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Genesis Matrix Trading

  • #9,921
  • Feb 22, 2013 2:54am Feb 22, 2013 2:54am
Quoting iwan73
Well, it is worst week for me this year. I cant catch synchronisation with market.
This is next loss trade.
Short EJ.
1. Breakout from congestion area on pivot
2. Candle clear below MA
3. Arrow
4. Div on M15 stoch.

Except, M30 was in a strong uptrend, even H1 had a fair amount of momentum
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,922
  • Feb 22, 2013 2:57am Feb 22, 2013 2:57am
With EJ being very volatile M15 is not enough, you need to look higher
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,923
  • Feb 22, 2013 2:59am Feb 22, 2013 2:59am
Went long on EU and EJ:
EU -10
EJ +8

News in 1 min. I'm watching the pivots now.
mind over matter
  • #9,924
  • Feb 22, 2013 3:08am Feb 22, 2013 3:08am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Had my buy price written down for EJ but price went up without me. I have time for coffee..... EJ is still in a range even now and yes, look to higher times now and then, I use the daily as just a reference to trend which is up today for EJ even though price has been coming down slowly over the last couple of weeks. The major move of the day may be something to follow Iwan73.
Many Frankie comments can be seen throughout the thread
  • #9,925
  • Feb 22, 2013 3:23am Feb 22, 2013 3:23am
Isn't that a bearish divergence on EJ H1... ?

Attached Image (click to enlarge)
Click to Enlarge Name: div.jpg Size: 89 KB
mind over matter
  • #9,926
  • Feb 22, 2013 3:31am Feb 22, 2013 3:31am
Quoting kosmo
Isn't that a bearish divergence on EJ H1... ?

Attachment
It's close isn't it? The stoch peaks seem to be flat on my chart
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,927
  • Feb 22, 2013 3:37am Feb 22, 2013 3:37am
Quoting realjumper
It's close isn't it? The stoch peaks seem to be flat on my chart
EU looks almost identical on H1. Both forming bearish pins at the moment, but the pivots are very close = wait, I guess
mind over matter
  • #9,928
  • Feb 22, 2013 3:58am Feb 22, 2013 3:58am
Quoting kosmo
EU looks almost identical on H1. Both forming bearish pins at the moment, but the pivots are very close = wait, I guess
Yep.....as we know....patterns and formations can instill a bias in us if we're not careful, so it's good to be aware of these things, but not to let them put us off our game plan.

I'm drinking lots of coffee and looking to find a chink in the PA that Genesis can exploit, but so far I don't see anything that is too interesting
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,929
  • Feb 22, 2013 4:08am Feb 22, 2013 4:08am
A clean break of 3200 could get me interested in dipping a toe in the water....
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 173 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,930
  • Feb 22, 2013 4:20am Feb 22, 2013 4:20am
Quoting realjumper
That was a fair enough entry....we can't win them all!
Thanks for response. I dont imagine or demand only good signals from any system. All we know how this bussines works.
Your words quiten me down.

Marty, i will pay more attention to H1 stoch on EJ pair.
  • #9,931
  • Feb 22, 2013 4:27am Feb 22, 2013 4:27am
Quoting realjumper
Yep.....as we know....patterns and formations can instill a bias in us if we're not careful, so it's good to be aware of these things, but not to let them put us off our game plan.

I'm drinking lots of coffee and looking to find a chink in the PA that Genesis can exploit, but so far I don't see anything that is too interesting
I am so careful not to instill a bearish bias in my head on EU or EJ that I went long GU instead

Enjoy your coffee RJ, and thank you for so tirelessly reminding us what is really important
mind over matter
  • #9,932
  • Feb 22, 2013 4:28am Feb 22, 2013 4:28am
Quoting iwan73
Well, it is worst week for me this year. I cant catch synchronisation with market.
This is next loss trade.
Short EJ.
1. Breakout from congestion area on pivot
2. Candle clear below MA
3. Arrow
4. Div on M15 stoch.
FWIW iwan73, I look at the direction of the yellow MA on the chart, be it the M5 or M15, and if it is still rising (for shorts) after the signal bar has completed I let the trade go (just like the trade you took on the EJ - the MA is still rising steeply) - the opposite for longs (of course). Yes, I miss some trades but it seems to filter out those whipsaw/congestion trades. It's just another thing I look at and makes a HPT more likely.

I like to see flat, falling or some softening of the MA for short trades. I don't know if anyone else looks at this but this observation alone has kept me out of crappy trades.
  • #9,933
  • Feb 22, 2013 6:52am Feb 22, 2013 6:52am
Great Genesis signal on GU
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,934
  • Feb 22, 2013 6:56am Feb 22, 2013 6:56am
Quoting Martyfish
Great Genesis signal on GU
Instead of a few bars before the short was not so good? Only that went into loss
  • #9,935
  • Feb 22, 2013 6:58am Feb 22, 2013 6:58am
Quoting Martyfish
Great Genesis signal on GU
Closing for 30 pips

Just happy to get some profits today
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,936
  • Feb 22, 2013 7:09am Feb 22, 2013 7:09am
Quoting Martyfish
Closing for 30 pips

Just happy to get some profits today
Congrats Marty!

I was in long already when the HTF signal came. Clear divergence on M5 and M15 at the time of my entry. Took two thirds of the profit off at R1 and the rest is free to go.

Attached Image (click to enlarge)
Click to Enlarge Name: 2gu220213.gif Size: 45 KB
mind over matter
  • #9,937
  • Feb 22, 2013 7:11am Feb 22, 2013 7:11am
Quoting kosmo
Congrats Marty!

I was in long already when the HTF signal came. Clear divergence on M5 and M15 at the time of my entry. Took two thirds of the profit off at R1 and the rest is free to go.

Attachment
Awesome Jo great trading !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #9,938
  • Feb 22, 2013 7:17am Feb 22, 2013 7:17am
Quoting Martyfish
Awesome Jo great trading !!
Cheers!
mind over matter
  • #9,939
  • Feb 22, 2013 8:28am Feb 22, 2013 8:28am
Quoting kosmo
Congrats Marty!

I was in long already when the HTF signal came. Clear divergence on M5 and M15 at the time of my entry. Took two thirds of the profit off at R1 and the rest is free to go.

Attachment
Kosmo,

What is the indicator in the upper right corner of your chart ?
  • #9,940
  • Feb 22, 2013 8:39am Feb 22, 2013 8:39am
Quoting Bergit
Kosmo,

What is the indicator in the upper right corner of your chart ?
Bergit,

That's a currency strength meter. It measures each currency's strength relative to others, and can be helpful in choosing the right pairs to trade (1. strongest; 8. weakest). For inputs use: 35, 35, and false.

Enjoy!

Attached File(s)
File Type: ex4 1000pips Mini.ex4   8 KB | 1,014 downloads
mind over matter
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