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Genesis Matrix Trading

  • #17,061
  • Aug 17, 2013 2:45pm Aug 17, 2013 2:45pm
Quoting realjumper
Week 4 Test results. Test Completed These are just the quick results, the PDF with more analysis will follow when I get time!! Number of Trades Taken: 9 Win / Loss rate: 9 / 0 Biggest single trade gain: +66 Biggest single loss: - Nett profit: +337 pips Average pips / day : 67.4 Average SL: 24
Great to see another week of consistant testing RJ

Will we be able to see in which sessions the trades were taken?

Looking fwd to PDF

Im sure everybody is grateful for the extra work outside managing your own trading you do for the thread

Cheers J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #17,062
  • Aug 17, 2013 7:04pm Aug 17, 2013 7:04pm
I said I would have a look at the scenario of the ARROW signalling BEFORE the MATRIX is complete.

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I reviewed the EU,AU and EJ, but the sample results were very few, and as such it's hard to make a definitive statistical conclusion for the exercise. The conclusion I did come up with over the 3 pairs and 5 occurences was that the PA did not go very far (i.e. 10-15 pips MAX) before stalling on all 5. Quickly looking at the EA did produce mixed results - some stalled but others did have some good results......so, what do we get from that??? Not much really except.....

the message that is very clear is that the arrow must occur within 3-4 bars (preferably 2 bars) after the matrix has completed and entry taken otherwise the PA generally stalls and/or stops you out. Just keep in mind that that arrow has to be there soon after entry or the movement you want is potentially weak. Remember you want HPTrades. So no arrow within that timeframe - reduce position size, just get out or hope (just remember hope is not an action that protects your capital...no capital = no play!). Whatever you decide it should be documented in your trade plan/rules.....do your homework on the pairs you trade.

End of the day, get a feel for the pairs you trade, know their nuances and how they react around the open line, the daily PV, Resis/support lines, yesterday's H/L and always look left.....

PM1
  • #17,063
  • Aug 17, 2013 7:59pm Aug 17, 2013 7:59pm
Quoting jjre65
{quote} Great to see another week of consistant testing RJ Will we be able to see in which sessions the trades were taken? Looking fwd to PDF Im sure everybody is grateful for the extra work outside managing your own trading you do for the thread Cheers J
When I post the PDF (haven't started on it yet) it will be similar to the M15 PDF that I posted 8 weeks ago. If you wanted to go back through the charts and find the entries, then you would also find the sessions when the trade was taken. I didn't document the sessions because that wasn't the purpose of the test, but it's an interesting idea that I might do at some stage
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,064
  • Aug 17, 2013 8:07pm Aug 17, 2013 8:07pm
Quoting PipMonster1
I said I would have a look at the scenario of the ARROW signalling BEFORE the MATRIX is complete. {image} {image} I reviewed the EU,AU and EJ, but the sample results were very few, and as such it's hard to make a definitive statistical conclusion for the exercise. The conclusion I did come up with over the 3 pairs and 5 occurences was that the PA did not go very far (i.e. 10-15 pips MAX) before stalling on all 5. Quickly looking at the EA did produce mixed results - some stalled but others did have some good results......so, what do we get from...
That's interesting PM1....thanks for having a look at this. Your conclusions seem to concur with what we said a long time back....the arrow on it's own is not reliable enough to use as an entry signal, but if we have already entered and an arrow doesn't turn up pdq, then the chances of the trade working out are reduced and we need to be ready to exit. Personally I like to wait for the whole set...Matrix, at least the M5 arrow (ASCTrend actually, but the signals are the same), stochs, pivots etc etc....I just want to see everything line up or else I don't enter. Perhaps I'm not as aggressive as other traders, but we all have our own style
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,065
  • Aug 18, 2013 5:32am Aug 18, 2013 5:32am
Quoting realjumper
{quote} When I post the PDF (haven't started on it yet) it will be similar to the M15 PDF that I posted 8 weeks ago. If you wanted to go back through the charts and find the entries, then you would also find the sessions when the trade was taken. I didn't document the sessions because that wasn't the purpose of the test, but it's an interesting idea that I might do at some stage
Roger that
Winning isnt everything but coming second sucks (Charlie Brown)
  • #17,066
  • Aug 18, 2013 6:04am Aug 18, 2013 6:04am
Quoting realjumper
Week 4 Test results. Test Completed These are just the quick results, the PDF with more analysis will follow when I get time!! Number of Trades Taken: 9 Win / Loss rate: 9 / 0 Biggest single trade gain: +66 Biggest single loss: - Nett profit: +337 pips Average pips / day : 67.4 Average SL: 24
So if I'm not mistaken, your numbers for 4 weeks testing:

Number of trades taken: 37
Win/Loss rate: 37/0 (1 at BE)
Nett profit: 1635

Amazing!
Congratulations!
  • #17,067
  • Aug 18, 2013 2:20pm Aug 18, 2013 2:20pm
Aside from the results and what we are to learn from the coming PDF, I think its important to to understand how selective RJ is in finding HPTs.....

