Genesis Matrix Trading | Page 109 | 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

  • #2,161
  • Aug 14, 2012 11:19am Aug 14, 2012 11:19am
Quoting traco1
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.
Dont just rely on the indicators.
Look at something long enough, you will eventually get it.
  • #2,162
  • Aug 14, 2012 11:22am Aug 14, 2012 11:22am
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...
Quick question, how would you have filtered this mess ?
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-08-14_14-11.jpg Size: 112 KB
Look at something long enough, you will eventually get it.
  • #2,163
  • Aug 14, 2012 12:02pm Aug 14, 2012 12:02pm
hi guys, this may be a possible sale in GOLD.
http://imageshack.us/photo/my-images...inttulobx.jpg/http://img577.imageshack.us/img577/544/sinttulobx.jpg
http://imageshack.us/photo/my-images...inttulobx.jpg/
  • #2,164
  • Aug 14, 2012 12:57pm Aug 14, 2012 12:57pm
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 iīm 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...
Sorry but I don't believe you have been trading a long time, if you have taken every single signal??? Come on. You don't even have the M15 stoch on that chart!
  • #2,165
  • Aug 14, 2012 1:04pm Aug 14, 2012 1:04pm
Quoting nadar
RJ

Is it my imagination, but gives the EJ more clear signals then the EU?

Or this is due to the odd PA off the last day's??

Thanks,
want more signlas , check EU 1M...demo first...it trends like a dayly...but money comes in sooner, donīt need to wait for days...BUT, on choppy markets it punches back nasty....you can survive those inevitable times with good trailing and good MM (position size)...
Practice.
  • #2,166
  • Aug 14, 2012 1:16pm Aug 14, 2012 1:16pm
[quote=thinK1234;5928542]Hi,

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

looking at that chart, my humble suggestion.
-1 Beware of GBPUSD, itīs tricky.
-2 some of those entries seem to be with the stochs not in an ideal position.
3- 5 winners/6 loosers:on average, with a decent trailing stop and TP, it should still make money...not every day, but on average...
4-looks like you hit a ranging market....old problem for every swing trader...regardless...
  • #2,167
  • Aug 14, 2012 2:26pm Aug 14, 2012 2:26pm
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 ...
<snip>
.. maybe someone can give some tip
Your post reveals a couple of things.
You're looking for a system that requires that you not think. This is not that system. Nor is any other. You must think. But not finding the one that lets you not think, you move to another.
You may have been using the system for some weeks, but you haven't studied the wealth of material presented through the pages.
Indeed, you haven't even bothered to read the few pages before your post where yelena clearly explained how to trade, and suggested a challenge for simple trading for the rest of the week.
The tips:
Go back to page 1.
Got to the babypips link on page 1 and study the course from beginning to end.
Come back to page 1 and read the thread and study every post.
After that, reanalyze the chart you posted and ask yourself why each bad trade didn't work and why each successful one did.
Try to help yourself first. You will find that those who make an effort here are helped willing by experienced and successful traders of the system you casually label as "don't work".
You may also find, briefly, that those who make categoric incorrect generalizations and demands, without trying to help themselves, and those who refuse to think, are banned.
--Cody
  • #2,168
  • Aug 14, 2012 3:32pm Aug 14, 2012 3:32pm
Quoting wiz3003
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...
Sorry I missed this earlier. I can't speak for RJ but I personally risk the same percentage on each trade whether I have one trade in there or two. Firstly, I treat them completely separately, and secondly I have no idea sometimes if I will have another trade in so my risk is 5% on each trade I have in.
  • #2,169
  • Aug 14, 2012 3:40pm Aug 14, 2012 3:40pm
ehm no i think it has nothing to do with the timeframes ... watch the GBP / USD at the 15min chart ... u very very often got a arrow up and only ONE bar later u get a arrow down ... the same at other timeframes

but a little light at the end of the tunnel is that other pairs work good at m15 but only GBP / USD works not very well. Its a major pair so i am asking why ?? .. i think its because the GBP has not very long trending periods ... maybe i should use for this pair another indikator

if you want to know what i mean look at the 14th at 15min frame ... very hard to trade these day i think ... but u know it only at the end of the day xD
  • #2,170
  • Aug 14, 2012 4:02pm Aug 14, 2012 4:02pm
Quoting thinK1234
ehm no i think it has nothing to do with the timeframes ... watch the GBP / USD at the 15min chart ... u very very often got a arrow up and only ONE bar later u get a arrow down ... the same at other timeframes

but a little light at the end of the tunnel is that other pairs work good at m15 but only GBP / USD works not very well. Its a major pair so i am asking why ?? .. i think its because the GBP has not very long trending periods ... maybe i should use for this pair another indikator

but u know it only at the end of the day .
Not if you analyse first; do some top down analysis, find a strongly trending pair, filter them by stacking the pivots or by 200 EMA, look for signals in that direction; problem is, it is the summer doldrums and there are not many trending pairs

Attached Image (click to enlarge)
Click to Enlarge Name: 0002.png Size: 171 KB
It takes a lot for me to IGNORE you, but you can try.
  • #2,171
  • Aug 14, 2012 4:05pm Aug 14, 2012 4:05pm
Quoting thinK1234
ehm no i think it has nothing to do with the timeframes ... watch the GBP / USD at the 15min chart ... u very very often got a arrow up and only ONE bar later u get a arrow down ... the same at other timeframes

but a little light at the end of the tunnel is that other pairs work good at m15 but only GBP / USD works not very well. Its a major pair so i am asking why ?? .. i think its because the GBP has not very long trending periods ... maybe i should use for this pair another indikator

if you want to know what i mean look at the 14th at...
If you had pivots on the chart, the majority of those arrows on M15 would not have been taken because they were too close to them.
  • #2,172
  • Aug 14, 2012 5:06pm Aug 14, 2012 5:06pm
Quoting Cody_R
Try to help yourself first. You will find that those who make an effort here are helped willing by experienced and successful traders of the system you casually label as "don't work".
You may also find, briefly, that those who make categoric incorrect generalizations and demands, without trying to help themselves, and those who refuse to think, are banned.
--Cody
Quite right Cody........quite right
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,173
  • Aug 14, 2012 5:12pm Aug 14, 2012 5:12pm
Quoting wiz3003
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...
Hiya Wiz,

Yes, for me, the risk is the same. If I open a trade at 2%, then I will open another also at 2%. But I won't open a 3rd trade until one of the other two is protected by a BE SL.

