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  • #19,381
  • Jan 8, 2018 1:44pm Jan 8, 2018 1:44pm
Hi Master Alien,

I need some advice on following pair EURJPY. I had been shorting this one.

1)However when I see the M15 TF, RSI rise above 0. And M15 line going long, I had sold off my position to exit.
I been in conflicting on when is right time to exit.

based on M30/ H1 TF, the RSI is still below 0. While H4 TF, it is sloping down.
The logic I am exiting the position is because I take note of your advice that smaller TF outlook tend to build bigger TF.

My question , am I exiting at the right time? How to choose the best time to exit a position is it based on rising RSI or looking at bigger TF when H1 line crossing H4 line to the up?

Thank you.
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  • #19,382
  • Jan 8, 2018 5:34pm Jan 8, 2018 5:34pm
Quoting valentroisss
Hi Master Alien, I need some advice on following pair EURJPY. I had been shorting this one. 1)However when I see the M15 TF, RSI rise above 0. And M15 line going long, I had sold off my position to exit. I been in conflicting on when is right time to exit. based on M30/ H1 TF, the RSI is still below 0. While H4 TF, it is sloping down. The logic I am exiting the position is because I take note of your advice that smaller TF outlook tend to build bigger TF. My question , am I exiting at the right time? How to choose the best time to exit a position...
Hello valentroisss,

It takes a while to train your eyes and thoughts on how to follow the MultiDDS

Look at your chart I have marked up, The circles are the crossing of the H1 over the H4, Look at the price action and the far left one RSI is going negative.
The next circle crosses the H4 long, Look at the price action go long.
The next circle crosses the H4 short, Look at the price action go short.

Next while the H1 is below the H4, Look at what happens when the M15 DDS crosses the H1 long. and then back short, and then back long again.

The next move is the H1 going long the H4, hold your position until the H1 crosses the H4 down again. RSI stayed positive most of the time.

The next move down H1 below the H4, price moves down again. RSI is negative most of the time. Your H4 is trending down, down is the direction until the H1 crosses long again with the M15. Now wait till the H1 crosses the H4 long again to , 1, exit, 2 enter long again.

Watch how the MultiTF DDS behaves , take micro trades and watch how trends or reversals take place. Price and trends change all the time, learn the crossovers of each DDS TF

Price moves are more powerful when more TF DDS are traveling the same direction together .
Attached Image (click to enlarge)
Click to Enlarge Name: ej crosses.JPG Size: 219 KB
The More You Learn, The More You Earn.....
  • #19,383
  • Jan 8, 2018 10:12pm Jan 8, 2018 10:12pm
Quoting valentroisss
Hi Master Alien, I need some advice on following pair EURJPY. I had been shorting this one. 1)However when I see the M15 TF, RSI rise above 0. And M15 line going long, I had sold off my position to exit. I been in conflicting on when is right time to exit. based on M30/ H1 TF, the RSI is still below 0. While H4 TF, it is sloping down. The logic I am exiting the position is because I take note of your advice that smaller TF outlook tend to build bigger TF. My question , am I exiting at the right time? How to choose the best time to exit a position...
KISS IT = Keep it Simple Stochastic......................

Remove your Daily and the M15 lines.

Use only the H1 and the H4

If the H1 is above the H4 = go long.

If the H1 is below the H4 = go short.

Including all the lost pips , you would have nearly 380 pips profit in 3 weeks.
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Click to Enlarge Name: ej 380 pips.JPG Size: 227 KB
The More You Learn, The More You Earn.....
  • #19,384
  • Jan 8, 2018 11:30pm Jan 8, 2018 11:30pm
Quoting forexalien
{quote} KISS IT = Keep it Simple Stochastic...................... Remove your Daily and the M15 lines. Use only the H1 and the H4 If the H1 is above the H4 = go long. If the H1 is below the H4 = go short. Including all the lost pips , you would have nearly 380 pips profit in 3 weeks. {image}
Appreciate your well explanation Master. It clear my confusion.
Thank you very much again!
  • #19,385
  • Jan 9, 2018 7:26am Jan 9, 2018 7:26am
Quoting valentroisss
{quote} Appreciate your well explanation Master. It clear my confusion. Thank you very much again!
Here is your update, the H1 has not crossed the H4, and price has dropped another 110 pips from where you were trying to go long.

