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Alien's Extraterrestrial Visual Systems

  • #4,601
  • Feb 17, 2014 7:49am Feb 17, 2014 7:49am
Quoting traderbola
{quote} EWP could be like this according to Alien's System EJ daily Green stochastics can be seen as waves IMO.... {image}
Are you marking "AREA 51" on your chart in the lower right ?
The More You Learn, The More You Earn.....
  • #4,602
  • Feb 17, 2014 7:50am Feb 17, 2014 7:50am
Quoting peterwest
{quote} Ej H4 also setting up nicely with bbs. A very minor ds divergence is visible but 3xsto currently around 50. I expect a break of bbs to the upside late monday or on tuesday. Please comment because i am not yet as confident as i would like to be. What do i want to see for entry confirmation?
Monday may be a poor day for trading as there is no news and a holiday in the States................
The More You Learn, The More You Earn.....
  • #4,603
  • Feb 17, 2014 7:53am Feb 17, 2014 7:53am
Quoting peterwest
Here a shot of EJ H4. Here is what I see. 3xSto found a bottom around the 4th of february Daily trend channel pointing up BBS with ADXs compressing Possible DS divergence long 3xSto around 50 level, showing uncertainty 21.10.10 Sto divergence and RSIOMA divergence showing short though I'd say the break will probably happen to the upside, but I'm worried about that divergence on 21Sto and Rsioma. Please comment on my analysis! {image}
EJ H4 - wait it out there is a weak DS forming on it....................to the up side...........
The More You Learn, The More You Earn.....
  • #4,604
  • Feb 17, 2014 7:55am Feb 17, 2014 7:55am
Quoting traderbola
{quote} Yeah we have to watch and wait further development of the price action and the system indicators..... Basically what I am expecting is we go up 144 this coming week or so. then May be this could happen.... {image}
A Pretty Pink Bow Tie you have there.................traderbola
The More You Learn, The More You Earn.....
  • #4,605
  • Feb 17, 2014 7:55am Feb 17, 2014 7:55am
Quoting msiamd
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. {image}
i have tried to research the very same thing. With zero succes so far to be honest. Google, investopedia and stockcharts.com haven't produced any result. If you find anything, let us know please
The game taught me the game. And it didn't spare me the rod while teaching.
  • #4,606
  • Feb 17, 2014 7:58am Feb 17, 2014 7:58am
Quoting peterwest
{quote} I have attached a modified version of your image. It is a bigger divergence I am worried about. It is not standard alien divergence (above 80 or below 20), but it is still something to take into consideration. Do others think possible break long as well? {image}
Everything is weak in this chart, don't enter any trades yet.

TIP: During a time of ranging, the indi's change back and forth as time goes on, then the alignment occurs and it rockets out the chosen side, so don't enter early.........
The More You Learn, The More You Earn.....
  • #4,607
  • Feb 17, 2014 8:03am Feb 17, 2014 8:03am
Quoting Salgueiro
{quote} What's the currency in this chart Alien? you mean the longer trend is short?
.
Attached Image (click to enlarge)
Click to Enlarge Name: UC.JPG Size: 45 KB
The More You Learn, The More You Earn.....
  • #4,608
  • Feb 17, 2014 8:09am Feb 17, 2014 8:09am
Quoting rglenn
What I have noticed with a majority of trades is that they reverse a little before going in the expected direction. We need to use this to our advantage especially if you are going for a small amount of pips each time. My personal strategy is developing nicely ,,,,I will use it full time later this year if I am made redundant
20 to 60 pips on the M5 / M15 would be best...............
The More You Learn, The More You Earn.....
  • #4,609
  • Feb 17, 2014 8:13am Feb 17, 2014 8:13am
Quoting jeffmichaels
{quote} You're welcome dude. I put up the trade explorer for everyone to see mainly for myself, i have a tendancy to overtrade and the idea that my dumb*&* trades are shared sorta helps cutting down on them. I'm trying to trade this demo account as i would a real 10k account rather than how i traded many minor account into the ground because well .... who has the patience to trade a 100 $ account into 250k in 2 years doing 10% a week for 2 years. Which would be possible at the rate I'm doing, but ... past results yadiyadiyaa and then cost of living,...
You are learning my Son,

And posting live, makes you a better trader sooner, you learn from your mistakes faster this way, and don't repeat them as often..............
The More You Learn, The More You Earn.....
  • #4,610
  • Feb 17, 2014 8:15am Feb 17, 2014 8:15am
Quoting marcof91
I can not do that because i don't have time. I have a full time job from 9am until 6.30pm. I'm practicing on a demo account but without success because I want to start with little money but trading at higher timeframes. it is possible but difficult. Once i get the hang of it (slow and steady) I'm ready to go live account.
Hang in there, never give up.............!
The More You Learn, The More You Earn.....
  • #4,611
  • Feb 17, 2014 8:15am Feb 17, 2014 8:15am
Nice Master Coder.................FerruFx
Attached Image
The More You Learn, The More You Earn.....
  • #4,612
  • Feb 17, 2014 8:35am Feb 17, 2014 8:35am
Quoting forexalien
Nice Master Coder.................FerruFx {image}
Thank you.

