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Genesis Matrix Trading

  • #14,301
  • May 31, 2013 7:49am May 31, 2013 7:49am
We had the same thing in Europe with Iceland.

All Icelandic banks went bust.

I pulled a considerable sum of money out of a deposit, 2 months before they went bust.

I was getting greedy with the interest they offered, and read of their financial difficulties, in financial press.

The Icelandic government refused to bail out the banks (or to put it correctly, couldn't afford to).

So any depositors, who had deposits in excess of UK government guarantees, lost their money.

That's capitalism
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #14,302
  • May 31, 2013 7:51am May 31, 2013 7:51am
I found something way too funny not to share it with you,
as we are talking about muppets (and sometime sheep) here is a little something while waiting for a Genesis signal.
http://projects.wsj.com/games/thefed.../?mg=inert-wsj
I will delete it if a guru ask, np.
  • #14,303
  • May 31, 2013 7:53am May 31, 2013 7:53am
Quoting Martyfish
But propping up bankrupt banks, leads to huge unrecognised losses, leading to reduced lending. If that reminds you of where Japan was back in the early nineties. You are right. This is where EZ is now. The option is short sharp pain, or protracted paralysis. 20 years possibly more. The Japanese handled it because of their massive export industries, and innovation. EZ periphery has very little
Well...yes and no.

Remember that up until Abe, the people bought the debt in Japan....whether that was a good idea is debatable...as is Abe's method....which is not his idea either!!

I agree, propping up bankrupt banks is lunacy......but so is stealing 60% of investors savings.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,304
  • May 31, 2013 7:54am May 31, 2013 7:54am
Quoting Martyfish
and its not theft, its capitalism
It's capitalism if *everyone* loses 60% of their savings.......when some lose it and not others, it's theft.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,305
  • May 31, 2013 7:59am May 31, 2013 7:59am
Quoting Martyfish
We had the same thing in Europe with Iceland. All Icelandic banks went bust. I pulled a considerable sum of money out of a deposit, 2 months before they went bust. I was getting greedy with the interest they offered, and read of their financial difficulties, in financial press. The Icelandic government refused to bail out the banks (or to put it correctly, couldn't afford to). So any depositors, who had deposits in excess of UK government guarantees, lost their money. That's capitalism
I see what you're saying, and in principle I agree with you. But why would people ever trust a bank with their money again? The banking industry is huge, and is a huge employer.....if they are (for whatever reason) unable to meet their commitments, and so take the money of the investor, which does not belong to them, then why would anyone trust them ever again?

If the banks, or the banking industry falls into disrepute because they simply take people money to sort out their own problems, then we are heading into a very, very dark and dangerous hole!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,306
  • May 31, 2013 8:05am May 31, 2013 8:05am
Quoting Marviin
I found something way too funny not to share it with you, as we are talking about muppets (and sometime sheep) here is a little something while waiting for a Genesis signal. http://projects.wsj.com/games/thefed.../?mg=inert-wsj I will delete it if a guru ask, np.
hee hee hee.......poor old Ben!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,307
  • May 31, 2013 8:20am May 31, 2013 8:20am
Quoting realjumper
{quote} If the banks, or the banking industry falls into disrepute because they simply take people money to sort out their own problems
In the UK we have one of our biggest banks, owned (I think around) 80% by the government.

Most of EZ banks are bust, with unrecognised losses on commercial and residential property and sovereign debts.

Quoting realjumper
{quote} we are heading into a very, very dark and dangerous hole!
We are already there !!

I know for a fact, there are significant numbers of companies, who have had their covenants waived, as long as they can service the interest on bank debt, here in the UK and Europe.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #14,308
  • May 31, 2013 8:32am May 31, 2013 8:32am
Quoting Martyfish
{quote} In the UK we have one of our biggest banks, owned (I think around) 80% by the government. Most of EZ banks are bust, with unrecognised losses on commercial and residential property and sovereign debts. {quote} We are already there !! I know for a fact, there are significant numbers of companies, who have had their covenants waived, as long as they can service the interest on bank debt, here in the UK and Europe.

