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  • #4,881
  • Feb 21, 2014 11:36am Feb 21, 2014 11:36am
Quoting mangkubumi
{quote} my short at 1.6675 already closed because SL at 1.6695........and now they reaching 1.6630. What a great market!!!!
Today I bet on short side watching the poor number of GBP retail sales. Also hiher TF are trending short. Anyway I reentered short on a pullback just now.
Per aspera ad astra
  • #4,882
  • Feb 21, 2014 11:47am Feb 21, 2014 11:47am
Quoting jpadvisor
{quote} Today I bet on short side watching the poor number of GBP retail sales. Also hiher TF are trending short. Anyway I reentered short on a pullback just now.
to bad, I'm not at my desk when price reach 1.67xx. Also leaving my short with SL (I rarely use SL). At least I get more experience

What the indication higher TF is short? I see TF above H4 long still...
  • #4,883
  • Feb 21, 2014 12:03pm Feb 21, 2014 12:03pm
i dont believe it! i left and i was 70 plus ...now out a BE???
Gee z some knee-jerk move we see
  • #4,884
  • Feb 21, 2014 12:27pm Feb 21, 2014 12:27pm
Quoting mangkubumi
{quote} to bad, I'm not at my desk when price reach 1.67xx. Also leaving my short with SL (I rarely use SL). At least I get more experience What the indication higher TF is short? I see TF above H4 long still...
Here is H4
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 123 KB
Per aspera ad astra
  • #4,885
  • Feb 21, 2014 12:36pm Feb 21, 2014 12:36pm
Quoting jpadvisor
{quote} Here is H4 {image}
I think if D1 can't closed below 1.6630 today...it's mean more upmove next week...because I see at H4 current down move just correction for next upmove. Time will tell
  • #4,886
  • Feb 21, 2014 5:14pm Feb 21, 2014 5:14pm
Hopefully everyone had a good friday. I made around 200 pips today thanks to this lovely system!

First up, EURAUD. Got in just before 8. The 4h and 1h were all up, the 15m had just broken a small BB squeeze and was over 50, with ADX expanding. The 5m was strong and long with ADX expanding telling me this one was likely to continue upwards. Took around 65 pips on this one.

Attached Image (click to enlarge)
Click to Enlarge Name: euraudm5 friday.png Size: 67 KB


I also got in on the EURNZD, which more or less had the same set up. The main difference was there was a much larger BB squeeze on the 15m. I got in on this one slightly earlier than EURAUD because the signals were more aesthetically pleasing. Got 60 pips here.

Attached Image (click to enlarge)
Click to Enlarge Name: eurnzdm5.png Size: 69 KB


I also had a gold trade going on that ultimately didn't take off. The 4h has a nice DS set up which should be good for a huge move sometime next week. The 1h was looking good, all indicators pointing long with ADX looking like it was ready to being expanding. The 15 minute also had everything long, with the ADX on the move. I saw a trendline forming and entered right at NY open. As you can see, it looked promising out of the gate but it didn't do much. After the purple stochastic hooking upwards the green stochastic failed to do anything, I took an exit for a modest 20 pips. Good thing because my trendline got smashed shortly after!

Attached Image (click to enlarge)
Click to Enlarge Name: xauusdm5.png Size: 75 KB


I also had a GBPJPY position, but I got in on that one based on more PA than the Alien System so I don't think this thread is the right place to post it. However, the system did confirm the move shortly after! 70 pips.

Now I have an ADX question for Mr. Alien which I don't think has been covered. How should one read the ADX rising yet being compressed together? I've seen it happen a few times. I'm always unsure of what to make of it. Here's a picture of the GBPJPY which shows 2 examples of it.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym15.png Size: 62 KB


