Symphonie Trader System | Page 160 | 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

  • #3,181
  • Nov 29, 2011 4:24am Nov 29, 2011 4:24am
Quoting camvcvoo
Am long at that level as well, +60 pips as of now. I'm letting this trade ride till the end of the week. Let's see if i've got the balls to hold on or not
Hi,

I suggest u close it with profit or close half.
We still have a 30pips gap down there.
Pivot Boss in the making~
  • #3,182
  • Nov 29, 2011 4:25am Nov 29, 2011 4:25am
Quoting realjumper
She sure was right......she's getting god isn't she?
very good indeed
closed everything on my side
eu 42 au 45 ucad 22.. isn't this enough for a morning? yep more than enough!
i'll take a vacation for the rest of the day
MarginTrader All Time Return: na
  • #3,183
  • Nov 29, 2011 4:26am Nov 29, 2011 4:26am
Quoting MaryJane
don't go against obvious MOMENTUM even if the flashlights tell you. if you think you can blindly follow any system (just by colours) in short TF (< H4) and make more than lose, you are wrong (of course you don't have to believe it).

Trade the trend and scalp the pullbacks. If you don't recognize pullbacks (they are patterns, with a start and and end), just trade the trend. Because if you trade a pullback move and wait for the trendline to be properly colored, it's almost guaranteed you will...

ah so i had an ear-full yesterday? point well taken. and yes i cannot tell when a trend is occuring when i do not have any indicators with me. but it works for me. i can tell once a trend has occurred if i don't have indies, not as it is happening. feels so blind without the indies - a trade off for the lack of screen time.

anyways, i saw that GU "kinda" ranged but i knew it it was gonna kick off during the jap. so in the attachment below i entered a buy 1.5487 using HMA instead of trendline. and just got out just at 1.5578 = 91 pips. howevever, i do not think that this is the top (my exit strategy says so, ill discuss in a week's time). i noticed a consumer confidence report 11am EST... uhm, whatever that number is it will be good for GU! so from 5578 perhaps another 75pips?? whatever the price is right now, it's time to see a slight retracement before the big move.

probably a bull til wednesday, crawling bull by thursday and a sharp drop on friday (beginning of the month)??? the trendline is not sustaining. like it's sick or somehting.

there! slowly im adding fundies into the equation. but i like this system - very mechanical im gonna grab some food, this slight retracement will skin me alive....

now that i have an exit strategy for trendling mkts, we need to disect this system for scalping!
Attached Image (click to enlarge)
Click to Enlarge Name: nov29.jpg Size: 198 KB
  • #3,184
  • Nov 29, 2011 4:28am Nov 29, 2011 4:28am
Quoting MaryJane
very good indeed
closed everything on my side
eu 42 au 45 ucad 22.. isn't this enough for a morning? yep more than enough!
i'll take a vacation for the rest of the day
Me too......I've had a great day today......now I need to find that book to read and go make some coffee......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,185
  • Nov 29, 2011 4:45am Nov 29, 2011 4:45am
Quoting jurn_e
Hi,

I suggest u close it with profit or close half.
We still have a 30pips gap down there.
In fact, my TP was @ 1.3450 but didn't have steam to reach. Anyway, closed for +80 pips

That's it for today, am going out for badminton
福 子 Victor V
  • #3,186
  • Nov 29, 2011 4:49am Nov 29, 2011 4:49am
Ok.....it seems everyone has done well on this bull run. If you missed it, don't worry about it.....there will another one sooner or later.

That's all for me.....back at Asian open tomorrow......trade well people and protect your capital!!

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,187
  • Nov 29, 2011 4:49am Nov 29, 2011 4:49am
Quoting camvcvoo
In fact, my TP was @ 1.3450 but didn't have steam to reach. Anyway, closed for +80 pips

That's it for today, am going out for badminton
Good job. Supply area there. Previous support on the 16/11/2011
Pivot Boss in the making~
  • #3,188
  • Nov 29, 2011 4:52am Nov 29, 2011 4:52am
Quoting realjumper
Me too......I've had a great day today......now I need to find that book to read and go make some coffee......
Yes.. i don't mind it goes farther without me, as i said i don't have limits (yet) but i have seen too many trades stopped out at b/e. i had a week or two this summer with some fantastic entries, trades going 50-100 pips almost immediately, and what happened after closing a half position and leaving the rest at b/e? naturally the other half was stopped at b/e, the funniest situation i encountered : a short entry; going some 30-50p into green, i close 1/2 and move stop to be - the moment i do it the price spikes against, the be stop gets taken out by the means of the spread (!yeah! that's the real point!) only to run the >100 pips that were on my wishlist LOL! now imagine it will happen to you 4 times in the row within the same week and the moment you decide to close the trades at once it ceases to happen, again several times in the row. Then you take a coin toss (yep with real coin) and play this: heads = close 1/2, stop to BE. tails = close all (when it comes to some 30p and/or starts to stall). Yet despite your strategy selection is dictated by random, it ends up the most unfavorable for you with 13 of 14 experimental trades. I became so allergic to those BE stopouts that, as an intraday trader, i simply stopped to aim for those >100p moves.. and if i see anything in the 40-60p ballpark i tend to take it at once.

partial close + stop@be makes sense in a clear trend, imo
exits ain't easy. have to acquire some reliable method yet.
MarginTrader All Time Return: na
  • #3,189
  • Edited 5:03am Nov 29, 2011 5:01am | Edited 5:03am
Quoting MaryJane
i simply stopped to aim for those >100p moves.. and if i see anything in the 40-60p ballpark i tend to take it at once.
Precisely.....if they come along and I don't catch it.....like I didn't this time.....that's ok, you can't win them all. If I do catch it, well, that's a bonus.

