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Genesis Matrix Trading

  • #11,361
  • Mar 27, 2013 7:17am Mar 27, 2013 7:17am
Quoting realjumper
Please....please....please read the first paragraph in this post

http://www.forexfactory.com/showthre...15#post6530515
I know, I know... Read that already... i think the word OB/OS is so sensitive for you *sorry*
I remember watching your video about Stoch also. In the video, the Stoch came from the high area, as you mention that we should look for the beginning of the move.
On the chart I was asking, the Stoch were already 3 times coming from lower area altough they were all can't go quite high, hopefully signaling it was a strong downtrend.

Hopefully I got my words right this time, my concern is what should I consider to say that the trend have been exhausted and I better not looking for another short setup?

thank you,
-dreamcatcher-
  • #11,362
  • Mar 27, 2013 7:19am Mar 27, 2013 7:19am
Quoting lucats72
RJ is right

i'm not for anyone of the 3 above,but surely i will never be for PD or PDL!
But Italians kept Berlusconi in power, there was no "Arab Spring" rising up against his corrupt government.

Surely the Italian public knew this all along.

Why do you think in the recent English by-election (now the Liberal Democrats cant be called a protest vote), that UKIP, the next party attracting the protest vote, received so many votes.

The British are crying out, but no one listens.

I have stated before, the vast majority of Western Democracies are being run by a corrupt political class.

But we get what we deserve, we vote for Politicians who promise a standard of living that cannot be afforded
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,363
  • Mar 27, 2013 7:20am Mar 27, 2013 7:20am
Quoting lastingwell
Take profit hit thats me done for the day 20% target reached.
Good for you....well done. I got no complaints with todays action either
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,364
  • Mar 27, 2013 7:21am Mar 27, 2013 7:21am
Quoting Marviin
Hi dreamcatcher,
if you want to learn about HTP, you must read the book in realjumper's profile, you will see much more clearly after.
Thank you, looking for the book now....
  • #11,365
  • Mar 27, 2013 7:21am Mar 27, 2013 7:21am
Quoting itsallover
..... you still owe me though.... from the pretty ladies make-up drama

Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,366
  • Mar 27, 2013 7:23am Mar 27, 2013 7:23am
Quoting Martyfish
But Italians kept Berlusconi in power, there was no "Arab Spring" rising up against his corrupt government.

Surely the Italian public knew this all along.

Why do you think in the recent English by-election (now the Liberal Democrats cant be called a protest vote), that UKIP, the next party attracting the protest vote, received so many votes.

The British are crying out, but no one listens.

I have stated before, the vast majority of Western Democracies are being run by a corrupt political class
I'm on the other side of the planet Marty, but I get the feeling that Nigel Farage is saying what a lot of people want to hear.......UKIP could do well.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,367
  • Mar 27, 2013 7:24am Mar 27, 2013 7:24am
Quoting dreamcatcher
I know, I know... Read that already... i think the word OB/OS is so sensitive for you *sorry*
I remember watching your video about Stoch also. In the video, the Stoch came from the high area, as you mention that we should look for the beginning of the move.
On the chart I was asking, the Stoch were already 3 times coming from lower area altough they were all can't go quite high, hopefully signaling it was a strong downtrend.

Hopefully I got my words right this time, my concern is what should I consider to say that the trend have been exhausted...
It's not the wording....oh wait.....I'm not going to get into this again. It's all been said too many times....sigh.....can lead a horse to the water...etc etc
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,368
  • Mar 27, 2013 7:30am Mar 27, 2013 7:30am
Quoting dreamcatcher
Congrats for the green
Looking at your chart setup, I personally think the Stoch M15 too low to be traded since it is about crossing the level 20(OS). However, I noticed the similar (profitable) setups also appear on EU, EJ and GU. I don't take the trades considering the M15 stoch level.
Well, yes of course there is a part of me feel a bit upset for letting those setups go, on the otherside I tried to follow textbook rule looking for Stoch coming out from 20/80 area. As I told RJ, I want to learn about HPT.

I'll be glad if you don't...
Thanks, dreamcatcher.

It is a classic example of (second) re-entry after the MTF 15 arrow. The original stoch decline began before FO (dark blue line at point 1), accompanied with the MTF 15 arrow shortly after (2); this gives us direction and thus we only take short trades until an opposite MTF 15 arrow forms.

Then we had a nice setup confirmed by the M5 arrow where price rejected R1 shortly after LO (3)

And finally, another chance to join the downtrend after a pullback at point 4 which is my entry.

P.S. In order for RJ to stay sane, I'd strongly suggest that you read the thread. You will find many many many examples of trades with detailed description of what? where? why? and when?
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mind over matter
  • #11,369
  • Mar 27, 2013 7:38am Mar 27, 2013 7:38am
Quoting kosmo
Thanks, dreamcatcher.

