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Genesis Matrix Trading

  • #8,701
  • Jan 17, 2013 6:13am Jan 17, 2013 6:13am
Quoting artem_t
Good decision
More luck than good decision
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,702
  • Jan 17, 2013 6:14am Jan 17, 2013 6:14am
Quoting Martyfish
More luck than good decision
Luck is also a part of trading, sometimes
Let's go with the flow
  • #8,703
  • Jan 17, 2013 8:31am Jan 17, 2013 8:31am
Well if GU didnt want to go up, it sure wanted to go down.

Dont know where it is going.

Banked profits on break of DP +41 pips

One day I'll be brave, hold a trade for a couple of hours (but not today)
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,704
  • Jan 17, 2013 8:47am Jan 17, 2013 8:47am
Yeah, the Euro (EU & EJ) is retracing now as well. I might consider a long if we get a good signal soon, but we are up at the ATR and pivots, so probably not. My guess is the Euro longs are done for the day. But I resist the urge to form an opinion or predict.
  • #8,705
  • Jan 17, 2013 8:49am Jan 17, 2013 8:49am
Quoting artem_t
Took a loss on gbpusd. There was a confluence of resistance - DP, WS1, HTF's trendline, HTF's S&R level, but didn't work anyway. Well, it's just a part of this job
The 15min stochastic was still too high for me to have taken that sell as realjumper pointed out in his post it shows strength of the move.
  • #8,706
  • Jan 17, 2013 9:18am Jan 17, 2013 9:18am
Quoting lastingwell
The 15min stochastic was still too high for me to have taken that sell as realjumper pointed out in his post it shows strength of the move.
Yes, I know, but I had enough reasons for enter this trade, anyway.

Thanks for your comment!
Let's go with the flow
  • #8,707
  • Jan 17, 2013 9:27am Jan 17, 2013 9:27am
Quoting Martyfish
Well if GU didnt want to go up, it sure wanted to go down.

Dont know where it is going.

Banked profits on break of DP +41 pips

One day I'll be brave, hold a trade for a couple of hours (but not today)
Bravo, Marty!

You have taken pips which I was going to take but I haven't Lesson learnt.
Let's go with the flow
  • #8,708
  • Jan 17, 2013 9:57am Jan 17, 2013 9:57am
Quoting artem_t
Bravo, Marty!

You have taken pips which I was going to take but I haven't Lesson learnt.
Thank you
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,709
  • Jan 17, 2013 2:09pm Jan 17, 2013 2:09pm
*** VISUAL EXPLANATION OF THE STOCH ***

I would like to give a little contribution about the stoch behavior (particularly when there is a trend) without any math formula but just in a visual way to help young traders and anyone who doesn't like math.
This doesn't want to be an exhaustive explanation and I hope not to offend experienced traders and expecially my friend RJ ... please don't ban me after this


We need to make a window with the amount of bars we want to take under control. In genesis model we use a 11 period stoch (see red bubbles in the pic).
Then we move these window every time the bar closes and change the height according to the new low or high. In this way at every bar close we can draw a 11 bars wide box with height = (HIGH –LOW).

Well .... the stochastic is the position of last bar close in percentage of the box height.
Example:
Low = 1,3010
High =1,3033
Close =1,3015

===> Stoch = 21%
In this pic we can look at a couple of examples.
Attached Image (click to enlarge)
Click to Enlarge Name: Visual stoch - pic01.jpg Size: 180 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,710
  • Jan 17, 2013 2:10pm Jan 17, 2013 2:10pm
Another example of stoch calculation without formula.
Attached Image (click to enlarge)
Click to Enlarge Name: Visual stoch - pic02.jpg Size: 132 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,711
  • Jan 17, 2013 2:12pm Jan 17, 2013 2:12pm
The problem in this way is that the curve we achieved is very nervous … therefore we prefer to smooth it introducing a simple moving average (bold blue line in the pic). The parameter which helps us to smooth the stoch is “slowing”.

