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Symphonie Trader System

  • #7,501
  • Mar 5, 2012 7:24am Mar 5, 2012 7:24am
I can't get myself to pull the trigger on a EUR/USD long. Can't believe it's going up today after being down at 1.3160's. Still trading below pivot. If Greece defaults, those long stop losses will accelerate the drop. Just my OP.
  • #7,502
  • Mar 5, 2012 7:31am Mar 5, 2012 7:31am
Quoting FXSwissTrader
I can't get myself to pull the trigger on a EUR/USD long. Can't believe it's going up today after being down at 1.3160's. Still trading below pivot. If Greece defaults, those long stop losses will accelerate the drop. Just my OP.
Looking at the H1 chart, I am tempted to pull the trigger for a long in 30 mins or so, depending on close of this candle. Not sure if its smart or not though.
  • #7,503
  • Mar 5, 2012 7:32am Mar 5, 2012 7:32am
today's trades:
AU sell 1.07006 close 1.06793 (TP1) = 21.3 x 2 orders = 42 pips
AJ sell 87.27 close 87.08 (TP1) = 19 x 2 orders = 38 pips
AU buy 1.06853 close 1.06935 = 10 pips; counter trade

EU buy 1.3195 close 1.3208 = 10 pips; counter trade
EU buy 1.3208 close 1.3220 = 10 pips; H1 signal only



daily running = 110 pips


started early today, expecting that AU and AJ will first try to catch up EU's big move last friday and once completed, all 3 to get hit a "tiny" reversal. these were screen caps of my trades with entry prices captured.
Attached Image (click to enlarge)
Click to Enlarge Name: start mar5.png Size: 44 KB
  • #7,504
  • Mar 5, 2012 7:35am Mar 5, 2012 7:35am
Quoting bobmorloc
hello all
is there someone using signal Symphony 1.7 (with 20-5 settings) in M5 could confirm these signals ?
audusd buy signal @ 1.06929 [15:05(fxpro)]
eurusd buy signal @ 1.32206 [15:10(fxpro)]

i want to see if i have the same signals....
Thanks
eurusd buy @ 1.32062
audusd buy @ 1.06916
  • #7,505
  • Mar 5, 2012 7:53am Mar 5, 2012 7:53am
Quoting rivtrader
eurusd buy @ 1.32062
audusd buy @ 1.06916
Thanks a lot rivtrader. all seems to work fine. we have the same audusd buy signal and i have an eurusd buy signal earlier @ 1.32043 [14:35fxpro]

here are all the last signals i have :
Attached Image (click to enlarge)
Click to Enlarge Name: signals.JPG Size: 55 KB
  • #7,506
  • Mar 5, 2012 7:54am Mar 5, 2012 7:54am
Just 2 trades in EU today, +20pips.

: )
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-03-05_2151.png Size: 79 KB
Pivot Boss in the making~
  • #7,507
  • Mar 5, 2012 8:07am Mar 5, 2012 8:07am
If you are long it would be good to know that EU GU are very near the daily pivot, for you new guys, the daily pivot is usually strong resistance and support.
  • #7,508
  • Mar 5, 2012 8:13am Mar 5, 2012 8:13am
Quoting rivtrader
If you are long it would be good to know that EU GU are very near the daily pivot, for you new guys, the daily pivot is usually strong resistance and support.
Agreed Symphonie is displaying a LONG in the face of Daily Pivot. Be careful.
  • #7,509
  • Mar 5, 2012 8:18am Mar 5, 2012 8:18am
Only entered this trade..

Not the best place to enter there was a little support area around 3207, but the price was moving quite strongly at the time and there was a higher low giving a bit of confidence that the price might push upwards, plus laid my trust in symphonie..

I exited the trade because price stalled and started to dance with the pivote line.

Result 26 pips + after spread
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #7,510
  • Mar 5, 2012 8:20am Mar 5, 2012 8:20am
Quoting Seabreeze
Only entered this trade..

Not the best place to enter there was a little support area around 3207, but the price was moving quite strongly at the time and there was a higher low giving a bit of confidence that the price might push upwards, plus laid my trust in symphonie..

