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Genesis Matrix Trading

  • #6,881
  • Nov 6, 2012 3:04am Nov 6, 2012 3:04am
Already reached my goal of at least 1% ROC today (up 3%).

Gonna call it quits for today as I do not like the PA...

Good luck everyone!
  • #6,882
  • Nov 6, 2012 3:05am Nov 6, 2012 3:05am
Quoting sho
Already reached my goal of at least 1% ROC today (up 3%).

Gonna call it quits for today as I do not like the PA...

Good luck everyone!
Well done Sho
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,883
  • Nov 6, 2012 3:10am Nov 6, 2012 3:10am
Just wanted to introduce myself and get involved..

I've been reading up on this system for the past few weeks and started trading it yesterday (1 win, 1 loss on EU). I'm looking forward to getting more comfortable and learning here. My main thing is trying to sit on my hands and wait for a 'high probability' setup as I've seen Realjumper post.
  • #6,884
  • Nov 6, 2012 3:14am Nov 6, 2012 3:14am
Quoting a222a
hi,
wonderful job done here - full respect to all team.
I have question about 5 min arrows - when i try to look back in history they are drawed only 2 days in past - is it normal ?
Is it possible to have drawed 5 min arrows more than a week or more back?
Thanks in advance for answer
Hi a222a,
In this post from Cody there is the latest version of the MTF Arrow (if you also want the M15 Arrow on a M5 chart) + link to the M5 Arrow version that goes as far back as you want (ASCTrend1i) if you leave 'Bar Count' to 'zero' in the Input Tab
http://www.forexfactory.com/showthre...29#post6137829
  • #6,885
  • Nov 6, 2012 3:14am Nov 6, 2012 3:14am
Quoting realjumper
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.
the bank just gave me borrow another $ 20,000, with 20,000 yesterday were lost, I start from scratch
  • #6,886
  • Nov 6, 2012 3:19am Nov 6, 2012 3:19am
Quoting rotmos
Today is going to be a little difficult to trade because there is attempt to change the recent trend.
I lost the first good signal at 8.05 GMT+1, I had to carry my son at school , and now nothing happens. Speaking with a friend of mine we agree this week will be very difficult to trade, I suggest to trade only clear signal, but this advise is just the Genesis main principle. Thank's RJ
  • #6,887
  • Nov 6, 2012 3:20am Nov 6, 2012 3:20am
Quoting braciola
the bank just gave me borrow another $ 20,000, with 20,000 yesterday were lost, I start from scratch
Given what you have lost already, and now you are going to try to trade borrowed money, I beg you to stop this please.

You MUST open a small $100 account and not trade any other account until you turn that $100 into $200.

PLEASE stop.

If you persist I will not respond to any more of your posts because I do not want to be a part of your financial ruin.

I'm not joking, this is serious.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,888
  • Nov 6, 2012 3:30am Nov 6, 2012 3:30am
Quoting realjumper
Given what you have lost already, and now you are going to try to trade borrowed money, I beg you to stop this please.

You MUST open a small $100 account and not trade any other account until you turn that $100 into $200.

PLEASE stop.

If you persist I will not respond to any more of your posts because I do not want to be a part of your financial ruin.

I'm not joking, this is serious.
Condivido appieno. Non fare ulteriori minchiate. Ho commesso il tuo stesso errore la fretta di recuperare denaro mi aveva fatto perdere ancora più soldi fino a che non mi sono fermato. Adesso la musica è cambiata ma ci vuole pazienza, molta pazienza e vedrai che i soldi ti cresceranno come i peli sul petto.

I agree. Don't do any other "minchiate". I have done your same mistakes, but I never borrrow money from the bank, and due to the hurry to recover my capital I lost more and more till I stopped. Now the sound has changed but you need patience, a lot of patience but after you will se your bank account grow up as peel on your breast.
  • #6,889
  • Edited 3:32am Nov 6, 2012 3:31am | Edited 3:32am
Quoting braciola
the bank just gave me borrow another $ 20,000, with 20,000 yesterday were lost, I start from scratch
I hope that something has been lost in your English.
Please confirm that by "borrow" you mean that you are trading a demo account and not that you are borrowing real money to trade on a real account !
Please Do Not PM Me With Coding Enquiries
  • #6,890
  • Nov 6, 2012 3:36am Nov 6, 2012 3:36am
Quoting Gumrai
I hope that something has been lost in your English.
Please confirm that by "borrow" you mean that you are trading a demo account and not that you are borrowing real money to trade on a real account !
real trade, the problem is not only 20,000 so far, better not say anything
  • #6,891
  • Nov 6, 2012 3:48am Nov 6, 2012 3:48am
Quoting braciola
real trade, the problem is not only 20,000 so far, better not say anything
Please take note of RJ's words, he speaks the honest truth !!

Do not trade with borrowed money, it can only lead to ruin.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,892
  • Nov 6, 2012 3:48am Nov 6, 2012 3:48am
Quoting b_trader
Just wanted to introduce myself and get involved..

