Alien's Extraterrestrial Visual Systems | Page 646 | Forex Factory

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Alien's Extraterrestrial Visual Systems

  • #12,901
  • Jun 25, 2015 5:58pm Jun 25, 2015 5:58pm
Quoting Thiagorosa
{quote} Because i was remembering this replied that Alien gave to Jpadvisor about hidden divergences, so i never tried to find them with Rsi. {quote}
And Alien once said that divergences are 95% or better right, so i was just trying to know how powerful those hidden ones are.
  • #12,902
  • Jun 25, 2015 6:28pm Jun 25, 2015 6:28pm
Quoting Thiagorosa
{quote} I think i just changed this, Green for momentum, Red for not, the direction you will need to look at the Advanced ADX histogram. {image}
thanks, thiagoroso, i try to follow your chart, this is my chart now
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  • #12,903
  • Jun 25, 2015 6:51pm Jun 25, 2015 6:51pm
AU short, all adx green ('best momentum'), +15 pips
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  • #12,904
  • Jun 25, 2015 10:47pm Jun 25, 2015 10:47pm
Ok Pipsters, I have to make a comment about the current market.
I keep daily Pivot point records, such as opening gap, distance travelled away during the day, distance travelled to/thru the pivot point and a few more.
I see the changes daily and what is happening on all but two or three pairs is uniform across the board.
currently, there is a descending pivot point distance at price open, moves away from and to the pivot point are decreasing – this is saying every pair bar two or three is forming a pennant or flag.
Today there are only 12 pairs with 2 or more subsequent colour days BUT – only 6 with three or more – this is saying daily we are in oscillation mode – NO TRENDS at all and what’s more those days that have 4 subsequent colors (only 2) the daily moves are very small, most with doji candles.
Whats more, of the 18 new daily candles, 16 were new daily yesterday - the market is oscillating around a decreasing pivot point gap - red,green, red, green = no trend.
The GBPNZD – usually the biggest mover is reduced to a blubbering, quivering mess, only 53 pip move to/thru the PP yesterday.
Today – the largest PP gap is 32, with many in single digits – again, telling us there is NO volatility in the markets.
So – the market is now reduced to three or four pairs that ‘might’ move over 20 or more pips and provide scalping opportunities on the m15 – it's a scalpers paradise but for those of us who prefer the H4 or longer trades - it's a killing field.
Look at the DS gap trades of the past few days - none have materialised into any meaningful trade - even the H4 gaps which usually give weeks of entertainment.
For me, its holiday time until the Greek issue is resolved -
The more I learn the more I don't know
  • #12,905
  • Jun 26, 2015 12:04am Jun 26, 2015 12:04am
Quoting Gonzaga
Last one... GJ H1 bearish hidden divergence on sto 21 with bearish divergence on weekly {image}
GJ H1 bearish hidden divergence update
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  • #12,906
  • Jun 26, 2015 12:06am Jun 26, 2015 12:06am
Quoting Gonzaga
UC H1 hidden bullish divergence with ds setup developing on weekly {image}
UC H1 hidden bullish divergence update
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  • #12,907
  • Jun 26, 2015 12:08am Jun 26, 2015 12:08am
Quoting Gonzaga
AU H1 hidden bearish divergence with ds setup developing on weekly {image}
AU H1 hidden bearish divergence update
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  • #12,908
  • Jun 26, 2015 12:09am Jun 26, 2015 12:09am
Quoting Gonzaga
GU H1 bearish hidden divergence {image}
GU H1 bearish hidden divergence update
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  • #12,909
  • Jun 26, 2015 12:11am Jun 26, 2015 12:11am
Quoting Gonzaga
{quote} mm manipulated price way up above 2.29 with news release to fill they sell orders and stop hunt shorts creating bearish hidden divergence. only regret not entering at that top ... {image}
GN H1 hidden bearish divergence
divergence still in progress ... like i said only regret not entering short exactly at that top...
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  • #12,910
  • Jun 26, 2015 12:15am Jun 26, 2015 12:15am
Quoting Thiagorosa
{quote} And Alien once said that divergences are 95% or better right, so i was just trying to know how powerful those hidden ones are.
well as you can see all hidden divergences have developed.... learning is not only doing as we are told or teached... true learning is experimenting practicing defying what u are told using new stuff discovered to test and validate old stuff so we can evolve and learn new things...
  • #12,911
  • Jun 26, 2015 3:22am Jun 26, 2015 3:22am
Quoting Gonzaga
{quote} GN H1 hidden bearish divergence divergence still in progress ... like i said only regret not entering short exactly at that top... {image}
Still holds the same ... and after all still had the chance to go to the top again so mm and sm could fill some more sells ! we have gbp news coming in 4 hours.
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  • #12,912
  • Jun 26, 2015 3:27am Jun 26, 2015 3:27am
Quoting Gonzaga
{quote} AU H1 hidden bearish divergence update {image}
This one went down like a rock...

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  • #12,913
  • Jun 26, 2015 5:39am Jun 26, 2015 5:39am
These last few pages seem all about divergence, i like divergence, studied it for years and it is good but I like the Alien method more as it is much more reliable in my opinion

Still learning, caught up on the reading marathon for every page, now on my second pass to get my head and notes straight so i can start posting my trades, i hope this thread remains Alien based whilst i get my act together
  • #12,914
  • Jun 26, 2015 5:57am Jun 26, 2015 5:57am
Quoting TradeFinder
These last few pages seem all about divergence, i like divergence, studied it for years and it is good but I like the Alien method more as it is much more reliable in my opinion Still learning, caught up on the reading marathon for every page, now on my second pass to get my head and notes straight so i can start posting my trades, i hope this thread remains Alien based whilst i get my act together
All divergences were based on alien system... bbs adx 21 sto cross x dds ... did u look at them at all...... ?
  • #12,915
  • Jun 26, 2015 6:00am Jun 26, 2015 6:00am
every one
  • #12,916
  • Jun 26, 2015 6:06am Jun 26, 2015 6:06am
Quoting TradeFinder
every one
i made drawings and stuff so u can see just on the last pic posted LOL
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  • #12,917
  • Jun 26, 2015 6:20am Jun 26, 2015 6:20am
I like what Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."

Anyway, divergence can be a powerful tool when it's used correctly....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #12,918
  • Jun 26, 2015 6:22am Jun 26, 2015 6:22am
Quoting Gonzaga
{quote} This one went down like a rock... {image}{image}
I'm on this one and EU since the start of the week and i will hold them till daily tf says to me something different.
Work smarter,not harder
  • #12,919
  • Jun 26, 2015 6:22am Jun 26, 2015 6:22am
This system is really wonderful, But i always like to keep it real simple,
Can some veteran on this system, kindly share how to take trade and exit on this system.
I know its a newbie question, but hey we learn everyday.

Thanks in advance, sarcasm is welcomed

Rgds
Motivation is what gets you started. Habit is what keeps you going
  • #12,920
  • Jun 26, 2015 6:25am Jun 26, 2015 6:25am
Quoting heispark
I like what Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."...
what better then alien system to filter it?
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