Little Aliens are growing!
Per aspera ad astra 
Alien's Extraterrestrial Visual Systems
- #14,361
- Edited 3:10pm Dec 21, 2015 12:52pm | Edited 3:10pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
- #14,365
- Dec 21, 2015 9:27pm Dec 21, 2015 9:27pm
NZDCAD
Monthly TF--all the three Indie window looks promising,
Weekly TF--Racing towards Top,
H4 --Already topped (recently)
H1 --Sign of Fast stoch. Faltering
Lower TF looks nice. Needs monitoring.
Please Advice. Best regards
Monthly TF--all the three Indie window looks promising,
Weekly TF--Racing towards Top,
H4 --Already topped (recently)
H1 --Sign of Fast stoch. Faltering
Lower TF looks nice. Needs monitoring.
Please Advice. Best regards
- #14,366
- Dec 22, 2015 5:26am Dec 22, 2015 5:26am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
NZDCAD Monthly TF--all the three Indie window looks promising, Weekly TF--Racing towards Top, H4 --Already topped (recently) H1 --Sign of Fast stoch. Faltering Lower TF looks nice. Needs monitoring. {image} {image} Please Advice. Best regards
This pair is nicely trending so you can add more trades at every retracement. In the CSM H4 NZD is at top and CAD is at bottom with GBP.
I don't think in these days there could be a reversal. Cheers.
Per aspera ad astra
- #14,367
- Dec 22, 2015 5:41am Dec 22, 2015 5:41am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Per aspera ad astra
- #14,369
- Dec 22, 2015 6:16am Dec 22, 2015 6:16am
{quote} Hi, after a DS is complete usually price retrace a little. This pair is nicely trending so you can add more trades at every retracement. In the CSM H4 NZD is at top and CAD is at bottom with GBP. I don't think in these days there could be a reversal. Cheers.
"This pair is nicely trending so you can add more trades at every retracement".
These and many other tips makes the day. Thanks a lot.
Best regards
- #14,371
- Edited 3:08pm Dec 22, 2015 12:54pm | Edited 3:08pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Per aspera ad astra
- #14,374
- Edited 3:58pm Dec 22, 2015 3:22pm | Edited 3:58pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} This is interesting - and I agree we can probably learn a lot by examining mistakes, and setups that go wrong. What I see here is that JP traded against the direction of the green and yellow stos, which is risky as they carry more weight than the 8,3,3. JP was relying on the 8,3,3 being overbought, but the other stos carried the price still higher. Always safer when all the stos are heading in the same direction. Alien say 'fireworks happen'.
Stochastics can stay overbought for long time so is better to watch also the direction of green that gives you the trend in the TF and enter only when it's turning.
Yellow Stoc. Gives the overall direction and if under 50 telling short and over 50 telling long.
This is how I see it.
Per aspera ad astra
- #14,376
- Dec 22, 2015 4:30pm Dec 22, 2015 4:30pm
Hello everyone. I've been here a while but haven't been active and preferred to read the threads and find my answers there. But I decide to become active in this thread because I think it is different. I don't mean that other threads are not useful (I learned lots of things from James16 thread, THV Cobra, etc) but this Alien have answers to the problems that I've been struggling years to find answers to. It has a sound philosophy behind every point. it is far beyond a simple pattern recognition or trend following systems you find here on FF. This system really gives you an analysis tool to analyze the current condition of market . It combines beautifully some major tools that is necessary to have a real edge in the market. You have a very strong tool to find trends (RSIOMA), you have multiple ADXs to show you the strength of the trend and avoid side movements, and you have stochastics to give you accurate entries during strong moves. when you have higher time frames agreement for these signals you have a system that is different! it works and will work because it is not based on some arbitrary numbers. it is based on reality.
I want to thank Alien for sharing this wonderful system freely with everyone. I've tried so many systems. believe me it is the best system in FF even better than J16 pinbar or Cobra's THV. try to learn the concepts and you won't regret it.
Below are some of my trades using this system. Pay attention to the amounts of pips gained compared to where you could place the stops. it gives you at least 1:2 Sharpe ratio and some times 1:10 or 1:20 Sharpe ratio. The astonishing point is the success ratio which is at least 4:1(80%). so the risk-reward ratio of this system is 1:7! live trade it and you will understand what I mean.
