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Genesis Matrix Trading

  • #7,821
  • Nov 27, 2012 7:05am Nov 27, 2012 7:05am
Quoting realjumper
I don't care what 'most people consider'......I have said this time and time again until I'm blue in the face.....the stochastic indicator IS NOT a simple overbought/oversold indicator....if it was, we would have it in the Matrix as a yes/no, red/white, oversold/overbought indicator.....it IS NOT an oversold/overbought indicator....I have repeated this many times in this thread.
As you have repeated many times in this thread - "Read post No. 1 and No. 2
What do you say in #2?
"Stochastic if falling from a recent overbought state"
You never actually qualify what is meant by "overbought"
I have read the whole thread and throughout it is considered that +80 is overbought and -20 is oversold.
Now you tell us that a short trade on EU is a no brainer, despite the fact that the stoch did not go higher than +80.
I appreciate that you didn't actually state that "overbought" is + 80, but when I see you post that a short trade is a no brainer without the stoch going into the + 80 area, I realise that everything that I have read in this thread means nothing.
Please remove the vouch that you gave me. You are full of crap. Anyone can post great trades with hindsight and that is all you do.
It takes a few seconds to post a trade a minute or 2 after the fact, but you don't. you post when it is in profit.
I appreciate that yoiu are not a signals service. But a few trades in real time and I will eat humble pie. You are not a great trader! You change the rules to suit a trade in hindsight.
Oli knows what she is talking about - you know nothing.

Goodbye all, I've had enough of this crap
Please Do Not PM Me With Coding Enquiries
  • #7,822
  • Nov 27, 2012 7:13am Nov 27, 2012 7:13am
Quoting realjumper
My entry was under R1, not on top of it
Yes it was under it but I mean that the R1 was in the right in the middle of the signal candle and it had already been bouncing around it.
I guess that I'm just too picky but I'm always wanted to have the pivot very close to the SL or entirely on top of the SL in short trade and under SL in the long.
Maybe this gets bit out of the system but that was the reason why I didn't see it as valid signal.
  • #7,823
  • Nov 27, 2012 7:13am Nov 27, 2012 7:13am
Quoting Gumrai
As you have repeated many times in this thread - "Read post No. 1 and No. 2
What do you say in #2?
"Stochastic if falling from a recent overbought state"
You never actually qualify what is meant by "overbought"
I have read the whole thread and throughout it is considered that +80 is overbought and -20 is oversold.
Now you tell us that a short trade on EU is a no brainer, despite the fact that the stoch did not go higher than +80.
I appreciate that you didn't actually state that "overbought" is + 80, but when I see you post that a short...
If you have read the thread, like you claim, you will have seen MANY times where I have reiterated that the stochastic IS NOT AN OVERSOLD/OVERBOUGHT INDICATOR.....IT IS MUCH MORE THAN THAT.

As just for your information, I have posted many, many, MANY live trades in my 9,000+ post on FF.....and the reason I don't do it so often now is precisely because of people like you. You don't have the intelligence to be a trader, that much is clear......and I am not going to provide a signal service for you.

And Oli is not a 'she' hotshot.

Now Fuck off.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,824
  • Nov 27, 2012 7:18am Nov 27, 2012 7:18am
You don't seem to realise that you use the term Overbought in post #2
If you don't mean + 80, then explain it!
Please Do Not PM Me With Coding Enquiries
  • #7,825
  • Nov 27, 2012 7:20am Nov 27, 2012 7:20am
Quoting profitpips
Yes it was under it but I mean that the R1 was in the right in the middle of the signal candle and it had already been bouncing around it.
I guess that I'm just too picky but I'm always wanted to have the pivot very close to the SL or entirely on top of the SL in short trade and under SL in the long.
Maybe this gets bit out of the system but that was the reason why I didn't see it as valid signal.
Well it would have been okay to wait until the next candle if you prefer, the trade was still good.....the stoch was still good etc. If the candle was clear above the R1 I wouldn't have entered. One of the biggest factors was the rejection previously from R2/1.3007, as well as all the other reasons I gave.

If you wait until every thing is pin point perfect before entering a trade, you will limit yourself from many opportunities. We cannot ever eliminate risk, unfortunately, but when 7 or more reasons suggest we have a good entry upon us, if the SL isn't too big, then the risk is worth it.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,826
  • Nov 27, 2012 7:20am Nov 27, 2012 7:20am
Quoting Gumrai
I appreciate that yoiu are not a signals service. But a few trades in real time and I will eat humble pie. You are not a great trader! You change the rules to suit a trade in hindsight.
Oli knows what she is talking about - you know nothing.

