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Genesis Matrix Trading

  • #11,161
  • Mar 21, 2013 7:43am Mar 21, 2013 7:43am
Quoting kwissy
Hi Kosmo,

It was a close shave that you can close the trade in the nick of time and after that it just ran down all the way.

May I ask regarding your first trade, how come you enter the trade so late when genesis trigger a long just about 10min after london open but then again, at that time m15 stoch still not ready yet?

I'm just curious.
Hi kwissy,

My first trade was before LO and I know it was a bit risky. However, the price showed some momentum and I was expecting it wanted to test today's open before turning the other way. Using preset TP and SL (lvoe EA) is very helpful. I just trigger a market order and don't need to worry about closing the trade manually.
Attached Image (click to enlarge)
Click to Enlarge Name: kw1.jpg Size: 100 KB
mind over matter
  • #11,162
  • Mar 21, 2013 8:00am Mar 21, 2013 8:00am
Quoting Jamz
I'm writing on my blackboard like Bart....."I will not become a scalper, I will not become a scalper,....
Too late, Jamz. There's no escape...
mind over matter
  • #11,163
  • Mar 21, 2013 8:10am Mar 21, 2013 8:10am
Quoting kosmo
Hi kwissy,

My first trade was before LO and I know it was a bit risky. However, the price showed some momentum and I was expecting it wanted to test today's open before turning the other way. Using preset TP and SL (lvoe EA) is very helpful. I just trigger a market order and don't need to worry about closing the trade manually.
That was neat!
Thanks for the explanation.
But I thought daylight savings is back to normal and at the green dotted line there is London open?

For synthetic pair like EJ, perhaps you might want to TP 10pips per trade scalping?
Because EJ's movement is larger as its a combi of UJ and EU movement and hence with genesis signal esp when m5 stoch forms a HL/LH together with m15 clear rise/decline, its a very HPT with 10pips almost guaranteed.
  • #11,164
  • Mar 21, 2013 8:19am Mar 21, 2013 8:19am
Quoting kwissy
That was neat!
Thanks for the explanation.
But I thought daylight savings is back to normal and at the green dotted line there is London open?

For synthetic pair like EJ, perhaps you might want to TP 10pips per trade scalping?
Because EJ's movement is larger as its a combi of UJ and EU movement and hence with genesis signal esp when m5 stoch forms a HL/LH together with m15 clear rise/decline, its a very HPT with 10pips almost guaranteed.
Only the US is on daylight saving at the moment, the UK changes in the early hours of 31st March.
  • #11,165
  • Mar 21, 2013 8:21am Mar 21, 2013 8:21am
Quoting kwissy
That was neat!
Thanks for the explanation.
But I thought daylight savings is back to normal and at the green dotted line there is London open?

For synthetic pair like EJ, perhaps you might want to TP 10pips per trade scalping?
Because EJ's movement is larger as its a combi of UJ and EU movement and hence with genesis signal esp when m5 stoch forms a HL/LH together with m15 clear rise/decline, its a very HPT with 10pips almost guaranteed.
Thanks kwissy, but 'almost' can make a huge difference as you could see with my first trade. I'd rather take 2x4 pips than sweat for 10 in one go. As for the SL, it's work in progress. I'm planning to bring it down substantially after I've gathered some DD data for at least 100 trades.
mind over matter
  • #11,166
  • Mar 21, 2013 8:23am Mar 21, 2013 8:23am
Quoting lastingwell
Only the US is on daylight saving at the moment, the UK changes in the early hours of 31st March.

Thanks, lastingwell
mind over matter
  • #11,167
  • Mar 21, 2013 8:25am Mar 21, 2013 8:25am
Quoting lastingwell
Only the US is on daylight saving at the moment, the UK changes in the early hours of 31st March.
Oh and I thought it was LO over there, thank you for highlighting it.
  • #11,168
  • Mar 21, 2013 8:28am Mar 21, 2013 8:28am
Quoting kosmo
Thanks kwissy, but 'almost' can make a huge difference as you could see with my first trade. I'd rather take 2x4 pips than sweat for 10 in one go. As for the SL, it's work in progress. I'm planning to bring it down substantially after I've gathered some DD data for at least 100 trades.
Yes ok. that'll be good as well, less stress in holding longer.
so far as of worse case since ytd, the DD is about almost 50pips as I was testing too.
  • #11,169
  • Mar 21, 2013 8:55am Mar 21, 2013 8:55am
Quoting Martyfish
Surely the EU politicians can prevaricate, obfuscate for many more days/weeks/months !!
Maybe not ???

