Journey is more important than destination
Alien's Extraterrestrial Visual Systems
- #9,562
- Feb 10, 2015 9:39am Feb 10, 2015 9:39am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
{quote} Still holding GA .... let's have a look at GU side.... Top and down.... Monthly could be divergence for bulls side... Weekly tested support line but still remain bearish.... Daily RSIOMA first time coming higher.... H4 looks bullish .... H1 mixed.... 15 mixed or bear side... {image} {image} {image} {image} {image} {image}
RSIOMA coming higher now makes hidden bearish divergence with previous jump of RSIOMA on 20 level around 14th of December.
On 21 sto is possible to see this too.
So GU may drop again.
EDIT: We still have a half DS setup on Daily tf (DS on 80 level and RSIOMA on 50 level) not perfect but could work.
Work smarter,not harder
- #9,563
- Feb 10, 2015 9:54am Feb 10, 2015 9:54am
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} Just in case you missed this technical point. RSIOMA coming higher now makes hidden bearish divergence with previous jump of RSIOMA on 20 level around 14th of December. On 21 sto is possible to see this too. So GU may drop again.
yes Marcof.... Unfortunately It's possible to drop and to test Monthly support line 2 .... However before Daily plays out H4 should finish its dance.... and I hope it will give me chance to set my SL to +20 pips or more...
Journey is more important than destination
{quote} Just in case you missed this technical point. RSIOMA coming higher now makes hidden bearish divergence with previous jump of RSIOMA on 20 level around 14th of December. On 21 sto is possible to see this too. So GU may drop again.
Daily divergence still not in play yet though and h4 doesn't seem to have completed its move... h4 is still long for now imo
- #9,566
- Feb 10, 2015 9:57am Feb 10, 2015 9:57am
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} yes correct !
Journey is more important than destination
hope Carney will be on my side 
- #9,573
- Feb 10, 2015 3:46pm Feb 10, 2015 3:46pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
One question please how do ypu scan the different pairs? Do you have 4 screens like alien also? Or how do you manage it? for me its always a problem to see on selected pairs what is happening. Do you have a solution?
Only then i drop down to lower tfs to enter on adx expansion.
I have tried several tfs charts on one screen and confuses me so this is my approach.
EDIT: I'm only watching 3 pairs. LESS IS MORE
If in trouble,stick to one girl and get to know her better.
Work smarter,not harder
- #9,574
- Feb 10, 2015 3:49pm Feb 10, 2015 3:49pm
One question please how do ypu scan the different pairs? Do you have 4 screens like alien also? Or how do you manage it? for me its always a problem to see on selected pairs what is happening. Do you have a solution?
1. Once a day (or sometimes less frequently) I go throught different currency baskets on higher TF's (mostly Daily and 4h) Each basket contain pairs facing one direction. eg: EURxxx, USDxxx. This makes it easier for me to select a pair or even a whole basket to focus on.
2. I build another set of pairs, usually 4-6 which I focus on lower TF's, usually 1h/30min. I'm adding Gold, Oil, S&P, DAX and FTSE to the set. That way I can focus on only those pairs which I consider generous to give me some pips and ignore those lazy ones or less attractive setups
3. Next day repeat. Higher TF's, set of pairs...
- #9,576
- Feb 10, 2015 5:14pm Feb 10, 2015 5:14pm
@traderbola
thank you ! I appreciate your answer of course! And you are firm in correlations. you have the same thoughts than me i have something like a dashbord but it is never changed (have to think about that!) in order to see signals comming.
I have it like this also in h1 ( for the night in h4)
thank you ! I appreciate your answer of course! And you are firm in correlations. you have the same thoughts than me i have something like a dashbord but it is never changed (have to think about that!) in order to see signals comming.
I have it like this also in h1 ( for the night in h4)
- #9,577
- Feb 10, 2015 7:44pm Feb 10, 2015 7:44pm
Hi everyone,
I have a view of GBP/AUD for both the short and long term. I could be way off base and totally miss this one so I welcome opinions and views.
I am still trying to learn Alien's system so any lessons, advice or correction is much appreciated. thanks
Short term: price runs up through resistance (4hr) getting traders long and taking out some stops.
Long term: price sells off (daily, weekly)
I have a view of GBP/AUD for both the short and long term. I could be way off base and totally miss this one so I welcome opinions and views.
I am still trying to learn Alien's system so any lessons, advice or correction is much appreciated. thanks
Short term: price runs up through resistance (4hr) getting traders long and taking out some stops.
Long term: price sells off (daily, weekly)
