Alien's Extraterrestrial Visual Systems | Page 509 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CRB Alien!! 215 replies

MT5 indicators for Alien’s trading systems 40 replies

Visual backtest result different from non-visual backtest 0 replies

Systems, Systems and Systems... 1 reply

“Alien Infector,” an MT4 script idea 2 replies

Attachments: Alien's Extraterrestrial Visual Systems
Exit Attachments

Alien's Extraterrestrial Visual Systems

  • #10,161
  • Mar 9, 2015 7:11am Mar 9, 2015 7:11am
Quoting traderbola
{quote} Hello Mubinirl Dashboard makes easier to read but I prefer watching the indicators' dance.... Dashboards might tell you whether buy side or sell side gaining strength but movement of the indicator will tell you more.... you can see divergences.... and direction... more clear than dashboard.... Just my two cents.....
Dear Sir, very true. But dashboard for me would me to make entry to see that all TF's are on the same side. Helps from switching TF's.

Thanks
Be the change that you want to change
  • #10,162
  • Mar 9, 2015 7:22am Mar 9, 2015 7:22am
Quoting traderbola
{quote} Hello Dabestone.... You can use Jpadvisors ADX dash here or you can confirm with bigger TF's 8.3.3 stock direction....
Thanks a lot mate!!!

Now time for me to catch up!!!
Discipline is PRIMARY, Method is Secondary.....
  • #10,163
  • Edited 7:55am Mar 9, 2015 7:43am | Edited 7:55am
I just want to share this with you Guys.
We all know Master's system is very powerful system when we are disciplined enough to follow.

I decided to take a million dollar journey with initial deposit of $1,000. This is high leverage strategy, so If you wanna follow you have to be very careful before you take the trade. And follow the all rules.......... Leverage will be 1:20 and only one trade at the same time. Target will be around 25 pips. When I see H1 DS set up I take the trade with lower time frames, So we all know that H1 DS will create at least 30 pips for sure when you follow the all rules. We need 200 trades to reach the target.
20 trades will double the account, until you double the account you don't change the leverage, so you take 0.20 lots for the beginning 20 trades. and when you double it, you will have 2000$ in your account and next 20 trades will be the same scenario 1:20 leverage with target about 25 pips. so you take 20 trades with 0.40 lot...... if you only take H1 ds set ups and follow lower time frames to enter you should hit 25 pips target easily.
So if you take 1 trade per day and hit the target you can reach million after 200 trading days

I've attached excel file, if you are interested you might have a look, I write it down lot size and target in $ for each trade until you reach million
Let's have a great journey together!!!!

P.S you take the trade on your own risk.

EDIT: CHECK ECONOMIC CALENDAR FIRST and never trade before or after the news.... when you follow all rules it will hit you 25 pips target but this is market anything could happen thus SET you stop loss about 100-200pips. again on your own risk.
Attached File(s)
File Type: xlsx TB's million dollar journey.xlsx   30 KB | 730 downloads
Journey is more important than destination
  • #10,164
  • Mar 9, 2015 7:44am Mar 9, 2015 7:44am
Quoting mubinirl
{quote} Dear Sir, very true. But dashboard for me would me to make entry to see that all TF's are on the same side. Helps from switching TF's. Thanks
Agreed.... I dont have it but may be some other guys have this dashboard.....
Good Luck with your trading!
Journey is more important than destination
  • #10,165
  • Mar 9, 2015 7:49am Mar 9, 2015 7:49am
Quoting traderbola
I just want to share this with you Guys. We all know Master's system is very powerful system when we are disciplined enough to follow. I decided to take a million dollar journey with initial deposit of $1,000. This is high leverage strategy, so If you wanna follow you have to be very careful before you take the trade. And follow the all rules.......... Leverage will be 1:20 and only one trade at the same time. Target will be around 25 pips. When I see H1 DS set up I take the trade with lower time frames, So we all know that H1 DS will create at...
TB what about stop loss?
  • #10,166
  • Mar 9, 2015 7:51am Mar 9, 2015 7:51am
Quoting Dabestone
{quote} Thanks a lot mate!!! Now time for me to catch up!!!
Always welcome ......
we'll be only happy to see new comers here,

Just keep learning this system until you master it..... when you do, you will have extraterrestrial confidence on your trades....

Good luck with your journey!
Journey is more important than destination
  • #10,167
  • Mar 9, 2015 7:53am Mar 9, 2015 7:53am
Quoting FX MiG
{quote} TB what about stop loss?
When you follow the all rules you dont need stop loss.... becuase 25pips for DS set up is kind of sure thing.... but you dont know the market of course.... In case I set my SL 200 pips...

