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forexalien replied Jan 19, 2018They are both dropping a bit further with a near term retracement long on the H1 on both, but use the smaller TF's to locate that turn. EU will have the larger retracement as both the H1 and H4 are at the bottom looking at the Daily on top. UJ H1 to ...
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forexalien replied Jan 19, 2018Thanks for showing how it works............
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forexalien replied Jan 17, 2018Correct , the Daily and H4 are strong long with the ADX................ = strong trend I will come up with some better rules - use the ADX for trend strength
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forexalien replied Jan 17, 2018Well that was fast ! USDCAD Chart was full of trades and now the profit! news..................... So, I always lead my trades with a TP for this reason, a news jump and then I can re-enter long again................
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forexalien replied Jan 17, 2018Yes it did for 30 - 40 pips , today it looks like the H1 wants to bring it further down for a test of the low. The RSI went long on the H1 with a crossover, getting a retrace now, and if the RSI can stay positive and go long again, this will be a ...
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forexalien replied Jan 17, 2018Yes I place orders early just because I am not always around, I could place limit orders but I get lazy sometimes and just wait out the turn. Alien fades turns many times and I just wait for the turns. The turns take time so be ready to wait for ...
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forexalien replied Jan 17, 2018Yes wait for the RSI to go long. The safest place to make a trade would be let the RSI cross long or short and wait for the pullback and on the next long or short , enter the trade. And from there you can manage the trade with stop loss and TP or TS ...
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forexalien replied Jan 17, 2018A lot of these pairs made big moves the past 4 weeks, and now they will range for a bit as they enter their Tops and Bottoms, which take time to make the turns,,,,
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forexalien replied Jan 17, 2018Well......the RSI on the M just turned long............... W RSI has been long all last year.......... D RSI is long but in a retrace short. The DDS is FLAT the last 3 days. H4 RSI is long but looks the be starting a retrace short. H1 RSI is short ...
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forexalien replied Jan 16, 2018Just confirming your retrace then long..................USDCAD.......
THE only Pattern
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forexalien replied Jan 16, 2018Today looks like wait till tonight and and trade the other direction after all these retracements....................
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forexalien replied Jan 16, 2018You are Welcome my Student...................
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forexalien replied Jan 16, 2018EU also but short..................
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forexalien replied Jan 16, 2018Put UJ on that same boat......................
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forexalien replied Jan 16, 2018The UDSCAD after a H1 retrace is looking poised to go long......................
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forexalien replied Jan 16, 2018Thanks for teaching us............ The 5 Speed ADX shows the power of a trade, and more important Distance and Timing of a trade or a Pairs Beginning and End. Most humans in trading do not know how to find this. They talk about it, but that is ...
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forexalien replied Jan 15, 2018Today with the United States on a Holiday. Many pairs will not move much. I have not done much with ADR average daily range, but with Alien's system you don't really need it, only if your a day trader it might come in handy. But I am going to play ...
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forexalien replied Jan 15, 2018It looks like we are nearing a few reversals or at least retracements in the next day or so. UJ EU AU UC end of week
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