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Genesis Matrix Trading

  • #13,441
  • May 17, 2013 1:16am May 17, 2013 1:16am
Quoting vamtop
{quote} Never go against the general trend of the market if you want to bank more than few pips, or take less losses. {image}
Thank you now I will follow up on this, GJ - 20 pips.
Do not be afraid to make mistakes, be afraid to repeat them.
  • #13,442
  • May 17, 2013 1:18am May 17, 2013 1:18am
Quoting vamtop
{quote} Pay attention you are trading against a strong short trend.
out with heavy loss

well, I wanna say good bye to all and thanks

this is my last day of trading

I'll return to my full job, I've unfortunately left, before I lose lot of many with trading

Best things and green pips to all
Don't give up
  • #13,443
  • May 17, 2013 1:24am May 17, 2013 1:24am
Quoting geomink
{quote} out with heavy loss well, I wanna say good bye to all and thanks this is my last day of trading I'll return to my full job, I've unfortunately left, before I lose lot of many with trading Best think and green pips to all
This is the third day in a row that you have tried to enter against the trend, and been told about it on every occasion....and you wonder why take losses? You seem to have a *need* to be in a trade just because the market is open and you are sitting at your computer. Sorry you have lost your money, but the way you 'trade' makes this virtually inevitable. You should be reading babypips from start to finish.....a few times....and then demo trading for at least 12 months.

Honestly, go to babypips/school and spend the rest of the year learning how to trade, and when NOT to trade.

Good luck
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,444
  • May 17, 2013 1:27am May 17, 2013 1:27am
Quoting geomink
{quote} out with heavy loss well, I wanna say good bye to all and thanks this is my last day of trading I'll return to my full job, I've unfortunately left, before I lose lot of many with trading Best things and green pips to all
Geomaink on forex for more than 8 months and only a couple of days ago, I began to realize their mistakes, and since that day, I decided for myself that I would not trade against the trend, as well as to repeat the mistakes of others.

During the 8 months of school I lost $ 150, I think it's worth it!
Do not be afraid to make mistakes, be afraid to repeat them.
  • #13,445
  • May 17, 2013 1:31am May 17, 2013 1:31am
short
Attached Image (click to enlarge)
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Do not be afraid to make mistakes, be afraid to repeat them.
  • #13,446
  • May 17, 2013 1:38am May 17, 2013 1:38am
Quoting JasonDeaN
short {image}
Correct me if I'm wrong, but your SL is not by the thread's rules.
  • #13,447
  • May 17, 2013 1:42am May 17, 2013 1:42am
Yes, you're right. I have already raised the stoploss level
Attached Image
Do not be afraid to make mistakes, be afraid to repeat them.
  • #13,448
  • May 17, 2013 1:44am May 17, 2013 1:44am
Quoting JasonDeaN
{quote} Geomaink on forex for more than 8 months and only a couple of days ago, I began to realize their mistakes, and since that day, I decided for myself that I would not trade against the trend, as well as to repeat the mistakes of others. During the 8 months of school I lost $ 150, I think it's worth it!
take a look at the perfect stop hunting under the low of NZD/USD
and realize this forex is a scam, infested by bots and HFT
before you realize this, less money you'll lose
Don't give up
  • #13,449
  • May 17, 2013 1:54am May 17, 2013 1:54am
Quoting geomink
{quote} take a look at the perfect stop hunting under the low of NZD/USD and realize this forex is a scam, infested by bots and HFT before you realize this, less money you'll lose
unstable environment (probabilistic) + unstable mind = unstable results
"Trading require mental flexibility far beyond the scope of most people"
  • #13,450
  • May 17, 2013 1:59am May 17, 2013 1:59am
Quoting geomink
{quote} take a look at the perfect stop hunting under the low of NZD/USD and realize this forex is a scam, infested by bots and HFT before you realize this, less money you'll lose
This is the hardest job you could ever try in your life. You must be patient, ready to accept a loss, educated to follow your strategy in every psicological condition, and last but not least, believe in yourself and don't be a victim of the evil market. If you make a mistake it's just your fault. The market has no memory and don't care about you, it's there just to give us the opportunity to make some money.
  • #13,451
  • May 17, 2013 2:03am May 17, 2013 2:03am
Quoting geomink
{quote} out with heavy loss well, I wanna say good bye to all and thanks this is my last day of trading I'll return to my full job, I've unfortunately left, before I lose lot of many with trading Best things and green pips to all
geomink,

Really sad to lose someone.

Markets can be very cruel.

I certainly can remember when it felt I was constantly swimming against tide.

Excuse the pun, but replace tide with trend , and replace swim with trade, and that was what I was trying to do.

