Genesis Matrix Trading

yep we are on the same page.

I've learned lots from you too and can tell a smart, diligent trader from a 'wannabe'. Keep up the great trades and thanks for the welcome.

Draghi is supposed to be yappin in a minute....take care....

Nice to see you back kosmo

Morning/evening all,

Took this EJ long shortly after LO and exited with +68 as PA stalled just below R2.

Very nice trade, I was with you on this one !!

Thanks Marty, I knew I was in good company

We have Mr Draghi to thank !!

Martyfish

Thanks for responding to my questions

snarlyjack

No problem SJ, hope it helped.

I do try to answer people's questions, but I will be brutally honest.

Nice trade, Jo/Marty

Missed the EJ entry. Managed to scrape +20 pips AU short.

Is anybody looking at EURAUD ?

whats your thought?

I had to go out...right at the best/worst time....lol! Never mind....I hope you all pulled in some pips on the back of Draghi's yappin? I had 2 trades running so it wasn't a total missed opportunity for me, but some of the pairs have done quite well I see.

Unfortunately I didn't have anything on EA before I left, but it's doing very well, as it often does this year.

Some news from the G8 'Meeting' that I found a moment ago might interest some. I'll post the text because the link is full of other crap.

US-EU trade agreement back on table

The United States and the European Union launched talks on Monday to create one of the world's most ambitious free-trade zones, as France again underscored its determination to protect its movies and culture.

A trans-Atlantic free trade agreement was first considered three decades ago but was knocked down by France in the 1990s. Europe has now managed to get Paris onside, opening the way to a deal that could boost the EU and US economies by more than US$100 billion ($125 billion) a year each.

"This is a once-in-a-generation prize and we are determined to seize it," said British Prime Minister David Cameron, flanked by US President Barack Obama and leaders of European Union institutions before a Group of Eight summit in Northern Ireland.

The United States and Europe account for almost half of the world's total output and a third of its trade.
France had threatened to block the start of talks until the EU's other 26 governments accepted its demand to shield movies and online entertainment from competition from Hollywood and Silicon Valley. Paris eventually won at least a temporary exclusion for such industries.

Tensions came to a head again on Monday after European Commission President Jose Manuel Barroso told a newspaper that opposition to opening Europe's culture industry to competition was "reactionary" and part of an anti-globalisation agenda.

French President Francois Hollande said the comments had been a "bit of a shock, a bit of a surprise" and France would not allow the issue back on the negotiating table.

Barroso, aware of the upset in Paris, stressed he believed help was needed for some forms of culture which "are not exactly like other sorts of goods". But, with an eye on Washington, he said audiovisual services could yet be put on the table.

"I hope this is understood by our American partners," he said.

Obama warned against narrowing the scope of the talks. "It is important that we get it right and that means resisting the temptation to downsize our ambitions or avoid tough issues just for the sake of getting a deal," he said.

Those tough issues are likely to include agriculture.

The American Farm Bureau Federation, representing big USagricultural interests, urged Washington to do away with the "endless array of non-tariff barriers" in Europe to its exports, including for genetically modified crops.
While US and EU negotiators are aware that a final deal will be tough to clinch, they are also conscious of the rising power and influence of China and the need to deepen Western economic integration in order to compete with Asia.


'POLITICAL WILL'

The United States and the European Commission, the executive arm of the 27-country European Union, hope for a free-trade deal by the end of 2014 - a tight deadline in complex international trade talks that usually take many years.

"We must maintain that political will in the months ahead," Cameron said.

The London-based Centre for Economic Policy Research estimates a pact - to be known as the Transatlantic Trade and Investment Partnership - could boost the EU economy by €119b a year, and the US economy by €95b.

However, a report commissioned by Germany's non-profit Bertelsmann Foundation said the United States may benefit more than Europe. A deal could increase GDP per capita in the United States by 13 per cent over the long term but by only 5 per cent on average for the European Union, the study found.

Businesses on both sides would like an agreement in which a car tested for safety in the United States would not have to be tested again in Europe, and a drug deemed safe by Brussels would not have to be approved as well by the US government.

Following the collapse of global trade talks in 2008, both the United States and Europe have sought to strike as many free-trade agreements as possible, and Brussels alone is negotiating with more than 80 countries.
The first round of EU-US negotiations will take place in Washington on July 8, the White House said in a statement.
- Reuters

Thanks RJ, interesting read.

Typical France being the biggest stumbling block !!

Indeed Marty......I think I hear the French farmers all warming up their tractors as we speak!

Morning @ all,

hmmm and again, missed lot of pips. But i really need my beauty sleep

Stop teasing, Fame! I know you always have something up your sleeve

Nice day today ... it`s 16:45 o`clock here in Germany sunny and I just saw 29°C ... so no coffee but a nice cold beer (pils)

just closed eurusd-long with +46pips.. be here tomorrow again ...