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Genesis Matrix Trading

  • #3,101
  • Aug 24, 2012 9:28am Aug 24, 2012 9:28am
I used to hate stochastic indi, now with this setup I enjoy it. Thanks to RJ and everyone from the thread!

For tecknobyte template, like he said, if your computer is slow, make sure you have all indis necessary. I had the same trouble first, the indi at bottom was the cause. Since I didn't want to keep it, I just removed it.
  • #3,102
  • Aug 24, 2012 9:31am Aug 24, 2012 9:31am
Thanks RJ and have a good weekend!
Vandag is die dag.....
  • #3,103
  • Aug 24, 2012 9:34am Aug 24, 2012 9:34am
Quoting Leokira
Thanks RJ and have a good weekend!
You're welcome. To you and everyone, have a great weekend and I'll see you all back here next week
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,104
  • Aug 24, 2012 10:36am Aug 24, 2012 10:36am
Quoting Jack Herer
yes, this week was kinda difficult but still, I managed to get over 240+ pips on eur/usd alone.

Hello Jack,
Well done on a very impressive catch this week. Do you have a more patient exit strategy than exiting at pivots and s/r, or exiting on negative PA at pivots and s/r?
Thanks,
Kan

Thanks for your help, warmth and straight talking Heather.
  • #3,105
  • Aug 24, 2012 10:57am Aug 24, 2012 10:57am
Have a nice week end to everybody
  • #3,106
  • Aug 24, 2012 11:06am Aug 24, 2012 11:06am
Quoting realjumper
Hasn't been a "dramatic" improvement.....more like a gradual set of steps in the right direction. It started with a very good trader (acumen is his nick) who put me onto the virtues of pivots and the general way the markets move. Then I went to the Big E's thread here where I learned about HA candles, then onto Symphonie where lots came together but was hampered by repainting indicators......then we sorted some of that out and profits because more consistent. Finally some of us got togther and tested Xaphods ideas and Cody did some great work...

Hi RJ and the team

I'm quite a newbie to forex trading, although I've worked in equities for around a decade mostly on the fundamental side, using TA as a aid sporadically.

I only started reading threads in ForexFactory recently, and fortunately came across BigE's first (just by luck, the thread name sounded good), and then Genesis Matrix second (again by luck). Armed with these two, I tried to take brief looks at a few other systems but could no longer be interested (haha). Guess I'm drawn by systems that involve a complexity of thought in the design process, are simple to execute, yet does not try to overtake the responsiblity of the individual to understand PA and market structure and trade in alignment with it, and Genesis is just amazing. It is EXACTLY what I was looking for (albeit I wouldn't know how to create it).

So my question is, I feel the Genesis system is very well explained via the initial posts and the examples scattered through the thread from the team - Ohammond, Oli, Yalena, Cody etc (Big Thank You to ALL), but is there a need to go through Symphonie? Would that prove useful or confusing (as Genesis is not the same anima now), or just plain unnecessary?

Also, other than Babypips which I've gone through, are there other resources worth reading, or threads here that are helpful (doesn't have to be trading systems, could be other stuff). Basically, just stuff that have helped you greatly (I've read High Probability Trading also).


Thanks, and have a great weekend. Again, very appreciative of the efforts made into Genesis and in sharing it via this thread.
  • #3,107
  • Aug 24, 2012 11:17am Aug 24, 2012 11:17am
Quoting ttaro27
I used to hate stochastic indi, now with this setup I enjoy it. Thanks to RJ and everyone from the thread!

For tecknobyte template, like he said, if your computer is slow, make sure you have all indis necessary. I had the same trouble first, the indi at bottom was the cause. Since I didn't want to keep it, I just removed it.
yes one indi was missing (fm signal filter) so i have uploaded it on the original post ! That has caused PC slowdown ! Have a nice weekend!
pro4ex trading suite
  • #3,108
  • Aug 24, 2012 11:56am Aug 24, 2012 11:56am
[quote=RainyDay1;5957421]Hi RJ and the team

So my question is, are there other resources worth reading..............

Hi RainyDay

Welcome to a great(est) thread. I am not one of the team, but thoroughly enjoy this thread. The best bunch of guys and gals around i h m o.

Something I found worthwhile, unless you have done so already is found here: http://stockcharts.com/school/doku.p...tic_oscillator

As we are using the stochs to a great degree, you might find it useful.

Cheers

Pete

One more thing, I did not read or refer to the symphonie thread and did not find the teachings here hard to grasp.
  • #3,109
  • Aug 24, 2012 12:50pm Aug 24, 2012 12:50pm
Quoting RainyDay1
Hi RJ and the team

I'm quite a newbie to forex trading, although I've worked in equities for around a decade mostly on the fundamental side, using TA as a aid sporadically.

