Symphonie Trader System | Page 137 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Ci/symphonie extreme similarity explained! 144 replies

Symphonie/Cobra Hybrid System 4 replies

Symphonie trader or Genesis matrix 1 reply

Symphonie Trader System EA 73 replies

Yet another set of Symphonie Indicators 241 replies

Attachments: Symphonie Trader System
Exit Attachments

Symphonie Trader System

  • #2,721
  • Nov 15, 2011 6:48pm Nov 15, 2011 6:48pm
Quoting realjumper
A break lower here might open the flood gates.....

realjumper,

I would thread carefully with the EurUsd right now because at this stage all it will take is a spark and you could see the eur explode (rally) instead of implode (drop). The DOW is showing a solid break to the upside as it breaks through the 200 day moving average after having made a double bottom so I expect we could see and end year rally in the DOW which by correlation will drive the Euro up and the dollar down.

Generally, the last quarter of the year is good for stocks as Hedge Fund and Investment Fiund managers want to make good numbers so they can receive large end of year bonuses so, my guess is we see the DOW at 12500 or possibly 13000 before the Christmas break. This will definitley drive the euro higher. That being said this could prove to be one large bear trap.

Eval.
Attached Image (click to enlarge)
Click to Enlarge Name: DOW Screenshot.jpg Size: 90 KB
  • #2,722
  • Nov 15, 2011 6:52pm Nov 15, 2011 6:52pm
Quoting Evaluator
realjumper,

I would thread carefully with the EurUsd right now because at this stage all it will take is a spark and you could see the eur explode (rally) instead of implode (drop). The DOW is showing a solid break to the upside as it breaks through the 200 day moving average after having made a double bottom so I expect we could see and end year rally in the DOW which by correlation will drive the Euro up and the dollar down.

Generally, the last quarter of the year is good for stocks as Hedge Fund and Investment Fiund managers want to make...
Yes....that's a possibility too......I'm not married to any particular plan.....I will go whichever way the PA goes.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,723
  • Nov 15, 2011 7:03pm Nov 15, 2011 7:03pm
Quoting Evaluator
realjumper,

I would thread carefully with the EurUsd right now because at this stage all it will take is a spark and you could see the eur explode (rally) instead of implode (drop). The DOW is showing a solid break to the upside as it breaks through the 200 day moving average after having made a double bottom so I expect we could see and end year rally in the DOW which by correlation will drive the Euro up and the dollar down.

Generally, the last quarter of the year is good for stocks as Hedge Fund and Investment Fiund managers want to...
Eval,

this comment is great.... but this comment is about a great experience too...
How do you learnt all this?
  • #2,724
  • Nov 15, 2011 7:19pm Nov 15, 2011 7:19pm
Quoting plig
Eval,

this comment is great.... but this comment is about a great experience too...
How do you learnt all this?

plig,

In a word.....read.....i read lots and lots and lots of things everyday. I think I read over 100 articles/reports a day. After a while, it becomes instinctive and you begin to see and recognize the patterns. (ex. whatever Goldmann Sachs says then do the opposite if they say the Euro is going to drop then buy and also the reverse; why? because Goldmann Sachs makes its money off the opposite it tells its clients and since people are sheep they get sheared)

The other thing to do is study charts because as the cliche says history has a way of repeating itself and in forex it does that all the time. During the year regardless whether it is a bear or bull market there are annual cycles that occur just like the seasons of the year. Once you can recognize them you can learn to profit from these patterns.

eval.
  • #2,725
  • Nov 15, 2011 8:06pm Nov 15, 2011 8:06pm
Quoting realjumper
That's interesting Keke......I know that Eval like the M15 as well. I must admit that I have seen some great trades on M15, but I have already been in other trades at the time so I haven't entered.

In fact I have gone the other way on some occasions.......when M5 is too slow to catch the consolidating swings, I drop down to M1......and what i see there is nice. The swings there are good for 5 - 15 pips, but I don't make a habit of M1 trading because it demands a lot of attention. Having said that, to catch 5 M1 trades while M5 is consolidating,...
Hi RJ,

I trade M15 because it is better filtered and also better signals.
I dont mind less signals because i am trading another M15 system also.

Btw i am not going to Long yet until i see extreme bottom and trendline turn blue.
Pivot Boss in the making~
  • #2,726
  • Nov 15, 2011 8:20pm Nov 15, 2011 8:20pm
Quoting jurn_e
Hi RJ,

I trade M15 because it is better filtered and also better signals.
I dont mind less signals because i am trading another M15 system also.

Btw i am not going to Long yet until i see extreme bottom and trendline turn blue.
Hi,

Nothing wrong with what you're doing, you're going very well and it's pleasing to see you taking money from the market.

I think that if a trader can take (say) 50 pips per day consistently.......allowing for the occasional loss of course, then that trader is on the way to becoming quite well off.

I have a attached a spreadsheet file (excel) that show a study over 3 years. The opening balance is $1,000 and the daily goal is just 1%. Every day the goal is the same.....1%. I didn't create this file, it comes from another thread. The file does not allow for weekend and public holidays, neither does it allow for any losses or withdrawals. The point of the 3 years study is to illustrate the power of compounding wins......all based on 1%.

