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Genesis Matrix Trading

  • #21,241
  • Jan 16, 2014 6:51pm Jan 16, 2014 6:51pm
Quoting jjre65
{quote} Hi ZB Thats a re-entry If you look to the left Im sure you will see a strong move up, followed by a pullback, and then trend resuming, which is where you opened the position. Those flat OB or OS stochs are a sign of a strong trend Re-entries are perfectly good trades to take, as long as you know what youre doing Is this your normal set up for M1 trading? Cheers J
Thanks a lot.
Yes that is the usual setup I have - I will appreciate any suggestion how to improve it.

Not sure why but for some reason M15 and H1 stoch does npt extend the line all the way to the current bar on 1M chart (I assume they go to the last H1 bar) - Is this normal or something strange is going on here?
  • #21,242
  • Jan 16, 2014 7:00pm Jan 16, 2014 7:00pm
Quoting ZoranB
{quote} Thanks a lot. Yes that is the usual setup I have - I will appreciate any suggestion how to improve it. Not sure why but for some reason M15 and H1 stoch does npt extend the line all the way to the current bar on 1M chart (I assume they go to the last H1 bar) - Is this normal or something strange is going on here?
The HTF stochs will catch up w the LTF stochs when the respective periods end.............eg when 15 period ends the M15 stoch fills out

I would include M30 stochs for M1 trading

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,243
  • Jan 17, 2014 12:48am Jan 17, 2014 12:48am
Quoting ZoranB
{quote} Thanks a lot. Yes that is the usual setup I have - I will appreciate any suggestion how to improve it. Not sure why but for some reason M15 and H1 stoch does npt extend the line all the way to the current bar on 1M chart (I assume they go to the last H1 bar) - Is this normal or something strange is going on here?
If you use Xaphod's stoch-mtf, then it will give you the stoch the whole way through. For example, if you are 45 minutes into the hour, then the last 45 minutes will show as a different colour (in my case orange) because it's not yet locked in, but, it gives you an indication of where it's likely to finish.

Diagram below shows you what I mean ... the bits between the pink lines aren't "locked in", and on a normal stoch you wouldn't see them. But the stoch-mtf interprets where the stoch is at the present moment and paints that as orange until it's "locked in"
Attached Image
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #21,244
  • Jan 17, 2014 1:05am Jan 17, 2014 1:05am
Quoting antantnz
{quote} If you use Xaphod's stoch-mtf, then it will give you the stoch the whole way through. For example, if you are 45 minutes into the hour, then the last 45 minutes will show as a different colour (in my case orange) because it's not yet locked in, but, it gives you an indication of where it's likely to finish. Diagram below shows you what I mean ... the bits between the pink lines aren't "locked in", and on a normal stoch you wouldn't see them. But the stoch-mtf interprets where the stoch is at the present moment and paints that as orange until...
Nice post Ant

I have 4 charts for both pairs I trade on M1 [sometimes a 3rd] and each chart goes up in TF and stoch accordingly from M1 to H4, so I get a clean picture in real time and shape......the 4 charts is a good deterrent for not being able to look at more pairs as my laptop doesnt have the width to cope w any more without a scrolling fiasco........forced discipline if you will.

Cheers J.
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,245
  • Jan 17, 2014 2:14am Jan 17, 2014 2:14am
Guys, anyone knows what's up with RJ? Is he still on holiday?

It's strange not see him posting for this long...
  • #21,246
  • Jan 17, 2014 2:35am Jan 17, 2014 2:35am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting nikz
Guys, anyone knows what's up with RJ? Is he still on holiday? It's strange not see him posting for this long...

Don't know Nikz but guess the holiday mode must be good and he's making the most of it! If he takes any longer I will do a drive by for you and see if there are any lights on at his place..........
  • #21,247
  • Jan 17, 2014 2:45am Jan 17, 2014 2:45am
Quoting nikz
Guys, anyone knows what's up with RJ? Is he still on holiday? It's strange not see him posting for this long...
Yes, he is back very soon
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #21,248
  • Jan 17, 2014 2:49am Jan 17, 2014 2:49am
Quoting Jamz
{quote} Don't know Nikz but guess the holiday mode must be good and he's making the most of it! If he takes any longer I will do a drive by for you and see if there are any lights on at his place..........
We'll wait till February.
After that, you really should check if everything's ok
  • #21,249
  • Jan 17, 2014 2:53am Jan 17, 2014 2:53am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting nikz
{quote} We'll wait till February. After that, you really should check if everything's ok

Yes, park up then and check for computer glow!
  • #21,250
  • Jan 17, 2014 3:05am Jan 17, 2014 3:05am
But isn't it often said, that if RJ is sleeping, many pips are being made?

