Andrew
I suggest that you and all VP owners sign up for the free Intermarket Analysis webinars given by Brian Talbot of Alaron. They usually have several a month and show the use of VP with various markets including a Forex pair. Brian uses SSTO 14/3/3 and MACD to confirm his trades on the daily charts based on the PTM/MA 10 day XO, talks about entry techniques, stop losses, and exit techniques, and I have found them very useful. I am using these techniques with profitable results. Much of the failure with VP seems to me to be associated with too close stops and not wanting to see an initial drawdown of perhaps 60 or more pips. There are entry techniques such as using Ph/Pl on a retrace that can reduce the drawdown (and be used to add to a position). His trades run for from 7 to 10 days with some into weeks.
The main thing is that the VP xo’s can and work as you can see that from the VP daily charts – with care and using VP parameters like NI and Strength.
The site is: http://www.genesisft.com/training/alaron.asp
Unfortunately none appear to be scheduled right now, the last was on May 19 I think. You may contact Brian Talbot at [email protected]
VP should be purchased only when special offers are made -- this weekend closes one such -- $775 for 10 markets (+2free).
Best regards
Trinity
I suggest that you and all VP owners sign up for the free Intermarket Analysis webinars given by Brian Talbot of Alaron. They usually have several a month and show the use of VP with various markets including a Forex pair. Brian uses SSTO 14/3/3 and MACD to confirm his trades on the daily charts based on the PTM/MA 10 day XO, talks about entry techniques, stop losses, and exit techniques, and I have found them very useful. I am using these techniques with profitable results. Much of the failure with VP seems to me to be associated with too close stops and not wanting to see an initial drawdown of perhaps 60 or more pips. There are entry techniques such as using Ph/Pl on a retrace that can reduce the drawdown (and be used to add to a position). His trades run for from 7 to 10 days with some into weeks.
The main thing is that the VP xo’s can and work as you can see that from the VP daily charts – with care and using VP parameters like NI and Strength.
The site is: http://www.genesisft.com/training/alaron.asp
Unfortunately none appear to be scheduled right now, the last was on May 19 I think. You may contact Brian Talbot at [email protected]
VP should be purchased only when special offers are made -- this weekend closes one such -- $775 for 10 markets (+2free).
Best regards
Trinity