Disliked{quote} What happened that you're losing so much? Did not follow the rules? I would like to know, because you and Marco are the aliens who dominate the whole alien systemIgnored
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Disliked{quote} What happened that you're losing so much? Did not follow the rules? I would like to know, because you and Marco are the aliens who dominate the whole alien systemIgnored
Disliked{quote} Hi Zimba, this is the most probable EWP count for Crude oil. Cheers {image}Ignored
Disliked{quote} One of the things that happen to me with this (Mr. E.'s approach)is that by the time that H4/H1/M15 RSIOMA are below 20 or above 80, the M5 and M1 RSIOMA has already crossed the 50 line. In a case like this: do you wait for the next time the RSIOMA crosses the 50? See below. I had these 5 markets set up. In each of the cases, when they appeared on my radar, the crossover had already happened, and it happened before the H4/H1/M15 were completely set up. After the crossover, each of these cases had a BB Squeeze and then all the ADX power up....Ignored
Disliked{quote} Remember that Alien say RSIOMA crossing 80 or 20 plus ADX is also a possible entry if in line with higher TFs. Arguably a stronger signal than the 50 cross. For me if RSIOMA has already crossed 50 on M5 then I would consider an entry where you have BBS break +ADX contract/expand, provided higher TF in line. Use the stos to try and avoid going long into a top or short into a bottom. EDIT: if you look at Mr E's examples (post 14376) you can see he waits for ADX expansion once RSIOMA has crossed 50, so at time of entry crossover may already...Ignored
Disliked{quote} Thank you. I did read the posts and reviewed the charts but there are nuances ...Ignored
Disliked{quote} Trading is an art, not an exact science, you will need to get the flow of things, and in time you will be able to spot what you need to see. Don't get me wrong , this takes a lot of seat time to learn this.................... If it was easy, nobody would be making any money..............Ignored
Disliked{quote} Thsnks JP. Do you find EWP actually plays out as projected to a high probability? Can you get those projections from a website? I do not think my brain is good with EWP - usually I find that ADX dropping away tells me when to stay out of the choppy conditions that happen between trends. I am looking into using BB's to trade the ranging market at the moment though and here is a useful tutorial on using BBs to see the turns and relativity of price to BB. https://www.youtube.com/watch?v=PWqxNtsFx1MIgnored
Disliked{quote} Thsnks JP. Do you find EWP actually plays out as projected to a high probability? Can you get those projections from a website? I do not think my brain is good with EWP - usually I find that ADX dropping away tells me when to stay out of the choppy conditions that happen between trends. I am looking into using BB's to trade the ranging market at the moment though and here is a useful tutorial on using BBs to see the turns and relativity of price to BB. https://www.youtube.com/watch?v=PWqxNtsFx1MIgnored
DislikedHow would you assess this one? The indicators were ever changing. The same with the ADX http://imgur.com/a/6KHaqIgnored
Disliked{quote} The secret is to follow the ADX slopes' contraction and expansion. See in your chart how many pips you could have done entering long after every contraction's end.Ignored
Disliked{quote} Hi Zimba, as you know master Alien recommended to study the EWP to add to his system. They have many similarities. Both trade the waves and both are in search for the best trades (wave three or grade A). To me is useful to know in which part of the waves we are at some point or when one cannot see clearly where the trend is going but no, I don't use the EWP projection to take trades. There are so much alternates and different counts depending on which type of EW you follow. That said, I'm very interested in going into deep with the BB. Also...Ignored
Disliked{quote} But how can I be sure that it wont juke me out instantly? The obvious answer would be to say, "Just look at the other indies", but they can change as well in a second completely.Ignored
Disliked{quote} Im testing this idea right now on my live account with low volumes. I enter when 3 fastest adx rise, if its not changing (adx still rising) i add second in 4 hours (i trade off 4h chart) i exit the trade when all 3 adx are not moving up anymore or tp is hit (tp is hard 2 r). In last about 2 months i have like 90 trades with 30-40% accuracy, avg lose is about 0,7r tp 2r. Only this week it became profitable about 6r+. If You want to know more or more accurate stats just let me know.Ignored
Disliked{quote} Still the 3 adxs expanding can fake you out within a second if you trade on the minute chart. The same goes for the other indicators. I am asking whether anybody can pinpoint the exact entry on live trading saying, "This set up will work because its a grade A trade and will not erase itself within next minute.". Because I had a plethora of grade A trades, which turn out to be nothing the next minute; however, a minute before, the set up was flawless. How is this possible? Id like some clarification on thisIgnored
Disliked{quote} Like any other system you can't purely rely on just one timeframe. If you're trading 1 minute charts,what's your tf for entry? The same timeframe? 50/50 chance to play out. Why? Because small tfs drives higher tfs UNTIL one of the tfs FAIL. Your entry should be at 30 or 15 seconds charts because if one of these timeframes fail,so the setup at 1 minute too. I mentioned sometime ago that i was expecting for the DS setups at pound pairs to fail due to divergences at higher tf (the monthly). And i was right,those DS are failing. MTF analysis...Ignored
Disliked{quote} Like any other system you can't purely rely on just one timeframe. If you're trading 1 minute charts,what's your tf for entry? The same timeframe? 50/50 chance to play out. Why? Because small tfs drives higher tfs UNTIL one of the tfs FAIL. Your entry should be at 30 or 15 seconds charts because if one of these timeframes fail,so the setup at 1 minute too. I mentioned sometime ago that i was expecting for the DS setups at pound pairs to fail due to divergences at higher tf (the monthly). And i was right,those DS are failing. MTF analysis...Ignored
Disliked{quote} M1 is my entry point, I do the top down analysis. However, the point still remains. You can have the best Grade A trade on the higher timeframe and wait for the confirmation on the lower timeframe and one second it may be there and the next it will be gone completely. Thats the problemIgnored