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Genesis Matrix Trading

  • #2,081
  • Aug 13, 2012 11:52am Aug 13, 2012 11:52am
Quoting Cody_R
Forex-TSD has an entire thread devoted to why Solar Wind is bad.
http://www.forex-tsd.com/suggestions...believers.html
The Heiken histogram I have doesn't repaint.
The Stochastic is standard except for coloring within the thresholds, and doesn't repaint.
FS30_Extreme is a commercial indicator that claims to be 100% accurate.
I admit to being negatively biased about such claims for the simple reason that if it really worked, the author would be using it to rake in money from the forex market rather from...
Thank You Cody,
The "Solar Winds" repaints?
I agree 100% with you and your reason about the FS30 indi and the author's claim, but i think it worth of checking.
  • #2,082
  • Aug 13, 2012 12:07pm Aug 13, 2012 12:07pm
[quote=Mini Trader;5925394]Thank You Cody,
The "Solar Winds" repaints?

Yes, It repaints!
  • #2,083
  • Aug 13, 2012 2:23pm Aug 13, 2012 2:23pm
Quoting frontline141
even if I dont take the EU one, I will take this at AU and the result will be the same
We have spoken many times via pm and one thing I have said before and I will say again, when you have a loss, brush it off and take the next trade which is what you're failing to do. You could have made any losses up many times over if you took the trades you were meant to afterwards.

The daily open maybe a support/resistance line to you, but it is not such a strong one that you completely miss opportunities because of it. What about when it broke through it?

You are daytrading, you need to take the opportunities that come or you will lose a lot of money. If you don't have time to take the signals that come during a day then switch to a higher timeframe. Yes the AU sell would have been a loss but what about the buy afterwards and the sell after that??
  • #2,084
  • Aug 13, 2012 4:47pm Aug 13, 2012 4:47pm
Hi Olivia, Yelena, RJ, Cody, Xaphod and all the other great contributors. I have a question that may have been answered in the thread and I apologise if I have missed it, but I and would really appreciate an answer from anyone who has the time. As per my attached chart, only the CCI changes colour while the others remain either blue or red. I have attached the Genises version from the first post.
Attached Image (click to enlarge)
Click to Enlarge Name: aug 13 g.gif Size: 28 KB
Enter Signature
  • #2,085
  • Aug 13, 2012 4:50pm Aug 13, 2012 4:50pm
Quoting fxscalp1
Hi Olivia, Yelena, RJ, Cody, Xaphod and all the other great contributors. I have a question that may have been answered in the thread and I apologise if I have missed it, but I and would really appreciate an answer from anyone who has the time. As per my attached chart, only the CCI changes colour while the others remain either blue or red. I have attached the Genises version from the first post.
You are missing most of the indicators that run the genesis matrix. Make sure you download all the indicators in the zip file into experts/indicators, close your mt4 and reopen.
  • #2,086
  • Aug 13, 2012 4:59pm Aug 13, 2012 4:59pm
And if you are sure you loaded all the indicators, you may have too many on the platform.
Look at something long enough, you will eventually get it.
  • #2,087
  • Aug 13, 2012 5:03pm Aug 13, 2012 5:03pm
Quoting fxscalp1
Hi Olivia, Yelena, RJ, Cody, Xaphod and all the other great contributors. I have a question that may have been answered in the thread and I apologise if I have missed it, but I and would really appreciate an answer from anyone who has the time. As per my attached chart, only the CCI changes colour while the others remain either blue or red. I have attached the Genises version from the first post.
fxscalp: Olivia is exactly correct. Follow the steps here, and you should be up and running.
  • #2,088
  • Aug 13, 2012 6:12pm Aug 13, 2012 6:12pm
Thank you very much for your speedy replies team - you are right, initially I overloaded the chart with too many indicators’ and froze the platform then I deleted some off the list thinking it would free up the G indicator ete etc. Everything working great now. Thanks to you all again.
Enter Signature
  • #2,089
  • Aug 13, 2012 6:35pm Aug 13, 2012 6:35pm
Quoting realjumper
There is no system in the world with which you will win every trade!! Losing is all part of this business....
  • #2,090
  • Aug 13, 2012 6:40pm Aug 13, 2012 6:40pm
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!!
Again!
  • #2,091
  • Aug 13, 2012 7:05pm Aug 13, 2012 7:05pm
Quoting DmitryFX
Because you are master with this system, can I ask you?
Did you take this one long trade? If yes, what is the result of it?
Thank you forward for answer!
No disrespect meant to beginners. My hat's off to you. Everyone has to start somewhere. But please don't ask questions regarding specific entries and exits in regards to live trading. First of all nobody has the time for it. And second, nobody has time for it. This isn't a subscription service. Part of the learning process is swimming or sinking with your own decisions.
  • #2,092
  • Aug 14, 2012 1:25am Aug 14, 2012 1:25am
Quoting bobby2
This is probably a pretty good indicator if your plan involves changing markets everyday. I mean no disrespect to Minako. But please do this ONLY when you consider yourself sufficiently educated in at least the basics of FX trading. Don't marry your markets, but, know your enemy. If you honestly know yourself, you have a fair chance to win the battle. If you know yourself AND your opponent, the chance for success increases 2 fold. Learn your markets.
no problem. i actually know how to use the meter like the back of my hand. just an example, less than an hour ago below was the display. its always USD and JPY vs other pairs. and the likely contender was JPY vs EUR and CHF.