Many people vary their risk according to various factors, but I just keep it the same for all trades.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,174
  • Edited 5:33pm Aug 14, 2012 5:20pm | Edited 5:33pm
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...
I have to agree with others here Yelena. Please don't delete your posts. Your posts are valuable and helpful as well as interesting. If we all deleted our posts, the forum would not exist and there would no information resource for people to search and to learn from.

I imagine that you read various forums and posts from time to time, and you will be learning from them. If people deleted everything they ever post, soon after they post it, there would be no resource from which to learn, and we would be constantly reinventing the wheel every day!!
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,175
  • Aug 14, 2012 8:40pm Aug 14, 2012 8:40pm
Quoting yelena
yes, it too fails. the longest losing streak i've recorded was 5. but it would have not been traded if the pair's volatility was measured first.

with filtered pairs, longest losing streak was 3 successive signals. yes erebus you are correct we filter our pairs.

@traco and thinK1234 on yesterday's GU. it wasn't a volatile pair as per CSM (curr stre mtr)/sma60. i didn't trade it. can't comment on something that did not meet the condition

Dimtry's challenge is what M5 genesis signal to take. the suggestion was...
Thanks Yelena, I have been using the trading simulator with m5 to m15 and its working well. What indicator are you using to filter out what pairs are not moving? That would be really cool if you put a special 15m arrow that would pop up on the 5 min screen to filter out bad trades!
  • #2,176
  • Aug 14, 2012 9:35pm Aug 14, 2012 9:35pm
Quoting yelena
LOL . if you did read symph thread cover to cover, even a few pages back before the release of 60-5, i called it M5 to H1. and then he changed the name and called it his own

but M5 to M15 is faster; it's not my baby. he will claim it as he wishes.
Just to clear this little matter up, and not to get into a pissing match.....the 60 - 5 method most definitely is all Yelena's doing. She has been doing this for a long time on the Symph thread and, as she said, Eval changed it's name (to 60 - 5) and made it his own.....but it certainly is not.

M5 to M15 is something that I began to experiment with quite some time ago because in anything other than a strong trending market, 60 -5 is a killer because the time difference between 5 minutes and 60 minutes is too great. It is that that lead me to experiment with the M15 and M5 charts, and I shared this with Yelena and Olivia to also test.

Wiz3003 is also helping the team now, and Cody is doing some fantastic work on the MTF Arrow to streamline this system. When we have arrived at a reliable method, we will see about introducing this as part of the overall Genesis Trading System for all to use and profit from.

At the end of the day though, who discovered what is not hugely important, but for certain, Yelena is the originator of the 60 - 5 method, and the 15 - 5 method that the team is working on was begun by yours truly, but as far as I'm concerned, it belongs to the Genesis Team.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,177
  • Edited Aug 15, 2012 12:46am Aug 14, 2012 9:45pm | Edited Aug 15, 2012 12:46am
Quoting Jandre
Thanks Yelena, I have been using the trading simulator with m5 to m15 and its working well. What indicator are you using to filter out what pairs are not moving? That would be really cool if you put a special 15m arrow that would pop up on the 5 min screen to filter out bad trades!

for real time filtering, based on her symphonie post she uses:

download, installation and how to use (see video): CSM found here http://www.currencystrengthmeter.com/
no download, here

you must open it only after 1:01AM EST. and come DST, open it only by 2:01AM EST (like the market_open indi). because it is embedded with calculations from the previous day that ends 1AM EST then 2AM by EST.
Challenger
  • #2,178
  • Aug 14, 2012 9:45pm Aug 14, 2012 9:45pm
Quoting yelena
LOL . if you did read symph thread cover to cover, even a few pages back before the release of 60-5, i called it M5 to H1. and then he changed the name and called it his own
You see chica......if the posts were deleted like you do, he wouldn't be able to go back and read the posts, now would he?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,179
  • Aug 14, 2012 9:47pm Aug 14, 2012 9:47pm
Quoting minako
for real time filtering, based on her symphonie post she uses:

CSM found here http://www.currencystrengthmeter.com/ . there's a video on how to use it, but she only uses the 1 of the 7. its always USD and JPY vs other currencies to determine what pairs could yield better volatility.

you must open it only after 1:01AM EST. and come DST, open it only by 2:01AM EST (like the market_open indi). because it is embedded with calculations from the previous day that ends 1AM EST then 2AM by EST.

SMA60...
Thanks for this Minako, I'll link to your post from post #1
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,180
  • Aug 14, 2012 9:53pm Aug 14, 2012 9:53pm
Quoting Jandre
Thanks Yelena, I have been using the trading simulator with m5 to m15 and its working well. What indicator are you using to filter out what pairs are not moving? That would be really cool if you put a special 15m arrow that would pop up on the 5 min screen to filter out bad trades!
#MTF Arrow, attached.
Attached File(s)
File Type: ex4 #MTF Arrow.ex4   3 KB | 848 downloads
File Type: mq4 #MTF Arrow.mq4   3 KB | 966 downloads
14 traders viewing now