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Genesis Matrix Trading

  • #4,741
  • Sep 27, 2012 3:50am Sep 27, 2012 3:50am
Quoting christiaandu
Also took that trade. Went horribly wrong. Was nice divergence, bounce of pivot, ect. Did anyone else take the trade? Although Im sure in hindsight there will be a million reasons why it was a bad trade.
I was looking at EU when it was setting up but the M15 stoch was coming down pretty hard with fast line spread out a bit below slow line...that was pretty strong downside momentum on the M15..so i decided to pass....just follow the rules and you'll be ok.
  • #4,742
  • Sep 27, 2012 3:50am Sep 27, 2012 3:50am
Quoting traco1
Are these settings correct ?
Yep
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,743
  • Sep 27, 2012 3:55am Sep 27, 2012 3:55am
Quoting christiaandu
Also took that trade. Went horribly wrong. Was nice divergence, bounce of pivot, ect. Did anyone else take the trade? Although Im sure in hindsight there will be a million reasons why it was a bad trade.
Of course!

I'll bet at least half team took that trade too. But when it hit SL no1 speaking about it. Olivia said m15 stoch was incorrect, but just check how it was positioned, it was nearly perfect!

Price bounced really nice on D. Pivot, all corelated pairs followed, we got nice momentum. All correlated markets sp500, dax30 was in nice uptrend. Everything pointed to UP. Only issue in my opinion was that signal was a bit high, cause price just shooted fast from pivot, should wait for a little retrace and then go long.

Anyway SL hit, but that's the part of trading.
youtube.com/@pantherfxt
  • #4,744
  • Sep 27, 2012 4:01am Sep 27, 2012 4:01am
Quoting ohammond
Something I didn't notice earlier, nice EU 1hr Divergence, going to slap myself about a bit, will be back later
Also typical 'bear flag' formation from the bottom of the downtrend
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  • #4,745
  • Sep 27, 2012 4:03am Sep 27, 2012 4:03am
Quoting olivierforex
Also typical 'bear flag' formation from the bottom of the downtrend
Take a look at the H4 Oli.....it's a bit more pronounced there...
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,746
  • Sep 27, 2012 4:04am Sep 27, 2012 4:04am
Quoting olivierforex
The main reason you get such a sharp/faster move from one of the Stox is that not only is the 'price field' set to 'Close/close'(0) but you have also set the 'MAmethod' to LinearWeightedMA (3) which is even faster than ExponentialMA (it should be set to Simple SMA - 0)
Thx Ollie, Sometimes I need an anti-Marty "fix-it" lock, to stop me.

Repeat Genesis matra = "the system works by itself" (without any alterations/additions)

Wow EJ short +2 pips

Stoch: H1,M15,M5
Tape: M15,M5
Arrows: M5 (M15 appeared briefly)
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #4,747
  • Sep 27, 2012 4:05am Sep 27, 2012 4:05am
Quoting Polleczko
Of course!

I'll bet at least half team took that trade too. But when it hit SL no1 speaking about it. Olivia said m15 stoch was incorrect, but just check how it was positioned, it was nearly perfect!

Price bounced really nice on D. Pivot, all corelated pairs followed, we got nice momentum. All correlated markets sp500, dax30 was in nice uptrend. Everything pointed to UP. Only issue in my opinion was that signal was a bit high, cause price just shooted fast from pivot, should wait for a little retrace and then go long.

Anyway SL hit, but that's...
What the hell. M15 Stox wasn't even close to perfect. It was a total disaster. Show us your chart and tell us where it was "perfect" ok .
  • #4,748
  • Sep 27, 2012 4:05am Sep 27, 2012 4:05am
This is exactly what I thought

Quoting Polleczko
Of course!

I'll bet at least half team took that trade too. But when it hit SL no1 speaking about it. Olivia said m15 stoch was incorrect, but just check how it was positioned, it was nearly perfect!

Price bounced really nice on D. Pivot, all corelated pairs followed, we got nice momentum. All correlated markets sp500, dax30 was in nice uptrend. Everything pointed to UP. Only issue in my opinion was that signal was a bit high, cause price just shooted fast from pivot, should wait for a little retrace and then go long.

Anyway SL hit, but that's...
  • #4,749
  • Sep 27, 2012 4:06am Sep 27, 2012 4:06am
Quoting Polleczko
Of course!

I'll bet at least half team took that trade too. But when it hit SL no1 speaking about it. Olivia said m15 stoch was incorrect, but just check how it was positioned, it was nearly perfect!

Price bounced really nice on D. Pivot, all corelated pairs followed, we got nice momentum. All correlated markets sp500, dax30 was in nice uptrend. Everything pointed to UP. Only issue in my opinion was that signal was a bit high, cause price just shooted fast from pivot, should wait for a little retrace and then go long.

Anyway SL hit, but...
Actually M15 stoch IS incorrect. It is one thing to be out of OB/OS territory, but it also needs to point in the right direction. The M15 stoch was around flat @ entry signal (at best a little angle up or down). In that instance, the M5 stoch is showing momentum, while the M15 stoch is NOT.
  • #4,750
  • Sep 27, 2012 4:07am Sep 27, 2012 4:07am
Quoting Polleczko
Of course!

I'll bet at least half team took that trade too. But when it hit SL no1 speaking about it. Olivia said m15 stoch was incorrect, but just check how it was positioned, it was nearly perfect!

Price bounced really nice on D. Pivot, all corelated pairs followed, we got nice momentum. All correlated markets sp500, dax30 was in nice uptrend. Everything pointed to UP. Only issue in my opinion was that signal was a bit high, cause price just shooted fast from pivot, should wait for a little retrace and then go long.

