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Genesis Matrix Trading

  • #22,241
  • Mar 28, 2014 6:37am Mar 28, 2014 6:37am
Quoting antantnz
EA trade from earlier, perhaps a slightly lucky one ... Entry reasons : Signal and arrow already in play Good HTF stochs (m15 / m30) Evidence of a lower high (weak evidence, but, still evidence) More of a "re-entry" type trade, as best place to enter would have been earlier Trade : Was aware of the French news at 7:45 London Time, but was not aware of the 8:00 Spanish news (wasn't and still isn't on FF calendar). Strong reaction downwards on news. Good for me this time, but could've also gone bad. As it was a sudden move, took half of trade off...
well done!! taken almost same trade on EJ + 40 pips
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patience is a virtue
  • #22,242
  • Mar 28, 2014 6:58am Mar 28, 2014 6:58am
Quoting blueseahorse
{quote} well done!! taken almost same trade on EJ + 40 pips {image}
Well done, Blueseahorse!

In the direction of M15.

Good M15 and M30 stochs.
What the mind does not know, the eyes cannot see
  • #22,243
  • Mar 28, 2014 8:11am Mar 28, 2014 8:11am
Quoting padila
{quote} Well done, Blueseahorse! In the direction of M15. Good M15 and M30 stochs.
thanks, another one on EJ +28 pips
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patience is a virtue
  • #22,244
  • Mar 28, 2014 10:02am Mar 28, 2014 10:02am
Initial target was BRN 1.49. Didn't make it so closed at M5 genesis short signal. +57.
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A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #22,245
  • Mar 28, 2014 10:24am Mar 28, 2014 10:24am
Closed half at BRN 170.50, closed remainder at BRN 171.00. With ADR >100% decided to close trade. Was tempted to let it run but I'm happy with +174.
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A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #22,246
  • Mar 28, 2014 1:46pm Mar 28, 2014 1:46pm
blueseahorse and scarlet pipe

Good trades and thanks for posting the charts.

Have a good weekend everyone.
What the mind does not know, the eyes cannot see
  • #22,247
  • Mar 28, 2014 3:10pm Mar 28, 2014 3:10pm
Quoting civilpes2001
{quote} This one looks promising primer for standard GMTS, however, almost all the indicators are same except the macd thingi. like any other systems some one should test it and then one can confidently say it works fine. Overall, I think GMTS is better in my opinion. it is much more reliable because it has been tested so many times.
I was being sarcastic.
Winning isnt everything but coming second sucks (Charlie Brown)
  • #22,248
  • Edited 8:12pm Mar 28, 2014 3:49pm | Edited 8:12pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Hi to every one, I have been out of commission for the last 10 months due to some personal problems, just dealing with new build and all, sorry to see the thread slow down I was interested in the thread last year and looking forward to joining, if you pick your time and currency there are a lot of nice trades I like EUR/JPY & EUR/AUD.

Anyway I will keep checking in and testing, a thank you to RJ and the team for starting this thread, I would not have the time to do all the work they have done.

Paul.
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Edit: I should have used this template I will in the future.
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Enter using M5 Exit using M15
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Of all the things I've lost I miss my mind the most .
  • #22,249
  • Mar 29, 2014 11:30am Mar 29, 2014 11:30am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
I finished catching up on the thread I see RJ had enough it's very time consuming running a thread and we all move on at some point, just wanted to explain my exits on my previous post and will keep my 2 cents to myself...

Good luck to all, Paul
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Of all the things I've lost I miss my mind the most .
  • #22,250
  • Mar 30, 2014 3:52pm Mar 30, 2014 3:52pm
Quoting Mr C
I finished catching up on the thread I see RJ had enough it's very time consuming running a thread and we all move on at some point, just wanted to explain my exits on my previous post and will keep my 2 cents to myself... Good luck to all, Paul {image} {image}
Thanks for sharing your experience, Mr. C.

Please continue to post.
What the mind does not know, the eyes cannot see
  • #22,251
  • Edited Mar 31, 2014 12:07am Mar 30, 2014 11:43pm | Edited Mar 31, 2014 12:07am
Quoting jjre65
{quote} So, it would be of great interest to the thread to know which system you are trading when you post here. Is it Genesis Matrix trading.......................or the system below. The link to this chart is below, along with the authors system. Its very illuminating........check it out... http://indian-forex.com/showthread.p...with-My-System {image}
Which do u think I am using... I have been trading genesis for a while say about 1.5 years...tried all possible versions of Genesis including RJ's & some versions developed by me.. But to be Frank, I haven't found consistency trading them all...until I figured out while researching on Marty's way of trading and having some talks with Marty, I was pretty much clear about the way he his trading and that was a dramatic turn for me..And, Now, I am trading the system as per Marty's style. And, currently, I am trading with Genesis Matrix System (Marty's Version) i.e with the system, that, I am usually posting here.

And, I don't use this http://indian-forex.com/showthread.p...with-My-System anymore. It was a good system, but not anymore, because many good systems are falling pray to the crappy market conditions nowdays & generating a lot of Fake Setups. But, I am happy to discover Marty's version of Genesis, it has changed & improved me a lot, as a trader.

