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Genesis Matrix Trading

  • #16,981
  • Aug 15, 2013 1:06am Aug 15, 2013 1:06am
I missed all the Tokyo action today...such is life....perhaps Frankie/London will offer something....don't forget that France and Italy are having a bank holiday today so be careful in case there are some radical moves......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,982
  • Aug 15, 2013 1:08am Aug 15, 2013 1:08am
Quoting realjumper
I missed all the Tokyo action today...such is lie....perhaps Frankie/London will offer something....don't forget that France and Italy are having a bank holiday today so be careful in case there are some radical moves......
Thanks RJ.

PM1
  • #16,983
  • Aug 15, 2013 1:19am Aug 15, 2013 1:19am
Quoting realjumper
I missed all the Tokyo action today...such is life....perhaps Frankie/London will offer something....don't forget that France and Italy are having a bank holiday today so be careful in case there are some radical moves......
Would be better to sit today out if a trader is Euro centric, in terms of currency traded? Not sure how Euro moved on it's holiday, but the USD usually is stale during holidays.
  • #16,984
  • Aug 15, 2013 1:21am Aug 15, 2013 1:21am
Quoting hunter101
{quote} Would be better to sit today out if a trader is Euro centric, in terms of currency traded? Not sure how Euro moved on it's holiday, but the USD usually is stale during holidays.
Well who knows?.....it might be a great session because Germany and London will have it all their own way.....or perhaps it will be quiet and erratic. Trade it as you see it, but take care. If you are in doubt....stay out!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,985
  • Aug 15, 2013 3:17am Aug 15, 2013 3:17am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Having a better MT4 platform it is a relief to see that the pivots are correct. FXCM's MT4 is out by miles, the UJ for example shows DP out by 13 pips and S1 out by a massive 30 pips. When you have built up an understanding of how important these lines are to PA it is a pain to see that blunder.
  • #16,986
  • Aug 15, 2013 4:50am Aug 15, 2013 4:50am
Quoting Jamz
Having a better MT4 platform it is a relief to see that the pivots are correct. FXCM's MT4 is out by miles, the UJ for example shows DP out by 13 pips and S1 out by a massive 30 pips. When you have built up an understanding of how important these lines are to PA it is a pain to see that blunder.
Tell me about it

Cheers J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,987
  • Aug 15, 2013 5:01am Aug 15, 2013 5:01am
Hope everybody is making some pips

I dropped 40 pips in the Frankie Hour and pulled back 90 pips from London Open

For me, for now, FO = LPTrading, LO=HPTrading

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,988
  • Aug 15, 2013 5:25am Aug 15, 2013 5:25am
Quoting jjre65
Hope everybody is making some pips I dropped 40 pips in the Frankie Hour and pulled back 90 pips from London Open For me, for now, FO = LPTrading, LO=HPTrading J
JJ,

I've paper traded the FO and for me it was hit and miss. To this end I wait for the LO as you can now relate.

PM1
  • #16,989
  • Aug 15, 2013 5:28am Aug 15, 2013 5:28am
Hi guys,

Interesting news I read yesterday, about how EZ periphery yield spreads have been relatively narrowing, and there appears some stability on the EZ economic front.

But the major shift is that between EZ as the place for concern, has been replaced by China.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #16,990
  • Aug 15, 2013 5:28am Aug 15, 2013 5:28am
Quoting PipMonster1
{quote} JJ, I've paper traded the FO and for me it was hit and miss. To this end I wait for the LO as you can now relate. PM1
Amen to that PM1

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,991
  • Aug 15, 2013 5:52am Aug 15, 2013 5:52am
Quoting Martyfish
Hi guys, Interesting news I read yesterday, about how EZ periphery yield spreads have been relatively narrowing, and there appears some stability on the EZ economic front. But the major shift is that between EZ as the place for concern, has been replaced by China.
Hopefully Greece doesnt get left behind w low export ability
What effects on the FX markets in your eyes?

