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Genesis Matrix Trading

  • #9,221
  • Feb 5, 2013 3:24am Feb 5, 2013 3:24am
Quoting heispark
Thank you for detailed explaination. I see watching the big picture is the key... By the way, now i use FXPro, i can see the same DS1 correctly at the bottom as in your EJ chart. If i used MBT, i couldn't recognize that important pivot level. How important correct pivot is!
Don't have to 'watch' the big picture, just be aware of it. Write it down on a sticky and stick it to your monitor if it helps.....I jot important things down in my little book!!

Yep....accurate pivots are so important
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,222
  • Feb 5, 2013 3:38am Feb 5, 2013 3:38am
Quoting realjumper
Don't have to 'watch' the big picture, just be aware of it. Write it down on a sticky and stick it to your monitor if it helps.....I jot important things down in my little book!!
Ditto, on my daily trade log, on the top half, I write notes at set times during the day, noting whats happening on HTFs.

So when I see a trade setup, I quickly glance at this sheet to give me comfort the trade is in allignment with HTFs.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,223
  • Feb 5, 2013 3:47am Feb 5, 2013 3:47am
Quoting Martyfish
Ditto, on my daily trade log, on the top half, I write notes at set times during the day, noting whats happening on HTFs.

So when I see a trade setup, I quickly glance at this sheet to give me comfort the trade is in allignment with HTFs.
Yep.....I even have a check list.....like a pre-flight check list. There is always time to run through the check list before pulling the trigger.....if there isn't time, then it's not a good trade!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,224
  • Feb 5, 2013 3:55am Feb 5, 2013 3:55am
Quoting realjumper
Yep.....I even have a check list.....like a pre-flight check list. There is always time to run through the check list before pulling the trigger.....if there isn't time, then it's not a good trade!
Oh dear, so do I :nerd:
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,225
  • Feb 5, 2013 3:59am Feb 5, 2013 3:59am
Quoting Martyfish
Oh dear, so do I :nerd:
LOL...there's no hope for us Marty
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,226
  • Feb 5, 2013 4:33am Feb 5, 2013 4:33am
Quoting realjumper
LOL...there's no hope for us Marty

None whatsoever
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,227
  • Feb 5, 2013 4:35am Feb 5, 2013 4:35am
Quoting dumplin_eater
Hi All, its been awhile since I last posted on this thread but I've been trying to simplify my trading and hopefully grow as a trader. Here's a pic of all my trades this morning. Basically this has been one of my best days in a long time. I only trade the EUR/JPY and this morning I took in excess of 200+ pips or 11% of my a/c . The vertical line are all my entries. First trade was the standard Genesis trade. I used the STSn tape as my entry. The yellow line is the 200 Smoothed MA. I then took the reversal because the Trix was giving good divergence...
Dumplin,

Congrats on the profit, but ...

Please remove post, we only discuss/post charts of pure Genesis trades/signals
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,228
  • Feb 5, 2013 5:11am Feb 5, 2013 5:11am
Quoting dumplin_eater
Hi All, its been awhile since I last posted on this thread but I've been trying to simplify my trading and hopefully grow as a trader. Here's a pic of all my trades this morning. Basically this has been one of my best days in a long time. I only trade the EUR/JPY and this morning I took in excess of 200+ pips or 11% of my a/c . The vertical line are all my entries. First trade was the standard Genesis trade. I used the STSn tape as my entry. The yellow line is the 200 Smoothed MA. I then took the reversal because the Trix was giving good divergence...
As Marty says dumplin_eater......it's great that you made a good amount of pips today. However, please be aware of the rules as laid out in Post #1:

"No other outside indicators are to be used.If you introduce an outside indicator, you will be told to remove it ONCE only. If you do not, you will be removed from the thread."

If we allow smoothed MA's and Trix, neither of which are part of Genesis, the flood gates will open and the system, like many others here at FF, will be lost.

Thank you.

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,229
  • Feb 5, 2013 5:52am Feb 5, 2013 5:52am
Plus if your going to break the rules, at least post a decent indicator

Woops - politically incorrect there Marty
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,230
  • Feb 5, 2013 5:55am Feb 5, 2013 5:55am
Quoting Martyfish
Absolutely, they have been lied to by their politicians, who have faudulently lied about the countries finance.

Goldman Sachs should have been sued for assisting them.

But then, it is the small businesses in Greece that pay no tax, public sector workers have accepted extra holidays and bonuses (for nothing).

Greece workers have taken "hasta manana" to a completely new level.

When I read this piece (in 2010) by Michael Lewis on Greece ... I was shocked.
http://www.vanityfair.com/business/f...g-bonds-201010

That was then. Now, not so much ...
  • #9,231
  • Feb 5, 2013 6:07am Feb 5, 2013 6:07am
Rainyday,

You shouldn't be surprised, there were groups of consultants, that specialised in creating products to hide government debt, in the lead up to creation of EU, in order to them to meet the prescribed debt ratios.

Books have been published on the subject.

The EC hasnt received a clean audit opinion for 18 or so years !!

They are all crooks !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,232
  • Feb 5, 2013 7:57am Feb 5, 2013 7:57am
Quoting Martyfish
Rainyday,

You shouldn't be surprised, there were groups of consultants, that specialised in creating products to hide government debt, in the lead up to creation of EU, in order to them to meet the prescribed debt ratios.

