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Genesis Matrix Trading

  • #12,101
  • Apr 23, 2013 1:53am Apr 23, 2013 1:53am
Quoting geomink
{quote} wasn't it even a CT trade? just IMHO
No, the trend was down all day on that pair.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,102
  • Apr 23, 2013 2:05am Apr 23, 2013 2:05am
I didnt trade this morning particularly well at all.

Ah well we all have bad days (grumble, grumble) !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,103
  • Apr 23, 2013 2:07am Apr 23, 2013 2:07am
Ah, I know what the problem was ....


Not enough coffee !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,104
  • Apr 23, 2013 2:08am Apr 23, 2013 2:08am
Quoting Martyfish
I didnt trade this morning particularly well at all. Ah well we all have bad days (grumble, grumble) !!
This session has been a bit crappy really......the news spikes were pretty hard to trade and there hasn't been much else on offer at all. I did ok during Tokyo session, but I haven't entered anything since London open.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,105
  • Apr 23, 2013 2:09am Apr 23, 2013 2:09am
Quoting Martyfish
Ah, I know what the problem was .... Not enough coffee !!
Well that would certainly complicate things further, no doubt about that......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,106
  • Apr 23, 2013 2:15am Apr 23, 2013 2:15am
Took 2 trades in asian and london today. Great pips!
56 + 51pips
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 23042013.png Size: 53 KB
  • #12,107
  • Apr 23, 2013 2:16am Apr 23, 2013 2:16am
Quoting kwissy
Took 2 trades in asian and london today. Great pips! 56 + 51pips {image}
Very nice trades....well done
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,108
  • Apr 23, 2013 2:18am Apr 23, 2013 2:18am
Quoting realjumper
{quote} Very nice trades....well done
Thank you RJ, I'll do my best to spot for HPT setups.
Thank you for the system! Cheers!
  • #12,109
  • Apr 23, 2013 2:19am Apr 23, 2013 2:19am
Quoting kwissy
{quote} Thank you RJ, I'll do my best to spot for HPT setups. Thank you for the system! Cheers!
Those were good trades, and if you keep doing that and taking the banks money, I will be very happy
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,110
  • Apr 23, 2013 2:24am Apr 23, 2013 2:24am
Quoting kwissy
Took 2 trades in asian and london today. Great pips! 56 + 51pips {image}
I took almost exactly your second trade, but still on it, I decided not to close at S2 level but wait until I have an opposite MTF arrow signal, as an experiment. Moved SL to +20. Let's wait and see...
Good judgement comes from experience, experience comes from poor judgement
  • #12,111
  • Apr 23, 2013 2:31am Apr 23, 2013 2:31am
Quoting jurtzi
{quote} I took almost exactly your second trade, but still on it, I decided not to close at S2 level but wait until I have an opposite MTF arrow signal, as an experiment. Moved SL to +20. Let's wait and see...
Oh I see, you are moving your SL to the previous lower high progressively. Tat's a good way to stay with trend and perhaps can make more pips. Whereas I prefer to TP out near pivot levels, its very happy to see money is safely back to your hands again.
  • #12,112
  • Apr 23, 2013 2:38am Apr 23, 2013 2:38am
Quoting kwissy
{quote} Oh I see, you are moving your SL to the previous lower high progressively. Tat's a good way to stay with trend and perhaps can make more pips. Whereas I prefer to TP out near pivot levels, its very happy to see money is safely back to your hands again.
Not that I love keeping an open position for a long time, fingers itching, pressure's going up, but I have to keep emotions under control and trust the system, otherwise I always feel I had luck.
Another point is that I cannot scale up positions if I don't master this technique.
Good judgement comes from experience, experience comes from poor judgement
  • #12,113
  • Apr 23, 2013 2:42am Apr 23, 2013 2:42am
I've been watching this rounded top on the USDX Daily chart, but it's no longer valid.....very interesting times and it's hard to know where the price is going with all the QE crap (aka intervention) going on. I'm glad we're system traders here because it really doesn't matter too much, but the PA chartists must getting whipped about lately........

USDX Daily
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 129 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,114
  • Apr 23, 2013 3:39am Apr 23, 2013 3:39am
Quoting jurtzi
{quote} I took almost exactly your second trade, but still on it, I decided not to close at S2 level but wait until I have an opposite MTF arrow signal, as an experiment. Moved SL to +20. Let's wait and see...
Got bored and closed for +45. I'll consider opening another short if it opens below the RN at 128.000
Good judgement comes from experience, experience comes from poor judgement
  • #12,115
  • Apr 23, 2013 5:17am Apr 23, 2013 5:17am
Quoting realjumper
{quote} No, the trend was down all day on that pair.....
sorry,

it was a mine misunderstood

I thought he took a long trade

in any case, wasn't the stoch coming form the 0/20 area, instead of 80/100?

thanks
Don't give up
  • #12,116
  • Apr 23, 2013 5:21am Apr 23, 2013 5:21am
Quoting geomink
{quote} sorry, it was a mine misunderstood I thought he took a long trade in any case, wasn't the stoch coming form the 0/20 area, instead of 80/100? thanks
Stoch was coming from about the 60-ish area, so it wasn't ideal.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,117
  • Apr 23, 2013 5:27am Apr 23, 2013 5:27am
Quoting realjumper
{quote} Stoch was coming from about the 60-ish area, so it wasn't ideal.
Don't give up
  • #12,118
  • Apr 23, 2013 8:07am Apr 23, 2013 8:07am
I have noticed that Genesis gives good signal for Dow and FTSE as well. Does anyone trade indices using Genesis? Just a thought.
What the mind does not know, the eyes cannot see
  • #12,119
  • Apr 23, 2013 8:11am Apr 23, 2013 8:11am
Quoting padila
I have noticed that Genesis gives good signal for Dow and FTSE as well. Does anyone trade indices using Genesis? Just a thought.

There is absolutely no reason why Genesis couldn't be used for trading any market.

But with the volatility of the forex markets and strong trends, why go elsewhere ??

Particularly EJ.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,120
  • Apr 23, 2013 12:42pm Apr 23, 2013 12:42pm
Quoting Martyfish
{quote} There is absolutely no reason why Genesis couldn't be used for trading any market. But with the volatility of the forex markets and strong trends, why go elsewhere ?? Particularly EJ.
You are right Marty, there is enough happening in forex at the moment. I was just admiring the versatility of Genesis.
What the mind does not know, the eyes cannot see
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