Alien's Extraterrestrial Visual Systems
- #18,084
- Jun 29, 2017 9:36pm Jun 29, 2017 9:36pm
{quote} Hi Zimba, the lifetime access is now at $ 249 (50% off) till june30. Don't seems much to me. I was thinking to revome the HA candles and apply also the PA on Alien system for short time trades.
I am a paid member. Just be aware that he is ALL about price action. That is, zero indicators (except for a couple of moving averages which you may or may not use). Naked charts, no trendlines, no nothing.
So if you like indicators.....or any wiggly lines....or Stoch or Fibs (apart from 50%).....then keep your money in your wallet.
They are pretty strict on what you can post, and posts that contain anything not mentioned in the course get deleted pretty quickly.
Again, pretty much naked charts trading on D1, H4 and sometimes H1 (nothing lower).....and pure price action. No bells and whistles.
I hope that helps with your decision.
Cheers
- #18,085
- Jun 30, 2017 12:19am Jun 30, 2017 12:19am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} Hi JP, I am a paid member. Just be aware that he is ALL about price action. That is, zero indicators (except for a couple of moving averages which you may or may not use). Naked charts, no trendlines, no nothing. So if you like indicators.....or any wiggly lines....or Stoch or Fibs (apart from 50%).....then keep your money in your wallet. They are pretty strict on what you can post, and posts that contain anything not mentioned in the course get deleted pretty quickly. Again, pretty much naked charts trading on D1, H4 and sometimes H1 (nothing...
I think I can apply the two and will be changing the HA candles with the "precision trend" candles by Mladen.
Cheers
Per aspera ad astra
- #18,090
- Edited 1:59am Jul 3, 2017 12:45am | Edited 1:59am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
It seems to be a 59% probability of winning 5 trades in a row at 90% win rate per trade. So if you can do 90% at RR 1:1 or better then you'd just keep doing this, rinse & repeat, setting aside profits along the way. I would venture to say that 90% win rate at RR 1:1 or better over a long period of time is almost impossible in forex.
This can be taking only 1:2 or 1:3 RR trades but for me this way you have only few trades available in a week (or even in a month).
... or gaining an accuracy of 90% (like alien system can give you) but then you have to take also trades with 1:1 RR and slowly grow your account.
As for the trial I recently made, the hard SL of 100 doesn't work (it was taken twice and is painful) and my goal of moving the SL to BE ASAP works only on very volatile M. and is rare. Also the way of not having SLs is very dangerous in case of reversal (like now with the EU surge).
Patience and discipline remain the keys. Cheers.
Per aspera ad astra
- #18,091
- Jul 3, 2017 10:55am Jul 3, 2017 10:55am
{quote} my goal of moving the SL to BE ASAP works only on very volatile M. and is rare. Also the way of not having SLs is very dangerous in case of reversal (like now with the EU surge). Patience and discipline remain the keys. Cheers.
- #18,092
- Jul 3, 2017 11:45am Jul 3, 2017 11:45am
Hi Guys,
further to the statistical advantage topic. I have been trying to emulate what master said back in the early days where he stated he was getting 100 percent accuracy and had not lost a trade in ages. (not sure but think it was a year from memory).
So I have been putting master Alien's system to the test. I know it is over trading opening up multiple trades, but I just had to find out if it could be done. I am far from mastering this awesome trading system but am slowly having those AHA! moments master talked about.
When all the rules are followed and I manage to leave my emotions aside and be patient like master always said then this alien system just comes out on top over and over again.
For those just starting to learn this awesome system, I know it is daunting at first, but look what it can accomplish when you start to get the hang of it.
100% Accuracy.
further to the statistical advantage topic. I have been trying to emulate what master said back in the early days where he stated he was getting 100 percent accuracy and had not lost a trade in ages. (not sure but think it was a year from memory).
So I have been putting master Alien's system to the test. I know it is over trading opening up multiple trades, but I just had to find out if it could be done. I am far from mastering this awesome trading system but am slowly having those AHA! moments master talked about.
When all the rules are followed and I manage to leave my emotions aside and be patient like master always said then this alien system just comes out on top over and over again.
For those just starting to learn this awesome system, I know it is daunting at first, but look what it can accomplish when you start to get the hang of it.
100% Accuracy.
Hi pipsavenue,
in my honest opinion the best way to learn this system and the way I did it, is to start at the beginning. The golden nuggets found and the way master alien explains his system in clear easy steps with examples is priceless.
There are no updated rules, they are exactly the same as day one. People have created many useful indicators around the system but the underlying rules remain the same. You must first get your head wrapped around the different visual parts of the alien system and how they all fit together and enhance each other to help you make informed trading decisions.
Everything you need is supplied in the early pages as far as templates and indicators go and how to set them up. People have made small changes to some of the originals, but I stuck with Master Alien's. They worked for him so why not me.
To speed up the learning curve you will find pdf files in the indicators which I studied in my off time. These are great for cutting out a lot of the fluff and just concentrating on masters pearls of wisdom.
I myself am still far from finishing the thread completely. I think I am up to page 625 or something like that after I stumbled across it also about 8 months ago. Master said in the early days that it can take some people up to 5000 hours to learn his system properly. I keep plugging along watching the charts form their waves and staying up to date with what the older aliens are posting on this thread and just in case Master Alien shows up again! (Hoping, Hoping).
Hope this helps.
in my honest opinion the best way to learn this system and the way I did it, is to start at the beginning. The golden nuggets found and the way master alien explains his system in clear easy steps with examples is priceless.
There are no updated rules, they are exactly the same as day one. People have created many useful indicators around the system but the underlying rules remain the same. You must first get your head wrapped around the different visual parts of the alien system and how they all fit together and enhance each other to help you make informed trading decisions.
Everything you need is supplied in the early pages as far as templates and indicators go and how to set them up. People have made small changes to some of the originals, but I stuck with Master Alien's. They worked for him so why not me.
To speed up the learning curve you will find pdf files in the indicators which I studied in my off time. These are great for cutting out a lot of the fluff and just concentrating on masters pearls of wisdom.
I myself am still far from finishing the thread completely. I think I am up to page 625 or something like that after I stumbled across it also about 8 months ago. Master said in the early days that it can take some people up to 5000 hours to learn his system properly. I keep plugging along watching the charts form their waves and staying up to date with what the older aliens are posting on this thread and just in case Master Alien shows up again! (Hoping, Hoping).
Hope this helps.
- #18,098
- Jul 4, 2017 6:23am Jul 4, 2017 6:23am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Work smarter,not harder
- #18,100
- Jul 5, 2017 12:15am Jul 5, 2017 12:15am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Per aspera ad astra