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Alien's Extraterrestrial Visual Systems

  • #21,521
  • Mar 8, 2019 4:24am Mar 8, 2019 4:24am
Overview after the BCE:
"As widely predicted, the ECB announced on Thursday that the key interest rate would remain at 0.00%, with the deposit rate remaining locked in NIRP territory, at -0.4%. During the President of the ECB (Mario Draghi’s) press conference, he outlined how the central bank would continue to provide monetary stimulus, through subsidised investment bank lending, now that their asset/bond purchasing scheme has ended, in December 2018, whilst intimating that any interest rate rises would be unlikely to restart in 2019. The ECB also downgraded their GDP growth projections for the Eurozone. The FX markets immediately sold off the euro, on the basis that the single bloc currency would weaken, in relation to the increasing levels of circulation. EUR/USD slumped to its lowest level since June-July 2017. At 21:30pm U.K. time, the leading, major pair, traded at 1.119, crashing through S3, down -1.00% on the day. Other euro pairs followed similar price action patterns, with EUR/JPY trading down -1.07%. Sterling endured a torrid day of activity during Thursday’s trading sessions, once again, the geo-political issue of Brexit, determined the value of the U.K. pound and direction of its currency pairs. GBP/USD traded at lows not witnessed since February 25th, holding position above the 1.300 handle. At 22:00pm, the currency pair referred to as “cable”, traded at 1.308, down -0.65%, breaching S2 during the sell off. Sterling also sold off sharply versus JPY, trading down -0.80%."
Per aspera ad astra
  • #21,522
  • Mar 8, 2019 4:26am Mar 8, 2019 4:26am
Quoting marcnathan88
Some of the trades I took this week. I really love this trading system. I think this works well for me according to my personality and my preferred style of trading. Trading with indicators was something I have always comfortable with. They help me make sense of what price is doing and where it is currently and where it can possibly head or what it can possibly do. I just struggle with naked trading. But off course I make sure to pay attention to price action and S&R. USD/CAD +60 pips. EUR/USD +43 pips. I could've made +100 pips on both trades if...
Hi!thank you for post!really appreciate it. I know that all rules are on the theread but could you share the logic behind these trades?it will be very usfull to whose is still learning alien's system. Greetings
  • #21,523
  • Mar 8, 2019 6:55am Mar 8, 2019 6:55am
@jpadvisor
do you also make your own predictions/analysis?
let's say making predictions at the beginning of the week, or sunday seems to me the best day. we know what the economic calendar will be, but how to make it's predictions. i can't find newssites which makes predictions/analysis, and i need couple of them to read different kind of opinions and make my own.
i still haven't found out to get those two working together=news + TA
  • #21,524
  • Mar 8, 2019 7:11am Mar 8, 2019 7:11am
Quoting 19lexicon78
@jpadvisor do you also make your own predictions/analysis? let's say making predictions at the beginning of the week, or sunday seems to me the best day. we know what the economic calendar will be, but how to make it's predictions. i can't find newssites which makes predictions/analysis, and i need couple of them to read different kind of opinions and make my own. i still haven't found out to get those two working together=news + TA
Try this: in a few we have NFP. Look at last numbers and previsions. Compare with what you know about economy in USA. You could try a buy stop in UJ or not
Per aspera ad astra
  • #21,525
  • Mar 8, 2019 7:38am Mar 8, 2019 7:38am
so, you don't use any external analysis/predictions of other people? making prognoses is far more difficult than TA. banks have special departments for this skill
  • #21,526
  • Mar 8, 2019 11:28am Mar 8, 2019 11:28am
Quoting 19lexicon78
so, you don't use any external analysis/predictions of other people? making prognoses is far more difficult than TA. banks have special departments for this skill
No, alien friend, I don't put money on other's prediction. I create my own one after having read all articles around the coming event in the morning.
After that I open the charts and if also TA is in confluence with my opinion then I trade the news.
In this case I thought NFP would have been positive for USD but charts were not clear, so I placed a buy order in UJ over 111.20 and the order was not triggered.
Per aspera ad astra
  • #21,527
  • Mar 8, 2019 11:59am Mar 8, 2019 11:59am
how much time did it take to be at this level you are now?
i use some newssites, but there aren't any prognoses, mostly news after the data is given.
  • #21,528
  • Mar 8, 2019 1:06pm Mar 8, 2019 1:06pm
Quoting Danielesse87
{quote} Hi!thank you for post!really appreciate it. I know that all rules are on the theread but could you share the logic behind these trades?it will be very usfull to whose is still learning alien's system. Greetings
Alien V2 , watch 3 things :
1 - compression of dss
2 - sling shot
3 - TF cross each others

