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'Vegas Wealth Builder Part II'

  • #641
  • Mar 3, 2006 4:38am Mar 3, 2006 4:38am
Quoting HeavyJ
Hey tri-7,

Go here! http://www.forexfactory.com/vegas_files.zip

read the file and add the indicators which will show you in MT4 what to do!

HJ
Do you mean this?
I have this one already
So this EMAs represent fib lines?
Attached Image
kiss the trend
  • #642
  • Mar 3, 2006 4:55am Mar 3, 2006 4:55am
Hope you don't mind me butting in.. As I always do,
but the white dots in the image attached are the fib lines or fib levels.

They are calculated based on the 28 EMA or 24.. Not sure right now..

hope this helps,
East
Attached Image
  • #643
  • Mar 3, 2006 6:36am Mar 3, 2006 6:36am
R u manually puting dots? Or u have a script?
Try hard, think fast, die young
  • #644
  • Mar 3, 2006 7:41am Mar 3, 2006 7:41am
Quoting eastmaels
Hope you don't mind me butting in.. As I always do,
but the white dots in the image attached are the fib lines or fib levels.

They are calculated based on the 28 EMA or 24.. Not sure right now..

hope this helps,
East
thank you for clarifying for me
kiss the trend
  • #645
  • Mar 3, 2006 7:44am Mar 3, 2006 7:44am
Quoting dof
R u manually puting dots? Or u have a script?

Oh, those dots? Hehe.. I used MS Paint to put them?
The image I used is the same with fxtrader777's.. I just edited his.

Quoting fx-trader777
thank you for clarifying for me
No prob ft777..
  • #646
  • Mar 3, 2006 8:22am Mar 3, 2006 8:22am
Quoting eastmaels
Oh, those dots? Hehe.. I used MS Paint to put them?
The image I used is the same with fxtrader777's.. I just edited his.
Well if somebody have time to put arrows on the charts at the important line... would be nice
Try hard, think fast, die young
  • #647
  • Mar 3, 2006 8:48am Mar 3, 2006 8:48am
Latest version.

I would appreciate some feedback or comments on these spreadsheets.

Regards,
Attached File(s)
File Type: zip zip ii.ZIP   813 KB | 683 downloads
  • #648
  • Mar 3, 2006 9:51am Mar 3, 2006 9:51am
Quoting 5MinuteStudent
Latest version.

I would appreciate some feedback or comments on these spreadsheets.

Regards,
A couple of gliches in there but it looks like an excellent auto spreadsheet.no more typing
  • #649
  • Mar 3, 2006 10:11am Mar 3, 2006 10:11am
Quoting zenophyte
A couple of gliches in there but it looks like an excellent auto spreadsheet.no more typing
zenophyte,

Thanks. Please let me know about the glitches, and I will try to get them out.

Regards,
  • #650
  • Mar 3, 2006 5:42pm Mar 3, 2006 5:42pm
Hello 5MinuteStudent,

Glad to see the new spread sheet you put out today - I was really confused regarding the daily update instructions for the previous one.

I couldn't find the "close" column - and the latest update was in row 12, but you were talking about rows 15, and 16 - now it all makes sense.

Really a great job....
  • #651
  • Mar 4, 2006 4:45pm Mar 4, 2006 4:45pm
Quoting fire580
Hello 5MinuteStudent,

Glad to see the new spread sheet you put out today - I was really confused regarding the daily update instructions for the previous one.

I couldn't find the "close" column - and the latest update was in row 12, but you were talking about rows 15, and 16 - now it all makes sense.

Really a great job....
Fire,

Thank you for your support, and sorry for the confusion.

I am trying to complete the spreadsheet; however, I have a limited amount of time each day to work on it, and there is still a lot of stuff that needs to be done. I am afraid you will have to continue to look for the latest version since the changes are not done.

I invite you and all users of the spreadsheet to share comments, "glitches," problems, suggestions, etc. I have done some of the work on it, but to begin, the credit for starting the spreadsheet lies elsewhere. I am only following in the footsteps of giants before me.

I am, also, just one heck of a lazy trader, and if the computer can do most of the work for me, then I prefer spending my time watching the analysis results done for me, and this is particularly true when I am too tired to think.

This is why reporting problems is such a crucial part of this process. The more reliable and robust the spreadsheet becomes, the more confidence I gain in the numbers reported.

I have noticed that some people have viewed the spreadsheet posts; however, only a few have ventured to post comments regarding problems, errors, or suggestions.

Feel free to do so. My goal is not only to help myself and others interested in the Vegas methods, but ideally, this spreadsheet should help some new potential trader to avoid many of the mistakes I have done in the past.

