Short entry. Closed 50% on S2. SL moved to BE.
Attached Image (click to enlarge)
- #8,862
- Edited 3:14am Jan 24, 2013 3:02am | Edited 3:14am
Hi!
RJ and all the members of this system,
My first trade with Genesis Trading System in Higher Timeframe (H4) is as follows:-
Opened a buy position, Eur/Jpy at 118.48 with a stoploss 20 pips below first ATR support level
http://pictat.com/i/2013/1/24/46044genesis1.png
Now,
My Rules to Open this Entry & Exit are as follows :-
1.) Heiken Ashi Candle changes color to white and opens above the EMA 5.
2.) All 4 dots of Genesis Matrix are white (bullish) in my favour.
3.) Sochastic Oscillator (H4) crossed is moving out from the 20 level and Sochastic Tape (H4) color is also in our favour.
4.) Sochastic Oscillator of HTF (Daily) is moving down and Sochastic Tape (Daily) color is not in our favour. So, we have to exit this trade at the nearest resistance level and here it is the ATR Resistance level 1.
If the Sochastic Oscillator of HTF (Daily) would have been in our favour then we would have target for a big trade and waited to see an opposite Heiken Ashi candle to close below EMA 5 to exit the trade.
And, Finally as per our rules we have exited this trade at the ATR Resistance Level 1 at 119.19 with a +71 pips of profit in this ranging market.
We would Re-Enter the trade if the price breaks the ATR Resistance Level 2 and all the Entry rules are satisfied and we would exit at next Nearest possible Resistance.
mazprofx.:nerd:
RJ and all the members of this system,
My first trade with Genesis Trading System in Higher Timeframe (H4) is as follows:-
Opened a buy position, Eur/Jpy at 118.48 with a stoploss 20 pips below first ATR support level
http://pictat.com/i/2013/1/24/46044genesis1.png
Now,
My Rules to Open this Entry & Exit are as follows :-
1.) Heiken Ashi Candle changes color to white and opens above the EMA 5.
2.) All 4 dots of Genesis Matrix are white (bullish) in my favour.
3.) Sochastic Oscillator (H4) crossed is moving out from the 20 level and Sochastic Tape (H4) color is also in our favour.
4.) Sochastic Oscillator of HTF (Daily) is moving down and Sochastic Tape (Daily) color is not in our favour. So, we have to exit this trade at the nearest resistance level and here it is the ATR Resistance level 1.
If the Sochastic Oscillator of HTF (Daily) would have been in our favour then we would have target for a big trade and waited to see an opposite Heiken Ashi candle to close below EMA 5 to exit the trade.
And, Finally as per our rules we have exited this trade at the ATR Resistance Level 1 at 119.19 with a +71 pips of profit in this ranging market.
We would Re-Enter the trade if the price breaks the ATR Resistance Level 2 and all the Entry rules are satisfied and we would exit at next Nearest possible Resistance.
mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
- #8,864
- Jan 24, 2013 3:11am Jan 24, 2013 3:11am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Hi!
RJ and all the member of this system,
My first trade with Genesis Trading System in Higher Timeframe (H4) is as follows:-
Opened a buy position, Eur/Jpy at 118.48 with a stoploss 20 pips below first ATR support level
Now,
My Rules to Open this Entry & Exit are as follows :-
1.) Heiken Ashi Candle changes color to white and opens above the EMA 5.
2.) All 4 dots of Genesis Matrix are white (bullish) in my favour.
3.) Sochastic Oscillator (H4) crossed is moving out from...
Time will tell (of course!), but if this can resume the bull run starting January, and get a Daily close over the 120 line, some serious pippage could be on offer. I look forward to watching this one unfold, especially as you are well in profit now
Doing what you like is Freedom. Liking what you do is Happiness.
- #8,865
- Jan 24, 2013 3:13am Jan 24, 2013 3:13am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
For the funs of CSM indie I am posting one more variation, hope it will be interesting for somebody. Cheers.
Doing what you like is Freedom. Liking what you do is Happiness.
- #8,866
- Jan 24, 2013 3:26am Jan 24, 2013 3:26am
Hi!
RJ,
Eur/Jpy is gaining momentum and all the indicators are bullish if it breaks the 119.65 level then we will have a
small trade of +40 pips, as it will face a strong resistance near 120.10 level and if the pair breaks through the 120.75
level then will have some serious bullish run in coming days.
And, if the price retraces back from the 120.10 level then it will create a shoulder-head-shoulder pattern on H4 chart.
mazprofx.:nerd:
RJ,
Eur/Jpy is gaining momentum and all the indicators are bullish if it breaks the 119.65 level then we will have a
small trade of +40 pips, as it will face a strong resistance near 120.10 level and if the pair breaks through the 120.75
level then will have some serious bullish run in coming days.
And, if the price retraces back from the 120.10 level then it will create a shoulder-head-shoulder pattern on H4 chart.
mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
- #8,868
- Jan 24, 2013 5:39am Jan 24, 2013 5:39am
- Joined Jan 2013 | Status: Trader | 1,657 Posts
HI!
