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Genesis Matrix Trading

  • #9,301
  • Feb 7, 2013 5:18pm Feb 7, 2013 5:18pm
Quoting unionnone
hi guys. thx for this thread, im in the process of reading it. but a question on the live chart i have see for EU. the short for the pivot seems valid and so as the long. can i know that you guys have been filter the first signal? or you guys just take the two trade.(forgive for my bad english)
In my opinion, first entry was not very good because candle didn't open below DP and 5MA. Also M15 stoch was in overbought for some time and it was still around 80 area in the time of entry. I'm looking for more decisive position of M15 stoch.
Also for the second entry, candle didn't open above 5 MA and buying close and under the DP is not the safest trade. Although I like more position of the stochs of the second entry since it seems it was coming back after a pullback.
That's just what I think. There are some great and experienced traders here that can give you much better analysis.
  • #9,302
  • Feb 7, 2013 5:26pm Feb 7, 2013 5:26pm
EU +141
my best trade for now
Attached Image (click to enlarge)
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  • #9,303
  • Feb 7, 2013 7:10pm Feb 7, 2013 7:10pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
"Analysts were impressed by Draghi's ability to send a clear message to markets."

and so were we....
  • #9,304
  • Feb 8, 2013 12:11am Feb 8, 2013 12:11am
Quoting nikz
EU +141
my best trade for now
Excellent trading
  • #9,305
  • Feb 8, 2013 12:44am Feb 8, 2013 12:44am
I took CADJPY before Frank open: +19 (DEMO)

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: pic1.png Size: 2 KB


Entry was little bit late. By the way, FXPro MT4 charges very high spread. It affects my DEMO performance. Definitely, this is not for live trade for me....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #9,306
  • Feb 8, 2013 12:58am Feb 8, 2013 12:58am
Quoting heispark
I took CADJPY before Frank open: +19 (DEMO)

Attachment

Attachment

Entry was little bit late. By the way, FXPro MT4 charges very high spread. It affects my DEMO performance. Definitely, this is not for live trade for me....
3-4 pips I have on the live server I worry more about withdrawals than spread with brokers. No point having a great spread if you cant withdraw profits or it costs a lot of money to do it.
  • #9,307
  • Feb 8, 2013 2:45am Feb 8, 2013 2:45am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
That was a 60 pip springback on the EJ just to go stop seeking I suppose for all the latecomers who tried to join in ..... like me....(Had stop in place......not a genesis trade sorry but just had to mention it anyway....) Genesis entry was about an hour and a half before Frankie and I wasn't round then.
  • #9,308
  • Feb 8, 2013 4:39am Feb 8, 2013 4:39am
Quoting Jamz
That was a 60 pip springback on the EJ just to go stop seeking I suppose for all the latecomers who tried to join in ..... like me....(Had stop in place......not a genesis trade sorry but just had to mention it anyway....) Genesis entry was about an hour and a half before Frankie and I wasn't round then.
There was a genesis signal 5 minutes after Frankie opened - not a great signal but it had smashed and closed through the weekly pivot so certainly worth taking. The bounce came back and retested the pivot.
  • #9,309
  • Feb 8, 2013 6:22am Feb 8, 2013 6:22am
Quoting nikz
In my opinion, first entry was not very good because candle didn't open below DP and 5MA. Also M15 stoch was in overbought for some time and it was still around 80 area in the time of entry. I'm looking for more decisive position of M15 stoch.
Also for the second entry, candle didn't open above 5 MA and buying close and under the DP is not the safest trade. Although I like more position of the stochs of the second entry since it seems it was coming back after a pullback.
That's just what I think. There are some great and experienced traders here...
THx dude
  • #9,310
  • Edited 7:10am Feb 10, 2013 6:24am | Edited 7:10am
Hi!

RJ,

Had a good trade of +270 pips on Eur/Jpy and I have discovered, how to exit a trade by making almost 90% from the move and it is as follows:-


http://pictat.com/i/2013/2/10/25569270.png



Always, exit a trade on a Sochastic cross of the current Time-frame with reference to the Sochastic of the HTF.




mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #9,311
  • Edited 7:57am Feb 10, 2013 7:35am | Edited 7:57am
Quoting mazprofx
I have discovered, how to exit a trade by making almost 90% from the move .



Always, exit a trade on a Sochastic cross of the current Time-frame with reference to the Sochastic of the HTF.
It works in almost cases or you discovered that it has worked only in this particular example?
  • #9,312
  • Feb 10, 2013 7:56am Feb 10, 2013 7:56am
Quoting iwan73
It works in almost cases or you discovered that it works only in this particular example?

It works in almost all the cases and works accurately in M15 Timeframe with H1 as HTF Sochastic When there
is a breakout and we don't know how far the price will go.



mazprofx.:nerd:
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #9,313
  • Feb 10, 2013 4:24pm Feb 10, 2013 4:24pm
Quoting mazprofx
Hi!

RJ,

Had a good trade of +270 pips on Eur/Jpy and I have discovered, how to exit a trade by making almost 90% from the move and it is as follows:-






Always, exit a trade on a Sochastic cross of the current Time-frame with reference to the Sochastic of the HTF.




mazprofx.:nerd:
Interesting mazprofx.....it will be interesting to see how this exit works out over the long term.

