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Genesis Matrix Trading

  • #8,621
  • Jan 16, 2013 3:11am Jan 16, 2013 3:11am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
It is not the huge number of pips either but just simple consistency that will win the day.
  • #8,622
  • Jan 16, 2013 3:17am Jan 16, 2013 3:17am
Quoting Jamz
It is not the huge number of pips either but just simple consistency that will win the day.
Let's go with the flow
  • #8,623
  • Jan 16, 2013 3:17am Jan 16, 2013 3:17am
Quoting Jamz
The GU looks like the only currency behaving -- I hope you're on it Marty!
Thanks Jamz,

Yes I was , it was reasonably behaved this morning
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,624
  • Jan 16, 2013 3:20am Jan 16, 2013 3:20am
Quoting Martyfish
Thanks Jamz,

Yes I was , it was reasonably behaved this morning
Hello, Marty!

Could you post that trade, please?

Thank you in advance!

Edit: did you take this signal or earlier?
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-01-16 13_21_20_gbpusd.png Size: 67 KB
Let's go with the flow
  • #8,625
  • Jan 16, 2013 3:52am Jan 16, 2013 3:52am
Artem,

I live in the UK, and try not to enter before Frankie open.

The candles pre-frankie pulled back giving full M5 tape against trend (these are very strong signals for me), then 7:00 and 7:05 candles then resumed the trend, engulfing that move with strong M15/H1 stochs.

Plus H1/M30 Genesis arrows had come up around Frankie open

Entered on the open of the 7:10 candle.

GU constantly has these fakeouts, Genesis shows it with M5 tape going against all other HTFs, I would need exceptionally strong stoch divergence on M15 not enter when the reversal move has been fully engulfed.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,626
  • Jan 16, 2013 4:05am Jan 16, 2013 4:05am
Quoting Martyfish
Artem,

I live in the UK, and try not to enter before Frankie open.

The candles pre-frankie pulled back giving full M5 tape against trend (these are very strong signals for me), then 7:00 and 7:05 candles then resumed the trend, engulfing that move with strong M15/H1 stochs.

Plus H1/M30 Genesis arrows had come up around Frankie open

Entered on the open of the 7:10 candle.

GU constantly has these fakeouts, Genesis shows it with M5 tape going against all other HTFs, I would need exceptionally strong stoch divergence on M15 not enter...
I guess the time you've mentioned is GMT? Is it that candle?
I'm asking because stoch is not very good in my opinion, and I didn't even have a full matrix signal at that moment. That's why I was thinking you entered before FO.

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-01-16 14_01_47_gbpusd.png Size: 61 KB
Let's go with the flow
  • #8,627
  • Jan 16, 2013 4:14am Jan 16, 2013 4:14am
Quoting artem_t
I guess the time you've mentioned is GMT? Is it that candle?
I'm asking because stoch is not very good in my opinion, and I didn't even have a full matrix signal at that moment. That's why I was thinking you entered before FO.

Thanks.
No, there wasn't full tape on M5, but if you take D1/H4/H1/M30/M15/M5/M1 that would make it 27 out of 28 tape being red.

Not a bad signal to me !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,628
  • Jan 16, 2013 4:16am Jan 16, 2013 4:16am
Quoting Martyfish
No, there wasn't full tape on M5, but if you take D1/H4/H1/M30/M15/M5/M1 that would make it 27 out of 28 tape being red.

Not a bad signal to me !!
Now it's totally clear
Let's go with the flow
  • #8,629
  • Jan 16, 2013 4:22am Jan 16, 2013 4:22am
We have now 4 days in row of weak GU, with negative downgrade comments overnight.

