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Attachments: Symphonie Trader System
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Symphonie Trader System

  • #9,881
  • Mar 23, 2012 9:54am Mar 23, 2012 9:54am
hello Symphonie gang,
Finally had a chance to test the system for a few days, and I'm very impressed. Had 70 pips last night and this morning I'd been scalping 10 pip trades back and forth taking long and short signals as they came. Just wanna say thank all of you for this great system!!! 5 x 10 pips this am with quick 10 pip trades (zdrasvuyte - Yelena... )
Keep the pips green y'all!! I'm a follower
Pete
  • #9,882
  • Mar 23, 2012 10:03am Mar 23, 2012 10:03am
We are now at a very important Resistance Zone. if it breaks north the H&S Pattern could be made invalid.

i'm still LONG and set my SL at BE.
  • #9,883
  • Mar 23, 2012 10:28am Mar 23, 2012 10:28am
Quoting Blackeagle
Sold another one at 1.0372 based on H1 signal and exited both at 1.0382 at BE. If today wasn't Friday, I would put SL above pivot and wait.

Anyway, have a nice weekend all.

Regards,
Blackeagle
BlackEagle Please Keep posting u trades and expirence with Simphony I am shure tha we all can learn a lot from u
Regards,
ExpresID
  • #9,884
  • Mar 23, 2012 11:13am Mar 23, 2012 11:13am
Quoting bobmorloc
hello guys.

Symphonie 60-5 method.
this is my last question to this forum and especially to evaluator or all those using h1 as direction:

H1 is your guide for direction. but is it ? :
1) signal to signal
2) Only When the signal is full (when the signal is no longer full we stop searching M5 signal)

maybe these question has already been answered but there is so many posts now that it is impossible re-read all.
Here are two distinctions:

bobmorloc,

Exit Strategies are a matter of preference that is why I gave you several different options to choose from. I personally like exit strategies 1 and 2 and depending on the market price action I move between the two. Yes, I only take full signals but I ''sometimes'' add to the position if I get another 5 min that agrees with the hourly. It depend on my mood at the time.

Evaluator.:nerd:
  • #9,885
  • Mar 23, 2012 11:16am Mar 23, 2012 11:16am
Quoting azmana786
Greetings,

From your posting; .

My question is, whether we just simply follow all 4 indicators in the indicators window as I have downloaded the symphonie matrix indicator v 1.6 and only that without considering the colour of the trendline in the mainchart?. I found that the trendline in the main chart is very slow to change and little bit delay compares to the 4 indicators in the indicators window, especially in higher TF eg. 15 mins. If we include the trendline in the main chart, there are 5 indicators eventhough it is just repeating.

Hope...

azmana786,

I am confuse. What do you mean when you say all four indikators without colour of the trendline. Trendline is one of the four indikators?!?!? Without trendline you have no signal.

Evaluator.:nerd:
  • #9,886
  • Mar 23, 2012 11:58am Mar 23, 2012 11:58am
Everyone know that the DOW Industrial Average (DOW) is the guage of the US economy. This has been in a bull run since October of 2011 but now it appears that the cracks are beginning to show are the DOW chart is starting to push heavily on the upchannel peeking though it for the first time in 6 months.

This points to a possible drop on USA markets soon...(possibly) next week and that would be a Bearish sign for the EURUSD as money seeks a safe haven out of the more risky Euro back into US Treasuries....(if you call that safe..lol)

The DOW chart is something that everyone should pay attention to closely as it is a major driver of the EURUSD and the DOW changes greatly effect the EURUSD currency pair.

Could we be looking at a Bear market soon?? Does this point to a large bear run in the EURUSD??? ''Only the market knows''

Evaluator.:nerd:

P.S. Remember we have a clear forming Head and Shoulders pattern in the daily EURUSD charts. (see post #9671)
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 23Marz 2011.jpg Size: 94 KB
  • #9,887
  • Mar 23, 2012 11:59am Mar 23, 2012 11:59am
1,521,265 over 600 pages and over 9000 posts

The Growth of this thread seems unending!!!!!

Since my last post about visititation this thread continues gains of 9%!!!

A big HUG and Kiss to everyone ...

Thank you for visiting this thread. It is my sincere hope you find it instructive and helpful to your trading.
PLEASE PLEASE please....keep it up with the comments, ideas, and teamwork.

Evaluator.

(please do not forget to rate)

P.S. Have a WONDERFUL trading week.
  • #9,888
  • Mar 23, 2012 12:16pm Mar 23, 2012 12:16pm
Quoting bobmorloc
your results are brilliant, I hope you can get out of this floating trade soon
Thank you! but I don't use "HOPE" anymore in forex :-)
  • #9,889
  • Mar 23, 2012 12:17pm Mar 23, 2012 12:17pm
Quoting mukamaisaac
Just enjoyed reading the so called "God's letter to fx trader" good funny stuff and wud like that add that "He who has ears, let him hear....."

@Rj can you please tell me y u used Heiken Ashi kind of candles or whatever instead of the Candles that are ordinarily used in your template?
Is there anything special to them or are they just there?
Thanks
Isaac
Glad you enjoyed reading God's letter to the FX trader :-)
  • #9,890
  • Mar 23, 2012 12:31pm Mar 23, 2012 12:31pm
Quoting yelena
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....
Hello Ylenia.
When I have time you can explain your FE as are set.
Because as I figure if I put the TP1 and TP2 to 1,618 2,618 to find them placed in a different way from your image from post 9866.

