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Genesis Matrix Trading

  • #8,801
  • Jan 22, 2013 1:35am Jan 22, 2013 1:35am
after price moved 100+ pips
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,802
  • Jan 22, 2013 1:43am Jan 22, 2013 1:43am
Quoting Jamz
Good one Marty, that's where I cleverly traded out .......S1....I believe some banking news hit the fan...or you will know who spoke....
I got back late from dropping the kids at school, so missed the early move

Decided to let the wife have a lie-in - what a nice guy I am
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,803
  • Jan 22, 2013 1:47am Jan 22, 2013 1:47am
I'm just about done for the day, I might not even bother with NY session today as daily target is already reached. However, after reading back on our thread I came across the Currency Strength Meter. Henry Liu has a similar one on his website that runs for the desktop, but this one runs from MT4.

As you can see on the screenshot, it lists the strongest currency at the top and the weakest at the bottom. So, in the attached example, you would want to be trading JPY against GPB (which I did hee hee hee), but you would not want to be trading 2 strong currencies against each other like JPY and NZD, or 2 weak currencies against each other like EUR against GPB.

Ideally you would watch this indi at various session open times, or at any other time when you see an entry signal.

Set the 'inputs' to 35, 35, False

Have a play with it.
Attached Image
Attached File(s)
File Type: ex4 1000pips Mini.ex4   8 KB | 1,077 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,804
  • Jan 22, 2013 1:55am Jan 22, 2013 1:55am
Watch out for German Zew news in about 5 minutes.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,805
  • Jan 22, 2013 2:01am Jan 22, 2013 2:01am
Quoting realjumper
Ideally you would watch this indi at various session open times, or at any other time when you see an entry signal.

Set the 'inputs' to 35, 35, False

Have a play with it.
Interesting, thx RJ

shame its only the ex4 file, would be good to alter settings with the mq4 file
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,806
  • Jan 22, 2013 2:02am Jan 22, 2013 2:02am
Excellent ZEW news!!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,807
  • Jan 22, 2013 2:08am Jan 22, 2013 2:08am
Quoting Martyfish
Interesting, thx RJ

shame its only the ex4 file, would be good to alter settings with the mq4 file
Yes it would. The mq4 might be available if you search for it, but it might not be too!! There was quite a discussion on the CSM (Currency Strength Meter) on the thread ages ago, and though I wouldn't treat it as the gospel, it should help in spotting strong vs weak, as in JPY/USD as we speak.....and keep us from entering silly trades like JPY/NZD.

There's some more info on Henry Liu's website, but his indi won't run for me, and I like the MT4 version anyway.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,808
  • Jan 22, 2013 2:28am Jan 22, 2013 2:28am
Yeah, I prefer the CPM posted here ages ago, still use it, as I have tailored it to the currencies I trade and altered TF to what suits me.

So will stick to the old one.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,809
  • Jan 22, 2013 2:32am Jan 22, 2013 2:32am
Quoting realjumper
I'm just about done for the day, I might not even bother with NY session today as daily target is already reached.
Hi RJ. Can you show us your trades? All of them were HPT? I am asking because i didnt took any trade today so far mainly because i didnt sure if signals i seen were HPT.
  • #8,810
  • Jan 22, 2013 2:35am Jan 22, 2013 2:35am
Quoting Martyfish
Interesting, thx RJ

shame its only the ex4 file, would be good to alter settings with the mq4 file
Here we go Marty.....I haven't looked at the code too closely, but I'm pretty sure it's the same as the previous ex4
Attached File(s)
File Type: mq4 1000pips Mini.mq4   8 KB | 3,420 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,811
  • Jan 22, 2013 2:49am Jan 22, 2013 2:49am
Quoting iwan73
Hi RJ. Can you show us your trades? All of them were HPT? I am asking because i didnt took any trade today so far mainly because i didnt sure if signals i seen were HPT.
GU is attached......I also took GJ at the same time even though M15 stoch wasn't perfect. I took it because the trend has been down for some time, and because of the Yen strength across the board on all Yen crosses. The trade doesn't meet the criteria of a text-book Genesis trade so I won't post the chart, but you can see for yourself on your own chart.

I can't (and don't) promise that every trade I ever take will be perfect Genesis trades, there is some discretion involved and that comes from experience. However, the charts that I do post are always Genesis trades. Unfortunately it isn't possible to post 'experience' trades because, well, it comes from experience, and you can (and will) only gain that over time. The more you train yourself on Genesis, there more experience you will gain until you are able to take trades that are a little outside the criteria of the Genesis trades.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 200 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,812
  • Jan 22, 2013 2:53am Jan 22, 2013 2:53am
Quoting realjumper
I'm just about done..................

