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Symphonie Trader System

  • #9,841
  • Mar 23, 2012 6:05am Mar 23, 2012 6:05am
Quoting yelena
nope. 1.618
If the value is added after Fibonacci, the symbols $% you will also have the value of that level.
It was already known, I apologize to everyone.
Attached Image
  • #9,842
  • Mar 23, 2012 6:08am Mar 23, 2012 6:08am
Quoting njfx
Just looked at the PDF, just to see if I am understanding you, today at 7:00 GMT there was a buy sig for the E/U. It was however right at the daily pivot and the Sto was > 80, so in this case with the 1hr &5 min Symphonie all blue you would pass due to the Sto location and perhaps due to proximity to pivot.


Is that correct?
In my pic attached, you can see the horizontal line is where he would have gone in, the stoch started its move from under 20 which is what rj looks out for and it was not yet overbought, it was also just above the daily pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: stoch.gif Size: 24 KB
  • #9,843
  • Mar 23, 2012 6:13am Mar 23, 2012 6:13am
enter long EU at 1.3270 ,using Yelena method ,and after 1 min trend repainted an now is red
Yelena are u too in this trade>?
Will u exit at this moment after trend change>?
Attached Image (click to enlarge)
Click to Enlarge Name: EU.gif Size: 23 KB
  • #9,844
  • Mar 23, 2012 6:14am Mar 23, 2012 6:14am
Quoting njfx
Just looked at the PDF, just to see if I am understanding you, today at 7:00 GMT there was a buy sig for the E/U. It was however right at the daily pivot and the Sto was > 80, so in this case with the 1hr &5 min Symphonie all blue you would pass due to the Sto location and perhaps due to proximity to pivot.


Is that correct?

Sorry I didn't see your post, but Ohammond answered it for me. When you ask questions like this, please post a chart. It's much easier for me because I am on the other side of the planet, so I have to try and figure out what you're seeing. Much easier if you post a chart. Thanks
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,845
  • Mar 23, 2012 6:20am Mar 23, 2012 6:20am
Quoting expresid
enter long EU at 1.3270 ,using Yelena method ,and after 1 min trend repainted an now is red
Yelena are u too in this trade>?
Will u exit at this moment after trend change>?
I have the monthly pivot at 1.32610 so it needs to break that, its tried a few times since 19th so we will see how it does this time.
  • #9,846
  • Mar 23, 2012 6:28am Mar 23, 2012 6:28am
Quoting realjumper
Sorry I didn't see your post, but Ohammond answered it for me. When you ask questions like this, please post a chart. It's much easier for me because I am on the other side of the planet, so I have to try and figure out what you're seeing. Much easier if you post a chart. Thanks


Sorry that is why I cited GMT, in the chart t looked like the Sto was already at ~60 although it did start <20, that point confused me reading your paper, thanks to you and ohammond for the reply!
  • #9,847
  • Mar 23, 2012 6:28am Mar 23, 2012 6:28am
Quoting expresid
enter long EU at 1.3270 ,using Yelena method ,and after 1 min trend repainted an now is red
Yelena are u too in this trade>?
Will u exit at this moment after trend change>?
Long are you sure? Your indicators don't line up in the picture attached?
  • #9,848
  • Mar 23, 2012 6:30am Mar 23, 2012 6:30am
Quoting Rokz
Long are you sure? Your indicators don't line up in the picture attached?
There was a long signal only some of the indicators have repainted now, but I saw it as well, I wouldn't take it, the main reason being the monthly pivot, the second reason H1 has already hit TP1.
  • #9,849
  • Mar 23, 2012 6:33am Mar 23, 2012 6:33am
Quoting expresid
enter long EU at 1.3270 ,using Yelena method ,and after 1 min trend repainted an now is red
Yelena are u too in this trade>?
Will u exit at this moment after trend change>?
I really wonder what you expected when you opened a long position after the currency already moved 100 pips up on a Friday trading. If you don't use some common sense and take every signal blindly, whatever method you use, you won't be successful. That is the reason, everyone trading Symphonie is using some kind of discretion. Yes, you can trade it mechanically, but your success rate will be different than others using some discretion and common sense.

Re. your long, I believe you should have exited that one at 1.3260 when M5 gave a sell signal. If you are still holding it, you have two options:

1- Wait for your emergency stop which should be 50 pips
2- There is R1 at 1.3241, exit your position when M5 bar closes below it.

Or third option, wait for Yelena's response. Although she insists that she is a noob, she is the pip master of this strategy.

Just my two cents.
Hope this helps.

Regards,
Blackeagle
  • #9,850
  • Mar 23, 2012 6:33am Mar 23, 2012 6:33am
Quoting ohammond
I have the monthly pivot at 1.32610 so it needs to break that, its tried a few times since 19th so we will see how it does this time.