The day opens red, why would you not look for any opportunity to short GU ?
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,630
  • Jan 16, 2013 4:25am Jan 16, 2013 4:25am
Quoting lastingwell
Had to join Forex Factory because I wanted to say hi to everyone and thanks for the great thread. Been a longtime lurker in the thread and went live in November with it after practising and practising until I thought I had it right. I am not a new trader by any means have had about 5 years in the business, thought I would post an image of the myfxbook page since I started using it at the end of November '12. Thanks team!!!! I haven't been able to trade every day as you can see but when I do trade I only take the highest probability trades and...
Great trades. Where you only trading based on Genesis?
  • #8,631
  • Jan 16, 2013 4:29am Jan 16, 2013 4:29am
Quoting Martyfish
We have now 4 days in row of weak GU, with negative downgrade comments overnight.

The day opens red, why would you not look for any opportunity to short GU ?
I'm not sure if this question is addressed to me, but personally I didn't take any trades on GU today because there was no any opportunities which would correspond to my rules.
Anyway, I'm glad you didn't miss this one
Let's go with the flow
  • #8,632
  • Edited 4:55am Jan 16, 2013 4:32am | Edited 4:55am
Quoting jasper2603
Lastingwell, Indeed great job! Can you explain wich rules/timeframe you are using in combination with the genesis indi?
Thanks bro, but wouldnt you know it, after posting that I had a couple of silly trades, that will teach me not to stay up past my bedtime! This months gain is around 109% now, but thats the way it goes, its to be expected with a high risk strategy. I am playing with the brokers money now so Im still smiling, Ive already withdrawn double what I originally put in, in November so everything now is all good.

All I am doing is using the 5min to trade and mainly EJ but I look at the HTF as well and using realjumpers rules especially the stochastic the 15min stochastic must have crossed in the direction of the trade I want to take if its not crossed and closed I dont take it.

I been experimenting with a basket of currencies as well with this and it also works great I wont go into detail though because it might not be allowed in the thread but its not another indi its using several currencies as one and trading it as such.

I dont encourage people though to trade high risk thats entirely up to your risk tolerance you will still get there in the end.
  • #8,633
  • Jan 16, 2013 4:36am Jan 16, 2013 4:36am
Quoting fbrand79
Great trades. Where you only trading based on Genesis?
Most certainly yes only Genesis.
  • #8,634
  • Jan 16, 2013 4:36am Jan 16, 2013 4:36am
Quoting Martyfish

The day opens red, why would you not look for any opportunity to short GU ?
I know, is not addressed to me but i want to give you my answer:

GU hate me and i hate GU this is why i trade not GU *lol*
  • #8,635
  • Jan 16, 2013 4:38am Jan 16, 2013 4:38am
Quoting artem_t
Totally agree



Just took 40 pips on eurjpy - was aiming for more, but I always look at price's reaction on RN, so decided to close manually at this time.
Nice trade, good job.
  • #8,636
  • Jan 16, 2013 4:43am Jan 16, 2013 4:43am
Quoting Fame of me
Nice trade, good job.
Thank you very much, Fame!

Quoting Fame of me

GU hate me and i hate GU this is why i trade not GU *lol*
Nice reason
Let's go with the flow
  • #8,637
  • Jan 16, 2013 4:46am Jan 16, 2013 4:46am
Quoting Fame of me
I know, is not addressed to me but i want to give you my answer:

GU hate me and i hate GU this is why i trade not GU *lol*
Hate = emotion

Emotion = losses

Control emotion = gains
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,638
  • Jan 16, 2013 4:49am Jan 16, 2013 4:49am
Quoting Martyfish
Hate = emotion

Emotion = losses

Control emotion = gains
She controls emotion: no trade - no hate
Let's go with the flow
  • #8,639
  • Jan 16, 2013 4:52am Jan 16, 2013 4:52am
Quoting Martyfish
Hate = emotion

Emotion = losses

Control emotion = gains
Trade with love = grow your account, and i love jpy pairs

I think you need a feeling for the pair which you want to trade and i found no feeling for GU and also for AU not. So, thats ok for me.

I am impressed how good you trade GU, pretty nice.
  • #8,640
  • Jan 16, 2013 5:14am Jan 16, 2013 5:14am
Quoting Fame of me
i love jpy pairs; I think you need a feeling for the pair
Agree and agree

I was just making the point, re emotions.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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