[walterw]

Originally Posted by Armand »

Walter...thanks once again for the videos, they clear up many things. I appreciate you showing an example of a trade that didn't work out. However, after watching the video I had a question. Should we also be looking for "positive laddering to the downside?" If this was also part of the vmar icon definition then we would not have taken this trade to begin with. I have included a screenshot of the chart in your video. I may have it wrong...I am just trying to learn...I welcome your comments. Thanks again...Armand


http://www.traderslaboratory.com/for...1&d=1190855975

good question Armand... in the case of vmar icons, the setuping process and even at the time of timing you are actually anticipating positive laddering... so for this trade the laddering is used to "confirm" the health of an already open position... thats where we have some diference wuth the "5 min laddering trade" where we actually use the laddering to catalize the setup...

so to make simple the answer : you open the trade BEFORE you got any positive laddering... hope this answers.... cheers Walter.

[walterw]

Originally Posted by shreem »

Hello Walterw, thank you very much for this new video. Very informative and interesting. Everyday I look at your videos and more and more my learning curve increase.

I really like the FantailVMA1, very smooth and give a clear indication when not to trade when we get a perfect HE.

Sincerely

Shreem

yes Shreem, we have to be greatfull to James for allowing us this great hability to post videos as they make much more easier the comunication of ideas... glad to be of help... please Shreem feel free to post charts and all kinds of questions... cheers Walter.

[Armand]

Originally Posted by walterw »

good question Armand... in the case of vmar icons, the setuping process and even at the time of timing you are actually anticipating positive laddering... so for this trade the laddering is used to "confirm" the health of an already open position... thats where we have some diference wuth the "5 min laddering trade" where we actually use the laddering to catalize the setup...

so to make simple the answer : you open the trade BEFORE you got any positive laddering... hope this answers.... cheers Walter.

Yes, this answers my question. Thanks...Armand

[walterw]

So finally after a large up move the market decided to cross down the magenta line giving us a nice vmar icon trade...



let me expand about some exits alternatives on the next posts... cheers Walter.

[walterw]

One exit alternative we have is exiting the trade after a LARGE wave...

When things start to move on our way, they normally do it in several waves... some fantastic trades you may have a 1 super wave making your dopamine boost... but thats not the normal real life scenario... so this "waves" are small and large waves... its interesting to see how normally the first one is a small one and the second one is larger (some kinda 3rd wave elliot theory ) but some other cases you have several small waves until the large comes in...

my idea here would be this... EXIT when a LARGE wave showed in... as there is not much probablilty of getting any better than that... it "may" get better but my grandmother always said, better one bird on hand than a hundred flying ¡¡¡ wise granny... so in this case when the large wave shows up we get out once the yellow line starts getting inside the rainbow (magenta square)...

here I attach some examples of past posts with this exit idea introuced there... cheers Walter.

[walterw]

two more charts

[walterw]

So we could call this exit alternative a "Large Wave Exit".... here goes a video on this... cheers Walter.

[gjn]

Hi guys,
I've been following this thread for some time now and I'm amazed by the work that Walterw, Pyenner and others are doing. As my little contribution, I enclose the compilation of the stuff covered so far as 2 pdf files - see the attachments.

Cheers,
gjn

P.S.
Walterw, could you please post the working VMA3 for the VT platform, if possible. I would love to compare its performance with VMA1 which I currently have. I really appreciate your help!