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Genesis Matrix Trading

  • #18,061
  • Sep 26, 2013 1:37am Sep 26, 2013 1:37am
Quoting PipMonster1
{quote} We just built a cutting edge keel and the US didn't like it............. PM1
LOL...and on that note, Dennis Connor waded in today as well by saying that Ellison team cheated (as has been proved), and how he supported TNZ...LOL...Dennis Connor!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,062
  • Sep 26, 2013 1:42am Sep 26, 2013 1:42am
As far as regattas go it was quite a spectacle, but lacked true yacht racing flavour for me
Winning isnt everything but coming second sucks (Charlie Brown)
  • #18,063
  • Sep 26, 2013 3:12am Sep 26, 2013 3:12am
Just been reading your comments on the Kyodo news item earlier today RJ...................very amusing..............chortle chortle

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #18,064
  • Sep 26, 2013 3:21am Sep 26, 2013 3:21am
Quoting jjre65
Just been reading your comments on the Kyodo news item earlier today RJ...................very amusing..............chortle chortle J
Lol...krunfx and I go back aways!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,065
  • Sep 26, 2013 3:23am Sep 26, 2013 3:23am
EJ entry 1Min.. Late entry, but the trend is downwards from London Open.

Entered at 133.67, SL is 133.84 (green dotted lines represents entry while the red line is SL). I am wondering if i should change SL to 133.79... Not too sure.


Trying to get a screenshot up, having difficulties... EDIT: Fixed! What do you think of the entry?
Attached Image (click to enlarge)
Click to Enlarge Name: ej 1 min entry.png Size: 154 KB
  • #18,066
  • Sep 26, 2013 3:38am Sep 26, 2013 3:38am
Quoting hunter101
EJ entry 1Min.. Late entry, but the trend is downwards from London Open. Entered at 133.67, SL is 133.84 (green dotted lines represents entry while the red line is SL). I am wondering if i should change SL to 133.79... Not too sure. Trying to get a screenshot up, having difficulties... EDIT: Fixed! What do you think of the entry? {image}
For me, I wouldn't have entered that late, I would have skipped the trade and waited for another opportunity. I think the trend is on your side though....but I'm not trading that pair so I'm not sure....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,067
  • Sep 26, 2013 3:40am Sep 26, 2013 3:40am
Quoting realjumper
{quote} For me, I wouldn't have entered that late, I would have skipped the trade and waited for another opportunity. I think the trend is on your side though....but I'm not trading that pair so I'm not sure....

Makes sense, i saw you posted earlier about the Yen crosses.
  • #18,068
  • Sep 26, 2013 3:55am Sep 26, 2013 3:55am
Quoting hunter101
EJ entry 1Min.. Late entry, but the trend is downwards from London Open. Entered at 133.67, SL is 133.84 (green dotted lines represents entry while the red line is SL). I am wondering if i should change SL to 133.79... Not too sure. Trying to get a screenshot up, having difficulties... EDIT: Fixed! What do you think of the entry? {image}
Hey, Hunter

Nice entry!
I'm also short on EJ, but my entry was on M15 chart. SL@+10 now.
  • #18,069
  • Sep 26, 2013 4:07am Sep 26, 2013 4:07am
Quoting Cold_W
{quote} Hey, Hunter Nice entry! I'm also short on EJ, but my entry was on M15 chart. SL@+10 now.
It maybe a good trade (+45 now), but for me to do it better long term, i have to try to understand how RJ does it, it could take years.. That trade i did was on impulse (1M entry). Still learning...

Just closed +43, closed near pivot line. Done for the day
  • #18,070
  • Sep 26, 2013 4:15am Sep 26, 2013 4:15am
Quoting hunter101
{quote} It maybe a good trade (+45 now), but for me to do it better long term, i have to try to understand how RJ does it, it could take years.. That trade i did was on impulse (1M entry). Still learning...
The main reason for me to take this trade was divergence on M15 stoch.
Exit is premature, still have to master patience when closing a trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym5.png Size: 46 KB
  • #18,071
  • Sep 26, 2013 4:18am Sep 26, 2013 4:18am
Quoting hunter101
{quote} It maybe a good trade (+45 now), but for me to do it better long term, i have to try to understand how RJ does it, it could take years.. That trade i did was on impulse (1M entry). Still learning...
That's a good haul in the end

I was on a trade with GJ which is why I've been quiet.....watching it like a hawk!!

We still have 2 more weeks of M1 testing to do before I'll be prepared to say that this is a good way to trade, especially in difficult markets that we can't trade on M5 and above. If all goes well, then I will spend some time and put together a document (pdf) that will show how I'm doing this. It's virtually the same as any other Genesis trade, just a different way of looking at the indicators and having a strict sequence to follow....with no exceptions.

