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Genesis Matrix Trading

  • #4,401
  • Sep 21, 2012 6:58am Sep 21, 2012 6:58am
Quoting ohammond
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.
Thank you very much.
  • #4,402
  • Sep 21, 2012 7:52am Sep 21, 2012 7:52am
Strong Stoch div on EJ

long for +15 pips
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,403
  • Sep 21, 2012 7:56am Sep 21, 2012 7:56am
GU reversed off Cam H4 & strong stoch div; missed this one but nice trade

wow +30 pips and counting
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,404
  • Sep 21, 2012 8:00am Sep 21, 2012 8:00am
Bullish continuation pattern on AU 1hr.
  • #4,405
  • Sep 21, 2012 8:06am Sep 21, 2012 8:06am
Closed a little too early on EJ

15M arrows appeared after I closed
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,406
  • Sep 21, 2012 8:10am Sep 21, 2012 8:10am
Quoting Chl
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.
I enter each trade with the same lot size.....my risk management is taken care of by the trades I select to enter
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,407
  • Sep 21, 2012 8:24am Sep 21, 2012 8:24am
Quoting ohammond
Bullish continuation pattern on AU 1hr.
I should add though that AU is over its ATR so that much more risky.
  • #4,408
  • Sep 21, 2012 8:36am Sep 21, 2012 8:36am
Quoting ohammond
I should add though that AU is over its ATR so that much more risky.
Good point Olivia, so is GU

thx
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,409
  • Sep 21, 2012 9:06am Sep 21, 2012 9:06am
I am in total disbelief.

How can you improve on what we have ??

The only losing trades I have had in the last two weeks (since I joined Genesis, are my old strategy trades - not 1 Genesis trade has lost money - I cant believe the transformation.

A big part has been the belief RJ, Minako, Oliver and Olivia have in this system

Our Genesis team are awesome ( wish I could think of a better word)
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,410
  • Sep 22, 2012 6:17am Sep 22, 2012 6:17am
I really wonder and it seems to me that most of the Traders don't like the possibility to take her/his responsibility for themselves .
The way to get there is you develop your own Trading-System and just lurking around in some Threads to take an idea and mix this with your own System.
That's the way confidence comes and maybe it's a long way to reach that goal.
But you can be sure that if RJ's System have a Drawdown sometimes in the future some Traders will struggle and fail because they may not confident enough to get out of this battle alive.
Sorry but I have problems to understand why is it so difficult to sit and watch your Charts for hundreds or thousands of hours to develop yourself in every aspect.
It's worth.
Greeds Zack
  • #4,411
  • Edited 6:10am Sep 23, 2012 4:15am | Edited 6:10am
I am not typing much here. But I will try explain a trade I took friday.

I will also try tell why I did it. Its all about how to read a chart.

I use the 1 hour timeframe to give me the bigger picture, and then I trade from 5 mins.

Lets start analysing the 1 hour chart.

LOOK at 1-2-3 where I have the turquis line. Its all strong RES levels.
then all off sudden at 4 price broke out to upside. then from X to A we have
an impulse leg. Impulse leg is where structure break.

Then look at the area marked 5 and 6. that is first time price went back to "OLD" price level where we saw strong RES. Broken RES will quit often now be support. We also see divergense on all indis in this area, so maybee we have a trade setting up in this area.

NOW I go to my 5 mins to see what goes on. Can I find a reason to take a long here.??? I have removed the HA candles just so it is a bit more clear to see.

LOOK at where I marked 1 and 2. Here we have Bullish Divergense.
Look at the 15 mins MTF stoch. Price go lower but stoch did not go lower.
SO now we have regular divergense on higher timeframe (1HOUR) and Bullish divergense on my trading timeframe.

And both the 5 mins stoch and 15 mins stoch is OS.

I take the trade. when Genesis line up

I hope some off this make sense.

Green pips to all.

regards

fratelli

PS: Sorry RJ for showing a 1 hour chart that has nothing to do with Genesis, but I use it for bigger picture, hope you can forgive me. If not
then I know what you doing.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraud 1 hour.jpg Size: 132 KB
Click to Enlarge Name: euraud 5 mins.jpg Size: 115 KB
  • #4,412
  • Sep 23, 2012 6:36am Sep 23, 2012 6:36am
Quoting fratelli
I am not typing much here. But I will try explain a trade I took friday.

I will also try tell why I did it. Its all about how to read a chart.

I use the 1 hour timeframe to give me the bigger picture, and then I trade from 5 mins.

Lets start analysing the 1 hour chart.

