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Symphonie Trader System

  • #8,381
  • Mar 10, 2012 2:50pm Mar 10, 2012 2:50pm
Quoting akamal
I started reading all posts of this system, I see this is a very promising system. But I wanted to know, is there anyone that invested with a broker, and made a huge amount of profits, and could withdraw all this profit.

Because for every broker I can see bad reviews, and a lot of Scam reports, this happens for almost all brokers.

I'm not sure if I spent a lot of time and effort, and was lucky to have profits, will I then be able to withdraw them?

Please tell me your experience.

Thanks.
As you've said, there are a lot of bad reviews and scam reports for most brokers, you will get them from all sorts of people, unfortunately, a lot of people blame the broker when their trading goes wrong, its easier than blaming yourself.

I use fxpro, (fxpro.com) ibfx.com and ibfx.com.au and gkfx (gkfx.co.uk) the last one is a spreadbetting company (tax free profits in the UK). I've found all of them to be reliable, although ibfx has a higher spread than the others, but all are regulated which is important in finding a broker. With fxpro withdrawals are very fast with no fee to withdraw and has segregated client funds, ibfx takes longer and charges $25 for an international wire, and gkfx charges nothing to withdraw. All in all I'm happy with all of them for different reasons, just make sure you go with a regulated company and you will be safer than one who is not.
  • #8,382
  • Mar 10, 2012 3:05pm Mar 10, 2012 3:05pm
Hi guys, this is my first post here, so in first place i'd like to thanks evaluator for sharing his system , i admit that 559 pages of post scares me a little, i read them from 450 to the last one , i'm really impressed from the statistic and the statements the some of you have posted so i'd like to try this system, here's the problem, i've downloaded the symphonie sig 1_9 beta, the matrix indikator v2_1 and the symphonie indicator v2... first of all i cant go down to 5m tf, dont know why, the max it's 15min, after that my mt4 freeze, but that's not a real problem for me as i trade looking for 1/4 tf, so if i have to look for confirm in 1h tf the 15min tf it's perfect...

But every time that i look your chart i see that the signal for sell and buy it's when the matrix goes all red or all blue... in my chart though this wont happened... Do you know why? There is some set up that i have to change?

Here's my chart... the matrix ind neve goes all red or all blue...

http://img3.imageshack.us/img3/8610/symphonie.gif

p.s sorry for my english
  • #8,383
  • Mar 10, 2012 3:35pm Mar 10, 2012 3:35pm
Quoting rcbarlow
What indicator gives you the TPs?
fibonacci expansion. on your MT4, insert/fibonacci/expansion
#4224 fibo expansion settings
#4215 how to draw
  • #8,384
  • Mar 10, 2012 3:42pm Mar 10, 2012 3:42pm
@olivia
i checked back on all 5 charts in H1 and my conclusion remains the same:
that if the prices are trending we can use your/new supertrendline.
but if its ranging, id prefer using my/old.

all the signals produced by 1.7 to the direction of the old supertrendline were able to lock profits at 10 pips each (without adding additional orders to existing ones)

this maybe our key to riding the wave during ranging markets
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sTL vs STL.png Size: 29 KB
Click to Enlarge Name: sTL vs STL2.png Size: 35 KB
  • #8,385
  • Mar 10, 2012 3:45pm Mar 10, 2012 3:45pm
Quoting yelena
@olivia
i checked back on all 5 charts in H1 and my conclusion remains the same:
that if the prices are trending we can use your/new supertrendline.
but if its ranging, id prefer using my/old.

all the signals produced by 1.7 to the direction of the old supertrendline were able to lock profits at 10 pips each (without adding additional orders to existing ones)

this maybe our key to riding the wave during ranging markets
But 1.9 gives you the same signals as this trendline, so will you still be using 1.9? Also it must be the one used in the matrix because in each of my pics the trendline in the matrix is red as well, or are you talking about exits only.
  • #8,386
  • Mar 10, 2012 4:04pm Mar 10, 2012 4:04pm
Quoting ohammond
But 1.9 gives you the same signals as this trendline, so will you still be using 1.9? Also it must be the one used in the matrix because in each of my pics the trendline in the matrix is red as well, or are you talking about exits only.
for ranging markets, i need more signals so i use 1.7 + old supertrendline (to guide entry signals) + 10-pip TP's .

