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Genesis Matrix Trading

  • #4,221
  • Sep 18, 2012 3:06am Sep 18, 2012 3:06am
[quote=Art Fx;6020731]
Quoting realjumper
I thought you said : "i have gone through this thread"....... if that was true, you'd know[/QUOTE

It was true boss... may be i had missed that post about trading times... can you please tell me now?
How about you go and read Post #2......while you're there, read Post #1.....then try reading the rest of the thread.....properly.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,222
  • Sep 18, 2012 3:07am Sep 18, 2012 3:07am
[quote=Art Fx;6020731]
Quoting realjumper
I thought you said : "i have gone through this thread"....... if that was true, you'd know[/QUOTE

It was true boss... may be i had missed that post about trading times... can you please tell me now?
Post #2 on the First page

Edit: Damn, I'm too slow
  • #4,223
  • Sep 18, 2012 3:08am Sep 18, 2012 3:08am
Quoting olivierforex
Nothing wrong with the core Genesis entry on that trade but:
.PA action again: entry at 6245 with recent resistance just above @6250 x2 and @6256. Yes it could have gone through resistance (we didn't know at the time) but that was at least a sign to tighten SL or exit if we didn't punch through properly.
.as you have it on your chart, the M15 Arrow was Short at the time (again, not necessarely a no-trade but a sign to be more careful and that it's not a high probability trade).

Not part of Genesis: the M30 & H1 Arrows...
My broker, Alpari NZ, MT4
  • #4,224
  • Sep 18, 2012 3:10am Sep 18, 2012 3:10am
And one more I use second signal, when London is opened.


It`s no problem all ways we can catch loss, before I take 3 signal EJ,CJ,EU and they was in profit
  • #4,225
  • Sep 18, 2012 3:11am Sep 18, 2012 3:11am
Hello,

Dropping by to say hello and many pips to all.
Genesis is a solid system. No doubt. : )
Pivot Boss in the making~
  • #4,226
  • Sep 18, 2012 3:12am Sep 18, 2012 3:12am
Quoting jurn_e
Hello,

Dropping by to say hello and many pips to all.
Genesis is a solid system. No doubt. : )
Hey there Jurn......great to see you. I hope you are well and still raking in those pips?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,227
  • Sep 18, 2012 3:16am Sep 18, 2012 3:16am
Today we are observing impotance of the stochastics on Eu , so fa
r. I did not take short trade as the stoch. beeing OB on both M5 amd M15...
Imparo ancora
  • #4,228
  • Sep 18, 2012 3:20am Sep 18, 2012 3:20am
Thank you RJ and Oli... i will be following... thanks and thanks a lot for this system...
  • #4,229
  • Sep 18, 2012 3:24am Sep 18, 2012 3:24am
Quoting erksa
Today we are observing impotance of the stochastics on Eu , so fa
r. I did not take short trade as the stoch. beeing OB on both M5 amd M15...
Yep, the market is a little confused at present, but there is news in about 5 minutes for GU, and then in another 35 minutes in the German Zew news. The market may set a direction as a result......time will tell.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,230
  • Sep 18, 2012 3:29am Sep 18, 2012 3:29am
Quoting ForexNerds
Not nice PA today, be careful...
Yes, if you look at the major pairs like EU, GU, we're up against very solid resistance (use say daily chart, look left), and stoch is very OB.

No predictions, can go either way (as RJ says), but it is entirely possible the upward move may be a bit laboured, and there's no kick-off downward PA move and stoch hasn't even tried to make a move down. Could be a bit of range-bound action.