Hope you find it interesting.
Attached File(s)
File Type: xls Forex-Balancesheet 2011.xls   109 KB | 690 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,727
  • Nov 15, 2011 8:31pm Nov 15, 2011 8:31pm
Quoting realjumper
Hi,

Nothing wrong with what you're doing, you're going very well and it's pleasing to see you taking money from the market.

I think that if a trader can take (say) 50 pips per day consistently.......allowing for the occasional loss of course, then that trader is on the way to becoming quite well off.

I have a attached a spreadsheet file (excel) that show a study over 3 years. The opening balance is $1,000 and the daily goal is just 1%. Every day the goal is the same.....1%. I didn't create this file, it comes from another thread. The file...
Thanks for the spreadsheet.
I also attached a spreadsheet for you to play around with. Hehe..

btw, do you know of any pivot indicator that shows the levels on the chart instead of drawing the lines?
Attached File(s)
File Type: xls 2012plan.xls   519 KB | 661 downloads
Pivot Boss in the making~
  • #2,728
  • Nov 15, 2011 8:37pm Nov 15, 2011 8:37pm
Quoting jurn_e
Thanks for the spreadsheet.
I also attached a spreadsheet for you to play around with. Hehe..

btw, do you know of any pivot indicator that shows the levels on the chart instead of drawing the lines?
Nice spreadsheet

I think there is a pivot indi that does what you want......I'll have a search for it and if I find it I'll post it for you.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,729
  • Nov 15, 2011 11:00pm Nov 15, 2011 11:00pm
Quoting jurn_e
Ideas for forward testing....
Jurn_e, one question. You are using the spikes symphonie (experimental)? I have noticed that the other version does not always paint the spikes correctly, while the experimental version does.

Thanks.
Enter Signature
  • #2,730
  • Nov 15, 2011 11:28pm Nov 15, 2011 11:28pm
Quoting jurn_e
...
btw, do you know of any pivot indicator that shows the levels on the chart instead of drawing the lines?
jurn_e, please us FXI Pivots with ShowPivotLines = False.
Attached File(s)
File Type: ex4 FXI Pivots.ex4   25 KB | 474 downloads
Enter Signature
  • #2,731
  • Nov 15, 2011 11:49pm Nov 15, 2011 11:49pm
Quoting jurn_e
....
4. Exit when there is a extreme bottom spike....
jurn_e, number 4 (exit) is at bar close?

Thanks
Enter Signature
  • #2,732
  • Nov 16, 2011 12:19am Nov 16, 2011 12:19am
Quoting maudur
jurn_e, please us FXI Pivots with ShowPivotLines = False.
I prefer something like a list of pivot points in the top left or top right of my chart. I think i have seen it somewhere before but couldn't find it.

Quoting maudur
Jurn_e, one question. You are using the spikes symphonie (experimental)? I have noticed that the other version does not always paint the spikes correctly, while the experimental version does.

Thanks.
I am using the indicators from post 1. I don't use the experimental anymore because i feel that it is flawed.

Quoting maudur
jurn_e, number 4 (exit) is at bar close?

Thanks
Yup . Exit at bar close.
Pivot Boss in the making~
  • #2,733
  • Nov 16, 2011 12:38am Nov 16, 2011 12:38am
Quoting jurn_e
I prefer something like a list of pivot points in the top left or top right of my chart. I think i have seen it somewhere before but couldn't find it.
I found one that lists the pivots on the top left of the chart......but it draws lines as well!!!.......If I find what you want I'll post it.

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,734
  • Nov 16, 2011 12:44am Nov 16, 2011 12:44am
Quoting realjumper
I found one that lists the pivots on the top left of the chart......but it draws lines as well!!!.......If I find what you want I'll post it.

RJ
Can you post it for me to check it out?
Pivot Boss in the making~
  • #2,735
  • Nov 16, 2011 12:46am Nov 16, 2011 12:46am
Quoting jurn_e
Can you post it for me to check it out?
Ok....here you go:
Attached File(s)
File Type: ex4 fmm_pivots.ex4   27 KB | 570 downloads
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,736
  • Nov 16, 2011 12:57am Nov 16, 2011 12:57am
Quoting Evaluator
I would thread carefully with the EurUsd right now because at this stage all it will take is a spark and you could see the eur explode (rally) instead of implode (drop). The DOW is showing a solid break to the upside as it breaks through the 200 day moving average after having made a double bottom so I expect we could see and end year rally in the DOW which by correlation will drive the Euro up and the dollar down.
yes a mini rally here is possible but just want to point out that this traditional correlation broke yesterday cause of good news in US drove stocks up but the european bonds dropping drove the euro down. So basically at this stage we just dont know, we need to see what happens after the EU market opens today in a few minutes.

All the best to everybody
  • #2,737
  • Nov 16, 2011 1:07am Nov 16, 2011 1:07am
There was an indication to sell but didnt take it as an extreme bottom occured.
Pivot Boss in the making~
  • #2,738
  • Nov 16, 2011 2:19am Nov 16, 2011 2:19am
Possible reversal sign.......early days, but keep your eyes open

This is an H4 chart btw
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 83 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,739
  • Nov 16, 2011 2:36am Nov 16, 2011 2:36am
Waiting for pullback to go Long
Pivot Boss in the making~
  • #2,740
  • Nov 16, 2011 2:41am Nov 16, 2011 2:41am
Quoting jurn_e
Waiting for pullback to go Long
I went long on the re-test of S1
Doing what you like is Freedom. Liking what you do is Happiness.
9 traders viewing now