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Genesis Matrix Trading

  • #15,761
  • Jun 27, 2013 1:53am Jun 27, 2013 1:53am
Was it just my broker, or other broker also had a spread around 18-20 pips for G/U with the GBP news release?
My short position closed as SL, showed by the small triangle arrow, while the current price 18-20 pips below my SL by that time..
-dc-
Attached Image
  • #15,762
  • Jun 27, 2013 2:01am Jun 27, 2013 2:01am
Quoting dreamcatcher
Was it just my broker, or other broker also had a spread around 18-20 pips for G/U with the GBP news release? My short position closed as SL, showed by the small triangle arrow, while the current price 18-20 pips below my SL by that time.. -dc- {image}
... nice trade dreamcatcher..... just a shame about those criminals and their extortionate rates . 18-20 is off the scale
.... laughing all the way to the bank
  • #15,763
  • Jun 27, 2013 2:15am Jun 27, 2013 2:15am
Quoting itsallover
{quote} ... nice trade dreamcatcher..... just a shame about those criminals and their extortionate rates . 18-20 is off the scale
Thnx... yes, it should be a winning Genesis setup today. I am thinking about going back to fix spread account. This is the second time I saw around 20 pips spread, last time it was EJ in NFP day.
Well, meanwhile I am still looking for next Genesis setup...
  • #15,764
  • Jun 27, 2013 2:41am Jun 27, 2013 2:41am
Quoting jinchu
{quote} why did you close your EJ?
Quoting WDays
{quote} Because I like targetting the nearest S/R level and the RN was in the way Trade was intended to go for around 17 pips, I got 16,7 so I'm happy For me, you can't go wrong if you tp at the nearest S/R. If it breaks it will provide a new entry opportunity once it retraces to the resistance that will then have turned support, and I will have another entry point until the next resistance. Right now, we can't be sure that it's going to break for certain, despite what the CSM says... Also german unemployment change in 30 minutes. That's the...
See what I mean?
  • #15,765
  • Jun 27, 2013 2:47am Jun 27, 2013 2:47am
Quoting WDays
re-entry trade on EJ. I know matrix wasnt ready, but UJ was, so I just went in a few seconds before the close of the candle. {image}
Thanks for a great chart and posting, BTW what is the 5 ema guide for you at the moment.??

I have noticed the EMA on many recent posted charts seems to be different to my 5 ema...please tell..

Thanks
Onwards and upwards...
  • #15,766
  • Jun 27, 2013 3:22am Jun 27, 2013 3:22am
Quoting soccerfan
{quote} Thanks for a great chart and posting, BTW what is the 5 ema guide for you at the moment.?? I have noticed the EMA on many recent posted charts seems to be different to my 5 ema...please tell.. Thanks
Well it's like I said before, I don't pay too much attention to MAs... One is a 30 EMA, the other is a 200 EMA. The 30 EMA i use to analyse the slope and try to trade in its direction. The 200 EMA is sort of a moving target for CT trades because I trade away from it, except when there's enough space for price to move towards it...
  • #15,767
  • Jun 27, 2013 3:51am Jun 27, 2013 3:51am
Hi, please tell where i can find your Heiken Ashi candle indi.
Thank you
  • #15,768
  • Jun 27, 2013 4:18am Jun 27, 2013 4:18am
Quoting WDays
{quote} Well it's like I said before, I don't pay too much attention to MAs... One is a 30 EMA, the other is a 200 EMA. The 30 EMA i use to analyse the slope and try to trade in its direction. The 200 EMA is sort of a moving target for CT trades because I trade away from it, except when there's enough space for price to move towards it...
O.K. thanks very much,

i wonder if any of the GENESIS traders have considered using the trade explorer, i find it good to keep me focused and to inform other traders of positions we are in,

Regards, S
Onwards and upwards...
  • #15,769
  • Jun 27, 2013 4:39am Jun 27, 2013 4:39am
Quoting soccerfan
{quote} O.K. thanks very much, i wonder if any of the GENESIS traders have considered using the trade explorer, i find it good to keep me focused and to inform other traders of positions we are in, Regards, S
My positions are pretty short term and I almost always post my trades after they are completed (and a few times as I took them), and also from what I understand the idea is not to give the traders here trade ideas, but to help them learn to trade the genesis way...

