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Genesis Matrix Trading

  • #17,821
  • Sep 13, 2013 7:33am Sep 13, 2013 7:33am
Little trade on Gold. At least able to finish the week on a high! I've noticed that you often get good Genesis set ups on Gold after NYO.

Have a good weekend everyone. Hopefully, we'll see some decent PA next week.
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  • #17,822
  • Sep 13, 2013 8:42am Sep 13, 2013 8:42am
Live EJ short. Let's see if we can squeeze anything out of this market...
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mind over matter
  • #17,823
  • Sep 13, 2013 10:23am Sep 13, 2013 10:23am
Quoting kosmo
Live EJ short. Let's see if we can squeeze anything out of this market... {image}
SL@BE+20 and took half off at S1@+63, so worst case scenario would be around +41. I'll hold it until NY close, maybe the strong Yen can drag the Euro to S2...
mind over matter
  • #17,824
  • Edited 8:27pm Sep 13, 2013 7:23pm | Edited 8:27pm
Quoting kosmo
{quote} SL@BE+20 and took half off at S1@+63, so worst case scenario would be around +41. I'll hold it until NY close, maybe the strong Yen can drag the Euro to S2...
Once again Jo, you've done really well in difficult conditions...congratulations!

For the second time this week the best move of the day began not more than 15 minutes before I went to sleep . All's not doom and gloom though because I did have an EA and EJ trade, both of which I closed just before your move started!! So I went to sleep with +43 so that's ok.....both trades began on the M1 chart for me btw.

Edit: I mean the move began *after* I went to sleep...not before....doh!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,825
  • Sep 13, 2013 7:43pm Sep 13, 2013 7:43pm
Quoting realjumper
{quote} Once again Jo, you've done really well in difficult conditions...congratulations! For the second time this week the best move of the day began not more than 15 minutes before I went to sleep . All's not doom and gloom though because I did have an EA and EJ trade, both of which I closed just before your move started!! So I went to sleep with +43 so that's ok.....both trades began on the M1 chart for me btw.
Thank you very much, RJ

I'm happy that you went to sleep with some profit in your pocket. I must admit I will not even try to venture anywhere below the M5, so trading the M1 as you do is just another reason to admire your trading skills! Good luck with the tests.

Great weekend to you and everyone
mind over matter
  • #17,826
  • Sep 14, 2013 3:50am Sep 14, 2013 3:50am
So here I am, 8.30pm Saturday night, posting to our thread......lol....what does that tell you?!?! :nerd:

Fridays M1 live test worked ok.....I ended in the green and suffered no losses. I have been backtesting and simulator testing for much of today and I just want to post a screenshot (chf/jpy) for you to explain something. As I said before, I'm not going to get into a deep discussion about this, that can wait for the PDF at the end of the test. However, the layout of my charts has changed a little bit as you can see. There is a very good reason for this which we will discuss later, and this layour may well work for the m5 as well and even the M15 charts.

The things to notice is (remember, this is an M1 chart):

1. M5 stoch (11,3,3)
2. M15 stoch (11,3,3)
3. Standard Genesis Matrix

The ASCTrend_4TF is gone. There is simply too much to keep an eye on in the fast moving M1 charts, and it really isn't needed.

I have changed the actual layout because, from top to bottom, this is the sequence of confirmation for entry. In essence....I want to see (in a bear move):

1. Bear candle open under Yellow MA
2. M5 stoch crossed down ( in a perfect world, from the top of the window)
3. M15 stoch crossed down ( in a perfect world, from the top of the window)
4. Full bear Genesis Matrix.

If all those conditions are met *in that order*, then enter.....or else, forgetaboutit!!

I have a way to stay in trades as well, but that's all you need to know for now, because this might not work so I don't want to fill you up with stuff that might all turn to shit! lol.

Oh, one more thing....I have taken away the 80 & 20 lines from both stochs.......this is M1 trading and 'oversold/overbought' doesn't really exist, so the lines are gone.

This may be the way forward in all TF's, but it's MUCH too early to go down that road yet, I just wanted to show you what the charts will look like for the next 4 weeks.

I'll post as many trade examples as I can, and I'll post as many live trades as I can too.....but cut me some slack please....M1 trading can get fast and furious!!
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,827
  • Sep 14, 2013 4:24am Sep 14, 2013 4:24am
Quoting realjumper
So here I am, 8.30pm Saturday night, posting to our thread......lol....what does that tell you?!?! :nerd: Fridays M1 live test worked ok.....I ended in the green and suffered no losses. I have been backtesting and simulator testing for much of today and I just want to post a screenshot (chf/jpy) for you to explain something. As I said before, I'm not going to get into a deep discussion about this, that can wait for the PDF at the end of the test. However, the layout of my charts has changed a little bit as you can see. There is a very good reason...

Thanks RJ
  • #17,828
  • Sep 14, 2013 4:48am Sep 14, 2013 4:48am
Thanks for keeping us in the loop.

Wallabies Vs Poooomas are on soon................I can't bear to watch...............

