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Genesis Matrix Trading

  • #2,401
  • Aug 17, 2012 4:24am Aug 17, 2012 4:24am
Quoting magdelen
Well done Dimtry, isnt it nice to see all these charts without all the clutter
I am also really hate any messy charts, where is not possible to find clear PA !
Everything is possible!!! Step by Step...
  • #2,402
  • Aug 17, 2012 4:26am Aug 17, 2012 4:26am
Quoting joker24
You should ask your boss, maybe he can explain correlation to you.

But I dont looking for trouble. It was only a question and a tip for you.
I know about correlation very well. No reason to ask HER )))
Everything is possible!!! Step by Step...
  • #2,403
  • Aug 17, 2012 4:27am Aug 17, 2012 4:27am
Quoting ohammond
I was just going to post the same thing and as someone has said they are not 100% correlated and one will always move more than the other, another thing is sometimes a news event can affect one and not the other, so its not the same thing at all. If you choose just one of them you can bet anything you like it will be the other one that moves most

Quoting DmitryFX
First of all, they are not 100% correlated.
And second, I am following to instructions of my boss )))
Everything is possible!!! Step by Step...
  • #2,404
  • Aug 17, 2012 4:32am Aug 17, 2012 4:32am
Quoting bubola
hi..here's my trade...i use the PRINTED 15mn arrow to get direction...i don't enter on that signal but wait for a full 5mn cycle from opposite color..in this case, 15mn arrow was long, 5mn matrix went from blue to red to blue again...also, notice stoch and 60sma...last but not least, meter shows ej as better trade.
Where are you getting 0.7 spread on eur/jpy? Thats really good, I pay close to 3 pips!
  • #2,405
  • Aug 17, 2012 4:36am Aug 17, 2012 4:36am
Quoting Jandre
Where are you getting 0.7 spread on eur/jpy? Thats really good, I pay close to 3 pips!
my broker is pepperstone
  • #2,406
  • Aug 17, 2012 4:38am Aug 17, 2012 4:38am
Quoting bubola
my broker is pepperstone
I am reading about them, seems like a great broker! I may have to open an account!
  • #2,407
  • Aug 17, 2012 4:41am Aug 17, 2012 4:41am
Quoting Jandre
I am reading about them, seems like a great broker! I may have to open an account!
then go for the edge razor account, i am upgrading
  • #2,408
  • Aug 17, 2012 4:50am Aug 17, 2012 4:50am
Quoting bubola
then go for the edge razor account, i am upgrading
I just read all about the edge razor, seems to good to be true for a retail trader!
  • #2,409
  • Aug 17, 2012 4:53am Aug 17, 2012 4:53am
Quoting Jandre
I just read all about the edge razor, seems to good to be true for a retail trader!
They are that good
  • #2,410
  • Aug 17, 2012 4:59am Aug 17, 2012 4:59am
Quoting Thoughts
They are that good
yes, they are
  • #2,411
  • Aug 17, 2012 5:02am Aug 17, 2012 5:02am
Realjumper
Hi. I have a few observations having started to get familiar with the thread yesterday and wanted to gauge your opinion on these. I have read 10 of the c160 pages so I have alot to read so some of what i say may have been covered in future pages:

> In terms of the better trades to take, my initial observation has been that if I was taking trades, I would take shorts when price is above the Pivot point and longs when below. (Provided all the other conditions are met). i guess what i am saying is that I would filter which trades I take based on this. Any thoughts on this?

> I have found that shorter timeframe trades seem to be better for this tpl. ie <1hour. Longer timeframes don't work aswell. But I may have incorrectly interpreted

> One of the issues raised from my initial reading has been on getting a good TP. SL and entry are easier. One observation/thought I have is that MACD Histogram may be good for this but not on a 12,26,9 setting but something faster. So for example when long, exit the position when the histogram falls below the signal line

