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Alien's Extraterrestrial Visual Systems

  • #2,661
  • Jan 28, 2014 1:26am Jan 28, 2014 1:26am
Quoting jurn_e
{quote} U r welcome, i just add in what i learned from another thread. With Kumo, i can easily see and make decisions. Buy above the cloud and sell below the cloud. Usually in M1 entries, i will look at M5 kumo, M5 stochastic and M5 RSIoma. Combined with M1 ADX and M1 Kumo breakout, it will be a great trade which usually i take profit at TMA M15. If there is BB Squeeze like your example, it will be even better. My BB Squeeze settings in M1 is 1.6. Thanks.
Hi Jurn_e ...how many pips is it to each TMA line? Is it about 25 pips
With God its impossible to lose
  • #2,662
  • Jan 28, 2014 1:30am Jan 28, 2014 1:30am
Quoting rglenn
{quote} Hi FerruFX I noticed you only have 4 ADX power lines.....what happen to the 5th one!
5th one is the histogram?
Pivot Boss in the making~
  • #2,663
  • Jan 28, 2014 1:30am Jan 28, 2014 1:30am
Quoting rglenn
{quote} Hi FerruFX I noticed you only have 4 ADX power lines.....what happen to the 5th one!
The 5th is the Advanced histo. Same period (7) so there's no need to add it on chart. That's my choice of course.
MT4/MT5 EAs/Indicators/Alerts coder
  • #2,664
  • Jan 28, 2014 1:30am Jan 28, 2014 1:30am
Quoting jurn_e
{quote} 5th one is the histogram?
Yes
MT4/MT5 EAs/Indicators/Alerts coder
  • #2,665
  • Jan 28, 2014 1:35am Jan 28, 2014 1:35am
Quoting FerruFx
{quote} The 5th is the Advanced histo. Same period (7) so there's no need to add it on chart. That's my choice of course.
I see...you guys are very smart with these charts...you should know where the price is going to the pip....LOL!
With God its impossible to lose
  • #2,666
  • Jan 28, 2014 1:36am Jan 28, 2014 1:36am
Quoting FerruFx
{quote} Yes
Thought so. Thanks.
Pivot Boss in the making~
  • #2,667
  • Jan 28, 2014 1:39am Jan 28, 2014 1:39am
Quoting rglenn
{quote} I see...you guys are very smart with these charts...you should know where the price is going to the pip....LOL!
Credit goes to ForexAlien
MT4/MT5 EAs/Indicators/Alerts coder
  • #2,668
  • Jan 28, 2014 2:13am Jan 28, 2014 2:13am
Hello,

How are you using a higher TF Kumo Breakout, I tried with the indicator but not getting the hang of it. Thanks

Quoting jurn_e
{quote} U r welcome, i just add in what i learned from another thread. With Kumo, i can easily see and make decisions. Buy above the cloud and sell below the cloud. Usually in M1 entries, i will look at M5 kumo, M5 stochastic and M5 RSIoma. Combined with M1 ADX and M1 Kumo breakout, it will be a great trade which usually i take profit at TMA M15. If there is BB Squeeze like your example, it will be even better. My BB Squeeze settings in M1 is 1.6. Thanks.
  • #2,669
  • Jan 28, 2014 2:15am Jan 28, 2014 2:15am
Quoting imperative
Hello, How are you using a higher TF Kumo Breakout, I tried with the indicator but not getting the hang of it. Thanks {quote}
That's the MTF indicator on bottom of the chart.
MT4/MT5 EAs/Indicators/Alerts coder
  • #2,670
  • Jan 28, 2014 2:48am Jan 28, 2014 2:48am
A nice long setup on GBPUSD today. Should be good for around 50pips. Check the lower time frames for a good entry
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 84 KB
With God its impossible to lose
  • #2,671
  • Jan 28, 2014 3:35am Jan 28, 2014 3:35am
EJ +60pips

1st Long +32pips
2nd Long +28pips

This time i entered in M5.
M5 ADX Expansion, Stoch above 50, RSIOMA above 50, BB Squeeze breakout with confirmation from M1.
M1 ADX also in ADX Expansion mode, Stoch and RSIOMA above 50.

