Genesis Matrix Trading | Page 50 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #981
  • Jul 25, 2012 4:07am Jul 25, 2012 4:07am
Quoting yelena
pls remove the heiken aishi candle. and turn on the candle bars..... and it reveals the actual PA and remember to look down! coz i didnt also notice that the bars were already so far off
Normal candlesticks fxpro.
Attached Image (click to enlarge)
Click to Enlarge Name: nogap.gif Size: 32 KB
  • #982
  • Jul 25, 2012 4:09am Jul 25, 2012 4:09am
Quoting magdelen
I am already in this short, hoping it will retest the pivot
What made you go short?
  • #983
  • Jul 25, 2012 4:10am Jul 25, 2012 4:10am
I'm not an mt4 expert but it may be that price moved too quickly for the platform to catch it. Either way, I take signals on a web based broker ETX and use my demo account for genesis. No gap on either my demo or web based broker so I'd say treat it as just a major move down.

Was about to start looking seriously at the G/U for the move abck up...only I saw the ATR has been smashed both ways so its a bit of a dud maybe? Dunno....
  • #984
  • Jul 25, 2012 4:12am Jul 25, 2012 4:12am
Quoting yelena
darn it! i really have a gap. axi trader and dukascopy real accounts.

but my demo do not have gaps

maybe because my head has a gap

Yes, demo accounts have very rarely gaps. One of the facts because live trading is different then demo practice.

I hope you didn't got a loss because of that gap...


chriss
  • #985
  • Jul 25, 2012 4:12am Jul 25, 2012 4:12am
Quoting Mr Pippy
I'm not an mt4 expert but it may be that price moved too quickly for the platform to catch it. Either way, I take signals on a web based broker ETX and use my demo account for genesis. No gap on either my demo or web based broker so I'd say treat it as just a major move down.

Was about to start looking seriously at the G/U for the move abck up...only I saw the ATR has been smashed both ways so its a bit of a dud maybe? Dunno....
No not both ways, remember when it hits the first ATR line (low 2 in this case) it brings the higher lines down to show you where it will likely max out if it goes back up.
  • #986
  • Jul 25, 2012 4:13am Jul 25, 2012 4:13am
Quoting yelena
darn it! i really have a gap. axi trader and dukascopy real accounts.

but my demo do not have gaps

maybe because my head has a gap
.... I want a gap head too
.... laughing all the way to the bank
  • #987
  • Jul 25, 2012 4:15am Jul 25, 2012 4:15am
Quoting ohammond
No not both ways, remember when it hits the first ATR line (low 2 in this case) it brings the higher lines down to show you where it will likely max out if it goes back up.
Right thanks for that, a vital piece of info. I presumed that once both lines had been hit the market would be exhausted and not move but thx for bringing me up to speed!
  • #988
  • Jul 25, 2012 4:19am Jul 25, 2012 4:19am
Goddamn spike froze all my fine charts.
Had to bring up my NFPR templates with nearly nothing on it to ease the load for my pc and took a few shorts on the eurusd out of the stomach (experience paid out). Up 20 pips right now. Winning goes both ways -
  • #989
  • Jul 25, 2012 4:24am Jul 25, 2012 4:24am
Quoting ohammond
What made you go short?
Was just hoping for a test of the pivot, stoopid i know, got to stop guessing
  • #990
  • Jul 25, 2012 4:24am Jul 25, 2012 4:24am
Quoting magdelen
Was just hoping for a test of the pivot, stoopid i know, got to stop guessing
Use genesis...
  • #991
  • Jul 25, 2012 4:27am Jul 25, 2012 4:27am
Quoting magdelen
Was just hoping for a test of the pivot, stoopid i know, got to stop guessing
hi magdalen...i don't have a genesis short signal on 5mn aud/usd..and please remember that trades towards pivots are low odds, so make sure you have enough distance to move to BE
  • #992
  • Jul 25, 2012 4:27am Jul 25, 2012 4:27am
With cable on the rise how would people treat the 00 level....surely gotta be a bit wary? Maybe only buy if close above...never sure about these sorts of trades
  • #993
  • Jul 25, 2012 4:28am Jul 25, 2012 4:28am
Quoting magdelen
Was just hoping for a test of the pivot, stoopid i know, got to stop guessing
I wouldn't say it was stupid, risky yes, but not stupid.
  • #994
  • Jul 25, 2012 4:30am Jul 25, 2012 4:30am
Quoting Mr Pippy
With cable on the rise how would people treat the 00 level....surely gotta be a bit wary? Maybe only buy if close above...never sure about these sorts of trades
I don't take too much notice of round numbers, they are obviously s/r but if I take all s/r into consideration with trades I would never put one in.
  • #995
  • Jul 25, 2012 4:32am Jul 25, 2012 4:32am
Quoting ohammond
I don't take too much notice of round numbers, they are obviously s/r but if I take all s/r into consideration with trades I would never put one in.
Yes, having looked left on the chart it seems it hasn't troubled PA...how are you looking at the GU now? 15 min stoch looks solid buy even if 5 stoch is a bit on the high side...
  • #996
  • Jul 25, 2012 4:34am Jul 25, 2012 4:34am
Until now, a short signal with e/u looks most rewarding, g/u has d-pivot in front to move up.

e/u already moves sideways... so my eyes there to wait for signal with genesis...



chriss
  • #997
  • Jul 25, 2012 4:42am Jul 25, 2012 4:42am
..unfortunately the GU 5Min-Stoch was already OB when the Genesis signals turned white. No trade - at least for me.
  • #998
  • Jul 25, 2012 4:42am Jul 25, 2012 4:42am
Quoting chrissfx
Until now, a short signal with e/u looks most rewarding, g/u has d-pivot in front to move up.

e/u already moves sideways... so my eyes there to wait for signal with genesis...



chriss
As far as I was concerned...pre big move....the G/U was overbought on the 5 so no setup....the 15 looked healthy tho.....but I wouldn't have taken this on even with hindsight as as I read it, you never buy usually when the stoch is in overbought on the trigger bar....again my inexperience is probably against me on this one but hey.
  • #999
  • Jul 25, 2012 4:44am Jul 25, 2012 4:44am
Quoting ohammond
I don't take too much notice of round numbers, they are obviously s/r but if I take all s/r into consideration with trades I would never put one in.
Absolutely...we already have daily/weekly/monthly pivots, basic trendlines, atr projections....where do you stop adding stuff?
It's a fine line between having an extra filter to stop a bad trade and/or missing out on a good trade, but the more complicated you make it the more indecisions it will bring to your trading.
Keep it simple, honestly.
  • #1,000
  • Jul 25, 2012 4:46am Jul 25, 2012 4:46am
Quoting olivierforex
Absolutely...we already have daily/weekly/monthly pivots, basic trendlines, atr projections....where do you stop adding stuff?
It's a fine line between having an extra filter to stop a bad trade and/or missing out on a good trade, but the more complicated you make it the more indecisions it will bring to your trading.
Keep it simple, honestly.
Noted. Many thanks for the insight
19 traders viewing now