I don't even bother to look at silver. It's a 4 point spread with my broker and as high as 8 with others I believe.As a % a 4 point spread on silver would equate to a 16 pip spread on EU and who would trade with a spread like that? Unfortunately ...

Genesis Matrix Trading

Well I used to trade mainly H1 and higher tf. I am finding Genesis excellent when spotting a possible set-up in a higher tf and then dropping 1 lower to find the entry. I am very pleased with the way that this has worked with gold. Seeing a possible ...

Genesis Matrix Trading

I have to admit that I am really not very good at reading M5 charts. I find it difficult to discern between market noise and reliable S/R. At the time of this trade, I looked at the M15 chart and read PA as Downmove retracement stopped at S1 Lower ...

Genesis Matrix Trading

Another thing about the importance of setting a SL. My daughter came home from school and fell asleep on the sofa. She woke up and was crying because she didn't feel well. At that time, my focus was fully on my daughter and so I took care of her. My ...

Genesis Matrix Trading

Took the short on EU, but waited a while because of the long tail on the signal candle. Ready to bail out if PA moves against me to much

Genesis Matrix Trading

Another thing with trading without a SL. The unexpected can happen sometimes and you could find yourself without an internet connection and unable to exit a trade. A few years back a ship's anchor ripped out some undersea cables and we had very bad ...

Genesis Matrix Trading

Last week when you said to me to be wary of support on EU at 1.2700 it still didn't sink in with me that it was a BRN.

Genesis Matrix Trading

Big Round Number RJ's AU trade was just bout on 1.0400

Genesis Matrix Trading

Can't blame you for that, Happens to me so often But when I looked at the trade on my M15 chart and back to M5, I can see that it is one of the better looking set-ups. Certainly ticks a lot of boxes. PS thanks for the vouch. Very kind of you

Genesis Matrix Trading

Not afraid of the BRN ?

Genesis Matrix Trading

I might go out tomorrow and get a few cans of Dulux. If I do a bit I can then sit and watch paint dry - more exciting than watching the markets

Genesis Matrix Trading

Problem is that this can be confusing to newbie traders. This wasn't a Genesis trade was it? You took the trade while the matrix was indicating a buy.

Genesis Matrix Trading

Is your DP different to mine, 1.2729? This means that you took this trade above the DP, so there had been no rejection.

Genesis Matrix Trading

End of the week, I'm feeling a bit jittery and so moved stop to B/E

Genesis Matrix Trading

Seriously? A level that proved to be minor support back in May on the daily charts?

Genesis Matrix Trading

Price was moving quickly when I took this short, so lost a few pips already

Genesis Matrix Trading

Beacause of my local time, I often trade the Asian session. Maybe a year ago almost exclusively EJ. Recently we are seeing more good moves on EU originating during the Asian session. If I see a good signal on EU early doors, I will take it. Open an ...

Genesis Matrix Trading

Personally I wouldn't have entered before FF open, because PA had been ranging (blue box). There was a breakout up which prove to be a fakie and the short signal was given when price re-entered the congestion zone. There was then a breakout to the ...

Genesis Matrix Trading

If you look at the EU trade that you mention 65 min before FF open, you will see that it went 5 pips (minus spread) into profit and then 6 pips (plus spread) into loss. Also there was a matrix signal long. Price basically went nowhere for over an ...

Genesis Matrix Trading

I'm a bit rusty with divergences, been a while since I used them. Is this what you look for? Assuming that the price doesn't go down further and break the previous low, of course

Genesis Matrix Trading