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Genesis Matrix Trading

  • #9,061
  • Jan 31, 2013 6:30am Jan 31, 2013 6:30am
Could get a little volatile this afternoon, as traders square their books for monthend !!

All pairs may be affected
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,062
  • Jan 31, 2013 6:37am Jan 31, 2013 6:37am
Quoting realjumper
It's 2.45Aam for me, so I will call it a day. Because I have done that, get ready to make some more pips in about 30 minutes....lol!!

RJ
True to form ... just happened on EJ if you were willing to get in either a bit before the candle was closed or willing to take a larger Stop Loss. Bounce away from DP with M5/M15/M30 arrows, perfect stochs.

I didn't though ... ha

Can I send you my mobile# for a SMS alert?
  • #9,063
  • Jan 31, 2013 6:45am Jan 31, 2013 6:45am
Strong Chicago PMI !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,064
  • Jan 31, 2013 8:42am Jan 31, 2013 8:42am
True to form ... just happened on EJ if you were willing to get in either a bit before the candle was closed or willing to take a larger Stop Loss. Bounce away from DP with M5/M15/M30 arrows, perfect stochs.

I didn't though ... ha


I got in on that bounce and have secured some definite pips............ Going to see how far I can ride this thing........
  • #9,065
  • Edited 1:22pm Jan 31, 2013 11:52am | Edited 1:22pm
Trading a 2-currency basket today, EURJPY and EURUSD. 3 trades only matched the criteria I use for trading - 3 buys. The third buy is still in and standing at around 60 pips between the 2 currencies with 40 pips locked. The first 2 trades I took 30 pips on each so all in 100 pips guaranteed if it comes back to hit the 40 pips. The resistance you can see in the image where price is the baskets weekly R1.
Attached Image (click to enlarge)
Click to Enlarge Name: 2basket.gif Size: 53 KB
  • #9,066
  • Jan 31, 2013 1:20pm Jan 31, 2013 1:20pm
Quoting lastingwell
Trading a 2-currency basket today, EURJPY and EURUSD. 3 trades only matched the criteria I use for trading - 3 buys. The third buy is still in and standing at around 60 pips between the 2 currencies with 40 pips locked. The first 2 trades I took 30 pips on each so all in 100 pips guaranteed if it comes back to hit the 40 pips.
Just took the trade out for about 100 pips - just below the baskets DR1 so 160 for today.

A couple of people have asked me why I prefer trading baskets and its simple - I got annoyed with putting a trade in only to find another currency was moving faster so I thought I would trade them as a basket then it doesnt matter to me if one moves faster or slower as long as one of them moves its ok
  • #9,067
  • Jan 31, 2013 4:49pm Jan 31, 2013 4:49pm
Quoting RainyDay1
True to form ... just happened on EJ if you were willing to get in either a bit before the candle was closed or willing to take a larger Stop Loss. Bounce away from DP with M5/M15/M30 arrows, perfect stochs.

I didn't though ... ha

Can I send you my mobile# for a SMS alert?
LOL......amazing isn't it? I set a couple of trades before I went to sleep....(paper trades only), and they both would have come in as good winners. The Genesis entry signals were spot on, and it's easy to look back and say 'woulda, coulda, shoulda'.....but I like a clean slate when I go to sleep and when I wake up.

For those who took the trades....well done....nice earners
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,068
  • Jan 31, 2013 4:52pm Jan 31, 2013 4:52pm
Quoting lastingwell
Just took the trade out for about 100 pips - just below the baskets DR1 so 160 for today.

A couple of people have asked me why I prefer trading baskets and its simple - I got annoyed with putting a trade in only to find another currency was moving faster so I thought I would trade them as a basket then it doesnt matter to me if one moves faster or slower as long as one of them moves its ok
Basket trading is certainly a valid and profitable way to trade....you'll get no argument from me there. I used to do a similar thing (before Genesis) and of the 5 pairs I held in the basket it was extremely rare for all 5 to lose....or win for that matter.....but with a realistic SL and TP even with 3 losers and 2 winners it was still possible to show a modest profit. Sometimes the profits were outrageous.....sometime not. But it was a very interesting way to trade and I do like the style.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,069
  • Jan 31, 2013 4:57pm Jan 31, 2013 4:57pm
China Manufacturing PMI coming in 5 minutes......watch the Kiwi and Aussie crosses.....fwiw
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,070
  • Edited 7:13pm Jan 31, 2013 5:11pm | Edited 7:13pm
Quoting lastingwell
Trading a 2-currency basket today, EURJPY and EURUSD. 3 trades only matched the criteria I use for trading - 3 buys.........
Wasn't the second one risky with some head wind? Anyway, it ended in successful though.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #9,071
  • Jan 31, 2013 9:24pm Jan 31, 2013 9:24pm
Quoting realjumper
LOL......amazing isn't it? I set a couple of trades before I went to sleep....(paper trades only), and they both would have come in as good winners. The Genesis entry signals were spot on, and it's easy to look back and say 'woulda, coulda, shoulda'.....but I like a clean slate when I go to sleep and when I wake up.