We all know the amount of time RJ watches the market, which I assume didnt radically change last week, and to have selected only 9 trades for the week is testament to the results and the commitment to HPTrading...(albeit a quiet market week but from memory the most trades in a week has been 12....still not alot)

Its reinforcement for me anyway....

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #17,068
  • Aug 18, 2013 7:30pm Aug 18, 2013 7:30pm
Hello everyone.

Just got approved to this wonderful thread.

here is my first trade for the week +18pips. target was the R1, missed it by a couple of pips. Didn't want to BE and let it run because of the time of the day and it being the beginning of the week.

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Wishing everyone a pip filled week ahead.
Let your plan trade for you, not your emotion!!!
  • #17,069
  • Aug 18, 2013 7:44pm Aug 18, 2013 7:44pm
Quoting xremmy
Hello everyone. Just got approved to this wonderful thread. here is my first trade for the week +18pips. target was the R1, missed it by a couple of pips. Didn't want to BE and let it run because of the time of the day and it being the beginning of the week. {image} Wishing everyone a pip filled week ahead.
Welcome on board, and a good start for the week
  • #17,070
  • Aug 18, 2013 9:48pm Aug 18, 2013 9:48pm
Quoting Fame of me
{quote} Welcome on board, and a good start for the week
Thank You.
Let your plan trade for you, not your emotion!!!
  • #17,071
  • Aug 18, 2013 10:03pm Aug 18, 2013 10:03pm
Morning all
Entered EA on retest of 1.4500 and having a red light on all signals....matrix 5,15,1H....4TF (5,15,1H,4H)

SL30+.......1hr20 later ...out for 30 pips







update...upon reevaluation of exit I am adding to my trading plan to just take all off the table at first TP to increase my consistency in having the meat of the move.(at least for this week)
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  • #17,072
  • Aug 19, 2013 2:02am Aug 19, 2013 2:02am
Greetings everyone.....I'm a bit late on deck today, one of those busy Mondays! Still, I'm here and the coffee is hot so hopefully mister market is going to be nice to us today
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,073
  • Aug 19, 2013 2:03am Aug 19, 2013 2:03am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Good + 30 there HP. How to start the week.
Can't say the same for FF. Why do they change everything all the time? Thank goodness MT4 isn't different every time we open it. My profile isn't the same...
  • #17,074
  • Aug 19, 2013 2:07am Aug 19, 2013 2:07am
Quoting Jamz
Good + 30 there HP. How to start the week. Can't say the same for FF. Why do they change everything all the time? Thank goodness MT4 isn't different every time we open it. My profile isn't the same...
Yes, I made a complaint about it but it will fall on deaf ears because FF can do whatever they want...more or less. I think it's a case of fixing something that wasn't broken....pretty pointless imo!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,075
  • Aug 19, 2013 3:30pm Aug 19, 2013 3:30pm
Hi, all. I've been kinda quiet and lurking for a while, while learning how Genesis can work for me since I sleep through the London Open. I've been trading Asia, which has been tough for me this month because my backtest shows I do better waiting for a pullback after the Genesis signal, and there haven't been many. However since I am getting comfortable with what a good setup should look like, I have started trading the London/NY overlap while at work and had a nice trade today. I use a different MM but this trade worked out just like RJ does, TP at next pivot.
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  • #17,076
  • Aug 19, 2013 6:22pm Aug 19, 2013 6:22pm
Quoting ericjschroed
Hi, all. I've been kinda quiet and lurking for a while, while learning how Genesis can work for me since I sleep through the London Open. I've been trading Asia, which has been tough for me this month because my backtest shows I do better waiting for a pullback after the Genesis signal, and there haven't been many. However since I am getting comfortable with what a good setup should look like, I have started trading the London/NY overlap while at work and had a nice trade today. I use a different MM but this trade worked out just like RJ does, TP...
That's a good trade...well done!

I can never see that London/NY overlap but every day I look back on it and quite often see some good entries, or re-entries.

For me I had an early night so the two trades I had running I cut short and went to bed.....I was up early so I was too tired to carry on. Obviously a lack of coffee!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,077
  • Aug 19, 2013 8:19pm Aug 19, 2013 8:19pm
Aussie news in 10 minutes.....fwiw
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,078
  • Aug 19, 2013 8:21pm Aug 19, 2013 8:21pm
Quoting realjumper
Aussie news in 10 minutes.....fwiw
waiting.........waiting..............
  • #17,079
  • Aug 19, 2013 8:44pm Aug 19, 2013 8:44pm
Quoting PipMonster1
{quote} waiting.........waiting..............
Here's the main points of what they were yappin about...thanks to forexlive.com
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,080
  • Aug 19, 2013 8:50pm Aug 19, 2013 8:50pm
In just under 10 minutes that idiot Wheeler is going to have a go.......
Doing what you like is Freedom. Liking what you do is Happiness.
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