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Genesis Matrix Trading

  • #6,501
  • Oct 31, 2012 1:58am Oct 31, 2012 1:58am
Quoting PipMonster1
Are we happy to trade EU short? Why would/wouldn't we? (Apart from just before Frankie Open)

I did have a chart attached..........
It is tempting I agree, but given yesterdays bullish move straight after Frankie open, I'll wait a bit longer and see what happens
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,502
  • Oct 31, 2012 2:04am Oct 31, 2012 2:04am
Quoting realjumper
It is tempting I agree, but given yesterdays bullish move straight after Frankie open, I'll wait a bit longer and see what happens
Thanks RJ. With the market going sideways here do you wait until there is a decisive break above/below this PA coupled with a Genesis signal?

If the market were to break above PA - you'd wait for a valid Genesis Signal (of course)...but if it broke below...the current Genesis signal is short....would you take that trade?
  • #6,503
  • Oct 31, 2012 2:11am Oct 31, 2012 2:11am
Quoting PipMonster1
Thanks RJ. With the market going sideways here do you wait until there is a decisive break above/below this PA coupled with a Genesis signal?

If the market were to break above PA - you'd wait for a valid Genesis Signal (of course)...but if it broke below...the current Genesis signal is short....would you take that trade?
If it breaks south, I would let it go....the DP is only 15 or so pips below so I would wait t see the reaction when it gets there. if it's going to break north, I would expect to see that set up reflected in the stoch and mtf stoch
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,504
  • Oct 31, 2012 2:16am Oct 31, 2012 2:16am
Quoting PipMonster1
Are we happy to trade EU short? Why would/wouldn't we? (Apart from just before Frankie Open)

I did have a chart attached..........
Well, Genesis said "short" , so you could have taken short... A trade could always anytime be closed.
This time Genesis was right, PA is going south now, although very slow
There`s no life before COFFEE!
  • #6,505
  • Oct 31, 2012 2:19am Oct 31, 2012 2:19am
Quoting jalkok
Well, Genesis said "short" , so you could have taken short... A trade could always anytime be closed.
This time Genesis was right, PA is going south now, although very slow
Veryyyy slow for this time of the day....

Just wondering why AU hasn't broken yet...........??
  • #6,506
  • Oct 31, 2012 2:43am Oct 31, 2012 2:43am
Is this a no brainer??
Attached Image (click to enlarge)
Click to Enlarge Name: eu3110122.gif Size: 18 KB
  • #6,507
  • Oct 31, 2012 2:51am Oct 31, 2012 2:51am
Quoting PipMonster1
Is this a no brainer??
Ticks all the boxes
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,508
  • Oct 31, 2012 2:56am Oct 31, 2012 2:56am
My last 2 trades on Gold have been losers for me.
Took this one earlier and now moved SL to B/E+
Be nice if it can keep going
Attached Image (click to enlarge)
Click to Enlarge Name: gold 31 oct.gif Size: 24 KB
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  • #6,509
  • Oct 31, 2012 3:01am Oct 31, 2012 3:01am
http://i219.photobucket.com/albums/c...l/20121031.jpg

entering long on E/U couple minutes ago

+ 10 pips
  • #6,510
  • Oct 31, 2012 3:02am Oct 31, 2012 3:02am
Quoting Gumrai
My last 2 trades on Gold have been losers for me.
Took this one earlier and now moved SL to B/E+
Be nice if it can keep going
Good luck with your gold trade....I'll stick to currency I think
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,511
  • Oct 31, 2012 3:05am Oct 31, 2012 3:05am
Quoting vahn

entering long on E/U couple minutes ago

+ 10 pips
I'm in the same trade, but one candle earlier.....the PA is knocking on yesterdays high so if it breaks that, R1 could be a target
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,512
  • Oct 31, 2012 3:06am Oct 31, 2012 3:06am
Quoting realjumper
Good luck with your gold trade....I'll stick to currency I think
The World's original currency ?
Please Do Not PM Me With Coding Enquiries
  • #6,513
  • Oct 31, 2012 3:08am Oct 31, 2012 3:08am
Quoting Gumrai
The World's original currency ?
LOL......that's true!! But now we prefer paper.....go figure!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,514
  • Oct 31, 2012 3:11am Oct 31, 2012 3:11am
Quoting realjumper
I'm in the same trade, but one candle earlier.....the PA is knocking on yesterdays high so if it breaks that, R1 could be a target
There goes yesterdays high.....SL to+5.....looking for R1 now
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,515
  • Oct 31, 2012 3:14am Oct 31, 2012 3:14am
I know how quickly price can reverse on Gold so put on a trailing stop of 20 points, so at least 30 points locked in
Attached Image (click to enlarge)
Click to Enlarge Name: gold 31 oct no 2.gif Size: 23 KB
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  • #6,516
  • Oct 31, 2012 3:15am Oct 31, 2012 3:15am
Quoting realjumper
There goes yesterdays high.....SL to+5.....looking for R1 now
SL+5 from entry price? R1 at 1.3000 right?
  • #6,517
  • Oct 31, 2012 3:18am Oct 31, 2012 3:18am
Quoting vahn
SL+5 from entry price? R1 at 1.3000 right?
Yep and yep
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,518
  • Oct 31, 2012 3:20am Oct 31, 2012 3:20am
Yen getting hammered!
  • #6,519
  • Oct 31, 2012 3:23am Oct 31, 2012 3:23am
Quoting sho
Yen getting hammered!
Yes it is.....I just closed my EJ trade, but I didn't take CJ or UJ because I was committed on EU......Noda will be loving it!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,520
  • Oct 31, 2012 3:25am Oct 31, 2012 3:25am
Quote
Yes it is.....I just closed my EJ trade, but I didn't take CJ or UJ because I was committed on EU......Noda will be loving it!!

Nice trade!

That was around ~40-45 pips
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