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Symphonie Trader System

  • #8,121
  • Mar 8, 2012 7:27am Mar 8, 2012 7:27am
Look like Eu is preparing for short,what u think?
  • #8,122
  • Mar 8, 2012 7:31am Mar 8, 2012 7:31am
no I dont think so.. More and more bondholders are starting to participate on the debt swap. Don't trade the news though.. I'm already in a position with SL set to BE.. if this heads north my TP is open or if it goes south I'm out with a 2 pip gain.
  • #8,123
  • Mar 8, 2012 7:34am Mar 8, 2012 7:34am
Quoting yelena
you see yesterday, in demo, i traded sell signals only produced by signaler 1.7 (since 1.9 was quiet)
Any idea why version 1.7 was giving signals and 1.9 was quiet? Are you using different settings or is there some fundamental difference between them?

PB
  • #8,124
  • Mar 8, 2012 7:36am Mar 8, 2012 7:36am
unchanged interest rates.. however economic outlook is still subject to downside risk..
  • #8,125
  • Mar 8, 2012 7:40am Mar 8, 2012 7:40am
price really kissed my SL

draghi says recovery should be slow and steady this year for the euro.. Confident in 3 yr LTRO to further support stabalization in the EZ
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  • #8,126
  • Edited 8:16am Mar 8, 2012 7:46am | Edited 8:16am
Since there has been much discussion concerning Trend and Consolidation; I thought I would pass on some information that may prove of help to you in your trading. concerning this topic.

I looked at the last 3 periods of consolidation for EURUSD:

The first prior period looking in the 5 min timeframe I discover the timeperiod of consolidation was 66 bars in legnth and had a total range width of 30 pips with 8 touch points before continuing higher 83 pips.

The prior period of consolidation was 111 (5min) bars in length and had a width of 30 pips with 16 touch points before continuing higher by 40 pips.

The period of consolidation before this was a period of consolidation 93 (5min) bars long a with a width of 36 pips and 8 touch points.

GENERAL STATISTICS
Averages
(66+111+93)/3= 57 bars in length on average
(30+30+36)/3= 32 pips in width on average
(8+16+8)/30= 10 touch points on average

I think you will find interesting similarities where one can make assumptions in determining how to deal with periods of consolidation versus periods of trending in the market price action.


Evaluator.:nerd:

P.S. Periods like this type of consolidation generally indikate that the price action will continue in the same direction. It is not always the case; but as a general rule these period of consolidation 60% of the time tell you that the price action will continue in the same direction after the consolidation ends.
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  • #8,127
  • Mar 8, 2012 7:52am Mar 8, 2012 7:52am
Great insight on consolidation Evaluator, these periods in the market are priceless to understand due to the nature of the breakout following this consolidation....
  • #8,128
  • Mar 8, 2012 8:01am Mar 8, 2012 8:01am
stop is set to BE still but I'm so whiped I need some sleep.. Draghi's outlook on the Euro remains bullish.. The LTRO is seen as a big success thus far.

Lets ride the Euro bull

have a good day guys!
  • #8,129
  • Mar 8, 2012 8:04am Mar 8, 2012 8:04am
running AU buy 1.0593 closed at 1.0636 by trailing stop = 43
total weekly = 1149
running EU left with TS hopefully it will be able to follow the supertrendline

either my TS is a work in progress or this bull is a fluke
  • #8,130
  • Mar 8, 2012 8:07am Mar 8, 2012 8:07am
nice work
you are spectacular strategist .

never met anyone like you in the world markets, and i'm friend of Howard Friend


Quoting Evaluator
Since there has been much discussion concerning Trend and Consolidation; I thought I would pass on some information that may prove of help to you in your trading. concerning this topic.

I looked at the last 3 periods of consolidation for EURUSD:

The first prior period looking in the 5 min timeframe I discover the timeperiod of consolidation was 66 bars in legnth and had a total range width of 30 pips with 8 touch points before continuing higher 83 pips.

The prior period of consolidation was 111 (5min) bars in length and had a width of 30 pips...
  • #8,131
  • Mar 8, 2012 8:18am Mar 8, 2012 8:18am
Quoting yelena
because 1.7 will give you signals based on the TF you placed it

if 1.9 is in M5 it will give you signals if its in the same direction as H1 or whatever TF you placed in "extraSignal TF", 60=H1. that's the concept of M5 + H1. i know i know, someone is mimicking this.

you ever wonder why i only have 1 position per currency every single day? or at most 2?

and why i check 4 other "correlated' currencies (traveling in the same direction)? i want quality trades... if at all possible, no losses.

