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Symphonie Trader System

  • #2,481
  • Nov 9, 2011 10:47pm Nov 9, 2011 10:47pm
Quoting realjumper
I have mentioned this several times now.....why oh why would you consider buying into such an obvious and powerful downtrend????? WHY?
Yup. Never fade on such a strong trend.

Today sell on bounce
Pivot Boss in the making~
  • #2,482
  • Nov 9, 2011 11:11pm Nov 9, 2011 11:11pm
Quoting realjumper
I have mentioned this several times now.....why oh why would you consider buying into such an obvious and powerful downtrend????? WHY?
take it easy mate~ still learning.. its never too late to start learning.. CHEERS!

this is only my very first experimental approach with this SEFC Cycle strategy in my own 1st stage.. after i have made clear with the strategy, then i will apply my own Forex knowledge to modify it..
  • #2,483
  • Nov 9, 2011 11:58pm Nov 9, 2011 11:58pm
Quoting wilsonch
take it easy mate~ still learning.. its never too late to start learning.. CHEERS!

this is only my very first experimental approach with this SEFC Cycle strategy in my own 1st stage.. after i have made clear with the strategy, then i will apply my own Forex knowledge to modify it..
It's got nothing to do with the SEFC Cycle strategy, it's to do with basic common sense. Why would you possibly want to try to trade against such a powerful and obvious move???

I'm not being nasty to you, I'm just frustrated that people come into this and download the system without even basic knowledge about trends.

Before.....BEFORE......you can apply this, or any system, it is essential that you know the basics of how to trade. Otherwise.....you WILL lose your money.....and it doesn't matter how good the system is.

Now.......if you want to learn the basics, go here, and do the whole course. You'll be glad you did.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,484
  • Nov 9, 2011 11:59pm Nov 9, 2011 11:59pm
Quoting jurn_e
Yup. Never fade on such a strong trend.

Today sell on bounce
How did you do yesterday Keke?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,485
  • Nov 10, 2011 12:15am Nov 10, 2011 12:15am
Quoting realjumper
It's got nothing to do with the SEFC Cycle strategy, it's to do with basic common sense. Why would you possibly want to try to trade against such a powerful and obvious move???

I'm not being nasty to you, I'm just frustrated that people come into this and download the system without even basic knowledge about trends.

Before.....BEFORE......you can apply this, or any system, it is essential that you know the basics of how to trade. Otherwise.....you WILL lose your money.....and it doesn't matter how good the system is.

Now.......if you want...
if you want to trade with common sense and not something to do with the SEFC Cycle, why did you even bother to come in? its very frustrated to see people coming in and sharing how deep their forex knowledge.

I'm not being nasty with you either. I have seen plenty of you. seriously u guys with such advanced knowledge can just trade nakedly, don't bother with any system.

i come in peace, let's hug it out!
  • #2,486
  • Nov 10, 2011 12:22am Nov 10, 2011 12:22am
Quoting wilsonch
if you want to trade with common sense and not something to do with the SEFC Cycle, why did you even bother to come in? its very frustrated to see people coming in and sharing how deep their forex knowledge.

I'm not being nasty with you either. I have seen plenty of you. seriously u guys with such advanced knowledge can just trade nakedly, don't bother with any system.

i come in peace, let's hug it out!
Mate.....this system.....NO system, will be profitable *without* some common sense and basic forex knowledge. Knowledge and system go hand in hand.....they are a team.

It is possible to trade without *this* system, but one must still have a system.

I have a system, but I find the entries are much easier with this system than with my own. But my own system gives better exits.

Without the basic knowledge of forex, you will not be able to trade profitably.....regardless of the system.....and that is a promise.

Do yourself a favour and follow that link I gave you. There is so much great information there, and it is all free.

I don't want you to lose your money......it really is that simple.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,487
  • Nov 10, 2011 12:25am Nov 10, 2011 12:25am
Quoting realjumper
How did you do yesterday Keke?
I have posted 2 screenshot of what i did today and yesterday.
Now i am trading SEFC in M5 and M15.
I still need to trade more to really master SEFC.

I realized that my greatest weakness is my exit.
Just like yesterday, i could have gotten a crazy amount of pips if i just let the position run instead of closing half at +20pips.
But its also really hard to predict because Euro has been ranging for days.

Currently i am using Cave Manager to manage my trades.
My current plan is close 50% at 20pips and the remainder i will close on extreme spike.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-11-10_1404.png Size: 103 KB
Click to Enlarge Name: 2011-11-10_1414.png Size: 79 KB
Pivot Boss in the making~
  • #2,488
  • Nov 10, 2011 12:31am Nov 10, 2011 12:31am
Quoting jurn_e
I have posted 2 screenshot of what i did today and yesterday.
Now i am trading SEFC in M5 and M15.
I still need to trade more to really master SEFC.

I realized that my greatest weakness is my exit.
Just like yesterday, i could have gotten a crazy amount of pips if i just let the position run instead of closing half at +20pips.
But its also really hard to predict because Euro has been ranging for days.

Currently i am using Cave Manager to manage my trades.
My current plan is close 50% at 20pips and the remainder i will close on extreme...
Hi, for exits what I do is use an EA that makes my SL visual. I close 1/3 at 20 pips like you, but then I switch to 1 minute TF. I move my SL to every rejection high in a short position or every rejection low in a long position. I rarely get stopped out and if I do it's switching positions on me. Yesterday I was in it for most of the move down, got 100+ pips from it.
  • #2,489
  • Nov 10, 2011 12:36am Nov 10, 2011 12:36am
Quoting jurn_e
I have posted 2 screenshot of what i did today and yesterday.
Now i am trading SEFC in M5 and M15.
I still need to trade more to really master SEFC.

