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Alien's Extraterrestrial Visual Systems

  • #14,501
  • Jan 5, 2016 6:42am Jan 5, 2016 6:42am
Quoting marcof91
{quote} Can you imagine how would be if you enter a trade everytime 8 sto on M15 turns back down while H4 DS is still running? Extraterrestrial pips! Keep it up,my friend!

M15 ADX 7 and 21 rest, or 8,3 stoch, or m5 DS trade is as far as i go on retracement, i added positions on those too Marco, but they didn't survived my 30% profit lock hehee, thanks
  • #14,502
  • Jan 5, 2016 7:41am Jan 5, 2016 7:41am
Quoting Thiagorosa
{quote} Thanks Sparkoz , Grade A trades for me is a must, so i only trade in the direction of the major trend, with full ADX power, so i start to look for trades on a pair with all TF aligned with full adx, then i start to drop down each TF starting from the weekly looking for ADX topping so i can know in advance that a retracement is near, then i wait for the "fail" of the adx 7, 21 or 42 maximum, but this is just to spot the trade. I use this to enter or adding, every time i see it, the pattern most of the times will be like this (when the retracement...


Here is the pattern happening now, i added a position and i'm with 70 pips profit already.

From right to left, the blue line is where the price started to rest for the break, the red line i use to set the first top, and i start to counter on the white line, or 2nd top, sometimes it does a 3rd top, but on the same level. I have found that studying the retracements is way more important then studying the impulsive waves, because it tells you exactly how much you need to wait before pressing the button, then just enjoy the ride.

Attached Image (click to enlarge)
Click to Enlarge Name: pattern.png Size: 103 KB
  • #14,503
  • Jan 5, 2016 7:44am Jan 5, 2016 7:44am
Hi all .. Happy New Year !!

I can't figure out how to remove the Slingshot BS from ForexAliens Signal. Does anybody have the Indi without it?

Attached Image


Thanks in advance

MTPockets
  • #14,504
  • Jan 5, 2016 8:16am Jan 5, 2016 8:16am
Sure use FX Kababs version on the paperclip....
I used to use the version u have too....Think version 3 is the latest - Just ADX

http://www.dailymail.co.uk/news/arti...ight-town.html

Seen this guy on the tv recently - he does well - considering he trades about an hour a day!
  • #14,505
  • Jan 5, 2016 8:24am Jan 5, 2016 8:24am
Quoting Sparkoz
http://www.dailymail.co.uk/news/arti...ight-town.html Seen this guy on the tv recently - he does well - considering he trades about an hour a day!
Must be nice to laugh it off
  • #14,506
  • Jan 5, 2016 8:24am Jan 5, 2016 8:24am
Quoting Thiagorosa
{quote} Here is the pattern happening now, i added a position and i'm with 70 pips profit already. From right to left, the blue line is where the price started to rest for the break, the red line i use to set the first top, and i start to counter on the white line, or 2nd top, sometimes it does a 3rd top, but on the same level. I have found that studying the retracements is way more important then studying the impulsive waves, because it tells you exactly how much you need to wait before pressing the button, then just enjoy the ride. {image}
Nice Thiago - How many stochs do you use!
3x is enough! :-)

Yeah I'm getting pretty decent now....
Perhaps I wont over leverage....Im too excitable! :-)
I cant wait to get a balance that will enable me to trade standard lots 1.0....
That would be fantastic.
  • #14,507
  • Jan 5, 2016 9:03am Jan 5, 2016 9:03am
Quoting ShepherdL
{quote} JP, for the 8.3.3 how can I set it like you did ?
Hi Shepherdl,
to set the 8,3,3 like in my charts you have to install this new indi, called "color stochastic no label" and remove the old one. (leave 21,10,10 and 100,10,10 to be the same).
Than you have to set the Stoch. parameters to 8,3,3 and change the colours to match the HeiKen Ashi candles. Arrows can be disturbing.
Cheers
Attached File(s)
File Type: ex4 Color Stochastic no label.ex4   36 KB | 390 downloads
Per aspera ad astra
  • #14,508
  • Jan 5, 2016 9:37am Jan 5, 2016 9:37am
Quoting Sparkoz
{quote} Nice Thiago - How many stochs do you use! 3x is enough! :-) Yeah I'm getting pretty decent now.... Perhaps I wont over leverage....Im too excitable! :-) I cant wait to get a balance that will enable me to trade standard lots 1.0.... That would be fantastic.
I agree, 3 stochs are enough, the blue one on my stochs window is a rsioma with the settings mimicking the Rsi on the LTF, and the 8,3 represents very well the DS of the LTF, so i use it to study the slingshots ("mini" rsi holding while the 8,3 stoch goes to the other side.)

