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Genesis Matrix Trading

  • #7,481
  • Nov 15, 2012 3:58am Nov 15, 2012 3:58am
Quoting realjumper
I've been babysitting the AU short since it began earlier today......
I too saw that entry but missed it as i was busy looking at EU. Good luck to you. I am also thinking of manually trailing this entry till S2.
  • #7,482
  • Nov 15, 2012 4:02am Nov 15, 2012 4:02am
Quoting insainty
I too saw that entry but missed it as i was busy looking at EU. Good luck to you. I am also thinking of manually trailing this entry till S2.
It's hard to get all the good ones when they come at more or less the same time. I took the aussie crosses (AU and EA) instead of the Yen crosses which would have been more profitable, but I still have a good haul so I'm not complaining
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,483
  • Nov 15, 2012 4:05am Nov 15, 2012 4:05am
Quoting realjumper
Your EJ trade went well
Thanks RJ,
So far so good......
  • #7,484
  • Nov 15, 2012 4:08am Nov 15, 2012 4:08am
Quoting realjumper
I've been babysitting the AU short since it began earlier today......
My low light of the day has been this trade.

Got cute with my stop and was snagged for a few pips profit.

However, EJ has continued to line the pocket, a few more and that's the day

PS. Just jumped ship and locked profits :-)
  • #7,485
  • Nov 15, 2012 4:12am Nov 15, 2012 4:12am
Quoting realjumper
It's hard to get all the good ones when they come at more or less the same time. I took the aussie crosses (AU and EA) instead of the Yen crosses which would have been more profitable, but I still have a good haul so I'm not complaining
had a nice genesis 15min long entry on eurjen from 100.55, exited at dp that day with half position. BE and hold was the plan for the rest. Lived through the pullback, happy me. Logged in at midnight, messed up, tried to be smart.