Would welcome thoughts on the above
  • #2,412
  • Aug 17, 2012 5:06am Aug 17, 2012 5:06am
This forum has been a great place to learn and communicate with each other about how we are using the Genesis Matrix trading system. The only problem is we are all trading and switching back and forth between charts to talk and communicate, which causes much delay. I propose we create a chat and voip room where we can instantly communicate with each other while trading the Genesis Matrix. I personally would love to chat with other traders while trading, I think it would be a very positive experience for everyone, not to mention I get bored and lonely sitting here all by myself screen watching for 10 hours sometimes! Let me know what you guys think?
  • #2,413
  • Edited 5:13am Aug 17, 2012 5:07am | Edited 5:13am
While people are talking about brokers etc, on this page if you scroll down about half way, there is a great explanation regrading the different types of brokers like eg ECN brokers, Dealing Desk brokers etc etc
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,414
  • Aug 17, 2012 5:13am Aug 17, 2012 5:13am
Quoting Jandre
This forum has been a great place to learn and communicate with each other about how we are using the Genesis Matrix trading system. The only problem is we are all trading and switching back and forth between charts to talk and communicate, which causes much delay. I propose we create a chat and voip room where we can instantly communicate with each other while trading the Genesis Matrix. I personally would love to chat with other traders while trading, I think it would be a very positive experience for everyone, not to mention I get bored and lonely...
For some people, this might work, but I have been in a skype group of only a few people I found that it badly affected my trading. For me, the constant chatter was distracting and in the end I left the group because my trading was suffering. As it says on the first page, we are traders here and so we may not be able to answer questions etc straight away, because if we don't trade and make money, we don't eat!!

But if other people find it useful, then go for it
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,415
  • Aug 17, 2012 5:15am Aug 17, 2012 5:15am
Quoting realjumper
For some people, this might work, but I have been in a skype group of only a few people I found that it badly affected my trading. For me, the constant chatter was distracting and in the end I left the group because my trading was suffering. As it says on the first page, we are traders here and so we may not be able to answer questions etc straight away, because if we don't trade and make money, we don't eat!!

But if other people find it useful, then go for it
yes, i agree, very distracting and i always ended up taking other people's trades, instead of my own
  • #2,416
  • Aug 17, 2012 5:16am Aug 17, 2012 5:16am
Quoting realjumper
While people are talking about brokers etc, on this page if you scroll down about half way, there is a great explanation regrading the different types of brokers like eg ECN brokers, Dealing Desk brokers etc etc
That was a great read, thanks RJ! I now completely understand the difference between brokers!
  • #2,417
  • Aug 17, 2012 5:20am Aug 17, 2012 5:20am
Quoting realjumper
For some people, this might work, but I have been in a skype group of only a few people I found that it badly affected my trading. For me, the constant chatter was distracting and in the end I left the group because my trading was suffering. As it says on the first page, we are traders here and so we may not be able to answer questions etc straight away, because if we don't trade and make money, we don't eat!!

But if other people find it useful, then go for it
Hey,
Is this "PRINTED 15mn arrow" an indi?
Can you plz upload it?
Thanks.
  • #2,418
  • Aug 17, 2012 5:20am Aug 17, 2012 5:20am
Quoting bubola
yes, i agree, very distracting and i always ended up taking other people's trades, instead of my own
I could see how that could happen, We would only be trading the Genesis Matrix though so it would be a group effort and we would all be trading the same system with the same rules. If anyone is interested let me know, I am game!
  • #2,419
  • Aug 17, 2012 5:21am Aug 17, 2012 5:21am
Quoting vnathwani
Realjumper
Hi. I have a few observations having started to get familiar with the thread yesterday and wanted to gauge your opinion on these. I have read 10 of the c160 pages so I have alot to read so some of what i say may have been covered in future pages:

> In terms of the better trades to take, my initial observation has been that if I was taking trades, I would take shorts when price is above the Pivot point and longs when below. (Provided all the other conditions are met). i guess what i am saying is that I would filter which trades I take...
Take trades wherever you want.....I take trades when Genesis signals and there is no S/R areas in the way.....as it states in this thread


Quoting vnathwani
> I have found that shorter timeframe trades seem to be better for this tpl. ie <1hour. Longer timeframes don't work aswell. But I may have incorrectly interpreted
Hence the preference for M5 and M15 TF's that most people in this thread speak of


Quoting vnathwani
> One of the issues raised from my initial reading has been on getting a good TP. SL and entry are easier. One observation/thought I have is that MACD Histogram may be good for this but not on a 12,26,9 setting but something faster. So for example when long, exit the position when the histogram falls below the signal line
Again.....the exit method has been explained in post #2 and have been spoken about again and again.....if you read the thread you'll see this. The exit method has not changed and I see no need to add yet more indicators
[/quote]
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,420
  • Aug 17, 2012 5:22am Aug 17, 2012 5:22am
Quoting Mini Trader
Hey,
Is this "PRINTED 15mn arrow" an indi?
Can you plz upload it?
Thanks.
Huh???
Doing what you like is Freedom. Liking what you do is Happiness.
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