I think i'll have to be milionaire before i could stand a 1.0 standard lotsize , i really don't like to feel the movement.
  • #14,509
  • Jan 5, 2016 9:57am Jan 5, 2016 9:57am
As Alien has mentioned before, the Rob Booker's podcast is a good way to change your mindset, and his last episode he talks about lot sizes, i'll let it here, he has some good material, and it is also fun to listen to him while trading.

http://traderspodcast.com/episode516/
  • #14,510
  • Jan 5, 2016 10:16am Jan 5, 2016 10:16am
Here is the pattern again, CADJPY H4 ADX retracement this time:


H4 retracement
H1 DS
M15 double top

I'm always playing like this.

And notice that on the TF that i get the top (M15), the 21,10 sto or 8,3 sto don't go to the limit of the window, instead it bounces near 80, and this means a top and not a reversal.

Attached Image (click to enlarge)
Click to Enlarge Name: pattern again.png Size: 154 KB
  • #14,511
  • Jan 5, 2016 10:55am Jan 5, 2016 10:55am
Quoting Thiagorosa
Here is the pattern again, CADJPY H4 ADX retracement this time: H4 retracement H1 DS M15 double top I'm always playing like this. And notice that on the TF that i get the top (M15), the 21,10 sto or 8,3 sto don't go to the limit of the window, instead it bounces near 80, and this means a top and not a reversal. {image}
Nice method! Now I see why you keep in your first window the Nihilist ADX Indi. Congrats.
Per aspera ad astra
  • #14,512
  • Jan 5, 2016 11:18am Jan 5, 2016 11:18am
Quoting jpadvisor
{quote} Nice method! Now I see why you keep in your first window the Nihilist ADX Indi. Congrats.
Thanks Jpad, it helps me to spot the "fail" easily, specially when i'm laying on the bed and it's harder to see the adx slopes.

Now i can tell people that my job is to help turn some lights on with money
  • #14,513
  • Jan 5, 2016 1:19pm Jan 5, 2016 1:19pm
Nice one Thiago.....Havent seen you on here for ages...
Looks like most of you blackbelts have a different style of trading...
Even though its the same system. All with good results...
Do you trade full time now then? Good on ya! For people who have read the thread its nice to see you going from strength to strength..
Wonder how traderbola is getting on.....I was loading up alien board again recently fron the paperclip and seen
Traderbolas million $ jeourney....In fairness it looked achievable....
Hope he made it!
  • #14,514
  • Jan 5, 2016 2:47pm Jan 5, 2016 2:47pm
Quoting Sparkoz
Nice one Thiago.....Havent seen you on here for ages... Looks like most of you blackbelts have a different style of trading... Even though its the same system. All with good results... Do you trade full time now then? Good on ya! For people who have read the thread its nice to see you going from strength to strength.. Wonder how traderbola is getting on.....I was loading up alien board again recently fron the paperclip and seen Traderbolas million $ jeourney....In fairness it looked achievable.... Hope he made it!

Thanks Sparkoz, i'm here all the time, reading and re-reading and studying, became kind of lurker again hehehe, i'm not sure if i'm already a blackbelt because i always feel that there is still so much to learn and master, but this is the fun part.

