Walter`s "5 min Laddering" trade

[walterw 10]

On this thread I will talk about the "5 min Laddering" trade...

 

On this previous posts http://www.traderslaboratory.com/forums/24/playing-with-the-vmar-s-open-2440-9.html I already presented some basic concepts of this trade with charts and videos... I would say this are the smaller universe "vmar icons" because the icon concept still is in there and here we start to integrate one great concept vma has wich is laddering...

 

Now positive laddering from a small time frame doesnt have so much significance as positive laddering on a higher time frame, for example the positive laddering of a 5 min chart is much more significant than 1 min...

 

and as I like to find my trade arguments on a more robust timeframe like 5 min... then positive laddering on 5 min really is our shot here...

 

How does possitive laddering on a 5 min chart look like ?

 

 

 

simple, you have an "Horizontal Effect" (HE) going on, when he ends and the black lines starts to continue on the same original direction, thats a "positive laddering"...

 

notice I am using fantailvma1 on 5 min.... gotta take coffe... continue on next post... cheers Walter

[walterw 10]

Now this laddering talks about a strong intention in the market... after a clean pause ( actually the pause is erratic and noisy, but vma HE is clean).. we have this continuation going on...

 

NOW here comes again my "ICON"... but this time more smaller... because they are actually inside the "positive laddering"...

 

 

you see thats how we can get into the most competitive spots... thats what icons are all about...

 

Icons give you the chance of getting inside the most competitive spots on this trades :

 

 

now, how do we get this spots clearly determined ?.... well thats posible on a smaller time frame... in this case it will be 1 min... thats where we can identify pullbacks and timing entries... thats where the new modern fantailvma3 can make a clean job showing us this price action... cheers Walter.

[walterw 10]

Now for this trade... you basicly have this secuence of events :

 

_ Horizontal effect on 5 min

 

_ Black line starts to take off on 5 min "laddering"

 

 

then :

 

_ We have a pullback (defined on 1 min)

 

_ We have a Timing Entry signal (defined on 1 min)

 

so far I explained HE and take off laddering on 5 min...

 

This video deals with this two first events...

 

next we talk about pullback and timing entry on 1 min chart... cheers Walter.

HE and Laddering on 5 min.swf

[Reaver 10]

Nice! (Borat voice)

 

Seriously though great info, chimp.

[walterw 10]

Nice! (Borat voice)

 

Seriously though great info, chimp.

 

 

Thanks Reaver ¡¡.... its taking shape... cheers Walter.

[Reaver 10]

You're quite an asset to the forums man.

[walterw 10]

Here on this post http://www.traderslaboratory.com/forums/24/playing-with-the-vmar-s-open-2440-11.html I explain some new timing definitions using the fantailvma3 template on a 1 min chart...

 

This is how a chart looks like :

 

 

 

 

 

as I explained on that post this yellow line gets inside or outside the rainbow giving us some clear timing definitions... On that thread we still are dealing with possible timing optimizations... so this timings are still not definitive... any way the overall concept of this "5 min laddering" trade is already taking shape...

 

Now let me show you how pullback and timing definition of the icon pattern is identified thru the 1 min chart without much dificulty thanks to the fantailvma3 template...

 

 

you could take this trade on the 1 min more confident as you know a laddering is going on at the 5 min chart... cheers Walter.

[walterw 10]

You're quite an asset to the forums man.

 

 

Thanks Reaver... I like to help other people as I also receive a lot from my dear God and other great people that helped me a lot on this journey... I expect others can find this same blessings I did find and then share it with others... that will be my greatest achievment.... cheers Walter.

[walterw 10]

Here is another example of this "5 min Laddering" trade...

 

 

 

cheers Walter.

[hanz 10]

Looks Like Trollman's Rainbow

[walterw 10]

Looks Like Trollman's Rainbow

 

 

yes Hanz, it has been inspired on some other people work on rainbows... my entire process starts on this thread http://www.traderslaboratory.com/forums/f24/walter-s-forex-trend-trades-2364.html the evolution here comes with vma`s as the rainbow is quite diferent in its performance... cheers Walter.

