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Genesis Matrix Trading

  • #2,581
  • Aug 20, 2012 8:17am Aug 20, 2012 8:17am
Quoting yelena
recommended targets are pivots. however, even i can't exercise full discipline of following that. i'm just way too scared. just a noob myself. ill get there, someday... trying ... at the moment i just want to get my 100 pips daily and that's it.
So, its based on your feellings? Nothing like Stoch crossings, Matrixs signals or anything else?
Everything is possible!!! Step by Step...
  • #2,582
  • Aug 20, 2012 8:21am Aug 20, 2012 8:21am
Quoting heispark
QQE(5) collects still some more pips....
Hi Heispark,
From what I can tell, QQE is based on the smoothed RSI (not CCI) and the signals look to coincide with TDI (Traders Dynamic Index) when RSI crosses the baseline.
Have you used QQE for a while and had consistent results as an extra filter?
  • #2,583
  • Aug 20, 2012 8:43am Aug 20, 2012 8:43am
Quoting yelena
nope. either pin bars + confirmation, pivots (camarillas as primary targets, regulars as secondary targets). even if you didn't have them, remember that daily high or low is always tested 2x at the minimum. so your long exit up there was in the middle of PA. if you are willing to wait, exit at re-test.
It's really intresting! First time meet trader who is using Camarillas) Need to study it as well.
About double testing - I will keep in mind it from today also.
Everything is possible!!! Step by Step...
  • #2,584
  • Aug 20, 2012 8:45am Aug 20, 2012 8:45am
Quoting yelena


don't be deceived. there are only 2 sets of positions daily. the 3rd is for news trading. less trades less mistakes.
lol..I'd take your 2 sets of positions in 4 correlated pairs any day
  • #2,585
  • Aug 20, 2012 8:56am Aug 20, 2012 8:56am
Quoting yelena
you don't need to study it. it will just remove discipline from you. regular pivots are fine. just remember that daily high/low is always tested 2x else it will breakthrough. if doesn't then we have lower high/low or double tops/bottoms.
OK. It's clear. I will continue as began before!
Everything is possible!!! Step by Step...
  • #2,586
  • Aug 20, 2012 7:45pm Aug 20, 2012 7:45pm
Quoting olivierforex
Hi Heispark,
From what I can tell, QQE is based on the smoothed RSI (not CCI) and the signals look to coincide with TDI (Traders Dynamic Index) when RSI crosses the baseline.
Have you used QQE for a while and had consistent results as an extra filter?
Thank you for your information about TDI. I'm new to both Genesis and QQE, and I am sorry but I don't know much about QQE. Although, I occasionally use QQE for my 1 hour chart based trade, I haven't properly tested QQE yet. I will let you know if I find anything. Please also let me know if you find anything.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,587
  • Aug 20, 2012 7:54pm Aug 20, 2012 7:54pm
Quoting heispark
QQE(5) collects still some more pips....

Attachment
Another example....

Attached Image (click to enlarge)
Click to Enlarge Name: genesis.png Size: 63 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,588
  • Aug 20, 2012 8:53pm Aug 20, 2012 8:53pm
Quoting olivierforex
It wasn't a criticism (you can't criticize 3 trades that showed you plenty of pips): I hadn't realised that Dmitry was 'using' your corelated strategy because from the entry criteria he listed (M15 arrow + M5 matrix), it didn't make sense...
Yelena Replied:

lol. even if it was i wouldn't take any offense. we have this forum so we can better ourselves. its just the way i trade and its faster to decide.

similar positions in EU were taken wither in EJ or CJ.

EA asian trade was a news trading. next high impacting news is only by wednesday hence, take what you can and trade carefully. but EA should provide enough volatility this week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EA.png Size: 41 KB
Click to Enlarge Name: EU.png Size: 44 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,589
  • Aug 20, 2012 8:59pm Aug 20, 2012 8:59pm
The post above is one of Yelena's that she didn't yet delete, so I have re-posted what she said with her charts before she deletes it.

Where possible I will do this because what Yelena has to say and show is a valuable resource on which to look back and review from time to time when the market is quiet.

Yes, this is going to create more work for me, but what choice is there?

Yelena, shall we all delete our posts after we have made them? That way there would be no information shared and there would be no forum. In fact, many people, me included and I suspect, you, would never have got this far in our trading career. You have been asked by several people to stop deleting your posts......so.....please STOP. It serves NO USEFUL PURPOSE. The whole point is of this thread and this forum is to share.......

You are no 'noob', you are skilled and experienced and your number of posts does not reflect the true number of posts you have made, most of them have been deleted by yourself.

Please........stop deleting your posts. It is not helpful to anyone.

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,590
  • Aug 20, 2012 9:12pm Aug 20, 2012 9:12pm
Quoting heispark
Another example....