RJ,
Just a few months back I found Symphonie Trading System and was trading with it for a month and I was not fully satisfied by the way Symphonie System was been traded and I think the system is not complete and we are dependent only on one Symphonie Matrix indicator and that too it gave a pretty late signal when almost 30% of the move have taken place and it failed miserably in ranging markets.
Then, I found your system and to me it seems quite like Symphonie method of trading but your system is more complete than Symphonie...
- #8,869
- Jan 24, 2013 7:02am Jan 24, 2013 7:02am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
Moody's lead analyst is quoted as saying still negative outlook for Portugal, and Euro financial crisis HAS NOT ENDED !!
What a shock ??!!
What a shock ??!!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- #8,871
- Jan 24, 2013 7:55am Jan 24, 2013 7:55am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,094 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #8,872
- Jan 24, 2013 7:59am Jan 24, 2013 7:59am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- #8,873
- Jan 24, 2013 8:01am Jan 24, 2013 8:01am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,094 Posts
For the funs of CSM indie I am posting one more variation, hope it will be interesting for somebody. Cheers.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #8,874
- Jan 24, 2013 8:11am Jan 24, 2013 8:11am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- #8,875
- Jan 24, 2013 8:20am Jan 24, 2013 8:20am
Hi!
RJ,
Eur/Jpy is gaining momentum and all the indicators are bullish if it breaks the 119.65 level then we will have a
small trade of +40 pips, as it will face a strong resistance near 120.10 level and if the pair breaks through the 120.75
level then will have some serious bullish run in coming days.
And, if the price retraces back from the 120.10 level then it will create a shoulder-head-shoulder pattern on H4 chart.
mazprofx.:nerd:...
So, the first day with this system in H4 Timeframe ends up with +111 pips.
mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
- #8,876
- Jan 24, 2013 8:21am Jan 24, 2013 8:21am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
Hi!
Eur/Jpy will face a strong resistance near 120.10 level
mazprofx.:nerd:
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- #8,877
- Jan 24, 2013 8:27am Jan 24, 2013 8:27am
Something I played around with for a while on H4 - I dont trade it very often - I thought the D1 stoc was not all that helpfull when making a decision on H4 as its 6x the timeframe so I created an offline chart H12 with a period converter script then minimised it and set the multi timeframe stoc of Xaphod on the H4 chart to 720 minutes setting timeframe auto to 0. Limited backtesting showed pretty good results. I have attached the period converter script in case anybody wants to try it.
Lastingwell,
I know that Daily HTF for confirmation is too long as it x6 for a H4 chart and I am glad to hear from you that I can set the HTF confirmation to H12 period but how, pls guide me to put a period H12 sochastic oscillator to my system by using your script.
mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
- #8,878
- Jan 24, 2013 8:46am Jan 24, 2013 8:46am
Thanks!!
Lastingwell,
I got it and I have successfully created H12 sochastic and it is working awesome.
For, the one who don't know how to do it they should download the indicator provided by lastingwell
here.
And then just save this indicator to your indicators folder and open a H4 chart and load this indicator by changing the input of this indicator setting of multiplier to 3.
Now, a H12 offline chart is created.
Now, go to file menu of your mt4 and load this offline chart from file--> Offline chart ----> Eur/Usd H12.
Now, open Xaphod's MTF sochastics indicator v2.0 in MetaEditor and enter :
case 720: IndicatorName="Period H12"; break;
and then compile it.
Now go, back to your H4 chart and change the settings of MTF sochastics to 720 timeframe and thus you will get a period H12 sochastics.
mazprofx.:nerd:
Lastingwell,
I got it and I have successfully created H12 sochastic and it is working awesome.
For, the one who don't know how to do it they should download the indicator provided by lastingwell
here.
And then just save this indicator to your indicators folder and open a H4 chart and load this indicator by changing the input of this indicator setting of multiplier to 3.
Now, a H12 offline chart is created.
Now, go to file menu of your mt4 and load this offline chart from file--> Offline chart ----> Eur/Usd H12.
Now, open Xaphod's MTF sochastics indicator v2.0 in MetaEditor and enter :
case 720: IndicatorName="Period H12"; break;
and then compile it.
Now go, back to your H4 chart and change the settings of MTF sochastics to 720 timeframe and thus you will get a period H12 sochastics.
mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
- #8,879
- Jan 24, 2013 8:58am Jan 24, 2013 8:58am
Thanks!!
Lastingwell,
I got it and I have successfully created H12 sochastic and it is working awesome.
For, the one who don't know how to do it they should download the indicator provided by lastingwell
here.
And then just save this indicator to your indicators folder and open a H4 chart and load this indicator by changing the input of this indicator setting of multiplier to 3....
Will try it out.
What the mind does not know, the eyes cannot see
- #8,880
- Jan 24, 2013 9:10am Jan 24, 2013 9:10am
- Joined Jan 2013 | Status: Trader | 1,657 Posts
Thanks!!
Lastingwell,
I got it and I have successfully created H12 sochastic and it is working awesome.
For, the one who don't know how to do it they should download the indicator provided by lastingwell
here.
And then just save this indicator to your indicators folder and open a H4 chart and load this indicator by changing the input of this indicator setting of multiplier to 3.
Now,...