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Symphonie Trader System

  • #10,381
  • Apr 2, 2012 4:35pm Apr 2, 2012 4:35pm
Quoting FXSwissTrader
I don't foresee 1.3380-1.34 being broken unless some high impact news comes out to drive it past the 200 Day EMA, which has been sloping down since Euro tried to break above it 4 times when it was up at 1.35. Should be ranging in eur/usd until we get some high impact news. IMO, eur is overvalued! Guess we'll have to wait and see as you have indicated. Personally, I would not be long the EUR unless we break above the 200 day EMA or above 1.35. Talk of lots of sellers sitting at 1.3480-1.35.
It does seem that 3380 is too strong at this stage. Many attempts have been made, but all have failed. Sooner or later that rejection is going to send this thing down for the foreseeable future!

Eur is certainly overvalued, but that has little to do with direction!! As we know, when Bernanke 'speaks' the market moves (for example), and it has little to do with reality!

We just trade things as we see them on the charts, and whatever happens....happens!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,382
  • Apr 2, 2012 4:37pm Apr 2, 2012 4:37pm
Quoting chewz
Heres a screenshot of my trades, first trade taken at 15:55 candle, just like yelena, which ended up in good profit (i have a 20 pip tp). And second trade at 17:40...was originally all red, now repainted lost me money. If I had exited the trade when I first saw a blue light appear on the 5 min charts I would of saved myself alot of pips, but I have been only exiting when blue appears on the H1 signals as my post states above. Have a look at the trades (yelena) whats up with the second one I took?. Just incase theres any confusion the first red line...
A little bit of advice.....and it has been mentioned on this forum countless times: Put the Stochastic oscillator on your charts (setting 11,3,3) as this will keep you from making trades when the price is oversold/overbought.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,383
  • Apr 2, 2012 5:00pm Apr 2, 2012 5:00pm
so now TVI is being used instead of the extreme correct?

brother got married over the weekend so I've missed a bit.. looks like this system keeps progressing which is a good thing
  • #10,384
  • Apr 2, 2012 5:11pm Apr 2, 2012 5:11pm
Quoting Dyekid217
so now TVI is being used instead of the extreme correct?

brother got married over the weekend so I've missed a bit.. looks like this system keeps progressing which is a good thing
Correct.

Eval still refers to it as 'Extreme', but it is the TVi that is producing the effect 'behind the scenes'.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,385
  • Apr 2, 2012 6:00pm Apr 2, 2012 6:00pm
Quoting realjumper
Correct.

Eval still refers to it as 'Extreme', but it is the TVi that is producing the effect 'behind the scenes'.
okay that's what I figured when I dropped TVI onto the charts.. do you still use the original TVI indicator and look for it to be in positive territory for buys and opposite for sells

I'm excited to see how TVI performs compared to the old extreme indi.. repainting was an issue that I guess some can't wrap their mind around
  • #10,386
  • Apr 2, 2012 6:21pm Apr 2, 2012 6:21pm
Quoting Dyekid217
okay that's what I figured when I dropped TVI onto the charts.. do you still use the original TVI indicator and look for it to be in positive territory for buys and opposite for sells

I'm excited to see how TVI performs compared to the old extreme indi.. repainting was an issue that I guess some can't wrap their mind around
I do use the original TVi on the higher time frames so that I can get a 'heads up' for the M5 charts. I don't use it in the way of 'above the 0 line for buys and below the zero line for sells'.....I look to the colour change as a heads up for (either) the strength of the move diminishing (if you are in a trade) or an early warning that the trend may change so to get ready to enter. Once I have this information I go back to the M5 and trade as i always have, but the TVi is on the top row of the Matrix now.

Of course in some markets there is no need to see the higher time frame to make a good entry, but it's handy to have it there as a 'heads up.'
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,387
  • Apr 2, 2012 8:15pm Apr 2, 2012 8:15pm
Quoting realjumper
I can't remember whether I said it here or in another place, but I was saying that if the H4 trendline holds the drop (which it did), then 3400 was possible. That still looks to be the case. If 3400 folds, then I imagine that the high of the year at 3482 (ish) will be the next stop....we shall see, but the bulls show no signs of relenting at the moment.
The H4 trend line survives....now...are we going to see another assault on 3400?
Attached Image (click to enlarge)
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,388
  • Apr 2, 2012 8:28pm Apr 2, 2012 8:28pm
I can't seem to get any version of symphonie signaler to work on my terminal. I've tried versions 1.4 to 1.9 beta with no luck...
The indicator just does not appear in my list, no matter what I do.
Any ideas....?
  • #10,389
  • Edited 9:14pm Apr 2, 2012 8:33pm | Edited 9:14pm
Quoting chewz
yelena, I took that trade. There was one after that on the 17:40 candle, a sell, which went completely the opposite way. Looking at my screen now it seems to of repainted, event tho this new version isnt meant to (sentiment and emotion repainted) showing no trade, even though there was. Did you not take this trade? and if not, why not?.