Regards,
  • #652
  • Mar 4, 2006 6:07pm Mar 4, 2006 6:07pm
ever since i started using your method .......holly grail...man....my pips has jumped right to the roof....i hate weekends now because im not making money...
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #653
  • Mar 4, 2006 9:19pm Mar 4, 2006 9:19pm
Hello, Mr 5MinuteStudent

Do you have any other currency pairs besides GBP - like EUR/USD

your sheets are amazing

Thank you for sharing, and your knowledge
  • #654
  • Mar 5, 2006 2:08am Mar 5, 2006 2:08am
Heya 5MS,

Quoting fire580
Hello, Mr 5MinuteStudent
Do you have any other currency pairs besides GBP - like EUR/USD
your sheets are amazing
Thank you for sharing, and your knowledge
I was gonna ask the same question. I see no reason why a spreadsheet cannot be created for any currency. I understand GBP was done because it's the most volatile, but with the JPY pairs being the current movers, they would be a great addition to the spreadsheet.

Very good work...
Andrew.
  • #655
  • Edited 2:54am Mar 5, 2006 2:49am | Edited 2:54am
Quoting Artamon
Heya 5MS,



I was gonna ask the same question. I see no reason why a spreadsheet cannot be created for any currency. I understand GBP was done because it's the most volatile, but with the JPY pairs being the current movers, they would be a great addition to the spreadsheet.

Very good work...
Andrew.
Andrew and Fire,

I do expect eventually to add more currencies, but getting it to work with one currency is a lot of work, and by concentrating in one currency my work load is not so heavy.

In fact adding the other currencies, is just a matter of loading the data and making a copy of the main sheets. This part is real easy.

However, as you may have noticed, I have been posting at least one spreadsheet per week since there are small parts of the analysis that initially were not right, or there parts with formatting problems, etc., and these little changes actually take several hours to implement.

Finally, I had a spreadsheet that contained some graphs based on the data, but when I attempted to upload it, I was given an error notice regarding space.

I will try some time in the near future to perhaps attempt to upload a spreadsheet with only some of the graphs.

This spreadsheet is already 8/10 of 1 MB after compressing it (it is over 3.5 MB without compression), and I am actually concerned that at the time when I will add the other currencies the site will not allow me to post such a large spreadsheet.

So as you may see, I am starting to run into a size problem. My spreadsheet with graphs for only once currency is over 5 MB.

Regards,
  • #656
  • Mar 5, 2006 4:53pm Mar 5, 2006 4:53pm
GotPips,

Glad to hear you doing well with the new system. Are you using the Daily Model or the 1 HR or 4HR Method?

Are you waiting for the price bar on Daily or 1 HR to at least be one bar above or below the tunnel or do you wait for it to hit a fib line and sell or buy on weakness?

Bigger question --Vegas says he uses the Futures opening at 3 p.m. Chicago time to be the opening time frame. I live in Indiana and we are 1 hour behind Chicago but this does not make since to me that I need to wait until 2 pm my time to look at the price to determine market direction. Can you help?

Thanks

IMARICH1
  • #657
  • Mar 5, 2006 5:35pm Mar 5, 2006 5:35pm
3pm chicago time is how vegas determine the day star and end for currency market for his daily calculation excelsheet in VWB 2.

We just have to scan the daily charts for price at extreme fib line, wait for reversal signs and enter using 1hr or 4hrs chart. When price reaches tunnel, take out 1/2 position and breakeven the other 1/2 position and let it move till end of trend. All are discretionary. Short and sweet.
The future depends on what we do in the present.
  • #658
  • Mar 5, 2006 7:36pm Mar 5, 2006 7:36pm
Imarich and compro,

Quoting compro99
3pm chicago time is how vegas determine the day star and end for currency market for his daily calculation excelsheet in VWB 2.
FYI, Vegas made a correction to this as follows (earlier in this thread, I believe):

"Just to show you I'm human, I screwed up. It's 3:00 p.m. PACIFIC TIME [my time] and 5:00 p.m. CHICAGO TIME that the open takes place."
  • #659
  • Mar 5, 2006 8:22pm Mar 5, 2006 8:22pm
Quoting compro99
3pm chicago time is how vegas determine the day star and end for currency market for his daily calculation excelsheet in VWB 2.

We just have to scan the daily charts for price at extreme fib line, wait for reversal signs and enter using 1hr or 4hrs chart. When price reaches tunnel, take out 1/2 position and breakeven the other 1/2 position and let it move till end of trend. All are discretionary. Short and sweet.
This is the best summary of the Vegas method I have seen. This is going to the printer and then taped to my monitor. Thanks for sharing
  • #660
  • Mar 5, 2006 8:58pm Mar 5, 2006 8:58pm
Quoting compro99
3pm chicago time is how vegas determine the day star and end for currency market for his daily calculation excelsheet in VWB 2.

We just have to scan the daily charts for price at extreme fib line, wait for reversal signs and enter using 1hr or 4hrs chart. When price reaches tunnel, take out 1/2 position and breakeven the other 1/2 position and let it move till end of trend. All are discretionary. Short and sweet.
I agree--nice summary!

I like to think of the market as a wrecking ball. When it's reached the end of its swing, it's very easy to "push" in the other direction, but before the end of its move, it's very easy to get splatted against a brick wall.

Don't get splatted!
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