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Alien's Extraterrestrial Visual Systems

  • #4,281
  • Feb 11, 2014 8:06am Feb 11, 2014 8:06am
Quoting Salgueiro
AudUSD Coming last Friday with a loss of 32 pips but the positive indicators AUD exceeded expectations and led to the recovery allowing a generous gain of 84 pips {image}
I ran out of time to post this last night.............

TIP:

AU M5 started to range and stay in a tight BBS, it waited for the green sto to go all the way down to the bottom to make sure price was going to stick before going higher.

AU M15 - Notice way the M5 was waiting in a long BBS, the M15 had to create it's own BBS squeeze first, before a break out could happen, so this would be where we sit on our hands during the M5 BBS instead of entering a trade.
We can see on the M15 the 8,3,3 bottomed and went long again, adx expansion, and a small DS reversed.................
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AU M5 BBS.JPG Size: 303 KB
Click to Enlarge Name: AU M15 BBS long.JPG Size: 302 KB
The More You Learn, The More You Earn.....
  • #4,282
  • Feb 11, 2014 8:10am Feb 11, 2014 8:10am
Quoting kaharris95
Soz, forgot screen shot {image}
Welcome kaharris95,
The More You Learn, The More You Earn.....
  • #4,283
  • Feb 11, 2014 8:13am Feb 11, 2014 8:13am
Quoting imperative
If we have a new entry in lower tf, after the higher tf has already given an exit signal ( adx 89,144 cross), should this trade in lower tf be taken ?
Hello imperative,

can you post your chart example ?
The More You Learn, The More You Earn.....
  • #4,284
  • Feb 11, 2014 8:15am Feb 11, 2014 8:15am
Quoting sanjar434
Thank you Alien for your comments about EU. Got nice trade on GU, +30. Red vertical line is my entry point. {image}
Great ! Keep Learning ...............
The More You Learn, The More You Earn.....
  • #4,285
  • Feb 11, 2014 8:18am Feb 11, 2014 8:18am
Quoting bibachan
Dear Mr Alien.. I want to ask from the chart that i circled ( 11 Feb 2014, 9.09 ) on TF M15 M5 and M1, am i missed something why the price go short? thanks {image}
Welcome bibachan,

You will have to read the thread more or again.

All indi's are pointing downward right now.....

There is nothing that points to a long trade here...........
Attached Image (click to enlarge)
Click to Enlarge Name: read more.JPG Size: 341 KB
The More You Learn, The More You Earn.....
  • #4,286
  • Feb 11, 2014 8:34am Feb 11, 2014 8:34am
Quoting forexalien
{quote} I ran out of time to post this last night............. TIP: AU M5 started to range and stay in a tight BBS, it waited for the green sto to go all the way down to the bottom to make sure price was going to stick before going higher. AU M15 - Notice way the M5 was waiting in a long BBS, the M15 had to create it's own BBS squeeze first, before a break out could happen, so this would be where we sit on our hands during the M5 BBS instead of entering a trade. We can see on the M15 the 8,3,3 bottomed and went long again, adx expansion, and a small...
Your M5 chart show a great example of the 21,10,10 and 100,10,10 playing the same game than the RSIOMA and DDs. Nice separation 21,10,10 going away while 100,10,10 staying above 80.
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,287
  • Feb 11, 2014 8:51am Feb 11, 2014 8:51am
Quoting forexalien
{quote} Hello imperative, can you post your chart example ?
Hello forexalien,

It turned out to be a trend reversal, higher tf's yet to confirm. I trade oil.
  • #4,288
  • Feb 11, 2014 9:00am Feb 11, 2014 9:00am
Quoting FerruFx
{quote} Your M5 chart show a great example of the 21,10,10 and 100,10,10 playing the same game than the RSIOMA and DDs. Nice separation 21,10,10 going away while 100,10,10 staying above 80.
Thanks for pointing that out to everyone FerruFx.............
The More You Learn, The More You Earn.....
  • #4,289
  • Feb 11, 2014 9:01am Feb 11, 2014 9:01am
EJ H4 has a nice spinning top , I think they are called, right now.............

Wait for the H1 8,3,3 to top out again and then short EJ again................
The More You Learn, The More You Earn.....
  • #4,290
  • Feb 11, 2014 9:10am Feb 11, 2014 9:10am
Hi all

would someone be able to do me a massive favour and code the RSIOMA light so that it can give out email alerts when the 50 line is crossed?

thanks very much in advance!

RT
  • #4,291
  • Feb 11, 2014 9:13am Feb 11, 2014 9:13am
Quoting forexalien
{quote} Thanks for pointing that out to everyone FerruFx.............
My pleasure
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,292
  • Feb 11, 2014 9:17am Feb 11, 2014 9:17am
I feel like im the only one losing a ton of pips. What am i doing wrong. Back to the drawing board. My ADX indicator lights is not working, poor excuse though.
  • #4,293
  • Feb 11, 2014 9:20am Feb 11, 2014 9:20am
Forexalien,

if you don't mind can you take us through your thought process for shorting EJ once the 8,3,3 tops out on the 1hr....?

