Genesis Matrix Trading | Page 98 | 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

  • #1,941
  • Aug 10, 2012 5:15am Aug 10, 2012 5:15am
Quoting realjumper
The dangers of predictions and bias.

I was just reading on another thread, doesn't matter which one, where a poster has a strong Bull bias and cannot see past this. The Bear run we have had since 1.2440-ish, he deems to a 'correction' to the bull run. Because he has convinced himself that we are in the early stages of a complete long term reversal of trend, he bought at 2370 on the 6th of this month. He bought again at 2410 on the 7th. He bought again at 2350 on the 8th.

That makes him about -320 pips as we speak......and he is still convinced...
It isn't Nick Leeson is it!!!!!!!....
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #1,942
  • Aug 10, 2012 5:16am Aug 10, 2012 5:16am
Quoting dudele2
RJ, have you seen any decent entry today? if you have, good opportunity to learn for me tks
There was a reasonable short entry just after London open. Nothing fantastic though.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,943
  • Aug 10, 2012 5:18am Aug 10, 2012 5:18am
Quoting scarlet pipe
It isn't Nick Leeson is it!!!!!!!....
LOL......might as well be!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,944
  • Aug 10, 2012 5:21am Aug 10, 2012 5:21am
Quote:
Originally Posted by dudele2
RJ, have you seen any decent entry today? if you have, good opportunity to learn for me tks
There was a reasonable short entry just after London open. Nothing fantastic though.
__________________
Hasta la victoria siempre - Che Guevara

thought stoch was low...
  • #1,945
  • Aug 10, 2012 5:24am Aug 10, 2012 5:24am
Quoting realjumper
There was a reasonable short entry just after London open. Nothing fantastic though.
thought 15 min stochs was not coming down from proper height...
  • #1,946
  • Aug 10, 2012 5:29am Aug 10, 2012 5:29am
Quoting dudele2
thought 15 min stochs was not coming down from proper height...
It wasn't.....that's why it wasn't a fantastic trade! The SL was only -12 and the M5 stoch looked good.....the M15 stoch was middle of the road. To me, the risk was worth it, but as I say, it wasn't a fantastic trade and there was nothing wrong with sitting it out.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,947
  • Aug 10, 2012 5:32am Aug 10, 2012 5:32am
a small triangle but I think the trend is down
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 5 min.gif Size: 30 KB
  • #1,948
  • Aug 10, 2012 5:36am Aug 10, 2012 5:36am
Quoting realjumper
It wasn't.....that's why it wasn't a fantastic trade! The SL was only -12 and the M5 stoch looked good.....the M15 stoch was middle of the road. To me, the risk was worth it, but as I say, it wasn't a fantastic trade and there was nothing wrong with sitting it out.
I see what you mean as far as sl, tks
  • #1,949
  • Aug 10, 2012 5:54am Aug 10, 2012 5:54am
Quoting realjumper

Firstly, I trade only from The Frankfurt market open, which is 1 hour before London open…….until approximately 2 or 3 hours after New York open.

RJ
Thanks RJ for sharing this strategy. I want to ask , is there any indicators that show the market time with color? so when frankfurt open the color appear and that mean that time to trade is just begin. thanks for sharing.
  • #1,950
  • Aug 10, 2012 5:58am Aug 10, 2012 5:58am
Quoting ronald_fsm
Thanks RJ for sharing this strategy. I want to ask , is there any indicators that show the market time with color? so when frankfurt open the color appear and that mean that time to trade is just begin. thanks for sharing.
The Market Open Times indi (link on Post #1) shows the open and close of the markets. You'll have to adjust the indi to suit your brokers time, and of course you'll have to do this again as your broker heads into and out of day light saving time. You can see on my charts where it draws the green line for Euro Open.....it does this for all markets, I just have them all turned off except Euro open.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,951
  • Aug 10, 2012 6:00am Aug 10, 2012 6:00am
[quote=mannai70;5919422]what kind of attributes are you looking for on a set-up to cherry pick it?

Genesis rules by the book.
Add fibos in time and price (that´s just me)
Watch for Pivots, SR, trenlines.
Keep an eye on 5M and 15 M (I trade 1M)
Then prees click on your mouse..
I´m running 68% winners on 20 trades...anything around 50% should make $ provided you have a a decent trailing system...that´s probably the hardest...managing the trade....
are you just going for a 1:1 rr? No I´m going for 1R against logical TP level, could be better than 1 R...
Best of success...to you mate.
  • #1,952
  • Aug 10, 2012 6:31am Aug 10, 2012 6:31am
Quoting bugsbunny110
Guys it seems here that we help eash other, and I like the idea
So I wanna inform you what I know about USDCAD

From my analysis, USDCAD Reach a critical level 0.9911 so it should go to 1.011 as a target.

