Genesis Matrix Trading | Page 724 | 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

  • #14,461
  • Jun 5, 2013 4:13pm Jun 5, 2013 4:13pm
Hey Guys,

I was wondering if anyone swing trading using this strategy. if so Please tell us how's their account performing in terms of earning v/s losing trades per month.

thanks in advance.
  • #14,462
  • Jun 5, 2013 7:36pm Jun 5, 2013 7:36pm
Quoting RainyDay1
Just want to say hi to some old friends here, especially RJ and Marty. Missed you guys a lot! Been away for most of this year due to personal issues, but hopefully I can be back and consistently have time to trade going forward. Good luck everybody. So many new faces here, it seems.
Hey there Rainy...good to see you. Yep...more new faces
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,463
  • Jun 5, 2013 7:42pm Jun 5, 2013 7:42pm
Quoting pundit78
Took this trade, lets c where does it go. {image}
Well you didn't give the trade a chance to "c where it does go" did you? The PA was bouncing quite nicely along R1, your SL under the previous swing low was never even remotely threatened and then the PA went up to sit on top of R2 about 50 pips higher.

I don't see any valid reason to have closed that trade
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,464
  • Jun 5, 2013 7:45pm Jun 5, 2013 7:45pm
Quoting WDays
{quote} It wasn't news so much as NY open that messed my trade up. I should have closed early instead of waiting it out.
I keep saying...stay away from GU....it's not an easy pair to trade.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,465
  • Jun 5, 2013 7:48pm Jun 5, 2013 7:48pm
Ok....caught up on the posts of yesterday.....onto today and then we have the NFP circus at the end of the week....lol...I must go and buy some potato chips for the show!! It's been a strange week so far, but profitable, so that's all that counts...the UJ pair is interesting, I wonder if Abe has got any more "bold action" up his sleeve?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,466
  • Jun 5, 2013 8:33pm Jun 5, 2013 8:33pm
Quoting realjumper
Ok....caught up on the posts of yesterday.....onto today and then we have the NFP circus at the end of the week....lol...I must go and buy some potato chips for the show!! It's been a strange week so far, but profitable, so that's all that counts...the UJ pair is interesting, I wonder if Abe has got any more "bold action" up his sleeve?
There comes a circus in the town? yehaaaa
I want candyfloss
  • #14,467
  • Jun 5, 2013 8:42pm Jun 5, 2013 8:42pm
Quoting Fame of me
{quote} There comes a circus in the town? yehaaaa I want candyfloss
Yep....it's a circus and the Muppet show all rolled into one big monthly extravaganza!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,468
  • Jun 5, 2013 11:31pm Jun 5, 2013 11:31pm
Hello everyone,

It's 10:25 p.m. my time here in Montana and I thought I'd
try some evening trades. Just liquidated out of the usd/jpy
on the round number and made about 10 pips. No big deal,
took longer than I wanted but what you gonna do.

Good trading everyone!

snarlyjack
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpymm151.png Size: 67 KB
  • #14,469
  • Jun 5, 2013 11:37pm Jun 5, 2013 11:37pm
Followup,

The usd/jpy (15 minute chart) hit the round rumber exactly
and bounced up. So watch those pivots & round numbers!

snarlyjack
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpymm15.png Size: 61 KB
  • #14,470
  • Jun 5, 2013 11:43pm Jun 5, 2013 11:43pm
Hey Ryanlum<

Good to see you here!
Goodluck in your trading

snarlyjack
  • #14,471
  • Jun 5, 2013 11:45pm Jun 5, 2013 11:45pm
Quoting snarlyjack
Hey Ryanlum< Good to see you here! Goodluck in your trading snarlyjack
Thanks snarlyjack

I saw you made a quick scalp on UJ.. nice victory
  • #14,472
  • Jun 5, 2013 11:53pm Jun 5, 2013 11:53pm
Ryanlum,

Thanks...My quick "scalp" took about 1 1/2 hours.
I was watching t.v. and looking at my charts and saw the
set-up so I took a shot at it. Thankfully it worked out...

snarlyjack
  • #14,473
  • Jun 5, 2013 11:57pm Jun 5, 2013 11:57pm
Quoting snarlyjack
Hello everyone, It's 10:25 p.m. my time here in Montana and I thought I'd try some evening trades. Just liquidated out of the usd/jpy on the round number and made about 10 pips. No big deal, took longer than I wanted but what you gonna do. Good trading everyone! snarlyjack {image}
Late afternoon here Jack.....and I've been on the AU, NU and EA pairs today so I have no complaints! I decided to stay off the Yen crosses until we see a clearer picture.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,474
  • Jun 6, 2013 12:07am Jun 6, 2013 12:07am
Goodmorning to you RJ,

I guess it's almost time for the L/O. About 2 hours away.
I would love to find a good pair to trade during my evening hours.
The Asia session. Thought I'd try the usd/jpy. Any suggestions
of a good pair would be appreciated!

