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Genesis Matrix Trading

  • #15,461
  • Jun 25, 2013 2:21am Jun 25, 2013 2:21am
Quoting itsallover
Can we have some live trades people? I will post mine and appreciate if more of you do so. It will certainly be good to see what reasons people give before taking a trade.
Of course as soon as I find something that's not choppy...
  • #15,462
  • Jun 25, 2013 2:21am Jun 25, 2013 2:21am
Quoting ericjschroed
{quote} Never said that. I thought it would be obvious who the idiots are, and I'm pretty sure that martyfish and itallover were not sending nasty PMs to RJ about the H1 stoch.
.... nasty pms about the 1Hr stoch? .... I'd just send the mafia ......
.... laughing all the way to the bank
  • #15,463
  • Jun 25, 2013 2:23am Jun 25, 2013 2:23am
Quoting jinchu
{quote} Short GJ after bounce off DP {image}
That's against the m15 arrows so no shorts for me If u did target the RN then it's all good I guess
  • #15,464
  • Jun 25, 2013 2:31am Jun 25, 2013 2:31am
Hey everyone

RJ you are my man , I have learnt everything from this thread & from you and it doesn't matter what people say because i trust you and your judgement

I know I am a newbie but still what I have understood from this thread is the reason why we are using 5-15 TF is because the smaller time frames are the first which reacts to the change.

People who think they should use H1 Stochs as well must consider how long H1 stoch can remain OB/OS, we all have experienced that

So still if someone wants to do this , go backtest it, share the results and then discuss, without results you are creating confusion among several newcomers
In Love with Genesis
  • #15,465
  • Jun 25, 2013 2:35am Jun 25, 2013 2:35am
My AU long. Bounce off DP.Wasn't very happy with the 5Min stoch but as there's nothing between the DP and Yesterdays High I thought I'd risk it. Also the 1Hr stoch confirms the trade and its above the MA60
Attached Image (click to enlarge)
Click to Enlarge Name: audusdm5.png Size: 38 KB
.... laughing all the way to the bank
  • #15,466
  • Jun 25, 2013 2:43am Jun 25, 2013 2:43am
Quoting jinchu
{quote} Short GJ after bounce off DP {image}
Hi, jinchu..can i have the stochastic indicator? i want the overbought (red) and oversold (blue) colour..thanks.
  • #15,467
  • Jun 25, 2013 2:48am Jun 25, 2013 2:48am
Hi Guys, here is a live trade.....i tend to watch the EUR/JPY. As a smallish move can generate a lot of pips...!!

Attached Image (click to enlarge)
Click to Enlarge Name: june 25 1.png Size: 264 KB


Wish me luck...I hope RJ can see us all keeping with this thread alive in his style and he will come back..!!!!!
Onwards and upwards...
  • #15,468
  • Jun 25, 2013 2:58am Jun 25, 2013 2:58am
Quoting SohaibKhan
Hey everyone RJ you are my man , I have learnt everything from this thread & from you and it doesn't matter what people say because i trust you and your judgement I know I am a newbie but still what I have understood from this thread is the reason why we are using 5-15 TF is because the smaller time frames are the first which reacts to the change. People who think they should use H1 Stochs as well must consider how long H1 stoch can remain OB/OS, we all have experienced that So still if someone wants to do this , go backtest it, share the results...
Alright can we stop discussing this H1/M30 thing, it's starting to get counterproductive, don't you all agree..? I actually am testing the H1 stoch right now, not putting it on and completely changing my way of trading because it works fine for a few of the posters here... That is also part of the reason I went back to demoing. I will post trades as I take them, I have no problems doing that and I'd be happy to do it. The people who use the hourly stoch have done so for a while now and it's safe to say they've backtested, forward tested etc.

Frankly, I'm okay with just taking signals in the direction of the m15 arrow... I've been a big fan of correlations ever since I started, not that fond of MAs (except for analysing the slope) and I am trying to work on a method that kind of combines those few things.

And I am perfectly aware that stoch can remain OB/OS, I've said it myself a few hundred times now. I use it the exact same way I use the m15 stoch during a trend... It's not the light that guides me and makes my decisions for me... It's just there to help when we're dealing with a prolonged trend. I will post screenshots as I find such setups, to show you exactly what I mean.

In the meantime, here's another EA trade I took... we've got the M15 ASCItrend down arrow, m15 stoch was falling previously (it's a re-entry trade), break and re-test of pivot, same thing happened on AU (very strong negative correlation) + the matrix obviously.
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 34 KB
  • #15,469
  • Jun 25, 2013 3:01am Jun 25, 2013 3:01am
Quoting soccerfan
Hi Guys, here is a live trade.....i tend to watch the EUR/JPY. As a smallish move can generate a lot of pips...!! {image} Wish me luck...I hope RJ can see us all keeping with this thread alive in his style and he will come back..!!!!!