And heads should certainly roll for that.....right up the line, no matter where it leads....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,309
  • May 31, 2013 8:35am May 31, 2013 8:35am
There's an interesting article here Marty, about what our chief muppet is up to....fwiw
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,310
  • May 31, 2013 8:40am May 31, 2013 8:40am
De leverage and sovereign write downs is the only solution in the end, in order to avoid a systemic collapse.. A shame the economists are from that.!!
  • #14,311
  • May 31, 2013 8:48am May 31, 2013 8:48am
Strong US PMI !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #14,312
  • May 31, 2013 9:04am May 31, 2013 9:04am
Good Morning everyone,

My first trade of the day, just liquidated out for
20 pip's. Every little bit helps

snarlyjack
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  • #14,313
  • May 31, 2013 9:09am May 31, 2013 9:09am
Last trade for this week. GU +50. I have around +220 for this week. Have a nice weekend !!
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Even though I walk through the darkest valley, I will fear no evil
  • #14,314
  • May 31, 2013 10:25am May 31, 2013 10:25am
Good Genesis signals all day today.

Nice to see everyone did well.
What the mind does not know, the eyes cannot see
  • #14,315
  • May 31, 2013 10:27am May 31, 2013 10:27am
Hello to all and RJ..thanks for the great system I try for a while with exciting and demo it have some signifant success and will try to improve. In the meanwhile the system differ on some indicators with some other versions as I followed many charts from here and it confuses me how it has to be now apart from the first post indicators. Rj might can help to indicate again the last, because ı use the GMTS-Matrix but also see the Genesis 2.21.npr and so on. It really confuses me to follow the correct one. Also the ASCITrend1i and the MTF ARROW 2.00 are these the same because MTF ARROW 2.00 did show me nothing but the ASCITrend1i di. Also I saw a MTF ARROW 2.01 AND MTF ARROW 3.00. So might be a re-help I need to know what I have to follow and put on my chart exactly. Can anyone help me fast, especially master RJ? many thanks in advance.
" Accepting losses is the most important single investment devise "
  • #14,316
  • May 31, 2013 11:19am May 31, 2013 11:19am
Gold HPT trade today. +200 pips.
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  • #14,317
  • May 31, 2013 11:27am May 31, 2013 11:27am
A/U HPT Trade +50 pips.
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  • #14,318
  • Edited 12:08pm May 31, 2013 11:34am | Edited 12:08pm
Quoting freedom48
Hello to all and RJ.......... many thanks in advance.
Once you download the indicators from post #1, and put the Genesis template, you get the following in M5:

1) Price action in Heiken Ashi candles.
2) 5 MA
3) Pivot Points
4) Genesis Matrix (TVI, CCI, T3, GHL) in M5 time frame
5) Stochastics M5 and M15 at settings 11,3,3 in two different windows.
6) M5 and M15 Arrows on the chart.

Upload the template and check that the above are present. These are the indicators you need to trade Genesis.

Other indicators are mainly higher time frames of Arrow, Stochastics and Genesis Matrix. You can consider the higher time frames once you are familiar with the basic template. Higher time frame Arrow is available in Matrix form which is Genesis Arrow Matrix. ASCTrend MTF is basically the Arrow indicator in MTF. ASCTrend1i just needs to be present in your indicator folder and works from the background to generate the M5 and M15 arrows on the chart, I would not worry about it separately.

I would try out the basic set up first and then add the higher time frame indicators. Look at Xaphod's thread for the Additional indicators. If you read the whole of Xaphod's thread, the additional indicators and their function will be clear. Read post #1 carefully including the links and get familiar with the set up first.

Read Marty's posts and look at the charts posted by RJ, MKFXTrader and others to get an idea.

Hope it helps. Best wishes.
What the mind does not know, the eyes cannot see
  • #14,319
  • May 31, 2013 11:35am May 31, 2013 11:35am
Quoting MKFXTrader
A/U HPT Trade +50 pips. {image}
Excellent trades!

What the mind does not know, the eyes cannot see
  • #14,320
  • May 31, 2013 11:49am May 31, 2013 11:49am
Quoting padila
{quote} Once you download the indicators from post
Thanks Padila..will re-check all again...
" Accepting losses is the most important single investment devise "
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