In hindsight I guess you're right. But if I haven't got a clue what's going to come out of the mouths of people who are influential in financial markets, I just wait till they're done. People like Drahgi, Yellen, POTUS, Carney, etal, have cost me ...

Genesis - continuation

Whoops! I lied. Couldn't help it image Kaplan's yakkin' in a minute. I'm out. image

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LOL!! Sure eenough, as soon as I got out price heads back toward my entry. Genesis and ASCTrendi say buy. Uh-uh. No thank you. image

Genesis - continuation

Nope. Not this time. EU suddenly became anemic after the NY open, at least for the 1st hour. I entered too late and stayed too long. I tried to predict where price would go. I disregarded signals telling me where to get out. I broke the rules. I was ...

Genesis - continuation

I think NY is SL hunting. I'll wait. image

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Now my S&R indicator indicates the move up might be finished. Hmmmm. I'm gonna hang here for a bit. image

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EU on M5 just be a few minutes before NY open (yellow dotted line). Entry price is 1.17939. Next round number is 1.8000 Resistance marker at 1.1799. Here is where I use the Auto TP.set for 6 pips. Hesitated to enter because Genesis was already 3 ...

Genesis - continuation

Exit at 1.17327 because of current TF stoch crossing up from under the MTF stoch for 8 pips. Soon after exit, got a support signal from S&R indicator on chart (lower chart). image image

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Current EU short. Today is US and Canada bank holiday. image image

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This week was a little rough for me, for everybody I think. North Korean missiles and threats, U.S. political infighting, D.T. tweets and speeches, Jackson Hole Symposium, inflation concerns, Euro$ appreciating, sudden spikes, choppy markets, yada, ...

Genesis - continuation

Notice anything strange? AUDUSD M15 today image DAX M15 today image

AUD/USD

I don't know what it is. But I wish they'd stop it. The other thing is that between Aug. 15th and the first week of Sept., the market is more erratic than usual because a lot of traders take off this time of year. Less volume, more volatility, and ...

EURUSD

Just now. image

EURUSD

USD just refuses to close above 94.00 on the DX. Until that happens we can probably forget about a break below 1680 for EU. It spiked to 94.05 once, but closed at 94.00. As I write this it just plunged to 93.87 and the Euro spiked up. Every other ...

EURUSD

Sydney closes the same time Frankfurt opens. Tokyo closes 2 hours after London opens.

EURUSD

I'm not exactly sure what new traders or new users are expecting when they begin using the Genesis Matrix Trading System (GMTS). I'm sure you're hoping that this trading system is the answer to all your prayers. It can be. But here's the thing. ...

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Quote: liquidice Post 940: "I just tried the GMTS on M5, am really surprised to see how essential it is to use the pivot .. wow ... I was trading only using H1 before but tomorrow I'll try to use M5." Pivot points, simply put, are historical ...

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If you could post a chart with an example of the situation you are describing, it would help us see what you are seeing. But just from what you described, TF=H1, ASCTrend indicator signaling sell, but no other trading signals until 11 hours later, ...

Genesis - continuation

You're welcome. Glad you found it useful. Though I don't consider it better, just a different view is all. Not everyone sees things the same way.

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My apologies. I misunderstood your post. It sounded like you were new to Genesis and confused about whether or not the stochastic was a necessary part of GMTS.

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