Sorry if it's completely irrelevant. Thanks!
The pips are out there
  • #4,887
  • Feb 21, 2014 5:42pm Feb 21, 2014 5:42pm
Quoting Fox Mulder
Hopefully everyone had a good friday. I made around 200 pips today thanks to this lovely system! First up, EURAUD. Got in just before 8. The 4h and 1h were all up, the 15m had just broken a small BB squeeze and was over 50, with ADX expanding. The 5m was strong and long with ADX expanding telling me this one was likely to continue upwards. Took around 65 pips on this one. {image} I also got in on the EURNZD, which more or less had the same set up. The main difference was there was a much larger BB squeeze on the 15m. I got in on this one slightly...
Awesome job!!!! Thanks for sharing! It's always good to see success stories!!!
Be Patient....
  • #4,888
  • Feb 21, 2014 7:43pm Feb 21, 2014 7:43pm
Quoting traderbola
{quote} NO it's not late.... wa have way to g, at least 1.122 TP if break that level 1.14 .... so I don't think it's late...
Hi traderbola,

I saw the USD should not going up above 1.12 so i decided to risk short. The best reports that forecasts also valued the CAD.

sell entry at 1.11750

interim TP 1.10750

The trend must be stay short on monday but we never know for real

Remember larger times are long

I'll keep my eyes on Stochs/Rsioma/ADX for an eminent change
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.png Size: 119 KB
::: Grao a Grao ... :::
  • #4,889
  • Feb 21, 2014 7:49pm Feb 21, 2014 7:49pm
Quoting Salgueiro
{quote} Hi traderbola, I saw the USD should not going up above 1.12 so i decided to risk short. The best reports that forecasts also valued the CAD. sell entry at 1.11750 interim TP 1.10750 The trend must be stay short on monday but we never know for real Remember larger times are long I'll keep my eyes on Stochs/Rsioma/ADX for an eminent change {image}
Wow!!!. Not trying to be rude. But who needs a price chart with all those indicators. But if you're making money then by all means carry on.
  • #4,890
  • Feb 22, 2014 9:46am Feb 22, 2014 9:46am
Quoting Gothamcity
hi alien, hope all is well. just a simple question... what exactly is the delayed stoch we are using ? Is it calculated differently from conventional stoch ?? if I missed the answer to the question in the thread, I am sorry; thank you very much ... {image}
It is just that, a stochastic that delays it'self before confirming a cross over................it tries to stop cross overs again, but when it happens to cross back over , the trend will continue that direct stronger normally................
The More You Learn, The More You Earn.....
  • #4,891
  • Feb 22, 2014 9:49am Feb 22, 2014 9:49am
Quoting Ravelt
{quote} Where do we start counting wave 1 ? at the start of trend ?
You start counting wave 1, after wave 2, and at the beginning of wave 3, this way you know where wave 3 is.............

There really is no way to predict wave 1 for newbies, only until you become that master trader it will make sense.............
The More You Learn, The More You Earn.....
  • #4,892
  • Feb 22, 2014 9:51am Feb 22, 2014 9:51am
Quoting chrisyuto
Hi Alien and all, Thanks a lot for starting this thread and sharing your valuable knowledge.. So many posts to read , a lot of things to learn.. Salam.. {image}
Hello chrisyuto,

What is that cute creature?
The More You Learn, The More You Earn.....
  • #4,893
  • Feb 22, 2014 9:56am Feb 22, 2014 9:56am
Quoting mattkirby
{quote} Hi Alien, 2 questions to that: So in that case we don't need the adx pointing up!? when is the best entry point.......directly after the turn down or waiting till the black 8 sto crosses the green sto? Mike
As yaysayer, had already said, If you want 92% winners , you really need to use the full expansion of the ADX after a compression, if you are learning this as a newbie.

There are advance moves , but if you don't learn the plain beginning concepts, you will never make it, your losses will continue to add up instead.............read and read again and study and study again, this is not a cake walk........
The More You Learn, The More You Earn.....
  • #4,894
  • Feb 22, 2014 10:00am Feb 22, 2014 10:00am
Quoting occamsrazors
Nice 'fireworks trade' on EJ M5 earlier, big gap between black stoch and green at the high...it gave a small LH to give an entry...or when RSIOMA/Green stoch crossed 50... {image}
That must be a MACD histogram on your PA ? Looks like it could be helpful.................
The More You Learn, The More You Earn.....
  • #4,895
  • Feb 22, 2014 10:01am Feb 22, 2014 10:01am
Quoting HB Pips
Monitoring the 4 hr and catching the 15 min headed in the same direction as the 4 hr yielded 7 of 8 winning trades today/tonight (if you remain patient and follow the rules!!!) . Thank you to everyone (especially Master Alien) for all the advice and guidance. Good Karma coming to all. Thank you guys again.
Welcome HB Pips,

