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Alien's Extraterrestrial Visual Systems

  • #1,081
  • Jan 5, 2014 12:30pm Jan 5, 2014 12:30pm
Quoting forexalien
{quote} I am currently 3055 human years old.............
That's great! I wish you many more.........
With God its impossible to lose
  • #1,082
  • Jan 5, 2014 12:33pm Jan 5, 2014 12:33pm
Quoting forexalien
{quote} That looks like cousin Jake, where did you find him ?
http://www.dailymail.co.uk/news/arti...ing-earth.html
They found him in Siberia.
With God its impossible to lose
  • #1,083
  • Jan 5, 2014 12:37pm Jan 5, 2014 12:37pm
We should make a list of all the trades we have come up with in the past few days or week and try and Rate them for best trade to lessor,
There have been may on different time frames..............

Alien has a few things to do and I will be back....................
Attached Images
The More You Learn, The More You Earn.....
  • #1,084
  • Jan 5, 2014 12:39pm Jan 5, 2014 12:39pm
Quoting rglenn
{quote} http://www.dailymail.co.uk/news/arti...ing-earth.html They found him in Siberia.
Nice ! I will have to go visit him and revive him again it looks like..........
The More You Learn, The More You Earn.....
  • #1,085
  • Jan 5, 2014 12:39pm Jan 5, 2014 12:39pm
Quoting forexalien
{quote} I only trade what the market gives me................ I like scalping when I am here......... Day trading and swing trading when I am gone from the computer........ and are Long Term Trend Trading when I see good setups for staying the trade............. NY 5am to Noon when I can Asian for a few hours in the evening London some of the time.....zzzzzzzzz

As your system is so precise when we get an entry, it may be better for us beginners if we just go for a certain amount of pips everyday until we become more proficient. That's what I am going to do anyway.

Everyone must decide what their threshold is. Personally I don't like to see profits evaporate while I am waiting to get more.
With God its impossible to lose
  • #1,086
  • Jan 5, 2014 12:44pm Jan 5, 2014 12:44pm
Quoting rglenn
{quote} As your system is so precise when we get an entry, it may be better for us beginners if we just go for a certain amount of pips everyday until we become more proficient. That's what I am going to do anyway. Everyone must decide what their threshold is. Personally I don't like to see profits evaporate while I am waiting to get more.
A set amount of pips to be made may lead to extra losses, as some days there wont be that many pips in the market and you will loose trying to still make your target, and other days when there are more pips in the market you may miss them as you will stop after reaching your target.

Trade the opportunities and try to make the most from them.
  • #1,087
  • Jan 5, 2014 12:52pm Jan 5, 2014 12:52pm
In what timeframe do you enter trade alien ?
What are your results using your system since you started ?

Thanks friend.
Trade Safe !
  • #1,088
  • Jan 5, 2014 12:59pm Jan 5, 2014 12:59pm
Quoting rglenn
{quote} As your system is so precise when we get an entry, it may be better for us beginners if we just go for a certain amount of pips everyday until we become more proficient. That's what I am going to do anyway. Everyone must decide what their threshold is. Personally I don't like to see profits evaporate while I am waiting to get more.
It takes time to control fear and greed..................

The markets are either Moving or they are Mixed.............don't trade when a clear signal is not available.............
The More You Learn, The More You Earn.....
  • #1,089
  • Jan 5, 2014 1:09pm Jan 5, 2014 1:09pm
Quoting Goodgame42
In what timeframe do you enter trade alien ? What are your results using your system since you started ? Thanks friend.
All Time Frames I enter trades in, but for newbies or those not being profitable, I would look at the M15 or higher and make sure the M5 and M1 are in alignment for that trade. or H4 and make sure H1 and M15 are in alignment with that trade.

I wouldn't teach something that didn't make me money, or I would be found out in a heartbeat,

If you don't over trade, Don't trade during flat markets, Don't enter trades to soon........and use all the signals for a Grade "A" you should be making money too.

