Alien's Extraterrestrial Visual Systems
Hi Masters I did took a long trade on AUDNZD (Attached ) and its turn out against me , can you please share your opinions so i can learn from my mistakes {image} {image} {image}
{quote} microsat, {quote} Update: EURGBP opportunity : - Monthly : RSIOMA still below 20 lvl ( long term still sell ) - Weekly : RSIOMA above 80 level ( Buying for this TF ), look likes wave 4 developing in progress - 4hr TF, all stoch topping, ADX still active, possible DS - Alien's Hook in progress ??,BBS,Stoch & RSIOMA topping on 1hr TF Patience is a virtue.. did not expect it move too fast... {image} {image}
{quote} Hi, I don't see where you entered long. Anyway as you can see this pair is long and dunno what is your mistake.
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{quote} Thanks jpadvisor for the reply , i just Entered long after the the screen shot ,the pair go on my direction about 15 Pips then its went against me the reason its not showing on the screen shot is because i am using demo account for the analysis . I am trying to get full understanding for the system {image} {image} {image}
Thank you. I found that there are still lots of false signals with rsioma, even in higher timeframe such as daily. How to avoid the false signals in daily timeframe: rsioma > 80 but with down trend, rsioma < 20 but with up trend? I have another puzzle. If we can have profitable win rate in higher timeframe, why should we go to the lower timeframe? Suppose the win rate is x in higher timeframe and y in lower timeframe. The final winrate would be x*y. When y is 100%, the final win rate will reach the maximum: x. But normally the best y is around 60%....
...and if you can get 60% with 1:2 or larger than I would be your friend for whole life 
(just kidding)If we use mtf lineup as entry, should we use higher tf or lower tf as exit? If mtf lineup as entry and higher tf as exit, this strategy is exactly same as entry and exit at higher tf. If mtf lineup as entry and lower tf as exit, in most case, stop loss will be hit or small profit can be gained. Another big question is how reliable is the rsioma >80 (strong up) and rsioma <20 (strong down)? Has anyone tested this? How much win rate comes with rsioma>80 or rsioma <20? For example, for weekly timeframe, is win rate 70%, 60%, 50% or lower? How can we...
Another big question is how reliable is the rsioma >80 (strong up) and rsioma <20 (strong down)? Has anyone tested this? This cannot be tested or very hard as we look at mtf and this test could be way to subjective and this is just 1 aspect in method...Where are adx stoch blab bla? How much win rate comes with rsioma>80 or rsioma <20? For example, for weekly timeframe, is win rate 70%, 60%, 50% or lower? Based on which parametars? Based on which plan? I can ask you here 10 questions more.... How can we filter out the signals with rsioma >80 but trend beginning going down? We can filter it with lower tf or divergence,or with losing power on adx,or with stoch topping or...?you tell me... How many times does rsioma >80 or rsioma <20 mean strong trend, instead of trend exhaustion? You have same questions over and over again and the answear is still the same so look upper... Give us some true example with pictures so than we can give you better answear.... Throught you questions I can see than many things you missing here so keep posting questions (but with charts and examples) and keep going,you still don't have aha moment... Hope I helped, Regards!
