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Genesis Matrix Trading

  • #6,621
  • Nov 1, 2012 4:39am Nov 1, 2012 4:39am
Quoting realjumper
What are your reasons for this entry?
just based on genesis signal. please light me, rj. i'm still learning
  • #6,622
  • Nov 1, 2012 4:41am Nov 1, 2012 4:41am
Quoting vahn
re-enter short for e/u
The Stochastic is bad and its hitting S1, I would def keep a tight stop. Not a high probability trade.
  • #6,623
  • Nov 1, 2012 4:43am Nov 1, 2012 4:43am
Quoting Jandre
The Stochastic is bad and its hitting S1, I would def keep a tight stop. Not a high probability trade.
ic ic. can you explain more about bad stochastic. did it cross the 80 level and trending down?
  • #6,624
  • Nov 1, 2012 4:47am Nov 1, 2012 4:47am
Quoting vahn
just based on genesis signal. please light me, rj. i'm still learning
Well......it's clear that the PA is sitting on on a major support area...S1. Also, the M5 stoch and the M15 stoch do not support a short entry as a high probability trade.

If you're not going to pay attention to the indicators, it's a bit pointless having them. It would be good idea to clean up your charts so that you can clearly see what's going on. You don't need all that stuff on the charts.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,625
  • Nov 1, 2012 4:47am Nov 1, 2012 4:47am
Quoting vahn
ic ic. can you explain more about bad stochastic. did it cross the 80 level and trending down?
When the 5 and 15 min stochastic are moving in tandem together leaving 80 or 20 with a good distance away from a support or resistance you have a high probability trade.
  • #6,626
  • Nov 1, 2012 4:48am Nov 1, 2012 4:48am
Quoting vahn
ic ic. can you explain more about bad stochastic. did it cross the 80 level and trending down?
Plenty of information regarding stoch on the links provided on Post #1, and more throughout the thread
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,627
  • Nov 1, 2012 5:16am Nov 1, 2012 5:16am
thanks for all your enlightenment.

i follow RJ suggestion, i will clear the chart to basic template and make sure to understand about it. thanks, rj
  • #6,628
  • Nov 1, 2012 5:18am Nov 1, 2012 5:18am
Quoting medici
Here are my 2c on this, and I hope it isn't off-thread:

The chart pattern developing (solid yellow lines) before this short signal is a the beginning of a bullish butterfly pattern. (See http://www.harmonictrader.com/price_patternsbfly.htm)

This is a sign of bear weakness, so when you see that pattern be prepared for a battle at the bottom level.

So one may take this signal (I did on shorter timeframe) but be prepared for the likely event of the butterfly pattern completing (dotted line) with a reversal up.

There may still be a break...
No......sorry medici.....we do not engage in ANY kind of predictions here, and harmonic patterns are both predictive and off topic.

The point of this thread is to stay completely away from all that stuff and for the people to master the Genesis system.

I don't want the thread to deviate because there are scores of threads here that deal with predictions. This is not one of them.

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,629
  • Nov 1, 2012 5:30am Nov 1, 2012 5:30am
i think it would be very helpful if anyone can gives more trading examples like Olivia post to make us understand about the system.
  • #6,630
  • Nov 1, 2012 5:32am Nov 1, 2012 5:32am
Quoting vahn
i think it would be very helpful if anyone can gives more trading examples like Olivia post to make us understand about the system.
Vahn......there are plenty of examples throughout the thread. All you have to do is read it!!!!! Everything is available......just spend some time reading and learning.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,631
  • Nov 1, 2012 5:35am Nov 1, 2012 5:35am
Quoting realjumper
Vahn......there are plenty of examples throughout the thread. All you have to do is read it!!!!! Everything is available......just spend some time reading and learning.
ok, RJ. thanks.
  • #6,632
  • Nov 1, 2012 5:36am Nov 1, 2012 5:36am
Quoting realjumper
No......sorry medici.....we do not engage in ANY kind of predictions here, and harmonic patterns are both predictive and off topic.