I want to thank Alien for sharing this wonderful system freely with everyone. I've tried so many systems. believe me it is the best system in FF even better than J16 pinbar or Cobra's THV. try to learn the concepts and you won't regret it.
Below are some of my trades using this system. Pay attention to the amounts of pips gained compared to where you could place the stops. it gives you at least 1:2 Sharpe ratio and some times 1:10 or 1:20 Sharpe ratio. The astonishing point is the success ratio which is at least 4:1(80%). so the risk-reward ratio of this system is 1:7! live trade it and you will understand what I mean.
- #14,379
- Dec 23, 2015 3:01am Dec 23, 2015 3:01am
It seems GBP/JPY has nothing in its way and can go down 450 pips more.I'm waiting for confirmation on H1-M1.
if NZD/USD can break the 0.6890 we may have some movement up. otherwise it may be a double top. monitoring the Rsioma and ADXs on h1-m1 to see what is going to happen.
if NZD/USD can break the 0.6890 we may have some movement up. otherwise it may be a double top. monitoring the Rsioma and ADXs on h1-m1 to see what is going to happen.
- #14,380
- Edited 4:10am Dec 23, 2015 3:48am | Edited 4:10am
This is how I find my setups maybe you can use the similar approach to find good setups.
I only trade 18 pairs + gold and silver. so everyday I look at 20 charts. but I have a profile to arrange them for me to be easily interpreted. the profile is attached. as you can see I only look at Rsioma for finding setups. I am a day trader so most of the time I start with H4 and go down. If h4 is below 20 and sloping down or at least flat (not rising) it is a down trend signal for me. vice versa for up trends. then I go down to h1. if the Rsioma is below 20 and sloping down or at least flat (not rising) it is a down trend signal. finally I look at m15 if Rsioma below 20 and sloping down or at least flat (not rising) it is a down trend signal. usually at this point ADXs are also showing a strong movement. then I wait for m5 and m1 to go down the 50 line for shorts and up the 50 line for longs. I also do not enter until all adxs on m1 and m5 go up. ( I also look at the wonderful indicator coded by Nihilist and focus on H4,H1, and m15. the indicator window is at the left corner bottom of the work space after you load the profile)
if you are a scalper it gives you most of the time an immediate result. I am not a scalper and I hold my positions usually 1-3 hours after London close. in this case if you place your stop at a swing high or low you will probably receive 2 to 3 times the amount of your stop loss which is very nice. (this is a norm, sometimes huge amounts can be gained).
Today so far the situation is sitting on your hands. http://www.forexfactory.com/showthre...30#post7170130
some charts on H4 looks good but none of them on H1 goes the same direction except USD/JPY and GBP/JPY which are showing divergence between rsioma and delayed sto. For now I should wait.
I only trade 18 pairs + gold and silver. so everyday I look at 20 charts. but I have a profile to arrange them for me to be easily interpreted. the profile is attached. as you can see I only look at Rsioma for finding setups. I am a day trader so most of the time I start with H4 and go down. If h4 is below 20 and sloping down or at least flat (not rising) it is a down trend signal for me. vice versa for up trends. then I go down to h1. if the Rsioma is below 20 and sloping down or at least flat (not rising) it is a down trend signal. finally I look at m15 if Rsioma below 20 and sloping down or at least flat (not rising) it is a down trend signal. usually at this point ADXs are also showing a strong movement. then I wait for m5 and m1 to go down the 50 line for shorts and up the 50 line for longs. I also do not enter until all adxs on m1 and m5 go up. ( I also look at the wonderful indicator coded by Nihilist and focus on H4,H1, and m15. the indicator window is at the left corner bottom of the work space after you load the profile)
if you are a scalper it gives you most of the time an immediate result. I am not a scalper and I hold my positions usually 1-3 hours after London close. in this case if you place your stop at a swing high or low you will probably receive 2 to 3 times the amount of your stop loss which is very nice. (this is a norm, sometimes huge amounts can be gained).
Today so far the situation is sitting on your hands. http://www.forexfactory.com/showthre...30#post7170130
some charts on H4 looks good but none of them on H1 goes the same direction except USD/JPY and GBP/JPY which are showing divergence between rsioma and delayed sto. For now I should wait.
