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  • #13,141
  • Jul 10, 2015 4:49pm Jul 10, 2015 4:49pm
Quoting Idris.Brazil
{quote} Ol Thiago, Obrigado por sua anlise geral e dica sobre o ADX Alien (alterei a cor e fica mesmo muito mais fcil a visualizao, veja anexo). Voc poderia compartilhar comigo o indicador que aparece na janela 2 do seu template publicado no seu post no. 13087? Pelo que entendi da sua resposta no o indicador do Nihilist que estou utilizando aqui.. quero comparar e deixar meu template mais parecido com o seu. (inclusive vou acrescentar o Zig Zag pois facilita tambem na visualizao de divergncias)... tambem estou trabalhando/estudando para aprender...
Hi Idris, you are welcome. That indicator on my template that you marked, is from Nihilist also, i just tweaked it a little bit to look more like the dashboard of Alien by changing the colors to "green" when there is power and "red" when there is no power, so if you spot a green box there, you should look at the ADX of Alien to know the direction, the settings you can see here on a previous post of mine http://www.forexfactory.com/showthre...61#post8346961. And very nice on learning about the divergences, they are very powerful signals and we use them alot here.

And you are right, we should keep the english posts here, i was just trying to add some "culture" to the thread since i know that are some brazilian lurkers that comes here and follow the thread, it would be nice if they post their charts and ask questions just like you. I also improved my english learned by watching movies alot in here .

Have a good weekend you too .
  • #13,142
  • Jul 10, 2015 6:10pm Jul 10, 2015 6:10pm
Quoting Songok
Hey guys i want to start a discussion, I was struggling with the system for some time. For about a month i get consistent results week after week, but still i have some trouble with staying profitable. I have a win rate like 70-80% but I let my profits melt away, Alien's advice to get out of the trade when 21 stoch turns down helped me a lot but im still tweaking it. I trade mostly H4+ setups and sometimes this method is too slow to get out of the trade (or sometimes Im not disciplined enough to get out on the first sign of reversing - Im working...
Set 70 pips every time and then in 12 hours access the trade again.
The More You Learn, The More You Earn.....
  • #13,143
  • Jul 10, 2015 7:03pm Jul 10, 2015 7:03pm
I took this trade and sold short on 7/9/15 @2:17. It worked out eventually but right after I got in this pair went up by 70 pips before it dropped back and went on down 65 pips for me to take profit. I would like to improve and locate a better entry so please assist and help me learn.

15 M chart, RSIMOA, Sto 8 slopping down. ADX expanding. green sto was still below 20 but slowly sloping up.

1H. RSIOMA, DS, green sto all slopping down. ADX mixed. sto 8 was slopping up.

4h. RSIOMA, DS, Sto8 were slopping down. green sto was slopping up but still below 20 (was this a big clue?)

Daily. RSIOMA, DS, green sto all slopping down. sto 8 was coming up
weekly was clearly showing down pressure.

WAS IS CORRECT FOR ME TO SHORT IT?
WAS THERE A WAY FOR ME TO KNOW IT WOULD HAVE COME UP FIRST BEFORE IT WENT DOWN? IF SO, HOW WOULD YOU GO ABOUT KNOWING WHAT PRICE TO SHORT IT AT?

Thank you all.
Attached Image(s) (click to enlarge)
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  • #13,144
  • Jul 10, 2015 8:14pm Jul 10, 2015 8:14pm
Quoting Thiagorosa
{quote} I Believe this DS on H4 will play as a cross trade short, and that chart space on H4 is a whole week, so the move should begin next week probably, what do you think Alien? {image}

The average weekly movement (from peak to trough) for this pair is about 276 pips.
average daily move is 79 pips

the indicator lines you see are weekly pivots (blue is the pivot, purple is support 1, yellow is resistance 1).

