Thanks jinchu for your time, Here are my questions again
1. At that time of the signal, the m15 stoch was not painted till that point, It was pointing upward at that time. I agree with the second reason.
2. I agree stoch m5 was overbought at that point but if you check the example trades from the start of this thread and many other trades in the history, Most of the good trades came when m5 was already on the OB level. I think it was the reason that most of the traders decided to bring in the 15 min stoch into the chart. So if you check that...
Hi,
firstly, different traders would trade genesis with their own trading style. this is how I trade genesis:
a. I will look at PA, is it uptrending or downtrending....
b. if it is uptrend, I will be looking for a Buy signal
b. I will only take contra trend trades when there is strong reason to do so, ie Stochastic Divergence, especially at HTF
d. Take not of Pivot positions before executing any trade
I do not take into account EMA 5 and arrow
so for your questions,
1. PA is downtrending
2. Price is still in downtrend, no stoch divergence, M5 overbought, and M15 still below 50, only positive is it bounce from S1, so more negative and positive, I would not buy.
3. I supposed you already understand for this one
4. when genesis signal appeared the M5 is still below 80, and there is a M15 Stoch Divergence plus bounce from S1, notice I said genesis signal, I did not wait for Arrow or HA above EMA
This is the last time I respond to this question,
Like RJ said, read through the whole thread, you'll find gems of advice everywhere
Do not just rely on Genesis 5-15 pdf only...
Failure leads to Success if one learns from mistakes and never give up