I realized that my greatest weakness is my exit.
Just like yesterday, i could have gotten a crazy amount of pips if i just let the position run instead of closing half at +20pips.
But its also really hard to predict because Euro has been ranging for days.

Currently i am using Cave Manager to manage my trades.
My current plan is close 50% at 20pips and the remainder i will close on extreme spike.
Oh ok.....I wondered whether they were your only trades.

Yes.....the exits are the hardest thing.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,490
  • Nov 10, 2011 12:45am Nov 10, 2011 12:45am
Quoting wilsonch
For example in buy, when all 4 indicators criteria met, we enter order. But after awhile, there is a lower low, the extreme spike got repainted to the lower low. What about the previous trade we have entered? it becomes invalid?

This is the screenshot where I initially think a buy setup might be coming soon
http://img257.imageshack.us/img257/1778/demo1k.png


This is the screenshot I took after I just woke up, the initial potential buy setup is gone which I have drawn...

wilsonch,

In both the places you show there was no Symphonie Signal because all four indikators did not agree. The trendline indikator was still red so there is not signal to buy.

eval.
  • #2,491
  • Nov 10, 2011 12:46am Nov 10, 2011 12:46am
Quoting seashore
Hello folks. Here's a modified version of cycle identifier based on Symphonie Extreme Indicator.mq4 that

 

  1. can keep track of when the original major spikes first appeared by placing a small gray dot on the chart.
  2. can also give an sound or email alert when a recent major spike (default is over the last 40 bars) disappears. This would help those that trade on the disappearance of a major spike.
  3. gives you the option to get sound or email alerts for either major and minor spikes or both.

Play around and see if it's useful...

seashore,

Thanks for this improvement. I will have to ''evaluate'':nerd: this one.

Again, thank you.

eval.
  • #2,492
  • Nov 10, 2011 12:49am Nov 10, 2011 12:49am
Quoting wilsonch
how about this? should we buy at the line i marked? thanks for replying.

http://img192.imageshack.us/img192/3781/sefc1.png
wilsonch,

You must wait until all 4 indikators agree. Again in this screenshot the areas you show the 4th indikator (trendline) still remains red therefore, there is no signal to buy. You only have a valid signal when all the indikators are in alignment.

eval.
  • #2,493
  • Nov 10, 2011 12:53am Nov 10, 2011 12:53am
Close 50%
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-10_1450.png Size: 85 KB
Pivot Boss in the making~
  • #2,494
  • Nov 10, 2011 12:55am Nov 10, 2011 12:55am
Quoting Evaluator
wilsonch,

You must wait until all 4 indikators agree. Again in this screenshot the areas you show the 4th indikator (trendline) still remains red therefore, there is no signal to buy. You only have a valid signal when all the indikators are in alignment.

eval.
eval, the two screenshots, one is to show that the extreme spike is previously there. the second one is to show the 4 indicator used to align in the past, but the extreme spike (which is previously there) has gone after being repainted. look at the time, then u will get what i mean. anyway, this is only my what-if assumption about whether it is a valid trade (i did not put a trade there).

I have looked into the strategy now by testing it on demo. Regards.
  • #2,495
  • Nov 10, 2011 12:57am Nov 10, 2011 12:57am
Quoting wilsonch
if you want to trade with common sense and not something to do with the SEFC Cycle, why did you even bother to come in? its very frustrated to see people coming in and sharing how deep their forex knowledge.

I'm not being nasty with you either. I have seen plenty of you. seriously u guys with such advanced knowledge can just trade nakedly, don't bother with any system.

i come in peace, let's hug it out!

wilsonch,

I believe you are falling into what has become a classic illness on this thread called Exterme Indikator Syndrome....You are too much focus on the Extreme Indikator and not looking at the other 3 indikators....

The Extreme Spikes are only markers that a top or bottom MAYBE forming.....you must learn to watch all 4 indikators and not be so focused on one indikator....The Extreme Indikator is the weakest of all the 4 and has much tendency to repaint often as has been talked about over and over and over again and again....

My suggest to you is to go back and re read the entire thread and look at where I have posted my orders and you will see exact what the signals you should be looking for. You will also find post I have made showing how to play counter signals or ''repaint plays'' were you are playing on the fact that the Extreme Indikatr repaints and how to benefit from it.

Eval.
  • #2,496
  • Nov 10, 2011 12:58am Nov 10, 2011 12:58am
there is pression accumulating on euro...neckline of H&S retested and holding for now

if .3513 is broken, say hello to 1.3400 and below
  • #2,497
  • Nov 10, 2011 1:00am Nov 10, 2011 1:00am
Quoting Jack Herer
there is pression accumulating on euro...neckline of H&S retested and holding for now

if .3513 is broken, say hello to 1.3400 and below
Don't look now!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,498
  • Nov 10, 2011 1:07am Nov 10, 2011 1:07am
Quoting realjumper
Don't look now!
the inability of this pair in getting a significant decent retrace after such fall concerns me...and last good retrace was already a clearly defined bearish flag.

today could really be another "shit hit the fan day"

well, this should be fun
  • #2,499
  • Nov 10, 2011 1:10am Nov 10, 2011 1:10am
Opps. Closed all at the round number. : (
Wait for next signal.
Pivot Boss in the making~
  • #2,500
  • Nov 10, 2011 1:14am Nov 10, 2011 1:14am
Quoting Jack Herer
the inability of this pair in getting a significant decent retrace after such fall concerns me...and last good retrace was already a clearly defined bearish flag.

today could really be another "shit hit the fan day"

well, this should be fun
It is of concern......but these are strange times......
Doing what you like is Freedom. Liking what you do is Happiness.
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