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Symphonie Trader System

  • #10,961
  • Apr 12, 2012 9:01am Apr 12, 2012 9:01am
$ getting CRUSHED today!
  • #10,962
  • Apr 12, 2012 9:07am Apr 12, 2012 9:07am
Quoting FXSwissTrader
$ getting CRUSHED today!
yup.. atr was just met on the dollar though so I dont see it going any further south.

I JUST BANKED MY FIRST 200 PIP DAY!!!!! cheers I think this calls for a celebration.

After such a huge move I think I'll take the rest of the week off of trading and not let the market take back any of my profits
  • #10,963
  • Apr 12, 2012 9:09am Apr 12, 2012 9:09am
Quoting Dyekid217
yup.. atr was just met on the dollar though so I dont see it going any further south.

I JUST BANKED MY FIRST 200 PIP DAY!!!!! cheers I think this calls for a celebration.

After such a huge move I think I'll take the rest of the week off of trading and not let the market take back any of my profits
Bravo OK for You
Methodo 60-5 ?

Ciao
  • #10,964
  • Apr 12, 2012 9:13am Apr 12, 2012 9:13am
I posted yesterday that I've noticed the 1hr symphony signals come around 2 hours before frankfurt.. (3 hours before london) sometimes earlier like today.

I've been trading strictly the 1hr since the Extreme does not repaint anymore. (and I like my sleep so I only have to check my charts every 1-2 hours) Mostly price goes in one direction for the day unless a news release says otherwise.

I stay in during the news release and if the numbers dont go in my direction then I exit... Mostly I use discretion to exit if daily ATR is met and my TP hasnt been hit. or if PA is not convincing enough for me to stay in.


One thing I do highly recommend though is using RJ's settings for stochastics. I never really used stochastics before I went through this thread... but once you get the hang of it.. it is quite useful. Learn divergence and when to stay out of trades when it's OB/OS. I learned the hard way by getting in when stochastics was OB/OS only to cause heartache when price sent me into drawdown
  • #10,965
  • Apr 12, 2012 9:24am Apr 12, 2012 9:24am
Quoting Dyekid217
yup.. atr was just met on the dollar though so I dont see it going any further south.

I JUST BANKED MY FIRST 200 PIP DAY!!!!! cheers I think this calls for a celebration.

After such a huge move I think I'll take the rest of the week off of trading and not let the market take back any of my profits
Congratulations Some seasoned traders on this forum would love to have a day like that
  • #10,966
  • Apr 12, 2012 9:43am Apr 12, 2012 9:43am
Quoting ohammond
Congratulations Some seasoned traders on this forum would love to have a day like that
thanks olivia

I'm just honored that I can trade amongst everyone that has contributed to this system and produce consistent results.. but I'm in for the long haul and making a living from trading..

One day with practice I hope to do so!! symphony just helps speed up the process of learning the market
  • #10,967
  • Apr 12, 2012 9:54am Apr 12, 2012 9:54am
Quoting Dyekid217
I posted yesterday that I've noticed the 1hr symphony signals come around 2 hours before frankfurt.. (3 hours before london) sometimes earlier like today.

I've been trading strictly the 1hr since the Extreme does not repaint anymore. (and I like my sleep so I only have to check my charts every 1-2 hours) Mostly price goes in one direction for the day unless a news release says otherwise.

I stay in during the news release and if the numbers dont go in my direction then I exit... Mostly I use discretion to exit if daily ATR is met and my TP hasnt...
Is your entry rules the same as RJ? Who's template are you using?

Great job Dyekid.
  • #10,968
  • Apr 12, 2012 10:04am Apr 12, 2012 10:04am
My temp is somewhat similar to RJ.. I only trade the 1hr though..

and I replaced the heiken ashi candles with Synergy APB from the TMS thread
  • #10,969
  • Apr 12, 2012 10:11am Apr 12, 2012 10:11am
Just started using tvies along with my matrix 3.0.1 indicator so i can use 60-5 method on one chart. Theres a few discrepencies I keep noticing though, they both have exactly same settings.

On pic 1 you see the tvies set at 1hour and showing 2 extreme bars of red.
On pic 2 which is a chart i just loaded up with matrix 3.0.1 indi on h1 timeframe it has 3 which are red

pic 3 just shows my settings. Why is this? thanks

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And Dyekid, I thought you trades 60-5, or is that what you meant?
  • #10,970
  • Apr 12, 2012 10:12am Apr 12, 2012 10:12am
Couple this with CICR system.. u will have megapips coming yr way... my trades for today almost 600 pips...excellent system,, thanks a lot...
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  • #10,971
  • Apr 12, 2012 10:17am Apr 12, 2012 10:17am
Quoting chewz
Just started using tvies along with my matrix 3.0.1 indicator so i can use 60-5 method on one chart. Theres a few discrepencies I keep noticing though, they both have exactly same settings.

