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Genesis Matrix Trading

  • #2,041
  • Aug 13, 2012 5:28am Aug 13, 2012 5:28am
I know u dont care about that

but it's like a resistance for me


here's a chart about I should TP at market open line




Quoting realjumper
So what??????
Attached Image (click to enlarge)
Click to Enlarge Name: 09-02 always tp at open line.gif Size: 27 KB
  • #2,042
  • Aug 13, 2012 5:28am Aug 13, 2012 5:28am
Quoting realjumper
You said it yourself.....we trade "based on the mechanical ways ". There is always a certain amount of discretion, otherwise we would be able to write the perfect 'no loss' EA!!! But mechanical trading with discretion is a long way from trading predictions!!

It took me 4 years to understand that !!!!
Look at something long enough, you will eventually get it.
  • #2,043
  • Aug 13, 2012 5:29am Aug 13, 2012 5:29am
Quoting traco1
It took me 4 years to understand that !!!!
LOL.....took me a while too!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,044
  • Aug 13, 2012 5:32am Aug 13, 2012 5:32am
Quoting frontline141
I know u dont care about that

but it's like a resistance for me
Well you stick to your make believe resistance while the rest of us follow the rules on page 1 and gather pips.

If you don't want help or advice, don't ask
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,045
  • Aug 13, 2012 5:35am Aug 13, 2012 5:35am
It seems the market likes to do some pretty weird things..at the moment I think the EU is trying to invent economic law.
  • #2,046
  • Aug 13, 2012 5:37am Aug 13, 2012 5:37am
Quoting realjumper
LOL.....took me a while too!!!
I'm really glad, reading this thread, I dont have to wait four years..(cheeky smile)

Thanks guys
  • #2,047
  • Aug 13, 2012 5:39am Aug 13, 2012 5:39am
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 20 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 20 KB

see both in eur/usd and eur jpy ... the time of trigger ....

at 10 :35 both gave the short signal... and if you go back to 1 min chart the signal was early ... and the 5 min chart confirmed it... too it was the formation of a new 15 minute candle next to it...

if both taken correctly ..then...
just think and see the behaviour ... the nest six bar to both of the currencies signal down is the exit at the same time...... at the same sixth candle ... isnt that amazing ... think possibilites yourself....
pips taken ---7 .....

see the correlation between the two currencies.. think that it could give many more profits......

rj --- comment needed by you... am i right or wrong..
  • #2,048
  • Aug 13, 2012 5:41am Aug 13, 2012 5:41am
folks..
With your system in here where your almost getting a signal on every dip's and curves by basically trading off the 5ma with some confirmations to go with it your at risk to end up with some loss trades no matter what.. now some of these signals occur during ranging market and there is no way and no one including the OP here can help you to filter that.. looking at higher tf or pivots watch and etc won't help you either, it helps as much it hurts to miss opportunities..
so simply ask yourself, if the philosophy of my trading style is to catch every move of the market, wouldn't i fall into some losses or at times into strings of losses at some point and time? the answer is clearly Yes.
so you either bear with losses to continue trade the same mentality to catch almost every move, or you simply take step back and let go of the first move off the range or a stall market and then to trade the dips after you seen the first move.. thats your only filter, which will cost you to miss some moves, getting less signals.. but its better than trading inside range and getting hammered for however long it might take.
there is no filter for what your looking for.. the only filter is to change your trading philosophy.
This post by no means is meant a negative affect on the thread or a attempt against the op or the contributors in here, it's just simply stating fact to make aware of what your trading and what you can choose to do.. this system could be profitable.. but, for who? certainly not for the one who gets discourage by losses and looking for new filters or questions after each loss, in reverse should simply take and accept the losss and move on and to set eyes on the long term results (not easy to do but doable, in fact its necessary to achieve success in this business).. but others who can bear with losses and got mass of trading experience who can read between the lines at times and cherry pick (which that i can tell you for sure is not easy and consistent) could be profitable.

Anyways sorry to stick my nose in, only meant good and wish the best of luck to all.

Dean
  • #2,049
  • Aug 13, 2012 5:45am Aug 13, 2012 5:45am
Quoting angel_forex
Attachment
Attachment
see both in eur/usd and eur jpy ... the time of trigger ....

at 10 :35 both gave the short signal... and if you go back to 1 min chart the signal was early ... and the 5 min chart confirmed it... too it was the formation of a new 15 minute candle next to it...

if both taken correctly ..then...
just think and see the behaviour ... the nest six bar to both of the currencies signal down is the exit at the same time...... at the same sixth candle ... isnt that amazing ... think possibilites yourself....
pips...
As I've already said, the EU short was right on the Daily Pivot, therefore, no short trade!!!!!

