Genesis Matrix Trading | Page 956 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #19,101
  • Nov 5, 2013 6:38am Nov 5, 2013 6:38am
Quoting jalkok
Thank you very much RJ, ... you must like what you are doing ... , for your pdf. I think you made this thread the most valuable on FF
Thank you

What drives me is taking the banks money......the bank has it and they get it by deception and trickery, and I want you and I and everyone here to get it back!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,102
  • Nov 5, 2013 6:42am Nov 5, 2013 6:42am
Thankyou RJ for the efforts you put in m1 pdf. & wiz3003. Now we have solution for all market conditions. I'm glad we have great team here who work hard and contributes for all.

Wishing all huge pips.
  • #19,103
  • Nov 5, 2013 6:46am Nov 5, 2013 6:46am
Quoting Skat
Thankyou RJ for the efforts you put in m1 pdf. & wiz3003. Now we have solution for all market conditions. I'm glad we have great team here who work hard and contributes for all. Wishing all huge pips.
Wishing you huge pips too.....and wishing the Black Caps could at least win one game against Zimbabwe.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,104
  • Edited 7:01am Nov 5, 2013 6:48am | Edited 7:01am
Dear RJ

great stuff and I am sure many people will find it usefull.
There is a problem though which you may want to correct in order not having younger members being confused.
I dont know how it happened but on a closed M5 arrow -as you already mentioned- you must have squares (red or whire) which are multiple of 5.
So 6 or 8 white squares can not be followed by red ones on the M5 arrow matrix.
We can have say 8 white squares at the end of the matrix, meaning that a block of 5 is closed and a second block is being formed (having already 3 of them), but not as in your presentation.

Thanks again for a great job from you and Wiz
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-11-05_1436.png Size: 428 KB
Enter Signature
  • #19,105
  • Nov 5, 2013 6:58am Nov 5, 2013 6:58am
Quoting thomasK
Dear RJ great stuff and I am sure many people will find it usefull. There is a problem though which you may want to correct in order not younger members being confused. I dont know how it happened but on a closed M5 arrow -as you already mentioned- you must have squares (red or whire) which are multiple of 5. So 6 or 8 white squares can not be followed by red ones on the M5 arrow matrix. We can have say 8 white squares at the end of the matrix, meaning that a block of 5 is closed and a second block is being formed (having already 3 of them), but...

Great spotting there Thomas!!!! I couldn't find a suitable example to post so I made a hypothetical one instead. Well spotted Sir.....I shall attend to that tomorrow
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,106
  • Nov 5, 2013 7:08am Nov 5, 2013 7:08am
np RJ!

actually we are not safe even in the situation you describe in fig 7.
We have 5 red squares and nothing behind them which means that the M5 candle is still open.
Less than a minute away from closing but still open.
Only when we see the sixth one we will have a firm close.
Enter Signature
  • #19,107
  • Nov 5, 2013 7:09am Nov 5, 2013 7:09am
Quoting thomasK
np RJ! actually we are not safe even in the situation you describe in fig 7. We have 5 red squares and nothing behind them which means that the M5 candle is still open. Less than a minute away from closing but still open. Only when we see the sixth one we will have a firm close.
But you get the point, no?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,108
  • Edited 11:49pm Nov 5, 2013 7:40am | Edited 11:49pm
Quoting realjumper
{quote} But you get the point, no?
point was clear from the beginning
Enter Signature
  • #19,109
  • Nov 5, 2013 9:37am Nov 5, 2013 9:37am
Quoting Fame of me
Hi G-Family, still sick, but back at home... I really dont like hospitals and my dogs need me at home. So who took my pips in the last time some action here? or quiet market or or or....
Welcome back, Fame

Feels good to be home, doesn't it? Take good care of yourself...
mind over matter
  • #19,110
  • Nov 5, 2013 10:55am Nov 5, 2013 10:55am
Quoting realjumper
{quote} Wishing you huge pips too.....and wishing the Black Caps could at least win one game against Zimbabwe.....

yeah RJ I came to know that bangladesh did whitewash winning all 3 one-day matches,I didn't watch matches but bangladesh is gradually turning out good and competitive team. I think Black Caps,Proteas,Aussies are good teams of fast pitches,as asian teams are good teams of slow pitches. Asian teams use spin bowlers effectively on slow pitches,this is the reason why Pakis are currently overtaking Proteas in UAE on slow pitches with best spin bowling attack.
  • #19,111
  • Nov 5, 2013 12:27pm Nov 5, 2013 12:27pm
Quoting kosmo
{quote} Welcome back, Fame Feels good to be home, doesn't it? Take good care of yourself...
Thanks Sis yeah home sweet home.

Thanks also @all
  • #19,112
  • Nov 5, 2013 4:24pm Nov 5, 2013 4:24pm
Quoting realjumper
{quote} Great spotting there Thomas!!!! I couldn't find a suitable example to post so I made a hypothetical one instead. Well spotted Sir.....I shall attend to that tomorrow
Done
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,113
  • Nov 5, 2013 4:39pm Nov 5, 2013 4:39pm
Now that the PDF is out of the way, we will start looking at those people in the que waiting for a posting exemption. There's quite a few people on the list and it will take time to go through them all....your patience is appreciated!!!

