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Genesis Matrix Trading

  • #6,481
  • Oct 30, 2012 5:26am Oct 30, 2012 5:26am
Quoting Gumrai
I've heard that size doesn't matter as long as when the momentum does get going, it doesn't fizzle out prematurely
Let see what will happen next,maybe the market will have some momentum later
  • #6,482
  • Oct 30, 2012 5:48am Oct 30, 2012 5:48am
No force behind any of the moves...zzz...if Forex was always like that i would be mad scalpin
  • #6,483
  • Oct 30, 2012 6:05am Oct 30, 2012 6:05am
Quoting baccarat
No force behind any of the moves...zzz...if Forex was always like that i would be mad scalpin
I'll give it a little bit longer.....time to make and drink one more coffee, then I might call it a day. It's been a pretty good day just on the strength of Frankie/London, so an early-ish night might be good.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,484
  • Oct 30, 2012 6:11am Oct 30, 2012 6:11am
FWIW:

The NYSE and Nasdaq, as well as bond markets, will remain closed for trading for a second consecutive day on Tuesday -- the longest weather-related shutdown in more than 120 years. With markets so interconnected, FX trading (which as we all know is not market-based) has also been affected, with volumes very low as long as these markets remain shut.

www.leaprate.com
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,485
  • Oct 30, 2012 6:26am Oct 30, 2012 6:26am
Quoting realjumper
I'll give it a little bit longer.....time to make and drink one more coffee, then I might call it a day. It's been a pretty good day just on the strength of Frankie/London, so an early-ish night might be good.
Great. I already gave up for today because of lack of experience and missed some good moves now . Need to show more persistence in the future..
  • #6,486
  • Oct 30, 2012 8:18am Oct 30, 2012 8:18am
I have to say, I am starting to enjoy trading Genesis, as I start to gel with it better. This enjoyment is actually a big deal, rather than coming to the charts like they are my enemy. I get less and less bound up, almost trying desperately to make the signal a good one, or trying to find any reason to not take a trade. It's more like I can look at the chart, apply the rules, and be happy to let a trade slide, or confident to take it if it meets the rules.

Tonight, 2.5 winning trades (I cut one short) and one loser.

I am still on demo, though. I want a few more consistent trading sessions under my belt before I go live with small amounts.

Hats off to the Genesis team, led of course by RJ. Everyone must walk this path themselves, but I appreciate the "seniors" here taking the time to help us.
  • #6,487
  • Oct 30, 2012 9:36am Oct 30, 2012 9:36am
Quoting baccarat
Great. I already gave up for today because of lack of experience and missed some good moves now . Need to show more persistence in the future..
I have also closed position on GU with +29 pips.
  • #6,488
  • Oct 30, 2012 9:42am Oct 30, 2012 9:42am
Quoting idempotent
I have to say, I am starting to enjoy trading Genesis, as I start to gel with it better. This enjoyment is actually a big deal, rather than coming to the charts like they are my enemy. I get less and less bound up, almost trying desperately to make the signal a good one, or trying to find any reason to not take a trade. It's more like I can look at the chart, apply the rules, and be happy to let a trade slide, or confident to take it if it meets the rules.

Tonight, 2.5 winning trades (I cut one short) and one loser.

