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Genesis Matrix Trading

  • #22,121
  • Edited 6:44pm Mar 17, 2014 4:18pm | Edited 6:44pm
So i want to explain my take on the stochastic oscillator.
The correct explanation can be found here: http://en.wikipedia.org/wiki/Stochastic_oscillator

Its been said here on the thread 100 times before, it is more than a simple OB/OS indicator.
I see it kind of like a "magnetic force", either bullish or bearish. So when entering a trade, i like to see them getting all "pulled" together by whatever force.
I use a M5,15 & 30 Stoch on the same window, when the M15 & 30 are heading in a certain direction, and the M5 has a good pullback, then turns around to agree with the M15 & 30 stoch, i will enter once the Matrix confirms.

Attached is a picture to make my point clearer, i have marked a few yellow lines where i see stochs aligned.

ExcessFX
Attached Image (click to enlarge)
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Learn from your mistakes until you succeed. It's that simple.
  • #22,122
  • Mar 17, 2014 4:23pm Mar 17, 2014 4:23pm
And here is the same chart from the previous post but with the matrix and M5, 15 & 30 trend indicators.
I try not to trade against the M15 or M30 arrows.

ExcessFX
Attached Image (click to enlarge)
Click to Enlarge Name: Stoch Explanation Chart.jpg Size: 572 KB
Learn from your mistakes until you succeed. It's that simple.
  • #22,123
  • Mar 17, 2014 5:25pm Mar 17, 2014 5:25pm
Quoting ExcessFX
So i want to explain my take on the stochastic oscillator. The correct explanation can be found here: http://en.wikipedia.org/wiki/Stochastic_oscillator Its been said here on the thread 100 times before, it is more that a simple OB/OS indicator. I see it kind of like a "magnetic force", either bullish or bearish. So when entering a trade, i like to see them getting all "pulled" together by whatever force. I use a M5,15 & 30 Stoch on the same window, when the M15 & 30 are heading in a certain direction, and the M5 has a good pullback,...
That mysterious force........... That's a good spin on stochs!

PM1
  • #22,124
  • Mar 17, 2014 5:28pm Mar 17, 2014 5:28pm
Quoting ExcessFX
And here is the same chart from the previous post but with the matrix and M5, 15 & 30 trend indicators. I try not to trade against the M15 or M30 arrows. ExcessFX {image}
I think you'll find that's what Marty waits for - everything in alignment.................you'll never get the turning trade (the first M5 signal as the M15/30 will not be aligned) but it would seem that most trades are continuation trades not catching the initial move up/down. You wait until the momentum is in your favour.

PM1
  • #22,125
  • Mar 18, 2014 3:50am Mar 18, 2014 3:50am
Quoting ExcessFX
So i want to explain my take on the stochastic oscillator. The correct explanation can be found here: http://en.wikipedia.org/wiki/Stochastic_oscillator Its been said here on the thread 100 times before, it is more than a simple OB/OS indicator. I see it kind of like a "magnetic force", either bullish or bearish. So when entering a trade, i like to see them getting all "pulled" together by whatever force. I use a M5,15 & 30 Stoch on the same window, when the M15 & 30 are heading in a certain direction, and the M5 has a good pullback,...
Nice sharing ExcessFX! Always good to see trading going well.
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #22,126
  • Mar 18, 2014 4:35am Mar 18, 2014 4:35am
Hi hope everyones doing well

Busy at work so not as much trading as I would like.

Cheers J.
Winning isnt everything but coming second sucks (Charlie Brown)
  • #22,127
  • Mar 18, 2014 5:09am Mar 18, 2014 5:09am
Closed GJ for 40+

Again, a Low M5, M15 Stoch Trade, many would criticize it, but it works for me.

Reasons to Take Low Stoch Trade:-

1.) M5, M15, H1 Matrix all Bearish.
2.) AscTrend M5, M15, M30 & H1 all Bearish.
3.) We have LO coming.
4.) Strong M30 & H1 Stochs (HTF Stochs are backing LTF Stochs, See TF M15 & M5 Image).

