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Genesis Matrix Trading

  • #8,881
  • Jan 24, 2013 7:28am Jan 24, 2013 7:28am
Quote
Posted by mazprofx

Hi!

Eur/Jpy will face a strong resistance near 120.10 level

mazprofx.:nerd:
Quoting Martyfish
Good call

Thanks for the appreciation, Hope we would keep making some perfect calls in the future as well.



mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #8,882
  • Jan 24, 2013 7:49am Jan 24, 2013 7:49am
Just taken profit on my EURJPY buy from this morning entry on the 9.05am GMT candle. +120 pips (Monthly resistance 2 is just above and dont want to be too greedy) Though I did have a 40 pip trail on it which nearly got hit with its first pullback but luckily missed it by 2 pips.
  • #8,883
  • Jan 24, 2013 7:54am Jan 24, 2013 7:54am
Quoting lastingwell
Just taken profit on my EURJPY buy from this morning entry on the 9.05am GMT candle. +120 pips (Monthly resistance 2 is just above and dont want to be too greedy) I did however have a 40 pip trail on it which nearly got hit with its first pullback but luckily missed it by 2 pips.
Lovely trade !!

I admire your patience.

I've just been jumping in and out on retracements, got around 80 pips

I do like to make things tough for myself !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,884
  • Jan 24, 2013 7:58am Jan 24, 2013 7:58am
Quoting Martyfish
Lovely trade !!

I admire your patience.

I've just been jumping in and out on retracements, got around 80 pips

I do like to make things tough for myself !!
I have to be honest I cant claim any patience I had to go shopping so put a take profit just under MR2 (nice round +120 as well) and a 40 pip trail If Id been sitting at the computer I would have traded as you did.
  • #8,885
  • Jan 24, 2013 8:03am Jan 24, 2013 8:03am
Quoting lastingwell
I have to be honest I cant claim any patience I had to go shopping so put a take profit just under MR2 (nice round +120 as well) and a 40 pip trail If Id been sitting at the computer I would have traded as you did.
I like that idea, set trades, go shopping, while Mr Market pays the bill
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,886
  • Jan 24, 2013 8:05am Jan 24, 2013 8:05am
Quoting Martyfish
I like that idea, set trades, go shopping, while Mr Market pays the bill
If only Mr Market would play ball like that every day.
  • #8,887
  • Jan 24, 2013 8:06am Jan 24, 2013 8:06am
I'm usually too busy at my computer to get out to spend any money

I'm not obsessed - honestly
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,888
  • Jan 24, 2013 8:18am Jan 24, 2013 8:18am
Taken trade with Eur/jpy when it successful broke out 120.10-120.15 level and trade taken at 120.18 with stoploss placed at B.E+1 and looking for a target of 120.58.

Though, it will face high resistance near 120.68-120.76 level and break out of this level give us some more quick pips. so, already placed a pending order at 120.86 with a trail stop of 15. with a target of 121.36 as there is a monthly resistance near 121.40 level.

So, far today I am +112 pips in profits on Eur/Jpy and if this trade hits the target then it would be +151 pips for the day.




mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #8,889
  • Jan 24, 2013 9:04am Jan 24, 2013 9:04am
Quoting mazprofx
Taken trade with Eur/jpy when it successful broke out 120.10-120.15 level and trade taken at 120.18 with stoploss placed at B.E+1 and looking for a target of 120.58.

Though, it will face high resistance near 120.68-120.76 level and break out of this level give us some more quick pips. so, already placed a pending order at 120.86 with a trail stop of 15. with a target of 121.36 as there is a monthly resistance near 121.40 level.

So, far today I am +112 pips...
Excellent analyses. Keep them coming.
What the mind does not know, the eyes cannot see
  • #8,890
  • Jan 24, 2013 9:34am Jan 24, 2013 9:34am
Finally closed Eur/Jpy at 120.56 i.e +38 pips and the total for today for Eur/Jpy is +149 pips.

Good night!!!!! I am going to sleep

Sweet Dreams!!!!!



mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #8,891
  • Jan 24, 2013 10:08am Jan 24, 2013 10:08am
Hello @ all , hello mazprofx, nice, really nice trades...

after my last trade on GJ with 280 pips i was looking for a way to trade GJ easy on h1, and i think, i got it.

I want to show it, when someone is interested

The first closed with 248 and the second with 165.
This are more pips which i trade normal. Maybe it work just on GBPJPY (may all JPY pairs, i dont know)
But i am happy with my lover pair GJ
Attached Image (click to enlarge)
Click to Enlarge Name: h1.png Size: 35 KB
  • #8,892
  • Edited 11:37am Jan 24, 2013 11:26am | Edited 11:37am
Quoting Fame of me
Hello @ all , hello mazprofx, nice, really nice trades...

after my last trade on GJ with 280 pips i was looking for a way to trade GJ easy on h1, and i think, i got it.