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,992
  • Aug 15, 2013 6:02am Aug 15, 2013 6:02am
Wonder if RJs watching EA...........................maybe hes run out of coffee
Winning isnt everything but coming second sucks (Charlie Brown)
  • #16,993
  • Aug 15, 2013 9:11am Aug 15, 2013 9:11am
Hellllloooooo,

had 2 CT on GJ and EJ.

GJ reaction of weekly R2
EJ reaction of weekly R1
Both with hard TP 50

It looks, there are more pips, but i am more then happy with 100pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gjm5.png Size: 10 KB
Click to Enlarge Name: ej m5.png Size: 10 KB
  • #16,994
  • Aug 15, 2013 6:30pm Aug 15, 2013 6:30pm
Quoting Fame of me
Hellllloooooo, had 2 CT on GJ and EJ. GJ reaction of weekly R2 EJ reaction of weekly R1 Both with hard TP 50 It looks, there are more pips, but i am more then happy with 100pips {image} {image}
Well that 100 pips puts fuel in the VW
Tight Stop Losses are False Economy - RJ
  • #16,995
  • Aug 15, 2013 6:48pm Aug 15, 2013 6:48pm
Quoting Pippicidal
{quote} Well that 100 pips puts fuel in the VW
he he, you right..


So my friends, here now a really good example thats important that need all your focus just on trading, when you trade.
What happen?

I would open a sell trade on EJ, in the same time a got a phone-call and answer this one..
No prob, after i was ready, i looked on my chart and saw, that i opened a BUY not a SELL trade
It was a high lot trade. Ok, now its really important that you close such trades immediately.

I closed the trade and opened a sell trade and closed the trade after 15 pips in profit. Yeah, maybe he will run now down, BUT in this time i am not able to trade.
I am happy to safe my account, and get my lost pips back.
Attached Image (click to enlarge)
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  • #16,996
  • Aug 15, 2013 7:23pm Aug 15, 2013 7:23pm
Quoting Fame of me
{quote} he he, you right.. So my friends, here now a really good example thats important that need all your focus just on trading, when you trade. What happen? I would open a sell trade on EJ, in the same time a got a phone-call and answer this one.. No prob, after i was ready, i looked on my chart and saw, that i opened a BUY not a SELL trade It was a high lot trade. Ok, now its really important that you close such trades immediately. I closed the trade and opened a sell trade and closed the trade after 15 pips in profit. Yeah, maybe...
Yep...that telephone can cause a big problem sometimes....I posted before that the telephone call I got just after the Japan earthquake/tsunami distracted me and I had my trade on the wrong way and I forgot the SL......that mistake of mine cost me more than $6k!! It was a hard way to learn to *FOCUS* on the job in hand......forget about the phone and everything else.....trading is work, and work is important!

My account survived too, but it's a lesson that I will not repeat!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,997
  • Aug 15, 2013 7:27pm Aug 15, 2013 7:27pm
Quoting jjre65
Wonder if RJs watching EA...........................maybe hes run out of coffee
Me???........run out of coffee???..........are you joking????........that would never happen!!!!

Yep I was in the EA trade, I was doing some other stuff as well so I just popped into the thread a couple of times but I had nothing to say....yeah, yeah.....I know what you're thinking!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #16,998
  • Aug 15, 2013 7:38pm Aug 15, 2013 7:38pm
Phone calls......................always a convenient time for the caller........................

PM1
  • #16,999
  • Aug 15, 2013 7:52pm Aug 15, 2013 7:52pm
Quoting PipMonster1
Phone calls......................always a convenient time for the caller........................ PM1
Yup.......but I won't answer if it's not a convenient time for me!! The answerphone takes care of it now
Doing what you like is Freedom. Liking what you do is Happiness.
  • #17,000
  • Aug 15, 2013 8:19pm Aug 15, 2013 8:19pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting realjumper
{quote} Yup.......but I won't answer if it's not a convenient time for me!! The answerphone takes care of it now

LOL.....have just turned cellphone off. Hate people who ring and then say, "I have to go now!" .....hey, you rang me!
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