So keep an eye on this chart and when it gives you a signal with our system go long

Good Luck
As I told you Before about USDCAD till now I win +17 pips and I belive that It will cont. to 1.011 next week.

Today, I wanna share with you my EURUSD Chart

I see that the target will be 1.22067 in a down trend

What about that!!??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: karim2.gif Size: 22 KB
Click to Enlarge Name: karim3.gif Size: 20 KB
Click to Enlarge Name: karim4.gif Size: 21 KB
  • #1,953
  • Aug 10, 2012 6:35am Aug 10, 2012 6:35am
Quoting bugsbunny110
As I told you Before about USDCAD till now I win +17 pips and I belive that It will cont. to 1.011 next week.

Today, I wanna share with you my EURUSD Chart

I see that the target will be 1.22067 in a down trend

What about that!!??
Please post your predictions elsewhere. This is definitely not the thread to post stuff outside the Genesis strat and is unlikely to be tolerated for long
  • #1,954
  • Aug 10, 2012 6:39am Aug 10, 2012 6:39am
Quoting gtudor
a small triangle but I think the trend is down
Hi GTudor,
How good (bad?) have you found TMA_Slope to be to keep you or get you out of trades using the 0.4 & 0.8 levels?
Tia.
Oli.
  • #1,955
  • Aug 10, 2012 6:43am Aug 10, 2012 6:43am
Quoting realjumper
The dangers of predictions and bias.

I was just reading on another thread, doesn't matter which one, where a poster has a strong Bull bias and cannot see past this. The Bear run we have had since 1.2440-ish, he deems to a 'correction' to the bull run. Because he has convinced himself that we are in the early stages of a complete long term reversal of trend, he bought at 2370 on the 6th of this month. He bought again at 2410 on the 7th. He bought again at 2350 on the 8th.

That makes him about -320 pips as we speak......and he is still convinced...
good post, I second.
Sticking to trading plan is the only edge one needs to mount success.. truly is just as simple as that.
..predictions are for annalists who hardly trade.. true TRADER is vice versa.

good trades everyone.
  • #1,956
  • Aug 10, 2012 6:46am Aug 10, 2012 6:46am
Quoting sidefx
Please post your predictions elsewhere. This is definitely not the thread to post stuff outside the Genesis strat and is unlikely to be tolerated for long
Ok I am sorry, I am also use Genesis, and I thought that it will help beside the system.

anyway, I am sorry for disturb
  • #1,957
  • Aug 10, 2012 6:48am Aug 10, 2012 6:48am
Quoting sidefx
Please post your predictions elsewhere. This is definitely not the thread to post stuff outside the Genesis strat and is unlikely to be tolerated for long
Talking about holy predictions:

A man was on the beach..
A thundering voice from Heaven ordered: “DIG”!!
So he did, and found a box full of golden coins.
The voice then roared:”CASINO!!”
The guy ran to the nearest casino...
The voice thundered again: “Roulette, number 18!!”
The guy put all the coins on number 18, and won!
The voice roared again: “number 14”.
He won again…
Thundering voice ordered him again: “number 8!!”.
The number 10 came out!!!????

Thundering voice screamed: “Holy shi**!!”
  • #1,958
  • Aug 10, 2012 7:06am Aug 10, 2012 7:06am
Quoting gtudor
a small triangle but I think the trend is down
what kind of stochastic are u using... i was having this kinda year back .. i remember.... and too the solar wind joy that is used is repainting ... see in 1 min and 5 min ...... i am too using yesterday when the value got pull back from round no 300.... the solar wind joy repainted itself..... first it was showing short after the candle closed ... and then it repainted and long was shown...
  • #1,959
  • Aug 10, 2012 7:23am Aug 10, 2012 7:23am
what are the currencies that u are focus today?
  • #1,960
  • Aug 10, 2012 7:24am Aug 10, 2012 7:24am
Quoting angel_forex
what are the currencies that u are focus today?
Same as always, EU, GU, EJ and AU
Doing what you like is Freedom. Liking what you do is Happiness.
3 traders viewing now