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Genesis Matrix Trading

  • #21,561
  • Jan 27, 2014 10:23pm Jan 27, 2014 10:23pm
Quoting PipMonster1
Totally nothing to do with trading but something interesting I found - {image} PM1
Yup...and we need to remember that whenever we enter their environment
Attached Image (click to enlarge)
Click to Enlarge Name: shark.jpg Size: 54 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,562
  • Jan 27, 2014 10:31pm Jan 27, 2014 10:31pm
Quoting realjumper
{quote} Yup...and we need to remember that whenever we enter their environment {image}



PM1
  • #21,563
  • Jan 27, 2014 10:44pm Jan 27, 2014 10:44pm
Quoting nikz
{quote} Nice trade asithaya In my opinion, your entry was good, except entry candle wasn't off 5MA. I'm not sure about previous entry that you've mentioned. I would also be worried about the pullback and change in direction, plus M1 arrow was against. Also bottom sotch looks flat. As for stoploss, as an alternative, you can drag your SL line above next swing high. In that case you have secured some pips in your pocket and you give your trade room to breathe in case it goes further south. Cheers!
thank you nikz for the corrections , actually i forget 5EMA every time. i should be more careful with that.

Quote
3rd chart "is this the right place to enter" - well yes............your actual entry I would categories as a re-entry.
[/quote]thank you pipmonster for your opinion.
gEt BusY LiVinG oR Get bUsy dyIng
  • #21,564
  • Jan 27, 2014 10:55pm Jan 27, 2014 10:55pm
Quoting realjumper
{quote} Yup...and we need to remember that whenever we enter their environment {image}

hahaa .. when i was reading the first few words in your picture , i thought white sharks actually eat lots of humans a year... i think humans are getting more and more inhuman day by day. nature will stop this craziness soon. what will happen to the FX market that day? sell sell sell.. bears will be winning
gEt BusY LiVinG oR Get bUsy dyIng
  • #21,565
  • Jan 27, 2014 11:43pm Jan 27, 2014 11:43pm
Hi, guys. Any comments for this chart (signal)?
Attached Image(s) (click to enlarge)
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  • #21,566
  • Jan 27, 2014 11:49pm Jan 27, 2014 11:49pm
Quoting Gold Miner
Hi, guys. Any comments for this chart (signal)? {image} {image}
Well firstly....what are *your* comments for this signal?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,567
  • Jan 27, 2014 11:57pm Jan 27, 2014 11:57pm
Quoting realjumper
{quote} Well firstly....what are *your* comments for this signal?
Hi, RJ. It was hit the BRN twice and the shape of stoch M5 and stoch M15 looks good, but stoch M30 doesn't in good shape. I didn't see the "mouth open" for stoch M15 just now,so I didn't enter the trade.It was a valid signal, keep dropping now. I am still not good in observe the shape...
  • #21,568
  • Jan 28, 2014 12:02am Jan 28, 2014 12:02am
Quoting Gold Miner
{quote} Hi, RJ. It was hit the BRN twice and the shape of stoch M5 and stoch M15 looks good, but stoch M30 doesn't in good shape. I didn't see the "mouth open" for stoch M15 just now,so I didn't enter the trade.It was a valid signal, keep dropping now. I am still not good in observe the shape...
And what do you think of the situation as S1 was broken?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,569
  • Jan 28, 2014 12:33am Jan 28, 2014 12:33am
Quoting Gold Miner
Hi, guys. Any comments for this chart (signal)? {image} {image}
I was looking for this setup. but I missed , went out with my father

Quote
And what do you think of the situation as S1 was broken?

If I took that trade, i will target for MS2 and then s2.. Now the first target has hit .. and I have missed those pips
gEt BusY LiVinG oR Get bUsy dyIng
  • #21,570
  • Jan 28, 2014 12:40am Jan 28, 2014 12:40am
Quoting asithaya
If I took that trade, i will target for MS2 and then s2.. Now the first target has hit .. and I have missed those pips
The point I'm trying to get GM to see is that even if he had waited for S1 to break, there is still a pretty good short entry there. I'm in this trade and we'll see how it goes.

But to enter where GM first signaled his entry would have been fine. I think GM you need to go back and re-read the m1 trading PDF. It clearly says in that PDF: "The M30 stoch on the M5 chart is the last thing I really want to talk about. It is there more as a guide as to what's going on the larger TF. Obviously, if the M5, M15 and M30 stochs all agree, assuming that the Matrix etc also agrees, you're in for a HPT. You don't have to wait for the M30 stoch to agree, but if you enter against the M30 stoch your trade may not develop into a big one.....so be prepared to exit with modest gains."

