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Alien's Extraterrestrial Visual Systems

  • #6,061
  • Apr 1, 2014 9:55am Apr 1, 2014 9:55am
Quoting ntrr
{quote} I also like to trade h1 and h4 time frame. I have to admit that I don't find much trades. FerruFx, Roughly how many trades do you find each week?
I am not comptabilising the number of trades ... I take them when they come. You need patience. Let them come to you ... instead of over searching for them.

If you have no patience, trade the M1 chart ... you will have plenty of opportunities each day.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,062
  • Apr 1, 2014 9:55am Apr 1, 2014 9:55am
Quoting jpadvisor
{quote} Another good hint from our master FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,063
  • Apr 1, 2014 9:57am Apr 1, 2014 9:57am
Quoting ntrr
{quote} I also like to trade h1 and h4 time frame. I have to admit that I don't find much trades. FerruFx, Roughly how many trades do you find each week?
BTW, I have opened trade since beginning of March ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,064
  • Apr 1, 2014 10:05am Apr 1, 2014 10:05am
Attached Image (click to enlarge)
Click to Enlarge Name: entry alien.jpg Size: 850 KB


dear Mr Alien.. i'm already reading about exit position but i'm still confused maybe you can explain to me once more if i entry on 142.434 where do i'll exit looking on ADX M15 or other TF?

thanks for your kindness
Regards
Bibachan
  • #6,065
  • Apr 1, 2014 2:01pm Apr 1, 2014 2:01pm
Quoting bibachan
{image} dear Mr Alien.. i'm already reading about exit position but i'm still confused maybe you can explain to me once more if i entry on 142.434 where do i'll exit looking on ADX M15 or other TF? thanks for your kindness Regards Bibachan
Let me answer, if you only consider this chart:
Your exit is when 89/144 ADX lose their power = Slope down or lose of thickness

BTW it seems something wrong with your ADX
Since I do not see the thickness changing.
Check it, please.
  • #6,066
  • Apr 1, 2014 3:49pm Apr 1, 2014 3:49pm
hi there, the adx on my charts doesnt have the thickness decreasing or increasing as well. what could be the problem?

Thanks
  • #6,067
  • Apr 1, 2014 4:40pm Apr 1, 2014 4:40pm
Quoting saticdoor86
hi there, the adx on my charts doesnt have the thickness decreasing or increasing as well. what could be the problem? Thanks
The 'standard' adx doesn't have the changing thickness.

If you want this feature, check the attachments list for FxKabap's posts. He posted lightweght indicator versions, and the adx-thickness indi is one of them. I believe itt is a .rar file with several indi's and his template. the file you need is adx_slope I think.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #6,068
  • Apr 1, 2014 5:51pm Apr 1, 2014 5:51pm
Quoting olcanil
Alien, what do you think about the USDGBP?
The month is long.............

The Week is long , But if you look at the stochastics it is maybe on the backside of coming down or past it's high for now,

The Daily is long on the sto's and trying long on the RSIoma , so it is mixed to it's direction and right now at the top of a downward channel as shown........

H4 looks to be coming down for now , a small retrace long will happen first before coming down some more .........................
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD daily mixed.JPG Size: 281 KB
The More You Learn, The More You Earn.....
  • #6,069
  • Apr 1, 2014 5:52pm Apr 1, 2014 5:52pm
Quoting rukiver
to me its very boring today no setup with my limited chartsoftware snork!
You are going to have those days........

Learn them and don't be in the markets during these days................
The More You Learn, The More You Earn.....
  • #6,070
  • Apr 1, 2014 5:55pm Apr 1, 2014 5:55pm
Quoting FerruFx
{quote} BTW, I have opened trade since beginning of March ...
That's how the Big Boys trade and add to it as time goes on................
The More You Learn, The More You Earn.....
  • #6,071
  • Apr 1, 2014 6:02pm Apr 1, 2014 6:02pm
Quoting bibachan
{image} dear Mr Alien.. i'm already reading about exit position but i'm still confused maybe you can explain to me once more if i entry on 142.434 where do i'll exit looking on ADX M15 or other TF? thanks for your kindness Regards Bibachan
On larger TF's H4 and larger I would use the 89, 144 ADX turn down to exit............

For those cheetah traders on lower TF's , M1 to M15 you could exit using the 42 ADX to collect more pips, But you risk missing many more pips if the 89 and 144 adx keep going for a long time.............

You could use the RSIoma turning down below the 80 line to exit also.

get enough seat time and you begin to trade better and see things that help.