Yelena is the best one to ask about correlations, that's here mainstay and area of expertise. I'm sure she'll answer you soon
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,050
  • Aug 13, 2012 5:49am Aug 13, 2012 5:49am
Quoting P.Dean
folks..
With your system in here where your almost getting a signal on every dip's and curves by basically trading off the 5ma with some confirmations to go with it your at risk to end up with some loss trades no matter what.. now some of these signals occur during ranging market and there is no way and no one including the OP here can help you to filter that.. looking at higher tf or pivots watch and etc won't help you either, it helps as much it hurts to miss opportunities..
so simply ask yourself, if the philosophy of my trading style...
There's a lot of truth in what you say there Dean. Some people don't seem to realise that this is not the system for novices......trading takes much, much more than downloading a system and then taking every trade it shows. If it were that easy, everyone could retire at 25!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,051
  • Aug 13, 2012 5:54am Aug 13, 2012 5:54am
Quoting realjumper
As I've already said, the EU short was right on the Daily Pivot, therefore, no short trade!!!!!

Yelena is the best one to ask about correlations, that's here mainstay and area of expertise. I'm sure she'll answer you soon

no rj i took both the signals and was out at the 6th bar...

in your opinion was i right?
  • #2,052
  • Aug 13, 2012 5:55am Aug 13, 2012 5:55am
Hi RJ may I suggest that all newbie including myself to look for only the highest probability trade.Like example stoc divergence follow with genesis signal.I do know of some trader who just use divergence to exit trade not for entry but we
have genesis for confirmation it make us better to choose which divergence to trade.As for pips wise as long as it pay our spread to me it a winner.I have been trading this system for 2 weeks plus and by only taking the high probability trade my result has improved quite a lot.Stoc divergence followed by genesis signal pay me 10pips almost confirm.Maybe senior member can share some more high probability trade.

Thanks
  • #2,053
  • Aug 13, 2012 5:59am Aug 13, 2012 5:59am
RJ could u pls point me in the direction as to when the MTF stochs was introduced into the system ie pg no ,tks in adv.
  • #2,054
  • Aug 13, 2012 6:00am Aug 13, 2012 6:00am
Quoting hubby7
Hi RJ may I suggest that all newbie including myself to look for only the highest probability trade.Like example stoc divergence follow with genesis signal.I do know of some trader who just use divergence to exit trade not for entry but we
have genesis for confirmation it make us better to choose which divergence to trade.As for pips wise as long as it pay our spread to me it a winner.I have been trading this system for 2 weeks plus and by only taking the high probability trade my result has improved quite a lot.Stoc divergence followed by genesis...
I nearly always only take high probability trades......because of this, sometimes trades that I dismissed as NOT high probability trades turn into winners and pass me by. I'm ok with that....completely.

Personally I wouldn't focus on divergence until much later in your learning curve. I would just follow what this thread says from page one!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,055
  • Aug 13, 2012 6:01am Aug 13, 2012 6:01am
Quoting Jse Alsi
RJ could u pls point me in the direction as to when the MTF stochs was introduced into the system ie pg no ,tks in adv.
Try reading post 1...... you might find a link there
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,056
  • Aug 13, 2012 6:03am Aug 13, 2012 6:03am
I think Genesis provides a massive statistical edge; which, to my mind, is the next best thing to a prediction (if you cant predict)..and (to mouth the cliche) combined with good money management (when stats are not in your favour), your net-results should be overwhelming positive. I'm willing to wager most newer traders here have or are close to figuring this out, dont get bummed out by a bad trade or two.
  • #2,057
  • Aug 13, 2012 6:08am Aug 13, 2012 6:08am
http://www.youtube.com/embed/nKxeZNN...yer_detailpage
Look at something long enough, you will eventually get it.
  • #2,058
  • Aug 13, 2012 6:12am Aug 13, 2012 6:12am
Quoting traco1
http://www.youtube.com/embed/nKxeZNN...yer_detailpage
Heres the link instead
http://www.youtube.com/embed/nKxeZNN...yer_detailpage
Look at something long enough, you will eventually get it.
  • #2,059
  • Aug 13, 2012 6:21am Aug 13, 2012 6:21am
AUD/JYP soared but it was a missed trade due to my rules, I can live with that. The market will be back
Look at something long enough, you will eventually get it.
  • #2,060
  • Aug 13, 2012 6:22am Aug 13, 2012 6:22am
Rj and others who worked and still work on this system, big appreciation from me.

I practised this system on the simulator over the weekend on E/U, and I just want to say what helped me.
I dont recommend it and I am not saying that improves the system.
I used it in order to filter worse entries: 1) pivots 2) volume filter ( I like VSA) 3) and when I wasnt sure at all i set up buy stop or sell stop on high/low of the candle where I was supposed to enter the trade.

Again it just helped me and I used on simulator!!!!!! Just felt like to share that :-D
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