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MKFXTrader replied May 29, 2013I didn't say anything that was degrading. My point is that you should try to learn and implement ONE system instead of jumping around like a jack rabbit asking newbie questions and then posting on wrong thread and confusing those that are dedicated ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied May 29, 2013This is the kind of thing that happens when NEWBIES jump around looking for the holy grail and NOT taking the time to actually learn ANY of the strategies or systems. If I was running this thread, I would ban you from both threads. Not trying to be ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied May 29, 2013
I spit coffee all over the screen. Thx for the laugh Erebus.Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied May 29, 2013Where's neckline sitting at RJ? I'd love for that to pop like a balloon.

Genesis Matrix Trading
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MKFXTrader replied May 29, 2013You make a good point but IMO, one could make an argument either way. Anyways, at this point in my trading career, doesn't matter to me except that the market moves.
Genesis Matrix Trading
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MKFXTrader replied May 29, 2013Everything sounds good with those two scenarios Marty, but that would make a case for USD strength not weakness IMO. Oh well, we'll find out soon enough.
Genesis Matrix Trading
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MKFXTrader replied May 29, 2013Probably. When PA moves like that, some times it's a prelude of things to come. Besides, as long as market moves, that's all that matters, no? I hate the ranging crap! We'll see what NY does. It may very well reverse just like yesterday.
Genesis Matrix Trading
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MKFXTrader replied May 29, 2013Not necessarily. Pretty normal at month end. I mean at some point even hedge funds have to take some profit, no? Fundamentals trump all. Who know what they are still holding. Just follow PA.
Genesis Matrix Trading
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MKFXTrader replied May 29, 2013Just found out there was a large hedge fund re-balancing, and closing out their USD long positions that attributed to the USD sell off. I would assume this will be just temporary USD weakness.
Genesis Matrix Trading
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MKFXTrader replied May 29, 2013German unemployment horrible=E/U rally and USD tanks.
Must be month end flows.
Genesis Matrix Trading
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MKFXTrader replied May 29, 2013Lol. Of course now everything is OB/OS and will probably be heading counter trend for me this morning, so I may just sit out and see if NY will back the truck up again today.
GL. Hope you did well Asian session.Genesis Matrix Trading
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MKFXTrader replied May 29, 2013Morning all. I left this GBP/AUD long trade overnight, as it was an HPT trade and woke up this morning to some 100 pips in profit!

Genesis Matrix Trading
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MKFXTrader replied May 28, 2013Forgot I still have one open position. GBP/AUD is a long HPT trade, so IMO, PA shouldn't hit SL. We'll see.

Genesis Matrix Trading
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MKFXTrader replied May 28, 2013Ok, now I'm really done for today. I couldn't resist. Both E/J and A/J shorts good for 70+ pips total. Total today +170 pips. All three trades were HPT trades. No losing trades. Thank you Mr Market and Genesis.

Genesis Matrix Trading
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MKFXTrader replied May 28, 2013Calling it a day. Looks like range bound into NY close. Chop and dice retail trader time. All the great moves today happened during Asian session. Most were counter trend anyways. GL everybody.
Genesis Matrix Trading
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MKFXTrader replied May 28, 2013My recommendation is for you to read the thread where there contains many explanations straight from 100pip. There isn't that many pages and you should do yourself a favor by reading it. We all have. Anything short of that is fishing to be spoonfed, ...
Third Screen Strategy - Dr. Alexander Elder