for trending markets, 1.9 coz i just need quality signals only + new supertrendline (to guide exit signals)

i made 2 profiles since last week so i can just switch tools in 1 click based on market conditions. this time, editing the STL's.

waiting for bidong's response. perhaps, we can use it to scan high volatility markets as ranging markets are far too dangerous vs trending, IMHO
  • #8,387
  • Mar 10, 2012 4:27pm Mar 10, 2012 4:27pm
I have sent it to Yelena, Daniel and Randy Barlow..... Let me find a free site to upload it to and then pass on the link...

It is a stand alone tool not an MT4 indicator and the strength of currency is measured against 35 other tradeable currencies in the Interbank market... It will help us avoid ranging markets and to look for opportunities in the most likely trending pairs..
  • #8,388
  • Edited 6:11pm Mar 10, 2012 4:43pm | Edited 6:11pm
Here is the link for those who might be interested in download the currency strength meter...

http://www.woofiles.com/dl-291942-vx...engthMeter.msi

The Currency strength meter will also give results of news expected to be market movers eg NFP figures, Interest rate decisions etc... It gives both the Expected and Real value so u can calculate the variance (surprise factor) and trade accordingly.
  • #8,389
  • Mar 10, 2012 5:50pm Mar 10, 2012 5:50pm
Thank you to everyone thats contributing to this amazing thread and to this wonderful system.

I have a few questions please -

1. Which ver/indicators should I have running at the same time to obtain the best possible signal?

2. I entered a SELL trade based on a signal I received from ver1.9 to then have the STL indicator change color back to blue after about 2 hours, and my understanding was that I must exit the trade if the STL changes color, so I exited the trade with only a 2pip profit however a few mins after that it changed color again to red and the pair went down another 50pips which I missed out on as I closed the trade once the STL changed color.....was that a repaint?? or what happened there?? I'm sorry I do not have a chart to post for this.

3. What in your opinion would be the best TF to use this system on? I have only used t on the 5M chart so far but hardly get any signals on the only pair I trade which is AUD/USD

4. To obtain the SELL or BUY alert pop up box in MT4 do I need to download any other indicator or is ver1.9 supposed to alert you automatically with the pop up box?? if so it has never done that for me so unsure if I have incorrect settings or I need to download something extra?

Thank you in advance for your help and keeping this thread the best one I have come across in all my time on FF !
  • #8,390
  • Mar 10, 2012 10:32pm Mar 10, 2012 10:32pm
Quoting kidrock
Hi guys, this is my first post here, so in first place i'd like to thanks evaluator for sharing his system , i admit that 559 pages of post scares me a little, i read them from 450 to the last one , i'm really impressed from the statistic and the statements the some of you have posted so i'd like to try this system, here's the problem, i've downloaded the symphonie sig 1_9 beta, the matrix indikator v2_1 and the symphonie indicator v2... first of all i cant go down to 5m tf, dont know why, the max it's 15min, after that my mt4 freeze, but that's...
I do hope you've read Page 1 post #1. You need to read that, and download all the indicators that are in that post for the different variances to work. If you had read before page 450 you would also know that version 2.1 is not based on the same maths.

The signaller will give you actual signals so you would just go in when that signals as Yelena does, if you are going to try a matrix and do it on your own you need to use either 1.6 or 1.7.
  • #8,391
  • Mar 10, 2012 10:40pm Mar 10, 2012 10:40pm
Quoting Daytrader74
Thank you to everyone thats contributing to this amazing thread and to this wonderful system.

