Alien's Extraterrestrial Visual Systems | Page 594 | Forex Factory

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Alien's Extraterrestrial Visual Systems

  • #11,861
  • Apr 28, 2015 8:38am Apr 28, 2015 8:38am
Quoting forexalien
{quote} There was GU news last night, also there are going to be pull backs in the trend , taking profit, it is best to wait for a pull back to take an entry, the H4 on GU shows long on the RSIoma and that is the trend direction. You will have to battle Fear and greed within yourself to complete this journey. Please practice on a demo until your learn phase is over.............. Thanks Alien If you can post your entry more help will be available................
Thanks for your answer. The problem is that I don't understand when the rsioma is up 80 with adx expanding if the price is ready to start or drop 80 pips before to go long like this morning.
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  • #11,862
  • Apr 28, 2015 8:54am Apr 28, 2015 8:54am
Quoting pebble08
{quote} Thanks for your answer. The problem is that I don't understand when the rsioma is up 80 with adx expanding if the price is ready to start or drop 80 pips before to go long like this morning.{image}
Before thinking in going long,check for divergences.
They are important because that's what makes the price change his direction.
On your chart,i don't see any divergence,only when PA dropped like that you have bullish divergence on 21 sto to continue the ride.
If you see bearish divergence don't enter,wait for a bullish divergence to follow the trend.
Like,if you have a bullish full blown trend in higher tfs,look lower tfs for indication of pause(bearish div) or continuation(bullish div).
It's a important rule in my book.
Just my opinion.

PS:You will notice many times when you see a DS setup like that and follow M5 or M15 for entry,you will see a fake to the opposite direction to create divergence.
Work smarter,not harder
  • #11,863
  • Apr 28, 2015 11:10am Apr 28, 2015 11:10am
Quoting jmn5611
{quote} Thank for the input jCC. Is there an indie, like I saw on marcof's charts? Is there an ADX meter like that one?
yes jmn5611, that is the link I sent you.
It can be adjusted from 1 to 5 bars and shifted left/right, up/down
Darren
*Warning* Rookie forex trader! Approach with Caution!
  • #11,864
  • Apr 28, 2015 11:26am Apr 28, 2015 11:26am
DAX 5 M. - two entries short today with BBS and DS.
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Per aspera ad astra
  • #11,865
  • Apr 28, 2015 11:30am Apr 28, 2015 11:30am
Quoting Dcc66
{quote} yes jmn5611, that is the link I sent you. It can be adjusted from 1 to 5 bars and shifted left/right, up/down Darren
Thanks Darren, the other aliens helped me figure it out. I appreciate your response.
If you are good at something, never do it for free--Joker
  • #11,866
  • Apr 28, 2015 11:39am Apr 28, 2015 11:39am
Quoting jpadvisor
DAX 5 M. - two entries short today with BBS and DS. {image}
Well done! Very nice ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #11,867
  • Apr 28, 2015 11:46am Apr 28, 2015 11:46am
DS is in progress:

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  • #11,868
  • Apr 28, 2015 12:04pm Apr 28, 2015 12:04pm
Quoting FXKabab
{quote} Hi marco, problem should be solved now. Also added user configurable "Xshift" and "Yshift" parameters so you can shift the dashboard left/right and up/down, as needed. Please give this a test run over the weekend and let me know if you run into any more issues. {file}
FXKabab,

Thank you for the dash, works perfectly.
  • #11,869
  • Apr 28, 2015 1:08pm Apr 28, 2015 1:08pm
Quoting jmn5611
{quote} I agree. If I took this trade I would expect some DD, but it would be better to wait for another cycle up.
As it happened, the fast sto stayed up there on the H1 and you would have missed the move by waiting for it to cycle down first. Its a tricky snake. On the M15 however, you would have caught most of the move if you had waited for the fast sto to cycle down then rubberband up. It seems to me there is no substitute for 'seat time', as master has said.
  • #11,870
  • Apr 28, 2015 2:15pm Apr 28, 2015 2:15pm
Quoting Zimbinga
{quote} As it happened, the fast sto stayed up there on the H1 and you would have missed the move by waiting for it to cycle down first. Its a tricky snake. On the M15 however, you would have caught most of the move if you had waited for the fast sto to cycle down then rubberband up. It seems to me there is no substitute for 'seat time', as master has said.
Yes, this is true. I met Alien over the weekend. I decided to read his thread because I received inspiration from him. I wanted to see if his template was better than mine. Turns out that they on on par. His, however, are lighter than mine on the CPU.