RJ you may be right, think we are only a day or two away from D-DAY !!

Or should I say EE-DAY (EXIT Euro)
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,170
  • Mar 21, 2013 9:02am Mar 21, 2013 9:02am
Quoting Martyfish
Maybe not ???

RJ you may be right, think we are only a day or two away from D-DAY !!

Or should I say EE-DAY (EXIT Euro)

Serious？
  • #11,171
  • Mar 21, 2013 9:03am Mar 21, 2013 9:03am
Quoting realjumper
I think the shit is about to hit the fan in Cyprus more here
Oh, I didn't know that ECB likes playing poker...
mind over matter
  • #11,172
  • Mar 21, 2013 9:09am Mar 21, 2013 9:09am
Quoting Martyfish
Maybe not ???

RJ you may be right, think we are only a day or two away from D-DAY !!

Or should I say EE-DAY (EXIT Euro)
Now if they had have leveled this sort of action against Greece 2 1/2 years ago, perhaps they (EUR) wouldn't be in this mess today......but no.....Trichet had to have it his way......sigh.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,173
  • Mar 21, 2013 9:14am Mar 21, 2013 9:14am
It's 3-15am here....lol....and I'm tired.....but I want EU to go to S1....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,174
  • Mar 21, 2013 9:31am Mar 21, 2013 9:31am
Quoting realjumper
It's 3-15am here....lol....and I'm tired.....but I want EU to go to S1....
Too tired now......closed the trade short of the S1 goal. zzzzzzzzz
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,175
  • Mar 21, 2013 9:33am Mar 21, 2013 9:33am
Quoting realjumper
Too tired now......closed the trade short of the S1 goal. zzzzzzzzz
Night night
mind over matter
  • #11,176
  • Mar 21, 2013 9:48am Mar 21, 2013 9:48am
Quoting kwissy
Yes ok. that'll be good as well, less stress in holding longer.
so far as of worse case since ytd, the DD is about almost 50pips as I was testing too.
Good entries are essential in order to eliminate DD. That's where Genesis comes in. The rest is reading PA and momentum. My very limited statistics (4 days) show DD of -18 pips max. But as I said, that's work in progress
mind over matter
  • #11,177
  • Mar 21, 2013 11:39am Mar 21, 2013 11:39am
Scalping update (for Jamz)

Attached Image (click to enlarge)
Click to Enlarge Name: scalp3.jpg Size: 36 KB


The one that did not close in TP was still a winner, albeit smaller. The lvoe EA stopped working and I had to close the trade manually (in cold blood)

Attached Image (click to enlarge)
Click to Enlarge Name: eu1.jpg Size: 100 KB
mind over matter
  • #11,178
  • Mar 21, 2013 12:00pm Mar 21, 2013 12:00pm
Quoting kosmo
Scalping update (for Jamz)

Attachment

The one that did not close in TP was still a winner, albeit smaller. The lvoe EA stopped working and I had to close the trade manually (in cold blood)

Attachment

In MT4 I have, Alpari UK, the indicator Ivoe 1.6.1, does not work.
I can not get it open positions. On the platform on the left in the "Expert Advisor" appears, but with gray. Does not work correctly.

I've done several tests. I could only get to work on a demo account, FxPro
"Nothing is so useful to man, as the resolution without hurry". Henry Ford
  • #11,179
  • Mar 21, 2013 12:50pm Mar 21, 2013 12:50pm
Quoting PT-onyfx
In MT4 I have, Alpari UK, the indicator Ivoe 1.6.1, does not work.
I can not get it open positions. On the platform on the left in the "Expert Advisor" appears, but with gray. Does not work correctly.

I've done several tests. I could only get to work on a demo account, FxPro
It works fine most of the time on my IC Markets demo. I got it from here and followed the video instructions.
mind over matter
  • #11,180
  • Mar 21, 2013 12:58pm Mar 21, 2013 12:58pm
Quoting kosmo
It works fine most of the time on my IC Markets demo. I got it from here and followed the video instructions.
Yes, i tried from here, but doesn't work. I'll contact with the broker, in order to receive any answer.
Thank you for your help.
"Nothing is so useful to man, as the resolution without hurry". Henry Ford
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