Most humans don't have self discipline, they over trade, trade during flat markets, enter too soon, and don't follow entry rules well..............Alien
The More You Learn, The More You Earn.....
  • #1,090
  • Jan 5, 2014 1:11pm Jan 5, 2014 1:11pm
Quoting jeffmichaels
{quote} A set amount of pips to be made may lead to extra losses, as some days there wont be that many pips in the market and you will loose trying to still make your target, and other days when there are more pips in the market you may miss them as you will stop after reaching your target. Trade the opportunities and try to make the most from them.

I hear what you are saying Jeff I have been looking at options. I have been looking at trades taken from when you get a Bollinger squeeze and each time it produces around 35 pips plus before it retraces so if I took a portion of that I should be fine with a 1:1 stop loss.

Another way- which I think is Alien's preferred option is to bring it to break- even at 30 pips and let it ride. This way you will also catch the longer trends.
With God its impossible to lose
  • #1,091
  • Jan 5, 2014 1:18pm Jan 5, 2014 1:18pm
Quoting jeffmichaels
{quote} A set amount of pips to be made may lead to extra losses, as some days there wont be that many pips in the market and you will loose trying to still make your target, and other days when there are more pips in the market you may miss them as you will stop after reaching your target. Trade the opportunities and try to make the most from them.
Thanks .........

Again, only take what the market will give you, some days it's nothing, some days you can't believe it.............

Alien does not sit in front of his computer all the time , 20 to 40 pips a day is OK, 70 - 150 pips is better on a good day.

If you are not up to speed with trading , maybe 20 pips a day, if you are getting the hang of trading , maybe 20 to 40 pips a day, if you are starting to master trading, 40 to 80 pips a day , If you are in the Zen master level, 100 + a day..........................
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The More You Learn, The More You Earn.....
  • #1,092
  • Jan 5, 2014 1:22pm Jan 5, 2014 1:22pm
Quoting rglenn
{quote} I hear what you are saying Jeff I have been looking at options. I have been looking at trades taken from when you get a Bollinger squeeze and each time it produces around 35 pips plus before it retraces so if I took a portion of that I should be fine with a 1:1 stop loss. Another way- which I think is Alien's preferred option is to bring it to break- even at 30 pips and let it ride. This way you will also catch the longer trends.
Very true, even at 30 pips profit, ( because I don't know the TF the trade took place ) you could lock in 10 to 15 pips of profit and let it run......

Many times Alien will lock in 50% profits after 30 pips , it builds confidence when you at least collect something for the trade..............IMO
The More You Learn, The More You Earn.....
  • #1,093
  • Jan 5, 2014 1:24pm Jan 5, 2014 1:24pm
Quoting forexalien
{quote} Thanks ......... Again, only take what the market will give you, some days it's nothing, some days you can't believe it............. Alien does not sit in front of his computer all the time , 20 to 40 pips a day is OK, 70 - 150 pips is better on a good day. If you are not up to speed with trading , maybe 20 pips a day, if you are getting the hang of trading , maybe 20 to 40 pips a day, if you are starting to master trading, 40 to 80 pips a day , If you are in the Zen master level, 100 + a day.......................... {image} {image}

So that begs the question mr. forexalien: how many pairs do you have in your metatrader profile?
  • #1,094
  • Jan 5, 2014 1:37pm Jan 5, 2014 1:37pm
Quoting ranger_lp
{quote} So that begs the question mr. forexalien: how many pairs do you have in your metatrader profile?
Since I am looking at everyone's trade recommendations , I have all of the ones we have talked about open.

Alien is running the computers in his UFO, one computer has 8 screens, MT4 is open on 6 of the screens, with 6 pair set up with M1 to H4 open on each pair.

This is not required to trade or make big pips. you can just flip through pairs and time frames and when you see something , look deeper at it.

