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Alien's Extraterrestrial Visual Systems

  • #20,721
  • Jul 20, 2018 9:54am Jul 20, 2018 9:54am
Quoting Thirasara
{quote} Valentroisss, hope you would update very soon. We look forward to it with interest.
Thanks!
Working on it. Below is the report for around 2 weeks trades.
I am short handed as need to handle my other work as well. Progress may a bit slow. But I believe this can greatly help in long run.
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  • #20,722
  • Jul 20, 2018 10:19am Jul 20, 2018 10:19am
Quoting Antares23
{quote} There are a number of PDFs in this thread. I don't believe they include the Newer MTF DDS stuff. (the V2) but the V1 system is still amazing and learning that will definitely help with the V2. Anyone who needs them can Click on the paperclip on top of the thread. should be easy to find *EDIT* Lets see if I know how to post links... otherwise others can post attachments. Here's a couple to take a look at. But of course, the entire Thread is a good choice. take the time to go through it. even if it takes days or weeks, its a fraction of all...
Thanks a bunch, Antares23! I really appreciate your effort since this will greatly benefit the newbies. I am sure some other members would follow up too with such posts as they find important in this thread. Thanks again.
  • #20,723
  • Jul 20, 2018 11:03am Jul 20, 2018 11:03am
This has been added before.
Thought i'd bring it up again nevertheless.
To share some of the mistakes I made and the misunderstandings I had.
The Magic ADX.
it took me a long time to learn to appreciate this.
It looked sort of messy and the ADX I use seem to "Fly around" all over when I scrolled through my charts. that bothered me and I never really paid attention to the ADX.

I got frustrated a few times and started learning again from the Beginning.
possibly the best lesson I really learned is to "Sit on your hands"
I used to jump from chart to chart if I didnt see anything obvious forming. I too, would just "fly around" the charts and screens.

eventually (after longer than I'd like to admit) I learned zooming in, looking deeper and being patient I saw what I was really missing.

Here (In the Red Circle) I thought this was not so much a compression, although you can see all the ADX lower and then Take off nicely. (DS trade too. sweet)
I used to just glance at it and never really know what to decide. I would focus on other indicators.
Attached Image (click to enlarge)
Click to Enlarge Name: NU_H1_ADX2.jpg Size: 353 KB


Whereas Here, after learning to be patient and look deeper....
Here is the same 'trade' as above, but zoomed in
Attached Image (click to enlarge)
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the ADX is compressed like the Hands that I learned to sit on.

Easy to see how nice this opportunity looks pretty sweet.
All I had to do was put the time in to learn it thoroughly.
not rush through trying to do it all at once and 'mastering' nothing.
"Pain + Reflection = Progress"-Ray Dalio
  • #20,724
  • Jul 20, 2018 11:17am Jul 20, 2018 11:17am
@antares23
the adx is tricky, as you can see, the perfect entry at 1h tf, is once a day. i'm not going to sit on my hands, to look for the perfect entry the whole day. 95% of the time, its messy and the info you have at that moment, lets say you look at charts every hour or perhaps every 4 hours, you will never get the perfect entry. so, you need more info=indi's, fundamentals to make a decision. it's not often i've got a perfect entry, it's a messy/difficult one
  • #20,725
  • Jul 20, 2018 11:34am Jul 20, 2018 11:34am
Heres some more visual examples.

Here's Four Zoomed in Shots on GBPUSD M15 I found a little earlier today.(not from today... I just found the examples today)

You will notice how they look pretty Good and would send you almost instantly into GreenPips if entered at the beginning of the ADX expansion. (use the other indies for direction etc.)

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Heres what it looked like when I just scan the whole chart,
Each Vertical Red line corresponds to area of the four above pictures. (the line is not precise but you can see that)
Attached Image (click to enlarge)
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Looked less obvious but definitely taught me to learn the indicators more Thoroughly and to be more patient.

I bring this up for a few reasons.

1. Alien and Marco taught me, being Patient is a blessing, not a challenge. Sit on your hands.
2. Although its a visual system and you can train your eyes to gather lots of information at a glance, it helps to really get to know each part of the system.
3. To share my mistakes, misconceptions, oversights etc just incase I am not the only one.
4. Its Friday afternoon where I am and all my friends are out of town.
"Pain + Reflection = Progress"-Ray Dalio
  • #20,726
  • Edited 2:01pm Jul 20, 2018 12:42pm | Edited 2:01pm
Her some Exemple Of Alien V2
PS : i forgot to mention the bbsqueez in the screen.
The most difficult Thing its Patience
been in the right side of RSI & Follow next time frame , trade from bottom for buy
or from Top for sell.

