Alien's Extraterrestrial Visual Systems
Alien's Systems are a Group of Individual Systems, when used together, will give you Extraterrestrial Confidence with your trading, to pull the trigger , or stay out of the Markets when you should not be in them.
Intelligent and Adult like Behavior is the only rule, or you will be sent packing................Life is too short to waste on anything less then this.......Thank You !
Your input is welcome, as long as it follows the only rule here............
We will cover each System with it's Basic Methodology and then begin to add to them as time goes on.
Our Goal here, is to Learn How to stay on the correct side of the Trade.
When to trade and when NOT to Trade.
Alien is a Visual type of trader, Likes Momentum Trading, and can tell when the market is about to turn on Larger Time Frames and Small...........
Entries and Exits will be shown and why.........
Powerful Trend entries and how to find them.
How to stay in the trade with confidence. Ride the Trend to the End...........
The most Powerful Idea behind this Thread is to have Fun !
Alien does not live on this forum, he is off building UFO's, but visits several times a day, to reply to your questions...........
Let's get started now !
Alien Returns November 12th 2017.........
We are going to start off with learning the RSIOMA to keep us on the correct side of the trade. Later we will add to that, to show you long term direction that you can ride for weeks, to make the larger pip harvest...........
Weekend Food for thought. Simple System for locating Near Tops and Bottoms on Larger time frames or Smaller time frames...........
I started with the Daily and you will noticed the RSIOMA is compressed up against the top of it's window.
I then start looking for the same in the H4.
I also look for it in the H1 , M15 and then M5....... you can look for it in the M1 also , but I did not show that........but do use it......
Then I wait for the M1 and M5 to start unwinding to the south or short...........as the M15 follows the M5 and M1, I look for a place to start thinking about shorting it.
I Now Know where Price Action is NOT Going Much Higher and can safely enter shorts. You can spot Divergence in the RSIOMA as the PA drifts higher to a Reversal.........
You must monitor your trade once you set it, because it can retest the high again and may even go against you a bit but will not continue much higher with confidence.
You can now use this for finding bottoms and tops in all the intermediate Time Frames as the Price Action moves around............
This is how I keep on the correct side of my trades...........We will get more detailed with this system in time to show you why Price A
ction Turns on a Dime and takes it away from you..........
When there is not much space between the Two signal lines or they are flat around the 50% line , DO NOT TRADE during that time.......Wait for clear indications and power to move the Price Action....... We will be adding a special ADX system to this in the future to help you find great entries.........
I use this for scalping, swing trading and soon with long term position trading.......enjoy........Alien... ..........
I'll definitively subscribe to you thread, Alieno.
Alien likes to look at Multiple Time Frames to see the coming turns in the Market. As shown below.
Looking at the H1 on UJ - The RSIOMA is in the lower window, Ignor the other indicators for now.
The H1 RSIOMA is compressed high against the ceiling of the window "Marked A" , we are looking for a break of that compression to the downside.
You then look at the next lower time frame, the M15 to look for clues to when the H1 RSIOMA might break to the downside. Divergence in the price still climbing, and the RSIOMA is slowly falling away creating this Divergence, this is the clue that the H1 is soon to come down.
To take this one step further , you can look at the M5 and see the strong fake to the long side and then it crosses back down to give you a great entry.
As time goes on in this Thread , we will be adding other indicators that will give you more clues to when the price action will turn on a dime so you can be on the correct side of the trade.
I will feed this to you in small sections , so you will not get sensory overload and you will have the time for it to sink in and learn it................Alien
good to see that alien home at FF. good luck. but you know the mother of all indicators is ...............
Let me back up a Minute....... Keeping it Simple here......
We are looking at a UJ Daily Chart
When the RSIOMA is Above 50% the market is Long.........
When the RSIOMA is Below 50% the market is Short.........
When the RSIOMA is over 80% this is a Strong Trend, You place a trade and the trend has been in place for over a month, about 600 pips. now that's a trade !
The same goes for when it is below 20%, you better be short.
If you are afraid of trading the Daily, trade Micro's ...........600 pips on a micro is $60 profit and then gear up from there depending on your account size.
