DislikedYour entry is valid, but I didn't take it because GU is a difficult pair to trade, as I have mentioned a few times very recently.
Instead, I took EU and EJ on the bear flag breakout.Ignored
Bless U
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DislikedYour entry is valid, but I didn't take it because GU is a difficult pair to trade, as I have mentioned a few times very recently.
Instead, I took EU and EJ on the bear flag breakout.Ignored
DislikedThx for your reply .....Thanks for sharing this system with us
Bless UIgnored
DislikedWas it setup for short or not?
I am confused because:
- too long HA candle
- 15m stoch under 20 level
Ignored
DislikedThe Bear flag breakout, for those of you who don;t know, is shown below. it's easier to see in the M15 chart, and if you look at your own charts you'll see this Bear Flag time and time again.Ignored
DislikedI just want to clarify the rules of system...
So, it was good entry by pattern not by "Genesis system" rules. Am I right?Ignored
Disliked[/list]This is where it comes down to experience. The bear flag breakout that I spoke of really part of the same move that began at London open.....because it is part of the same move, stoch is not quite so important being low, because it shows that the move is strong.Ignored
DislikedYes, I read it already
I posted my question before your answer appeared. Sorry if disturbing mate )))
But I am still confused about HA candles...
What is your way of using its?Ignored
DislikedIt's trading time for me too......I can't answer a constant stream of questions during trading time....sorry.
I suggest you start at Page 1, Post 1 and read all the posts.Ignored
DislikedYes, I read it already
I posted my question before your answer appeared. Sorry if disturbing mate )))
But I am still confused about HA candles...
What is your way of using its?Ignored
DislikedHi Dmitry,
HA candles have 2 uses within Genesis trading:
1) once we are moving in a direction, they can keep you in the trade longer because they do not change colour as quickly as a normal candlestick (ie you're less likely to close your trade on a minor pullback)
2) specific Genesis use: once you get a signal, Genesis likes the next HA candle to 'open clear of the yellow MA'; because of the way HA candles are calculated, a 'clear open' shows extra strength/momentum in the direction of your trade (I believe that RJ will not take a trade unless...Ignored
DislikedHi Dmitry,
HA candles have 2 uses within Genesis trading:
1) once we are moving in a direction, they can keep you in the trade longer because they do not change colour as quickly as a normal candlestick (ie you're less likely to close your trade on a minor pullback)
2) specific Genesis use: once you get a signal, Genesis likes the next HA candle to 'open clear of the yellow MA'; because of the way HA candles are calculated, a 'clear open' shows extra strength/momentum in the direction of your trade (I believe that RJ will not take a trade unless...Ignored
DislikedUSA news in 20 minutes.....if you are in a trade, might be good to move your SL to protect your position before thenIgnored