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Genesis Matrix Trading

  • #15,381
  • Jun 24, 2013 5:57am Jun 24, 2013 5:57am
Quoting WDays
The second I go on demo I win {image}
Fantasic CT WD!. To the pip!
.... laughing all the way to the bank
  • #15,382
  • Edited 6:51am Jun 24, 2013 6:01am | Edited 6:51am
Quoting WDays
The second I go on demo I win {image}
.... I need you to correct something WD.... you won as soon as you placed a ... what is that I see there... no surely it can't be.... a 1Hr stoch!!!!!!
.... laughing all the way to the bank
  • #15,383
  • Jun 24, 2013 6:09am Jun 24, 2013 6:09am
Quoting itsallover
{quote} Fantasic CT WD!. To the pip!

Thanks

Quoting itsallover
{quote} .... I need you to correct a something WD.... you won as soon as you placed a ... what is that I see there... no surely it can't be.... a 1Hr stoch!!!!!!
Yeah, yeah no need to rub it in I do admit, though... Good to have it on there
  • #15,384
  • Jun 24, 2013 6:14am Jun 24, 2013 6:14am
Quoting WDays
{quote} Thanks {quote} Yeah, yeah no need to rub it in I do admit, though... Good to have it on there
.... but I'm only just getting started .... lol....

..... the 1Hr stoch saved me from taking an AU short .... everything almost checks out apart from the 1Hr stoch which is indicating a long....
.... laughing all the way to the bank
  • #15,385
  • Jun 24, 2013 6:21am Jun 24, 2013 6:21am
Quoting itsallover
{quote} .... but I'm only just getting started .... lol.... ..... the 1Hr stoch saved me from taking an AU short .... everything almost checks out apart from the 1Hr stoch which is indicating a long....
Yes I'm seeing it Well I'm only taking a short if I see a m15 arrow... so far I can't see anything worthwhile.. H1 stoch CAN return to OS, while price is driven down, that's not exactly what's keeping me from entering... It's DS1 being so close that's scaring me out of any trades...
  • #15,386
  • Jun 24, 2013 6:22am Jun 24, 2013 6:22am
Quoting Autobotsgo
{quote} Congratulations Managed to make a bunch of fantastic trades today but allowed my poor stops spoil them (e.g. moving to BE too soon) - would have been 300pips or so . I think that consistently managing stops is my final hurdle. Despite my best efforts, I did allow a USDJPY short to escape my stops for 52 pips {image}
Nice one Auto..... just work on your stops now...
.... laughing all the way to the bank
  • #15,387
  • Jun 24, 2013 6:23am Jun 24, 2013 6:23am
Quoting WDays
{quote} Yes I'm seeing it Well I'm only taking a short if I see a m15 arrow... so far I can't see anything worthwhile..
Yes nothing to trade . I missed that bounce off the pivot on EJ.
.... laughing all the way to the bank
  • #15,388
  • Jun 24, 2013 7:14am Jun 24, 2013 7:14am
Quoting itsallover
{quote} Yes nothing to trade . I missed that bounce off the pivot on EJ.
Could maybe start looking for a few shorts

god damn EU.... >.>
  • #15,389
  • Jun 24, 2013 7:17am Jun 24, 2013 7:17am
Quoting WDays
{quote} Could maybe start looking for a few shorts

... yep.... things are looking up.... .....
.... laughing all the way to the bank
  • #15,390
  • Jun 24, 2013 7:19am Jun 24, 2013 7:19am
EU has broken out of all the chop today
  • #15,391
  • Jun 24, 2013 7:27am Jun 24, 2013 7:27am
Quoting realjumper
In case you missed what I said before, I will be trading M15 for 4 weeks and posting the results at the end of the test. I will post trades as and when I can. Here is my first, and yes, it is in mid Tokyo session but the trend is down and this is the first M15 signal on EU. The lower stoch is #mtf30 btw..... {image}

@realjumper

Is there any reason/experience for taking mtf30 as the lower timeframe? (very close to mtf15: 2:1; less additional info)
Would 1h not makes more sense?
  • #15,392
  • Jun 24, 2013 7:36am Jun 24, 2013 7:36am
after a lot of patience +43 pips on eu:
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 43 KB
There`s no life before COFFEE!
  • #15,393
  • Jun 24, 2013 7:40am Jun 24, 2013 7:40am
Quoting jalkok
after a lot of patience +43 pips on eu: {image}
Good for you.. that was also my target but I got stopped out ages ago :/ anyway nice that you held onto it which makes me wonder, where the hell was your SL at, so that you didnt get sl'd at the news spike...?
  • #15,394
  • Jun 24, 2013 7:44am Jun 24, 2013 7:44am
Quoting joker24
{quote} @realjumper Is there any reason/experience for taking mtf30 as the lower timeframe? (very close to mtf15: 2:1; less additional info) Would 1h not makes more sense?
Well using that logic, I may as well use the H4 stoch and that way I'll get even more info!!!

There seems to be a bit of a 'feeding frenzy' going here about the H1 stoch....but how many here have actually tested this for any length of time? I know Marty uses it and tonight I see that lastingwell uses it, but to me, it is untested.

