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Genesis Matrix Trading

  • #741
  • Jul 22, 2012 8:37am Jul 22, 2012 8:37am
HI Folks,

I posted (here) some days ago a template for inspiration. But there was some indicators not added. Here now the complete Version with all indis and a description image.

have fun!
Attached File(s)
File Type: zip Genesis System 1.0.zip   192 KB | 1,423 downloads
  • #742
  • Jul 22, 2012 8:48am Jul 22, 2012 8:48am
Quoting yelena
just simplifying: once, x-man taught me PA via break of channel while RJ taught me momentum. last friday, we were on the verge of making history, breaking fresh lows. yes, the matrix in M1 were already 3 bars red before i entered. but if we will make history, PA needs to break from the channel (pink horizontal lines) with momentum else it will just bounce off of the S1. the grey vertical lines are just my liner to indicate the M5 bar of which the positions were taken.
je ne sais pa but he's pretty, no?
Hi Yelena,

Thanks for the clarification: I thought that the 3 little red arrows were the actual price levels where you entered the 3 live trades and I couldn't work out why your eurusd entry was much lower than the other 2...if they were simply on the chart to show the candle entry then all makes sense (I have 14.36 for eurusd & 14.37 from eurjpy & chfjpy - break and M1 close below previous support)?

Oui, il est tres beau
  • #743
  • Jul 22, 2012 9:00am Jul 22, 2012 9:00am
A question please - we all live in different time zones and our brokers or charting are in different time zones again. I'm across The Pond here in England with my broker charting 5 hours behind. Yet there seems to be no allowance for this in FXI pivot indi. Some say the recognised day start is 05.00 EDT but not sure if this is true.
  • #744
  • Jul 22, 2012 11:18am Jul 22, 2012 11:18am
Quoting handy148
A question please - we all live in different time zones and our brokers or charting are in different time zones again. I'm across The Pond here in England with my broker charting 5 hours behind. Yet there seems to be no allowance for this in FXI pivot indi. Some say the recognised day start is 05.00 EDT but not sure if this is true.
Hi handy,

I don't believe that there is a recognised day start because of 'ego' as all 3 trading zones (Asia, UK/Europe, US) would like to believe that they are the important one lol

This is just my personal preference, and others may disagree especially if their Pivots work well with their own timezone (that's definitely more important than my opinion lol), but I like the end/start of my charting day to be 22.00 UK/London time (= 23.00 Central European Time (Frankfurt) = 17.00 Eastern Standard Timetime (New York) for the following reasons):

1) this is the time when Forex trading becomes available again on most trading platforms and it gives 5 equal and complete trading days until most platforms shut down again the following Friday at 22.00

2) there is no Sunday data to mess up any MAs and Monday's pivots will take their clues from the previous Friday rather than from the 1 or 2 hours of low liquidity Sunday data.

3) 1 complete 24 hours day include the Asian + UK/European + US sessions in full. You certainly do not want your 'day' to include only a part of the UK/European/US session.

If your are using MT only as a charting platform, then using Alpari-UK (there are others) does the trick, because they have set their servers at UK/London+2 exactly for the reasons stated above.

Oli.
  • #745
  • Jul 22, 2012 12:49pm Jul 22, 2012 12:49pm
Quoting genaja
HI Folks,

I posted (here) some days ago a template for inspiration. But there was some indicators not added. Here now the complete Version with all indis and a description image.

have fun!
Hi genaja,
Out of interest, what are your settings in TDI: I'm asking because my lines look a little bit different from yours.
Here are mine.
Thanks in advance.
Attached Image (click to enlarge)
Click to Enlarge Name: TDI.jpg Size: 41 KB
  • #746
  • Jul 22, 2012 1:38pm Jul 22, 2012 1:38pm
Quoting handy148
A question please - we all live in different time zones and our brokers or charting are in different time zones again. I'm across The Pond here in England with my broker charting 5 hours behind. Yet there seems to be no allowance for this in FXI pivot indi. Some say the recognised day start is 05.00 EDT but not sure if this is true.
If you use sdxpivots (attached) you can play around with the settings until the day start is at 10:00pm London time, which I find are the most accurate and match actionforex.com which a lot of traders use for their pivots.
Attached File(s)
File Type: mq4 SDX-TzPivots.mq4   23 KB | 795 downloads
  • #747
  • Jul 23, 2012 12:16am Jul 23, 2012 12:16am
Rj, Ohammond and Yelena,

I can see that you done ton's of work on the "Genesis" system.
Congrat's your helping people and that is good! Keep up the
great work...you will be rewarded. Karma is good.

Thanks for all your help and support.

snarlyjack
  • #748
  • Jul 23, 2012 1:44am Jul 23, 2012 1:44am
Just wanted some opinion....

I trade only "fresh" signals i.e. a new arrow not continuation of old one. Is this correct?
  • #749
  • Jul 23, 2012 2:05am Jul 23, 2012 2:05am
Quoting Mr Pippy
Just wanted some opinion....

