Disliked{quote} This guy is great! I have seen a lot of his stuff. Also I have followed the Traders Podcast since day one and he talks about everything related to life and trading and why. It will improve you as a Human in your daily life outside of trading and in.................earlier podcasts keep building into something better, so listen away if you have the passion.............. http://traderspodcast.com/ Start with #1, one, won, it's in the right column all the way at the bottom.................Ignored
Alien's Extraterrestrial Visual Systems
- #11,322
- Apr 12, 2015 10:00pm Apr 12, 2015 10:00pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,323
- Edited 10:28pm Apr 12, 2015 10:13pm | Edited 10:28pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,324
- Apr 12, 2015 10:16pm Apr 12, 2015 10:16pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,325
- Apr 12, 2015 10:18pm Apr 12, 2015 10:18pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,326
- Apr 12, 2015 10:26pm Apr 12, 2015 10:26pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,327
- Apr 12, 2015 10:54pm Apr 12, 2015 10:54pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #11,328
- Apr 12, 2015 11:06pm Apr 12, 2015 11:06pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,329
- Apr 12, 2015 11:08pm Apr 12, 2015 11:08pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #11,330
- Apr 13, 2015 12:38am Apr 13, 2015 12:38am
{quote} I might not say much different then marco, we talk the same language............ A lot can go up and down in a daily bar. currently the average speed is down, but, the H4, faster speed may retrace long, before the daily continues down some more. It is best to read and understand the thread and systems yourself, so you are not dependent apon others.............. Learn to catch the fish yourself and stop going to the store to buy it, as it might not be fixed the way you like it. Thanks for your question................... {image}
I know no single trade can make me or break me
- #11,332
- Apr 13, 2015 1:12am Apr 13, 2015 1:12am
- Joined Nov 2012 | Status: Trader | 13,922 Posts
{quote} Thanks a lot for the reply,am only trying to learn from your opinions how to catch fish myself,i've found out myself why shorting EUR/USD on daily is a wrong move 'cause i can now see that the green stoch is still above 50,thanks again.am still at the crawling stage i guess
The More You Learn, The More You Earn.....
- #11,333
- Apr 13, 2015 1:14am Apr 13, 2015 1:14am
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #11,334
- Apr 13, 2015 4:23am Apr 13, 2015 4:23am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} Sitting on your hands when direction is not clear is a great thing................. Just make sure you trade the same direction as the next higher TF you are trading from and the trade should always come back to you.............. If the Daily is long, don't go short on the H4, wait for the retrace and enter long again. TIP for ALL: When indi's are near the top or bottom and ranging, this is time to sit on your hands.................from there you wait for the breakout...
Per aspera ad astra
- #11,335
- Apr 13, 2015 7:04am Apr 13, 2015 7:04am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
{quote} Correct , the M1 and M5 and M15 all bottomed on the sto's and are making a first attempt long, some 20 minutes ago........... Always go with the follow , until you see failure / reversal . Let it reset and then look for continuations..........
I thought that PA could rest some more on EU.
Missed my entry,was at work.
A DS on M30 and H1 was the clues we needed.
Still looking at daily 8,3,3 sto,it should get back up for a x cross?
Work smarter,not harder
- #11,336
- Apr 13, 2015 8:32am Apr 13, 2015 8:32am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,089 Posts
AUDNZD. 4H has flag pattern. BBS currently and when it breaks out, it can go either side for about 100 pips each.... 
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #11,337
- Apr 13, 2015 8:43am Apr 13, 2015 8:43am
{quote} Yes sharing is learning, it takes time to remold the human brain. Take Baby steps first (one system only ( DS or ADX or rubber band trades)), then human steps,then Baby Alien steps, then Human Alien steps, and finally Alien steps. Someday you might even be able to run .................
yes, I first started with just the RSIoma/DS system...
keeping it simple with just a couple timeframes is good practise to start learning waves within waves..
eg... EURAUD 4h:
Note when RSIoma crosses the 50 level for direction, and you can assume this is the beginning of a wave
then look at EURAUD 1h:
Wait for RSIoma to go short and then cycle back long or look for DS trades to now enter a wave within a wave...
Now, if RSIoma 1h cycles short again while 4h stays short, we will have another opportunity for a sell entry.. simple.
Once you get a good feel for that, you can add more TFs for better alignment.. add the ADX to confirm power or find contraction.. then learn the stochs for rubberbands, X-crosses, finding tops/bottoms and divergence.. the RSIoma also helps with tops/bottoms and divergence.
Then when you think you got it all.. re-read the thread.. you'll probably find a few more "ah-ha" moments.. I suggest re-reading this thread until you have no more
I'm currently on my 3rd read through with a ton of important posts bookmarked for easy reference.. finally feel like all the lights have turned on, though I'm sure I'll find a few more gems on my 4th read
- #11,338
- Apr 13, 2015 12:10pm Apr 13, 2015 12:10pm
RSIoma/DS trade example from today...
NZDCHF H1 RSIoma was short:
NZDCHF 15m let you get short on the H1 wave with a DS setup:
Bit of a late entry but still good for about 37 pips with very little drawdown and just using London close time as an exit (I know ADX is a better exit, but London close is still something I still look at for intraday trades based on smaller timeframes).
Anyway, RSIoma/DS is an effective yet simple system in itself..
NZDCHF H1 RSIoma was short:
NZDCHF 15m let you get short on the H1 wave with a DS setup:
Bit of a late entry but still good for about 37 pips with very little drawdown and just using London close time as an exit (I know ADX is a better exit, but London close is still something I still look at for intraday trades based on smaller timeframes).
Anyway, RSIoma/DS is an effective yet simple system in itself..