Books have been published on the subject.

The EC hasnt received a clean audit opinion for 18 or so years !!

They are all crooks !!
I know ... but only found out those stuff after 2010. Mostly in 2011.

I guess not Euro-centric enough before then. Focused mostly U.S. and Asia.
  • #9,233
  • Feb 5, 2013 8:00am Feb 5, 2013 8:00am
Quoting RainyDay1
I guess not Euro-centric enough before then. Focused mostly U.S. and Asia.
That is fair enough

It seems this thread has more contributors south of the equator than north !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,234
  • Feb 5, 2013 10:54am Feb 5, 2013 10:54am
Quoting realjumper
For anyone who's interested.....you will know how important it is to have accurate pivots, and the lack of uniformity between brokers server times, Sunday candles etc etc makes this a pain in the ass. That is why I have resorted to manually adding the pivots to my charts and I use the data from the actionforex pivot table because I know it's accurate. The downside to that is that I can't go back, even one day, and check yesterdays pivots if I am doing some testing or whatever.....and that's why I used to use the FXiPivots indi in the zip file on...
Hi RJ,

Wanted to thank you and everyone on here for a brilliant system. I've been quietly following for a while now. I know what you mean about the problem with the Pivot Points. You may want to try out this Pivot Indicator that I've been using for a while now. It allows you to shift the daily start time, so the Sunday candles are not a problem. I'm using FXCM here in London and so I shift the hours by 2 thus calculating the day from 22.00 GMT. I've checked it every day for the past few weeks against ActionForex and I've never found it to be off by more than a pip. I just wish it did the weekly and monthly pivots as well!

Ken
Attached File(s)
File Type: mq4 Pivot Points - Daily (Shifted).mq4   11 KB | 396 downloads
  • #9,235
  • Feb 5, 2013 3:12pm Feb 5, 2013 3:12pm
Quoting Tech10Ken
Hi RJ,

Wanted to thank you and everyone on here for a brilliant system. I've been quietly following for a while now. I know what you mean about the problem with the Pivot Points. You may want to try out this Pivot Indicator that I've been using for a while now. It allows you to shift the daily start time, so the Sunday candles are not a problem. I'm using FXCM here in London and so I shift the hours by 2 thus calculating the day from 22.00 GMT. I've checked it every day for the past few weeks against ActionForex and I've never found it to...
Hello Ken,

Thanks for the post and the indi.

I have tried a similar shifted pivot indi before.....and Cody even re-coded it to handle the Sunday candle, but I still found it to be cumbersome, or else it only set the pivots for the current day. It's nice to be able to look back and see what the PA was doing a few days ago in relation to the pivots of those days. Because having accurate pivots is crucial, I like to have something that I can rely on and not have the need to 'check up on' to make sure that it is accurate. I know that FXiPivots meets my needs so I just have to have a broker that knows how to set their server time properly!

I'll try your indi on an separate account and just watch to see how it performs.

Thanks,
RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,236
  • Feb 5, 2013 11:47pm Feb 5, 2013 11:47pm
Anyone got this EURCHF? I was hesitating and didn't take it. Do you call this HPT?

Attached Image
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #9,237
  • Feb 6, 2013 12:04am Feb 6, 2013 12:04am
Quoting realjumper
Yep.....I even have a check list.....like a pre-flight check list. There is always time to run through the check list before pulling the trigger.....if there isn't time, then it's not a good trade!
Hi RJ. I am not trading this week because i am on winter holidays. With heavy heart i discovered that GU continued down move yesterday.

In the post i quoted above you mentioned about checklist. Can you post (if it is not a secret) a sample of that checklist. As maybe you remember i try to take and learn only HPT.
What means that i check
1. if it is any reason on M15 to trade (you taught me that)
2. what is a trend in last 24 hours by zooming out M5 chart (olivierforex taught me that)

I am sure that knowledge what questions should i ask myself before enter the trade would improve my trading abilities.
  • #9,238
  • Feb 6, 2013 12:12am Feb 6, 2013 12:12am
Hello Genesis Group,

after reading thousand of interesting post within this thread and installing the Genesis-System, I want to say many many thanks to all the involved people. This is really a wonderful tool, thanks again Realjumper...great job.

Now I will go on with reading the missing pages, and learning the system.

I will come back later...have a nice day...
  • #9,239
  • Feb 6, 2013 2:01am Feb 6, 2013 2:01am
Snagged that GBP/USD movement up I closed it halfway though... :/

Anyone want to enlighten a young trader how to just let it ride. I always get psyched out and close my trades for smaller profits and right after i do they take off
  • #9,240
  • Feb 6, 2013 2:28am Feb 6, 2013 2:28am
Quoting Acroix70
Snagged that GBP/USD movement up I closed it halfway though... :/

Anyone want to enlighten a young trader how to just let it ride. I always get psyched out and close my trades for smaller profits and right after i do they take off
Acroix,

it depends on the game plan you have in place for the trade.
Here RJ explains some strategies.

ciao

wiz
You control how you trade; the market controls how and when you'll get paid
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