Alien's Extraterrestrial Visual Systems | Page 87 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CRB Alien!! 215 replies

MT5 indicators for Alien’s trading systems 40 replies

Visual backtest result different from non-visual backtest 0 replies

Systems, Systems and Systems... 1 reply

“Alien Infector,” an MT4 script idea 2 replies

Attachments: Alien's Extraterrestrial Visual Systems
Exit Attachments

Alien's Extraterrestrial Visual Systems

  • #1,721
  • Jan 11, 2014 3:18pm Jan 11, 2014 3:18pm
Quoting rglenn
There are many ways to trade Alien system to suit your temperament. I have adopted it to my way of trading and my account is going north for a change. If it keeps up like this then I will have to meet up with Alien and buy him a drink. umm... I wonder what Aliens drink?
Since the beginning of this thread Alien offered us a glass full of good Winning Rate, gently poor a bit of good RR, carefully add some self control and garnish with a slice of patience........

Enjoy the explosive cocktail !!
the market is not random but anything can happen.
  • #1,722
  • Jan 11, 2014 3:31pm Jan 11, 2014 3:31pm
Quoting vspatrick
{quote} Since the beginning of this thread Alien offered us a glass full of good Winning Rate, gently poor a bit of good RR, carefully add some self control and garnish with a slice of patience........ Enjoy the explosive cocktail !!
Sure will vspatrick....I am getting ready for a real blast this year and I hope all alien followers are getting ready too!
With God its impossible to lose
  • #1,723
  • Jan 11, 2014 3:50pm Jan 11, 2014 3:50pm
For anyone who needs the updated info for last week from Alien's post please find the 2nd PDF attached.

I am sure some people are getting the hang of the system by now. As mentioned by Alien it is not necessary to use all time frames which can be mind bending. If you use say the Daily, 4hr and 1hr and 15mins lining up this should be enough to get you a bunch of pips to increase your account. Keep at it.....it will be worth it by the end of this year.
Attached File(s)
File Type: pdf Alien Extraterriestrial -PDF2.pdf   4.3 MB | 2,690 downloads
With God its impossible to lose
  • #1,724
  • Jan 12, 2014 3:01am Jan 12, 2014 3:01am
Out of interest how many traders are applying Aliens method to their own trading system?
With God its impossible to lose
  • #1,725
  • Jan 12, 2014 4:28am Jan 12, 2014 4:28am
Quoting rglenn
Out of interest how many traders are applying Aliens method to their own trading system?
Certainly has assisted my understanding of Price Action. Thank You.
  • #1,726
  • Jan 12, 2014 5:14am Jan 12, 2014 5:14am
I am using the Alien method for my forex trading. Works beautifully. I still need to work on my timing a bit. Still have bagged 209.8 pips with this method.
PIP'N
  • #1,727
  • Jan 12, 2014 5:31am Jan 12, 2014 5:31am
I have been trading for years and always use to get frustrated with when my stop loss got hit more times than my target

and then to make things worse go in my direction without me.

Now with alien's method I can see why because certain time frames have to complete their cycle first which is crucial.

what I have noticed recently is if you miss the timing of a good trade just wait for the green stochastic to go below 50 again on the 5 min chart and when it turns back up as long as the other times are ok you can jump in with trend
With God its impossible to lose
  • #1,728
  • Jan 12, 2014 6:14am Jan 12, 2014 6:14am
Trade to watch this week...... which will be good for a few hundred pips is GBPCHF. This will be a long trade but there is still some downside to it first.

I would walt for the 4hr and 5 min time frame indicators to line up with the upward momentum of the Daily and weekly then we are good to go.

