Genesis Matrix Trading | Page 594 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #11,861
  • Apr 17, 2013 6:50am Apr 17, 2013 6:50am
Quoting Veracruz
EU 3 entries total amount of 75 pips. Following all your advices plus PA. Which recommendable distance SL before opening NY, 10 pips?
The way to place SL is explained in Post#2 on the first page.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,862
  • Apr 17, 2013 6:52am Apr 17, 2013 6:52am
Quoting realjumper
The way to place SL is explained in Post#2 on the first page.
I know, I just asking your personal opinion in the present circumstances as Professor
  • #11,863
  • Apr 17, 2013 6:55am Apr 17, 2013 6:55am
Quoting Veracruz
I know, I just asking your personal opinion in the present circumstances as Professor
The system does not take notice of, or make exceptions for circumstances. The way to place a SL is not affected by anything...it is a hard and fast part of this system.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,864
  • Apr 17, 2013 6:57am Apr 17, 2013 6:57am
Quoting realjumper
The system does not take notice of, or make exceptions for circumstances. The way to place a SL is not affected by anything...it is a hard and fast part of this system.
Thanks. Lets cross de the fingers.
  • #11,865
  • Apr 17, 2013 7:05am Apr 17, 2013 7:05am
Quoting realjumper
Does anyone here use the 'Profiles' feature on their MT4 platform? I've never bothered, but now that I have it set up I quite like it......
Rj,

No I dont I only have one setup, so no need for multiple profiles
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,866
  • Apr 17, 2013 7:07am Apr 17, 2013 7:07am
Quoting Martyfish
Rj, No I dont I only have one setup, so no need for multiple profiles
How many monitors do you use?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,867
  • Apr 17, 2013 7:12am Apr 17, 2013 7:12am
Quoting realjumper
How many monitors do you use?
I have 4 monitors and 1 laptop which I have my news and calendar info on

23 inch HD screens - very pretty !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,868
  • Apr 17, 2013 7:21am Apr 17, 2013 7:21am
Quoting Martyfish
I have 4 monitors and 1 laptop which I have my news and calendar info on
Ah ok....I have 2 monitors plus my lappy for news, calendar, forum ect. What I have done with the 2 monitors and the profile feature is to group pairs with an M5 and an M15 set up.

For instance....

* My EU_EA profile has EU M5 and EU M15 on the left monitor, and EA M5 and EA M15 on the right monitor
* My GU_GJ profile has GU M5 and GU M15 on the left monitor, and GJ M5 and GJ M15 on the right monitor

etc etc etc

I trade 10 pairs (not at the same time!!) so each profile has 2 pairs...and each of those 2 pairs has 2 TF's...M5 and M15

Make sense?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,869
  • Apr 17, 2013 7:31am Apr 17, 2013 7:31am
Quoting realjumper
Ah ok....I have 2 monitors plus my lappy for news, calendar, forum ect. What I have done with the 2 monitors and the profile feature is to group pairs with an M5 and an M15 set up. For instance.... * My EU_EA profile has EU M5 and EU M15 on the left monitor, and EA M5 and EA M15 on the right monitor * My GU_GJ profile has GU M5 and GU M15 on the left monitor, and GJ M5 and GJ M15 on the right monitor etc etc etc I trade 10 pairs (not at the same time!!) so each profile has 2 pairs...and each of those 2 pairs has 2 TF's...M5 and M15 Make sense?
Perfect sense.

As you know I only trade 2 pairs.

I have Genesis setup on MT4 for EJ & GU

Then I have my eSignal strategy setup for EJ & GU

EJ on the left two monitors and GJ on right hand side 2 monitors.

