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Genesis Matrix Trading

  • #6,261
  • Oct 25, 2012 6:32am Oct 25, 2012 6:32am
Quoting scarlet pipe
Took same trade. Also short EJ, both on at BE........Lets see where they end up.
Closed EU +15, EJ BE.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #6,262
  • Oct 25, 2012 8:47am Oct 25, 2012 8:47am
Anyone get into EJ pivoting off R2 ?

Failed retest with a M15 hanging man candle

Entered on the first M5 tape

Patience is a virtue +45
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,263
  • Oct 25, 2012 9:54am Oct 25, 2012 9:54am
Quoting Martyfish
Anyone get into EJ pivoting off R2 ?

Failed retest with a M15 hanging man candle

Entered on the first M5 tape

Patience is a virtue +45
Got the CADJPY pivot off R2 almost the same trade.
Cheers!
  • #6,264
  • Oct 25, 2012 10:28am Oct 25, 2012 10:28am
Quoting baccarat
Got the CADJPY pivot off R2 almost the same trade.
Cheers!
There was a chat earlier this week about pivots off R2 !!

Think it was Oli and someone else, I was thinking of them as I waited for the trade setup

This is an awesome thread
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,265
  • Oct 25, 2012 11:04am Oct 25, 2012 11:04am
Hope everyone had a good day today and made some pips, I was not able to trade today. I showed a friend of mine my trade history and he wants to give me 5k to trade for him, I agreed and said I would want 25% of all profits. What would be a good way to set this up so his account is separate from mine but will still take my trades and I can make sure I get my 25% of his profits monthly? He does not have the time nor the experience to trade his own account and works a full time job at a very well known bank.
  • #6,266
  • Edited 11:28am Oct 25, 2012 11:26am | Edited 11:28am
Quoting Jandre
Hope everyone had a good day today and made some pips, I was not able to trade today. I showed a friend of mine my trade history and he wants to give me 5k to trade for him, I agreed and said I would want 25% of all profits. What would be a good way to set this up so his account is separate from mine but will still take my trades and I can make sure I get my 25% of his profits monthly? He does not have the time nor the experience to trade his own account and works a full time job at a very well known bank.
I honestly wish you well and good luck with that adventure. But be careful,there are some trades that start to lose because of the psychology shift, that's managing other peoples money, specially if the "client" is eager. So be careful.
  • #6,267
  • Oct 25, 2012 11:30am Oct 25, 2012 11:30am
Jandre,

My brothers have invested funds, that I trade with.

I just have it all in one account, and send reports (with a brokers statement) very month, showing the split of capital and profit.

I actually find it quite thereputic, having that rigour, of other people (admittedly family) looking at my profits, and questioning my performance.


Quoting Jandre
Hope everyone had a good day today and made some pips, I was not able to trade today. I showed a friend of mine my trade history and he wants to give me 5k to trade for him, I agreed and said I would want 25% of all profits. What would be a good way to set this up so his account is separate from mine but will still take my trades and I can make sure I get my 25% of his profits monthly? He does not have the time nor the experience to trade his own account and works a full time job at a very well known bank.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,268
  • Oct 25, 2012 11:33am Oct 25, 2012 11:33am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quote
realjumper
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.

Thanks RJ I'm hoping to be one who can vouch for the above and this week as a first week using Genesis is looking great.

+43 on GU trade but looked at money and thought that's enough, traded out about 10 seconds before the 30 pip jump!

I can't help feeling grateful though
Heading out today to share Genesis with a friend who helped me stay with forex just when I was ready to quit.
  • #6,269
  • Oct 25, 2012 11:41am Oct 25, 2012 11:41am
Quoting Martyfish
Jandre,

My brothers have invested funds, that I trade with.

I just have it all in one account, and send reports (with a brokers statement) very month, showing the split of capital and profit.

