Genesis Matrix Trading

Lots of great posts last week everybody.

EDIT. For any newcomers it would seem to appear, at first glance, that the GMTS Dash indie is not included in the zip file but it does appear in the MT4 list of custom indicators. At least this was my experience so if you're looking for it try your MT4 indicator list... I may just be speaking out loud here but thought I would share in case anyone else runs into this and to save Xaphod and others the question.

Thanks again everybody.

-P

Double-face day ... almost flat in the morning and roller cost in the afternoon.
Following posts with my daily trades.... Thank you Genesis

Today Trade #1 : EJ short + 86 pips.

Today Trade #2 : UJ short +66 pips.

Today Trade #3 : GJ short +25 pips.

Thanks for posting RJ and fingers crossed for further testing!

Impressive trades Wiz!

A lucky day kosmo ;-)

Thank you Xaphod,
I re-read your algorithm and now everything is clear. I verified the tape with my broker data feed and it works good.

ciao

wiz

Awesome trades Wiz!! So nice to finally be able to see the trades soon after the fact and look at my charts. This will help me put things together. Thanks for posting and keep the charts coming people

Hi RJ,

I assume when you get back to this thread things may be a little tense so please ignore my minor question if you like I'm currently setting up my charts with some of the additional indicators from Xaphod's thread to be similar to yours and Marty's....

The last charts you posted of the M15 TF show the ASCTrend4TF Matrix at M15, M30, H1, and H4. It seems that you are not using the autotimeframe option. Can you confirm if these are the settings you use for the 5M charts as well?

For anyone wondering on how to change the TFs in the ASCTrend Matrix see post #6 in Xaphods indi thread for the settings. The numbers will have to be entered manually where, by default, zeros are in the 'TimeFrameX.Period' Fields under 'Inputs' on the indicator. HTH.

Looking forward to your 15M results RJ. Many green pips

-P

Tokyo is looking very flat so far.

JPY crosses seem to be in play....

Sometimes when there's enough buyers the fact that it is close to a resistance means very little. It all depends on the strength that a currency has. I've been trading without taking this into account for the past few weeks (ever since I went back on live), even though when I demoed I was zealously respecting my one rule "not to trade equally strong(or weak) currencies", and I realize now that nothing is more important than being able to make the right choice when picking the pair you are going to take a trade on.
I monitor most (all major) jpy crosses and also aussie dollar crosses. On the side I have EU which I follow together with UF (simply because of the - correlation) and GU completely apart.
When I asked earlier today what had made the jpy crosses drop, I realized (thanks to RJ's post) that it didn't matter what made them drop, but that they did in fact drop. Which meant a strong yen, from here on out I merely had to pick another currency that is being sold off (using the same method, pretty much), and pair it against the yen. Of course, you can also simply check out the CSM provided in post #1, as it does the job for you and is more visual.
I almost got frustrated when I took the last 5 to 10 genesis signals... textbook signals on EU (among others) and trades simply did not work... And I began to suspect that it is because I pair currencies that are equally strong (or weak), and guess what I was right. Doesn't matter the reason, the point is that the people are buying the euro... Once again, I have RJ to thank for opening my eyes to that.

Glad you're enjoying my posts and charts, keep in mind I am still very new and not very confident (if confident at all)... Which is why I try never to affirm something, even if I am pretty darn sure about what I am saying. I like it better when any of the more experienced traders can correct me at any time.

People are interesting creatures, as I'm sure you'll agree. Some people just accept things the way they are for some reason whether it be complacency, laziness or blind faith or whatever. Some people like to investigate, test, question etc etc in order to understand the very reason why things are the way they are. I fall into the latter category, probably because my father was an aircraft engineer and my Mum was a nurse. I was the little boy who pulled apart his toy train the day after Christmas in order to see how it worked.....and yes...I did put it back together again.

