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Genesis Matrix Trading

  • #15,521
  • Jun 25, 2013 5:18am Jun 25, 2013 5:18am
Quoting itsallover
{quote} ..... no I was talking about the first Genesis signals in both trades. The reasons I would not have taken them was because the stochs were not right. As far as I can see the trades were taken on the second signal.

The main reason I did NOT enter on the first signal on both trades is because the market was about to open which usually can create spikes, noise, large movements, etc.. I waited until AFTER the market opened to get a clear signal after it calms down a bit.

As you can see on my charts above that I previously posted there were two large spikes on both pairs right before market opened which would in fact have triggered my SL if I had of taken the first signal.

Hope this also clears it up?
  • #15,522
  • Jun 25, 2013 5:18am Jun 25, 2013 5:18am
Quoting jinchu
Hi Kelly, if you don't mind answering, Do you always trade in direction of M15 Arrow and H1 stoch? or just H1 Stoch? my GJ is still alive, target S1, finger crossed, but I am only on Demo but indeed your AU trade and Wdays EA are moving much faster Thanks
I feel I need to add something here, and I hope it is not me that caused any issues with RJ.

But, perhaps my comments have been misconstrued.

I have said I dont trade against H1 stoch, but that doesn't I will trade every time H1 stoch crosses.

And here is the beauty of Genesis, we have:

- Stoch (momentum)
- Genesis matrix (I refer to it as overall strength of move)
- Asc Arrows (I refer to the arrows, as a change of direction/trend
- MAs (my own preference)

So all above in 1 TF aligning is a good sign, the more TFs that agree the better.

So to pick out 1 indie, even on just 1 or 2 or 3 TFs, cannot be a good signal.

So, what do I like to see to enter a trade ?

Well a full Genesis dash/matrix and all TF MAs aligned, is a great start, and all Asc arrows aligning, is better, all that and all stochs crossed in the same direction, is perfect.

Are you patient enough to wait for all that to align across H4,H1,M15,M5 ?

Is it unrealistic to expect all to ever align, OR is it when all align, that is when the biggest moves occur ?

A compromise, OK H1/M15/M5 all agreeing.

Oh and dont forget pivots S&R and trading hours and news.

So that is why trading is so tough, finding a combination of all above agreeing.

But all of the above has been address (adinfinitum) on this thread as crucial aspects to be considered, when entering a trade.

Will a setup you decide on always give a positive result - NO ! But that is a decision each and every one has to decide on.

Sorry for the babbling post.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #15,523
  • Jun 25, 2013 5:18am Jun 25, 2013 5:18am
Quoting yesIknow
What on earth happened? HAs RJ gone? Is he coming back? wh..wh...what is this all about?

..... he's recharging his batteries.... poor muppets ... lol
.... laughing all the way to the bank
  • #15,524
  • Jun 25, 2013 5:20am Jun 25, 2013 5:20am
learning as always
latest entry just before the yellow arrow up
also holding an older long which is a bit in the red at the moment (didnt use genesis to trade that!)
Attached Image (click to enlarge)
Click to Enlarge Name: gen1.jpg Size: 161 KB
  • #15,525
  • Jun 25, 2013 5:21am Jun 25, 2013 5:21am
Quoting Martyfish
{quote} I feel I need to add something here, and I hope it is not me that caused any issues with RJ. But, perhaps my comments have been misconstrued. I have said I dont trade against H1 stoch, but that doesn't I will trade every time H1 stoch crosses. And here is the beauty of Genesis, we have: - Stoch (momentum) - Genesis matrix (I refer to it as overall strength of move) - Asc Arrows (I refer to the arrows, as a change of direction/trend - MAs (my own preference) So all above in 1 TF aligning is a good sign, the more TFs that agree the better....


... well worth the wait Marty. Thankyou for a lovely post
.... laughing all the way to the bank
  • #15,526
  • Jun 25, 2013 5:37am Jun 25, 2013 5:37am
Quoting WDays
{quote} This is why I targeted DS1, but it needed one more go at it before it broke and unfortunately that's what killed me {image}
WD,
Is that from Henry Liu? How does it compare to the 1000 pip indie? Do you know?
.... laughing all the way to the bank
  • #15,527
  • Jun 25, 2013 5:38am Jun 25, 2013 5:38am
Quoting flash4
learning as always latest entry just before the yellow arrow up also holding an older long which is a bit in the red at the moment (didnt use genesis to trade that!) {image}
TP hit before i could move it
cant complain
will look for more opportunities
  • #15,528
  • Jun 25, 2013 5:38am Jun 25, 2013 5:38am
Quoting Martyfish
Will a setup you decide on always give a positive result - NO ! But that is a decision each and every one has to decide on. Sorry for the babbling post.
Well said ... to throw in a poker analogy, just because you've been dealt two aces doesn't guarantee you'll have the winning hand. It increases your probability, but anything can happen ... the randomness of the fall of the cards can be much like the randomness of the markets. A dealt card doesn't know or care what card was dealt before it - and you'll definitely have days where you see that the price action doesn't care what signal it gave you.
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #15,529
  • Jun 25, 2013 5:43am Jun 25, 2013 5:43am
Quoting flash4
learning as always latest entry just before the yellow arrow up also holding an older long which is a bit in the red at the moment (didnt use genesis to trade that!) {image}

