Genesis Matrix Trading | Page 276 | 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

  • #5,501
  • Oct 10, 2012 5:30am Oct 10, 2012 5:30am
Quoting frenetic
And there it go again,without ME. I should hold onto that trade ... But yeah,move on with no hard feeling. And maybe I will never trade GU again in my life,....
It's very rare that I trade GU.....and I don't recommend it if you are a new trader. In fact, if you're a new trader i would recommend that you trade EU and ONLY EU. It is so important that you understand how not only the market works, but how each currency pair moves. Jumping from pair to pair will never teach you anything. Just focus on EU and learn it's moods and swings.....there's plenty of time to add another pair after you have become totally familiar with EU.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,502
  • Oct 10, 2012 5:39am Oct 10, 2012 5:39am
Long entry. I didnt wait to see M15 stoch in OS area because it is uptrend.
Attached Image (click to enlarge)
Click to Enlarge Name: au1nm.gif Size: 31 KB
  • #5,503
  • Oct 10, 2012 5:43am Oct 10, 2012 5:43am
Quote
frenetic,
While it isnt standard Genesis trade criteria, the GU H1 chart is very bullish.
But, yes very choppy.
Choppy PA indicates to me a possible retracement move??

Thanks for the advice Martyfish,maybe it will have a retracement move but yeah,we should trade what genesis gives us right?

Quote
It's very rare that I trade GU.....and I don't recommend it if you are a new trader. In fact, if you're a new trader i would recommend that you trade EU and ONLY EU. It is so important that you understand how not only the market works, but how each currency pair moves. Jumping from pair to pair will never teach you anything. Just focus on EU and learn it's moods and swings.....there's plenty of time to add another pair after you have become totally familiar with EU.

Thanks for your advice RJ. I'm not a new trader but I'm not a professional trader "yet". I usually trade EU,EJ,AU,... because I feel comfortable with it. I have some pretty bad memories with GU but a few hours ago, Marty or someone posted about GU trade so I just opened GU chart and left it there. Until just now..... But again,thanks for your advice.
  • #5,504
  • Oct 10, 2012 5:55am Oct 10, 2012 5:55am
Quoting iwan73
Long entry. I didnt wait to see M15 stoch in OS area because it is uptrend.
I did not take this trade because stock M5 is in OB zone
  • #5,505
  • Oct 10, 2012 5:55am Oct 10, 2012 5:55am
Quoting idempotent
Me too
Well, AUD long worked out. Had to go out, so I took partial profits at the time, and then set TP to just before R1.
  • #5,506
  • Oct 10, 2012 5:59am Oct 10, 2012 5:59am
[quote=frenetic;6085105]Thanks for the advice Martyfish,maybe it will have a retracement move but yeah,we should trade what genesis gives us right?/quote]

ABSOLUTELY !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,507
  • Oct 10, 2012 6:10am Oct 10, 2012 6:10am
Hi o/ i try this :

Stock m5 : correct
Stock m15 : correct
Stock H1 : correct
Genesis : correct
pivot : correct (under dpp)
Attached Image (click to enlarge)
Click to Enlarge Name: 10_10_2012(2).JPG Size: 168 KB
  • #5,508
  • Oct 10, 2012 6:20am Oct 10, 2012 6:20am
Quoting imperatorfr
I did not take this trade because stock M5 is in OB zone
At the time of entry (open of next candle after signal one) stoch M5 was below 80 so it was not OB.
  • #5,509
  • Oct 10, 2012 6:24am Oct 10, 2012 6:24am
Quoting imperatorfr
Hi o/ i try this :

Stock m5 : correct
Stock m15 : correct
Stock H1 : correct
Genesis : correct
pivot : correct (under dpp)
I am not new at this, but I would avoid this trade as it's the lead up to the NY open in 40 minutes.

That said, I am USDJPY long, because I didn't consider exactly this.
  • #5,510
  • Oct 10, 2012 7:31am Oct 10, 2012 7:31am
Closed GU long + 11 pips

Tape: H1,M15,M5 + Stoch

Closed EJ long + 22 pips

Tape: H1,M15,M5 + Stoch
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,511
  • Oct 10, 2012 7:43am Oct 10, 2012 7:43am
Quoting Martyfish
Closed GU long + 11 pips

Tape: H1,M15,M5 + Stoch

Closed EJ long + 22 pips

Tape: H1,M15,M5 + Stoch
Took EU instead of GU for +13 and took +16 on EJ. Was aiming for DP ON EJ but missed by ONE PIP! and whole number on EU but also fell just short. Green pips is green pips!
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #5,512
  • Oct 10, 2012 7:46am Oct 10, 2012 7:46am
Quoting scarlet pipe
Took EU instead of GU for +13 and took +16 on EJ. Was aiming for DP ON EJ but missed by ONE PIP! and whole number on EU but also fell just short. Green pips is green pips!

Very nice !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,513
  • Oct 10, 2012 7:49am Oct 10, 2012 7:49am
Quoting scarlet pipe
Took EU instead of GU for +13 and took +16 on EJ. Was aiming for DP ON EJ but missed by ONE PIP! and whole number on EU but also fell just short. Green pips is green pips!
Quoting Martyfish
Closed GU long + 11 pips

Tape: H1,M15,M5 + Stoch

Closed EJ long + 22 pips

Tape: H1,M15,M5 + Stoch
That's good trading in a tricky market
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,514
  • Oct 10, 2012 7:57am Oct 10, 2012 7:57am
Quoting realjumper
That's good trading in a tricky market
thx RJ

Just following your system

I was really happy with the GU trade, as I waited for the M15 HL - worked perfectly !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,515
  • Oct 10, 2012 7:59am Oct 10, 2012 7:59am
I might be stating the obvious for some, but the few candles pre-NY open seem to be very powerful. Genesis predicted a few good moves in the 30 minutes before NY open. More so than pre-London open.
  • #5,516
  • Oct 10, 2012 8:04am Oct 10, 2012 8:04am
Quoting Martyfish
thx RJ

Just following your system

I was really happy with the GU trade, as I waited for the M15 HL - worked perfectly !!
Nice! I got EU, EJ and CJ, but not GU......I mentioned before that I rarely trade GU....it has to be a no brainer on that pair before I get involved with it!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,517
  • Oct 10, 2012 8:05am Oct 10, 2012 8:05am
Quoting realjumper
That's good trading in a tricky market
Cheers RJ....
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #5,518
  • Oct 10, 2012 8:29am Oct 10, 2012 8:29am
Quoting idempotent
I might be stating the obvious for some, but the few candles pre-NY open seem to be very powerful. Genesis predicted a few good moves in the 30 minutes before NY open. More so than pre-London open.
If memory serves me right, one of Yelena's successful strategies was based on the movement pre NY open...
  • #5,519
  • Oct 10, 2012 8:34am Oct 10, 2012 8:34am
Quoting realjumper
Nice! I got EU, EJ and CJ, but not GU......I mentioned before that I rarely trade GU....it has to be a no brainer on that pair before I get involved with it!!
Very nice !!

I've been trading GU for over 3 years now, so I feel reasonably comfortable trading it.

But still get caught out occassionally with large fake outs
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,520
  • Oct 10, 2012 8:36am Oct 10, 2012 8:36am
Quoting olivierforex
If memory serves me right, one of Yelena's successful strategies was based on the movement pre NY open...
Will we ever see her back ???
I am a fallible imperfect person; so I must be a fallible imperfect trader.
13 traders viewing now