Hi,
Is this a valid long entry for NZDUSD?
Is this a valid long entry for NZDUSD?
Attached Image (click to enlarge)
- #4,082
- Edited 11:00am Sep 13, 2012 10:25am | Edited 11:00am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
Been lurking and learning for a week or so now.
Just wanted to thank the Genesis team - all you guys are awesome !!
Just placed my first gensis trade on GU +12pips !!
Sorry I cant post my charts, I still have a load of my old indicators on there still.
Will take me awhile to slowly get rid of most of them.
Entered arounf 40 minutes ago on full genesis signal and 5min arrows, 15M arrows appeared during trade.
I know there is probably more in this, but just wanted to bank my first genesis profits !!
Just wanted to thank the Genesis team - all you guys are awesome !!
Just placed my first gensis trade on GU +12pips !!
Sorry I cant post my charts, I still have a load of my old indicators on there still.
Will take me awhile to slowly get rid of most of them.
Entered arounf 40 minutes ago on full genesis signal and 5min arrows, 15M arrows appeared during trade.
I know there is probably more in this, but just wanted to bank my first genesis profits !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
Hi,
Is this a valid long entry for NZDUSD?
Why I would not enter that trade - According to your Screenshot the price is hovering around R1 no firm decision to what direction it wants to go. Two already reasonable up moves have already happen today. Price has touched daily high twice already today now it is third time.
It might turn out as a good signal but I think RJ would not call this as a firm and strong signal – but again I am not RJ
K.
- #4,084
- Sep 13, 2012 12:01pm Sep 13, 2012 12:01pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Well that was a decent stop loss sweep on eu, but not much else...... 
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,085
- Sep 13, 2012 12:13pm Sep 13, 2012 12:13pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,086
- Sep 13, 2012 12:25pm Sep 13, 2012 12:25pm
- | Joined Feb 2012 | Status: Don't let the bastards grind u down | 217 Posts
Well that was a decent stop loss sweep on eu, but not much else......
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
- #4,087
- Edited 1:21pm Sep 13, 2012 12:37pm | Edited 1:21pm
Lesson learnt from yesterday....Stay away and pick up when the dust has settled.
for scheduled news, dust-settling is 20-30 mins after the news release. PA will, if not often, go back 15-20pips from pre-news price.
in case of whipsaw switch to M15. the genesis M15 signal generated after the news is well-screened out from noise. SL will be the swing high/low of that M15 candle that spawned after the news or break of nearest pivot price (Support price for long and vice versa) if the distance is expensive.
even if you entered at 1.2949, the time i saw your post, i think it's a safe position. there is one clear target 1.3000 (sentiment driven + HIN). and it's not some HIN, it's FOMC.
squared position in EU @ 1.2993, expecting heavy rejection at 1.3000 (spread may widen again) = 83 pips. 1 loooooooong day. 1 trade. well-worth the wait.
green pips to you all!
Challenger
- #4,088
- Sep 13, 2012 5:28pm Sep 13, 2012 5:28pm
- | Joined Feb 2012 | Status: Don't let the bastards grind u down | 217 Posts
CADJPY maybe able to provide a decent retracement and cheap too. but keep an eye on EU.
for scheduled news, dust-settling is 20-30 mins after the news release. PA will, if not often, go back 15-20pips from pre-news price.
in case of whipsaw switch to M15. the genesis M15 signal generated after the news is well-screened out from noise. SL will be the swing high/low of that M15 candle that spawned after the news or break of nearest pivot price (Support price for long and vice versa) if the distance is expensive.
even if you entered at...
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
- #4,089
- Sep 13, 2012 7:54pm Sep 13, 2012 7:54pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,090
- Sep 13, 2012 8:40pm Sep 13, 2012 8:40pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
"Pressure makes diamonds"
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,091
- Edited 9:44pm Sep 13, 2012 9:32pm | Edited 9:44pm
the FOMC was executed in live account while the GCC (first time to encounter) was in demo.
i always do this set up esp if i'm expecting a whipsaw and like Yelena, i disregard everything except the genesis signal relying on sheer sentiment and momentum (although M15 seems to be always in perfect position)
Set-up:
1. TF M15 (you get to avoid those wide spreads)
2. the M15 genesis signal must spawn on the M15 candle at news time or right after the HIN.
3. TP pivot price or
round number that is bearing sentiment. mr krugger (http://www.jkonfx.com/) always gets the sentiment price correct, but not when to enter (sorry jon. anyway, you look like prince william) of course if TP is not met, exit when PA signals an exit
when does one enter? on a compelling HIN + genesis signal. compelling = interest rate, NFP, FOMC, speeches by central bank heads, large
buying/selling of a large private/public entity, china news...
