Genesis Matrix Trading | Page 1077 | 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

  • #21,521
  • Jan 24, 2014 3:39pm Jan 24, 2014 3:39pm
Quoting jjre65
{quote} I guess our definitions of 'perfect' are very different Price could have reversed very easily exactly where the trade was taken. Genesis is about trading signals, with entry criteria...............not making predictions, or forming a bias on where you think price will go..............thats the key.
Thanks you open my eyes I am totally new in trading Genesis ....
  • #21,522
  • Jan 24, 2014 3:43pm Jan 24, 2014 3:43pm
Quoting Fame of me
{quote} Thanks you open my eyes I am totally new in trading Genesis ....
Im happy to debate trading w you FOM.............but I wont tolerate you being condescending towards me..............not cool or funny.
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,523
  • Jan 24, 2014 3:44pm Jan 24, 2014 3:44pm
Quoting jjre65
{quote} Im happy to debate trading w you FOM.............but I wont tolerate you being condescending towards me..............not cool or funny.
Sorry J when you try to piss on my leg, you will get the right answer. And you get it, I am not funny, I say what I think.

You maybe need to learn more about read HA candles better, then you would see trades like this better.
End of talk to you.
  • #21,524
  • Jan 24, 2014 3:47pm Jan 24, 2014 3:47pm
Quoting Fame of me
{quote} Sorry J when you try to piss on my leg, you will get the right answer. And you get it, I am not funny, I say what I think. You maybe need to learn more about read HA candles better, then you would see trades like this better. End of talk to you.
whatever
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,525
  • Jan 24, 2014 4:04pm Jan 24, 2014 4:04pm
Last one was a CT on GJ M5.
On CT trades I am fine with 22 pips, this one I closed with 21 *lol*

Reason for taken:
triple bottom
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 26 KB
  • #21,526
  • Jan 24, 2014 4:18pm Jan 24, 2014 4:18pm
triple bottom..........double top............head and shoulders.............flag..................so were pattern trading now.............
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,527
  • Edited 4:36pm Jan 24, 2014 4:19pm | Edited 4:36pm
Quoting jjre65
triple bottom..........double top............head and shoulders.............flag..................so were pattern trading now.............
You the BOSS here or what.

I ask RJ is he fine with that. He said YES

SHUT UP

EDIT:
User like u make me tired.
The only thing what you can do is bla bla bla. How you could trade with lot of bla bla bla.

Put this all in your learning curve and not in that thread.

Have a nice weekend.
  • #21,528
  • Jan 24, 2014 4:47pm Jan 24, 2014 4:47pm
Quoting Fame of me
{quote} You the BOSS here or what. I ask RJ is he fine with that. He said YES SHUT UP EDIT: User like u make me tired. The only thing what you can do is bla bla bla. How you could trade with lot of bla bla bla. Put this all in your learning curve and not in that thread. Have a nice weekend.
Being able to admit when you are wrong is a critical part of trading.

Your 'perfect' call on Nikz trade was wrong, as I pointed out, which is why you took the discussion from 'trading' to 'personal'.

Goodbye.
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,529
  • Jan 24, 2014 5:01pm Jan 24, 2014 5:01pm
It's been a good week people.....lets be happy about that and not fight in here.

I seem to have spent my time sorting out a bit of a mess here since I got back from holiday, and I must say that I'm a little disappointed that I leave for 3 weeks holiday and have to come back to spend time to do this.

The rules of the thread are on Post #1.

Lets agree to disagree on the semantics...take the banks money and move on.....please.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,530
  • Jan 24, 2014 5:06pm Jan 24, 2014 5:06pm
Quoting jjre65
{quote} Far from perfect in my book Entry 9 pips above known S/R, where price is bouncing, on the tail of a 90 pip bear move, and w a S/L of 30 pips if placed at the last swing high, is a very low probability trade. Nikz seems to have a knack of making these trades work, which is great for him, but thats not an entry I would take, or recommend to a new member. Cheers J.
Quoting jjre65
{quote} I guess our definitions of 'perfect' are very different Price could have reversed very easily exactly where the trade was taken. Genesis is about trading signals, with entry criteria...............not making predictions, or forming a bias on where you think price will go..............thats the key.
Where did I predict the future price? I've got an entry signal so I've entered. Prediction is saying that the price will bounce/reverse from this or that S/R line.
First last swing high was 17 pips SL and second last swing high was 13 pips SL. I've marked closing candle with the vertical red line. I don't know where did you find 30 pips SL.
It was a strong trend before, it moved a bunch of pips but look at GJ, it was more than 300 pips drop.
So we have a strong downtrend, then pullback and then very good opportunity to enter with the trend; full matrix, good stoch, reasonable SL, arrows, good HA candle. Also, in addition we have full H1 and H4 matrix and good H1 stoch. Yes, I have S1 in my way. But I'm willing to take the risk when I have all the reasons I mentioned before.
You say a very low probability trade? I strongly disagree with you on that.
Anyway, I see I brought a lot of tension with my chart, which was not my intention, so I will restrain myself from posting charts in the future.
  • #21,531
  • Jan 24, 2014 5:11pm Jan 24, 2014 5:11pm
Quoting nikz
{quote} {quote} Where did I predict the future price? I've got an entry signal so I've entered. Prediction is saying that the price will bounce/reverse from this or that S/R line. First last swing high was 17 pips SL and second last swing high was 13 pips SL. I've marked closing candle with the vertical red line. I don't know where did you find 30 pips SL. It was a strong trend before, it moved a bunch of pips but look at GJ, it was more than 300 pips drop. So we have a strong downtrend, then pullback and then very good opportunity to enter with...
That post was a reply to FOM, not a comment on your trade.

Keep posting..................Im going to stop offering my thoughts on trades as they seem to be unproductive to the thread.

