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Genesis Matrix Trading

  • #2,141
  • Aug 14, 2012 11:04am Aug 14, 2012 11:04am
RJ and Olivia,

I have a little question about your multi trade MM strategy. I read somewhere that RJ doesn't open more than two trades at the same time unless at least one of the first two is in BE (I am not sure about Olivia's rules).

Well, my question is:
when you open more than one trade and the first one isn't yet in BE do you risk the same amount % of the first?

Example:
Your Risk factor is 2% of your account per trade.
You open the first trade and risk 2%. Then you have an opportunity in another pair but your first trade isn't yet in BE. Do you risk 2% on the second trade?

thank you

ciao

wiz
You control how you trade; the market controls how and when you'll get paid
  • #2,142
  • Aug 14, 2012 11:05am Aug 14, 2012 11:05am
Quoting yelena
although i've mentioned this before.

before making any position check out where the m15 arrow is pointing to in m15. then take only trades to that direction. even the last buy signal, if exited at R1 which was the nearest pivot price, was still a winner!

the vertical dashed lines represent the 3rd M5 bar of the 3 M5 bars that consists 1 M15 bar. and those vertical lines are the m15 bars with arrows, there were only 2 M15 arrows today

today you should have had no loser, no fighting against the trend. but yesterday, there were 3 consecutive...
It still seems a shame to 'lose' your posts as you quite obviously know what you are talking about and have always made valid trading points.
  • #2,143
  • Aug 14, 2012 11:12am Aug 14, 2012 11:12am
Then a MTF arrow might interesting ?

Regards,

Fable
  • #2,144
  • Aug 14, 2012 11:13am Aug 14, 2012 11:13am
Quoting yelena
nah. until end of august, just use the M15 arrow direction to take M5 genesis signals.

just to prove a point, attached are the other last 4 trading days.
1. vertical blue lines are M15 buy signals
2. vertical red lines are M15 sell signals
3. horizontal lines are FXpivot prices

and that's a nett + profit in the last 5 days.

so your chart should only have fx pivots, genesis matrix and arrow. remember to look at M15 first and draw vertical line of a completed M15 arrow. have 2 charts of EU side by side to warn you if an impending arrow...
Excellent work Yelena,

following this system trading becomes simple .... finally now I can learn to trade to my wife

thank you

ciao

wiz
You control how you trade; the market controls how and when you'll get paid
  • #2,145
  • Aug 14, 2012 11:25am Aug 14, 2012 11:25am
Quoting wiz3003
when you open more than one trade and the first one isn't yet in BE do you risk the same amount % of the first?
wiz
For me it depends on the R/R ratio that presents itself in the 'next' trade because I try to consider each trade in isolation (I try not to get influenced by any ongoing trade(s) but that's not always easy - emotions always try to come into play lol).
As I trade many instruments the risk in each trade is always quite small to allow me to have many running ones at the same time if the opportunities present themselves.
But yes I'll have a maximum overall risk figure because it is not unknown for markets to turn on a dime and hit all your SL one after the other.
What RJ mentionned also makes sense: if your first trade is already protected at B/E then you can almost consider the next one as the only one running as far as risk is concerned.
One thing that is imperative for me if I'm running more than 1 trade is to place the SL even before I enter the 2nd/3rd trades for extra safety.
  • #2,146
  • Aug 14, 2012 11:28am Aug 14, 2012 11:28am
Quoting yelena
its a self preservation mechanism. the bashing that i had to go through in symphonie was insane. even when we traded live, my performance was consistent, and yet i was told many ridiculous things. nevertheless, everyday, i always close beyond +100 pips plus i did get the EA's that i need to allow me to do so (thanks to Lorenzo and "Yordc"). so as a gratitude, i will post what goes on in my trades but only a peek... enjoy!
Do you still close out your days +100 pips? I just don't see how it is possible to do this everyday, I had a rough day, I kept getting stopped out at break even, when do you move a trade to break even Yelena and how do you manage the trade as it develops, locking in profit wise?
  • #2,147
  • Aug 14, 2012 11:37am Aug 14, 2012 11:37am
Quoting Fable
Then a MTF arrow might interesting ?

Regards,

Fable
Hey Fable,
http://www.forexfactory.com/showthre...66#post5918566
But read the following couple of pages about the issues relating to MTF.
Oli
  • #2,148
  • Aug 14, 2012 11:43am Aug 14, 2012 11:43am
Quoting yelena
nah. until end of august, just use the M15 arrow direction to take M5 genesis signals.

just to prove a point, attached are the other last 4 trading days.
1. vertical blue lines are M15 buy signals
2. vertical red lines are M15 sell signals
3. horizontal lines are FXpivot prices

and that's a nett + profit in the last 5 days.

so your chart should only have fx pivots, genesis matrix and arrow. remember to look at M15 first and draw vertical line of a completed M15 arrow. have 2 charts of EU side by side to warn you if an impending...
Ok, Boss! It's done! Now green pips are welcome )))
Everything is possible!!! Step by Step...
  • #2,149
  • Aug 14, 2012 11:45am Aug 14, 2012 11:45am
Quoting olivierforex
Hey Fable,
http://www.forexfactory.com/showthre...66#post5918566
But read the following couple of pages about the issues relating to MTF.
Oli
Can't find those pages you referring to ?? You mean the sound troubles ?
  • #2,150
  • Aug 14, 2012 12:00pm Aug 14, 2012 12:00pm
Quoting Fable
Can't find those pages you referring to ?? You mean the sound troubles ?
You just need to be aware (if not already so) that when you look back at a chart or backtest using the MTF Arrow, that a M15 arrow will appear 2 candles earlier than it did in real life when put it on a M5 chart.
Posts #2000 #2001 #2005 #2018
  • #2,151
  • Aug 14, 2012 12:06pm Aug 14, 2012 12:06pm
Quoting yelena
starting tomorrow just look at only 2 pairs, EU and EJ, one of them will be smoother.

