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Alien's Extraterrestrial Visual Systems

  • #4,581
  • Feb 16, 2014 8:28pm Feb 16, 2014 8:28pm
Quoting ptla
{quote} Sorry should read EUR/USD.
Have a beer on me !
Live today like theres no tomorrow-- Prioritize like you will die today
  • #4,582
  • Edited 1:04am Feb 17, 2014 12:50am | Edited 1:04am
Quoting forexalien
Hello Thread Followers, To improve your mental trader's discipline, get your I-pod out and load up all these 219 Episodes so far, and listen to the Traders Podcast, 80% of these Pod Casts are by Rob Booker. Other 20% are guests that we all know on Television and the internet................ There is a Lot of Valuable Information in these Pod Casts, another Journey to becoming a Master Trader........................ This Info is Free and Excellent for traders to be........... http://traderspodcast.com/episode1/ This Info is Free and Excellent...
Hi Alien, hi everyone,

Sorry for going way back on this post of yours Alien. I just finished catching up with the whole thread. I discovered this thread at its begining (25 pages). I thought it looked interesting and that I would come back to it later. Well 20 days later, the thread was showing more than 2000 posts and 100 pages. It has been a marathon to catch up, stay posted on the last posts, trade, and learn your methode in the same time (of course without mentioning family life and kids...).

Well now I got all the infomation I can give you again a big thanks, I learnt really a lot with your methode. Now, just need to practice.

I wanted to react to your post about the trader's podcast since nobody did.

I have been listening to pretty much all the episodes of the trader's podcast so far. I am not convinced of how a great trader Rob Booker is (I have been attending several webinars where he was presenting different systems, never got a grip on them and the back tests did not convinced me). But I think that his humanity, experience and advices are really worth the journey. There is there really a lot of valuable ressources and information, and you can get really (re)inspired after each and every episode.

Rob is presenting trading as maybe it should be: it is not the system that makes the trader successful, it is the trader, and especially his/her mindset and understanding.

His big thing is that trading is part of a spiritual journey: to be a better trader, you have to be a better human (don't know if this applies to Aliens).

Leastening to this podcast has also inspired me in other areas of my life not related to trading.

Also, being a retail trader is a very lonely profession, and I guess that is why we are all here. So listening to the podcast will kind of give you some colleagues you can listen the speeches of during lunch break, with topics sometimes not directly about trading, but that would interest traders, such as "how to deal with your spouse as a trader", or "sex and trading".

I personally recommend listening to the podcast. Here also, marathon to catch up if you start now. They produce 2 episodes per week if I am not wrong.

Wish you all a good trading week,

Blessings to all,

C
  • #4,583
  • Edited 4:49am Feb 17, 2014 12:57am | Edited 4:49am
Dear Alien,

I am not sure it has been illustrated so much before, and apologize if it has been and I did not cought it.

But to be completely clear about it, could you show us some visual examples of what you call "lower TF's failing" to carry higher TF's further?

Thanks in advance,

C
  • #4,584
  • Feb 17, 2014 2:15am Feb 17, 2014 2:15am
Quoting stormtrader
looking at the heavy time frames i d say we re way from going down just yet...but then i m still learning. I d say that we might just be going for even higher targets. Some weekly fibos showed me 177.50 next 1.27 target and 1.616 is at 190.00 i am really curious to see this developing. we need some extraterrestrial help on this.... Have a great week everyone with lots of green pips {image}


300 pips and counting...we ve got a whole lot more

long live our own Alien
  • #4,585
  • Feb 17, 2014 2:27am Feb 17, 2014 2:27am
Quoting stormtrader
{quote} 300 pips and counting...we ve got a whole lot more long live our own Alien
May be today it's going to hit 171.7 if it's going to break then we ride it to 174
Journey is more important than destination
  • #4,586
  • Feb 17, 2014 2:28am Feb 17, 2014 2:28am
Took a quick 20 pips on UJ breakout from BB squeeze. Used Alien's tip of marking lines. !!

Looking through the timeframes, this looks like a turn, and this was wave 1? Looking for wave 2 down, and then will take ride on wave 3 up.

EDIT: Looking closer at H4, this may be bottom of wave 2, and beginnings of wave 3 already. Would love to hear more experienced comments.
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Follow the money --Mark Felt (Deepthroat)
  • #4,587
  • Feb 17, 2014 3:46am Feb 17, 2014 3:46am
Quoting longfellow
Took a quick 20 pips on UJ breakout from BB squeeze. Used Alien's tip of marking lines. !! Looking through the timeframes, this looks like a turn, and this was wave 1? Looking for wave 2 down, and then will take ride on wave 3 up. EDIT: Looking closer at H4, this may be bottom of wave 2, and beginnings of wave 3 already. Would love to hear more experienced comments. {image}
Agree. Lower TF drive hiher TF. On H1 though green Stochastic and RSIOMA have to overcome 50 line for a better trade.
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Per aspera ad astra
  • #4,588
  • Feb 17, 2014 4:04am Feb 17, 2014 4:04am
Quoting yaysayer
{quote} If the 6 pips is the average win of the profitable traders I'd be baffled. That would indicate enormous winrates of 75% if they put the stop at a mere 20 pips, and that's hardly breaking even. My guess is the stat is the average winning trade of all traders. A profitable trader would make a lot more pips than 6 on his winners, and have the stopstrategy to go with it. The 'losing' trader is the one with too large stops, and too small profit. Since the gospel goes that 95% of traders lose money, i suspect that the 5% winning traders just aren't...

