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Genesis Matrix Trading

  • #16,181
  • Jul 12, 2013 5:36am Jul 12, 2013 5:36am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting realjumper
{quote} Yep.....that's a really goods trade right there. I watched it unfolding on the M5.......nice trade

Thanks RJ, especially due to those coffee sessions I'm sure. I'll bring the chocolate biscuits next time! Considering I had a 20 pip target which became a 30 pip target and can't help being a 50 pip target lately I am very pleased. As account grows I may have to stay in a trade a little longer. That was just a huge blip upwards that I could have happily managed with!!!! Must be China news surely?
  • #16,182
  • Jul 12, 2013 5:41am Jul 12, 2013 5:41am
Quoting Jamz
{quote} Thanks RJ, especially due to those coffee sessions I'm sure. I'll bring the chocolate biscuits next time! Considering I had a 20 pip target which became a 30 pip target and can't help being a 50 pip target lately I am very pleased. As account grows I may have to stay in a trade a little longer. That was just a huge blip upwards that I could have happily managed with!!!! Must be China news surely?
Not sure what the cause was Jamz....I note that the micky mouse rating agency S & P are spreading doom and gloom about further recession coming......I don't know why anyone pays any attention to S & P......they must surely be the gutter trash of the rating agencies.

Anyway...here is the EA Daily. It has struggled to get over the line....so....is it going back into it's shell, or is it going to explode out?........now if we knew the answer to that question!!
Attached Image (click to enlarge)
Click to Enlarge Name: ea.jpg Size: 211 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,183
  • Jul 12, 2013 5:48am Jul 12, 2013 5:48am
Quoting realjumper
Not sure what the cause was Jamz...
The sudden sell off in the Aussie has got the good folks at forexlive.com scratching their heads too.....perhaps it is China as you say Jamz
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,184
  • Jul 12, 2013 10:37am Jul 12, 2013 10:37am
Quoting realjumper
{quote} Raging inferno's all start with a single spark
Burn baby burn
Tight Stop Losses are False Economy - RJ
  • #16,185
  • Jul 12, 2013 10:45am Jul 12, 2013 10:45am
Have a great weekend everybody.
Tight Stop Losses are False Economy - RJ
  • #16,186
  • Jul 12, 2013 6:18pm Jul 12, 2013 6:18pm
Opening the books......

For those of you who haven't been able to post here due to the vouch limit I have placed on the thread....now is your chance to apply for an exemption. I have enabled my PM feature on my profile so just send me a PM, and make the subject 'Exemption please'....and that's all I need. Wiz3003 and I will review each application and I will let you know our decision. If your application is denied, you can still read the thread, and I would urge you to do so. Then, next time we open the books, you can apply again.

I don't know how many applications we will get but we will work through them all one at a time and you WILL be notified either way.......so show a little patience!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,187
  • Jul 12, 2013 6:47pm Jul 12, 2013 6:47pm
The third week of M15 testing is done. This hasn't been a great week for me because I have had a lot of stuff going on that has kept me away from the charts.....and the big move generated by Bernanke was at the wrong time for to take advantage of. However, this is real life and this is the way it is!!

Here are the quick results of week 3.


Number of Trades Taken: 8
Win / Loss rate: 7 / 1
Biggest single trade gain: +117
Biggest single loss: -35
Nett profit: +338 pips
Average pips / day : 67.6
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,188
  • Jul 13, 2013 6:44pm Jul 13, 2013 6:44pm
Quoting realjumper
The third week of M15 testing is done. This hasn't been a great week for me because I have had a lot of stuff going on that has kept me away from the charts.....and the big move generated by Bernanke was at the wrong time for to take advantage of. However, this is real life and this is the way it is!! Here are the quick results of week 3. Number of Trades Taken: 8 Win / Loss rate: 7 / 1 Biggest single trade gain: +117 Biggest single loss: -35 Nett profit: +338 pips Average pips / day : 67.6
RJ they are great results.

What you have shown my friend is that you can have a busy week, as we all do from time to time, checking the M15 PA where possible and still make a fist full of pips. Well done.

PM1
  • #16,189
  • Jul 14, 2013 7:32pm Jul 14, 2013 7:32pm
Quoting PipMonster1
{quote} RJ they are great results. What you have shown my friend is that you can have a busy week, as we all do from time to time, checking the M15 PA where possible and still make a fist full of pips. Well done. PM1
Thanks...the results are better than I expected given the lack of attention I could give it this week, so that's quite pleasing. Quite a few trades never really eventuated on the M15, but they would have been worth 25 - 50 on the M5.

Still, this week concludes the test and then I'll put a document together with my findings....but I can already see another test coming as a result of this test!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,190
  • Jul 14, 2013 7:35pm Jul 14, 2013 7:35pm
Posting Exemptions

The first batch of applications has been processed and the applicants have all been sent a PM letting them know the outcome. The PM's sent are all the same, so again, there is nothing personal in this process.

The next batch is being considered as we speak.

Just thought I'd let you all know what's going on
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,191
  • Jul 14, 2013 9:29pm Jul 14, 2013 9:29pm
Good Morning/Afternoon/Evening depending on your timezone!