Quoting HarryV
Hi, please tell where i can find your Heiken Ashi candle indi. Thank you

They're in the mt4 indicators list, under "custom"
  • #15,770
  • Jun 27, 2013 4:59am Jun 27, 2013 4:59am
Did anybody take any trades on EJ? If only m15 arrows had come earlier... I did not want to trade against them, so I just watched it happen... twice.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ2.png Size: 63 KB
  • #15,771
  • Jun 27, 2013 5:19am Jun 27, 2013 5:19am
Quoting soccerfan
{quote} O.K. thanks very much, i wonder if any of the GENESIS traders have considered using the trade explorer, i find it good to keep me focused and to inform other traders of positions we are in, Regards, S

I use trade explorer on one of my accounts but its private because I want to analyse what I'm doing, don't want to have everyone analyse it I promise to make it public when I've made my first million
  • #15,772
  • Jun 27, 2013 5:21am Jun 27, 2013 5:21am
Quoting WDays
Did anybody take any trades on EJ? If only m15 arrows had come earlier... I did not want to trade against them, so I just watched it happen... twice. {image}
You mean the short WD?.
No, I was looking at longs on that pair seeing as it was above the MA 60
.... laughing all the way to the bank
  • #15,773
  • Jun 27, 2013 5:24am Jun 27, 2013 5:24am
US news in 5 minutes.
  • #15,774
  • Jun 27, 2013 5:27am Jun 27, 2013 5:27am
Quoting lastingwell
{quote} I promise to make it public when I've made my first million
..... bet it won't be too long now.....
.... laughing all the way to the bank
  • #15,775
  • Jun 27, 2013 5:29am Jun 27, 2013 5:29am
Quoting itsallover
{quote} You mean the short WD?. No, I was looking at longs on that pair seeing as it was above the MA 60
It hit against the RN 3 times and stochs were confirming the rejection. It was bound to drop to the next level in line after failing to pierce thru several times. I did not take it because M15 arrow was bullish at the time, though.. trying to stay disciplined with no exception :/

time for US news...
  • #15,776
  • Jun 27, 2013 5:32am Jun 27, 2013 5:32am
Quoting WDays
time for US news...
GAH Need to start thinking faster!!! I killed my EA short manually at b/e, because I saw everything turning red and I assumed it was a dollar positive release!! I only noticed later, that I was looking at EJ and UJ (correlated and influenced by the dollar which just got weaker)... EA is going to fly. Damn it, I should have rehearsed in my mind before it was time to act!!

edit: chart attached.. sigh
Attached Image (click to enlarge)
Click to Enlarge Name: EA.png Size: 26 KB
  • #15,777
  • Jun 27, 2013 5:36am Jun 27, 2013 5:36am
Quoting WDays
{quote} GAH Need to start thinking faster!!! I killed my EA short manually at b/e, because I saw everything turning red and I assumed it was a dollar positive release!! I only noticed later, that I was looking at EJ and UJ (correlated and influenced by the dollar which just got weaker)... EA is going to fly. Damn it, I should have rehearsed in my mind before it was time to act!!


.... practice for next time....
.... laughing all the way to the bank
  • #15,778
  • Jun 27, 2013 5:38am Jun 27, 2013 5:38am
I'm a little out of sync today so I haven't entered any trades... hopefully I can snap out of it...
.... laughing all the way to the bank
  • #15,779
  • Jun 27, 2013 5:44am Jun 27, 2013 5:44am
Quoting itsallover
I'm a little out of sync today so I haven't entered any trades... hopefully I can snap out of it...
We all get days like that and when we're like it, the most sensible thing to do is stay out so you can say you're being very sensible today
  • #15,780
  • Jun 27, 2013 5:45am Jun 27, 2013 5:45am
Closing my trade at +2,5 was maybe for the best. PA seems to want to re-test up (and down on AU)... CSM was right after all Had i kept it open I'd be stopped at b/e by now

Quoting itsallover
I'm a little out of sync today so I haven't entered any trades... hopefully I can snap out of it...

That's okay, road to 200 is ahead of you !
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