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Genesis Matrix Trading

  • #10,441
  • Mar 6, 2013 2:43am Mar 6, 2013 2:43am
Quoting Jamz
I need someone to look into their coffee pot....I mean crystal ball....and tell me what the BOE chappy is going to say...good news or bad? My shout if you're right..... Will it be market moving news or blah, blah, blah (please excuse my precise technical terminology)

.... most likely blah blah news .... but Marty can decipher this blah stuff ... we'll ask him
.... laughing all the way to the bank
  • #10,442
  • Mar 6, 2013 2:47am Mar 6, 2013 2:47am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting itsallover
.... most likely blah blah news .... but Marty can decipher this blah stuff ... we'll ask him
Yes, Marty can tell from what coloured tie he is wearing or if it is crooked -- I hope his shirt is tucked in too
  • #10,443
  • Mar 6, 2013 2:47am Mar 6, 2013 2:47am
Quoting itsallover
..... but I don't like strong coffee... so what options do I have?
We'll get you a lady's decaf one
mind over matter
  • #10,444
  • Mar 6, 2013 2:55am Mar 6, 2013 2:55am
Hey there,

I read somewhere, earlier this week, think it was a bloomberg interview, that BOE might be in for an intervention because of such a weak cable. What happens today could create some volatility and set a direction for risk currencies. Especially with ECB IR decision coming out tomorrow.
  • #10,445
  • Mar 6, 2013 3:11am Mar 6, 2013 3:11am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting WDays
Hey there,

I read somewhere, earlier this week, think it was a bloomberg interview, that BOE might be in for an intervention because of such a weak cable. What happens today could create some volatility and set a direction for risk currencies. Especially with ECB IR decision coming out tomorrow.
Thanks WDays, I'm in a GU trade with some profit and at B.E. to watch what happens so all good here. I'm glad it moved before the news. I'm am not sure what the IR stands for ? Don't tell RJ those guys are chatting too....

Today I made a vow never to trade Asian again after suffering a 6 hour death sentence...I now feel older than Marty!
  • #10,446
  • Mar 6, 2013 3:12am Mar 6, 2013 3:12am
We've non-farm numbers on friday, that might just freshen things up and bring back momentum (for the entire month ).
  • #10,447
  • Mar 6, 2013 3:17am Mar 6, 2013 3:17am
Quoting Jamz
Thanks WDays, I'm in a GU trade with some profit and at B.E. to watch what happens so all good here. I'm glad it moved before the news. I'm am not sure what the IR stands for ? Don't tell RJ those guys are chatting too....

Today I made a vow never to trade Asian again after suffering a 6 hour death sentence...I now feel older than Marty!
I meant interest rate
  • #10,448
  • Mar 6, 2013 3:20am Mar 6, 2013 3:20am
Quoting Ati_82
We've non-farm numbers on friday, that might just freshen things up and bring back momentum (for the entire month ).
Well someone is defending the 1.30 EU level seemingly at all costs......not sure who's doing it, but we will see what happens because if the NFP circus is good for USD then it's doing to put pressure on the 1.30 level if we're still in this same place.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,449
  • Mar 6, 2013 3:22am Mar 6, 2013 3:22am
Quoting WDays
Hey there,

I read somewhere, earlier this week, think it was a bloomberg interview, that BOE might be in for an intervention because of such a weak cable. What happens today could create some volatility and set a direction for risk currencies. Especially with ECB IR decision coming out tomorrow.
Any intervention the BOE can do, would be Cable negative, and we are now in a position where weak cable is beneficial for economic growth, but weak cable is continuing to have a very adverse impact on inflation.

I believe inflation is the bigger issue.

But, yes, there has been talk of more QE (cable negative).

But the decision on QE is more to do with Money supply, and that has been weak recently.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #10,450
  • Mar 6, 2013 3:22am Mar 6, 2013 3:22am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting WDays
I meant interest rate
Cheers! I may have given away some clue destroying my online persona! Dang! I just remembered -- I AM older than Marty!!!
  • #10,451
  • Mar 6, 2013 3:28am Mar 6, 2013 3:28am
Quoting Martyfish
Any intervention the BOE can do, would be Cable negative, and we are now in a position where weak cable is beneficial for economic growth, but weak cable is continuing to have a very adverse impact on inflation.

I believe inflation is the bigger issue.

But, yes, there has been talk of more QE (cable negative).

But the decision on QE is more to do with Money supply, and that has been weak recently.
Thanks for clearing that up!