im not expert and still a new in trading but thanks to alien , now i can make some pip.
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  • #20,727
  • Jul 20, 2018 12:46pm Jul 20, 2018 12:46pm
Quoting manjulabw
{quote} can you explain how use it DDS if you have time thank you sir
Read this PDF & the first 50 page of the third, i believe it can be enough to make pip

for more skill read the whole theard its a gold mine
Attached File(s)
File Type: pdf Alien v2.pdf   2.6 MB | 2,648 downloads
  • #20,728
  • Jul 20, 2018 1:39pm Jul 20, 2018 1:39pm
Quoting Antares23
This has been added before. Thought i'd bring it up again nevertheless. To share some of the mistakes I made and the misunderstandings I had. The Magic ADX. it took me a long time to learn to appreciate this. It looked sort of messy and the ADX I use seem to "Fly around" all over when I scrolled through my charts. that bothered me and I never really paid attention to the ADX. I got frustrated a few times and started learning again from the Beginning. possibly the best lesson I really learned is to "Sit on your hands" I used to jump from chart to...
I agree with this - ADX can almost be used without any other indi, especially when ADX compress and expand on two or more TFs together.

For those using v2 I would recommend keep the v1 ADX full indi and do not trade against it if you wish to avoid getting smashed against a strong trend.
  • #20,729
  • Jul 21, 2018 10:10pm Jul 21, 2018 10:10pm
I think for new comers try to master the v1 first. As v1 is the simples one. The more sit in your hand the more patient you are... "May the profit be with you"
  • #20,730
  • Jul 22, 2018 4:36pm Jul 22, 2018 4:36pm
Hello dear friends

My analysis of
GBPUSD

Monthly
Attached Image (click to enlarge)
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Wave 1 is getting exhausted; Wave 2 on its way. After wave 2 finishes, X-cross will create wave 3.

Weekly
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Hidden bearish divergence. ADX mixed. RSIOMA will probably go up a bit, touch 50 and go down for Wave 3.

Daily
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Divegence of PA with GS and RSIOMA. After that X-cross for wave 3 or slingshot of Green stochastic to 100 Stochastic.

H4
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Divergence of PA with GS. Price will retrace and make big upmove after. ADX starts to expand.

H1
Attached Image (click to enlarge)
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Price will retrace from this point, creating DS Slingshot and Stoch 8.3.3. slingshot.

Give me your feedback please!
Thank you
  • #20,731
  • Edited 5:57pm Jul 23, 2018 5:46pm | Edited 5:57pm
Quoting alberti
Hello dear friends My analysis of GBPUSD Monthly {image} Wave 1 is getting exhausted; Wave 2 on its way. After wave 2 finishes, X-cross will create wave 3. Weekly {image} Hidden bearish divergence. ADX mixed. RSIOMA will probably go up a bit, touch 50 and go down for Wave 3. Daily {image} Divegence of PA with GS and RSIOMA. After that X-cross for wave 3 or slingshot of Green stochastic to 100 Stochastic. H4 {image} Divergence of PA with GS. Price will retrace and make big upmove after. ADX starts to expand. H1 {image} Price will retrace from this...
Monthly - quite possibly as you say, but too early to tell - green sto could continue long with 8sto

Weekly - looks almost hidden bullish divergence & green sto close to bottom, but not quite turned

Daily - Aliens v2 MTF DDS indi suggests possible further short before Daily & Weekly slingshot long to Monthly. It is in BBS condition so outer BB's need to be watched for support/resistance, or BBS break.

H4: need to watch 8 sto to see if it pulls green sto down or makes X cross long. Look at previous 8sto cross of green sto - the angles are similar. Also possible DS slingshot forming short.

H1 - you were right, it retraced and now looks ready to swing long again once M15 8 sto cycles one or 2 more times and M15 BBS breaks.

EDIT - why not put the v2 MTF DDS onto your chart too and compare it to the v1 stos? I think the 2 indis filter each other well.
  • #20,732
  • Jul 23, 2018 6:12pm Jul 23, 2018 6:12pm
Quoting forexalien
{quote} it will play out in the future, This is how I trade and I am making money, you said it yourself! it will play out in the future, < This is how I trade. I don't care if I was wrong > it will play out in the future, There is no one that can time the markets unless they are glued to the screen 24/7. I have examples of scalping that are perfect but I don't trade that way anymore. You already know that the first trade might not work, but the second will........... I don't have the time to do that > sit in front of the computer, maybe you do?...
Dear Mr Alien

Re NZD/USD long - For those of us who do not seek to fade turns with stop orders ( i.e. I appreciate you often enter just before turn ), would you say below H4 chart at red line was entry signal for your system? I note also that Daily is now in BBS condition, so may find resistance at outer BB unless some ADX power comes along.

