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Genesis Matrix Trading

  • #2,821
  • Aug 22, 2012 8:14am Aug 22, 2012 8:14am
in AU. there was a CAD news 830 EST. and AU seemed to have the perfect set up... did not meet today's quota. definitely one of the hardest days to trade!
Attached Image
  • #2,822
  • Aug 22, 2012 8:15am Aug 22, 2012 8:15am
I did see somewhere , not sure where, that someone had overlayed the proper candles with a black outline on top of the ashi candles, it did look quiet neat. if i can find it i will post it.
  • #2,823
  • Aug 22, 2012 8:19am Aug 22, 2012 8:19am
Quoting magdelen
I did see somewhere , not sure where, that someone had overlayed the proper candles with a black outline on top of the ashi candles, it did look quiet neat. if i can find it i will post it.

"Proper candles?????"..............lol
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,824
  • Aug 22, 2012 8:19am Aug 22, 2012 8:19am
Quoting Thoughts
Oh dear, its another apple fan...lol
Wish I owned some apple shares right about now!
  • #2,825
  • Aug 22, 2012 8:23am Aug 22, 2012 8:23am
Quoting yelena
in AU. there was a CAD news 830 EST. and AU seemed to have the perfect set up... did not meet today's quota. definitely one of the hardest days to trade!
Yes it was, I am down about 10 on the day!
  • #2,826
  • Aug 22, 2012 8:28am Aug 22, 2012 8:28am
Quoting yelena
10 pips is recoverable. sometimes, when pissed off i lose as much as 5% in a day. but don't thread that way. its a disaster waiting to happen. be patient. missing out on trades is a smaller tuition to pay than blowing up one's acct.
For me.. this day was today
Pursuit of happiness
  • #2,827
  • Aug 22, 2012 8:29am Aug 22, 2012 8:29am
Quoting realjumper
"Proper candles?????"..............lol
What can i say RJ, its the eastender in me
  • #2,828
  • Aug 22, 2012 8:35am Aug 22, 2012 8:35am
Quoting magdelen
What can i say RJ, its the eastender in me
Ever see the Two Ronnie's and their Four Candles?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,829
  • Aug 22, 2012 8:38am Aug 22, 2012 8:38am
Quoting realjumper
Ever see the Two Ronnie's and their Four Candles?

yes it was classic, laughed my head off, specially when he asked for some
ose
  • #2,830
  • Aug 22, 2012 8:40am Aug 22, 2012 8:40am
Quoting magdelen
yes it was classic, laughed my head off, specially when he asked for some
ose
Those two were brilliant!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,831
  • Aug 22, 2012 8:43am Aug 22, 2012 8:43am
Quoting realjumper
Those two were brilliant!

Dont foreget about Del Boy and Rodney, monj tu
  • #2,832
  • Aug 22, 2012 8:46am Aug 22, 2012 8:46am
Quoting magdelen
Dont foreget about Del Boy and Rodney, monj tu
And Arkright and Granville
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,833
  • Aug 22, 2012 8:49am Aug 22, 2012 8:49am
http://i.imgur.com/hRHQE.jpg
Is this a valid setup?
i took long at 2460
sl 15 pips below
  • #2,834
  • Aug 22, 2012 8:53am Aug 22, 2012 8:53am
Quoting Nif90
Is this a valid setup?
i took long at 2460
sl 15 pips below
Yep...the set up was good.....plus the pivot bounce.....plus the bounce off the supporting fib. News in 7 minutes though so bear that in mind
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,835
  • Aug 22, 2012 8:55am Aug 22, 2012 8:55am
Quoting realjumper
Yep...the set up was good.....plus the pivot bounce.....plus the bounce off the supporting fib. News in 7 minutes though so bear that in mind
i brought up my stoploss above my price, at least i will exit the trade with a profit
  • #2,836
  • Aug 22, 2012 8:56am Aug 22, 2012 8:56am
Quoting Nif90
i brought my stoploss above my price, at least i will exit the trade with a profit
Perfect
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,837
  • Aug 22, 2012 8:56am Aug 22, 2012 8:56am
Quoting realjumper
Yep...the set up was good.....plus the pivot bounce.....plus the bounce off the supporting fib. News in 7 minutes though so bear that in mind

Source released data 40 minutes earlier than scheduled;
  • #2,838
  • Aug 22, 2012 8:56am Aug 22, 2012 8:56am
Quoting Nif90
Is this a valid setup?
i took long at 2460
sl 15 pips below
Very valid; PA unfolded as desired
http://www.forexfactory.com/showthre...92#post5948792
Out for +26
  • #2,839
  • Aug 22, 2012 8:57am Aug 22, 2012 8:57am
Quoting yelena
sorry to hear that my friend. but if you have this insatiable impulse to trade, close your real account and switch to demo.

the goal is not to recover the loss, but to remove the impulse that can increase the loss. then live to trade another day! protecting the capital is the primary goal. increasing it is just secondary.
Fantastic advice! Certainly lines I have to remember
  • #2,840
  • Aug 22, 2012 9:01am Aug 22, 2012 9:01am
Quoting morris1
Source released data 40 minutes earlier than scheduled;
Yes, you're correct.....I just saw that in the calendar. Pretty sneaky of them!!!
Doing what you like is Freedom. Liking what you do is Happiness.
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