Thanks
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,314
  • Feb 10, 2013 4:34pm Feb 10, 2013 4:34pm
Just in case anyone doesn't know, Japan has a holiday today and China is on a bank holiday all week.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,315
  • Feb 10, 2013 8:46pm Feb 10, 2013 8:46pm
+8 E/J, I should have gotten out when I was at 20+
  • #9,316
  • Feb 10, 2013 10:26pm Feb 10, 2013 10:26pm
mazprofx,

Simple and clear rules...great. Probably a bit rare combo, but then the risk also should be proportionally
smaller

As a newbie, I checked this thread and the Xaphod supplementary one from Friday/Saturday
(read all of Xaphod's and a couple hundred comments at the start and end of this thread.) Looks
to me that Xaphod has built a complete alternate set of indys that might be a tad more current and
inclusive.

So, I would like to start trading with your template, taking advantage of today's Japan holiday
to wait for the London open.

1. Can you kindly attach your trading template as in the figure quoted, and a list of indys used?
2. Is your preference for the original GMT set of indys or for those of Xaphod's ?
3. Do you believe your set of rules should apply equally well to a basket trade ?

Thanks,
Athar.



Quoting mazprofx
Hi!

RJ,

Had a good trade of +270 pips on Eur/Jpy and I have discovered, how to exit a trade by making almost 90% from the move and it is as follows:-


http://pictat.com/i/2013/2/10/25569270.png



Always, exit a trade on a Sochastic cross of the current Time-frame with reference to the Sochastic of the HTF.




mazprofx.:nerd:
  • #9,317
  • Feb 10, 2013 10:50pm Feb 10, 2013 10:50pm
Quoting atharmian
mazprofx,

Simple and clear rules...great. Probably a bit rare combo, but then the risk also should be proportionally
smaller

As a newbie, I checked this thread and the Xaphod supplementary one from Friday/Saturday
(read all of Xaphod's and a couple hundred comments at the start and end of this thread.) Looks
to me that Xaphod has built a complete alternate set of indys that might be a tad more current and
inclusive.

So, I would like to start trading with your template, taking advantage of today's Japan holiday
to wait for the London open.

1....
You will have seen as you've read through the thread, that we test everything through all market conditions for at least one month. The exit idea of mazprofx may turn out to be very useful, maybe not. I would advise, as with everything, extensive testing before taking it live.

By the way, all the indicators you see here were coded by Xaphod and/or Cody_r, so everything you see here is available from Xaphod thread, or from Post # 1
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,318
  • Feb 10, 2013 11:01pm Feb 10, 2013 11:01pm
RJ,

Thanks for your considerate reply. I can see that yours is a well organized team resulting in
a well thought out system. Initially I ignored your thread seeing too many replies, but now,
having cycled back, I can see there is good reason for your thread being #1 or #2 in popularity

Sure I'll test this on demo first. So you are essentially confirming that folks can use either your thread's
indy set or Xaphod's? Xaphod thread started much later and is smaller, so I could read through all the
comments to understand what had been done. Your thread clearly is longer, being the original, so no
way I'll get it all, but I get the general outline.

Hopefully I wouldn't be just tilting windmills in a real account eventually ! But it is good to be the
Sancho Panza to listen and learn now

Athar.


Quoting realjumper
You will have seen as you've read through the thread, that we test everything through all market conditions for at least one month. The exit idea of mazprofx may turn out to be very useful, maybe not. I would advise, as with everything, extensive testing before taking it live.

By the way, all the indicators you see here were coded by Xaphod and/or Cody_r, so everything you see here is available from Xaphod thread, or from Post # 1
  • #9,319
  • Feb 10, 2013 11:53pm Feb 10, 2013 11:53pm
Quoting atharmian
RJ,

Thanks for your considerate reply. I can see that yours is a well organized team resulting in
a well thought out system. Initially I ignored your thread seeing too many replies, but now,
having cycled back, I can see there is good reason for your thread being #1 or #2 in popularity

Sure I'll test this on demo first. So you are essentially confirming that folks can use either your thread's
indy set or Xaphod's? Xaphod thread started much later and is smaller, so I could read through all the
comments to understand what had been done. Your...
If we use the indicators on Post #1, or the ones on Xaphods thread, they are all created by the same person...Xaphod. Cody_r had some input and coding as well, but Xaphod kindly and helpfully created the matrix and all subsequent indicators that you see on this thread. It's much easier for him to run his own thread with indicators that suit our system because then we can focus on the job in hand......making pips.....rather than get bogged down in technical issues to do with the various indicators. Any specific questions related to the indicators can be answered directly by Xaphod and if he considers it necessary, he will mention it here too. That way we are all up to speed with everything going on 'behind the scenes.'

Good luck with your testing.....it is a never ending test in many ways, but sooner or later you will want to put your money on the line, and that will open up a whole new world for you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,320
  • Feb 11, 2013 12:37am Feb 11, 2013 12:37am
RJ,

Got it. Thanks !

Athar.


Quoting realjumper
If we use the indicators on Post #1, or the ones on Xaphods thread, they are all created by the same person...Xaphod. Cody_r had some input and coding as well, but Xaphod kindly and helpfully created the matrix and all subsequent indicators that you see on this thread. It's much easier for him to run his own thread with indicators that suit our system because then we can focus on the job in hand......making pips.....rather than get bogged down in technical issues to do with the various indicators. Any specific questions related to the indicators...
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