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Genesis Matrix Trading

  • #12,681
  • May 2, 2013 5:24am May 2, 2013 5:24am
Quoting realjumper
This last 90 mintues to the ECB rate decision is going to drag.......I just finished coffee and it's too early for tequila.....sigh....
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,682
  • May 2, 2013 5:25am May 2, 2013 5:25am
Quoting realjumper
{quote} I doubt that the learning for each of us will ever stop Jo......this is a never ending journey!.....lucky there are plenty of coffee shops on the road
...or such amazing people who just happen to be coffee lovers

lucky, lucky is the word !!
mind over matter
  • #12,683
  • May 2, 2013 5:26am May 2, 2013 5:26am
Quoting realjumper
This last 90 mintues to the ECB rate decision is going to drag.......I just finished coffee and it's too early for tequila.....sigh....
If I was a betting man, I would say the ECB will disappoint the market and not give them their 25 bp cut ????
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,684
  • May 2, 2013 5:28am May 2, 2013 5:28am
EJ is looking soo ready to pop!
mind over matter
  • #12,685
  • May 2, 2013 5:28am May 2, 2013 5:28am
Quoting Martyfish
{quote} Its all gobbledygook to me
After a couple of years finally upgraded eSignal to 11.6

Should have done it ages ago
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,686
  • May 2, 2013 5:28am May 2, 2013 5:28am
Quoting kosmo
{quote} ...or such amazing people who just happen to be coffee lovers lucky, lucky is the word !!
The journey is the best part, not the destination......so they say!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,687
  • May 2, 2013 5:29am May 2, 2013 5:29am
Quoting Martyfish
{quote} After a couple of years finally upgraded eSignal to 11.6 Should have done it ages ago
Pretty good is it Marty?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,688
  • May 2, 2013 5:34am May 2, 2013 5:34am
Quoting realjumper
{quote} Pretty good is it Marty?

Very !!

But the problem with eSignal, there isnt the same community of traders/programmers to develop indies/systems

Certain aspects of my eSignal strategy I came across by pure luck.

But then the number of indies and settings I tested, I would be astonished if I couldn;t find something that works
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,689
  • May 2, 2013 5:37am May 2, 2013 5:37am
Quoting Martyfish
{quote} After a couple of years finally upgraded eSignal to 11.6 Should have done it ages ago
Habit is a second nature, no?
mind over matter
  • #12,690
  • May 2, 2013 5:39am May 2, 2013 5:39am
Quoting Martyfish
{quote} Very !! But the problem with eSignal, there isnt the same community of traders/programmers to develop indies/systems Certain aspects of my eSignal strategy I came across by pure luck. But then the number of indies and settings I tested, I would be astonished if I couldn;t find something that works
I think that malcolmb from the volume thread used esignal a lot too....he seemed to love it, or at least aspects of it
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,691
  • May 2, 2013 5:40am May 2, 2013 5:40am
Quoting kosmo
{quote} Habit is a second nature, no?
I am terrible
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,692
  • May 2, 2013 5:51am May 2, 2013 5:51am
Quoting realjumper
{quote} I think that malcolmb from the volume thread used esignal a lot too....he seemed to love it, or at least aspects of it
RJ, I remember you commented about VSA for several times before. What's your opinion about VSA? Is this another rubbish? I read a book about VSA before (Master the Market) and it was a difficult topic to me....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #12,693
  • May 2, 2013 5:59am May 2, 2013 5:59am
Quoting heispark
{quote} RJ, I remember you commented about VSA for several times before. What's your opinion about VSA? Is this another rubbish? I read a book about vas the other day and it was a difficult topic to me....
Well I wouldn't go so far as to say that it's rubbish....malcolmb was very good with it, although Cloggie tried his best to discredit it! Anyway, I never really got my head around VSA, it's too complicated for my little brain....lol...but I have been playing with volume (thanks to Kelly) for a little while and I do see some value in it, but there seems to be a lot of false signals too. Trading with volume is a huge subject and I have just scratched the surface but I do like to try and understand it, but it's certainly not easy.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,694
  • May 2, 2013 6:09am May 2, 2013 6:09am
Thank you RJ. I also want to learn it once I learned Genesis enough.
Thank you always!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #12,695
  • May 2, 2013 6:14am May 2, 2013 6:14am
Quoting realjumper
{quote} I haven't read the links, but as far as I know, these various scripts place the pendings and SL's etc on your local machine, rather than on the brokers machine. If that's correct, be careful because what would happen if your pending got triggered and then you get a power outage, Internet disconnect, or worse, Windoze crashes? Then you will have to get on the phone to the broker and try to close the trade before any damage to your account can happen. Just something to think about.
That indeed would be a nightmare..but there is a bit of a difference running a script and using an order manager EA.

Using a script, in the context of orders, is somewhat like giving a one-time command to your broker's machine and then walking away...the only party concerned with the command afterwards is your broker's computer..there is no actionable information relating to the order stored on your computer.

Using an order manager is like having someone on your computer who is capable of maintaining a conversation with your broker's computer about any orders you instruct your person/manager to oversee. Some managers have the option of retaining the pre-set [or added after execution] SL and or TP to themselves, but most pass that information to the broker's computer by default, except you specify otherwise. The convenience of managers like luktoms' is its modification of SLs, TPs, BEs etc by dragging those lines on one's chart; and having all that data instantly relayed to your broker.

Quoting realjumper
{quote} The other option is a VPS, but I doubt that there are any free ones out there....or at least *reliable* free ones!
Well, you wouldnt really need a VPS to use an order manager safely (perhaps more for trading robots as we know); but if you had to use a VPS, I know of a reliable free one. Amazon provides such a service, its a bit of a convoluted process setting it up though.
  • #12,696
  • May 2, 2013 6:27am May 2, 2013 6:27am
Quoting Thoughts
{quote}That indeed would be a nightmare..but there is a bit of a difference running a script and using an order manager EA. Using a script, in the context of orders, is somewhat like giving a one-time command to your broker's machine and then walking away...the only party concerned with the command afterwards is your broker's computer..there is no actionable information relating to the order stored on your computer. Using an order manager is like having someone on your computer who is capable of maintaining a conversation with your broker's computer...
Very, very interesting information...thank you

Yes that certainly sounds a much better idea than having SL, TP etc etc on the local machine, which I have always thought of as dangerous, but what you're saying makes perfect sense
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,697
  • May 2, 2013 6:33am May 2, 2013 6:33am
Quoting realjumper
{quote} Very, very interesting information...thank you ..
No RJ, thank you
  • #12,698
  • May 2, 2013 6:54am May 2, 2013 6:54am
Some big SL sweeping went on at the news time....lol....I wonder how many retail traders got caught?!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,699
  • May 2, 2013 7:03am May 2, 2013 7:03am
Hi Everyone

An extremely great system, Hats off to everyone who is a part of such a great system especially RJ you are an inspiration for most of the people like me
I am a newbie and belongs to that area of the world where forex trading is merely a dream
I have taken the initiative and still in the learning phase
This is my first ever post on this forum
I have just taken two trades right now, Can anbody just have a look and let me know If I did the right thing?

Reasons why I have taken these trades
Below Pivot
20 Pips Difference between DP and S1
Stochs Looks Identical
Got 20+ pips as I have placed TP @ S1

I apologize if there is any mistake as English is not my native language
Good Luck everyone
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In Love with Genesis
  • #12,700
  • May 2, 2013 7:04am May 2, 2013 7:04am
Quoting realjumper
Some big SL sweeping went on at the news time....lol....I wonder how many retail traders got caught?!
anyone in?
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