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Genesis Matrix Trading

  • #2,721
  • Aug 21, 2012 10:54am Aug 21, 2012 10:54am
Quoting DmitryFX
I was confused when saw very narrow range between borders of ATR projections.
But finnaly I have found the reason.
The borders moves in accordance with Price movement, without fixing.
So, need to keep in mind this bug!
Attachment
It's not a bug Dmitry.
First page link by Olivia explains it all (yes I know, I asked earlier too before going to the first page lol)
http://www.forexfactory.com/showthre...69#post5844069
  • #2,722
  • Aug 21, 2012 11:08am Aug 21, 2012 11:08am
Quoting olivierforex
It's not a bug Dmitry.
First page link by Olivia explains it all (yes I know, I asked earlier too before going to the first page lol)
http://www.forexfactory.com/showthre...69#post5844069
For me its bug because ATRs levels should be fixed like below:
Attached Image (click to enlarge)
Click to Enlarge Name: lfl atr vs original.gif Size: 17 KB
Everything is possible!!! Step by Step...
  • #2,723
  • Aug 21, 2012 11:13am Aug 21, 2012 11:13am
Quoting ohammond
... I'm glad that you know how to trade them properly, but really, if you do....you would not be on this thread.

I did not come to this thread to learn how to trade. I came to this thread to open your eyes as to why many of these trades are not working as expected and to offer you the reason behind their not working as expected, but obviously such knowledge and information is of no use to traders like yourself.

If you wish to keep tossing good money after bad, not really understanding why you are entering a position in the first place, not understanding the source and origin of the market moves that keep beguiling you with this method (or, any other method for that matter), then that is completely your decision.

Now, I said I was not going to post here anymore, so please allow me the ability to gracefully exit this thread gracefully by simply not responding.
  • #2,724
  • Aug 21, 2012 11:36am Aug 21, 2012 11:36am
Quoting DmitryFX
For me its bug because ATRs levels should be fixed like below
1 side of ATR is fixed and when it is reached the other side starts to move up towards it to show you how far the possible retracement will/can be
  • #2,725
  • Aug 21, 2012 11:48am Aug 21, 2012 11:48am
Quoting StealthTech
I did not come to this thread to learn how to trade. I came to this thread to open your eyes as to why many of these trades are not working as expected and to offer you the reason behind their not working as expected, but obviously such knowledge and information is of no use to traders like yourself.

If you wish to keep tossing good money after bad, not really understanding why you are entering a position in the first place, not understanding the source and origin of the market moves that keep beguiling you with this method (or, any other method...
If you have that much to offer, you should start your own thread and explain with charts about the Standard and Non-Standard Harmonic Ratios, the Harmonics + 2B Vic, the Harmonic Sequences and Harmonic Cycles, the Fibonacci Confluence Zones...
I for one will follow it as I always like to learn new stuff.
Cheers.
Oli
  • #2,726
  • Aug 21, 2012 12:21pm Aug 21, 2012 12:21pm
what have i done wrong?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2012_08_21__16_27 sell.gif Size: 40 KB
  • #2,727
  • Aug 21, 2012 12:37pm Aug 21, 2012 12:37pm
Quoting StealthTech
I did not come to this thread to learn how to trade. I came to this thread to open your eyes..
1. Olivia whom you casually dismiss is one of the best traders on this thread StealthTech.

2. What youre suggesting is not obvious (to say it nicely); as far as I know TA does not make the market do what it does..thats in the realm of Fundamental Analysis and News.

3. If indeed you have a generous heart then why berate those you say you wish to assist? If there is something worthwhile youve got to contribute, make your arguments..that will be enough.
  • #2,728
  • Aug 21, 2012 12:41pm Aug 21, 2012 12:41pm
Quoting StealthTech
I came to this thread to open your eyes as to why many of these trades are not working as expected and to offer you the reason behind their not working as expected
It seems to me a lot of the people that trade this system makes more pips than they loose. Some even seems to make FAR more than they loose. At least experienced traders that are not brand new to the system does, according to them self. And it also seems like they make consistent profit. So from the look of it the conclusion is that if you have some experience trading in general and also get to know this system it is possible to make nice consistent profit. That means making few and small losers.
That is if the people posting in the thread is telling the truth of course....?

So what you are saying is that doing it your way the few and small losers will be even smaller and even less often if listening to your advice? That will be close to a no loss system.
Do you really believe that yourself?

