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Symphonie Trader System

  • #9,901
  • Mar 23, 2012 8:03pm Mar 23, 2012 8:03pm
Quoting fxfury
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...
Thanks mate, the best advice I can give you is "Trust in yourself and trust in the Symphonie system" follow the rules and use common sense and you will see a big + in your trading account balance!

Good luck.
  • #9,902
  • Edited 1:36am Mar 24, 2012 12:50am | Edited 1:36am
it is encouraging to know that others like daytrader, pipete, etc are now gathering positive results. congrats! "make. keep. repeat."-babypips.com

on full/valid signal: i thought that the dissimilarities were just in the thread. apparently, when we were trading live and commenting in real time, i do have slight variances on full/valid signals that gives a slight edge
(1. friday better price on EU buy at 14:25 instead of 12:50(?) and
2. friday no sell signal on EJ at 16:10)

i realized that in all my matrices and signalers, they are set to allow the current M5 bar to close, and ensure that there's no repaint, as stated in post#1. i did see pop up boxes appear and quickly withdrawn by the system. too fast that i cannot even read whether they were buy/sell signals. and therefore, i couldnt take the trades.

on posting my symphonie strat: pls give me 4 months and 1 week more (6th month) as im still polishing my exits - SL's and TP's. a lot of times my jaw just drops whenever the price flies or drops and i have already liquidated my positions. that's why i had to position in a number of currencies to compensate. technically, spreading to currencies is a risk reduction strategy on my end, since i only like high probabilities. its keeping losses at bay. but at the same time, impairing the ability to harvest better.

but the core strat is already established as:
1. H1 + M5 2 (like 60-5 but 2 orders, bad idea! just me)
2. M5 to the direction of H1
  • #9,903
  • Edited 1:56am Mar 24, 2012 1:25am | Edited 1:56am
Quoting J316
Hi Yelena,

Well done with the excellent results from trading Symphonie. If you have time can you please have a look at my 5min E/U chart below and walk me through how you have done your trades? See that you manage your take profit levels quite good on this system.

Here is the process that I went through trading the M5. Please advise
Signals:
3 - I did take some pips but nowhere near the bottom.
4 - was against the H1 trend.
5 - was all red at the time of trade, so I went short but there was no follow through.
6 - the daily S1 held it back...
hi chris, sorry for late response but its very difficult to answer detailed questions in the middle of trading

to answer your concerns: that is the reason why H1 is my weapon of choice. pls look at my charts. its a zoom in of your chart. see the check mark in M5 and H1? long tail. nope, its a reversal long tail. and relative to current H1 bar candle sizes at that time, that's not a tiny reversal bar. even if this was trending down, presence of such stops me from taking trades.

i may not know a lot. but im mastering when PA becomes high risk. only take high probability opportunities, not high risk. hope this helps
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2.png Size: 46 KB
  • #9,904
  • Edited 7:06am Mar 24, 2012 6:47am | Edited 7:06am
Quoting Daytrader74
Thanks mate, the best advice I can give you is "Trust in yourself and trust in the Symphonie system" follow the rules and use common sense and you will see a big + in your trading account balance!

Good luck.
Well done ! may I ask what timeframe you trade Daytrader? Is this with the set-up as per post #1.

Many thanks
  • #9,905
  • Edited 7:39am Mar 24, 2012 7:19am | Edited 7:39am
Quoting Rokz
Ok guys,

Jurn_E was having a lot of trouble getting the signaller to display properly. I am 99% sure this is due to incompatible fonts on her system. This version has simply made the Fonts and Size of the fonts customizable which will enable Jurn_E, and anyone else with this issue, to make the signaller correctly visible.

font - needs to be something on your system
size - changes the writing size
barsize - changes the size of the bars

Or you can just make it something you enjoy looking at.

http://i39.tinypic.com/x5uweo.png
[size="1"][i]*This...
That's very interesting Rokz. Could you make it display arrows on chart too (far enough from candles) ?
  • #9,906
  • Mar 24, 2012 9:00am Mar 24, 2012 9:00am
Quoting yelena
hi chris, sorry for late response but its very difficult to answer detailed questions in the middle of trading

to answer your concerns: that is the reason why H1 is my weapon of choice. pls look at my charts. its a zoom in of your chart. see the check mark in M5 and H1? long tail. nope, its a reversal long tail. and relative to current H1 bar candle sizes at that time, that's not a tiny reversal bar. even if this was trending down, presence of such stops me from taking trades.

i may not know a lot. but im mastering [b]when PA becomes...

