Genesis Matrix Trading | Page 58 | 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

  • #1,141
  • Jul 26, 2012 2:13pm Jul 26, 2012 2:13pm
Quoting frontline141
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
Hi front,

I'm not RJ, but maybe this pic helps you.

Rergards
Attached Image (click to enlarge)
Click to Enlarge Name: gu front.jpg Size: 111 KB
  • #1,142
  • Jul 26, 2012 4:32pm Jul 26, 2012 4:32pm
Quoting frontline141
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
I was taught ages ago by an extremely good trader, always look left. If you look to your left on the chart you will see that although GU had tried quite a number of times to drop below the Asia low it hadn't been able to close below it, 1.5470, whether there is a pivot already drawn there or not you have to take note of things like that, Frankie opened and couldn't close below, then London opened and couldn't close below it. There is no way RJ would have taken the trade so close to the low, and if he had he would have moved to BE very quickly.
  • #1,143
  • Jul 26, 2012 4:40pm Jul 26, 2012 4:40pm
Quoting frontline141

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

Thanks alot
I think you'll find its the 15min stoch overlaid with just the one line showing instead of both, the second line has the colour set at none.
  • #1,144
  • Jul 26, 2012 4:41pm Jul 26, 2012 4:41pm
Exactly - it's an old maxim but it's true - "look left to look right"
  • #1,145
  • Jul 26, 2012 6:17pm Jul 26, 2012 6:17pm
Quoting nadar
Is this 100 pips for one contract or 50 pips/ 2 contracts....


Ps. Great system, thanks to everyone who helped.

100 pips total
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,146
  • Jul 26, 2012 6:27pm Jul 26, 2012 6:27pm
Quoting frontline141
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
I didn't take those trades in GU because I was looking to enter on EU and EJ, both trades I took. I try to not enter more than 2 trades at any one time unless they are protected by a SL that is at least at break even. Also, I favour EU and EJ more than GU because GU can be very volatile and whip about, which it did in this case. GU is my least favourite pair of the group to trade and my advice to you would be to not trade it unless the signal is irresistible. EU and EJ are less prone to jumping about......especially during the frankie hour.

The yellow line on my stoch is the 15 minute stoch, with one line removed.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,147
  • Jul 26, 2012 6:41pm Jul 26, 2012 6:41pm
Quoting ohammond
I was taught ages ago by an extremely good trader, always look left. If you look to your left on the chart you will see that although GU had tried quite a number of times to drop below the Asia low it hadn't been able to close below it, 1.5470, whether there is a pivot already drawn there or not you have to take note of things like that, Frankie opened and couldn't close below, then London opened and couldn't close below it. There is no way RJ would have taken the trade so close to the low, and if he had he would have moved to BE very quickly....
All good points Olivia. Sometimes it's kind of like crossing the road, you don't consciously 'look left, look right' before crossing, but you *do* look left and right before crossing!! You are correct in what you say, and for me, GU will always be the 'last cab off the rank' when choosing trades......I much prefer the other pairs.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,148
  • Jul 26, 2012 10:38pm Jul 26, 2012 10:38pm
Quoting jurn_e
Genesis Simplified M15

Chart: EURUSD
Timeframe: M15
Trading Hours: GMT 0600 to GMT 1600
Stoploss: At previous Swing High/Low
Take Profit: At the next Support Resistance

This is my take on Genesis.
I have tried M15 for a week, its simple and hassle free.
One problem on your charts is you are putting the right vertical line on the signal but you have to enter the market on the next bar. So some of your trades are too late and are already at the pivot lines.
  • #1,149
  • Jul 27, 2012 1:17am Jul 27, 2012 1:17am
Good morning/aftertoon everyone
  • #1,150
  • Jul 27, 2012 1:31am Jul 27, 2012 1:31am
Quoting magdelen
Good morning/aftertoon everyone
Good morning Magdelen
  • #1,151
  • Jul 27, 2012 2:08am Jul 27, 2012 2:08am
The Ftse taken a big tumble
  • #1,152
  • Jul 27, 2012 2:33am Jul 27, 2012 2:33am
Quoting magdelen
The Ftse taken a big tumble
Where did you see that?
  • #1,153
  • Jul 27, 2012 2:35am Jul 27, 2012 2:35am
Quoting tortoise
One problem on your charts is you are putting the right vertical line on the signal but you have to enter the market on the next bar. So some of your trades are too late and are already at the pivot lines.
Just to clarify...yes the entry is on the next bar, but at the start of the next bar, and as we all know, unless there is a big data release or important news, the price at the start of a new bar is rarely different than the price at the end of the previous bar (maybe 1 or 2 pips max)
  • #1,154
  • Jul 27, 2012 2:48am Jul 27, 2012 2:48am
Quoting ohammond
Where did you see that?

on my charts, i trade the ftse, or at least i try to
  • #1,155
  • Jul 27, 2012 3:07am Jul 27, 2012 3:07am
Looks like the bears have taken over asylum
  • #1,156
  • Jul 27, 2012 3:21am Jul 27, 2012 3:21am
Hello! First post here. Not a very big FF user but liked this system. Will learn and contribute a bit later.

Am I right to say that it is a Sell trade in EU based on the 1M/5M chart, and targetting DP?
Faith with Action
  • #1,157
  • Jul 27, 2012 3:24am Jul 27, 2012 3:24am
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 chart, with T3 MA( Aqua).


your...
you change chart ?
  • #1,158
  • Jul 27, 2012 3:25am Jul 27, 2012 3:25am
Quoting hinnavaru
Hello! First post here. Not a very big FF user but liked this system. Will learn and contribute a bit later.

Am I right to say that it is a Sell trade in EU based on the 1M/5M chart, and targetting DP?
Perhaps you could read the first few pages of the thread.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,159
  • Jul 27, 2012 3:26am Jul 27, 2012 3:26am
Quoting magdelen
Looks like the bears have taken over asylum
Hee hee hee......I don't care who's running the asylum, I'll go either way!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,160
  • Jul 27, 2012 3:35am Jul 27, 2012 3:35am
RJ,
as the stochs are now oversold, should we ride it back up if we get the get go, even though its in bear trend?
9 traders viewing now