Genesis Matrix Trading

Thank you for your reply Oli, very helpful
Problem was that I didn't quite like the look of the original signal. In no man's land a bit. halfway between the DP and R1, also just at the most recent high. It would have worked out well, but without the benefit of hindsight at the time I didn't consider it High probability.
My trade is slightly negative at the mo, so will see how it works out. (Only demo, BTW)

Hello,
the problem with LFH Trade Simulator is that it doesn't replicate the MTF Stochastic, so you won't be able to see M15 stoc. It appears as a flat line, not very useful. So it is not very adequate for this strategy. But you can still use it to train yourself on the classic entries.

ok point taken

ok you have respect to RJ and you dont want show here but
If you cant mention here and if you use some other indies why are you writing how much you making pips. Bro you write everyday over 100 pips.

finally it isnt Genesis so that you cant show.

If you are an experienced trader there's nothing wrong with using other indicators...I have my own indicators that I use that complement Genesis extremely well. In fact, Genesis, for me, is an awesome entry signal. But, I will never post a chart here out of respect for the thread. I will also never mention a trade that wasn't entirely Genesis (i.e., I did not use indicators other than Genesis to determine entry). It's not a bad thing to use other indicators with the big caveat being that you must already be an experienced trader and you don't post in the thread. A trading method is really a reflection of that trader and so it's unavoidable that an experienced trader will make the method their own.

However, newbies should definitely ONLY use Genesis and follow the Genesis rules or they will get confused.


Also, I make every effort to post my trades as they occur instead of after-the-fact. I did post one after-the-fact brag yesterday so someone slap me on the hand

Hi Marviin,
thanks for you reply.
I shall take this into account.

There has been a lot written throughout this thread regarding non-Genesis indicators.

The mere discussion of other trades denigrates the system as it was designed. The use of another indicator detracts from the experience garnered by others in learning the system as intended by its founders.

We have all searched for the next best thing and I'm sure there are plenty of us that will continue to seek the "holy grail". Where this all falls down is in the continued searching and never settling on the one method.

What we have here is a method that "IF" traded as designed can and will make you a steady profit. You will learn patience and will be a better trader for learning this method inside out.

So distracting others with the mention of other methods isn't doing them any good.

Please desist.

I agree with all said above, and I will stop posting such trades.

Dont want to upset people

Apologies

But the trade I mention had M5 Genesis tape, with H1 & H4 tape support

Trend, ie tape is stronger than momentum

All my trades have Genesis fundemntals behind them

It probably is the case that many folks typed up the recent answers at the same time, and the intent wasnt to repeat whats already been said. I believe the reason this thread is great is because we are all here.

If you have a trending market, momentum, ie stochs, can easily get twisted up.

GU was in a strong trend !!

Marty, I want to say that I wasn't having a go at you (not my thread, not my rules...) just pointing out something.
Maybe what should be done is people posting at least the time of entry, even if it is after the fact, so that people can at least look what the setup was like then and either learn from it or make their own mind whether it was a trade to be considered or not in their view.
I'm in the same boat as you with having 'non-standard-setup' charts but I have to respect RJ's view on this even if it pains me at times lol because without discipline this thread will turn into a free-for-all and the people who it was designed to help will benefit less and less from it.
Any suggestions?

Short entry.

It is couner trend entry, but:
1. M15 stoch div
2. LH
3. all candle below MA
4. arrow

SL moved to BE

Well, my trade on Gold has entered a period of consolidation, moving in and out of profit.
The good thing is that the high that was broken now seems to be acting as resistance. As we all know, when a market enters consolidation, the highest probability is that it will break and continue in the same direction.
So I'm still hanging inb with this trade, but ready to close the trade if it happens to break out below the consolidation zone.

Oli,

I understand RLs rules as well, and they make sense.

But there is no doubt we have a good array of strong traders here.

The rules on the front say this is NOT a system for newbies.

And I cant remember where I read it, but it was on some Genesis material, that said, and I paraphrase here:

Genesis can be incorporated into your existing system.

The only solution would be to have another thread, for "Genesis Additives", but, that would imply Genesis needs development, or other indicators ??

Oli, if you have a favourite non-Genesis indie, Then based on my belief in you as a very accomplished trader, I would be very keen to share

I feel I need stronger stochs, so I get HPT !!

That, I believe is not contrary to Genesis system

Took same trade. Also short EJ, both on at BE........Lets see where they end up.

Ok.....I have sat in the background on this issue today to see how you all feel and what you think. Most of you understand why outside indies are not allowed here, but Marty also makes some valid points.

It's true, this is not a system for newbies......but by that (and perhaps I should amend Post #1 to make it crystal clear), I meant that this is not for newbies *to fx trading*. Many newbies think they can go to post 1 of any thread, download a system and start printing their own money!! In fact I expect many people here now thought that at one time too......I know I did.

But if that was allowed to happen here, newbies would lose, if they were dumb enough to use real money. If they just demoed, they would still lose and become disheartened and/or bombard the thread with newbie questions....hence, the link to the school of pipsology on Post #1.

As we can see, using stochastics is not an easy thing to master, but many here are now doing very well with stoch and they are appreciating it's value and simplicity. That is something that a newbie (to fx trading) will never get his/her head around.

So, this system is not for them.

The reason why no other indicators will be allowed is simple. The system works, and it works well as it is. If someone with a year or two of struggling to be consistently profitable comes here and uses the system as is, they will be on the path to consistent profitability. However, if I wasn't so strict on the indi issue, by now people would see charts with various THV indicators, Coral, all manner of MA crosses, SAR, Inchimoku clouds, harmonic patterns etc etc etc......and then this thread would look like any other here at FF.....and the very people we are trying to help would see this thread as just another mongrel system that is complicated and open to all sorts of predictions and interpretations.

Who will win?......the brokers, that's who!!!

When people become consistently profitable with Genesis, they may well add their own indies to make the system even more profitable....and that's great....I love it. But hopefully, by then, they will realise that others who are joining our thread are in the same position that they once were themselves.

And what do they need? They need a consistent, easy(ish) system with pages and pages of examples with all the same charts, and a group of profitable Genesis traders to help them to become profitable.

And that's the reason why outside indicators have to be kept off the thread.

I hope that clears a few things up.

Market is telling me that it doesn't want to give me a profit on my Gold trade and I have to listen. So have closed with minus 20 points.
Can't win them all, so on to the next trade when it presents itself

WELL SAID CHICO

also as someone said earlier,nice to see success but post the trades so we can learn based on Genesis.
otherwise it's just boasting and we don't need empty headed showoffs

Genesis is a good system to instill disciple & patience for newer traders (& oldies too) to wait for the optimal setup based on a few simple rules.. Most systems will work during strong trends but an optimal LTF Genesis setup also works good during small periods of consolidation.. especially if one is scalping for "20 pips" with the M5 matrix.. Most of the time, the setup will give you the "meat" of the move.. however, having the patience to wait for the setup & a retest entry could reduce the size of the stops for scalping..
Over-time, one could complement Genesis with other "tricks of the trades" but that's beyond the scope of this thread..