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Genesis Matrix Trading

  • #10,161
  • Feb 27, 2013 4:50am Feb 27, 2013 4:50am
Quoting Jamz
I'll be polite....

Where do you find volume? Here in FF?
Jamz,

I use the IBFX platform and Sigtrader. I just looked back the last time we had low volume and it was on the 14th of February and lo and behold price was choppy!
.... laughing all the way to the bank
  • #10,162
  • Feb 27, 2013 4:59am Feb 27, 2013 4:59am
Quoting itsallover
Jamz,

I use the IBFX platform and Sigtrader. I just looked back the last time we had low volume and it was on the 14th of February and lo and behold price was choppy!
I just remembered, it was esignal that was the provider of data from about a zillion sources that the VSA Volume exponents favoured. I think they have a free trial but I haven't checked......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,163
  • Feb 27, 2013 5:04am Feb 27, 2013 5:04am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Thanks for that one, another handy hint I can check on.
  • #10,164
  • Feb 27, 2013 5:04am Feb 27, 2013 5:04am
Quoting leonardbeet
Thank you this is a method I've never seen before.

For some reason the theme it is not working for me. I use gallant fx mt4 , any compatibility issues you know about?

thanks
I see no reason why this won't work for you. MT4 is MT4 and unless your broker has an extremely old build, which is unlikely, you should be fine. You did download the zip file on Post #1?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,165
  • Feb 27, 2013 5:06am Feb 27, 2013 5:06am
Quoting realjumper
I just remembered, it was esignal that was the provider of data from about a zillion sources that the VSA Volume exponents favoured. I think they have a free trial but I haven't checked......
I wouldn't pay for this service unless there was a definite edge.
.... laughing all the way to the bank
  • #10,166
  • Feb 27, 2013 5:07am Feb 27, 2013 5:07am
Quoting itsallover
I wouldn't pay for this service unless there was a definite edge.
Fair enough. I don't know a great deal about volume but I know that malcolmb used to swear by it for his VSA thread.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,167
  • Feb 27, 2013 5:10am Feb 27, 2013 5:10am
I use eSignal as well and looked at volume.

But not as good as stochastics and Genesis dashboard.

A rising stochastics tells you buying pressure !!

Strongly rising stochastics, tells you lots of buying pressure
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #10,168
  • Feb 27, 2013 5:14am Feb 27, 2013 5:14am
Quoting Martyfish
I use eSignal as well and looked at volume.

But not as good as stochastics and Genesis dashboard.

A rising stochastics tells you buying pressure !!

Strongly rising stochastics, tells you lots of buying pressure
Is the difference in volume reading that noticeable?
.... laughing all the way to the bank
  • #10,169
  • Feb 27, 2013 5:22am Feb 27, 2013 5:22am
Stochastics rocks!

Thanx RJ for showing us this . I was a sceptic at first. Now I won't trade without it.
.... laughing all the way to the bank
  • #10,170
  • Feb 27, 2013 5:27am Feb 27, 2013 5:27am
Quoting itsallover
Is the difference in volume reading that noticeable?
I dont think so.

I think a big difference between stocks/shares and FX.

As there is a big "natural" volume (ie non-speculative) in FX.

Large volume can be unrelated to a tradeable move.

As opposed to shares
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #10,171
  • Feb 27, 2013 6:09am Feb 27, 2013 6:09am
RJ and Jamz, doesn't coffee make you feel agitated? For me one a day is more than enough. Wouldn't be able to sit patiently on my hands if I had more.
mind over matter
  • #10,172
  • Feb 27, 2013 6:12am Feb 27, 2013 6:12am
Quoting Martyfish
I dont think so.

I think a big difference between stocks/shares and FX.

As there is a big "natural" volume (ie non-speculative) in FX.

Large volume can be unrelated to a tradeable move.

As opposed to shares
Thanx for that Marty.

I've just noticed something.

Yesterday we had relatively high volume but PA hardly budged. If you look at the EJ 1 hr chart you'll notice that the volume was particulary higher on the down strokes and tapered off when PA approached 120.960 area.

So there was plenty of buying by the big boys yesterday.
And that's all I'm saying
.... laughing all the way to the bank
  • #10,173
  • Feb 27, 2013 6:20am Feb 27, 2013 6:20am
Quoting kosmo
RJ and Jamz, doesn't coffee make you feel agitated? For me one a day is more than enough. Wouldn't be able to sit patiently on my hands if I had more.
Not me Jo.....I drink lots of coffee....and in the unlikely event that I can't sleep, I get up, make some coffee and then after a cup I go back to bed and sleep well. Crazy I know but it works that way for me!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,174
  • Feb 27, 2013 6:50am Feb 27, 2013 6:50am
Bearish divergence on EU M15 stoch. I wouldn't mind a ride back to the pivot.
mind over matter
  • #10,175
  • Feb 27, 2013 6:55am Feb 27, 2013 6:55am
Quoting kosmo
Bearish divergence on EU M15 stoch. I wouldn't mind a ride back to the pivot.
US data incoming... I've been looking at my charts and trying to find a reason why not to enter and secure my SL asap..

But isn't stochastic conveying a lack of momentum right now? I mean price barely moved and stochastic is already in oversold territory.
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  • #10,176
  • Feb 27, 2013 7:11am Feb 27, 2013 7:11am
Quoting WDays
US data incoming... I've been looking at my charts and trying to find a reason why not to enter and secure my SL asap..

But isn't stochastic conveying a lack of momentum right now? I mean price barely moved and stochastic is already in oversold territory.
It's not oversold.....and look where it was just a few candles back
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,177
  • Feb 27, 2013 7:18am Feb 27, 2013 7:18am
RJ,
Could you please reference post 10,102 to page 1. It's a a great explanation on how to interpret one of the many ways to use Stochastics.
.... laughing all the way to the bank
  • #10,178
  • Feb 27, 2013 7:22am Feb 27, 2013 7:22am
Quoting itsallover
RJ,
Could you please reference post 10,102 to page 1. It's a a great explanation on how to interpret one of the many ways to use Stochastics.

Ok.....i'll do it tomorrow.....after coffee
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,179
  • Feb 27, 2013 7:23am Feb 27, 2013 7:23am
Quoting kosmo
Bearish divergence on EU M15 stoch. I wouldn't mind a ride back to the pivot.
Good call Jo
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,180
  • Feb 27, 2013 7:24am Feb 27, 2013 7:24am
Quoting WDays
US data incoming... I've been looking at my charts and trying to find a reason why not to enter and secure my SL asap..

But isn't stochastic conveying a lack of momentum right now? I mean price barely moved and stochastic is already in oversold territory.
I wasn't actually looking at M5 stoch. Only M15 and H1. It helps me to wait patiently for HTF setups. Very strong resistance at R1 is quite convincing to look for shorts at the moment.
mind over matter
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