And NEVER take the trade before or after the news!
Journey is more important than destination
  • #10,168
  • Mar 9, 2015 8:29am Mar 9, 2015 8:29am
Quoting traderbola
I just want to share this with you Guys. We all know Master's system is very powerful system when we are disciplined enough to follow. I decided to take a million dollar journey with initial deposit of $1,000. This is high leverage strategy, so If you wanna follow you have to be very careful before you take the trade. And follow the all rules.......... Leverage will be 1:20 and only one trade at the same time. Target will be around 25 pips. When I see H1 DS set up I take the trade with lower time frames, So we all know that H1 DS will create at...
Dear traderbola,

I'm new to forex. Luckily came across master's thread and now I have a long journey ahead to learn it. But since I'm new to forex, I wonder if it is actually possible to do what you have suggested in this post? How realistic is this? Don't get me wrong, I'm asking because I don't know. I'm not questioning it. Just asking to identify the potential.

Thanks!
Cheers!

PS: How long did it take you to master it? I know different people would take different time. But just curious.
  • #10,169
  • Mar 9, 2015 8:33am Mar 9, 2015 8:33am
Quoting traderbola
{quote} When you follow the all rules you dont need stop loss.... becuase 25pips for DS set up is kind of sure thing.... but you dont know the market of course.... In case I set my SL 200 pips... And NEVER take the trade before or after the news!
No news condition would be very hard to keep in my opinion as while I observe DS setups very often are fueled by the news.
DS develops before news and is triggered by the news
  • #10,170
  • Mar 9, 2015 9:03am Mar 9, 2015 9:03am
Guys,

Our mentor alien already gave us a very simple system for beginners that will help to understand all the mechanics of the different systems u have on ur chart.

Start with 100 sto and understand the importance of mtf analyse. Understand rsioma guidelines and ds moves, understand importance of adx momentum on ur side and the contraction, expantion and fade away of adx wave, understand bbs and identifying ranging zones . Understand the moves of the 3 different sto´s to find setups , catch bottoms and tops and finally visualizing all the waves within the waves, grabbing the pulse of the market to become more close to an alien being.

I myself still evolving and let me tell u is not easy and it is very hard work and depends on the hours u have available and how much u dedicate to it.
But i can tell u if u use mm with positive expected value from the start only using 100 sto just like alien shared with us when he last returned to earth to visit and guide us gain, u will profit at the end of the week.

Start ur demo now
  • #10,171
  • Mar 9, 2015 10:30am Mar 9, 2015 10:30am
Quoting traderbola
GOLD H1 This might give us another short trade opportunity..... {image}
Thank you Bro. Collected + 42.
Per aspera ad astra
  • #10,172
  • Mar 9, 2015 10:48am Mar 9, 2015 10:48am
Quoting traderbola
Master Alien, Could you please share your thoughts on this kind of scenario...? RSIOMA above 80... and 100 stock below 50... and other stock are above 50.... Which side has more power here, bulls or bear?? I'm betting on bears.... {image}
What pair was that ?

Normally when it creeps up like that , I would wait for a confirmed turn down. check surrounding TF's for clues.............
The More You Learn, The More You Earn.....
  • #10,173
  • Mar 9, 2015 10:52am Mar 9, 2015 10:52am
Quoting randika10010
{quote} Thanks heaps my friend! You saved XXX hours of my life . I just started learning the system and going through and finding our master's/ guru's posts were bit tiring. These good karma will come back to you in forms of huge winning trades!!! . Now I can easily let my brain soak all that pure goodness through your pdf. Thanks! Cheers!
Thank you!
Always happy to help others to succeed in this long journey.
Work smarter,not harder
  • #10,174
  • Mar 9, 2015 10:57am Mar 9, 2015 10:57am
Quoting randika10010
{quote} Dear traderbola, I'm new to forex. Luckily came across master's thread and now I have a long journey ahead to learn it. But since I'm new to forex, I wonder if it is actually possible to do what you have suggested in this post? How realistic is this? Don't get me wrong, I'm asking because I don't know. I'm not questioning it. Just asking to identify the potential. Thanks! Cheers! PS: How long did it take you to master it? I know different people would take different time. But just curious....
Hello Randika10010

I used to be a newbie like you years ago.... and took me tons of reading and practicing .... and still learning about FXmarket....