I have a few questions please -

1. Which ver/indicators should I have running at the same time to obtain the best possible signal?

2. I entered a SELL trade based on a signal I received from ver1.9 to then have the STL indicator change color back to blue after about 2 hours, and my understanding was that I must exit the trade if the STL changes color, so I exited the trade with only a 2pip profit however a few mins after that it changed color again to...
1. It depends if you want it to signal for you, or if you want to do it yourself. If you want it to signal for you, you should use the signaller 1.9beta, if you want to do it yourself then use one of the matrix versions 1.6 or 1.7 etc. In either case you need all the indicators from post #1 for them to work properly.

2. If you are looking at the 5min chart, Evaluator doesn't come out of a trade until there have been 4 extremes bars the other colour, not just the trendline, and some others of us come out if there is a full signal in the opposite direction, others come out at pivots etc. I think Yelena comes out of a trade when the trendline changes on the 1hr not the 5min.

3. It gives very good signals on 5m, 15m and 1hr, really depends on the timeframe you want to use.

4. Not sure about that one, Yelena would be best to answer as I don't use the signaller.
  • #8,392
  • Edited 4:48am Mar 11, 2012 3:27am | Edited 4:48am
Hi Ohammond, yes i've read the first page , and all the updates and setting in there, my doubt it's about the indicator in MY charts, i've seen a lot of picture of the matrix v2_1 in your charts and in each one of them the matrix has points were is al red or all blue... in my charts it never happen... look

http://img3.imageshack.us/img3/8610/symphonie.gif

The EXTREME and the EMOTION line never change color... i've also going backward in time but those two remain alway of that color...

Maybe because market was already closed and the indicator didnt start to work?
  • #8,393
  • Mar 11, 2012 6:14am Mar 11, 2012 6:14am
Quoting ohammond
1. It depends if you want it to signal for you, or if you want to do it yourself. If you want it to signal for you, you should use the signaller 1.9beta, if you want to do it yourself then use one of the matrix versions 1.6 or 1.7 etc. In either case you need all the indicators from post #1 for them to work properly.

2. If you are looking at the 5min chart, Evaluator doesn't come out of a trade until there have been 4 extremes bars the other colour, not just the trendline, and some others of us come out if there is a full signal in the opposite...
Ohammond, thank you very much for all your help!
  • #8,394
  • Mar 11, 2012 6:43am Mar 11, 2012 6:43am
Quoting Evaluator
Interesting events are happening over the weekend. Here is some leisure time reading to help give you sleepless nights. lol

Greek debt swap triggers massive payouts

http://www.ft.com/home/us


Moody's declares Greece in default of debt

http://ca.news.yahoo.com/moodys-decl...232804003.html

Spain’s new government faces first strike

http://www.ft.com/intl/cms/s/0d17075...#axzz1oiBgyzE1



Lastly....interesting...
Hi all, Evaluator,
i've been doing some research as to what we might expect as far as the euro and greece is concerned. i read you articles posted, and have to add two cents of my own here.

i am very fond of the symphonie system and greatly enjoy reading everyone's posts, from the scarcasm, and dim-witt replies some of the stiff-lipped ding bat schmucks, have to offer to newbs like me, and the insight all of you provide.- take it easy on us, we just trying to learn what you already know, DONT RUB IT IN.!!! 7, 8, 9000 pages/posts to go through, yeh right!!! where's it at today?

i agree strongly with Yelena that us men might be over-analysing a lot of the info and we sometimes over-react and are in a hurry to get to the million dollar mark. i personally have blown a few accounts, haha, and then i found Symphony. since then i've only blown 2 accounts but this is only my greed, gambling alter-ego that kicks in. PATIENCE guys, it's in post 1. i break the rules again. i've only put in $60 K so far but i did it in small staes like 5 or 10 K at a time, also wrong. i break the rules cos i like to.

i have MADE A LOT OF PIPS due to the greek saga, but this is where i feel i must jump in and warn all about making rash decisions on playing the forex game. i've made the following mistake and subsequently blown my accounts, so here go's; UPDATE!!, i've lost more than i've made if you have'nt figured it out yet! so take all with a pinch (bag) of salt.

there is nothing in the markets that suggest a week Euro, please don't be alarmed by this and accept that the dollar is going to weaken significantly. there is no way the Euro will go down to 1.20's. Definately not in the near-term, maybe if Portugal or Italy, or any other of the PIIGS default and start the whole Greece process again. The trick is to know when to jump in and take a position, thats all. Aha ding ding !!! Symphonie.!!!!

