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Genesis Matrix Trading

  • #1,741
  • Aug 7, 2012 8:39am Aug 7, 2012 8:39am
Hi guys,

market gave me the second chance today .... +27 pips.
Better than nothing

ciao

wiz
Attached Image (click to enlarge)
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You control how you trade; the market controls how and when you'll get paid
  • #1,742
  • Aug 7, 2012 8:47am Aug 7, 2012 8:47am
Quoting realjumper
Hi,

I apologise to you....Oliverforex took your posts in the way that I think you intended them, and I took them in a way that you didn't intend them. I was wrong, and I apologise to you.

Yes, fib expansions were used by Olivia and Yelena I think, in the past at some stage, and I think they used them with some success too. Olivia is away for a few days and so is Yelena so I can't ask them, but you might like to confer with them when they get back here, because I'm pretty sure that they got reasonably accurate with them. Not sure why they stopped...
Thats the point. I also use Fib. Pivot with great success for exit
that a big part of my trading style, indifferent if it is Thv, Matrix or something other, also Camarilas or the Coral..
but after the experience with you i decided NOT to talk about here..
To not derail you thread.

Entrys with the Matrix are clear and simple,
no other indis allowed, so what to talk about here.. ?!?
Posting entry's all the time is a little bit boring..

AGAIN, i did not bashed GMatrix, GMatrix is great, but after reading here more and more, i see there are a lot of gaps that could be filled, or do you realy think that that is the final Version of your system..
Everything can be improved.

Maybe i started here a little bit wrong, but you dont have to think that because i have no vouchers and only 500 post, i cant trade.. !
I dont have to made another 500 posts here to prove it, i traded Matrix for few days now, and did not deleted it.
That means for me, i like the system and it is worth to work with it.

So cheers..

ps. I did not understood you. Are there a final Pdf. Document with setting and rules explanations or not ? And if not, why not, thats a must for every good system.. Avoid a lot or misunderstandings and questions. Imo
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  • #1,743
  • Aug 7, 2012 9:01am Aug 7, 2012 9:01am
And here it is what im talking about.
Nice clear Signal in M5. Long..
Backed with breaking the Coral and the CamarillaR1 Pivot.

Turquoise circle, PA is falling back, Matrix starts to change, but no panic
bouncing exactly at CamarillaR2 Pivot. So hold on..

Next try to scare, the smaller turquoise circle, still no break, still hold on..

Then rebound at q1R1 with first Red Ha, plus NEXT candle Signal from Matrix (with arrow)

Perfect setup for a exit..

Thats how i trade.

(ps. please notice the green circle.. New signal after 3 Candles. ?!?
Surprise ? not if you have the Coral on your screen, unfortunately Coral is to dark here so it is hard to see her..)
Attached Image (click to enlarge)
Click to Enlarge Name: gmatrixpivs.jpg Size: 141 KB
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  • #1,744
  • Aug 7, 2012 9:08am Aug 7, 2012 9:08am
[quote=Toranaga;5910218]And here it is what im talking about.
Nice clear Signal in M5. Long..
Backed with breaking the Coral and the CamarillaR1 Pivot.

Turquoise circle, PA is falling back, Matrix starts to change, but no panic
bouncing exactly at CamarillaR2 Pivot. So hold on..

Next try to scare, the smaller turquoise circle, still no break, still hold on..

Then rebound at q1R1 with first Red Ha, plus NEXT candle Signal from Matrix (with arrow)

Perfect setup for a exit..

Thats how i trade.

Tornaga I see you insist ......
Try to comment on long after the green circle (it does not seem so different from previous short).
Even a short comment on before long to 4.20 (time of your chart).
  • #1,745
  • Aug 7, 2012 9:20am Aug 7, 2012 9:20am
No, i dont insist, i even thought about to delete the Coral indi
for this post, but was to lazy and the green circle was a nice example but subsidiary..

My post was about the Matrix long and the Pivots..

Quote
Try to comment on long after the green circle]
My comment on long after green circle ?

After this nice M5 run and out i would settle down and
wait a while... Would not take this long..

But, if you want to know..

First, Exact bounce on q3R1

Second, with a HA Candle with Smal boddy.

HAs Expl.

Quote
One candle with a small body surrounded by upper and lower shadows indicates a trend change: risk-loving traders might buy or sell here, while others will wait for confirmation before going short or long.


Read more: http://www.investopedia.com/articles...#ixzz22sTtGd00

When we use HAs, we should know the importance of them..

and third, GMatrix UP arrow but 4 whites follow to late..

All in all, i would not take this trade..

Here a better pic, if i may..
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  • #1,746
  • Aug 7, 2012 11:41am Aug 7, 2012 11:41am
Quoting Toranaga
No, i dont insist, i even thought about to delete the Coral indi
for this post, but was to lazy and the green circle was a nice example but subsidiary..

My post was about the Matrix long and the Pivots..

My comment on long after green circle ?

After this nice M5 run and out i would settle down and
wait a while... Would not take this long..

But, if you want to know..

First, Exact bounce on q3R1

Second, with a HA Candle with Smal boddy.

HAs Expl.

When we use HAs, we should know the importance of them..

and third, GMatrix UP arrow...
Hello everyone

I have installed Genesis Matrix but I have no arrows, do i need to install another indicator to get arrows

Thanks in advance

Angela
  • #1,747
  • Aug 7, 2012 11:48am Aug 7, 2012 11:48am
Sorry I posted that question in the wrong place, realjumper said that Cody might be able to help with this.