For those who took the trades....well done....nice earners
~~~~~~~~~~~~~~
Dear All :

I review several Post, saw lots of M5 setup using Genesis system, amazing big win/successful ratio,
once , I try it at my M5 chart, it need courage and prompt respone to trigger my buy/ sell button at my MT4 platform.

and then once I jump into new setup, start to thinking how to close this position, use R1/S1, Round number, pinbar, whatever you like . if setup is correct, normally it will profit you some, price action against you , it may flee away quickly,
, like a scapler of forex.

I attached a pic about H1 new " F " Pattern of Genesis, does it means something about price action rebalance ??

No matter H1, or M5 chart, I think M5 chart scalper , hit & run away around 0.5 ~ 2 hours for one simple pair, may be time-saving, highly time efficicency ?? because big H1, it also need to monitor trend changing all the time, even the sleeping time.

brs.

SCOTT


cheers
Attached Image (click to enlarge)
Click to Enlarge Name: genesis_ff-pattern-H1-b.JPG Size: 237 KB
  • #9,072
  • Jan 31, 2013 9:36pm Jan 31, 2013 9:36pm
Quoting scott-ibm
~~~~~~~~~~~~~~


and then once I jump into new setup, start to thinking how to close this position


cheers
Ummmm... if its a buy on a Yen pair, go take a look at a monthly chart, then ask yourself "WTF would I close it?"
In the days of old when sailors were bold, and seldom if ever contented.
  • #9,073
  • Edited 10:09pm Jan 31, 2013 9:40pm | Edited 10:09pm
Quoting heispark
Wasn't the second one risky with some head wind? Anyway, it ended in successful though.
I only have certain rules for going in and if they are met I go in. Those are - for a buy for instance at the first full line of gensis green, when that bar closes there must be no resistance just above, m5 stoc must be facing the right way, the m15 stoc must have closed above 20 already and closed crossed over the D line. It has shown me a consistent 85-89% win rate that way so I dont look at anything else.
  • #9,074
  • Jan 31, 2013 9:52pm Jan 31, 2013 9:52pm
Quoting realjumper
Basket trading is certainly a valid and profitable way to trade....you'll get no argument from me there. I used to do a similar thing (before Genesis) and of the 5 pairs I held in the basket it was extremely rare for all 5 to lose....or win for that matter.....but with a realistic SL and TP even with 3 losers and 2 winners it was still possible to show a modest profit. Sometimes the profits were outrageous.....sometime not. But it was a very interesting way to trade and I do like the style.
Same here, dabbled with it many times but when kosomalate came up with his basket v6 indicator that made it very easy to make whatever basket I wanted to with whatever currency and look at it on a chart the same as any other normal currency I tried it with genesis. All I do now is instead of looking at several charts of currencies that are somewhat correlated I make them into baskets. Extremely profitable.
  • #9,075
  • Jan 31, 2013 10:57pm Jan 31, 2013 10:57pm
Quoting lastingwell
I only have certain rules for going in and if they are met I go in.......
Thank you. Your theory looks sound.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #9,076
  • Jan 31, 2013 11:24pm Jan 31, 2013 11:24pm
Nice Asia session on EJ, I see, hope all you trading while I was having deep, deep sleep got loads of pips !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,077
  • Jan 31, 2013 11:31pm Jan 31, 2013 11:31pm
Loads of news today - EU - PMI; UK - PMI; US - NFP & ISM
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,078
  • Feb 1, 2013 12:16am Feb 1, 2013 12:16am
Spanish PMI 46.1 thats 21st consequitive monthly decline !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,079
  • Feb 1, 2013 12:20am Feb 1, 2013 12:20am
Quoting Martyfish
Spanish PMI 46.1 thats 21st consequitive monthly decline !!
Yeah but that doesn't matter....Baroso said the EU crisis is over......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,080
  • Feb 1, 2013 12:55am Feb 1, 2013 12:55am
Hi!

Everyone, I am taking off from trading today because just closed a huge trade of Eur/jpy successfully with a whooping +167 pips of profits using Genesis Trading System.


mazprofx.:nerd:


http://pictat.com/i/2013/2/1/18338trade1.png
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
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