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Alien's Extraterrestrial Visual Systems

  • #8,321
  • Edited 12:40pm Sep 3, 2014 12:24pm | Edited 12:40pm
Alien
I have a doubt that
in each TF, I always look to force the ADX.
if this case here, turn off the lines 7,21
and 42,89,144 are connected, the movement is a retraction movement, correct?
I can use the force of ADX, in each separate TF?
If I look at the H4 lines are off.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 1.png Size: 14 KB
  • #8,322
  • Sep 3, 2014 3:15pm Sep 3, 2014 3:15pm
Quoting Numero
{quote} So with regards to your indicator, you’re comparing the most recent candle that closed (20:00) with the previous candle that closed (16:00). An increase during that time period would show the indicator powering up. So if it was the “7” setting that was being compared, the “7” would now be green on the indicator. So Alien, have I seen the light? Lol…………
Each TF has ADX 7,14,21,89,144, we are not comparing TF's at this time, only the ADX settings in one TF like below....
All ADX 7,14,21,89,144 are powering up long at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: uj all adx.JPG Size: 134 KB
The More You Learn, The More You Earn.....
  • #8,323
  • Sep 3, 2014 3:17pm Sep 3, 2014 3:17pm
Quoting Numero
{quote} So with regards to your indicator, you’re comparing the most recent candle that closed (20:00) with the previous candle that closed (16:00). An increase during that time period would show the indicator powering up. So if it was the “7” setting that was being compared, the “7” would now be green on the indicator. So Alien, have I seen the light? Lol…………
Then after your learn that, you can go to MTF's like example below, where the same ADX power is working on many TF's...............You then have a stronger trend to follow.............
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD multiple ds and adx.JPG Size: 455 KB
The More You Learn, The More You Earn.....
  • #8,324
  • Sep 3, 2014 3:23pm Sep 3, 2014 3:23pm
Quoting Mafia
{quote} Long towards what level? Any possibility of touching 1.6850?
Ouch, that was most of a Month ago.

The Monthly chart does show signs of a retrace long again, But you will have to hang onto it for a couple of months...........
The More You Learn, The More You Earn.....
  • #8,325
  • Sep 3, 2014 3:27pm Sep 3, 2014 3:27pm
Quoting rukiver
Is this a valid CrossX setup in EURJPY H1? {image}
Yes it was................wave 1,2,3 down on the Cross X trade.....
Attached Image (click to enlarge)
Click to Enlarge Name: ejh1wave 3.JPG Size: 168 KB
The More You Learn, The More You Earn.....
  • #8,326
  • Sep 3, 2014 3:36pm Sep 3, 2014 3:36pm
Quoting hugomarques
Alien I have a doubt that in each TF, I always look to force the ADX. if this case here, turn off the lines 7,21 and 42,89,144 are connected, the movement is a retraction movement, correct? I can use the force of ADX, in each separate TF? If I look at the H4 lines are off. {image}
Yes , when the 7,21 or lower ADX settings are turning down, that means a small retracement is taking place and to not worry because the 42,89,144 are still powering up. When they all turn down, then the move is over and it's' time to look at your trade for the next step.

The H4 ADX lines pointing down would tell you that TF does not have as strong of a movement going on at this time.

With EU Daily you can see the strong move on the TF.

Currently the lower TF's ADX are powering up long, as the daily is trying to retrace a bit here........
The More You Learn, The More You Earn.....
  • #8,327
  • Sep 3, 2014 4:47pm Sep 3, 2014 4:47pm
Quoting forexalien
{quote} Ouch, that was most of a Month ago. The Monthly chart does show signs of a retrace long again, But you will have to hang onto it for a couple of months...........
Yeah its a month ago, Governor Carney's day was a black day for me. If GU goes further down i will take loss SL set on 1.6400
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #8,328
  • Sep 3, 2014 5:54pm Sep 3, 2014 5:54pm
Quoting hugomarques
Alien I have a doubt that in each TF, I always look to force the ADX. if this case here, turn off the lines 7,21 and 42,89,144 are connected, the movement is a retraction movement, correct? I can use the force of ADX, in each separate TF? If I look at the H4 lines are off. {image}
Hello hugomarques, can I get your adx indi?

