Genesis Matrix Trading

Ducati and Jose Cuervo .... you are great man

Later I will post my trade today ... Just let me say I am still short from 1,225 waiting for PA and NY opening

ciao

wiz

Believe me, it is not pneumonia, you would not put up with that for 10 days without seeking medical attention; at not the type of pneumonia I had anyway.

Pneumonia

Have been to the docs, gave me antibiotics, but i feel no different now than 10 days ago

Yes i know, its one of my nasty little habits that i have to get rid off by December. Dicipline, Dicipline, Dicipline

How NOT to trade folks,

Do not take sells, near a weekly support level, or when you are bored

LOL I knew before I looked that she would have deleted that post!!

The bears are strong across the board today.......what a nice way to finish the week

Yes please BEAR with me while i pocket some pips

Very nice, have to go out now so will finish up I think

Wow at least one other Brit in here then - when you feel up to it can you post your DWM pivot indi please.

Took this of the failed Daily support

It's been a pretty good week, each day was a green day and today was the bonus for the week. I'm going to call it a day because it's 2am for me, so have a great weekend and thanks for supporting the thread.

More green pips next week.

Hasta luego

Fan of big twins (ex-TLS owner here)?
Oli

Baluda's last version 1.0.3 DWMPivots.mq4, take a look at http://www.stevehopwoodforex.com/php...php?f=45&t=629

Nice......any more than 2 cylinders is a waste of metal!!

thx

I am calling it a day now folks, getting really tired.
If i am back on Monday, then i will still be ill, if not, i will be at work.
Happy pippin to all, catch u later alligators

N/Y session is cruising along. It's 8:30 a.m. here in
Mountain Standard time. The "Dow" is currently down
75 pips. For those of us who trade the N/Y session we'll
see how the day unfolds...

Thanks Futurespeter for the DWM Pivot indicator, at first
glance it looks good. For all you London traders have
a great weekend.

Ohammond, I like your picture. Sounds to me like London
is a very busy place with all that's going on with the
Olympics. By the way I would love to go to London!

Have a good weekend,

snarlyjack

Hello fellow traders! (my 1st post )

I'm an absolute noob but i have done about 7 months of educating myself about forex. I congratulate the traders that developed this system and wish them great success (even greater success ).

As i was reading what people are saying and attempting to trade the system myself I ended up losing money primarily because well..im a noob. But id love some help to hopefully fix that, like eg i always end up opening a valid position based on seeing an arrow (and all other criteria) and it does reach ~10pips profit, but it immediatly goes against me by 30 or so pips and hits my SL. But this happens EVERYTIME! Feels like by the time I enter the trade (candle after the arrow) the trend reverses or the opposite arrow appears before I can get the ~30pip profits u guys show. i feel like im missing something very basic. Perhaps its a skill obtained from years of experience but how do you know when the trend is at its max/min? I do use price action but its often insufficient. Do you guys wait for a candle to break the EMA? any advice would be much appreciated.

Also, I seem to have different looking charts to one of the traders here even though these are from the same timeframe, with the same indicators applied :S. Notice how we have different highs, lows and different red candles and white candles. Anyone want to tell me why?

Cheers for the help.

Here my trade today EU (red vertical lines entry/exit) :

Set up :
Price has been ranging between DP and 1.225 (35 pips range) for many hours. A couple after London open PA touches again DP and bounces back and makes an outside bar in H1 TF.

· H1 PA below MA5
· H1 matrix 4 red
· Stoch is heading down with a possible crossover
· Arrow is ON since yesterday
· time : middle of London session
additional notes : PA bounced from daily pivot (blue line) three times


Entry :
· PA below M5 as per RJ input
· M5 matrix 3 out of 4 red but with a long red candle (strong movement)
· Stoch crossover below 70
· Arrow is ON
· Entry @ 1,2251

Exit :
After 20 pips I moved my SL to BE to protect my trade and waited for PA reaction close to S1 which is also yesterday low and trendline support (Strong resistance)
PA looked like to knock this resistance and I decided to keep my position open waiting for more strong price signal.
After breakout I waited for S2 target. As per S1 price didn’t seem to be able to reverse and my feeling was price was looking for 1.2165 (old last week low)

As soon as the price was close to this low I closed 1/3 of my position at 1,2156 with 95 pips on hand and I let open overnight the 2/3 of my position.
I will follow this trade according to the PA next week ready to close or scale in.

Feel free to comment.

Have a great week end
ciao
wiz