Anyway SL hit, but that's...
NO, I suggest you get yourself some better glasses if you're going to be trading. See the downward slope of the M15 stoch?? That usually means down not up.
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  • #4,751
  • Sep 27, 2012 4:08am Sep 27, 2012 4:08am
Quoting Polleczko
Olivia said m15 stoch was incorrect, but just check how it was positioned, it was nearly perfect!
No ... M15 Stox was:
1) still coming down (at best flat when the M5 signal was generated - but still a conflict/disagreement between M5 & M15)
2) even if 'flat', M15 hadn't gone into OS territory

Enough to make this not a 'HPT' (High Probability Trade)

Edit: I'm slow these days lol but it's nice to see plenty of posts already from people paying proper attention to the Stox
  • #4,752
  • Sep 27, 2012 4:09am Sep 27, 2012 4:09am
Quoting olivierforex
Listen to the lady (Olivia), stick that M15 Stox on your chart and start to get a feel how M5 & M15 Stox 'dance' with each other (my own view)...
http://www.forexfactory.com/showthre...50#post6039850
Thanks, I actually had them on, but havent paid too much attention too them yet. Basicly you need them pointing up for a long? They did look up, but guess they still painting for 3 bars. Can you go long when the 15mins stoch are at OB levels? Was off the forum for awhile so I probably missed the whole discussion about them. Anyway Ill start looking at them for carefully, thanks.
  • #4,753
  • Sep 27, 2012 4:11am Sep 27, 2012 4:11am
Quoting baccarat
What the hell. M15 Stox wasn't even close to perfect. It was a total disaster. Show us your chart and tell us where it was "perfect" ok .
I can't show u now, cause when m15 bar closed - price retraced, stoch turned also. When there was a long signal it was a nice hook'ed up.

Ive read one thousand times, when similar signals appear, everyone have taken it and suddenly today there was no buyers there. It always make me laugh.
youtube.com/@pantherfxt
  • #4,754
  • Sep 27, 2012 4:12am Sep 27, 2012 4:12am
Quoting christiaandu
Thanks, I actually had them on, but havent paid too much attention too them yet. Basicly you need them pointing up for a long? They did look up, but guess they still painting for 3 bars. Can you go long when the 15mins stoch are at OB levels? Was off the forum for awhile so I probably missed the whole discussion about them. Anyway Ill start looking at them for carefully, thanks.
If M15 has stayed in OB/OS and everything else looks ok I look on that as a sign of the strength of the trend, if it comes out of there though its more risky.
  • #4,755
  • Sep 27, 2012 4:13am Sep 27, 2012 4:13am
Quoting Polleczko
I can't show u now, cause when m15 bar closed - price retraced, stoch turned also. When there was a long signal it was a nice hook'ed up.

Ive read one thousand times, when similar signals appear, everyone have taken it and suddenly today there was no buyers there. It always make me laugh.
Thats why we say WAIT FOR THE CANDLE TO CLOSE for the indicator you're looking at. Don't take it for granted. For a signal to be "perfect" you have to be reasonably sure its going to stay where it is.
  • #4,756
  • Sep 27, 2012 4:15am Sep 27, 2012 4:15am
Quoting Polleczko
I can't show u now, cause when m15 bar closed - price retraced, stoch turned also. When there was a long signal it was a nice hook'ed up.

Ive read one thousand times, when similar signals appear, everyone have taken it and suddenly today there was no buyers there. It always make me laugh.
Sorry.....you're wrong. The M15 stoch was never at any time ever suggesting that a long entry was remotely possible. And, the Genesis system doesn't rely on correlated markets like sp500, dax30
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,757
  • Sep 27, 2012 4:19am Sep 27, 2012 4:19am
Quoting Polleczko
I can't show u now, cause when m15 bar closed - price retraced, stoch turned also. When there was a long signal it was a nice hook'ed up.

Ive read one thousand times, when similar signals appear, everyone have taken it and suddenly today there was no buyers there. It always make me laugh.
You shouldn't laugh, trading's a serious business

I know what you mean by the M15 'live hook up' but bear in mind:
1) if you're considering the M15 Stox (you should), it's not set until the end of the M15 period and that happened 10 minutes after the M5 signal (plenty of things can happen in 10 minutes, including a 'hook up' that appeared and then disappeared).
2) even with the 'hook up', the M15 Stox still had not gone into OS territory
  • #4,758
  • Sep 27, 2012 4:22am Sep 27, 2012 4:22am
Quoting ohammond
Thats why we say WAIT FOR THE CANDLE TO CLOSE for the indicator you're looking at. Don't take it for granted. For a signal to be "perfect" you have to be reasonably sure its going to stay where it is.
The m5 candle was closed,we are trading m5 here!

One thing is sad. When it comes to a bad trade, there always be a one milion excuses AFTER a fact. When there is a similar trade and it hit TP, everyone is proud, cause though stoch m15 was almost good to entry, there was a one milion hints to go long there, and there u go - bam 100pips gained.

Im not saying u, RJ, or Yellena isnt profitable. I'' bet u are, but newbies are so confused, cause no1 seen your SL hit. It looks like u got 100% hit rate. But its normal in 'trading systems' session. My favorite was X-man thread. Pure magic - no SL's.
youtube.com/@pantherfxt
  • #4,759
  • Edited 4:38am Sep 27, 2012 4:24am | Edited 4:38am
What do you think about this entry peeps?

http://i47.tinypic.com/20tfqqs.jpg
  • #4,760
  • Edited 4:39am Sep 27, 2012 4:27am | Edited 4:39am
The m15 SToch was down.We shouldn't have taken that trade.
Thanks Team.
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