So the big picture is at a critical juncture, probably making the smaller TF trade a little harder as well. Reminds me of when EU got down to below 1.22 in July. Could go either way, but the trading got harder there.
  • #4,231
  • Sep 18, 2012 3:29am Sep 18, 2012 3:29am
Quoting realjumper
Hey there Jurn......great to see you. I hope you are well and still raking in those pips?
Thanks RJ.
Yea making small pips daily
I am scalping trading with Genesis and other strategy.
I use Genesis M5 to scalp. Mostly i take the second consecutive M5 signal, its the best signal for me for super high probablity pips. And trade London open to London close.
Pivot Boss in the making~
  • #4,232
  • Sep 18, 2012 3:35am Sep 18, 2012 3:35am
Quoting jurn_e
Thanks RJ.
Yea making small pips daily
I am scalping trading with Genesis and other strategy.
I use Genesis M5 to scalp. Mostly i take the second consecutive M5 signal, its the best signal for me for super high probablity pips. And trade London open to London close.
Nice.....it's good to know that you are still collecting little by little.....bit by bit as you do. The biggest buildings are built in this same way.....good for you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,233
  • Sep 18, 2012 3:37am Sep 18, 2012 3:37am
Quoting olivierforex
Nothing wrong with the core Genesis entry on that trade but:
.as you have it on your chart, the M15 Arrow was Short at the time (again, not necessarely a no-trade but a sign to be more careful and that it's not a high probability trade).

Not part of Genesis: the M30 & H1 Arrows were also both Short so with the M15 being Short too, all the higher TFs were against a Long at the time....
Oliver, Agree 100%

I only ever trade in direction of H1 and ideally H4 as well

My GMTS dash is set at H4, H1, M15, M5

Plus at the time of the trade H4 Stoch had turned down.

On GU 5M arrows about an hour ago: short for +8 pips
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,234
  • Sep 18, 2012 3:46am Sep 18, 2012 3:46am
Quoting jurn_e
Thanks RJ.
Mostly i take the second consecutive M5 signal, its the best signal for me for super high probablity pips.
Hi Jurn,
Your answer gets me to post a question that's been in my head for some time regarding re-entries (or as you call it, the 2nd consecutive signal) as you are the first to comment on these.

Out of the 4 Genesis dots:
1) how many dots do you like (1, 2 or 3) to turn the other way first before re-entering on a 'new' 4 dots signal?
2) how many candles do you wait (where some dots are the other way) before re-entering (1,2......)?

If my question doesn't make sense, let me know and I'll post some chart examples.
Thanks in advance.
Oli
  • #4,235
  • Sep 18, 2012 3:50am Sep 18, 2012 3:50am
Quoting olivierforex
Hi Jurn,
Your answer gets me to post a question that's been in my head for some time regarding re-entries (or as you call it, the 2nd consecutive signal) as you are the first to comment on these.

Out of the 4 Genesis dots:
1) how many dots do you like (1, 2 or 3) to turn the other way first before re-entering on a 'new' 4 dots signal?
2) how many candles do you wait (where some dots are the other way) before re-entering (1,2......)?

If my question doesn't make sense, let me know and I'll post some chart examples.
Thanks...

Regarding this issue i noticed that when the Matrix turns to an unclear state and the 5min stoch goes above/below the 50 level and pulls back into the original direction + the matrix gets back to full signal in the direction of the 5min stoch, its often a good re-entry point. But not perfect, thus i leave this stuff alone and wait for the next opportunity.
  • #4,236
  • Sep 18, 2012 3:58am Sep 18, 2012 3:58am
Quoting baccarat
Regarding this issue i noticed that when the Matrix turns to an unclear state and the 5min stoch goes above/below the 50 level and pulls back into the original direction + the matrix gets back to full signal in the direction of the 5min stoch, its often a good re-entry point. But not perfect, thus i leave this stuff alone and wait for the next opportunity.
In a decent trend, that is often the case. If you had exited the trade, then that gives you a chance to re-enter. Or, if you had your SL in profit and you didn't exit, you can now scale in another trade in the same direction. With a good trend, this can be done several times and really do some damage to the broker. We spoke about this not too long ago and it's a great way to maximise the profit from any given move.

