Alien's Extraterrestrial Visual Systems | Page 116 | Forex Factory

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Alien's Extraterrestrial Visual Systems

  • #2,301
  • Jan 22, 2014 5:22am Jan 22, 2014 5:22am
Quoting FXKabab
{quote} Hi traderbola ... if I had to guess, it's because Multiple Timeframe Analysis is usually governed by a "Factor of 4" Rule... meaning, you choose a time frame you want to trade, then use a time frame that is 4x higher and 4x lower (or as close to that factor as you can get)... For example, if your main chart is the 15M, 4x higher would be the hourly, and 4x lower would be the 5m (technically, only 3x lower, but that's as close as we can get)... So, starting from Alien's 1M ... a 4x factor higher would be about the 5m (technically a factor...
Great Answer FXKabab ,,,,,,,,
The More You Learn, The More You Earn.....
  • #2,302
  • Jan 22, 2014 5:24am Jan 22, 2014 5:24am
Quoting rglenn
{quote} Thanks Master Alien I knew there was more information to be had from the stoch window and you have just given us a real Gem here!
There are lots of little tricks to use, but I am trying not to info over load here for now.................
The More You Learn, The More You Earn.....
  • #2,303
  • Jan 22, 2014 5:26am Jan 22, 2014 5:26am
  •  Ravelt
  • | Joined Feb 2013 | Status: The Closer You Look The Less You Se | 194 Posts
Quoting forexalien
{quote} This is why we wait for confirmation , RSIoma just below 80, green sto turned flat and the ADX never starting expanding for a long move , but it did for a short move.................
Yeah luckily i'm not jump in to early, gotta be more picky with my entry
  • #2,304
  • Jan 22, 2014 5:31am Jan 22, 2014 5:31am
Quoting Richcom
{quote} ;] I'm pretty sure that Alien will have more Gems here for us. There is an old proverb: " when you walk deeper in to the forest [Forex deep space with Alien ;], there will be more trees to find and discover ". So, keep focus guys.
Nice Alien Proverb you have there..............
The More You Learn, The More You Earn.....
  • #2,305
  • Jan 22, 2014 5:42am Jan 22, 2014 5:42am
Quoting Carlton
Hi Everyone, Hi Mr Alien, First of all thanks a lot for sharing this system with us and teaching it. This multi dimensional system is just absolutly brilliant. Dear Mr. Alien, I have a question for you: I looked at your balance sheet you posted early in the thread where you show that you doubled your account in 3 and 1/2 weeks time. You took 102 trades in 17-18 days. It is an average of 6 trades per day. This means that you are short term trading. So I understand the Alien's big eyes idea. Like FXKabab, I saw all these setups yesterday on M5, with...
Welcome Carlton,

I do not sit in front of the computer all day, that was a short term goal and if you stay focused , it is possible to double an account in a month. Normally I put some swing trades on and walk away, around 10% a week is what I average on my larger account, so I don't try and push the market to give me more. Someday I will be here more often but for now I am not.

Work space is 8 screens on the UFO, MT4 is in 6 of them with AU,UC,GU,UJ,EU,EJ in each, then for all the other pairs I just pull them up one at a time and flip through the periods.

I short term and long term trade.
The More You Learn, The More You Earn.....
  • #2,306
  • Jan 22, 2014 5:44am Jan 22, 2014 5:44am
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The More You Learn, The More You Earn.....
  • #2,307
  • Jan 22, 2014 6:16am Jan 22, 2014 6:16am
Quoting forexalien
{quote} Welcome Carlton, I do not sit in front of the computer all day, that was a short term goal and if you stay focused , it is possible to double an account in a month. Normally I put some swing trades on and walk away, around 10% a week is what I average on my larger account, so I don't try and push the market to give me more. Someday I will be here more often but for now I am not. Work space is 8 screens on the UFO, MT4 is in 6 of them with AU,UC,GU,UJ,EU,EJ in each, then for all the other pairs I just pull them up one at a time and flip through...
I can't wait till you open up the lesson on swing trade.

I too like to trade longer term setup because I can't be around the computer all day. 10% a week is 520% a year and that's huge profit!!
  • #2,308
  • Jan 22, 2014 6:33am Jan 22, 2014 6:33am
by the way, I think we have a long set up here on m15 for USD/CAD

BB squeeze
green sto bullish divergence with black sto (today's lesson)
ADX is organized.
delayed sto is leading RSIOMA up

I'm long 1.0965 stops under today's low.

BOC rate decision in half an hour should be a catalyst.
  • #2,309
  • Jan 22, 2014 7:08am Jan 22, 2014 7:08am
ok up 60pips now, I'll move stop and lock in 20 pips.

