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Genesis Matrix Trading

  • #1,661
  • Aug 6, 2012 2:21am Aug 6, 2012 2:21am
Quoting genaja
O.k. now I understand.

In this thread, it is only allowed to talk about the genesis matrix and the past like averages. But not about the future like MTF Stochastics, Pivotlevels or Fib-Levels. And old highs and lows and trendlines have a lot to do with fib-relations, thats forbidden too.

So this thread is not for the best use of your matrix but solely to the Matix itself.

Your thread - your rules - no problem.
No, you don't understand. We are trading the system here. When the Genesis Matrix signals a trade AND stochastic is appropriately positioned AND the candles opens clear of the Yellow EMA on the appropriate side, then we enter the trade. It is even better still if the Arrow has displayed.

Those are the rules of entry of this system. That is made clear on the first page. In the first post it clearly states: What we won’t do here is to predict which way the market is going next…..because we don’t know that!

In trading the system as I have just mentioned, there is no 'predicting' involved. If all the indicators line up, we enter the trade.....end of story.

As I have said, there are many, many threads that get right into predictions, wave counts , moons and suns and all sorts of stuff. If you want to share your predictions, go to one of those threads where they will be most interested.

Thank you
RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,662
  • Aug 6, 2012 2:26am Aug 6, 2012 2:26am
Quoting genaja
O.k. now I understand.

In this thread, it is only allowed to talk about the genesis matrix and the past like averages. But not about the future like MTF Stochastics, Pivotlevels or Fib-Levels. And old highs and lows and trendlines have a lot to do with fib-relations, thats forbidden too.

So this thread is not for the best use of your matrix but solely to the Matix itself.

Your thread - your rules - no problem.
This thread is about Genesis in the form and content listed in post 1 by RJ and others.
I do not understand because of this desire to change it at all costs and / or criticize or even doing controversy on weather or not ........
Simply anyone who disagrees with this method or deemed not suited to his style of trading, because it can not simply ignore it?
We must say thanks to the creators of this system, which share with us (who it wants to) their experience and their method.
Thanks again to all the creators of Genesis.

Hello
  • #1,663
  • Aug 6, 2012 2:32am Aug 6, 2012 2:32am
EJ M5

I'm babysitting this trade at the moment.....admittedly, the entry wasn't the best one in the world but the daily trend has been down since Tokyo open (Aussie is on holiday today) and the SL is very small so I considered it to be worth the risk.
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,664
  • Aug 6, 2012 2:38am Aug 6, 2012 2:38am
Quoting realjumper
EJ M5

I'm babysitting this trade at the moment.....admittedly, the entry wasn't the best one in the world but the daily trend has been down since Tokyo open (Aussie is on holiday today) and the SL is very small so I considered it to be worth the risk.
I'm basically in the same trade, but on eur/usd
  • #1,665
  • Aug 6, 2012 2:41am Aug 6, 2012 2:41am
here's a winning trade

I take profit at round -> 1.23500

Cheers
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  • #1,666
  • Aug 6, 2012 2:42am Aug 6, 2012 2:42am
Quoting Jack Herer
I'm basically in the same trade, but on eur/usd
I saw that one too Jack, but because neither EU or EJ were perfect setups I decided to pick just one......EJ got the 'nod' for me because the rate is slightly better

SL is at +12, so it's all good from here on in!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,667
  • Aug 6, 2012 2:43am Aug 6, 2012 2:43am
Quoting Matrix8756
This thread is about Genesis in the form and content listed in post 1 by RJ and others.
I do not understand because of this desire to change it at all costs and / or criticize or even doing controversy on weather or not ........
Simply anyone who disagrees with this method or deemed not suited to his style of trading, because it can not simply ignore it?
We must say thanks to the creators of this system, which share with us (who it wants to) their experience and their method.
Thanks again to all the creators of Genesis.

Hello
Totally agree
after all, go out there and find a profitable system...almost everyone is fighting...

Put my first m1 of the week, a few minutes ago...TP reached...I´m running 63 % winners since almost 2 weeks now...
I realized why I like M1, it gives you more opportunities...not for the fainted hearted though...and beware of coffee brakes whils´t on a trade...focus is the name of the game.
  • #1,668
  • Aug 6, 2012 2:43am Aug 6, 2012 2:43am
Quoting frontline141
here's a winning trade

I take profit at round -> 1.23500

Cheers

Well done.....that's the same trade Jack is in
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,669
  • Aug 6, 2012 2:58am Aug 6, 2012 2:58am
Quoting frontline141
here's a winning trade

