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Genesis Matrix Trading

  • #8,481
  • Jan 7, 2013 1:07pm Jan 7, 2013 1:07pm
Quoting wiz3003
Hi RJ,

good to see you back. Happy 2013!!

ciao

wiz
Hey there wiz....good to see you too....best wishes for 2013
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,482
  • Jan 7, 2013 1:07pm Jan 7, 2013 1:07pm
Quoting 10pipsperday
Hi , just want to say thanks for this great sistem and all the info here.

My best regards and apreciation .

Karim
Hi Karim, and welcome
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,483
  • Jan 7, 2013 1:09pm Jan 7, 2013 1:09pm
Quoting RainyDay1
Happy New Year RJ, Oli, Marty and everyone else here. Been away for a long while (longest holiday since I started my working life), but hoping to get back into the thick of it this week.

Hope everybody enjoyed a great Christmas break, and have been and continue to be profitable!
And to you too....Happy New Yea.

It's good to have a decent break like you have had, it clears the mind and puts things into perspective
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,484
  • Jan 7, 2013 1:14pm Jan 7, 2013 1:14pm
Quoting krutoj
Hello Realjumper,
thanks for sharing your amazing system, it look's very promising. I want ask you some question, you personaly how many pairs follow and what time frame are you using? (1M or 5M) Thanks for answer.
best regards krutoj
I trade EU, GU, EJ, CJ, AU and EA.....but not all at the same time!! I also watch the Kiwi (NU) and a couple of others, but I don't trade them too often

I use the M5 and M15 to see trade setups but I do look at H1, H4 to see the bigger picture, although I only check the large charts once a day, or maybe once every couple of days.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,485
  • Edited 4:40pm Jan 7, 2013 4:19pm | Edited 4:40pm
Quoting bobby2
Could someone please tell me how I could, or if it's even possible, to change the Daily Pip Target Excel Spreadsheet posted by jinchu last month from a dollar denominated chart to a Japanese yen denominated chart? Thanks.
As per your request:
In Dollar and in Yen,
you can change the daily pip target by adjusting the number in the yellow box below the daily pip target column
you will need to adjust your pip value based on your home currency in the yellow box below the pip value column
you also will need to adjust your starting capital by changing the number in the first row below the Opening Balance Column

The closing balance of the 50th week is in the green box below the closing balance column

Hope this helps
Attached File(s)
File Type: xls do-able-auto-rev.xls   47 KB | 456 downloads
Failure leads to Success if one learns from mistakes and never give up
  • #8,486
  • Edited 7:53pm Jan 7, 2013 7:35pm | Edited 7:53pm
Quoting jinchu
As per your request:
In Dollar and in Yen,
you can change the daily pip target by adjusting the number in the yellow box below the daily pip target column
you will need to adjust your pip value based on your home currency in the yellow box below the pip value column
you also will need to adjust your starting capital by changing the number in the first row below the Opening Balance Column

The closing balance of the 50th week is in the green box below the closing balance column

Hope this helps
Thanks jinchu. Appreciate it. The JPY isn't my home currency. I'm an American, but I live in Japan and my account is with Forex.com, Japan. JPY account. I don't know if it's realistic to expect such great results, but, I'm going to give it a shot and see what happens. An interesting note; The pip values in a JPY denominated account, for all JPY currency pairs are ￥100 per .10 lot. So 1 standard lot (10 x .10) is worth ￥1000 a pip. Makes it pretty easy to calculate. Thanks again.
  • #8,487
  • Jan 7, 2013 9:33pm Jan 7, 2013 9:33pm
Hello guys,

After finally reading the whole thread, my next step is to post some observations, which I hope you could comments and tell me if it look good. This thread is a gold mine for anyone who really want to succeed. It was kinda fun to watch new posters saying they did read the thread, and ask the same old questions who have been answered each 15 pages!

