Genesis Matrix Trading

Yes, the PA is stalling a little...I'm locking in some profits.

Out EU for an 11 pip gain.

Don't like the PA. Will look for a retracement and a potential re-entry...

Sorry....I can't help you with a chart like that.....it's nearly impossible for me to read it.

Check the settings on the arrow indi

out for +15 pips profit

Excellent! Never hurts to play it safe.

Profit is profit.

Potential short brewing in GU off of DP. News in 15 mins for GBP...

do i look a divergence here?

Looks like it but I'd be careful as EU has been in a downtrend recently.

Also spotted hidden bearish divergence in GU H1, FWIW...

I removed the two means

Here goes GU

Out with EURUSD +15 USDCHF +6

Braciola, ieri, solo una operazione era fattibile, alla fine della candela delle 8,35, poi ne ho analizzate altre 5 ma nessuna era ad alta probabilità di successo, se vuoi un consiglio,io ci sono gia passato, cerca di vedere i due stocastici nel loro complesso, ma fatti sempre guidare da quello a 5 minuti, deve essere andato in iper e deve essere ben chiara la sua tendenza. Lavora sui livelli psicologici e sulle R S PP, ma penso che tu già lo sappia. Io, ad esempio non entro se sul mio cammino non ho almeno 10 pip di luce fino al prossimo ostacolo.

yesterday, only one operation was feasible, at the end of the candle of 8.35, then I analyzed other 5 but none had high odds of success, if you want some advice, I would have already passed, try to see the two stochastic together, but let you always lead from that in 5 minutes, it should be gone in hyper and it must be evident the trend. Works on psychological levels and on RS and PP. I, for example, I don't place any trade if on my walk I have at least 10 pips of light until the next obstacle. (English)

grazie

for example this is a divergence from go buy??

I actually find your chart hurts my eyes to try and look at it. It really is horrible. Why have you got your stochs taking up nearly half the area?
Your candles are all squashed up and with the thick MA's and arrows superimposed over, I'm surprised if you have any idea what is going on.

Yesterday was not a good trading day. I did not have a single trade on my real money account.
The market was basically ranging and when that happens signals tend to occur at the top/bottom of the range.
Personally, I prefer to wait for a break-out of ranges, a retest of S/R as R/S and then take a signal in that direction.
There was only one good move with EU yesterday. That was the move down not long after FF open.
From yesterday's posts some made some good money off of that move, but that ship sailed without me.
The top blue box is the Asian range. Price broke above it at FF open, but only by 3 or 4 pips, so not much of a breakout.
Genesis signalled a short 20 minutes before London open (first vertical line), but it was only 7 pips above the bottom of the Asian range. So I didn't take it. It moved well, so with hindsight you may say that I was wrong not to take it, but that's the way I trade. It keeps me out of a lot of losers.
If there had been a retest of the breakout level and a new or continuation signal, I would have been in, but it didn't happen. C'est la vie.
The second vertical line is a buy signal. The previous 3 candles suggest that price is stalling and stoch has flattened off close to the 80 level. Against the big move direction, this is not a HP trade.
3rd vertical line a short signal, 7 pips above S1 - nuff said. Although this trade did go more than 10 pips in profit, so it would have given the opportunity to move SL to BE.
4th vertical line. Much the same as the previous long signal, but possibly a little stronger as price had made a higher low.
5th vertical line. Looking left we see a higher low and a lower high. This market has no direction at all! As well as that, price is only a few pips above S1. Would have worked out quite well thogh as 20 pips would have been on offer at 1 time.
6th - I would hope no explanation needed!
7th - PA showed signs of stalling previous 4 or 5 candles. But looking left we have a lower high. I would have probably taken this short, but I had given up by then as PA was so slow.

This is just my way of looking at the charts and not meant to be any sort of advice, but it may help you to look at your chart and not take signals too blindly.

M15 stocastic is going down, is not clear and the market has done till now Lower Low. I don't like this and I'haven't placed any orders.

I can only say I have made a real hash of my EU trades today.

B/E hit on 4 of them, not enough breathing room, and then I take 11 pips on another

Break time for a while

PS. these are all entries from the first signal, just to clarify, not multiple signals...

I agree with you Gumrai......

Braciola, until you can trade consistently with profit, I urge you to use the template as supplied in Post #1.

The other indicators as supplied by xaphod are great and extremely useful. But I think in your situation you would be better using the template as supplied in Post #1.....and DO NOT add any other indicator to the charts.....how many times do I have to say this???? You DO NOT NEED any other moving average or anything.

Learn to trade the system as supplied.

It is a tricky market today so far...ATR only 40 pips....

Today is going to be a little difficult to trade because there is attempt to change the recent trend.