Next we will look at checking the other Time Frames of UJ to see what they tell us and what clues they might have for us.
Also we will talk about all pairs in here, I am just using UJ for the moment..............
So it is clear that the Daily is still Long, and you must keep that in mind when you start to look at the lower time frames to pick your entries.
Alien always says it's long until you are proven different............
We see the H4 UJ here, and I high lighted the above 50% area, and you can see the RSIOMA is spending a lot of time in this area, which would tell you the market is Long.
I am not ready to talk about channels yet, but you can see the RSIOMA staying above 50% most the time and the price action coming off the lower trend line and moving to the upper trend line for entries and exits to be taken.
The Daily will turn down at some point in time, your need to watch the H4 for that to start happening.
As the RSIOMA starts to move to less than 50% and spend more time below 50%, a Daily retrace will be happening or a trend change on the Daily will be starting.
According to your RSIOMA US/Yen is still bullish. So this is your main indi, right?
You have seen the H4 UJ.
Now lets match it up to the H1 UJ
Not knowing when the H4 will make it's next turn, I look at the H1, which gives you clear turns. You can take this example and keep going with it.
Not knowing when the H1 will turn, go look at the M15, and then the M5 and you can scalp with the M1
TIP: RSIOMA - When H4 is long and H1 is short and M15 is Long and M5 is short, this equals "Ranging" or a lot of chop. Sit on your hands at this time.
Last TIP : When the RSIOMA is FLAT with no strong direction or is just hanging around the 50% line with no direction. Don't trade........go find another pair to look at.
Monthly is Clearly Long - looking at chart below........
The Weekly is showing signs of Divergence like in my first EJ example talking about the RSIOMA - you can see price going higher and the RSIOMA is falling lower.
The week RSIOMA has crossed long, But this is where the Divergence comes in. also looking at the daily , it is near a top also , compressed against the ceiling waiting to break and come down. The H4 will help us find that break as you watch them together. H4 is still long, as the H4 breaks short again , it my or may not bring the Daily down with it this time, but you will know when that happens by watching the RSIOMA over time , you too will get to understand how to anticipate the turns of the market.
Check the H1 to anticipate the H4 turn as shown..............
Do you find divergences always reliable on your system? and btw you use to spot also hidden div.? Tnk
ForexAlien, what's the small dashboard shown in the bottom right of your chart ?
The week chart below , the ADX shows strong and long for now, looking at the daily below, the price action of daily long has created that ADX long on the weekly.
The RSIOMA Daily is compressing for a drop, only the action of the H4 and H1 will help us with the timing of that drop.
In the weekly chart you can see a Green Stochastic that has turned back long because of the daily long, this 21,10,10 sma mimcs price action, it is another first go to indicator for trend direction.
Ultimately we will learn to enter at a trend start, with momentum and learn when to get out and not exit the trade early like we all do..............
Humans are impatient, overtrade and this becomes their down fall................
I use 2 different dashboards for a quick glance on how the market is trending .
The one FerruFx is referring to is the 20 50 80 multiple TF's , it lets me know in a glance where all the stochastics are sitting.
I will find a trending example for you to look at.
The first example I found is of the ADX in multiple TF's Trending strongly........... second set of windows below have my ADX, the dashboard beside each time frame show different speeds of ADX , 7,21,42,89,144, when the dash board turns all Green Boxes, a strong trend is in place Long or Short, this is an long example.
The 2 dash boards in the chart area on top that FerruFx was asking about, show me that the 8,3,3, and 21,10,10 stochastics are all above the 50% line at the same time and most are above the 80% line also showing me a strong trend in place, these are where you want to be when you place a trade.
Just look at the Price action on all time frames..............
A simple dash board glance to tell you a trend is HOT !
itīs delightfull to see you starting your own thread and explainning so well your galaxy tactics!!
you are many times pretty accurate, and your trading style is promising..I definitly was need how to detect start of trend and reversal, this is being very useful!!
thnank you for your caring and attention bro
I will study this further...........Thanks
I want to start with the simpler concepts that are easy to spot and then go into the money makers later.
You must first crawl, before walking and running..............
