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Alien's Extraterrestrial Visual Systems

  • #19,921
  • Mar 11, 2018 5:51pm Mar 11, 2018 5:51pm
Quoting 19lexicon78
@forexalien yep, especially for longer time frames. so, the question i will ask myself the next months. which will be my preferred TF and what extra's,eg micro/macro news for which TF do i need. smaller TF news is not necessary, larger TF i have to take those into account. perhaps also some other things. pff, new trading system i have alot to learn.
So this is what is meant by a top down look at the forest.

Month - near a bottom ready to go long............
Week - What ? it's at the top, no way the month can go long with the week up there, Rubber Band trade short, price will come down first, right?
Day - Nice the Day is up there also, more reason for the week to start its way down. Right?
H4 - What ? the H4 is at the bottom, now what? it must be ready to go long .............
H1 - LOOK ! The H1 is at the bottom with the H4, GREAT, price looks like it is ready to go long first!
And down the line you analyse all the way to the M1 , Which TF do you trade from ? you have the option on how big your account is, how much time you want to wait for profit, etc..............
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cad month.JPG Size: 353 KB
Click to Enlarge Name: cad week.JPG Size: 347 KB
Click to Enlarge Name: cad day.JPG Size: 384 KB
Click to Enlarge Name: cad H4.JPG Size: 374 KB
Click to Enlarge Name: cad H1.JPG Size: 377 KB
The More You Learn, The More You Earn.....
  • #19,922
  • Mar 11, 2018 5:55pm Mar 11, 2018 5:55pm
Quoting ShemuElForex
Aliens! Please comment.... A 'pipful' week to us all!! {image} {image} {image} {image} {image}
You are getting the hang of it , use the H1 and M15 to pin point entries.........................
Attached Image
The More You Learn, The More You Earn.....
  • #19,923
  • Mar 11, 2018 5:58pm Mar 11, 2018 5:58pm
Closing in on 1000 pages in our book.............................
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The More You Learn, The More You Earn.....
  • #19,924
  • Mar 12, 2018 4:09am Mar 12, 2018 4:09am
A broad otherview:
"Forex today in Asia this Monday was mainly driven by the risk sentiment, with the Asian equities tracking their Wall Street counterparts higher, in the wake of disappointing US wage growth numbers. Therefore, we saw the USD/JPY reaching for a test of the 107 handle before coming under aggressive selling pressure, as uncertainty over the Japanese political climate curbed the appetite for risk assets and lifted the safe-haven Yen across the board. The Nikkei 225 index stalled its rally and trimmed gains on Japan’s Moritomo scandal headlines. However, the Antipodeans were little affected by the turnaround in risk condition, as broad-based US dollar weakness and easing Trump’s tariffs fears continued to underpin. Meanwhile, both gold and oil prices steadied amid a lack of fresh catalysts, as markets await the critical US inflation report due later this week for the next direction. There has been provided a bit more clarity on the preferred Brexit end-state, with Prime Minister (PM) May’s long-awaited key speech on the future relationship with the EU provided a bit more clarity on the government’s preferred Brexit end-state, but brought few new insights."
Per aspera ad astra
  • #19,925
  • Mar 12, 2018 5:43am Mar 12, 2018 5:43am
Quoting ShemuElForex
Aliens! Please comment.... A 'pipful' week to us all!! {image} {image} {image} {image} {image}
Uhm, for EurUsd I see an Alien 's hook on H1 for the short side. Usually on H1 this can run for almost 100 pips.
Same you see also on V2.
TWT
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD#H1.png Size: 48 KB
Per aspera ad astra
  • #19,926
  • Mar 12, 2018 3:21pm Mar 12, 2018 3:21pm
Quoting forexalien
{quote} So this is what is meant by a top down look at the forest. Month - near a bottom ready to go long............ Week - What ? it's at the top, no way the month can go long with the week up there, Rubber Band trade short, price will come down first, right? Day - Nice the Day is up there also, more reason for the week to start its way down. Right? H4 - What ? the H4 is at the bottom, now what? it must be ready to go long ............. H1 - LOOK ! The H1 is at the bottom with the H4, GREAT, price looks like it is ready to go long first! And down...
Thank you for the useful recap. Perhaps it is also worth saying that when ADX is strong he is the King of all he surveys and will squash the DDS and other indis to the floor or ceiling with his mighty fists. E.g as below:
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdv-h1-profiforex.png Size: 28 KB
  • #19,927
  • Mar 12, 2018 3:39pm Mar 12, 2018 3:39pm
Please comment.