[Blu-Ray 10]

Walter

 

Once again, great stuff, just a quick a question, I know that you and PYenner were experimenting the different lengths of the vmar, so I got got lost a bit ( as i dont use MT4 ) with the fantailvamr2 and fantailvmar3, could you tell me the settings you are using on the vmar3 please?

 

Cheers

 

Blu-Ray

[walterw 10]

Walter

 

Once again, great stuff, just a quick a question, I know that you and PYenner were experimenting the different lengths of the vmar, so I got got lost a bit ( as i dont use MT4 ) with the fantailvamr2 and fantailvmar3, could you tell me the settings you are using on the vmar3 please?

 

Cheers

 

Blu-Ray

 

I would suggest Blu-Ray to contact via pm with Pyenner as there has been a complete new programing aproach on this lines for version 3... Pyenner knows what this is all about... cheers Walter.

[Armand 10]

Thanks Walter. I like this 5 min laddering method. Just to clarify...you are using the fantailvma1 on the 5 min and the fantailvma3 on the 1 min? I am still trying to determine the best times to watch the AUDUSD market. I know the US market time is good 9:30am EST - 4:30pm...Are there other good times for this? Thanks...Armand

[walterw 10]

Thanks Walter. I like this 5 min laddering method. Just to clarify...you are using the fantailvma1 on the 5 min and the fantailvma3 on the 1 min? I am still trying to determine the best times to watch the AUDUSD market. I know the US market time is good 9:30am EST - 4:30pm...Are there other good times for this? Thanks...Armand

 

 

Yes Armand... thats my indicators settings at this point...

 

About times of day, London open until US close is the most liquid time, anyway this method works just about any time of the day... would not recomend taking trades late friday... cheers Walter.

[walterw 10]

Here a video with some examples of this "5 min Laddering" trades... cheers Walter.

Some examples of 5 min laddering trades.swf

[walterw 10]

After the Fed Hurricane... things get back to normal and look this beautifull "5 min Laddering" trade setup work like a charm...

 

 

 

the power from both vma`s is unleashed, one for setupping purposes on the 5 min chart, the other for timing purposes on the 1 min chart...

cheers Walter.

[walterw 10]

Another video of example...

 

I will probably manual test 3 years worth data of this trade... will see what format I will make it shareable to you guys, been asked wich setup I like more... have to confess this "5 min laddering" trade its really very promising one... and I feel very confortable with it... more trade oportunities on the day, good RRR and its easy and simple to spot... would like to hear your inputs guys if you are following this thread, what you think... hope I didnt get anybody too confused on this open research... for new followers I put on my signature the link to the three threads In recomended order of study wich can clear up how this evolved to this point... also going thru it several times can make you understand the power of vmar`s... cheers Walter.

5 min laddering 1.swf

[Armand 10]

Thank you for the videos Walter...please keep them up. They are very helpful and make things very clear. Thanks...Armand

[walterw 10]

Thank you for the videos Walter...please keep them up. They are very helpful and make things very clear. Thanks...Armand

 

Glad you like it Armand... this is the method I feel more confortable so far on all this research process so I will post a lot on it... cheers Walter.

[Armand 10]

Yes...I like it too and look forward to your posts. I can go back after the day is over and easily see the VMAR Icons but the challenge for me is seeing them happen in real time. However, seeing the "settingup" on the 5 min. and then waiting for the fantailvma3 to pop out of the rainbow on the 1 min. seems to be the key...I think I just need more more screen time...thanks Armand

[walterw 10]

Ok I will start posting examples here... not all trades have fantastic outputs, but the overall performance is what I like most...

 

Here I start posting two "5 min laddering" trades...

 

The first one was not big deal :

 

 

the second one was more atractive :

 

 

 

If you where to aproach this in a more scalping filosofy you will have plenty of oportunities per day to make a nice daily target... cheers Walter.

[walterw 10]

More examples

 

 

 

[walterw 10]

Some examples on video... cheers Walter.

examples.swf

[brownsfan019 17]

Walter,

I wish I knew where you had all this energy to create some of these posts. This is the kind of stuff that makes TL an attractive forum to people - your threads are always worth viewing, I think the Candlestick Corner is a nice little spot and even Dogpile has some good stuff going now!!!

 

With all this good stuff on here, the question won't be is it worth visiting TL, the question is where is your time best spent!