I only started reading threads in ForexFactory recently, and fortunately came across BigE's first (just by luck, the thread name sounded good), and then Genesis Matrix second (again by luck). Armed with these two, I tried to take brief looks at a few other systems but could no longer be interested (haha). Guess I'm drawn by systems that involve a complexity of thought in...
Welcome rainyday I don't think there is a need to go through the symphonie thread, because although the matrix was spawned bit by bit as we worked on the symphonie thread, apart from the cci trendline (2nd row of matrix) none of the other indicators are from that original system so I think it would slow down your learning curve.
  • #3,110
  • Aug 24, 2012 1:24pm Aug 24, 2012 1:24pm
Does anyone know a simulator that can handle renko candle or range bar ?

Thank you!
  • #3,111
  • Aug 24, 2012 2:24pm Aug 24, 2012 2:24pm
Quoting magdelen
Try this one RJ until you get yours registered it is in attachments under 1000mini- set both paramters to 50 and 50
Does anyone know how to use this indicator with brokers that have a suffix (ie; IBFX mini account that attaches "m" after pair designators: EURUSDm)
Any help would be much appreciated.
Thanks in advance;

rt500
David
  • #3,112
  • Aug 24, 2012 4:01pm Aug 24, 2012 4:01pm
Quoting ttaro27
Does anyone know a simulator that can handle renko candle or range bar ? Thank you!
I assume that you've already tried the LFH simulator posted on the first page?
If that one doesn't work, try the MT4i one: they also do an App that allows you to customize the TF (M3 charts anyone?) and it can handle tick chart so it might work with any Renko/Range bar/indicator...
http://www.mt4i.com/appstore/categor...ort=popularity
  • #3,113
  • Aug 24, 2012 4:16pm Aug 24, 2012 4:16pm
Quoting RainyDay1
Hi RJ and the team

I'm quite a newbie to forex trading, although I've worked in equities for around a decade mostly on the fundamental side, using TA as a aid sporadically.

I only started reading threads in ForexFactory recently, and fortunately came across BigE's first (just by luck, the thread name sounded good), and then Genesis Matrix second (again by luck).
I got some time to spend/write on forums right now as market closed

The only advise I woud give u (as you're new to forex) is to drop all those indicators from your charts. Don't waste 6 months or more trying to find something that works on forex.

I was using symphonie (the original system) since almost the begining, was coding a bunch of stuff for it and I have to admit now it is *totally* useless. Yes, it can give you more confidence in a trade once you're in profit but well, that's all.

If I would recommend something for u, is read this thread : http://www.forexfactory.com/showthread.php?t=345838.
PA is the key, really. Indicators are based in past data, Price Action just shows what is going to happen next. I'm not talking about complicated bunga-bunga guru style PA patterns (which is a bit hard to understand), just simple things ... really easy.

To summarize : 1. PA is the key, 2. Strict Money management rules is your gardian.

Cheers,
LhDT

PS : With all the respect I have for RJ, Ohammond, Eval or Yelena.
PPS : And yes, I'm still looking for "something" but I always get back to PA :-)
#### Follow me at @LioH_ on Twitter ... ####
  • #3,114
  • Aug 24, 2012 4:50pm Aug 24, 2012 4:50pm
Quoting tehnobyte
So the basic are:we trade fractal breakout + matrix and (if possible) color cci confirmation .
Hi Technobyte - thanks for the template and indis. I am not getting the ColorCCI to display - just a blank indicator box. Do I need any other indicators that it may be dependent on? Using metatrader 4 version 419.
  • #3,115
  • Aug 24, 2012 4:50pm Aug 24, 2012 4:50pm
Quoting lhDT
I got some time to spend/write on forums right now as market closed

The only advise I woud give u (as you're new to forex) is to drop all those indicators from your charts. Don't waste 6 months or more trying to find something that works on forex.

I was using symphonie (the original system) since almost the begining, was coding a bunch of stuff for it and I have to admit now it is *totally* useless. Yes, it can give you more confidence in a trade once you're in profit but well, that's all.

