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VWVB Daily Chart Analysis

  • #121
  • Mar 5, 2006 10:11pm Mar 5, 2006 10:11pm
Quoting xspowerx
I agree. It is now not at the 2nd fib. If it strays off the extreme through consolidation and not speed then there is no trade and now your back at square one again, waiting for the extreme.

I specificly asked Vegas on this. He said exactly what I said. Only exceptions are in the volatile pair.... EURJPY, GBPUSD, etc.

Anyone still in on EURJPY? Im still holding $3,000,000 worth. Been the best last couple of trading days I've have in a while..
Well I'm testing another thing... cup & holder or whatever it's. Seems to me that has a good % succes... I'll let you know
Try hard, think fast, die young
  • #122
  • Mar 5, 2006 10:21pm Mar 5, 2006 10:21pm
Quoting xspowerx
Im still holding $3,000,000 worth.
Position size on live?? Have you been doing VWB for long time..just curious to know how many people are doing VWB live with big money.

I'm still demoing on VWB with results getting better day by day..looking forward to go live soon.

Shan
  • #123
  • Mar 5, 2006 10:31pm Mar 5, 2006 10:31pm
Must be "Cup and a Handle", Concept born by William O'Neil.
He sells a book called "How to make money in stocks" and mainly focuses on
Cup and a Handle patterns. This pattern according to him and his followers seems to pan out most of the time. Pattern looks like a cup and a handle
U\ Price makes a U then the handle slants down on a retrace then blasts off.

O'Neil makes the newspaper called Investors Business Daily.

What time frame are you looking at on this 1hr, 4hr?



Quoting dof
Well I'm testing another thing... cup & holder or whatever it's. Seems to me that has a good % succes... I'll let you know
  • #124
  • Mar 6, 2006 5:31am Mar 6, 2006 5:31am
Quoting lambrechtj

What time frame are you looking at on this 1hr, 4hr?
1 day. I have the signal accodind to mr. Biggalow, harami with a indecision day. Where there something wrong with my thinking?
Attached Image
Try hard, think fast, die young
  • #125
  • Mar 6, 2006 8:30am Mar 6, 2006 8:30am
Not really a problem with your thinking, According to the VWB methods it needs to touch the dotted 233 red line on the Daily that is the point where it runs out of steam. How ever nothing is 100% and you could still make money on this one. It is just by the VWB rules it is has a chance to not be as strong. Also looking at the chart you can see this pair has not hit the red 233 dotted line in a while so the opportunities are less if you only wait for fib 233 and it has hit the 144 2nd fib line quite a bit and gone back to the channel, just my observations here. On the 4hr module this pair was an entry for a buy from what I can see, daily was pointing long, 8 sma was pointing up too. So everything is cool. The pair is a weird moving pair too.





Quoting dof
1 day. I have the signal accodind to mr. Biggalow, harami with a indecision day. Where there something wrong with my thinking?
  • #126
  • Mar 6, 2006 9:26am Mar 6, 2006 9:26am
Quoting lambrechtj
Not really a problem with your thinking, According to the VWB methods it needs to touch the dotted 233 red line on the Daily that is the point where it runs out of steam. How ever nothing is 100% and you could still make money on this one. It is just by the VWB rules it is has a chance to not be as strong. Also looking at the chart you can see this pair has not hit the red 233 dotted line in a while so the opportunities are less if you only wait for fib 233 and it has hit the 144 2nd fib line quite a bit and gone back to the channel, just my observations here. On the 4hr module this pair was an entry for a buy from what I can see, daily was pointing long, 8 sma was pointing up too. So everything is cool. The pair is a weird moving pair too.
That's exactlly what I've notice too " pair has not hit the red 233 dotted line in a while"
Try hard, think fast, die young
  • #127
  • Mar 6, 2006 3:30pm Mar 6, 2006 3:30pm
03/06/2006 at 4.30pm est
Attached Image
  • #128
  • Mar 6, 2006 4:33pm Mar 6, 2006 4:33pm
Quoting dof
Well I'm testing another thing... cup & holder or whatever it's. Seems to me that has a good % succes... I'll let you know
Keep me updated... and I think you were refering to Cup and handle.
  • #129
  • Mar 6, 2006 4:36pm Mar 6, 2006 4:36pm
Quoting vishalshan
Position size on live?? Have you been doing VWB for long time..just curious to know how many people are doing VWB live with big money.

I'm still demoing on VWB with results getting better day by day..looking forward to go live soon.

