I must confess I am little confused about a couple things. I get the idea of the system but what I don tget about VWB is the trend exhaustion segment.
i recap what i think ive got and then ask my question.
wait till it at least near the third fib line. this in itself is not a buy signal
wait for a trend exhaustion signal in the form of hammer,spinnin top, 50% retracement in short time to represent volatility.
now my questions- I understand why the trades signals on the deom charts were given but what I dont understand is why more trades were not signaled that have similar setups as those trades taken. The ones inparticular im interested in are the ones that would have been losses. I know all methods have losses but I am having trouble distunguishing why trades werent initiated in more spots. Perhaps a chart or to could be put up to focus on false indications for this method so that I can become more efficient at recognizing them. thanks
P.S. first post inthe forum
i recap what i think ive got and then ask my question.
wait till it at least near the third fib line. this in itself is not a buy signal
wait for a trend exhaustion signal in the form of hammer,spinnin top, 50% retracement in short time to represent volatility.
now my questions- I understand why the trades signals on the deom charts were given but what I dont understand is why more trades were not signaled that have similar setups as those trades taken. The ones inparticular im interested in are the ones that would have been losses. I know all methods have losses but I am having trouble distunguishing why trades werent initiated in more spots. Perhaps a chart or to could be put up to focus on false indications for this method so that I can become more efficient at recognizing them. thanks
P.S. first post inthe forum