Genesis - continuation

Its easter holiday in my country so am also going on holiday from trading till monday. For those trading on a holiday, best of luck and may the trend be with you. Happy holidays.

You are welcome!

is anyone thinking of BUY on the EURUSD right now?

My BUY made me a nice 10+ pips. if I had spent more time on the laptop, I might have made more. I seem to be getting better at these
Hope others had a nice day too.

May the trend be with you

At last my first attachment

Entered EJ at LO. There was some volitility and spreads were high, waited for it to die down then entered. Will exit soon due to news coming in Europe. Now at BE

Short 141.72, no chart because in middle of trade.

Hope you didn't wait too long to enter hunter101. I usually trade the news though it makes me nervous, the greed in me just wouldn't let me stay away.. good luck with your trade mate, am still watching for a valid entry.

5M Asctrend is still red. Once it turns white i will exit, or it will hit BE. No matter, im not worried. Part of trading.

As RJ says, he trades between Euro open and 2 hours after LO. The moves happen between these time frame. Usually he places a trade around LO.

Also trade hit BE. Part of learning this system. One day i will master it and EJ currency pair .

One day we'll all master it, i hope

I also trade the London open and I just missed an opportunity to make a kill on the BUY.
well, lets hope we'll still get another set-up before the day ends

Hello, Genesis Traders:

Below my EJ trade today-- entry seemed good but BAD exit, way prematurely. Also caught a few pips on the EJ FF upmove but exited early there too--the PA has been so erratic (or dead) lately over the holiday that I was nervous--need to not have such expectancy.

Entry on M1:
PA had been making Lower Highs while moving around R1
M5 Stoch <20 but shortly before that, was falling from OB
M15 Stoch just exiting OB
M5 Arrows appear
M5, M15 Genesis Matrices all red; M1, M5, H1 Trend Matrices red
SL <20 pips
Still well under Average Daily Range

PA subsequently made a clear Break & Failed Retest of R1 = strengthens case for short; one of Martyfish's favorite entries
Safer entry would have been at this point: ALL Matrices red + M15 Stoch now clearly falling from OB & "open"

Exit: much too early--jumpy exit at Monthly Pivot, which RJ disregards--should have monitored M5 & used this to exit--NO Genesis signal to exit when I did! PA went beyond DP-->25 easy pips more--eventually to low1.

Despite the poor exit, this trade was positive for me in my stage of development because the early PA at London Open was too fast for my eyes & level of experience, & because of news, too risky for me--and also, Aud pairs had already exceeded their Average Daily Ranges because of the earlier CPI data so I was feeling a little discouraged--but by watching & waiting, this nice, tractable, tradable Genesis signal appeared--as RJ says (said ), PATIENCE! Now to work on those exits...

Nice job mate.

Here is a good Genesis trade. I was taking a nap when this trade transpired, wish i was awake. Everything lined up for this, 1M charts. Going with the trend. The only negative is that it was near the Daily pivot, so maybe to exit while viewing the 1M chart.

http://www.forexlive.com/blog/2014/0...st-since-2007/

It's better stop wasting time with this rubbish

Genesis was a trend follower system, but in this market situation, with "dead" ADR and no volatility, is better work "contrarian"

just my 2 cents

I've only been trading Genesis for less than a month. I've combined it with stuff I've learned previously TMS, SonicR etc. but Genesis gives me my entry signals and it is doing it very well. I have no intentions changing to a different system because this works fine.


jimi you've been trashtalking around FF blaming Genesis for burning your account. Please don't do that. As Realjumper said:
"You need to have a reasonable understanding of how the markets work as well as how to trade to get the best from this system, and that involves looking at other TF's to get an overall picture of what the market is doing. I never just look at the M5 chart and make a judgement on it......which is what you're asking me to do here. If you are just going to look at the M5 chart and take any Genesis signal that comes along, you're not going to succeed."

So just my 2 cents: don't blame Genesis, blame yourself!

I really don't know what your problem is jimi....I mean, you running around FF dissing the Genesis system like you do. You're sounding rather pathetic because Genesis has been through all market conditions over the past 2 years and has handled all conditions very well. I have even posted 4 week tests on trading Genesis in the M15 TF, the M5 TF and even the M1 TF, and in all cases, the system was profitable. It has been traded on the H1 TF as well as the H4, so I'm not sure why you have this petty childish attitude, but lets see if we can find out, shall we?

Your first post here at FF was in Sept 2013, and you began like most newbies, asking typically newbie questions.

In November that year, I allowed you to post in the Genesis thread.....and in your first post there you said:

"At first, most important thing, I am unfortunately NOT a profitable trader yet. Why? Exactly, I don't know, because after many years trying, and tons of money lost, I'm just a bit confused......The only things I'm sure are I would be a full time trader, I do not want lose again, and I've not much time and money remained. So, any even little help from you will be really much appreciate." (http://www.forexfactory.com/showthre...77#post7110677)

My reply to you was: "A couple of points.....one is to not risk any money at all! Start a demo account with (say) $1,000 and trade that account wisely. When you have doubled that account, open a real account, but only for (say) $200. When you can turn that account into $400, then you might want to consider trading slightly larger lots as per the spreadsheet that you will find on the thread.

Another point is to focus on the job in hand...unless you get to know the system (any system) intimately, you will never succeed."

As we shall see, this advice, which is the help you asked for, was ignored by you.

So an unprofitable trader joins a proven system and asks for help, then ignores that help. Not off to a very good start there jim lad!!

Moving on....

