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Symphonie Trader System

  • #1,961
  • Oct 27, 2011 10:13pm Oct 27, 2011 10:13pm
Quoting Evaluator
I have decided to do something radical.

I am removing the thread account and I will restart a new thread account again with only 3k beginning Monday, 31 Oktober 2011.

I will ONLY trade the EURUSD and ONLY in 15 min using ARS and ONLY the Rules of this System. This will be strictly mechanical and I will not pay any attention to any influences of NEW or Market Events. I will use only Symphonie Trader System signals as my guide. I will only trade Eurotimes from Frankfurt market open...
I am very excited that I have found this thread. I look forward to participating and learning from everyone.

Cheers.
HammerDown
  • #1,962
  • Oct 27, 2011 10:22pm Oct 27, 2011 10:22pm
Quoting chris2020
Hi Ductrifx,

Do you have special settings for Trendwave? How do you use it as a filter with Symphonie?

Thank you.

Chris
Sorry for late answer! I was busy yesterday.
I am testing and compare it with extreme. So I don't change its original settings.
I see it like extreme, sometime it give sooner signal. It indicate overbought and oversold like storch.
  • #1,963
  • Oct 28, 2011 12:16am Oct 28, 2011 12:16am
Quoting rivtrader
Looking to see how trading Asia on the last day of the week would be like. Probably like watching paint dry.


Placed a very early BE +1 Stop and a 75 Pip target just above the 62% retracement area on the 4 hour chart and will let it run it's course.

Stop triggered for 1 pip.
mmm . . . nice to see another BigE son here (like me) . . . I was playing too many hours mixing both systems . .. but not success, had you? IMHO I suit best with symphonie !
What kind of MA are you using in your chart?
Humble & Kalcker CLO2 = Covid killer
  • #1,964
  • Oct 28, 2011 1:58am Oct 28, 2011 1:58am
thank you realjumper for your answer and clarifications.

You have to look through the eye of a trading newbie. a trading newbie read this thread and think 'Oh, perfect. take EVERY signal and i will become rich. nothing easier than this. dang on refreshing or timeframeswitching. this is the money worth the work'.
then comes a wise guy and told us that we have to study technical analysis, chart pattern, look at the bigger picture for S/R, pivots and Fibs (fibs are from the view of analysis a myth but this is another story).
Now a trading newbie says: 'what a f**k. i thought trading would be easy as sleeping'.

i don't want to bash the thread but i personaly felt attacked. only because i did some analysis. in the first post is written 'PLEASE PLEASE PLEASE provide feedback and comment. It is most encouraged and appreciated.'
this is what i have done and some posts later i felt stamped like an idiot. That i will not understand the system and only fokus to one indicator.
but this is not true.

If you really like to trade profitable this system you have to study all kind of techical & fundamental analysis. And if you master this you not need any kind of indicators again.

BTW i took two trades in EURUSD 15m

the first was SHORT tonight @1.41671 SL:1.42425 before i went to bed(pic 1)

the second trade at morning LONG @1.41900 SL 1.41150 (pic 2)

so in one MT4 instance i have a SELL and in the other MT4 instance i have a LONG trade. One PC, two MT4's and two different signal situations.
you understand my concerns now?
everything could happen in FX. either it is a reversal or a pullback. we will see.

between the LONG extreme spike disappear 3 candles later without a new spike and the short trade seems valid (pic 3). what should i do with the LONG trade? closing to take a short?

Mediator
Attached Image(s) (click to enlarge)
Click to Enlarge Name: SEFC_Sell28.10.2011a.jpg Size: 208 KB
Click to Enlarge Name: SEFC_Sell28.10.2011b.jpg Size: 187 KB
Attached Image
  • #1,965
  • Oct 28, 2011 2:07am Oct 28, 2011 2:07am
Quoting Mediator
thank you realjumper for your answer and clarifications.

You have to look through the eye of a trading newbie. a trading newbie read this thread and think 'Oh, perfect. take EVERY signal and i will become rich. nothing easier than this. dang on refreshing or timeframeswitching. this is the money worth the work'.
then comes a wise guy and told us that we have to study technical analysis, chart pattern, look at the bigger picture for S/R, pivots and Fibs (fibs are from the view of analysis a myth but this is another story).
Now a trading newbie...
It's really a little bit of both......system + technical analysis (TA). They go hand in hand with each other. It is possible to trade with just the system. It is also possible to trade by just TA. I think to combine basic TA with the system will provide more profitable trades, and less stop loss hits.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,966
  • Oct 28, 2011 2:16am Oct 28, 2011 2:16am
Quoting camvcvoo
"This is the hardest easy money you will ever make."
I like it!

