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Symphonie Trader System

  • #6,961
  • Feb 28, 2012 4:22am Feb 28, 2012 4:22am
Quoting pixelboy
Some people are suited to the daily charts and others to the M1 chart. If you have most success trading the longer time frames, then you should stick to that. It's not reasonable to expect to switch styles and change your trading style overnight. I imagine it would take a good three to six months to get your head around a new system and timeframe.

I assure you that many people who participate in this thread are making very good consistent profits using this system, or a hybrid of it. I know, because I'm doing it and I'm virtually a newbie.

Regarding...
Pixieboy,

Nice post. I like your last line.

Quote
Above all, be positive, otherwise you are doomed to fail - at this and most other things.

You are 100% correct. A positive attitude is key to being a successful trader.

Evaluator.:nerd:
  • #6,962
  • Feb 28, 2012 4:27am Feb 28, 2012 4:27am
Quoting Evaluator
Pixieboy,

Nice post. I like your last line.



You are 100% correct. A positive attitude is key to being a successful trader.

Evaluator.:nerd:
Guten tag Eval. Wie geht es dir? Können Sie mir helfen? I must be missing an indicator to support symphone signal because it does not give me signals or draw S&R, ect... It stops at the end of the list of confirmations. Danke
  • #6,963
  • Feb 28, 2012 4:28am Feb 28, 2012 4:28am
@rdwatkins, FXSwissTrader

pls be informed that i am a noob with 12 months of simulation, 6 months of symphonie demo and 2wks 2 days of live (total running pips 1400+ , total losing pips 138)

i use signals 1.7 with M5 and HA. it will only signal if, trendline, spike, emo and senti align to the same direction. i dont look at my terminal until i get H1 signal, then i wait for M5 signal before i enter. i exit using something else.

how i wish i entered 86.80 bar. but i logged in late so i got 80.96 in M5 with a previous H1 signal and exited at 87.07. yes my stoploss is 86.07 (too high? it's just me). i take out everything at TP1.

yes the occurence of H1 + M5 together is low 2x a day between frankfurt to mid new york. in great days like yesterday and friday, 6-8x per currency. that's why i also use other currencies.

nope, i dont hunt for reversals unless its plain to see that a reversal is inevitable

i trade with what i see not with what i think will happen coz i dont know trendlines, s, r , pivots, bear flags... etc. i dont know them.

all i know is that if everything is in the same direction, i do not see any reason not to enter.

all answered? for drawing TP1 and SL, just read 20 pages back you'll be good. signals 1.7 has a built in ATR, you can use that too. it's just too fast in M5 and too slow in H1. i trade maybe 12hrs a day... ahahahaha.. the rest are spent here in FF, drinking water, doing pilates, eating whatever is in the refrigerator, studying pivots, simulations and now, trading pareto project.
  • #6,964
  • Edited 4:54am Feb 28, 2012 4:32am | Edited 4:54am
Hope you'all are in EUR/JPY, I'm in at 108.40.

Edit: closed trade @108.10. With the bounce at 108.00 forming a rail road track reversal formation and with stochastic exhausted. +30 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 65 KB
Island hopping throughout the Caribbean
  • #6,965
  • Feb 28, 2012 4:33am Feb 28, 2012 4:33am
Yelena,

I am downloading all your past entries and assembling them for study but, this response was most helpful. Thank you for your clear and more detailed elaboration on your method and "noob" insights



Quoting yelena
@rdwatkins, FXSwissTrader

pls be informed that i am a noob with 12 months of simulation, 6 months of symphonie demo and 2wks 2 days of live (total running pips 1400+ , total losing pips 138)

i use signals 1.7 with M5 and HA. it will only signal if, trendline, spike, emo and senti align to the same direction. i dont look at my terminal until i get H1 signal, then i wait for M5 signal before i enter. i exit using something else.

how i wish i entered 86.80 bar. but i logged in late so i got 80.96 in M5 with a previous H1 signal and exited at...
  • #6,966
  • Feb 28, 2012 4:39am Feb 28, 2012 4:39am
Quoting FXSwissTrader
Guten tag Eval. Wie geht es dir? Können Sie mir helfen? I must be missing an indicator to support symphone signal because it does not give me signals or draw S&R, ect... It stops at the end of the list of confirmations. Danke

Hallo SwissTrader,

Naturlich! Erste, man muss die ursprüngliche vier indikatoren aüf post#1 haben; auch fragen ldHT, weil er ist der creator Symphonie Signaler indikator und er kann bei dir besser helfen.. Ich bin nür ein Benutzer nicht ein Programmer.