Green circle was where you were trying to go long, and the X in the box shows no sign of the H1 crossing the H4 long yet.
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  • #19,386
  • Jan 9, 2018 8:52am Jan 9, 2018 8:52am
Hi Master Alien,

Appreciate your advice. Can I seek your advice for following pair. EURAUD.
I take a long from below circle position. Can I know if i just take a view on H1 TF, I will only exit when line H1 crossing down below H4 correct? But H4 line currently is still far from going long.
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  • #19,387
  • Jan 9, 2018 5:35pm Jan 9, 2018 5:35pm
Quoting valentroisss
Hi Master Alien, Appreciate your advice. Can I seek your advice for following pair. EURAUD. I take a long from below circle position. Can I know if i just take a view on H1 TF, I will only exit when line H1 crossing down below H4 correct? But H4 line currently is still far from going long. {image}
Since the H4 is still going down, that would be considered your first attempt at going long.

In this updated chart. The H1 is high in the sky, it has pulled the H4 up off the floor, there is a chance with this pair that it will fall one more time when the H1 drops low again. If the PA holds in this area , the next time the H1 goes long, there should be a larger reaction to going long.

Wave riding and learning the waves is all........................

Or you can exit now and wait for the H1 to go to the floor and then go long at that time. Or leave the trade alone. If you only traded around 2%, you have no worries and you can add again after the drop if there is one.
Attached Image (click to enlarge)
Click to Enlarge Name: ea 1st attempt.JPG Size: 349 KB
The More You Learn, The More You Earn.....
  • #19,388
  • Jan 9, 2018 7:06pm Jan 9, 2018 7:06pm
Quoting forexalien
{quote} Since the H4 is still going down, that would be considered your first attempt at going long. In this updated chart. The H1 is high in the sky, it has pulled the H4 up off the floor, there is a chance with this pair that it will fall one more time when the H1 drops low again. If the PA holds in this area , the next time the H1 goes long, there should be a larger reaction to going long. Wave riding and learning the waves is all........................ Or you can exit now and wait for the H1 to go to the floor and then go long at that time....
Hi Master,

