Alien's Extraterrestrial Visual Systems

Quoting drloyd

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Thank you Alien for the excellent system, indicators and insights. Many hours of study and 37 pages of notes later and I am finally caught up to the current page. Short time frames pull longer time frames along. If a short time frame turns against the longer time frame, look for it to turn back and pull the longer tf farther in the direction that it had been going. For longer term trades, look at the long tf charts for direction first and trade only that direction. Look for spreading and rising ADX and RSIOMA agreement on each chart. Then you could...

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Quoting drloyd

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For shorter term trades, use a shorter tf chart such as M15 to find setups and verify that M5 and M1 are pulling the M15 the right direction. ADX is important. An ideal setup includes a compression of the ADX followed by all five speeds turning up. The histogram must be the correct color. BB squeeze is a clue that momentum will pick up soon. Trade in the direction of the BB slope. RSIOMA must be above 50 and climbing or above 80 and at least level for a buy trade and the d stoch must have crossed up. For an RSIOMA/delayed stochastic...

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Quoting rglenn

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{quote} Excellent summary drloyd. The only point I disagree with is the slope of the BB as you will notice that if you look back at previous trades the very best trades are going in opposite direction of the BB slope. Wow! some people are learning really fast. I must be a slow learner.

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Quoting rglenn

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Here is a trade where the BB slope was down but a nice profitable trade long. {image}

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Quoting forexalien

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{quote} Yes , this move did not meet our requirements and we just have to let these trades go.............. NO ADX expansion makes me think market manipulation and that the price will come back down in time as someone is taking candy from those who entered the slow burning ride down with no SL's , is what I am thinking................ And did the lower and higher TF's support this wild jump? I have not checked yet............. The RSIoma going straight UP and breaking the 50 line would have been a GRADE "C-" be careful entry with tight stops................IMO...

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Quoting rglenn

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{quote} wow! you are able to pick up market manipulation by your system as well..... this is certainly a comprehensive system. None of us now need to look at any other system but this one. I will have to stop jumping from one system to another now.

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Quoting forexalien

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TIP : Market Manipulation If you look at the line on the left, with little volume and PA falling , then look at the RED ADX 21 below, it was able to turn up and start expanding again under little effort of 10 or 15 pips. Now look at the second line where price jumps over 100 pips in an hour, then look below at the RED ADX 21 and the BLUE ADX 42,(yellow high lighted) they both where just taking their time resting during this 100 pips. The Black ADX 7 does not look strong or interested in the 100 pip move also. This is why I thing it is Market Manipulation.........Alien...

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Quoting rglenn

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{quote} Yes I see it now...... this is even more pronounced on the GBPUSD and GBPJPY as the ADX hardly moved at all on them. Nice example.

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Quoting forexalien

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TIP : Market Manipulation If you look at the line on the left, with little volume and PA falling , then look at the RED ADX 21 below, it was able to turn up and start expanding again under little effort of 10 or 15 pips. Now look at the second line where price jumps over 100 pips in an hour, then look below at the RED ADX 21 and the BLUE ADX 42,(yellow high lighted) they both where just taking their time, resting during this 100 pips. The Black ADX 7 does not look strong or interested in the 100 pip move also. This is why I think it is Market Manipulation.........Alien...

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Quoting occamsrazors

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{quote} That makes even more sense when you look at the D1...there is a RSIOMA short Divergence that has been in place for a week, with ADX 21 still falling and the rest compressing... I saw it when I was analysing RGlenn's long GC trade from last week (good call on that move by the way) and wondered how far PA would go up. Very very interesting Alien.... {image}

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Quoting rglenn

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Here is a trade where the BB slope was down but a nice profitable trade long. {image}

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Quoting forexalien

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{quote} Look at the Month on down, there are a lot of spooky indi readings on this pair, I think it will continue long, longer term, but it needs to straighten it's self out first. Sit on your hands for long term trade here. I also find no ADX expansion on most TF's.............

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Quoting occamsrazors

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{quote} I see what you mean, the Monthly has a rising RSIOMA under 50 and and falling Delayed stoch from 80 and Green stoch under 50, W1 RISOMA is near 80 in BBSqueeze, mixed ADX...not exactly a happy mix

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