I can only agree. When the need to move the SL to breakeven occurs during the night (for Australians) then the only recourse is to use an alert system that warns you to get up and do so.

'Vegas Wealth Builder Part II'

You could take partial profits at + 30-40 pips and then set SL to Breakeven.

james16 Chart Thread

The Pin Bar on the Daily could well signal a reversal, and could be entered at about 1.1573 as a short (at or below the low of the PB). Partial profits could be taken at about 30-40 pips profit and the SL then set at Breakeven.

Vegas Wealth Builder - Part I

There could well be more downside before a stall and reversal.

Vegas Wealth Builder - Part I

Chartmonkey and Vishalshan For some of us in Australia, your inability to trade during the EST active hours is akin to our problem which is that those hours correspond to overnight for us. In Brisbane at present 11pm to 8am next morning. It is vital ...

james16 Chart Thread

After applying the set model to your chart, double click on the model number in the box, and substitute the new model number. Then apply that to the chart as well. Trinity

Vegas Wealth Builder - Part I

Sorry, I don't have the stats you want, but can you explain how you use your adapted indicator to spot reversals -- presumably earlier than on the daily -- but how reliable is this? Thanks Trinity

Vegas Wealth Builder - Part I

foggyTrader I agree that this is a very useful concept just by eyeballing the VP charts on several pairs, either for a high probablility trade, OR as as a means of ADDING to a position entered earlier. Such use of PTS/PTM is solidly based according ...

VantagePoint discussion thread

Yes. You could enter 2+2, close 2 and keep 2 for the later close, of course.

'Vegas Wealth Builder Part II'

lambrechtj A good trading platform will allow you to TP on any number of lots (say 1 of 3). FX Solutions will. Not MT4. You can chart with one service and trade on another. Another solution with MT4 is to open with 3 separate lots and TP as you see ...

'Vegas Wealth Builder Part II'

Thanks for the perspective. Trinity

'Vegas Wealth Builder Part II'

Vegas Having taken half-profit at the daily VWB tunnel, what do you prefer to do if there is little further move, not to the next target fib level, and then some retracement? Similar to the EURJPY on Feb 8? Would the 4H 8 min EMA change of trend be ...

'Vegas Wealth Builder Part II'

Welcome, Jotty From Jim's Course: "this bar is when the open and close are within the prior bar and the body is long/protrudes. coined by martin pring it is lying to you. its telling you one thing and going to do the opposite. best played at swing ...

james16 Chart Thread

Vegas Thanks for your great system and insights. Can you point me to the free website and other good information which you supplied, but which I can't seem to find now? Thanks, again. Trinity

'Vegas Wealth Builder Part II'

Free site recommended by Vegas — Vegas I came across your recommendation for a free site containing good information etc., but did not copy that at the time. Now I can't find it. Can you advise, please. Thanks for a great system. Trinity

Vegas Wealth Builder - Part I

Thanks for the clarification re entry of P Hi/Lo as 10 pips >/<. I shall be trying this out for a while. Trinity

VantagePoint discussion thread

BB Very useful trials. For your B.O. trades you wrote "more than 10 pips beyond the predicted H/L". What was your entry stop -- 15 pips >/< H/L of VP? Thank you. Trinity

VantagePoint discussion thread

Thanks, FT.

VantagePoint discussion thread

Couldn't find anything on VantagePoint, Deanz. Can you be more specific? Thanks. Trinity

VantagePoint discussion thread

Exits and small range days — Hi Jim On the #614 Daily EURUSD Chart example where the buy stop was triggered, would you exit using a trailing stop of about 15 pips? Also I noticed a "small range day" which was followed by a nice reversal and ...

james16 Chart Thread