Right now it looks like EJ is..
4hr = long
1hr = long
M15 = short
M5 = short

Is this an example of the trend changing on the lower TF's and bringing the higher TF's with it? A step by step analysis of what you are seeing might help make things clearer for me.

Thanks, I appreciate your time.
  • #4,294
  • Feb 11, 2014 9:42am Feb 11, 2014 9:42am
Quoting Goinpokin
Forexalien, if you don't mind can you take us through your thought process for shorting EJ once the 8,3,3 tops out on the 1hr....? Right now it looks like EJ is.. 4hr = long 1hr = long M15 = short M5 = short Is this an example of the trend changing on the lower TF's and bringing the higher TF's with it? A step by step analysis of what you are seeing might help make things clearer for me. Thanks, I appreciate your time.
I'll have a go, been watching EJ like a hawk all day for this turn short while scalping what I can.

H4 : stochs are long, but 110 is hovering around 50. From observation I think during retraces and during first leg on a turn, this stoch remains below 50ish. 8-stoch is showing a bearish divergence with lower highs on the stoch and higher highs on the price. ADX hasnt shown any power on H4 frame during the trip up, strengthening my belief this was a retrace move.
H1 : all stochs near the top is a sign of a reversal coming up, sign of the start of this reversal would be all 3 stochs pointing down. 8-stoch is building a tiny slingshot trade right now tho, hence the tip to wait for the 8 stoch to reach the top again before the big short. Once this happens, look for signs on M15 for a grade A short and jump in.

if the big trip down has started, you should see all 3 stochs on H1 turn down shortly after entry. in this case : YAY!
if the 3 stochs dont cooperate and form a new slingshot, we've been early to the party. in this case : look for the exit on M15 or M5, and still make a couple pips from the retrace.

on those turns, start with a small lot and stack in once proven right, it'll limit your loss when wrong.

That's how i read the turn, comments welcome.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #4,295
  • Feb 11, 2014 9:57am Feb 11, 2014 9:57am
great explanation Yaysayer! That makes sense and helps a lot. I appreciate your insight!
  • #4,296
  • Feb 11, 2014 10:04am Feb 11, 2014 10:04am
Quoting Goinpokin
great explanation Yaysayer! That makes sense and helps a lot. I appreciate your insight!
Let's first see what this rotten yen does lol been forced into little scalps waiting for that turn for 2 days now, hehe.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #4,297
  • Feb 11, 2014 11:14am Feb 11, 2014 11:14am
Quoting forexalien
EJ daily is long H4 is long but topping , the 8,3,3 has come down and pushed long a second time for now, without much higher price. H1 is near a top but Long M15 just turned long again M5 looks to be resting for now, could not break last high for now , I would sit on hands for now, this could be nearing a top and turning south............... {image}
Alien... you said daily on EURJPY is long??
I thought RSIOMA/ green stochastic under 50% is considered short or I misunderstood something along this thread.
Are you saying is long because RSIOMA and green stochastic are pointing up and 8.3.3 is way up there?
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.JPG Size: 408 KB
Maintain a positive attitude no matter how much you lose!
  • #4,298
  • Edited 12:39pm Feb 11, 2014 11:35am | Edited 12:39pm
Quoting jbegic
{quote} Alien... you said daily on EURJPY is long?? I thought RSIOMA/ green stochastic under 50% is considered short or I misunderstood something along this thread. Are you saying is long because RSIOMA and green stochastic are pointing up and 8.3.3 is way up there? {image}
I believe he means the direction all stochs + RSIOMA are pointing, which is just as important as the height. Grade A trades would require green/RSIOMA to be above 50 and pointing up, but on the first leg up green and 100-stoch will rarely be above 50 from what I've observed so far. Same for RSIOMA. For identifying those turns I believe you should use direction of the stochs and the RSIOMA signal line crossing over/under RSIOMA.

Keep in mind, I'm wildly inaccurate so far, but this is the theory as I understand it so far.

Turn : look for divergences/all stochs bottoming or topping (in more and more TFs from high to low as the turn comes closer)/ADX often turns down to a trickle here on the setup frames as well, but may delay your entry until 89 and 144 realize a new trend started. remember that as you drop down to your entry TF you want to see a 'real' trend in the ADX.

edit : EURJPY 1920GMT : bearish divergences now showing up all over the place. D : higher high on stoch, lower high on price. H4 : lower high on 8-stoch, HH on price; green stoch has HH compared to jan 23 and the high before that, price shows lower highs. H1 : most recent highs in 8-stoch are dropping, price rising. Nothing i can see in M15 yet, might be a couple more cycles.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #4,299
  • Feb 11, 2014 12:35pm Feb 11, 2014 12:35pm
DDS divergence on 5 min with BBS now.

Had wonderful experience of gaining 96 pips since last night using Alien's system.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 216 KB
  • #4,300
  • Feb 11, 2014 12:48pm Feb 11, 2014 12:48pm
EUR/TRY - took this trade on M5 (all other TF are alined). trade still going with TS.
green stoc. crossed 50 line south
all ADX expanding after compression
RSIOMA went down 50 line and still flattening under 20
Attached Image (click to enlarge)
Click to Enlarge Name: eurtrym5.png Size: 54 KB
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Per aspera ad astra
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