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Genesis Matrix Trading

  • #10,861
  • Mar 18, 2013 1:08am Mar 18, 2013 1:08am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Have pivots lost their importance today after that downer? I wonder how to play them tonight?
  • #10,862
  • Mar 18, 2013 1:09am Mar 18, 2013 1:09am
Quoting steve d
Hello everyone, thanks for an interesting thread, special thanks to Real jumper for holding it all together,

I am in Australia and find the Asian markets a bit slow, any one else have the same problem..??

Are you all going for the Frankfurt/London session still..???

I will tune in now and watch the thread "live"...I would love a posted chart or 2

Best regards, Steve
Welcome Steve. I'm in Brisbane and after following Genesis Matrix since the start I will tell you a big secret - you should enjoy your day and wait for the London open to trade. The Asian market is very hit and miss plus the moves are small and usually take a while to go anywhere. Look at today - 25 pips range all day. On big news days it moves rapidly but since I stopped trading the Asian market my trading has been more consistent. Much easier to trade Euro pairs - trust me.

Have fun.
PM1
  • #10,863
  • Mar 18, 2013 1:20am Mar 18, 2013 1:20am
Thanks for posting a reply Sir, I am in Coff's Harbour, am going to Brizzie for the weekend...!!!

Do you follow this Genesis for all of your trading..???

Thanks for telling me to save my days, the weather is great here, too nice to sit inside...hahahahah.!!
  • #10,864
  • Mar 18, 2013 1:45am Mar 18, 2013 1:45am
Quoting Jamz
Have pivots lost their importance today after that downer? I wonder how to play them tonight?
Hard to say Jamz...you can see that S3 stopped the EU drop dead in it's tracks this morning. As a rule, 'gaps' get closed, but this one is big one and I wonder what kind of news can reverse the drop and close the gap. If that is to be the case, the pivots will assume their normal 'duties', but if a further drop is coming, then we will need to look at other s/r area's.

