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Genesis Matrix Trading

  • #16,281
  • Jul 18, 2013 3:03am Jul 18, 2013 3:03am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting realjumper
A bit late on deck tonight......I've had a few things going today but I still sneaked in an EA trade for the M15! Yeah you're right Jamz.....G20 'meetings' on the weekend.......can't imagine what they hell they have left to meet about!!!

I'd love to get that EA trade but somehow I'm not watching or doing some other dumb thing which will keep me too preoccupied to watch EA....maybe only have that chart up!!!!

Shows ya how long they been summiting and I don't feel any effects yet.....
  • #16,282
  • Jul 18, 2013 4:50pm Jul 18, 2013 4:50pm
Hi everybody
Hope you all banked some pips yesterday

Trade below I took 4 hrs into London session when I got home from work last night.
The reason for showing it is again for the newer followers.
I got nervy when price started going bearish about 30mins into the trade and found myself staring at the candles and fretting.
I then remembered one of RJs posts where he tested trades using Matrix and Stochs only...............no candles.
As you can see, the 15 min Stoch kept looking good and both Matrix showed no serious threats
The point is I placed trust in the Matrix and left the trade alone
I placed S/L - T/P at S/R zones w buffer included in case I dozed off......which I did.
I had the same experience w 2 trades on G/U and E/U at the same time. I can post charts if anyone wants to see them, but they tell the same story

Cheers J

Edit: Should mention I also had confidence in the trade due to trend on M15 and the way price was consistantly bouncing off DPs and S/R
Attached Image (click to enlarge)
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Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,283
  • Jul 18, 2013 7:06pm Jul 18, 2013 7:06pm
Quoting jjre65
Hi everybody Hope you all banked some pips yesterday Trade below I took 4 hrs into London session when I got home from work last night. The reason for showing it is again for the newer followers. I got nervy when price started going bearish about 30mins into the trade and found myself staring at the candles and fretting. I then remembered one of RJs posts where he tested trades using Matrix and Stochs only...............no candles....
Nice one!
I just think that maybe your exit was a little bit premature, since your matrix just got "back on track", arrows, and both of the stochs showed the continuation of the trend.
Just my two cents...
Still pips are pips
  • #16,284
  • Jul 18, 2013 7:46pm Jul 18, 2013 7:46pm
Quoting jjre65
Hi everybody Hope you all banked some pips yesterday Trade below I took 4 hrs into London session when I got home from work last night. The reason for showing it is again for the newer followers. I got nervy when price started going bearish about 30mins into the trade and found myself staring at the candles and fretting. I then remembered one of RJs posts where he tested trades using Matrix and Stochs only...............no candles. As you can see, the 15 min Stoch kept looking good and both Matrix showed no serious threats The point is I placed...
Nice trade jjre65. A question for you and the forum - at the 1625 bar where the Matrix turns all RED and the M5/M15 both turn over why didn't you exit here? Yes, some will say it's a CT trade but what about the trade at 1100 - the M5/M15 and previous PA look very similar to what is experienced at 1625 and that trade was a SHORT trade. Additionally, the high just before 1625 is the same high just before 1100.....???

  • #16,285
  • Jul 18, 2013 8:43pm Jul 18, 2013 8:43pm
Quoting PipMonster1
{quote} Nice trade jjre65. A question for you and the forum - at the 1625 bar where the Matrix turns all RED and the M5/M15 both turn over why didn't you exit here? Yes, some will say it's a CT trade but what about the trade at 1100 - the M5/M15 and previous PA look very similar to what is experienced at 1625 and that trade was a SHORT trade. Additionally, the high just before 1625 is the same high just before 1100.....???
I'll talk more about this next week because it relates directly to my M15 testing, but, mark that 1625 bar on the M5 chart, and then switch to the M15 TF on the same chart and tell me what you see?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,286
  • Jul 18, 2013 9:59pm Jul 18, 2013 9:59pm
Quoting realjumper
{quote} I'll talk more about this next week because it relates directly to my M15 testing, but, mark that 1625 bar on the M5 chart, and then switch to the M15 TF on the same chart and tell me what you see?
I'll do that when I get home tonight RJ - had to go to that thing called "work"................always gets in the way of trading. Sounds like you are alluding to a difference in M15 for the two trades. Thanks.