Also, people using to 60 - 5 method...are you exiting the trade as soon as you see the 4 light signal dissapear on the 5 minute chart, or on the 1 hour?. Ive been getting out only with either a stoploss set (which...

hello chewz.

i still have not fully understood pivots and S&R's. but i know that they are non-moving targets . logic dictates that when there's nothing to support the upward/downward movement, price will go back to the daily pivot.

if you will apply pure price action. the long wick supporting a bearish movement at 11:00 (orange line) is enough signal to open a sell as a counter trend trade. but counter trading last only on an average of 2 H1 bars. so you can position at the close of that long wick, exit at 10 pips or exit at whatever price the 2nd H1 bar gives you (win or lose).

however, symphonie gave an H1 sell signal at the close of that 2nd H1 bar so it's a solid indication of a reversal. i closed my counter trade to lock in profits and waited for M5 sell signal at 14:25. i originally aimed for 10 pips only. but when a re-entry spawned at the close of 14:45 before and the price crossed the pivot, S1 seemed to be a likely target since it was near enough.

of course i had a deep sigh when the price left me after crossing S1....

why would i not re-enter that 17:45?
1. there aren't any market shakers that would allow EU to move any further
2. besides, none of the correlated currencies has hit their S1 back then, so it's unlikely that EU would reach its S2.

at the moment, unless we have become a pro, aiming for 50 pips per trade is a loooooooooooooong shot. i aim 10 pips at a time. maybe you can start there too. remember, take care of the cents, and the dollars will follow.
Attached Image
  • #10,390
  • Apr 2, 2012 8:53pm Apr 2, 2012 8:53pm
Quoting ikeo
Muka... I appreciate your reply but my symphonie3.0.1 does not give the red and blue line signal at all. My ESV3.0 doesn't work properly as well(the sentiment bars are permanently blue. Actually I've been having only problems since this upgrade. Everything was stable for me with the old version until this upgrade. I've been working fervently on it since friday, but to no avail. I may have to go back to the old version.

ikeo
ikeo,

Yo need the indicators v3.0 from post #1.
Enter Signature
  • #10,391
  • Apr 2, 2012 9:10pm Apr 2, 2012 9:10pm
Quoting ikeo
Hi Yelena, I have seen ur screen shot of your trade in EURUSD today. Beautiful trade.
Please could u demonstrate with a screen shot how you would have handled a trade on cable today with the updated symphonie system. Your response would be appreciated.

Thanks.

Ikeo.

i couldn't understand it so i left it and just carried on with my AJ and EU.

if you look at the attachment, both EU and GU had reached their high for the day at the close of the 11:00 bar. from a price action perspective only EU made a signal to reverse (long wick), hence i only positioned in EU.

i do not fully understand price action. but i keep sharp eyes on reversal signals. if none exists - i leave it alone and look for other currency pairs that have clear signals or are trending.

note that i only used "clear" and not "clearer". coz in this business there are only 2 types of price action signals: clear and not clear . pls understand im still a novice. taking high risks is not yet in my blood.
Attached Image (click to enlarge)
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  • #10,392
  • Apr 2, 2012 10:18pm Apr 2, 2012 10:18pm
So far 3/3 with the new v3 matrix. Tvi seems to be a wonderful replacement for the supercycle being that it's still quite similar but doesn't repaint

Au long +20 pips
Nzd usd long +15 pips
Gu long +8 pips

Didn't hold til r1 because I went out.

So far so good considering London isnt even open yet
  • #10,393
  • Apr 2, 2012 11:00pm Apr 2, 2012 11:00pm
Originally posted by maudur[ikeo,

Yo need the indicators v3.0 from post #1.]

Thank you maudur, but I downloaded the indicators of the new version(v3.0) as early as friday when RJ and Eval were furriously arguing about the appropriate use of TVI. I later replaced the symphonie matrix 3.0 indicator with 3.0.1 matrix indicator as suggested by a coder on this thread but still no signalling. That was why I started using signal1.7 indicator. Can anyone explain how to make the new version to start signalling. I understand that a lot of people are suffering from this same problem with this same new symphony but not willing to ask questions because they complain that lately this thread is aggressively antagonistic towards asking questions; which kept being reffered to page 1, hence, their massive migration to Extreme TMA thread which actually evolved from this same thread where they feel their questions are answered. This is not my opinion, though.
  • #10,394
  • Apr 2, 2012 11:22pm Apr 2, 2012 11:22pm
Quoting ikeo
I understand that a lot of people are suffering from this same problem with this same new symphony but not willing to ask questions because they complain that lately this thread is aggressively antagonistic towards asking questions; which kept being reffered to page 1, hence, their massive migration to Extreme TMA thread which actually evolved from this same thread where they feel their questions are answered. This is not my opinion, though.
And you can back this up how exactly?

