Part 1
As many of you may have gathered from my posts and charts, I have a passion for the Vegas Systems. In particularly, the 4hr Tunnel. The potential of that model absolutely “screamed” at me.
It gave me new direction and focus to my strategies. We have engaged in several discussions of V4T merits in the Lost in The Tunnel thread. Dials immense understanding of it’s application has helped many of us. PF members have benefited from intense, thorough instruction of Dial’s “Knife” system based on the 4hr Model.
Just when I think “life is good” and “how could it be better?” Vegas, himself comes to answer questions in our forum and offers up his most astounding file yet, THE VEGAS WEALTH BUILDER. Vegas you never cease to amaze me!
I apply his guides to my charts and the probabilities jump out at me. (without RSI, Bolinger Bands, Stochastics, Full Moons, Black Cats, Numerology, Harmonic Convergence…….ect.)
The VWB has me floored. We are all interested in further understanding of this intense document. I read the VWB discussion several times a day and many of you seem to be getting a grounding in the concepts. I am lagging somewhat in my integrating this system…… but I will Persevere. The potential dictates I do so. But I digress….Back to the 4Hr Model!
I would never look a gift horse in the mouth but if anything were to bug me about the 4hr model it was this: COUNTER-TREND STRATEGY. Or lack thereof. Following an 8MA hook aligned with the current Weekly Trend, then a follow through profit run, It was necessary to wait for the market to correct. This correction would usually be powerful but there was no signal in the model to profit from the move. I would ride the animal up the bull hill but had no way to catch a “bear” down against the trend. If you followed the rules of the 4hr model, you know what I’m Talking about. What was needed was a way to signal the ”exhaustion” of the move.
Voila! VWB…..Thank you sir.
To make a short story long…..
The general consensus is now that the Black Dot trend from the VWB, supercedes the Weekly Trend in the 4hr Model. This postulate has bugged me from the start. The power of the Weekly Trend in V4T is undeniable to me. How can it be negated or relegated to obscurity with the advent or rather discovery of the “Black Dot” trend? (not withstanding it’s own awesome power.)
A week or two, following the release of VWB (Jan 26 ,’06) I was fortunate enough to clumsily enter a black dot “bear” trade. This profitable Trade stalled around the Daily Tunnel and consolidated. With half of my positions closed for profit and the other half at BE, I was in a word: stoked! While watching this “consolidation” I noticed that the 4hr weekly trend was still bullish and that a textbook, primary V4 Tunnel trade was forming so I set it up!
The long trade triggered, I put on 3 full positions, as I do in all primary trades. I closed my remaining shorts for profit. The Long trade sputtered, than took off with strength, across the 55MA and finally stalled just short of P1. (@159pips) retreated and I was Stopped out at BE. OK. I’m a bonehead. I should have covered some for profit. But this Discussion is not about profit (in the strictest sense). This discussion is about PROBABILITIES.
This “Bear to Bull” back to back run excited me with the possibility of the elusive Counter Trend strategy for the V4T but I needed more Data, so I marked every V4T weekly momentum change on my GBP/USD daily chart (VWB indies) back to 1996. I was taken aback at what I saw. I shared it with Dial and Vegas and got a favorable response. Now I would like to share it with you. I know that a study of one pair can be anecdotal. However I think you may agree that the probabilities presented here deserve attention if not respect.
Once again I am still working on entries and exits. This discussion and attached charts will be about the seemingly powerful correlation between the “V4T Weekly Momentum Trend” and the “VWB-Black Dot Trend” whether aligned or opposing!
Take a Look!
As many of you may have gathered from my posts and charts, I have a passion for the Vegas Systems. In particularly, the 4hr Tunnel. The potential of that model absolutely “screamed” at me.
It gave me new direction and focus to my strategies. We have engaged in several discussions of V4T merits in the Lost in The Tunnel thread. Dials immense understanding of it’s application has helped many of us. PF members have benefited from intense, thorough instruction of Dial’s “Knife” system based on the 4hr Model.
Just when I think “life is good” and “how could it be better?” Vegas, himself comes to answer questions in our forum and offers up his most astounding file yet, THE VEGAS WEALTH BUILDER. Vegas you never cease to amaze me!
I apply his guides to my charts and the probabilities jump out at me. (without RSI, Bolinger Bands, Stochastics, Full Moons, Black Cats, Numerology, Harmonic Convergence…….ect.)
The VWB has me floored. We are all interested in further understanding of this intense document. I read the VWB discussion several times a day and many of you seem to be getting a grounding in the concepts. I am lagging somewhat in my integrating this system…… but I will Persevere. The potential dictates I do so. But I digress….Back to the 4Hr Model!
I would never look a gift horse in the mouth but if anything were to bug me about the 4hr model it was this: COUNTER-TREND STRATEGY. Or lack thereof. Following an 8MA hook aligned with the current Weekly Trend, then a follow through profit run, It was necessary to wait for the market to correct. This correction would usually be powerful but there was no signal in the model to profit from the move. I would ride the animal up the bull hill but had no way to catch a “bear” down against the trend. If you followed the rules of the 4hr model, you know what I’m Talking about. What was needed was a way to signal the ”exhaustion” of the move.
Voila! VWB…..Thank you sir.
To make a short story long…..
The general consensus is now that the Black Dot trend from the VWB, supercedes the Weekly Trend in the 4hr Model. This postulate has bugged me from the start. The power of the Weekly Trend in V4T is undeniable to me. How can it be negated or relegated to obscurity with the advent or rather discovery of the “Black Dot” trend? (not withstanding it’s own awesome power.)
A week or two, following the release of VWB (Jan 26 ,’06) I was fortunate enough to clumsily enter a black dot “bear” trade. This profitable Trade stalled around the Daily Tunnel and consolidated. With half of my positions closed for profit and the other half at BE, I was in a word: stoked! While watching this “consolidation” I noticed that the 4hr weekly trend was still bullish and that a textbook, primary V4 Tunnel trade was forming so I set it up!
The long trade triggered, I put on 3 full positions, as I do in all primary trades. I closed my remaining shorts for profit. The Long trade sputtered, than took off with strength, across the 55MA and finally stalled just short of P1. (@159pips) retreated and I was Stopped out at BE. OK. I’m a bonehead. I should have covered some for profit. But this Discussion is not about profit (in the strictest sense). This discussion is about PROBABILITIES.
This “Bear to Bull” back to back run excited me with the possibility of the elusive Counter Trend strategy for the V4T but I needed more Data, so I marked every V4T weekly momentum change on my GBP/USD daily chart (VWB indies) back to 1996. I was taken aback at what I saw. I shared it with Dial and Vegas and got a favorable response. Now I would like to share it with you. I know that a study of one pair can be anecdotal. However I think you may agree that the probabilities presented here deserve attention if not respect.
Once again I am still working on entries and exits. This discussion and attached charts will be about the seemingly powerful correlation between the “V4T Weekly Momentum Trend” and the “VWB-Black Dot Trend” whether aligned or opposing!
Take a Look!
Attached Image
HeavyJ -"Posterboy for Spellchecker!"
"Will work for pips!"
So don't skimp on any future examples! 
