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Genesis Matrix Trading

  • #2,681
  • Aug 21, 2012 5:50am Aug 21, 2012 5:50am
Quoting ForexNerds
Thank you so much everyone (Olivia, Yelena, RJ, Cody, Xaphod) for sharing your knowledge and this wonderful system with us. Yelena, I love your posts although I read only quoted versions and they are super educative (I mostly miss your posts in the real time) . Therefore, I am kindly asking you not to delete them.

I was wondering whether there was perhaps an "MTF Arrow" indicator posted in this thread? I would like to display the arrow from different time frames on the same chart. I apologize if this was already mentioned, but I was monitoring...
Yes there is an MTF arrow posted here, however, the team is currently testing the MTF arrow and it's best application to the system, and we are still about 3 weeks away from concluding the tests, so we won't be answering too many questions on it at this stage. When the tests are complete, we will explain everything to to the whole thread
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,682
  • Aug 21, 2012 5:52am Aug 21, 2012 5:52am
Quoting futurespeter
Yes, if you waited for the Martix to signal an entry you would have still made a profit, but a bit less of a profit.

A bit less profit? I don't know what's "a bit less" for you. Look at the attached candlesticks bar chart because the Heikin Ashi Charts prettify the picture of the charts.
Your point is?????
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,683
  • Aug 21, 2012 5:54am Aug 21, 2012 5:54am
Thank you Capstone and RealJumper for your prompt reply. I will undertake testings as well. Indeed, it took me a while to sign-up, Capstone, but I have been around for quite a while, sending positive thoughts to all of you great traders willing to share your knowledge! Thanks for the tip!
  • #2,684
  • Aug 21, 2012 5:59am Aug 21, 2012 5:59am
Quoting futurespeter
Yes, if you waited for the Martix to signal an entry you would have still made a profit, but a bit less of a profit.

A bit less profit? I don't know what's "a bit less" for you. Look at the attached candlesticks bar chart because the Heikin Ashi Charts prettify the picture of the charts.
There were many reasons to eanter that trade earlier and right after the retest. The most obvious being that resistance and become support. Remove the "DPV" form that line and you will see what I mean. It seems you are to caught up in the indicators and not focused on price. You trade price, not pivots and Genesis. They only confirm what price is telling you. Learn the candlestick patterns and what the different sticks mean first. try this for starters: http://www.candlecharts.com/candlest...-glossary.html Then read one of Steve Nison's books. Then move onto patterns. Then you will see how cool Genesis is as an indicator and how much easier it makes trading multiple pairs.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #2,685
  • Aug 21, 2012 6:09am Aug 21, 2012 6:09am
Quoting realjumper
I'm certainly not considering selling into such a strong bull run without some VERY good reason.
Hope to hit my TP first before it reverse(if any)
Attached Image (click to enlarge)
Click to Enlarge Name: re-entry.gif Size: 23 KB
  • #2,686
  • Aug 21, 2012 6:16am Aug 21, 2012 6:16am
Quoting capstone
There were many reasons to eanter that trade earlier and right after the retest. The most obvious being that resistance and become support. Remove the "DPV" form that line and you will see what I mean. It seems you are to caught up in the indicators and not focused on price. You trade price, not pivots and Genesis. They only confirm what price is telling you. Learn the candlestick patterns and what the different sticks mean first. try this for starters: http://www.candlecharts.com/candlest...-glossary.html Then read one of...
Then read this book, this will change your trading. Its expensive but worth the money.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-08-21_07-13.jpg Size: 76 KB
Look at something long enough, you will eventually get it.
  • #2,687
  • Aug 21, 2012 6:23am Aug 21, 2012 6:23am
Quoting traco1
getting a little something.
-4 I bailed
Look at something long enough, you will eventually get it.
  • #2,688
  • Aug 21, 2012 6:28am Aug 21, 2012 6:28am
Can I post the PDF in here RJ?
  • #2,689
  • Aug 21, 2012 6:36am Aug 21, 2012 6:36am
Quoting olivierforex
Can I post the PDF in here RJ?
You have a PM
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,690
  • Aug 21, 2012 7:05am Aug 21, 2012 7:05am
Here it is...
Attached File(s)
File Type: pdf ADXcellence.pdf   3.4 MB | 8,110 downloads
  • #2,691
  • Aug 21, 2012 7:08am Aug 21, 2012 7:08am
Quoting olivierforex
Here it is...
WoW thats a great summary, you guys are lucky
Look at something long enough, you will eventually get it.
  • #2,692
  • Aug 21, 2012 7:08am Aug 21, 2012 7:08am
Quoting olivierforex
Here it is...
Thank you, Oli.
  • #2,693
  • Aug 21, 2012 7:12am Aug 21, 2012 7:12am
Quoting hubby7
Hope to hit my TP first before it reverse(if any)
Close manually total 23pips
hope green pips for everybody
  • #2,694
  • Aug 21, 2012 7:18am Aug 21, 2012 7:18am
Quoting hubby7
Close manually total 23pips
hope green pips for everybody
Yep.....a nice green day
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,695
  • Aug 21, 2012 7:33am Aug 21, 2012 7:33am
This not a prediction, because I don't know what's going to happen next!!

This is the H4 chart and you can see the H4 trendline (in red). See also the 61.8 fib and how it has twice before stopped the pa advancing.

Just something to bear in mind
Attached Image (click to enlarge)
Click to Enlarge Name: euh4.jpg Size: 147 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,696
  • Aug 21, 2012 7:42am Aug 21, 2012 7:42am
that got me a bit worried and it hit r3 and it's bed time for me. Closed for 29 pips profit
Pursuit of happiness
  • #2,697
  • Aug 21, 2012 7:46am Aug 21, 2012 7:46am
Quoting Poh
that got me a bit worried and it hit r3 and it's bed time for me. Closed for 29 pips profit
The bulls are strong today!! Nice trade there Poh
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,698
  • Aug 21, 2012 7:58am Aug 21, 2012 7:58am
Traco, when I read your post it reminded me that the ADX that comes as standard with MT4 is not accurate compared to the original Wilder's calculations.
From memory I think that ADX 28 MT4 = ADX 14 Wilder (ie, the input needs to be twice as big). He thinks so too...
http://www.forexfactory.com/showthre...79#post5879879
Look online there is plenty about it.
Don't quote me on that as I haven't used it for a while but I believe that's the correct version (set to 14)
Attached File(s)
File Type: mq4 Wilder's DMI.mq4   4 KB | 508 downloads
  • #2,699
  • Aug 21, 2012 8:00am Aug 21, 2012 8:00am
Quoting realjumper
The bulls are strong today!! Nice trade there Poh
This is a herd of angry bulls ..............................
  • #2,700
  • Aug 21, 2012 8:16am Aug 21, 2012 8:16am
Quoting matrix8756
this is a herd of angry bulls ..............................
but with low volume. Pay attention
Attached Image (click to enlarge)
Click to Enlarge Name: JPY Spot.png Size: 17 KB
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