The whole reason we began using the M15 stoch on the M5 chart is because previously, the H1 was used on the M5....creating 60-5 method......not here, but on the Symphonie thread. When we came up with the 15-5 method, we realised that in anything other than a strong trend the 60 -5 method would slaughter the trader because the difference was too great between 5 and 60. The closest was the 15 so we used that......and you can read all about it in the PDF that Wiz3003 published on the subject.

So....I am simply applying the same logic that we used previously......that being that the M30 is the next available TF to use. It could be that the H1 is better......but I will never know if I don't test it to find out! So.....I'm testing the M30 with the M15 and after 4 weeks I will know the answer. Then I will do it again with the H1. That is the way we arrive at the best settings......not by blind faith!!

Just before I started typing this I entered 2 trades, one on EU and one on EA.....I'll post the charts in a moment.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #15,395
  • Jun 24, 2013 7:48am Jun 24, 2013 7:48am
Quoting WDays
{quote} Good for you.. that was also my target but I got stopped out ages ago :/ anyway nice that you held onto it which makes me wonder, where the hell was your SL at, so that you didnt get sl'd at the news spike...?
I entered at 1.3060 (and there was no news???) red vertical line and out at green vertical line. SL 1.31142
There`s no life before COFFEE!
  • #15,396
  • Jun 24, 2013 7:54am Jun 24, 2013 7:54am
Here's the charts....a bit late...sorry....I had to get off the thread to concentrate as NY came online....

EU close for +28

EA closed at +76 as it can't break the daily low....and I want the 76 in my pocket.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eam15.jpg Size: 141 KB
Click to Enlarge Name: eum15.jpg Size: 193 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #15,397
  • Jun 24, 2013 7:54am Jun 24, 2013 7:54am
Quoting realjumper
{quote} Well using that logic, I may as well use the H4 stoch and that way I'll get even more info!!! There seems to be a bit of a 'feeding frenzy' going here about the H1 stoch....but how many here have actually tested this for any length of time? I know Marty uses it and tonight I see that lastingwell uses it, but to me, it is untested. The whole reason we began using the M15 stoch on the M5 chart is because previously, the H1 was used on the M5....creating 60-5 method......not here, but on the Symphonie thread. When we came up with the 15-5...
To me it's like this, the h1 stoch stays OB longer, because it takes more time and a bigger move to create an hourly trend... My interpretation of the 5-60 method is to just trade in the direction of the hourly trend...and to avoid the pair simply if the move is sideways and not up or down. No hourly stochs involved. Just 5 and 15. However I did notice lately, that whenever I am re-entering based on m5+m15 (the way genesis is meant to be traded), sometimes h1 is already moving out of the extremities... So technically I am going counter the new trend...

If you look at my EA trade, all three stox were falling from OB... then when it reached my target, the move died down a little, but the hourly stoch was still falling... A few hours later, there was a pullback to the daily pivot and then a drop to the daily support... I personally am beginning to acknowledge the use of h1 stochs as an addition to the regular 5-15 method... Just for some of those trades.

It is still way more important to me to actually get an arrow on m15... Because when I carefully analyse my charts, I can see MTF arrows and all signals going opposite of the arrows have been fakeys. So it should be enough to trade with m15...
  • #15,398
  • Jun 24, 2013 7:56am Jun 24, 2013 7:56am
I know exactly what you mean but I have forward tested the H1 stoch, backtested it....even sideways tested it lol and I would rather use that than anything else. I don't use the arrows from H1 because I find them too slow but the stoch is very quick to react.

Quoting realjumper
{quote} Well using that logic, I may as well use the H4 stoch and that way I'll get even more info!!! There seems to be a bit of a 'feeding frenzy' going here about the H1 stoch....but how many here have actually tested this for any length of time? I know Marty uses it and tonight I see that lastingwell uses it, but to me, it is untested. The whole reason we began using the M15 stoch on the M5 chart is because previously, the H1 was used on the M5....creating 60-5 method......not here, but on the Symphonie thread. When we came up with the 15-5...
  • #15,399
  • Jun 24, 2013 8:03am Jun 24, 2013 8:03am
Quoting WDays
{quote} To me it's like this, the h1 stoch stays OB longer, because it takes more time and a bigger move to create an hourly trend... My interpretation of the 5-60 method is to just trade in the direction of the hourly trend...and to avoid the pair simply if the move is sideways and not up or down. No hourly stochs involved. Just 5 and 15. However I did notice lately, that whenever I am re-entering based on m5+m15 (the way genesis is meant to be traded), sometimes h1 is already moving out of the extremities... So technically I am going counter the...
As I just said....we have been right through the 60 - 5 method in the symphonie thread. Yelena is the originator of that method.....not Evaluator as he will tell you. We have been blessed by good trends this year, and the 60 - 5 method would be fine.....but....in anything other than a strong trend....as I just said....the trader will get slaughtered. Olivia, Cody, Wiz3003 and I have spent considerable time testing this......4 moths worth of testing in fact.

I'm not saying that it doesn't work.....I am saying that in anything other than a strong trend, the difference between 60 and 5 is too great and the trader will lose.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #15,400
  • Jun 24, 2013 8:04am Jun 24, 2013 8:04am
Quoting lastingwell
I know exactly what you mean but I have forward tested the H1 stoch, backtested it....even sideways tested it lol and I would rather use that than anything else. I don't use the arrows from H1 because I find them too slow but the stoch is very quick to react. {quote}
See above post
Doing what you like is Freedom. Liking what you do is Happiness.
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