... nice one ....classic trade rejection of YLow, monthly pivot , perfect stochs.... what more can one ask for?
.... laughing all the way to the bank
  • #15,530
  • Jun 25, 2013 5:57am Jun 25, 2013 5:57am
Quoting itsallover
{quote} ... well worth the wait Marty. Thankyou for a lovely post

Kelly, thank you.

And I dont post trades, because when I enter a trade (to be honest) you guys are the last thing I am thinking about.

I am concentrating 100% on the trade (I walk away regularly), particularly when I have loads of Genesis indies aligning, so I dont close manually or close on a whipsaw.

Plus I dont want anyone thinking that when I enter a trade they may follow.

If that isnt good enough for some people, well I am sorry, cant please all the people all the time.

I am here because we all use the same system, and trading is a very lonely business.

If I can help people with trading advice, then I will do my best.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #15,531
  • Jun 25, 2013 6:00am Jun 25, 2013 6:00am
Quoting Martyfish
{quote} Kelly, thank you. And I dont post trades, because when I enter a trade (to be honest) you guys are the last thing I am thinking about. I am concentrating 100% on the trade (I walk away regularly), particularly when I have loads of Genesis indies aligning, so I dont close manually or close on a whipsaw. Plus I dont want anyone thinking that when I enter a trade they may follow. If that isnt good enough for some people, well I am sorry, cant please all the people all the time. I am here because we all use the same system, and trading is a...

Any tips from you Marty is always welcome ... hell ...even a smile will do ....
.... laughing all the way to the bank
  • #15,532
  • Jun 25, 2013 6:01am Jun 25, 2013 6:01am
Quoting Martyfish
{quote} I feel I need to add something here, and I hope it is not me that caused any issues with RJ. But, perhaps my comments have been misconstrued. I have said I dont trade against H1 stoch, but that doesn't I will trade every time H1 stoch crosses. And here is the beauty of Genesis, we have: - Stoch (momentum) - Genesis matrix (I refer to it as overall strength of move) - Asc Arrows (I refer to the arrows, as a change of direction/trend - MAs (my own preference) So all above in 1 TF aligning is a good sign, the more TFs that agree the better....
Thanks Marty.

RJ has done a great job on this thread - sad to see him go. Hopefully he will return in the future. I'd hate to see a great thread die.

PM1
  • #15,533
  • Jun 25, 2013 6:03am Jun 25, 2013 6:03am
Quoting itsallover
{quote} WD, Is that from Henry Liu? How does it compare to the 1000 pip indie? Do you know?
Yes, it is the one here

Quoting realjumper
Currency Strength Meter, link and explanation posted here by Minako{file}
I believe they work pretty much the same way, except the CSM sort of rates currencies from 0 to 9 (0 being weak 9 being strong), and allows for various analyzes on that basis, whereas the 1000pip indi just organizes currencies from strongest to weakest. Henry has a tutorial of ways you can use the CSM, because it is more sophisticated than the 1000pip indi for instance.

For example, the strength measurement uses ATR in its calculation, which means that a blue (rated 0-2) currency has probably reached its range to the downside... if you pair it with a red one (rated 7-9) which has reached its top range too, you're in danger of entering at the top or bottom of the daily range of the pair... It's the same as entering short on a pair if ATR is reached. And so on... There is a video tutorial you can check out here.
  • #15,534
  • Jun 25, 2013 6:10am Jun 25, 2013 6:10am
Quoting antantnz
{quote} Well said ... to throw in a poker analogy, just because you've been dealt two aces doesn't guarantee you'll have the winning hand. It increases your probability, but anything can happen ... the randomness of the fall of the cards can be much like the randomness of the markets. A dealt card doesn't know or care what card was dealt before it - and you'll definitely have days where you see that the price action doesn't care what signal it gave you.
The amount of times I have been raped by three of a kinds and two pairs when being dealt two aces is uncanny Most of them river stars, too!
  • #15,535
  • Jun 25, 2013 6:12am Jun 25, 2013 6:12am
Anyone who is looking at GU it has been in a tight range for the last few hours, which means there is a decent probability it will break out either on the US open or with the US news.

