All trades closed for today...Need some rest 
E/J: +10 + 80
N/U: +18
A/J: +50
Total: +158 pips
E/J: +10 + 80
N/U: +18
A/J: +50
Total: +158 pips
Alien's Extraterrestrial Visual Systems
{quote}Yes,better entry is when you see a x cross developing to the downside. {quote} Also lower timeframes fail most times than higher timeframes,so you shouldn't care too much. If higher timeframes shows you strong adx power you just wait for the same power on lower timeframes,simple! {quote}Corrections is a 3 wave pattern,so if you can see these waves already (look at the stos,it will help count waves) and still you have 89 and 144 adx powered on, there shouldn't be no problem to enter. Since this is a high probability system, you just have to...
Cheers!
{quote} Stop loss is your friend! Depending on the setup tf,i always looking to gather 20 pips (1% return),40 pips (2% return) or 100 (5% return) pips. Lost 20 pips on AU but won 40 pips on UJ,done for today (at least positive).
what settings do you use? thank you if you can answer
I need a robot to the stops, I'm struggling with stop loss
help me set up, I'm the scalper style
- #10,587
- Mar 19, 2015 3:23pm Mar 19, 2015 3:23pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
{quote} what settings do you use? thank you if you can answer I need a robot to the stops, I'm struggling with stop loss help me set up, I'm the scalper style {image}
Maybe i'll try atr setting based on the entry tf but don't know what period will use.
Work smarter,not harder
- #10,588
- Mar 19, 2015 6:04pm Mar 19, 2015 6:04pm
- | Commercial User | Joined Jan 2013 | 1,524 Posts
Every man who thinks ahead of his time is sure to be misunderstood.
- #10,589
- Mar 19, 2015 6:06pm Mar 19, 2015 6:06pm
- | Commercial User | Joined Jan 2013 | 1,524 Posts
Every man who thinks ahead of his time is sure to be misunderstood.
- #10,590
- Mar 19, 2015 6:23pm Mar 19, 2015 6:23pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #10,591
- Mar 19, 2015 6:36pm Mar 19, 2015 6:36pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
anyone catch the DS on M5 on AU? Worked nice{image}
The More You Learn, The More You Earn.....
- #10,592
- Mar 19, 2015 6:38pm Mar 19, 2015 6:38pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #10,593
- Mar 19, 2015 6:41pm Mar 19, 2015 6:41pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #10,594
- Mar 19, 2015 6:47pm Mar 19, 2015 6:47pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
{quote} Hello connect ananth... Look at GJ example from yesterday,especially weekly and daily chart....Weekly is in money vawe mode and daily started to get power in downside.... So in my eyes only sell trades we looking for support larger picture... FOMC gives great strong move up probably to clear stops (look that nasty wick on H4-but candle closing was below previos resistance levels so this is one more clue)......this can affect on trader psihology to start look for buy periods,but in great Alien system we are not that naive anymore.......
I might have to try them.............
I will be over to your house soon to pick them up.........................
The More You Learn, The More You Earn.....
- #10,595
- Mar 19, 2015 6:49pm Mar 19, 2015 6:49pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
All trades closed for today...Need some rest
The More You Learn, The More You Earn.....
- #10,596
- Mar 19, 2015 6:51pm Mar 19, 2015 6:51pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #10,597
- Edited 7:52pm Mar 19, 2015 7:23pm | Edited 7:52pm
- Joined Aug 2014 | Status: Trader | 354 Posts
{quote} For scalping i use 20 pips sl and tp on fixed setting. Maybe i'll try atr setting based on the entry tf but don't know what period will use.
these Stoch's the right direction for the price, amazing
was what I needed to complete my tools, I'm talking about Stoch indicator zokynho above
I am testing a robot that helps in risk management that is what keeps us in deadly games, is called ProTrader, I found him in the Russian forum,
Russian forums has a range of experienced people in good indicators and Elliot waves, I'm testing also elwave to improve my waves count
- #10,598
- Mar 19, 2015 7:41pm Mar 19, 2015 7:41pm
{quote} Currently got 2 positions rolling +45 and +25 .. all stochs below 20 now from M1 to H1.. {image} Time to exercise patience.. will be watching 100 stoch and ADX for exit.. but what timeframe? 15m? h1? alien?!