PM1
  • #16,287
  • Jul 18, 2013 10:27pm Jul 18, 2013 10:27pm
Quoting nikz
{quote} Nice one! I just think that maybe your exit was a little bit premature, since your matrix just got "back on track", arrows, and both of the stochs showed the continuation of the trend. Just my two cents... Still pips are pips
Hi

I was asleep for the exit....... hence the T/P

Cheers J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,288
  • Jul 18, 2013 10:39pm Jul 18, 2013 10:39pm
Quoting jjre65
{quote} Hi I was asleep for the exit....... hence the T/P Cheers J
Sleep is important..I was tired and a bit sick yesterday so I had an early night. It's not like the market is going to vanish or anything!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,289
  • Jul 19, 2013 12:54am Jul 19, 2013 12:54am
Morning/evening to all,

First of all I want to thank RJ for full admittance to the thread.
I have started a day with a losing trade on EJ. Exit after full red matrix + down arrow + M15 Stoch changing direction. Please let me know what you think.
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  • #16,290
  • Jul 19, 2013 1:07am Jul 19, 2013 1:07am
Quoting Cold_W
Morning/evening to all, First of all I want to thank RJ for full admittance to the thread. I have started a day with a losing trade on EJ. Exit after full red matrix + down arrow + M15 Stoch changing direction. Please let me know what you think. {image}
Glad to see you here CW...you omission was nothing personal and you did nothing wrong, I just couldn't remember everyone off the top of my head at the time.

I'm not sure I would have entered that trade because the move down on the Tokyo session was very strong and to enter counter to that move so late in the session is not something I would have done. It's reasonable to expect a bounce off the pivot, but I wouldn't have traded it. That late in the session I would go and count sheep or something and see what Frankie/London offers. Tokyo made it's move and then we have to wait for the next session.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,291
  • Jul 19, 2013 1:10am Jul 19, 2013 1:10am
Quoting realjumper
{quote} Glad to see you here CW...you omission was nothing personal and you did nothing wrong, I just couldn't remember everyone off the top of my head at the time. I'm not sure I would have entered that trade because the move down on the Tokyo session was very strong and to enter counter to that move so late in the session is not something I would have done. It's reasonable to expect a bounce off the pivot, but I wouldn't have traded it. That late in the session I would go and count sheep or something and see what Frankie/London offers. Tokyo...
Thank you for your feedback. Will keep that "late session" thing in mind.
  • #16,292
  • Jul 19, 2013 1:17am Jul 19, 2013 1:17am
Quoting Cold_W
{quote} Thank you for your feedback. Will keep that "late session" thing in mind.
It seems that with Tokyo session that if there is a decent move shortly after Tokyo open, then that's all until the next session comes online. Sometimes Tokyo just creeps it's way in one direction, and other sessions follow along....not always, but often. Either way, I think it would be unusual to see Tokyo reverse itself in the same session.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,293
  • Jul 19, 2013 1:23am Jul 19, 2013 1:23am
Quoting realjumper
{quote} It seems that with Tokyo session that if there is a decent move shortly after Tokyo open, then that's all until the next session comes online. Sometimes Tokyo just creeps it's way in one direction, and other sessions follow along....not always, but often. Either way, I think it would be unusual to see Tokyo reverse itself in the same session.....
I get your point, thank you.
  • #16,294
  • Jul 19, 2013 1:35am Jul 19, 2013 1:35am
RJ, if it's OK to ask.
Which pairs are you watching primarily now?
  • #16,295
  • Jul 19, 2013 1:41am Jul 19, 2013 1:41am
Quoting Cold_W
RJ, if it's OK to ask. Which pairs are watching primarily now?
Well...I dunno about 'we', but I'm watching EA, EU, GJ and EJ. I have dropped the Kiwi and Aussie pairs and one or two others too.

I find it easier to watch fewer pairs so what I have been doing is keeping an eye on the ATR of the popular pairs and just trading those that (generally) have quite high ATR's....provided of course that I know something about the particular pair. EA has been a solid performer for a while now, and GJ and EJ have been good too.....EU is ok sometimes, but it's ' the last cab off the rank' for me at the moment....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,296
  • Jul 19, 2013 1:46am Jul 19, 2013 1:46am
OK, thanx. Hopefully we will see some moves during London.
  • #16,297
  • Jul 19, 2013 1:51am Jul 19, 2013 1:51am
Quoting Cold_W
OK, thanx. Hopefully we will see some moves during London.
Tokyo has been good today, so it would be nice if London can do the same. I know that G8 meetings are on this weekend and Abe will either get endorsed this weekend in Japan or he's gonna get his ass kicked......either way I'm wondering if we might expect to see a gap on Monday.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,298
  • Jul 19, 2013 1:57am Jul 19, 2013 1:57am
Quoting realjumper
{quote} I know that G8 meetings are on this weekend and Abe will either get endorsed this weekend in Japan or he's gonna get his ass kicked......either way I'm wondering if we might expect to see a gap on Monday.
Yeah, and don't forget Bernanke (aka The Muppet) leaving Federal Reserve.
  • #16,299
  • Jul 19, 2013 2:01am Jul 19, 2013 2:01am
Quoting Cold_W
{quote} Yeah, and don't forget Bernanke (aka The Muppet) leaving Federal Reserve.
That day can't come soon enough......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,300
  • Jul 19, 2013 2:44am Jul 19, 2013 2:44am
Quoting Cold_W
OK, thanx. Hopefully we will see some moves during London.
Looks like London is having a go at pushing your EJ long for you......
Doing what you like is Freedom. Liking what you do is Happiness.
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