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Symphonie Trader System

  • #381
  • Sep 28, 2011 1:49am Sep 28, 2011 1:49am
Quoting realjumper
Price is now 3585, so SL is to BE + spread
I didn't exit this trade yet, but if t was for real money I would have done so. Here is the M5 chart without Evals indies.......see how the stoch has turned?.....I would exit and take the 30pips because of that.

Just something to bear in mind.......
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #382
  • Sep 28, 2011 2:06am Sep 28, 2011 2:06am
Quoting realjumper
You're very welcome.....if I can help out in some way then I'm happy to do so. There are many, many traders more experienced than I at ForexFactory and it would be great if we could all help each other.

Because my time zone is different to many peoples, I have no choice other than to trade during the (mostly) quiet times. For me, Asian open is at 1pm, Frankfurt is at 7pm, London 8pm and New York 1am. Soon another hour will be added to those for daylight saving. So really, my markets are the Asian and the first 3 or 4 hours of London. New York is...
realjumper,

Glad to see the positive pips using the system!

eval.
  • #383
  • Sep 28, 2011 2:09am Sep 28, 2011 2:09am
Quoting mark0529
Thanks realjumper,

Stochastics appear to work nicely in this system. I will give it a go on H4.

Yes. Stochastics is a good indicator....I had thought seriously about incorporating that indicator into the system but it seems more an Art to using and its interpretation is more up to the users ''feel'' of the market than more technical. That is why I choose not to add into system.

But it is a great indicator and I use it quite often so it is encouraged if you know how.

eval.
  • #384
  • Sep 28, 2011 2:09am Sep 28, 2011 2:09am
Good Morning all!
  • #385
  • Sep 28, 2011 2:11am Sep 28, 2011 2:11am
Quoting davlo
just one quick question i know there was discussion about repainting, does the cycle identifier repaint as well?

davlo,

I have seen it change one candlstick back but normally I would say no.

eval.
  • #386
  • Sep 28, 2011 2:12am Sep 28, 2011 2:12am
Quoting realjumper
I didn't exit this trade yet, but if t was for real money I would have done so. Here is the M5 chart without Evals indies.......see how the stoch has turned?.....I would exit and take the 30pips because of that.

Just something to bear in mind.......

realjumper,

No extreme spike yet. I say let the sucker run!

eval.

UPDATE;

See the Sucker reverse and went up because Price Action has not reached Extreme. You would have left pips on the table....

UPDATE;
My guess is we see a spike to 1.36300 or 68.1 fib before turning downward to finish wave count.
Attached Image
  • #387
  • Sep 28, 2011 2:14am Sep 28, 2011 2:14am
Quoting realjumper
I didn't exit this trade yet, but if t was for real money I would have done so. Here is the M5 chart without Evals indies.......see how the stoch has turned?.....I would exit and take the 30pips because of that.

Just something to bear in mind.......
...LOL.....and it would have been a mistake because PA is now at 3595.....which just goes to show that any indi can be wrong
Doing what you like is Freedom. Liking what you do is Happiness.
  • #388
  • Sep 28, 2011 2:18am Sep 28, 2011 2:18am
Quoting Evaluator
Good Morning all!
Good Morning People!

It seems it has no sense to trade the system before London open
  • #389
  • Sep 28, 2011 2:20am Sep 28, 2011 2:20am
Quoting Evaluator
realjumper,

No extreme spike yet. I say let the sucker run!

eval.

UPDATE;

See the Sucker reverse and went up because Price Action has not reached Extreme. You would have left pips on the table....

UPDATE;
My guess is we see a spike to 1.36300 or 68.1 fib before turning downward to finish wave count.
Yep...you're right
Doing what you like is Freedom. Liking what you do is Happiness.
  • #390
  • Sep 28, 2011 2:21am Sep 28, 2011 2:21am
Quoting bullzeye
Good Morning People!

It seems it has no sense to trade the system before London open

bullzeye,

Depends on your lust for risk or sadism....

eval.
  • #391
  • Sep 28, 2011 2:24am Sep 28, 2011 2:24am
thanks, ome more question, what about the bear/bull indi, does it repaint?

Quoting Evaluator
davlo,

I have seen it change one candlstick back but normally I would say no.

eval.
  • #392
  • Sep 28, 2011 2:25am Sep 28, 2011 2:25am
Quoting davlo
thanks, ome more question, what about the bear/bull indi, does it repaint?

same statement:

I have seen it change one candlstick back but normally I would say no.
  • #393
  • Sep 28, 2011 2:45am Sep 28, 2011 2:45am
Quoting realjumper
...LOL.....and it would have been a mistake because PA is now at 3595.....which just goes to show that any indi can be wrong
So now the trade would be at +70......so SL move to +30
Doing what you like is Freedom. Liking what you do is Happiness.
  • #394
  • Sep 28, 2011 2:49am Sep 28, 2011 2:49am
Quoting realjumper
So now the trade would be at +70......so SL move to +30
realjumper....

There is your extreme marker. Now you have to decide...how are you going to play exit strategy it extreme spike or trendline?

eval.

UPDATE..
ooooooooo... it just blew through 61.8 fib this could be a full retracement 100% to 1.36700!
Attached Image
  • #395
  • Sep 28, 2011 2:56am Sep 28, 2011 2:56am
Quoting Evaluator
realjumper....

There is your extreme marker. Now you have to decide...how are you going to play exit strategy it extreme spike or trendline?

eval.
the extreme spike is not done yet, you have to wait the next candle :nerd:
  • #396
  • Sep 28, 2011 2:57am Sep 28, 2011 2:57am
Quoting Evaluator
realjumper....

There is your extreme marker. Now you have to decide...how are you going to play exit strategy it extreme spike or trendline?

eval.
Yep, I saw that.....but when I right click on the chart and hot 'Refresh' extreme spike disappears, which leads me to think that this move isn't over yet.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #397
  • Sep 28, 2011 2:58am Sep 28, 2011 2:58am
The next resistance I have is Daily R1 at 3678
Doing what you like is Freedom. Liking what you do is Happiness.
  • #398
  • Sep 28, 2011 2:58am Sep 28, 2011 2:58am
Quoting realjumper
Yep, I saw that.....but when I right click on the chart and hot 'Refresh' extreme spike disappears, which leads me to think that this move isn't over yet.....

UPDATE..
ooooooooo... it just blew through 61.8 fib this could be a full retracement 100% to 1.36700!
  • #399
  • Sep 28, 2011 3:04am Sep 28, 2011 3:04am
did you have noticed that a finished spike need 3 full candles to complete?
  • #400
  • Sep 28, 2011 3:06am Sep 28, 2011 3:06am
Quoting realjumper
The next resistance I have is Daily R1 at 3678
Triggerlines have turned.....extreme spike established......engulfing bear candle....exit for +68
Doing what you like is Freedom. Liking what you do is Happiness.
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