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Genesis Matrix Trading

  • #801
  • Jul 23, 2012 6:46am Jul 23, 2012 6:46am
The arrow is on my charts but I'm waiting for the NY open
  • #802
  • Jul 23, 2012 6:54am Jul 23, 2012 6:54am
Quoting Mr Pippy
The arrow is on my charts but I'm waiting for the NY open
Never mind NY open.......try this little exercise. The pairs I trade are:

EU
GU
EJ
AU
UJ

Now......Just before frankfurt open, in each case there was an arrow. Lets pretend you entered a trade with each and every arrow on those charts from just before frankie open until now, and with no questions asked, and no other indication or analysis. Had you done that, some trades you would have got stopped out of, if you didn't manually exit for a small loss. The other trades were winners......some of them were BIG winners. If you have taken each and every trade on the arrow, you would be in a pretty good profit right now.

I'm not suggesting that you or anyone do this for real, I'm trying to point out how easy trading can be.

Don't over complicate it!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #803
  • Jul 23, 2012 6:58am Jul 23, 2012 6:58am
Quoting olivierforex
Good earlier setup on EurAud:
+: arrow, matrix, M5 stox ok, M15 stox better (yellow), H1 stox not OB (orange), DP held
-: open just about clear of the MA, M15 matrix still all red then
Good for 30 pips with exit at S1 (yellow circle)
EurAud update:
2nd part exit at the LFL-ATR Daily Projection (yellow arrow) for +47 (I was out already at S1 but it shows that this TP indicator is very good...)
Oli
Attached Image(s) (click to enlarge)
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  • #804
  • Jul 23, 2012 7:00am Jul 23, 2012 7:00am
Quoting Mr Pippy
I feel my knowledge tank filling with every tid bit.....appreciated!!
The learning curve is still very steep. Unfortunately.

Have you tried websites like http://www.babypips.com/school/ I learnt a lot from this website and if you are interested I can post a few threads that I found very helpful.
.... laughing all the way to the bank
  • #805
  • Jul 23, 2012 7:00am Jul 23, 2012 7:00am
Quoting realjumper
Never mind NY open.......try this little exercise. The pairs I trade are:

EU
GU
EJ
AU
UJ

Now......Just before frankfurt open, in each case there was an arrow. Lets pretend you entered a trade with each and every arrow on those charts from just before frankie open until now, and with no questions asked, and no other indication or analysis. Had you done that, some trades you would have got stopped out of, if you didn't manually exit for a small loss. The other trades were winners......some of them were BIG winners. If you have taken each...
All noted, all absorbed....all appreciated once again!!!!
  • #806
  • Jul 23, 2012 7:06am Jul 23, 2012 7:06am
Quoting realjumper
Never mind NY open.......try this little exercise. The pairs I trade are:

EU
GU
EJ
AU
UJ

Now......Just before frankfurt open, in each case there was an arrow. Lets pretend you entered a trade with each and every arrow on those charts from just before frankie open until now, and with no questions asked, and no other indication or analysis. Had you done that, some trades you would have got stopped out of, if you didn't manually exit for a small loss. The other trades were winners......some of them were BIG winners. If you have taken each and every...
Sounds like a plan for an EA to me, i always seem to get in too late on the arrows
  • #807
  • Jul 23, 2012 7:10am Jul 23, 2012 7:10am
Quoting itsallover
The learning curve is still very steep. Unfortunately.

Have you tried websites like http://www.babypips.com/school/ I learnt a lot from this website and if you are interested I can post a few threads that I found very helpful.
I have looked at that site and will continue to do so....many thanks!!!
  • #808
  • Jul 23, 2012 7:10am Jul 23, 2012 7:10am
Quoting magdelen
Sounds like a plan for an EA to me, i always seem to get in too late on the arrows
Look at the charts I suggested......from just before frankie open to now.....see for yourself
Doing what you like is Freedom. Liking what you do is Happiness.
  • #809
  • Jul 23, 2012 7:17am Jul 23, 2012 7:17am
Banked 12 pips so far today
  • #810
  • Jul 23, 2012 7:40am Jul 23, 2012 7:40am
PA is at the 'make or break stage'......if the daily low crumbles, we could see a decent drop here
Doing what you like is Freedom. Liking what you do is Happiness.
  • #811
  • Jul 23, 2012 7:45am Jul 23, 2012 7:45am
Quoting realjumper
PA is at the 'make or break stage'......if the daily low crumbles, we could see a decent drop here
Which presumably confirms trend direction, a market reset....and once the stochs sort themselves out...opportunities...??
  • #812
  • Jul 23, 2012 7:46am Jul 23, 2012 7:46am
Something that has helped give me more confidence to take these trades (and to stay in them) is to add a 13 EMA to the chart. Make the color Magenta and make the line thicker than the 5 EMA yellow line.

For example, put it on a 15 min AUD/USD and look at the last 5 arrows. 3 shorts and 2 longs. The 3 shorts would have won and based on the rules you would not have taken the 2 longs (both losers) because the stoch had not "recently" come from below 20.
Always a Student, Never a Master - Emulate What Works
  • #813
  • Jul 23, 2012 7:47am Jul 23, 2012 7:47am
Hi all!
Didn't have time to trade and follow the thread past week (now it seems to read about 50 pages)
But here are my trades today taken after LO
EU -5.7 (my target was 1.2175, maybe should exit at about 1.2135, but closed manually after opposite signal)
EJ +39.4
EG +12.8 (i know this pair has low ADR, but pip value and low spread make it attractive for me sometimes)
Overall +46.5

Thank you again!
Attached Image(s) (click to enlarge)
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  • #814
  • Jul 23, 2012 7:47am Jul 23, 2012 7:47am
Quoting Mr Pippy
Which presumably confirms trend direction, a market reset....and once the stochs sort themselves out...opportunities...??
I was in this short ages ago
Doing what you like is Freedom. Liking what you do is Happiness.
  • #815
  • Jul 23, 2012 7:55am Jul 23, 2012 7:55am
1.2060 is 161% extension of last 2 weeks move (careful if short $EURUSD down here for a bounce)
  • #816
  • Jul 23, 2012 8:21am Jul 23, 2012 8:21am
Worth a cheeky long on e/u if signal occurs or wait for pivot bounce?
  • #817
  • Jul 23, 2012 8:54am Jul 23, 2012 8:54am
Need to analyse myself today....seemed to have missed everything for one reason or another and now the stochs are screwed 15 min wise and atr are all but exhausted except for e/u

Arrrrrggghh
  • #818
  • Jul 23, 2012 8:58am Jul 23, 2012 8:58am
Quoting yelena
hun, when the bottom ATR is exhausted, you look for the opposite esp when london has already closed
Lol Yelena ensures order is restored! I'll shut up now and get down to business, sorry for my failings peeps!
  • #819
  • Jul 23, 2012 8:59am Jul 23, 2012 8:59am
Quoting Mr Pippy
Need to analyse myself today....seemed to have missed everything for one reason or another and now the stochs are screwed 15 min wise and atr are all but exhausted except for e/u

Arrrrrggghh
The short from 2116 was a textbook short....Genesis + Stoch + Yellow EMA and even the arrow.......how did you miss that?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #820
  • Jul 23, 2012 9:01am Jul 23, 2012 9:01am
Quoting Mr Pippy
Lol Yelena ensures order is restored! I'll shut up now and get down to business, sorry for my failings peeps!

nah... pls go on.... its the only way to learn.
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