Following on logically from that, if he's on holiday, we should all be doing very well!
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #21,251
  • Jan 17, 2014 3:07am Jan 17, 2014 3:07am
Maybe he's hiding from us and trading secretly!
  • #21,252
  • Jan 17, 2014 3:23am Jan 17, 2014 3:23am
Quoting antantnz
But isn't it often said, that if RJ is sleeping, many pips are being made? Following on logically from that, if he's on holiday, we should all be doing very well!
Look out on the NYSX for Herman the German Bread Co...............and buy large

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,253
  • Jan 17, 2014 3:35am Jan 17, 2014 3:35am
So did Martyfish / anyone catch that GU / GJ reaction upwards? If so, good stuff!
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #21,254
  • Jan 17, 2014 3:41am Jan 17, 2014 3:41am
Quoting antantnz
So did Martyfish / anyone catch that GU / GJ reaction upwards? If so, good stuff!
As I described yesterday perfect pre-news setup for GU

Long from 9:25 just closed +90

Also took EJ from open of 7:30 (my standard early morning setup - thx Islander !!)

closed +13
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #21,255
  • Jan 17, 2014 3:43am Jan 17, 2014 3:43am
Quoting antantnz
So did Martyfish / anyone catch that GU / GJ reaction upwards? If so, good stuff!
Nope, targets all hit during Tokyo today

Nice to see a good bump though....................good for resetting ATRs and some breathing space for price to have some room to move in between tight ranges

Have a good weekend

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,256
  • Jan 17, 2014 3:50am Jan 17, 2014 3:50am
Quoting Martyfish
{quote} As I described yesterday perfect pre-news setup for GU Long from 9:25 just closed +90
Awesome. I was watching the pre-news change in direction and thinking to myself "somebody knows" ... not brave enough to take those trades yet, but glad someone did!
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #21,257
  • Jan 17, 2014 4:08am Jan 17, 2014 4:08am
Quoting antantnz
{quote} Awesome. I was watching the pre-news change in direction and thinking to myself "somebody knows" ... not brave enough to take those trades yet, but glad someone did!
Somebody always knows........................but news trading is what we dont do..............we system trade.

Im guilty of showing off the odd news trade and winning..........but its not Genesis.......well not when I started anyway.

have a nice weekend

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,258
  • Jan 17, 2014 4:26am Jan 17, 2014 4:26am
Quoting jjre65
{quote}but its not Genesis
Dont know quite how you come to that conclusion.

My pre-news setups requires allignment of:

- MAs on M15 & M5
- Asc Arrows
- stochs H1/M30/M15/M5

How is that not a Genesis trade ??

I have described it, and everytime I see that setup, I am alerting traders what to look for. That maybe one day, after repeated reminders of what to look for, some may choose to place such a trade.

I have seen this setup re-occur over and over again, if it is not for you that isnt a problem, but some may wish to watch and learn.

Not all new events have such setups, so I dont trade them, they have to line-up perfectly for me to trade them.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #21,259
  • Jan 17, 2014 4:26am Jan 17, 2014 4:26am
Quoting Martyfish
{quote} As I described yesterday perfect pre-news setup for GU Long from 9:25 just closed +90 Also took EJ from open of 7:30 (my standard early morning setup - thx Islander !!) closed +13
Nice - I had a buy at 9:12 and took half off before the news...dah.....now just been in a short from R3 looking for a retrace to R2 took another 20 as I have to go out....
Trading Levels with WRBs
  • #21,260
  • Jan 17, 2014 4:31am Jan 17, 2014 4:31am
Quoting Islander
{quote} Nice - I had a buy at 9:12 and took half off before the news...dah.....now just been in a short from R3 looking for a retrace to R2 took another 20 as I have to go out....
Congrats mate !!

I was just happy with the pop, will wait for a deep stoch retracement before trying again on GU
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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