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Attachments: Symphonie Trader System
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Symphonie Trader System

  • #6,181
  • Feb 21, 2012 3:40am Feb 21, 2012 3:40am
Quoting rivtrader
This is what Eval was saying yesterday about the whipsaws in early entries. The pink arrows are entries with yesterday's scalping rules without the Symphonie trendline and the green entry is the "later" Symphonie signal.

3 signals with 2 losses vs 1 signal well into profit. Every system has it's merit and it's drawdown, but you need to know what you are trading before you commit money.

This post is purely for educational purposes and not to put one idea over another.
That second trade, the short, was unlikely to ever fly.....look at the stochastic......it's too low for a short. Doesn't mean that it can't go lower, but it's not a high probability trade
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,182
  • Feb 21, 2012 3:41am Feb 21, 2012 3:41am
Quoting rivtrader
This is what Eval was saying yesterday about the whipsaws in early entries. The pink arrows are entries with yesterday's scalping rules without the Symphonie trendline and the green entry is the "later" Symphonie signal.

3 signals with 2 losses vs 1 signal well into profit. Every system has it's merit and it's drawdown, but you need to know what you are trading before you commit money.

This post is purely for educational purposes and not to put one idea over another.
nice post

question : what are youre settings for trend in your matrix, cause my trend hito show 2 more red bars than yours during this up trend
  • #6,183
  • Feb 21, 2012 3:42am Feb 21, 2012 3:42am
Quoting ikeo
Wao, its still firing up(EURUSD) after my exit. I obviously exited when I saw oppossing extreme spike which cancelled out before the candle closed. My fault.
There's nothing wrong with exiting with a profit!!!! I just asked because nothing on my chart suggested an exit yet, but obviously you got a signal to exit. I was just wondering. Good trade
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,184
  • Feb 21, 2012 3:43am Feb 21, 2012 3:43am
Quoting jurn_e
1st trade of the day to test this new strategy.

Closed half at +10pips.

Trading this in m5.

Still trading Original Symphonie at M15.

cheers
Nice
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,185
  • Feb 21, 2012 3:44am Feb 21, 2012 3:44am
Dear Rivtrader, where can I get those moving avergaes that cross over on the chart?? IS it an indicator? Please let me know, thank you, Sally

Quoting rivtrader
This is what Eval was saying yesterday about the whipsaws in early entries. The pink arrows are entries with yesterday's scalping rules without the Symphonie trendline and the green entry is the "later" Symphonie signal.

3 signals with 2 losses vs 1 signal well into profit. Every system has it's merit and it's drawdown, but you need to know what you are trading before you commit money.

This post is purely for educational purposes and not to put one idea over another.
  • #6,186
  • Feb 21, 2012 3:45am Feb 21, 2012 3:45am
Quoting realjumper
That second trade, the short, was unlikely to ever fly.....look at the stochastic......it's too low for a short. Doesn't mean that it can't go lower, but it's not a high probability trade
That's true, just looking over yesterday's signal to signal experiment and comparing to Symphonie just for sake of learning more about PA behavior. I have not taken any scalping trades, just the Symphonie long signal.
  • #6,187
  • Feb 21, 2012 3:48am Feb 21, 2012 3:48am
hi FF,
I have been trading quite a number of years.
This is a very good system I use only on EURUSD 5 min.
Why only EURUSD - 0.8 permanent spreads,
You need very low spread when you work on low TP.
I take 10pip Fixed TP.
SL to BE at +8.
SL exit on colour reversal or -20pips, whichever first,
Double up after a loser to boost next trade. (only if you trade low risk %, not advisable to every one)
Frankurt open to London Close only.
I attached today so far, +20. I wait for 2 red/blue before entry,
happy trading.
Attached Image (click to enlarge)
Click to Enlarge Name: symponie.jpg Size: 106 KB
  • #6,188
  • Feb 21, 2012 3:49am Feb 21, 2012 3:49am
I closed that EURUSD trade on a -3 pips loss when the opposite extreme spike with colour appeared and waited for the candle to close. -3 pips loss is not too bad, though.
  • #6,189
  • Feb 21, 2012 3:52am Feb 21, 2012 3:52am
Quoting Alex84
nice post

question : what are youre settings for trend in your matrix, cause my trend hito show 2 more red bars than yours during this up trend
I am using 20 5 because I switch a lot to the 30M where I make most of my trades and I like to get in a little earlier to have my exits closer.
  • #6,190
  • Feb 21, 2012 3:56am Feb 21, 2012 3:56am
Quoting cimsally
Dear Rivtrader, where can I get those moving avergaes that cross over on the chart?? IS it an indicator? Please let me know, thank you, Sally
Hi, just go to the upper right hand corner and click on the paper clip icon and you will see them right there on the first page. MA Crossover Lines or similar name.

