Alien's Extraterrestrial Visual Systems

Quoting FX MiG

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{quote} It may fail, we have to wait and see. I m waiting for M1 M5 M15 to find a bottom and go long with all 5 ADX expanding. All bigger TFs are long. Also, on H1, I would like to see green stoch pointing up when entering the trade. If we see setup on H1, BBS + DS trade, I cant see how we can be late to the party if we enter on smaller TF like M15?! Signs of failing? RSIOMA goes down with DS and exits zone 80. Hope I helped... Cheers

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Quoting jeffmichaels

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{quote} In the end the tick leads all of them, but patterns in HTF can be a clue as to what has been the major direction, waiting for the LTF to have bottomed is like getting in with the major trend at the best possible time, sure you can trade both sides and it will be a turning point now and again sure. But that why we try to look for wave 3, so if you see a potential wave 3 long setting up on say H4, you want to get in at the best price right before it takes of so you wait for it to bottom on the LTF's to get in to catch the trend and ride it...

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Quoting FX MiG

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{quote} http://www.forexfactory.com/showthre...ad#post7252325 Read this post carefully, this is one of my favorite posts!!!

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Quoting forexalien

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{quote} That was a great post, thanks for bringing it up again !

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Quoting forexalien

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{quote} That was a great post, thanks for bringing it up again !

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Quoting FX MiG

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{quote} That post should be printed and posted on the wall in our trading room

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Quoting forexalien

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{quote} AUDUSD Yes , it is not something you want to enter early to the party. The H4 is near a top but has more room to go. H1 Possible DS trade, currently the green sto is below the 50 line so for now this is a no go............. The M15, M5, M1 are mixed to short, so they are looking for a bottom before this pushes long again..............

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Quoting ShepherdL

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{quote} Master Alien, would you mind elaborating your opinion with charts of each time frame aboutWhy is H4 near a top and why it has more room to go?Where do you see M15 M5 and M1 are looking for a bottom?Thank you very much!

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Quoting forexalien

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{quote} Is she going to make you Tea with them ?

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Quoting forexalien

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{quote} That was a great post, thanks for bringing it up again !

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Quoting letterB

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forexalien please comment on EURJPY (on the top) and GBPJPY (on the bottom) http://screencast.com/t/IELfyQ0pywTt EURJPY Daily ADX compression, and looks down to me. But Weekly confuses me here…looks long... GBPJPY looks long go me. Very mixed signals I am having here and I just can't decide... I am looking to short this pair in the near future so would like more long term opinion. thanks!

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Quoting letterB

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forexalien please comment on EURJPY (on the top) and GBPJPY (on the bottom) http://screencast.com/t/IELfyQ0pywTt EURJPY Daily ADX compression, and looks down to me. But Weekly confuses me here…looks long... GBPJPY looks long go me. Very mixed signals I am having here and I just can't decide... I am looking to short this pair in the near future so would like more long term opinion. thanks!

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Quoting forexalien

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{quote} AUDUSD pair I say the H4 is near a top because of the green sto going flat over the 80 line, the Black 8,3,3 is moving down and should bounce long again meaning there is room for the H4 to go long some more. RSIoma is long still on the H4 The H1 green sto and black sto are nearing a bottom in a few hours meaning they going to return long soon. The green sto on the H1 is also the Black sto on the H4, so both will turn long together........... {image}

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Quoting forexalien

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nice fake out on the GBP, EJ, EU

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