My opinion:
EJ update... It looks like the H4 DDS is falling down yet price ain't minding it (RSI Obos too is very positive)... After it properly enters the 'over sold' zone I'll be waiting for a buy signal for a first try. But for now we wait patiently...

It's all waves, ride them well...
Can I get a special alien surfboard somewhere?
Attached Image (click to enlarge)
Click to Enlarge Name: 20180312EJ.JPG Size: 229 KB
Patience pays Pips... And pips pay $$$
  • #19,928
  • Mar 12, 2018 4:48pm Mar 12, 2018 4:48pm
Quoting ShemuElForex
Please comment. My opinion: EJ update... It looks like the H4 DDS is falling down yet price ain't minding it (RSI Obos too is very positive)... After it properly enters the 'over sold' zone I'll be waiting for a buy signal for a first try. But for now we wait patiently... It's all waves, ride them well... Can I get a special alien surfboard somewhere? {image}
Yes,take it! You did a good analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: alien-surf-woods-france-full-deck-grip-surf-sfath-lunasurf-.jpg Size: 85 KB
Work smarter,not harder
  • #19,929
  • Mar 12, 2018 6:33pm Mar 12, 2018 6:33pm
Quoting Zimbinga
{quote} Thank you for the useful recap. Perhaps it is also worth saying that when ADX is strong he is the King of all he surveys and will squash the DDS and other indis to the floor or ceiling with his mighty fists. E.g as below: {image}
That 5 speed ADX Alien Created is King.

Look for 3 or 4 TF's to all be lite up and follow the king ......................
Attached Image
The More You Learn, The More You Earn.....
  • #19,930
  • Mar 12, 2018 6:38pm Mar 12, 2018 6:38pm
Quoting Zimbinga
{quote} Thank you for the useful recap. Perhaps it is also worth saying that when ADX is strong he is the King of all he surveys and will squash the DDS and other indis to the floor or ceiling with his mighty fists. E.g as below: {image}
Also to note : as the ADX looses power after Crushing the DDS to the ceiling , the DDS starts to unwind as the ADX also unwinds....................
Attached Image (click to enlarge)
Click to Enlarge Name: ball-unwound-string-23955344.jpg Size: 78 KB
The More You Learn, The More You Earn.....
  • #19,931
  • Mar 12, 2018 6:42pm Mar 12, 2018 6:42pm
Quoting ShemuElForex
Please comment. My opinion: EJ update... It looks like the H4 DDS is falling down yet price ain't minding it (RSI Obos too is very positive)... After it properly enters the 'over sold' zone I'll be waiting for a buy signal for a first try. But for now we wait patiently... It's all waves, ride them well... Can I get a special alien surfboard somewhere? {image}
NOTE: When price action does not move and the indicators move across the screen, be looking for the next leg up or down as you have pointed out.
Attached Images
The More You Learn, The More You Earn.....
  • #19,932
  • Mar 13, 2018 5:47am Mar 13, 2018 5:47am
Quoting forexalien
{quote} 0.0078% per trade 0.078% in the trade Not much invested, thanks When the time is right, I just place one big trade and get it all back. Alien likes to sleep at night...............LOL {image}
How much drawdown do you calculate for each of these 0,078% per trade?
  • #19,933
  • Mar 13, 2018 4:54pm Mar 13, 2018 4:54pm
Eying GBP/USD at the moment
Being good at what you do is a result of having fun
  • #19,934
  • Mar 14, 2018 12:19pm Mar 14, 2018 12:19pm
@ForexAlien

You make it look so simple.... I feel like a baby hearing the nursery rhymes when you explain your chart interpretation. Amazing stuff indeed!