I have a long bias but just like you feel it would go down first before continuing long. Since I am not able to be in front of PC all day, I can only set limit buys. I am going to set a limit by 79 pips below the drawn upper blue line (#1) and a larger buy around 158 pips area (#2) and see how that works out.
Attached Image (click to enlarge)
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  • #13,145
  • Jul 10, 2015 9:18pm Jul 10, 2015 9:18pm
Quoting Zimbinga
{quote} H4 & Weekly have DS setting up long - sit on hands to see if that fails and price comes back from resistance? Do appreciate you are saying long term not now...
This is why we watch the change within all TF's. A DS trade can fail and the RSIoma then changes to the dark side......................
Attached Image (click to enlarge)
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The More You Learn, The More You Earn.....
  • #13,146
  • Jul 10, 2015 9:23pm Jul 10, 2015 9:23pm
Quoting awcharts
I took this trade and sold short on 7/9/15 @2:17. It worked out eventually but right after I got in this pair went up by 70 pips before it dropped back and went on down 65 pips for me to take profit. I would like to improve and locate a better entry so please assist and help me learn. 15 M chart, RSIMOA, Sto 8 slopping down. ADX expanding. green sto was still below 20 but slowly sloping up. 1H. RSIOMA, DS, green sto all slopping down. ADX mixed. sto 8 was slopping up. 4h. RSIOMA, DS, Sto8 were slopping down. green sto was slopping up but still below...
There will always be a retrace, nothing moves for too long in one direction.

The 21 sto might be the trend, but the 8,3,3 will retrace against it.
The 100 sto might be the trend, but the 21 sto will retrace against it .
As long as you are following one of the larger Sto's, you should be golden...........
The More You Learn, The More You Earn.....
  • #13,147
  • Jul 10, 2015 9:58pm Jul 10, 2015 9:58pm
Quoting forexalien
{quote} There will always be a retrace, nothing moves for too long in one direction. The 21 sto might be the trend, but the 8,3,3 will retrace against it. The 100 sto might be the trend, but the 21 sto will retrace against it . As long as you are following one of the larger Sto's, you should be golden...........
Thank you Alien. My fear is an obvious one, which is how do I know the lower time frame/lower sto's is not the beginning of a reversal that eventually turns the direction of the larger time frame?

If H4, D chart says to buy and lower time frames says to sell. Logically, I would look to see if there are any power on ADX. If it starts to form the fan shape, could this possibly be the beginning of the reversal? I guess what I am really asking is, is there a way to be confident to stay with the buy without having to constantly monitor the lower time frame and see if the turn is strong enough and eventually turns the larger time frame and the pair starts to go down? (not able to access charts during the day)....
  • #13,148
  • Jul 11, 2015 2:24am Jul 11, 2015 2:24am
Quoting awcharts
WAS IS CORRECT FOR ME TO SHORT IT? WAS THERE A WAY FOR ME TO KNOW IT WOULD HAVE COME UP FIRST BEFORE IT WENT DOWN? IF SO, HOW WOULD YOU GO ABOUT KNOWING WHAT PRICE TO SHORT IT AT? Thank you all. {image} {image} {image} {image}
I grabbed your screenshot and made my analysis.
In overall, seeing the DS on H4 tf i only short if lower tfs shows me bearish divergence (or better yet imho,21 sto falling while PA rises and at the 2nd time it falls hard).
Where you pointed out,the bullish divergence on 21 sto was there after your entry,if you weren't monitoring that's okay,you were playing the trend.
I hope that my screenshot answer your questions...
Attached Image (click to enlarge)
Click to Enlarge Name: AC 15.PNG Size: 118 KB
Work smarter,not harder
  • #13,149
  • Jul 11, 2015 3:30am Jul 11, 2015 3:30am
Quoting forexalien
{quote} This is why we watch the change within all TF's. A DS trade can fail and the RSIoma then changes to the dark side...................... {image}
Thank you alien. So the Daily signal of the stos grouping at overbought, fast sto crossing 21 sto, this is saying to us be careful with the contrary signals on lower TFs, as the dark side is getting stronger? Do you attribute more weight to a signal the higher the TF in general?
  • #13,150
  • Jul 11, 2015 5:40am Jul 11, 2015 5:40am
Hello my friends,
I think there is a short signal on eur cad h1 what is your opinion?
Attached Image (click to enlarge)
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  • #13,151
  • Jul 11, 2015 11:54am Jul 11, 2015 11:54am
Quoting Thiagorosa
{quote} Hi Idris, you are welcome. That indicator on my template that you marked, is from Nihilist also, i just tweaked it a little bit to look more like the dashboard of Alien by changing the colors to "green" when there is power and "red" when there is no power, so if you spot a green box there, you should look at the ADX of Alien to know the direction, the settings you can see here on a previous post of mine http://www.forexfactory.com/showthre...61#post8346961. And very nice on learning about the divergences, they are very...
Hello Thiago, Tks friend!!