And from looking at geomink's trades, he was trying to do the same...and the result
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #13,452
  • May 17, 2013 2:22am May 17, 2013 2:22am
Quoting geomink
{quote} out with heavy loss well, I wanna say good bye to all and thanks this is my last day of trading I'll return to my full job, I've unfortunately left, before I lose lot of many with trading Best things and green pips to all
Geomink,

Really disheartening to read your mail. What Marty says above is vital. I am not experienced enough to advise you, but my understanding of the market is that going with the trend is the key thing. Question is, direction of which time frame? With Genesis we enter trades on the M5 time frame based on M15 direction, but H1 direction plays a vital role. One should keep the overall direction in mind by having a background picture of H4 and Day chart in mind. Another thing is that using Xaphods indicators to keep M30, H1, H4 within vision does help prevent entering countertrend trades.
For me it is a steep learning curve, but giving up is not the answer.
What the mind does not know, the eyes cannot see
  • #13,453
  • May 17, 2013 2:31am May 17, 2013 2:31am
You advise not to trade against the trend (D1), but there are very big trends. How to be here?
Attached Image (click to enlarge)
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Do not be afraid to make mistakes, be afraid to repeat them.
  • #13,454
  • May 17, 2013 2:32am May 17, 2013 2:32am
Quoting padila
{quote} Geomink, Really disheartening to read your mail. What Marty says above is vital. I am not experienced enough to advise you, but my understanding of the market is that going with the trend is the key thing. Question is, direction of which time frame? With Genesis we enter trades on the M5 time frame based on M15 direction, but H1 direction plays a vital role. One should keep the overall direction in mind by having a background picture of H4 and Day chart in mind. Another thing is that using Xaphods indicators to keep M30, H1, H4 within vision...
my mistakes are a fact, visible

but I don't change idea on others concepts

take a look at the behavior of NZD/USD today and you'll see I'm not wrong

happy pips to all

bye
Don't give up
  • #13,455
  • May 17, 2013 2:34am May 17, 2013 2:34am
Quoting JasonDeaN
You advise not to trade against the trend (D1), but there are very big trends. How to be here? {image}
the trend is your friend...........untile it bends and ends......... and you'll never know..........

and what TF trend? H1? H4?

well, and if NZD/USD is in a strong bearish trend, why just under a few pips by the low beginning to buy and not end anymore?

anyway,

I don't want write OT in the this thread

let me say bye
Don't give up
  • #13,456
  • May 17, 2013 2:40am May 17, 2013 2:40am
Quoting geomink
{quote} the trend is your friend...........untile it bends and ends......... and you'll never know.......... and what TF trend? H1? H4? well, and if NZD/USD is in a strong bearish trend, why just under a few pips beginning to buy and not end anymore? anyway, I don't want write OT in the this thread let me say bye
a last thing about NZD/usd
I did buy at 8.81121 sl under duble low
sl hunted
if I had hold position now I'll be in profit again

let's think about it

for the last time

say good bye
Don't give up
  • #13,457
  • May 17, 2013 2:46am May 17, 2013 2:46am
Quoting JasonDeaN
You advise not to trade against the trend (D1), but there are very big trends. How to be here? {image}
Jason,
the market goes where it wants, it's just high or low probability. I make you an example, if you are playing russian roulette you would prefer to have just one or more bullets in the gun before to pull the trigger? Each bullets represent the obstacles to a profitable trade, a pivot, a round number, supports, resistances, trend at HTF and so on. Sometimes it's better to see a rally rather than to risk more. I'm telling you this because I have been in the same condition. Take an overall vision of the market and then decide where to go and your account will grow up as hair on your chest
  • #13,458
  • May 17, 2013 2:47am May 17, 2013 2:47am
Quoting geomink
{quote} the trend is your friend...........untile it bends and ends......... and you'll never know.......... and what TF trend? H1? H4? well, and if NZD/USD is in a strong bearish trend, why just under a few pips beginning to buy and not end anymore? anyway, I don't want write OT in the this thread let me say bye
Well....this thread is not for newbies....and it says as much on Post #1. It is also not for people who aren't newbies, but still cannot understand the ebb and flows of the market....and it's not easy to understand, but it's like swimming, or riding a bicycle.....eventually you'll 'get it' and then you'll be fine. But.....make no mistake.....there IS NOT a system that will ever be profitable if you you do not understand the market first......and clearly, you do not....at all.

Now.....you have ignored my advice about trading with the trend, and that is entirely up to you. My last piece of advice to you, and you can do what you like with it, is to go to babypips/school and learn the basics of trading. Then, demo trade for the rest of the year, and treat it seriously.....not as a joke. When you can trade consistently in profit on demo....you *might* want to think about opening a $100.00 account and using that as the next step. Turn that $100 into $200. Withdraw $100 (your stake) and start again.

This is the best way to learn. Taking all and every trade all the time no matter the trend or anything else, as you do, will just lead to ruin and anger......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,459
  • Edited 3:04am May 17, 2013 2:50am | Edited 3:04am
Athough trade was CT but was looking good as it formed DB with Genesis conditions met, +16 Pips
Attached Image (click to enlarge)
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  • #13,460
  • May 17, 2013 2:57am May 17, 2013 2:57am
Quoting pundit78
Athough trade was CT but was looking good as it formed DB with Genesis conditions met, +16 Pips {image}
Please don't post charts with extra indicators on them.....this is quite clear in Post #1 and the issue has been revisited as recently as this week.
Doing what you like is Freedom. Liking what you do is Happiness.
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