I exited the trade because price stalled and started to dance with the pivote line.

Result 26 pips + after spread
oopps forgot to add chart


Attached Image (click to enlarge)
Click to Enlarge Name: 5min today.gif Size: 32 KB
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #7,511
  • Mar 5, 2012 8:32am Mar 5, 2012 8:32am
Quoting Seabreeze
oopps forgot to add chart


Attachment
Sexy entry. Nice pick.
  • #7,512
  • Mar 5, 2012 8:35am Mar 5, 2012 8:35am
perfect entry
  • #7,513
  • Mar 5, 2012 8:44am Mar 5, 2012 8:44am
Quoting Rokz
Sexy entry. Nice pick.
I normaly find if you get a symphonie signal and good price momentum the trade is normaly quite good. But will keep my eye on price action..Ive also come to realise that the pivote and fibs are a perfect target to aim for..
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #7,514
  • Mar 5, 2012 8:47am Mar 5, 2012 8:47am
Quoting Seabreeze
I normaly find if you get a symphonie signal and good price momentum the trade is normaly quite good. But will keep my eye on price action..Ive also come to realise that the pivote and fibs are a perfect target to aim for..
Did you judge momentum from the 2 Bull candles or from the all blue MTF Heiken Ashi?
  • #7,515
  • Mar 5, 2012 8:49am Mar 5, 2012 8:49am
Quoting jurn_e
Just 2 trades in EU today, +20pips.

: )
Hi jurn_e - good to see you caught a couple of trades. I'm getting chopped around like crazy today!

How do you place your stop loss for your 10 pip TP trades? Are you using a fixed amount or do you place them above a swing level?

Thanks,

PB
  • #7,516
  • Mar 5, 2012 8:54am Mar 5, 2012 8:54am
Quoting Rokz
Did you judge momentum from the 2 Bull candles or from the all blue MTF Heiken Ashi?
Both I will only enter a trade for buy if I have blue all way across the Heiken Ashi and Symphonie matrix and red for a sell...I find this gives me less trades but they are normaly quality trades.

The price action in this case was fairly strong as well..

I also like to see RJ's arrow in the same direction on 5m and H1 Charts.

My first thought was a steady 10 pips but because price was in sight of the pivote and gaining a second wind I thought I would let it go and milk it a little
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #7,517
  • Mar 5, 2012 8:59am Mar 5, 2012 8:59am
Just took the short on AUDUSD @ 1.0676. Using the fib expansion for stop loss and target. Stop @ 1.0706, TP @ 1.0615.

(Edit: Short was from the 1.7 signal + confirmation from the H1 trend.)

Let's see if the US news can shift it in the right direction!

PB
  • #7,518
  • Mar 5, 2012 9:03am Mar 5, 2012 9:03am
I'm still holding my EURUSD short trade from this morning @ 1.3178 (also from the signals 1.7 using H1 trend). Luckily I placed my stop at the pivot rather than a hard 50 pips. Just come in and noticed it missed it by about 1.5 pips! Running about -40 pips so far. Have TP set using the fib expansion @ 1.3065.

PB
  • #7,519
  • Mar 5, 2012 9:05am Mar 5, 2012 9:05am
Quoting pixelboy
Just took the short on AUDUSD @ 1.0676. Using the fib expansion for stop loss and target. Stop @ 1.0706, TP @ 1.0615.

(Edit: Short was from the 1.7 signal + confirmation from the H1 trend.)

Let's see if the US news can shift it in the right direction!

PB
Should have waited for 1.06990 S1 you would get a better price.
  • #7,520
  • Mar 5, 2012 9:18am Mar 5, 2012 9:18am
Yelena,

What would happen if you didn't like trading off of 2 charts.
And you just traded off of the 5 minute chart?

If a person took every signal on the 5 minute chart and
just looked at the 5 minute chart, how well do you
think they would do?

The 1 hour chart to me looked very flat last night?
In my opinion not a lot of trades last night on the
1 hour eur/dol chart?

tks

snarlyjack
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