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Vegas Method - has it been successful for others?

  • #61
  • Apr 5, 2006 10:00am Apr 5, 2006 10:00am
Quoting smjones
Last week's total pips made from 4 hour tunnel VWB

03/21/06 19:00 place 3 lot short GBPUSD 1.7547
03/22/06 20:00 one lot limit out at tunnel 1.7452 profit = +95 pips
03/24/06 04:00 one lot limit out at 144 fib 1.7318 profit = + 229 pips
03/24/06 09:30 one lot hit trail stop at 1.7358 profit = +189 pips

03/26/06 20:00 3 lots buy GBPUSD at 1.7427
03/26/06 22:34 one lot limt out at tunnel 1.7467 profit = +40 pips
03/28/06 07:33 2 lots trail stop at 1.7502 profit = +150 pips

03/28/06 15:00 3 lots short at GBPUSD 1.7434
03/29/06 09:10 one lot limit out 144 fib 1.7330 profit = + 104 pips
03/30/06 09:30 2 lots trail stop at 1.7423 profit = + 22 pips

03/30/06 10:00 3 lots buy GBPUSD at 1.7449
03/31/06 07:24 3 lots stopped at B E profit = 0 pips

04/02/06 17:56 3 lots short at 1.7367 GBPUSD
04/03/06 05:00 1 lot limit out at 1.7287 profit = +80 pips
04/03/06 10:47 2 lots trail stop at 1.7343 profit = +48 pips


Total = 957 pips

These are actual trades with 4 hour tunnel method, not to bad.

SMJ

I can't imagine what yr pips will be like if u trade all the majors
The future depends on what we do in the present.
  • #62
  • Apr 5, 2006 10:05am Apr 5, 2006 10:05am
Quoting compro99
I can't imagine what yr pips will be like if u trade all the majors
I have traded Cable for about 3 years and know it inside and out. I know it's rhythms and it feels like a warm blanket. I used to try to trade all 6, but it was too hard for my limited intellect to comprehend. Besides, I would not be comfortable with that much money on the table. ( the Blackjack player in me).

Thanks for the complement. SMJ
  • #63
  • Apr 5, 2006 10:45am Apr 5, 2006 10:45am
Quoting bigballer
Does your website (james16group.com) give these same alerts with the $99 monthly fee?

thanks
Hi bigballer,

yes, you get the PAP signals (alerts) from Vegas.
Keeping it Simple
  • #64
  • Apr 5, 2006 10:59am Apr 5, 2006 10:59am
HaBeeb,

Cool, I am going to sign up with them.

But I need to find out if the signals can come to my cell via text message?

thanks
E
"We are the superior beings, we obey no one!"
  • #65
  • Apr 5, 2006 11:16am Apr 5, 2006 11:16am
Quoting bigballer
HaBeeb,

Cool, I am going to sign up with them.

But I need to find out if the signals can come to my cell via text message?

thanks
E
Yes they can go to your cell phone as long as it has acell number and email address 800[email protected]
  • #66
  • Apr 5, 2006 11:22am Apr 5, 2006 11:22am
Awsome!

Thanks guys....

Now lets make some money!

E
"We are the superior beings, we obey no one!"
  • #67
  • Apr 5, 2006 3:40pm Apr 5, 2006 3:40pm
Quoting bigballer
Dial and James,

as per your post:

I might as well throw my two pips in. Here are three of my V4 trades near the end of March. Mix these with my losses earlier in the month and I ended up with 1117 pips for March.

GBPUSD (445 pips total profit)
Short 3 Units 3/19/06 @ 21:02 1.7534
1st Unit off 3/23/06 @ 10:11 1.7407 (127 pips profit)
2nd Unit off 3/24/06 @ 9:30 1.7375 (159 pips profit)
3rd Unit off 3/24/06 @ 9:30 1.7375 (159 pips profit)

EURUSD (407 pips total profit)
Short 3 Units 3/20/06 @ 19:27 1.2132
1st Unit off 3/23/06 @ 10:28 1.1997 (135 pips profit)
2nd Unit off 3/24/06 @ 10:01 1.1996 (136 pips profit)
3rd Unit off 3/24/06 @ 10:01 1.1996 (136 pips profit)

USDCHF (552 pips total profit)
Long 3 Units 3/20/06 @ 00:17 1.2933
1st Unit off 3/22/06 @ 13:09 1.3055 (122 pips profit)
2nd Unit off 3/24/06 @ 10:01 1.3148 (215 pips profit)
3rd Unit off 3/24/6 @ 10:01 1.3148 (215 pips profit)

Total profit on all three trades = 1404

Dial

---------------

Does your website (james16group.com) give these same alerts with the $99 monthly fee?

thanks
Hi bigballer,

These three trades are from the Knife system, which is based on the Vegas 4 hour method. The PF contains a detailed tutorial which fully discloses the system. There are also several related discussion threads where subscribers can ask questions, post trades and discuss the system. Since the system is fully disclosed, you will be able to determine your own entry and exit points. So, there are no signals provided for the Knife.

However, for the VWB method, Vegas sends out signals to his subscribers. These signals are mirrored by the PF at no extra charge. Currently, I allow the PF subscribers two email addresses to receive the signals. Most subscribers provide me with a regular text email and their cell phone text messaging address.

Let me know if you have further questions.

Dial
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  • #68
  • Apr 5, 2006 4:48pm Apr 5, 2006 4:48pm
Hi Dial,

So if I understand this correctly, I should become a member of james16group.com, which has the PF system and the signals from this which mirrors the VWB....and access to the Knife system.