Larger TF's require less looking .................
The More You Learn, The More You Earn.....
  • #1,095
  • Jan 5, 2014 1:40pm Jan 5, 2014 1:40pm
Quoting forexalien
{quote} Since I am looking at everyone's trade recommendations , I have all of the ones we have talked about open. Alien is running the computers in his UFO, one computer has 8 screens, MT4 is open on 6 of the screens, with 6 pair set up with M1 to H4 open on each pair. This is not required to trade or make big pips. you can just flip through pairs and time frames and when you see something , look deeper at it. Larger TF's require less looking .................
using M5 charts, you have lots of time to look at other charts, that's 300 seconds of chart looking before you go back to the charts you are most interested in..........
You have a lot of time .........using one screen still works, Alien started with one screen..............
The More You Learn, The More You Earn.....
  • #1,096
  • Jan 5, 2014 2:21pm Jan 5, 2014 2:21pm
Hello, Aliens. Im new to this I spent some time reading this post. What are your thoughts with GBP/AUD?
I love forex. One day it will love me back.
  • #1,097
  • Jan 5, 2014 3:22pm Jan 5, 2014 3:22pm
Quoting Singha83
Hello, Aliens. Im new to this I spent some time reading this post. What are your thoughts with GBP/AUD?

My take on GBP/AUD daily is I can see a period of resting as shown on the ADX indicator and the RSIOMA is compressed above 80 which according to Alien signifies a long until proven otherwise.

The H4 time frame shows the RSIOMA and the Green Stoch almost below 20 and the DS beginning to point up and ADX mixed and resting. H1 shows there is a turning going on to the upside by the RSIOMA , Green Stoch and DS pointing up and ADX expanding.

15 Mins have all indicators above 80. So the 15 mins is turning the 1 hour which will then turn the 4 hour long.( I think). Anyone else want to try?
Attached Image (click to enlarge)
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With God its impossible to lose
  • #1,098
  • Jan 5, 2014 3:37pm Jan 5, 2014 3:37pm
Quoting Singha83
Hello, Aliens. Im new to this I spent some time reading this post. What are your thoughts with GBP/AUD?
Hello Singha83,

Although im still learning the system myself I will give my analysis of GBPAUD.

Monthly; Mixed
Black and green stoch are long, slow stochastic still barely above 20 so short
ADX (89,144) has just stopped momentum from a short move
RSIOMA Long

Weekly; Long to mixed
All stochastic >80 although black crossing down could be end of first wave
ADX expanding
RTSIOMA Long

Daily; Mixed
All stochastics turning down with bearish divergence visible >short
ADX 42,89,144 still up from long move, so still long
RSIOMA Long

H4; Short
Al stochastics short, black signalling retracement move in progress, slow stochastic can still turn back before 50 though. Also stochastic divergences ->short
ADX all contracting from move long ->short
RSIOMA short after bearish divergences

Longer term it seems mixed looking at monthly i suspect this may happen looking at the monthly rest before other move down after it hits the trendline.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #1,099
  • Jan 5, 2014 3:59pm Jan 5, 2014 3:59pm
Quoting rglenn
{quote} My take on GBP/AUD daily is I can see a period of resting as shown on the ADX indicator and the RSIOMA is compressed above 80 which according to Alien signifies a long until proven otherwise. The H4 time frame shows the RSIOMA and the Green Stoch almost below 20 and the DS beginning to point up and ADX mixed and resting. H1 shows there is a turning going on to the upside by the RSIOMA , Green Stoch and DS pointing up and ADX expanding. 15 Mins have all indicators above 80. So the 15 mins is turning the 1 hour which will then turn the 4 hour...
So we seem to be on the same page as far as the resting, although i think it will have at least a retracement down then first of what would be the first wave long when it hits the trendline, an second attempt at the trendline should break through possibly signalling a longer term move up.
On your chart i noticed you have your advanced ADX setting on the default, set it to 7 to align the histogram.
  • #1,100
  • Jan 5, 2014 4:02pm Jan 5, 2014 4:02pm
Quoting jeffmichaels
{quote} Hello Singha83, Although im still learning the system myself I will give my analysis of GBPAUD. Monthly; Mixed Black and green stoch are long, slow stochastic still barely above 20 so short ADX (89,144) has just stopped momentum from a short move RSIOMA Long Weekly; Long to mixed All stochastic >80 although black crossing down could be end of first wave ADX expanding RTSIOMA Long Daily; Mixed All stochastics turning down with bearish divergence visible >short ADX 42,89,144 still up from long move, so still long RSIOMA Long H4; Short Al stochastics...
Thanks for sharing !
Have you seen the beautiful divergence of RSIOMA in H4 Timeframe ?
Attached Image (click to enlarge)
Click to Enlarge Name: div.PNG Size: 54 KB
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