My rationale is H4 & Daily DDS just turned long together away from the bottom, and also there is PA/indi bullish divergence established on all indis.
Attached Image (click to enlarge)
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  • #20,733
  • Jul 23, 2018 6:13pm Jul 23, 2018 6:13pm
You, humans, are Amazing!!!!!!!!!!!!!!
Attached Image
The More You Learn, The More You Earn.....
  • #20,734
  • Jul 24, 2018 2:26am Jul 24, 2018 2:26am
Quoting Zimbinga
{quote} Monthly - quite possibly as you say, but too early to tell - green sto could continue long with 8sto Weekly - looks almost hidden bullish divergence & green sto close to bottom, but not quite turned Daily - Aliens v2 MTF DDS indi suggests possible further short before Daily & Weekly slingshot long to Monthly. It is in BBS condition so outer BB's need to be watched for support/resistance, or BBS break. H4: need to watch 8 sto to see if it pulls green sto down or makes X cross long. Look at previous 8sto cross of green sto - the angles are...
Dear Zimbinga,

Thank you for your time and nice explanation.

Regarding "the angles are similar", agree, conditions seem to be the same, but previous time X-Cross didn't work, since daily was preparing DS Slingshot and H4 obeyed higher time frame. This time even Daily suggests a reversal or retracement with divergence, but let's see, if I am wrong I will learn from this.

Regarding "why not put the v2 MTF DDS onto your chart too and compare it to the v1 stos?", I started to read thread from the beginning and currently on page 486. This new v2 is a mystery and technology from the future for me now But I hope, I will reach you, guys, soon and start to apply it too. Btw, do you know on which pages approximately new indis start to be explained?

Thank you again!
  • #20,735
  • Jul 24, 2018 5:36am Jul 24, 2018 5:36am
Some perspective for the GB pound:
"The Bank of England Deputy Governor spoke last night about the unconventional monetary policy of last decade saying the once the Bank of England starts to unwind QE and the inflation falls, the Bank might need to cut rates.A goodish pickup in the US Treasury bond yields helped the US Dollar to recoup some of its losses triggered by the US President Donald Trump's comments last week. Apart from a modest USD uptick, the British Pound was further weighed down by the incoming Brexit comments, wherein the UK Foreign Secretary Jeremy Hunt was noted saying that there is a very real risk of a Brexit ‘no deal’ by accident. The UK PM Theresa May further reinforced his statement and said that we are prepared for a no-deal Brexit. The GBP/USD pair stalled its recovery move from YTD lows touched last Thursday and reversed early gains to a multi-day high level of 1.3158. The pair was now seen struggling to move back/sustain above the 1.3100 handle during the Asian session on Tuesday. There isn't any market-moving economic data due for release either from the UK or the US and hence, the pair remains at the mercy of broader market sentiment surrounding the buck. Meanwhile, BoE rate hike prospects in August might underpin the British Pound and help limit any deeper losses, at least for the time being"
Per aspera ad astra
  • #20,736
  • Jul 24, 2018 7:25am Jul 24, 2018 7:25am
Quoting jpadvisor
Some perspective for the GB pound: "The Bank of England Deputy Governor spoke last night about the unconventional monetary policy of last decade saying the once the Bank of England starts to unwind QE and the inflation falls, the Bank might need to cut rates.A goodish pickup in the US Treasury bond yields helped the US Dollar to recoup some of its losses triggered by the US President Donald Trump's comments last week. Apart from a modest USD uptick, the British Pound was further weighed down by the incoming Brexit comments, wherein the UK Foreign...
Wow, that's related to my open trade. Maybe I should close my trades.
  • #20,737
  • Jul 24, 2018 7:28am Jul 24, 2018 7:28am
Quoting alberti
{quote} Wow, that's related to my open trade. Maybe I should close my trades.
Don't panic...

If your trade is in the direction of the weekly or monthly you will be fine.
The More You Learn, The More You Earn.....
  • #20,738
  • Jul 24, 2018 10:47am Jul 24, 2018 10:47am
Quoting alberti
{quote} Wow, that's related to my open trade. Maybe I should close my trades.
To me if you trade confluence, i.e. fundamental analysis and news together with tech. analysis with a proven (alien) system, then you'll gain a real edge. Cheers
Per aspera ad astra
  • #20,739
  • Jul 24, 2018 12:26pm Jul 24, 2018 12:26pm
Quoting forexalien
{quote} Don't panic... If your trade is in the direction of the weekly or monthly you will be fine.
Thank you, Mr. Alien. I will.
  • #20,740
  • Jul 24, 2018 12:27pm Jul 24, 2018 12:27pm
Quoting jpadvisor
{quote} To me if you trade confluence, i.e. fundamental analysis and news together with tech. analysis with a proven (alien) system, then you'll gain a real edge. Cheers
Yeah, a real trader should sharpen all his swords.
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