The point of this thread is to stay completely away from all that stuff and for the people to master the Genesis system.

I don't want the thread to deviate because there are scores of threads here that deal with predictions. This is not one of them.

RJ
Point taken, RJ, and the post has been deleted. I respect and admire the generous spirit of sharing in which this thread is run so more than happy to comply.

Still, one may fully adhere to and practice the "no prediction" philosophy (as I do) and use chart patterns in a non-predictive way just as much as support/resistance and pivot levels.

Having said that, I was about to add to my post that the stochastics is a convenient and more compact way of keeping track of these things, so no need to read up on esoteric patterns.

Will try not to deviate from now on...
  • #6,633
  • Nov 1, 2012 5:40am Nov 1, 2012 5:40am
Quoting vahn
ok, RJ. thanks.
I don't mean to be a pain in the ass vahn, but I can tell that you haven't read much of the thread. Another poster, who I won't name but who has very obviously read everything on this thread is doing very well in his trades and analysis. We have done a lot of work to bring this system to the people, all you have to do is spend some time reading it and learning it. Most of your questions will have been answered several times already, but feel free to ask for clarification if something is still not clear *after* you have read the thread!! The market will still be here when you have finished reading
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,634
  • Nov 1, 2012 5:45am Nov 1, 2012 5:45am
Quoting medici
Point taken, RJ, and the post has been deleted. I respect and admire the generous spirit of sharing in which this thread is run so more than happy to comply.

Still, one may fully adhere to and practice the "no prediction" philosophy (as I do) and use chart patterns in a non-predictive way just as much as support/resistance and pivot levels.

Having said that, I was about to add to my post that the stochastics is a convenient and more compact way of keeping track of these things, so no need to read up on esoteric patterns.

Will try...
Thanks medici. I have used harmonic patterns in the past with quite some success.....but it is an acquired skill! If we were to 'get into' that here, then we would open the door to other things like for example, Elliot Waves, Ichimoku clouds and a whole host of other things, and this thread would soon look like dozens of others here at FF!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,635
  • Nov 1, 2012 6:11am Nov 1, 2012 6:11am
With my EJ trade earlier, I had things to do and was glancing at the screen occasionally to see if I should exit or not.
Maybe because I'm more used to H1 charts, I failed to notice that my internet connection had disconnected.
So my stop never got hit, I didn't see the opposite signal and so still in the trade.
One gets a bit of luck now and again
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Please Do Not PM Me With Coding Enquiries
  • #6,636
  • Nov 1, 2012 6:12am Nov 1, 2012 6:12am
I´m long long since 103,47.

GENESIS + support H1.

Still in !
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  • #6,637
  • Nov 1, 2012 6:17am Nov 1, 2012 6:17am
Quoting realjumper
I don't mean to be a pain in the ass vahn, but I can tell that you haven't read much of the thread. Another poster, who I won't name but who has very obviously read everything on this thread is doing very well in his trades and analysis. We have done a lot of work to bring this system to the people, all you have to do is spend some time reading it and learning it. Most of your questions will have been answered several times already, but feel free to ask for clarification if something is still not clear *after* you have read the thread!! The market...
i understand what you mean, rj. i realized that i have not read thoroughly to make me more understand about genesis system. it's very grateful, you and your team can share this system to us. thanks.
  • #6,638
  • Nov 1, 2012 6:33am Nov 1, 2012 6:33am
Quoting werther
I´m long long since 103,47.

GENESIS + support H1.

Still in !

Nice trade, I'm in with you

Although I got 103.51
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,639
  • Nov 1, 2012 7:07am Nov 1, 2012 7:07am
is there a way how to get the arrow to arrow mtf candle closing, I will not see her in the opening
  • #6,640
  • Nov 1, 2012 7:12am Nov 1, 2012 7:12am
ADP Non-Farm Employment Change.... 2 minutes
Doing what you like is Freedom. Liking what you do is Happiness.
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