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Genesis Matrix Trading

  • #3,201
  • Aug 28, 2012 7:50am Aug 28, 2012 7:50am
Quoting realjumper
Finally....the bulls woke up again!! SL @ +45
These bulls are a bit tired it seems.....I closed at +49
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,202
  • Aug 28, 2012 7:59am Aug 28, 2012 7:59am
Quoting realjumper
These bulls are a bit tired it seems.....I closed at +49
You're really patient, I bailed ages ago..
  • #3,203
  • Aug 28, 2012 8:04am Aug 28, 2012 8:04am
Quoting Thoughts
You're really patient, I bailed ages ago..
As long as it held above R1 I was prepared to let it have some space to see what would happen after NY open. It doesn't seem to know whether to go up or down, so I'll pocket the 49. I took an EJ short earlier today so I'm not far off my target. Time for a coffee I think and maybe some zzzzzzzzzzzzz shortly
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,204
  • Aug 28, 2012 10:51am Aug 28, 2012 10:51am
my server is GMT +3 so positions are accepted due to market open hours momentum. hence 1 counter trend trade was also accepted.

the rest were all sma60 trades.

trade well everyone and more green pips to us all. can't believe we surpassed a low volume month in green!
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Challenger
  • #3,205
  • Aug 28, 2012 11:46am Aug 28, 2012 11:46am
Quoting minako
my server is GMT +3 so positions are accepted due to market open hours momentum. hence 1 counter trend trade was also accepted.

the rest were all sma60 trades.

trade well everyone and more green pips to us all. can't believe we surpassed a low volume month in green!
Hey minako,

took the same trades on eur/usd

cut the loss on the short quickly -10

+60 on the long trade

august is usually a crappy month to trade, given the low ATR on most pairs lately.

In retrospect taking that short was a bad move (right above S1), but I noticed that very often taking signal at market opening times pays off very well, so it's worth the risk.

I don't know if you have ever analyzed this, but do you think sma60 on 15M charts is worth anything to your trades in 5M in terms of an extra filter?
  • #3,206
  • Aug 28, 2012 12:20pm Aug 28, 2012 12:20pm
Quoting Jack Herer
Hey minako,

took the same trades on eur/usd

cut the loss on the short quickly -10

+60 on the long trade

august is usually a crappy month to trade, given the low ATR on most pairs lately.

In retrospect taking that short was a bad move (right above S1), but I noticed that very often taking signal at market opening times pays off very well, so it's worth the risk.

I don't know if you have ever analyzed this, but do you think sma60 on 15M charts is worth anything to your trades in 5M in terms of an extra filter?

Hi I want to just add my observation I am using SMA50 on M5 which act as SR level above SMA50 just buy, below SMA50 just sell for me good filter.
  • #3,207
  • Aug 28, 2012 2:10pm Aug 28, 2012 2:10pm
Quoting realjumper
I took this instead
Rj what made you not take the sell signal right before? or did u take it and then close it out and jump on the long?
  • #3,208
  • Aug 28, 2012 2:13pm Aug 28, 2012 2:13pm
Quoting SteeP7
Rj what made you not take the sell signal right before? or did u take it and then close it out and jump on the long?
Look at the position of the stoch and you will probably have your answer.
  • #3,209
  • Aug 28, 2012 3:16pm Aug 28, 2012 3:16pm
Quoting ohammond
Look at the position of the stoch and you will probably have your answer.
oh..
  • #3,210
  • Aug 28, 2012 4:40pm Aug 28, 2012 4:40pm
Quoting ohammond
Look at the position of the stoch and you will probably have your answer.
In the case of EJ is right the position of STOCH was not good, in the case instead of the EU position STOCH was good, but the trade has detected loser. E 'then went well with the long.

Hello and good night.
  • #3,211
  • Aug 28, 2012 5:30pm Aug 28, 2012 5:30pm
Quoting SteeP7
Rj what made you not take the sell signal right before? or did u take it and then close it out and jump on the long?
Well you can't see it on that screenshot because I didn't show it (sorry, my bad), but the daily pivot was right there at 1.2038, so if I took the short, I would have been shorting right on top of the daily pivot.....which is a no-no

So I waited to see if the PA smashed through the pivot or bounced off.....it bounced off and gave a nice trade.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,212
  • Aug 28, 2012 5:48pm Aug 28, 2012 5:48pm
Quoting Jack Herer
Hey minako,

took the same trades on eur/usd

cut the loss on the short quickly -10

+60 on the long trade

august is usually a crappy month to trade, given the low ATR on most pairs lately.

In retrospect taking that short was a bad move (right above S1), but I noticed that very often taking signal at market opening times pays off very well, so it's worth the risk.

I don't know if you have ever analyzed this, but do you think sma60 on 15M charts is worth anything to your trades in 5M in terms of an extra filter?
Hi Jack

I remember once reading a great post of yours on another thread some time ago regarding trading ethos. In the post you mentioned the benefits of plotting a LWMA60 and how it seems to act as S/R on a 5m chart. I would like to ask if you still find it relevant and do you continue to incorporate this in your trading strategy today.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #3,213
  • Edited 9:51pm Aug 28, 2012 9:04pm | Edited 9:51pm
Quoting Jack Herer
took the same trades on eur/usd.cut the loss on the short quickly -10.+60 on the long trade.august is usually a crappy month to trade, given the low ATR on most pairs lately.

