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Alien's Extraterrestrial Visual Systems

  • #8,441
  • Sep 19, 2014 12:48pm Sep 19, 2014 12:48pm
Quoting Christianfx
This Daily chart is sort of leaning on your Daily chart JP. How would you interpret the two signals (red lines)? Why did the first trade play out as expected but not the second? What do you look at? Higher time frame? Weekly was good? 4h could have been good for both trades? {image}
i think every analyse should be made watching mtf but just by looking for this situation in a single time frame, adx´s and start of bbs tell us that short momentum is going way.
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  • #8,442
  • Edited 11:15am Sep 21, 2014 9:31am | Edited 11:15am
Quoting Christianfx
This Daily chart is sort of leaning on your Daily chart JP. How would you interpret the two signals (red lines)? Why did the first trade play out as expected but not the second? What do you look at? Higher time frame? Weekly was good? 4h could have been good for both trades? {image}
Dear Christianfx,
Master Alien taught the importance of MTF analysis to follow the trend and to enter a trade when the TFS align themselves.
So, you correctly choosed a trending pair as the weekly and monthly charts show, looking to trade short the pullbacks.
But if you want to trade the Daily you have to watch the higher TFs and, at least, the Tf that comes before yours. i.e. the H4.
I put together here the H4 and Daily.
- the trade of june 27 went ok, but you entered a little early because the ADX started to expand the day after in the short direction. You can see the waves in the ADX Histogram.
- as for the trade of july 29, I see the possible Sto. slingshot on Daily that you probably took, but the Sto, 21, 10, 10 wasn't stuck to the bottom as in the previous one. ADX 21 and 42 were turning down and ADX 7 just begun to design a new pullback long. See also RSIOMA and BBS after that to say it was a big move.
On the H4 chart you could have seen the ADX contraction and expansion in the long direction and the BBS. So you avoided to trade short.
I'd say if you find a setup on your TF, than look for confirmation going down to the lower TFs and find the ADX contraction and the beginning of the expansion.
This is my two cents.
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Per aspera ad astra
  • #8,443
  • Edited 3:46am Sep 22, 2014 2:30am | Edited 3:46am
Aud/Usd Weekly-
to me it seems we are completing an inverted H&S formation, that is a reversal pattern. Time will tell.
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Per aspera ad astra
  • #8,444
  • Sep 22, 2014 11:59am Sep 22, 2014 11:59am
Will AUD/CHF mirror the move of AUD/USD? Let's see. ​
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Work smarter,not harder
  • #8,445
  • Edited 6:43am Sep 23, 2014 5:25am | Edited 6:43am
My analysis of USDJPY (short term)

at H4 the Fibo 38% retracement is reached accompanied with falling ADX H1 stos are bottoming ADX falling also M15 should be comming back one more time and then could get the push above th h4 highs... (maybe...) but daily ADX is quite high on the other hand but i see a wave 5 missing in the daily

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  • #8,446
  • Edited 8:22am Sep 23, 2014 8:00am | Edited 8:22am
Quoting rukiver
My analysis of USDJPY (short term) at H4 the Fibo 38% retracement is reached accompanied with falling ADX H1 stos are bottoming ADX falling also M15 should be comming back one more time and then could get the push above th h4 highs... (maybe...) but daily ADX is quite high on the other hand but i see a wave 5 missing in the daily {image}
This was a pullback to buy and go away(I mean an intraday trade).
Per aspera ad astra
  • #8,447
  • Sep 25, 2014 7:50am Sep 25, 2014 7:50am
I post a few charts to share how powerful Alien's system is.
I can not stay in a trade such a long time before.
DAX30 drop 200 pts, with this system we can stay in a short trade.
If I trade with MAs, SR, RN, I will grab and run as quickly as I can for safety.
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M1 is so powerful.
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Practice makes perfect!
Thanks Alien for the wonderful system!!
  • #8,448
  • Sep 26, 2014 2:51am Sep 26, 2014 2:51am
Quoting xiaoxin
I post a few charts to share how powerful Alien's system is. I can not stay in a trade such a long time before. DAX30 drop 200 pts, with this system we can stay in a short trade. If I trade with MAs, SR, RN, I will grab and run as quickly as I can for safety. {image} M1 is so powerful. {image} Practice makes perfect! Thanks Alien for the wonderful system!!
Congrats. I see you trade the Dax regurarly. Could you post every week your take on that index using MTF? We'll be grateful. Thanks.
Per aspera ad astra
  • #8,449
  • Sep 26, 2014 2:59am Sep 26, 2014 2:59am
It's Friday today and this ADX Divergence trade was caught.

