I would like to wish everyone in this thread
a safe & happy Easter
a safe & happy Easter
- #10,784
- Apr 6, 2012 4:25am Apr 6, 2012 4:25am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #10,787
- Apr 6, 2012 7:43am Apr 6, 2012 7:43am
- Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts
- #10,788
- Apr 6, 2012 7:54am Apr 6, 2012 7:54am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #10,790
- Apr 6, 2012 8:00am Apr 6, 2012 8:00am
- Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts
How do you add ONLY 120k to workforce and at the same time unemployment rate goes DOWN? To break even the U.S has to add 350k jobs a month. All these numbers are SO manipulated, not even funny. Guess we're going back up(EUR)! Paging helicopter Ben Bernanke! Paging helicopter Ben Bernanke! We might need QE3 after all. Wouldn't surprise me if we gap up next week when all the markets re-open.
Oh well bears make money bulls make money.. Pigs get slaughtered.
I'd like to see gold hit 2000 an oz
- #10,791
- Apr 6, 2012 8:10am Apr 6, 2012 8:10am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
Wouldn't suprise me either it's such a poor number.. especially in the past 5 months?? I think US's entire recovery was manipulated. Everything seemed too good to be true.
Oh well bears make money bulls make money.. Pigs get slaughtered.
I'd like to see gold hit 2000 an oz
Although I also see risk aversion as slowing the EUR advance and possibly helping the $ since it is considered a safe haven currency. Can be alot of whipsaw action in the coming days. Stock market down helps $. Might be a meltdown in equities globally next week.
- #10,792
- Apr 6, 2012 8:14am Apr 6, 2012 8:14am
- Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts
- #10,793
- Apr 6, 2012 1:57pm Apr 6, 2012 1:57pm
realjumper and all,
Here is an excellent example of why I am hesitant to use Triggerline and prefer to stay with the original Trendline. As you will see by the conditions you stated for Triggerline to replace Trendline it gave a false SELL signal when Trendline remained BLUE the entire movement. Also, I watched in amazement as 4 complete candlesticks of Triggerline REPAINT!.I have not seen Trendline repaint.
In this instant you would have hit your 50pip stoploss because it never dropped the 30pip change point. I think we need to...
could you please explain or point me to some reference about the indicator you are using with the flowers?
Sorry to reply on an old post, but im studying the forum from beggining to the end.
Thanks
Munir
- #10,795
- Apr 6, 2012 9:05pm Apr 6, 2012 9:05pm
As promised I started a dedicated account to trade ONLY Symphonie system on and here are the results of my first week, I will be posting my results every week at end of week for all to see that this system really works!
This week (First week) up 13.54% 10 trades in total and all are winners. Total pips gained = 225
http://www.myfxbook.com/members/Ozpips/ozpips/276991
Thanks to all the very helpful and knowledgeable people on this thread and happy...
just a caution, if you are fully testing symphonie, fine. but if you are trading live, there is no need to prove to anyone that the system works - as a group we've already evolved from that. however. if its for your own sanity that you do this exercise - just make sure that taking care of the demo account does not hamper your live account trading.
the most relevant of all practice would be to share how one exited (both SL and TP) and in what conditions makes one type of exit better than another.
indeed, closing each day in green matters a lot! repeating that success on a daily basis is what we are gearing for.
this thread is filled with intelligent minds and willing participants - and its unbelievable! there is no other way to go but to evolve!
- #10,796
- Apr 6, 2012 10:38pm Apr 6, 2012 10:38pm
- Joined Mar 2011 | Status: Trader | 1,886 Posts
just a caution, if you are fully testing symphonie, fine. but if you are trading live, there is no need to prove to anyone that the system works - as a group we've already evolved from that. however. if its for your own sanity that you do this exercise - just make sure that taking care of the demo account does not hamper your live account trading.
the most relevant of all practice would be to share how one exited (both SL and TP) and in what conditions makes one type of...
Congratulations daytrader
- #10,798
- Apr 7, 2012 12:37am Apr 7, 2012 12:37am
- Joined Mar 2011 | Status: Trader | 1,886 Posts
pls what do you use for tp and stop loss. doyou use rule 2 or fibo expansion
I've tried all sorts and still working out which is best for me. I used to use TP1 with the fib but then sometimes a lot of pips are missed. I don't like taking half off of my trade. I've tried trailing behind the last bull or bear candle depending on whether I'm long or short, that has a lot of breakeven or a few pips and then sometimes will get 100 pips in one trade, so really not sure which to stick with - #10,799
- Edited 1:06am Apr 7, 2012 12:43am | Edited 1:06am
- Joined Mar 2011 | Status: Trader | 1,886 Posts
Nice results. May i ask why you had an open equity floating between 1st through 3rd of April? Usually this will never happen with syphonie. Your equity looks like a grid system or nanningbobs beast EA. Hard to analize without open history.
But hey go ahead as long as you made profits and you do not doubling lots like in the last system history.
Whish you all the best.
Mediator
As far as I can see his equity looks nothing like a grid system, he keeps trades open for longer than most, but if you look at Evaluator's thread account up until he finished it, he very often had open equity.Edit: Actually just looking at the Sharpe Ratio, its very good at 1.60. The sharpe ratio: http://www.investopedia.com/articles...#axzz1rKcXUQhb (not directed at you mediator as I'm sure you know about it already) is a very good way of assessing risk/return. Most people think that you could get a job as a professional trader if you make 10% a week, I've heard it said many times on this forum, but they take into account the sharpe ratio and wouldn't entertain anyone with less than 1.8 so daytrader's figure is extremely good.
Depends which timeframe he works on as to whether there would be any floating open equity surely? His drawdown was -1.01% so not really any cause for alarm. His average trade duration was 11hrs 58 mins so I take it from that he is not scalping
Sharp ratio is good but only 10 trades. Letssee after 100 or 500 trades.
@lhDT are you trading syphony with EA orwhy you getting a 30%-40% loss?