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Alien's Extraterrestrial Visual Systems

  • #8,461
  • Sep 28, 2014 9:42pm Sep 28, 2014 9:42pm
[quote=forexalien;7659504]AUDUSD - Weekly looks to be topping at this time. a W shaped bottom is being put in.......... After the retracement short , we should see the money wave 3 long again.............. The daily is nearing a bottom, so the retracement might not go short for very long..... {image}[/quote\\

Alien, for AUDSUD Weekly, do you still think this is good? If yes, current price would be good for long with great risk/reward...
  • #8,462
  • Sep 29, 2014 4:05am Sep 29, 2014 4:05am
Quoting xiaoxin
{quote} 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
Thanks Xiaoxin, green pips to you.
Per aspera ad astra
  • #8,463
  • Sep 29, 2014 4:36am Sep 29, 2014 4:36am
Quoting FerruFx
{quote} Once you understood how this setup act with the price, you can't be wrong. You will see how it is amazing.
The Pros like plain charts without indicators or at last just one (RSI or MACD) and Fibo numbers. They say that every indicator is lagging (true) but we use Alien's indicators in a different way i.e. not following where indicator is going. From all indicators and MTF analysis we can spot some setups that indicates where the price is supposed to go. Also EWP works the same and if you combine Alien's systems with EWP you'll empower your trading at very high levels.
That's why Alien lot of times recommended this book.
Attached Image
Per aspera ad astra
  • #8,464
  • Sep 29, 2014 2:52pm Sep 29, 2014 2:52pm
GBP USD maybe a DS is comming an the daily week is short at risioma ds at daily maybe a retrace in h4 an then?? magic happens hopefully as alien says what do you think??
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  • #8,465
  • Sep 29, 2014 2:57pm Sep 29, 2014 2:57pm
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.
for the DAX weekly (crossX) and daily is short but on thursday (?) we will have draghis (ECB CEO) interest decision and quantitative easing decision also. so dax could be firing up like a rocket.

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  • #8,466
  • Oct 1, 2014 3:23am Oct 1, 2014 3:23am
looks like mtf topping.......
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  • #8,467
  • Oct 1, 2014 9:29am Oct 1, 2014 9:29am
Quoting FerruFx
{quote} Once you understood how this setup act with the price, you can't be wrong. You will see how it is amazing.

Ferru, that statement sort of sums up what I´ve been thinking for some time now but I´m not sure if I´m right.
Bluntly speaking, when a direction is being confirmed by the indicators oftentimes price reverses, the move has already happened.

So, buy example, you would want to see price coming back into a buy area (whatever that might be) + the indicators confirming a buy. In other words price is sort of wating for the indicators to show direction, price waiting for the indicators.

If both move at the same time (personally I don´t like that)

