Synergy CRS | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

FATCA vs. GATCA (OECD CRS) New Int'l Rule for Money 4 replies

Anyone trading the Synergy Method? 11 replies

Synergy FX 10 replies

Synergy Method For Scalpers and Scalpers Hourly Range Calculator (Based on TSR) 22 replies

What is a Pull Back Synergy Candle? 3 replies

Attachments: Synergy CRS
Exit Attachments

Synergy CRS

  • #141
  • Jan 5, 2012 4:26am Jan 5, 2012 4:26am
Quoting Erebus
Yes, if you are under capitalized, don't take the trade.

There are enough opportunity just with Regular Trade - go with the overall trend - look to Monthly, Weekly, Daily, 4 Hour, what do you SEE?

then find a pair going that direction for instance EUR-USD - EUR-JPY - GBP-USD right NOW

... then risk only 2% of account, if the trade is wrong, that's it, don't worry about Counter Trades, they are just about being right, they take a lot of understanding and management, and your account not big...

Thank you, but you do not understand my question at all, I am not under capitalized i can invest 100 000$ but in that case i have to use lot 1 on RT and lot 4 on ct, and we take same thing, if I donīt increase lot size I can earn nothing but if I double on every loss I will loose my account on 6th opening. Except if we only add whatever the original size of the trade was. Using .04 lots for example, the sequence after a loss on CT 1 would go .04, .08, .12, .16, .20, and so on, not .04, .08, .16, .32, .64.
  • #142
  • Jan 5, 2012 4:27am Jan 5, 2012 4:27am
Quoting mer071898
First off newnew, on the Ct trades we are not using a true martingale that doubles up on every loss. We only add whatever the original size of the trade was. Using .04 lots for example, the sequence after a loss on CT 1 would go .04, .08, .12, .16, .20, and so on, not .04, .08, .16, .32, .64. You probably should go back to the beginning of the thread and re-read it from post #1.
This is much better .04, .08, .12, .16, .20
Thank you
  • #143
  • Jan 5, 2012 4:33am Jan 5, 2012 4:33am
Quoting newnew
Thank you, but you do not understand my question at all, I am not under capitalized i can invest 100 000$ but in that case i have to use lot 1 on RT and lot 4 on ct, and we take same thing, if I donīt increase lot size I can earn nothing but if I double on every loss I will loose my account on 6th opening. Except if we only add whatever the original size of the trade was. Using .04 lots for example, the sequence after a loss on CT 1 would go .04, .08, .12, .16, .20, and so on, not .04, .08,...
you do not understand - that's right, I am not using counter trend trades, so I know nothing of the double sequence you speak of

i have to use lot 1 on RT - now this, I do not understand either, what is your RISK on each trade? It is the distance from entry to STOP LOSS, which is always different, so how can fixed position size cover all trades

I can post a trade with the calculations if you like, but you seem fixated on the Counter Trades, it may not help you right now
It takes a lot for me to IGNORE you, but you can try.
  • #144
  • Jan 5, 2012 4:36am Jan 5, 2012 4:36am
As mentioned before, I didn't look for entry this trade, it has made both ADR and 161.8 to downside, why bother with trailing stops and other trade management, trying to get every last pip, just take the money & run
Attached Image (click to enlarge)
Click to Enlarge Name: 0028.png Size: 51 KB
It takes a lot for me to IGNORE you, but you can try.
  • #145
  • Jan 5, 2012 4:50am Jan 5, 2012 4:50am
Quoting Erebus
As mentioned before, I didn't look for entry this trade, it has made both ADR and 161.8 to downside, why bother with trailing stops and other trade management, trying to get every last pip, just take the money & run
Hi Erebus,

