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Genesis Matrix Trading

  • #10,281
  • Mar 1, 2013 1:58am Mar 1, 2013 1:58am
Quoting realjumper
Trade with the trend....not against it.

Edit. And pay attention to the stoch......I really don't need to explain it to you again do I? Go back and look at your charts that I reposted....it is VERY clear to see the high probability trades with the 2 stochs.......please reread what I have said in reply to posts and re-read the links on Post #1 regarding the stoch.
about yersteday it was a mistake. I don't want to ask again. sorry))

But 30.01 on signal 3 we have rebound from R2 and both stoch we in a good position, is not it?
  • #10,282
  • Mar 1, 2013 2:06am Mar 1, 2013 2:06am
Quoting Ksander
about yersteday it was a mistake. I don't want to ask again. sorry))

But 30.01 on signal 3 we have rebound from R2 and both stoch we in a good position, is not it?
Compare the stoch where I have marked it on this chart, to what you have on signal 3
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,283
  • Mar 1, 2013 2:14am Mar 1, 2013 2:14am
Quoting realjumper
I don't think they can bring the EU down any more that Greece was supposed to bring it down. It's just scaremongering from the idiots who love to hear the sound of their own voices. The Italians are rightfully saying that they don't want to be dictated to by muppets who live, not only in another country, but on another planet. Remember that the EU parliament has no mandate....they are not elected....they are highly paid muppets who only see the balance sheet, not the plight of the *real* people. When was the last time Barroso or Draghi or any of...

I love me some Nigel Farage. He articulates what most in England feel at the moment but our wimpy politicians in power don't have the guts to do. Meanwhile they've dangled the referendum carrot at us, to keep us quiet till 2015.

That aside... Italy is a much bigger problem than Greece. Their GDP is what... about 7 times that of Greece? And the Italians won't bend over like Greece ... lol They can easily go back to their lira if things don't work out for them so I don't see them having an incentive to play ball- unlike Greece who stood to lose so much.
.... laughing all the way to the bank
  • #10,284
  • Mar 1, 2013 2:18am Mar 1, 2013 2:18am
Quoting itsallover
I love me some Nigel Farage. He articulates what most in England feel at the moment but our wimpy politicians in power don't have the guts to do. Meanwhile they've dangled the referendum carrot at us, to keep us quiet till 2015.

That aside... Italy is a much bigger problem than Greece. Their GDP is what... about 7 times that of Greece? And the Italians won't bend over like Greece ... lol They can easily go back to their lira if things don't work out for them so I don't see them having an incentive to play ball- unlike Greece who stood to lose...
Meantime Britain send £53 million per day to EU........
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,285
  • Mar 1, 2013 2:18am Mar 1, 2013 2:18am
Looks like a very busy day.

News every 30M. Have to be carefull.

KC.
  • #10,286
  • Mar 1, 2013 2:22am Mar 1, 2013 2:22am
Quoting realjumper
Meantime Britain send £53 million per day to EU........

.... don't even go there .... lol
.... laughing all the way to the bank
  • #10,287
  • Mar 1, 2013 2:26am Mar 1, 2013 2:26am
Currently Long on E/J

+15Pips so far.

I did not go on the signal right away.

Was very close to the DP.

Chart is messed up.

I waited for the 15M stoch and 5M to go White/Blue.

Think was lucky.

Know what reply is going to come from RJ.

Have to control these emotions.

KC.
Attached Image (click to enlarge)
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  • #10,288
  • Mar 1, 2013 2:26am Mar 1, 2013 2:26am
Good morning,

I'm sure it has been posted a gazillion times already, but thread is 600+ pages long so haven't gotten the chance to read everything. I was wondering, in case of a breakout at DP, we wait for a retest of DP towards the downside, and if it holds and everything else spells "uptrend", we go long... or do we wait for a second retest?

I'm asking because I remember reading somewhere that DP usually gets tested twice... correct me if I'm wrong.
  • #10,289
  • Mar 1, 2013 2:32am Mar 1, 2013 2:32am
Quoting WDays
Good morning,

I'm sure it has been posted a gazillion times already, but thread is 600+ pages long so haven't gotten the chance to read everything. I was wondering, in case of a breakout at DP, we wait for a retest of DP towards the downside, and if it holds and everything else spells "uptrend", we go long... or do we wait for a second retest?
Good question.

This is the Dilama I had with my EJ trade.

Dont know to wait for the re-test.

Then took the trade when I saw the 15 Stoch also truned buy signal.

