I regularly receive PMs from people who ask about the VP based "set & forget" trading strategy that has evolved since the first of the year. Most ask where they can find a description of this strategy. So..........I am attaching the Excel spreadsheet that has served as a basis for effectively trading VP predictions. And my most recent description of how I use a 4 hour chart with a Stochastic indicator. This is NOT all I use or all I do to trade profitably with VP. But it is a very good start for someone who has this software and is willing to put in the time and effort required to develop a trading strategy that will work. How do I know? Because I receive e-mails from people who have taken this basic strategy and tweeked it to fit their trading style. That's what I've done and it works very well for me day in and day out, week in and week out. It's really that simple. It would be impossible for me to explain or try to teach how this is done. But it can be learned. I'll say it again: it takes time and effort, like anything else that is worthwhile in life. It was Fijitrader who provided the basis (and encouragement) for my strategy development and since he moved on from VP development, I have spent literally hundreds of hours developing the system that works best for me. I hope you can use what I am posting here as the basis for developing your own profitable system.
From a previous post:
My explanation on the use of the 4 hour Stochastic was this: At 5:30 PM ET, after having downloaded data from CSI, updating VP predictions and entering the data in my spreadsheet, I look at the slow Stochastic (9,7,7) on the 4 hour chart. I am looking for a strong indicator; ie, good angle and separation of the two lines. For a buy I would like the lines below the 50 level pointing up (opposite for a sell). I will then enter only ONE order depending on the Sto signal. If the Sto is flat, pinched, at an extreme level and turning or in some other way not giving a clear signal, I'll pass on this pair today (tomorrow is another day and I have 10 pairs to choose from). But I will record the data for research purposes. As I've written before, this is not a strategy you can execute blind-folded, I use discretion developed from trading with VP for almost 10 months (this is NOT something that can be taught, only learned from experience and trading REAL $$$).
I hope this helps some of you who are trying to use VP effectively!
From a previous post:
My explanation on the use of the 4 hour Stochastic was this: At 5:30 PM ET, after having downloaded data from CSI, updating VP predictions and entering the data in my spreadsheet, I look at the slow Stochastic (9,7,7) on the 4 hour chart. I am looking for a strong indicator; ie, good angle and separation of the two lines. For a buy I would like the lines below the 50 level pointing up (opposite for a sell). I will then enter only ONE order depending on the Sto signal. If the Sto is flat, pinched, at an extreme level and turning or in some other way not giving a clear signal, I'll pass on this pair today (tomorrow is another day and I have 10 pairs to choose from). But I will record the data for research purposes. As I've written before, this is not a strategy you can execute blind-folded, I use discretion developed from trading with VP for almost 10 months (this is NOT something that can be taught, only learned from experience and trading REAL $$$).
I hope this helps some of you who are trying to use VP effectively!
Attached File(s)
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