explanation about your Nihilist indicator understood. I will think a bit and perform some testings before changing colors of my Nihilist indicator. But your idea is great!!
  • #13,152
  • Jul 12, 2015 1:55am Jul 12, 2015 1:55am
Hello guys,

Thank you Alien for the great thread and the knowedge you shared and you continue sharing in it. I folowed it for a while and now I decided to trade the strategy and participate in the discussions.

The first post is a GU analysis.

H4
RSIOMA <50, pointing up, it just broke the 20 level
The price is at the upper bb band and I also see a slingshot 8 and 100 sto (downwards)
The ADX is resting
The price is testing the trendline and the 200 ema

H1
RSIOMA\price divergence (dwnwards)
Smal slingshot 8 and 100 sto's (upwards)
ADX is compressed but mostly with upward momentum

M30
RSIOMA and DS small divergence (upwards)
ADX is compressed with upwards momentum

M15
RSIOMA may hav found the top
x cross 8 and 21\100 sto's
ADX 89 and 144 are still pointing up

I appreciate any commentary at my analysis and also you opinion regarding a possibe setup and exit.

Thank you and again, great thread. I appreciate the efforts of all of the members.
Attached Image(s) (click to enlarge)
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  • #13,153
  • Jul 12, 2015 5:48am Jul 12, 2015 5:48am
Quoting awcharts
{quote} Thank you Alien. My fear is an obvious one, which is how do I know the lower time frame/lower sto's is not the beginning of a reversal that eventually turns the direction of the larger time frame? If H4, D chart says to buy and lower time frames says to sell. Logically, I would look to see if there are any power on ADX. If it starts to form the fan shape, could this possibly be the beginning of the reversal? I guess what I am really asking is, is there a way to be confident to stay with the buy without having to constantly monitor the lower...
More practice and learning should get rid of your fear, if not, you will have a longer journey learning about yourself then, because the fear is within yourself, you are born with it, we all are, only confidence removes fear. Use real micros and only trade ONE at a time, no SL. learn from what you see, and good or bad, close that trade before you enter another trade. This way you are only losing pennies and a few dollars to learn.

Using the ADX power is to your advantage, better when it is compressed first. I would not get too hung up on the lower TF's, adx fanning out, follow the larger TF first. the position of the stochastics are more important, topping , bottoming, reversals.

It will take you months to a year to get good at this if you have the passion for it.............

Last use the RSIoma on larger TF's, H4, and daily as your direction, below 50 and dropping sell , above 50 and climbing buy, always enter the H4 and Daily while they are going the same direction, if not, try another pair or just don't trade until you do...................
The More You Learn, The More You Earn.....
  • #13,154
  • Jul 12, 2015 6:13am Jul 12, 2015 6:13am
Quoting Zimbinga
{quote} Thank you alien. So the Daily signal of the stos grouping at overbought, fast sto crossing 21 sto, this is saying to us be careful with the contrary signals on lower TFs, as the dark side is getting stronger? Do you attribute more weight to a signal the higher the TF in general?
A lot of humans and Alien sometimes, see the Daily near a top or bottom or a reversal coming , it will happen, but many times we are too impatient and enter too early.
The H4 may cycle up and down 5 to 10 more times before the Daily change takes place, and during the same time, the H1 may cycle up and down 20 to 40 times before that change takes place.
We all enter too early many times and are forced to ride out a trade until it comes back to us.