Wish to ask you if this is applicable also on indices such as the DAX30 pls?

One more thing... got so much to read.... hope to catch you all up... this thread is literally of Alien proportions

thanks for sharing this info
  • #19,935
  • Mar 14, 2018 4:57pm Mar 14, 2018 4:57pm
Quoting areschris
{quote} How much drawdown do you calculate for each of these 0,078% per trade?
I will go back and look,

Alien is pretty aggressive on reversals and it's nothing for me to go down 5%, but I will check , it might be more.

I know when it hit, I got out, it was worth the wait..............Christmas................
The More You Learn, The More You Earn.....
  • #19,936
  • Mar 14, 2018 5:57pm Mar 14, 2018 5:57pm
Quoting forexalien
{quote} I will go back and look, Alien is pretty aggressive on reversals and it's nothing for me to go down 5%, but I will check , it might be more. I know when it hit, I got out, it was worth the wait..............Christmas................
Could you also tell me what your experience says about this theoretical scenario: If we trade a volatile pair, like GJ. DDS W1 and MN1 are both high in the 90 area and D1 is down low around 10. We find a good entry on lower tfs to drive D1 back long to W1 and MN1, but for whatever reason D1 says low, price moves further down and we scale into the reversale (building more positions) back long. How much pips drawdown can we expect from the first entry (assumed first entry was a good one) or is my whole scenario non-sense and an estimate for drawndown is impossible to predict from your experience?
  • #19,937
  • Mar 14, 2018 5:57pm Mar 14, 2018 5:57pm
Quoting forexalien
{quote} I will go back and look, Alien is pretty aggressive on reversals and it's nothing for me to go down 5%, but I will check , it might be more. I know when it hit, I got out, it was worth the wait..............Christmas................
Thanks for your time!
  • #19,938
  • Mar 14, 2018 6:00pm Mar 14, 2018 6:00pm
Quoting S3ntin3l
@ForexAlien You make it look so simple.... I feel like a baby hearing the nursery rhymes when you explain your chart interpretation. Amazing stuff indeed! Wish to ask you if this is applicable also on indices such as the DAX30 pls? One more thing... got so much to read.... hope to catch you all up... this thread is literally of Alien proportions thanks for sharing this info
I use aliens system on DAX for intraday scalping. You have to get used to the different "environment", but it works nicely so far...
  • #19,939
  • Mar 15, 2018 1:36am Mar 15, 2018 1:36am
Quoting areschris
{quote} I use aliens system on DAX for intraday scalping. You have to get used to the different "environment", but it works nicely so far...
Thanks for the info. Indeed its a different beast compared to Forex. Will test these strategies on this devil.
  • #19,940
  • Mar 15, 2018 4:17am Mar 15, 2018 4:17am
About the Euro:
"The Euro strength could ponder on inflation down the line; US PPI advanced by 0.2%, while retail sales saw a decline in February According to the ECB President Mario Draghi’s speech yesterday, during the ECB conference, the monetary policy will remain patient and prudent with sustained adjustment in the path of inflation towards target is the condition for net asset purchases to end. He has also mentioned that there is still a need to see further evidence that inflation dynamics are moving in the right direction and is now more confident than in the past that it is on the right track. In addition, net asset purchases remain necessary for now and any policy adjustments are to remain predictable, thus will proceed at a measured pace. Euro strength could weigh on inflation down the line. Furthermore, Yves Mersch, Member of the Executive Board of the European Central Bank, was noted saying that all the indicators point to the continuation of economic growth in Europe and any change in the monetary policy stance is always a shock to the economy, positive or negative. Basically, the bigger the imbalances, the less the economy is prepared for a monetary policy change, while loose monetary policy, loose fiscal policy are asking for trouble. The primary objective according to Mr. Mersch, is price stability, which is defined as an inflation below, but close to 2%, in the medium term."
Per aspera ad astra
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