What do you think?
  • #8,468
  • Oct 1, 2014 9:37am Oct 1, 2014 9:37am
Quoting Christianfx
Bluntly speaking, when a direction is being confirmed by the indicators oftentimes price reverses, the move has already happened
That's why Alien's setup is so great ... You can see the move almost before it happens. The move comes to you ... not you come to the move.
MT4/MT5 EAs/Indicators/Alerts coder
  • #8,469
  • Oct 1, 2014 10:22am Oct 1, 2014 10:22am
GBP/JPY (broke the last high and in consolidation) and GBP/AUD (still has to break the last high of weekly tf and has some power on adx daily tf)
These two looks good to me for tomorrow to buy on the long-term positions.
Now, EU and GU i'm not selling it because i think it's too low right now,i'll wait for a retracement on daily or weekly tf.
Just my opinion.
No charts here,sorry. I'm posting through the phone.
Work smarter,not harder
  • #8,470
  • Oct 1, 2014 11:25am Oct 1, 2014 11:25am
Quoting Gonzaga
looks like mtf topping....... {image}
Indeed 110 is a very strong resistence area and we should look to trade long only the retracements
Per aspera ad astra
  • #8,471
  • Edited 12:07pm Oct 1, 2014 11:46am | Edited 12:07pm
Quoting rukiver
GBP USD maybe a DS is comming an the daily week is short at risioma ds at daily maybe a retrace in h4 an then?? magic happens hopefully as alien says what do you think?? {image}
On monthly, weekly and daily the trend is down. Furthermore on daily (as you spotted) there is a DS that is near the cross.
Usually Pound likes to trend.
Here is Daily chart. We could see a completion of the 2 wave and maybe the beginning of the 3 wave. But this downmove from 1.71 could also be only a correction. Time (or Alien) will tell best.
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura GBP.PNG Size: 319 KB
Per aspera ad astra
  • #8,472
  • Oct 1, 2014 11:52am Oct 1, 2014 11:52am
Quoting jpadvisor
{quote} Indeed 110 is a very strong resistence area and we should look to trade long only the retracements
h4, d1 and weekly show topping for now but looking at monthly only sto 833 and sto 21.10.10 topped, sto 110.10.10 still rising and above 50 level... so on the longer run maybe we can see it going again for that area ....
  • #8,473
  • Oct 1, 2014 11:59am Oct 1, 2014 11:59am
Quoting jpadvisor
{quote} On monthly, weekly and daily the trend is down. Furthermore on daily (as you spotted) there is a DS that is near the cross. Usually Pound like to trend. Here is Daily chart. We could see a completion of the 2 wave and maybe the beginning of the 3 wave. But this downmove from 1.71 could also be only a correction. Time (or Alien) will tell best. {image}
It does look like its trying to find better bottom or retest it.....
  • #8,474
  • Oct 1, 2014 12:04pm Oct 1, 2014 12:04pm
Quoting Gonzaga
{quote} h4, d1 and weekly show topping for now but looking at monthly only sto 833 and sto 21.10.10 topped, sto 110.10.10 still rising and above 50 level... so on the longer run maybe we can see it going again for that area ....
To me also sooner or later it will B/O. Now is useful to use The Fibo levels to catch the entry points.
Per aspera ad astra
  • #8,475
  • Oct 1, 2014 12:17pm Oct 1, 2014 12:17pm
Quoting jpadvisor
{quote} On monthly, weekly and daily the trend is down. Furthermore on daily (as you spotted) there is a DS that is near the cross. Usually Pound like to trend. Here is Daily chart. We could see a completion of the 2 wave and maybe the beginning of the 3 wave. But this downmove from 1.71 could also be only a correction. Time (or Alien) will tell best. {image}
thanks for poiting out that zigzag can be a good help for identifying waves i had not noticed that and i need to study further more this subject.
you are right it could also be a correction and not yet the start of wave 3 its not very clear though it seems wave 3 ..... still learning and practicing it

heres a pdf i found for the basics of elliott waves that could be useful to us
Attached File(s)
File Type: pdf Elliott Wave Basics.pdf   1.0 MB | 5,620 downloads
  • #8,476
  • Oct 1, 2014 12:28pm Oct 1, 2014 12:28pm
Quoting jpadvisor
{quote} To me also sooner or later it will B/O. Now is useful to use The Fibo levels to catch the entry points.
Yes, i was told today that uj respects them strictly
Alien system will also give us the clues
  • #8,477
  • Oct 1, 2014 4:01pm Oct 1, 2014 4:01pm
Quoting jpadvisor
{quote} On monthly, weekly and daily the trend is down. Furthermore on daily (as you spotted) there is a DS that is near the cross. Usually Pound likes to trend. Here is Daily chart. We could see a completion of the 2 wave and maybe the beginning of the 3 wave. But this downmove from 1.71 could also be only a correction. Time (or Alien) will tell best. {image}
Yes as time goes by.... im not sure with the gbpusd because see picture but in common a correction has got 3 waves only 1-2-3 -> if so we could expect a leg down

in h1 the ADX 144 stays high could be a slingshot but most of the stos 8,3,3 are perhaps ready for a retrace (daily,h4,h1)

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 219 KB
  • #8,478
  • Oct 2, 2014 4:10am Oct 2, 2014 4:10am
Quoting Gonzaga
looks like mtf topping....... {image}
you just got to love alien waves .....
Attached Image (click to enlarge)
Click to Enlarge Name: Capturar.JPG Size: 173 KB
  • #8,479
  • Oct 2, 2014 5:05am Oct 2, 2014 5:05am
Quoting Gonzaga
{quote} you just got to love alien waves ..... {image}
indeed
  • #8,480
  • Oct 2, 2014 5:09am Oct 2, 2014 5:09am
Quoting Gonzaga
{quote} thanks for poiting out that zigzag can be a good help for identifying waves i had not noticed that and i need to study further more this subject. you are right it could also be a correction and not yet the start of wave 3 its not very clear though it seems wave 3 ..... still learning and practicing it heres a pdf i found for the basics of elliott waves that could be useful to us {image}
Thank you, my friend. Much appreciated abstract.
Per aspera ad astra
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