What i'm trying to say is stick to the Symphonie system, whether the market go's up or down, just follow it and trust the system. Even if you think i'm talking crap about the euro. I'm starting to show a profit by switching off the news, tv , throwing away the newspapers or using them to start a fire for my BBQ's. I'm just following the symphonie system and it really works.

one of the biggest points is to run 30' monitors side-by-side. I think i saw them for $200 odd in the states and they are truly a blessing to this system. I run 3 EUR/USD charts side by side with 3 different time frames and auto-refresh on all charts, with the symphonie system slightly overdone on my part with indicators ,with 4 different versions of the cycle indicator and two of the matrix. but with 30' monitors you can do this. i like version 1.4 from HUMMM LhDT, but hey , 1.4 still works great for me.

also 3 charts of the dollar index, cos we all know EVERYTHING is effected by the dollar and i also love Gold, Silver and Platinum. The last three are the reason for all my blown accounts, but i have since found that playing around with the symphonie settings that are available, (different to currency settings) i seem to be getting in to the trades far more accurately than the way i was trading with naked charts. i would pass my settings on but i have not been able to find the right settings yet and not comfortable to share them as i have not been very successfull yet. Better , but not there yet.

i trade out of South Africa, so time frames allow me to get all the markets, again, i'm breaking the rules.

also, taking far too large positions for my account value is to blame for my margin calls. i also don't like to close losing trades so i just leave them to grow larger and larger until margin call, even though the exit signs came up from the matrix and cycle indicators. Again i'm breaking the rules. TAP TAP TAP, they just don't turn, TAP TAP TAP. Close losing positions and follow the system, buy them down or wait until they turn if you see the larger time frames finally turning, if you prefer taking long positions.

so back to strategy, i wish there was an EA to follow the sytem correctly. ASASA has written a great EA with superb code, but he has not passed the beta stage. i hope he gets it right with the input from others that is always valuable in forums like this. i'm hoping for a successfull EA as i just can't sit there, watching the screens and breaking all the rules. that's why i cant seem to be as successfull as others have posted , showing off their winning trades. Discipline is vital, and with large ego-heads like me, i got no chance without following the strict rules of symphonie. Thanks again Eval.

i took the time to write this post, F..k You if you don't like it, and thanks for reading if you learn't something from my shit experiences.

Here's to hoping Asasa gets his EA right and until then, Symphonie is the only way to trade, i tried the lot, they just not as good as this.

i've now written/posted this down in stone. if i'm wrong, i'll be paying the price on monday morning (very early) when i go massively long at the first sign of an uptrend on the euro. i break rules, GOT-IT! tap ### tap, ASASA! I NEED THAT EA PLEASE!
  • #8,395
  • Mar 11, 2012 7:00am Mar 11, 2012 7:00am
Quoting cuzgeorge
Hi all, Evaluator,
i've been doing some research as to what we might expect as far as the euro and greece is concerned. i read you articles posted, and have to add two cents of my own here.
Quoting cuzgeorge
Hi all, Evaluator,
i've been doing some research as to what we might expect as far as the euro and greece is concerned. i read you articles posted, and have to add two cents of my own here.
Quoting cuzgeorge
Hi all, Evaluator,
i've been doing some research as to what we might expect as far as the euro and greece is concerned. i read you articles posted, and have to add two cents of my own here.
I enjoyed your post the first time I read it, but it got quite boring by the time I read it 3 times
  • #8,396
  • Mar 11, 2012 7:16am Mar 11, 2012 7:16am
Quoting ohammond
I enjoyed your post the first time I read it, but it got quite boring by the time I read it 3 times
LOL I half read the second one too and thought "I think I read this?"...

