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Alien's Extraterrestrial Visual Systems

  • #4,641
  • Feb 17, 2014 6:43pm Feb 17, 2014 6:43pm
Cadjpy => up

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  • #4,642
  • Feb 17, 2014 7:06pm Feb 17, 2014 7:06pm
First of all, I would like to thank ForexAlien for creating this wonderful thread and sharing his system with us. Secondly, I would like to thank him for confirming my belief of extraterrestrial life outside our planet.

I've spent the past two weeks reading through this thread and testing out the system. The results I've had so far are wonderful. I feel a lot more confident entering trades knowing I have a multitude of things to watch for which will confirm a trend. The visual component of the system is fantastic as I am now able to scroll through charts faster than ever and see if there are any trades brewing. The waves within waves I'm struggling with a bit, but I'm not sure if that's because I don't quite grasp it or if the past week has been a bit brutal to trade.

I have tons of questions to ask but I'll save that for when I have good examples to show. Until then, thanks to everyone involved with the glorious thread.
The pips are out there
  • #4,643
  • Feb 17, 2014 7:57pm Feb 17, 2014 7:57pm
Quoting Fox Mulder
First of all, I would like to thank ForexAlien for creating this wonderful thread and sharing his system with us. Secondly, I would like to thank him for confirming my belief of extraterrestrial life outside our planet. I've spent the past two weeks reading through this thread and testing out the system. The results I've had so far are wonderful. I feel a lot more confident entering trades knowing I have a multitude of things to watch for which will confirm a trend. The visual component of the system is fantastic as I am now able to scroll through...
Welcome Fox Mulder,

I will work on the waves within waves for you, and try to simplify it for everyone..................
The More You Learn, The More You Earn.....
  • #4,644
  • Feb 17, 2014 10:02pm Feb 17, 2014 10:02pm
is anyone looking at NZDJPY... it looks like nice setup on H4
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Maintain a positive attitude no matter how much you lose!
  • #4,645
  • Feb 18, 2014 12:27am Feb 18, 2014 12:27am
  •  Ravelt
  • | Joined Feb 2013 | Status: The Closer You Look The Less You Se | 194 Posts
Quoting forexalien
{quote} I should get some time in the next few days, I will be in and out this week. TIP: this is another safe set up to look for , let the M15 and M5 ADX start expanding and look on the M1 for the next ADX expansion , I labeled them 1 and 2, then the adx will rest and then when you see the 2nd expansion on the M1 enter on the wave 3, M1 and see how far it will take you, get into profit and then place SL with profit under this area...........Do this during a session, you will have better results, but see what you can get away with, this works for...
Like this ?
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  • #4,646
  • Edited 2:31am Feb 18, 2014 12:48am | Edited 2:31am
Hi Guys,

As said before, I have been following Alien's posts in the other thread called Euro Yen Institue for one year long. And I have witnessed Alien projected the markets many many times, more than any other master traders in that thread. This system is one of the best systems in FF. And Alien is one of the best traders.

But here is my problem, even with this greatest system, I did not make a lot of pips but only a few. Alien can double his accounts in 3 1/2 weeks or make 77% in one month, but I only earned 5% in two weeks with inenough confidence in my trades.

I can only catch some basic setups, like all time frames are aligned or RISOMA&DS separation setup.
But when multitive time frames are mixed, I don't know how to trade; I think the biggest problem for me is I don't know how to judge whether it is bottomed or topped for each time frame.

Alien said RISoma&DS can be used to pick NEAR top and bottom for each time frame; and combined RSIoma&DS with multive stochastics we can find EXTREME top and bottom for each time frame. I did not know how to do this yet.

Alien, would you be so kind to talk more about finding top and bottom?
  • #4,647
  • Feb 18, 2014 12:53am Feb 18, 2014 12:53am
My thoughts exactly ShepherdL
  • #4,648
  • Feb 18, 2014 1:10am Feb 18, 2014 1:10am
Quoting ShepherdL
... but I only earned 5% in two weeks ...
Remind me how much you earn per year at your bank ?

I would be gratefull to earn 5% per 2 weeks ... consistently for a year
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,649
  • Feb 18, 2014 1:35am Feb 18, 2014 1:35am
I have been reading the whole thread for the second time. And I have summaried some of Alien's posts and printed them out so that I can read them when I am on train to home.

Post 3296
http://www.forexfactory.com/showthre...41#post7253841

In January, Alien Banked 1420 pips for the month on just one of my accounts, with only a total of 50 hours, in front of the computer, trading only Alien's systems. That is a Total of 28 pips per hour in front of the screen. This does include swing trading, where I do not need to be present.