PM1
  • #17,829
  • Sep 14, 2013 5:25am Sep 14, 2013 5:25am
Quoting PipMonster1
Thanks for keeping us in the loop. Wallabies Vs Poooomas are on soon................I can't bear to watch............... PM1
All Blacks vs Springboks too

In fact it's all over... 29-15 to the AB's
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,830
  • Sep 14, 2013 7:10am Sep 14, 2013 7:10am
Quoting realjumper
{quote} All Blacks vs Springboks too In fact it's all over... 29-15 to the AB's
Just got out of jail - 14 -13........man if we lost that would be the first time since 1997 (away game).......that's just too close.


The last time on home soil - 1983!!


PM1
  • #17,831
  • Sep 14, 2013 12:11pm Sep 14, 2013 12:11pm
Dear RJ

How many pairs do you plan to "monitor" during these 4 weeks?
Enter Signature
  • #17,832
  • Sep 14, 2013 1:27pm Sep 14, 2013 1:27pm
Great RJ .. We admire your efforts and always learn from your experience
  • #17,833
  • Sep 14, 2013 9:35pm Sep 14, 2013 9:35pm
Quoting PipMonster1
{quote} Just got out of jail - 14 -13........man if we lost that would be the first time since 1997 (away game).......that's just too close. The last time on home soil - 1983!! PM1
That was close alright.....can't underestimate the Puma's. Their national game is soccer, but they do really well at rugby!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,834
  • Sep 14, 2013 9:36pm Sep 14, 2013 9:36pm
Quoting thomasK
Dear RJ How many pairs do you plan to "monitor" during these 4 weeks?
Same as always....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,835
  • Sep 15, 2013 4:58am Sep 15, 2013 4:58am
Quoting realjumper
So here I am, 8.30pm Saturday night, posting to our thread......lol....what does that tell you?!?! :nerd: Fridays M1 live test worked ok.....I ended in the green and suffered no losses. I have been backtesting and simulator testing for much of today and I just want to post a screenshot (chf/jpy) for you to explain something. As I said before, I'm not going to get into a deep discussion about this, that can wait for the PDF at the end of the test. However, the layout of my charts has changed a little bit as you can see. There is a very good reason...
Waiting breath baited
Your efforts are always very much appreciated RJ (Jade Master)

Cheers J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #17,836
  • Sep 15, 2013 6:43pm Sep 15, 2013 6:43pm
Quoting jjre65
{quote} Waiting breath baited Your efforts are always very much appreciated RJ (Jade Master) Cheers J
Today and tomorrow I will be sort of, 'in and out' because tomorrow at 6am (shock) I have to be at the hospital with Mum for the first of her cataract operations, so trading might be a bit disrupted for me. Still....we'll see, and at worst it's only a couple of days.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,837
  • Sep 15, 2013 7:23pm Sep 15, 2013 7:23pm
Quoting realjumper
{quote} Today and tomorrow I will be sort of, 'in and out' because tomorrow at 6am (shock) I have to be at the hospital with Mum for the first of her cataract operations, so trading might be a bit disrupted for me. Still....we'll see, and at worst it's only a couple of days.....
All the best for your Mum RJ.

WFIW - Japan has a holiday today (Respect for the Aged Day).............might be a bit quietier on the crosses......

PM1
  • #17,838
  • Sep 15, 2013 7:37pm Sep 15, 2013 7:37pm
Quoting PipMonster1
{quote} All the best for your Mum RJ. WFIW - Japan has a holiday today (Respect for the Aged Day).............might be a bit quietier on the crosses...... PM1
Thanks PM1.

You're right....Yen crosses may be quiet this session. I see that Draghi is yappin later so that may compensate!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,839
  • Sep 15, 2013 8:04pm Sep 15, 2013 8:04pm
An M1 example.

I didn't take this trade because, like I said above, I'm 'in and out' today and I didn't see this one until it was already underway.

However.....looking at the M1 chart

* A bear candle opened clear under the Yellow MA

~and~

* M5 stoch crossed and heading down

~and~

* M15 stoch crossed and heading down

~and~

* Genesis Matrix all red

~so~

Enter the damn trade!!!!

That's the order that things must go in......no exceptions. You can see the result of this trade...... +24 for about a 15 pip risk.

Now look at the M5 chart.....would you have taken that trade based on the M5 charts?......damn sure I wouldn't have done.....but in the choppy market on the M1 chart, the trade was good. Even if you bailed out at the pullback for +10....so what?....+10 in 8 minutes is ok by me.

That's an example of what I'm doing this month.
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,840
  • Sep 15, 2013 8:08pm Sep 15, 2013 8:08pm
Quoting realjumper
An M1 example. I didn't take this trade because, like I said above, I'm 'in and out' today and I didn't see this one until it was already underway. However.....looking at the M1 chart * A bear candle opened clear under the Yellow MA ~and~ * M5 stoch crossed and heading down ~and~ * M15 stoch crossed and heading down ~and~ * Genesis Matrix all red ~so~ Enter the damn trade!!!! That's the order that things must go in......no exceptions. You can see the result of this trade...... +24 for about a 15 pip risk. Now look at the M5 chart.....would you have...

In actual fact, this trade has the potential to go down more.....look at the M15 stoch....it's not deviated from it's bearish stance......
Doing what you like is Freedom. Liking what you do is Happiness.
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