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Happy trades folks.
  • #8,450
  • Sep 26, 2014 3:07am Sep 26, 2014 3:07am
Quoting jpadvisor
{quote} Congrats. I see you trade the Dax regurarly. Could you post every week your take on that index using MTF? We'll be grateful. Thanks.
I will try my best to post charts to make this thread alive.
Posting charts can help us learn much better and others traders may get some useful ideas.
As my trading platform is not MT4(I use *G web trading), I just using MT4 as a tool to do the homework, monitor my trade and post charts.
Happy trades, jpadvisor
  • #8,451
  • Sep 26, 2014 3:21am Sep 26, 2014 3:21am
Quoting xiaoxin
It's Friday today and this ADX Divergence trade was caught. {image} Happy trades folks.
Yep, on M15 is clear divergence between price and Stochastic 21, 10, 10. Thank you.
Per aspera ad astra
  • #8,452
  • Sep 26, 2014 3:43am Sep 26, 2014 3:43am
EUR/USD - H1
We have BBS and a DS formation, but on Stochastic there is a X Cross in progress.
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Per aspera ad astra
  • #8,453
  • Sep 26, 2014 7:04am Sep 26, 2014 7:04am
can someone help me please?

I draw a vertical line on daily chart at 6th Aug...
then switch to 4H, the vertical line should be there, but actually it is missing!
I uninstall MT4 and reinstall but happen again!~

This thing only happen on Alien's system...
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  • #8,454
  • Sep 26, 2014 8:09am Sep 26, 2014 8:09am
Quoting ShepherdL
can someone help me please? I draw a vertical line on daily chart at 6th Aug... then switch to 4H, the vertical line should be there, but actually it is missing! I uninstall MT4 and reinstall but happen again!~ This thing only happen on Alien's system... {image} {image}
It is the Trendchannel indicator that you have on your chart that removes the lines.
Try using template without trendchannel indi
  • #8,455
  • Sep 26, 2014 8:23am Sep 26, 2014 8:23am
Quoting Gonzaga
{quote} It is the Trendchannel indicator that you have on your chart that removes the lines. Try using template without trendchannel indi
Got it, thanks, Gonzaga!
  • #8,456
  • Sep 26, 2014 8:36am Sep 26, 2014 8:36am
Quoting jpadvisor
EUR/USD - H1 We have BBS and a DS formation, but on Stochastic there is a X Cross in progress. {image}
In this case the Ds trade worked nicely.
After we found a BBS and a setup, we put two lines on the BBS slopes and we go down to the 5 M. chart to catch the beginning of ADX expansion. And here you go.
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Per aspera ad astra
  • #8,457
  • Sep 28, 2014 6:20am Sep 28, 2014 6:20am
Hi Alien

I checked this thread out when you first started it. Must have read the first 2-4 pages and quickly decided this was just going to be the same old, same old thread with a system that used a million indicators. I left quickly and I can't say I have ever opened the thread up once since then.

Flash forward to 25 Sept 2014. I am not sure why, but I opened the thread up and noticed it was like 418 pages. I thought to myself I should take another look at this tread as most threads that have nothing to offer usually die within the first 10-30 pages.

I have read about the first 100 pages and I must say I am rather impressed with how you use the indicators on your chart. It's very well thought out and makes alot of sense to me. I have actually loaded your template onto my chart and studied them all weekend. Some of the set ups are just amazing. I plan on trading with your template for the next month to see how I go with it. I'll post some of my trades when I get a chance.

Thanks in advance for the system and teachings.
  • #8,458
  • Sep 28, 2014 6:31am Sep 28, 2014 6:31am
Quoting ozziedave
I plan on trading with your template for the next month to see how I go with it.
Once you understood how this setup act with the price, you can't be wrong. You will see how it is amazing.
MT4/MT5 EAs/Indicators/Alerts coder
  • #8,459
  • Sep 28, 2014 1:44pm Sep 28, 2014 1:44pm
Quoting ozziedave
Hi Alien I checked this thread out when you first started it. Must have read the first 2-4 pages and quickly decided this was just going to be the same old, same old thread with a system that used a million indicators. I left quickly and I can't say I have ever opened the thread up once since then. Flash forward to 25 Sept 2014. I am not sure why, but I opened the thread up and noticed it was like 418 pages. I thought to myself I should take another look at this tread as most threads that have nothing to offer usually die within the first 10-30...
Hy Ozziedave,

I have similar story like you regarding this system,but as Ferrrufx state it is amazing once you understand every part of it and trade with patiente and discipline....This system could be traded many ways but when individual construct money management and make plan how to trade it ( tf entries exits,how many pairs bla bla) it is the best understanding of what market doing and potential future can bring....

I was using it on offline chart some time,but don't have so much infos like on candlestick althought in 90% i knew where the market will go....

I took time and again going throught thread once again and every time i get more confidence....Will post my understand and analyse when have time...

Would be good to alive this thread again,i miss our master ALIEN,hope he is enyoing on other planets !!

Lets kick some money from banks!

Highest regards!
  • #8,460
  • Sep 28, 2014 2:08pm Sep 28, 2014 2:08pm
I would like to know more how you people use money management,I know that Alien scale in but not sure about risk he using on position and if PA suddenly goes against him what does he do than?

This is the most important part how to get most of this great strategy so all ideas are welcome here from senior members of this strategy!

Thanks in advance!

Regards!
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