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Genesis Matrix Trading

  • #15,281
  • Jun 21, 2013 8:47am Jun 21, 2013 8:47am
Quoting kosmo
{quote} Congratulations on your fatherhood, jurtzi I totally understand what you mean by saying 'the pressure of having to be profitable soon'. It is such a blind alley! I've been guilty of playing with high leverage before, just to get badly burnt. Oh well, as RJ says, sometimes we won't learn until we make a mistake ourselves. No matter how much you read, theory can't compete with experience and the pain of loss. I believe trading is about developing the right habits, and that certainly requires working on oneself. And it won't happen...
Thanks Jo, after today's "spring cleaning" done in summer (well if you call this UK weather summer) made 103 pips taking those two "downs" in EJ, so sun is shining for me
Good judgement comes from experience, experience comes from poor judgement
  • #15,282
  • Jun 21, 2013 8:57am Jun 21, 2013 8:57am
Quoting jurtzi
{quote} Thanks Jo, after today's "spring cleaning" done in summer (well if you call this UK weather summer) made 103 pips taking those two "downs" in EJ, so sun is shining for me
That's a great result, well done I've taken +41 on GU short, so I'm happy too

and don't even get me started on UK summers!
mind over matter
  • #15,283
  • Jun 21, 2013 9:32am Jun 21, 2013 9:32am
Quoting kosmo
{quote} That's a great result, well done I've taken +41 on GU short, so I'm happy too ...

... and closer to your green Bugatti, like Tamara de Lempicka's
Good judgement comes from experience, experience comes from poor judgement
  • #15,284
  • Edited 9:57am Jun 21, 2013 9:43am | Edited 9:57am
Nice turn off the pivot in EJ

http://charts.mql5.com/1/858/eurjpy-...rectdealer.png
Trend trade EU after the S1 re-test or second bounce failed.
http://charts.mql5.com/1/858/eurusd-...rectdealer.png
Small disciplines repeated with consistency lead to great achievements.
  • #15,285
  • Jun 21, 2013 9:51am Jun 21, 2013 9:51am
Quoting thomasK
{quote} I have mentioned that I trade only indices (yesterday dow went more than 300 pips straight down, extremely hard to trade it ), but out of respect to this thread I will attach a UJ chart (nothing to do with me) just to make my comments clear. If you ask me what do you trade M5 or M15? I will reply M5. But someone could call it M15. Let us see why: Looking at my tempate you see: 1. M5 matrix 2. Three arrows (M5, M15, M30). As I said before it is not (for me) critical to wait for all of them to close. Even if they are alligned for at...

Very interesting Thomas thank you for the post I think it will help a lot of people that are struggling with their signals. One question that comes to mind. Usually at the start of a move I would think the last indicator to turn the colour you want would be the H1 arrow (most times) if everything else is for instance red then the H1 arrow turns red would you go in when that happens or would you wait for a new signal on the matrix first.

EDIT Sorry I meant to say the M30 arrow.

By the way it worked really well on EJ and AJ a little while ago, I'm testing it out
  • #15,286
  • Jun 21, 2013 10:13am Jun 21, 2013 10:13am
Quoting lastingwell
{quote} Very interesting Thomas thank you for the post I think it will help a lot of people that are struggling with their signals. One question that comes to mind. Usually at the start of a move I would think the last indicator to turn the colour you want would be the H1 arrow (most times) if everything else is for instance red then the H1 arrow turns red would you go in when that happens or would you wait for a new signal on the matrix first.
Nice question!
As I mentioned I want to have fast entries. Fast but (relatively) safe.
That is why I do not use the H1 arrow as many here do. Had I used it the correct approach would be to wait for the next M5 signal since the H1 arrow usually appears too late considering the initial signal.
Since I want to be "in touch" with the H1 time frame, I did a compromise.
I use the three arrows (M5,M15 and M30) AND H1 stoch.
The M30 arrow appears many times almost together with the M15 arrow when we are going to have a significant move.
So I do not have serious delay problems with it. Moreover in ranging or "dead" periods it is usually opposite to the M15 arrow keeping us out from small false moves.
At the same time I keep in touch with H1 not via the slow H1 arrow but via the much faster H1 stoch.

So according to the above logic I will enter at a closed M5 candlle when all boxes align no matter which their order is.
Be carefull though to what I wrote in post 15,253.
Not every signal is a blind entry!
Enter Signature
  • #15,287
  • Jun 21, 2013 10:19am Jun 21, 2013 10:19am
Quoting thomasK
{quote} Nice question! As I mentioned I want to have fast entries. Fast but (relatively) safe. That is why I do not use the H1 arrow as many here do. Had I used it the correct approach would be to wait for the next M5 signal since the H1 arrow usually appears too late considering the initial signal. Since I want to be "in touch" with the H1 time frame, I did a compromise. I use the three arrows (M5,M15 and M30) AND H1 stoch. The M30 arrow appears many times almost together with the M15 arrow when we are going to have a significant move. So I do...
Understood thanks for that answer

I was just thinking also that the other day martyfish said in this post http://www.forexfactory.com/showthre...09#post6757109
Quote
I never trade against M30 arrows and H1 stoch
  • #15,288
  • Jun 21, 2013 10:34am Jun 21, 2013 10:34am
Quoting jurtzi
{quote} ... and closer to your green Bugatti, like Tamara de Lempicka's
...one day, jurtzi, one day... I can see you're well-versed in Art Deco
mind over matter
  • #15,289
  • Jun 21, 2013 10:41am Jun 21, 2013 10:41am
This is good!
As I said, I do not know how to post charts, nor how to write notes on them (perhaps someone can point me in the right direction?). Apologies.
But look at GU today and see that little Genesis signal and down arrow just before the down break-out both this morning and this afternoon! Perfect. I would have entered those with my systems anyway, but the Genesis signal was a great confirmation.
EJ was another good example (morning and afternoon). Great opportunities on EU, too. Less so on UJ.
DAX was also good, but the signal came at a time when I usually do not trade. I made my target with my systems, though, so can’t complaint.
This Genesis rocks!