Those lines may give many false signals, where you see them now may not be where they were when you were trading them live.
  • #6,191
  • Feb 21, 2012 3:58am Feb 21, 2012 3:58am
Quoting rivtrader
I am using 20 5 because I switch a lot to the 30M where I make most of my trades and I like to get in a little earlier to have my exits closer.
ok that's why i noticed this difference on trend histo
i feel my trend histo to be long to response, but as eval said, it's safety

thanks
  • #6,192
  • Feb 21, 2012 3:59am Feb 21, 2012 3:59am
Quoting gregh286
hi FF,
I have been trading quite a number of years.
This is a very good system I use only on EURUSD 5 min.
Why only EURUSD - 0.8 permanent spreads,
You need very low spread when you work on low TP.
I take 10pip Fixed TP.
SL to BE at +8.
SL exit on colour reversal or -20pips, whichever first,
Double up after a loser to boost next trade. (only if you trade low risk %, not advisable to every one)
Frankurt open to London Close only.
I attached today so far, +20. I wait for 2 red/blue before entry,
happy trading.

Hey , 0.8 pips permanent spread on EUR/USD. Who's your broker??
Island hopping throughout the Caribbean
  • #6,193
  • Feb 21, 2012 4:03am Feb 21, 2012 4:03am
Real Jumper, a huge credit to you and Eval. Even though Eval started this thread and credit to him; I'll give you a lot of thumbs up for stearing this thread on, from a lot of troubles. You are an excellent trader. My praises go also to Ohammond, Alorente, the programmer(Comer), and every positive contributor here.
  • #6,194
  • Feb 21, 2012 4:04am Feb 21, 2012 4:04am
Quoting Alex84
ok that's why i noticed this difference on trend histo
i feel my trend histo to be long to response, but as eval said, it's safety

thanks
Later is very often not always safer, please bear that in mind.
  • #6,195
  • Feb 21, 2012 4:09am Feb 21, 2012 4:09am
Quoting ohammond
Later is very often not always safer, please bear that in mind.
yes but it's part of the symphonie system, i mean this trend indy that must align to 3 others...

but i agree with you
  • #6,196
  • Feb 21, 2012 4:12am Feb 21, 2012 4:12am
Just watching the MA crosses, you notice that when we get a cross of big angles.....like 90 degrees....the move often flies. When we get crosses with much shallower angles.....the moves crash and burn......
Attached Images
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,197
  • Feb 21, 2012 4:13am Feb 21, 2012 4:13am
Not long after I closed my trade on EURUSD short on -3 pips loss the damn thing dropped massively and still dropping.

Can anyone suggest how to avoid this from happening again?
  • #6,198
  • Feb 21, 2012 4:15am Feb 21, 2012 4:15am
Quoting realjumper
Just watching the MA crosses, you notice that when we get a cross of big angles.....like 90 degrees....the move often flies. When we get crosses with much shallower angles.....the moves crash and burn......
I like this post.
  • #6,199
  • Feb 21, 2012 4:15am Feb 21, 2012 4:15am
Quoting ikeo
Real Jumper, a huge credit to you and Eval. Even though Eval started this thread and credit to him; I'll give you a lot of thumbs up for stearing this thread on, from a lot of troubles. You are an excellent trader. My praises go also to Ohammond, Alorente, the programmer(Comer), and every positive contributor here.
You're very welcome....and there's many great traders here without who's contributions, this thread would not be so vibrant and informative. It is a team effort.....and you are part of this team
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,200
  • Feb 21, 2012 4:16am Feb 21, 2012 4:16am
Quoting jurn_e
1st trade of the day to test this new strategy.

Closed half at +10pips.

Trading this in m5.

Still trading Original Symphonie at M15.

cheers
i overslept. im still trading in H1 for my live trade. M5 for demo.

in H1 AUD i got in 1.0707 11:20 GMT and just got out at 1.0667 since that's TP1, 40 pips as per RJ's symphpnie hybrid

in M5 i got in 1.0707 11:20 GMT and got out at 1.0681 = 26 pips . i was planning to do a signal-to-signal. but im chickening out on M5. it's really a scary chart to look at!
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