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Genesis Matrix Trading

  • #21,881
  • Feb 20, 2014 1:51am Feb 20, 2014 1:51am
Quoting realjumper
{quote} Congratulations on your trade. Not to rain on your parade or anything, but when I see your trade on my charts it's pretty late into the move, and the M5 and M15 stochs were well up on the roof by then and I'm not sure I would have entered where you did....I've seen too many moves come back from there, as PM1 made the point of saying. However, you have the pips and that's all good
Thank you for your input RJ. Appreciated as always.

You are absolutely right in saying I was late on the 5/15m stoch. My reasoning at the time was to wait for the 15m arrow. Once the arrow appeared PA on the 5m chart was showing a little uncertainty and started to pull back slightly towards S1 so I waited for PA to break the high of that current 15m candle and for the 5m matrix to turn all red again before I entered.

Also, at this time both 30/60m stochs were both rising very nicely from the 20 zone so I entered.

Not a 'text book' Genesis trade I know, still work in progress on my part!
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #21,882
  • Feb 20, 2014 1:56am Feb 20, 2014 1:56am
Quoting scarlet pipe
{quote} Thank you for your input RJ. Appreciated as always. You are absolutely right in saying I was late on the 5/15m stoch. My reasoning at the time was to wait for the 15m arrow. Once the arrow appeared PA on the 5m chart was showing a little uncertainty and started to pull back slightly towards S1 so I waited for PA to break the high of that current 15m candle and for the 5m matrix to turn all red again before I entered. Also, at this time both 30/60m stochs were both rising very nicely from the 20 zone so I entered. Not a 'text book'...

I understand your reasons, and it's fair to say that this isn't an exact science!! It's a fine balancing act sometimes, if we get in too early, the PA might turn and stop us out. If we get in too late...same thing!! You made a nice profit.....and taking the banks money is what we are all doing here
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,883
  • Feb 20, 2014 2:05am Feb 20, 2014 2:05am
Quoting realjumper
{quote} Yup......I won't embarrass this person by telling you his name (not from our thread), but he has been shorting GU and EU to the tune of something like 18 trades in a row over the past week or so (lost every trade). I have been watching his TE (live) and he has killed 75% of his account!! At any time he could have, and should have done the trend check and reversed his trades.....he would have recovered his losses by now. But no, he is obviously following all the muppet analysts who are coming with all sorts of fantastic reasons why GU and...

Great to have you back! Reading your posts is very enlightening. Solid stuff/info for noobs like me (your posts and Marty's). I've lost more than 75% trying to pick tops and bottoms while listening to talking Muppet. I guess its called 'learning' unless i fall into the trap again (married to a trade) then im just a gambler. Regardless its a small learning lesson.

But yea the system has high percentage while the human makes the mistakes.
  • #21,884
  • Feb 20, 2014 5:26am Feb 20, 2014 5:26am
hi genesisers
my very first post on this thread! hoping pips all come to you!
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patience is a virtue
  • #21,885
  • Feb 20, 2014 5:34am Feb 20, 2014 5:34am
Quoting realjumper
{quote} Yup......I won't embarrass this person by telling you his name (not from our thread), but he has been shorting GU and EU to the tune of something like 18 trades in a row over the past week or so (lost every trade). I have been watching his TE (live) and he has killed 75% of his account!! At any time he could have, and should have done the trend check and reversed his trades.....he would have recovered his losses by now. But no, he is obviously following all the muppet analysts who are coming with all sorts of fantastic reasons why GU and...
No wonder you've been missing trades

I'd miss some action if I was sitting at a casino watching someone lose a 50:50 bet 18x time in a row ...
  • #21,886
  • Feb 20, 2014 5:45am Feb 20, 2014 5:45am
Quoting blueseahorse
hi genesisers my very first post on this thread! hoping pips all come to you! {image}
blueseahorse,
Nice trade, typical afternoon pre-news pop
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #21,887
  • Feb 20, 2014 6:14am Feb 20, 2014 6:14am
Quoting Martyfish
{quote} blueseahorse, Nice trade, typical afternoon pre-news pop
thanks, marty
I am still in learning stage, and still not good at handling some trades.just got out at BE on gold
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patience is a virtue
  • #21,888
  • Feb 20, 2014 9:34am Feb 20, 2014 9:34am
Quoting blueseahorse
{quote} thanks, marty I am still in learning stage, and still not good at handling some trades.just got out at BE on gold {image}
BE is fine, your keeping your capital !! not all trades will be profitable, just keep working at it !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #21,889
  • Feb 20, 2014 11:49am Feb 20, 2014 11:49am
Missed out on early morning London session.