I am still...
Everyone must walk this path themselves. Big yes to that.
  • #6,489
  • Oct 30, 2012 12:31pm Oct 30, 2012 12:31pm
Regarding the issue with pivots and closing/opening times for the daily candle, there are other pivot indis that do allow you to adjust them. Some people I have heard will even adjust them for each session. I am not going to post any for fear of being banned from the thread but i am sure a simple search on ff will do the trick.
  • #6,490
  • Oct 30, 2012 2:01pm Oct 30, 2012 2:01pm
Quoting bfis108137
Regarding the issue with pivots and closing/opening times for the daily candle, there are other pivot indis that do allow you to adjust them. Some people I have heard will even adjust them for each session. I am not going to post any for fear of being banned from the thread but i am sure a simple search on ff will do the trick.
LOL....no problem. In fact several have been posted here already, not that long ago either. Cody made a great one and it is posted here too. As soon as I get time I'll locate them and link them from Post#1 so everyone can find them.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,491
  • Oct 30, 2012 2:22pm Oct 30, 2012 2:22pm
  •  Baldi
  • | Joined Jan 2007 | Status: Reading news and comments... | 77 Posts
Hi Realjumper!
Thank you very much for your effort and sharing experience here on FF, I appriciate a lot your work and care for the thread and the members. I have started to learn your method, I read the posts in this topic and I read on the first post that you want to keep this method free from newer and newer, more and more indicators. As you wrote that you will collect a bunch of pivot indies, I would suggest and ask you to upload a template file too about the "standard look and standard settings" of the Genesis Matrix indies setups. I think it would be very helpful as it would provide an "origo", a default (and properly optimised) starting point of this wonderful system.
  • #6,492
  • Oct 30, 2012 2:27pm Oct 30, 2012 2:27pm
Quoting Baldi
Hi Realjumper!
Thank you very much for your effort and sharing experience here on FF, I appriciate a lot your work and care for the thread and the members. I have started to learn your method, I read the posts in this topic and I read on the first post that you want to keep this method free from newer and newer, more and more indicators. As you wrote that you will collect a bunch of pivot indies, I would suggest and ask you to upload a template file too about the "standard look and standard settings" of the Genesis Matrix indies setups. I think...
The template is in the zip file on Post#1 Baldi
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,493
  • Oct 30, 2012 4:32pm Oct 30, 2012 4:32pm
  •  Baldi
  • | Joined Jan 2007 | Status: Reading news and comments... | 77 Posts
Quoting realjumper
The template is in the zip file on Post#1 Baldi
Thanks, I have found it, it was hidden with a short name and small caps... : )
  • #6,494
  • Oct 30, 2012 5:57pm Oct 30, 2012 5:57pm
Quoting ohammond
These are the rules I have set for myself on M5 and how I would have seen EA today its how I'm approaching every single trade now with great success. Basically as soon as I hear myself say but.... I don't take it Note I'm not taking trading times into account quite deliberately.

1. No trade, bullish divergence but m15 stoch still in oversold area showing strength of downtrend.
2. No trade m15 stoch now crossed up
3. Trade, m5 and m15 stochs are up price made a higher low.
4. No trade, m5 stoch down but trying to cross up, m15 is still in...

Hi RJ,

don't you think the link to this post should be on 1st post?
it is a very good example of how to use genesis successfully by Olivia....
Failure leads to Success if one learns from mistakes and never give up
  • #6,495
  • Oct 30, 2012 5:59pm Oct 30, 2012 5:59pm
Quoting Cody_R
These indicators have identical behavior to their predecessors, but use Xaphod's ASCTrend1i indicator available here.

The MTF arrow indi should be updated to the post from Cody as well....
Failure leads to Success if one learns from mistakes and never give up
  • #6,496
  • Oct 30, 2012 6:58pm Oct 30, 2012 6:58pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
I like Genesis for easy entries, something I've found difficult to maintain consistently. This is great with smaller timeframes and I like the longer timeframes to maintain a trade and line up exit.
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  • #6,497
  • Oct 30, 2012 9:49pm Oct 30, 2012 9:49pm
Quoting jinchu
Hi RJ,

don't you think the link to this post should be on 1st post?
it is a very good example of how to use genesis successfully by Olivia....
Yes it's a good post, but she states on that post that her trades are outside the recommended hours and several other things. I agree, that the post is a good one, however, it really is for the more experienced users of the system and to introduce that from Post#1 might just confuse some new members. As they read the thread, they will come across it.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,498
  • Oct 30, 2012 9:56pm Oct 30, 2012 9:56pm
Quoting jinchu
The MTF arrow indi should be updated to the post from Cody as well....
Yup....it's done....thanks for the reminder....it's been a hectic past few days for me!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,499
  • Oct 30, 2012 10:16pm Oct 30, 2012 10:16pm
Hi,
I have a question for Wiz or anyone who worked on the PDF.
With exit strategy 2, ie closing a short position when a candle closes above the MA and higher than the previous candle high.
The first exit shown on the diagram and shown as OK doesn't appear to have closed higher than the previous candles high.
Is this because HA candles are used?
My question is whether we use the actual candle close or the body of the HA candle.
I just want to be sure that I have understood this correctly
Thanks
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Please Do Not PM Me With Coding Enquiries
  • #6,500
  • Oct 30, 2012 11:51pm Oct 30, 2012 11:51pm
Are we happy to trade EU short? Why would/wouldn't we? (Apart from just before Frankie Open)

I did have a chart attached..........
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