Next weeks interest:
Theory behind it:
Theory behind it:
Emotions vs Rules
Alien's Extraterrestrial Visual Systems
- #22,367
- Mar 10, 2021 2:05pm Mar 10, 2021 2:05pm
{quote} for example you can see that approach the same on m15... if you trade positions doing that approach on m15 you will raise you equity faster than trading postions on a weekly and will gain experience faster.... do this on DEMO and trade simulate using those tools above when at the screen studying........ {image}
i find 15M combined with ADX expansion is good but for how long that is the issue ,
i use Daily ADR as the exit for now + candles PA
(which for me is easier & better than PSA >>> try it +price action around that area, which includes div)
I used it with BTCUSD today from 10 hrs ago
but it was with pure luck i was passing by the screens & found it all aligned in ADX & i also entered late
here below sry for bad drawing tools
i paint much better with a pen.see yellow parts entry & exit , i used BBS 1 hr DB as a start point + ADX Db's above
i entered with 2 positions , one closed at ADR another left to run although i am sure it will get hit on the BE i have set for it & probably will get back up.
I am still skeptical about the setup & how should i arrange it and manage it, i use along with attached ADX DB & another for BBS & and ADX & rsioma DB's but it's a pain to look up for all that at same time, while i do have a demanding day job.
Problem for me, there are too many rules and cases on when to enter and diversities by many rules & also ppl in this thread.
sometimes entry is with BBS then exp of adx some or all , sometimes its all TF's and or only small TF's, sometimes a cross , sometimes along the trend etc....
i think you already read the thread & the summary notes & know what i mean.
I am trying to simplify it due to my limited time , and it has been a long thread since years ago so i need to test for myself and see my own testing will work for me or not.
If you can share your point of view on entries & exits rules or even how you follow up a trade by which of the original rules are before what.
i would be obliged, just to see a second point of view.
--------------------------------------------------------------------------------------------------------------
One thing for certain i have learned in my longest journey on earth and confirmed it several times
>>>>>Fundamentals & how you read them are the master key to the lock<<<<<
- #22,368
- Mar 10, 2021 2:35pm Mar 10, 2021 2:35pm
{quote} @Gonzaga here is something from earthlings to help your prev. on planet earth
- #22,369
- Mar 10, 2021 2:59pm Mar 10, 2021 2:59pm
{quote} @Gonzaga here is something from earthlings to help your prev. on planet earth
- #22,374
- Mar 10, 2021 5:15pm Mar 10, 2021 5:15pm
Hi Everyone ,
before anything, i wanna to say thanks to Alien, JPadvisor & Zimbinga they teach me a lot of thing while i was following there post.
i was using Alien V2 for a few year and i wanna to share with you something that changed my trading way
First of all gay , forget all thing about Crossing 50 lvl etc , indicator are lagging and you will always be late in the trade
you need to follow the main things that alien expleaned everytime its THE WAVE and see how the price react
First of all i Added 2 MTF_DDS im calling them FAST & Normal
the Normal one its what you found in this post its help me to spot a configuration and wave move
Fast one its help me to see what happend inside the wave to have the best entry and the smallest stop lost ever i can
So in the Picture that i uploaded we have :
- DDS with normal setting ( 13,8,9 ) its show the wave like ALien talked about it
-- Inside I added RSIOMA normal Setting ( Its help to see if RSIOMa & DDS are moving togheter with the same speed or Not ) Its help to got the Slingshot and the see if DDS its going away from rsioma or not and also spot divergence oversell overbuy
- DDS With Fast setting ( 8,3,3 ) its show what happen inside the Wave
-- Inside a fast RSIOMA setting ( 5 , 7 ) for the same thing as i said above but in a fast way
Now
lets talk about the number & Color in the Picture :
Number 1 & Green Color :
- We have 2 TOP in the price chart , and also the DDS+ RSIOMA both Fast & Normal forming 2 TOP
you agree that her we have HIGH low + High LOw = FIRST CLUE its Gonna GO Down
- You see i did a circle in the seconde TOP ( Look at the price not indicator ) you See Price is Going Side Way = some one is building something her they call it Absorbation before the move 2ND CLUE its gonna go DOWN
- Now let take a look to the Normal DDS & RISOMA , Her We have a SLINGSHOT of the DDS(M1 green) going to join the DDS (M5 red) , very very important at this moment we see that DDS(M1) travled higher than RSIOMA we have space between them ( DDS will go back to join RSIOMA as alien sayed )= 3TH CLUE its going to GO down
- Now take a look to the Fast DDS & RSIOMA , we have an interesting thing happening her :
1st DDS(M15 Yellow one ) is Going Down, 2nd DDS (M1 Green one ) Crossed down the DDS(M5) and RSIOMA With DSS are Traveling Togther = Time to Enter Trade
Conclusion here we are Playing :
The M1 DDS SLingshot to join M5 DDS = NORMAL DDS
and The M5 DDS to JOIN M15 DDS = FAST DDS
When you combine Fast and Normal DDS you have a very clear picture
now lets talk about number 2 and Aqua Color
Number 2 & Aqua Color :
In the Price chart we have 2 Bottom and a HIGH LOW = 1ST CLUE going UP (compare the 2 bottom of the FAST DDS(M5) and the 2 bottom in the price chart and see the very amazing Divergence there)
in the Normal DDS , DDS (M5) its moving to join M15 DDS , and DDS(M1) in oversell area and its Going to do a slingshot to joing the M5 = 2nd CLUE
in the Fast DDS , we have an amazing configuration, M15 DDS is going to do a Slingshot to joint the H1 DDS and at the same time the M5 DDS & the M1 DDS
are toghether in OverSell you know here that price found a bottom = 3rd CLUE
look at the chart Price its going on a side way , while the FAST DDS ( M5+M1) are in the oversold Area = 4th CLUE BIG MOVE THERE
Result ? Big Move !!
its simple follow the wave!
what to Watch ?