Thank you. Appreciate your reply. Feeling so grateful to you.
  • #19,389
  • Jan 9, 2018 10:13pm Jan 9, 2018 10:13pm
Quoting valentroisss
Hi Master Alien, Appreciate your advice. Can I seek your advice for following pair. EURAUD. I take a long from below circle position. Can I know if i just take a view on H1 TF, I will only exit when line H1 crossing down below H4 correct? But H4 line currently is still far from going long. {image}
I like your trend candles...............................
The More You Learn, The More You Earn.....
  • #19,390
  • Jan 9, 2018 11:28pm Jan 9, 2018 11:28pm
Alien System V2 rocks! I make 600+ pips (micro lots) shorting EJ.... 1st attempt short did not go so well but since I trade micro I hold it till it started to turn south and build positions from there. Now waiting for H1 to retrace before shorting it again. I'm far from being a successful trader but I can see it coming.... all because of you, Master Alien!! I want to express my sincere gratitude for what you have done to us human... Master Alien with a super BIG HEART!
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.JPG Size: 176 KB
  • #19,391
  • Jan 9, 2018 11:31pm Jan 9, 2018 11:31pm
Quoting EstherYim
Alien System V2 rocks! I make 600+ pips (micro lots) shorting EJ.... 1st attempt short did not go so well but since I trade micro I hold it till it started to turn south and build positions from there. Now waiting for H1 to retrace before shorting it again. I'm far from being a successful trader but I can see it coming.... all because of you, Master Alien!! I want to express my sincere gratitude for what you have done to us human... Master Alien with a super BIG HEART!...
Congrats Esther~
  • #19,392
  • Jan 9, 2018 11:32pm Jan 9, 2018 11:32pm
Quoting forexalien
{quote} I like your trend candles...............................
Credit to you, emonts, heispark, jpaadvisor, whoever share the template before. ~
  • #19,393
  • Jan 9, 2018 11:44pm Jan 9, 2018 11:44pm
Quoting EstherYim
Alien System V2 rocks! I make 600+ pips (micro lots) shorting EJ.... 1st attempt short did not go so well but since I trade micro I hold it till it started to turn south and build positions from there. Now waiting for H1 to retrace before shorting it again. I'm far from being a successful trader but I can see it coming.... all because of you, Master Alien!! I want to express my sincere gratitude for what you have done to us human... Master Alien with a super BIG HEART! {image}...
congrats mate..
  • #19,394
  • Jan 10, 2018 5:52am Jan 10, 2018 5:52am
Quoting EstherYim
Alien System V2 rocks! I make 600+ pips (micro lots) shorting EJ.... 1st attempt short did not go so well but since I trade micro I hold it till it started to turn south and build positions from there. Now waiting for H1 to retrace before shorting it again. I'm far from being a successful trader but I can see it coming.... all because of you, Master Alien!! I want to express my sincere gratitude for what you have done to us human... Master Alien with a super BIG HEART!...
That's what I do too......!!!!
Attached Image (click to enlarge)
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Attached Image
The More You Learn, The More You Earn.....
  • #19,395
  • Jan 10, 2018 7:01am Jan 10, 2018 7:01am
Quoting valentroisss
{quote} Credit to you, emonts, heispark, jpaadvisor, whoever share the template before. ~
Alien Agrees.........................
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The More You Learn, The More You Earn.....
  • #19,396
  • Jan 10, 2018 12:34pm Jan 10, 2018 12:34pm
Quoting forexalien
{quote} Alien Agrees......................... {image}
i did some heavy research on mtf dds. when 2 tf cross, and found that its same as rsioma signal line ...... rsioma with signal line was also working on place where tf crosses is ditched by mtf dds. ma on chart also shows same things
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In the court of lord, only love and devotion is counted...
  • #19,397
  • Jan 10, 2018 4:34pm Jan 10, 2018 4:34pm
Quoting nadiyakinare
{quote} i did some heavy research on mtf dds. when 2 tf cross, and found that its same as rsioma signal line ...... rsioma with signal line was also working on place where tf crosses is ditched by mtf dds. ma on chart also shows same things {image}
You will find many indicators crossing over within a candle or 2 of each other..................
The More You Learn, The More You Earn.....
  • #19,398
  • Jan 10, 2018 9:26pm Jan 10, 2018 9:26pm
Quoting Mafia
Hi Alieno! Finally you are back Good to see you after years
Hello my son.................How are you doing ?
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  • #19,399
  • Edited 2:31am Jan 11, 2018 2:17am | Edited 2:31am
Quoting forexalien
{quote} You will find many indicators crossing over within a candle or 2 of each other..................
Totally agree with each of your words..... the thing i was trying to show is "rsioma with signal line was also working on place where tf crosses is ditched by mtf dds" below is the pic
dds cross works verry good in ranging type of market where trend is not strong and changes direction often but it is unable to shows the cross when market is trending as because crosses happens beyond the stoch fixed window.
i know a little that moving to one higher tf for looking crosses works in this situation but its only after I hold position opposite of trend and then realize to look for one more higher tf cross for possibility to happen.

sir whats your way to deal with fake dds cross in such situation ???
is it the reason why supertrend is used ???
thank you for all the information once again
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In the court of lord, only love and devotion is counted...
  • #19,400
  • Jan 11, 2018 8:56am Jan 11, 2018 8:56am
Quoting forexalien
{quote} Here is your update, the H1 has not crossed the H4, and price has dropped another 110 pips from where you were trying to go long. Green circle was where you were trying to go long, and the X in the box shows no sign of the H1 crossing the H4 long yet. {image}
Here is the update long now........................

H1 bouncing along the bottom with the H4 , slowly adding positions,

H1 is climbing and made it across the 50 level, some news kicked in and the RSI crossed the water mark long because of that news and bingo, profits again.
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