What he is saying carries a lot of merit, sometimes I think "I'll just follow daily, then I can't be wrong" but truth is, it can move either way at any time. Fundamentals do play a large role in the movement of the foreign exchange but who know which way, if it was as easy as picking the strongest or weakest we would all be billionaires.

Just simply follow the system, win some and lose some. If you stick to this and don't over complicate it you should be in front. Aim for 10% per month, something realistic. Risk 1% per trade, win 5 for the MONTH with a R:R of 1:2 and your done(Assuming 5/5). After this cut your risk right down or demo trade for practice for the next month.
  • #8,397
  • Mar 11, 2012 7:19am Mar 11, 2012 7:19am
Quoting ohammond
I enjoyed your post the first time I read it, but it got quite boring by the time I read it 3 times
Thanks for one-up, i think i managed to delete the 2, break-my-balls, i a newb, i had some spelling errors i tried to edit, must have #@#'ed somethign up trying to edit.
smart-ass, haha,

i have learn't a lot from your posts, thank you also, but you know i'm going to break the rules, right? cos i'm cool
  • #8,398
  • Edited 8:24am Mar 11, 2012 7:47am | Edited 8:24am
Quoting cuzgeorge
Hi all, Evaluator,
i've been doing some research as to what we might expect as far as the euro and greece is concerned. i read you articles posted, and have to add two cents of my own here.

i am very fond of the symphonie system and greatly enjoy reading everyone's posts, from the scarcasm, and dim-witt replies some of the stiff-lipped ding bat schmucks, have to offer to newbs like me, and the insight all of you provide.- take it easy on us, we just trying to learn what you already know, DONT RUB IT IN.!!! 7, 8, 9000 pages/posts to go through,...

cuzgeorge,

I must apoligize first because while I found your post very amusing I also found it confusing and I do not fully understand all your points.

Some points of discussion

1.)
Quote
and the insight all of you provide.- take it easy on us, we just trying to learn what you already know, DONT RUB IT IN.!!! 7, 8, 9000 pages/posts to go through, yeh right!!! where's it at today?
You don't really have to read 8000 post or 500 pages. For a new person all they have to do is keep to post#1 and ALL the attached links and one should have a firm understanding of Symphonie and have the latest versions of Matrix and Signaler. But remember these ''new'' indikators are all basing their signals on the original 4 indikators. Threfore, one must have those 4 orginals indikators for the Signaler and Matrix to function.

I keep post#1 updated and it has the latest information on Symphonie.

2.)
Quote
i personally have blown a few accounts, haha, and then i found Sympohony. since then i've only blown 2 accounts but this is only my greed, gambling alter-ego that kicks in. PATIENCE guys, it's in post 1. i break the rules again.
Why are you blowing accounts? That should be telling you that your trading habits are messed up and you need to change them. If you are going to praise Symphonie then in the next sentence tell us you are breaking all the rules then why use Symphonie in the first place if you are just going to not follow the system as written. There is a reason I wrote this post#1 and put these rules in place and built this strategy. IT WORKS!

If it works why are you still trading with your bad habits and blowing accounts???

Quote
taking far too large positions for my account value is to blame for my margin calls.
That tells me you are not following ARS and you need to follow ARS! Symphonie is not just the indikators!!! It is the indikators, the money management, ARS, entry strategy, and exit strategy....IT IS A TOTAL PACKAGE! Follow it with all its parts and you are using Symphonie. The minute you do not is the minute you are trading something else.

I really think you need to do some personal reassessment because this is not a man thing it is a you thing and you need to get your emotions out of tradings. Letting your emotions into trading is letting FEAR and GREED rule your trading habits. You need to be the master of these emotiong not letting them be the master of you. FEAR and GREED do need to be fed sometimes but not all the time. Follow ARS and your account balance will thank you.