If I would recommend something for u, is read this...
Just wondering if you feel like that why you're no longer posting in that thread, but are posting in the SAFT system thread? Just a bit confused if thats all it takes to be successful.
  • #3,116
  • Aug 24, 2012 5:20pm Aug 24, 2012 5:20pm
Quoting ohammond
Just wondering if you feel like that why you're no longer posting in that thread, but are posting in the SAFT system thread? Just a bit confused if thats all it takes to be successful.
I know you would ask that. Saw my PPS ?
Here it is : "PPS : And yes, I'm still looking for "something" but I always get back to PA :-)"
#### Follow me at @LioH_ on Twitter ... ####
  • #3,117
  • Edited 7:27pm Aug 24, 2012 6:39pm | Edited 7:27pm
Quoting lhDT
I was using symphonie (the original system) since almost the begining, was coding a bunch of stuff for it and I have to admit now it is *totally* useless.
Two points here.
1) This is not Symphonie. If you'd like to post an opinion of Symphonie, there is a thread for that.
2) your opinion needs to add an additional clause: ", for me". The beauty (and the double-edged sword) of Forex trading is that there are many methods to choose from. Selecting the proper system that matches your own psychology is key. If this one matches your psyche, great! If it doesn't, that knowledge is valuable, too, and good luck in your search. Those of us using Genesis successfully find it quite useful.
--Cody
PS with all due respect for your contributions to Symphonie. Your contributions were significant, even if I didn't use some of them.
  • #3,118
  • Aug 24, 2012 7:05pm Aug 24, 2012 7:05pm
Quoting RainyDay1
Hi RJ and the team

I'm quite a newbie to forex trading, although I've worked in equities for around a decade mostly on the fundamental side, using TA as a aid sporadically.

I only started reading threads in ForexFactory recently, and fortunately came across BigE's first (just by luck, the thread name sounded good), and then Genesis Matrix second (again by luck). Armed with these two, I tried to take brief looks at a few other systems but could no longer be interested (haha). Guess I'm drawn by systems that involve a complexity of thought in...
Hi, and welcome on board. As you have some trading experience (equities) I think you will pick this up without a lot of difficulty. I too spent some time on Big E's thread and his original teachings were very interesting and you can see bits and pieces of that in the Genesis System, and also in the way I used to use Symphonie System. Big E was/is a nice guy and his thread was great......it got a bit cloudy when Big E got sick, but early on it was really good.

As Olivia said, going through the Symphonie System will just confuse you. It's inherent problem is the repainting of indicators, and scattered TA and predictions by various people that detract from the system. Some basic TA is good, but when it becomes predictions I get very upset because for every prediction that says the PA *will* go up, I'll produce another that says the reverse. The reality is is that *no one* knows where the PA is going next, which is why the professional analysts cover their bases by giving a myriad of reasons as to why the EU (for example) will go up to 'x' level, but, if the 'y' level below gets broken then the 'z' level below becomes a reality. It's all bullshit.......no one knows where the PA is going!!

So, what we needed was a robust and reliable system that reacts as early as possible to the markets movements reliably, without cause us too much whipsaw (or choppy-ness). The team has come up with the system and Genesis is it!!

For other reading material, I see you have done the babypips school and read High Probability trading.......that's all I have done too. I read another book that is now a downloadable PDF (free) and it is about the mental state, the emotional side of things. I can't for the life of me remember it's name but it will come to me and I'll find the PDF and post it. Many people have read it and speak highly of it.......I didn't like it at all, but many do.

I don't believe in reading too many other threads. In my time I have found that it is best to choose a thread/system and completely immerse yourself in that thread/system to get the best out of it. I see a lot of thread jumpers, and I was one of them, but it doesn't work. When you find something that you think suits you, immerse yourself in it and learn every tiny thing you can about it if you want to get good at it. It's like learning another language.....the best way to do is to go to that country and be totally immersed in it......the learning curve is so much quicker.

So read the thread, demo the system and enjoy
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,119
  • Aug 24, 2012 7:49pm Aug 24, 2012 7:49pm
Just remembered......lol.....I knew it would come to me. The book is called 'Trading in the Zone' and is attached.
Attached File(s)
File Type: pdf Trading_in_the_Zone.pdf   2.6 MB | 2,238 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,120
  • Aug 24, 2012 11:11pm Aug 24, 2012 11:11pm
Quoting realjumper
I don't believe in reading too many other threads. In my time I have found that it is best to choose a thread/system and completely immerse yourself in that thread/system to get the best out of it. I see a lot of thread jumpers, and I was one of them, but it doesn't work. When you find something that you think suits you, immerse yourself in it and learn every tiny thing you can about it if you want to get good at it. It's like learning another language.....the best way to do is to go to that country and be totally immersed in it......the learning...
I agree with your statement. many of people reads too many system/ strategy etc and finally got confused which system should they follow . Thanks for sharing your experience.
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