ADR is good for trade planning and target expectation.
Did the same trade like you.
I saw the CRS trade levels but the H4 inside bar breakout occur slightly earlier so I took an ealry entry.
Today several USD pairs make breakout.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD M15 CRS Trade 5 Dec 2012.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #146
  • Jan 5, 2012 5:48am Jan 5, 2012 5:48am
Here is the GBP-USD trade for today, and a tip how to show your trade - drag and drop the closed trade, from the Account History, on to the chart, bit hard to see, but the entry & exit are there connected by that dotted line
Attached Image (click to enlarge)
Click to Enlarge Name: 0030.png Size: 106 KB
It takes a lot for me to IGNORE you, but you can try.
  • #147
  • Jan 5, 2012 6:04am Jan 5, 2012 6:04am
Quoting Erebus
you do not understand - that's right, I am not using counter trend trades, so I know nothing of the double sequence you speak of

i have to use lot 1 on RT - now this, I do not understand either, what is your RISK on each trade? It is the distance from entry to STOP LOSS, which is always different, so how can fixed position size cover all trades

I can post a trade with the calculations if you like, but you seem fixated on the Counter Trades, it may not help you right now

You are talking about and after a few seconds you denied your words, as first you started with explanation and after this you say; '' I am not using counter trend trades......I know nothing of the double sequence...''

My risk is 1% on RT It means if I have a SL of 80 pips i will loose 1% but in CT I am on LOT 4 with SL 40 if I loose it will be loss 2% if I double this on every next CT1 and I lose it will destroy my account in the 6th opening, ...2%, 4%, 8%, 16%, 32%, 64% that's it.
But now I can use as Mer says 04, .08, .12, .16, .20 it will be more spaces if it goes in DD.
I resolved this now with 04, .08, .12, .16, .20 and I hope you understand now, because you do not take CT only RT.
  • #148
  • Jan 5, 2012 7:34am Jan 5, 2012 7:34am
Quoting Erebus
Here is the GBP-USD trade for today, and a tip how to show your trade - drag and drop the closed trade, from the Account History, on to the chart, bit hard to see, but the entry & exit are there connected by that dotted line
Erebus, your approach is really interesting. Please, correct me if Iīm wrong:

1.- Only take Regular Trades
2.- SL: 50%: CT Trade 3
3.- So with the SL, 2% risk
4.- Direction: set by ADR High/ADR Low, Sell if ADR Low is further from Previous Day Low
5.- TP: 161.8
6.- Multiple pairs

Questions:

1.- Do you take any reentry?
2.- Do you move your SL to BE at 123.6 or something like that?

Thank you
  • #149
  • Edited 9:25am Jan 5, 2012 9:18am | Edited 9:25am
Here are the Trades for Jan 4 and 5. Pretty much straight forward, with no CT.

Jan 5 Full Auto. Jan4 - Had to reboot Manual SL.
This EA does not take Scalp trades.
Places 3 OCO Stop buys and sells at 00:00

The Ratio used is 5:2:1

Once in trade, OCO deletes pending trades. Initiates CT trades.
CT trade ratio used is 4:2:1.

As coded currently, all trades are closed if price action reached mid, which is the initial stoploss of reg trades, kind of defeats the purpose of the 3rd CT trades as of now. Lets see how that goes.

If there is a loss, the base lot is factored to next higher value till account is in positive. SLs are moved as per mers' suggestion.


Cheers

Pat
Attached Image(s) (click to enlarge)
Click to Enlarge Name: crs jan5.gif Size: 129 KB
Click to Enlarge Name: crs jan5 chart.gif Size: 15 KB
  • #150
  • Jan 5, 2012 9:29am Jan 5, 2012 9:29am
Quoting Pat1
Here are the Trades for Jan 4 and 5. Pretty much straight forward, with no CT.

Jan 5 Full Auto. Jan4 - Had to reboot Manual SL.
This EA does not take Scalp trades.
Places 3 OCO Stop buys and sells at 00:00

The Ratio used is 5:2:1

Once in trade, OCO deletes pending trades. Initiates CT trades.
CT trade ratio used is 4:2:1.