3.)
Quote
there is nothing in the markets that suggest a week Euro, please don't be alarmed by this and accept that the dollar is going to weaken significantly. there is no way the Euro will go down to 1.20's.
WHAT??? There is everything to suggest a weak Euro. You have the EU's 3rd and 4 largest economies at 110% (or greater) of debt to GDP in them. They both have 20% unemployment or greater. The second largest economy (France) has sever banking issues and maybe on the verge of collapse when all the bond issues and Greece default at finally realized. (French banks have the most to loose because they are heavy in Greek bonds). The ECB is hiding its massive euro printing by calling it EFSF, or Firewall Fund, or mixing their printing with IMF and IIF funds. Or the ECB buying massive amounts of government bonds. This mixing has clouded the issue and when you look at a realized valuation of the EURUSD the numbers are coming up to a true value of 1.12. Germany is the only reason the euro is currently retaining its value. At the first sign of trouble in Germany or a sentiment of self protection of German markets you will see the Euro drop like a stone and this is starting to happen because Merkel is now going to the EU and wanting a new consititution for the EU. Also, German banks also have yet to realize the losses they will incure from PSI and Greek default. That is coming very soon and the EURO is WAY overvalued!!!

Germany wants new debate on EU constitution

http://www.reuters.com/article/2012/...82818020120309

4.)
Quote
one of the biggest points is to run 30' monitors side-by-side. I think i saw them for $200 odd in the states and they are truly a blessing to this system.
From this point to the end of your post was very confusing to me. I was lost after that point.

In Conclusion, for what it is worth; I think you really need to do some personal re-assessment because if you really think that highly of Symphonie then you need to develop the discipline and really follow the plan in its completeness or develop a solid plan of your own. The key is to stay to the plan an no break the rules. Even if you feel otherwise staying to the plan is a key to winning. OK if you feel bias to a currency pair that is fine....just take the Symphonie Signals that agree with your bias. The whole point is when you do pull the trigger on an order you do so and strickly follow the entry and exit rules. (I think you need to work of finding a exit strategy that is comfortable to you versus just leaving it open.) Also, follow the Account Balance Protrection Rule and then even if price aciton gets you it is only a +3 pip profit and not a margin call. Again....POST#1.

I hope you figure out a resolution to your issues and wish you the best.

Evaluator.:nerd:
  • #8,399
  • Mar 11, 2012 7:53am Mar 11, 2012 7:53am
Quoting akamal
I started reading all posts of this system, I see this is a very promising system. But I wanted to know, is there anyone that invested with a broker, and made a huge amount of profits, and could withdraw all this profit.

Because for every broker I can see bad reviews, and a lot of Scam reports, this happens for almost all brokers.

I'm not sure if I spent a lot of time and effort, and was lucky to have profits, will I then be able to withdraw them?

Please tell me your experience.

Thanks.
MBtrading which has both the mt4 and their own platform or Interactivebrokers which only has it's own platform but very nice spreads. In the latter you can use a mt4-demo for charting.

Both brokers I have accounts with, withdrawing is never an issue (so far). The point could be (in other traders eyes) that you pay a commision per volume traded. I have never seen that as a problem, IB has never screwed me, it's a real ecn and no interfering. Spreads to name a few: eu/eg/au 0.5-1; cj/ej/gj 1-1.5, that's not to bad I think.
I think when trading becomes serious and the account gets serious you'll probably end up with IB or something equal and not just a pure fx-broker (cyprus, cayman, malta you name it, witout real good legislation). There might be good pure fx-brokers, there are a lot more scams in that group though.
  • #8,400
  • Mar 11, 2012 8:00am Mar 11, 2012 8:00am
The fractures are becoming cracks!

German Leader and I.M.F. Chief Split Over Debt


http://www.nytimes.com/2012/03/10/wo...s.html?_r=1&hp
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