Quoting Jamz
Cheers! I may have given away some clue destroying my online persona! Dang! I just remembered -- I AM older than Marty!!!
Haha I feel kind of out of place, I'm probably the youngest here.
  • #10,452
  • Mar 6, 2013 3:31am Mar 6, 2013 3:31am
Quoting Martyfish
Any intervention the BOE can do, would be Cable negative, and we are now in a position where weak cable is beneficial for economic growth, but weak cable is continuing to have a very adverse impact on inflation.

I believe inflation is the bigger issue.

But, yes, there has been talk of more QE (cable negative).

But the decision on QE is more to do with Money supply, and that has been weak recently.
Exactly right Marty.....Cameron and Osbourne are between a rock and hard place. I've been shorting GU for ages and I see no reason to stop at this stage
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,453
  • Mar 6, 2013 3:40am Mar 6, 2013 3:40am
Quoting realjumper
I've been shorting GU for ages
Yes, and so have I

Quoting realjumper
I see no reason to stop at this stage
Couldn't agree more !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #10,454
  • Mar 6, 2013 3:44am Mar 6, 2013 3:44am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting Martyfish
Yes, and so have I
And I'm catching on too!
  • #10,455
  • Mar 6, 2013 3:45am Mar 6, 2013 3:45am
Quoting Martyfish
Any intervention the BOE can do, would be Cable negative
Except of course to raise interest rates

But there is as much chance of that as me, waking up to celebrate my 30th
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #10,456
  • Mar 6, 2013 3:48am Mar 6, 2013 3:48am
Quoting Jamz
And I'm catching on too!
It was way too early for me when gu bounced off from DP and I didn't feel like rushing to get on board a moving train otherwise the entry was pretty perfect
  • #10,457
  • Mar 6, 2013 4:06am Mar 6, 2013 4:06am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
I was late to the scene too but liked the way it had come back down from the DP and had been watching for a Sell to set up nicely.
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  • #10,458
  • Mar 6, 2013 4:18am Mar 6, 2013 4:18am
Quoting Simon H
Question about the 5_15 Genesis Document regarding entries please.

Entry 1: Even though it doesnt say, the clear assumption is this is done on a 5 min chart. - no prob

Entry 2: What TF chart is this done on? M5 or M15? The instructions refer to the M15 arrow appearing, looking at the sample screen shots the M15 arrow appears to be on the M5 screen. From all the screenshots (I have seen) that have been posted in the thread, no one appears to have this set up. Are you simply switching over to view the M15 chart independently and making a call...
OK Simon,

let's pass through your questions.



Entries:

  1. In Genesis there is just one type of entry (see post #2)
  2. All the entries were in compliance with the standard Genesis rules (post #2).
  3. The reference TF was M5.

Arrows:

  1. Both M5 and M15 arrows are confirmation signals.
  2. You can use MTF arrow indi in M5 TF or switch to M15 TF with std arrow indi according to your preferences/habit.

5-15 Variant:
In the pdf we simply measured the stats of the arrows (both M5 and M15) when Genesis signal comes on and a right set up is in place.
Particularly we verified if M5 and M15 arrows were already on the chart when Genesis signal arose (YES/NO is related to the presence of the arrows). If they weren't we measured how many bars we had to wait in average for seeing the arrows.
According to this analysis we can say that if M15 arrow is already on your char and you have a signal in the same direction this is a HPT.
Obviously the outcome of the trade depends on the market conditions and the trader can choose among different types of exits in order to get the maximum from the system.

I hope this can figure out better your doubts.
Here you can find some other clarifications.

Let me know if you need more info.

ciao

wiz

You control how you trade; the market controls how and when you'll get paid
  • #10,459
  • Mar 6, 2013 4:18am Mar 6, 2013 4:18am
This is the guts of what King is yappin about......I think he hasn't shut up yet either!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,460
  • Mar 6, 2013 4:20am Mar 6, 2013 4:20am
Quoting wiz3003
OK Simon,

let's pass through your questions.


Entries:

  1. In Genesis there is just one type of entry (see post #2)
  2. All the entries were in compliance with the standard Genesis rules (post #2).
  3. The reference TF was M5.

Arrows:[list][*]Both M5 and M15 arrows are confirmation signals.[*]You can use MTF arrow indi in M5 TF or switch to M15 TF with std...

Thank you wiz
Doing what you like is Freedom. Liking what you do is Happiness.
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