But do I also need to be a member of Vegas?

thanks for your info!
E
"We are the superior beings, we obey no one!"
  • #69
  • Apr 5, 2006 5:09pm Apr 5, 2006 5:09pm
Quoting bigballer
Hi Dial,

So if I understand this correctly, I should become a member of james16group.com, which has the PF system and the signals from this which mirrors the VWB....and access to the Knife system.

But do I also need to be a member of Vegas?

thanks for your info!
E
PF = Private Forum

You don't need to be a member of Vegas.

Take Care
Habeeb
Keeping it Simple
  • #70
  • Apr 5, 2006 5:12pm Apr 5, 2006 5:12pm
Dial,

Does your Knife system have objective/mechanical rules, or is it partially discretionary? Just wondering.

Thanks,
John


Quoting diallist
Hi bigballer,

These three trades are from the Knife system, which is based on the Vegas 4 hour method. The PF contains a detailed tutorial which fully discloses the system. There are also several related discussion threads where subscribers can ask questions, post trades and discuss the system. Since the system is fully disclosed, you will be able to determine your own entry and exit points. So, there are no signals provided for the Knife.

However, for the VWB method, Vegas sends out signals to his subscribers. These signals are mirrored by the PF at no extra charge. Currently, I allow the PF subscribers two email addresses to receive the signals. Most subscribers provide me with a regular text email and their cell phone text messaging address.

Let me know if you have further questions.

Dial
  • #71
  • Apr 5, 2006 5:19pm Apr 5, 2006 5:19pm
Thanks HaBeeb!

Cool, signing up.......

The Knife system, is there an Expert Advisor for it also? Or strickly mechanical entries?

thanks
"We are the superior beings, we obey no one!"
  • #72
  • Apr 6, 2006 12:04pm Apr 6, 2006 12:04pm
Dial,

I am now signed up with james16 subscriotion!

Looking forward to trading the system!

Thanks

E
"We are the superior beings, we obey no one!"
  • #73
  • Apr 6, 2006 12:26pm Apr 6, 2006 12:26pm
Quoting FXLogic
Dial,

Does your Knife system have objective/mechanical rules, or is it partially discretionary? Just wondering.

Thanks,
John
Hi John,

Entry, Exit and Stop are mechanical although there is room for discretion to be used if one desires.

Determination of trade direction is discretionary.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #74
  • Apr 6, 2006 12:28pm Apr 6, 2006 12:28pm
Quoting bigballer
Thanks HaBeeb!

Cool, signing up.......

The Knife system, is there an Expert Advisor for it also? Or strickly mechanical entries?

thanks
Hi bigballer,

Thanks for signing up, and welcome aboard!

There is no Expert Advisor, but a custom MQ4 "indicator" is provided.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #75
  • Apr 6, 2006 3:17pm Apr 6, 2006 3:17pm
Thanks, Dial.



Quoting diallist
Hi John,

Entry, Exit and Stop are mechanical although there is room for discretion to be used if one desires.

Determination of trade direction is discretionary.

Dial
  • #76
  • Apr 6, 2006 4:01pm Apr 6, 2006 4:01pm
thanks Dial.

Is there a 4 Hour Tunnel EA yet?

And is there a Knife EA that is going to be created as an EA?

thanks in advance

Eric
"We are the superior beings, we obey no one!"
  • #77
  • Apr 6, 2006 4:28pm Apr 6, 2006 4:28pm
Quoting bigballer
thanks Dial.

Is there a 4 Hour Tunnel EA yet?

And is there a Knife EA that is going to be created as an EA?

thanks in advance

Eric
Hi Eric,

I'm not an MQL developer (maybe someday) so I haven't written anything for MetaTrader. Even if I was, I would have no interest in writing an EA for the Knife because I neither trust, nor believe in automated trading. I also think there is too much discretion required in the Knife for an EA to work. I could be wrong though because as I said I'm speaking as a non-developer.

I also firmly believe that letting a machine do your trading for you is not the way to learn how to become a good trader. That goal requires hands on experience, and to me that experience is too valuable to hand over to some dumb computer.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #78
  • Apr 6, 2006 4:34pm Apr 6, 2006 4:34pm
Yes,

I have to agree with you to a degree, letting a computer do your trading is not the compete answer.

I do however know that an correctly programed EA can send an alert signal ONLY based on the perameters set by a system and the trader executes the trades.....just a thought for the future maybe.

Again, nothing like learning to do it the right way as you mentioned!

thanks
E
"We are the superior beings, we obey no one!"
  • #79
  • Apr 6, 2006 4:48pm Apr 6, 2006 4:48pm
Quoting bigballer
Yes,

I have to agree with you to a degree, letting a computer do your trading is not the compete answer.

I do however know that an correctly programed EA can send an alert signal ONLY based on the perameters set by a system and the trader executes the trades.....just a thought for the future maybe.

Again, nothing like learning to do it the right way as you mentioned!

thanks
E
Well I'll be a big dummy! Great idea Eric! It never occured to me that an EA could be used just to generate an alert. I thought it was only for automation. That's what comes from me being ignorant about MQ4 programming.

Now you've got me thinking. Since the entry signal is mechanical and the trade direction is more discretionary, then an alert that pings on an entry signal could alert the trader to check the charts to see if the signal is in alignment with the trade direction. <sigh>, I just wish I had time to learn MQ4 programming.

Thanks Eric

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #80
  • Apr 6, 2006 5:13pm Apr 6, 2006 5:13pm
Oh man,

Did I get a laugh out of that response........

Yeah, I had Steven over there at Interbank FX create for me one, and now it is working. Not a great one, but involves RSI and MA crossovers.

But yes, it can be programed to send out alert emails ONLY !!!!!!!!!!!!!!


Now, do I have you thinking????!!!!

Eric
"We are the superior beings, we obey no one!"
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