Genesis Matrix Trading | Page 722 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #14,421
  • Jun 4, 2013 4:19am Jun 4, 2013 4:19am
Quoting Martyfish
Steepest fall in EZ PPI ever, ever ever -0.6%
Spains unemployment change looks good on paper.....but is it reality, or is it twisted stats?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,422
  • Jun 4, 2013 4:31am Jun 4, 2013 4:31am
Quoting realjumper
{quote} Spains unemployment change looks good on paper.....but is it reality, or is it twisted stats?
Isn't it mostly due to the summer season being open? I mean increase in tourists would require more work force, no?
  • #14,423
  • Jun 4, 2013 4:42am Jun 4, 2013 4:42am
Quoting WDays
{quote} Isn't it mostly due to the summer season being open? I mean increase in tourists would require more work force, no?
It could be that....I'm not sure whether the numbers are seasonally adjusted or not. What do you think Marty?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,424
  • Jun 4, 2013 4:51am Jun 4, 2013 4:51am
Quoting realjumper
{quote} Good evening to you GJ, EJ and CJ have been the performers today, but you had to be on this side of the planet to take advantage of them. No, I didn't re-enter the AU trade......I've been caught too many times before entering in the early Frankie session. I let the AU go without me.....
Looking at the majors, I just don't see how we could possibly get a good set up today. PA is very choppy. GL and be careful out there. I'm going to sit back and be patient.
  • #14,425
  • Jun 4, 2013 4:54am Jun 4, 2013 4:54am
I'm a big fan of ATR and right now I feel like EU is my potential trade, maybe it's waiting for NY? We'll see... I'll wait for NY and if it's as slow as it is right now I'll just call it a day early again.

@RJ isnt data raw?
  • #14,426
  • Jun 4, 2013 4:58am Jun 4, 2013 4:58am
Quoting MKFXTrader
{quote} Looking at the majors, I just don't see how we could possibly get a good set up today. PA is very choppy. GL and be careful out there. I'm going to sit back and be patient.
Yep....patience is the key.....we just have to wait and see what happens....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,427
  • Jun 4, 2013 4:59am Jun 4, 2013 4:59am
Quoting WDays
I'm a big fan of ATR and right now I feel like EU is my potential trade, maybe it's waiting for NY? We'll see... I'll wait for NY and if it's as slow as it is right now I'll just call it a day early again. @RJ isnt data raw?
I suppose the data is raw, you're probably right. Something doesn't seem right with it though......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,428
  • Jun 4, 2013 5:21am Jun 4, 2013 5:21am
Quoting realjumper
{quote} It could be that....I'm not sure whether the numbers are seasonally adjusted or not. What do you think Marty?

Sorry, I haven't read/seen any analysis on the numbers yet
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #14,429
  • Jun 4, 2013 5:37am Jun 4, 2013 5:37am
Quoting Martyfish
{quote} Sorry, I haven't read/seen any analysis on the numbers yet
I've been searching too......I guess we'll have to wait a while.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,430
  • Jun 4, 2013 7:07am Jun 4, 2013 7:07am
Hi Guys.. E/J short.. but SL hit.. what's wrong here..? Appreciate your help..
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-m5-pepperstone-financial-pty.png Size: 70 KB
  • #14,431
  • Jun 4, 2013 7:11am Jun 4, 2013 7:11am
Quoting bluejack
Hi Guys.. E/J short.. but SL hit.. what's wrong here..? Appreciate your help.. {image}
What is the trend doing today?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,432
  • Jun 4, 2013 7:12am Jun 4, 2013 7:12am
I would say the move up to the left was a significant size. Considering that, I personally would have wanted the H1 ASCTrend to have turned red to confirm that move was over.

Just my opinion though fwiw
  • #14,433
  • Jun 4, 2013 7:13am Jun 4, 2013 7:13am
Quoting bluejack
Hi Guys.. E/J short.. but SL hit.. what's wrong here..? Appreciate your help.. {image}
Bluejack. Looks like you've sold at the bottom of today's intraday retrace. You can't see that? You can't just automatically hit the sell/buy button when your matrix's lines up on the 5min TF.
  • #14,434
  • Jun 4, 2013 7:14am Jun 4, 2013 7:14am
Quoting bluejack
Hi Guys.. E/J short.. but SL hit.. what's wrong here..? Appreciate your help.. {image}
Wasn't your entry right above R1, against the dominant bull move earlier in the day and against your H1 Arrow direction? Let's wait for others' input.
What the mind does not know, the eyes cannot see
  • #14,435
  • Jun 4, 2013 7:29am Jun 4, 2013 7:29am
So there you have it bluejack:

1. The trend is up today....EJ bulls have moved the price 148 pips north today, and you're trying to sell into that move.

2. Your attempted counter trend trade was right at the bottom of the retrace

3. You attempted to sell right on top of R1.

I think babypips is for you....the link is on Post #1.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,436
  • Jun 4, 2013 7:43am Jun 4, 2013 7:43am
PA looked good.. M15 stoch was down.. ASC Trend Indi all red except h1. Entry was below R1.. When it hit SL, it killed my confidence... May be i was over confident.. As RJ pointed, I should have looked at the trend first. Anyways, moving on to the next one.. Thank You All for your comments. It HELPS a lot.. Appreciate it..
  • #14,437
  • Jun 4, 2013 7:48am Jun 4, 2013 7:48am
Quoting realjumper
So there you have it bluejack: 1. The trend is up today....EJ bulls have moved the price 148 pips north today, and you're trying to sell into that move. 2. Your attempted counter trend trade was right at the bottom of the retrace 3. You attempted to sell right on top of R1. I think babypips is for you....the link is on Post #1.
Saw your comment after posting mine..
  • #14,438
  • Jun 4, 2013 8:25pm Jun 4, 2013 8:25pm
Hello after a while.

right now i have a sell open on AJ
i will see how it works when the news comes out.
Attached Image (click to enlarge)
Click to Enlarge Name: aj m5.png Size: 9 KB
  • #14,439
  • Jun 4, 2013 8:35pm Jun 4, 2013 8:35pm
Quoting Fame of me
Hello after a while. right now i have a sell open on AJ i will see how it works when the news comes out. {image}
Nice call there Fame......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,440
  • Jun 5, 2013 1:14am Jun 5, 2013 1:14am
Quoting Fame of me
Hello after a while. right now i have a sell open on AJ i will see how it works when the news comes out. {image}
What the mind does not know, the eyes cannot see
24 traders viewing now