Alien's Extraterrestrial Visual Systems

Monthly is mixed but slightly bullish
Weekly is short but weak because there's no power
Daily looks like found a top
H4 is bearish and needs a DS short to retest the bottom
Same thinking as you...test the bottom and then long.

About the hidden divergence (weekly),you should see something like this to go short.

Thank you Marco. I noticed that sometimes the hidden divergence, is nothing more than a "retest" of the top/bottom, or a test of a previous support that bacame a resistance or viceversa. In other words a wave 1, and than i wait a wave 2, that in this case was a resting period and a ds for the short side, and if confirmed a money wave. I hope this evening to have more time, so i can post a chart for explaininig my point. My english is not always effective. I used your charts for showing my thoughts.

Found another example, not that clean for explaining my point, on your chart.

Great opportunity on BTCoin today. Another sharp rise, but our H4 says this is going still higher. There is a DS long playing with strong momentum.
Many say these cryptos would be used for web payments like Amazon is gonna doing.
As for now to me every dip is a buy.

That first you pointed it did work.
The second you didn't point was also hidden bullish divergence but failed to go higher.

"U.S. equities and the dollar sold off on Thursday as the U.S. Senate indicated that it could take up to 2019 in order for a tax plan to be fully ratified, moreover, the government lawmakers were suggesting that the final policy (when brought into law), would not resemble Trump’s outline plan whatsoever. The tech heavy listings in the NASDAQ index witnessed the largest falls as did the Russell index, given they have the most to benefit from a tax cut, which would cut the headline rate of corporate tax from 35%, to 20%. The dollar also slumped versus its major peers, as without the plan in place, investors will also doubt the FOMC’s flexibility to raise rates in December and early 2018 and the Fed’s ability and motivation to begin engagement with a policy of quantitative easing. Trump came in to power promising various policies to increase economic performance; whilst he doesn’t have the power to directly affect monetary policy given that it’s the Fed’s remit, other than an appointment for Fed chairperson, he’d hoped a fiscal policy of (primarily) increased infrastructure spending and tax cuts, would provide a major stimulus to the USA economy, both in terms of the famed “trickle-down effect” and improved employment numbers, with increased wages. Fundamental news from the USA, concerned the initial jobless claims and continuous claim numbers, which both missed forecast marginally. Whilst wholesale trade sales beat forecast, coming in at 1.6% growth for October. The U.S. dollar fell by 0.6% versus yen, 1.0% versus euro, 0.2% versus sterling and over 1.2% versus the Swiss franc.
European equity markets sold off sharply during Thursday’s trading sessions, despite encouraging data emerging from the Eurozone and an extremely optimistic economic report being delivered by the ECB, concerning the current state of the European Union. The latest German import and export data beat forecasts, with exports not falling as expected, down only -0.4% in September, whilst Germany’s trade balance and current account surpluses, both beat forecasts. The euro rose versus its the majority of its main peers; the U.S. dollar, sterling and yen, but whipsawed violently, through a wide range of bearish and bullish conditions, versus the Swiss franc, throughout the trading sessions. Sterling recovered some of its recent lost gains versus several of its peers, as the political turmoil at the heart of the U.K. government temporarily calmed, due to a fresh ministerial appointment. However, the Brexit situation took a bad turn for the U.K. government, as members of the E.U. cast fresh doubts on the UK’s offer for E.U. citizens to remain in the U.K. once the exit process is finalized and without such agreement in the E.U.’s favor the U.K. will obtain no trade deal. In a quiet day for fundamental economic calendar news, the housing body RICS published a house price balance survey reading of 1 falling from 6 in September, which represents one of the worst readings for U.K. house prices, since the recession years of 2009. Sterling rose versus the U.S. dollar throughout the day, versus the majority of its other peers the U.K. pound was either flat, or ended the day down. Versus the Swiss franc the currency fell, as did the majority of currencies on Thursday, as the franc’s safe haven appeal reappeared. In other related news; Chinese CPI came in ahead of forecasts, rising to 6.9% YoY and 1.9% MoM. Australian data concerning home loans, investment loans and the value of loans all fell significantly, directly effecting the value of Aussie dollar versus its peers. From Japan the ECO watchers surveys, both current and outlook, beat the forecasts by some distance."

Glad my broker has BTC now ...Although its strange looking at the charts as theres no history with it to see! Just week after week of surges ....Nice ride. To think I was undecided over 2k a bitcoin not long ago .... Facepalm moment

By the way. Mr. Alien was here ...

Interesting that Alien singles out multiple stochastics - personally I find them less useful than RSIOMA, ADX & BBS.

In that without ADX power, IMHO the stos can flip around with little predictive power, although on higher TFs I do find them helpful to call tops & bottoms, when ADX power is weak.

RSIOMA on lower TFs I find more useful than stos to see when pullback finishes & trend resumes (Mr Ebitalebi method).

As Alien used to say, no ADX no trade - so I would say ADX is the most important tool we have. I'm sure others will say differently and have different approaches - always interested to hear other points of view...

I was ?

In reality Rsioma, stoch and adx all three indies are same. sir forexalien do use it if one fail other works.

Good to see you managed to escape from the black hole

Welcome back Alien , good to see you after such a long time.

Great to see you back

You caught me red handed................

Nice example, I have something to show you soon..................

I will help you sprint to that page.......................

wow, welcome back

Happy days...could it be the Alien Renaissance is upon us?

Welcome back! Looking forward you your show and tell