3261 is also the daily resistanence also the price has been using this area as a support & resistanence area for a few months now.
Attached Image (click to enlarge)
Click to Enlarge Name: 3-23 daily chart chart.jpg Size: 144 KB
  • #9,851
  • Mar 23, 2012 6:40am Mar 23, 2012 6:40am
Quoting zu88
i download it, looks it repaint ?
  • #9,852
  • Mar 23, 2012 6:42am Mar 23, 2012 6:42am
look for D pivot for exit

Lets see how it goes.

SL is on BE+3 so a free stressfree trade now.

fratelli
Attached Image (click to enlarge)
Click to Enlarge Name: cable text book.gif Size: 23 KB
  • #9,853
  • Mar 23, 2012 6:44am Mar 23, 2012 6:44am
Quoting expresid
enter long EU at 1.3270 ,using Yelena method ,and after 1 min trend repainted an now is red
Yelena are u too in this trade>?
Will u exit at this moment after trend change>?




This pivot point indicator will tell youthe range for the current day (based on the 'start' of the day for your broker (IIRC it can be adjusted, I my borker 'starts' @ 0GMT) as well as the previous day range and 30 day avg range.

I usually don't enter a trade in the days direction when near or over the daily average.
Attached File(s)
File Type: ex4 PivotsD_v5.ex4   26 KB | 384 downloads
File Type: mq4 PivotsD_v5.mq4   32 KB | 395 downloads
  • #9,854
  • Mar 23, 2012 6:48am Mar 23, 2012 6:48am
I use the same analisys to take my trades, plus ive been watching for quite some time that once the daily range have been it the move (long or short) retraces around
50% of the range then resumes to the original trend... usually somewhere in the next day... as you can see in the picture we are already there....

Quoting njfx
This pivot point indicator will tell youthe range for the current day (based on the 'start' of the day for your broker (IIRC it can be adjusted, I my borker 'starts' @ 0GMT) as well as the previous day range and 30 day avg range.

I usually don't enter a trade in the days direction when near or over the daily average.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5min.gif Size: 35 KB
  • #9,855
  • Mar 23, 2012 6:59am Mar 23, 2012 6:59am
Quoting timf1979
I use the same analisys to take my trades, plus ive been watching for quite some time that once the daily range have been it the move (long or short) retraces around
50% of the range then resumes to the original trend... usually somewhere in the next day... as you can see in the picture we are already there....
tim

i cant find the template like your screen

could you put it please

gracias
  • #9,856
  • Mar 23, 2012 6:59am Mar 23, 2012 6:59am
I am posting this live trade for educational purpose only because there was a discussion yesterday re. posting only profitable trades.

Entered short where you see the red line on M15 based on all 4 indicators showing red. My emergency SL is at swing high but there is a daily pivot at 1.0406. Therefore, I will square the position in loss if an M15 bar closes above the daily pivot.

My TP level is at 1.0352 where there is R1 and ADR. Approx. 1:2 RR

So, let's see how this will play out.

Regards,
Blackeagle
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m15.gif Size: 26 KB
  • #9,857
  • Mar 23, 2012 7:06am Mar 23, 2012 7:06am
Quoting yelena
к какому indicator имеют отношение?
In this post http://www.forexfactory.com/showthre...75#post5505975
It seems some fibo indicator.
  • #9,858
  • Edited 8:12am Mar 23, 2012 7:07am | Edited 8:12am
Quoting expresid
enter long EU at 1.3270 ,using Yelena method ,and after 1 min trend repainted an now is red
Yelena are u too in this trade>?
Will u exit at this moment after trend change>?
nope. please see blue arrows. the candle after the blue arrows are the prices of which the M5 signals were taken. buy signal liquidated at after 4th bar color change and sell liquidated at TP1 (counter trade) . no buy signal confirmed. even with signaler 1.7 or matrix1.6.

post#1 requires that that the candle bar must close to confirm no repaint and that the signal is valid.

i am highly reliant on symphonie signals because i dont think. if i take counter trend trades, they are liquidated at TP1. but they are still born from M5 full signals.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 22 KB
  • #9,859
  • Mar 23, 2012 7:13am Mar 23, 2012 7:13am
H1 closed 7 minutes ago and I got another sell signal on this tf. So my plan is to sell another one if the low of H1 penetrated (because there was a reaction from 1.0373 earlier today and there is still some buying taking place at that level as I am writing). As you can see I am not selling blindly because there was a signal. I am using common sense.

So I will sell another one @ 1.0372 and will move the stop of all positions to 1.0382 (BE for two positions) with same TP for a free ride.

Regards,
Blackeagle
  • #9,860
  • Mar 23, 2012 7:16am Mar 23, 2012 7:16am
Ah, it's standard tool of MT4. I didn't know that
Thank you very much
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