Triggered an Entry on M1 as soon as M5 & M15 Stoch's got aligned to HTF Stochs(M30 & H1).

mazprofx.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Image2.png Size: 52 KB
Click to Enlarge Name: Image3.png Size: 43 KB
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,128
  • Mar 18, 2014 5:22am Mar 18, 2014 5:22am
Quoting PipMonster1
{quote} I think you'll find that's what Marty waits for - everything in alignment.................you'll never get the turning trade (the first M5 signal as the M15/30 will not be aligned) but it would seem that most trades are continuation trades not catching the initial move up/down. You wait until the momentum is in your favour. PM1
Yes very True..PM1,

My above GJ Trade is a good example of Continuation Trade..Just grabbing our Share of Pips from a Strong Trend..

I have learn't this from Marty. Marty Rules..

mazprofx.
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,129
  • Mar 18, 2014 7:38am Mar 18, 2014 7:38am
Quoting mazprofx
Closed GJ for 40+ Again, a Low M5, M15 Stoch Trade, many would criticize it, but it works for me. Reasons to Take Low Stoch Trade:- 1.) M5, M15, H1 Matrix all Bearish. 2.) AscTrend M5, M15, M30 & H1 all Bearish. 3.) We have LO coming. 4.) Strong M30 & H1 Stochs (HTF Stochs are backing LTF Stochs, See TF M15 & M5 Image). Triggered an Entry on M1 as soon as M5 & M15 Stoch's got aligned to HTF Stochs(M30 & H1). mazprofx. {image} {image} {image}
Nice trade that!!

Quick question - do you wait for all to align right up to the H1 TF before trading on the M1? That's a lot of boxes to tick for M1......don't get me wrong as +40 on M1 is fantastic. ( I glance at M30/H1 but look for M5/M15 to align only for M1 - but I must also add I don't expect +40's either)

PM1
  • #22,130
  • Mar 18, 2014 10:44am Mar 18, 2014 10:44am
Quoting PipMonster1
{quote} Nice trade that!! Quick question - do you wait for all to align right up to the H1 TF before trading on the M1? That's a lot of boxes to tick for M1......don't get me wrong as +40 on M1 is fantastic. ( I glance at M30/H1 but look for M5/M15 to align only for M1 - but I must also add I don't expect +40's either) PM1
I only takes Trade in the Direction of Trend, i.e Continuation Trades. And, we can consider them all HPT's if the Setup is Perfect.

Note:- No CT Trades. No Reversals. No Picking of High/Low, Top/Bottom etc.

My Setup:- At First, I always looks for Strong M30 and H1 Stochs (i.e both crossed up/down sharply and above/below 50). Once, I get that then i will look down for LTF Stochs M5 and M15. And, will trigger an Entry as soon as both M5 & M15 Stochs gets aligned with HTF's Stochs i.e M30 & H1.

Note:- Just use Marty's Theory, for considering the M5 Stoch..i.e M30 Stoch should be crossed heavily up/down & above/below 50..And, M5 Stoch hooking back against M30 Stoch and then recrossing back in the Same Direction. Check the following 2 posts of Marty and you will know what i am talking about.

http://www.forexfactory.com/showthre...14#post7211514
http://www.forexfactory.com/showthre...29#post7211529

Finally, Answer to your Question:- Yes, I needs all Stochs to get aligned before triggering a Trade.


mazprofx.
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,131
  • Mar 18, 2014 12:23pm Mar 18, 2014 12:23pm
Quoting mazprofx
{quote} Note:- No CT Trades. No Reversals. No Picking of High/Low, Top/Bottom etc.
I trade reversals and etc... but you are right , they are more risky than taking trades with the trend... i use low volumes anyway ..
gEt BusY LiVinG oR Get bUsy dyIng
  • #22,132
  • Mar 18, 2014 12:46pm Mar 18, 2014 12:46pm
Quoting asithaya
{quote} I trade reversals and etc... but you are right , they are more risky than taking trades with the trend... i use low volumes anyway ..
That's for Me..because I don't find CT Trades, Reversals etc etc..worth to risk any amount of my Capital. I always likes to take a Trade in the Direction of Trend..Because, On Any Day, Trend Always Wins..

mazprofx.
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,133
  • Mar 18, 2014 12:52pm Mar 18, 2014 12:52pm
Quoting mazprofx
{quote} That's for Me..because I don't find CT Trades, Reversals etc etc..worth to risk any amount of my Capital. I always likes to take a Trade in the Direction of Trend..Because, On Any Day, Trend Always Wins.. mazprofx.
gEt BusY LiVinG oR Get bUsy dyIng
  • #22,134
  • Mar 18, 2014 1:34pm Mar 18, 2014 1:34pm
Quoting mazprofx
{quote} I only takes Trade in the Direction of Trend, i.e Continuation Trades. And, we can consider them all HPT's if the Setup is Perfect. Note:- No CT Trades. No Reversals. No Picking of High/Low, Top/Bottom etc. My Setup:- At First, I always looks for Strong M30 and H1 Stochs (i.e both crossed up/down sharply and above/below 50). Once, I get that then i will look down for LTF Stochs M5 and M15. And, will trigger an Entry as soon as both M5 & M15 Stochs gets aligned with HTF's Stochs i.e M30 & H1. Note:- Just use Marty's Theory, for considering...
You are extremely patient maz - congrats.

