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Genesis Matrix Trading

  • #17,541
  • Sep 2, 2013 3:18am Sep 2, 2013 3:18am
Quoting PipMonster1
{quote} Have to back for the RBA news - anything can happen...................... The election is this Saturday so everyone will be watching that number!!! PM1
I forgot about the election....this will be an interesting one....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,542
  • Sep 2, 2013 4:36pm Sep 2, 2013 4:36pm
Quoting PipMonster1
GJ and AJ..............lovely trades and not a valid signal anywhere................but I know I have a winner system in my pocket and I will pull it out when everything lines up............ Tried shorting EU 0730 - lovely signal but.......not London session............sometimes these pay off and others well......can anyone see anything I missed here?? Something I will have a look at later is the gradient of the M5 stoch on that trade...very steep...maybe too steep for that time of the day?? {image} PM1
Hi PM1

BRN in your way and Stochs on HTFs not convincing..........................IMHO

J
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Winning isnt everything but coming second sucks (Charlie Brown)
  • #17,543
  • Sep 2, 2013 4:50pm Sep 2, 2013 4:50pm
Quoting jjre65
{quote} Hi PM1 BRN in your way and Stochs on HTFs not convincing..........................IMHO J {image}
Thanks for your analysis jjre65..........I went short after the BRN was broken............the trade went 8 pips in profit but not enough for PT or SL to BE. Yes you are correct the higher TF's were < 20 but that can indicate current weakness. The position of stochs was quite nice but I have resigned myself to the time of day was not good for the EU. Trading futures has me confined to AU and EU so if there is a valid signal I take it. This week is crunch week for me and I'm moving my account to an FX broker as we speak (type). I'm making good inroads with my small mt4 live account on GJ and EA but cannot get liquidity in futures for these so....................new broker here I come.



PM1
  • #17,544
  • Sep 2, 2013 5:05pm Sep 2, 2013 5:05pm
Quoting PipMonster1
{quote} Thanks for your analysis jjre65..........I went short after the BRN was broken............the trade went 8 pips in profit but not enough for PT or SL to BE. Yes you are correct the higher TF's were < 20 but that can indicate current weakness. The position of stochs was quite nice but I have resigned myself to the time of day was not good for the EU. Trading futures has me confined to AU and EU so if there is a valid signal I take it. This week is crunch week for me and I'm moving my account to an FX broker as we speak (type). I'm making...
M30 was on the climb, H1 on the drop but not from OB and a bit messy, H4 rising from OS

I know the HTF stoch analysis is not strictly Genesis trading in its purist form, but I have found by getting 3 out of 4 HTF stochs (esp H1) heading in the same direction as the signal produces much better results. It has dramatically reduced the number of trades I take, and dramatically increased my strike rate and pip hauls.

Good luck w your new broker

Cheers J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #17,545
  • Sep 2, 2013 9:30pm Sep 2, 2013 9:30pm
Well no change to the cash rate....................

PM1
  • #17,546
  • Sep 2, 2013 9:48pm Sep 2, 2013 9:48pm
Watchin EA.. Man, crazy. News could have such a big effect.
  • #17,547
  • Sep 2, 2013 11:02pm Sep 2, 2013 11:02pm
Evening all......I just got home and had a bite to eat and coffee! I couldn't get back for the Aussie news which is a shame, but thems the breaks sometimes. Sorting out stuff for Mums eye operation and fixing up her bank account after she entered the PIN number wrong 3 times and the machine ate her card.....lol. All's well that ends well though, so there might be some pips for me this evening.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,548
  • Sep 3, 2013 12:37am Sep 3, 2013 12:37am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting realjumper
Evening all......I just got home and had a bite to eat and coffee! I couldn't get back for the Aussie news which is a shame, but thems the breaks sometimes. Sorting out stuff for Mums eye operation and fixing up her bank account after she entered the PIN number wrong 3 times and the machine ate her card.....lol. All's well that ends well though, so there might be some pips for me this evening.....
No trades for me today yet......yes, I didn't trade the news!! Good boy!!! Great RJ , I don't feel so bad with my notebook full of secret passwords.....
  • #17,549
  • Sep 3, 2013 12:51am Sep 3, 2013 12:51am
Quoting realjumper
Evening all......I just got home and had a bite to eat and coffee! I couldn't get back for the Aussie news which is a shame, but thems the breaks sometimes. Sorting out stuff for Mums eye operation and fixing up her bank account after she entered the PIN number wrong 3 times and the machine ate her card.....lol. All's well that ends well though, so there might be some pips for me this evening.....
I wish health. Hopefully a simple thing.
  • #17,550
  • Sep 3, 2013 12:53am Sep 3, 2013 12:53am
Quoting Jamz
{quote} No trades for me today yet......yes, I didn't trade the news!! Good boy!!! Great RJ , I don't feel so bad with my notebook full of secret passwords.....
No trades for me either Jamz. No HPT's ---> we're not trading. This is way better than the casino as we get to play when the odds are in OUR FAVOUR......it's like counting cards.

