Damn, another loss
Genesis Matrix Trading 22,277 replies
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DislikedHi Adeleke. Unfortunately I could only give 3 hours to trading today so missed the move. I would suggest updating your M15 stoch settings as lastingwell suggested from 5,3,3 to 11,3,3. Did you enter at the point you took the screen shot? I have overlaid the m15 stoch -mtf onto the chart and it doesnt look too convincing. I know hindsight trading is the easiest thing in the world to do but i prefer the second red line on the below chart. Not only does the m15 stoch look better but price has made a series of higher lows from support and at some point...Ignored
DislikedHey guys, after reading the original thread back and forth, I've finally found something useful to keep myself disciplined. The hardest thing for us is to find a way to read stoch properly. I've concluded that there are only 2 types of "valid genesis setup" what we call as HPT Perfect M5 entry 1) has "JUST" come down from OB/OS 2) Stoch has "JUST" reached "50" level 3) "Must" open clearly above or below SMA 5 4) Genesis full color M5 stoch pull back and go in the same direction with M15 stoch 1) M15 "must cross "50" level 2) M5 either just hit "50"...Ignored