Yelena, how you drew those H1 candles in M5 chart? it´s a kind of indi or tool? TKS
Humble & Kalcker CLO2 = Covid killer
  • #9,907
  • Mar 24, 2012 10:44am Mar 24, 2012 10:44am
Quoting yelena
hi chris, sorry for late response but its very difficult to answer detailed questions in the middle of trading

to answer your concerns: that is the reason why H1 is my weapon of choice. pls look at my charts. its a zoom in of your chart. see the check mark in M5 and H1? long tail. nope, its a reversal long tail. and relative to current H1 bar candle sizes at that time, that's not a tiny reversal bar. even if this was trending down, presence of such stops me from taking trades.

i may not know a lot. but im mastering [b]when PA becomes...
++++++++++++++++++++++++++++++++

Thank You immensely for remaining on track and continuing to focus on trading, posting those trades and sharing your insight with us.

It would seem like many others here prefer drama and pissing contests as opposed to the whole trading thing.

Thank You Again Yelena. You are Awesome.
Darryl
  • #9,908
  • Mar 24, 2012 2:13pm Mar 24, 2012 2:13pm
you look here ...


Quoting jusiur
Yelena, how you drew those H1 candles in M5 chart? it´s a kind of indi or tool? TKS
Attached File(s)
File Type: mq4 CustomCandle.mq4   8 KB | 457 downloads
  • #9,909
  • Mar 24, 2012 5:45pm Mar 24, 2012 5:45pm
Someone asked a few pages back why do I use Heiken Ashi candles over traditional Japanese candles. I can't find the post to quote from (I have a hard night at a party!), but here is my reasoning.

For many years I used traditional Japanese candles, and I still use them for the purpose of looking for some candle formations etc etc. But I use the HA candles because they tend to smooth out the PA.....in fact I think the translation of Heiken Ashi speaks about 'smoothed'. So they tend to show the trend with more clarity in some situations because the choppiness is smoothed out, and it's easy to see at a quick glance what is happening, rather than studying the chart to achieve the same.

The HA candles do take some getting used to but it's similar (imo) to getting used to a MAC computer if you have been used to working on a PC. They both achieve the same result, but they get there via a different path.

It's a matter of choice, at the end of the day. I have used Japanese candles for a long time and, as I said, I still use them for certain things. However, I prefer HA candles for this system.

Hope this helps
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,910
  • Mar 24, 2012 8:49pm Mar 24, 2012 8:49pm
Bearish divergence on the EU H1....plus an important level. It looks as if a bearish reversal might be on the cards, but don't get married to the idea because under the current EZ climate, anything is possible. Symphonie will show the way, but just keep these charts in the back of your mind in the coming week.
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,911
  • Mar 24, 2012 9:05pm Mar 24, 2012 9:05pm
Quoting realjumper
Bearish divergence on the EU H1....plus an important level. It looks as if a bearish reversal might be on the cards, but don't get married to the idea because under the current EZ climate, anything is possible. Symphonie will show the way, but just keep these charts in the back of your mind in the coming week.
Just to clarify a point here, the divergence isn't a 'textbook' divergence in as much as it doesn't run from high to high, or low to low....however the PA is diverging from the stochastic, so it's worth noting.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,912
  • Mar 24, 2012 10:00pm Mar 24, 2012 10:00pm
These are my results for this week,

March 19th-23rd :

Account Gain - 7%
Total Trades - 25

Positive Trades - 19
Negative Trades - 5
Breakeven Trades - 1

Highest pip trade was 33.1
Highest pip loss was -29.7 (This was a 15pip SL that was slipped by 14.7 due to news, I was just glad I had a SL otherwise it would be in the 80s STOPLOSSES ARE VITAL!!!, I didn't panic had a break then came back to recover my loss and gain my 1% for the day.)

I used 60-5 for most of the trades, although if 5min gave a signal but 1h didn't and PA was trending I would shoot for a quick 10pipper these are close to 90% accurate if taken correctly imo. Targets were almost always a pivot point. Trade times were mainly NY Open to London Close. For me this is 11pm - 3am. Also, figure out at least what gain you are happy with in a session, for me it was 1%. If I hit this I would walk away or do some more programming.

