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Genesis Matrix Trading

  • #19,441
  • Nov 25, 2013 6:15am Nov 25, 2013 6:15am
Quoting Bernhard
Thank you RJ for invite for your thread. I try Genesis for some short time and looking forward to learn it good. I started FX this year so still new and appreciate all your experience to learn from. My English may not be perfect, I am German. My trade idea for today is EU long as it pinged just back from a S/R at 1.3507. What are your thoughts?
It's good to have you here Bernhard, and your English is fine

I haven't been trading EU for a few weeks now, so I can't really answer your question....in fact I don't even have an EU chart at the moment!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,442
  • Nov 25, 2013 6:47am Nov 25, 2013 6:47am
Quoting Islander
This for me is a contra trend trade - the 5m 60sma is red and still sloping down - so only half a position and I was only looking for 15 pips in the retrace to the 50% area - and I got those pips whilst I was typing.... Now a quick sandwich before the US traders start their day..... {image}
Nice trade
Although your fib levels might be a little bit confusing for GMT newbies

Cheers!

p.s. where is smiley with a pint? I'm pretty sure it was on the list....
  • #19,443
  • Nov 25, 2013 7:45am Nov 25, 2013 7:45am
Quoting nikz
{quote} Nice trade Although your fib levels might be a little bit confusing for GMT newbies Cheers! p.s. where is smiley with a pint? I'm pretty sure it was on the list....
Thank you - and NP, I'll leave any fibs off my charts.....and I couldn't find the smiley for a half of shandy - aka una clara pequeña - which is my limit at lunchtime...

There was another entry for me in EurJpy - a sell in the 13:08 gmt bar, but I don't want to post too much.....
Trading Levels with WRBs
  • #19,444
  • Nov 25, 2013 8:18am Nov 25, 2013 8:18am
Hello to all the new people on board
Ein herzliches Hallo an die kleine deutsche Runde hier

Also here my trades from the night.
Again EJ M15, i am still in love with EJ M15
Attached Image (click to enlarge)
Click to Enlarge Name: ej m15.png Size: 14 KB
  • #19,445
  • Nov 25, 2013 8:22am Nov 25, 2013 8:22am
Quoting Islander
{quote} Thank you - and NP, I'll leave any fibs off my charts.....and I couldn't find the smiley for a half of shandy - aka una clara pequeña - which is my limit at lunchtime... There was another entry for me in EurJpy - a sell in the 13:08 gmt bar, but I don't want to post too much.....
I would like to see the trade
  • #19,446
  • Edited 9:17am Nov 25, 2013 8:42am | Edited 9:17am
Quoting Fame of me
{quote} I would like to see the trade
NP - I got tied up with the open of the NYSE.....that turned into two trades as I got out after the first push down stalled and the 5m stoch started to open upwards and the second attempt hit Friday's high and again pulled back with the 5m stoch crossing over upwards....also, € turned up off its 3500 level.....

Edit: there was a further sell in the 14:47 bar, still open with a tight SL to protect profits....
Attached Image (click to enlarge)
Click to Enlarge Name: nov25 ej 1m5m 1435 gmt.png Size: 172 KB
Trading Levels with WRBs
  • #19,447
  • Nov 25, 2013 9:22am Nov 25, 2013 9:22am
Quoting Fame of me
Hello to all the new people on board Ein herzliches Hallo an die kleine deutsche Runde hier Also here my trades from the night. Again EJ M15, i am still in love with EJ M15 {image}
Nice Trade... That was at about 01:45 AM (German Time) I was asleep... Next time you wake me up?...
There`s no life before COFFEE!
  • #19,448
  • Nov 25, 2013 9:24am Nov 25, 2013 9:24am
Quoting jalkok
{quote} Nice Trade... That was at about 01:45 AM (German Time) I was asleep... Next time you wake me up?...
Thanks.
Give me your number and i will do that ha ha ha
  • #19,449
  • Nov 25, 2013 1:22pm Nov 25, 2013 1:22pm
Hey all.

Slow day for my trading the longer TF's as most of today's action seems to be against the longer trends.

Thought I might take the opportunity to share what I'm working on for longer term trades. RJ thought some might be interested.
You all have been doing fantastic with the 1 and 5 min, buy I find that difficult to fit into my schedule.

Anyways here's the first chart using the E/J as an example.

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyidaily.png Size: 82 KB


So I first look at the daily. I've cobbled up Xaphod's genesis dashboard to show all time frames from 15M to weekly.

Once I have the daily and weekly in sync on the matrix then I wait for the lower time frames to sync up. To do this I monitor the 15m charts
for signals in line with the D1/WK. I'm looking for all TF's to be in agreement. When that happens I have a very good shot at a good trade.
If other factors line up...S&R, pivots, etc. I enter the trade.

This allows me to get on board the long term trend with a shorter TF entry trigger and smaller s/l.