In Early December, I thought you were getting the hang of things when you posted:

"No underwater days for now with M1/Method. Thank you very much RJ. I hope one day I'll be able to send back what I've received" (http://www.forexfactory.com/showthre...79#post7133479)

But then, you started getting cocky with your trading.....and remember, you were trading for real money, which goes against not only my advice, but also common sense! Yet there was a glimmer of hope on December 19, when all the competent traders had finished for the year as the market becomes dangerous for the next 3-4 weeks:

"today I remained stick with my rules and I've reached my daily target: 30. Thank you all for your useful help." (http://www.forexfactory.com/showthre...31#post7163931)

The next day.....when most of the traders were packing up for Christmas, and as I just said, it's a dangerous time to try to trade.....any competent trader knows this....but however, you said:

"I could post a lot of charts where you have all stochs aligned, all the matrix in the same colour and the price jump immediatly in the opposit direction with no more retracement. In any case, thank you a lot to all for the help you sent me, but I leave. good luck to all and thank you again." (http://www.forexfactory.com/showthre...92#post7168192)

My response at your exit from Genesis after just a few weeks was:

"You haven't understood that FX trading is not as simple as entering solely because stochs and matrix 'line up'. You have received some great advice from several people here, and you haven't even bothered to consider what I wrote in this post.

If trading this (or any system) was as simple as you seem to think it is, we would just make Genesis into an EA and watch the money roll in. Sadly, as I have said, FX trading takes time, dedication and understanding of how the markets work.

If you're not going to put in the 'hard yards' for as long as it takes, you are going to fail....and I don't mean that in a nasty way....but it's a fact!

Good luck searching for something that suits you, clearly Genesis isn't it......but I reiterate, without putting in the considerable effort required, no system will help you."
(http://www.forexfactory.com/showthre...15#post7168215).

And with that, you left the thread and I deleted your ability to post there.

Then you accuse me banning you, which I did not do. You left, as we can all see.

Lets have a look at some of posts to other threads shall we....right up to and including trading right through Christmas and New year, when all the banks are closed and it is simply THE most dangerous time to attempt trading

"I'm short but this crappy does not want to fall anymore............"
(http://www.forexfactory.com/showthre...37#post7173537)

"this shitty is going up again instead of falling.............."
(http://www.forexfactory.com/showthre...17#post7173617)

"Ready to close all my short positions ending the year in loss "
(http://www.forexfactory.com/showthre...64#post7176864)

"anyone is understanding what is this crappy doing? "
(http://www.forexfactory.com/showthre...37#post7184837)

"long and margin call"
(http://www.forexfactory.com/showthre...66#post7185066)

"no more money, the end"
(http://www.forexfactory.com/showthre...95#post7185095)

"I have no more"
(http://www.forexfactory.com/showthre...18#post7185118)

"Today I'm not able to figure out what this crappy is doing........."
(http://www.forexfactory.com/showthre...28#post7309528)

"what does this crappy pair doesn't wanna fall anymore?"
(http://www.forexfactory.com/showthre...96#post7318896)

"Damn............they are buying again.........."
(http://www.forexfactory.com/showthre...40#post7319240)


I could go on and on , but I'm sure that everyone gets the picture by now.

You have (allegedly) been trading for several years and you have not been able to be profitable. You ask for help and when it's given you don't listen to the help. Not just help that I have given, but many others have tried too.

You got a margin call, and it should come as no surprise when you tried trading through Christmas and New Year shut down period...FFS!

When the market goes against you blame the "crappy"...or the "damn buyers".....or you even have the gall to blame the system, and months later keep dissing the system because *YOU* can't trade this, or any other system. Simple logic shows how the Genesis system has *proved* itself through all market conditions on many time frames, provided the trader knows what he's doing.....which you don't.....and never did....and still don't.

You're not qualified to say whether a system works or not because you don't know the first thing about trading. In order to evaluate a system, you need to be (firstly) an experienced and profitable trader, and (secondly), you need to spend more than a few weeks with that system.

So I'm getting rather tired of you running around FF acting like some big shot, when it is abundantly clear to anyone who is bored enough to read your childish and temperamental posts.

If you don't like a system......just move on. To keep going to different threads to diss a well proven system is rather childish and it shows you up as a bit of an idiot, to be honest.

Hundreds of people use Genesis, not only here at FF, just Google 'Genesis Matrix Trading' and you'll see how popular it is.

Do you really think that hundreds and hundreds, probably thousands of people are all wrong and you alone are right???

You can't trade this, or any other system because you're emotional and arrogant. The market loves to take the money from people like you.....and quite frankly, so do I and the other Genesis traders. We need you to keep feeding the market so that we can make money.....and my bank account looks pretty good right now...thank you.

I don't know what is your problem with genesis. it works fine in all time frames and it is more reliable depending on the user, and how he uses.

earlier I used to work on m5 and m15, but now I have shifted to H1, sooner I will be shifting my focus on H4 time frame as recently, I have back tested the genesis on HTF, it works great and it yields the average of 400 to 700 pips per months depending on the volatility. Moreover I trust the system. so far it is been working on every level.

if you are complaining about the volatility, I suggest you go to H4 or H1 and test the genesis, you will know you can decently make reasonable amount of pips with less losses or almost no losses.

Pity on you blaming the system.

Again one quality post by RJ! Sad to see the original thread closed, I found it about month before it was shut down. Still I'm very thankful because this way the thread remained clean and well organized (the 1st post is AMAZING). If you ever decide to open a new thread here or elsewhere I would love to contribute.

I want to thank you Realjumper and whole Genesis team. It really is a fine system!

you are ...dead wrong ... a-g-a-i-n ... jimi boy
you never learn, huh?

this week has been a crappy session, lets hope next week would be a good one

For someone who was so gung ho about the thread earlier you possess such great negativity. I don't use genesis in my trading but I sure wont bash a system created with the intent to help traders become successful. There's not a system or indicator to make you profitable unless you find the time to understand how forex markets work.