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Genesis Matrix Trading

  • #8,021
  • Dec 4, 2012 4:02am Dec 4, 2012 4:02am
Interesting to see the correlation between EU and UC is broken, and EJ and CJ is also broken.

http://www.forexlive.com/blog/2012/1...extends-rally/

http://www.forexlive.com/blog/2012/1...ss-bank-stuff/
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,022
  • Dec 4, 2012 7:41am Dec 4, 2012 7:41am
Sell eur/usd now
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  • #8,023
  • Dec 4, 2012 7:56am Dec 4, 2012 7:56am
Quoting imperatorfr
Sell eur/usd now
why? Not a HP signal given it's been trending up all day...
  • #8,024
  • Dec 4, 2012 8:16am Dec 4, 2012 8:16am
Quoting sidefx
why? Not a HP signal given it's been trending up all day...
..around now might be a better CT EU trade.
  • #8,025
  • Dec 4, 2012 2:16pm Dec 4, 2012 2:16pm
Hmm i cant understand why someone go in sell or buy.

For me the EU is now much more then risky. I mean, there are better pairs to trade right now.

But when i want to trade on EU, why i go not with the trend?
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  • #8,026
  • Dec 4, 2012 2:38pm Dec 4, 2012 2:38pm
Here a chart how i read now the chart with genesis.
But i have to say, i have to learn this over more then weeks and weeks and weeks.

Also i have to say, EU is not my Fav pair, i trade more JPY pairs, they are easier to read for me.
And i need for every trade which i take a bounce from Pivot, or R/S line.

For me, i take never a trade in no mans land. I do this before, and i just lose with genesis.

I trade CT also, BUT, just with clean PA and a really nice Bounce.
Also i set after 12 Pips my trade to BE.
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  • #8,027
  • Dec 4, 2012 3:41pm Dec 4, 2012 3:41pm
Hi everyone. I want to thank all members for the effort they put in this thread daily, keep up the good work.
I've been lurking around for some time and now I post some charts with this wonderful system.


Quoting olivierforex
This is an outline on how you can setup a strategy on any FX pairs/instruments using Genesis and how my train of thoughts went (yours might/will be different) in designing it..........
Thank you very much Oli for this method to trade Genesis!

I don't know if I'm allowed to post here this approach to Genesis, but I'll take the risk and post it.

Here is the chart:
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  • #8,028
  • Dec 4, 2012 5:49pm Dec 4, 2012 5:49pm
Quoting oxido
Hi everyone. I want to thank all members for the effort they put in this thread daily, keep up the good work.
I've been lurking around for some time and now I post some charts with this wonderful system. Thank you very much Oli for this method to trade Genesis! I don't know if I'm allowed to post here this approach to Genesis, but I'll take the risk and post it.
Hi & welcome Oxido,
I'm glad you found the post useful and that you got some good pips out of it. Trading is about managed risk and I don't think that you took too many risks by posting a Genesis chart without any extra indicators
2 things:
.all the statistics I gave were for a 1st entry on a fresh new signal: the one you took was technically a re-entry as the original Long signal was some 10 candles before; it worked and that's all that matters but bear it in mind for the future.
.the 35 pips SL was based on a small sample of 8 trades and it's probably a good idea to add some common sense and not place it exactly at the level of a recent high/low (3019) but a few pips below/higher; and if that makes the SL too big ... then don't take the trade, as we say in here.
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  • #8,029
  • Dec 5, 2012 12:52am Dec 5, 2012 12:52am
EU H1 divergence.....fwiw.....
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,030
  • Dec 5, 2012 1:21am Dec 5, 2012 1:21am
Quoting realjumper
EU H1 divergence.....fwiw.....
Yes, just spotted that as well.
  • #8,031
  • Dec 5, 2012 2:00am Dec 5, 2012 2:00am
Quoting realjumper
EU H1 divergence.....fwiw.....
Okay I think I am starting to get the picture so RJ what you are saying there is that you looking at possible pair that have divergence and that are trending on higher TF so you get better picture of what probabilities are avaliable. So eu has great probability of going short. And then you wait on 5min tf and pull the trigger once you get the right signal.
  • #8,032
  • Dec 5, 2012 2:09am Dec 5, 2012 2:09am
Quoting jono717
Okay I think I am starting to get the picture so RJ what you are saying there is that you looking at possible pair that have divergence and that are trending on higher TF so you get better picture of what probabilities are avaliable. So eu has great probability of going short. And then you wait on 5min tf and pull the trigger once you get the right signal.
Not exactly. What you're suggesting is that due to the divergence and overbought conditions of the stoch that I am looking to go short. But that's not the case......that's a bias. I'm just aware that there is a *possibility* of a short trade at some stage.....it's just something in bear in mind.....it's not a signal. For now, the bulls have full control.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,033
  • Dec 5, 2012 2:16am Dec 5, 2012 2:16am
Quoting realjumper
Not exactly. What you're suggesting is that due to the divergence and overbought conditions of the stoch that I am looking to go short. I'm just aware that there is a *possibility* of a short trade at some stage.....it's just something in bear in mind.....it's not a signal. For now, the bulls have full control.
Sorry that is true *possibility* I have had very long week already. Okay so that analysis just to keep in mind.
  • #8,034
  • Dec 5, 2012 2:17am Dec 5, 2012 2:17am
There is also a near double top and an almost triple top on the Daily chart too.....but this is also just something to bear in mind......so you might need to be cautious about adding longs at around 3150.

The main criteria for trading the system hasn't changed, the divergences and tops and round numbers etc etc are just additional information to help us if and when a genuine signal comes along.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,035
  • Dec 5, 2012 2:18am Dec 5, 2012 2:18am
Quoting jono717
Sorry that is true *possibility* I have had very long week already. Okay so that analysis just to keep in mind.

Yep...just something to be aware of.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,036
  • Dec 5, 2012 2:30am Dec 5, 2012 2:30am
Morning everyone !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,037
  • Dec 5, 2012 2:32am Dec 5, 2012 2:32am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Here's a Daily of the EURUSD showing another *possibility* but not any prediction.
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  • #8,038
  • Dec 5, 2012 2:32am Dec 5, 2012 2:32am
Quoting Martyfish
Morning everyone !!
Hey Marty!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,039
  • Dec 5, 2012 2:33am Dec 5, 2012 2:33am
Quoting Jamz
Here's a Daily of the EURUSD showing another *possibility* but not any prediction.
Yep.....that's in the back of my mind too.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,040
  • Dec 5, 2012 2:36am Dec 5, 2012 2:36am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Now I see you mentioned that already RJ. Martyfish, don't sound so fresh and bright it's dark here and I'm sleepy already!!!
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