The point is this.....2 people have said that they use the H1 stoch on their M5 charts with considerable success, and I have no reason to doubt them. However, I cannot simply accept that that the H1 stoch is the 'best thing since sliced bread' without testing it or seeing tests that have been conducted over a decent period of time. Some of you just accept it and throw it on your charts and happily put your money on the line without giving it a second thought. If it works....great. If not.....those same people will throw something else on their charts and risk their money with that etc etc. I've seen it a thousand times before and at the end of the day, really I couldn't care less. They say that a fool and his money are easily parted!

I post 'live' trades here from time to time. Sometimes I lose a trade....I lost one yesterday. Sometimes I have to take a manual exit at BE....sometimes I can show you a decent 'win' by manually trailing my trades until I get knocked out in a decent profit or I reach my target.

Who else here has EVER posted even 1 'live' trade? That's right, in nearly 12 months and more than 15,000 posts, no one other than me has posted any 'live' trades. It's not easy to do, especially as I depend on my trades to keep food on the table, and it sometimes comes at a personal cost of missing another opportunity because I'm posting and not looking for a new trade to add to my existing trade. That's the price I pay sometimes, and I'm ok with that.

I know how people like to sit back and watch a 'live' trade on the small TF's because they are concluded in a matter of minutes or hours, but certainly in that day......but no one other than me does it, yet we have a lot of armchair experts and critics here. Plenty seem to be able to 'talk the talk'.....different story when it comes to 'walking the walk' though isn't it?

I was going to post the majority of my M15 test as 'live' trades for the next 4 weeks, as time allows, so that we could all watch and learn together. I chose to use the M30 stcoh for reasons that I have explained previously, yet, for the very first trade...lol....the FIRST trade in 4 weeks of testing.....I get to field a barrage of questions, developing into (almost) arguments as to why I should be using the H1 stoch!!! Not only do I receive many posts of the like, I also receive PM's and emails!!....Unbelievable!!!

Let me be absolutely crystal clear here......This test is something that I decided to do FOR ME. I'm not doing it for you.....I want to know the results of M15 trading with the M30 stoch and I will share the results with you...both in the 'live' trading and in the analysis and conclusion at the end pf the 4 weeks of trading. You don't get to tell me what to do, or how to run my own tests.

It might have been more helpful if you had said something like 'Hey RJ....I'll help you out, you test with M30 stoch and I'll do the test too but I'll use the H1 stoch and we can compare data in 4 weeks time.' But no.....most of you don't want to actually do anything to help out, most of you 'armchair experts' just want to reap the rewards of someone else's efforts. You might even be able to throw in some criticism as well......but remember this.....only fools and politicians criticise a half finished job......and I'm sure that we don't have any politicians in the house.

It's easy to sit back and post 'after the fact' trades and never have to 'walk the walk' isn't it?

It's easy to sit back and let someone else do the testing and you just enjoy the results...for free isn't it? No effort required.

So that's it for me.....I don't need this distraction and I don't need this aggravation. I'm a reasonable trader and there is nothing much for me here. I can probably do better if I don't have to come here and deal with this crap every day. I have given thousands of hours to you all here and I am not going to give any more.....especially when I see a group of vocal critics who have the audacity to tell me how to run my own tests, yet can't even post a 'live' trade of their own, let alone actually roll up their sleeves and help out.

So go throw all sorts of indicators at your charts.....do whatever you want...I don't care any more.

RJ,

I, and the vast majority of readers, have appreciated immensely the work that you have put in to this thread.

If it is interrupting your trading then I can understand where you are coming from. Everything that has been shared has been a gift. Thank you.

The end has come . That's good for you RJ.

We see us later.

@ all, good trading and have fun to mess the Thread.
bye bye

I've gone long EY.

Sorry it's come to this. I know you just want to help and I noticed you have a hard time saying "No" to the idiots, until it gets to this point where you are fed up. I would hit Delete and Boot much more often and quicker. I sure would like to see you here (when I finally finish reading the whole thing... <100 pages to go) but I understand that you have probably said everything MUCH more than once and if the system doesn't need improving, then well, there you are. You might want to give someone else the Power Of The Boot if you are not going to be here much. Thanks again.

Perhpas I was too hasty, but managed to eek out 27 pips from EY long.