Hi LFN. I think I understand your question. To answer it, I need to ask a question of you. Once you enter a trading position, where do you exit? The stochastic indicator and the Genesis Matrix give us different information. The matrix tells us of ...

Genesis - continuation

Here are the charts of 8 currency pairs all on M5 time frame about an hour and a half before the NY Open. You can see the local (Chicago) time in the lower right-hand corner, I think it's 5:36 am. NY opens at 7 am here. Look to the far right on each ...

Genesis - continuation

Uh-oh. It didn't bounce this time. Whoops! If you want to trade against the next higher time frame, and you have a good reason, do it. But NEVER, EVER, trade against the CURRENT time frame trend. If both agree, that's great. Often they don't. But ...

Genesis - continuation

On M5 we get another scissors icon at Support. Oh, Oh, Oh are you thinking what I'm thinking? Entry rules be damned!!. It's gonna bounce up again. It's been doing this since Friday afternoon. Free pips. A sure thing. DON'T DO IT!!! If you do it now ...

Genesis - continuation

For the moment a ranging market. You could slip down to M1 and grab a few pips. M5 EURUSD image Same chart, but on M1 image

Genesis - continuation

Pretty good Buy signal on EURUSD just before Tokyo Open. Just not enough volume to break through Resistance. Again you see the Scissors icon. If you were long you need to get out 1st bar after the icon. Green head but red spike closing below the ...

Genesis - continuation

This in my PDF notes attached to GMTS Winner folder, but I want this part to be public regardless of who downloads the files. To ALL of the people involved in the development of the original Genesis Matrix Trading System, THANK YOU SO VERY MUCH for ...

Genesis - continuation

Now, almost 1 hour past the Open, we have 2 nice, red price bars closing below both MAs saying "Adios Senor Pips!!" Stoch is plunging. MTF Stoch crossed down. Winner is red. Genesis is red. Only one indicator says stay long. ASCTrend Matrix still a ...

Genesis - continuation

Everything says BUY!! PLUS we have a support bar forming. Good Lord!!! We MUST BUY NOW!! Shouldn't we? Nope I don't care what it does until Tokyo gets in the game. Then possibly, maybe. image

Genesis - continuation

Here we have a stronger signal. ACSTrend Matrix-2TF all lit up. You want to enter now? Uh-uh, not me. image

Genesis - continuation

Now here is a shot of the next candle. Look at the MTF Stochastic. In the 1st image it had crossed. now it hasn't. My guess is it will hang out around the Open for a while. At the moment it's is just resting on the 50 MA. Will it break out above ...

Genesis - continuation

Here's an example of why experience is important. EURUSD, Sunday here, Monday morning in Australiia. Opened lower, Closed higher, Matrix says Buy. Stoch says Buy. EMA 5 and LWMA 50 say Buy. Price candle says Buy. Winner says Buy! Buy! Buy! But I ...

Genesis - continuation

Hi josch. Thanks for the kind words. It's not a typo. I changed it to 50. It seems good for all time frames. The MA that catches the trend exactly doesn't exist. By its nature it can't react until PA makes up its mind. All we can do is try to catch ...

Genesis - continuation

If anyone is using the GMTS Winner template that I posted a while back, here is an updated version that I have found beneficial. Please read the the PDF text notes included. After all my experimenting with different versions of GMTS, I came back to ...

Genesis - continuation

I don't post here a lot because my style of trading is not predictive. I have no idea what will happen next. I do have a ton of respect for traders who have the analytical skills to predict with amazing accuracy where price will go and clearly ...

EURUSD

No problem josch.

Genesis - continuation

No problems here. But I don't use dashboards. image

Genesis - continuation

IMHO, I think you've done a good job of identifying valid entries.

Genesis - continuation

BTY josch. Reminder: It's Friday plus banks are closed in UK, Germany, Canada, and China. US Stock Market is closed (not US banks). 8:30 EDST USD news. Watch out for sudden changes in direction and volatility spikes.

Genesis - continuation

For GMTS users, here's something I am having a look at. Just started using it today, so please don't ask me if it's profitable, how long I've been using it, etc. I don't know yet. There is a TE set up on my profile. It is set for beginning April 12, ...

Genesis - continuation