4. SL on the bottom (for long positions)/ top (for short positions) of the M15 candle that spawned the news or a proximic pivot price where price is expected to bounce off in the event that top/bottom is too expensive.
i have many screenshots of such trades, but these ones are of recent memory and you can still feel the joy/frustration as you watched the price whipsaw like hell. and you can differentiate why on one trade a pivot price was used as TP and round number on the other.
on regular HIN, like GDP, unemployment, CPI, trade balance/deficit, ISM, etc. ..... M5 genesis signal before, or even right at news time is as good as it gets
i hope you can benefit from my experience. Yelena is a huge influence in the successes of my trades (and when not to force a trade). many days, i think she's mad. why M15 on a whipsawing HIN? who the hell would even consider 1.3000 as a TP during FOMC?! but she did and i'm glad i listened. although she doesn't post as much as she used to, hopefully, i can correctly echo what she shares with me.
i always do this set up esp if i'm expecting a whipsaw and like Yelena, i disregard everything except the genesis signal relying on sheer sentiment and momentum (although M15 seems to be always in perfect position)
Set-up:
1. TF M15 (you get to avoid those wide spreads)
2. the M15 genesis signal must spawn on the M15 candle at news time or right after the HIN.
3. TP pivot price or
round number that is bearing sentiment. mr krugger (http://www.jkonfx.com/) always gets the sentiment price correct, but not when to enter (sorry jon. anyway, you look like prince william
) of course if TP is not met, exit when PA signals an exit when does one enter? on a compelling HIN + genesis signal. compelling = interest rate, NFP, FOMC, speeches by central bank heads, large
buying/selling of a large private/public entity, china news...
4. SL on the bottom (for long positions)/ top (for short positions) of the M15 candle that spawned the news or a proximic pivot price where price is expected to bounce off in the event that top/bottom is too expensive.
i have many screenshots of such trades, but these ones are of recent memory and you can still feel the joy/frustration as you watched the price whipsaw like hell. and you can differentiate why on one trade a pivot price was used as TP and round number on the other.
on regular HIN, like GDP, unemployment, CPI, trade balance/deficit, ISM, etc. ..... M5 genesis signal before, or even right at news time is as good as it gets
i hope you can benefit from my experience. Yelena is a huge influence in the successes of my trades (and when not to force a trade). many days, i think she's mad. why M15 on a whipsawing HIN? who the hell would even consider 1.3000 as a TP during FOMC?! but she did and i'm glad i listened. although she doesn't post as much as she used to, hopefully, i can correctly echo what she shares with me.
Challenger
- #4,092
- Sep 13, 2012 10:48pm Sep 13, 2012 10:48pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
I don't generally trade the Tokyo session, but sometimes when Tokyo gets the first 'look' at the market after a big event (FOMC) there is some movement that's worth a trade. A quick +20 is what we have here, and that's a bonus for me because like I say, I don't normally trade this session.
Now.......time for coffee.....
Now.......time for coffee.....
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,093
- Sep 13, 2012 11:07pm Sep 13, 2012 11:07pm
I don't generally trade the Tokyo session, but sometimes when Tokyo gets the first 'look' at the market after a big event (FOMC) there is some movement that's worth a trade. A quick +20 is what we have here, and that's a bonus for me because like I say, I don't normally trade this session.
Now.......time for coffee.....
- #4,094
- Sep 13, 2012 11:10pm Sep 13, 2012 11:10pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
You're really nailing that EA pair almost day after day
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,095
- Sep 14, 2012 2:15am Sep 14, 2012 2:15am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,097
- Sep 14, 2012 4:07am Sep 14, 2012 4:07am
Hi everybody,
I trade since 2009. I think I can say that I have tested many systems already. At first I tried my luck with EA's. But i failed. Since I trade Forex only manually.
This Startegie presented from real jumper is an System off simplicity and clarity! Since I work 12 hours on the night shift, I use it now for 4 hours trading. Of course, without any adjustment! Attached are some pictures of a few trading. Thank you so much for this system
YES WE CAN ... all have green Pips
Best Regards from Germany
I trade since 2009. I think I can say that I have tested many systems already. At first I tried my luck with EA's. But i failed. Since I trade Forex only manually.
This Startegie presented from real jumper is an System off simplicity and clarity! Since I work 12 hours on the night shift, I use it now for 4 hours trading. Of course, without any adjustment! Attached are some pictures of a few trading. Thank you so much for this system
YES WE CAN ... all have green Pips
Best Regards from Germany
- #4,098
- Sep 14, 2012 4:15am Sep 14, 2012 4:15am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Hi everybody,
I trade since 2009. I think I can say that I have tested many systems already. At first I tried my luck with EA's. But i failed. Since I trade Forex only manually.
This Startegie presented from real jumper is an System off simplicity and clarity! Since I work 12 hours on the night shift, I use it now for 4 hours trading. Of course, without any adjustment! Attached are some pictures of a few trading. Thank you so much for this system
YES WE CAN ... all have green Pips
Best Regards from Germany
Did you know that Brett Lee was/is an Australian cricketer of some considerable talent?
Doing what you like is Freedom. Liking what you do is Happiness.
- #4,099
- Sep 14, 2012 4:20am Sep 14, 2012 4:20am
No, I did not know. There are coincidences ...
Of course, I want to thank also to all the programmers and distributors who have made this system.
This is a great achievement by all of you
Thank you so much
P.S. bretlee is my nickname in reallive
Of course, I want to thank also to all the programmers and distributors who have made this system.
This is a great achievement by all of you
Thank you so much
P.S. bretlee is my nickname in reallive
- #4,100
- Sep 14, 2012 4:37am Sep 14, 2012 4:37am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.