Stolen for sig... thanks!
  • #1,967
  • Oct 28, 2011 2:25am Oct 28, 2011 2:25am
Quoting realjumper
I've said this before, and I'll say it again.....this system is not the holy grail....that system does not exist.

To use this system properly, you need to be able to apply some BASIC technical analysis, as well as some BASIC common sense. For the basics of technical analysis, please go to babypips.com

It cannot possibly have escaped peoples notice that since Asian open yesterday, we were in a very strong bull run......and this is due to the good EU news. It doesn't take a genius to figure out that...

realjumper,

thank you for comment. you are spot on!

eval.
  • #1,968
  • Oct 28, 2011 2:26am Oct 28, 2011 2:26am
Quoting camvcvoo
RJ, well said!

Boys and girls, every system requires you to develop two very important traits:

Patience and disciplines.

Besides a winning system which we already posses, these two are needed. As Vegas pointed out very long time ago in his documents:

"You do not need brains to make money in forex, you need patience and discipline."

"This is the hardest easy money you will ever make."
i agree.
  • #1,969
  • Oct 28, 2011 2:28am Oct 28, 2011 2:28am
Quoting HammerDown
I am very excited that I have found this thread. I look forward to participating and learning from everyone.

Cheers.
HammerDown
HammerDown,

Welcome to Symphonie Trader System thread. I hope you will enjoy the thread and it will help you to be better trader.

Evaluator
  • #1,970
  • Oct 28, 2011 2:33am Oct 28, 2011 2:33am
Quoting Evaluator
realjumper,

thank you for comment. you are spot on!

eval.
No problem my friend.

I want that people do well and take as much money as possible from this market.....but they need to understand that they have to do some of the work too!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,971
  • Oct 28, 2011 2:50am Oct 28, 2011 2:50am
Quoting Mediator
thank you realjumper for your answer and clarifications.

You have to look through the eye of a trading newbie. a trading newbie read this thread and think 'Oh, perfect. take EVERY signal and i will become rich. nothing easier than this. dang on refreshing or timeframeswitching. this is the money worth the work'.
then comes a wise guy and told us that we have to study technical analysis, chart pattern, look at the bigger picture for S/R, pivots and Fibs (fibs are from the view of analysis a myth but this is another story).
Now a trading newbie...
Mediator,

First let me say I have never promise this as a Holy Grail of system. Second, it sound to me like you are trade real money at first and not practice with demo account. If so, that is big mistake.

Third, who ever said trading was easy?? and yes it does take work to make money.....!

Last, I think you go about your question and comments the wrong way. To start with indikators are repaint and it does not work is wrong way to start thread. I think better approach is to first talk about problem you have and not trash system out of the start.

If you are new to Forex then you must understand that FOREX trading is HIGHLY RISKY and if it do not suit you then you need another way. If you really want to do FOREX then you need to adopt patience, disipline, consistancy, and proper money management skills.

It may seem like waste of time but before you trade this system. You need to learn it first and then trade demo account (not real money) until the time come that you can proper interpret charts and signals, follow ARS rules, properly manage losses (via stoploss), no overleverage your account, and lastly make more winning trade that loosing one. Once you can do that making your demo account grow at a steady % increase; then you are ready to trade real money. NOT BEFORE.

Quote
i make trade before i went to bed

You say you take trade then go to bed. WHY?!?!?!?!?
I never take trade and then go to bed.
If I am in trade I no sleep.
If I sleep I no trade......
it is that simple.

I also never hold trade over weekend with the exception of I try to play market open game but that is not this system.

I think you need to go back over the things you are doing and you will find you are making tactical mistakes that you should not be doing.

I try to make this system easy. All you have to do is read the signals, follow proper money management rules, use stop loss, not overleverage, trade consistantly, and use some common sense and I think you will see your trading improve.



Evaluator
  • #1,972
  • Edited 3:38am Oct 28, 2011 3:28am | Edited 3:38am
Hello evaluator,

thank you for your answer. but i think we misunderstood us completly.

first i never claimed that this is the holy grail and will never exist in that way the most newbie trader thinks.

Second, yes i'm trading real money. in the beginning of my trading carrieer (and that is more then 5 years ago) i traded with demo-money only to learn the trading-platform. but to get the real feel of trading and psychological learn from mistakes could never be made with demo-money. this is a big mistake.

third i never said that trading is easy. newbies say this and i'm not a newbie.

and last i did not say repainting indicators will not work. i'm trading a long time with zig-zag. and they also repaint. i told that the cycle indi does not work in a ----technical---- coding manner.

ok. so for now to question in another way:
my problem is that the extreme cycle indicator shows different zig-zags in different instances. have a look at my pictures i made. MT4 nr. 1 shows a valid SELL signal. In MT4 Nr.2 it shows a valid BUY signal. how to handle this?
and this is the problem of many people here.
if i compare the pictures posted here i see people with two times more major and minor cycles in the same timerange than others have. Would this people trade two times more orders?