You are correct...........!
The More You Learn, The More You Earn.....
  • #4,896
  • Feb 22, 2014 10:07am Feb 22, 2014 10:07am
Quoting letterB
hi any thoughts on gbpcad? To me everything looks overbought except daily http://screencast.com/t/QVLmsntHs forexalien, I am starting to watch more closely H1 and H4 cause I think that's where everything starts but I could be wrong. I have read entire thread. Couldn't be easier to spot specific patterns on larger timeframes and than get down to business on smaller timeframes? Can you say what convince "you" to look for a trade? A big distance between blasck...
Hello letterB,

look at all the DS continuation trades that all lined up for a long on your screen shot, 5 in a row.........! gbpcad

and keep watching the Daily Chart , If you trade a retracement on the H4, the Daily could leave you in the dust for hundreds of pips................

There are many things to convince you to take a trade, many have been posted and more will be posted in the future............please re-read........
The More You Learn, The More You Earn.....
  • #4,897
  • Feb 22, 2014 10:18am Feb 22, 2014 10:18am
Quoting letterB
hi any thoughts on gbpcad? To me everything looks overbought except daily http://screencast.com/t/QVLmsntHs forexalien, I am starting to watch more closely H1 and H4 cause I think that's where everything starts but I could be wrong. I have read entire thread. Couldn't be easier to spot specific patterns on larger timeframes and than get down to business on smaller timeframes? Can you say what convince "you" to look for a trade? A big distance between blasck...
A big distance between black stock and the green line? yes

A big distance between blue rsioma and fast stock? not sure about this one yet.............

The black sto cutting 90 degrees through the green sto shows momentum, like the 2 marked on the left of the chart.

3rd wave half cross are great !

DS trades are great ! with confirming direction.

Notice everyone of these trades starts with the bollinger band squeeze..............!!!

The 8,3,3 sto breaking over or under the 80 and 20 lines are good confirmation also.............
Attached Image (click to enlarge)
Click to Enlarge Name: EJ H4 3 trades.JPG Size: 383 KB
The More You Learn, The More You Earn.....
  • #4,898
  • Feb 22, 2014 10:22am Feb 22, 2014 10:22am
Quoting mattkirby
{quote} Thanks for the fast answer, so you mean if we spot something like this but have no adx expansion on that TF we should take a smaller TF and look for adx expansion to jump in the trade of the higher TF. Am I right with this?
Yes always look to the smaller TF for the start of something bigger, after you have found a setup on a larger TF.................
The More You Learn, The More You Earn.....
  • #4,899
  • Feb 22, 2014 10:24am Feb 22, 2014 10:24am
Quoting tinygiant
{quote} Alien good morning to you and all i see you are buying markets is below 20 and its working out. Im confuse and is still having losing trades. Im trying to understand which lines you are referring to as Crosses. MAYBE a DOT to pin point the Cross might help me. Many thanks for your help and patience.
Trading is an art, not an exact science, you will need to get the flow of things, and in time you will be able to spot what you need to see.

Don't get me wrong , this takes a lot of seat time to learn this....................

If it was easy, nobody would be making any money..............
The More You Learn, The More You Earn.....
  • #4,900
  • Feb 22, 2014 10:26am Feb 22, 2014 10:26am
Quoting mattkirby
Thanks yaysayer . Trading idea (sorry can't post chrts at the moment). Big rsioma/DS divergence on EUR/USD 1H. On M15 adx very compressed waiting for expansion. And green Sto M15 is waving aroung with no direction.......remember Alien said it's a good sign a big move is coming.......... What are you guys thinking.......
Bollinger Band Squeeze is also a sign of a big move coming...............
The More You Learn, The More You Earn.....
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