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Genesis Matrix Trading

  • #14,961
  • Jun 16, 2013 10:30pm Jun 16, 2013 10:30pm
Quoting ericjschroed
Hi, all. I've been reading here for a while (up to page 207) and just wanted to post one before I hit the sack. The best trading time for me is Asia so it's a little harder I think, but here is my EJ trade. (Also spent most of the time reading Emotion Free Trading, thanks RJ.) I saw the previous resistance (small brown line) and was waiting to see if price would break through and find support AND give time for the M15 Stoch to pull down, which it FINALLY did, and I was planning to take this trade for 2 hours, which is something I have never done...
Your pivots don't seem right.
Have a read at RJs post just above your one.
.... laughing all the way to the bank
  • #14,962
  • Jun 16, 2013 11:23pm Jun 16, 2013 11:23pm
Quoting Skat
Hello Everyone ..Just took this CT trade on 5M EJ .. Hoping to get some pips out of this setup. {image}
Hi,

Took Long AU and GJ
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Genesis-17 jun 2013 - AU.JPG Size: 101 KB
Click to Enlarge Name: Genesis-17 jun 2013 - GJ.JPG Size: 97 KB
Failure leads to Success if one learns from mistakes and never give up
  • #14,963
  • Edited 12:30am Jun 17, 2013 12:16am | Edited 12:30am
Quoting snarlyjack
Martyfish, I searched but couldn't find your chart. Are you trading the 5 minute chart or the 15 minute chart? Are you using: Your moving average's. The MTF stochastic set on 1 hour. The ASTC 4 trend matrix. Would you post a picture of your chart? Thanks for all your help snarlyjack
Hi SJ,

No I dont post my charts, because a use some non-Genesis indis, and out of respect to RJ and the Genesis team, I dont post them.

But I have posted:
- the MAs I use
- I use H1 stoch on my M15 chart
- I have M15 & M5 chart visible at all times
- I use 3TF Asc tape on M5 chart M5/M15/M30 & 2TF asc tape on M15 H1/H4
- I have Genesis dash set on TFs - M5,M15,M30,H1

Oh and one other, I have adjusted the Genesis MTF arrows, so I also have M30 arrows on the M5 chart.

I never trade against M30 arrows and H1 stoch
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #14,964
  • Jun 17, 2013 12:43am Jun 17, 2013 12:43am
Quoting Martyfish
{quote} Hi SJ, No I dont post my charts, because a use some non-Genesis indis, and out of respect to RJ and the Genesis team, I dont post them. But I have posted: - the MAs I use - I use H1 stoch on my M15 chart - I have M15 & M5 chart visible at all times - I use 3TF Asc tape on M5 chart M5/M15/M30 & 2TF asc tape on M15 H1/H4 - I have Genesis dash set on TFs - M5,M15,M30,H1 Oh and one other, I have adjusted the Genesis MTF arrows, so I also have M30 arrows on the M5 chart. I never trade against M30 arrows and H1 stoch
Thanks for the update Marty.
What the mind does not know, the eyes cannot see
  • #14,965
  • Jun 17, 2013 12:47am Jun 17, 2013 12:47am
I'm long GBPUSD. Watching to see if it will head through resistance.

Attached Image
  • #14,966
  • Jun 17, 2013 12:53am Jun 17, 2013 12:53am
Quoting Autobotsgo
I'm long GBPUSD. Watching to see if it will head through resistance. {image}
Yep...that trade ticks all the boxes....if I didn't hate GU so much I would probably have entered myself!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,967
  • Jun 17, 2013 12:56am Jun 17, 2013 12:56am
Quoting realjumper
{quote} Yep...that trade ticks all the boxes....if I didn't hate GU so much I would probably have entered myself!
You never know, perhaps Carney will soon do wonders for GU
  • #14,968
  • Jun 17, 2013 12:58am Jun 17, 2013 12:58am
Quoting Autobotsgo
{quote} You never know, perhaps Carney will soon do wonders for GU
He certainly comes with a great CV, so you might be right!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,969
  • Jun 17, 2013 1:13am Jun 17, 2013 1:13am
Sometimes I really think that the market is out to get me I'm having a bad beat... I realize I traded against the m15 arrow, but I thought stoch was okay to short...
Attached Image (click to enlarge)
Click to Enlarge Name: EU1.png Size: 69 KB
  • #14,970
  • Jun 17, 2013 1:16am Jun 17, 2013 1:16am
Quoting WDays
Sometimes I really think that the market is out to get me I'm having a bad beat... I realize I traded against the m15 arrow, but I thought stoch was okay to short... {image}

