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Genesis Matrix Trading

  • #11,081
  • Mar 20, 2013 11:41am Mar 20, 2013 11:41am
Quoting kosmo
Nothing's really moving. I'm staying flat for now.
.... laughing all the way to the bank
  • #11,082
  • Mar 20, 2013 11:44am Mar 20, 2013 11:44am
Has anybody managed to catch this short on GU? I was hesitating and did not enter since I didn't see synchronized stox movement.
RJ, Marty and other members, was it HPT?
Attached Image (click to enlarge)
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  • #11,083
  • Mar 20, 2013 12:05pm Mar 20, 2013 12:05pm
Quoting Cold_W
Has anybody managed to catch this short on GU? I was hesitating and did not enter since I didn't see synchronized stox movement.
RJ, Marty and other members, was it HPT?
Cold,

Yup I got it, and yes it was a HPT !! Pivoting off R2
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,084
  • Mar 20, 2013 12:11pm Mar 20, 2013 12:11pm
Attached Image (click to enlarge)
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I also shorted GU at 1.5159 with +10 locked so far.

I'm new to the system so feel free to offer any advice
I love forex. One day it will love me back.
  • #11,085
  • Mar 20, 2013 12:12pm Mar 20, 2013 12:12pm
Quoting Martyfish
Cold,

Yup I got it, and yes it was a HPT !! Pivoting off R2
Marty, thank you. @ what price did you sell?
  • #11,086
  • Mar 20, 2013 12:18pm Mar 20, 2013 12:18pm
Quoting waheedpcc
if you don't mind can express some deeper info , because em missing lot of opportunity
There is nothing deeper.

For the first 2 years of trading, I spent in excess of 15 hours a day, 7 days a week observing PA, on weekends going over and over that weeks PA, over and over again (my wife tells me I am obsessed). I still put in minimum 12 hour days.

It sounds incredibly boring (and it was), but that is the only way, I now see PA developing recognisable behaviour, and when it follows certain "patterns", I trade (or stay out as the case may be).

Sorry, but I cant explain any better than that.

In my early days of trading, I used to read about experienced traders, using only PA to trade, and I thought (at the time) what a load of bollocks !!

Now I understand what they mean. There is no easy "holy grail" out there.

The only thing I personally would add to Genesis was stronger moving averages, but that is just a personal thing, I am a big fan of MAs, as they dont diverge, like all indicators do.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,087
  • Mar 20, 2013 12:20pm Mar 20, 2013 12:20pm
Quoting Cold_W
Marty, thank you. @ what price did you sell?
Close to R1, havent done my diary today (naughty Marty !!)
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,088
  • Mar 20, 2013 12:28pm Mar 20, 2013 12:28pm
Marty, you should write a book about trading (I'd certainly buy it) and dedicate it to your wife!
  • #11,089
  • Mar 20, 2013 12:29pm Mar 20, 2013 12:29pm
Quoting Singha83
Attachment

I also shorted GU at 1.5159 with +10 locked so far.

I'm new to the system so feel free to offer any advice
Did you put initial SL?
  • #11,090
  • Mar 20, 2013 12:30pm Mar 20, 2013 12:30pm
Can I ask what "HPT" stands for?

I put a initial SL at the swing high. I then moved it to lock in +10 above the support to just ensure I would walk out with something.
I love forex. One day it will love me back.
  • #11,091
  • Mar 20, 2013 12:32pm Mar 20, 2013 12:32pm
Quoting Singha83
Can I ask what "HPT" stands for?
high probability trade
  • #11,092
  • Mar 20, 2013 12:41pm Mar 20, 2013 12:41pm
Quoting Cold_W
Marty, you should write a book about trading (I'd certainly buy it) and dedicate it to your wife!
Excellent idea! I'm buying too
mind over matter
  • #11,093
  • Mar 20, 2013 12:46pm Mar 20, 2013 12:46pm
Quoting kosmo
Excellent idea! I'm buying too
It should come with DVD tutorial from RJ as well!
  • #11,094
  • Mar 20, 2013 1:41pm Mar 20, 2013 1:41pm
Quoting Cold_W
It should come with DVD tutorial from RJ as well!
RJ deserves his own TV channel
mind over matter
  • #11,095
  • Mar 20, 2013 1:44pm Mar 20, 2013 1:44pm
Quoting kosmo
RJ deserves his own TV channel
In this case we should start a fundraising company and buy him a TV satellite
  • #11,096
  • Mar 20, 2013 1:51pm Mar 20, 2013 1:51pm
Quoting Cold_W
Marty, you should write a book about trading (I'd certainly buy it) and dedicate it to your wife!
That's very kind of you, but having read dozens of trading books, there is so much shit out there, I thought only people who cant trade; wrote trading books !!

Being fascinated by financial markets and economics, certainly makes it a lot easier.

So enjoy the challenge
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,097
  • Mar 20, 2013 1:56pm Mar 20, 2013 1:56pm
Quoting Martyfish

Being fascinated by financial markets and economics, certainly makes it a lot easier.

So enjoy the challenge
I'll certainly try.
Why EU is rushing about and can't find the direction? Contradictory news?
  • #11,098
  • Mar 20, 2013 2:06pm Mar 20, 2013 2:06pm
Quoting Cold_W
I'll certainly try.
Why EU is rushing about and can't find the direction? Contradictory news?
Bernanke is speaking
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,099
  • Mar 20, 2013 2:09pm Mar 20, 2013 2:09pm
Scalping update. EJ has been very generous today; target met, time to relax
Attached Image (click to enlarge)
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mind over matter
  • #11,100
  • Mar 20, 2013 2:11pm Mar 20, 2013 2:11pm
Quoting kosmo
Scalping update. EJ has been very generous today; target met, time to relax
Congrats Jo, certainly has been a profitable day !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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