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Genesis Matrix Trading

  • #10,721
  • Mar 12, 2013 5:25am Mar 12, 2013 5:25am
Well a lot quicker than yesterday +70 pips again on EJ this time down and another 20% on the account
  • #10,722
  • Mar 12, 2013 5:28am Mar 12, 2013 5:28am
In EU, PA walks between DP and DS1, is difficult in these conditions, I negotiate with TF M5, because we can not have indicators all pointing in the same direction.
The business track is narrow. This is my opinion, right now.

Any comment about this?
"Nothing is so useful to man, as the resolution without hurry". Henry Ford
  • #10,723
  • Mar 12, 2013 5:34am Mar 12, 2013 5:34am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting lastingwell
Well a lot quicker than yesterday +70 pips again on EJ this time down and another 20% on the account
I can see you doing this all week!!! Is that sell beneath the DP like a pending order? or nimble fingers? Just wondering.....You are brilliant!!!!
  • #10,724
  • Mar 12, 2013 5:38am Mar 12, 2013 5:38am
Quoting Jamz
I can see you doing this all week!!! Is that sell beneath the DP like a pending order? or nimble fingers? Just wondering.....You are brilliant!!!!
No I stayed up last night because price had hit Fridays high with good divergence on M5 and a small divergence on H1 price had also moved a long way. Had to wait though for a good entry (in my eyes) till 3.50am gmt when price had made a decent lower high as well on M5 and trailed behind the swing high took 70 pips because I wanted to go to bed Had a cat nap and back up again but not sure I will put another trade in today unless I see something really good.
  • #10,725
  • Mar 12, 2013 5:42am Mar 12, 2013 5:42am
Quoting lastingwell
Well a lot quicker than yesterday +70 pips again on EJ this time down and another 20% on the account
Very nice...well done
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,726
  • Mar 12, 2013 5:44am Mar 12, 2013 5:44am
Quoting PT-onyfx
In EU, PA walks between DP and DS1, is difficult in these conditions, I negotiate with TF M5, because we can not have indicators all pointing in the same direction.
The business track is narrow. This is my opinion, right now.

Any comment about this?
You're right....until EU can break out from this crap range, we either have to take small trades, or else trade a different pair. I've been on GU and the Yen crosses because EU just won't break free yet.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,727
  • Mar 12, 2013 5:46am Mar 12, 2013 5:46am
Quoting lastingwell
No I stayed up last night because price had hit Fridays high with good divergence on M5 and a small divergence on H1 price had also moved a long way. Had to wait though for a good entry (in my eyes) till 3.50am gmt when price had made a decent lower high as well on M5 and trailed behind the swing high took 70 pips because I wanted to go to bed Had a cat nap and back up again but not sure I will put another trade in today unless I see something really good.
I think currency trading has the most anti-social work hours of just about any job! Still....I don't mind
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,728
  • Mar 12, 2013 5:48am Mar 12, 2013 5:48am
Quoting realjumper
I think currency trading has the most anti-social work hours of just about any job! Still....I don't mind
Yes we cant expect to have all our own way this side of the world, have to join into your hours sometimes
  • #10,729
  • Mar 12, 2013 5:53am Mar 12, 2013 5:53am
Quoting lastingwell
Yes we cant expect to have all our own way this side of the world, have to join into your hours sometimes
Still beats the 9-5 routine though
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,730
  • Mar 12, 2013 5:56am Mar 12, 2013 5:56am
Quoting realjumper
Still beats the 9-5 routine though
The pay is definitely better I have to say thank you as well for introducing me to HA candles. I resisted for the longest time because I couldnt really see the point of them but its definitely helped me stay in much longer things somehow look a lot clearer with them and after reading everything there is to read on them I wont be taking them off again so thank you for that.
  • #10,731
  • Mar 12, 2013 6:01am Mar 12, 2013 6:01am
Quoting lastingwell
The pay is definitely better I have to say thank you as well for introducing me to HA candles. I resisted for the longest time because I couldnt really see the point of them but its definitely helped me stay in much longer things somehow look a lot clearer with them and after reading everything there is to read on them I wont be taking them off again so thank you for that.
You're welcome. I still like Japanese candles for long term analysis, but for the short term, imo, HA candles are the way to go...it just take time to understand and appreciate them because they are different from what we 'cut our teeth' on.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,732
  • Mar 12, 2013 9:43am Mar 12, 2013 9:43am
I open sell on EU. It's so risky, because it is a cont-trend position and scoth M15 just started to drop below 80. But let's see what happens later
  • #10,733
  • Mar 12, 2013 10:02am Mar 12, 2013 10:02am
EJ is hitting DP, rupture, can go to DS1, I think!
"Nothing is so useful to man, as the resolution without hurry". Henry Ford
  • #10,734
  • Mar 12, 2013 10:20am Mar 12, 2013 10:20am
Quoting realjumper
You're right....until EU can break out from this crap range, we either have to take small trades, or else trade a different pair. I've been on GU and the Yen crosses because EU just won't break free yet.
I'm also looking at jpy pairs because EU is ridiculous, but I'm too unsure to trade any jpy pair right now, so only looking for the time being. I'm just not confident enough yet

