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Genesis Matrix Trading

  • #7,721
  • Nov 24, 2012 4:19pm Nov 24, 2012 4:19pm
Quoting olivierforex
A couple of things on templates (for those who don't know) and on posting your charts (for those using non-standard Genesis ones):

1- once you have your chart set up exactly the way you want (including non-Genesis indicators if you have) ---> right-click on an empty area of the chart ---> Template ---> Save Template ---> give it the name you want ---> click 'Save'
2- remove the offending (lol) indicators (don't worry you have saved your layout in step 1) & when this is done repeat all the steps decribed in 1- but this time give your template a...
Note that when switching templates any objects that you have placed manually on the chart since last saving the template will be lost.
Objects are trendlines, vertical lines, text etc
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  • #7,722
  • Nov 24, 2012 5:49pm Nov 24, 2012 5:49pm
Quoting Gumrai
Note that when switching templates any objects that you have placed manually on the chart since last saving the template will be lost. Objects are trendlines, vertical lines, text etc
Of course, but thanks anyway for pointing that out Gumrai; I was just posting something that I had intended to do last week, ie a simple way for traders to post their amended non-compliant charts for Genesis entry/setup discussion.
  • #7,723
  • Nov 26, 2012 1:48am Nov 26, 2012 1:48am
took buy on EU at Frankurt Open. Let's see how high the price can go
  • #7,724
  • Nov 26, 2012 2:46am Nov 26, 2012 2:46am
Quoting vahn
took buy on EU at Frankurt Open. Let's see how high the price can go
closed for +11 pips profit
  • #7,725
  • Nov 26, 2012 3:02am Nov 26, 2012 3:02am
Did you get in at the Arrow, and what was your reason for getting out at 11pips? Just curious.

Quoting vahn
closed for +11 pips profit
  • #7,726
  • Nov 26, 2012 3:11am Nov 26, 2012 3:11am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Here's a eurjpy trade I took just now that thankfully worked out. I entered a little impulsively and not with the 5 minute stoch where I wanted it. So at the bottom of a big candle, (typical!!!) endured pullback with stoploss far more than I can afford too so I am breathing a sigh of relief and will not do that again!!! Entry, 106.318 Exit just above S1 106.105
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy a.jpg Size: 44 KB
  • #7,727
  • Edited 3:41am Nov 26, 2012 3:12am | Edited 3:41am
Quoting fbrand79
Did you get in at the Arrow, and what was your reason for getting out at 11pips? Just curious.
I get in on genesis signal (1 candle after frankurt open). the reason why i closed the trade because PA move up too fast (25 pips just in 15 minutes), This usually followed by massive sell. So i really pay attention to the PA and when i see PA break down the MA 5, i decide to close the trade.
  • #7,728
  • Nov 26, 2012 3:48am Nov 26, 2012 3:48am
AU is going strong missed it today well next time.
  • #7,729
  • Nov 26, 2012 3:59am Nov 26, 2012 3:59am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quote
jono717 AU is going strong missed it today well next time.

Was just wondering why I wasn't in that trade too, and the Kiwi......"1000 more trades"
  • #7,730
  • Nov 26, 2012 4:11am Nov 26, 2012 4:11am
Quoting Jamz
Here's a eurjpy trade I took just now that thankfully worked out. I entered a little impulsively and not with the 5 minute stoch where I wanted it. So at the bottom of a big candle, (typical!!!) endured pullback with stoploss far more than I can afford too so I am breathing a sigh of relief and will not do that again!!! Entry, 106.318 Exit just above S1 106.105
Entry was ok(ish) as per Genesis and RRR was not good at all as you said with big SL but great S1 exit. You probably got 'saved' by the H1 matrix and the H1 MTF arrow having turned short earlier. It was exactly the same setup as this:
http://www.forexfactory.com/showthre...21#post6202121
H1 matrix + H1 arrow turn short
Countertrend (long) M15 matrix + arrow
Next M5 short is a good one
  • #7,731
  • Nov 26, 2012 4:12am Nov 26, 2012 4:12am
As you may remember, I've been practicing with Gold M5. Been getting mixed results and not ready to trade M5 on a live account yet.
Saw this earlier on M5, finally put M15 stoch on the same chart cos Oli's scary at times (Only joking)

