{quote} 8 sto on daily tf is resting for now,closely monitor this now. GBPJPY
Alien's Extraterrestrial Visual Systems
- #16,364
- Sep 22, 2016 8:56am Sep 22, 2016 8:56am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Work smarter,not harder
- #16,365
- Sep 22, 2016 11:31am Sep 22, 2016 11:31am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Catched this setup today on Gold 5M.
Is a good example of applying all Alien's rules and setups.
First you got a BBS on a trending market.
Then you have a BB squeeze, meaning a great move is coming.
You also have a nice ADX compression, then suddenly an expansion.
On stochs is forming a XCross trade and BBS ends. We go long.
The expansion continues and stochs 8 and 21 go to top.
There is a continuation pattern, a DS trade. You enter again once at cross of 8 and 21 and second time on cross of DS with signal line.
We fished this way more than 100 pips on a 5 M trade.
P.S. after a DS there always is a retracement so exit is when DS is completed and RSIOma is at the top.
Is a good example of applying all Alien's rules and setups.
First you got a BBS on a trending market.
Then you have a BB squeeze, meaning a great move is coming.
You also have a nice ADX compression, then suddenly an expansion.
On stochs is forming a XCross trade and BBS ends. We go long.
The expansion continues and stochs 8 and 21 go to top.
There is a continuation pattern, a DS trade. You enter again once at cross of 8 and 21 and second time on cross of DS with signal line.
We fished this way more than 100 pips on a 5 M trade.
P.S. after a DS there always is a retracement so exit is when DS is completed and RSIOma is at the top.
Per aspera ad astra
Catched this setup today on Gold 5M. Is a good example of applying all Alien's rules and setups. First you got a BBS on a trending market. Then you have a BB squeeze, meaning a great move is coming. You also have a nice ADX compression, then suddenly an expansion. On stochs is forming a XCross trade and BBS ends. We go long. The expansion continues and stochs 8 and 21 go to top. There is a continuation pattern, a DS trade. You enter again once at cross of 8 and 21 and second time on cross of DS with signal line. We fished this way more than 100...
- #16,368
- Sep 22, 2016 3:46pm Sep 22, 2016 3:46pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} First of all, let me express my gratitude towards you and other master's old students for keeping this forum alive and clean. Who stick and promote master's core system. I am asking this for educational purposes. What stopped you from entering at the marked place? Please let me know JP. Your contribution to this community is much appreciated.{image}
my chart was posted only to explain how nicely all Alien indies and patterns work together.
Yes I took the trade a little late because I recognized it not immediately.
So I took severals from the first slingshot on stochs and then on the DS.
Don't show my chart on real because I have other trades still pending on Gold.
Cheers alien friend.
Per aspera ad astra
- #16,369
- Sep 23, 2016 5:14am Sep 23, 2016 5:14am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} Just read this posted by daddybearforex Aliens old buddy.... http://www.cnbc.com/2016/09/21/gold-...s-cef-ceo.html Nice work JP....Big Pippin!
P.S. Gold is long again. DS ready on H1.
Per aspera ad astra
- #16,370
- Sep 24, 2016 3:52am Sep 24, 2016 3:52am
{quote} Agree on that. I trade Gold on H1 and enter on M5 though.
- #16,371
- Sep 24, 2016 3:50pm Sep 24, 2016 3:50pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
If we wait...it's simple as that! 8 sto at the bottom and RSIOMA is still rising on weekly tf. H4 ADX 2nd expansion enter! {image}
BEFORE
AFTER
Work smarter,not harder
- #16,372
- Sep 24, 2016 4:54pm Sep 24, 2016 4:54pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Setups for the incoming week.
Pick one - Wait for the right scenario - Hit it hard
OR
Play all and hit it slow
Have a nice weekend!
Pick one - Wait for the right scenario - Hit it hard
OR
Play all and hit it slow
Have a nice weekend!
Work smarter,not harder
- #16,373
- Sep 24, 2016 5:04pm Sep 24, 2016 5:04pm
{quote} Still going... Following the adx rule keeps us on the right side and prevent us to close the trade early. BEFORE{image} AFTER{image}
- #16,374
- Edited 5:33am Sep 25, 2016 5:18am | Edited 5:33am
[quote=marcof91;9159212]Setups for the incoming week. Pick one - Wait for the right scenario - Hit it hard OR Play all and hit it slow Have a nice weekend!
Cheers Marco.....Did you ever hit it hard in your early days here...Just wondered if you always stick to the 2% rule or have ever upped it.....Or perhaps upped it and failed ... I always fancy having a go but have put it off but may try a free go....Money I have made in the game from next week....So deffo give me signals then !!
Edit: actually I remember a CAD trade last year you went in big :-)
Have a nice weekend!Cheers Marco.....Did you ever hit it hard in your early days here...Just wondered if you always stick to the 2% rule or have ever upped it.....Or perhaps upped it and failed ... I always fancy having a go but have put it off but may try a free go....Money I have made in the game from next week....So deffo give me signals then !!
Edit: actually I remember a CAD trade last year you went in big :-)
- #16,375
- Sep 25, 2016 10:05am Sep 25, 2016 10:05am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
...Setups for the incoming week. Pick one - Wait for the right scenario - Hit it hard OR Play all and hit it slow
Work smarter,not harder
- #16,376
- Sep 25, 2016 10:19am Sep 25, 2016 10:19am
BAZINGA! Extraterrestrial confidence makes me raise my lot size.When i have such confidence on a setup,i play bigger. Beware,don't follow my aggressive style against the market,which is impropriate for cardiacs.
EDIT: Misplaced the 2nd vertical line, the line is at the next candle. Sorry. {image}
<<Jealous lmao.
Hmmm how do you copy a chart ....
- #16,377
- Sep 25, 2016 1:28pm Sep 25, 2016 1:28pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Work smarter,not harder
- #16,380
- Sep 25, 2016 3:57pm Sep 25, 2016 3:57pm
Hi
I have a question to experienced alien traders, this might be a bit tricky I don't have time to spend a whole day watching market and charts. Sometimes I spend 12 h in work. How many trades i can expect in one month if I will be looking for setups on D1 and higher time frames? (of course I will look on H4 for clues, confirmation)
I have a question to experienced alien traders, this might be a bit tricky
I don't have time to spend a whole day watching market and charts. Sometimes I spend 12 h in work. How many trades i can expect in one month if I will be looking for setups on D1 and higher time frames? (of course I will look on H4 for clues, confirmation)