Genesis Matrix Trading

Just for those that may have missed it, Xaphod has release a new addition in the additional indicators thread - the Matrix Signals indicator. Basically, can be used as a good floating visual display or also a vocal trade announcer - e.g. will say "EU Buy Entry", "EU Sell Entry" etc. . Very handy if you're sometimes distracted from the screen.


I've got it working on my Vista fine (note, my MT4 is NOT installed in my Program Files folder).

It lives here.

-10 pathetic

Well.....115 pip bear run and you buy into it.....it was always going to be a high risk trade....especially considering where the stochs were positioned

ur right

Thanks RJ for your prompt reply..
I must say that after reading many..many of your words of wisdom that I thought that you were a man of wisdom and humility and I am surprised that you have quickly passed judgement without any evaluation of what I wished to offer, but i guess that is your right as the instigator of this thread.
I will not post again but let me tell you that I do not do forex for money but only to keep my old grey matter alive..
Have a good day

Cheers,
Ronald

It's not without evaluation Ronald......as I said.....I am familiar with both those indicators and neither of them bring anything to the Genesis Matrix system.

What more can I say?.....I know completely and utterly those two indicators, I have spent much time with them when on Evals thread.

Sorry if you don't like the answer, but the fact is that I already have looked at both of those indicators months ago......I dismissed them as unhelpful to Evals system and they are equally unhelpful to this system.

What do you want from me?????

A stupid question, 1 pip on eurusd pays $10 (standard lot), how much pay euraud per pip (standard lot) ?

Tough morning ??

Closed short EJ +25 pips first decent 5M arrows + 4H & 1H Dash agreeing.

Strong GU 1H stoch divergence !!

You didnt like the stoch on this RJ ? I do understand the buying into the selling part, but the stochs was good, no?

I think you should look for it first but there you go http://www.goforex.net/pip-calculator.htm

Many good systems on Forex Factory have blossomed, and many people profited on the back of some hard work done for free, by a few. Most of those systems/threads end up being destroyed by people who really don't know any better who insist on adding more and more indicators to the system, and until the system morphs into something that is unrecognisable as the original system and has become a complicated dog of a system which is hard to trade. The originators of the system lose interest and go away with their original and profitable system.

Our system, the Genesis Matrix Trading system has been tried and tested under all conditions in all the main currency pairs. One poster who I will not name took over 1,000 pips last week, just using the system.....no Renko, No Coral, No THV or any other crap......just the basic system coupled with a good understanding of how to trade.

There's a thought......"an understanding of how to trade". That is a concept that I see is lacking here, and it shows up the most in people who want to keep adding more and more indicators. Listen, you can add any and every indicator under the sun to your charts and you will still lose if you do not understand how to trade.....and no system will teach you that.

When I opened this thread I considered making it closed to anyone with less than 4 vouches. I didn't do it though because there are some people with no vouches who deserve to be here because they have taken the time to learn how to trade....and how to read the thread and learn the system.

Now.....as I have said, this system has been developed and tested by some great coders and traders under all conditions.....and the same team is close to releasing the next little jewel to you, and that too has been tested for 4 weeks by 4 people....16 weeks of trading/testing. When I see a trader pulling in more than 1,000 pips in one week, i *KNOW* that the system works. My own target of 100 pips per day is regularly attained......all using the system as laid out on the first page of this thread.

So.....enough is enough....it is a constant drain on my energy and attention to have to keep going over the same stuff every day for lazy people who won't read the thread, or people who would love to have their favourite indicators in the system.

It WILL STOP......and it will stop NOW.

I will start being more ruthless and I will kick people out without a second thought in future if they do not follow the simple concept of learning and trading the system that this thread is named after.

This is the Genesis Matrix Trading system thread, and that's what we do here.....and we make a lot of pips with it. I will not allow this system to morph into oblivion.....too many people have worked too hard for me to allow that to happen.....I owe those people, and so do you.

This system is hugely profitable......learn to trade before you come here as it says in Post #1....and trade the Genesis Matrix System.

No more leeway from me.

Sorry....your entry wasn't marked on the chart you posted on the previous page so I assumed you entered closer to your actual post time.

failed breakdown of s2, printed a double-bottom, trend is down so conservative target of S1

RJ please simply kick-ignore people who are lazy / stupid / being big headed. Truth is that there are many traders out there (most of them silent readers I guess, such as me) who DO appreciate your work. By you I mean whole genesis team here! If someone is too blind to see the huge work invested in this thread to help other traders out there... well that person doesn't belong here, simple as that. Life, trading can be stressful enough, you do not need additional long positions in that

Thank you.

Yes, you're right. I thought about it, but didn't know how to formulate the question on google. When the page opened, the answer was there and SO obvious... I still have a lot of work on my english. Thank you!

Agree 100% !!

Genesis, with a little common (trading) sense, all by itself it extremely impressive.

When I started here I had all sorts of crap of my screens.

Gradually I have performed the Ollie test on all non-genesis indicators.

Now they are virtually all gone.

Even though EJ is is downtrend today,but now price is reject daily S2 and round number (101,100),matrix signal and arrow is ready,5M and 15M stoch are both pointing up. Any idea with that trade?

As I'm sure you would have noticed.....the PA doesn't move in a straight line! However, EJ has moved all the way to S2 in almost a straight line since Tokyo open.....it has to pullback at some stage. You can trade those pullbacks if you want, but they are not high probability trades, so the risks are high. The trade might fly and it might not.....when counter trading, you pays your money and you takes your chances.....or, you wait for a high probability set up.

Well said RJ, lets hope people read this before posting more unnecessary and unwelcome 'this indi works better' nonsense. I would like to add that there are MANY on here that truly appreciate all the work you and the rest of the genesis team have/are doing and without all that hard work, many of us (myself included) would not have gained the insight and skills enabling us to hopefully, one day, making the transition to becoming a full-time trader. Keep up the good work!

Well said RJ ... it amazes me that people who clearly actually haven't spent a lot of time using / testing the system want to add more and more indicators ... the work the team has done (the traders such as yourself, Olivia etc etc + the likes of Cody & Xaphod) in developing this system has created not only a simple system but one with all the useful tools that anyone could ever need.

I'm sure I speak for all the 'unvouched' people who follow the thread but don't necessarily post often / at all when I say :

(1) thanks for making the system available so freely
(2) thanks for the efforts in keeping it 'pure & simple'

Ant

I admire your patience. You're like a kindergarten teacher. We shout and cry and running around. You're trying to help us.

Thank you so much.