Might be an interesting day
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,865
  • Mar 18, 2013 2:04am Mar 18, 2013 2:04am
Quoting bobby2
It's there. They just moved it. On the 1st page look to the upper left corner beside the page. It's under the "Options" box.
Good grief!
I had to take a taxi to get to this page! So annoying!!!!
.... laughing all the way to the bank
  • #10,866
  • Mar 18, 2013 2:13am Mar 18, 2013 2:13am
Just want to share this trick use the 725 at the end of the page so as next page comes type 726 so no matter on what page you stand you will be redirected to last one !
currently 725 ,
  • #10,867
  • Mar 18, 2013 3:09am Mar 18, 2013 3:09am
@PipMonster1 Actually the buttons you were searching for are on every page except the "New Reply" page.
  • #10,868
  • Mar 18, 2013 3:50am Mar 18, 2013 3:50am
Quoting bobby2
I did something I usually don't do. I held an EU short over the weekend. I had visions of the market opening huge gap up. As everyone knows by now just the opposite happened. I woke up this morning to find +94 pips in my account. This didn't happen because of any special talent on my part so I'm not looking for kudos. It happened because of that insane Euro plan to tax all bank depositors in Cyprus. I feel sorry for the Cypriots, but I'll take the pips.
Exactly the same thing happened to me just with EJ +268. Totally by accident.
  • #10,869
  • Mar 18, 2013 3:59am Mar 18, 2013 3:59am
Quoting nikz
Exactly the same thing happened to me just with EJ +268. Totally by accident.
It's great that you guys got all those pips over the weekend, but it so easily can go the other way, and there's no guarantee that a weekend SL will do it's job. Take your pips but also be mindful that people can lose big time on such a weekend move, and some even wake up to see mister margin call at the breakfast table!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,870
  • Mar 18, 2013 4:14am Mar 18, 2013 4:14am
Nice Genesis signal, EJ at London open.
What the mind does not know, the eyes cannot see
  • #10,871
  • Mar 18, 2013 4:29am Mar 18, 2013 4:29am
Quoting padila
Nice Genesis signal, EJ at London open.
under daily Pivot can be a good signal infact under S3
  • #10,872
  • Mar 18, 2013 4:30am Mar 18, 2013 4:30am
Quoting realjumper
It's great that you guys got all those pips over the weekend, but it so easily can go the other way, and there's no guarantee that a weekend SL will do it's job. Take your pips but also be mindful that people can lose big time on such a weekend move, and some even wake up to see mister margin call at the breakfast table!!
I never leave open positions not only during weekends but not even after the end of the trading day.
If though I was to leave an open position, this would be only a short one.
So many things can go wrong during a market break which could lead the market straight down at the next opening (physical disasters, terrorist attacks, any type of turmoil etc).
I can not think of many reasons (apart from Central Banks interventions) that could gap up the markets.
Enter Signature
  • #10,873
  • Mar 18, 2013 4:34am Mar 18, 2013 4:34am
Quoting thomasK
I never leave open positions not only during weekends but not even after the end of the trading day.
If though I was to leave an open position, this would be only a short one.
So many things can go wrong during a market break which could lead the market straight down at the next opening (physical disasters, terrorist attacks, any type of turmoil etc).
I can not think of many reasons (apart from Central Banks interventions) that could gap up the markets.
Me too.....I close everything before I sleep every night.....I sleep easier that way!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,874
  • Mar 18, 2013 4:40am Mar 18, 2013 4:40am
Quoting padila
Nice Genesis signal, EJ at London open.
I meant between the vertical red lines, from S3 to S2.
Attached Image (click to enlarge)
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What the mind does not know, the eyes cannot see
  • #10,875
  • Mar 18, 2013 4:40am Mar 18, 2013 4:40am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
I found those signals were before London and also below S3 or just moved above which made me a bystander on that trade....playing super safety mode with my money tonight but imagined taking it and held on to S2 at 123.24 for an imaginary 80 pips......could I have really lasted that long????.....
Attached Image (click to enlarge)
Click to Enlarge Name: ej tonight.jpg Size: 71 KB
  • #10,876
  • Mar 18, 2013 4:46am Mar 18, 2013 4:46am
Quoting realjumper
It's great that you guys got all those pips over the weekend, but it so easily can go the other way, and there's no guarantee that a weekend SL will do it's job. Take your pips but also be mindful that people can lose big time on such a weekend move, and some even wake up to see mister margin call at the breakfast table!!
Thanks RJ.
I will never again forget to close position before the weekend, that's for sure. As you said, even with SL, I doubt that it will be executed with market open if the news have very high impact and we are on the opposite side.
  • #10,877
  • Mar 18, 2013 4:51am Mar 18, 2013 4:51am
Quoting nikz
Thanks RJ.
I will never again forget to close position before the weekend, that's for sure. As you said, even with SL, I doubt that it will be executed with market open if the news have very high impact and we are on the opposite side.
Yeah....9 times out of 10 we can get away with it....but we can't predict the future. Earthquakes, nuclear power-station meltdowns or whatever. It's not worth the risk.....well, it's not to me anyway!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,878
  • Mar 18, 2013 4:52am Mar 18, 2013 4:52am
Quoting Jamz
I found those signals were before London and also below S3 or just moved above which made me a bystander on that trade....playing super safety mode with my money tonight but imagined taking it and held on to S2 at 123.24 for an imaginary 80 pips......could I have really lasted that long????.....
I wouldn't take the first signal cause I don't like position of the M15 stohastic for going long.

Just my thought.
  • #10,879
  • Mar 18, 2013 4:55am Mar 18, 2013 4:55am
so should it means entries below S3 or above it S2 or betweem them can be consider to take or should wait till price crack the daily pivot
sorry for this stupid question!
  • #10,880
  • Mar 18, 2013 4:58am Mar 18, 2013 4:58am
Quoting nikz
I wouldn't take the first signal cause I don't like position of the M15 stohastic for going long.

Just my thought.
The first one was i think much smooth , stohastic climbing up , but the second one , showing the m15 stohastic going to expand which showing good bulls runs !
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