If price went in profit by 15pips and started coming back to my open price and I wasn't confident in the trade I would pull the plug with at least some profit even if it's 1pip. GTFO bank it and move on. Also only TWO of my trades hit my actual stoploss, if the trade isn't going your way 9 times out a 10 you can read this, so get the hell out, why let it loose you more!
  • #9,913
  • Mar 25, 2012 12:11am Mar 25, 2012 12:11am
Quoting Rokz
These are my results for this week,

March 19th-23rd :

Account Gain - 7%
Total Trades - 25

Positive Trades - 19
Negative Trades - 5
Breakeven Trades - 1

Highest pip trade was 33.1
Highest pip loss was -29.7 (This was a 15pip SL that was slipped by 14.7 due to news, I was just glad I had a SL otherwise it would be in the 80s STOPLOSSES ARE VITAL!!!, I didn't panic had a break then came back to recover my loss and gain my 1% for the day.)

I used 60-5 for most of the trades, although if 5min gave a signal but 1h didn't and...
Excellent results and a great post Rokz.....well done. You're on your way now
Doing what you like is Freedom. Liking what you do is Happiness.
  • #9,914
  • Mar 25, 2012 1:10am Mar 25, 2012 1:10am
Quoting realjumper
Excellent results and a great post Rokz.....well done. You're on your way now
Thanks RJ! I'm extremely impressed with the Symphonie System.

At the moment I am working on an alternative indicator that has your Arrow and MA incorporated into it, along with correct alerts for the normal system and the 60-5 system with email notification, and hopefully a better refresh system. I'm also implementing a second indicator that will 'snap' to the first and give extra information that is very useful to know on the fly. Both will be movable and able to be placed in any corner of your chart without display issues.

The indicator is super basic and noob friendly and doesn't contain anything that is not useful. The settings from the first post are hard coded and not changeable, apart from the Extreme and Super Trend. This indicator actually has the Super Trend incorporated, not just basic CCI. Pivots for Daily, Weekly and Monthly are also options.

Below is a sneak peak at the display. There have been minor cosmetic changes since this screenshot.

http://i43.tinypic.com/15dvq88.png
  • #9,915
  • Mar 25, 2012 2:04am Mar 25, 2012 2:04am
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
Well done DT, it's very encouraging when one can see others succeed in this strange world of forex, it gives hope to ppl like me who are struggling to get consistantly profitable.

Thanks for posting your results, hope you double your acc this week.
Vandag is die dag.....
  • #9,916
  • Mar 25, 2012 3:31am Mar 25, 2012 3:31am
Quoting Daytrader74
Title: A Letter from God to Forex Traders
Date: Today

Hello,

I am very delighted and pleased to write to you because you forex traders are among those of my people who call me and pray a lot specially when the market goes against your positions. Please keep in your mind that at the same time that the market goes against your positions and you start praying and asking me to turn around the price to your favorite direction, there are a lot of other people who have taken the right position and are happy with the money the market is making for...




LOL!
I'm going to have a few words with God about signing a confidentiality agreement next time.
He's just told the whole world every conversation I've had with him. Grrr.....

Thanx for the laugh Daytrader
.... laughing all the way to the bank
  • #9,917
  • Mar 25, 2012 5:47am Mar 25, 2012 5:47am
Quoting X-Man
I live in south africa. GMT +2
Its perfect timezone for a trader.
My tading day starts at 9am.
Im sure trading your time must be really difficult.
If you deciding to trade full time then why dont you move to a nice time zone.
Its not only the system that has to be good to make money. your mind and body has to be fresh so you can think clearly and make good decisions.

x
Xman please what timeframe do you use while trading the symphonie system. Can this system be traded in the hourly and four hour timeframe with success. 5mins and 15mins is too fast for me.
  • #9,918
  • Mar 25, 2012 6:22am Mar 25, 2012 6:22am
i want to know that ,is symphonie matrix and arrows reprinted or not ???
  • #9,919
  • Mar 25, 2012 6:26am Mar 25, 2012 6:26am
Quoting stricky1967
Well done ! may I ask what timeframe you trade Daytrader? Is this with the set-up as per post #1.

Many thanks
Thank you. I enter the trade based on the Symphonie system , I exit using different types of exit strategies depending on PA, support, resistance and also on pivot. Most of my trades are entered and closed within a 24 hour period.
  • #9,920
  • Mar 25, 2012 6:34am Mar 25, 2012 6:34am
Quoting Leokira
Well done DT, it's very encouraging when one can see others succeed in this strange world of forex, it gives hope to ppl like me who are struggling to get consistantly profitable.

Thanks for posting your results, hope you double your acc this week.
Thank you. Glad to be of some encouragement to you and to others, it can be done you just need to follow the system and use common sense and you will succeed.
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