As I keep saying....ALL the information is already in the thread......SEARCH for it!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,571
  • Jan 28, 2014 12:53am Jan 28, 2014 12:53am
Quoting realjumper
{quote} The point I'm trying to get GM to see is that even if he had waited for S1 to break, there is still a pretty good short entry there. I'm in this trade and we'll see how it goes.
s2 got hit know? a 85pips trade , risk is less than 20pips .. is that right ? feeling great as a genesis member..
gEt BusY LiVinG oR Get bUsy dyIng
  • #21,572
  • Jan 28, 2014 12:58am Jan 28, 2014 12:58am
Quoting asithaya
{quote} s2 got hit know? a 85pips trade , risk is less than 20pips .. is that right ? feeling great as a genesis member..
Didn't quite touch S2 and I was out of the room at the time so I gave back a few pips. Entry was under S1, so +45 was my total
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,573
  • Jan 28, 2014 1:14am Jan 28, 2014 1:14am
Quoting realjumper
{quote} Didn't quite touch S2 and I was out of the room at the time so I gave back a few pips. Entry was under S1, so +45 was my total
Nice haul
Just one question, these are situations where you will enter before LO? Were you BE before LO?
I've entered later for +20. M1 works great in these situations. Gives you very nice chance for re-entry. S2 + BRN is good enough reason for me to exit the trade.
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  • #21,574
  • Jan 28, 2014 1:14am Jan 28, 2014 1:14am
Quoting realjumper
{quote} And what do you think of the situation as S1 was broken?
Sorry for late reply. My PC having some problem just now, no connection. down further...and S2 also broken now...
  • #21,575
  • Jan 28, 2014 1:15am Jan 28, 2014 1:15am
Quoting realjumper
{quote} The point I'm trying to get GM to see is that even if he had waited for S1 to break, there is still a pretty good short entry there. I'm in this trade and we'll see how it goes. But to enter where GM first signaled his entry would have been fine. I think GM you need to go back and re-read the m1 trading PDF. It clearly says in that PDF: "The M30 stoch on the M5 chart is the last thing I really want to talk about. It is there more as a guide as to what's going on the larger TF. Obviously, if the M5, M15 and M30 stochs all agree, assuming...
Ok, thank you RJ. I will re-read again..
  • #21,576
  • Jan 28, 2014 1:33am Jan 28, 2014 1:33am
Quoting nikz
{quote} Nice haul Just one question, these are situations where you will enter before LO? Were you BE before LO? I've entered later for +20. M1 works great in these situations. Gives you very nice chance for re-entry. S2 + BRN is good enough reason for me to exit the trade. {image}
No I wasn't at BE yet.....my SL was still in place.

I had to leave the room and I wasn't expecting the PA to drop so quick, so when I came back I took a manual exit. Hindsight says I should have waited for S2 or BRN, but +45 is good enough!
Attached Image (click to enlarge)
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,577
  • Jan 28, 2014 1:36am Jan 28, 2014 1:36am
Quoting realjumper
{quote} No I wasn't at BE yet.....my SL was still in place. I had to leave the room and I wasn't expecting the PA to drop so quick, so when I cam back I took a manual exit. Hindsight says I should have waited for S2 or BRN, but +45 is good enough! {image}
  • #21,578
  • Edited 5:36am Jan 28, 2014 5:20am | Edited 5:36am
Two CT Trades

AJ - 1st half +14, 2nd half BE +1
EA - Ist half +11, 2nd half BE +1

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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EDIT: Both Trades taken out at +1 by news candle.
Let your plan trade for you, not your emotion!!!
  • #21,579
  • Jan 28, 2014 6:05am Jan 28, 2014 6:05am
Done for the day.

Just for tease.

I'm sure RJ and Favourite understands this MM.

Attached Image
Let your plan trade for you, not your emotion!!!
  • #21,580
  • Jan 28, 2014 7:49am Jan 28, 2014 7:49am
I have seen somewhere RJ or marty had said that he don't want to see candles for the entry. I also have noted that for the entry, candles force us not to take good trades. But i cant say that surely. Do you agree with that? but in most cases I use the HA candle chart to determine the trend.
gEt BusY LiVinG oR Get bUsy dyIng
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