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Genesis Matrix Trading

  • #14,561
  • Jun 11, 2013 2:33am Jun 11, 2013 2:33am
Quoting realjumper
{quote} Yeah...the problem has existed since the Internet was invented.....there is nothing we can do about it
Just because they ripped an indicator off, doesn't mean they'd get the full perks of actually being in the genesis THREAD. Entry rules are simple, it's more the discretion used by genesis traders that benefits me, personally.


On a side note, currently doing small 5-10 pip scalps on pairs that I trade due to lack of setups on the three pairs that I've got... Nothing worth posting though.
  • #14,562
  • Jun 11, 2013 2:49am Jun 11, 2013 2:49am
BOJ’s Kuroda: It’s undesireable for JGB volatility to increase
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,563
  • Jun 11, 2013 2:55am Jun 11, 2013 2:55am
Quoting realjumper
BOJ’s Kuroda: It’s undesireable for JGB volatility to increase
"BOJ has decided no new tools are necessary now as market has stabilised".......'market has stablised'.......ROFL....on what planet??
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,564
  • Jun 11, 2013 3:41am Jun 11, 2013 3:41am
Quoting snarlyjack
First strike of my night, 15 pips snarlyjack {image}
Your pivots seem off snarlyjack. Your daily PP seems to be 0.9434 but I think 0.9445 is correct. You may already know and if so no problems.
  • #14,565
  • Jun 11, 2013 3:51am Jun 11, 2013 3:51am
Here is my first 21 pips)

1. In the trend direction
2. 15 min arrow is short.
2. 15 min stoch is not perfect, but it's best state today..
3. Pivot seems to left behind.
4. The yen is quite strong now on currenсy strenth meter.
(-) S/L of course too far away .. but will monitor the possible reverse pivot crossing, and quit manually if that ..

Exit on 130.
What do you think?
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  • #14,566
  • Jun 11, 2013 3:53am Jun 11, 2013 3:53am
Quoting padila
Took 10 pip in GBP. Is this the fake out, Marty? Or do you see a bigger pull up prior to the fall in a fake out? {image}
Is the red MA in your chart 72EMA? Thanks
  • #14,567
  • Jun 11, 2013 4:01am Jun 11, 2013 4:01am
Quoting MidnightRun
{quote} Is the red MA in your chart 72EMA? Thanks
It is 60 sMA
What the mind does not know, the eyes cannot see
  • #14,568
  • Jun 11, 2013 4:08am Jun 11, 2013 4:08am
I just want to say Hello, and thank for this thread to RJ and all the wonderful people contributing here!
Here is the conversation about some russian people who stealed the system and selling it/
I'm from Russia myself/
I don't know why, but in russian forums people try to find something worth and make a robot, nobody wants to use one's brain......
Just keep up good work!!!
Btw, I raised my small account $45 (I can't take demo seriously) to $50 in 2 days, not much? but if it was $4500? or $45000 - thanks)))))))

Edit: $51.31 already)))))
  • #14,569
  • Jun 11, 2013 4:09am Jun 11, 2013 4:09am
A tidy 36 pips off of EJ ... entry notes were :

5 stoch from a reasonably high level, m15 stoch turning, h1 still creeping downwards, a lot of room down to s1. Below DP.

Exited due to hitting s1, which appears to also be close to some recent resistance levels over the last 8 or so days.
Attached Image (click to enlarge)
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1 pip at a time ... if the entries are strong, the rest will follow ...
  • #14,570
  • Jun 11, 2013 4:16am Jun 11, 2013 4:16am
Quoting antantnz
A tidy 36 pips off of EJ ... entry notes were : 5 stoch from a reasonably high level, m15 stoch turning, h1 still creeping downwards, a lot of room down to s1. Below DP. Exited due to hitting s1, which appears to also be close to some recent resistance levels over the last 8 or so days. {image}
Nice...a good trade with the wind at your back
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,571
  • Jun 11, 2013 4:19am Jun 11, 2013 4:19am
Had exited prior to news.
Attached Image(s) (click to enlarge)
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What the mind does not know, the eyes cannot see
  • #14,572
  • Jun 11, 2013 4:20am Jun 11, 2013 4:20am
This is the EU Daily chart.....see where the stoch entered the so called 'overbought zone?'.......see how the PA continues north....another +200 in fact, with no sign of the bulls backing off yet?

Remember this post the next time you think that the stoch is a simple overbought/oversold indicator.
Attached Image (click to enlarge)
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,573
  • Jun 11, 2013 4:24am Jun 11, 2013 4:24am
Quoting padila
Had exited prior to news. {image} {image}
Almost too easy isn't it?

When I am in a trade and news is coming, most often I will move my SL into some sort of profit....even BE will do, and then ride out the news. Sometimes the SL sweep gets me...mostly on GU....but often the news pushes the price in the same direction as my trade and I make a nice earn out of it.

Nothing wrong with what you did though.....I just do it differently
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,574
  • Jun 11, 2013 4:28am Jun 11, 2013 4:28am
Quoting realjumper
{quote} Almost too easy isn't it? When I am in a trade and news is coming, most often I will move my SL into some sort of profit....even BE will do, and then ride out the news. Sometimes the SL sweep gets me...mostly on GU....but often the news pushes the price in the same direction as my trade and I make a nice earn out of it. Nothing wrong with what you did though.....I just do it differently
Thanks RJ. Hopefully with experience I will get there.
What the mind does not know, the eyes cannot see
  • #14,575
  • Jun 11, 2013 4:29am Jun 11, 2013 4:29am
Quoting realjumper
This is the EU Daily chart.....see where the stoch entered the so called 'overbought zone?'.......see how the PA continues north....another +200 in fact, with no sign of the bulls backing off yet? Remember this post the next time you think that the stoch is a simple overbought/oversold indicator. {image}
Point to be added to the FAQ list.
What the mind does not know, the eyes cannot see
  • #14,576
  • Jun 11, 2013 4:42am Jun 11, 2013 4:42am
EJ taken at break of S1
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What the mind does not know, the eyes cannot see
  • #14,577
  • Jun 11, 2013 4:45am Jun 11, 2013 4:45am
Quoting realjumper
{quote} Nice...a good trade with the wind at your back
Evidently not just a wind, but a very strong gale ... would have been nice to have kept some in ... ah wells, green is green!
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #14,578
  • Jun 11, 2013 5:33am Jun 11, 2013 5:33am
Quoting wiz3003
My yesterday trade : EC +73 still live. TP 3538. I entered the trade @ 3445 spotting on M1 my entry because this was an interesting level and price reacted after first attemp of BO (trade with the trend). {image}
Hi Wiz, are you still in? Wow now it could be +150 more or less.
Ciao. Luca
  • #14,579
  • Jun 11, 2013 5:51am Jun 11, 2013 5:51am
Missed most of the action so far, but took EU long to R1 for +23. High time to get another screen!
Attached Image (click to enlarge)
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mind over matter
  • #14,580
  • Jun 11, 2013 5:55am Jun 11, 2013 5:55am
Quoting Lio46
{quote} Hi Wiz, are you still in? Wow now it could be +150 more or less.
No Lio, I was out when price hit my target.
One of my issues in trading is the exit. In the past I always looked for "runners" and most of the time I didn't collect all the pips I could because I waited to take more pips before price reversed ... Then I made a simulator to analyze different exits strategies and now, according to my studies, I prefer to take my pips when price touches my targets.

I know in this way my performances improve ... but because I am a human being I can't hide that sometimes, when price takes off after my target, I am a little disappointed (but now it lasts just few minutes ;-))
You control how you trade; the market controls how and when you'll get paid
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