Both have M15 and M5 split screens, roughly 60% M15 and 40% M5 (width-wise)
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,870
  • Apr 17, 2013 7:34am Apr 17, 2013 7:34am
Quoting Martyfish
Perfect sense. As you know I only trade 2 pairs. I have Genesis setup on MT4 for EJ & GU Then I have my eSignal strategy setup for EJ & GU EJ on the left two monitors and GJ on right hand side 2 monitors. Both have M15 and M5 split screens, roughly 60% M15 and 40% M5 (width-wise)
Apart from the number of pairs and the eSignal setup.....we are more or less the same......except my monitors are only 21.5"
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,871
  • Apr 17, 2013 7:44am Apr 17, 2013 7:44am
Quoting realjumper
Apart from the number of pairs and the eSignal setup.....we are more or less the same......except my monitors are only 21.5"
Yup, but with my eyesight I need bigger screens, so back to virtually the same
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,872
  • Apr 17, 2013 8:40am Apr 17, 2013 8:40am
Quoting Martyfish
Here it is with H1 & H4 {file}
Marty, do you only take signals with all TFs aligned up to H4 or do you also consider M5-H1 signals?
mind over matter
  • #11,873
  • Apr 17, 2013 8:53am Apr 17, 2013 8:53am
Quoting kosmo
Marty, do you only take signals with all TFs aligned up to H4 or do you also consider M5-H1 signals?
Jo,

H1 & M15 are perfectly fine

So I said recently said, its all down to your risk assessment/tolerance.

You can take M5 against H1, but you have be prepared for a choppy trade, the more TFs you have in alignment the better.

M30/M5 are good.

But watch PA, if the previous move was quite "straight"/Strong, and you trade the pivot, BEWARE you are probably trading countertrend, check your TFs.

The more stretched the MAs are the better the chances of scalping countertrends, if MAs are congested/tight - forget it
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,874
  • Apr 17, 2013 9:18am Apr 17, 2013 9:18am
Well that last little flurry of activity has almost helped make up for me missing out yesterday 'cos I was too tired to trade. Now I'm happy

Perhaps there will be more, but that's enough for me
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,875
  • Apr 17, 2013 9:21am Apr 17, 2013 9:21am
Quoting Martyfish
Jo, H1 & M15 are perfectly fine So I said recently said, its all down to your risk assessment/tolerance. You can take M5 against H1, but you have be prepared for a choppy trade, the more TFs you have in alignment the better. M30/M5 are good. But watch PA, if the previous move was quite "straight"/Strong, and you trade the pivot, BEWARE you are probably trading countertrend, check your TFs. The more stretched the MAs are the better the chances of scalping countertrends, if MAs are congested/tight - forget it
Thanks Marty! Understood. You are a true treasure!

I dedicate today's TP (EU short @+45) to you and RJ as a tribute to your mentoring efforts.

Here comes the next Linda Bradford Raschke! Banks beware!
Attached Image (click to enlarge)
Click to Enlarge Name: eu17.jpg Size: 13 KB
mind over matter
  • #11,876
  • Apr 17, 2013 9:40am Apr 17, 2013 9:40am
Quoting kosmo
Thanks Marty! Understood. You are a true treasure! I dedicate today's TP (EU short @+45) to you and RJ as a tribute to your mentoring efforts. Here comes the next Linda Bradford Raschke! Banks beware! {image}
Thank you Jo.....taking the banks money is what we want to do
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,877
  • Apr 17, 2013 11:34pm Apr 17, 2013 11:34pm
EJ is moving wild and crazy....

Attached Image
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,878
  • Apr 18, 2013 12:05am Apr 18, 2013 12:05am
Quoting heispark
EJ is moving wild and crazy.... {image}
Yeah.....most of the Yen crosses in fact....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,879
  • Apr 18, 2013 12:18am Apr 18, 2013 12:18am
Does anyone use the following chart setting?

Attached Image


I like it cause it gives more realistic view at 5M chart. Unfortunately, it's not convenient at higher TFs....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,880
  • Apr 18, 2013 1:04am Apr 18, 2013 1:04am
Quoting heispark
Does anyone use the following chart setting? {image} I like it cause it gives more realistic view at 5M chart. Unfortunately, it's not convenient at higher TFs....
I have played with it quite a bit and it's very useful on the M5 TF. I set mine to show the scale on the right of the chart in 10 pip increments which, as you say, show a more realistic view of the market. But, as you have found out, it all becomes a mess when you change TF's. I guess the only way is to use this feature on a dedicated chart that you won't change
Doing what you like is Freedom. Liking what you do is Happiness.
9 traders viewing now