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Alien's Extraterrestrial Visual Systems

  • #17,421
  • Mar 8, 2017 5:16am Mar 8, 2017 5:16am
Quoting Songok
Do You Guys use trailing stops? I closed my short position in nzdjpy and i closed at high of retracment and today TP would be hit ^_^ At least GBPUSD short is near TP
I don't use it anymore because was eating the potential of my winners. Instead, i move manually my stops to a R/S zone that has been tested and failed.
Work smarter,not harder
  • #17,422
  • Mar 8, 2017 5:25am Mar 8, 2017 5:25am
Quoting marcof91
{quote} I don't use it anymore because was eating the potential of my winners. Instead, i move manually my stops to a R/S zone that has been tested and failed.
Good idea, for me there is nothing worse then losing my profit ;p
  • #17,423
  • Edited 12:29pm Mar 8, 2017 10:20am | Edited 12:29pm
Quoting jpadvisor
{quote} Yes, that is bullish hidden divergence and it worked nicely. To me until FED decision Gold will be short but soon after will turn long again. Remember that a monthly chart indicates a long term (six m. to twelve m.) price movements. Cheers
The downside is loosing steam now. DS formed on H1 then on 15 M and now on M5. Their push will end on M1. TWT as usual.
+ divergence on H1 and H4. Time to exit.
Per aspera ad astra
  • #17,424
  • Edited 3:56pm Mar 8, 2017 3:42pm | Edited 3:56pm
Here is how Alien system looks on iPhone as this was talked about recently. No BBS squeeze indicator but you can see visually where the BB squeezes. No DDS but using an ordinary stochastic it is fairly close to DDS as you can see.
Attached Image (click to enlarge)
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  • #17,425
  • Edited 4:13pm Mar 8, 2017 3:44pm | Edited 4:13pm
Quoting jpadvisor
{quote} The downside is loosing steam now. DS formed on H1 then on 15 M and now on M5. Their push will end on M1. TWT as usual. + divergence on H1 and H4. Time to exit.
I expect you are right, as you are Gold Alien.

I will watch H1 ADX for my exit I think. If I had got in early I would watch H4 ADX.
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  • #17,426
  • Mar 8, 2017 4:39pm Mar 8, 2017 4:39pm
Quoting Zimbinga
Here is how Alien system looks on iPhone as this was talked about recently. No BBS squeeze indicator but you can see visually where the BB squeezes. No DDS but using an ordinary stochastic it is fairly close to DDS as you can see. {image}

Thanks! This is very helpful!
Be Patient....
  • #17,427
  • Mar 8, 2017 4:41pm Mar 8, 2017 4:41pm
Quoting Zimbinga
Here is how Alien system looks on iPhone as this was talked about recently. No BBS squeeze indicator but you can see visually where the BB squeezes. No DDS but using an ordinary stochastic it is fairly close to DDS as you can see. {image}
Hi

If you want to see a proxy for the BBS, I am experimenting with the standard deviation indie, which is part of the mobile MT4

This represents the volatility in the bollinger bands which the BBS is a derivative of.

When the SD is low then this proxies to the BBS squeeze, I'm still playing with settings so early days

Edit, using 21 currently to matches 21 period BBS
  • #17,428
  • Mar 8, 2017 4:45pm Mar 8, 2017 4:45pm
I'm kicking myself right now. I left 50+ pips on the table today with the GA. Impatient human brain! A good rule of thumb is to WAIT for the 100 stoch to push down past the 80 level if you are going long. Rookie mistake. Good lesson learned. Me vs. myself. The saga continues. LOL.

What a great indicator of weakness (for long trades)!

Alien Rules!
Be Patient....
  • #17,429
  • Mar 8, 2017 4:58pm Mar 8, 2017 4:58pm
Good advice from Alien for those trying to grasp the system...

Learn to trade using only with the RSIOMA. In the beginning pages of the thread, Alien states to look at RSIOMA, starting with the 4HR (for example), if it is long, check the 1HR, if it is long, check the 15M, if it is long, check the 5M. Use the 5M or the 1M to look for long opportunities.

If the 4HR is long and the 1HR is short and the 15M is long and the 5M is short, the pair is "choppy" and harder to trade. Sit on your hands or find another pair to trade.

Trading against the larger time frames is suicide unless you are experienced. Why swim upstream? Go with the flow of the larger timeframes.

When all the TFs line up, it makes for a much easier entry and a better chance of gaining green pips, which is always good for one's confidence when learning Forex or a new system.

Re-reading this helped me, as this is a robust system and sometimes it is best to go back to the basics if you get overwhelmed. We are all students learning together.

Green pips to all.