Thanks for sharing !

PM1
  • #22,135
  • Mar 18, 2014 2:32pm Mar 18, 2014 2:32pm
Quoting mazprofx
Closed GJ for 40+ Again, a Low M5, M15 Stoch Trade, many would criticize it, but it works for me. Reasons to Take Low Stoch Trade:- 1.) M5, M15, H1 Matrix all Bearish. 2.) AscTrend M5, M15, M30 & H1 all Bearish. 3.) We have LO coming. 4.) Strong M30 & H1 Stochs (HTF Stochs are backing LTF Stochs, See TF M15 & M5 Image). Triggered an Entry on M1 as soon as M5 & M15 Stoch's got aligned to HTF Stochs(M30 & H1). mazprofx. {image} {image} {image}
Good pips

Listing London open coming as a reason for entry might raise a few eyebrows. London open has a long history of rejecting FF moves.
It wouldn't have kept me out of the trade though.

The breach and hold of the DP and the BRN would have been important reasons for entry for me........and the BRN break was a good trigger.

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #22,136
  • Edited 11:19pm Mar 18, 2014 11:02pm | Edited 11:19pm
Quoting jjre65
{quote} Good pips Listing London open coming as a reason for entry might raise a few eyebrows. London open has a long history of rejecting FF moves. It wouldn't have kept me out of the trade though. The breach and hold of the DP and the BRN would have been important reasons for entry for me........and the BRN break was a good trigger. J
Yes, you r right, J, LO has a history of turning FF trend. But here I mentioned LO coming as a reason, because LO coming means momentum is coming.

With all H4,H1,M30,M15,M5 Stoch aligned, All M5,M15,M30,H1 Matrix bearish & All AscTrend Bearish upto H1. Break of BRN, DP, Asian Range etc etc..adds more to it.

Hmm..So, Quite a Strong Bearish Trend!!! Thus, I thought, that it was, quite a Strong Trend for LO to reverse & finally, LO gave all it's momentum in the Direction of the Trend. And, as I believe, Trend Always Wins!!!


mazprofx.
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,137
  • Mar 18, 2014 11:10pm Mar 18, 2014 11:10pm
Quoting mazprofx
{quote} Yes, you r right, J, LO has a history of turning FF trend. But here I mentioned LO coming has a reason, because LO coming means momentum is coming. With all H4,H1,M30,M15,M5 Stoch aligned, All M5,M15,M30,H1 Matrix bearish & All AscTrend Bearish upto H1. Break of BRN, DP, Asian Range etc etc..adds more to it. Hmm..So, Quite a Strong Bearish Trend!!! Thus, I thought, that it was, quite a Strong Trend for LO to reverse & finally, LO gave all it's momentum in the Direction of the Trend. And, as I believe, Trend Always Wins!!! mazprofx....
Like I said.......................it wouldn't have kept me out of the trade
Winning isnt everything but coming second sucks (Charlie Brown)
  • #22,138
  • Mar 18, 2014 11:30pm Mar 18, 2014 11:30pm
Quoting jjre65
{quote} Like I said.......................it wouldn't have kept me out of the trade
I already, read that in your earlier post.
Quoting jjre65
{quote}Listing London open coming as a reason for entry might raise a few eyebrows.
Just Giving my Views on, Why I mentioned LO coming as a reason..

mazprofx.
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,139
  • Mar 19, 2014 10:36am Mar 19, 2014 10:36am
Did anyone trade today? No trades for me
gEt BusY LiVinG oR Get bUsy dyIng
  • #22,140
  • Mar 20, 2014 4:50am Mar 20, 2014 4:50am
Just Closed EA for +38.

Strong M30 & H1 Stochs. Triggered entry on M1, as soon as M15 and M5 Stoch were in alignment and all other Genesis M1 conditions were met.

mazprofx.
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Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
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