dont Forget rsioma or obos rsi !
And you will get constant profit

combine this with VSA And Volume profile then you can double your account quickly
  • #21,529
  • Mar 8, 2019 1:53pm Mar 8, 2019 1:53pm
Quoting madboy4u3
{quote} Alien V2 , watch 3 things : 1 - compression of dss 2 - sling shot 3 - TF cross each others dont Forget rsioma or obos rsi ! And you will get constant profit combine this with VSA And Volume profile then you can double your account quickly
Hi! Doesn't seems v2 on your charts. Sorry but your advices are pretty approsimative. It could be more usfull if you explain the entire thinking process behind a specific trade. Anyway, thank you Sir
  • #21,530
  • Mar 10, 2019 6:21am Mar 10, 2019 6:21am
Quoting Danielesse87
{quote} Hi!thank you for post!really appreciate it. I know that all rules are on the theread but could you share the logic behind these trades?it will be very usfull to whose is still learning alien's system. Greetings
I entered based on the rules taught by Alien for V1 of this strategy. I wait for RSIOMA to move in the 80/20 level. Stochs also in the 80/20 level. ADX powered up. Multi TF analysis is also important. The same setup must also be present on other TF's. RSIOMA and Stochs moving higher crossing the 50 level going to 80 level for long and moving lower crossing 50 level going to 20 level for short. Everything for me just takes visual analysis of what all the indicators are doing. Hence Alien's Extraterrestrial Visual Systems.

Hope this helps.
Patience and Discipline, these are the Holy Grail.
  • #21,531
  • Mar 10, 2019 3:50pm Mar 10, 2019 3:50pm
Quoting marcnathan88
{quote} I entered based on the rules taught by Alien for V1 of this strategy. I wait for RSIOMA to move in the 80/20 level. Stochs also in the 80/20 level. ADX powered up. Multi TF analysis is also important. The same setup must also be present on other TF's. RSIOMA and Stochs moving higher crossing the 50 level going to 80 level for long and moving lower crossing 50 level going to 20 level for short. Everything for me just takes visual analysis of what all the indicators are doing. Hence Alien's Extraterrestrial Visual Systems. Hope this helps....
that's what it is all about - takes a lot of practice to get good.
  • #21,532
  • Mar 11, 2019 5:53am Mar 11, 2019 5:53am
Still about the Sterling:
"Sterling has proven to be a difficult trade over recent weeks, as its currency pairs have whipsawed in various ranges; wide or narrow, bullish or bearish, in direct relation to any breaking, Brexit news. The week beginning March 11th will prove to be a critical week for the U.K. pound, therefore, sterling traders must remain hyper vigilant to the political situation during the week’s trading sessions and not just the economic calendar events, specifically relating to the U.K. GBP/USD fell by -1.42% weekly during the week ending March 8th, EUR/GBP rose by 0.30% and GBP/CHF fell by -0.83%, during a week when these pairs oscillated in wide ranges.
On Tuesday, the U.K. Parliament will once again vote on the withdrawal agreement (WA), the plan B of Theresa May is identical to the plan A, voted down by a record amount in January. It is expected that the second presentation of the WA will also be voted down. Thereafter, on Wednesday and Thursday, two more votes will take place. One vote to try and prevent a no deal Brexit, the other vote will be a consensus to approach the E.U. to ask for an extension, in order to delay Brexit past March 29th. However, it’s unlikely that the E.U. will grant an extension for the U.K. government to waste more time. Therefore, unless the U.K. Parliament comes up with a reason for the extension, such as a second referendum on the WA, or a general election, there’s little point in granting an extension".
Per aspera ad astra
  • #21,533
  • Mar 12, 2019 3:16am Mar 12, 2019 3:16am
NZD/CAD long running at +30 pips. The setup appeared across multiple TF's hence why I took the trade.

RSIOMA on daily above 50 level and moving towards level 80. ADX full powered. Stochs 21, 10, 10 and 100, 10, 10 at 80 level. On H4, H1 and M30 RSIOMA at level 80. Stochs at level 80. ADX full powered.