Arctic4x
  • #2,729
  • Aug 21, 2012 12:43pm Aug 21, 2012 12:43pm
Quoting olivierforex
Thanks Cody, who needs glasses when you can just look at the code. I can't look at mine as it doesn't want to let me!
How hard would it be to code in the input tab the ability to get the 2 opposite bars to start moving at 100% instead of 80% and have the choice or possibility for both (ie 2 bars would start moving at 80% and 2 others at 100%)?
I don't know. I have a decompiled version of the ex4 file as the source code, so the variable names are all gibberish to humans, but meaningful to the compiler. I can figure out some things from that, like the answer to your question, but making modifications to it hasn't made it to my bucket list yet. Maybe if it rains for the next 39 days or so....
  • #2,730
  • Aug 21, 2012 1:00pm Aug 21, 2012 1:00pm
Quoting Arctic4x
It seems to me a lot of the people that trade this system makes more pips than they loose. Some even seems to make FAR more than they loose. At least experienced traders that are not brand new to the system does, according to them self. And it also seems like they make consistent profit. So from the look of it the conclusion is that if you have some experience trading in general and also get to know this system it is possible to make nice consistent profit. That means making few and small losers.
That is if the people posting in the thread is telling...
You can make money with this system, the name of the game is to cut your losses fast and try to ride the winners. I traded AUD/USD 2 times already today and both trades failed -4 and -1, Now look at the 3rd time> Im +8 so far
Attached Image (click to enlarge)
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Look at something long enough, you will eventually get it.
  • #2,731
  • Aug 21, 2012 1:02pm Aug 21, 2012 1:02pm
Quoting traco1
You can make money with this system, the name of the game is to cut your losses fast and try to ride the winners. I traded AUD/USD 2 times already today and both trades failed -4 and -1, Now look at the 3rd time> Im +8 so far
If I close the trade now I will still be up, but momentum to the downside looks strong. You are not going to win everytrade.
Look at something long enough, you will eventually get it.
  • #2,732
  • Aug 21, 2012 1:05pm Aug 21, 2012 1:05pm
Quoting traco1
If I close the trade now I will still be up, but momentum to the downside looks strong. You are not going to win everytrade.
Reason for trade, strong ADX to the downside and breakout of price on 1 hour
Look at something long enough, you will eventually get it.
  • #2,733
  • Aug 21, 2012 1:07pm Aug 21, 2012 1:07pm
Quoting traco1
Reason for trade, strong ADX to the downside and breakout of price on 1 hour
Forgot to attach pic
Attached Image
Look at something long enough, you will eventually get it.
  • #2,734
  • Aug 21, 2012 1:09pm Aug 21, 2012 1:09pm
You can have 6 lossers and 1 winner and still come out on top.
Look at something long enough, you will eventually get it.
  • #2,735
  • Aug 21, 2012 1:13pm Aug 21, 2012 1:13pm
Quoting traco1
Reason for trade, strong ADX to the downside and breakout of price on 1 hour
ofcourse with the genesis signal
Look at something long enough, you will eventually get it.
  • #2,736
  • Aug 21, 2012 1:24pm Aug 21, 2012 1:24pm
Quoting DmitryFX
For me its bug because ATRs levels should be fixed like below:
Attachment
Once price has moved a certain amount, past the 80% mark of the ATR, the chances of any reversal reaching right back to the original lines on the other side are so remote (barring any extreme news) that its not worth having them there. Watch how the indicator works and then watch how many times price will just reach the moved up/down ATR lines on any reversal.
  • #2,737
  • Aug 21, 2012 1:30pm Aug 21, 2012 1:30pm
Quoting StealthTech
I did not come to this thread to learn how to trade. I came to this thread to open your eyes as to why many of these trades are not working as expected and to offer you the reason behind their not working as expected, but obviously such knowledge and information is of no use to traders like yourself.

If you wish to keep tossing good money after bad, not really understanding why you are entering a position in the first place, not understanding the source and origin of the market moves that keep beguiling you with this method (or, any other method...
I'm sorry but if you think I am going to let that arrogance go without at least an answer you are very much mistaken. I (and many of us here) don't have trades that keep going wrong.... we don't keep throwing good money after bad....we have been doing just fine without your "help" thank you very much. So please, feel free to start your own thread, or go save another thread which does need your help.
  • #2,738
  • Aug 21, 2012 1:46pm Aug 21, 2012 1:46pm
Quoting ProfNuke
what have i done wrong?
Hmm, I see only 1 trade of the DAX..

I wouldnt fault your entry, it was OK; but I'd say you were really messed about by some news..I've not looked up what news exactly..but the volume and your spreads are speaking to me. There seems to be a part of the rules left out though; that is, place the stop loss at the swing hi/low. It wouldve stopped you out, limiting your losses.

I dont think it wouldve made any difference in this case; but I personally wouldnt advise carrying a previously open position into a news release.
  • #2,739
  • Aug 21, 2012 1:46pm Aug 21, 2012 1:46pm
+16 SL in at entry
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-08-21_14-44.jpg Size: 76 KB
Look at something long enough, you will eventually get it.
  • #2,740
  • Aug 21, 2012 1:52pm Aug 21, 2012 1:52pm
Quoting effluvium
Hi Traco1, I see that you have different arrows with different colors in your charts, and some of them are represented by 3 symbols. Could you explain which indicator are you using (apart arrow.mq4) ?

Could you explain briefly how do you consider these arrow in your trading decision ? Is it just confirmation for the alignment of the 4 red/blue boxes in the matrix ? Do they appear at the same moment of the alignment ?

Thanks
Regards to PM-This is how it looks
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-08-21_14-50.jpg Size: 172 KB
Look at something long enough, you will eventually get it.
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