Alien will trade the Daily by looking at the weekly near a bottom or top and trade the Daily to the direction of the soon to be weekly change, this way if the trade goes against me 300 pips, I know that in time the weekly will turn and the trade will always come back to me in time , providing I have the Margin and patience to ride the turn back out.

Whatever TF you are thinking to trade from, always look at the lower and the higher TF, and see if it compliments the TF you are going to trade from. It will be a yes or no, ..............No maybes...............
The More You Learn, The More You Earn.....
  • #13,155
  • Jul 12, 2015 7:24am Jul 12, 2015 7:24am
[quote=forexalien;{quote} . Alien will trade the Daily by looking at the weekly near a bottom or top and trade the Daily to the direction of the soon to be weekly change, this way if the trade goes against me 300 pips, I know that in time the weekly will turn and the trade will always come back to me in time , providing I have the Margin and patience to ride the turn back out. ,,,,,,,,,,

We all enter too early many times and are forced to ride out a trade until it comes back to us [/quote] yep sure do

trying to trade like this myself, not very successfully at times
&amp;quot;You know what needs to be addressed , completely completely reverse that&amp;quot;.
  • #13,156
  • Jul 12, 2015 10:30am Jul 12, 2015 10:30am
Quoting marcof91
{quote} I grabbed your screenshot and made my analysis. In overall, seeing the DS on H4 tf i only short if lower tfs shows me bearish divergence (or better yet imho,21 sto falling while PA rises and at the 2nd time it falls hard). Where you pointed out,the bullish divergence on 21 sto was there after your entry,if you weren't monitoring that's okay,you were playing the trend. I hope that my screenshot answer your questions... {image}
Thank you Marco! Yes, your chart makes sense and very helpful. I appreciate your time.
  • #13,157
  • Jul 12, 2015 10:32am Jul 12, 2015 10:32am
Quoting forexalien
{quote} More practice and learning should get rid of your fear, if not, you will have a longer journey learning about yourself then, because the fear is within yourself, you are born with it, we all are, only confidence removes fear. Use real micros and only trade ONE at a time, no SL. learn from what you see, and good or bad, close that trade before you enter another trade. This way you are only losing pennies and a few dollars to learn. Using the ADX power is to your advantage, better when it is compressed first. I would not get too hung up on...
Thank you Alien! I will continue to perfect using your method. So far I am doing way better with this than any other system.
  • #13,158
  • Jul 12, 2015 11:08am Jul 12, 2015 11:08am
Quoting forexalien
{quote} Set 70 pips every time and then in 12 hours access the trade again.
Do You mean set stop loss every 70 pips? So if my trade is 70 pips in profit i should set it on be and then in 12 hours I reevaluate my trade and its like 200 pips in profit i should set sl on +130 pips?
  • #13,159
  • Jul 13, 2015 12:39am Jul 13, 2015 12:39am
AUDUSD

H4

- BBS
- RSIOMA/DS divergence
- 100 sto below 20
- 21 sto below 50

H1

- RSIOMA is crossing 50 to the upside
- we have to wait for the upside cycle to find a top
- I am looking for x crosses near the resistance

M30

- RSIOMA above 50, pointing up
- 21 sto above 80
- 100 is just below the 50 level
- I am looking for divergences and x crosses
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd h4.png Size: 108 KB
Click to Enlarge Name: audusd h1.png Size: 124 KB
Click to Enlarge Name: audusd m30.png Size: 115 KB
  • #13,160
  • Jul 13, 2015 1:05am Jul 13, 2015 1:05am
Quoting zlamp
AUDUSD H4 - BBS - RSIOMA/DS divergence - 100 sto below 20 - 21 sto below 50 H1 - RSIOMA is crossing 50 to the upside - we have to wait for the upside cycle to find a top - I am looking for x crosses near the resistance M30 - RSIOMA above 50, pointing up - 21 sto above 80 - 100 is just below the 50 level - I am looking for divergences and x crosses {image} {image} {image}
Yep AUDUSD definitely on my watchlist, daily looks very bearish too, i think i will w8 for h4 21 sto to turn down.
We are not in a rush its monday
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