Cheers J.
Winning isnt everything but coming second sucks (Charlie Brown)
  • #21,532
  • Jan 24, 2014 5:12pm Jan 24, 2014 5:12pm
Quoting nikz
{quote} {quote} Where did I predict the future price? I've got an entry signal so I've entered. Prediction is saying that the price will bounce/reverse from this or that S/R line. First last swing high was 17 pips SL and second last swing high was 13 pips SL. I've marked closing candle with the vertical red line. I don't know where did you find 30 pips SL. It was a strong trend before, it moved a bunch of pips but look at GJ, it was more than 300 pips drop. So we have a strong downtrend, then pullback and then very good opportunity to enter with...
There is nothing wrong with your chart nikz.....please continue posting them!

FOM and J both have valid points, but I'm not going to sit in judgement of two traders who are both good traders and good people.

They both see things a little differently from each other, and that's how life is.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,533
  • Jan 24, 2014 5:24pm Jan 24, 2014 5:24pm
Quoting jjre65
{quote} Being able to admit when you are wrong is a critical part of trading. Your 'perfect' call on Nikz trade was wrong, as I pointed out, which is why you took the discussion from 'trading' to 'personal'. Goodbye.
I was not wrong.
But you see only those things right which are your YOUR rules.

Trade your rules and stop piss on peoples legs who have different rules.

And I am surely not personal. I say what I think and what you feel personal is YOUR problem, not mines.

You cant require from everyone that they trade like YOU, I am not you.

Ending from that conversion.
  • #21,534
  • Jan 24, 2014 10:07pm Jan 24, 2014 10:07pm
Well I have sat down with my coffee in hand and have been quite entertained for the discussion.

FOM and J - great discussion - you have both proved that we all look at different "stuff" and interpret the charts differently before placing trades. If we all looked at them the same how would we make money from other traders/banks??

FOM's trade example earlier showed a triple bottom and a rally from that. A few posts ago, I think it was Nikz trade on the London close, could have also been a triple bottom if the support had held but with his knowledge of the London close he had a better understanding of the PA and the trend continued down for a good short.

All of us see something different, react different, feel different about PA and indicator setups - I suppose that's why RJ has insisted that this system isn't for newbies but for traders that have had exposure to PA. In that end, depending on our experience, we will see different things - just remember - there are many ways to skin a cat!!

(BTW - I don't think it was anyone's intention to get personal...........that's what I love about the thread - it's not a pissing competition but a good civil professional discussion about Genesis)

PM1
  • #21,535
  • Jan 24, 2014 10:37pm Jan 24, 2014 10:37pm
Amen PM1. This seems to be the one place where everyone seems to work towards the same goal and not change indis/rules every 5 seconds. Im still quite new to Genesis myself and learning the nuances. I find I get caught up with trying to find signals that werent the clearest (previous Tokyo session).

Question for FoM,


Why didnt you take the buy signal before the one you entered? Just trying to get into the head of you guys. The entry signal Im asking about is a perfect example of how I seem to get shaken out and accumulate losses. Would love some feedback!!
  • #21,536
  • Jan 25, 2014 3:59pm Jan 25, 2014 3:59pm
Quoting JaguarTrader
Amen PM1. This seems to be the one place where everyone seems to work towards the same goal and not change indis/rules every 5 seconds. Im still quite new to Genesis myself and learning the nuances. I find I get caught up with trying to find signals that werent the clearest (previous Tokyo session). Question for FoM, Why didnt you take the buy signal before the one you entered? Just trying to get into the head of you guys. The entry signal Im asking about is a perfect example of how I seem to get shaken out and accumulate losses. Would love some...

I'm going to jump in here and answer this because I see this creeping into the thread again and again.

If you're talking about the entry where I marked with the green box......if you're not, then disregard this post: Had you entered at the green box...the previous signal to the one FOM took, why would you have got shaken out of the trade???

The SL for both entries would have been the same.....*below the previous swing low*
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.jpg Size: 201 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,537
  • Jan 26, 2014 6:53pm Jan 26, 2014 6:53pm
Quoting realjumper
{quote} I'm going to jump in here and answer this because I see this creeping into the thread again and again. If you're talking about the entry where I marked with the green box......if you're not, then disregard this post: Had you entered at the green box...the previous signal to the one FOM took, why would you have got shaken out of the trade??? The SL for both entries would have been the same.....*below the previous swing low* {image}

My apologies RJ if it has been brought up a few times too many times. I was indeed talking about that marked entry. I do understand that it would have been a successful trade -- I was just wondering why FOM entered on the signal she marked and not the one I am referring to. They both looked valid to my eye so I was wondering if FOM saw something I hadnt.

JaguarTrader
  • #21,538
  • Jan 26, 2014 6:54pm Jan 26, 2014 6:54pm
Quoting JaguarTrader
{quote} My apologies RJ if it has been brought up a few times too many times. I was indeed talking about that marked entry. I do understand that it would have been a successful trade -- I was just wondering why FOM entered on the signal she marked and not the one I am referring to. They both looked valid to my eye so I was wondering if FOM saw something I hadnt. JaguarTrader
Quick answer, I was not in front of my PC
  • #21,539
  • Jan 26, 2014 7:15pm Jan 26, 2014 7:15pm
Quoting Fame of me
{quote} Quick answer, I was not in front of my PC
Hi FOM, so do you mean that you will enter the trade if you available in front of your PC?
  • #21,540
  • Jan 26, 2014 7:24pm Jan 26, 2014 7:24pm
Quoting Gold Miner
{quote} Hi FOM, so do you mean that you will enter the trade if you available in front of your PC?
Yes.
Then we would not bounce 3 times from the new support, only 2 times.
Which is enough for MY rule book to go in a CT trade.
53 traders viewing now