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Genesis Matrix Trading

  • #9,381
  • Feb 12, 2013 7:28am Feb 12, 2013 7:28am
Quoting iwan73
Marty, i thought that M15 stoch was becoming weaker. It was alert for me that this trade was not good. It was crossed down but was of course
on high level (more than 50).
I agree, it was congested PA. but M15 Genesis tape was mostly green.

And most recent trend was up, so congrats you were on the right side, just unlucky with timing

Try overlaying H1 stoch over your M15 stoch
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,382
  • Feb 12, 2013 7:35am Feb 12, 2013 7:35am
Quoting itsallover
....... our resident pipmonster? ..... senior moment?.... don't think so lol

Oh believe me it has started !!

Thats why I have to repeat my trading signals out load regularly through the day, and prior to each trade check them off my sheet.

I also have numerous trading psychology matras I repeat thoughout the day.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,383
  • Feb 12, 2013 7:35am Feb 12, 2013 7:35am
[quote=Martyfish;6438938]

Try overlaying H1 stoch over your M15 stoch[/quote
Ok. H1 stoch is overlayed on M15.
What can i see?
Trade was closed at 11.55. Five minutes to H1 bar closing. H1 Stoch was crossed to the upside.
What a pitty.
  • #9,384
  • Feb 12, 2013 7:57am Feb 12, 2013 7:57am
G7 statement misinterpreted !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,385
  • Feb 12, 2013 8:00am Feb 12, 2013 8:00am
What was that on EJ?
.... laughing all the way to the bank
  • #9,386
  • Feb 12, 2013 8:03am Feb 12, 2013 8:03am
Quoting itsallover
What was that on EJ?
G7 statement on currency manipulation misinterpreted !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,387
  • Feb 12, 2013 8:04am Feb 12, 2013 8:04am
So the Japs are manipulating their currency, and they are bad boys !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,388
  • Feb 12, 2013 8:04am Feb 12, 2013 8:04am
Quoting itsallover
What was that on EJ?
I've never seen that before
  • #9,389
  • Feb 12, 2013 9:07am Feb 12, 2013 9:07am
Quoting nikz
I've never seen that before
No its not often G7 come out and say one thing then a few hours later, say the complete opposite !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,390
  • Feb 12, 2013 10:04am Feb 12, 2013 10:04am
genesis rocks........ i took 50 pips on eu thanks RJ
Attached Image (click to enlarge)
Click to Enlarge Name: 1234.gif Size: 78 KB
  • #9,391
  • Feb 12, 2013 10:12am Feb 12, 2013 10:12am
Quoting vijjuk
genesis rocks........ i took 50 pips on eu thanks RJ
Congrats vijjuk !!

Its not a bad system

Took + 42 with GU !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,392
  • Feb 12, 2013 10:15am Feb 12, 2013 10:15am
Afterwards its always easy.

One question. Why not to choose the circled Signal ?

If it was a Signal..

Waiting to long with the entry and maybe loosing some pips on exit, it could be a risky trade even if it was a up Signal..
Attached Image (click to enlarge)
Click to Enlarge Name: genesis m5.jpg Size: 392 KB
How to opt out annoying user signatures ??
  • #9,393
  • Feb 12, 2013 10:23am Feb 12, 2013 10:23am
RJ what is u r view on this ?
  • #9,394
  • Feb 12, 2013 10:51am Feb 12, 2013 10:51am
Quoting Toranaga
Afterwards its always easy.

One question. Why not to choose the circled Signal ?

If it was a Signal..

Waiting to long with the entry and maybe loosing some pips on exit, it could be a risky trade even if it was a up Signal..
The 5 min stochastics were going up but the 15 min stochastics started to slope down. That is the only reason I can see. Lets wait for other opinions.
What the mind does not know, the eyes cannot see
  • #9,395
  • Feb 12, 2013 10:55am Feb 12, 2013 10:55am
Quoting vijjuk
genesis rocks........ i took 50 pips on eu thanks RJ
Nice trade vijjuk! Just a quick question: are you using single time frame stochastics only, or do you have any other way of keeping an eye on higher time frame? Sorry if I am being nosy!
What the mind does not know, the eyes cannot see
  • #9,396
  • Feb 12, 2013 11:57am Feb 12, 2013 11:57am
possible to use TMA LINE indicator on the system ?
Hi, everybody. Forgive if I write with mistakes.
  • #9,397
  • Feb 12, 2013 12:01pm Feb 12, 2013 12:01pm
Quoting padila
The 5 min stochastics were going up but the 15 min stochastics started to slope down. That is the only reason I can see. Lets wait for other opinions.
That's what I was thinking, then saw your response !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,398
  • Feb 12, 2013 1:20pm Feb 12, 2013 1:20pm
Quoting Rion
possible to use TMA LINE indicator on the system ?
Rion,

Anyone is perfectly entitled to add whatever indicator they like.

However, ....

We have strict rules on this thread, that discussion/mention of any non-Genesis indicator is not raised.

The Team that designed this sytem, after many man-months of testing, by some very experienced and knowledgeable traders, have included all indicators they believe necessary for a profitable trading system.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,399
  • Feb 12, 2013 2:10pm Feb 12, 2013 2:10pm
Quoting Toranaga
Afterwards its always easy.

One question. Why not to choose the circled Signal ?

If it was a Signal..

Waiting to long with the entry and maybe loosing some pips on exit, it could be a risky trade even if it was a up Signal..
Hi Toranga,

here my 2 cent based on Genesis system only.

Pros for entry:

  1. DR1 bounce
  2. stoch M5 cross and moves up
  3. Matrix signal
  4. M15 arrow UP and M5 arrow comes on

Cons for entry :

  1. M15 stoch no good.

.... and an additional little general comment. When RJ writes Genesis is not for newbies (and I am sure you aren't) he means that we need to have always in mind the "big picture".

If we have a look at the enclosed pic we can find the last 2-3 days EU in M30 TF. As we can immediately see price has been 2 days in a range wide about 60 pips and today finally price broke it out. In these cases we know that a re-test of the top of the range is what many people are waiting for re-entering and the TP1 for these kind of guys is the wide of the range (60 pips in this case).

Having said that the first entry could be a winner due to the pros but also not due to the other reasons. In any case we could re-enter the second time when price tested the top of the range ;-)

ciao

wiz

Attached Image (click to enlarge)
Click to Enlarge Name: EU Genesis.jpg Size: 234 KB
You control how you trade; the market controls how and when you'll get paid
  • #9,400
  • Feb 12, 2013 2:12pm Feb 12, 2013 2:12pm
Quoting Rion
possible to use TMA LINE indicator on the system ?
Simply NO. Sorry.
You control how you trade; the market controls how and when you'll get paid
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