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Genesis Matrix Trading

  • #5,261
  • Oct 4, 2012 6:47am Oct 4, 2012 6:47am
Quoting Martyfish
Closed EJ + 22 pips

Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5

Closed GU + 34 pips

Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5

in my chart, GU M15 tape wasnt ready yet but 3 bars after?
  • #5,262
  • Oct 4, 2012 6:50am Oct 4, 2012 6:50am
Quoting frontline141
in my chart, GU M15 tape wasnt ready yet but 3 bars after?
Quite right, good spot, apologies, but the stoch divergence was too good to not enter
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,263
  • Oct 4, 2012 6:59am Oct 4, 2012 6:59am
Quoting Martyfish
Quite right, good spot, apologies, but the stoch divergence was too good to not enter
killer trade!!!!!
  • #5,264
  • Oct 4, 2012 7:20am Oct 4, 2012 7:20am
Quoting Martyfish
Closed EJ + 22 pips

Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5

Closed GU + 34 pips

Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5
Attached Image (click to enlarge)
Click to Enlarge Name: kuva.png Size: 23 KB

I assume it's this signal that you took but isn't the Stoch on a H1 just coming down from OB? (the white line in my chart)
  • #5,265
  • Oct 4, 2012 7:27am Oct 4, 2012 7:27am
Quoting Martyfish
Quite right, good spot, apologies, but the stoch divergence was too good to not enter
Marty, you mean m5 divergence?
  • #5,266
  • Oct 4, 2012 7:37am Oct 4, 2012 7:37am
Quoting profitpips
Attachment
I assume it's this signal that you took but isn't the Stoch on a H1 just coming down from OB? (the white line in my chart)
+ Hindsight problem with any MTF on lower TFs is that you can't tell what it was at the time: those 2 H1 & H4 Tape could have turned at least grey (neutral) on that dip down before the entry line but they closed blue 7 bars later after the pop up....
  • #5,267
  • Oct 4, 2012 7:52am Oct 4, 2012 7:52am
Quoting olivierforex
If I may, I'll use Frontline's chart to explain why my views on M15 OB/OS Stox are part of my 'discretionary arsenal' rather than 'hard rules' so that there's no confusion:
.I could say that the M15 Stox didn't quite go in OS territory first (white circle) and this is a reason why his Long EJ trade failed: that would be dishonest because in this situation it went close enough to OS that I would definitely consider a long trade then! In fact if anyone has got a technical reason why not go Long as Frontline did (apart from the previous high at 101.77),...
The trade worked out for me because i put the SL at 5 pips + spread below the last Swing Low (came as close as 1 pip). Took profit at 102.000 then..
  • #5,268
  • Oct 4, 2012 7:52am Oct 4, 2012 7:52am
Quoting makron
Marty, you mean m5 divergence?
I can't see a M5 stox divergence + the M15 divergence didn't 'reveal' itself until 5 minutes later (when the M15 candle closed) and the M15 stox was flat if not still pointing down when the signal appeared (at least on my charts)
  • #5,269
  • Oct 4, 2012 7:55am Oct 4, 2012 7:55am
Quoting baccarat
The trade worked out for me because i put the SL at 5 pips + spread below the last Swing Low (came as close as 1 pip). Took profit at 102.000 then..
Glad to hear you banked some pips and remembered the similar conversation about SL placement 2 days ago...
  • #5,270
  • Oct 4, 2012 8:05am Oct 4, 2012 8:05am
Quoting olivierforex
Glad to hear you banked some pips and remembered the similar conversation about SL placement 2 days ago...
Still made my butt sweat Cheers!
  • #5,271
  • Oct 4, 2012 8:31am Oct 4, 2012 8:31am
Quoting makron
Marty, you mean m5 divergence?
I presume you are talking about GU, I got M15 stoch divergence on the 3:15 candle, with H1 stoch crossing up on that candle as well, then entered after the breakout candle of 3:20.

The GHL's on M15 and M5 crossed on 3:15/3:20 candles
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,272
  • Oct 4, 2012 8:52am Oct 4, 2012 8:52am
Quoting Martyfish
I presume you are talking about GU, I got M15 stoch divergence on the 3:15 candle, with H1 stoch crossing up on that candle as well, then entered after the breakout candle of 3:20.

The GHL's on M15 and M5 crossed on 3:15/3:20 candles
Like I said in email, this system was meant for you Marty! You learned it quickly and doing great, hopefully with real account!
  • #5,273
  • Oct 4, 2012 9:01am Oct 4, 2012 9:01am
Quoting ttaro27
Like I said in email, this system was meant for you Marty! You learned it quickly and doing great, hopefully with real account!
"hopefully with real account!"

