Exited with minus 7 points with the opposite Genesis signal. Didn't take the long though, because the high has proved to be strong resistance. I've been practicing on the Gold M5 charts, not using too much discretion for entries, but getting out ...

Genesis Matrix Trading

Opened a short on Gold M5. Price had formed a triple top Divergence with stoch? I'm aware that there is a support level 8 pips below, so will keep an eye on PA, ready to exit if necessary

Genesis Matrix Trading

Had a steady run, but not given any genesis signals short until half hour ago

Genesis Matrix Trading

Appreciate if you could post a chart with your reasons for taking the trade. Looking at my chart, I don't see a Genesis trade that yielded 40 pips. Maybe difference between brokers' charts?

Genesis Matrix Trading

Ideally, I like to be able to identify a trend in the TF that I am trading, but I will often look at higher tf. If I see a trend in a higher tf, I will be more likely to give a trade a bit more room to breathe. I still like the good old 123 ...

Genesis Matrix Trading

I know English is not your first language, not sure what you are asking. The Daily pivot is 1.00176 on my USDCAD chart

Genesis Matrix Trading

Interesting stuff, well done The problem with statistics is that they can always be interpretated in a different way. Looking at your results I can see that When price broke S1, it also broke S2 38.87% of the time When price broke S2, it also ...

Genesis Matrix Trading

Hi Mark, With the EJ earlier, looking to the left it's quite obvious that the market is ranging. More recently it was in an even tighter range. When price breaks out of a range as EJ did. I don't trade the break-out as they often prove to be false ...

Genesis Matrix Trading

Care to post a chart and reasons for your trade? My problem is that I am missing these good moves because I don't like the PA at the time and the market takes off without me

Genesis Matrix Trading

Excellent. You are a trader, not a gambler

Genesis Matrix Trading

Hi Frenetic, Yes, I have to agree with you. When there is a strong trend in the higher tf, there are many opportunities to trade against that trend in the lower tf. A trend in a lower tf is simply a retrace, not a reversal in a higher tf. When ...

Genesis Matrix Trading

By that, I guess that you took the short on M5? I am happy that it is working out well for you, but H1, H4 and Daily all show a strong upmove. Personally, I only look for Long opportunities with AU, because of the carry trades, especially on a ...

Genesis Matrix Trading

I really want to go short on my beloved Gold. Had a break down from the range, but proved to be a fakie Another break down, but the stochs are such a mess that I'm gonna continue sitting on my hands. If I look at the hourly charts, PA is all over ...

Genesis Matrix Trading

I don't know about you guys and gals, but I'm starting to think that I must have missed a month. By that, I don't mean that I'm worried about being pregnant - that would make history. What I mean is when the western markets start to wind down in ...

Genesis Matrix Trading

As EJ pointed out, the BRN caused problems for your trade. I don't know about you, but I am so focused on PA that I don't usually notice BRN

Genesis Matrix Trading

I couldn't decide whether to take this trade or not. So I didn't Not sure what you mean with "high1" in the way. Do you mean that it looked like it could be forming a double top. I think that you make valid points. Some people may also find that ...

Genesis Matrix Trading

EU seems to be headbutting a strong resistance zone that is about 12 pips wide. Doesn't give me confidence in any longs for the moment and with 1.2700 once again acting as support, probably not going to get any nice short set-ups

Genesis Matrix Trading

If you are a newbie trader. first thing that you have to learn is that "luck" should not be necessary There are successful traders There are un-successful traders And there are unsuccessul traders that think that they are unlucky and also ...

Genesis Matrix Trading

Discussing which subjective considerations supercede an otherwise valid Gen signal is very good and useful. The problem is that different traders have different ideas of what is important and we all have our own trading styles. Genesis seems to be ...

Genesis Matrix Trading

In my chart posted here, I really only see one really good set-up and that is number 3. It is in the direction of the main move and everything looks good on M5 Number 8 would have worked well, but I would not have taken it as I can't get hold of a ...

Genesis Matrix Trading