Thanks
  • #8,329
  • Sep 3, 2014 6:05pm Sep 3, 2014 6:05pm
Quoting Mafia
{quote} Yeah its a month ago, Governor Carney's day was a black day for me. If GU goes further down i will take loss SL set on 1.6400
Too bad to hear that.
Also i got stopped out at short audusd,i knew that long term is bullish but still it was a hell of a bounce on H4 tf.
Work smarter,not harder
  • #8,330
  • Sep 3, 2014 7:07pm Sep 3, 2014 7:07pm
Quoting Mafia
{quote} Yeah its a month ago, Governor Carney's day was a black day for me. If GU goes further down i will take loss SL set on 1.6400
Always look at the Direction of the next higher TF. then the one you are going to trade and make sure they are both traveling the same direction...........
The More You Learn, The More You Earn.....
  • #8,331
  • Sep 3, 2014 7:23pm Sep 3, 2014 7:23pm
Quoting marcof91
{quote} Too bad to hear that. Also i got stopped out at short audusd,i knew that long term is bullish but still it was a hell of a bounce on H4 tf.
The daily 21,10,10 was still long, H4 was just cycling down and back long again...................waves.............
The More You Learn, The More You Earn.....
  • #8,332
  • Sep 3, 2014 7:45pm Sep 3, 2014 7:45pm
Quoting putraeka
{quote} Hello hugomarques, can I get your adx indi? Thanks
this indicator attached in this post our friend GVC,

http://www.forexfactory.com/showthre...65#post7548665

however, you have to know how to use, read all this discussion, and do not want to shortcut
success and good pips
  • #8,333
  • Sep 3, 2014 11:27pm Sep 3, 2014 11:27pm
Quoting forexalien
{quote} Then after your learn that, you can go to MTF's like example below, where the same ADX power is working on many TF's...............You then have a stronger trend to follow............. {image}
Got it! Thanks!
  • #8,334
  • Sep 4, 2014 12:54am Sep 4, 2014 12:54am
Quoting forexalien
{quote} Yes , when the 7,21 or lower ADX settings are turning down, that means a small retracement is taking place and to not worry because the 42,89,144 are still powering up. When they all turn down, then the move is over and it's' time to look at your trade for the next step. The H4 ADX lines pointing down would tell you that TF does not have as strong of a movement going on at this time. With EU Daily you can see the strong move on the TF. Currently the lower TF's ADX are powering up long, as the daily is trying to retrace a bit here........
then the medium to long term
the force of 5 ADX in H1, H4 and daily
and forget the M5 M15 M30, they are quick to rush and see retractions
to grow my business, I have to look at H1 and H4 daily
if I wait 5 lines on ADX H1 forever.
I can always catch big, waves correct?
  • #8,335
  • Sep 4, 2014 2:45am Sep 4, 2014 2:45am
Quoting hugomarques
{quote} then the medium to long term the force of 5 ADX in H1, H4 and daily and forget the M5 M15 M30, they are quick to rush and see retractions to grow my business, I have to look at H1 and H4 daily if I wait 5 lines on ADX H1 forever. I can always catch big, waves correct?
Yes but you should use sto 21,10,10 and RSIOMA as confirmation ( over 50) thats a more conservative setup
  • #8,336
  • Sep 4, 2014 5:41am Sep 4, 2014 5:41am
Quoting forexalien
{quote} Always look at the Direction of the next higher TF. then the one you are going to trade and make sure they are both traveling the same direction...........
Thanks for the advise, I told myself about rules so many times but I get emotional sometimes
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #8,337
  • Sep 4, 2014 7:57am Sep 4, 2014 7:57am
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 84 KB


Hi there, I´ve been thinking a little bit more about this approach. The idea of catching the wave before they happen are clear in theroy, but not so easy to do in reality. Is this what you are thinking in you head Alien?
  • #8,338
  • Sep 4, 2014 8:01am Sep 4, 2014 8:01am
I have to say I did not use the RSIoma in this example, sometimes I´m confused by it. Also, the theory of how to use the ADX is clear. But again reality. Sometimes it´s so clear when they "fan out", then again they can lag quite a bit. This is such an example?

Also, I think you scaling in is vital to do this, because you can´t nail every wave. The market could move against you as you can see.
  • #8,339
  • Sep 4, 2014 10:13am Sep 4, 2014 10:13am
Quoting Christianfx
I have to say I did not use the RSIoma in this example, sometimes I´m confused by it. Also, the theory of how to use the ADX is clear. But again reality. Sometimes it´s so clear when they "fan out", then again they can lag quite a bit. This is such an example? Also, I think you scaling in is vital to do this, because you can´t nail every wave. The market could move against you as you can see.
Hello friend
advice and alien we have here, as far as it study this topic.
you will lose hours and days, but in the end will be worth it, you learn how the market works,
Success in currency trading has no shortcut, to train too much, that the results will come.
ADX, is one of the main pillars of this system, stochastic to locate tops and bottoms, and rsioma to indicate the direction of the trend.
  • #8,340
  • Sep 4, 2014 11:13am Sep 4, 2014 11:13am
Quoting hugomarques
{quote} ADX, is one of the main pillars of this system, stochastic to locate tops and bottoms, and rsioma to indicate the direction of the trend.

You might have flipped a switch here, cheers.
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