As coded currently, all trades are closed if price action reached mid, which is the initial stoploss of reg trades, kind of defeats the purpose of the 3rd CT trades as of now. Lets see how that goes.

If there is a loss,...
Hi Pat,

Are you talking about CRS_Pat EA posted in Steveīs thread?

Thank you
  • #151
  • Jan 5, 2012 9:45am Jan 5, 2012 9:45am
Quoting Caillou
Hi Pat,

Are you talking about CRS_Pat EA posted in Steveīs thread?

Thank you
That one took regular trades only. This one does Reg and CT trades, but for daily use only. Does not manage or open new trades for the following day. Working on it.

Pat
  • #152
  • Jan 5, 2012 9:49am Jan 5, 2012 9:49am
Quoting Pat1
That one took regular trades only. This one does Reg and CT trades, but for daily use only. Does not manage or open new trades for the following day. Working on it.

Pat

Thank you
  • #153
  • Jan 5, 2012 10:18am Jan 5, 2012 10:18am
Another good day for this strategy I see
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
  • #154
  • Jan 5, 2012 10:36am Jan 5, 2012 10:36am
Here are the pdfs of the Strategy reports for the five days of the week.

The ea as it stands handles a day of the week.for example the monday report is shown in the chart gif attached.

Cheers

Pat
Attached Image (click to enlarge)
Click to Enlarge Name: crs backtest oct2-dec31 mondays.gif Size: 44 KB
Attached File(s)
File Type: pdf CRS OCT 3-Dec31 ST Report _ Mondays.pdf   548 KB | 446 downloads
File Type: pdf CRS OCT 3-Dec31 ST Report _ Tuesday.pdf   621 KB | 404 downloads
File Type: pdf CRS OCT 3-Dec31 ST Report _Wednesday.pdf   776 KB | 391 downloads
File Type: pdf CRS OCT 3-Dec31 ST Report _Thursday.pdf   693 KB | 383 downloads
File Type: pdf CRS OCT 3-Dec31 ST Report _Friday.pdf   566 KB | 409 downloads
  • #155
  • Jan 5, 2012 10:40am Jan 5, 2012 10:40am
What's the favoured bias regarding the regular trade?

Option 1, 2 or 3 as per post 1?
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
  • #156
  • Edited 2:54pm Jan 5, 2012 2:49pm | Edited 2:54pm
Quoting Caillou
Erebus, your approach is really interesting. Please, correct me if Iīm wrong:

1.- Only take Regular Trades
2.- SL: 50%: CT Trade 3
3.- So with the SL, 2% risk
4.- Direction: set by ADR High/ADR Low, Sell if ADR Low is further from Previous Day Low
5.- TP: 161.8
6.- Multiple pairs

Questions:

1.- Do you take any reentry?
2.- Do you move your SL to BE at 123.6 or something like that?

Thank you
I will try to answer as best I can, but please remember, it is only a new trading year and same as other followers here on Synergy CRS, I am finding my way with this excellent method.

I like it because the method is price based; we all know currency moves a certain amount everyday, this can be measured - it is how we watch the movement and see the action that determines whether or not we can take advantage of that daily movement.

Method:

1. Yes, I am only concentrate on the Regular Trade (RGT) - the Counter Trend Trades (CTT) take a lot of management, calculations etc. hence they are developed a robot to do that. Also, I feel that I am able to determine the TREND of higher time frames and enter in the "safe" direction. Just click quickly the EUR-USD and tell me what you see? Monthly, Weekly, Daily, 4 Hour

2. Yes, Stop Loss at the 50% line

3. Normally 2% but so confident, I am using 5% with this demo account, will post result later.

4. No, enter as per original rules for RGT, keeping in mind the main trend. This ADR moves as price moves, you have to watch it in real time to understand; at any given time, it calculates the HIGH of the day from current LOW, and the LOW of the day from the current HIGH. Until either of these is actually hit the 2 lines will redraw in the direction of the price movement.

