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Genesis Matrix Trading

  • #1,121
  • Edited 1:02pm Jul 26, 2012 7:33am | Edited 1:02pm
Quoting Cody_R
Or from exiting with good profit at a reasonable pivot / s/r / round number profit target, following the trading plan.

Congratulation to Cody, Real Jumper, Olivia (Ohammond) ,Yelena,RJ
,Xaphod and others putting this nice thread and system together.

I use this system but with minor tweak to suit my trading styles and understanding. I hope it is acceptable to use MACD in lieu of Stochastic. The idea is not to replace the pre-set indicator, but to adapt to individual trading styles.

The other things that I would like to suggest is changing the 5EMA to T3 MA (clean), as the line are smoother and it stay close to price.

Attached chart, with T3 MA( Aqua).

your view and comment are welcome.

Congratulation and many pips be with all of you.

Pat Chiko
Attached Image (click to enlarge)
Click to Enlarge Name: eu t3.gif Size: 41 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,122
  • Jul 26, 2012 7:33am Jul 26, 2012 7:33am
Quoting olivierforex
Mid channel support line didn't even get tested yesterday/overnight; 1.2270 target reached; thank you Draghi or was it already in the charts? lol
lol.....doesn't matter if it was or it wasn't......Genesis picked up the moves nice and early
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,123
  • Jul 26, 2012 7:37am Jul 26, 2012 7:37am
Quoting Matrix8756
The whole of Genesis Team For President
It is almost 'the holy grail'
Lets make some green pips
  • #1,124
  • Jul 26, 2012 7:46am Jul 26, 2012 7:46am
Quoting Pat Chiko
Congratulation to Cody, Real Jumper, Olivia (Ohammond) ,Yelena,RJ
,Xaphod and others putting this nice thread and system together.

I use this system but with minor tweak to suit my trading styles and understanding. I hope it is acceptable to use MACD in lieu of Stochastic. The idea is not to replace the pre-set indicator, but to adapt to individual trading styles.

The other things that I would like to suggest is changing the 5EMA to T3 MA (clean), as the line are smoother and it stay close to price.

Attached two chart, one with 5EMA (yellow)...
I just had to delete my post and start again because I have a few things going on here and I got mixed up!!

Anyway.....personally I don't like MACD, but you have obviously tested and found that it's more to your taste.....and that's all good. Some prefer RSI, but I find stochastic tells the whole story, and as people start getting used to it, we can expand the knowledge into divergence etc...which can also work on the MACD, but I think and oscillator does a better job. But that's me!

The 5EMA has proven itself to me over a long, long period and I am pretty comfortable with it. It's a great filter and for me, I will stick with it
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,125
  • Jul 26, 2012 7:50am Jul 26, 2012 7:50am
Quoting realjumper
lol.....doesn't matter if it was or it wasn't......Genesis picked up the moves nice and early
RJ, have you ever kept track on how Genesis is historicaly actually positioned before these big moves (EU comments, QE or data like NFP, GDP...)?

This morning was quite exceptional: Dax, Footsie, Gold, Copper and numerous FX pairs had already turned the right way in the M5 before Draghi started talking/speech was released.
  • #1,126
  • Jul 26, 2012 7:54am Jul 26, 2012 7:54am
Quoting Pat Chiko
The other things that I would like to suggest is changing the 5EMA to T3 MA (clean), as the line are smoother and it stay close to price.
The third line of the Matrix is powered by a T3 MA with a period of 8 rather than the default period of 14 used by the T3 MA (clean). And even though I am a big fan of the T3, for the purposes of gauging when to enter a trade by virtue of the Open of the Heiken Ashi candle clear of the line, the 5EMA usually comes a few candles earlier than the T3 with a period of 14.
  • #1,127
  • Jul 26, 2012 7:56am Jul 26, 2012 7:56am
Quoting olivierforex
RJ, have you ever kept track on how Genesis is historicaly actually positioned before these big moves (EU comments, QE or data like NFP, GDP...)?

This morning was quite exceptional: Dax, Footsie, Gold, Copper and numerous FX pairs had already turned the right way in the M5 before Draghi started talking/speech was released.
No I haven't Oli....but I have noticed how (possibly) 8 out 10 times for major news, the pa moves the right way 5 or 10 minutes prior to the announcement. I'm sure that us 'bottom feeders' get the news last, and the big players...banks, hedge funds etc are privvy to some inside knowledge that we will never get out hands on
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,128
  • Jul 26, 2012 8:06am Jul 26, 2012 8:06am
Wow - what a party

Unfortunately I wasn't at home today but the next big move will come..

Congratulations to all of you..