Ideally you would watch this indi at various session open times, or at any other time when you see an entry signal.

Set the 'inputs' to 35, 35, False

Have a play with it.
Thanks RJ for this. Should be very handy.
What the mind does not know, the eyes cannot see
  • #8,813
  • Jan 22, 2013 2:54am Jan 22, 2013 2:54am
Quoting realjumper
Here we go Marty.....I haven't looked at the code too closely, but I'm pretty sure it's the same as the previous ex4
Your a star !!

thx
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,814
  • Jan 22, 2013 2:56am Jan 22, 2013 2:56am
Quoting realjumper
GU is attached......I also took GJ at the same time even though M15 stoch wasn't perfect. I took it because the trend has been down for some time, and because of the Yen strength across the board on all Yen crosses. The trade doesn't meet the criteria of a text-book Genesis trade so I won't post the chart, but you can see for yourself on your own chart.

I can't (and don't) promise that every trade I ever take will be perfect Genesis trades, there is some discretion involved and that comes from experience. However, the charts that I do post are...
I understand and appreciate your guidance very much. Thanks as always.
What the mind does not know, the eyes cannot see
  • #8,815
  • Jan 22, 2013 2:59am Jan 22, 2013 2:59am
Hello RJ,
thanks for posting your's trade it have high education value. Can you please be so kind and share magenta indicator with 3 arrows (15 m) what I have markt on picture bellow. Thanks a lot
krutoj
Attached Image (click to enlarge)
Click to Enlarge Name: gu edit.jpg Size: 118 KB
  • #8,816
  • Jan 22, 2013 3:03am Jan 22, 2013 3:03am
Quoting Martyfish
Your a star !!

thx
Marty,

Would higly value your feedback about this radar.
What the mind does not know, the eyes cannot see
  • #8,817
  • Jan 22, 2013 3:05am Jan 22, 2013 3:05am
Quoting padila
I understand and appreciate your guidance very much. Thanks as always.
You're welcome. I try and post only the best charts that meet the Genesis criteria, but I do take other trades as well, but I don't and won't post them. I know others do the same.

The thing about system trading is that it is not an exact science.....if it was, I would create an EA and retire a rich man!! There was a muppet here a while back who spat the dummy because he couldn't see that this is not, and never will be an exact science. For instance, what is 'overbought?'......is it once the '80' line is crossed?.......what if it only gets to '79?'......does that mean that it isn't overbought?.....technically yes, that's what it means. However, the ebb and flow of the oscillator (and the pa for that matter) does not necessarily adhere to our human rules! That's why we have to use our discretion. If you're uncomfortable doing that, then sit the trade out until a perfect trade comes along, and it will. Eventually, if you keep at it, you will develop this discretion as well, just as we do when we learn to drive, or swim, or anything else.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,818
  • Jan 22, 2013 3:11am Jan 22, 2013 3:11am
Quoting realjumper
GU is attached......
Hmm.. Mine matrix is a bit different from yours. It's because of broker, I guess..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-01-22 15_01_41_gbpusd.png Size: 31 KB
Click to Enlarge Name: gu matrix comparison.jpg Size: 133 KB
Let's go with the flow
  • #8,819
  • Jan 22, 2013 3:17am Jan 22, 2013 3:17am
Quoting artem_t
Hmm.. Mine matrix is a bit different from yours. It's because of broker, I guess..
Yeah, it's not hugely different so it will be the broker. Different offset will probably be the issue. It really irritates me that brokers just will not all set their server times the same. I mean, we have the universal constant of GMT, yet brokers just will not all agree on the same offset. The we have the stupid Sunday candles....grrr...don't get me started!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,820
  • Edited 3:57am Jan 22, 2013 3:23am | Edited 3:57am
Quoting realjumper
You're welcome. I try and post only the best charts that meet the Genesis criteria, but I do take other trades as well, but I don't and won't post them. I know others do the same.

The thing about system trading is that it is not an exact science.....if it was, I would create an EA and retire a rich man!! There was a muppet here a while back who spat the dummy because he couldn't see that this is not, and never will be an exact science. For instance, what is 'overbought?'......is it once the '80' line is crossed?.......what if it only gets to...
Thanks for the reply, RJ. As you can see I am very new to this thread. I am in the process of going through the pages and seeing a few trades unfold in real time on a demo account. I have to say Genesis has made a real difference to my understading of trading (by no means I can say that I have understood it all). I like the educational approach here and the way this thread is co-ordinated. Thanks to you and to the team.
What the mind does not know, the eyes cannot see
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