all aboard the eu express
pm1
pm1
Additional Indicators for the Genesis Matrix Trading System 683 replies
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DislikedThere's the divergence that Rags2RichesFX spoke of earlier.......but it shouldn't be traded on it's own...especially an M5 divergence. For our purposes, it adds fuel to the fire, so to speak! {image}Ignored
Disliked{quote} i actually am short euraud from those levels 1.4938 for some reason man... 50 and 00 always seem to be strong resistance, especially when coupled with divergencesIgnored
Disliked{quote} Oh ok...I couldn't tell whether the trade line was a buy or a sell, and I assumed it was a buy because you said it was counter trend.Ignored
Disliked{quote} I really need multiple screens... EU was a nice trade who took it.Ignored
Disliked{quote} that was for audusd long ,not euraud short (which is countertrend as well, but showed divergence on big TF)Ignored
Disliked{quote} that was for audusd long ,not euraud short (which is countertrend as well, but showed divergence on big TF) here is a one of my standard charts.. {image}Ignored
Disliked{quote} Pick me.....................+25 trailing stop............. PM1Ignored
Disliked{quote} EU has been so dormant lately that it has been placed on the 'backburner' for me.....good that you're taking some pips from it thoughIgnored
Disliked{quote} It was a nice trade just before dinner for me.........made dinner that much tastier. LOL. PM1Ignored
Disliked{quote} LOL...so it wasn't left over butter chicken then?!?! I had fish....or fush....depending on what school you went toIgnored
Disliked{quote} No tonight was sausage and sweet potato slow cooker (8 hrs to cook) with mash spuds. So you had fush...........what about the chups??Ignored
DislikedOk, here is the 515 PDF. It's not anything that you don't already know, but it might be interesting to some. For me.....this is the best way to trade because it means that when we are presented with a decent move, we should be able to gain maximum pips from it. I have touched on scaling in further entries on the same move, but this is a subject that needs it's own PDF because the subject is quite a lot to go through if we are to scale in safely. I'll start putting that document together soon In the meantime......this any (or may not) be useful....Ignored
Disliked{quote} Thanks for sharing your results RJ, all good stuff to know. It will be interesting to see how well this method works from September onwards. Just had one question. When using the 5 15 method at what point do are you moving your SL to BE? Is it any different from when you managed the trade on M5? Thanks TrekkerIgnored
Disliked{quote} Moving the SL to BE is just the same. The point of the M15 is to keep me in the trade by not get shaken out by a false counter move. Essentially the trade is entered on M5 as per normal, and once the trade is protected by the SL @ BE, then I watch the m5 and M15 charts side-by-side. If I see the price trying to pullback, I focus only on the M15 chart....I minimise the M5 chart sometimes to stop myself being influenced by it. When (and if) the move resumes, I go back to watching both chartsIgnored