Thanks

Angela
  • #1,748
  • Aug 7, 2012 11:50am Aug 7, 2012 11:50am
Did you put ALL the indicators from the first post into your MT4.

If you right click the Matrix chart go to Indicators,

do you have a Arrow indicator listed ?
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  • #1,749
  • Aug 7, 2012 11:55am Aug 7, 2012 11:55am
Quoting Angie 2012
Sorry I posted that question in the wrong place, realjumper said that Cody might be able to help with this.

Thanks

Angela
Angela,
In case you didn't see my previous response, it is here. The arrow indicator is included in the zip file on page 1. If you left click on a chart that you've set up for Genesis, then press Ctrl I (for Indicators), you should see arrow listed as one of the indicators in the Main Chart branch of the tree that shows up in the popup. If you don't see it in the list, close MT4, extract it from the zip and put it in the experts\indicators folder of your MT4 installation. Restart MT4, and you will be able to drop it from the Navigator onto your chart.
--Cody
  • #1,750
  • Aug 7, 2012 1:34pm Aug 7, 2012 1:34pm
Quoting Toranaga
No, i dont insist, i even thought about to delete the Coral indi
for this post, but was to lazy and the green circle was a nice example but subsidiary..

My post was about the Matrix long and the Pivots..

My comment on long after green circle ?

After this nice M5 run and out i would settle down and
wait a while... Would not take this long..

But, if you want to know..

First, Exact bounce on q3R1


Second, with a HA Candle with Smal boddy.

HAs Expl.

When we use HAs, we should know the importance of them..

and third,...
See when we all comment on something that has already happened, we all find good explanation of why it has taken or not a trade. Just think that if the price breaks a resistance, we can say that the market was strong and we justify our trade, but if it bounces back and forth, we are ready to say it was a resistance so it is logical to be rejected.
Going back to your comments, with a little time and inclination, I'm sure I'd find examples where your thoughts are exactly the opposite.

Basically saying that after the movement had to take that trade does not, I repeat to say afterward, when we saw what he did not do any good.

In any case, I congratulate you for the trade and I wish you many green pips.
Hello
  • #1,751
  • Aug 7, 2012 2:00pm Aug 7, 2012 2:00pm
nothing more to say about..
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  • #1,752
  • Aug 7, 2012 3:41pm Aug 7, 2012 3:41pm
Quoting realjumper
Range trading has been good today.....damn shame I missed GU though.... lol.

Never mind, I reached my target but I'm going to wait and see what Bernanke has to say.....he'll be running his mouth in about 1 hour from now.
Hello RealJumper

Is there something you specifically look for to determine that the market is ranging? Thanks

Bluesky
  • #1,753
  • Aug 7, 2012 4:24pm Aug 7, 2012 4:24pm
Quoting bluesky100
Hello RealJumper

Is there something you specifically look for to determine that the market is ranging? Thanks

Bluesky
Nothing specific unfortunately, other than lack of an obvious trend of course! You can see that since Monday we have been bouncing up and down between these lines.....that it to say that we are stuck in a range. If you look at a Daily chart, you can see a similar pattern. Which way it will break out, no one knows......but on the H1 chart below, you can see that there really isn't a trend to trade, so we need to be mindful that any trades we enter will probably be relatively short term trades and not run too far before turning around.

When he have an obvious trend we can ride it a long way, even re-enter other trades in the same direction (scaling in), but with these days of being stuck in a range, that isn't possible......but because our system is good at what it does, we can pick our entries pretty well.
Attached Image (click to enlarge)
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,754
  • Aug 7, 2012 5:59pm Aug 7, 2012 5:59pm
Attached below is the very useful LHF Trading Simulator which some might find useful. I'll link it to Post #1 as well
Attached File(s)
File Type: zip LFH.zip   370 KB | 5,285 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,755
  • Aug 7, 2012 11:21pm Aug 7, 2012 11:21pm
Thank you Cody and Toranga my indicators are working fine now

Angela
  • #1,756
  • Aug 7, 2012 11:40pm Aug 7, 2012 11:40pm
Take Profit at today's + yesterday's low at this ranging market
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  • #1,757
  • Aug 7, 2012 11:54pm Aug 7, 2012 11:54pm
hi...took these trades at frankie's open...take a look at 5mn stoch + price below pivot, just perfect...tp S1 area, but closed earlier as i don't like to hold trades before london
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  • #1,758
  • Aug 7, 2012 11:57pm Aug 7, 2012 11:57pm
Quoting bubola
hi...took these trades at frankie's open...take a look at 5mn stoch + price below pivot, just perfect...tp S1 area, but closed earlier as i don't like to hold trades before london
I have the same trades too.....you're right about London open, it often reverses what Frankie does, so I have some profit locked in and I'll leave them to run or not!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,759
  • Aug 8, 2012 12:18am Aug 8, 2012 12:18am
Quoting frontline141
Take Profit at today's + yesterday's low at this ranging market
Well done with that one but this is 2 hours even before the Frankfurt open, not a time that Genesis recomend for entering trades (each to their own and this is just to remind those not 100% familiar with the 'rules')
  • #1,760
  • Aug 8, 2012 12:35am Aug 8, 2012 12:35am
Quoting realjumper
A Hidden Bearish Divergence exists on EU Daily chart. Something to store away in the back of your mind...........
The points have changed slightly, but the divergence is still valid......
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