It's not quite that easy if the market is not trending though
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,237
  • Sep 18, 2012 4:40am Sep 18, 2012 4:40am
Quoting olivierforex
Hi Jurn,
Your answer gets me to post a question that's been in my head for some time regarding re-entries (or as you call it, the 2nd consecutive signal) as you are the first to comment on these.

Out of the 4 Genesis dots:
1) how many dots do you like (1, 2 or 3) to turn the other way first before re-entering on a 'new' 4 dots signal?
2) how many candles do you wait (where some dots are the other way) before re-entering (1,2......)?

If my question doesn't make sense, let me know and I'll post some chart examples.
Thanks...

Hi,

I am noob so my noob brain can only see simple stuff.
When there is a new signal (initial signal), i will wait for the second signal in the direction of the initial signal.
I attached a picture to show my intepretation of 2nd M5 signal.
I only took the last signal because that signal was during london session.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-09-18_1734.png Size: 63 KB
Pivot Boss in the making~
  • #4,238
  • Sep 18, 2012 5:25am Sep 18, 2012 5:25am
Quoting baccarat
Regarding this issue i noticed that when the Matrix turns to an unclear state and the 5min stoch goes above/below the 50 level and pulls back into the original direction + the matrix gets back to full signal in the direction of the 5min stoch, its often a good re-entry point. But not perfect, thus i leave this stuff alone and wait for the next opportunity.
I've been looking too at the relationship between M5 Stox crossing the 50 line but like you, so far I have not found a solid corelation to add/filter good/bad trades
  • #4,239
  • Sep 18, 2012 5:36am Sep 18, 2012 5:36am
Quoting jurn_e
Hi,

I am noob so my noob brain can only see simple stuff.
When there is a new signal (initial signal), i will wait for the second signal in the direction of the initial signal.
I attached a picture to show my intepretation of 2nd M5 signal.
I only took the last signal because that signal was during london session.
Hey Jurn,
Thanks for your answer. I don't think that you are as 'noob' as you make it
Anyone trading Genesis on M15 should have a look at your simplified version using the Daily Open:
http://www.forexfactory.com/showthre...88#post5877388

At 1 & 3 there was only 1 dot (CCI) that 'went the other way' but at 2 there were 2 dots (TVI & T3) but you don't take any account of this so ... if I understand properly, you are simply using the 1st re-entry from London open without anything else.
Cool, I'll monitor these 2nd entries a bit more and see:
1) if they filter enough bad trades?
2) if they overall give you better/worse entry points with lower/higher DDs/TPs.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 131 KB
  • #4,240
  • Sep 18, 2012 5:59am Sep 18, 2012 5:59am
Quoting olivierforex
Hey Jurn,
Thanks for your answer. I don't think that you are as 'noob' as you make it
Anyone trading Genesis on M15 should have a look at your simplified version using the Daily Open:
http://www.forexfactory.com/showthre...88#post5877388

At 1 & 3 there was only 1 dot (CCI) that 'went the other way' but at 2 there were 2 dots (TVI & T3) but you don't take any account of this so ... if I understand properly, you are simply using the 1st re-entry from London open without anything else.
Cool, I'll monitor these 2nd entries...
Hi

I am using 1st reentry as long as the signal happens in between London Open to London Close. Btw i have closed my sell at 3050 as 50 is a round number.

For me i don't analyze too much on the Genesis matrix. Actually i don't even know what those colored dots are and derived from which indicator. I have Small brain.

What i analyse is, when there is a Genesis signal. I look at support resistance, namely: 1. daily open,2. pivots,3. previous day high low, and 4. camarilla. After looking at these support resistance, i will see whether the signal is worth taking and the target is near or far. If target is near i won't take it. So i spend more time analyzing these areas of support resistance than the intricacies of the genesis matrix. If you stare at these support resistance areas long enough, you will get the feeling when price will bounce. Its like deja vu to me.

I am not saying you are wrong, i m just giving my opinion. Hope u r not offended.
Pivot Boss in the making~
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