I take profit at round -> 1.23500

Cheers
halelujah! finally! so happy for you!
  • #1,670
  • Aug 6, 2012 2:58am Aug 6, 2012 2:58am
i took it on audjpy, stochs were perfectly positioned
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  • #1,671
  • Aug 6, 2012 3:08am Aug 6, 2012 3:08am
Quoting yelena
yeah but during high impacting news, man, you gotta switch to M5 else you'll get your SL hit all the time, even you both place a buy and sell at the same time!
Agree!
I saw some of you are experts in combining Genesis with news....I am closely wathcing what you do then, but I just drink cofee and wait..need some time to study that...for the moment I stay out and look...like today when "Bernie the Owner" comes and does some monkey talk...
  • #1,672
  • Aug 6, 2012 3:11am Aug 6, 2012 3:11am
I think that you might have got Genaja's intentions wrong: he is not trying to amend any of Genesis' criteria for entry. If I read him well, all his posts were in conjunction with a Genesis entry and he is only offering a bit of advice regarding exits & TPs for Genesis trades (his are based on Fib-extensions).
We all have different exit strategies, from the nearest pivot points, to a previous high/low, or a fixed amount or a big round number or.....and this is just another one. I personaly think that it has some merit, especially if one of the Fib extensions happens to coincide with a Pivot level.
Apologies in advance if I got that wrong and if it's too far off Genesis' core.
Last but not least, if anyone has got something that they think would fit/enhance Genesis, maybe they ought to discuss it with RJ first via Private Messages/emails before posting on the thread?
My 2 cents......
  • #1,673
  • Aug 6, 2012 3:18am Aug 6, 2012 3:18am
Quoting bubola
i took it on audjpy, stochs were perfectly positioned
There's a few of us it seems that are seeing the same move but n different pairs. Very nice.

I still have my EJ short running....SL at +20 now
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,674
  • Aug 6, 2012 3:18am Aug 6, 2012 3:18am
Quoting yelena
you just closed at the opening price, sweet! well done! AJ, haven't touched that for a long time. be careful with it too. AJ is the "GU" of the yen pairs
well, aj was coming down from a retest of an H4 consolidation area with a bearish candle at the highs...and on 5mn it showed very little steam on the previous up move....with a 10 pip sl i figured it was worth to try it
  • #1,675
  • Aug 6, 2012 3:22am Aug 6, 2012 3:22am
For anyone still in...
Euro Monthly Pivot at 2341
for AJ, Monthly & Weekly pivots both at 82.51 (might be a tough nut to crack at the first attempt)
EJ & CJ, similar setups with WP and DP around 96.50 & 80.32 respectively, so these 2 could have more to go...
  • #1,676
  • Edited 3:41am Aug 6, 2012 3:27am | Edited 3:41am
Quoting olivierforex
maybe they ought to discuss it with RJ first via Private Messages/emails before posting on the thread?
My 2 cents......

nah, this is a free country! free web! whatever. keep on posting your styles. in time, you will win minds if you prove it constantly reliable.

just avoid, "i entered a buy at 2550" even though its a clear short genesis signal because your special indicator says so. then its not genesis and its a dangerous path for noobs who are just understanding the system.

and if you have a question, just ensure that you are using rj's template so we speak the same language, measuring entries based on a single form of "measurement." not you talking in cm while others speak in mm or inches. get what i mean? coz it can look like plants vs zombies in tic tac toe format. a noisy chart really clouds judegement
  • #1,677
  • Aug 6, 2012 3:28am Aug 6, 2012 3:28am
Quoting realjumper
There's a few of us it seems that are seeing the same move but n different pairs. Very nice.

I still have my EJ short running....SL at +20 now
USD index and JPY index are moving together...under these conditions, any usd and yen cross will give signals in same direction..i just chose what looked to me the best stoch
  • #1,678
  • Aug 6, 2012 3:44am Aug 6, 2012 3:44am
Quoting bubola
USD index and JPY index are moving together...under these conditions, any usd and yen cross will give signals in same direction..i just chose what looked to me the best stoch
You made a good choice.....I don't monitor that pair, but you did well
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,679
  • Aug 6, 2012 3:48am Aug 6, 2012 3:48am
Quoting olivierforex
For anyone still in...
Euro Monthly Pivot at 2341
for AJ, Monthly & Weekly pivots both at 82.51 (might be a tough nut to crack at the first attempt)
EJ & CJ, similar setups with WP and DP around 96.50 & 80.32 respectively, so these 2 could have more to go...
I took the manual exit at +26 because both stochs turned up and Matrix popped up a row of whites too. That will do to start the week off
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,680
  • Aug 6, 2012 4:20am Aug 6, 2012 4:20am
Quoting yelena
nah, this is a free country! free web! whatever. keep on posting your styles. in time, you will win minds if you prove it constantly reliable.

just avoid, "i entered a buy at 2550" even though its a clear short genesis signal because your special indicator says so. then its not genesis and its a dangerous path for noobs who are just understanding the system.

and if you have a question, just ensure that you are using rj's template so we speak the same language, measuring entries based on a single form of "measurement."...
Just to clarify Yelena, I have no issue with people bringing indicators here, provided they add to the system and that the user has thoroughly test it first. In the case of the Coral indicator, that poster was banging on about it before he even downloaded Genesis, and he said as much. Not only that, but Coral essentially is just a moving average that changes colour to help with the visuals. At time, it can add confluence to Genesis and the others, but most of the time it will get you into a move late and out of the move late. It may be great on the THV system, but it brings nothing to our system.

To recap. if people wish to introduce indicators here, than I am all for that....but.....they must be very familiar with the system first, and, they must have tested their indicator to prove it's worth.
Doing what you like is Freedom. Liking what you do is Happiness.
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