...

i will be out til sunday so take care and more green pips to everyone!
OK! It's rock'n'roll!
Everything is possible!!! Step by Step...
  • #2,152
  • Aug 14, 2012 12:23pm Aug 14, 2012 12:23pm
Quoting olivierforex
But yes I'll have a maximum overall risk figure because it is not unknown for markets to turn on a dime and hit all your SL one after the other.
Thank you Oli,

that means you controll the overall risk during the day, is it right?

ciao

WIZ
You control how you trade; the market controls how and when you'll get paid
  • #2,153
  • Aug 14, 2012 12:39pm Aug 14, 2012 12:39pm
Quoting wiz3003
Thank you Oli,

that means you controll the overall risk during the day, is it right?

ciao

WIZ
What do you mean by 'during the day'?
  • #2,154
  • Aug 14, 2012 12:42pm Aug 14, 2012 12:42pm
Quoting olivierforex
You just need to be aware (if not already so) that when you look back at a chart or backtest using the MTF Arrow, that a M15 arrow will appear 2 candles earlier than it did in real life when put it on a M5 chart.
Posts #2000 #2001 #2005 #2018
Thanks, yep i did know that but thanks anyway, I never backtest.
  • #2,155
  • Aug 14, 2012 12:53pm Aug 14, 2012 12:53pm
Hi,

i testet you system now for some weeks.... sometime it workes great mostly not -.-*

Its always the same every system has problems with ... if there is not much volatitity in the market you get too much fail signal ... and often the arrows comes 1 or 2 bars to late often a buy or sell signal at extreme points ..

i dont know what i´m doing wrong .. i am trading some years now fores and i am always looking for some new systems. I trade mostly the 5min chart and only the major pairs. I look at resitance and all the other shit u have to notice ...

so i post a screenshot of my trading day today .. --> gb /usd

sry i dont want so critize your system but i read that 5+ peaople testet it for over 1 year ... so i think it had to work ?

i post a screenshot of my trades .. maybe someone can give some tip

The down hand are trades with lose - Up Hand are winning trades.
Attached Image (click to enlarge)
Click to Enlarge Name: Genesis GBP USD.jpg Size: 154 KB
  • #2,156
  • Aug 14, 2012 1:00pm Aug 14, 2012 1:00pm
Quoting thinK1234
Hi,

i testet you system now for some weeks.... sometime it workes great mostly not -.-*

Its always the same every system has problems with ... if there is not much volatitity in the market you get too much fail signal ... and often the arrows comes 1 or 2 bars to late often a buy or sell signal at extreme points ..

i dont know what i´m doing wrong .. i am trading some years now fores and i am always looking for some new systems. I trade mostly the 5min chart and only the major pairs. I look at resitance and all the other shit u have to...
1 time frame ?
Look at something long enough, you will eventually get it.
  • #2,157
  • Aug 14, 2012 1:02pm Aug 14, 2012 1:02pm
Quoting yelena
starting tomorrow just look at only 2 pairs, EU and EJ, one of them will be smoother.

today, for the longs (using M15 arrow as guide) i don't see any long M5 genesis signal that got stopped out by a a swing low

on the short (using M15 arrow as guide), only 1 short signal that got stopped out right before 8am EST, but a short signal followed it again and TP DP was hit.


at the back of my head, before i enter, i know where i will exit (swing hi/lo for SL and nearest pivot price for TP)

but i'm a scardie cat. if PA refuses to slice through...
Ylenia Hello and thanks for valuable info.
This method is similar to 60-5 already seen in another forum?
At least the concept should be the same.
Right?

Hello and thanks again.
  • #2,158
  • Aug 14, 2012 1:08pm Aug 14, 2012 1:08pm
sometimes i also watch the m15 .. sure u can filter some fail signals with it but also u are missing the right moment of changing trend and so u get in the trade to late and make also a lose trade
  • #2,159
  • Aug 14, 2012 1:16pm Aug 14, 2012 1:16pm
Quoting thinK1234
sometimes i also watch the m15 .. sure u can filter some fail signals with it but also u are missing the right moment of changing trend and so u get in the trade to late and make also a lose trade
Looks like your taking every signal., Sometimes ? try waching the m15 all the time . You should have at lease 2 charts up. and thats bear minimum for me anyway. I also watch the 1 hr.
Look at something long enough, you will eventually get it.
  • #2,160
  • Aug 14, 2012 1:18pm Aug 14, 2012 1:18pm
Quoting olivierforex
What do you mean by 'during the day'?
Maximun daily risk
You control how you trade; the market controls how and when you'll get paid
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