And yes, we all trade the same system in "different" ways, it's about personalities, but it's all the same, we just discover through experience what works best for us. Everything that i use has been taught here, Alien talked alot about entering after 2 and 3 tops or bottoms, using adx 7 and 21 to add positions, and the green sto beeing flat on the 80 or 20, but when you connect everything, specially the multiple TF patterns, i think it's when everything shines for you.

I moved from full time student to full time trader hehe... Traderbola, i remember him, one of the first to master the system, i'm almost sure that he's doing very well, because of the time that he had to get even better.
  • #14,515
  • Jan 5, 2016 4:47pm Jan 5, 2016 4:47pm
Quoting jpadvisor
{quote} Hi Shepherdl, to set the 8,3,3 like in my charts you have to install this new indi, called "color stochastic no label" and remove the old one. (leave 21,10,10 and 100,10,10 to be the same). Than you have to set the Stoch. parameters to 8,3,3 and change the colours to match the HeiKen Ashi candles. Arrows can be disturbing. Cheers {file}

I got it now, thank you, JP.
  • #14,516
  • Jan 5, 2016 6:28pm Jan 5, 2016 6:28pm
Here we go again little Aliens

CADJPY 50+ pips so far

H1 ADX RETRACEMENT (this time the 89 turned off also, so i'm expecting this to be the last push of the H1, lets see)
M15 DS trade
M5 TRIPLE TOP (i'll try to get the pattern of every type of top and bottom and post here)

Attached Image (click to enlarge)
Click to Enlarge Name: pattern 3.png Size: 134 KB
  • #14,517
  • Jan 5, 2016 7:24pm Jan 5, 2016 7:24pm
Here is a lesson I would like to share and I hope it helps someone.

I used to trade based on H1 signals. it works until it doesnt, if that makes sense. I find that starting my analysis starting with H4 makes things a little easier for me personally.

H4: the right vertical line thats where I entered long.
-RSIOMA, DS Sto21, Sto 100 all long

H1: I entered early because of other considerations (was shorting EU, GU). I should have waited for sto 8 to cross 21 or when ADX speed 7 peaks out.

Then I jump over to D1 to make sure its also long, which it is.
************************************************************************
If I do this each time starting with H4, the set up on the left vertical line didnt work.
sto 21 just crossed below 50, rsoima was heading down, sto 100 also having a slight downward slope.
This is when D1 chart is important. Sto 21 and 100 both were still high above 80, RSIOMA just crossed above 80. Should never short it regardless what H4 is telling me.

Another helpful thing is to consider pair relationships.

EU, GU, EJ, AU usually have strong correlation
When I long any of these pairs, I know I should be looking for shorts on U/Chf, UJ, GJ and U/C.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UC h1.PNG Size: 75 KB
Click to Enlarge Name: UC h4.PNG Size: 104 KB
Click to Enlarge Name: UC 1d.PNG Size: 91 KB
  • #14,518
  • Jan 5, 2016 7:31pm Jan 5, 2016 7:31pm
and here is the short trade on EU I talked about. notice I got into the EU short two hours before the UC long.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 90 KB
  • #14,519
  • Jan 5, 2016 7:43pm Jan 5, 2016 7:43pm
thinking about shorting GBP/AUD around 2.06 area, any thoughts?
  • #14,520
  • Jan 6, 2016 2:16am Jan 6, 2016 2:16am
Hi All Traders,

try to sharing what could possible for next USDCAD.

Monthly still clearly long, RIOSMA above 80 level showing strong trend.

Multiple divergence on Weekly showing us first sign of weakness, RSIOMA compressed against the ceiling (possible classic Divergence in progress), Divergence on ADX 7.

On Daily just complete another slingshot, looking the RSIOMA compressed against the ceiling and we are looking for a break of compression to come the downside, again Divergence on ADX.

On lower 4TF-5TF RSIOMA still play LONG , it may/not bringing down the Daily. we need looking at RSIOMA over the time.

much appreciates any comments ( marco,JP and to all )

p/s : maybe another slingshot on Daily/Weekly before start new fresh LONG and look at Price Action/fundamental on OIL.
Attached Image (click to enlarge)
Click to Enlarge Name: UCAD.png Size: 306 KB
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