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There are three separate strategies in use. The 1-hour chart uses 144/169, the 4-hour chart uses 55/8, and the daily chart uses 24/28. Most traders monitor potential reversals on the daily with 24/28, then time their entries using the 4-hour 55/8 setup. This combination helps align long-term trends with optimal trade entries.
They're 3 individual egies altogether.
The 1 hour uses 144/169, 4 hour uses 55/8 along with the daily uses the 24/28.
I believe most folks on here uses the daily with the 24/28 to watch for possible reversal and enter their trades with the 4 hour which uses the 55/8.
Hope that helps.
I examine all of them and have downloaded the Vegas files over the previous 3 times. They have been advancing but in precisely the same time quite taxing on mepersonally, there's so much information.
I've reached the point where I've been going over and over the 1-4hr tunnel techniques and am a little confused. I am considering Chapter 3 and have read the VEGAS WEALTH BUILDER component one -- equipping the 1hr and 4hr Tunnel methods.
I've recently also read a different 14 page document Vegas has done which was released with VWB part 2, only called the 4hr Tunnel Method.
I am confused because these appear to be contradicting each other. In the original VWB it says to use a 144 and 169 EMA however in the 14page 4 hr tube record it says to use 21EMA along with a 5SMA for each week and a 55SMA along with a 8SMA on the 4hr Chart.
So going with this I am still unsure which method to use. The method mentioned in the method or the VWB explained in the 4hr Tunnel document that was different.
Any help would be greatly appreciated.
Thanks a lot for the time
Andy