Good luck on your trade. RJ will be back .... he's appointed himself muppet eradicator so he'll be bored out of his skull if he doesn't come back
.... laughing all the way to the bank
  • #15,470
  • Jun 25, 2013 3:02am Jun 25, 2013 3:02am
Quoting itsallover
My AU long. Bounce off DP.Wasn't very happy with the 5Min stoch but as there's nothing between the DP and Yesterdays High I thought I'd risk it. Also the 1Hr stoch confirms the trade and its above the MA60 {image}
You took the exact same trade as me but on AU instead of EA (-94% correlation)
  • #15,471
  • Jun 25, 2013 3:03am Jun 25, 2013 3:03am
Quoting WDays
{quote} Alright can we stop discussing this H1/M30 thing, it's starting to get counterproductive, don't you all agree..? I actually am testing the H1 stoch right now, not putting it on and completely changing my way of trading because it works fine for a few of the posters here... That is also part of the reason I went back to demoing. I will post trades as I take them, I have no problems doing that and I'd be happy to do it. The people who use the hourly stoch have done so for a while now and it's safe to say they've backtested, forward tested...

..... nice one WD. Are you still keeping your journal?
.... laughing all the way to the bank
  • #15,472
  • Jun 25, 2013 3:05am Jun 25, 2013 3:05am
Quoting WDays
{quote} You took the exact same trade as me but on AU instead of EA (-94% correlation)
I'd love to trade EA but my broker spreads are too high. Will move brokers soon. AU is strugglling to reach its Yesterday High though
.... laughing all the way to the bank
  • #15,473
  • Jun 25, 2013 3:09am Jun 25, 2013 3:09am
One more entry for me, on UJ this time. I messed up a little, because I had the m15 arrow on my screen and then it just disappeared, so entry wasn't supposed to be this early, but who cares if it works out
Attached Image (click to enlarge)
Click to Enlarge Name: UJ.png Size: 99 KB
  • #15,474
  • Jun 25, 2013 3:11am Jun 25, 2013 3:11am
Quoting WDays
One more entry for me, on UJ this time. I messed up a little, because I had the m15 arrow on my screen and then it just disappeared, so entry wasn't supposed to be this early, but who cares if it works out {image}

.... your stochs are on the floor so take care....
.... laughing all the way to the bank
  • #15,475
  • Jun 25, 2013 3:12am Jun 25, 2013 3:12am
Quoting itsallover
{quote} I'd love to trade EA but my broker spreads are too high. Will move brokers soon. AU is strugglling to reach its Yesterday High though
4 pips here.... I desperately need to move but I keep saying to myself "later on"... And yep, EA struggling a little too I'm exiting at 30ish

Quoting itsallover
{quote} ..... nice one WD. Are you still keeping your journal?

Thanks, yes, with screenshots and everything
  • #15,476
  • Jun 25, 2013 3:13am Jun 25, 2013 3:13am
Quoting WDays
One more entry for me, on UJ this time. I messed up a little, because I had the m15 arrow on my screen and then it just disappeared, so entry wasn't supposed to be this early, but who cares if it works out {image}
SL is at b/e.. just in case.

and EA is locked at 20 pips
  • #15,477
  • Jun 25, 2013 3:14am Jun 25, 2013 3:14am
Quoting WDays
{quote} 4 pips here.... I desperately need to move but I keep saying to myself "later on"... And yep, EA struggling a little too I'm exiting at 30ish {quote} Thanks, yes, with screenshots and everything
I've exited my AU too ... a bit premature but I never liked the stochs when I took the trade and PA is stalling. The stochs are too high.
.... laughing all the way to the bank
  • #15,478
  • Jun 25, 2013 3:23am Jun 25, 2013 3:23am
Quoting Gold Miner
{quote} Hi, jinchu..can i have the stochastic indicator? i want the overbought (red) and oversold (blue) colour..thanks.
attached stoch that change color at OB and OS
Attached File(s)
File Type: mq4 Color Stochastic.mq4   5 KB | 567 downloads
Failure leads to Success if one learns from mistakes and never give up
  • #15,479
  • Jun 25, 2013 3:26am Jun 25, 2013 3:26am
So, stopped at b/e +1,5 on my UJ trade and closed EA manually because it began to stall.
  • #15,480
  • Jun 25, 2013 3:27am Jun 25, 2013 3:27am
Quoting WDays
So, stopped at b/e on my UJ trade and closed EA manually because it began to stall.

Good going WD... no losses
.... laughing all the way to the bank
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