Goodbye all, I've had enough of this crap
good riddance...don't let the door hit you on the behind on the way out
  • #7,827
  • Nov 27, 2012 7:28am Nov 27, 2012 7:28am
USA news in a couple of minutes, and Bernanke is going to be yappin as well...... I have nothing open so I'll watch from the sidelines!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,828
  • Nov 27, 2012 7:43am Nov 27, 2012 7:43am
EJ short
Attached Image (click to enlarge)
Click to Enlarge Name: EJ.png Size: 23 KB
  • #7,829
  • Nov 27, 2012 8:00am Nov 27, 2012 8:00am
That's all for me today......I'll have a look at Tokyo open tomorrow, and I'll be back for Frankie. Today was ok....better than yesterday although of course I didn't make any pips at all today because I didn't post live trades!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,830
  • Nov 27, 2012 8:07am Nov 27, 2012 8:07am
Quoting realjumper
That's all for me today......I'll have a look at Tokyo open tomorrow, and I'll be back for Frankie. Today was ok....better than yesterday although of course I didn't make any pips at all today because I didn't post live trades!!!
overbought or -sold?
There`s no life before COFFEE!
  • #7,831
  • Nov 27, 2012 8:09am Nov 27, 2012 8:09am
Rest assured RJ you have opened my eyes to the virtues of Stochs, some people just won't listen.
Vandag is die dag.....
  • #7,832
  • Nov 27, 2012 8:16am Nov 27, 2012 8:16am
Quoting profitpips
EJ short
Attachment
SL moved to BE.
  • #7,833
  • Nov 27, 2012 10:44am Nov 27, 2012 10:44am
Quoting Gumrai
As you have repeated many times in this thread - "Read post No. 1 and No. 2
What do you say in #2?
"Stochastic if falling from a recent overbought state"
You never actually qualify what is meant by "overbought"
I have read the whole thread and throughout it is considered that +80 is overbought and -20 is oversold.
Now you tell us that a short trade on EU is a no brainer, despite the fact that the stoch did not go higher than +80.
I appreciate that you didn't actually state that "overbought" is + 80, but when I see you post that...
Not cool..so RJ and others come up with a system better than most, share this on a public forum without charge, you study it, enjoy the personal attention of the method's creators only to end up using abuses? I know you couldve done things better than that..
  • #7,834
  • Nov 27, 2012 12:54pm Nov 27, 2012 12:54pm
Manual Pivot-Indicator

I have found a Pivot-Indicator, there you can put daily the yesterdays highs, lows and closes from ActionForex manually into the folder. Then the indicator draws the Original Pivots from ActionForex into your Genesis System.

http://www.actionforex.com/markets/p...2010040848154/
Attached Image (click to enlarge)
Click to Enlarge Name: Chart.jpg Size: 72 KB
Attached File(s)
File Type: mq4 Pivot Manual ActionForex.mq4   11 KB | 399 downloads
  • #7,835
  • Nov 27, 2012 4:08pm Nov 27, 2012 4:08pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
I am surprised how people can thoughtlessly kill the goose that is laying the golden eggs over just one trade -- I can vouch for RJ that he has repeatedly repeated that the stochastic is more than overbought/oversold indicator. Without looking, I am sure there is a link in post #1 (or thereabouts) giving you the opportunity to read up on the stochastic and I remember it has been around since the 50's like rock & roll. I gain inspiration from the "helpers" on this thread who obviously do not have to be here but they are, and personally, I am grateful for their help and knowledge, some of which I know I will never attain. Thank goodness, as a young man I was one of those types who could look and learn i.e. I didn't have my trap open annoying the older worker. Please keep asking and posting charts no matter, that is how we learn. Can we have streaming video of live trades? RJ only of course ha ha! I have tried skyping mates who are trading but got sick of looking at the back of their bald heads - where was that cam?
Cheers,
James.
(yes, another 2 cents worth)
  • #7,836
  • Edited 5:42pm Nov 27, 2012 4:55pm | Edited 5:42pm
Quoting jamesT.
Manual Pivot-Indicator

I have found a Pivot-Indicator, there you can put daily the yesterdays highs, lows and closes from ActionForex manually into the folder. Then the indicator draws the Original Pivots from ActionForex into your Genesis System.

http://www.actionforex.com/markets/p...2010040848154/
Now THAT.....is way cool James......that is exactly what I have been looking for.....perfect!! And because it is an mq4 file I can change the colours and style to mimic FXIPivots, which are the colours and style I like.

Excellent find......thank you very much for posting it

Edit: I have added a link to Post #1 to your post
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,837
  • Nov 27, 2012 5:04pm Nov 27, 2012 5:04pm
Quoting Leokira
Rest assured RJ you have opened my eyes to the virtues of Stochs, some people just won't listen.
Well you know how the old saying goes....'you can lead a horse to the water, but you can't make him drink it!'

As good a trader as Olivia is, it took her a while to 'get in the groove' of how stochastic is applied to trading, but she got it in the end and she is one of the best traders I have seen. Nothing in this life comes without effort, and mostly the best things in life take considerable effort. I put in the effort to understand stochastics and a great trader, Acumen, showed me the way. it took a long time for me to 'get in the groove', but the effort was well worth it.

I think it's also fair to say that when someone who persistently picks holes in other peoples trades, has a public meltdown like Gumrai did just doesn't have the temperament to become a consistently profitable trader.....regardless of the system employed.

Never mind.....onward we go
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,838
  • Nov 27, 2012 5:07pm Nov 27, 2012 5:07pm
Quoting Jamz
I am surprised how people can thoughtlessly kill the goose that is laying the golden eggs over just one trade -- I can vouch for RJ that he has repeatedly repeated that the stochastic is more than overbought/oversold indicator. Without looking, I am sure there is a link in post #1 (or thereabouts) giving you the opportunity to read up on the stochastic and I remember it has been around since the 50's like rock & roll. I gain inspiration from the "helpers" on this thread who obviously do not have to be here but they are, and personally, I am...
I have now sent a virus to your webcam Jamz.......that will stop you looking over my shoulder.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,839
  • Nov 27, 2012 5:20pm Nov 27, 2012 5:20pm
What is it with people believing that I'm a girl?
  • #7,840
  • Nov 27, 2012 5:37pm Nov 27, 2012 5:37pm
Quoting olivierforex
What is it with people believing that I'm a girl?
Hee hee hee.....do tell Oli
Doing what you like is Freedom. Liking what you do is Happiness.
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