I was bashing my head so hard the other day not keeping to the rules and the plan (about over it now, but still looking at that chart makes me chuckle heh).
  • #7,486
  • Nov 15, 2012 4:17am Nov 15, 2012 4:17am
Quoting realjumper
It's hard to get all the good ones when they come at more or less the same time. I took the aussie crosses (AU and EA) instead of the Yen crosses which would have been more profitable, but I still have a good haul so I'm not complaining
Just a quick question: Are AudUSD and NzdUSD totally related? Because yesterday they both were moving together but today i am seeing a lot of mis match between those 2 pairs.
  • #7,487
  • Nov 15, 2012 4:29am Nov 15, 2012 4:29am
Quoting insainty
Just a quick question: Are AudUSD and NzdUSD totally related? Because yesterday they both were moving together but today i am seeing a lot of mis match between those 2 pairs.
The rumour is that the RBA is selling AUD to try and bring the AUD down because it is over valued and is hurting the exporters. Whether the rumour is true or not, who knows?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,488
  • Nov 15, 2012 4:35am Nov 15, 2012 4:35am
Quoting realjumper
The rumour is that the RBA is selling AUD to try and bring the AUD down because it is over valued and is hurting the exporters. Whether the rumour is true or not, who knows?
I sincerely hope so . BTW your thread just reached 500 pages Congrats
  • #7,489
  • Nov 15, 2012 4:38am Nov 15, 2012 4:38am
Quoting insainty
I sincerely hope so . BTW your thread just reached 500 pages Congrats
*Our* thread
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,490
  • Nov 15, 2012 4:38am Nov 15, 2012 4:38am
Quoting olivierforex
Anyone still long EY or CY?
1) If CY is indeed the leader today, note that it has now broken above its MP at 84.83 and it could take EY to its own MP at 102.58
2) both have now cleared R3
3) a quick exercise to find a decent place for your (trailing) stops (TSL): measure the size of all the pullbacks/retracements today and have it below that number + a handful of pips if you want to stay in for a possible longer term trade and at the same time not give back too much should they both turn south
Did anyone bother to do that worthwhile exercise?
It wouldn't have worked on EY but CY was nearly textbook. This was posted at the time of the yellow line after we started talking about re-entry in a strong trend (this current trend started at the red line around 84.10) as some traders had been stopped at BE too early and seen the market power up without them.
Pullbacks 1-3: 12.1 pips - 23.2 - 16.4 ----> set your TSL at 23.2 + 5 (handful) = at least 28.2 pips below the most recent high.
Pullbacks 4-6: 25.5 - 29.2 -29.8
On pure math yes you could have been stopped out but basic PA says that the first steps at the end of an uptrend is a LL (Lower Low) at the very least and we didn't get one (I probably should have mentioned that again but it's not always possible to target every posts to all the traders in here).
To recap where to hide your SL (Trailing or not) in a strong uptrend:
1) at least below the most recent low (more important than 2))
2) calculate the pullbacks in pips and have it at least below that number + a handful of pips.
Shallow pullbacks tell you that traders are desperate to join the uptrend and they think/know that if they set their entries too low they might/will not get in....
150+ pips on a M5 chart ! No Psar, MA ... can replace just a little bit of extra work!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 50 KB
  • #7,491
  • Nov 15, 2012 4:54am Nov 15, 2012 4:54am
After the pullback on EU, 5 min chart, I've put on a long entry
  • #7,492
  • Nov 15, 2012 6:02am Nov 15, 2012 6:02am
Closed the AU entry for +16. Did not have the guts to wait till S2. Very happy with the results.
  • #7,493
  • Nov 15, 2012 6:06am Nov 15, 2012 6:06am
Quoting insainty
Closed the AU entry for +16. Did not have the guts to wait till S2. Very happy with the results.
Yup....I closed all mine a while ago too. It's been a good day and there is some news coming soon that might provide an opportunity. I see that Bernanke is going to be yappin later, but I'll be asleep for that
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,494
  • Nov 15, 2012 6:18am Nov 15, 2012 6:18am
Quoting realjumper
Yup....I closed all mine a while ago too. It's been a good day and there is some news coming soon that might provide an opportunity. I see that Bernanke is going to be yappin later, but I'll be asleep for that
Great. I too had a good day. Hope everyone else did I am going away as well. Bye
  • #7,495
  • Nov 15, 2012 6:20am Nov 15, 2012 6:20am
Quoting insainty
Great. I too had a good day. Hope everyone else did I am going away as well. Bye
Glad you had a good day.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,496
  • Nov 15, 2012 7:24am Nov 15, 2012 7:24am
USA news 5 minutes.......fwiw
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,497
  • Nov 15, 2012 8:34am Nov 15, 2012 8:34am
As I was going through this great thread, I noted that someone had posted the percentage of times the PA hits S1, S2, S3 or R1, R2, or R3 if the trade originated off the DP. Does anyone recall this post? Is there anyone who trades pure Genesis on the 4HR?Thanks
Without vision, the people will perish.
  • #7,498
  • Nov 15, 2012 8:52am Nov 15, 2012 8:52am
Quoting bythepound
As I was going through this great thread, I noted that someone had posted the percentage of times the PA hits S1, S2, S3 or R1, R2, or R3 if the trade originated off the DP. Does anyone recall this post? Is there anyone who trades pure Genesis on the 4HR?Thanks

Is this the one?
http://www.forexfactory.com/showthre...60#post6128560

http://www.forexfactory.com/showthre...59#post6128759
  • #7,499
  • Nov 15, 2012 9:08am Nov 15, 2012 9:08am
Quoting realjumper
Your EJ trade went well
Finally stopped out at +77 pips
So i end the day happy with my first Genesis trade.
Thanks to everyone on the Genesis team.

Ta Hui
Attached Image (click to enlarge)
Click to Enlarge Name: ej 151112 17-00 5min.gif Size: 22 KB
  • #7,500
  • Nov 15, 2012 9:15am Nov 15, 2012 9:15am
Hi o/

I have a request for Genesis Team.

A master might make a recapitulatif eurusd on the day please with this model : http://www.forexfactory.com/showthre...80#post5884880


Thanks you. I still find it hard to filter false signals.
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