Interesting, strong Man & services PMI data from Germany and FRANCE !!

Genesis Matrix Trading

Sorry RJ, but I dont think anyone could begrudge the English a summer holiday. We haven't had a "summer" for over 5 years, just "cold and floods", June through to September

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Interesting, I got back around 2pm-ish, and after about an hour unpacking, couldn't wait to turn on my computer, and check out the action. First full day back and got two small trades. Great to be back in flow !!

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Was thinking, perhaps I should have stayed longer

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Sorry I've been quiet recently, went off on holiday for 10 days to Spain. Anyway, back to business: Pimco just downgraded Spanish & Italian sovereign bonds, both to negative watch.

Genesis Matrix Trading

Seems all markets love pivots. I remember watching these webinars , a year or so ago, on commodities. The presenter had pivots on charts for all markets and based trades on basis of trades off pivots points

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Also that last spike on euro was Italy being downgraded by S&P

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IMF cuts 2013 GDP growth for: - US - EZ - China - Brazil IMF raises 2013 GDP growth for: - Japan - UK

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Now that is outstanding results !! Congrats RJ

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If the markets react like this too the mere hint of tapering,... Just imagine what will happen when the Fed eventually does actually STOP QE

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Great trade antantnz !! Pipmonster, there is a great lesson, ant would have complete confidence is the strength of the entry signal and stochs, and not faked out by PA going against his trade, initially.

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The info that Ransquawk give you is really interesting. Certainly keeps the boredom away, their chirping at me all day long

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RJ, Rumour in the market, SNB will introduce new measures to protect euro/swiss floor

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Now that was very nice GU pre-news fake out !!

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UK Services PMI 56.9 !!!!!

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Portugal political ruling party is falling apart. Finance Minister - Gone !! Foreign Minister - Gone !! Coalition junior party - Is leaving the Government.

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As your signature says "one pip at a time" !!

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antantnz, I dont trade this pair, but useful to look at CPM in this case, both USD & Yen have been strong today. So UJ not a high probability pair. There is more to consider than just pure Genesis signals. Just a thought.

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Hope everyone has a great weekend !!

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Addiction..... mmmm, yes that is a reasonable conclusion !!

Genesis Matrix Trading