Knife is a tweaked version of Vegas' 4H tunnel system. You can find the original 4H tunnel in the beginners section, and the Knife system in the Private Forum section (US$99 a month fee).

VWVB Daily Chart Analysis

Hi Jon, Could you please elaborate a bit further as of how or in which terms are you blending the daily and 4H methods? I am interested because I have just begun researching on the same process myself.

'Vegas Wealth Builder Part II'

I have downloaded their demo and it seems that all the currencies have a set spread of 2 pips. Is this correct?

Any experience with CoesFX?

Geeeeez, are you sure you are not overleveraging yourself to unhealthy levels? I mean, in order to score a 686% in 6 weeks you must have taken insane levels of risk at every trade!

'Vegas Wealth Builder Part II'

Not be disrespectful, but doesnt that kind of sound like playing a lottery where the trader is under the market's (or announcement's) mercy and without any control whatsoever of the situation?

Non Farm Payroll

Hello Shan and thank you for the detailed answer. One further question just to make sure I have understood everything. Those a-to-d elements listed above, are they exclusive or mutually required? I mean, let's say you get a short knife signal (point ...

VWVB Daily Chart Analysis

Very good idea. Im sure we all should be able to discover bad habits over time by doing this exercise.

Repetitive Mistakes

Vishalshan, Please let me know if I got it right: basically, what you do is to wait price to hit an extreme fib level as per the VWB model. Then, if we are for example at the upper extreme fib level, you would enter short upon signal off the Knife ...

VWVB Daily Chart Analysis

No no, I meant his postulates as a whole. I am no expert on it, but after reading an Elliot Waves-based book, I was like "hhmmm yeah, this is pretty neat in a theorically perfect trending scenario, but when do you get those conditions in the real ...

EURUSD

In my opinion, NFP and any other single fundamental announcement, barely affect the general direction of a currency. They sure spike the price in the intraday scope, but once the dust settles, the price resumes its merry way as it was meant to. In ...

Non Farm Payroll

Am I the only one who thinks that Elliot Waves are total nonsense as an useful trading tool?

EURUSD

The way I see cable's long term outlook is as follows:

GBPUSD

Marketwatch (www.marketwatch.com), in their "latest news" section (http://www.marketwatch.com/news/newsfinder/default.asp?siteid=mktw&doctype=806) release fundamental data real time as they pop out in the market within the minute.

Up to date News Source?

Does anyone have any experience working as a FX prop trader that could give some kind of feedback or personal opinions on the field, such as requirements (I guess the typical history record of 6 months profitably trading live?), overall experience, ...

Working In The Financial Industry

Totally agree with your study. Also, Im starting to back-analyze VWB in very trending markets like what we've seen in AUDUSD lately and I am getting to the conclusion that it's better to stay away from this type of markets. VWB seems to like ranging ...

VWVB Daily Chart Analysis

And how exactly do they determine such volume? as far as I know, it's not possible to know for certain as it is not a centralized market.

System design and some tough thoughts on trading FX...

It does indeed look like a breakout of the long ass down trend (coming from may'05) because not only we broke through the trendline, but we furthermore got a bounce up off it from above, which is the confirmation that former resistance has now ...

Lets talk USDCAD

How exactly did you get stopped out? we have been moving north steady ever since the signal came out yesterday when we broke the 50% with momentum at about 10 am EST.

VWVB Daily Chart Analysis

Most price action-based systems like Vegas' or Jim16's are centered around finding areas of significant support/resistance, wait for the price to retrace to those levels and then follow closely price action in order to decide whether to enter or ...

Building a system based on price action

Is it me, or did we get a valid VWB today on USDJPY according to the 3 concept rules at all?

VWVB Daily Chart Analysis