My first observation was on Sydney market tonight! I was checking different pairs and was trying to get my eyes train to be more effective to spot some good entry point and also some "no-go" and try to find why.

The screenshot added was on AU M5 Timeframe. Genesis Signal + Near R1, which is good for a short + Bearish Divergence! (Thanks cheat sheet!). All comments are welcome!


Malouin
Attached Image (click to enlarge)
Click to Enlarge Name: AU bearish divergence.jpg Size: 121 KB
Slowly, but surely...
  • #8,488
  • Jan 7, 2013 10:41pm Jan 7, 2013 10:41pm
Quoting Malouin
Hello guys,

After finally reading the whole thread, my next step is to post some observations, which I hope you could comments and tell me if it look good. This thread is a gold mine for anyone who really want to succeed. It was kinda fun to watch new posters saying they did read the thread, and ask the same old questions who have been answered each 15 pages!

My first observation was on Sydney market tonight! I was checking different pairs and was trying to get my eyes train to be more effective to spot some good entry point and also some "no-go"...
Welcome to the thread Malouin, and thanks for taking the time to read the thread. As you correctly observed, it's easy to spot those who say have read the thread, but have not!! Silly really huh?

Anyway, you trade 'ticks all the boxes'.....well done
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,489
  • Jan 7, 2013 11:15pm Jan 7, 2013 11:15pm
Quoting Malouin
Hello guys,

After finally reading the whole thread, my next step is to post some observations, which I hope you could comments and tell me if it look good. This thread is a gold mine for anyone who really want to succeed. It was kinda fun to watch new posters saying they did read the thread, and ask the same old questions who have been answered each 15 pages!
Malouin
Welcome Malouin,

My thought exactly, when I first read this thread.

I should also add, how helpful, the experienced traders are when it is obvious that a significant effort has been put in to learn the Genesis system
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,490
  • Jan 7, 2013 11:19pm Jan 7, 2013 11:19pm
Quoting bobby2
Thanks jinchu. Appreciate it. The JPY isn't my home currency. I'm an American, but I live in Japan and my account is with Forex.com, Japan. JPY account. I don't know if it's realistic to expect such great results, but, I'm going to give it a shot and see what happens. An interesting note; The pip values in a JPY denominated account, for all JPY currency pairs are ￥100 per .10 lot. So 1 standard lot (10 x .10) is worth ￥1000 a pip. Makes it pretty easy to calculate. Thanks again.
I dont see any value in a spreadsheet like that, because it doesn't take into account, bank/public holidays/quiet trading days/ bad trading days (yes, even with Genesis)/your holidays/sickness/etc

Sets unrealistic expectations, which will only disappoint.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,491
  • Jan 8, 2013 12:40am Jan 8, 2013 12:40am
3 trades in the morning before london open.
GJ
EJ
CJ

together 60 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01.jpg Size: 32 KB
Click to Enlarge Name: 02.jpg Size: 39 KB
Click to Enlarge Name: 03.jpg Size: 35 KB
  • #8,492
  • Jan 8, 2013 1:01am Jan 8, 2013 1:01am
Quoting Fame of me
3 trades in the morning before london open.
GJ
EJ
CJ

together 60 pips
Nice trades.....nice signature too
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,493
  • Jan 8, 2013 4:23am Jan 8, 2013 4:23am
Patience was a virtue today, very choppy this morning.

But got GU with the pop off DP +13 pips

and EJ + 10 pips

EJ didnt like DP at all ?????

tough work !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,494
  • Jan 8, 2013 5:43am Jan 8, 2013 5:43am
Rumours of a French sovereign downgrade ????
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,495
  • Jan 8, 2013 5:54am Jan 8, 2013 5:54am
Quoting realjumper
I trade EU, GU, EJ, CJ, AU and EA.....but not all at the same time!! I also watch the Kiwi (NU) and a couple of others, but I don't trade them too often

I use the M5 and M15 to see trade setups but I do look at H1, H4 to see the bigger picture, although I only check the large charts once a day, or maybe once every couple of days.
RJ how it is in your case? I mean at H1, H4. Are you drawing supports and resistances on H4, and trend lines on H1? Or is only a few seconds, like "O! Today is uptrend."?

love
K
  • #8,496
  • Jan 8, 2013 6:17am Jan 8, 2013 6:17am
Quoting Martyfish
Rumours of a French sovereign downgrade ????
Rumours, apparently a load of **** !!