Watch the Normal DDS to have a configuration
watch the Fast DDS to confirme what the normal DDS is saying
watch RSIOMA and ask yourself why rsioma its not following the DDS and the DDS is moving far from it ?
and WATCH price specialy when we have a sideway move
but dont forget the see the bottom and top if its going higher or lower if there is a Divergence or not
and forget about crossing lvl 50
Sorry for my poor english i hope its clear i did all my best if there is any question feel free to ask and i will respond if i have time ( i dont have a lot of time but i will try )
BR
before anything, i wanna to say thanks to Alien, JPadvisor & Zimbinga they teach me a lot of thing while i was following there post.
i was using Alien V2 for a few year and i wanna to share with you something that changed my trading way
First of all gay , forget all thing about Crossing 50 lvl etc , indicator are lagging and you will always be late in the trade
you need to follow the main things that alien expleaned everytime its THE WAVE and see how the price react
First of all i Added 2 MTF_DDS im calling them FAST & Normal
the Normal one its what you found in this post its help me to spot a configuration and wave move
Fast one its help me to see what happend inside the wave to have the best entry and the smallest stop lost ever i can
So in the Picture that i uploaded we have :
- DDS with normal setting ( 13,8,9 ) its show the wave like ALien talked about it
-- Inside I added RSIOMA normal Setting ( Its help to see if RSIOMa & DDS are moving togheter with the same speed or Not ) Its help to got the Slingshot and the see if DDS its going away from rsioma or not and also spot divergence oversell overbuy
- DDS With Fast setting ( 8,3,3 ) its show what happen inside the Wave
-- Inside a fast RSIOMA setting ( 5 , 7 ) for the same thing as i said above but in a fast way
Now
lets talk about the number & Color in the Picture :
Number 1 & Green Color :
- We have 2 TOP in the price chart , and also the DDS+ RSIOMA both Fast & Normal forming 2 TOP
you agree that her we have HIGH low + High LOw = FIRST CLUE its Gonna GO Down
- You see i did a circle in the seconde TOP ( Look at the price not indicator ) you See Price is Going Side Way = some one is building something her they call it Absorbation before the move 2ND CLUE its gonna go DOWN
- Now let take a look to the Normal DDS & RISOMA , Her We have a SLINGSHOT of the DDS(M1 green) going to join the DDS (M5 red) , very very important at this moment we see that DDS(M1) travled higher than RSIOMA we have space between them ( DDS will go back to join RSIOMA as alien sayed )= 3TH CLUE its going to GO down
- Now take a look to the Fast DDS & RSIOMA , we have an interesting thing happening her :
1st DDS(M15 Yellow one ) is Going Down, 2nd DDS (M1 Green one ) Crossed down the DDS(M5) and RSIOMA With DSS are Traveling Togther = Time to Enter Trade
Conclusion here we are Playing :
The M1 DDS SLingshot to join M5 DDS = NORMAL DDS
and The M5 DDS to JOIN M15 DDS = FAST DDS
When you combine Fast and Normal DDS you have a very clear picture
now lets talk about number 2 and Aqua Color
Number 2 & Aqua Color :
In the Price chart we have 2 Bottom and a HIGH LOW = 1ST CLUE going UP (compare the 2 bottom of the FAST DDS(M5) and the 2 bottom in the price chart and see the very amazing Divergence there)
in the Normal DDS , DDS (M5) its moving to join M15 DDS , and DDS(M1) in oversell area and its Going to do a slingshot to joing the M5 = 2nd CLUE
in the Fast DDS , we have an amazing configuration, M15 DDS is going to do a Slingshot to joint the H1 DDS and at the same time the M5 DDS & the M1 DDS
are toghether in OverSell you know here that price found a bottom = 3rd CLUE
look at the chart Price its going on a side way , while the FAST DDS ( M5+M1) are in the oversold Area = 4th CLUE BIG MOVE THERE
Result ? Big Move !!
its simple follow the wave!
what to Watch ?
Watch the Normal DDS to have a configuration
watch the Fast DDS to confirme what the normal DDS is saying
watch RSIOMA and ask yourself why rsioma its not following the DDS and the DDS is moving far from it ?
and WATCH price specialy when we have a sideway move
but dont forget the see the bottom and top if its going higher or lower if there is a Divergence or not
and forget about crossing lvl 50
Sorry for my poor english i hope its clear i did all my best if there is any question feel free to ask and i will respond if i have time ( i dont have a lot of time but i will try )
BR