Might sound confusing but it's really not. Next time I have a live one I'll post that up.
  • #19,450
  • Nov 25, 2013 1:36pm Nov 25, 2013 1:36pm
Quoting spyderman
Hey all. Slow day for my trading the longer TF's as most of today's action seems to be against the longer trends. Thought I might take the opportunity to share what I'm working on for longer term trades. RJ thought some might be interested. You all have been doing fantastic with the 1 and 5 min, buy I find that difficult to fit into my schedule. Anyways here's the first chart using the E/J as an example. {image} So I first look at the daily. I've cobbled up Xaphod's genesis dashboard to show all time frames from 15M to weekly. Once I have the daily...
i like it
  • #19,451
  • Nov 25, 2013 6:18pm Nov 25, 2013 6:18pm
Quoting spyderman
Hey all. Slow day for my trading the longer TF's as most of today's action seems to be against the longer trends. Thought I might take the opportunity to share what I'm working on for longer term trades. RJ thought some might be interested. You all have been doing fantastic with the 1 and 5 min, buy I find that difficult to fit into my schedule. Anyways here's the first chart using the E/J as an example. {image} So I first look at the daily. I've cobbled up Xaphod's genesis dashboard to show all time frames from 15M to weekly. Once I have the daily...
Good thinking spyderman. I'm not a longer term trader, but it's interesting to see how you tackle this. I'm sure that there are others here that either are, or would like to be, longer term traders so it's great that you're sharing this. Thanks you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,452
  • Nov 25, 2013 6:41pm Nov 25, 2013 6:41pm
This my GU M1 trade. You'll remember that I'm not a fan of GU, but I see some potential here. SL is just above the DP out of screenshot....
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 142 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,453
  • Nov 25, 2013 7:03pm Nov 25, 2013 7:03pm
GJ long M1
Winning isnt everything but coming second sucks (Charlie Brown)
  • #19,454
  • Nov 25, 2013 7:09pm Nov 25, 2013 7:09pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting Gold Miner
Dear RJ and all Thanks for the admittance and for those who contributing in this thread. i have been follow this thread everyday, really nice thread, but i have to say my big problem is impatience and some revenge trades (somehow my emotion controlling me). I have no choice coz i really urgently need some money to settle my debts and I know that is wrong. Anyway, i will learn from the lesson and hope all of us will learn together in this thread. cheers and happy trading!
Hi Goldminer,

It looks like it is me to help you out as I recognize something similar here.... At lease you know you're wrong. If I may talk generally, yes, we need the money NOW hurry up!!! but actually, money is not like that with trading. Money is the tool, the lever that we can use in forex and money may be the result but other than that, it has nothing to do with trading. That is something else and why on this thread we talk about pips. Mr Market doesn't care or know your circumstances. It is frustrating learning but that is all you can do. Play with very small sums or on Demo and gain the ability to recognize a consistent entry and trade management. There will still be spikes that take you out and price reversals and ooops, forgot the news so you have to get used to that.
Please excuse my speech and just be grateful your not here in my office where I could go on and on and on for a couple of hours.......
Yes, happy trading Goldminer!
  • #19,455
  • Nov 25, 2013 7:23pm Nov 25, 2013 7:23pm
Quoting jjre65
GJ long M1
Exit +10
Stochs still look ok but it seems to be repeating a patern
Winning isnt everything but coming second sucks (Charlie Brown)
  • #19,456
  • Nov 25, 2013 7:26pm Nov 25, 2013 7:26pm
Quoting jjre65
{quote} Exit +10 Stochs still look ok but it seems to be repeating a patern
It does indeed. I still have GU short, but it's sitting at -1 as we speak.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #19,457
  • Nov 25, 2013 7:38pm Nov 25, 2013 7:38pm
Took +12 on AJ but should've hit around +16 or so. Not sure why I took profit before the DR1 was hit.

Missed EJ ...
  • #19,458
  • Nov 25, 2013 7:42pm Nov 25, 2013 7:42pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Pip gathering here too, +26 GA sell. Can I go to bed already???
  • #19,459
  • Nov 25, 2013 8:09pm Nov 25, 2013 8:09pm
Quoting realjumper
{quote} It does indeed. I still have GU short, but it's sitting at -1 as we speak.....
Really should have been a +30 trade.
7 pips late getting into it and current PA was giving good indications of its intentions, plus PA was ranging from a bear break so the long was CT if anything
Getting the eye trained for M1 takes a bit of work as does the quicker decision making when there is a quick turn in PA but its getting easier the more time I spend w it.
Still dont have any 'noise' issues at all.
When I finally looked at that buy set up taking the trade only took a second or 2.......had benn watching all morning though.
Getting a trade like that on M1 is good for training the nut what to look for.......rather than looking back at charts. Has a stronger impression for me.
The good signals seem very very clear. The poor ones are when the stochs havent got the hungry mouth going.

Onwards and upwards

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #19,460
  • Nov 25, 2013 8:23pm Nov 25, 2013 8:23pm
2nd trade for me today, a humble 13 pips....
GJ M1. TP was at BRN
Attached Image (click to enlarge)
Click to Enlarge Name: GJ M1 - 2.png Size: 46 KB
Learn from your mistakes until you succeed. It's that simple.
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