Got stopped out. Weekly looks to go long for the DS. If that's the case then i will go long for the X cross of monthly.

Alien's Extraterrestrial Visual Systems

That's why is a good idea to play with brokers that offer negative balance protection. The black swan event can play either way. Or you go back to zero or you make a fortune. Can you imagine a SL of 50 pips and price makes a gap of 2000 pips using ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Wow! With such drop,GJ looks like to be playing the slingshot of monthy tf. Already closed the gap,damn that was a good trade to sell.

Alien's Extraterrestrial Visual Systems

He mentioned in the post. The colors must be different from each other. 1 red and 1 green and vice-versa.

Alien's Extraterrestrial Visual Systems

21 sto on M5 is still below 80 lv and there isn't adx expansion yet. The thing about slingshots is that they can stop at middle run and reverse so monitoring is required. (H4)

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Broke to downside,no trade taken.

Alien's Extraterrestrial Visual Systems

M15 bullish divergence and price goes up. Now is resting... If price closes above the recent high of M15 i go long which probably will coincide to x cross long.

Alien's Extraterrestrial Visual Systems

I'm looking for the break of BBS at usdcad H1 for long.

Alien's Extraterrestrial Visual Systems

Exactly right there at 108 area. Same approach as you.

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Ahah look at that. Feels good to be right AND making money with it.

Alien's Extraterrestrial Visual Systems

You triggered my mind with that post about bitcoin. I was well aware at that time (2010) when bitcoin born and thinking it will go nowhere. Completely wrong. Thanks to you,you motivated me to invest in cryptocurrencies. I already invested in 4 ...

Alien's Extraterrestrial Visual Systems

That's what my monkey brain does sometimes. Me thinking: "Looks like H1 is topping and at M15 is there bearish divergence. Let's short for now." Although can work sometimes for some pips,generally i screw myself. And in the mean time,was just ...

Alien's Extraterrestrial Visual Systems

Yes. When the market is swinging up and down,you will not see a perfect DS setup. Exactly the last candle of your screenshot the RSIOMA started to go down and i thought that would move in that direction. Instead,i learned my lesson once again to not ...

Alien's Extraterrestrial Visual Systems

Nope. It went long.

Alien's Extraterrestrial Visual Systems

EU H1 has a nice BBS compression with a possible DS short. Let's see if NFP will validate this setup...

Alien's Extraterrestrial Visual Systems

At EC there was two slingshots at daily tf. Looking at h4, we can clearly see RSIOMA avoiding the 20 zone. This is where we put longs. Study it well because this trick gives us plenty of clues that the slingshot will work. X cross at H4 and BBS at ...

Alien's Extraterrestrial Visual Systems

On the move again.

Alien's Extraterrestrial Visual Systems

Pushed down for a new low and divergence. And now bounced real hard. This could be the beginning of wave 3 at h4

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Scenario for short and long. EDIT: Was there two X cross shorts at H1 and none of them made any significant move. This could be a clue for tomorrow. image image

Alien's Extraterrestrial Visual Systems

Like FerruFX said,you should get out. There will be other opportunities. Can you handle 300 or more of a retrace? Then you will be asking yourself: Why i didn't close the trade at 1000 pips? Don't be greedy.

Alien's Extraterrestrial Visual Systems