Please do your own assessment and don't take my word for it.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfh4.png Size: 73 KB
With God its impossible to lose
  • #1,729
  • Jan 12, 2014 7:16am Jan 12, 2014 7:16am
Quoting rglenn
For anyone who needs the updated info for last week from Alien's post please find the 2nd PDF attached. I am sure some people are getting the hang of the system by now. As mentioned by Alien it is not necessary to use all time frames which can be mind bending. If you use say the Daily, 4hr and 1hr and 15mins lining up this should be enough to get you a bunch of pips to increase your account. Keep at it.....it will be worth it by the end of this year. {image}
Hi, rglenn thank you for wrapping up...Alien's comment in PDF
I just finish reading it this morning

Everything is a lotttt...clearer now, thank's again
i worshipped... Momentum
  • #1,730
  • Jan 12, 2014 7:43am Jan 12, 2014 7:43am
Quoting rockrobb
{quote} Hi, rglenn thank you for wrapping up...Alien's comment in PDF I just finish reading it this morning Everything is a lotttt...clearer now, thank's again
Your welcome rockrobb we are all trying to fight the same battle here we need to help each other as we begin to see the wood for trees or as I like to say the trees for the wood.
With God its impossible to lose
  • #1,731
  • Jan 12, 2014 8:17am Jan 12, 2014 8:17am
Quoting forexalien
{quote} You do live dangerously counter trend trading.............did you break even.............? Don't let price action suck you in.............. {image}
Got out real quick on that and reversed, hadnt been reading the forum as it is moving at lightspeed, must be your alien powers. Havent read up yet today but wanted to post my USDJPY and EURUSD analysis before reading to avoid bias .

So to start with the USDJPY final conclusion , i think it may retrace some of the move down up to the 104.40-60 level before continuing down to test the 102 level and then continuing up strong.
The monthly still is very long, but a retracement may be starting on the weekly with fast and medium stochastic hooked down and with possible RSIOMA divergence if the daily manages to pull the RSIOMA down, the last time on the weekly fast & medium stochastic turned down led to a speedy 1000 pip drop in just over a month.
On the daily it looks very possible from looking at the daily RSIOMA hook (edit: crossing below 80 could confirm), all 3 stocahstichs turning down (strong move) although the momentum is still strong long looking at 89 & 144 ADX.
More reasons are highlighted on the charts.

So Looking for shorts from H4, until daily fast & medium stochastic turn back up again.

Mn/Wk/D1/H4/H1
Attached Image (click to enlarge)
Click to Enlarge Name: 140112 USDJPY.png Size: 121 KB
  • #1,732
  • Jan 12, 2014 8:21am Jan 12, 2014 8:21am
61 pages woh ! a lot of work , nice
  • #1,733
  • Jan 12, 2014 9:17am Jan 12, 2014 9:17am
Hi, alien ...
Below is your answer to msiamd, post#433
Quoting forexalien
{quote} Hi msiamd, ... TIP : I feel it is great to have the Month, Week ,and Day all short, because all you have to do now is just watch the H4 .
So ... if i understand you correctly
USDCAD has the best offer for us, since the RSIOMA of Daily,H4,H1 are above 80 level
Based on comment above, we just have to watch M15 & M5 ... whichever comes first with Long setup

Right now, Green Sto/ADX/RSIOMA/DD Sto (of M15&M5) is not ready
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 171 KB
i worshipped... Momentum
  • #1,734
  • Jan 12, 2014 9:24am Jan 12, 2014 9:24am
On EURUSD im less clear, it looks like although it may move up some more up to the 1.3700/30 area, that more downside is underway if H4 RSIOMA doesnt manage to cross the 50. But as crossing it to the upside would indicate more upside this could easily be the other way round testing 1.3620/00 before moving much higher.

there are some bearish stochastic divergences & RSIOMA divergences on weekly & daily, bullish h4 one but those probably played out, did want to ask alien if the ADX divergences i marked are considered as such, i have heard you speak of that once i think.

On this one i will be monitoring H4& H1 slow stochastic to see if they will manage to pull daily RSIOMA back up or if they will pull it down on more time.