I actually find it quite thereputic, having that rigour, of other people (admittedly family) looking at my profits, and questioning my performance.
Yes, I think this will make me a better trader overall now that I have some one looking over my shoulder non stop, almost like a boss! lol We have discussed putting all the funds together in one account, I just don't want to be liable for his taxes and on top of that I would have to make him sign a lpoa. I'm trying to find a way we can keep the funds separate but still trade them together, that way it would also be easier to manage.
  • #6,270
  • Oct 25, 2012 11:55am Oct 25, 2012 11:55am
Quoting Jandre
Yes, I think this will make me a better trader overall now that I have some one looking over my shoulder non stop, almost like a boss! lol We have discussed putting all the funds together in one account, I just don't want to be liable for his taxes and on top of that I would have to make him sign a lpoa. I'm trying to find a way we can keep the funds separate but still trade them together, that way it would also be easier to manage.
Jandre

Look up 'trade copiers' for mt4. There are free ones available. Apparently they will copy any trades from one platform to another on the same computer. This will keep the funds separate.
  • #6,271
  • Oct 25, 2012 11:55am Oct 25, 2012 11:55am
Quoting Jandre
Yes, I think this will make me a better trader overall now that I have some one looking over my shoulder non stop, almost like a boss! lol We have discussed putting all the funds together in one account, I just don't want to be liable for his taxes and on top of that I would have to make him sign a lpoa. I'm trying to find a way we can keep the funds separate but still trade them together, that way it would also be easier to manage.
One clicker is what youre looking for Jandre, the free software should do if youve got fast fingers; if not get the pro-version for about 35 bucks; it affords placing the same trades instantly on different accounts from one console.


Ps. A word of caution: Make sure this friend is comfortable losing all his money, before trading begins!
  • #6,272
  • Oct 25, 2012 2:41pm Oct 25, 2012 2:41pm
Quoting Thoughts
One clicker is what youre looking for Jandre, the free software should do if youve got fast fingers; if not get the pro-version for about 35 bucks; it affords placing the same trades instantly on different accounts from one console.


Ps. A word of caution: Make sure this friend is comfortable losing all his money, before trading begins!
We already discussed this and the terms are if the account draws down 1k he is out! I believe it is highly unlikely that I will draw the account down that much as I have not done so in the past.
  • #6,273
  • Oct 25, 2012 4:35pm Oct 25, 2012 4:35pm
Thank you, use genesis in cfd (Bra50Dec2012) in trade activ Brocker, 100 pts gain in 15 min chart, sensational!!!
  • #6,274
  • Oct 25, 2012 4:47pm Oct 25, 2012 4:47pm
Quoting Demos4x
I honestly wish you well and good luck with that adventure. But be careful,there are some trades that start to lose because of the psychology shift, that's managing other peoples money, specially if the "client" is eager. So be careful.
These are the right words indeed: "psychology shift".
This will undoubtedly introduce different and new emotions: will you be able to trade more freely because at the end of the day it is not your money that is on the line (less hesitations) or will it be an extra burden because it is your friend's money and you care about him (more cautious).
I'm not saying that one is right and the other is wrong, far from it because trading is such a special animal, but this will reveal much about yourself...
  • #6,275
  • Oct 25, 2012 9:44pm Oct 25, 2012 9:44pm
There was a nice little short on the AU just before.
15 min divergence, pivot reaction, reaction to the moving average, aussie weakness, perfect in my eyes...

Hit the S1
  • #6,276
  • Oct 25, 2012 10:43pm Oct 25, 2012 10:43pm
Quoting bryce
There was a nice little short on the AU just before.
15 min divergence, pivot reaction, reaction to the moving average, aussie weakness, perfect in my eyes...

Hit the S1
Yes.....this one was a sitter! I took this one when I came in for afternoon coffee. Very cheap SL so I just left the trade to stop in a small loss or not. I set the TP to S1 and 'bingo'......tp hit +27. Love those trades!!
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 153 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,277
  • Oct 25, 2012 11:19pm Oct 25, 2012 11:19pm
Quoting realjumper
Yes.....this one was a sitter! I took this one when I came in for afternoon coffee. Very cheap SL so I just left the trade to stop in a small loss or not. I set the TP to S1 and 'bingo'......tp hit +27. Love those trades!!
Very, very, similar

Ok, exactly alike
  • #6,278
  • Oct 25, 2012 11:21pm Oct 25, 2012 11:21pm
Quoting bryce
Very, very, similar

Ok, exactly alike
But it wasn't coffee time for you....you cheated!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,279
  • Oct 25, 2012 11:28pm Oct 25, 2012 11:28pm
H1 Long & looking for LTF setups..

EURAUD H4:
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD H4 capture-20121026-062056.png Size: 59 KB
  • #6,280
  • Oct 25, 2012 11:48pm Oct 25, 2012 11:48pm
Quoting realjumper
But it wasn't coffee time for you....you cheated!!
Having one now if that counts...
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