Managed to bag +20 in the afternoon though trading the M15 charts.
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A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #21,890
  • Feb 20, 2014 6:41pm Feb 20, 2014 6:41pm
Quoting Martyfish
{quote} BE is fine, your keeping your capital !! not all trades will be profitable, just keep working at it !!
yup, keep on practising and gain experience, have to go through the learning curve, right?
patience is a virtue
  • #21,891
  • Feb 21, 2014 12:37am Feb 21, 2014 12:37am
Hi Genesis family

My first post here
This is my EJ trade at LO.
+13
I exited because the price was at an important demand zone, and also because i prefered to be prudent for my first trade.

A big Thank you to all of you guys
Peace
dom
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  • #21,892
  • Feb 21, 2014 1:54am Feb 21, 2014 1:54am
Quoting BorisViven
Hi Genesis family My first post here This is my EJ trade at LO. +13 I exited because the price was at an important demand zone, and also because i prefered to be prudent for my first trade. A big Thank you to all of you guys Peace dom {image}
+13 is a good start.....

I was short on GJ from just after LO....entry at 170.73.....TP was at the DP. The news spike down missed the DP by 1 pip!!! ........so +5 instead of +64!!

Thems the breaks sometimes!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,893
  • Feb 21, 2014 3:16am Feb 21, 2014 3:16am
Quoting realjumper
{quote} +13 is a good start..... I was short on GJ from just after LO....entry at 170.73.....TP was at the DP. The news spike down missed the DP by 1 pip!!! ........so +5 instead of +64!! Thems the breaks sometimes!!!
I had same situation with EJ. Short EJ after LO, though move was not big as yours, but could have walked away with +20ish but got out +3. A win is a win!
  • #21,894
  • Feb 21, 2014 3:32am Feb 21, 2014 3:32am
Quoting hunter101
{quote} I had same situation with EJ. Short EJ after LO, though move was not big as yours, but could have walked away with +20ish but got out +3. A win is a win!
Indeed it is! PA has been a pain in the ass since then!! Like watching grass grow! LOL
Doing what you like is Freedom. Liking what you do is Happiness.
  • #21,895
  • Feb 21, 2014 5:50am Feb 21, 2014 5:50am
Hi genesis family, I hope that all of you are going great.
Rj, I would like to get an answer from you. Me and a friend of mine are studying high probabilty trades, and we need your opinion.
Is this what you would call HPT? Regardless of the final outcome and the its evolution into a good trade.
Thank you in advance and good week end to all.
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Ciao. Luca
  • #21,896
  • Feb 21, 2014 6:40am Feb 21, 2014 6:40am
an other EJ move +20 pips the system rocks!!
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patience is a virtue
  • #21,897
  • Edited Feb 22, 2014 2:08am Feb 21, 2014 6:42am | Edited Feb 22, 2014 2:08am
my 2nd trade here
EJ +20


thanks

edit : the same as blueeahorse, posted at the same time
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  • #21,898
  • Edited 4:40pm Feb 21, 2014 7:19am | Edited 4:40pm
EJ +57. Left quite a few on the table but can't complain.

Looks like there was a few of us on this trade....Well done to all!!
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A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #21,899
  • Feb 21, 2014 7:35am Feb 21, 2014 7:35am
Quoting scarlet pipe
EJ +59. Left quite a few on the table but can't complain. Looks like there was a few of us on this trade....Well done to all!! {image}
I got me some of that too !!

Have a great weekend everyone !!

See you Monday
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #21,900
  • Feb 21, 2014 7:48am Feb 21, 2014 7:48am
Quoting Martyfish
{quote} I got me some of that too !! Have a great weekend everyone !! See you Monday
Have a good one Marty.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
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