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Genesis Matrix Trading

  • #4,381
  • Sep 21, 2012 3:01am Sep 21, 2012 3:01am
Quoting realjumper
Just focus on your trading.......
Thank you all for the work you are doing, even if I still to date have not made ​​a good start to fear, after burning so, customers complain that the accounts are still, thanks again

grazie a tutti per il lavoro che state facendo, anche se io ancora ad oggi non sono riuscito a partire bene per paura, dopo aver bruciato tanto, i clienti si lamentano perchè i conti sono fermi , grazie ancora
  • #4,382
  • Sep 21, 2012 3:44am Sep 21, 2012 3:44am
Perfect buy signals on all the pairs I trade
  • #4,383
  • Sep 21, 2012 4:06am Sep 21, 2012 4:06am
Quoting ohammond
Perfect buy signals on all the pairs I trade
Took it!!
  • #4,384
  • Sep 21, 2012 4:07am Sep 21, 2012 4:07am
Great trades on GU & EJ over +50 pips on both closed both, thats good enough for me
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,385
  • Sep 21, 2012 4:32am Sep 21, 2012 4:32am
Nice ride
Look at something long enough, you will eventually get it.
  • #4,386
  • Sep 21, 2012 4:44am Sep 21, 2012 4:44am
Quote
Great trades on GU & EJ over +50 pips on both closed both, thats good enough for me

Quote
Perfect buy signals on all the pairs I trade

I agree. We have many good signals here. But I want to know about your entry,marty and ohammond. Let's take EU as example: When we had the signal( with arrow,5M and 15M stoch pointing up,matrix signal,a strong bullish candle,double bottom...) But the daily pivot is in the way,and after that the candle smash through it without any retest. So what would you do in these kind of situations? Just let it go and accept the fact that the market is always there and find another trade or in your case,took it after the price broke daily pivot because of all the reasons above and you can feel the strong bullish trend is coming?
  • #4,387
  • Sep 21, 2012 4:51am Sep 21, 2012 4:51am
Quoting frenetic
I agree. We have many good signals here. But I want to know about your entry,marty and ohammond. Let's take EU as example: When we had the signal( with arrow,5M and 15M stoch pointing up,matrix signal,a strong bullish candle,double bottom...) But the daily pivot is in the way,and after that the candle smash through it without any retest. So what would you do in these kind of situations? Just let it go and accept the fact that the market is always there and find another trade or in your case,took it after the price broke daily pivot because of all...
MTF showed up as well indicating strong push
Look at something long enough, you will eventually get it.
  • #4,388
  • Sep 21, 2012 4:52am Sep 21, 2012 4:52am
Just a little something to note on a daily GBP/USD chart - there is a strong possible resistance from the beginning of May + stoch in the OB region.

Good luck!
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  • #4,389
  • Sep 21, 2012 4:56am Sep 21, 2012 4:56am
Quoting frenetic
I agree. We have many good signals here. But I want to know about your entry,marty and ohammond. Let's take EU as example: When we had the signal( with arrow,5M and 15M stoch pointing up,matrix signal,a strong bullish candle,double bottom...) But the daily pivot is in the way,and after that the candle smash through it without any retest. So what would you do in these kind of situations? Just let it go and accept the fact that the market is always there and find another trade or in your case,took it after the price broke daily pivot because of all...
The EU signal happened after price closed 2 pips above the daily pivot so I took it there for all the reasons you mention plus price had gone through it a few times today already up and down.
  • #4,390
  • Sep 21, 2012 4:59am Sep 21, 2012 4:59am
In my opinion it comes down to assessment of risk.

There are always different levels of risk you are prepared to take. ie wait for break, take trade prior to break.

I took GU before EJ, because higher TF confirmation (H4 & H1 Genesis tape confirmed).

Because EJ didnt have higher TF confirmation, I waited for Daily Open to clear, and there was enough room before PP hit to get out, if PA reversed of that.

In fact I took GU on crossing of 15M stoch & 5M tape, due strength of HTF.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,391
  • Sep 21, 2012 5:01am Sep 21, 2012 5:01am
Quoting ohammond
The EU signal happened after price closed 2 pips above the daily pivot so I took it there for all the reasons you mention plus price had gone through it a few times today already up and down.
Yep......I took the same trade for the same reason.....probably same entry too...2984. I also took GU, which is my least favourite pair, but it was the GB news that sparked the rally so I took GU.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,392
  • Sep 21, 2012 5:05am Sep 21, 2012 5:05am
Quoting realjumper
Yep......I took the same trade for the same reason.....probably same entry too...2984. I also took GU, which is my least favourite pair, but it was the GB news that sparked the rally so I took GU.
Took GU too, 5 minutes earlier than EU and you beat me by 1 pip on the entry to EU
  • #4,393
  • Sep 21, 2012 5:08am Sep 21, 2012 5:08am
Quoting ohammond
Took GU too, 5 minutes earlier than EU and you beat me by 1 pip on the entry to EU
I contemplated taking the early GU as well because the PA was rising in a typical 'news leaking' way, but I decided not to, just because I really don't like the GU pair very much!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,394
  • Sep 21, 2012 5:22am Sep 21, 2012 5:22am
Quoting ohammond
The EU signal happened after price closed 2 pips above the daily pivot so I took it there for all the reasons you mention plus price had gone through it a few times today already up and down.
Yes, since the open this was the 3rd time that price had crossed the DP and when that happens it makes the line a lot weaker so to speak (it does not know if it wants to be support or resistance or none of the 2 lol).
  • #4,395
  • Sep 21, 2012 5:37am Sep 21, 2012 5:37am
Thank you very much,ohammond,RJ and marty for your reply and insights. Easy to understand explanation and it's really helpful.
  • #4,396
  • Edited 6:11am Sep 21, 2012 5:59am | Edited 6:11am
Hi all, this is my first post in this thread. First of all, I would like to say thank-you to all of you, especially to RJ for bringing this system to this forum!

I have a question to RJ regarding the risk/money management. Do you always risk the same amount on each trade or do you enter with a fixed position size? I am asking this question as the risk varies a lot depending on the setup.

...and would be very interesting to hear other forum members as well.
  • #4,397
  • Sep 21, 2012 6:24am Sep 21, 2012 6:24am
Quick scalp on GU - wasnt expecting that but, cant grumble +16 pips
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,398
  • Sep 21, 2012 6:28am Sep 21, 2012 6:28am
hello to everyone im new to this thread but i like it and i want to try it.I have a question about the moving average.Can someone explain what does the shift 2 stand for?.Thank you
  • #4,399
  • Sep 21, 2012 6:32am Sep 21, 2012 6:32am
Quoting marcelms
hello to everyone im new to this thread but i like it and i want to try it.I have a question about the moving average.Can someone explain what does the shift 2 stand for?.Thank you
The moving average line is plotted on the chart 2 intervals to the right of the actual time for which it was calculated. If you go to the most recent bar on your chart, you'll see that the EMA5 is shifted 2 bars to the right of that. The most famous indicator that uses shifted plots is probably Bill William's Alligator.
  • #4,400
  • Sep 21, 2012 6:35am Sep 21, 2012 6:35am
Quoting marcelms
hello to everyone im new to this thread but i like it and i want to try it.I have a question about the moving average.Can someone explain what does the shift 2 stand for?.Thank you
In the settings for a moving average you can set the shift, setting it at 2 will shift the moving average forward 2 candles, the primary reason for shifting it is in order to become try to become a leading indicator.
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