Have to wait for RJ or other experienced traders reply.

KC.
  • #10,290
  • Mar 1, 2013 2:37am Mar 1, 2013 2:37am
Quoting itsallover
.... don't even go there .... lol

I really don't know why we're not out yet. I mean out out seeing as we're not really in.
We've been swamped with needless regulations that are not only expensive to implement but are mostly a farce. Our identity, our edge is slowly being eroded by the requirement that we be like the rest of Europe which is old and uncompetitive lol
We can't get out fast enough lol
.... laughing all the way to the bank
  • #10,291
  • Mar 1, 2013 2:39am Mar 1, 2013 2:39am
Quoting KCV
Currently Long on E/J

+15Pips so far.

I did not go on the signal right away.

Was very close to the DP.

Chart is messed up.

I waited for the 15M stoch and 5M to go White/Blue.

Think was lucky.

Know what reply is going to come from RJ.




Have to control these emotions.

KC.
Yes that long was a little premature
.... laughing all the way to the bank
  • #10,292
  • Mar 1, 2013 2:43am Mar 1, 2013 2:43am
Quoting itsallover
Yes that long was a little premature

HI ItsAll,

Thanks.

Can you put little bit more words.

Is it a wrong trade.

Thanks.
KC.
  • #10,293
  • Mar 1, 2013 2:44am Mar 1, 2013 2:44am
EJ trade - Stopped Out at +5

KC.
  • #10,294
  • Mar 1, 2013 2:51am Mar 1, 2013 2:51am
Italy as USA. We enter in the gotha of financial world. It's the first time I see an italian data to move the market in this way...... I'm seriously thinking the italian politicians has to find a good solution in short time.
  • #10,295
  • Mar 1, 2013 2:54am Mar 1, 2013 2:54am
Quoting KCV
HI ItsAll,

Thanks.

Can you put little bit more words.

Is it a wrong trade.

Thanks.
KC.
I don't know and can't really tell if it's a wrong trade obviously, but personally I did not take it because signal was below DP, and if I were to go long I'd wait for price to test DP (after the breakout has occurred) like what it's kinda doing now... and if I get long signals on 3 of my other pairs I might consider going in... But so far I see this on m15... I don't think I am experienced enough for people to take my advice though, so I'm only sharing my POV.

*edit* snap forgot to attach
Attached Image (click to enlarge)
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  • #10,296
  • Mar 1, 2013 2:55am Mar 1, 2013 2:55am
Quoting KCV
HI ItsAll,

Thanks.

Can you put little bit more words.

Is it a wrong trade.

Thanks.
KC.
Entering a trade right in front of new is very risky....for me....I will and do wait until everything settles down. If you're already in a trade, then you can either exit, or take the risk of staying in. If your SL is already in profit then you don't have anything to lose, but if your trade is not yet in profit, you have to decide whether to carry the risk or not. I try to stay out at news times....too much of a coin flip for me.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,297
  • Mar 1, 2013 3:00am Mar 1, 2013 3:00am
Quoting KCV
HI ItsAll,

Thanks.

Can you put little bit more words.

Is it a wrong trade.

Thanks.
KC.
PA had previously been in a downtrend so it may have been better to wait for at least a higher low unless there was something else that made that long more likely- like a bounce off a pivot.


Sorry please ignore the above. Just seen your double bottom. So stick with what RJ said
.... laughing all the way to the bank
  • #10,298
  • Mar 1, 2013 3:05am Mar 1, 2013 3:05am
Quoting realjumper
Entering a trade right in front of new is very risky....for me....I will and do wait until everything settles down. If you're already in a trade, then you can either exit, or take the risk of staying in. If your SL is already in profit then you don't have anything to lose, but if your trade is not yet in profit, you have to decide whether to carry the risk or not. I try to stay out at news times....too much of a coin flip for me.

Ty RJ.

I was lucky got out at +5.

KC.
  • #10,299
  • Mar 1, 2013 3:06am Mar 1, 2013 3:06am
Quoting itsallover
PA had previously been in a downtrend so it may have been better to wait for at least a higher low unless there was something else that made that long more likely- like a bounce off a pivot.


Sorry please ignore the above. Just seen your double bottom. So stick with what RJ said
Make sense now.

Ty for all your help.

KC.
  • #10,300
  • Mar 1, 2013 3:12am Mar 1, 2013 3:12am
Quoting realjumper
Meantime Britain send £53 million per day to EU........
For what, just a whole bunch of red tape, that ties us up in knots

Great deal !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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