Attachment
HI heispark, Is your indicator QQE available for download somewhere' I would like to test it but couldn't find it yet.
  • #2,591
  • Aug 20, 2012 9:27pm Aug 20, 2012 9:27pm
Quoting ttaro27
HI heispark, Is your indicator QQE available for download somewhere' I would like to test it but couldn't find it yet.
10 seconds on google revealed: http://www.earnforex.com/metatrader-indicators/QQE
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,592
  • Aug 20, 2012 9:40pm Aug 20, 2012 9:40pm
Quoting realjumper
10 seconds on google revealed: http://www.earnforex.com/metatrader-indicators/QQE
Thank you RJ for taking that 10 seconds for me, I did search this site, not google. I was planning on doing it later if no one answered.
  • #2,593
  • Aug 20, 2012 9:42pm Aug 20, 2012 9:42pm
Quoting ttaro27
Thank you RJ for taking that 10 seconds for me, I did search this site, not google. I was planning on doing it later if no one answered.
No problem.....if you search for the indi on google, just enter something like QQE Metatrader and you'll get many hits
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,594
  • Aug 20, 2012 9:56pm Aug 20, 2012 9:56pm
Quoting frontline141
here's a fail trade


I understand its a counter-trend

but the signals looks fine for me, seems I still dont get the system yet

This was not a failed trade. This was a failed entry signal. The higher probability was always Short, not Long.

The answers can be found in Harmonic Ratios and Fibonacci Confluence Zones. Once you have that basic understanding down, then you can switch to a quasi-predictive method such as Genesis Matrix Trading.

However, before any trade can take place, you have to understand why the market is behaving the way it is and when it is most likely to changes its normative behavior.

If I have the time and the inclination, I'll start a thread on Harmonics and Confluence.

Happy Trading!
StealthTechnology
  • #2,595
  • Aug 20, 2012 10:03pm Aug 20, 2012 10:03pm
Quoting ohammond
... If there is no re-test and it just carries on going up then I've missed it and I don't worry about it.

Not only could you have known whether or not there would have been a re-test, but you could have actually predicted the depth of the re-test zone before it happened. In fact, it is the depth of the re-test zone that actually tells you what the market is using for its next large scale pivot.

Again, all of this can be known when you understand how to properly interpret Harmonic Sequences and Harmonic Cycles within Confluence Zones of Fibonacci Ratios.

If I get inclination, I'll follow-up on the subject.
  • #2,596
  • Aug 20, 2012 10:13pm Aug 20, 2012 10:13pm
Quoting magdelen
Just took my first trade with Genises, the price was coming off a confimred support level, so i took the counter trend and will trail stop up to the next level. The re vertical line is where i entered.

I guess you took this one against the rules laid-out in the Entry protocol. The entry protocol requires that the Oscillator (Stochastics) is emerging from an Oversold Condition. In the pic you provided, that Oscillator was well above level 50 and had even bounced towards the short side before climbing again above level 50.

Unless the rules of Genesis Matrix Trading have changed, or unless I missed some other rule that was given, this entry violated the protocol.

Still, money is money and I hope it all turned out very well for you!

Regards,
StealthTechnology
  • #2,597
  • Aug 20, 2012 10:19pm Aug 20, 2012 10:19pm
Quoting heispark
Another example....

Attachment
So-so example:

Attached Image (click to enlarge)
Click to Enlarge Name: genesis.png Size: 59 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,598
  • Aug 20, 2012 10:21pm Aug 20, 2012 10:21pm
Quoting magdelen
still in this trade, and this is the restest, that i should have been looking for as Olivia said.

Well, in reality - that was not a "Re-Test." It was a classic Continuation move to the bottom of what is known as a 2B Vic Long Entry.

Google: Harmonics + 2B Vic

It seems like a lot of people are entering positions without a fundamental understanding of why. It is always better to try to obtain as deep an understanding as you can about why the market behaves the way it does, before attempting to apply a "trading system."

Anyways, just my two cents and an after thought - I'm a real latecomer to this thread and I'm just reading through some of the earlier posts. So, maybe somebody who is just getting involved can read my entries here and maybe see what I've been referring to.

Regards,
StealthTechnology
  • #2,599
  • Aug 20, 2012 10:21pm Aug 20, 2012 10:21pm
Quoting heispark
So-so example:

Attachment
Not bad example:

Attached Image (click to enlarge)
Click to Enlarge Name: genesis-1.png Size: 64 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,600
  • Aug 20, 2012 10:25pm Aug 20, 2012 10:25pm
Quoting magdelen
WOW, went just where i wanted it to go, more luck than judgement though!!

Whew! I'm so glad it worked out well for you.

It was a classic 2b Vic reversal pattern that cannot be seen very well using this type of chart. The 2b Vic can be more easily seen with a standard Candle Chart, but with training the eye can still pick it up even with these types of charts.

I'm glad it worked out and I hope you took some much deserved profit.

Regards,
StealthTechnology
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