit)
http://www.forexfactory.com/forexfor...5&postcount=25
MarkIgnored
Quoting neiltDislikedHi All
attached is my attempt at putting the VWB II data into a excel spreadsheet for:
eurgbp
eurjpy
eurusd
gbpusd
usdcad
usdchf
usdjpy
audusd
The dates are from 19 Sep 05 to 7 Feb 06 (19 Sep 05 was selected because prior to that date there appears to be missing daily data on the interbankfx history file on some of the pairs???). I have also taken out all data from Sunday trading days (my guess in doing this - futures markets don't trade Sundays and spot markets are traditionally thin on Sundays). The data is from interbankfx (can't vouch for it's accuracy!). For all paris except chf & usdjpy there are 102 records. in chf & usdjpy there are 101 records (I haven't looked into why - a date missing somewhere - possibly there was no market on these 2 for a day??)
I am confident I have put correct formulas into the spreadsheet (as per the VWB II document) but stress that it shouldn't be relied on - maybe Vegas can cast his educated eye over it.
As far as updating the spreadsheet - not sure how often this should happen. To do this you will need to insert a row (or rows for more than 1 entry) at the bottom and then (a) copy formulas down; and (b) change all casting formulas to take in the new row(s). I have done a bit of excel programming (in VBA) and this process could be more automated with some more work http://www.forexfactory.com/forexfor...ons/icon10.gif.
I would be happy to update the spreadsheet weekly (over the weekend) if this frequency is sufficient. Someone let me know.
Anyway - hopefully this is of assistance to some of you (glad to be able to contribute - assuming this is a contribution!! http://www.forexfactory.com/forexfor...ons/icon12.gif).
cheers
Neil
ps didn't have data for S&P emini but will look for it when I get some time and add it to the spreadsheet.Ignored
Quoting HeavyJDislikedThanx Nielt,
and welcome to the Factory.
You may have saved me a hunka -a hunka burnin work!
I'm Interbank as well so you stuf should line up great.
Thanx again,
HeavyJIgnored
Quoting ShootistDislikedI jumped into eur/jpy instead of usd/jpy was this an error on my part? I thought I saw the right signs on this pair also. I have made money but I'm trying to figure out if I missed something that should have told me to go usd/jpy and not eur/jpy?
Thanks,
ShootistIgnored
Quoting HeavyJDislikedHello all,
I'm sure the cable has everyones eye with yesterdays kiss of the 233 Daily fib.
Here's a chart and observation.
Vegas - I will only post charts relevant to my studies of VWB here.
If you or anyone thinks this detracts...let me know!
Thanx
HeavyJIgnored
Quoting ShootistDislikedI jumped into eur/jpy instead of usd/jpy was this an error on my part? I thought I saw the right signs on this pair also. I have made money but I'm trying to figure out if I missed something that should have told me to go usd/jpy and not eur/jpy?
Thanks,
ShootistIgnored
Quoting vegasDislikedShootist,
No,you didn't miss anything. It's just that I didn't get a chance to trade eur/jpy because PAP (passionate About Profits) Trader at C2 wasn't up and running before the market turned. I didn't want to chase it last night, so I just passed on this particular trade.
As it happened, usd/jpy waited so I got the chance to act on the signal.
P.S. to heavy J
Your chart analysis of usd/jpy and your interpretation of "the signal" was right on. We got 2 out of 3 concepts, and the momentum took the pair lower quikly in the spot. Now, we have a free trade going. Like I said before, tis is what trading [the right way] is all about.Ignored
Quoting diallistDislikedVegas,
If I'm reading the C2 signal correctly, you just took profit on a third of your JPY position. But I can't see why. Explain please kind sir?
Thank you
DialIgnored
Quoting vegasDislikedDial,
Whenever I get in a trade where we've had the signal early in the day, I will sometimes, depending on price action, book a profit on a partial position. The smallest I could do in futures is obviously 1. This just insures that for all of our resolve in getting the signals correctly, we walk away with something for our effort.
I usually won't do this with Cable or the S&P, but for the crosses and JPY [which are less volatile] I sometimes do this. It's just a market call on the less volatile pairs.
Hope this explains it.Ignored