People who are going to evolve into good and competent traders are clear thinking, inquisitive, investigative go getters. People who wish to be spoon fed everything, instead of sitting back with a coffee for a week reading the thread, deserve all they get in my opinion. ALL THE INFORMATION that is required is in these pages. Why, do some people want to be spoon fed and ask the same question that has been asked and answered many, many times, instead of spending just one single week out of their lives to read, research, learn and gain experience that will last them for a lifetme?

Why is that?

Let me tell you, those people will not become traders.

If they wish to go to Alorente's thread because they have discovered that we won't suffer fools here, and throw away the opportunity to LEARN the most successful system I have ever seen, then they too are destined to fail. If their emotions are soooo fragile, then they are lost.

Those who are determined to learn this system no matter what, will succeed.

If the people make some effort here before they ask questions, then they will be helped as much as possible. Those who want to be spoon fed by me, Eval and everyone else are in for a shock. Do they think we have nothing better to do??? We are traders too, with REAL money on the line. Why would I bother missing trading opportunities to help those who refuse to help themselves?????
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,395
  • Apr 2, 2012 11:28pm Apr 2, 2012 11:28pm
Quoting ikeo
Originally posted by maudur[ikeo,

Yo need the indicators v3.0 from post #1.]

Thank you maudur, but I downloaded the indicators of the new version(v3.0) as early as friday when RJ and Eval were furriously arguing about the appropriate use of TVI. I later replaced the symphonie matrix 3.0 indicator with 3.0.1 matrix indicator as suggested by a coder on this thread but still no signalling. That was why I started using signal1.7 indicator. Can anyone explain how to make the new version to start signalling. I understand that a lot of people are...
The only time people are told to go to page 1 is when their question has been answered on post #1, there is no point going over the same things when its already been answered there. When someone new then tries to read the thread, it becomes 10,000 posts long with the same questions and answers Also, the extreme TMA thread may have been spawned from this thread but bears no resemblance to the symphonie system so they wouldn't be the same questions.

As far as I know, there has not been a signaller made for the new symphonie. The matrix indicators do not signal on their own, it is the signaller indicators that do that.
  • #10,396
  • Apr 2, 2012 11:50pm Apr 2, 2012 11:50pm
Originally posted by RJ
[And you can back this up how exactly?]

When I asked a question yesterday which Yelena and maudur, as usual, did a good job and answered, I received not less than seven PMs from guys reading this thread that attested to that. I only think its fair to give a little ear to their concern as well as making it clear that I don't share their opinion of this thread being antagonistic to questions because I have not suffered such fate personally. I made it clear I don't share their opinion and I don't reggret mentioning what they alleged. I would do it again.
  • #10,397
  • Apr 2, 2012 11:56pm Apr 2, 2012 11:56pm
Thats what I thought until someone suggested that. That was why I was looking for something that looks like signaller1.7 to use on the symphonie3.0.1

Thanks again.
  • #10,398
  • Apr 2, 2012 11:57pm Apr 2, 2012 11:57pm
Quoting ikeo
Originally posted by RJ
[And you can back this up how exactly?]

When I asked a question yesterday which Yelena and maudur, as usual, did a good job and answered, I received not less than seven PMs from guys reading this thread that attested to that. I only think its fair to give a little ear to their concern as well as making it clear that I don't share their opinion of this thread being antagonistic to questions because I have not suffered such fate personally. I made it clear I don't share their opinion and I don't reggret mentioning...
LOL...... If you say so......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #10,399
  • Apr 3, 2012 12:45am Apr 3, 2012 12:45am
Just for the record I agree with you RJ.

I consider myself a fairly good trader, going on
5 years now trading the markets, bar by bar.
Symphonie imho is the best system that I
have traded.

You have to devote the time and energy to
learn it, no one can do it for you. It's like learning
to read, you have to devote the time and energy
to learn a new skill.

We are lucky to have the mentors that we
have and I appreciate their willingness to teach
cause they don't have to.

Eval, RJ, Yelena and Ohammond and others are
doing a great job!

Thanks for all your help...

snarlyjack
  • #10,400
  • Apr 3, 2012 12:47am Apr 3, 2012 12:47am
Quoting ikeo
Originally posted by maudur[ikeo,


I later replaced the symphonie matrix 3.0 indicator with 3.0.1 matrix indicator as suggested by a coder on this thread but still no signalling. That was why I started using signal1.7 indicator. Can anyone explain how to make the new version to start signalling. .
Change "AlarmOn" to true.....? mine signals after doing that. I don't get the arrow or verticle line, but I get the alert.
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