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Genesis Matrix Trading

  • #6,681
  • Nov 2, 2012 2:34am Nov 2, 2012 2:34am
DP + genesis
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  • #6,682
  • Nov 2, 2012 2:35am Nov 2, 2012 2:35am
Quoting werther
DP + genesis
In the same trade off the lower high/DP and m5 stoch crossing down from OB.
  • #6,683
  • Nov 2, 2012 2:42am Nov 2, 2012 2:42am
Quoting realjumper
You said:




I'm trying to ascertain who "everyone" is who are operating on the wrong time setting. So who are you talking about?
Anyone on the planet that is speculating on the FX market.
  • #6,684
  • Nov 2, 2012 2:44am Nov 2, 2012 2:44am
Quoting Jandre
Anyone on the planet that is speculating on the FX market.
I can assure you that here in London that is not the case. Myself and the people that I know in the industry are not getting up one hour earlier than usual.
  • #6,685
  • Nov 2, 2012 2:45am Nov 2, 2012 2:45am
Quoting insainty
Hi, can you enlighten me a little on this, You said the Stochastic is bad but i am not able to find a difference between the shown Stochastic and the Stochastic that came earlier for the profitable short entry
where can I find the stochastic mtf bar thanks
  • #6,686
  • Nov 2, 2012 2:47am Nov 2, 2012 2:47am
Quoting sho
In the same trade off the lower high/DP and m5 stoch crossing down from OB.
Closed it manually for a loss.

NFP Fridays...
  • #6,687
  • Nov 2, 2012 2:50am Nov 2, 2012 2:50am
Quoting Jandre
Anyone on the planet that is speculating on the FX market.
No....we had a 30 pip drop that began 90 minutes before Frankie opened. That takes a a lot of doing, to move the market 30 pips with such force.

You said: "I think these moves are happening before session open because everyone is still operating on the same schedule before the time change?"

So who is "everyone" who are apparently all shorting all these pairs at exactly the same time?......based on the wrong daylight saving time?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,688
  • Nov 2, 2012 2:53am Nov 2, 2012 2:53am
Quoting sho
Closed it manually for a loss.

NFP Fridays...
Frankie can be unpredictable like that sometimes......London might bring some clarity.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,689
  • Nov 2, 2012 2:55am Nov 2, 2012 2:55am
Quoting realjumper
No....we had a 30 pip drop that began 90 minutes before Frankie opened. That takes a a lot of doing, to move the market 30 pips with such force.

You said: "I think these moves are happening before session open because everyone is still operating on the same schedule before the time change?"

So who is "everyone" who are apparently all shorting all these pairs at exactly the same time?......based on the wrong daylight saving time?
I have no idea who is shorting, i was just wondering if that's why the market has been moving before open lately?
  • #6,690
  • Nov 2, 2012 2:58am Nov 2, 2012 2:58am
Quoting sho
Closed it manually for a loss.

NFP Fridays...
Took the same trade; small loss - 6
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #6,691
  • Nov 2, 2012 2:58am Nov 2, 2012 2:58am
Quoting Jandre
I have no idea who is shorting, i was just wondering if that's why the market has been moving before open lately?
This wasn't "before open", but at the time (6.40-45) that people at the banks in Frankfurt, Geneva, and Zurich get to their desks.

The move was likely one of them taking advantage of the thin pre-NFP markets to trigger some stops below yesterday's low.
  • #6,692
  • Nov 2, 2012 3:00am Nov 2, 2012 3:00am
Quoting Jandre
I have no idea who is shorting, i was just wondering if that's why the market has been moving before open lately?
That's what I'm trying to get across to you man.....not trying to pick a fight, but I'm saying that to move the market in such a way takes a lot of power. It is inconceivable that it is done by many people based on the wrong time setting. It is equally inconceivable that a big player who is in charge of such market moving power is operating on the wrong daylight saving time!

A much more plausible reason is: http://www.forexlive.com/blog/2012/1...-early-wobble/
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,693
  • Nov 2, 2012 3:01am Nov 2, 2012 3:01am
Quoting realjumper
Frankie can be unpredictable like that sometimes......London might bring some clarity.....
Yep, Frankie open can be hit or miss at times...
  • #6,694
  • Nov 2, 2012 3:04am Nov 2, 2012 3:04am
Quoting sho
Yep, Frankie open can be hit or miss at times...
I'm guessing that your SL was above the swing high?.....if so it wouldn't have been hit....and here comes London open.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,695
  • Nov 2, 2012 3:06am Nov 2, 2012 3:06am
Quoting medici
This wasn't "before open", but at the time (6.40-45) that people at the banks in Frankfurt, Geneva, and Zurich get to their desks.

The move was likely one of them taking advantage of the thin pre-NFP markets to trigger some stops below yesterday's low.
Please remember that Tokyo and Asian markets are still open, and the Western banks have branches there..
Imparo ancora
  • #6,696
  • Nov 2, 2012 3:06am Nov 2, 2012 3:06am
Quoting realjumper
I'm guessing that your SL was above the swing high?.....if so it wouldn't have been hit....and here comes London open.
Yes, it was above the swing high above the DP.

If a trade isn't working out, I always exit for a small to medium size loss before my SL is hit...

Gotta protect that capital!!
  • #6,697
  • Nov 2, 2012 3:06am Nov 2, 2012 3:06am
Quoting erksa
Please remember that Tokyo and Asian markets are still open, and the Western banks have branches there..
What's your point?
  • #6,698
  • Nov 2, 2012 3:08am Nov 2, 2012 3:08am
Quoting sho
Yes, it was above the swing high above the DP.

If a trade isn't working out, I always exit for a small to medium size loss before my SL is hit...

Gotta protect that capital!!
Yeah....I do the same unless the SL is very cheap, but it would have been -20 ish for you?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,699
  • Nov 2, 2012 3:09am Nov 2, 2012 3:09am
Quoting medici
What's your point?
My point is that the western banks there would have got short. That hours are not empty hours.
Imparo ancora
  • #6,700
  • Nov 2, 2012 3:11am Nov 2, 2012 3:11am
Quoting realjumper
Yeah....I do the same unless the SL is very cheap, but it would have been -20 ish for you?
SL was around ~10 pips because market retraced upwards a little after the signal candle so was able to get a decent SL and entry.

Loss was around 5 pips...
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