I started to follow Master in May 2013........ since then He was my true inspiration.... And followed his post at FF.....
There used to be very active thread called EYI and Master used to post analysis there...... He shared his system indicators at EYI before he start this thread... .... since then I've been learning ..... even you know the rules but it takes time until you master it and discipline yourself.... Almost a year later I become profitable... but there was a break time when I got health issues.... now focusing more on this system.....

How realistic million dollar goal? It's equal to your level of discipline... If you are 100% disciplined then it's 100% realistic ......

Below my last 5 trades....

Good luck on your journey!!!

P.S if you are completely new at FX market I would suggest you to finish www.babypips.com/school .... then start your journey with this system....
Attached Image (click to enlarge)
Click to Enlarge Name: DMS.jpg Size: 100 KB
Journey is more important than destination
  • #10,175
  • Mar 9, 2015 10:58am Mar 9, 2015 10:58am
Quoting forexalien
{quote} What pair was that ? Normally when it creeps up like that , I would wait for a confirmed turn down. check surrounding TF's for clues.............
It was GOLD 15m chart.....
Thank you Master......
Journey is more important than destination
  • #10,176
  • Mar 9, 2015 11:00am Mar 9, 2015 11:00am
Quoting traderbola
I just want to share this with you Guys. We all know Master's system is very powerful system when we are disciplined enough to follow. I decided to take a million dollar journey with initial deposit of $1,000. This is high leverage strategy, so If you wanna follow you have to be very careful before you take the trade. And follow the all rules.......... Leverage will be 1:20 and only one trade at the same time. Target will be around 25 pips. When I see H1 DS set up I take the trade with lower time frames, So we all know that H1 DS will create at...
Looks interesting,but if our stop loss of 100 pips is hit we just lost 4 trades of 25 pips,imagining that we are placing only 1 trade per day according to your rules.
So in any week if by chance we have only 1 looser we just lost one full week to be more closer to the goal.
A stop loss of 50 pips is more reasonable IMHO.
What's your thoughts?
Work smarter,not harder
  • #10,177
  • Mar 9, 2015 11:01am Mar 9, 2015 11:01am
Quoting jpadvisor
{quote} Thank you Bro. Collected + 42.
Welcome bro

Me too got 50 and get out from a scalp trade but still holding swings....
Journey is more important than destination
  • #10,178
  • Mar 9, 2015 11:06am Mar 9, 2015 11:06am
Quoting marcof91
{quote} Looks interesting,but if our stop loss of 100 pips is hit we just lost 4 trades of 25 pips,imagining that we are placing only 1 trade per day according to your rules. So in any week if by chance we have only 1 looser we just lost one full week to be more closer to the goal. A stop loss of 50 pips is more reasonable IMHO. What's your thoughts?
Yes you right, that might happen, actually I dont use SL, I just hedge it. If I enter sell... I place buy stop at 100 pips above, in case DS fails to generate 20 pips and moves against the position it will hit my buy stop... I'll get out the trade according to the system....
I take h1 trade but of course I'll confirm it with higher TF's and never take trade against H4 and Daily thus risk of PA's move against the position low.... unless something pops out fundamentally .....
Journey is more important than destination
  • #10,179
  • Mar 9, 2015 11:13am Mar 9, 2015 11:13am
Quoting Szpons
{quote} No news condition would be very hard to keep in my opinion as while I observe DS setups very often are fueled by the news. DS develops before news and is triggered by the news
Indeed bro....
I suggested no news condition because of risk concerns..... and also highly effective news .... some news don't effect PA move at all....
If we have a look all pairs we trade we might find some DS set ups on no news period..... If you are confident with other set ups which can generate 25 pips, you might give a shot....
Journey is more important than destination
  • #10,180
  • Mar 9, 2015 11:13am Mar 9, 2015 11:13am
Quoting traderbola
{quote} Yes you right, that might happen, actually I dont use SL, I just hedge it. If I enter sell... I place buy stop at 100 pips above, in case DS fails to generate 20 pips and moves against the position it will hit my buy stop... I'll get out the trade according to the system.... I take h1 trade but of course I'll confirm it with higher TF's and never take trade against H4 and Daily thus risk of PA's move against the position low.... unless something pops out fundamentally .....
Ok good.
One more thing: are you looking only for the perfect ones DS setups (one on top and the other on the floor) or you chase too half perfect DS setups (RSIOMA around 50 level)?.
Work smarter,not harder
4 traders viewing now