LOOK at 1-2-3 where I have the turquis line. Its all strong RES levels.
then all off sudden at 4 price broke out to upside. then from X to A we have
an impulse leg. Impulse leg is where structure break.

Then look at the area marked 5 and 6. that is first time price went back...
I think he'll forgive you fratelli, it all helps people with how to look at the bigger picture so they are not caught out. A lot of people are taken by surpise when on M5 price suddenly flies in another direction and they are looking for reasons why. I always have the H1 chart open by the side of my M5 chart and don't look at it solely for the H1 "trend".

Like you I check for divergence and I have basic trendlines on there to give me an idea where price might turn its surprising just how often price will turn at the trendlines.

I've attached a couple of very good examples of this below. On Wednesday, priced reached the trendline drawn along the bottom of the 1hr trendline drawn on the chart 17th - 18th, then turned into a doji (indecision) then a strong bull candle, switching to M5 a full genesis signal with bullish divergence which I took. Coming out though was pure luck, I had to go out so set the take profit near the pivot but I like round numbers so set it for 50 pips but with a trailing stop just in case.

On Friday price had run along the bottom trendline (last point put there a couple of hours before with no sign of it going below, plus bullish divergence on h1) took it out when it reached the top of 1hr trendline put on the chart on 19th, the hourly couldn't close above it. Could have taken a short looking at it in hindsight down to the trendline again but too bullish to try that, then took the trade back up, failed again at the trendline, out it came again.

Just those three 3 trades alone netted 138 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1hr19-9.gif Size: 16 KB
Click to Enlarge Name: eum5-19-9.gif Size: 15 KB
Click to Enlarge Name: eu1hrfriday.gif Size: 18 KB
Click to Enlarge Name: eum5friday.gif Size: 35 KB
  • #4,413
  • Sep 23, 2012 10:17am Sep 23, 2012 10:17am
Quoting ohammond
I think he'll forgive you fratelli, it all helps people with how to look at the bigger picture so they are not caught out. A lot of people are taken by surpise when on M5 price suddenly flies in another direction and they are looking for reasons why. I always have the H1 chart open by the side of my M5 chart and don't look at it solely for the H1 "trend".

Like you I check for divergence and I have basic trendlines on there to give me an idea where price might turn its surprising just how often price will turn at the trendlines.

I've...
Hello. Can you explain the last position you have open on the last Friday graph?
It seems to me that it was taken after the signal Genessi and even after the arrow.
I can explain.

Thank you very much.
  • #4,414
  • Sep 23, 2012 11:11am Sep 23, 2012 11:11am
Quoting Matrix8756
Hello. Can you explain the last position you have open on the last Friday graph?
It seems to me that it was taken after the signal Genessi and even after the arrow.
I can explain.

Thank you very much.
Matri,

I took the same trade at the same price. I decided to wait for a confirmation because M5 stoch was in overbought zone and PA was stalling aroun 1,3000 (round number) than just after the second crossover in the direction of higher TF stoch I went long.

I think Olivia made the same decision.

ciao

wiz
You control how you trade; the market controls how and when you'll get paid
  • #4,415
  • Sep 23, 2012 1:22pm Sep 23, 2012 1:22pm
Quoting wiz3003
Matri,

I took the same trade at the same price. I decided to wait for a confirmation because M5 stoch was in overbought zone and PA was stalling aroun 1,3000 (round number) than just after the second crossover in the direction of higher TF stoch I went long.

I think Olivia made the same decision.

ciao

wiz
Thanks Wiz3003 OK
  • #4,416
  • Sep 24, 2012 2:55am Sep 24, 2012 2:55am
Closed GU long; very strong H1 stoch 15M & 5M tape

+21 pips

EJ had 5M arrows at same time, wasnt quick anough to trade both (still waking up )
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,417
  • Sep 24, 2012 3:29am Sep 24, 2012 3:29am
EJ 5M arrows and full red tape (H4,H1,M15,M5)

close +24 pips

Cam F4 breakout, will I regreat closing early ??

Stochs very OS

Daily profits already hit, musnt grumble !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,418
  • Sep 24, 2012 3:55am Sep 24, 2012 3:55am
GU short; 5M arrows full Genesis dash, stochs div massively

close on S1

+ 22 pips
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,419
  • Sep 24, 2012 4:13am Sep 24, 2012 4:13am
Just a very humble and sincere thanks to RJ and the rest of the team for what they offered us and tought us.
Enter Signature
  • #4,420
  • Sep 24, 2012 5:18am Sep 24, 2012 5:18am
Quoting Martyfish
GU short; 5M arrows full Genesis dash, stochs div massively

close on S1

+ 22 pips
Could you do a printscreen of this div for me please?
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