Genesis Matrix Trading | Page 252 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #5,021
  • Oct 1, 2012 5:44am Oct 1, 2012 5:44am
Quoting makron
Guys, thanks for answers!
Can we take position like this?
Price reject from R1 and resistance, double retest, good genesis signal
I'll let the others answer that, one tough discussion per night is enough for me!
  • #5,022
  • Oct 1, 2012 5:48am Oct 1, 2012 5:48am
Quoting realjumper
at no time did a bear candle open clear under the yellow ema........
Not redundant yet that yellow one then
  • #5,023
  • Oct 1, 2012 5:49am Oct 1, 2012 5:49am
Quoting makron
Guys, thanks for answers!
Can we take position like this?
Price reject from R1 and resistance, double retest, good genesis signal
Are you not reading anything we say?......sigh......

From Post #1

PLEASE NOTE: This is not a system for noobies to FX trading. Do not come here asking and/or expecting to be shown how to trade.....the experienced traders will not show you any mercy!! Instead, please go to babypips/school and do their course. It is free and it is extremely good. You will learn much there.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,024
  • Oct 1, 2012 5:50am Oct 1, 2012 5:50am
Quoting olivierforex
Not redundant yet that yellow one then
Not quite.....shame you missed that round number 5000
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,025
  • Oct 1, 2012 5:51am Oct 1, 2012 5:51am
Quoting realjumper
5000th post.....Sorry Oli
hehehe I avoided the 4000th like the plague in fear of possible 'big number fetish' accolade but I think Wiz will be most disappointed...
  • #5,026
  • Oct 1, 2012 5:53am Oct 1, 2012 5:53am
Quoting makron
Guys, thanks for answers!
Can we take position like this?
Price reject from R1 and resistance, double retest, good genesis signal
Makron,

After a strong rally like that, I wont be.

I would only get in if M15 tape turned total red (bear in mind H1 & H4 are still total green), and M15 stoch crossed down out of OB, and then we had a pullback on the M5.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,027
  • Oct 1, 2012 5:53am Oct 1, 2012 5:53am
Quoting olivierforex
hehehe I avoided the 4000th like the plague in fear of possible 'big number fetish' accolade but I think Wiz will be most disappointed...
A million views isn't too far away......lol.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,028
  • Oct 1, 2012 5:56am Oct 1, 2012 5:56am
I stand corrected, take a look at the H1 chart, H4 stochs just turned up !!!!!

Holy smoke and the H4 chart !!!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,029
  • Oct 1, 2012 6:07am Oct 1, 2012 6:07am
Quoting realjumper
Are you not reading anything we say?......sigh......

From Post #1

PLEASE NOTE: This is not a system for noobies to FX trading. Do not come here asking and/or expecting to be shown how to trade.....the experienced traders will not show you any mercy!! Instead, please go to babypips/school and do their course. It is free and it is extremely good. You will learn much there.
Thank for advice, but im not newbie (you can get my statistics in my profile). But i never trade with indicators... so, i try to do it
  • #5,030
  • Oct 1, 2012 6:12am Oct 1, 2012 6:12am
Quoting makron
Thank for advice, but im not newbie (you can get my statistics in my profile). But i never trade with indicators... so, i try to do it
Can you tell an uptrend from a downtrend?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,031
  • Oct 1, 2012 6:14am Oct 1, 2012 6:14am
Quoting makron
Guys, thanks for answers!
Can we take position like this?
Price reject from R1 and resistance, double retest, good genesis signal
Against trend, a 'clear' rejection is needed.

You may still win, but it wasn't high probability when the Genesis signal came. There's been a 70+ pip move from DS1 to DR1, including a successful test of DP. Look at some of the lengths of candles in the moves in between. You didn't get any candle of significance up to and for a half hour after the Genesis signal for a short position.
  • #5,032
  • Edited 6:25am Oct 1, 2012 6:15am | Edited 6:25am
Quoting Martyfish
I stand corrected, take a look at the H1 chart, H4 stochs just turned up !!!!!

Holy smoke and the H4 chart !!!
As big trip starting from first step as all HTF trends starts from 1m chart.
Why do we have to observe Hours if we are traiding on minutes? Take a look at 15m and 5m charts. There are so beautiful divergences with Pullback from MR1.
I took short and fixed 10 pips at Pivot now.
Attached Image (click to enlarge)
Click to Enlarge Name: eu short.gif Size: 29 KB
Everything is possible!!! Step by Step...
  • #5,033
  • Oct 1, 2012 6:24am Oct 1, 2012 6:24am
RJ, i allways look trend on H1 and H4... Now its downwards. So, on m5 and m15 on EJ we have correction to major trend. Price is sitting at R1 and strong resistance(double top on H1, H4) + we have double top on m5 and OB m5 m15 stoch falling, m5 div and red tape... i try to understand, is it enough to take Sell genesis signal or no.
  • #5,034
  • Oct 1, 2012 6:25am Oct 1, 2012 6:25am
Quoting DmitryFX
As big trip starting from first step as all HTF trends starts from 1m chart.
Why do we have to observe Hours if we are traiding on minutes? Take a look at 15m and5 m charts. There are so beatuful divergences with Pullback from MR1.
I took short and fixed 10 pips at Pivot now.
Attachment
I wish you luck in your trade - this isnt a competition, I am only stating my thoughts on a high prob set up
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,035
  • Oct 1, 2012 6:27am Oct 1, 2012 6:27am
Quoting makron
RJ, i allways look trend on H1 and H4... Now its downwards. So, on m5 and m15 on EJ we have correction to major trend. Price is sitting at R1 and strong resistance(double top on H1, H4) + we have double top on m5 and OB m5 m15 stoch falling, m5 div and red tape... i try to understand, is it enough to take Sell genesis signal or no.
Does it say anything at all on the first page about checking H1 and H4 for taking trades on M5???????
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,036
  • Oct 1, 2012 6:36am Oct 1, 2012 6:36am
Quoting realjumper
Does it say anything at all on the first page about checking H1 and H4 for taking trades on M5???????
Ok, sorry but its very hard for me to change my trading habits... i'll read you firsr post several times more
  • #5,037
  • Oct 1, 2012 6:37am Oct 1, 2012 6:37am
Quoting olivierforex
hehehe I avoided the 4000th like the plague in fear of possible 'big number fetish' accolade but I think Wiz will be most disappointed...
NO comment Oli,

I couldn't immagine RJ can do it ......
You control how you trade; the market controls how and when you'll get paid
  • #5,038
  • Oct 1, 2012 7:02am Oct 1, 2012 7:02am
Quoting realjumper
Does it say anything at all on the first page about checking H1 and H4 for taking trades on M5???????

Apologies, I will keep my thoughts to myself
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,039
  • Oct 1, 2012 7:17am Oct 1, 2012 7:17am
I am not sure this was pointing to you

fratelli
  • #5,040
  • Oct 1, 2012 7:30am Oct 1, 2012 7:30am
Quoting Martyfish
Apologies, I will keep my thoughts to myself
That wasn't aimed at you man......you're doing really well
Doing what you like is Freedom. Liking what you do is Happiness.
106 traders viewing now