PM1
  • #17,551
  • Sep 3, 2013 12:54am Sep 3, 2013 12:54am
Quoting ozgsnr
{quote} I wish health. Hopefully a simple thing.

Thanks.....without health, everything else is pointless!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,552
  • Sep 3, 2013 12:57am Sep 3, 2013 12:57am
Quoting realjumper
{quote} Thanks.....without health, everything else is pointless!
I hope she'll get better soon .
  • #17,553
  • Sep 3, 2013 1:00am Sep 3, 2013 1:00am
Hey all...! Anyone going long on EA ..?
  • #17,554
  • Sep 3, 2013 1:00am Sep 3, 2013 1:00am
Quoting ozgsnr
{quote} I hope she'll get better soon .
I'll pass that on to her...thank you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,555
  • Sep 3, 2013 1:02am Sep 3, 2013 1:02am
Quoting Skat
Hey all...! Anyone going long on EA ..?
Not me....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,556
  • Sep 3, 2013 1:06am Sep 3, 2013 1:06am
Quoting Skat
Hey all...! Anyone going long on EA ..?
Not me either............
  • #17,557
  • Sep 3, 2013 1:12am Sep 3, 2013 1:12am
Quoting realjumper
{quote} Not me....
I entered long at 1.4589 considering (1) rejection of S2 (2) Both M5 & M15 stochs (3) Matrix (4)Cheap SL .. but a CT was concern .. Im in a learning process . it will help me further if you guys can share why you didn't enter long...

regards
  • #17,558
  • Sep 3, 2013 1:19am Sep 3, 2013 1:19am
Quoting Skat
{quote} I entered long at 1.4589 considering (1) rejection of S2 (2) Both M5 & M15 stochs (3) Matrix (4)Cheap SL .. but a CT was concern .. Im in a learning process . it will help me further if you guys can share why you didn't enter long... regards
I just don't want my first trade of the day to be a CT trade. If I have already made (say) 50 pips profit today, then I don't mind risking some of that profit on a decent CT trade, but I don't want to risk my capital on a CT trade. That's the main reason.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,559
  • Sep 3, 2013 1:24am Sep 3, 2013 1:24am
Quoting Skat
{quote} I entered long at 1.4589 considering (1) rejection of S2 (2) Both M5 & M15 stochs (3) Matrix (4)Cheap SL .. but a CT was concern .. Im in a learning process . it will help me further if you guys can share why you didn't enter long... regards
M15/M30 arrows are RED, on the M15 chart the stochs are already quite high........I like them lower for that trade.

PM1
  • #17,560
  • Sep 3, 2013 1:26am Sep 3, 2013 1:26am
Quoting realjumper
{quote} I just don't want my first trade of the day to be a CT trade. If I have already made (say) 50 pips profit today, then I don't mind risking some of that profit on a decent CT trade, but I don't want to risk my capital on a CT trade. That's the main reason.....

Yeah that's fine..! Thanks RJ,next time I will do the same..!
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