Been trading with a "real" account for over 2 years

Just not as profitably as I have over the last 3 weeks.

I also run a scalping strategy, but I dont mention any of those trades here, dont want to upset anyone, or worse !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,274
  • Oct 4, 2012 9:54am Oct 4, 2012 9:54am
Quoting Martyfish
I presume you are talking about GU, I got M15 stoch divergence on the 3:15 candle, with H1 stoch crossing up on that candle as well, then entered after the breakout candle of 3:20.

The GHL's on M15 and M5 crossed on 3:15/3:20 candles
Not just M15 divergence, on the daily isn't looking too bad either. Of course it could still all come crashing down but something keep an eye on
Attached Image (click to enlarge)
Click to Enlarge Name: gustoch.gif Size: 41 KB
  • #5,275
  • Oct 4, 2012 11:10am Oct 4, 2012 11:10am
Olivia,

Absolutely !!

I spent a long time placing trades against the HTF trends, and losing !!

Now suddenly, and not surprisingly, aggressively trading breakouts with HTF trends, is very profitable, particularly with confidence I have in Genesis.

I am really interested in hearing about your success in trading HTFs.

As I would like to add some swing trading to my strategies, at some stage.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,276
  • Oct 4, 2012 1:06pm Oct 4, 2012 1:06pm
Quoting Martyfish
Olivia,

Absolutely !!

I spent a long time placing trades against the HTF trends, and losing !!

Now suddenly, and not surprisingly, aggressively trading breakouts with HTF trends, is very profitable, particularly with confidence I have in Genesis.

I am really interested in hearing about your success in trading HTFs.

As I would like to add some swing trading to my strategies, at some stage.
what means HTF ?
  • #5,277
  • Oct 4, 2012 1:13pm Oct 4, 2012 1:13pm
Quoting ttaro27
what means HTF ?
Hi ttaro

HTF = Higher Time Frame. Hope you don't mind me buttin' in.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #5,278
  • Edited 3:00pm Oct 4, 2012 2:49pm | Edited 3:00pm
Quoting Martyfish
Olivia,

Absolutely !!

I spent a long time placing trades against the HTF trends, and losing !!

Now suddenly, and not surprisingly, aggressively trading breakouts with HTF trends, is very profitable, particularly with confidence I have in Genesis.

I am really interested in hearing about your success in trading HTFs.

As I would like to add some swing trading to my strategies, at some stage.
I don't trade H1 as much as I used to but I do watch all the timeframes. Not necessarily for the "trend" as such, but certainly candle patterns and divergence. I used to trade H1 a lot and still do sometimes if I see a very good setup for instance on Friday, we had extremely good bearish divergence on EU, EJ and AU and reasonable divergence on GU so once the H1 stoch has crossed down and come out of O/B I go to the M5 to make sure thats not about to turn up (I don't like drawdown even on H1), if everything there is ok then I will go in and then switch back to H1 to manage it. On Friday I got:

GU: +106
EU: +65
EJ: +30
AU: +60

I held onto my buy on EJ earlier on today solely because I noticed a "usually" reliable bullish continuation pattern on H1 so the higher timeframes do influence the way I trade on M5, but not in the normal way where I would say to myself - ok the H1 is in an uptrend I will only buy - because to change trend the smaller timeframes will change first but the candle patterns and divergence on the higher timeframes mean bigger moves and the clues are there for the move.
  • #5,279
  • Edited 4:00pm Oct 4, 2012 3:19pm | Edited 4:00pm
Its really awesome system for trading i really wanna thankz to D team member for sharing it Keep it up Guys . . we can add two different TIME FRAMe Genesis Matrix 2.20_1 by edit Time period Setting only or ny other changes also needed ?
  • #5,280
  • Edited 10:53pm Oct 4, 2012 10:42pm | Edited 10:53pm
Thanks Olivia,

really appreciate your answer.

Congrats on Friday's trades - it nice to have big days like that !!

Pretty much what I am trying to do. Its all about confluence of factors from all TFs.

Emphasis, on trying, my mindset seems more atuned to scalping, but with RJ's help, I am now holding Genesis trades to PP levels, which helped massively.

Quoting ohammond
I don't trade H1 as much as I used to but I do watch all the timeframes. Not necessarily for the "trend" as such, but certainly candle patterns and divergence. I used to trade H1 a lot and still do sometimes if I see a very good setup for instance on Friday, we had extremely good bearish divergence on EU, EJ and AU and reasonable divergence on GU so once the H1 stoch has crossed down and come out of O/B I go to the M5 to make sure thats not about to turn up (I don't like drawdown even on H1), if everything there is ok then I will go in and then...
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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