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Genesis Matrix Trading

  • #7,921
  • Nov 29, 2012 6:18am Nov 29, 2012 6:18am
Quoting imperatorfr
Hi o/

I open sell eur/usd now :
Not looking to take any shorts while PA is making HH and HL and H1 stoch is flatlining above the 80 level. Sitting it out for the time being.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #7,922
  • Nov 29, 2012 6:29am Nov 29, 2012 6:29am
Quoting realjumper

But I came full circle and realised that I don't owe anyone anything.....at all. I do what I do here, and with the help of the team many of you take the banks money, which is the whole point of the exercise!!



RJ
RJ ... we owe you. And we're very appreciative of all your efforts into helping us.

But man ... that long post had me fearing you were going to disappear for a couple of weeks again. Please don't scare us (me) again.

Just think of all the people you've helped and are appreciative of you. It'll make the occasional bad posts much more bearable!
  • #7,923
  • Nov 29, 2012 6:35am Nov 29, 2012 6:35am
Quoting RainyDay1
RJ ... we owe you. And we're very appreciative of all your efforts into helping us..
Yes indeed RJ, Yes indeed..
  • #7,924
  • Nov 29, 2012 6:42am Nov 29, 2012 6:42am
Quoting heispark
I am recently interested in trading at 15 min chart. I remember Olivia used to trade at 15 min chart. Does anyone see any benefits or better performance at 15 min chart?

Thanks
Justin
Hi spark,

I have been working to test Genesis system on higer TFs because I am not a full time trader and often I haven't time to follow PA on M5.
The preliminary feedbacks are that Genesis works also on M15 very well to spot the entry point but the problem is the room to take profit.

Let me explain better this point.

When we work intraday pivots lines are our mainly reference levels and we try to jump from one to another. Because we need to have also a good R:R to be sure to make money consistently the ratio between SL (last swing) and TP (pivot level) must be > 1-2 .... and this is the main issue I am facing with the M15 in the intraday activity (this problem is today worst than in the past becuase volatility is lower).

Possible solutions to this issue are :

  1. Change exit strategy and use #2 or #3 (read 5-15 Genesis pdf)
  2. Work on higher TFs swings with tradional S/R analysis plus M15 Genesis to spot the entry
  3. Work on higher TFs trend following traditional TA plus Genesi signal

The consequences of point 2 and 3 could be to have a trade open overnight (Olivia did it sometimes) and accept a lower win rate but with higher R:R.

I am still investigating about possible alternatives.

ciao

wiz3003

You control how you trade; the market controls how and when you'll get paid
  • #7,925
  • Nov 29, 2012 7:03am Nov 29, 2012 7:03am
Quoting wiz3003
Hi spark,

I have been working to test Genesis system on higer TFs because I am not a full time trader and often I haven't time to follow PA on .......
Thanks Wiz for your feedback. Isn't 15m better for PA noise filtering purposes as well?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #7,926
  • Nov 29, 2012 7:24am Nov 29, 2012 7:24am
Hey RJ,

thanks for your great system...it is working really well.
I have only very little time during the day looking at the charts, but if I see a nice trade opportunity I pull the trigger.

3 trades today for a total of +32 pips. The last 3 days I got +131 pips that equals an account growth of 13.5%.
Details of my trades below.

Cheers,
Olarion
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Genesis_AJ.jpg Size: 117 KB
Click to Enlarge Name: Genesis_UJ.jpg Size: 118 KB
Click to Enlarge Name: Genesis_CJ.jpg Size: 105 KB
  • #7,927
  • Edited 11:03am Nov 29, 2012 8:24am | Edited 11:03am
Quoting heispark
Thanks Wiz for your feedback. Isn't 15m better for PA noise filtering purposes as well?
As general rule higher TFs generates more reliable signals even with the traditional candles ..... but with HA candles also M5 can be read pretty well.
Obviously it needs a little more experience due to the shorter time you have to make the decision and pull the trigger ;-)
You control how you trade; the market controls how and when you'll get paid
  • #7,928
  • Nov 29, 2012 11:48am Nov 29, 2012 11:48am
Quoting scarlet pipe
Not looking to take any shorts while PA is making HH and HL and H1 stoch is flatlining above the 80 level. Sitting it out for the time being.
You true, i m noob.

At the end of the day i say "shit ! how could I miss it" or "shit! how I could do this"

But in 5m time frame it's hard to take a good decision in 10 seconds^^
  • #7,929
  • Nov 29, 2012 12:45pm Nov 29, 2012 12:45pm
Quoting sadafgkhn
Finally back in the saddle. Lost a dear friend to cancer so I took sometime out of trading. This is my second post on this thread. I like to thank all the senior contributors for making it so simple to follow system. Plan your trade and Trade your plan. My chart upload is finally working

Cheers
Hi sadafgkhn

Can you PLEASE tell me where you get the indicator that displays the current currency pair in five time frames?
This is very interesting...

Is this also MT4 you are using?

Regards,

COismanFX
  • #7,930
  • Nov 29, 2012 3:01pm Nov 29, 2012 3:01pm
Quoting joneepom
Hi JamesT,
I tried the pivot indicator, I find if I put say a support line on the 5min chart then go to
the 15min chart the support line dissapears, back to the 5min and still gone, if I remove
the indie there isnt a problem, have you found this, it's a great indie but I also like my
support & resistance lines, do you know of a similar pivot indie?
This issue is now fixed and the fixed indicator is attached.......I will amend Post#1.