On M5 price had made a lower high and M5 stoch looked good at the vertical line, but M15 stoch was slowly rising.
So I passed on the trade and then looked to M15.
Had a matrix signal on M15 a little later, but though stoch was pointing down, it hadn't come from O/B.
We had an M15 arrow and was looking very likely that we would have an H1 MTF arrow as well, but H1 candle will not close for 15 minutes.
A lot of boxes ticked for the short on M15, but the stoch put me off.
Decided against the trade and believe that I was right to do so.
Comments welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold m5 26 nov.gif Size: 23 KB
Click to Enlarge Name: gold m15 26 nov.gif Size: 22 KB
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  • #7,732
  • Nov 26, 2012 4:13am Nov 26, 2012 4:13am
I let the AU pass because it was ranging and before the short signal it had just made higher low and higher high.
  • #7,733
  • Nov 26, 2012 4:31am Nov 26, 2012 4:31am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Cheers Oli, thanks for your pointers. I'm a big believer in having both the stochs and have tried out the "flying by instruments only" on a few currencies and you'd think I'd remember to have both the stochastics lined up how I have seen them on my "instrument panel". I'm very keen to see the correct set-up but be slow enough in taking the trade to have covered all the bases so to speak. It is strange to see eurusd going up and eurjpy going down but I can't quite remember so many correlations.
  • #7,734
  • Nov 26, 2012 4:33am Nov 26, 2012 4:33am
went long on pound after bouncing 2nd time from pivot, any thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdnov26long.jpg Size: 142 KB
  • #7,735
  • Nov 26, 2012 4:41am Nov 26, 2012 4:41am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quote
Gumrai As you may remember, I've been practicing with Gold M5. Been getting mixed results and not ready to trade M5 on a live account yet.
Saw this earlier on M5, finally put M15 stoch on the same chart cos Oli's scary at times (Only joking)
I agree with you entirely Gumrai and you are right to have those two stochs on your chart. I would prefer to see them both descending from the heights at the same time, not dipping down and up and then down again. I have found that running tests on any currency without candles ( actually without anything but matrix and those two stochs) I haven't made a loosing trade. But, like you have said, both must be equal in their position from above the 80 ( I will not say overbought coz RJ might have an attack!)

James.
  • #7,736
  • Nov 26, 2012 4:59am Nov 26, 2012 4:59am
Quoting Gumrai
Had a matrix signal on M15 a little later, but though stoch was pointing down, it hadn't come from O/B.
We had an M15 arrow and was looking very likely that we would have an H1 MTF arrow as well, but H1 candle will not close for 15 minutes.
A lot of boxes ticked for the short on M15, but the stoch put me off.
Decided against the trade and believe that I was right to do so.
Comments welcome
http://www.forexfactory.com/showthre...73#post6212573
The last place that M15 had been OverB/S was ... OB ---> I consider short
+ on M15 charts, I think that you'd do better with an H1 stox rather than a M30 stox: I know that M30 is the next HTF but the ratio is only x2 (small) and as you can see from your chart, they have a very similar pattern and I don't know what extra info you would get from it
  • #7,737
  • Nov 26, 2012 5:08am Nov 26, 2012 5:08am
Quoting olivierforex
http://www.forexfactory.com/showthre...73#post6212573
The last place that M15 had been OverB/S was ... OB ---> I consider short
+ on M15 charts, I think that you'd do better with an H1 stox rather than a M30 stox: I know that M30 is the next HTF but the ratio is only x2 (small) and as you can see from your chart, they have a very similar pattern and I don't know what extra info you would get from it
I agree with you. I've only just started to put HTF stoch on my chart and so at the moment don't know how to get it to show H1 when the window is M15. I didn't like to ask, because it has probably been asked and answered many times already. I was intending to see if I can find out later when I have more time.
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  • #7,738
  • Nov 26, 2012 5:17am Nov 26, 2012 5:17am
Quoting Gumrai
I agree with you. I've only just started to put HTF stoch on my chart and so at the moment don't know how to get it to show H1 when the window is M15. I didn't like to ask, because it has probably been asked and answered many times already. I was intending to see if I can find out later when I have more time.
Ah yes but there are many different versions of the MTF stox so what I say here might not apply to yours: in the 'input' tab, under TF you need to put either H1 or 60 and if you have a 'TF Auto' line (also in 'inputs') that needs to be set to '0' so that it shows your chosen TF (H1/60) and not the 'next avaialable HTF - 30)
  • #7,739
  • Nov 26, 2012 5:21am Nov 26, 2012 5:21am
Quoting Ati_82
went long on pound after bouncing 2nd time from pivot, any thoughts?
very nice trade, Ati.
  • #7,740
  • Nov 26, 2012 5:27am Nov 26, 2012 5:27am
Quoting olivierforex
Ah yes but there are many different versions of the MTF stox so what I say here might not apply to yours: in the 'input' tab, under TF you need to put either H1 or 60 and if you have a 'TF Auto' line (also in 'inputs') that needs to be set to '0' so that it shows your chosen TF (H1/60) and not the 'next avaialable HTF - 30)
I got the MTF stoch downloaded from here

http://www.forexfactory.com/showthre...08#post5983508

I have tried, but I cannot get it to show H1 stoch when in M15 chart.
Sorry, I'm stupid.
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