just took a sell on EUR/USD 5min. lets see.
trying to upload picture
trying to upload picture
Genesis Matrix Trading 22,277 replies
Additional Indicators for the Genesis Matrix Trading System 683 replies
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HELP!!! Genesis Data Needed 2 replies
DislikedI must say this demo, as one new trader to another that though the systems looks great on hindsight, its rather difficult to trade; as least for me it is. I really feel the system still needs a filter. just my opinion anyway or maybe am yet to fully understand the systemIgnored
DislikedToday's trade Sold Gold Closed when price spiked down to DP After that it dropped below, but who knows before........ Btw over 30 pips. Shall see if another trade will come today.......... {image} {image}Ignored
DislikedI had a look Adeleke. I'm assuming you took this one (you should really specify if it's Nigerian time or GMT or some other time as the members are from different time zones) Anyway - it looks good to me. M5 and M15 stochastics were 'opening mouth' nicely, didn't go into oversold by the time of all red on matrix, nice dropping angle etc. No pivots near by (that I can see). It didn't even make it to that low that was before London open. It failed miserably despite all this. So sometimes they work, sometimes they don't. Few times I was seriously tempted...Ignored
Disliked{quote} Yeap, that was the trap I fell into this morning mate, really pissed me off and sadly it happens regularly to me. Thanks for taking time to look at it. maybe tomorrow would be betterIgnored
Disliked{quote} I've trying to do that all day without any luck. I took the picture with screen grab pro but I can't attach it. however I can give the details of the trade. I entered at 1.37863 for a sell. it was about the very same time I posted the entry. Time on my chart was 12.05. it was on a 5min E/U chart. both stoch were pointing down, arrow was down, genesis was all red and I was sure that price would come back to the retest the pivot line at 1.37813. Double entry with 20pips stop loss. Can you pls advise me on what I might have done wrong.Ignored
Disliked{quote} I've trying to do that all day without any luck. I took the picture with screen grab pro but I can't attach it. however I can give the details of the trade. I entered at 1.37863 for a sell. it was about the very same time I posted the entry. Time on my chart was 12.05. it was on a 5min E/U chart. both stoch were pointing down, arrow was down, genesis was all red and I was sure that price would come back to the retest the pivot line at 1.37813. Double entry with 20pips stop loss. Can you pls advise me on what I might have done wrong.Ignored
DislikedA few bars after your entry the price had failed to reach DP and presented a new signal for long, ie the previous short signal had completely disintegrated making that trade now invalid. Did you use that situation for exit for smallish loss or did you let the trade run to your SL? The exit could also have been prompted before the new signal given the PA for an even smaller lossIgnored
DislikedI haven't found EU the best pair for this in recent months. have you considered other pairs with better daily ranges?Ignored