I like the way you think!! I am on board for the journey. AG
You are invited to ask questions about any pairs you enjoy, and as time moves forward, we will see some deeper concepts emerge.
Another small concept will be to get you thinking Multiple Time Frames.
Looking at charts from the top down and the bottom back up to make good sound trading decisions.
Below is a quick idea on how one must line up all the Time frames as to enter without much risk involved.
The wave example, Red is Daily, Orange is H4, Green is H1, Blue is M15, Indigo is M15
There is only one place on this chart of Multiple TF's that you can make a safe entry, It is where the M5 drives the M15 long, which drives the H1 long, which drives the H4 long, which drives the Daily all long, at the same time.
If you were to draw a line on any other M5 wave long, it will not line up with the other time frames, and give you a poor trade, or negative pips.
Use the RISOMA to help you find this location for the least risk trade to make.
I will further on this trade idea in the future..............
I will teach you my 5 speed ADX ,
When all 5 speeds of the ADX turn Up, you have a strong trend starting...........
When all 5 speeds of ADX turn Down, your strong trend has ended.........
The first chart shows a larger shot of UJ and I circled where the trend started.
The Second chart show a close up of the 89 ADX Green crossing under the 14 ADX Pink, right at this point all the ADX speeds are long and this Signals the start of the Strong trend.
The speeds used are 7, 21, 42,89,144, - The 7, and 21 will saw tooth up and down as the waves are created, the 42 speed when it turns down is a short term retracement or resting period for the price action.
Only until the 89 and 144 ADX speeds turn down is the strong trend over. In this example the trend is still long as so the 89 , and 144 adx still are long.
Man you use so many indicators, I don't know how you look at all that.
Right now I use a couple of MA's and 3 different stochastics, which at times i feel like is too much, could easily switch to just 2 stochastics, but wow you're on another level with all of these haha.
But since you stick to mostly H4 + I'm sure you're still doing well. If you were trading M15 you'd be a disaster I'm sure.
Anyway, hope you do well.
I am teaching a handful of simple systems, and when you put them together, in time your eyes can scan several charts in a few minutes to place a trade or not, and walk away.
The charts don't need all these indicators to trade, but they sure do give me 98 % accuracy in my trade direction.
I have doubled smaller accounts in 3 1/2 weeks time, when you put your nose to the grind stone , but it is a lot of work.................
This is an AUDUSD example of the RSIOMA and the delayed stochastic in the bottom window, it is happening currently, but PA will pause soon before another trip long.
All TF's are pointed up, anything above 50 is a buy , anything above 80 is a get your butt in the trade.
When the delayed stochastic and RSIOMA have space between them, it's a sure sling shot trade long..............
D Delay Stochastic.ex4
Last lesson of the day..........
AU earlier today had space between the RSIOMA and the delayed stochastic, and now it has done this a second time for profit. on the M5
The ADX is strong and long during this move which helps you with fake out trend direction, the 89 and 144 speed ADX will keep you in the game and not fake you out. Lime green and pink lines on the ADX. until these turn down , the trend is long and momentum is with you.............
and pay close attention to the Green stochastic - I made the settings mimic the PA, so if the green line is moving in a steep direction up or down, that is your trend direction. If the green line turns up, time to change direction, if the green line turns down, time to change direction, IF THE GREEN LINE IS FLAT , DO NOTHING AND WAIT FOR THE NEW DIRECTION TO SHOW IT'S FACE.
Study this chart and see how it mocks PA and learn it.........................Alien... ..................
An Alien thread appears! Glad about that. Off to work now but shall return.
are you going to friendly share your dashoard for adx and price and also your ADX indy? it simplifyes a little, although your explanations and teachings are being great!! thanks again bro*
ps: you donīt trade with many indicators, as stated above, you do trade in multiple time frames, thatīs totally different thing!and itīs hard work!
i find you, like this.
hoping all the good traders that were in "original Euro Yen Institute" will come here, not only for eur/yen
btw i will inform all of you that in Italy a very big "revolution" is coming in a few months
be carefully with eur pair, i will always post news HERE, when something will happen.
I am not here to sell anything, the Dashboards did cost money to develop and get coded. PM me and we can talk more..........
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