I am just trying to give you the results, that Alien's Systems can bring when learned properly..............no horn blowing here, just something you can substantiate the results of those systems.......

Alien, I want my 1000 pips with so little time in front of the screen.
Are most of thoes 1420pips gained by swing trading? If yes, I can't wait to read more about SWING TRADING...

Thanks...
  • #4,650
  • Feb 18, 2014 1:59am Feb 18, 2014 1:59am
Hi Master Alien Could I ask you to give us a few examples of when you know that a currency has bottomed/topped out.

Last night I thought the EJ had bottomed out and I went to bed confident that it had. When I woke up I was about to celebrate when I realised that it had gone against my position and took out my stop before going 100pip plus in the expected direction...what a bummer!

Thanks in advance
With God its impossible to lose
  • #4,651
  • Feb 18, 2014 2:25am Feb 18, 2014 2:25am
Quoting FerruFx
{quote} Remind me how much you earn per year at your bank ? I would be gratefull to earn 5% per 2 weeks ... consistently for a year
That's ture, if we can consistently make 2.5% per week, we can triplicate our account in one year. Sounds not bad.
But still far far far way from Alien...
  • #4,652
  • Feb 18, 2014 2:28am Feb 18, 2014 2:28am
Quoting ShepherdL
{quote} Sounds not bad. But still far far far way from Alien...
Take what the market gives you with your own trading ... without looking at other stats
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,653
  • Feb 18, 2014 2:40am Feb 18, 2014 2:40am
Quoting ShepherdL
{quote} That's ture, if we can consistently make 2.5% per week, we can triplicate our account in one year. Sounds not bad. But still far far far way from Alien...
how many years you already spend in FX mate?
  • #4,654
  • Feb 18, 2014 2:42am Feb 18, 2014 2:42am
Acutally, I was wondering how much people gained with this method so that we have an idea how good people master this greatest method...
Maybe we can share our return rate since we used this method.
If the return is not good, the problem is us, not the system.
We can read again and again, have a better understanding and come up with more questions to improve.
  • #4,655
  • Feb 18, 2014 2:54am Feb 18, 2014 2:54am
Quoting jpadvisor
{quote} Agree. Lower TF drive hiher TF. On H1 though green Stochastic and RSIOMA have to overcome 50 line for a better trade. {image}
UJ- Took this trade on wave 2 yesterday. Applying Alien's system and his last tip, I put SL and wait for wave 5 to close the deal.
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Per aspera ad astra
  • #4,656
  • Feb 18, 2014 3:31am Feb 18, 2014 3:31am
Quoting jpadvisor
{quote} UJ- Took this trade on wave 2 yesterday. Applying Alien's system and his last tip, I put SL and wait for wave 5 to close the deal. {image}
Weren't you worried about the JPY news? Thats the reason I closed my EJ for 40 pips:S
  • #4,657
  • Feb 18, 2014 3:33am Feb 18, 2014 3:33am
Why get caught up with the system and its results? LOL

It's a great system, but it's not the only component needed for successful trading...
Any two traders trading the same system will have different results based on their money management skills, and their trader psychology!!

Following the system is the simple part.. Alien's provided tons of TIPS and chart examples to get you started with making money..

But many people don't have trouble with following the system.. it's the individual's risk management and mindset that causes most of the problem...

Now, back to the system..
  • #4,658
  • Feb 18, 2014 4:06am Feb 18, 2014 4:06am
Quoting peterwest
{quote} Weren't you worried about the JPY news? Thats the reason I closed my EJ for 40 pips:S
I saw Nikkei climbing. All Alien's indicators were fine, so I kept the trade. Hope wave 5 come soon.
Per aspera ad astra
  • #4,659
  • Feb 18, 2014 6:26am Feb 18, 2014 6:26am
Quoting thomasz1
Cadjpy => up {image}
Strange Pair, but you did good.........
The More You Learn, The More You Earn.....
  • #4,660
  • Feb 18, 2014 6:30am Feb 18, 2014 6:30am
Quoting jbegic
is anyone looking at NZDJPY... it looks like nice setup on H4 {image}
month and week are long ,
daily is getting an ADX compression for it's next move............
DS trade on the H4 moving pretty flat right now, uncertain of breal out direction right now.......
H1 looks ugly, it needs direction............

Thanks for posting.......
The More You Learn, The More You Earn.....
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