FF_Tunnel (4 Hour) | Forex Factory

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FF_Tunnel (4 Hour)

  • #1
  • First Post: May 28, 2006 10:57am May 28, 2006 10:57am
So I was really excited about the FF_Tunnel, and I tried it for 2 weeks..

and I got KILLED..

Errr.. I'm assuming I'm doing something wrong??

When the indicator gives a warning, I don't trade. When it points in the correct direction, and it says "Ok to Trade" I then enter..

??

I'd love some attached instructions to what I'm missing!!

I've read, reread, and reread every thread on this forum about the FF_Tunnel indicator, as well as Vegas' 4 hour tunnel indicator (have it printed out, read it everytime I go to the bathroom). The theory, etc.. all makes perfect sense to me..

So was the market just against me during that time, and that's just something common, (i.e. drawdown) or I'm just screwing up somewhere and not knowing??

The FF_Tunnel software when in MetaTrader, seems like a no-brainer..

Someone HELP!

Thanks!
google:
  • #2
  • May 28, 2006 11:09am May 28, 2006 11:09am
Hi 2blink,

Well, as far as I know, the current market conditions is not conducive for the knife. I'm waiting for it to settle down for now.

Here's a thread that I think will help you:
http://www.forexfactory.com/forexfor...ead.php?t=3422

By the way, the FF_Tunnel indicator is already a tweaked version onf the vegas 4Hr tunnel.

The FF_Tunnel is the indicator used for the Knife.
Check the thread above and see if it helps.

Regards,
East
  • #3
  • May 28, 2006 12:05pm May 28, 2006 12:05pm
Quoting twoblink
So I was really excited about the FF_Tunnel, and I tried it for 2 weeks..

and I got KILLED..

Errr.. I'm assuming I'm doing something wrong??

When the indicator gives a warning, I don't trade. When it points in the correct direction, and it says "Ok to Trade" I then enter..

??

I'd love some attached instructions to what I'm missing!!

I've read, reread, and reread every thread on this forum about the FF_Tunnel indicator, as well as Vegas' 4 hour tunnel indicator (have it printed out, read it everytime I go to the bathroom). The theory, etc.. all makes perfect sense to me..

So was the market just against me during that time, and that's just something common, (i.e. drawdown) or I'm just screwing up somewhere and not knowing??

The FF_Tunnel software when in MetaTrader, seems like a no-brainer..

Someone HELP!

Thanks!
I'm certainly not an expert, but I believe the key is to know what the condition of the market is. Under "normal" conditions, VWB works very well (I believe). Lately, the past 4-5 weeks, movement has been driven by fundamental views of the dollar - namely a selloff. When this happens, the extreme fib levels are sustained, and false signals are generated.

Someone with more understanding, please pipe up.
  • #4
  • May 28, 2006 2:28pm May 28, 2006 2:28pm
Quoting jerseydevil20
Lately, the past 4-5 weeks, movement has been driven by fundamental views of the dollar - namely a selloff. When this happens, the extreme fib levels are sustained, and false signals are generated.

Someone with more understanding, please pipe up.
This is why stop using VWB daily when I got stopped out twice in the same week. I tried switching down to 4H method to see a better entry point but I didn't see any. That's when you have to switch to something else because the market is in a long ranging period right now.
  • #5
  • May 28, 2006 10:55pm May 28, 2006 10:55pm
WOW.. Thanks for the reply..

I must be the most unlucky person in the world..

Good. (Well, not really good, but at least it was market conditions, and not me screwing up the system)

QUESTION:

What is the "ideal" market situation for the FF_Tunnel??
google:
  • #6
  • May 28, 2006 11:47pm May 28, 2006 11:47pm
Quoting twoblink
WOW.. Thanks for the reply..

I must be the most unlucky person in the world..

Good. (Well, not really good, but at least it was market conditions, and not me screwing up the system)

QUESTION:

What is the "ideal" market situation for the FF_Tunnel??
That question, is something I can't answer for you right now because I am still testing the system.

So I guess we'll have to go down to elimination.
So a strong sell-off or trends shows that it's not conducive, it's out of our choices.

My suspicion is that it is most conducive on somehow ranging markets.
I hope those who have traded this system longer than I could share their knowledge.
  • #7
  • Last Post: May 29, 2006 12:58am May 29, 2006 12:58am
Watch the tide, trade the waves, and enter during the ripples?

I'm hoping to build (together) a kind of survey of what market conditions certain systems work well for.

Note to self: Strong trends not conducive to FF_tunnel..
google:
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