How did you recognized me ? I was incognito with my sun glasses !!!
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,613
  • Feb 17, 2014 8:59am Feb 17, 2014 8:59am
Quoting rglenn
I still think the best way to profit from this system is to go for smaller wins and concentrate on less pairs. Looking at the Oanda statistics the people who are making money are only taking 6 to 14 pips profit on each trade......Maybe these stats are telling us all something to ponder over!

George Smith of Forex Trading Made EZ uses Oanda. He determines the direction that he thinks the market might go using his indicators. If it looks like it is likely to go up, he often places a series of buy stops above the current price, 3-5 pips apart. Each one has a stop loss of 12 pips and a goal of about 6 pips. If the trades go against him he will exit well before 12 pips. If the trades go well he will often combine the stop loss lines and keep moving them manually a few pips behind the price. He says he makes 5% a day....
  • #4,614
  • Feb 17, 2014 10:00am Feb 17, 2014 10:00am
Quoting Carlton
{quote} 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...
Yes Carlton,

Rob is a strange man with a lot of interesting information, they normally start out with an unrelated story and then apply it to trading later in the pod cast.

And you are correct , the info they give you can better your life as a person and you can use it at your daily work place and with family.......

Some pod casts are so so and then you get the few that hit the nail on the head with some Ah Ha moments.

Take it for what you can get out of them, but Alien likes to listen to them all.......................
The More You Learn, The More You Earn.....
  • #4,615
  • Feb 17, 2014 10:21am Feb 17, 2014 10:21am
Oh would you believe it...I was trying not to update to this useless Build 600 and now it has updated and my charts have gone crazy.

This new build is so crappy...why can't they allow users to test it first before they force us to use it....back to the drawing board again! This always seems to happen to me when I am making progress
With God its impossible to lose
  • #4,616
  • Feb 17, 2014 10:32am Feb 17, 2014 10:32am
Quoting Carlton
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
Hello Carlton,

I will try and get into some more detailed trading , and maybe I can come up with a more simplified way of doing in the future.

This is GU today and I am leaving of the PA as to not take away from the indi's.

H4 is long on GU still

H1 is short with no ADX power.........the "M" stands for "mixed"

M15 is searching foe a bottom on the Stochastics and the RSIoma

M5 is coming back down with the M1 confirming that with the strong ADX expanding

Is this kinda what you are looking for ? I use the RSIoma and the stochastics to help me find tops, and bottoms.

So from the H1 down to the M1 we have a short, the H4 blast 8,3,3 sto has a leg down and after the H1 finds the bottom, that H4 8,33, leg down will then go long again...........But the H4 is on the back side for further downward action if the moment does not pick back up...............
Attached Image (click to enlarge)
Click to Enlarge Name: failing lower TFs GU.JPG Size: 335 KB
The More You Learn, The More You Earn.....
  • #4,617
  • Feb 17, 2014 10:35am Feb 17, 2014 10:35am
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}
And that's is how you would look at the RSIoma making a turn on multiple TF's..............Good !
The More You Learn, The More You Earn.....
  • #4,618
  • Feb 17, 2014 10:40am Feb 17, 2014 10:40am
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...
The weekly is short because of the RSIoma being below the 50 line, But sto and RSioma divergence is showing for the AUD to turn long................
Attached Image (click to enlarge)
Click to Enlarge Name: AU weekly rsi short but turning long divergence.JPG Size: 238 KB
The More You Learn, The More You Earn.....
  • #4,619
  • Feb 17, 2014 10:44am Feb 17, 2014 10:44am
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...
Yes , you have to wait for the other lower "H4 and lower" TF's to align before grabbing a AUDUSD long again, Looks like a pull back on the H4 is due, but price is holding for now on the H1
The More You Learn, The More You Earn.....
  • #4,620
  • Edited 12:04pm Feb 17, 2014 10:56am | Edited 12:04pm
Quoting letterB
{quote} I did bother to read the whole thing, but I am more interesting to read about Alien's statistics : )
Last month was 77% increase which was already posted .

pips per trade went like this : 16, 134, 35, -17, 36, 24, 5, 20, 0, 22, 1, 5, 3, 4, 10, 6, 10, 65, 20, 20, -31, 25, 39, 25, 38, 25, 60, 5, 30, 10, 14, 0, 8, 9, 4, 20, 8, -20, 0, 40................

You can only get what the market has to offer, some days are flat as you can see with the 1, 5, 3, 4, pips , other days rock with big trends 134, 65, 60.

Alien scalps and swing trades.............

The negative pips came from ......You guessed it ! Over Trading, and after making a pile of pips, trying to get a few more from a trade, that I already Harvested a pile of pips from........
The More You Learn, The More You Earn.....
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