It is a classic example of (second) re-entry after the MTF 15 arrow. The original stoch decline began before FO (dark blue line at point 1), accompanied with the MTF 15 arrow shortly after (2); this gives us direction and thus we only take short trades until an opposite MTF 15 arrow forms.

Then we had a nice setup confirmed by the M5 arrow where price rejected R1 shortly after LO (3)

And finally, another chance to join the downtrend after a pullback at point 4 which is my entry.

P.S. In order for RJ to stay sane,...
Very clear, thank you. And once again I forget the importance of MTF M15 arrow. OMG... what a day, RJ just reminded me about this few hours ago...

Also I owe a big apologize to RJ... Hopefully RJ would accept. I admit I haven't read all the thread. About first hundred and then start from pages 600 till now... Please stay sane, meanwhile I will catch up the rest of the thread before asking repeating questions.

regards,
-dreamcatcher-
  • #11,370
  • Mar 27, 2013 7:38am Mar 27, 2013 7:38am
Quoting dreamcatcher
I know, I know... Read that already... i think the word OB/OS is so sensitive for you *sorry*


Hopefully I got my words right this time, my concern is what should I consider to say that the trend have been exhausted and I better not looking for another short setup?

thank you,
-dreamcatcher-
I have exactly this problem - not knowing when the move is exhausted. Maybe look at the HA candles - they may provide some clue how strong the move is.
.... laughing all the way to the bank
  • #11,371
  • Mar 27, 2013 7:39am Mar 27, 2013 7:39am
Quoting kosmo
P.S. In order for RJ to stay sane, I'd strongly suggest that you read the thread. You will find many many many examples of trades with detailed description of what? where? why? and when?
Not to mention the movie I just made which addresses this very issue....sigh
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,372
  • Mar 27, 2013 7:56am Mar 27, 2013 7:56am
Quoting realjumper
Not to mention the movie I just made which addresses this very issue....sigh
Ehm.. no, it is my lack of understanding. I am reading the Oscillator part from the HPT book now hopefully it help me to understand better.
Again, I do apologize, RJ.
  • #11,373
  • Mar 27, 2013 8:01am Mar 27, 2013 8:01am
Quoting realjumper
Not to mention the movie I just made which addresses this very issue....sigh
How dare I forget we have a rising movie star here!
mind over matter
  • #11,374
  • Mar 27, 2013 8:01am Mar 27, 2013 8:01am
Quoting itsallover
I have exactly this problem - not knowing when the move is exhausted. Maybe look at the HA candles - they may provide some clue how strong the move is.
The way I attempt to determine the strength of a move, is with moving averages.

The wider they are the stronger the move, say 60 SMA & a shorter one (ie 25 EMA/15EMA).

Indicators are less effective for this, as the diverge and get twisted up in big moves
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,375
  • Mar 27, 2013 8:17am Mar 27, 2013 8:17am
Quoting Martyfish
The way I attempt to determine the strength of a move, is with moving averages.

The wider they are the stronger the move, say 60 SMA & a shorter one (ie 25 EMA/15EMA).

Indicators are less effective for this, as the diverge and get twisted up in big moves
Thats a really good tip. Thanx Marty
.... laughing all the way to the bank
  • #11,376
  • Mar 27, 2013 8:43am Mar 27, 2013 8:43am
Quoting itsallover
Thats a really good tip. Thanx Marty
No problem

I cant believe how long I spent trying to find a perfect setup of indicators, when MAs tell you just about all you need to know.

Never enter a trade when price stretches away from your MAs, wait for PA to retest the MAs, and trade with Genesis tape & stoch and your HTF trend/MAs. I use just M15 & M5.

Simple !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,377
  • Edited 9:20am Mar 27, 2013 8:45am | Edited 9:20am
Quoting Martyfish
No problem

I cant believe how long I spent trying to find a perfect setup of indicators, when MAs tell you just about all you need to know.

Never enter a trade when price stretches away from your MAs, wait for PA to retest the MAs, and trade with Genesis tape & stoch and your HTF trend/MAs. I use just M15 & M5.

Simple !!
You're a gem Marty.

Dreamcatcher I hope this helps
.... laughing all the way to the bank
  • #11,378
  • Mar 27, 2013 8:51am Mar 27, 2013 8:51am
Quoting Martyfish
No problem

I cant believe how long I spent trying to find a perfect setup of indicators, when MAs tell you just about all you need to know.

Never enter a trade when price stretches away from your MAs, wait for PA to retest the MAs, and trade with Genesis tape & stoch and your HTF trend/MAs. I use just M15 & M5.

Simple !!
And I shall add my thanks, Marty
mind over matter
  • #11,379
  • Mar 27, 2013 9:09am Mar 27, 2013 9:09am
No more bad re-entries for me! I've reduced my profits in the past because of bad re-entries - enough!

.... laughing all the way to the bank
  • #11,380
  • Mar 27, 2013 9:27am Mar 27, 2013 9:27am
Quoting kosmo
And I shall add my thanks, Marty
Happy to help
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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