In the genesis model we use 3 which means a simple MA3 periods.
Attached Image (click to enlarge)
Click to Enlarge Name: Visual stoch - pic03.jpg Size: 142 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,712
  • Jan 17, 2013 2:13pm Jan 17, 2013 2:13pm
Finally if we remove the original curve we get the smoothed signal curve …
Attached Image (click to enlarge)
Click to Enlarge Name: Visual stoch - pic04.jpg Size: 128 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,713
  • Jan 17, 2013 2:14pm Jan 17, 2013 2:14pm
At the end Mr.Lane introduced another curve which is a simple MA of this signal (red line in the pic) and developed some entry rules based on these two curves.
Attached Image (click to enlarge)
Click to Enlarge Name: Visual stoch - pic05.jpg Size: 152 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,714
  • Edited 2:34pm Jan 17, 2013 2:15pm | Edited 2:34pm
What happens when the trend is strong?

We will find a sequence of windows with long bars in the direction of the trend and some congestion zones (countertrend areas) …… a picture is better than 1000 words
Attached Image (click to enlarge)
Click to Enlarge Name: Visual stoch - pic06.jpg Size: 200 KB
You control how you trade; the market controls how and when you'll get paid
  • #8,715
  • Jan 17, 2013 2:26pm Jan 17, 2013 2:26pm
Quoting wiz3003
What happens when the trend is strong?

We will find a sequence of windows with long bars in the direction of the trend and some congestion zones (countertrend areas) …… a picture is better than 1000words
Dear wiz3003,

For the first time I have seen such a visual explanation of stochastics. Thanks. Padila
What the mind does not know, the eyes cannot see
  • #8,716
  • Jan 17, 2013 2:27pm Jan 17, 2013 2:27pm
Quoting realjumper
Finally.....the house sale is completed and the move is completed apart from boxes of stuff all over the place. It's amazing how much crap one accumulates in 12 years....unbelievable. I was ruthless in chucking stuff away....more than 5 cubic metres in fact...lol!

Anyway, I have rested for a few days now.....and I needed it.....but now I'm back on board again. Great to see that people have been taking advantage of the great trends and making pips....that's what we are all here for. Times like these, ( I have been too busy to take advantage of...

Happy to see you back my Captain ...
You control how you trade; the market controls how and when you'll get paid
  • #8,717
  • Jan 17, 2013 4:20pm Jan 17, 2013 4:20pm
[quote=realjumper;6371509]Finally.....the house sale is completed and the move is completed apart from boxes of stuff all over the place. It's amazing how much crap one accumulates in 12 years....unbelievable. I was ruthless in chucking stuff away....more than 5 cubic metres in fact...lol!



........ honey...... you didn't chuck my handbags did you? My prada bags
.... laughing all the way to the bank
  • #8,718
  • Jan 17, 2013 5:10pm Jan 17, 2013 5:10pm
Quoting wiz3003
What happens when the trend is strong?

We will find a sequence of windows with long bars in the direction of the trend and some congestion zones (countertrend areas) …… a picture is better than 1000 words
An explanation like that could only come from an engineer.....most excellent Wiz, thank you.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,719
  • Jan 17, 2013 5:12pm Jan 17, 2013 5:12pm
[quote=itsallover;6374657]
Quoting realjumper
Finally.....the house sale is completed and the move is completed apart from boxes of stuff all over the place. It's amazing how much crap one accumulates in 12 years....unbelievable. I was ruthless in chucking stuff away....more than 5 cubic metres in fact...lol!



........ honey...... you didn't chuck my handbags did you? My prada bags
As if Kelly.....as if xxxxx

Are you watching the compounding UJ?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,720
  • Jan 17, 2013 5:25pm Jan 17, 2013 5:25pm
[quote=realjumper;6374727]
Quoting itsallover

As if Kelly.....as if xxxxx

Are you watching the compounding UJ?
UJ is gorgeous
I'v noticed 4 hr entries on Genesis seem to pick up those valleys real well.
.... laughing all the way to the bank
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