Evaluator.:nerd:
  • #6,967
  • Feb 28, 2012 4:42am Feb 28, 2012 4:42am
Quoting yelena
@rdwatkins, FXSwissTrader

pls be informed that i am a noob with 12 months of simulation, 6 months of symphonie demo and 2wks 2 days of live (total running pips 1400+ , total losing pips 138)

i use signals 1.7 with M5 and HA. it will only signal if, trendline, spike, emo and senti align to the same direction. i dont look at my terminal until i get H1 signal, then i wait for M5 signal before i enter. i exit using something else.

how i wish i entered 86.80 bar. but i logged in late so i got 80.96 in M5 with a previous H1 signal and exited at...

yelena,

You say your criterea for exit does not fit in the 5 exit strategies. Can you explain in detail? Maybe it could be a exit strategy #6!

Many thanks,

Evaluator.:nerd:
  • #6,968
  • Feb 28, 2012 4:45am Feb 28, 2012 4:45am
Quoting dumplin_eater
Hope you'all are in EUR/JPY, I'm in at 104.40
You mean 108.40 I think? Yeah I'm in 20 below you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,969
  • Feb 28, 2012 4:45am Feb 28, 2012 4:45am
Quoting Evaluator
yelena,

You say your criterea for exit does not fit in the 5 exit strategies. Can you explain in detail? Maybe it could be a exit strategy #6!

Many thanks,

Evaluator.:nerd:
Yep, curious too !
#### Follow me at @LioH_ on Twitter ... ####
  • #6,970
  • Feb 28, 2012 4:47am Feb 28, 2012 4:47am
Quoting realjumper
You mean 108.40 I think? Yeah I'm in 20 below you
Yeah, you're correct . Now lets hope it closes below 108.00.
Island hopping throughout the Caribbean
  • #6,971
  • Feb 28, 2012 4:47am Feb 28, 2012 4:47am
Quoting Evaluator
yelena,

You say your criterea for exit does not fit in the 5 exit strategies. Can you explain in detail? Maybe it could be a exit strategy #6!

Many thanks,

Evaluator.:nerd:
As far as I know she uses the fibo expansion take profit.
  • #6,972
  • Feb 28, 2012 4:48am Feb 28, 2012 4:48am
Quoting dumplin_eater
Hope you'all are in EUR/JPY, I'm in at 108.40
I took the long signal, prior to the short. Got a long signal on H1, then entered on M5 signal.

- 30 ouch
Follow the money --Mark Felt (Deepthroat)
  • #6,973
  • Feb 28, 2012 4:53am Feb 28, 2012 4:53am
Quoting dumplin_eater
Yeah, you're correct . Now lets hope it closes below 108.00.
Yep...the round number 108 might be a problem. I have SL at be which is early, but I'm aware of the support that the round number may provide
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,974
  • Feb 28, 2012 4:53am Feb 28, 2012 4:53am
Quoting realjumper
You mean 108.40 I think? Yeah I'm in 20 below you
Were you looking on the M5 chart for that short RJ ?

SR
  • #6,975
  • Feb 28, 2012 4:55am Feb 28, 2012 4:55am
Quoting longfellow
I took the long signal, prior to the short. Got a long signal on H1, then entered on M5 signal.

- 30 ouch
Was that the signaller or matrix?
  • #6,976
  • Feb 28, 2012 4:57am Feb 28, 2012 4:57am
Quoting ohammond
Was that the signaller or matrix?
Both
Follow the money --Mark Felt (Deepthroat)
  • #6,977
  • Feb 28, 2012 4:59am Feb 28, 2012 4:59am
Quoting Sjr
Were you looking on the M5 chart for that short RJ ?

SR
I was, yes. The entry wasn't ideal because the stochastic is quite low at the time, but I thought it was worth the risk because the divergence exists and because the DP had just capitulated. But as we can see at the time of writing this, I got stopped out at BE......oh well.....thems the breaks!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #6,978
  • Feb 28, 2012 4:59am Feb 28, 2012 4:59am
Quoting Evaluator
Hallo SwissTrader,

Naturlich! Erste, man muss die ursprüngliche vier indikatoren aüf post#1 haben; auch fragen ldHT, weil er ist der creator Symphonie Signaler indikator und er kann bei dir besser helfen.. Ich bin nür ein Benutzer nicht ein Programmer.

Evaluator.:nerd:

Vielen Dank Eval.
  • #6,979
  • Feb 28, 2012 5:00am Feb 28, 2012 5:00am
Quoting longfellow
I took the long signal, prior to the short. Got a long signal on H1, then entered on M5 signal.

- 30 ouch
Sorry to hear that, but once I saw that it didn't consolidate above the daily range I wasn't going to long anymore. Lets hope the pivot acts as resistance so we can look for another short entry there.
Island hopping throughout the Caribbean
  • #6,980
  • Feb 28, 2012 5:01am Feb 28, 2012 5:01am
Quoting longfellow
Both
Then what are your trendline settings, the reason I'm asking is the matrix signalled on the 8am candle (GMT +2) for a long on the 1hr, so by the time you went in it had already moved quite a distance.
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