Long time lurker here! I did follow the Genesis Matrix from day 1, but I couldn't get a hand on this tricky thing called TIME for doing some home test, paper trading, and eventually some real live trading. I'm happy to share that from now on, I will be out of the shadow and will help the "Family"

I did begin some testing and some homework beginning of June. I will gladly share them with you over our long journey to the holy green pips land! First of all, a trade I did take last Friday on GU :

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmm5-21.png Size: 64 KB


I did enter under the DP, with matrix all red and 3 on 4 arrows (M5 M15 H1). I also had HTF Arrows (D1 W1) on my side. The good stochastics signal would had been between FF and LO, but DP was in the way, so I waited for a better opportunity. I probably should have aimed for the pivots, but i'm still learning the move the SL back to BE. Comments are welcome!

Malouin
Slowly, but surely...
  • #16,192
  • Jul 15, 2013 12:30am Jul 15, 2013 12:30am
Quoting realjumper
{quote} Thanks...the results are better than I expected given the lack of attention I could give it this week, so that's quite pleasing. Quite a few trades never really eventuated on the M15, but they would have been worth 25 - 50 on the M5. Still, this week concludes the test and then I'll put a document together with my findings....but I can already see another test coming as a result of this test!!
Hmmmmmm....more testing....

PM1
  • #16,193
  • Edited 1:01am Jul 15, 2013 12:48am | Edited 1:01am
Quoting Malouin
Good Morning/Afternoon/Evening depending on your timezone! Long time lurker here! I did follow the Genesis Matrix from day 1, but I couldn't get a hand on this tricky thing called TIME for doing some home test, paper trading, and eventually some real live trading. I'm happy to share that from now on, I will be out of the shadow and will help the "Family" I did begin some testing and some homework beginning of June. I will gladly share them with you over our long journey to the holy green pips land! First of all, a trade I did take last Friday...
Any positive trade is a good trade...that's for sure! Personally I don't like trading GU, but that's just me.

When I trade, I always have a target, and in your trade it would have been S1. Now, right before you entered that trade, if it was me I would say to myself, 'So RJ, you have made no pips today (for example) and this trade looks good.' So I enter the trade and set my target at S1. When I contemplate an exit, I have to have a reason to exit, just as I had to have a reason to enter. Where you exited, I see no valid reason to exit at all. If I was concerned that the PA might reverse, and there is no sign of that in your trade, but if I was concerned I would go the BE +1 pip......but still target S1. If the PA does reverse and knock me out for +1, well that's still one more pip than I started with, so I still win. If I *do* see a valid reason to exit, I will do so, but in your trade, there was no reason to exit so I would have gone to BE +1 to remove all risk, and then stood my ground until S1 arrives, or a valid reason to exit early.

I got knocked out of 2 trades last week, at BE +10 each time......if I had have exited early I could have had +25 on each of them but there was no reason to exit that I could see. The news knocked me out, but I still had more pips than when I entered, so it was still a win. My targets were about +45 each (more or less), so if the trades had worked they would have paid well......they didn't work, but they still paid..........win/win
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,194
  • Jul 15, 2013 2:41am Jul 15, 2013 2:41am
RJ,

Did you take the M15 EU short at the EURO open? I know it was above DP but is now through. The M30 Stox and the M15 Stox were both aligned for a good HPT.

I'm short and stop now BE+1 (currently + 16). Like you said I cannot see a reason to get out yet.

PM1
  • #16,195
  • Jul 15, 2013 2:48am Jul 15, 2013 2:48am
Quoting PipMonster1
RJ, Did you take the M15 EU short at the EURO open? I know it was above DP but is now through. The M30 Stox and the M15 Stox were both aligned for a good HPT. I'm short and stop now BE+1 (currently + 16). Like you said I cannot see a reason to get out yet. PM1
Nope.....I didn't take that one because of the DP. Be interesting to see where it goes now
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,196
  • Jul 15, 2013 2:50am Jul 15, 2013 2:50am
Quoting realjumper
{quote} Nope.....I didn't take that one because of the DP. Be interesting to see where it goes now
It's hugging that DP like a baby hugs his teddy!!
  • #16,197
  • Jul 15, 2013 2:56am Jul 15, 2013 2:56am
Quoting PipMonster1
{quote} It's hugging that DP like a baby hugs his teddy!!
Yeah there isn't much going on anywhere as far as I can see, which is a little surprising seeing as Tokyo is on holiday today
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,198
  • Jul 15, 2013 3:02am Jul 15, 2013 3:02am
EU M5 might be turning over to give us a sell signal under the DP.................we'll see....but yes a very quiet start.....time to cook dinner while nothing is happening...a nice rib fillet on the BBQ....mmmmm

PM1
  • #16,199
  • Edited 4:52am Jul 15, 2013 3:11am | Edited 4:52am
I'm short on GU.
Edit: +26. Moved to BE
Edit: closed on +20
Also closed:
EJ +10
UJ +28
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 44 KB
  • #16,200
  • Jul 15, 2013 5:57am Jul 15, 2013 5:57am
Quoting nikz
I'm short on GU. Edit: +26. Moved to BE Edit: closed on +20 Also closed: EJ +10 UJ +28 {image}
Very nice nikz.....a nice little haul
Doing what you like is Freedom. Liking what you do is Happiness.
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