In retrospect taking that short was a bad move (right above S1), but I noticed that very often taking signal at market opening times pays off very well, so it's worth the risk. sigh, can't win them all.
from my perspective at that time the trade was developing, it was a valid short M15 arrow, looking to the left valid M15 stochs, SMA60, big bear flag, rejection of S1, selling below DP..... it had every aspect of a winning trade! plus, the asian bear movement was strong! i was expecting a follow through during the european markets. but then genesis signaled the other way ->so i went with that too. we go where the money goes! LOL. just being honest

i would have cut loss at the crossing of SMA60 but instead i waited for a genesis signal to close above SMA60 before i cut loss on the short, because selling was a lesser risk

Quoting Jack Herer
I don't know if you have ever analyzed this, but do you think sma60 on 15M charts is worth anything to your trades in 5M in terms of an extra filter?
it has to be another SMA in M15. you can back test SMA50, shows promising performance too sticking to the recommended trading hours only. it should work well too on HIN/high impacting news cos the M15 candle is likely to have crossed and closed above/below SMA50 by the time the genesis signal completes. im just more fond of M5

Quoting dudele2
There never been a succesful EA, NEVER EVER JAMAIS NUNCA don't know why people continue to ask for such stupidity
i have a genesis EA to aid me in my multiple positioning. i paid to have it done so i can't share it. but it's guided, determined which pairs to run, when to run, and SMA60. we can't have it running alone by itself. there's still the human aspect.

"it's all about the handler" - someone once said.

wow - bernanke speaks on friday 10am EST.... hmmm so late..... to trade or not to trade mr b.
Challenger
  • #3,214
  • Aug 28, 2012 11:02pm Aug 28, 2012 11:02pm
[quote=minako;5965955]from my perspective at that time the trade was developing, it was a valid short M15 arrow, looking to the left valid M15 stochs, SMA60, big bear flag, rejection of S1, selling below DP..... it had every aspect of a winning trade! plus, the asian bear movement was strong! i was expecting a follow through during the european markets. but then genesis signaled the other way ->so i went with that too. we go where the money goes! LOL. just being honest


Minako,

Do you only enter your trades when you get a signal and PA on a particular side of the 60sma on 5min?
Any particular reason for using the 60sma specifically.

Thanks
  • #3,215
  • Aug 29, 2012 1:06am Aug 29, 2012 1:06am
Quoting mannai70
Do you only enter your trades when you get a signal and PA on a particular side of the 60sma on 5min?
Any particular reason for using the 60sma specifically.

Thanks
yeap, sell below SMA60 and buy above it in M5. taking advantage of the european/frankfurt/london and NY open market sessions of HIN. just the momentum. and i filter my pairs but i just can't let go of EU because it's the cheapest spread out there.

european/frankfurt/london can be tricky. like last week, there was a day when there where 4 consecutive valid signals so i got whacked 3x in a row. but i never stopped cos the last one (whether 2nd/3rd/4th) is always right even on a heavily ranging market.

and my daily target is only 40 although i hit around 80 so it's all good. but that's a noob's approach to the market. M15 stochs or arrow my be better for the seasoned ones.

SMA60 cos that's what i learned back in symph days since feb2012 that's works best for me. just 2 sets of trades daily
Challenger
  • #3,216
  • Aug 29, 2012 1:46am Aug 29, 2012 1:46am
dear genesis team , I think that's a good chance on AU H1. Is that correct or I make mistake ? thanks for your answer.
  • #3,217
  • Aug 29, 2012 2:03am Aug 29, 2012 2:03am
Quoting ronald_fsm
dear genesis team , I think that's a good chance on AU H1. Is that correct or I make mistake ? thanks for your answer.
just my thoughts. AU AC and EA in M5. AJ is too expensive even in commission-based.

but of course EU and EJ will always be part of the favorites.

there's a US GDP pre lim later so perhaps the market will be ranging til then, so i only have small targets. green pips to you!
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Challenger
  • #3,218
  • Aug 29, 2012 2:14am Aug 29, 2012 2:14am
the version of currency strength meter I use, how many of them out there...LOL
Attached Image
  • #3,219
  • Aug 29, 2012 2:29am Aug 29, 2012 2:29am
Hi,

Is anyone using genesis on 1H TF? If yes, what are the settings? I put it on a few 1H charts with default settings and found that the entries are a bit late. Any suggestions are highly appreciated. Thanks.
  • #3,220
  • Aug 29, 2012 2:35am Aug 29, 2012 2:35am
Quoting ivanisevic
Hi,

Is anyone using genesis on 1H TF? If yes, what are the settings? I put it on a few 1H charts with default settings and found that the entries are a bit late. Any suggestions are highly appreciated. Thanks.
There are no settings to change.

It would be really helpful if you could post charts, otherwise we are all just guessing and really I can't be bothered. Posting a chart is so much easier.
Doing what you like is Freedom. Liking what you do is Happiness.
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