5. Yes, mainly go for the 161.8 target = $$ =

6. Yes, 16 now, but may cull that down to majors so as to simplify things.

Answers:

1. No, have not had to consider that yet.

2. Sometimes, depends on price action, and my confidence of the main trend and where we are in the trading day also.

See this EUR-JPY chart, I could, and probably could have taken profit at 138.2 because also near the ADR full range (note line has changed to solid color instead of dotted), but at my bedtime just before New York open, I set stop loss to 123.6 to lock in profit and leave potential to go to 161.8.

Was taken out at 123.6 level but with the EUR-USD (chart later) trade, it did go down to 161.8
Attached Image (click to enlarge)
Click to Enlarge Name: 0031.png Size: 90 KB
It takes a lot for me to IGNORE you, but you can try.
  • #157
  • Jan 5, 2012 3:01pm Jan 5, 2012 3:01pm
Quote
Here are the Trades for Jan 4 and 5. Pretty much straight forward, with no CT.

Jan 5 Full Auto. Jan4 - Had to reboot Manual SL.
This EA does not take Scalp trades.
Places 3 OCO Stop buys and sells at 00:00

The Ratio used is 5:2:1

Once in trade, OCO deletes pending trades. Initiates CT trades.
CT trade ratio used is 4:2:1.

As coded currently, all trades are closed if price action reached mid, which is the initial stoploss of reg trades, kind of defeats the purpose of the 3rd CT trades as of now. Lets see how that goes.

If there is a loss,...
Great work on the EA Pat. A couple of things though, the Regular trades when initially placed should all be the same size (1 lot for example) to start. Only when we have a Regular Trade sequence that incurs a loss we should increase the lots. I treat them like CT trades where I add the original lot size but I stagger them heavier on RT 1. The sequence I would be using if I was taking multiple trades would go like this:

1-1-1= 3 lots
3-2-1= 6 lots
6-2-1= 9 lots
9-2-1 = 12 lots
12-2-1= 15 lots, an so on.

A couple of questions, is the CT 3 trade being executed at the mid point by the EA? If not, the 3rd CT Trade should still be placed with a 38.2/61.8 target (depending if long or short) because retracements to these areas are very common and important to recovery of the losses by the Regular trades. There is no need to manage it with the EA as there are only 2 outcomes, we're stopped out or the target being hit. Otherwise, if the EA is only placing 2 CT trades, you should change the ratio to maybe 5 to 2. So if you have 3 lots total in the Regular Trades, you should place CT 1 and CT 2 trades with 15 and 6 lots (5 x 3 and 2 x 3).

The other question is can you place the EA on a separate chart to tackle a new day's trades with different magic numbers?

I also see a lot of $0.00 trades in the PDF's. When Target 1 is hit are you just moving the stops to BE because it should be moved to the 107 fib extension or at least BE +5 at a minimum.
  • #158
  • Jan 5, 2012 3:35pm Jan 5, 2012 3:35pm
Here is the chart for EUR-USD Regular Trade, picture perfect
Attached Image (click to enlarge)
Click to Enlarge Name: 0032.png Size: 138 KB
It takes a lot for me to IGNORE you, but you can try.
  • #159
  • Jan 5, 2012 3:54pm Jan 5, 2012 3:54pm
Quote
Here is the chart for EUR-USD Regular Trade, picture perfect
This is what I like to see, Erebus is a great example of using the strategy to benefit his style of trading, good job. Just remember, if others want to follow your style or learn more about it, please consult with them outside of the thread, okay?

***Just a small note, I will be verifying my trading privileges with myfxbook.com today, so there will be a pending order placed along with the new trades for today. Please ignore this pending order as it has no relevance to the strategy and will be deleted once I'm verified, thank you.***
  • #160
  • Edited 4:15pm Jan 5, 2012 4:04pm | Edited 4:15pm
Myfxbook trading privileges and track record have been verified and a link to the strategy is now in my signature. Pending trades are placed for today's trading.
1 trader viewing now