As new members begin to appear over the next few weeks, please chip in and help them out if you can. People here know how to trade the system, so don't be shy to welcome new members and help them out. Thanks
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,114
  • Nov 5, 2013 6:09pm Nov 5, 2013 6:09pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting realjumper
Now that the PDF is out of the way, we will start looking at those people in the que waiting for a posting exemption. There's quite a few people on the list and it will take time to go through them all....your patience is appreciated!!! As new members begin to appear over the next few weeks, please chip in and help them out if you can. People here know how to trade the system, so don't be shy to welcome new members and help them out. Thanks

Thanks for the M1 pdf -- it clarifies a few things for my charts and trading and I can read it again, again, again which is good.

Mr Wheeler will be cursing our unemployment rate! 83.60nzd They will be laying more off soon......
  • #19,115
  • Nov 5, 2013 6:13pm Nov 5, 2013 6:13pm
Quoting Jamz
{quote} Thanks for the M1 pdf -- it clarifies a few things for my charts and trading and I can read it again, again, again which is good. Mr Wheeler will be cursing our unemployment rate! 83.60nzd They will be laying more off soon......
You're welcome Jamz......poor Mr Wheeler...he just hates good news, the sadpacker!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,116
  • Nov 5, 2013 6:46pm Nov 5, 2013 6:46pm
Quoting realjumper
Now that the PDF is out of the way, we will start looking at those people in the que waiting for a posting exemption. There's quite a few people on the list and it will take time to go through them all....your patience is appreciated!!! As new members begin to appear over the next few weeks, please chip in and help them out if you can. People here know how to trade the system, so don't be shy to welcome new members and help them out. Thanks
HI RJ,

Thanks for the M1 PDF and kudos to all the effort put in for us to benefit from.

Question please, you have taken off the 20 & 80 lines from all the stoch windows. I can understand the reasoning for a LTF stoch such as M1 but they have been removed from the M30 stoch also. Do you no longer see any benefit in the Over Bought/Over Sold (I use those terms loosely) zones in general?

cheers
  • #19,117
  • Nov 5, 2013 6:50pm Nov 5, 2013 6:50pm
Quoting Simon H
{quote} HI RJ, Thanks for the M1 PDF and kudos to all the effort put in for us to benefit from. Question please, you have taken off the 20 & 80 lines from all the stoch windows. I can understand the reasoning for a LTF stoch such as M1 but they have been removed from the M30 stoch also. Do you no longer see any benefit in the Over Bought/Over Sold (I use those terms loosely) zones in general? cheers
No problem Simon

Regarding the 80 & 20 lines, I just prefer the charts to be as clean as possible. At the end of the day, the stoch doesn't know what the 20 and 80 lines are, they are just a guide for us humans! I don't need the lines to know that the stochs are very high (or low), I can see well enough without them!

It's a personal preference though.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,118
  • Edited 9:14pm Nov 5, 2013 9:03pm | Edited 9:14pm
Quoting realjumper
{quote} No problem Simon Regarding the 80 & 20 lines, I just prefer the charts to be as clean as possible. At the end of the day, the stoch doesn't know what the 20 and 80 lines are, they are just a guide for us humans! I don't need the lines to know that the stochs are very high (or low), I can see well enough without them! It's a personal preference though.....
If I can chime in here.......

Many traders on the other threads I browse from time to time believe a stoch in an OB/OS position is a signal to enter/exit, and that a turn in PA is iminent.
This isnt what stochs were designed for, but they can be of great help when preparing to enter/exit, as we know.
Ive had alot of trades and seen many more where a stoch getting into OB/OS is when the momentum releases and PA really takes off.
If you look at any chart and spot M5 stoch flat lining high or low you will see that behind it is a strong, open mouthed M15 or M30 or H1 stoch move, and often all of the HTF stochs together.

I read an interesting thread the other day where the trader didnt enter the trade until the stoch was OB/OS!
It was quite a good looking system, not a patch on ours of course.

[Probably stating the obvious here]

Cheers J.

EDIT: case in point below. Missed this trade as I was 'yappin'.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpym5stchim.png Size: 38 KB
Click to Enlarge Name: gbpjpym5stchimp2.png Size: 46 KB
Winning isnt everything but coming second sucks (Charlie Brown)
  • #19,119
  • Nov 5, 2013 9:10pm Nov 5, 2013 9:10pm
Quoting jjre65
{quote} If I can chime in here....... Many traders on the other threads I browse from time to time believe a stoch in an OB/OS position is a signal to enter/exit, and that a turn in PA is iminent. This isnt what stochs were designed for, but they can be of great help when preparing to enter/exit, as we know. Ive had alot of trades and seen many more where a stoch getting into OB/OS is when the momentum releases and PA really takes off. If you look at any chart and spot M5 stoch flat lining high or low you will see that behind it is a strong, open...
Yep...I think we're on the same page there J. There's lots of info on the stoch, both on Post #1 and throughout this thread. Whatever people are comfortable is ok with me.....I've been through the whole stoch issue several times and I'm not going through it again!!!......uh uh...not me man!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,120
  • Nov 5, 2013 9:30pm Nov 5, 2013 9:30pm
Quoting realjumper
{quote} Yep...I think we're on the same page there J. There's lots of info on the stoch, both on Post #1 and throughout this thread. Whatever people are comfortable is ok with me.....I've been through the whole stoch issue several times and I'm not going through it again!!!......uh uh...not me man!!
Fair enough too

See you at LO

J
Winning isnt everything but coming second sucks (Charlie Brown)
4 traders viewing now