EU 3 signals
AU 2 signals
EU 5 signals
GU...
Ah, now I see what you mean. It's just the same as changing 'useExtraSignal' to FALSE in the 1.9 version.
  • #8,132
  • Mar 8, 2012 8:20am Mar 8, 2012 8:20am
Quoting yelena
because 1.7 will give you signals based on the TF you placed it

if 1.9 is in M5 it will give you signals if its in the same direction as H1 or whatever TF you placed in "extraSignal TF", 60=H1. that's the concept of M5 + H1. i know i know, someone is mimicking this.

you ever wonder why i only have 1 position per currency every single day? or at most 2?

and why i check 4 other "correlated' currencies (traveling in the same direction)? i want quality trades... if at all possible, no losses.

EU 3 signals
AU 2 signals
EU 5 signals
GU...
I like your idea of using the H1 trendline colour change as an exit signal. When you're taking entry signals off the M5 chart are you referring to the H1 chart's trend line or RJ's arrow as the confirmation of direction?
  • #8,133
  • Mar 8, 2012 8:32am Mar 8, 2012 8:32am
Thank you very much for your kind explanations!
  • #8,134
  • Mar 8, 2012 8:35am Mar 8, 2012 8:35am
Jesus,
When Mr. Draghi shuts up ?
  • #8,135
  • Mar 8, 2012 8:58am Mar 8, 2012 8:58am
Someone went into buying at the top of the sail of the 14:35 euro dollar?
  • #8,136
  • Mar 8, 2012 9:15am Mar 8, 2012 9:15am
Quoting Evaluator
Since there has been much discussion concerning Trend and Consolidation; I thought I would pass on some information that may prove of help to you in your trading. concerning this topic.

I looked at the last 3 periods of consolidation for EURUSD:

The first prior period looking in the 5 min timeframe I discover the timeperiod of consolidation was 66 bars in legnth and had a total range width of 30 pips with 8 touch points before continuing higher 83 pips.

The prior period of consolidation was 111 (5min) bars in length and had a width of 30 pips...

Cg NIce
  • #8,137
  • Mar 8, 2012 9:23am Mar 8, 2012 9:23am
Hello Eval,

This is my first post here. I´m still learning your system, each variation with signaler, matrix, arrow,......amazing.

Just one question: has anyone tried in forwardtest "signal to signal" rule?

If yes, how is the performance in ranging markets? I´m really interested in this kind of MM.

Thank you very much to everyone who makes this thread so educational day by day.

Cheers
  • #8,138
  • Mar 8, 2012 9:43am Mar 8, 2012 9:43am
Quoting Caillou
Hello Eval,

This is my first post here. I´m still learning your system, each variation with signaler, matrix, arrow,......amazing.

Just one question: has anyone tried in forwardtest "signal to signal" rule?

If yes, how is the performance in ranging markets? I´m really interested in this kind of MM.

Thank you very much to everyone who makes this thread so educational day by day.

Cheers
Hello Caillou,

Nice to see you here ! Welcome !
Ranging period simply kills the system, in trending it simply rocks like hell.
That's we are currently looking to identify ranging market mathematically (based on a number of bars and a pip-range) to avid this.
Probably the new signaler v1.9 will integrate that feature.

Cheers,
LhDT
#### Follow me at @LioH_ on Twitter ... ####
  • #8,139
  • Mar 8, 2012 9:47am Mar 8, 2012 9:47am
Quoting lhDT
Hello Caillou,

Nice to see you here ! Welcome !
Ranging period simply kills the system, in trending it simply rocks like hell.
That's we are currently looking to identify ranging market mathematically (based on a number of bars and a pip-range) to avid this.
Probably the new signaler v1.9 will integrate that feature.

Cheers,
LhDT
Thank you LhDT,

As always excellent work. I imagine ranging markets kills the system but will the "signal to signal" be better or worst than another exit strategy in this sort of market?

Thanks again
  • #8,140
  • Mar 8, 2012 9:51am Mar 8, 2012 9:51am
EURUSD - Bearish divergence on 5min but Symph showing Bull on 1hr and almost Bull on 5min.

EDIT : Divergence now negated.
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