Alien trading is good, even if you are sloppy. He keeps you with you with the trend.
If you are good at something, never do it for free--Joker
  • #11,871
  • Apr 28, 2015 2:59pm Apr 28, 2015 2:59pm
here you are another trade to take

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Good luck !!!
  • #11,872
  • Apr 28, 2015 3:47pm Apr 28, 2015 3:47pm
Quoting jmn5611
{quote} Just wanted to thank you in person for the indie FXKabab
Quoting anima999
{quote} FXKabab, Thank you for the dash, works perfectly.
You're welcome.. hope you get some good use out of it.
  • #11,873
  • Apr 28, 2015 4:50pm Apr 28, 2015 4:50pm
Quoting jmn5611
{quote} Thanks Alien, I knew that you used top down analysis from reading over the weekend. You have developed a tightly integrated group of systems here. Nice work and a great share!
Always top down, you figure out each TF and the direction it is traveling , all same direction together is the best for entries..............
The More You Learn, The More You Earn.....
  • #11,874
  • Apr 28, 2015 4:59pm Apr 28, 2015 4:59pm
Can anyone recommend a currency strength indicator?

I know there are a few around and some websites offer it but oddly enough they sometimes have different results. I might give it a try so I can home in the plum pairs quicker. I haven't got alien's method down to a couple of mins just yet and time is precious in the morning.
  • #11,875
  • Apr 28, 2015 5:02pm Apr 28, 2015 5:02pm
Quoting pebble08
{quote} Thanks for your answer. The problem is that I don't understand when the rsioma is up 80 with adx expanding if the price is ready to start or drop 80 pips before to go long like this morning.{image}
get a bunch of screen time in and study the indi's as they move and re-read the thread.........it will come to you....
The More You Learn, The More You Earn.....
  • #11,876
  • Apr 28, 2015 5:04pm Apr 28, 2015 5:04pm
What a week for AU and today is no different................
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The More You Learn, The More You Earn.....
  • #11,877
  • Apr 28, 2015 5:10pm Apr 28, 2015 5:10pm
Quoting forexalien
What a week for AU and today is no different................ {image}
A neat little trick I have been doing lately is as long as the trend does not change, I have been taking profit every session or two, and then just re-entering right away with the same position. 2 lots , 2 lots, 2 lots...........

This gives me more margin in the bank, then when a pull back shows up, I find the bottom again, I add positions when it takes of again.

Most times you always get 2 chances to enter or exit a trade because PA most always test the bottom or tops twice.

you never lose this way.
The More You Learn, The More You Earn.....
  • #11,878
  • Apr 28, 2015 5:14pm Apr 28, 2015 5:14pm
Quoting forexalien
What a week for AU and today is no different................ {image}
ive got AU sitting on the take line. still a buy?
  • #11,879
  • Apr 28, 2015 5:18pm Apr 28, 2015 5:18pm
Quoting forexalien
{quote} A neat little trick I have been doing lately is as long as the trend does not change, I have been taking profit every session or two, and then just re-entering right away with the same position. 2 lots , 2 lots, 2 lots........... This gives me more margin in the bank, then when a pull back shows up, I find the bottom again, I add positions when it takes of again. Most times you always get 2 chances to enter or exit a trade because PA most always test the bottom or tops twice. you never lose this way.

Please can you show this with a chart please maybe more then me will be happy and think it is more easy to understand wit ha chart


Best regards
  • #11,880
  • Apr 28, 2015 6:04pm Apr 28, 2015 6:04pm
Quoting anima999
Can anyone recommend a currency strength indicator? I know there are a few around and some websites offer it but oddly enough they sometimes have different results. I might give it a try so I can home in the plum pairs quicker. I haven't got alien's method down to a couple of mins just yet and time is precious in the morning.
I occasionally refer to the following site: http://www.actionforex.com/markets/d...2009031181561/
Please note strength meter shows you the strong currencies in the past, not future. Basically, i think it's useless.
Simplicity is the ultimate sophistication - Leonardo da Vinci
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