Price took sometime to rally as there was a Double Top at this price yesterday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2014-01-28_1720.png Size: 97 KB
Click to Enlarge Name: 2014-01-28_1725.png Size: 58 KB
Pivot Boss in the making~
  • #2,672
  • Jan 28, 2014 3:55am Jan 28, 2014 3:55am
Quoting rglenn
{quote} Hi Jurn_e ...how many pips is it to each TMA line? Is it about 25 pips
Hi,

I don't calculate the distance of price to the TMA lines. I just look at the chart and make sure there is some distance away from it.
Usually u can get 20pips if u entered in M1 and aim TMA M15.
If u entered in M1 but price started to range before going in your favor, you can get about 30pips when price reaches TMA M15.
If u always take profit on or near TMA M15, u may miss the big runs like last Friday.
I am still testing on different types of exits besides what Alien taught us.
But most importantly,i will lock some profits when i am up by +20pips.

cheers~
Pivot Boss in the making~
  • #2,673
  • Jan 28, 2014 4:02am Jan 28, 2014 4:02am
nice opportunity on EUR/TRY
from 1 M. to H4 TFs is short
here is 15 min.
Green stochastic crossed down two times. RSIOMA went down to 20, then
Attached Image (click to enlarge)
Click to Enlarge Name: eurtrym15.png Size: 50 KB
tried to climb to 50 but failed.
ADX are still all expanding
Per aspera ad astra
  • #2,674
  • Jan 28, 2014 4:18am Jan 28, 2014 4:18am
Quoting jurn_e
{quote} Hi, I don't calculate the distance of price to the TMA lines. I just look at the chart and make sure there is some distance away from it. Usually u can get 20pips if u entered in M1 and aim TMA M15. If u entered in M1 but price started to range before going in your favor, you can get about 30pips when price reaches TMA M15. If u always take profit on or near TMA M15, u may miss the big runs like last Friday. I am still testing on different types of exits besides what Alien taught us. But most importantly,i will lock some profits when i am...

Thanks for that Jurn_e....very interesting.. as I think taking lots of smaller profits is better than taking one big one.
With God its impossible to lose
  • #2,675
  • Jan 28, 2014 4:19am Jan 28, 2014 4:19am
Quoting rglenn
A nice long setup on GBPUSD today. Should be good for around 50pips. Check the lower time frames for a good entry {image}
Stopped out of this trade with a few pips. Didn't expect it to turn around short so quickly.
With God its impossible to lose
  • #2,676
  • Jan 28, 2014 4:22am Jan 28, 2014 4:22am
Quoting rglenn
{quote} Stopped out of this trade with a few pips. Didn't expect it to turn around short so quickly.
It was news driven!
  • #2,677
  • Jan 28, 2014 4:27am Jan 28, 2014 4:27am
Quoting Nihilist
{quote} I am not recommending any one. I wrote it- is a test case, don't take serous .
Hi Nihilist

ok can not be a recommendation and only a test but I think your reasoning is correct and I'll risk
::: Grao a Grao ... :::
  • #2,678
  • Jan 28, 2014 4:30am Jan 28, 2014 4:30am
Quoting rglenn
{quote} Thanks for that Jurn_e....very interesting.. as I think taking lots of smaller profits is better than taking one big one.
Yes, quite true. Today i took all profits at TMA M15 as there was also a TMA border in H1.
However, if u can let a part of your position to run into bigger profits it can also contribute to your account's equity.
Pivot Boss in the making~
  • #2,679
  • Jan 28, 2014 4:32am Jan 28, 2014 4:32am
Quoting Salgueiro
{quote} Hi Nihilist ok can not be a recommendation and only a test but I think your reasoning is correct and I'll risk



10 hours later and +101 pips

Nihilist,

your direction was accurate
::: Grao a Grao ... :::
  • #2,680
  • Jan 28, 2014 4:33am Jan 28, 2014 4:33am
Quoting Salgueiro
{quote} 10 hours later and +101 pips Nihilist, your direction was accurate

Thank you for taking the risk.
Every man who thinks ahead of his time is sure to be misunderstood.
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