Mn/Wk/D1/H4/H1

Attached Image (click to enlarge)
Click to Enlarge Name: 140112 EURUSD.png Size: 125 KB
  • #1,735
  • Jan 12, 2014 9:30am Jan 12, 2014 9:30am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting rockrobb
So ... if i understand you correctly USDCAD has the best offer for us, since the RSIOMA of Daily,H4,H1 are above 80 level Based on comment above, we just have to watch M15 & M5 ... whichever comes first with Long setup Right now, Green Sto/ADX/RSIOMA/DD Sto (of M15&M5) is not ready {image}
Absolutely ... USDCAD is my prefered setup for the starting week. The M15 is preparing to an up DD cross. Maybe an entry on one of the next M1/M5 waves.

However we have to wait how will look the market open. Our charts might look slightly different !
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,736
  • Jan 12, 2014 10:04am Jan 12, 2014 10:04am
hey rglenn

good to know you are having some success with this system

you have gained my interest by saying this could be adapted to trading the daily charts... its the only timeframe i can really trade because of work constraints.

i will further invesitage your recommendations below , and start to learn this system which seems to be getting so much positive feedback on the thread

regards, blam

Quoting rglenn
For anyone who needs the updated info for last week from Alien's post please find the 2nd PDF attached. I am sure some people are getting the hang of the system by now. As mentioned by Alien it is not necessary to use all time frames which can be mind bending. If you use say the Daily, 4hr and 1hr and 15mins lining up this should be enough to get you a bunch of pips to increase your account. Keep at it.....it will be worth it by the end of this year. {image}
  • #1,737
  • Jan 12, 2014 10:19am Jan 12, 2014 10:19am
Quote
Trade to watch this week...... which will be good for a few hundred pips is GBPCHF. This will be a long trade but there is still some downside to it first.

I would walt for the 4hr and 5 min time frame indicators t
GBPCHF looks like a short at least this week for me if not longer, you could draw to channels on daily and with the fast and medium hooking hard together it looks like this could be a strong move down to the midline of one of the channels, shorting 1,4900/20 looks like a good trade to me.
Attached Image (click to enlarge)
Click to Enlarge Name: 140112 GBPCHF.png Size: 129 KB
  • #1,738
  • Jan 12, 2014 10:25am Jan 12, 2014 10:25am
Quoting rglenn
Out of interest how many traders are applying Aliens method to their own trading system?

Hi Rglenn,

Thanks for the pdf . Much appreciated.

In the past I had my own system, but I wasn't always aware of the bigger trend. So sometimes i took a posistion at the wrong time, which cost me pips.

Now i'm using Alien his Method and added two elements of my old trading method.
Works ok for me now.
Still learning, but i get a better view how waves in waves works on different TF. And also a better view on the overall trend.

I only watch 6 pairs, but enough for me atm.
  • #1,739
  • Jan 12, 2014 11:14am Jan 12, 2014 11:14am
Quoting blamshakk
hey rglenn good to know you are having some success with this system you have gained my interest by saying this could be adapted to trading the daily charts... its the only timeframe i can really trade because of work constraints. i will further invesitage your recommendations below , and start to learn this system which seems to be getting so much positive feedback on the thread regards, blam {quote}

Hi blamshakk I don't consider myself an expert yet as I am still learning to sit on my hands which I find extremely difficult as I always feel like I am missing pips. Once I can conquer this then the sky is the limit for me
With God its impossible to lose
  • #1,740
  • Jan 12, 2014 11:23am Jan 12, 2014 11:23am
Quoting msiamd
{quote} Hi Rglenn, Thanks for the pdf . Much appreciated. In the past I had my own system, but I wasn't always aware of the bigger trend. So sometimes i took a posistion at the wrong time, which cost me pips. Now i'm using Alien his Method and added two elements of my old trading method. Works ok for me now. Still learning, but i get a better view how waves in waves works on different TF. And also a better view on the overall trend. I only watch 6 pairs, but enough for me atm.
Hi msiamd you are doing the right thing there by only trading 6 pairs. I have only 4 main pairs that I watch daily as I don't want mental overload ....the main thing is making money. If you have Lots of patience you can even watch one pair. Unfortunately I ain't got much.
With God its impossible to lose
38 traders viewing now