When a pairs stays in this tight range, it is spooky how gradually all MAs & Genesis dash slowly turn in the same direction/colour.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #15,536
  • Jun 25, 2013 6:19am Jun 25, 2013 6:19am
Quoting WDays
{quote} Yes, it is the one here {quote} I believe they work pretty much the same way, except the CSM sort of rates currencies from 0 to 9 (0 being weak 9 being strong), and allows for various analyzes on that basis, whereas the 1000pip indi just organizes currencies from strongest to weakest. Henry has a tutorial of ways you can use the CSM, because it is more sophisticated than the 1000pip indi for instance. For example, the strength measurement uses ATR in its calculation, which means that a blue (rated 0-2) currency has probably reached its range...
Thanx for that explanation WD. Its kinda like the stochs right? When the currencies have reached their lowest range watch them rise to long them and vice versa
.... laughing all the way to the bank
  • #15,537
  • Jun 25, 2013 6:21am Jun 25, 2013 6:21am
I have no idea what may have happened via email and PMs, but I do not see from the posts a huge problem with the discussion on stoch and time frames. We have different opinions and I thought most (well, many) of them were welcomed as long as the core of the system was not in danger of being diluted or changed and it did not look as if this was the case.
I am surprised by RJ’s reaction, especially his last paragraph, but I may not have the whole picture. RJ, I can imagine your frustration with the thread and I really do not know how you managed to cope for all this time, but coped you did, and very well and you have an excellent thread here. What’s different this time?
I am also a bit confused about how relaxed everybody else seems to be about the fact that RJ may leave.
Don’t get me wrong: I appreciate all contributions and I can see some new impetus may come from a bit of confrontation. I like seeing people posting real time trades and debate them as they happen, for instance. It would be impossible for my style of trading to contribute like this (I agree with Marty), so I could never have asked, but it is a good initiative. You guys are doing a great job.
But how long will this last without the headmaster?

I hope it is as you said, itsallover, that he may need some time off. I hope to see him back soon. In the meantime we should do our best to preserve this great thread.
  • #15,538
  • Jun 25, 2013 6:24am Jun 25, 2013 6:24am
Quoting itsallover
{quote} Thanx for that explanation WD. Its kinda like the stochs right? When the currencies have reached their lowest range watch them rise to long them and vice versa
Well you could say that, I guess. When there was a bull run on yen crosses, this tool was showing a weak yen for days and sometimes it would get a higher rating only to be devolved once more. I guess you could say that happened whenever there was a retracement move So I guess the same logic applies...
  • #15,539
  • Jun 25, 2013 6:29am Jun 25, 2013 6:29am
Quoting yesIknow
I have no idea what may have happened via email and PMs, but I do not see from the posts a huge problem with the discussion on stoch and time frames. We have different opinions and I thought most (well, many) of them were welcomed as long as the core of the system was not in danger of being diluted or changed and it did not look as if this was the case. I am surprised by RJ’s reaction, especially his last paragraph, but I may not have the whole picture. RJ, I can imagine your frustration with the thread and I really do not know how you managed to...



...... exactly. There is nothing to be concerned about because there was no bust up ... nothing. In fact I don't even know if he said he was leaving ... people just assumed..... Why should he leave? We have different ways of trading .... that's normal and I know he gets frustrated with newbies sometimes but we all have one thing in common... our love for Genesis. He'll be back. If not for Genesis for the muppets!
.... laughing all the way to the bank
  • #15,540
  • Jun 25, 2013 6:31am Jun 25, 2013 6:31am
Quoting yesIknow
I have no idea what may have happened via email and PMs, but I do not see from the posts a huge problem with the discussion on stoch and time frames. We have different opinions and I thought most (well, many) of them were welcomed as long as the core of the system was not in danger of being diluted or changed and it did not look as if this was the case. I am surprised by RJ’s reaction, especially his last paragraph, but I may not have the whole picture. RJ, I can imagine your frustration with the thread and I really do not know how you managed to...
Trading can be very stressful even on someone with experience. Plus, he is helping people for free, out of his own time. His reaction is somewhat understandable. Perhaps he needs some time off from this forum, who are we to try and persuade him to stay... In the meantime, just because he isn't here, does not mean everything should turn to chaos and anarchy... Also, maybe I was still sleepy when I read his post, but technically he never said he was leaving...
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