I thought you guys are successful with Alien system...

matt
  • #4,589
  • Feb 17, 2014 4:07am Feb 17, 2014 4:07am
Quoting letterB
{quote} I thought you guys are successful with Alien system... matt
If you had bothered to read that entire conversation, you would realise the statistics discussed are about ALL retail traders, not about alien system traders.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #4,590
  • Feb 17, 2014 4:31am Feb 17, 2014 4:31am
AUDUSD

What i see!

Mn is short;
W1 is short Adx 7,21,42 is resting now, maybe will probably be at the end of the counter trend;
D1 is long but it seems to have found the top of the trend. All Adx without strengh, maybe if H4 push the trade goes backdown to the large trend, D1 will be short in a large trend again;
H4 is topping and will be expect the trend go back down sooner. The green stoch is going down close to the 50 area, the rsioma is next 80 level but it will go downward if DS turns back down;
H1 is short The green stoch and Rsioma already go in south direction;
M15 is short ( No adx power yet ) but blue stoch is falling down under 50 and Rsioma is below 20 level now.

M15 begins to be aligned with H1,H4 so i'll wait for the momentum, to be confirmed by risoma and green stoch in lower TF


Patience is what you must have from now
::: Grao a Grao ... :::
  • #4,591
  • Feb 17, 2014 4:35am Feb 17, 2014 4:35am
Quoting yaysayer
{quote} If you had bothered to read that entire conversation, you would realise the statistics discussed are about ALL retail traders, not about alien system traders.
I did bother to read the whole thing, but I am more interesting to read about Alien's statistics : )
  • #4,592
  • Feb 17, 2014 4:56am Feb 17, 2014 4:56am
Quoting yaysayer
{quote} If the 6 pips is the average win of the profitable traders I'd be baffled. That would indicate enormous winrates of 75% if they put the stop at a mere 20 pips, and that's hardly breaking even. My guess is the stat is the average winning trade of all traders. A profitable trader would make a lot more pips than 6 on his winners, and have the stopstrategy to go with it. The 'losing' trader is the one with too large stops, and too small profit. Since the gospel goes that 95% of traders lose money, i suspect that the 5% winning traders just aren't...
Wouldnt one think that in part its only 6 pips average because of quick partial profit taking?
  • #4,593
  • Feb 17, 2014 5:22am Feb 17, 2014 5:22am
Quoting Salgueiro
AUDUSD What i see! Mn is short; W1 is short Adx 7,21,42 is resting now, maybe will probably be at the end of the counter trend; D1 is long but it seems to have found the top of the trend. All Adx without strengh, maybe if H4 push the trade goes backdown to the large trend, D1 will be short in a large trend again; H4 is topping and will be expect the trend go back down sooner. The green stoch is going down close to the 50 area, the rsioma is next 80 level but it will go downward if DS turns back down; H1 is short The green stoch and Rsioma already...
Hi Salgueiro

yeah I'm waiting that one too. Perhaps we test 91 first then go down 86 again ?
Journey is more important than destination
  • #4,594
  • Feb 17, 2014 5:58am Feb 17, 2014 5:58am
Alien what can you do to bring some momentum to the markets ?? Im sure as an Alien you have some technology,lol. Markets sucks today, no momentum. Im sitting on my hands.
  • #4,595
  • Feb 17, 2014 6:56am Feb 17, 2014 6:56am
Took a good Gold trad today that I saw from the D1 yesterday.... That has given me confidence!!

Thanks Alien
  • #4,596
  • Feb 17, 2014 7:25am Feb 17, 2014 7:25am
Today is bank holiday in USA
Quoting tinygiant
Alien what can you do to bring some momentum to the markets ?? Im sure as an Alien you have some technology,lol. Markets sucks today, no momentum. Im sitting on my hands.
Per aspera ad astra
  • #4,597
  • Feb 17, 2014 7:33am Feb 17, 2014 7:33am
Hi all,

just took a trade on gold .saw divergence on 15 min and DDS on 5min and on 30 min.The ADX's were constructing.could not sit on my hands any longer and took the trade before it expanded(hope it does not come back to bit me.lol ). what are your views?
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  • #4,598
  • Feb 17, 2014 7:42am Feb 17, 2014 7:42am
Hi All,

Last weekend my MT4 platforms got the update to the newest build of MT4.

I've got everything working again, only the ADX dashboard doesn't work always. (Will look into that deeper.)

But because of the forced update and the fact that the mq4 language changed a lot, i tried to create the same setup on Marketscope (fxcm).
I just need one indicator to move to Marketscope. It is the Delayed (or DODA) stochastics.
Does anyone know what the formula is of the Delayed Stochastics? Or can describe where it is based on?

Thanks in advance.
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  • #4,599
  • Feb 17, 2014 7:45am Feb 17, 2014 7:45am
Quoting traderbola
{quote} Indeed bro. first we target 146 then down to 120
EJ

Not sure it will go that high , but daily suggest longer.......after it's rest..........
The More You Learn, The More You Earn.....
  • #4,600
  • Feb 17, 2014 7:47am Feb 17, 2014 7:47am
Quoting tinygiant
Good Morning Alien and others, i woke up this morning and open my trading platform was greeted by some non functioning charts. Contacted my broker they told me today is Saturday. I cant believe i miss a day. Where did Friday go again?? Is This a staring at charts all week effect?? Anyways my trading platform is congratulating me on uploading the new version although i didnt upload anything, Now my platform is acting weird by changing the colour of candles. It did went on to say everything should function normal if not the files can be found in MQL4...
Alien do you hold overnight and weekend positions ??

Yes I do, swing trade positions..............
The More You Learn, The More You Earn.....
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