Slightly off topic ... but I had to laugh when I checked my spam folder today ... no wonder the US economy is struggling, apparently Mr Ben Bernanke is giving away $10.5 mill to a lot of people! I mean really, wouldn't you choose someone less famous ...

Genesis Matrix Trading

Successful trade from earlier, 32 pips off of EJ. Reasons for trade : Good stochs, particularly m5 & m15 Good bounce off of DP Down appears to the dominant direction last 24 hours or so Risks : Pre LO Recent trend could have been interpreted as up ...

Genesis Matrix Trading

Was in on the CJ short ... got to around +15 also but I decided to stay in trade as thought it would potentially go down further ... however just exited now as it had stalled for quite a while so only took +10 ... of course, minute I exit it starts ...

Genesis Matrix Trading

Thanks for the video ... definitely clears up some confusion I was having ... I think I'm going to do a Bart Simpson impersonation, pull up a chalkboard and write 100 lines of ... It's about where the move began. It's about where the move began. ...

Genesis Matrix Trading

In some ways what happened is exactly related to the same reason you entered the trade ... that that line had been acting as a strong resistance, so likely there's a lot of orders clustered around there ... but once broken through, there was clear ...

Genesis Matrix Trading

If you're considering going against the trend, as a minimum you should at least have higher high / lower low in the direction you intend to trade, and/or a double bounce off of a support line - one bounce off of a support line is generally not ...

Genesis Matrix Trading

I caught the beginnings of the EJ trade ... regrettably I exited when the spanish unemployment numbers came out, just in case ... hindsight is a wonderful thing. Also took what seemed like an ok AU trade (good stochs, double bottom bounce off of S3) ...

Genesis Matrix Trading

Pretty motionless apart from that jump up on EU and everything just before ... Days like this are bad for me, because something happens and you think "aha! action! let's go" ... but invariably you enter and it goes back to being motionless. It must ...

Genesis Matrix Trading

Took that one as well for 35 pips also (well, 34.9, but who's counting!) ... got the CJ signal about 5 mins earlier, was iffy about that one so left it, went in on EJ when EJ signalled ... wasn't sure about exiting when it started to slow down, but ...

Genesis Matrix Trading

Yeah I came out with +9 ... not a lot, but it is the right colour at least!

Genesis Matrix Trading

About time I started sharing trades .... they won't be perfect, far from it, and as such I am very open to any feedback etc Trade - AUDUSD m5 Reasons for entry : Lower high Below daily pivot m5 stoch coming down - would prefer it without the small ...

Genesis Matrix Trading

Good ol' Auckland for me ... and loving the summer, it's like one of those mysterious "when I was young we had long hot summers" summers!

Genesis Matrix Trading

February 2013 already, who would've thought it! I was never particularly noisy on this thread but have been here since the start ... however haven't really had a decent amount of time to put into trading for about 4 months now, so glad to see the ...

Genesis Matrix Trading

Similar but on EU long which I knew was slightly risky ... and I knew the news was coming, although wasn't expecting such a sharp reaction, and especially not ready for a sharp reaction before the news arrived (seems it shot down a couple of minutes ...

Genesis Matrix Trading

Hmmm, London open was almost an hour ago now.

Genesis Matrix Trading

Risky in that it's not even Frankfurt open yet ... trading pre Frankfurt is not advised ... you'll probably be lucky and make some pips out of this one as it's probably driven by the Aus interest rate drop ... but, not something to make a habit of, ...

Genesis Matrix Trading

The fact that NY was about to open could also be a con in my book, and in this case it appears to have changed direction right on market open. One recurring theme in this thread is in situations like that to wait for a double bounce before going ...

Genesis Matrix Trading

Ah yep, for me it means 1 less, then 2 hours less trading per day - which no doubt makes a difference! ... Roll on the days where I might be disciplined and consistent enough to just be a trader!

Genesis Matrix Trading

In RJ's words, if the arrow doesn't show up shortly after the genesis signal, it's often a sign the entry may not be such a good one.

Genesis Matrix Trading

One option is to split your trades ... Close half your trade at 10 - 15, set BE on the other half, and then let the other half continue ... Has pros and cons ... Pro - there'll be times the remaining half trade gallops away and you make more pips ...

Genesis Matrix Trading