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Genesis Matrix Trading

  • #781
  • Jul 23, 2012 5:34am Jul 23, 2012 5:34am
Quoting Mr Pippy
Did anyone take the last 5 min buy signal on e/u? I didn't because the 15 stoch wasn't coming from a great place....PA was just below prev low...opinions?
I turned it down as the PA seems to be having real difficulty in holding above the 2115/20 area.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #782
  • Jul 23, 2012 5:36am Jul 23, 2012 5:36am
Quoting christiaandu
Yeah thats just to remove the lagging line. Some people turn it off in the colour settings. The main line is still the same.
Indeed...well you learn every day (I always set colour to 'none' & didn't know of this other 'trick').
  • #783
  • Jul 23, 2012 5:38am Jul 23, 2012 5:38am
Did anyone take the AJ M5 long signal?
  • #784
  • Jul 23, 2012 5:40am Jul 23, 2012 5:40am
Quoting Mr Pippy
Did anyone take the last 5 min buy signal on e/u? I didn't because the 15 stoch wasn't coming from a great place....PA was just below prev low...opinions?
Yes I took that long but I don't always use the stochs for my trade decisions.
.... laughing all the way to the bank
  • #785
  • Jul 23, 2012 5:41am Jul 23, 2012 5:41am
Quoting Bogie
Did anyone take the AJ M5 long signal?
Was good for a cheeky scalp trade with the pivot as target but spread is 4 on my broker so for me i didn't take it.
  • #786
  • Jul 23, 2012 5:46am Jul 23, 2012 5:46am
Quoting olivierforex
Also i've just noticed that both your M5 & M15 stox are 11,1,3 rather than RJ's recomended 11,3,3....
11,1,3 settings allows you to overlay other timeframes on the same window. So you can have 5,15,30 etc stochs on one chart .Its basically the same as 11,3,3 .
.... laughing all the way to the bank
  • #787
  • Jul 23, 2012 5:53am Jul 23, 2012 5:53am
Quoting Mr Pippy
Was good for a cheeky scalp trade with the pivot as target but spread is 4 on my broker so for me i didn't take it.
I use Oanda. 2 pip spread.
+20 so far.
Attached Image (click to enlarge)
Click to Enlarge Name: AJM5 Plus20pips.jpg Size: 492 KB
  • #788
  • Jul 23, 2012 5:53am Jul 23, 2012 5:53am
Quoting Mr Pippy
Did anyone take the last 5 min buy signal on e/u? I didn't because the 15 stoch wasn't coming from a great place....PA was just below prev low...opinions?
..... the stoch will probably be better positioned on the retrace for the long.
.... laughing all the way to the bank
  • #789
  • Jul 23, 2012 5:57am Jul 23, 2012 5:57am
Quoting itsallover
..... the stoch will probably be better positioned on the retrace for the long.
We have a couple of highs just above PA at the moment on E/U this is where my inexperience pops up because my tendency is to wait to see what happens with these especially in this scenario where we#re expecting price to continue up (or not lol). I always try and absorb whatever information I can from the experienced among us on these sorts of situations.

Right now I've no idea what to do....seems to me today is just a nightmare for PA!
  • #790
  • Jul 23, 2012 6:05am Jul 23, 2012 6:05am
Quoting Mr Pippy
We have a couple of highs just above PA at the moment on E/U this is where my inexperience pops up because my tendency is to wait to see what happens with these especially in this scenario where we#re expecting price to continue up (or not lol). I always try and absorb whatever information I can from the experienced among us on these sorts of situations.

Right now I've no idea what to do....seems to me today is just a nightmare for PA!
On 15M its clear Genesis up since a while, over S1, current Target pivot line, why not? I am in since 1.2105 will see how works this nice system..
" Accepting losses is the most important single investment devise "
  • #791
  • Jul 23, 2012 6:08am Jul 23, 2012 6:08am
Quoting Mr Pippy
We have a couple of highs just above PA at the moment on E/U this is where my inexperience pops up because my tendency is to wait to see what happens with these especially in this scenario where we#re expecting price to continue up (or not lol). I always try and absorb whatever information I can from the experienced among us on these sorts of situations.

Right now I've no idea what to do....seems to me today is just a nightmare for PA!
lol. I'm far from the experienced trader but I am making fewer errros. (oh dear errors)

One tip which may help you . Usually but not always, PA tends to make a move between 7-11am GMT After this time it retraces and resumes its trend or reverses on the open of New York session. So you may not see any action til about 1 PM.(GMT)
.... laughing all the way to the bank
  • #792
  • Jul 23, 2012 6:13am Jul 23, 2012 6:13am
Quoting freedom48
On 15M its clear Genesis up since a while, over S1, current Target pivot line, why not? I am in since 1.2105 will see how works this nice system..

Yup.....that's a good call
Doing what you like is Freedom. Liking what you do is Happiness.
  • #793
  • Jul 23, 2012 6:13am Jul 23, 2012 6:13am
Quoting itsallover
lol. I'm far from the experienced trader but I am making fewer errros. (oh dear errors)

One tip which may help you . Usually but not always, PA tends to make a move between 7-11am GMT After this time it retraces and resumes its trend or reverses on the open of New York session. So you may not see any action til about 1 PM.(GMT)
I will get the hang of this eventually lol
  • #794
  • Jul 23, 2012 6:16am Jul 23, 2012 6:16am
Quoting Mr Pippy
I will get the hang of this eventually lol
.... laughing all the way to the bank
  • #795
  • Jul 23, 2012 6:18am Jul 23, 2012 6:18am
Quoting Mr Pippy
I will get the hang of this eventually lol
Mr Pippy......do have the arrow on your chart?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #796
  • Jul 23, 2012 6:24am Jul 23, 2012 6:24am
So right now on the e/u on 5 min it looks like we're getting a bit of a pull back or retrace.....is worth a trade on the retrace or better to wait for the resumption / reveral on the open?
  • #797
  • Jul 23, 2012 6:26am Jul 23, 2012 6:26am
Crowded in here
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  • #798
  • Jul 23, 2012 6:30am Jul 23, 2012 6:30am
Quoting Mr Pippy
So right now on the e/u on 5 min it looks like we're getting a bit of a pull back or retrace.....is worth a trade on the retrace or better to wait for the resumption / reveral on the open?
I'd personally wait for the main trend. You never know how far a retrace will go. Some people scalp counter trends for 10 pips or so.
.... laughing all the way to the bank
  • #799
  • Jul 23, 2012 6:31am Jul 23, 2012 6:31am
Quoting itsallover
I'd personally wait for the main trend. You never know how far a retrace will go. Some people scalp counter trends for 10 pips or so.
I feel my knowledge tank filling with every tid bit.....appreciated!!
  • #800
  • Jul 23, 2012 6:32am Jul 23, 2012 6:32am
Quoting Mr Pippy
I feel my knowledge tank filling with every tid bit.....appreciated!!
Oh Mr Pippy.......do you have the arrow on your charts?
Doing what you like is Freedom. Liking what you do is Happiness.
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