The More You Learn, The More You Earn.....
Alien's Extraterrestrial Visual Systems
- #19,142
- Dec 13, 2017 6:54am Dec 13, 2017 6:54am
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #19,143
- Dec 13, 2017 7:36am Dec 13, 2017 7:36am
- Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,712 Posts
Let it turn and find your entry.
- #19,147
- Dec 13, 2017 9:59am Dec 13, 2017 9:59am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
{quote} My God, your screen looks like Indi overdose!
I wonder what are his trading rules to enter a trade?
Work smarter,not harder
- #19,148
- Dec 13, 2017 10:03am Dec 13, 2017 10:03am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Work smarter,not harder
- #19,152
- Dec 13, 2017 12:15pm Dec 13, 2017 12:15pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
dear {image} jpadvisor can u elaborate about aliens hook and how to handle it?
Per aspera ad astra 
- #19,153
- Dec 13, 2017 12:28pm Dec 13, 2017 12:28pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} Hi alien friend, here is today's Alien's hook on Gold H4.
As master Alien said "when price is rolling over by looking at the stochastics slow rolling over and when you see that 8,3,3 hook up and back down, it's normally a great sign of the final move long and then back down".
So it's a sign of exhastion of the trend. Usually I detected it on H1 TF
To me there are two components to configure it:
1) - the slingshot of 8,3,3 does not reach the top or bottom and then it goes back down with 21;
2) - price make a last HH (or LL) but you can detect divergence.
Alien used it only to exit from a trade but I dare say it is also a reversal sign and you can use it in two ways, i.e.:
exiting from an ongoing trade at top without losing pips or entering in the direction of the reversal.
Usually it is very powerful and divergence is essential to point it.
P.S. For a nice example see my post #18529".
See also post #18555
Per aspera ad astra
- #19,154
- Edited Dec 14, 2017 6:24am Dec 13, 2017 3:29pm | Edited Dec 14, 2017 6:24am
- Joined Nov 2012 | Status: Trader | 13,922 Posts
{quote} Hi alien friend, here is today's Alien's hook on Gold H4.
The More You Learn, The More You Earn.....
- #19,155
- Dec 13, 2017 4:05pm Dec 13, 2017 4:05pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Perfect time to buy AU? There's hidden bullish divergence at weekly tf plus bullish divergence at daily. I don't want to buy now but more lower the better.{image}
AU never came down...instead, stayed around that zone and news pushed price way higher.
Also when DS completes but price still inside BB i treat it as consolidation and/or reversal point.
Work smarter,not harder
Hi Master Alien. After 8 years of frustrating trading, I came across this thread. Took the little of what was left from an almost bankrupt account and almost doubled it within 3 days. Your system is not just a system as I see it, it's a way to see the market (as you call it) waves, a way to learn for a life time no matter market conditions change and cycles. For that I thank you so much and call you Master...
That said, let me ask you something, it's not yet clear for me the role of the RSI in the "new system". I realized it keeps you longer in a particular trend, but it doesn't really has a say in entries, is there? Can you enlighten us a bit about the role of RSI in this "new system"
Thanks
PS: Are you from the alien race we usually call "the grays"?
That said, let me ask you something, it's not yet clear for me the role of the RSI in the "new system". I realized it keeps you longer in a particular trend, but it doesn't really has a say in entries, is there? Can you enlighten us a bit about the role of RSI in this "new system"
Thanks
PS: Are you from the alien race we usually call "the grays"?
- #19,157
- Dec 14, 2017 1:37am Dec 14, 2017 1:37am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
Hi Master Alien. After 8 years of frustrating trading, I came across this thread. Took the little of what was left from an almost bankrupt account and almost doubled it within 3 days. Your system is not just a system as I see it, it's a way to see the market (as you call it) waves, a way to learn for a life time no matter market conditions change and cycles. For that I thank you so much and call you Master... That said, let me ask you something, it's not yet clear for me the role of the RSI in the "new system". I realized it keeps you longer in...
Congrats on making the break...
Did you start with the system from the 1st page or with the latest one?
Thanks
- #19,159
- Dec 14, 2017 3:20am Dec 14, 2017 3:20am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} Hi alien friend, here is today's Alien's hook on Gold H4.
Per aspera ad astra
- #19,160
- Dec 14, 2017 3:49am Dec 14, 2017 3:49am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Some about yesterday FOMC:
"As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to repeat the exercise witnessed in 2017; raising interest rates three times in 2018. During the public meeting, held after the rate rise announcement was revealed, the FOMC through the outgoing chair of the Fed Janet Yellen, cited the reasons for the rise. In short the Fed have confidence in the strength of the labour market, are not overly concerned by inflation dropping to 1.7% YoY and believe that overall the USA economy is in a very strong position to weather incremental interest rate rises; they expect GDP to rise to 2.7% in 2018. The aim of the Fed appears to be to take the upper bound rate up to circa 2.25%, by the end of 2018. Perhaps such a programme is not as aggressive as many analysts had expected, which could have been one of the contributing reasons why the dollar sold off sharply, after the rate rise was announced. The other reason being the cooling inflation, which is unlikely to accelerate any further rate rises, if inflation continues to remain below the 2% target in 2018".
"As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to repeat the exercise witnessed in 2017; raising interest rates three times in 2018. During the public meeting, held after the rate rise announcement was revealed, the FOMC through the outgoing chair of the Fed Janet Yellen, cited the reasons for the rise. In short the Fed have confidence in the strength of the labour market, are not overly concerned by inflation dropping to 1.7% YoY and believe that overall the USA economy is in a very strong position to weather incremental interest rate rises; they expect GDP to rise to 2.7% in 2018. The aim of the Fed appears to be to take the upper bound rate up to circa 2.25%, by the end of 2018. Perhaps such a programme is not as aggressive as many analysts had expected, which could have been one of the contributing reasons why the dollar sold off sharply, after the rate rise was announced. The other reason being the cooling inflation, which is unlikely to accelerate any further rate rises, if inflation continues to remain below the 2% target in 2018".
Per aspera ad astra