I want to show it, when someone is interested

The first closed with 248 and the second with 165.
This are more pips which i trade normal. Maybe it work just on GBPJPY (may all JPY pairs, i dont know)
But i am happy with my lover pair GJ
Definitely would like to hear more! The stoc you have on your chart looks similar to the H4 stoc but the lines dont cross as much.
  • #8,893
  • Jan 24, 2013 12:10pm Jan 24, 2013 12:10pm
Quoting Fame of me
Hello @ all , hello mazprofx, nice, really nice trades...

after my last trade on GJ with 280 pips i was looking for a way to trade GJ easy on h1, and i think, i got it.

I want to show it, when someone is interested

The first closed with 248 and the second with 165.
This are more pips which i trade normal. Maybe it work just on GBPJPY (may all JPY pairs, i dont know)
But i am happy with my lover pair GJ
Yes, interested in learning more about higher time frame trades. Please keep posting.
What the mind does not know, the eyes cannot see
  • #8,894
  • Jan 24, 2013 1:14pm Jan 24, 2013 1:14pm
Right, this is almost the stoch from h4.
The settings are 44 12 12

I was looking for a way to trade genesis again more relaxer and on h1.

right, the sl is higher, but this is no problem with a good MM and also your TP is much higher.

EDIT, and i was closing my last trade before he reach my target, and this was a biiiigggg error *damn*
  • #8,895
  • Jan 24, 2013 1:42pm Jan 24, 2013 1:42pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Seeing the large runs of Jpy crosses I realize that closing early is something to watch too. Mr Market will pull back and shut out if I leave some but roar off into the distance if I close out.......... so even with green pips one is grumpy.....Patience with exits, patience with exits, patience with exits -- yes, put trade on and go shopping!!!
  • #8,896
  • Jan 24, 2013 2:32pm Jan 24, 2013 2:32pm
Quoting Jamz
Seeing the large runs of Jpy crosses I realize that closing early is something to watch too. Mr Market will pull back and shut out if I leave some but roar off into the distance if I close out.......... so even with green pips one is grumpy.....Patience with exits, patience with exits, patience with exits -- yes, put trade on and go shopping!!!
One has to bear in mind that these massive trends in the Yen pairs are not your 'normal' run-of-the-mill pa. Finally the state of the Japanese economy has caught the eye of the markets and so, with Abe's help, we have this big run on the Yen. Greece?.......forget about it.....that was last years news!!

It's great to take these nice big runs and we are being spoilt for pips....and loving it....but it is not normal market behaviour. The market spends less than half the time trending and rest of the time ranging. The 'set and forget' way or going shopping while Mr Market does the rest is a short term strategy and it will kill you when these runs on the Yen finish.

5c
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,897
  • Jan 24, 2013 5:01pm Jan 24, 2013 5:01pm
Agree with mazprofx's observations about Symphonie v Genesis and why I'm now focused here.

Is there any way to code the indicators for the Matrix dots into, perhaps, a single source code or executable file that could be read by some other MQL code? What I mean is that if all the dots are white, indicating a buy, then write an output string of '1111', or, if all are red, write '0000'. If it's a combination of white and red, then it might be something like '0111'. Based on this output, other code could read this string and take some action or generate a msg? Make sense? Or nonsense?
  • #8,898
  • Jan 24, 2013 5:05pm Jan 24, 2013 5:05pm
Quoting fxtradera
Agree with mazprofx's observations about Symphonie v Genesis and why I'm now focused here.

Is there any way to code the indicators for the Matrix dots into, perhaps, a single source code or executable file that could be read by some other MQL code? What I mean is that if all the dots are white, indicating a buy, then write an output string of '1111', or, if all are red, write '0000'. If it's a combination of white and red, then it might be something like '0111'. Based on this output, other code could read this string and take some action or generate...
I'm not quite sure what it is you want...or why....lol. Check out the thread of Xaphod who is the creator of the Matrix and quite a few other goodies. The link is in Post #1
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,899
  • Jan 24, 2013 5:14pm Jan 24, 2013 5:14pm
Thanks, RJ. Appreciate the very quick response and now looking at that suggested thread. We actually have a cat called 'Jumper', but I won't confuse things further...

Thanks again!
  • #8,900
  • Jan 24, 2013 8:05pm Jan 24, 2013 8:05pm
Quoting realjumper
The 'set and forget' way or going shopping while Mr Market does the rest is a short term strategy and it will kill you when these runs on the Yen finish.

5c
Agree with you realjumper though I should make clear I didnt go shopping until the trade was safe and left a 40 pip trail on it.
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