Alien's Extraterrestrial Visual Systems

Quoting forexalien

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{quote} If your in a bad trade and you didn't over trade, you will always be good. If you did over trade ,all you can do is start to dump your position little by little until the trade turns back in your favor and ride the waves till your in profit again, and learn from the mistake your just created. {image}

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Quoting forexalien

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{quote} Try grouping the M1, M5 and the M15 on the same side, you get more bang for your buck............... The best would be all of them M1 - H1 on the same side............................. {image}

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Quoting forexalien

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{quote} Try grouping the M1, M5 and the M15 on the same side, you get more bang for your buck............... The best would be all of them M1 - H1 on the same side............................. {image}

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Quoting JoeeF

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{quote} Thank you for your help again ... The best would be all of them M1 - H1 on the same side --> I know it. But it's hard to find the right point. For example right now. USDCAD. M1-H1 are topping. SO: I'll wait for H1 crosses H4 down and then M1-M15 on the top? {image} {image}

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Quoting forexalien

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{quote} Alien loves to fade a trade. As the compression between the H1 and the H4 builds Alien will take very small trade amounts and add them to every M15 turn down, BUT........... I would highly recommend to wait for the H1 crossing the H4 downward, only use 2% of your margin. Many times it takes 2 to 4 times for the PA to turn around. I would keep my first trade in and then when the H1 turned down again , I would add another 2%. If you over trade or use more then 2% per trade , you burn up your margin fast and , then have to worry, and don't...

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Quoting forexalien

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{quote}[/u][/b] At the left side you can see the H1 TF pinned to the ceiling. H4 and daily climbing 1. shows the 1st attempt to turn lower , but it remains above the H4, the trend is strong 2. shows the 2nd attempt to turn lower , but it remains above the H4, the trend remains strong 3. shows the 3rd attempt to turn lower , but it remains above the H4, PA starts to range Pressure and tension is building beyond belief................RSI is showing long still 4. shows the cross below the H4 and the PA shows a tremendous drop, but recovers...

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Quoting forexalien

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{quote} Alien loves to fade a trade. As the compression between the H1 and the H4 builds Alien will take very small trade amounts and add them to every M15 turn down, BUT........... I would highly recommend to wait for the H1 crossing the H4 downward, only use 2% of your margin. Many times it takes 2 to 4 times for the PA to turn around. I would keep my first trade in and then when the H1 turned down again , I would add another 2%. If you over trade or use more then 2% per trade , you burn up your margin fast and , then have to worry, and don't...

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Quoting jmn5611

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{quote} It always amazes me that every singles good trader who stays with this forum all say the same things.

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Quoting nadiyakinare

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{quote} Sir please can you explain a bit on how to avoid this dead chop situation. i know the answer is there in mtf but on such chop mtf also get confused, so better to avoid it. it will great to learn from you on such, if you are willing to put some light on it. thanks... {image} {image} {image}

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Quoting areschris

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I have shorted UC after divergence had build up {image}

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Quoting JoeeF

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{quote} The best would be all of them M1 - H1 on the same side --> right now. {image}

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Quoting JoeeF

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{quote} {quote} Will this be the same situation ? {image}

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Quoting areschris

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I have shorted UC after divergence had build up {image}

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Quoting marcof91

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{quote} Monthly,weekly and daily are long. Weekly BBS is compressed. Daily tested support 3 times. Short? Not for me.

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Quoting nadiyakinare

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{quote} Sir please can you explain a bit on how to avoid this dead chop situation. i know the answer is there in mtf but on such chop mtf also get confused, so better to avoid it. it will great to learn from you on such, if you are willing to put some light on it. thanks... {image} {image} {image}

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Quoting forexalien

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{quote} that's what your dashboard shows, but look at the DS it's self and look for compression

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Quoting forexalien

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{quote} COMPRESSION.............. {image}

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Quoting JoeeF

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{quote} {quote} I was missing this... {image}

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Quoting forexalien

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{quote} The H1 has to cross below the H4 in order for it to be short again................. Like Marcof91 said , it is long on the bigger picture.............. We were only scalping here.............on M1 - H1 {image}

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Quoting areschris

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@forexalien When will you start to close your scalpe short positions on UC? Which kind of exit strategy do you use?

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