Mathias
  • #1,129
  • Jul 26, 2012 8:16am Jul 26, 2012 8:16am
Quoting yelena
buy signal

10 pips each on EU, EJ, ChfJ and AU that's additional 40 pips. i love Ny session open
Yelana - how are you determining your targets? I see you were able to take a bunch of pips early this morning, but decided to take only 10 from NY session. Are your larger targets in place only when news is released?
  • #1,130
  • Jul 26, 2012 8:18am Jul 26, 2012 8:18am
Hi Pat Chico,

Can you post that T3 MA indicator please?

Thank you
Dan
  • #1,131
  • Jul 26, 2012 8:23am Jul 26, 2012 8:23am
Quoting dakuki
Hi Pat Chico,

Can you post that T3 MA indicator please?

Thank you
Dan
Dan, in the original zip file you downloaded from page 1, there is an indicator named T3_08_2Color. When you attach that to a chart, change the T3Period to 14 and you'll have it.
  • #1,132
  • Jul 26, 2012 8:23am Jul 26, 2012 8:23am
Quoting Pat Chiko
Congratulation to Cody, Real Jumper, Olivia (Ohammond) ,Yelena,RJ
,Xaphod and others putting this nice thread and system together.

I use this system but with minor tweak to suit my trading styles and understanding. I hope it is acceptable to use MACD in lieu of Stochastic. The idea is not to replace the pre-set indicator, but to adapt to individual trading styles.

The other things that I would like to suggest is changing the 5EMA to T3 MA (clean), as the line are smoother and it stay close to price.

Attached two chart, one with 5EMA (yellow)...
what MACD you use ?
  • #1,133
  • Jul 26, 2012 8:47am Jul 26, 2012 8:47am
Learning from yesterday...I will wait until a trend is confirmed....not just take the first signal that comes my way....i'd be hovering over the sell button yesterday....but today...I'm just going to watch and wait....
  • #1,134
  • Jul 26, 2012 9:05am Jul 26, 2012 9:05am
Quoting yelena
but there's such a thing as momentum. those were 2 simultaneous big-bodied bars (vs the candles that preceded them) that spurred the genesis buy signal + bounce off of DP + news!
You mean sell signal.....but yes I understand your point....I'm taking buys above the 50 ma and sells below it....its not precisely RJ but for someone like me it will filter out a lot of bad trades..

The trend as I see it is still up because it hasn't made a new lower low yet....seems to be caught in a range.....correct?
  • #1,135
  • Jul 26, 2012 9:09am Jul 26, 2012 9:09am
Down 30 pips today
  • #1,136
  • Jul 26, 2012 9:16am Jul 26, 2012 9:16am
Quoting Mr Pippy
You mean sell signal.....but yes I understand your point....I'm taking buys above the 50 ma and sells below it....its not precisely RJ but for someone like me it will filter out a lot of bad trades..

The trend as I see it is still up because it hasn't made a new lower low yet....seems to be caught in a range.....correct?
Mr Pippy.......have you been and done this course? http://www.babypips.com/school/

Now be honest.....have you?

Edit: It's 2.25 am for me, so it's zzzzzz time. If you haven't been and done that course (and I don't think you have), I strongly urge you to go there and do it......and do it all. It doesn't matter if it takes a month or more.....it will save you in the long run and the market will still be here when you get back.

It will speed up your learning curve, promise!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,137
  • Jul 26, 2012 9:40am Jul 26, 2012 9:40am
Quoting realjumper
For me.....my target is 100pips per day. If i get the 100, I might still trade, it depends on the market. I get very choosey after I have my target, but I will take a trade if the trade looks really good.
Is this 100 pips for one contract or 50 pips/ 2 contracts....


Ps. Great system, thanks to everyone who helped.
  • #1,138
  • Jul 26, 2012 12:17pm Jul 26, 2012 12:17pm
I'm an absolute newbie at this, I spent a couple of months researching prior to going live; I found symphonie a while back, studied it, then this. After today, I had to sign up; if only to thank everyone involved in putting the various elements of the system together.

Best Regards
  • #1,139
  • Jul 26, 2012 12:47pm Jul 26, 2012 12:47pm
Wow Genius started Genesis really cool...this gonna be complete pip building thread i m sure
  • #1,140
  • Jul 26, 2012 1:22pm Jul 26, 2012 1:22pm
Dear RJ

I can see why u got the win trades,

but can u please why explain why u didnt take that 2 trades in GU ?

They were fail trades, again, I think its the right signal , with 15m stoch agrees too

I explained to myself that , those trades were fail because there "ECB President Draghi Speaks" in 2-3 hours coming. But I can see you take the short trades in EU and win too

And sorry if I have missed something, what is your new yellow line in stoch ?

Thanks alot


Quoting realjumper
Here we go......EU, GU, EJ and AU
Attached Image (click to enlarge)
Click to Enlarge Name: 26-02.jpg Size: 149 KB
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