Alien's Extraterrestrial Visual Systems

Quoting jpadvisor

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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{image}.

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Quoting forexalien

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{quote} During your trade , you need to analyze any changes in other TF's and time marches on. The market is at rest on a Sunday night and the H1 charts take time to set up for the next bigger move ..........Look for your BBS's , they are your friend for the start of a new trade. TIP : The smaller the TF you follow, the less pips you will get, If you follow the larger TF's and trade off of them (BBS's) with entries in the Lower TF's , this is where you catch the 600 - 1000 pip runs or trends.........Practice looking at the Monthly and Weekly and...

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Quoting peterwest

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AU M15 DS div. possibly setting up! H1 rsioma long above 80 M15 rsioma long above 80 with DS dropping and BBS M5 undecided with BBS Possible entry in about 30-60 minutes when M15 DS drops below 20. When this happens, we look at M5 for a break out of BBS with ADX expansion!

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Quoting jbegic

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{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}

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Quoting occamsrazors

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Like yaysayer said jbegic, the direction the RSIOMA and Green stochs point is important. The general rule is RISOMA below 50 is short and above 50 is long. But PA can also retrace like it has on the D1 for the fifth day now, on HTFs retraces can last a while. So when the RSIOMA is pointing up like this it's in retrace mode ie it's still to be considered short as the trend short could resume at any time (which you want to be ready for) and PA is just retracing part of its past move (and therefore any LTF longs may be relatively short lived). It's...

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Quoting forexalien

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{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...

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Quoting jbegic

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{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}

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Quoting Ravelt

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Try to long AU here let's see what will happen did i doing this right or no this time {image} {image}

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Quoting azmannan16

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{quote} maybe u should see on H4 to be carefully................

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Quoting Ravelt

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{quote} this is what i see. but M5 and M1 starting to pointing down, maybe it just a retracement or it's a reversal ? comment is welcome {image}

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Quoting forexalien

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{quote} And to answer your question.......... EJ H4 has a couple different counts on it at the moment................. I ignored the first drop, not knowing if it was a wave 1 drop............and marked it as such............... EJ H4 is topping and should retest lower either making new lows which would make it wave 5, or making new higher lows making it wave 1 to a new direction.......... {image}

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Quoting FerruFx

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{quote} Regardless the other TFs, your H4 chart is clearly long ... but with ADX losing little momentum.

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Quoting Ravelt

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{quote} yeah i still not see momentum on lower TF especially M1 and M5 it doesnt look so bull to me. {image}

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Quoting FerruFx

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{quote} Anyway I wouldn't look for entry before at least Frankfurt open.

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Quoting Ravelt

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{quote} why ? is asian session not good ?

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