What i want to try to explain is, if we all uses the same indicators we must have the same signals in a mechanical manner. if we put a MA(50) on a 1 hour chart we have the same values and the same visual picture of that chart.
But this is not with this system. i have two different signals in the same TF at the same PC but with different MT4 instances.
But if someone take the signal or not is a discretionairy decision which leads to different results then others have. that's ok.

And i often take trades and go into bed. Why not? i'm also trading in the daily and 4hour chart. i often could leave trades open all days long without take a look at them.
for everything i do i have an EA to manage my trades when i'm not in front of my PC. that makes trading really relaxed.

So in conclusion with all that. it is a promising system if played the right way. so i'm looking forward how it developes.
But for me i will play in the background for now. I feel misunderstood. maybe it is because of my bad english or that my posts were not read completly between the lines.

we will see which trades survive. i think the BUY trade will survive because of high momentum, but we are at a resistance zone. have a look at the daily picture.

Mediator
  • #1,973
  • Oct 28, 2011 3:56am Oct 28, 2011 3:56am
Quoting jusiur
mmm . . . nice to see another BigE son here (like me) . . . I was playing too many hours mixing both systems . .. but not success, had you? IMHO I suit best with symphonie !
What kind of MA are you using in your chart?

Hi jusiur, the indicator on the chart is a Slope Direction Line that I have there just for reference. The lower indicator I borrowed from Big E also for reference. I had never used the TDI before and have found that it saves me analyzing time. I have tried trading Big E's system and it works fine with the instructions he gives. Just yesterday I closed trades in AudUsd, AudJpy, and NzdUsd for nice profit. I like Symphonie better but both systems are good. I have been trading forex for 8 years and trade my own way with Heiken Ashi, and although I am not going to say I have seen everything, I will say I have seen plenty of PA in my career. But IMO this method of viewing PA can make you money. I personally have added it permanently to my arsenal.
  • #1,974
  • Oct 28, 2011 4:12am Oct 28, 2011 4:12am
Please can someone help me out with posting Final Indicators alongwith Template. Thank you.
  • #1,975
  • Oct 28, 2011 4:51am Oct 28, 2011 4:51am
Post No.1 has the indis and template you need
  • #1,976
  • Oct 28, 2011 5:25am Oct 28, 2011 5:25am
Eval can you please answer me this. If the last spike I see on my chart is from yesterday,do I still use it for today's set up as you can see in my chart here on gbp/usd there is an up extreme on 27th 21:00

Kasapreko
Attached Image
  • #1,977
  • Oct 28, 2011 5:41am Oct 28, 2011 5:41am
Quoting Kasapreko
Eval can you please answer me this. If the last spike I see on my chart is from yesterday,do I still use it for today's set up as you can see in my chart here on gbp/usd there is an up extreme on 27th 21:00

Kasapreko
yes. however, if you are stopped out then stop and wait for next clear signal.
  • #1,978
  • Oct 28, 2011 5:52am Oct 28, 2011 5:52am
Quoting Evaluator
yes. however, if you are stopped out then stop and wait for next clear signal.
thanks!

Kasapreko
  • #1,979
  • Oct 28, 2011 6:02am Oct 28, 2011 6:02am
Hi

I need some help please, I have downloaded the sentiment indicator but cannot get it to function. Having tried for the best part of this week I am now frustrated. My downloads have been from this thread and also from a site called SEFC. Others posting here seem to have the indicator working just fine so my assumptrion is I am doing something wrong when installing, which by the way I have tried many times.

My path is C:/Program Files(x86)/My Broker/experts/indicators

Can anybody suggest anything to resolve the issue.

Only been following this thread for about a week so hi to everybody. Having traded myself for many years I think this system is outstanding and would like to say thanks to Evaluator.

Thanks
Nut
  • #1,980
  • Oct 28, 2011 6:43am Oct 28, 2011 6:43am
Quoting Nut
Hi

I need some help please, I have downloaded the sentiment indicator but cannot get it to function. Having tried for the best part of this week I am now frustrated. My downloads have been from this thread and also from a site called SEFC. Others posting here seem to have the indicator working just fine so my assumptrion is I am doing something wrong when installing, which by the way I have tried many times.

My path is C:/Program Files(x86)/My Broker/experts/indicators

Can anybody suggest anything to resolve the issue.

Only been following...

Have you loaded the template file into the template directory?
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