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Genesis Matrix Trading

  • #1,301
  • Jul 30, 2012 3:56am Jul 30, 2012 3:56am
Quoting Kanderpro
Thanks to RJ, Olivia, Yelena, Xaphod and Cody for an excellent, focussed thread.
The Forex Factory Calendar describes the timing of the release of the high-impact Italian 10 year bond auction figures as "tentative." I don't particularly want to enter a trade around the time of the release. Does anyone know of a source that gives an expected time of release of the figures?
Thanks,
Kan
I think it's a bit of a secret but if I find out I'll post it
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,302
  • Jul 30, 2012 4:40am Jul 30, 2012 4:40am
Quoting realjumper
I think it's a bit of a secret but if I find out I'll post it
The auction is done and dusted www.forexlive.com
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,303
  • Jul 30, 2012 4:54am Jul 30, 2012 4:54am
Quoting realjumper
The auction is done and dusted www.forexlive.com
took a short on EU:small loss
then reversed on the 1 m signal for a nice profit...so far 3 plus out of 4...fun fun...gracias again.
  • #1,304
  • Edited 5:52am Jul 30, 2012 5:30am | Edited 5:52am
Quoting olivierforex
Looking ahead:

EU: Friday's low 1.2242, today's S1 1.2245, Weekly Pivot 1.2250 ---> plenty of potential support in this area....
M5 & M15 Stox OS now: if we get a test/retest of this area + a Genesis long signal then most of my criteria will be met.

UC: exactly the same (inverse) picture.

EY & CY are similar too apart from the fact that they are both below their Weekly Pivot so extra care/filter will be needed for me to take a long on these 2
It unfolded as expected in EU + UC good for 15 pips each.
EY & CY still can't shake their weekly pivot.
After Thursday & Friday's big moves up I wouldn't be surprised if we get a rangebound/consolidation day today. I hope not but it's a possibility....

Edit: the entry was on M1 charts on a close above/below the recent high/low (EU/UC)
  • #1,305
  • Jul 30, 2012 5:43am Jul 30, 2012 5:43am
Obviously everyone has their own views and risk management strategy.

However as Olivia highlighted, if you're wanting to use variable lot sizes, doing calculations in a hurry can be a nightmare.

Hence I just wanted to share a very handy tool I came across for those who may want to adjust position size per trade. It works quite well with accounts in different currencies etc. You can set it either use ATR SL or a fixed SL.

e.g. in my case, my account is in NZD, and I use ATR to set SLs, and only want to risk 2%, so the number of lots I can enter to maintain that varies quite a lot between different trades on the same pair and even more so between different pairs - this tells me exactly how many lots I need to trade.

I've attached the original (which is a little ugly) and also my modification to it which just makes it slightly prettier.

I'm not saying anyone has to use it - just that it's there.
Attached Image
Attached File(s)
File Type: rar RiskLotIndicator.rar   20 KB | 733 downloads
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #1,306
  • Jul 30, 2012 6:13am Jul 30, 2012 6:13am
Long entry +10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gen.gif Size: 34 KB
  • #1,307
  • Jul 30, 2012 6:40am Jul 30, 2012 6:40am
Anyone find anything on EU?

Look like today is a sleepy day....time for dinner...
Patience, let the market come to you!
  • #1,308
  • Jul 30, 2012 6:44am Jul 30, 2012 6:44am
Hi all, just joined and been following this thread for a few days.

Started trading it this morning and so far 3 trades, 2 unsuccessful. Trading on just the GU, but the strategy is superb and hope to continue using it for a long time.
  • #1,309
  • Jul 30, 2012 6:44am Jul 30, 2012 6:44am
Quoting dashisiong
Anyone find anything on EU?

Look like today is a sleepy day....time for dinner...
nothing much... maybe when US open
  • #1,310
  • Jul 30, 2012 6:56am Jul 30, 2012 6:56am
Quoting dashisiong
Anyone find anything on EU?
10 for EJ and EU= 20 add'l pips. right before NY open, trying to scratch something, anything...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 41 KB
  • #1,311
  • Jul 30, 2012 7:00am Jul 30, 2012 7:00am
14 pips on EU
  • #1,312
  • Jul 30, 2012 7:04am Jul 30, 2012 7:04am
Quoting yelena
10 for EJ and EU= 20 add'l pips. right before NY open, trying to scratch something, anything...
We've enjoyed some great trending runs lately, so it's only to be expected that we get some days like this......how quickly we forget!! Still......you always do well in this type of market so you'll be fine!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,313
  • Jul 30, 2012 7:06am Jul 30, 2012 7:06am
Quoting yelena
it feels like we're beggars.... alms pls!
LOL just asking the market to give me something for my little kids
  • #1,314
  • Jul 30, 2012 7:22am Jul 30, 2012 7:22am
S1 broken, maybe can we re enter?
  • #1,315
  • Jul 30, 2012 7:32am Jul 30, 2012 7:32am
Quoting ancoranoi
S1 broken, maybe can we re enter?
I think we need to wait for a retest of S1 and then enter short with a matrix signal on EU.
"Be the change that you wish to see in the world." --Gandhi
  • #1,316
  • Jul 30, 2012 7:34am Jul 30, 2012 7:34am
Are most people using the M5 for entry?

I've been looking at the M1 mainly and using the M5 for confirmation, but I've missed some good trades because the M1 is a little noisy.

Any ideas?
  • #1,317
  • Jul 30, 2012 7:36am Jul 30, 2012 7:36am
Quoting Wally1953
I think we need to wait for a retest of S1 and then enter short with a matrix signal on EU.
thanks wally
  • #1,318
  • Jul 30, 2012 7:46am Jul 30, 2012 7:46am
Quoting willt
Are most people using the M5 for entry?

I've been looking at the M1 mainly and using the M5 for confirmation, but I've missed some good trades because the M1 is a little noisy.

Any ideas?
Spend some time reading through the thread and you'll have the answers
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,319
  • Jul 30, 2012 7:59am Jul 30, 2012 7:59am
Quoting realjumper
We've enjoyed some great trending runs lately, so it's only to be expected that we get some days like this......how quickly we forget!! Still......you always do well in this type of market so you'll be fine!!
Fed meeting on Wed, BoE & ECB on Thurs & NFP on Fri...could make for a topsy turvy week...
  • #1,320
  • Jul 30, 2012 8:12am Jul 30, 2012 8:12am
Quoting olivierforex
Fed meeting on Wed, BoE & ECB on Thurs & NFP on Fri...could make for a topsy turvy week...
Yes, could be.....have to watch Genesis 5 or 10 mins before the news and see how it reacts
Doing what you like is Freedom. Liking what you do is Happiness.
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