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  • #5,561
  • Mar 13, 2014 2:20am Mar 13, 2014 2:20am
EU - long setup

M5 - DS trade
  • #5,562
  • Mar 13, 2014 2:32am Mar 13, 2014 2:32am
Hello Alien, I've been practicing with your system on demo for two weeks and the results are great. Now comes the hard part, trading for real and the things change. I've noticed a big difference when trading demo or real. Anyway thanks again for your help.
I have just a question and I know that has nothing to do with your system but since you are an experienced trader may be you can help. I've noticed that every time I trade with news release the price goes crazy, like nzdusd tonight, meanwhile with aussie employement data (I didn't trade) the movement was smooth in one direction. Any explanation? Thanks again
  • #5,563
  • Mar 13, 2014 2:57am Mar 13, 2014 2:57am
Quoting luchino08
Hello Alien, I've been practicing with your system on demo for two weeks and the results are great. Now comes the hard part, trading for real and the things change. I've noticed a big difference when trading demo or real.
Which difference did you noticed ? Setups ?

The only difference should be the psychology/emotional part ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #5,564
  • Mar 13, 2014 5:19am Mar 13, 2014 5:19am
Quoting FerruFx
{quote} Which difference did you noticed ? Setups ? The only difference should be the psychology/emotional part ...
I'm talking about a different price action behaviour when I open a position on real account. I mean, tonight I've planned to open two buy positions, according to setup, on nzdusd and one on audusd. The first one has gone down, up, down and up, triggering my stop loss. So I didn't dare to open a buy on audusd but this time the price has gone straight up. Just a mere coincidence?
  • #5,565
  • Mar 13, 2014 5:50am Mar 13, 2014 5:50am
Quoting luchino08
{quote} I'm talking about a different price action behaviour when I open a position on real account. I mean, tonight I've planned to open two buy positions, according to setup, on nzdusd and one on audusd. The first one has gone down, up, down and up, triggering my stop loss. So I didn't dare to open a buy on audusd but this time the price has gone straight up. Just a mere coincidence?
The question you should ask yourself is if you were opening the same position on your demo, would it have triggered your SL too ? Just look at your demo chart ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #5,566
  • Mar 13, 2014 6:26am Mar 13, 2014 6:26am
EY - possible DS trade on H4. time will tell? how long to wait?
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 111 KB
Per aspera ad astra
  • #5,567
  • Mar 13, 2014 6:58am Mar 13, 2014 6:58am
I am thinking to only spot and trade DS set ups. Lets say 30MIN and H1 could be optimal for decent movements.

Is anyone thinking the same?
  • #5,568
  • Mar 13, 2014 7:03am Mar 13, 2014 7:03am
Quoting letterB
I am thinking to only spot and trade DS set ups. Lets say 30MIN and H1 could be optimal for decent movements. Is anyone thinking the same?
Interesting post here to find setups.
MT4/MT5 EAs/Indicators/Alerts coder
  • #5,569
  • Mar 13, 2014 8:37am Mar 13, 2014 8:37am
Quoting FX MiG
{quote} Hello Alien, I´m not sure if I missed out this info but I have one question, how do we know when is TF nearing a top? Like in this example, EU, on daily? Divergences, direction of ADXs, stochastics and RSIOMA...those could give you clues but do you have anything else to add? I´m sure you have Thanks in advance and keep doing great work on this thread
EU - Daily is still long , anytime all the stocahstics are coming together (top or bottom), I call that topping or bottoming, same goes for divergence in price and the ADX , nearing a top or bottom.
So once you see topping or bottoming , you have to drop down to the H4 and see when the topping or bottoming may be complete and look for the H4 to turn over , The best way to know price is done rising is to let it top, retrace, retest the top and then start back down, your top has been confirmed until data tells you different................as time goes on every few hours or day, you need to analyze each TF's for failures or turns ..............
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ue topping.JPG Size: 224 KB
Click to Enlarge Name: eu H4 continue.JPG Size: 232 KB
The More You Learn, The More You Earn.....
  • #5,570
  • Mar 13, 2014 8:38am Mar 13, 2014 8:38am
Quoting FerruFx
{quote} So you didn't missed nothing as it is on demo ! I am on live ... and glad to not missed it !
Hahaha, I'm trying to double a demo ($500) using micros, so those setups help me get there!

Anyway, I'm taking NZDJPY for a ride right now. Great 4h DS set up here with the Green stochastic turning back up, plus it just came out of a BBS with ADX hulking up.

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpyh4 ds.png Size: 63 KB


Move down to the 1H the RSI is up in the 80 area, there's a rubber band on the fast stochastic to send shoot price up higher and the contracted ADX appears to be getting ready to move.

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpyh1 starting.png Size: 64 KB


Last the 15M here has everything needed to hopefully get this pair going, BBS, ADX with a nice curve on the 7, RSI up in 80 and the green stochastic just passing 50.

