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MKFXTrader replied May 23, 2013Great question. Although the hourly ASC had not flipped green, hourly stochs was pointing up (at a 1 or 2 O'Clock angle) and just came out of O/S conditions, thus it was in line with the prevailing trend(HTF). Remember I said ripple+wave+tide=HPT. ...
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Already closed Gold position out for 40 pips. All three trades today were all positives and "HPT". All in line with the tide and wave. Will post results of the two open trades later.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Current G/J trade. Currently up 80+ pips. SL set to BE.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Current E/J trade. Currently up 60+ pips. SL set to BE.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Oh, Well that is the reason I use it. Sorry I didn't understand question.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013I'm not sure I understand the question but I think Xaphod provides a great explanation.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Most of the time NY just ranges after the first two hours anyways. It slices, dices and kills the average retail traders. You're not missing anything. IMO, your trading time it most optimal for a full time trader.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Hmm. What's up? U need to keep it off thread?
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013I think I need to move to NZ. That is the best times to trade IMO. Long day for you though.
Genesis Matrix Trading
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MKFXTrader replied May 23, 2013Hello guys. Just caught up on all post since yesterday evening. I have seen a couple of posters with not such successful trades, even though they THINK they are trading with the higher TF trend. You must realize that after yesterday's very bearish ...
Genesis Matrix Trading
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MKFXTrader replied May 22, 2013Last trade for the day. Gold good for +250 full pips. Overall 350+ pips today on Gold, G/U and E/J. Crude hit B/E after initially being up like around 40 pips. All trades were "HPT". No losing trades. Thank you Mr Market and Genesis.. Good nite all. ...
Genesis Matrix Trading
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MKFXTrader replied May 22, 2013Better to stay out til he stops yapping. Should be like an hour from now.
Genesis Matrix Trading
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MKFXTrader replied May 22, 2013Yep. You got it. These big boys already know where price is going. You just have to know how to look and see.
Genesis Matrix Trading
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MKFXTrader replied May 22, 2013I wouldn't make it a habit to trade while HIGH IMPACT news is being reported. Especially when Bernanke or Draghi speaks. You were lucky IMO. Look at PA reverse. Sometimes being lucky is better then being good.
Genesis Matrix Trading
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MKFXTrader replied May 22, 2013It's just a knee jerk reaction from retail traders. If you look at the candles, you'll see there are alot of selling into the move higher on most pairs. News allows market makers to move price in order to facilitate large orders into the move. ...
Genesis Matrix Trading