so those are the pairs i took and im up 40 pips. im done for the day (wasn't able to trade yesterday). more green pips to you.
Attached Image (click to enlarge)
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Attached Image
Challenger
  • #2,093
  • Aug 14, 2012 2:40am Aug 14, 2012 2:40am
Quoting minako
no problem. i actually know how to use the meter like the back of my hand. just an example, less than an hour ago below was the display. its always USD and JPY vs other pairs. and the likely contender was JPY vs EUR and CHF.

so those are the pairs i took and im up 40 pips. im done for the day (wasn't able to trade yesterday). more green pips to you.
Hi Minako,

Can you send me please the indicator of this meter, also please give me a hint on how you specially use it

thanks
  • #2,094
  • Aug 14, 2012 2:42am Aug 14, 2012 2:42am
Quoting bugsbunny110
Hi Minako,

Can you send me please the indicator of this meter, also please give me a hint on how you specially use it

thanks
Its not an indicator it has to be downloaded from the site, if you look back at his posts you will see the link for it.
  • #2,095
  • Aug 14, 2012 2:49am Aug 14, 2012 2:49am
Quoting bobby2
No disrespect meant to beginners. My hat's off to you. Everyone has to start somewhere. But please don't ask questions regarding specific entries and exits in regards to live trading. First of all nobody has the time for it. And second, nobody has time for it. This isn't a subscription service. Part of the learning process is swimming or sinking with your own decisions.
I just want to discuss my problem. Because of I had executed all rules of system but result was not so good. The same as today:
Attached Image (click to enlarge)
Click to Enlarge Name: 13feff23a18e8a78847abad7f21e58c2.png Size: 40 KB

All signals in line but immidiately after entry market reversed and SL triggered.
Everything is possible!!! Step by Step...
  • #2,096
  • Aug 14, 2012 3:01am Aug 14, 2012 3:01am
Quoting DmitryFX
I just want to discuss my problem. Because of I had executed all rules of system but result was not so good. The same as today:
Attachment
All signals in line but immidiately after entry market reversed and SL triggered.
On todays trade, right on London open is not the best time to take a trade, along with that, look at the M5 trend, at least wait to see if it will break the previous low, well above the daily pivot and also monthly pivot. You also have the multiple timeframe charts, use them if they are on there. Everything on there said up.
  • #2,097
  • Aug 14, 2012 3:03am Aug 14, 2012 3:03am
Quoting DmitryFX
I just want to discuss my problem. Because of I had executed all rules of system but result was not so good. The same as today:
Attachment
All signals in line but immidiately after entry market reversed and SL triggered.
your problem is that you are shorting into an obvious uptrend. Take a look at what PA did pre-london.

zoom out your charts, draw trendlines and tell me what you see.

go on 15m charts, it was no close to give a short signal.
  • #2,098
  • Aug 14, 2012 3:08am Aug 14, 2012 3:08am
Quoting yelena
1. i think you already acknowledged that that entry was pretty late. m15 and m5 stochs were at the bottom.
2. the recommended SL is swing high or low. that could have saved you.
3. if your personal SL remains, then why didn't you take the buy signal? that was more than enough to cover for the losses and then bag some pips
yelena, you looking at the same chart lol?
1. m5 stochs was not at bottom (was at 35, not near or below 20) and m15 stochs at the top in perfect position (78)
2. the swing high or low could not have saved him; it was only some pips away
bad reasons for a losing trade
  • #2,099
  • Aug 14, 2012 3:19am Aug 14, 2012 3:19am
Quoting ohammond
On todays trade, right on London open is not the best time to take a trade, along with that, look at the M5 trend, at least wait to see if it will break the previous low, well above the daily pivot and also monthly pivot. You also have the multiple timeframe charts, use them if they are on there. Everything on there said up.
u have posted trades at london open before and price break and close under the trendline too...
Attached Image (click to enlarge)
Click to Enlarge Name: 13feff23a18e8a78847abad7f21e58c2.png Size: 36 KB
  • #2,100
  • Aug 14, 2012 3:21am Aug 14, 2012 3:21am
Quoting Jack Herer
your problem is that you are shorting into an obvious uptrend. Take a look at what PA did pre-london.

zoom out your charts, draw trendlines and tell me what you see.

go on 15m charts, it was no close to give a short signal.
I might add that the setup was correct and if the market then he folded (a situation which can be found several times) now be here to speak that the indication was perfect.
Basically Genesis is not foolproof (and God forbid) simply the market has turned. Point and stop.
I also find it more frustrating to discuss 'after' of how we could do, but always 'later', which serves absolutely nothing.
Patience is a trade gone wrong and there will be a thousand other better.

Hello to all
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