What I'm most interested in is if this does work out, I'll want to test the same method on the M5....which should work just the same. It's only a slight deviation from what we are doing, but it might make a huge difference....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,072
  • Sep 26, 2013 4:19am Sep 26, 2013 4:19am
Quoting hunter101
{quote} It maybe a good trade (+45 now), but for me to do it better long term, i have to try to understand how RJ does it, it could take years.. That trade i did was on impulse (1M entry). Still learning... Just closed +43, closed near pivot line. Done for the day
Congrats on profit, Hunter! If we were a little more patient we could harvest at least 15-20 more pips!
  • #18,073
  • Sep 26, 2013 4:23am Sep 26, 2013 4:23am
Quoting Cold_W
{quote} Congrats on profit, Hunter! If we were a little more patient we could harvest at least 15-20 more pips!

It happens.....I exited EA too soon as well.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,074
  • Sep 26, 2013 4:27am Sep 26, 2013 4:27am
Quoting Cold_W
{quote} Congrats on profit, Hunter! If we were a little more patient we could harvest at least 15-20 more pips!
Heh just saw that too, 15-20 pips (near the pivot). This trade put me in the positive this month. Past two weeks were hell (many bad trades and most of which were impulsive and not Genesis trades). This week is different 1 min entry and small SL makes thing great! Esp during Tokyo open and London Open. Like the book "Emotion Free Trading Book' states, once a trader sways from the system, that's when the losses come.

As for your chart early Cold_W, that is what i saw too (looked at 5 minute chart with). That resistance line is the main reason i was looking for a trade (though it was late entry for me) while the divergence in the 15 min stoch does make it more appealing to have entered the trade.
  • #18,075
  • Sep 26, 2013 4:28am Sep 26, 2013 4:28am
Quoting realjumper
{quote} It happens.....I exited EA too soon as well.
LOL, I was also short on EA and closed for +15 only!
Anyways, your profit on that GJ trade must be impressive!
  • #18,076
  • Sep 26, 2013 4:37am Sep 26, 2013 4:37am
Dang! Just looked at GJ 1M, perfect entry! Nice job RJ!! I was looking at EJ, i guess it was at this time the Yen started to get stronger.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 1m.png Size: 144 KB
  • #18,077
  • Sep 26, 2013 4:42am Sep 26, 2013 4:42am
Quoting hunter101
Dang! Just looked at GJ 1M, perfect entry! Nice job RJ!! I was looking at EJ, i guess it was at this time the Yen started to get stronger. {image}
Yep...that's the one. EA and GJ are the two pairs that I'm focusing on. On my other profile I have (at the moment) NU and EJ. This time GJ was the mover and a day or two back it was EJ.....which I missed out on. Just the luck of the draw.....we can't watch all the pairs!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,078
  • Sep 26, 2013 4:49am Sep 26, 2013 4:49am
Well I formed a bias that due to the big move up on Yen crosses any short signal would be dangerous
The signals and HTF stochs on EJ and GJ were screaming sell me

Still learning to trust the Matrix fully I guess......................still I didnt lose any pips.......just gained more knowledge and appreciation for the system

Well done to all who banked some on the last moves

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #18,079
  • Sep 26, 2013 5:01am Sep 26, 2013 5:01am
Quoting jjre65
Well I formed a bias that due to the big move up on Yen crosses any short signal would be dangerous The signals and HTF stochs on EJ and GJ were screaming sell me Still learning to trust the Matrix fully I guess......................still I didnt lose any pips.......just gained more knowledge and appreciation for the system Well done to all who banked some on the last moves J
That's one of the advantages of the M1.....the risk was 10 pips. Yep, I shorted on top of the BRN, but I was prepared to exit there if need be for about +8. Next was R1, and again, I was ready to exit for about +15. Either of those exits would have fine with me. But the PA went on down to come within a pip or two of the DP for +89....for a 10 pip risk! 1:9 R:R...lol...outrageous!!!

I would never have attempted this on M5 because, as you say, it was counter to that massive push up, and by the time the M5 entry would have been possible, the SL would have been too expensive. But on the M1 chart, everything was looking great for a short, so a 10 pip risk was worth it......and if it had have turned to custard, a 10 pip loss isn't going to break the bank!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #18,080
  • Sep 26, 2013 5:14am Sep 26, 2013 5:14am
Quoting realjumper
{quote} That's one of the advantages of the M1.....the risk was 10 pips. Yep, I shorted on top of the BRN, but I was prepared to exit there if need be for about +8. Next was R1, and again, I was ready to exit for about +15. Either of those exits would have fine with me. But the PA went on down to come within a pip or two of the DP for +89....for a 10 pip risk! 1:9 R:R...lol...outrageous!!! I would never have attempted this on M5 because, as you say, it was counter to that massive push up, and by the time the M5 entry would have been possible, the...
Roger that

All of the signals traded as per the system and in confluence w HTF stochs I have witnessed have had very little regard for S/R zones until PA runs out of steam when PA is moving. The Genesis and ASCT matrix give all the instruction one needs.
Winning isnt everything but coming second sucks (Charlie Brown)
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