As always thanks
Attached Image (click to enlarge)
Click to Enlarge Name: FE PIC.jpg Size: 39 KB
  • #9,891
  • Mar 23, 2012 4:29pm Mar 23, 2012 4:29pm
Quoting Evaluator
Everyone know that the DOW Industrial Average (DOW) is the guage of the US economy. This has been in a bull run since October of 2011 but now it appears that the cracks are beginning to show are the DOW chart is starting to push heavily on the upchannel peeking though it for the first time in 6 months.

This points to a possible drop on USA markets soon...(possibly) next week and that would be a Bearish sign for the EURUSD as money seeks a safe haven out of the more risky Euro back into US Treasuries....(if you call that safe..lol)

The DOW chart...
Hello Eval. Hope you're doing well. I agree with you on the assessment of market direction. Just look at all the negative fundies that came out this past week. This supports this theory. Even China is slowing. A flash crash is not out of the question. Have a great weekend.
  • #9,892
  • Mar 23, 2012 6:02pm Mar 23, 2012 6:02pm
Myfxbook account for those that want to see how I'm doing using the Symphonie system.

+17.07% for the week.

http://www.myfxbook.com/members/Ozpips/ozpips/255545
  • #9,893
  • Mar 23, 2012 6:23pm Mar 23, 2012 6:23pm
Quoting Daytrader74
Myfxbook account for those that want to see how I'm doing using the Symphonie system.

+17.07% for the week.

http://www.myfxbook.com/members/Ozpips/ozpips/255545
congrats with your pips.

Its awesome mate.
I hope I can soon do the same with this strategy.
But its hard when you also have work to take care off.

many more green pips to you.

fratelli
  • #9,894
  • Mar 23, 2012 6:46pm Mar 23, 2012 6:46pm
Quoting fratelli
congrats with your pips.

Its awesome mate.
I hope I can soon do the same with this strategy.
But its hard when you also have work to take care off.

many more green pips to you.

fratelli
Thank you Fratelli. You can trade FX in the night it doesn't have to be 24 hour trading :-)
  • #9,895
  • Mar 23, 2012 7:01pm Mar 23, 2012 7:01pm
Quoting Matrix8756
Hello Ylenia.
When I have time you can explain your FE as are set.
Because as I figure if I put the TP1 and TP2 to 1,618 2,618 to find them placed in a different way from your image from post 9866.

As always thanks
Thats because your fib goes to the actual signal (according to my chart) and yelena's is the candle before, thats the difference in the 2. Move your fib expansion up a candle and you will get to roughly the same point I think.
  • #9,896
  • Mar 23, 2012 7:18pm Mar 23, 2012 7:18pm
Quoting Daytrader74
Myfxbook account for those that want to see how I'm doing using the Symphonie system.

+17.07% for the week.

http://www.myfxbook.com/members/Ozpips/ozpips/255545
But your equity is only where it was last week? Meaning if you sold that one bad position you didnt gain anything this week? If so, how far are you going to let that long run if price turns south fast?

Impressive return, but if one position is detracting from any real growth should u just not cut ties and move on? Correct me if I'm wrong about the equity thing.
  • #9,897
  • Mar 23, 2012 7:26pm Mar 23, 2012 7:26pm
Quoting fxfury
But your equity is only where it was last week? Meaning if you sold that one bad position you didnt gain anything this week? If so, how far are you going to let that long run if price turns south fast?

Impressive return, but if one position is detracting from any real growth should u just not cut ties and move on? Correct me if I'm wrong about the equity thing.
That trade has nothing to do with the Symphonie system, and daytrader is posting to show gains by the symphonie system and not an old trade that is still in there, I don't think its any of our business to comment on it, and as its his account I'm sure he knows when he's ready to cut it, or not as the case may be.
  • #9,898
  • Mar 23, 2012 7:34pm Mar 23, 2012 7:34pm
Quoting fxfury
But your equity is only where it was last week? Meaning if you sold that one bad position you didnt gain anything this week? If so, how far are you going to let that long run if price turns south fast?

Impressive return, but if one position is detracting from any real growth should u just not cut ties and move on? Correct me if I'm wrong about the equity thing.
Thank you. I believe my floating losing trade will come better based on PA action of the past week for that particular pair. I will not cut the trade based on that this will actually turn around and be in my favor based on what I have seen in this past week.
  • #9,899
  • Mar 23, 2012 7:35pm Mar 23, 2012 7:35pm
Quoting ohammond
That trade has nothing to do with the Symphonie system, and daytrader is posting to show gains by the symphonie system and not an old trade that is still in there, I don't think its any of our business to comment on it, and as its his account I'm sure he knows when he's ready to cut it, or not as the case may be.
  • #9,900
  • Mar 23, 2012 7:40pm Mar 23, 2012 7:40pm
Quoting Daytrader74
Thank you. I believe my floating losing trade will come better based on PA action of the past week for that particular pair. I will not cut the trade based on that this will actually turn around and be in my favor based on what I have seen in this past week.
Don't worry no flaming from me, I was just curious what was going on? Not doubting the system it just sucks if one trade was getting the best of you.

I also did not realize that trade was not apart of the symphonie system.

I am chiming in because I have been spending alot of time on ff lately and you guys are doing a bang up job. And I think I will give my hand a go at this method because it really suits what I believe to be my style and the level I am currently at.

I have developed an eye for patterns and indicator divergences and higher timeframe support and resistance along with killzone/time of day, but I cant put the trigger on at the right time, and this will at least give me that 'go' signal when i can align it with what I know.

Keep up the good work.
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