Alien Rules!
Be Patient....
  • #17,430
  • Mar 9, 2017 12:35am Mar 9, 2017 12:35am
USDCAD div on lower TFs:
Attached Image (click to enlarge)
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Trend was very strong, is it the end?
  • #17,431
  • Mar 9, 2017 2:20am Mar 9, 2017 2:20am
Quoting Songok
USDCAD div on lower TFs: {image} Trend was very strong, is it the end?
Watch closely at 50 lv,if they bounce (21 and rsioma) it is more likely to go up again.
Also sometimes i do a comparision between them,like 21 sto at 20 lv but rsioma at 50 lv can work as a rubberband and as soon 21 sto starts to turn long with indication of lower tf divergence,i expect to be a bounce move.
Work smarter,not harder
  • #17,432
  • Mar 9, 2017 5:39am Mar 9, 2017 5:39am
Quoting Zimbinga
{quote} I expect you are right, as you are Gold Alien. I will watch H1 ADX for my exit I think. If I had got in early I would watch H4 ADX. {image}
Master Alien indeed don't trade Gold.
As for the yellow metal 1180 is the handle.If it goes under the trend will turn bearish.
Some clues can come from divergence on H4 theeths. Let's see.
Attached Image (click to enlarge)
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Per aspera ad astra
  • #17,433
  • Mar 9, 2017 11:08am Mar 9, 2017 11:08am
Quoting marcof91
{quote} I think EN could go to 1.54 level before resting. If you close your winners too soon,you should try to lock something and let it go. Either to small or big win. If you had them open till now,you would be making a good return in this move. It's easy to let our fears come to us,but we have to embrace them as a friend.
80 pips left to reach the target.
Work smarter,not harder
  • #17,434
  • Mar 9, 2017 12:20pm Mar 9, 2017 12:20pm
Hope someone got this X cross after BBS break on OIL a little while back. Annoyed I missed it due to not being able to look at charts full time. Such an easy trade to make pips on.
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  • #17,435
  • Mar 9, 2017 12:24pm Mar 9, 2017 12:24pm
USDTRY H1 - Stochastic rubber band trade, not Grade A but +140 with some locked in.
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  • #17,436
  • Mar 10, 2017 12:12pm Mar 10, 2017 12:12pm
Quoting jpadvisor
{quote} Master Alien indeed don't trade Gold. As for the yellow metal 1180 is the handle.If it goes under the trend will turn bearish. Some clues can come from divergence on H4 theeths. Let's see. {image}
Despite the good numbers of NFP, as pointed in the chart, Gold resumed long today.
Per aspera ad astra
  • #17,437
  • Mar 10, 2017 1:29pm Mar 10, 2017 1:29pm
Quoting jpadvisor
{quote} Despite the good numbers of NFP, as pointed in the chart, Gold resumed long today.
Yes & I closed my shorts.

Looking at Weekly TF the 8 Sto is coming down hard, suggesting a larger move short after a retrace no?
  • #17,438
  • Mar 10, 2017 1:36pm Mar 10, 2017 1:36pm
Today's trade was short OIL H1 - what I am now calling a 'delayed' X cross, where you wait and see if green Sto turns in direction of 8 sto after 8 sto has crossed. DS also was about to cross. Supported by ADX expansion & indies crossing down on M5 & M15 as Alien teach us.

Not sure whether to leave open over the weekend or take profit now, as I think the move will continue? +90 at time of writing.
Attached Image (click to enlarge)
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  • #17,439
  • Mar 10, 2017 1:48pm Mar 10, 2017 1:48pm
Quoting Zimbinga
Today's trade was short OIL H1 - what I am now calling a 'delayed' X cross, where you wait and see if green Sto turns in direction of 8 sto after 8 sto has crossed. DS also was about to cross. Supported by ADX expansion & indies crossing down on M5 & M15 as Alien teach us. Not sure whether to leave open over the weekend or take profit now, as I think the move will continue? +90 at time of writing. {image}
Very likely the DS will complete and 21 sto. will bottom too.
Per aspera ad astra
  • #17,440
  • Mar 10, 2017 2:11pm Mar 10, 2017 2:11pm
Quoting Zimbinga
Today's trade was short OIL H1 - what I am now calling a 'delayed' X cross, where you wait and see if green Sto turns in direction of 8 sto after 8 sto has crossed. DS also was about to cross. Supported by ADX expansion & indies crossing down on M5 & M15 as Alien teach us. Not sure whether to leave open over the weekend or take profit now, as I think the move will continue? +90 at time of writing. {image}
If you pay swaps,close it.
If not,leave it open and check at Sunday open again.
I'm seeing divergences at lower tfs,in my thinking i would close them right now.
This could be the beginning of the retrace that is to be expected after a DS.
Your call.
Work smarter,not harder
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