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Genesis Matrix Trading

  • #12,561
  • Edited 9:42am May 1, 2013 3:16am | Edited 9:42am
Hi all,

I discovered this system in another thread and I think it's a really rock!

After reading and lurked so long, this is my first post here

Thanks a lot to all managers and contributors in this thread.

I'm posting a thread I took earlier.

Now I'm out @ BE, but price seems to refall in the right direction.

There was something wrong in your opinion?

Something I could have managed in different and best way?

Any comment would be really appreciated.

Thank you very much
  • #12,562
  • May 1, 2013 3:17am May 1, 2013 3:17am
Quoting realjumper
{quote} First target is 128.50, which is yesterdays high, and if it gets there I'll move the SL to +20 and aim for 128.75 which is just under R1. Whether it will reach it or today today when there are so many bank holidays remains to be seen, but the trade is a freebee now, so there is no risk
above 128.50 already
  • #12,563
  • May 1, 2013 3:17am May 1, 2013 3:17am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting heispark
{quote} I heard software engineers or technicians or air pilots have good potential to be a good trader. Interesting....
Have you heard anything good about compost heap makers?......
  • #12,564
  • May 1, 2013 3:17am May 1, 2013 3:17am
Quoting realjumper
{quote} First target is 128.50, which is yesterdays high, and if it gets there I'll move the SL to +20 and aim for 128.75 which is just under R1. Whether it will reach it or today today when there are so many bank holidays remains to be seen, but the trade is a freebee now, so there is no risk
Target 1 achieved
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,565
  • May 1, 2013 3:21am May 1, 2013 3:21am
Quoting realjumper
{quote} Target 1 achieved
And WP doesn't seem to hold it! Next stop R1.
  • #12,566
  • May 1, 2013 3:22am May 1, 2013 3:22am
Quoting Cold_W
{quote} And WP doesn't seem to hold it! Next stop R1.
Tempted to buy GU, but news in 10 minutes
  • #12,567
  • May 1, 2013 3:24am May 1, 2013 3:24am
Quoting Cold_W
{quote} And WP doesn't seem to hold it! Next stop R1.
If it gets there, I'll bring SL up to +50 and aim for R2

Edit: SL is now at +30
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,568
  • May 1, 2013 3:28am May 1, 2013 3:28am
Quoting Jamz
{quote} Have you heard anything good about compost heap makers?......
..... they make good security systems...
.... laughing all the way to the bank
  • #12,569
  • May 1, 2013 3:30am May 1, 2013 3:30am
And GU takes off without me.
Anybody took it?
  • #12,570
  • May 1, 2013 3:30am May 1, 2013 3:30am
Thank you RJ
Attached Image (click to enlarge)
Click to Enlarge Name: Безымянный.jpg Size: 124 KB
Do not be afraid to make mistakes, be afraid to repeat them.
  • #12,571
  • May 1, 2013 3:32am May 1, 2013 3:32am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting itsallover
{quote} ..... they make good security systems...
That's got me alarmed, I mean puzzled....(Picturing compost heap around the Bank)
  • #12,572
  • May 1, 2013 3:34am May 1, 2013 3:34am
Quoting JasonDeaN
Thank you RJ {image}

.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,573
  • May 1, 2013 3:35am May 1, 2013 3:35am
SL to +50 as target 2 achieved
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,574
  • May 1, 2013 3:35am May 1, 2013 3:35am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting JasonDeaN
Thank you RJ {image}
A lovely trade Jason....good on you!
  • #12,575
  • May 1, 2013 3:38am May 1, 2013 3:38am
Quoting Martyfish
{quote} I hope it helps in some small way, but I also know most will still go ahead and make the same mistakes. It strange how we know what we should do, but I just want to look and see what this indicator will do, what about changing that setting. Yet most are not trained in how to test/evaluate a trading system, but yet to try anyway. Having blind faith in their own abilities/gut-instinct. Part of my previous career was implementing computer & accounting systems, so I was specifically trained in testing systems, and I still struggled to build...
GREAT WORD's MARTY !!!

Every FX wannabe should order large print of that... and put on wall
"Trading require mental flexibility far beyond the scope of most people"
  • #12,576
  • May 1, 2013 3:42am May 1, 2013 3:42am
Quoting Jamz
{quote} That's got me alarmed, I mean puzzled....(Picturing compost heap around the Bank)
.... don't go getting all scentimental now Jamz.... the idea is that the smell acts as a deterrent..
.... laughing all the way to the bank
  • #12,577
  • May 1, 2013 3:42am May 1, 2013 3:42am
I'm starting to make progress. I previously could not do more than 15-20 pips. Thank you all!
Do not be afraid to make mistakes, be afraid to repeat them.
  • #12,578
  • May 1, 2013 3:59am May 1, 2013 3:59am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting itsallover
{quote} .... don't go getting all scentimental now Jamz.... the idea is that the smell acts as a deterrent..
Just because I missed the EJ trade there is no excuse to get me started about beautiful smelling compost heaps as they are probably off topic. Although it is just really useful to follow RJ through that trade and see how to move stoploss, TP etc. Both Jason and RJ entered on the correct candle after the Genesis arrow appeared - matrix already hinting at green for go.
I have a rule not to chase price so seeing entry had passed tried re-entry on demo with some success but not how I'd like it to go live.
Now it is knocking along R1
Not overtrading this week and glad to follow these types of trades -- and await the next one!
  • #12,579
  • Edited 4:14am May 1, 2013 4:04am | Edited 4:14am
Quoting heispark
{quote} I heard software engineers or technicians or air pilots have good potential to be a good trader. Interesting....
Nothing that exciting, I am training in accounting, so used to manage these projects.

And accountants make the worst traders; moving from back office to front office is incredibly difficult.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,580
  • May 1, 2013 4:05am May 1, 2013 4:05am
Quoting realjumper
SL to +50 as target 2 achieved
great!!

That was the same trade as for EUr/Usd
Why did you prefer Eu/Jpy?
Cause off the daily pivot?
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