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Genesis Matrix Trading

  • #1,861
  • Aug 9, 2012 5:32am Aug 9, 2012 5:32am
Quoting realjumper
Your entry is valid, but I didn't take it because GU is a difficult pair to trade, as I have mentioned a few times very recently.

Instead, I took EU and EJ on the bear flag breakout.
Thx for your reply .....Thanks for sharing this system with us
Bless U
  • #1,862
  • Aug 9, 2012 5:36am Aug 9, 2012 5:36am
Quoting bugsbunny110
Thx for your reply .....Thanks for sharing this system with us
Bless U
You're welcome, but remember, this system is a team effort, it's not just me.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,863
  • Aug 9, 2012 5:36am Aug 9, 2012 5:36am
Quoting 1kato
Is there a way to see the H1 arrow on the 5M chart?
im not her. but i think there is a versoin of MTF arrow in the symphonie thread. there's a search engine up in this page that will hasten your search.
Challenger
  • #1,864
  • Aug 9, 2012 5:42am Aug 9, 2012 5:42am
Was it setup for short or not?
I am confused because:

  1. too long HA candle
  2. 15m stoch under 20 level

Attached Image (click to enlarge)
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Everything is possible!!! Step by Step...
  • #1,865
  • Aug 9, 2012 5:44am Aug 9, 2012 5:44am
The Bear flag breakout, for those of you who don;t know, is shown below. it's easier to see in the M15 chart, and if you look at your own charts you'll see this Bear Flag time and time again.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 191 KB
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,866
  • Aug 9, 2012 5:49am Aug 9, 2012 5:49am
Quoting DmitryFX
Was it setup for short or not?
I am confused because:

  1. too long HA candle
  2. 15m stoch under 20 level

This is where it comes down to experience. The bear flag breakout that I spoke of really part of the same move that began at London open.....because it is part of the same move, stoch is not quite so important being low, because it shows that the move is strong.


There are some links on the first page regarding stochastic and much information online
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,867
  • Aug 9, 2012 5:51am Aug 9, 2012 5:51am
Quoting realjumper
The Bear flag breakout, for those of you who don;t know, is shown below. it's easier to see in the M15 chart, and if you look at your own charts you'll see this Bear Flag time and time again.
I just want to clarify the rules of system...
So, it was good entry by pattern not by "Genesis system" rules. Am I right?
Everything is possible!!! Step by Step...
  • #1,868
  • Aug 9, 2012 5:53am Aug 9, 2012 5:53am
Quoting DmitryFX
I just want to clarify the rules of system...
So, it was good entry by pattern not by "Genesis system" rules. Am I right?
http://www.forexfactory.com/showthre...95#post5916295
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,869
  • Aug 9, 2012 6:08am Aug 9, 2012 6:08am
Quoting realjumper
http://www.forexfactory.com/showthre...95#post5916295
Yes, I read it already
I posted my question before your answer appeared. Sorry if disturbing mate )))
But I am still confused about HA candles...
What is your way of using its?
Everything is possible!!! Step by Step...
  • #1,870
  • Aug 9, 2012 6:09am Aug 9, 2012 6:09am
Quoting realjumper
[/list]This is where it comes down to experience. The bear flag breakout that I spoke of really part of the same move that began at London open.....because it is part of the same move, stoch is not quite so important being low, because it shows that the move is strong.
So when we have breakout we don't or even can't wait till candle close, right?
  • #1,871
  • Aug 9, 2012 6:11am Aug 9, 2012 6:11am
Quoting DmitryFX
Yes, I read it already
I posted my question before your answer appeared. Sorry if disturbing mate )))
But I am still confused about HA candles...
What is your way of using its?
It's trading time for me too......I can't answer a constant stream of questions during trading time....sorry.

I suggest you start at Page 1, Post 1 and read all the posts.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,872
  • Aug 9, 2012 6:18am Aug 9, 2012 6:18am
Quoting realjumper
It's trading time for me too......I can't answer a constant stream of questions during trading time....sorry.

I suggest you start at Page 1, Post 1 and read all the posts.
Ok, NP! The problem is I read it already several times. I hope you will share your point of view about HA candles when you will be able. Thank you forward!
Everything is possible!!! Step by Step...
  • #1,873
  • Aug 9, 2012 6:38am Aug 9, 2012 6:38am
Quoting DmitryFX
Yes, I read it already
I posted my question before your answer appeared. Sorry if disturbing mate )))
But I am still confused about HA candles...
What is your way of using its?
Hi Dmitry,
HA candles have 2 uses within Genesis trading:
1) once we are moving in a direction, they can keep you in the trade longer because they do not change colour as quickly as a normal candlestick (ie you're less likely to close your trade on a minor pullback)
2) specific Genesis use: once you get a signal, Genesis likes the next HA candle to 'open clear of the yellow MA'; because of the way HA candles are calculated, a 'clear open' shows extra strength/momentum in the direction of your trade (I believe that RJ will not take a trade unless that criteria is met).
  • #1,874
  • Aug 9, 2012 6:40am Aug 9, 2012 6:40am
Took a quick scalp not to long ago, both stochs were in agreement, comments welcomed, please ignore the other indi's but are just some I cant live without.
Attached Image (click to enlarge)
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Look at something long enough, you will eventually get it.
  • #1,875
  • Aug 9, 2012 6:41am Aug 9, 2012 6:41am
Great system
Look at something long enough, you will eventually get it.
  • #1,876
  • Aug 9, 2012 7:09am Aug 9, 2012 7:09am
Quoting olivierforex
Hi Dmitry,
HA candles have 2 uses within Genesis trading:
1) once we are moving in a direction, they can keep you in the trade longer because they do not change colour as quickly as a normal candlestick (ie you're less likely to close your trade on a minor pullback)
2) specific Genesis use: once you get a signal, Genesis likes the next HA candle to 'open clear of the yellow MA'; because of the way HA candles are calculated, a 'clear open' shows extra strength/momentum in the direction of your trade (I believe that RJ will not take a trade unless...
Quite right.....thanks Oli
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,877
  • Aug 9, 2012 7:10am Aug 9, 2012 7:10am
USA news in 20 minutes.....if you are in a trade, might be good to move your SL to protect your position before then
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,878
  • Aug 9, 2012 7:22am Aug 9, 2012 7:22am
Quoting olivierforex
Hi Dmitry,
HA candles have 2 uses within Genesis trading:
1) once we are moving in a direction, they can keep you in the trade longer because they do not change colour as quickly as a normal candlestick (ie you're less likely to close your trade on a minor pullback)
2) specific Genesis use: once you get a signal, Genesis likes the next HA candle to 'open clear of the yellow MA'; because of the way HA candles are calculated, a 'clear open' shows extra strength/momentum in the direction of your trade (I believe that RJ will not take a trade unless...
My regards for your answer. Now its much more clear.
But I dont like them because I am not able to see the real Highs and Lows.
HA candles cover big move inside single candle...
Ok, I will try to understand how to use them.
Thank you again!!!
Everything is possible!!! Step by Step...
  • #1,879
  • Aug 9, 2012 7:28am Aug 9, 2012 7:28am
Quoting realjumper
USA news in 20 minutes.....if you are in a trade, might be good to move your SL to protect your position before then
Classical Bullish divergence @ EU and EJ charts as well...
Everything is possible!!! Step by Step...
  • #1,880
  • Aug 9, 2012 7:43am Aug 9, 2012 7:43am
I went long now:
Attached Image (click to enlarge)
Click to Enlarge Name: 639336652e2fe4a284173c67b4294a25.png Size: 36 KB

will see...
Everything is possible!!! Step by Step...
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