Thomask, can’t say anything on the DOW today as my OB (opportunistic b…..roker) has a 20 minutes gap in data at the beginning of NY open, so the chart is useless. One more reason for me to look suspiciously at MT4 and its brokers, especially for non FX stuff. But I will persevere!
Interesting development on your explanation of how you use the indicators. Thanks for sharing.
  • #15,290
  • Jun 21, 2013 10:58am Jun 21, 2013 10:58am
Quoting thomasK
{quote} I have mentioned that I trade only indices (yesterday dow went more than 300 pips straight down, extremely hard to trade it ), but out of respect to this thread I will attach a UJ chart (nothing to do with me) just to make my comments clear. If you ask me what do you trade M5 or M15? I will reply M5. But someone could call it M15. Let us see why: Looking at my tempate you see: 1. M5 matrix 2. Three arrows (M5, M15, M30). As I said before it is not (for me) critical to wait for all of them to close. Even if they are alligned for at...
Thanks for sharing....
Failure leads to Success if one learns from mistakes and never give up
  • #15,291
  • Jun 21, 2013 11:14am Jun 21, 2013 11:14am
Came in and saw my EJ trade on M15 reached the target

Attached Image


Why my tp was not on S1?
I put my target on the yesterday low. Just for info.
  • #15,292
  • Jun 21, 2013 11:30am Jun 21, 2013 11:30am
An example of why not to move your SL too soon... like myself today...

Next time, SL to BE after 20 pips, and trailing along the most recent high/low until the market kicks me out. Learning, learning...
Attached Image (click to enlarge)
Click to Enlarge Name: gu2106a.png Size: 67 KB
mind over matter
  • #15,293
  • Jun 21, 2013 11:34am Jun 21, 2013 11:34am
Quoting Fame of me
Came in and saw my EJ trade on M15 reached the target {image} Why my tp was not on S1? I put my target on the yesterday low. Just for info.
Another good lesson, Fame. Thanks!
mind over matter
  • #15,294
  • Jun 21, 2013 11:56am Jun 21, 2013 11:56am
Quoting thomasK
{quote} Nice question! As I mentioned I want to have fast entries. Fast but (relatively) safe. That is why I do not use the H1 arrow as many here do. Had I used it the correct approach would be to wait for the next M5 signal since the H1 arrow usually appears too late considering the initial signal. Since I want to be "in touch" with the H1 time frame, I did a compromise. I use the three arrows (M5,M15 and M30) AND H1 stoch. The M30 arrow appears many times almost together with the M15 arrow when we are going to have a significant move. So I do...
Very interesting analysis, thomasK. Thank you sharing
mind over matter
  • #15,295
  • Jun 21, 2013 12:10pm Jun 21, 2013 12:10pm
Genesis team,

Trialled your system all day today and picked up the nice down trend on EUR/AUD. Looked juicy as it put in a top around 2 am GMT+1 this morning and then the 5M chart just looked great off each bounce down so this was my pair today which held it's descending trend line excellently and allowed for a nice build up of positions. The Genesis Matrix gave excellent entry signals all the way down locking in the 4 trades for 134 pips profit.

Cheers for the system and for sharing with everyone. Looking forward to getting more into it next week, and also great job on your information and PDF files.

Cheers and well done.

P.S Excuse my terrible writing on Paint for the image attached!

Six
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-m5-hf-markets-ltd-3.png Size: 47 KB
  • #15,296
  • Jun 21, 2013 12:20pm Jun 21, 2013 12:20pm
Hello traders, I never write in this thread, but I always see him closely, today was an interesting day, I wanted to publish the shops I had in the American time
Attached Image (click to enlarge)
Click to Enlarge Name: 21.06.2013 trades genesis.jpg Size: 1.7 MB
  • #15,297
  • Jun 21, 2013 2:11pm Jun 21, 2013 2:11pm
Quoting Fame of me
Came in and saw my EJ trade on M15 reached the target {image} Why my tp was not on S1? I put my target on the yesterday low. Just for info.

Snap I did the same thing.
  • #15,298
  • Jun 21, 2013 2:46pm Jun 21, 2013 2:46pm
Quoting lastingwell
{quote} Snap I did the same thing.
  • #15,299
  • Jun 21, 2013 3:02pm Jun 21, 2013 3:02pm
Quoting realjumper
{quote} From Aussie to Europe......out of the fry pan and into the fire!!!....... Yep....all good here too thanks. Got no outstanding bills, a roof over my head, food in the cupboard and money in the bank, enough for a cup of coffee anyway ....so all is well over here......I can't complain, but sometimes I still do

Hehe, good good...

I always complain
  • #15,300
  • Jun 21, 2013 3:49pm Jun 21, 2013 3:49pm
Thanks Kosmo

Have a great weekend everybody!
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