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Genesis Matrix Trading

  • #2,621
  • Aug 21, 2012 12:41am Aug 21, 2012 12:41am
Quoting makron
Morning EJ trade. Yuuupiii

Great way to start the day, no?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,622
  • Aug 21, 2012 12:45am Aug 21, 2012 12:45am
Quoting Jandre
Unfortunately I missed this Bull run, oh well there is always another trade!
I took it with demo. + 25 pips fixed.
Everything is possible!!! Step by Step...
  • #2,623
  • Aug 21, 2012 1:33am Aug 21, 2012 1:33am
Quoting yelena
yeap, for Franky, no EA. you posted the charts that looks the same as EJ anyway. excellent work. but finish college first.
Hi Yelena,
Sorry noob question.What EA mean? Expert Advisor?
  • #2,624
  • Aug 21, 2012 1:36am Aug 21, 2012 1:36am
For anyone still in EU EY CY or UC, S2/R2 & 80% ATR all at the current levels (2410, 9863, 8211, 9676), have a tight Trailing Stop or TP here and don't be too greedy lol as it's a great start to the day...

For Hubby7: UC = UsdChf, that's EurUsd's inverse cousin (nearly exactly the same chart/signals but upside down)

A quick thought: some people call EurJpy EY and some call it EJ, same with ChfJpy, either CY or CJ....shall we stick with one notation to keep it easy on the eye or are people not bothered by it (i don't have a preference and i#m happy to go with the majority - mainly thinking about the new(er) traders)?
  • #2,625
  • Aug 21, 2012 1:43am Aug 21, 2012 1:43am
Quoting Jandre
Unfortunately I missed this Bull run, oh well there is always another trade!
I missed too. But what about the respect of the DP? Please Let me know. Thanx
  • #2,626
  • Aug 21, 2012 1:44am Aug 21, 2012 1:44am
Quoting yelena
euraud =ea :d
cj = chfjpy
ej = eurjpy
eu = eurusd
au = audusd
Thanks
  • #2,627
  • Aug 21, 2012 1:49am Aug 21, 2012 1:49am
Quoting olivierforex
For anyone still in EU EY CY or UC, S2/R2 & 80% ATR all at the current levels (2410, 9863, 8211, 9676), have a tight Trailing Stop or TP here and don't be too greedy lol as it's a great start to the day...

For Hubby7: UC = UsdChf, that's EurUsd's inverse cousin (nearly exactly the same chart/signals but upside down)

A quick thought: some people call EurJpy EY and some call it EJ, same with ChfJpy, either CY or CJ....shall we stick with one notation to keep it easy on the eye or are people not bothered by it (i don't have a preference...
Nice post Oli......My broker and every broker that I know of names the pairs by the location, not the name of the currency

The Yen crosses are named that way (EJ, UJ, CJ etc etc) and I think that is the correct and accepted naming convention.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,628
  • Aug 21, 2012 1:54am Aug 21, 2012 1:54am
possible good EU and EJ sell coming up? Or is it best to go with the main trend here.

Edit: never mind, I'm now thinking it may continue up soon, if it breaks the r2
Pursuit of happiness
  • #2,629
  • Aug 21, 2012 1:56am Aug 21, 2012 1:56am
no alteration ATR?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 154 KB
  • #2,630
  • Aug 21, 2012 2:00am Aug 21, 2012 2:00am
Quoting Poh
possible good EU and EJ sell coming up? Or is it best to go with the main trend here.

Edit: never mind, I'm now thinking it may continue up soon, if it breaks the r2
I'm certainly not considering selling into such a strong bull run without some VERY good reason.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,631
  • Aug 21, 2012 2:02am Aug 21, 2012 2:02am
Quoting yelena
what do you mean about DP?

isn't it a classic text book example of buying above DP? oh come on!

what more could you possibly be looking for? if you can't figure it out, then you must go back to basics=> babypips.com, not here
Should have slapped my mouse finger @R2 for EJ trade
  • #2,632
  • Aug 21, 2012 2:05am Aug 21, 2012 2:05am
Quoting frontline141
sigh........... start with a failed this week
My question was related to the message I quote right now, and to the discussion followed regarding the respect of the rules and the DP.