But from the look at m15 adx it may have quite some more to go. Will look for peak adx on m15 to take profit.
  • #2,310
  • Jan 22, 2014 8:20am Jan 22, 2014 8:20am
Mr FXkhabab ,can ask You how you choose the exit points ? Thanks a lot
  • #2,311
  • Jan 22, 2014 9:05am Jan 22, 2014 9:05am
Hello Alien, Thanks for sharing the great systems. I am learning & learning. due to my poor English i couldn't express my views. i developed some indi regarding your systems, which scan trade-able pairs. if you permit i can share them. sorry for my bad English.
Thank you again.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,312
  • Jan 22, 2014 9:10am Jan 22, 2014 9:10am
Quoting ntrr
by the way, I think we have a long set up here on m15 for USD/CAD BB squeeze green sto bullish divergence with black sto (today's lesson) ADX is organized. delayed sto is leading RSIOMA up I'm long 1.0965 stops under today's low. BOC rate decision in half an hour should be a catalyst.

Good call
Per aspera ad astra
  • #2,313
  • Edited 9:46am Jan 22, 2014 9:16am | Edited 9:46am
don't hesitate to erase that forexalien, but that's not even really to show that your strategy works on renko of course but to show this big movement,
hope you have caught it ! ( personally miss it because my computer didn't support the rise pfff ( and nice freeze of fxcm at 15H06...)

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  • #2,314
  • Jan 22, 2014 9:31am Jan 22, 2014 9:31am
Hi Alieno

Great system good tips !

I did my first pips

USD JPY +21
EUR AUD +45
AUD JPY +46
EUR USD +14

Hug

Salgueiro
::: Grao a Grao ... :::
  • #2,315
  • Jan 22, 2014 9:56am Jan 22, 2014 9:56am
Quote
Welcome Carlton, ..
Work space is 8 screens on the UFO, MT4 is in 6 of them with AU,UC,GU,UJ,EU,EJ in each, then for all the other pairs I just pull them up one at a time and flip through the periods.

Thanks for reply Mr. Alien. I was looking for scalps with 5 screens, but had difficulties following everything. Maybe when I get confortable with the system it goes better.

Happy trading,

C
  • #2,316
  • Jan 22, 2014 9:58am Jan 22, 2014 9:58am
I've made more then 100 pips already with this pair Thanks Alien

Could be next set up....

GBPUSD 15 m waiting for it.....
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Journey is more important than destination
  • #2,317
  • Jan 22, 2014 10:22am Jan 22, 2014 10:22am
Quoting forexalien
{quote} That's looking good , make sure the green sto crosses the 50 line a candle or 2..............
Daily stocs and RSIOMA, DS were in buy zone...
H4 RSIOMA , DS and Stocs were in buy zone....


I've entered long .... after waiting green stoc cross 50 level after 2 candles...
RSIOMA was above 80.....
DS crossed up and was above 50...
ADX was expending.....

Alien could you please review this trade for me? what was my mistake here , or what I couldn't see.....
it would be one of the great lessons here.
Really appreciate your comment sensei.
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Journey is more important than destination
  • #2,318
  • Jan 22, 2014 10:47am Jan 22, 2014 10:47am
Quoting Salgueiro
Hi Alieno Great system good tips ! I did my first pips USD JPY +21 EUR AUD +45 AUD JPY +46 EUR USD +14 Hug Salgueiro
Congrats!!!

If you keep learning and stay discipline you can make 300pips a day easily

We can't thank him enough for His non human System!
Journey is more important than destination
  • #2,319
  • Jan 22, 2014 11:07am Jan 22, 2014 11:07am
Quoting forexalien
{quote} This pair on the daily is not trending - pretty flat...... 8 hrs ago when you posted on the H1 chart I did not see any adx expansion and the price action was mixed and flat for 4 -5 hours Wait for that green sto to cross the 50% completely. Short term did you make any pips ? , that was a tough one to find pips on.................

Forexalien, yes made a handful of pips, 6 or 7, got out when price came back in my favor for a bit. I made a nice trade on the GBP/JPY last night though and took 47 pips. Still only had one loss and it was very very small. Love it!!
PIP'N
  • #2,320
  • Jan 22, 2014 11:17am Jan 22, 2014 11:17am
Quoting traderbola
{quote} Daily stocs and RSIOMA, DS were in buy zone... H4 RSIOMA , DS and Stocs were in buy zone.... I've entered long .... after waiting green stoc cross 50 level after 2 candles... RSIOMA was above 80..... DS crossed up and was above 50... ADX was expending..... Alien could you please review this trade for me? what was my mistake here , or what I couldn't see..... it would be one of the great lessons here. Really appreciate your comment sensei. {image}

H1 : i believe your ADX's weren't in line. the 3 fast adx were rising indeed, but those are too often a fakeout.
M15 : same story, no ADX alignment powering the move and green sto is heading down and just left the 80-zone
M5 : ADX looks better here, but the RSIOMA line looks ugly and wobbly, i like it better when it's going in a neat straight line.

that's what i read into it anyway, hope it helps.

edit : forgot to add the round number it's hovering around. not important in alien economic theory perhaps, but i feel it could be responsible for at least delaying the upmove
The game taught me the game. And it didn't spare me the rod while teaching.
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