I've been reading up on this system for the past few weeks and started trading it yesterday (1 win, 1 loss on EU). I'm looking forward to getting more comfortable and learning here. My main thing is trying to sit on my hands and wait for a 'high probability' setup as I've seen Realjumper post.
Welcome to the thread b_trader. With the election happening.....it's anyone's guess which way the PA will go....and how far it will go....maybe both ways!!!

Last time we were in this position there were some pretty big swings the day before and on the actual day, so we need to be patient and careful.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,893
  • Nov 6, 2012 3:55am Nov 6, 2012 3:55am
Quoting braciola
real trade, the problem is not only 20,000 so far, better not say anything
You need to take a good look at yourself and what you are doing.
I have known people who have lived to trade/gamble. Their whole life is cycles of hope, elation and despair.
If you recognise this in yourself, be warned, you do not have the mindset to be a trader and you will probably lose everything.
Please Do Not PM Me With Coding Enquiries
  • #6,894
  • Nov 6, 2012 4:05am Nov 6, 2012 4:05am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quote
Gumrai Quote:
Originally Posted by braciola http://images.forexfactory.net/buttons/viewpost.gif
real trade, the problem is not only 20,000 so far, better not say anything


You need to take a good look at yourself and what you are doing.
I have known people who have lived to trade/gamble. Their whole life is cycles of hope, elation and despair.
If you recognise this in yourself, be warned, you do not have the mindset to be a trader...

and excuse me for adding, but if you were a good gambler you would know to speculate a LITTLE to make a lot - thus, the recommendation to use a $100 account first.
  • #6,895
  • Nov 6, 2012 4:15am Nov 6, 2012 4:15am
Took EJ Long when it got rejected on S1 but closed with +3 because PA was struggling to find a direction and fear took over me. After i closed it went to my TP though. Hope i will lose this fear as time goes
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  • #6,896
  • Nov 6, 2012 4:32am Nov 6, 2012 4:32am
Quoting insainty
Took EJ Long when it got rejected on S1 but closed with +3 because PA was struggling to find a direction and fear took over me. After i closed it went to my TP though. Hope i will lose this fear as time goes
Focus on the fact that you saw a good setup, congratulate yourself that you understand your system, and your setup gives accurate timely signals.

This was another perfect example, ignore the news and watch PA + Genesis.

Great Genesis setup + 24

Patience a virtue today
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,897
  • Nov 6, 2012 4:39am Nov 6, 2012 4:39am
Quoting Martyfish
Focus on the fact that you saw a good setup, congratulate yourself that you understand your system, and your setup gives accurate timely signals.

This was another perfect example, ignore the news and watch PA + Genesis.

Great Genesis setup + 24

Patience a virtue today
Thats the way to look at it!
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #6,898
  • Nov 6, 2012 4:51am Nov 6, 2012 4:51am
Quoting insainty
Took EJ Long when it got rejected on S1 but closed with +3 because PA was struggling to find a direction and fear took over me. After i closed it went to my TP though. Hope i will lose this fear as time goes
Fear & Greed the 2 best enemies and friends of traders....
At the moment you might be kicking yourself for missing out on those pips because of the fear that your position could have turned from a win to a loss.
At first look on this occasion fear was your enemy (you missed out on many pips) but it can also become a good friend of yours if it's also there when a position runs into trouble and it makes you respect your SL.
No respect of SL = lack of fear that a position can get worse & worse & ... = eventually your luck runs out & account ---> £0.
You may not yet make the pips that you want but you are at least preserving your trading capital, because without capital you can't trade.
  • #6,899
  • Nov 6, 2012 5:04am Nov 6, 2012 5:04am
Quoting Martyfish
Focus on the fact that you saw a good setup, congratulate yourself that you understand your system, and your setup gives accurate timely signals.

This was another perfect example, ignore the news and watch PA + Genesis.

Great Genesis setup + 24

Patience a virtue today
Yes it was a great setup and i was very confident when i entered and when i look now i feel so stupid to close the trade. As you said i am very happy that i am getting to understand the system better every day. I am sure i will learn to be patience
  • #6,900
  • Nov 6, 2012 5:08am Nov 6, 2012 5:08am
Quoting olivierforex
Fear & Greed the 2 best enemies and friends of traders....
At the moment you might be kicking yourself for missing out on those pips because of the fear that your position could have turned from a win to a loss.
At first look on this occasion fear was your enemy (you missed out on many pips) but it can also become a good friend of yours if it's also there when a position runs into trouble and it makes you respect your SL.
No respect of SL = lack of fear that a position can get worse & worse & ... = eventually your luck runs out...
You are absolutely right. Some times this fear has helped me save the pips i have earned so i guess only experience will teach us how to manage this fear for maximizing the profits and minimizing the losses. The biggest fear i had on this trade was not losing the pips i earned on the earlier EU trade thats why i closed with +3 but again +3 is better than losing more
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