Today the situation is similar, the entry point was not crossing the pivot but was just 5/6 pips behind. Excuseme but for me is not so clear.
  • #2,633
  • Aug 21, 2012 2:05am Aug 21, 2012 2:05am
Quoting vamtop
I missed too. But what about the respect of the DP? Please Let me know. Thanx
correct to ask: eu was only 10 pips from r1, ej and cj only 3 pips from dp....some days you take trades like these and people will tell you you're crazy to go long in front of resistence lol.....
if i understand well, yelena and some don't care about pivots for entry if they have 3-4 pairs giving signals at same time but i think rj doesn't trade like that he respects pivots?
  • #2,634
  • Aug 21, 2012 2:08am Aug 21, 2012 2:08am
Quoting realjumper
Nice post Oli......My broker and every broker that I know of names the pairs by the location, not the name of the currency

The Yen crosses are named that way (EJ, UJ, CJ etc etc) and I think that is the correct and accepted naming convention.
Cool, I'll amend my notations so as not to create any more confusion...
  • #2,635
  • Aug 21, 2012 2:10am Aug 21, 2012 2:10am
Quoting yelena
what do you mean about DP?

isn't it a classic text book example of buying above DP? oh come on!

what more could you possibly be looking for? if you can't figure it out, then you must go back to basics=> babypips.com, not here
On his image he bought just below the DP. However, with a small divergence showing on M15 and a very small stop loss along with the fact it had already broken closed above it during Asia I took the chance as well.
  • #2,636
  • Aug 21, 2012 2:11am Aug 21, 2012 2:11am
Quoting vamtop
My question was related to the message I quote right now, and to the discussion followed regarding the respect of the rules and the DP.

Today the situation is similar, the entry point was not crossing the pivot but was just 5/6 pips behind. Excuseme but for me is not so clear.
Please.....instead of trying to describe what you see/saw, can you just post your chart so we can see what your saying??
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,637
  • Aug 21, 2012 2:14am Aug 21, 2012 2:14am
Quoting hubby7
Should have slapped my mouse finger @R2 for EJ trade
there was a pin bar even before reaching R2. it was a reasonable exit followed by a confirmation bar. and there's no news today just us. in many respect, it was good call to exit. tomorrow is FOMC day. but there's already a consensus that the fed will not be doing anything different. try not to against the rallies. trade well.
  • #2,638
  • Aug 21, 2012 2:17am Aug 21, 2012 2:17am
Quoting yelena
there was a pin bar even before reaching R2. it was a reasonable exit followed by a confirmation bar. and there's no news today just us. in many respect, it was good call to exit. tomorrow is FOMC day. but there's already a consensus that the fed will not be doing anything different. try not to against the rallies. trade well.
Tomorrow's not a Fed's day: just the minutes from the early August's meeting (unlikely to say anything different from the statement issued that day)
  • #2,639
  • Aug 21, 2012 2:19am Aug 21, 2012 2:19am
Quoting yelena
what do you mean about DP?

isn't it a classic text book example of buying above DP? oh come on!

what more could you possibly be looking for? if you can't figure it out, then you must go back to basics=> babypips.com, not here
I'm sorry, and I'm not used to answer to this message. I have been in the market for almost 10 years and I'm still here because I'm continuing to respect my fist rule. RESPECT THE RULEs . My question wasn't addressed to you but to all the guys of the forum just to a better understandings of the Genesis Matix rules. I'm following this forum from the beginning and I apperciate the work of all the group especially of Real Jumper but I disagree when a request of clarifications is replied in this way.
  • #2,640
  • Aug 21, 2012 2:23am Aug 21, 2012 2:23am
Quoting vamtop
My question was related to the message I quote right now, and to the discussion followed regarding the respect of the rules and the DP.

Today the situation is similar, the entry point was not crossing the pivot but was just 5/6 pips behind. Excuseme but for me is not so clear.

i apologize. my fault. i thought you were referring to today's trades.
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