For newbies i would stay with only one or two pairs. Or you can pick a pair at weekends that you find good to trade next week and trade only that pair. It keeps you focused and gives less stress handling the job. It is not ...

Alien's Extraterrestrial Visual Systems

Dear Forex Factory users,as you may know,the user marcof91 has been unavailable since 29th of November. Furthermore,we received from secure sources that this user is spending his time with his family and gathering presents to his beloved ones on a ...

Alien's Extraterrestrial Visual Systems

As for this system i think the best thing to learn from elliott theory is the retracements,so we should focus on them. Already takes more than half to study.

Alien's Extraterrestrial Visual Systems

I hope this can help you,i don't know everything in there but it helps me. Targets based on Fibonacci ratios (for all waves 1,2,3,4,5 - A,B,C,D,E,X) url Elliott Rules and Guidelines (if you have the brain for it) url

Alien's Extraterrestrial Visual Systems

I think so too. For X crosses around 50 lv and for continuations after a pullback around 20/80 lv. In this example 8 sto does not cross 21 sto but it's considered X cross anyway. As for an EA,i don't have any neither know one.

Alien's Extraterrestrial Visual Systems

I count the waves as 8 sto turns. In that example,8 sto did not turn direction,it just pauses.

Alien's Extraterrestrial Visual Systems

That's it. Every impulse wave has 5 sub waves (this means 5 waves on the lower tf ). As for the retracement waves,they are a little bit sketchy. url

Alien's Extraterrestrial Visual Systems

Since no one replied to you, i will give a shot. A setup that has a good risk/reward ratio is a setup that is far away from a resistance/support level (a strong one). In this way,we attempt to take a trade in the hope that price will travel to that ...

Alien's Extraterrestrial Visual Systems

It is very possible that could make a new low on monthly/weekly before resting.

Alien's Extraterrestrial Visual Systems

Looks like you are entering at wave 1 Price goes against you (wave 2) You close it or stop out And then goes your way (wave 3) You missed the move or entered too late  If you are looking for great setups that provide more than 100 pips,use the ...

Alien's Extraterrestrial Visual Systems

Alien Extraterrestrial Visual Systems (MTF Indicator System) You can thank me later.

Real, profitable strategies

The higher tf setup, the better. But yes,i put 1/5th of my equity. (at H4 setups and above) If i trade H1 setup i would not do this as price will not move much as you would expect from a D1 setup. (but you can try 1/4th, 1/3th or half of a lot) - ...

Alien's Extraterrestrial Visual Systems

Yes. Watch 21 sto as mimics the price action (or 8 sto to see what the lower tf is doing). Thank you for your assistance.

Alien's Extraterrestrial Visual Systems

Yes,can be that way. For example: 1. X cross long on H1 2. We go to M5 3. Starts one leg up (we don't do anything) 4. Next comes one leg down (still nothing) 5. Next comes one leg up AND breaks the high of the first wave with adx power 6. ENTER TRADE ...

Alien's Extraterrestrial Visual Systems

By looking at lower tfs... When lower tf shows 21 sto and/or RSIOMA crossing 50 level plus adx power (at least 4 speeds on). BONUS if there is a divergence as well because is a leading indicator that price will eventually change direction. You can't ...

Alien's Extraterrestrial Visual Systems

I will leave my review at the end of the day.

Alien's Extraterrestrial Visual Systems

I think the dust will settle down and the trend will resume.

Alien's Extraterrestrial Visual Systems

Fortunately,i decided to close the trades before the results of elections. As i went to sleep,it went all against me. As to quit my job,i still don't know. It puts a lot of pressure to make money in forex. Better have two incomes than just one,imho.

Alien's Extraterrestrial Visual Systems

This is my chart to show how i based my entries on EN. As you can see,most of them was taken on divergences taking into account my target on weekly tf. This gives me plenty of confidence as this pair is bearish,i just wait for the signals on lower ...

Alien's Extraterrestrial Visual Systems

One more position added after retracement. It's getting heavier.

Alien's Extraterrestrial Visual Systems