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Genesis Matrix Trading

  • #12,761
  • May 3, 2013 2:33am May 3, 2013 2:33am
Quoting realjumper
{quote} High Probability Trade
yes RJ, I would know if that trade was a High Probability Trade?
  • #12,762
  • May 3, 2013 2:35am May 3, 2013 2:35am
Quoting Loy
{quote} was it an HPT?
I hope so. What stands behind this trade?
1. M15, H1 Arrows
2. Pivot break and retest
3. H&S formation
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  • #12,763
  • May 3, 2013 2:37am May 3, 2013 2:37am
Quoting Loy
{quote} yes RJ, I would know if that trade was a High Probability Trade?
Matrix + the right colour candle clear of yellow ma + stoch + pivot bounce (for example) + arrow = HPT

The less confluence with the indicators, the lower the probability gets
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,764
  • May 3, 2013 2:45am May 3, 2013 2:45am
Quoting realjumper
{quote} Matrix + the right colour candle clear of yellow ma + stoch + pivot bounce (for example) + arrow = HPT The less confluence with the indicators, the lower the probability gets
so, the trade of iwan is it?
  • #12,765
  • May 3, 2013 2:49am May 3, 2013 2:49am
Quoting Loy
{quote} so, the trade of iwan is it?
I wouldn't say so, no.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,766
  • May 3, 2013 2:49am May 3, 2013 2:49am
is this a HPT?
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  • #12,767
  • May 3, 2013 2:49am May 3, 2013 2:49am
Quoting realjumper
{quote} I wouldn't say so, no.
thank you RJ
  • #12,768
  • May 3, 2013 2:53am May 3, 2013 2:53am
Quoting Loy
is this a HPT? {image}
No
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,769
  • May 3, 2013 3:03am May 3, 2013 3:03am
Quoting realjumper
{quote} Matrix + the right colour candle clear of yellow ma + stoch + pivot bounce (for example) + arrow = HPT The less confluence with the indicators, the lower the probability gets
RJ, why this trade is not HPT?
  • #12,770
  • May 3, 2013 3:13am May 3, 2013 3:13am
Quoting iwan73
{quote} RJ, why this trade is not HPT?
last signal on DP was long, but against H30 and H1

was it this trade to take or not?

some times I've read on the thread to take the trade even if it is against the arrow on higher timeframes

some times I've read the opposit
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  • #12,771
  • May 3, 2013 3:21am May 3, 2013 3:21am
Quoting iwan73
{quote} RJ, why this trade is not HPT?
The PA had fallen a (relatively) long way since the peak of the move. The move might very be over by the time you entered....ie you entered at the bottom. It's fair enough to take into consideration the rejection of the pivot and the short term bear trend, but that trend is all one move (see the movie I made specifically about this). The SL was cheap enough and I see why you entered.....I might have done so myself had it not been for the news, but it's not a HPT. There really isn't a HPT in that chart today....abvout the closest to a HPT I have marked in green, but even that's not because it's counter to thge trend of the day and it appears to attempt a reversal for no apparent reason.

To be honest.....I see nothing there worth risking my money for, I have watched that pair nearly all day since Tokyo open
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,772
  • May 3, 2013 3:25am May 3, 2013 3:25am
Quoting Loy
{quote} last signal on DP was long, but against H30 and H1 was it this trade to take or not? some times I've read on the thread to take the trade even if it is against the arrow on higher timeframes some times I've read the opposit {image}
You have to understand that trading is not an exact science. If we could write a strict set of exact rules as you seem to be constantly alluding to, we would write an EA and retire very wealthy people. You HAVE to know how the market works, what makes it breath and make allowances for this. I have said this countless times......you MUST know how to trade....you cannot come and download this system and expect a strict set of rules to apply to every given situation....you have to know how the market works.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,773
  • May 3, 2013 3:28am May 3, 2013 3:28am
Quoting iwan73
{quote} RJ, why this trade is not HPT?
Which trade are you referring too? Yours or Loys?

RJ might have a different reasons but I see it as..

Your trade: The M15 stochs arent in good shape, been hammered for quite a while. Looking at it now It just bounced off the session low...

Loy's trade: You need to look at the Higher Time Frames (HTF), they are in a buy... What direction are the H1 stochs moving? When trading this M5/15 strategy, dont trade against the H1. Simple.

Loy, questions are good, but may I suggest more reading. All these things have been posted numerous times.
  • #12,774
  • May 3, 2013 3:32am May 3, 2013 3:32am
Here is an example of a HPT from today. Yes it's right in front of Frankie hour but it has got everything in it's favour including the fact that this pair has been climbing for the past 24 hours. A similar setup appeared before Tokyo open, and you could have taken that one as well. You would have had a long wait, but so what?
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,775
  • May 3, 2013 3:34am May 3, 2013 3:34am
Quoting Simon H
{quote} Which trade are you referring too? Yours or Loys? RJ might have a different reasons but I see it as.. Your trade: The M15 stochs arent in good shape, been hammered for quite a while. Looking at it now It just bounced off the session low... Loy's trade: You need to look at the Higher Time Frames (HTF), they are in a buy... What direction are the H1 stochs moving? When trading this M5/15 strategy, dont trade against the H1. Simple. Loy, questions are good, but may I suggest more reading. All these things have been posted numerous times. ...
thank you very much
  • #12,776
  • May 3, 2013 3:37am May 3, 2013 3:37am
Quoting realjumper
Here is an example of a HPT from today. Yes it's right in front of Frankie hour but it has got everything in it's favour including the fact that this pair has been climbing for the past 24 hours. A similar setup appeared before Tokyo open, and you could have taken that one as well. You would have had a long wait, but so what? {image}
very clear, thank you very much
now I'll stop stressing and read again the entire thread
happy pips to all
  • #12,777
  • May 3, 2013 3:42am May 3, 2013 3:42am
Quoting Loy
{quote} very clear, thank you very much now I'll stop stressing and read again the entire thread happy pips to all
The most valuable part of the thread (apart from Posts #1 & 2 is the 'Search' function
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,778
  • May 3, 2013 3:44am May 3, 2013 3:44am
Quoting realjumper
Here is an example of a HPT from today. Yes it's right in front of Frankie hour but it has got everything in it's favour including the fact that this pair has been climbing for the past 24 hours. A similar setup appeared before Tokyo open, and you could have taken that one as well. You would have had a long wait, but so what? {image}
just a last thing
You said that M15 in ASCTREND nad MTF ARROW on the chart are the same thing, right?

Now, a doubt:
why in my chart at 8,25 time, M15 in ASCTREND is green and MTF ARROW in the chart is red

It seems a relevant question for me, cause maybe I'm making something wrong in the setting

Someone could clear me this issue, please?

thx
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  • #12,779
  • May 3, 2013 3:46am May 3, 2013 3:46am
Quoting realjumper
{quote} High Probability Trade
sic !
I always think it was
High Percentage Tequila ... after good trade ...
"Trading require mental flexibility far beyond the scope of most people"
  • #12,780
  • May 3, 2013 3:47am May 3, 2013 3:47am
Quoting Loy
{quote} just a last thing You said that M15 in ASCTREND nad MTF ARROW on the chart are the same thing, right? Now, a doubt: why in my chart at 8,25 time, M15 in ASCTREND is green and MTF ARROW in the chart is red It seems a relevant question for me, cause maybe I'm making something wrong in the setting Someone could clear me this issue, please? thx {image}
Please mark your chart where you mean...I can't see 8,25......just make a line there, it's so much easier
Doing what you like is Freedom. Liking what you do is Happiness.
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