.... and you probably wouldn't want to hear it was against the 1Hr stoch
.... laughing all the way to the bank
  • #14,971
  • Jun 17, 2013 1:20am Jun 17, 2013 1:20am
Quoting itsallover
{quote} .... and you probably wouldn't want to hear it was against the 1Hr stoch
Technically 1HR stoch was simply OS when I took it
  • #14,972
  • Jun 17, 2013 1:20am Jun 17, 2013 1:20am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting WDays
Sometimes I really think that the market is out to get me I'm having a bad beat... I realize I traded against the m15 arrow, but I thought stoch was okay to short... {image}
Nor that I scalped +12 pips going up......hey, it might be your cash I got..........just trying to cheer you up. My stoch was turning up and I waited for M5 to do the same.
  • #14,973
  • Jun 17, 2013 1:21am Jun 17, 2013 1:21am
Quoting WDays
Sometimes I really think that the market is out to get me I'm having a bad beat... I realize I traded against the m15 arrow, but I thought stoch was okay to short... {image}
A little bit unlucky there, but having said that, if you have a quick look at the H1 chart, which I do as I sit down with a coffee at the start of the day, you can see that EU is pretty bullish, so shorts have to be considered CT trades and as such, are a little risky.

Quite why EU is bullish is open to debate, but personally, for the moment I'm a reluctant to trade that pair.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,974
  • Jun 17, 2013 1:23am Jun 17, 2013 1:23am
Quoting realjumper
{quote} He certainly comes with a great CV, so you might be right!!
History would say central bankers only have the potential to mess things things up, not "fix" things.

Carney's no different, just remember what the financial world thought of Greenspan during his reign, and the opinion now.

with US talking of "tapering" and Abenomics bound to fail, Carney has few realistic options.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #14,975
  • Jun 17, 2013 1:25am Jun 17, 2013 1:25am
Quoting WDays
Sometimes I really think that the market is out to get me I'm having a bad beat... I realize I traded against the m15 arrow, but I thought stoch was okay to short... {image}
If it's any consolation, you weren't alone in taking that trade ... doh!
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #14,976
  • Jun 17, 2013 1:26am Jun 17, 2013 1:26am
Quoting Jamz
{quote} Nor that I scalped +12 pips going up......hey, it might be your cash I got..........just trying to cheer you up. My stoch was turning up and I waited for M5 to do the same.
That doesn't upset me I'm happy that at least someone profited

Quoting realjumper
{quote} A little bit unlucky there, but having said that, if you have a quick look at the H1 chart, which I do as I sit down with a coffee at the start of the day, you can see that EU is pretty bullish, so shorts have to be considered CT trades and as such, are a little risky. Quite why EU is bullish is open to debate, but personally, for the moment I'm a reluctant to trade that pair.
In my head EU was simply being choppy and was going all over the room

Quoting antantnz
{quote} If it's any consolation, you weren't alone in taking that trade ... doh!
Do I brofist u now, or later?
  • #14,977
  • Jun 17, 2013 1:26am Jun 17, 2013 1:26am
Quoting WDays
{quote} Technically 1HR stoch was simply OS when I took it


..... now we're grasping at straws... .... we all know stochs can stay in extreme regions longer than you can stay solvent
.... laughing all the way to the bank
  • #14,978
  • Jun 17, 2013 1:26am Jun 17, 2013 1:26am
WDays, I took the same !
  • #14,979
  • Jun 17, 2013 1:28am Jun 17, 2013 1:28am
Quoting Martyfish
{quote} History would say central bankers only have the potential to mess things things up, not "fix" things. Carney's no different, just remember what the financial world thought of Greenspan during his reign, and the opinion now. with US talking of "tapering" and Abenomics bound to fail, Carney has few realistic options.
Well yeah...good points Marty...especially about Abenomics, which I think could easily turn into a catastrophe. Carney doesn't seem to have made a big mess in Canada (as far as I know) but his new job is going to be a hell of a challenge!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,980
  • Jun 17, 2013 1:28am Jun 17, 2013 1:28am
Quoting itsallover
{quote} ..... now we're grasping at straws... .... we all know stochs can stay in extreme regions longer than you can stay solvent
Exactly why I shorted, it could have stayed OS until my target was hit THEN came up Also why I don't pay that close attention to H1 stoch (I still do check it out in case it's rising or falling..)

Quoting Marviin
WDays, I took the same !
I feel less alone now
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