I trade only "fresh" signals i.e. a new arrow not continuation of old one. Is this correct?
It's up to you really. If Genesis sends a good signal and stoch are Yellow 5ema agrees, I will take the trade....or if I am already in a trade, I might add another one. If you're not sure though, there's nothing wrong with staying out.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #750
  • Jul 23, 2012 2:06am Jul 23, 2012 2:06am
Coolio....just waiting for pivot tests on e/u and cable....
  • #751
  • Jul 23, 2012 2:18am Jul 23, 2012 2:18am
Quoting Mr Pippy
Just wanted some opinion....

I trade only "fresh" signals i.e. a new arrow not continuation of old one. Is this correct?
Hi Mr Pippy,

I don't think that there is a correct or an incorrect way to trade re-entries, either with a Matrix signal or an Arrow signal (or both). It really depends on your level of confidence in the strategy and your level of trading experience but sticking to 'standard' entries for a newer trader might be safer.

As an overnight example in Crude Oil M5, the first entry (white line) had all the right criteria (even the M15 matrix was half short - 2nd matrix down) but:
1) the original arrow+matrix entry wasn't the cleanest one as it took a while to get going and had some drawdown
2) the following 3 re-entries (yellow lines) all were great trades with very little drawdown all yielding plenty of pips (100+ for the first one).

It's also a good example showing that when an instrument starts to trend in one direction, then the Stox will go and stay in OB/OS condition for a long time.

Also bear in mind that this is a 'good' example of re-entries: there are plenty of examples too where a matrix-only re-entry (without a new arrow) resulted in a bad trade.

Oli
Attached Image (click to enlarge)
Click to Enlarge Name: Re-entries.jpg Size: 109 KB
  • #752
  • Jul 23, 2012 2:21am Jul 23, 2012 2:21am
Quoting olivierforex
Hi Mr Pippy,

I don't think that there is a correct or an incorrect way to trade re-entries, either with a Matrix signal or an Arrow signal (or both). It really depends on your level of confidence in the strategy and your level of trading experience but sticking to 'standard' entries for a newer trader might be safer.

As an overnight example in Crude Oil M5, the first entry (white line) had all the right criteria (even the M15 matrix was half short - 2nd matrix down) but:
1) the original arrow+matrix entry wasn't the cleanest one as it took...
Another example of why new traders have an edge when trading this system...on the spot advice and guidance...

Quick short for me on e/u...only +3 but hey...pips = profit
  • #753
  • Jul 23, 2012 2:26am Jul 23, 2012 2:26am
if you got in during tokyo open, well and good.

but the current hourly candle bar of the USD index has reached a double top. allow that double top to be broken perhaps before takin any shorts. USD index runs opposite of EURUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 21 KB
  • #754
  • Jul 23, 2012 2:26am Jul 23, 2012 2:26am
Quoting Mr Pippy
Another example of why new traders have an edge when trading this system...on the spot advice and guidance...

Quick short for me on e/u...only +3 but hey...pips = profit
Edit
----

Getting a trending sideways feeling atm for eu and cable....watch and wait i guess
  • #755
  • Jul 23, 2012 2:56am Jul 23, 2012 2:56am
Quoting yelena
if you got in during tokyo open, well and good.

but the current hourly candle bar of the USD index has reached a double top. allow that double top to be broken perhaps before takin any shorts. USD index runs opposite of EURUSD.
Thanks for the tip Yelena.....I didn't check USDX today.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #756
  • Jul 23, 2012 3:09am Jul 23, 2012 3:09am
let's make some pips
  • #757
  • Jul 23, 2012 3:35am Jul 23, 2012 3:35am
Quoting yelena
if you got in during tokyo open, well and good.

but the current hourly candle bar of the USD index has reached a double top. allow that double top to be broken perhaps before takin any shorts. USD index runs opposite of EURUSD.
I'm using the same H1 TF as Yelena from July 12th for the Euro Index (the inverse of the $ Index) but we are seeing a different picture here: Euro Index is clearly bearish on H1: previous support gave way (no double bottom) and we're out of the parallel channel too.

This suggests that the recent EurUsd drop was a result of Euro weakness rather than $ strength. If we bounce up to the 97.00/35 area and it gets rejected, then new longer term eurusd shorts will be in order....
Attached Image (click to enlarge)
Click to Enlarge Name: Euro Index.png Size: 22 KB
  • #758
  • Jul 23, 2012 3:38am Jul 23, 2012 3:38am
Can someone just check if my pivots are correct. I always thought my pivots worked but checking actionforex today it seems the numbers differ. I am using the normal FXI Pivots indicator and london open is 10AM on my chart so think that makes me GMT+3 Chart is 5mins EURUSD

R1: 1.22436
P: 1.21936
S1: 1.21048
S2: 1.20548
Attached Image (click to enlarge)
Click to Enlarge Name: pivots.jpg Size: 159 KB
  • #759
  • Jul 23, 2012 3:43am Jul 23, 2012 3:43am
guys, i'm going to evaluate this and apply to binary options trading. hope it will be profitable. thanks for sharing this strategy. hoping for the success of those behind this thread and of those following it.
botsog
  • #760
  • Jul 23, 2012 3:44am Jul 23, 2012 3:44am
Got stopped out on the e/u on the 1m sell signal just gone....seemed to be ok but sudden bull burst took me out
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