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Attached Image (click to enlarge)
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Patience and Discipline, these are the Holy Grail.
  • #21,534
  • Mar 12, 2019 6:53am Mar 12, 2019 6:53am
Quoting marcnathan88
NZD/CAD long running at +30 pips. The setup appeared across multiple TF's hence why I took the trade. RSIOMA on daily above 50 level and moving towards level 80. ADX full powered. Stochs 21, 10, 10 and 100, 10, 10 at 80 level. On H4, H1 and M30 RSIOMA at level 80. Stochs at level 80. ADX full powered. {image} {image} {image} {image}
Thanks for posting.
  • #21,535
  • Mar 12, 2019 3:03pm Mar 12, 2019 3:03pm
Quoting marcnathan88
NZD/CAD long running at +30 pips. The setup appeared across multiple TF's hence why I took the trade. RSIOMA on daily above 50 level and moving towards level 80. ADX full powered. Stochs 21, 10, 10 and 100, 10, 10 at 80 level. On H4, H1 and M30 RSIOMA at level 80. Stochs at level 80. ADX full powered. {image} {image} {image} {image}
Well done

Today I took short on USD/CAD on H4 BBS break with lower TF support following Daily putting in a top.
  • #21,536
  • Mar 13, 2019 1:04pm Mar 13, 2019 1:04pm
Quoting 19lexicon78
how much time did it take to be at this level you are now? i use some newssites, but there aren't any prognoses, mostly news after the data is given.
The site that I prefer is FXStreet. Hope it helps.
Per aspera ad astra
  • #21,537
  • Mar 13, 2019 5:25pm Mar 13, 2019 5:25pm
it's one of the sites i use.
i've found that zerohedge has every monday a summary for the events and it's effects for the coming week, made of statements of goldman,bofa and another bank.
made a sheet for the week of the 8 currencies, give each day how strong it's movement, my prognose up/down/nothing. table next to it and wrote the real movement each day. compare these two and hope after 100s of this kind of diaries, i'll get a feeling.
so, i've got two diaries. TA and news. but these weeks my only focus is news and how to crack this code..
  • #21,538
  • Mar 20, 2019 5:06am Mar 20, 2019 5:06am
Sterling is quiet now?
"The Brexit debacle took another twist on Tuesday, as Michel Barnier, the leading E.U. negotiator, insisted that the U.K. government’s expectation; to have the exit extended beyond the March 29th legal date agreed by Parliament, is highly presumptive. Mr. Barnier echoed the statements made recently by various other leaders and representatives of the E.U. 27; there has to be a reason for granting an extension and based on the U.K. Parliament being unable to agree a withdrawal arrangement vote, the E.U. appear to be unwilling to allow the extension, simply to allow the U.K. govt. to waste more time. The reaction in FX markets to Mr. Barnier’s statement which came in late afternoon, was relatively benign, at 18:45pm U.K. time GPB/USD traded at 1.327, up 0.11%, after trading in an extremely tight range, above the daily pivot point, throughout the day’s sessions. This pattern of price action was repeated by the majority of sterling pairs. Whilst EUR/GBP traded at 0.856, up 0.10%, oscillating in a tight range, close to the daily P.P. The U.K. FTSE closed up 0.34%. We may witness a sterling reaction when the European Council make a decision regarding any delay (and it’s length), during a meeting scheduled for Thursday 21st. FX traders would be wise to ensure they’re aware of the timing of any decision, as this could cause spikes in several GBP pairs, most notably; GBP/USD and EUR/GBP. Sterling is also likely to come under increasing scrutiny on Wednesday morning, as the ONS release the latest CPI (inflation) data at 9:30am U.K. time. The forecast is for annual inflation to remain unchanged at 1.80%, with monthly inflation for February forecast to come in at 0.40%, ahead of the shock -0.80% registered in January. The key CPI reading is one of many inflation related metrics the ONS will publish, including the latest PPI input figure, forecast to rise to 4.10% in February YoY, from 2.90% in January. This would indicate that the U.K. is paying more for imports, despite the relative improvement the U.K. pound has enjoyed versus its main currency peers, over recent months".
Per aspera ad astra
  • #21,539
  • Mar 22, 2019 6:12am Mar 22, 2019 6:12am
Update:
"The next chapter of the Brexit debacle was reached on Thursday, as the U.K. prime minister May scuttled off to Brussels, in an attempt to negotiate an extension, to the March 29th leave date. She wanted June 30th, the Council appears unwilling to grant such an extension, given it would indirectly compel the U.K. to engage in the European members of Parliament elections. The latest reports appear to suggest that the E.C. and it’s members are considering only giving an extension up to April 11th, or at the most May 22nd. However, any extension is conditional on May obtaining a positive vote and consensus through Parliament, for the withdrawal agreement. The next vote, MV3, is yet to be scheduled, it’ll have to be held before Friday 29th, if not then the U.K. simply crashes out, by default. On Thursday the main high impact calendar event relating to the U.K. involved the Bank of England announcing the base rate was remaining at 0.75%, whilst delivering forward guidance relating to the tools the bank has at its disposal, to contain any Brexit fallout."
Per aspera ad astra
  • #21,540
  • Mar 26, 2019 7:11am Mar 26, 2019 7:11am
@jpadvisor
do you know the correlations of the 8 pairs?
i'm only watching important clusters which have effect on 1 currency. but still don't know it's effects on others
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