Quoting Ksander
I open sell on EU. It's so risky, because it is a cont-trend position and scoth M15 just started to drop below 80. But let's see what happens later
It's a sideways trend, a range, so there is no counter-trend trades imo
  • #10,735
  • Mar 12, 2013 10:27am Mar 12, 2013 10:27am
Quoting PT-onyfx
EJ is hitting DP, rupture, can go to DS1, I think!
Near to ATR (low1)
"Nothing is so useful to man, as the resolution without hurry". Henry Ford
  • #10,736
  • Mar 12, 2013 12:32pm Mar 12, 2013 12:32pm
Quoting Ksander
I open sell on EU. It's so risky, because it is a cont-trend position and scoth M15 just started to drop below 80. But let's see what happens later
I closed trades with total profit 50 pips (2 orders 20+30)
  • #10,737
  • Mar 12, 2013 3:36pm Mar 12, 2013 3:36pm
Quoting WDays
I'm also looking at jpy pairs because EU is ridiculous, but I'm too unsure to trade any jpy pair right now, so only looking for the time being. I'm just not confident enough yet

If youre unsure go onto a demo account and trade a couple of them Im sure you will find there is not a lot of difference with them.
  • #10,738
  • Mar 12, 2013 5:40pm Mar 12, 2013 5:40pm
Quoting lastingwell
If youre unsure go onto a demo account and trade a couple of them Im sure you will find there is not a lot of difference with them.
I think I'll take your advice, better to learn something than to waste my time glaring at my screen.
  • #10,739
  • Mar 13, 2013 12:00am Mar 13, 2013 12:00am
Hi all, I'm a fan of this thread and thanks for RJ coming up with this great system and the team Wiz3003, Ohammond, Cody, Oliverforex, Xaphod for putting up together with this system.

I've been following this thread for a few weeks and has re-read the 5-15 Genesis Strategy and Genesis Summary which is put together by Wiz3003.

I've have just a few questions to clarify regarding this strategy's Entry 2 criteria on this recent EJ chart. As per attached is yesterday's EJ chart and the points of entry starts from London open until 1st half of NY session.

As per entry rule 2 states: This entry is the same as standard one but we use M15 arrow as a filter and we enter in the market only in the direction of the M15 arrow. As you can see from the following statistics, this increases the return of the system using either exit strategy.

At point 1,
a) is that a valid entry for this entry rule 2?
b) Do we have any regards to m15 stoch?
c) Is the lower high PA correctly spotted cos sometimes when I see a lower high or a higher low, it might just turn out the opposite direction?

I did enter a short here but during that time, m15 stoch is still rising until a stronger down PA pushes this m15 stoch to cross and fall eventually. On that rule 2, it didnt say anything about m15 stoch but only mentioned m15 arrow appear and take the signal in the m15 arrow's direction.

At point 2,
a)is the higher low correctly spotted?
m5 Stoch is risen from below and made a higher low as well.
b) Sometimes spotting higher low and lower high can be confusing just for example, if at point 1 entry that it turned up instead of down, it can become a higher low instead of lower high as the blue lines drawn.
at point 2, we can both draw a higher low and lower high, but how do we filter which lower high and higher low to be more valid without being confused especially when the genesis signal come before PA breaks out on the high side?

Ar point 3,
a) can this entry be regarded to entry rule 2 above?
b) I am suspecting whether for entry rule 2 to be valid, should the m5 stoch in this case fall into OS zone then rise up again rather than in the middle of the halfway drop, it turned up?

At point 4,
Will anyone take this trade since there's no lower high and m15 stoch although is crossed but still has not fallen from OB zone yet cos stoch when it rises, in trend it can be staying in the OB zone for a long time until it falls down out of OS zone?
It has no retest to DP upon this fall and news coming in 20min later.

Of these 4 points, which one has the highest probability trade and whether point 1 is the exact entry rule 2 that can apply without much regards to m15 stoch cos it has m15 arrow as a filter while m5 stoch is a valid entry criteria?

many thanks if RJ and the team can enlighten me for these queries.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 13 March 2013.png Size: 189 KB
  • #10,740
  • Mar 13, 2013 2:06am Mar 13, 2013 2:06am
My chart looks different to yours in as much as the Daily pivot is in a different place for yesterday mine was at roughly 123.31 which made trade number 1 for me not a high probability trade ( I got into the trade in the Asian session) but probably wouldnt have taken it where youve pointed out. I also always take note of the M15 stoc I would not trade against it. I also like to see other things that help the trade so trade 2 with M15 divergence and excellent placings of both stocs would have been the highest probability to me. There had been a lower high yes but that was not followed by lower low it was followed by a higher low. Trade 3 I wouldnt take as the M5 stoc was not in a good position it was coming from too high, Trade 4 was again for me just above the pivot.

Just my opinion though fwiw.

Quoting kwissy
Hi all, I'm a fan of this thread and thanks for RJ coming up with this great system and the team Wiz3003, Ohammond, Cody, Oliverforex, Xaphod for putting up together with this system.

I've been following this thread for a few weeks and has re-read the 5-15 Genesis Strategy and Genesis Summary which is put together by Wiz3003.

I've have just a few questions to clarify regarding this strategy's Entry 2 criteria on this recent EJ chart. As per attached is yesterday's EJ chart and the points of entry starts from London open until 1st half of NY session.

As...
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