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpym15 moving.png Size: 72 KB


I've been trying to learn how to get solid entries off the 1M chart so I'll be focusing on that today; other pairs are being modestly monitored.
The pips are out there
  • #5,571
  • Mar 13, 2014 8:52am Mar 13, 2014 8:52am
Quoting rockrobb
{quote} Or...nearing bottom/ bottoming?
I will put something more together to help with that soon, I did do a post on it once or twice before, showing a retest entry, after a retest of the top failure a few weeks back. Humans and Alien's sometimes Many times get in too early to the trades..............
The More You Learn, The More You Earn.....
  • #5,572
  • Mar 13, 2014 8:58am Mar 13, 2014 8:58am
Quoting luchino08
Hello Alien, I've been practicing with your system on demo for two weeks and the results are great. Now comes the hard part, trading for real and the things change. I've noticed a big difference when trading demo or real. Anyway thanks again for your help. I have just a question and I know that has nothing to do with your system but since you are an experienced trader may be you can help. I've noticed that every time I trade with news release the price goes crazy, like nzdusd tonight, meanwhile with aussie employement data (I didn't trade) the movement...
it's best to stay away from news , until you seen what it does a few hundred times, follow the RSIoma direction, it keeps you out of trouble most times..............

no real comment on how crazy price moves from one pair to the next, it's market makers clearing their books, it's SL's and entries being triggered, it's the spread that increases with crazy volume.
The More You Learn, The More You Earn.....
  • #5,573
  • Mar 13, 2014 9:03am Mar 13, 2014 9:03am
Quoting luchino08
{quote} I'm talking about a different price action behaviour when I open a position on real account. I mean, tonight I've planned to open two buy positions, according to setup, on nzdusd and one on audusd. The first one has gone down, up, down and up, triggering my stop loss. So I didn't dare to open a buy on audusd but this time the price has gone straight up. Just a mere coincidence?
price action does not change from the demo to a live account, it's all in your mind that you have to control, it's a long journey to take with you and your mind, good luck ! Mind control is required to win at this............. after a year or so you calm down and get better at it, trade micros to start with and lots of margin.
Attached Image
The More You Learn, The More You Earn.....
  • #5,574
  • Mar 13, 2014 9:05am Mar 13, 2014 9:05am
Quoting jpadvisor
EY - possible DS trade on H4. time will tell? how long to wait? {image}


EJ - Yes , enter after you see a H1 retrace short and see if H4 holds long after that, which is should, then enter.........
The More You Learn, The More You Earn.....
  • #5,575
  • Mar 13, 2014 9:07am Mar 13, 2014 9:07am
Quoting letterB
I am thinking to only spot and trade DS set ups. Lets say 30MIN and H1 could be optimal for decent movements. Is anyone thinking the same?
What ever your comfortable with and the amount of training and studying you want to do, there are many ways to trade............
The More You Learn, The More You Earn.....
  • #5,576
  • Mar 13, 2014 9:08am Mar 13, 2014 9:08am
Quoting Fox Mulder
{quote} Hahaha, I'm trying to double a demo ($500) using micros, so those setups help me get there! Anyway, I'm taking NZDJPY for a ride right now. Great 4h DS set up here with the Green stochastic turning back up, plus it just came out of a BBS with ADX hulking up. {image} Move down to the 1H the RSI is up in the 80 area, there's a rubber band on the fast stochastic to send shoot price up higher and the contracted ADX appears to be getting ready to move. {image} Last the 15M here has everything needed to hopefully get this pair going, BBS, ADX...
That is great ! if you can double a demo account in a few months , you are on your way to being a great trader............
The More You Learn, The More You Earn.....
  • #5,577
  • Mar 13, 2014 9:50am Mar 13, 2014 9:50am
Quoting forexalien
AU {image}
I am holding some long entries.

any comments?
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #5,578
  • Mar 13, 2014 10:09am Mar 13, 2014 10:09am
Quoting Mafia
{quote} I am holding some long entries. any comments?
They been doing good for the last day...........seeing more upside on the H1 and H4 , daily is not strong yet , but long also.........
The More You Learn, The More You Earn.....
  • #5,579
  • Mar 13, 2014 10:16am Mar 13, 2014 10:16am
Market rarely gives pips like it did last night. Of course, it's always easier to pick out pips off of charts that printed an hour ago, but I just see chart after chart of perfect setups. I got none of it and I'm furious with myself. Hope everyone else took advantage.
Follow the money --Mark Felt (Deepthroat)
  • #5,580
  • Mar 13, 2014 10:16am Mar 13, 2014 10:16am
Quoting Mafia
{quote} I am holding some long entries. any comments?
Getting a small retrace for the moment on AU.........
The More You Learn, The More You Earn.....
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