LAZY TRADERS will not win often enough to make gains...............so study long and hard...........
Attached Image (click to enlarge)
Click to Enlarge Name: exits.JPG Size: 268 KB
The More You Learn, The More You Earn.....
  • #6,072
  • Apr 1, 2014 7:35pm Apr 1, 2014 7:35pm
I just found this Great Tip from my Friend DB and I have known it for some time.

This needs to be understood for the H1 and higher TF's.

The higher the TF and longer turns take to make and you get ranging most times on the turns for a period of time or days , this is what is happening this week and last............
Attached Image (click to enlarge)
Click to Enlarge Name: great tip.JPG Size: 85 KB
The More You Learn, The More You Earn.....
  • #6,073
  • Apr 1, 2014 7:41pm Apr 1, 2014 7:41pm
EJ

Possible DS trade on the M15 Long.......

H1 to cycle down and back long,

H4 is long
Attached Image (click to enlarge)
Click to Enlarge Name: ej pos m15 ds long.JPG Size: 284 KB
The More You Learn, The More You Earn.....
  • #6,074
  • Apr 1, 2014 8:28pm Apr 1, 2014 8:28pm
Quoting forexalien
{quote} On larger TF's H4 and larger I would use the 89, 144 ADX turn down to exit............ For those cheetah traders on lower TF's , M1 to M15 you could exit using the 42 ADX to collect more pips, But you risk missing many more pips if the 89 and 144 adx keep going for a long time............. You could use the RSIoma turning down below the 80 line to exit also. get enough seat time and you begin to trade better and see things that help. LAZY TRADERS will not win often enough to make gains...............so study long and hard........... {image}...
thanks Mr Alien for your clue you're awesome
i'll keep study hard and keep learning

regards
bibachan
  • #6,075
  • Apr 1, 2014 9:35pm Apr 1, 2014 9:35pm
Quoting forexalien
EJ Possible DS trade on the M15 Long....... H1 to cycle down and back long, H4 is long {image}
EJ Bingo !
Attached Image (click to enlarge)
Click to Enlarge Name: ej bingo.JPG Size: 147 KB
The More You Learn, The More You Earn.....
  • #6,076
  • Apr 1, 2014 10:35pm Apr 1, 2014 10:35pm
Quoting forexalien
EJ Possible DS trade on the M15 Long....... H1 to cycle down and back long, H4 is long {image}
i caught 25 pips on this one. Love the system! Thanks so much for all the shared knowledge from Master Alien and all of his students! I am getting the best results I have been getting in over 2 years of trading.
Be Patient....
  • #6,077
  • Apr 2, 2014 4:05am Apr 2, 2014 4:05am
Morning all, Building nice USDTRY short looking for H4 to pick back up +80 on earliest entry already, also have a short EU @37925
And wating for pound to top as per Alien's tip!
Attached Image (click to enlarge)
Click to Enlarge Name: 140402 USDTRY.png Size: 119 KB
  • #6,078
  • Apr 2, 2014 4:53am Apr 2, 2014 4:53am
Quoting jeffmichaels
Morning all, Building nice USDTRY short looking for H4 to pick back up +80 on earliest entry already, also have a short EU @37925 And wating for pound to top as per Alien's tip! {image}
Got out as I wanted to pocket some profits, may reenter if it sees a decent bounce. probably should have stayed in but never can resist to bag those pips before they evaporate again.
Attached Image (click to enlarge)
Click to Enlarge Name: 140402 USDTRY 1151.png Size: 71 KB
  • #6,079
  • Apr 2, 2014 5:28am Apr 2, 2014 5:28am
Quoting jpadvisor
EUR/TRY - 5 M searched with all Stochastics the top of retracement and than entered short. {image}
@jeffmichaels. I also closed trade yesterday EUR/TRY with + 80 pips because the pair is so volatile. Today is continuing short but I'll prefer to sell the rallies.
Per aspera ad astra
  • #6,080
  • Apr 2, 2014 5:34am Apr 2, 2014 5:34am
Quoting jpadvisor
{quote} @jeffmichaels. I also closed trade yesterday EUR/TRY with + 80 pips because the pair is so volatile. Today is continuing short but I'll prefer to sell the rallies.
Well got back in right after my post, hitting myselfin the head i didnt stay in. Really want to hold on once, nice long squeeze going on imo.
Attached Image (click to enlarge)
Click to Enlarge Name: 140402 USDTRY 1232.png Size: 118 KB
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