We give our thanks to Xaphod for doing this work for us and especially in such a short space of time at this busy time of the year. Thank you for this indi JamesT......and thank you Xaphod for making it work perfectly
Attached File(s)
File Type: mq4 Pivot Manual ActionForex.mq4   12 KB | 2,022 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,931
  • Nov 29, 2012 3:36pm Nov 29, 2012 3:36pm
Quoting COiSmanFX
Hi sadafgkhn

Can you PLEASE tell me where you get the indicator that displays the current currency pair in five time frames?
This is very interesting...Is this also MT4 you are using? Regards, COismanFX
Hi COiSmanFX,
That's the best I have: it's not quite the same as you can only get 3 extra TFs but it's better than nothing if that's what you're looking for; have a look in the 'input' tab for options about position and the other TFs that you can display.
Attached File(s)
File Type: ex4 Stratman_MiniChart_v12.ex4   37 KB | 824 downloads
  • #7,932
  • Nov 29, 2012 8:00pm Nov 29, 2012 8:00pm
Quoting olivierforex
Something to bear in mind, not for now, but for the future as it will happen and probably sooner than anyone wants: eventually all MT4 platforms will stop and people will have to move to MT5, whether they are on demo or live trading. This happened many years ago when we were all 'pushed' out from MT3 to MT4 and it caused a huge amount of pain/anguish/tears....mainly because all the indicators had to be recoded from MQL-II to mq4 and there wasn't as many people around as Cody & Xaphod in those days! Getting used to MT4 was the easy part and...
As a programmer myself I am busy porting some MT4 indicators to MT5 platform.
The first thing I am working on is create an EA (on MT4) for this great system I must confess I am having hardtime following the code especially the indicators may be Cody and Xaphod might help.

I don't have a lot of time to wait behind the charts, I want the system to trade for me even when I am sleeping in my bed.
  • #7,933
  • Nov 29, 2012 9:12pm Nov 29, 2012 9:12pm
Thanks James for the great indi and RJ, Xaphod for fixing this. A great indicator this is.
Quoting realjumper
This issue is now fixed and the fixed indicator is attached.......I will amend Post#1.

We give our thanks to Xaphod for doing this work for us and especially in such a short space of time at this busy time of the year. Thank you for this indi JamesT......and thank you Xaphod for making it work perfectly
  • #7,934
  • Nov 29, 2012 11:56pm Nov 29, 2012 11:56pm
Draghi is going to be running his mouth in a couple of minutes.....take care!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,935
  • Nov 30, 2012 12:25am Nov 30, 2012 12:25am
My short trade. -12 pips.
Why short?
1. RN
2. Stoch M15 div.
3. Stoch M15 fall from OB level.
3. Arrow
Attached Image (click to enlarge)
Click to Enlarge Name: eu qq.gif Size: 23 KB
  • #7,936
  • Nov 30, 2012 12:36am Nov 30, 2012 12:36am
Quoting iwan73
My short trade. -12 pips.
Why short?
1. RN
2. Stoch M15 div.
3. Stoch M15 fall from OB level.
3. Arrow
Although I wouldn't like to trade against such a strong bull trend, the PA was being rejected from the 1.3000 barrier and the SL was relatively cheap, so it might have been worth a shot......except.....the trade was entered 5 minutes *before* Frankie open.......why did you do that? Why did you not wait for Frankie to open?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,937
  • Nov 30, 2012 12:54am Nov 30, 2012 12:54am
Quoting iwan73
My short trade. -12 pips.
Why short?
1. RN
2. Stoch M15 div.
3. Stoch M15 fall from OB level.
3. Arrow

Sorry, but i dont understand why so much people try counter trades.

We have so much pairs, much pairs running better then EU, that's my opinion.

EDIT,
here my 2 trades from the morning.
GJ was stoppt out, but my CJ is still alive
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj.gif Size: 15 KB
Click to Enlarge Name: cj.gif Size: 15 KB
  • #7,938
  • Nov 30, 2012 1:08am Nov 30, 2012 1:08am
Quoting Fame of me
Sorry, but i dont understand why so much people try counter trades.

We have so much pairs, much pairs running better then EU, that's my opinion.

EDIT,
here my 2 trades from the morning.
GJ was stoppt out, but my CJ is still alive
Very nice trades. There was a lot of JPY news today at Tokyo open or just after. Well done on a couple of good trades
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,939
  • Nov 30, 2012 1:27am Nov 30, 2012 1:27am
Quoting Fame of me

EDIT,
here my 2 trades from the morning.
GJ was stoppt out, but my CJ is still alive
So, i have close my CJ trade on R3 for 33 pips + 30 from my GJ trade.
Was a good morning.
  • #7,940
  • Nov 30, 2012 1:54am Nov 30, 2012 1:54am
Interesting?
Attached Image (click to enlarge)
Click to Enlarge Name: euh4.jpg Size: 240 KB
Doing what you like is Freedom. Liking what you do is Happiness.
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