Shan
No, demo on interbank. I'm not in a rush to get started live yet, learned the outcome of that back when I first started trading stocks and options LOL. I probably intend on starting maybe May or June? I still have to catch up on futures, don't understand them to the fullest extent.

I have been doing VWB for about 2.5 months now. I started studying it when VWB1 was first released.
  • #130
  • Mar 6, 2006 4:44pm Mar 6, 2006 4:44pm
Quoting vishalshan
03/06/2006 at 4.30pm est
Thanks Shan, for re-sorting the list
I [and I'm sure others] appreciate the work you are putting ito this.

Q,
Are you observations Visual or Mathematical?
I have no problem with visual. I understand the mind can assimilate anomalies waaaay better than math/programming.
  • #131
  • Mar 6, 2006 5:50pm Mar 6, 2006 5:50pm
Quoting xspowerx
Keep me updated... and I think you were refering to Cup and handle.
Well, as u can see, EUR / CAD had a big move up today, so c&h was a winer
Try hard, think fast, die young
  • #132
  • Mar 6, 2006 7:25pm Mar 6, 2006 7:25pm
Quoting dof
Well, as u can see, EUR / CAD had a big move up today, so c&h was a winer
Hmm are you sure its EUR/CAD? I don't see much movement in the last couple of days..
  • #133
  • Mar 6, 2006 7:29pm Mar 6, 2006 7:29pm
Quoting Bemac
Thanks Shan, for re-sorting the list
I [and I'm sure others] appreciate the work you are putting ito this.

Q,
Are you observations Visual or Mathematical?
I have no problem with visual. I understand the mind can assimilate anomalies waaaay better than math/programming.
Bemac,

This is just a simple visual observation..anyone looking at the daily charts can come to this conclusion at a glance...the main purpose of my posting here is to check and confirm everyone is reading the signals the same way..I would be delighted to see if some one pops up and say 'hey, you have missed one signal'..so I'm also pretty much benefitted by this

Shan
  • #134
  • Mar 6, 2006 7:34pm Mar 6, 2006 7:34pm
Quoting dof
Well, as u can see, EUR / CAD had a big move up today, so c&h was a winer
Hope you meant usd/cad..good work dof...would appreciate if you could post a chart and explain what exact formation you saw and your trade plan.

Shan
  • #135
  • Mar 6, 2006 7:36pm Mar 6, 2006 7:36pm
Well I recently sold the last of my EURJPY.... it was a fun ride. Time to move on.
  • #136
  • Mar 6, 2006 8:26pm Mar 6, 2006 8:26pm
Quoting xspowerx
Hmm are you sure its EUR/CAD? I don't see much movement in the last couple of days..
Sorry, my bad, USD / CAD
Try hard, think fast, die young
  • #137
  • Mar 6, 2006 8:29pm Mar 6, 2006 8:29pm
Quoting vishalshan
Hope you meant usd/cad..good work dof...would appreciate if you could post a chart and explain what exact formation you saw and your trade plan.

Shan
I post the chart, couple of posts back, it's a harami followed by a doji. The price was at the second fib line. Normally(after vegas system) it's suposed to be at the 3rd, but as u can see, the 3rd line wasn't touched often.
Try hard, think fast, die young
  • #138
  • Mar 7, 2006 9:24am Mar 7, 2006 9:24am
Quoting dof
I post the chart, couple of posts back, it's a harami followed by a doji. The price was at the second fib line. Normally(after vegas system) it's suposed to be at the 3rd, but as u can see, the 3rd line wasn't touched often.
Thanks dof...hope you are using risk model 1..
  • #139
  • Mar 7, 2006 9:38am Mar 7, 2006 9:38am
03/07/2006 at 10.35 est..
Attached Image
  • #140
  • Mar 7, 2006 10:41am Mar 7, 2006 10:41am
Quoting vishalshan
Thanks dof...hope you are using risk model 1..
Well... the risk model model is the fib numbers that are projected. I use a indictor wich project all the fib numbers in the risk models and color red the important fib line. In USD / CAD the important one is not the one I took when I put the trade, but the one before and here are my resons:
* price was as the trend line
* price was at that fib line
* harami follow by doji (but doji was a weekend day and that's a minus)
* the RSI just escape from overbought are (was < 30 and then was > 30)
* posible cup & handle forming
Too many signals for the trade to be ignored, in my opinion. It's not the clasical vegas system, but we have to use and adapt, am i rigth?
Here is an updated picture:
Attached Image
Try hard, think fast, die young
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