I have never subscribed to the 'closing half at 'x profit' and move the SL to BE and let the rest run. I just don't like that idea. I too collect the 20's, 30's and better, and they all add up. I'm not worried about the 'home runs'.

Today I have made 6 trades.......5 wins and 1 loss. The loss was -10. The smallest win was +14 and the biggest was +39 for a total of +117. Could have been +200 if I caught that whole move, but I am very pleased with +117. No need to worry about what 'could have been' because that's just greed. Those little trades added up to a very nice earn......why would I not be happy and content?

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,190
  • Nov 29, 2011 5:30am Nov 29, 2011 5:30am
Quoting realjumper
I too collect the 20's, 30's and better, and they all add up.
yep.. i took this counter in M1 and closed it for 15 as it seems to go nowhere fast (risk was 18, 'would like' target 32.. it may go there.. but better 15 than a BE, especially if countering!)
Attached Image (click to enlarge)
Click to Enlarge Name: m1_counter.png Size: 23 KB
MarginTrader All Time Return: na
  • #3,191
  • Nov 29, 2011 5:32am Nov 29, 2011 5:32am
Quoting realjumper

..... but I am very pleased with +117. No need to worry about what 'could have been' because that's just greed. Those little trades added up to a very nice earn......why would I not be happy and content?

RJ
Very true. You only need about 45 pips per day trading this system to double the account. By achieving this daily goal, you would have put a lot of equity fund managers out of job
福 子 Victor V
  • #3,192
  • Nov 29, 2011 5:36am Nov 29, 2011 5:36am
Quoting MaryJane
yep.. i took this counter in M1 and closed it for 15 as it seems to go nowhere fast (risk was 18, 'would like' target 32.. it may go there.. but better 15 than a BE, especially if countering!)
Funny you should say that.....I was looking at the inevitable pull back on the M1 wondering if someone would take it!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,193
  • Nov 29, 2011 5:38am Nov 29, 2011 5:38am
Quoting camvcvoo
Very true. You only need about 45 pips per day trading this system to double the account. By achieving this daily goal, you would have put a lot of equity fund managers out of job
Yep, my Dad used to tell me when I was a kid, "son, look after the cents, and the dollars will look after themselves".......it really is that simple!!

Ok.....now I'm really going this time!!!

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,194
  • Edited 5:54am Nov 29, 2011 5:38am | Edited 5:54am
cable counter closed too. another 15, risk was 9.9 pips
(edit: the vertical line is not the entry.. it's remainder from eur/usd.. i use another template but posting the original to be compatible. this entry was 7 candles before the last candle, trendline had a blue glitch but angled down before)

M1 is good for countering, original rules applied but must see exhausted move that ran into supply
i didn't counter aud/usd and usd/cad either, the com-dolls are pretty thick when they start to trend, there was no s/d penetrated and aussie shoot above parity.. i see 1.018 there or more fast
Attached Image (click to enlarge)
Click to Enlarge Name: cable_cnt.png Size: 25 KB
MarginTrader All Time Return: na
  • #3,195
  • Nov 29, 2011 6:19am Nov 29, 2011 6:19am
Quoting MaryJane
yep.. i took this counter in M1 and closed it for 15 as it seems to go nowhere fast (risk was 18, 'would like' target 32.. it may go there.. but better 15 than a BE, especially if countering!)
it did
i'm curious on how this candle closes.. 1,5 hours to go.
but i won't see, switching off!
done for today, best of luck to all of you!
Attached Image (click to enlarge)
Click to Enlarge Name: h4 looking funny.png Size: 16 KB
MarginTrader All Time Return: na
  • #3,196
  • Nov 29, 2011 7:27am Nov 29, 2011 7:27am
Quoting MaryJane
to you !!


sorry Jack, this is my fault.. i forgot to mention you must have DLLs allowed in mt4.

...

bye
Thanks MJ,

now it's working perfectly, Always wanted to try some trading between m1 and m5
  • #3,197
  • Nov 29, 2011 7:32am Nov 29, 2011 7:32am
Choppy ranging day. waiting for pullback before going short.
Pivot Boss in the making~
  • #3,198
  • Nov 29, 2011 7:37am Nov 29, 2011 7:37am
Quoting jurn_e
Choppy ranging day. waiting for pullback before going short.
me too

classic spike/retest of support that became resistance around .3435

heavy rejection of that level

with everything staying the same...say hello to .3180
  • #3,199
  • Nov 29, 2011 9:30am Nov 29, 2011 9:30am
Hello everyone..
i checked this system out yesterday and it look amaaaazing and the statements that mr. evaluater post weekly are blow away ...
i have a long story i won't bother u with it ..let me just say am so happy i finally found this great thread
i've been studying the system since yesterday and it looks very promising, i can't log to the internet always cause am in syria and the situation here sucks .anyway i just wanna ask ,,are all indicators repainting or just some .and what r they .? is there any update for the system rather than the first post and the links it it?
and the last question ...am i welcome with this thread cause i wanna post .put charts and discuss with u hopefully
thanks a lot all...thanks specially "evaluater"
  • #3,200
  • Nov 29, 2011 9:34am Nov 29, 2011 9:34am
some setups are so nice,
a lot of work to do, really can't afford to stare in the charts right now,
but it is impossible to let them go
(it's possible with discipline, yes, i know )

could it be easier at all?
aud/usd, m3
Attached Image (click to enlarge)
Click to Enlarge Name: aus.png Size: 30 KB
MarginTrader All Time Return: na
1 trader viewing now