Horse that is !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,497
  • Edited 10:15am Jan 8, 2013 8:58am | Edited 10:15am
Hi Genesis followers,
below my today short EU trade which is still open.


SETUP

  1. 3135 is a weak higher TFs R where PA looks like to stall. I was waiting for this (see my yesterday post).
  2. Yesterday daily bar couldn't breakout and close above it.
  3. Today PA started weak and tried many times to BO the level 3135.
  4. We are also near to WP
  5. Generally speaking higher TFS (H4 e D) trend is short

ENTRY

  1. Simply following Genesis rules (vertical white dotted line is entry bar TF = M5) for both unit 1 & 2
  2. SL = 25 pips
  3. Additional strong confirmation : std and MTF15 arrows after unit 2 signal.

TACTICS & MM

  1. SL = 25pips
  2. TP1 = 3000 - 3020 area ==> 80 pips
  3. TP2 = 2875 - 2900 area ==> >200 pips
  4. RR > 3 - 9
  5. Moved SL to BE +2 after DP breakout. Let us see what will happen and ready to add new units tomorrow eventually.

As usual now the more difficult part of the game is coming ... where to get out and patience to wait for targets.

Some of you noted that my style is not a "pure" intraday. Because I haven't much time to follow the market and in order to fit my trading style with my personality I try to combine two different ways of trading (scalping + swinging). In other words I use Genesis to spot my entry points like a scalper to get very low risks but I try to let the trades run like a swinger to achieve higher rewards. Not always this way works and I let some potential profits come back ... but overall it works for me ;-) .... In a traditional scalper way my target would have been DS1.

Feel free to comment


ciao

wiz

P.S.: Yesterday long 2/3 closed this morning before shorting.

Edit : in the pic RN is 1,31 ..... I was thinking about first target sorry.

Attached Image (click to enlarge)
Click to Enlarge Name: EU 2013-01-08 M5 Genesis.jpg Size: 154 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,498
  • Jan 8, 2013 10:25am Jan 8, 2013 10:25am
Quoting laud
RJ how it is in your case? I mean at H1, H4. Are you drawing supports and resistances on H4, and trend lines on H1? Or is only a few seconds, like "O! Today is uptrend."?

love
K
Laud,
I think RJ sometimes draws some good S/R (if you read the thread you can find some posts) .... But his main goal is to SEE the left side of the chart to understand what the PA did recently to be synchronized with it but without any kind of bias. Simply he tries to be as often as possible on the right side of the market and the only way is to look at the left.
Then he moves to lower TF (typically M5) and uses pivots as refernce levels.

RJ please correct me if a misunderstood or I am wrong.

Ciao

Wiz
You control how you trade; the market controls how and when you'll get paid
  • #8,499
  • Jan 8, 2013 11:50am Jan 8, 2013 11:50am
Quoting wiz3003
Hi Genesis followers,
below my today short EU trade which is still open.


SETUP
Your analysis is astonishing, don't stop posting it, many of us can learn alot from you.
PS: Thank you for your reply.
  • #8,500
  • Jan 8, 2013 12:38pm Jan 8, 2013 12:38pm
Quoting laud
Your analysis is astonishing, don't stop posting it, many of us can learn alot from you.
PS: Thank you for your reply.
Thank you laud I will do my best ... But if you want to learn something about trading let me suggest you to read all Olivia, Oli and RJ's posts here... they are the masters.
Ciao
Wiz
You control how you trade; the market controls how and when you'll get paid
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