Went for a 150 mile motorcycle trip around the lake today.
What a great summer day. If only it was like this year round.
Not much riding in the late fall & winter, just to cold & icy.

snarlyjack
  • #14,475
  • Jun 6, 2013 12:20am Jun 6, 2013 12:20am
Quoting snarlyjack
Goodmorning to you RJ, I guess it's almost time for the L/O. About 2 hours away. I would love to find a good pair to trade during my evening hours. The Asia session. Thought I'd try the usd/jpy. Any suggestions of a good pair would be appreciated! Went for a 150 mile motorcycle trip around the lake today. What a great summer day. If only it was like this year round. Not much riding in the late fall & winter, just to cold & icy. snarlyjack
It's hard to recommend a pair Jack...they all have their moments. AU has been a good pair for the past couple of weeks, and EA has been reliable too. UJ was great but because Abe's 'bold action' rhetoric was so repeated, as the Japanese politicians are prone to do, the Yen crosses are now taking another look things......and in the UJ pair there really hasn't been much of a correction since Abe's yappin ignited the fuse when the PA was down around 78....so it's massively overbought. That's not to say that it won't go higher of course, we need to watch Genesis for the signals. So have given the Yen crosses a rest and have been trading the Aussie crosses, but that might be coming to an end soo too....no way to predict these things, so we just have to see what's on offer. Another pair I'm watching is EU......it's well, well overdue for some solid breakout from it's persistent and frustrating ranging crap, but when that will come, who knows?

You bike ride sounds great......we are down to around 10 degrees during the days now, and the weather is starting to get shitty as well, so the Ducati is all tucked up and warm!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,476
  • Jun 6, 2013 1:00am Jun 6, 2013 1:00am
Thanks RJ,

I appreciate your help & insight.
I've been trading the aud/usd and it's been good, especially
with gold moving down. I've never traded the eur/aud or the
eur/jpy so they are new to me. But I'am into new things!
I trade mostly the eur/usd, gbp/usd & aud/usd. Your right
about the gbp/usd it is hard to trade.

Good luck trading tonight, as for me it's my zzz time...

snarlyjack
  • #14,477
  • Edited 1:29am Jun 6, 2013 1:05am | Edited 1:29am
Quoting snarlyjack
Thanks RJ, I appreciate your help & insight. I've been trading the aud/usd and it's been good, especially with gold moving down. I've never traded the eur/aud or the eur/jpy so they are new to me. But I'am into new things! I trade mostly the eur/usd, gbp/usd & aud/usd. Your right about the gbp/usd it is hard to trade. Good luck trading tonight, as for me it's my zzz time... snarlyjack
IMO...GU can be a beast or a beauty.....it is usually the last choice pair for me!

EU is stuck in a horrible range at the moment, and has been for a while so I don't much like that pair for now.

EA, if you have a look at an H1 chart, has been a great trending pair and very easy to trade....same with AU. It's just a matter of finding a decent trending pair, then get Genesis to give you an entry in the direction of that pairs trend.

I'll be having an early night too because I am very close to my target already, and I have to be up early to take a friend to the airport.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,478
  • Jun 6, 2013 2:08am Jun 6, 2013 2:08am
Quoting realjumper
{quote} IMO...GU can be a beast or a beauty.....it is usually the last choice pair for me! EU is stuck in a horrible range at the moment, and has been for a while so I don't much like that pair for now. EA, if you have a look at an H1 chart, has been a great trending pair and very easy to trade....same with AU. It's just a matter of finding a decent trending pair, then get Genesis to give you an entry in the direction of that pairs trend. I'll be having an early night too because I am very close to my target already, and I have to be up early to...
I dislike GU too, I take trades there extremely rarely. And my trade was on GJ, not GU.

EU has been complete crap. AU/EA move at night mostly, I've been stuck on EJ for the past week or more maybe and it is starting to stink.
  • #14,479
  • Jun 6, 2013 2:13am Jun 6, 2013 2:13am
Quoting WDays
{quote} I dislike GU too, I take trades there extremely rarely. And my trade was on GJ, not GU. EU has been complete crap. AU/EA move at night mostly, I've been stuck on EJ for the past week or more maybe and it is starting to stink.
Ah yes...my bad....it was GJ not GU......sorry about that.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,480
  • Jun 6, 2013 2:52am Jun 6, 2013 2:52am
Quoting WDays
{quote} I dislike GU too, I take trades there extremely rarely. And my trade was on GJ, not GU. EU has been complete crap. AU/EA move at night mostly, I've been stuck on EJ for the past week or more maybe and it is starting to stink.

I understand your dislike of GU, but I feel the couple of months GU has been a lot easier to trade.

Just seems it has larger fake-outs than other pairs, which once you "see" them, they are very profitable.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
14 traders viewing now