Alien's Extraterrestrial Visual Systems

Quoting forexalien

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{quote} Looks like the H1 hook turned around and another push long, Then a drop and recovery Long. I see divergence, and most times the H4 will cross below the Daily for a chance at shorting this pair.................. {image}

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Quoting forexalien

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{quote} That would be the idea.......................... The H4 is nearing a cross down over the Daily, not sure how much action we will see....... This is a sit on your hands area and this could drift lower before a spike up again..................Watch for the RSI to go positive..........

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Quoting valentroisss

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Hi Master Alien, Can I seek your advice on this 2 pair? EURJPY and AUDUSD. {image} {image}

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Quoting areschris

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{quote} Your prediction was right H4 DDS crossed the D1 DDS, but H1 pulled price up. I closed the trade and stayed sidelines. Would you be so kind and tell me how you would enter this scalpe trade on GZ? With my human brain I would decide to enter on every dip from M1 with divergence in the RSI or wait for RSI to cross 0 level {image}

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Quoting Zimbinga

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{quote} First attempt at a sell, with H1 & H4 dropping, H4 divergence {image}

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Quoting jpadvisor

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Hi, I see a possible Alien's hook on Gold H4. Here with the old V.1. Now I'll see also with V.2. Uh, divergence also there. But DDS H4 say is still possible a sling long. I'll be comparing the two. {image} {image}

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Quoting areschris

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{quote} Your prediction was right H4 DDS crossed the D1 DDS, but H1 pulled price up. I closed the trade and stayed sidelines. Would you be so kind and tell me how you would enter this scalpe trade on GZ? With my human brain I would decide to enter on every dip from M1 with divergence in the RSI or wait for RSI to cross 0 level {image}

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Quoting heispark

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{quote} Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."...

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Quoting heispark

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{quote} Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."...

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Quoting jpadvisor

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Hi, I see a possible Alien's hook on Gold H4. Here with the old V.1. Now I'll see also with V.2. Uh, divergence also there. But DDS H4 say is still possible a sling long. I'll be comparing the two. {image} {image}

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Quoting jpadvisor

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{quote} Gold update. The Alien's hook is confirmed and after a brief spike price dropped for almost 100 pips. Now we'll see if for NFP it'll drop more. {image} {image}

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Quoting heispark

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{quote} Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."...

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Quoting forexalien

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Next week sometime AU looks to be ready for a roll over or retracement at the least. {image}

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