Currently, I am enjoying my trading and I want to do that..Besides, I am Admin of http://www.indian-forex.com and an Engineering Student..So, I hardly have any free time. Yet, I gave the Thread, What I discovered from it.

Last Words:- If anyone here, who is trading Genesis for Long time and still finding it hard to gain consistency then it would be worth to try Marty's way of trading. And, for Figuring out How Marty Trades, refer Marty's Posts from this year & u can refer my earlier posts (of this Month) I have tried to described in detail How Marty trades i.e I have adapted to Marty's way of trading and the only difference is that Marty usually triggers his entry on M5 and I loves to trigger my entry on M1 (According to RJ's M1 Trading). Only, for Taking Entries I can Match upto Marty's way of trading but for Exit's, Marty is way much ahead from us....So, everything is in the Thread, just look around and when Marty's is around, it won't be hard to adapt, to his way of trading.

mazprofx.


EDIT:-
Quoting Martyfish
Its responses like the previous few, that will/have wrecked this thread. Well done, just what RJ would have wanted. Thats a good bye from me.
Just Saw....this...It's probably an End of World for me and this Thread.

mazprofx.
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #22,252
  • Mar 31, 2014 2:17am Mar 31, 2014 2:17am
Just a friendly reminder for those of on this side of the world that Euro / London started their daylight savings on the weekend ... so for example, London open is now one hour earlier on our clocks.
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #22,253
  • Edited 4:54am Mar 31, 2014 4:31am | Edited 4:54am
Quoting mazprofx
{quote} Which do u think I am using... I have been trading genesis for a while say about 1.5 years...tried all possible versions of Genesis including RJ's & some versions developed by me.. But to be Frank, I haven't found consistency trading them all...until I figured out while researching on Marty's way of trading and having some talks with Marty, I was pretty much clear about the way he his trading and that was a dramatic turn for me..And, Now, I am trading the system as per Marty's style. And, currently, I am trading with Genesis Matrix System...
Thanks for the post, Mazpro,

What it shows is that, Genesis entries, whether M1 or M5, shows where momentum is just right. Hence, an entry taken with Genesis being "all systems go," goes into profit almost immediately. The problem is, without the bigger picture in mind, one could be entering counter trend trades. It is ok to do CT, as long as one recognises that it is counter trend and money manages that accordingly.

Marty's version incorporates the higher time frame trend and higher time frame momentum very well. So we have a system, where we can identify a set up that is in the direction of the higher time frame and the lower time frame momentum is in the right direction. Hence the chances of the trade going right increases tremendously.

I think, those of us who are still posting here, if we keep this in mind and keep on discussing trades, all of us will be benefited. We will be able to discuss the trades that went well as well as the ones that did not and come up with a way of selecting out the good ones.

Padila
What the mind does not know, the eyes cannot see
  • #22,254
  • Mar 31, 2014 5:40am Mar 31, 2014 5:40am
Once we get a Genesis set up, two questions need to be asked:

Is the higher time frame momentum in our direction?

Is the higher time frame trend in our favour?

If the answers are yes, probability of winning goes up.

Incorporating Marty's method, like Mazprofx has done, achieves just that.
What the mind does not know, the eyes cannot see
  • #22,255
  • Mar 31, 2014 7:52am Mar 31, 2014 7:52am
This morning's GJ trade.

Day: uptrend

H4, H1: uptrend

M15 pullback.

M5: Genesis signal.

Strong M15 and M30 stochs and M5 stochs showed the pullback we were talking about.

Will see what it does at 172.00
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What the mind does not know, the eyes cannot see
  • #22,256
  • Mar 31, 2014 8:36am Mar 31, 2014 8:36am
Exited with Genesis signal.
What the mind does not know, the eyes cannot see
  • #22,257
  • Mar 31, 2014 8:41am Mar 31, 2014 8:41am
Full explanation given previously by Padila .....Closed at 172.00.....Nothing more to say really.
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A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #22,258
  • Mar 31, 2014 9:02am Mar 31, 2014 9:02am
Quoting scarlet pipe
Full explanation given previously by Padila .....Closed at 172.00.....Nothing more to say really. {image}
Well done!

Thanks for posting.
What the mind does not know, the eyes cannot see
  • #22,259
  • Mar 31, 2014 10:11am Mar 31, 2014 10:11am
EJ trade, closed pre New York.

H4, H1: uptrend

M15 pullback.

Full Genesis indicator on M5.

Stochs in right direction.

Exited as price action got weaker and TVI indicated exit.

PS: The short trade in NY I did not take, as it was counter to M15. The trade did go well as the stochs were strong. Strong stochs show good momentum and when there is volume in the market, momentum works well even in the counter trend direction. It is up to the trader whether to take a trade in the trend or in the counter trend direction.
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What the mind does not know, the eyes cannot see
  • #22,260
  • Mar 31, 2014 11:31am Mar 31, 2014 11:31am
Hope everyone had a productive day.

For the last few traders still using this thread, please keep posting so that we can all learn.

Have a nice evening.
What the mind does not know, the eyes cannot see
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