On pic 1 you see the tvies set at 1hour and showing 2 extreme bars of red.
On pic 2 which is a chart i just loaded up with matrix 3.0.1 indi on h1 timeframe it has 3 which are red

pic 3 just shows my settings. Why is this? thanks

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And Dyekid, I thought you trades 60-5, or is...

No Just strictly 1hr charts.. I was turning into a zombie waking up at 3am est. to trade -_-

Hi Lee... I hope you are doing well.. I've abandoned CICR and strictly trade symphony as there was so many additions to CICR that I couldnt keep up and consistently trade..

Now I just stick to one system and am noticing the benefits.. I get to learn the in's and out's of symphony.

BTW still not sure how you bank so many pips haha.. good to see you again
  • #10,972
  • Apr 12, 2012 10:24am Apr 12, 2012 10:24am
hi Dyekid217,, yes i've away for awhile,,,good thing is that I still use the original CICR system as my basis of pair selections.. putting this symphonie indi on sigtrader charts help me better on pair selection,,,red vs blue etc etc,,,

Quoting Dyekid217
No Just strictly 1hr charts.. I was turning into a zombie waking up at 3am est. to trade -_-

Hi Lee... I hope you are doing well.. I've abandoned CICR and strictly trade symphony as there was so many additions to CICR that I couldnt keep up and consistently trade..

Now I just stick to one system and am noticing the benefits.. I get to learn the in's and out's of symphony.

BTW still not sure how you bank so many pips haha.. good to see you again
  • #10,973
  • Apr 12, 2012 10:26am Apr 12, 2012 10:26am
Quoting Dyekid217
My temp is somewhat similar to RJ.. I only trade the 1hr though..

and I replaced the heiken ashi candles with Synergy APB from the TMS thread

In your experience, what's the difference between the HA candles and the Synergy APB?
  • #10,974
  • Apr 12, 2012 10:27am Apr 12, 2012 10:27am
dykekid what are your targets? I remember you saying you just go for pivots or wait untill opoosite extreme signal pops up.

On the eur/usd for h1 I can only see one signal line up today from london open
  • #10,975
  • Apr 12, 2012 10:27am Apr 12, 2012 10:27am
Quoting chewz
Just started using tvies along with my matrix 3.0.1 indicator so i can use 60-5 method on one chart. Theres a few discrepencies I keep noticing though, they both have exactly same settings.

On pic 1 you see the tvies set at 1hour and showing 2 extreme bars of red.
On pic 2 which is a chart i just loaded up with matrix 3.0.1 indi on h1 timeframe it has 3 which are red

pic 3 just shows my settings. Why is this? thanks

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And Dyekid, I thought you trades 60-5, or is that what...
The one you have on the 5min chart is only supposed to show the present bar, sometimes they build up like that and show more, if you change your timeframe and back again you will see it only has the present bar on there. You can change the settings under inputs to either recalculate at the close of the 1hr bar, or not (in which case it will refresh every 5 mins).
  • #10,976
  • Apr 12, 2012 10:28am Apr 12, 2012 10:28am
Quoting leekaq
hi Dyekid217,, yes i've away for awhile,,,good thing is that I still use the original CICR system as my basis of pair selections.. putting this symphonie indi on sigtrader charts help me better on pair selection,,,red vs blue etc etc,,,
Lee.. are you still using the filter line?? If you dont mind pming me your template that'd be great.

FXSwiss- I find that APB produces bigger candles than heiken ashi which helps me determine better price action
  • #10,977
  • Apr 12, 2012 10:41am Apr 12, 2012 10:41am
thanks ohammond, I must be acting dumb but cant see where I change the setting to recalc at the close of the 1h bar...

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  • #10,978
  • Apr 12, 2012 11:07am Apr 12, 2012 11:07am
Alright thanks for your help RJ. I'm gonna be careful, don't think I'll trade the way I described.

Quoting realjumper
If you are trading the 60 - 5 method, then the rules state the when Symphonie confirms the H1, the wait for a Symphonie M5 signal and enter. I see no reason why the way you suggest would be such a bad thing though.

The whole purpose of waiting for the '60 signal' is simply to show you the current trend, and to make you enter an M5 trade *only* in line with the current trend. There is no magic involved, it is simply good practice to trade with the trend, and the 60 - 5 method helps you to do this.

Your way will work, but one day you'll get...
  • #10,979
  • Apr 12, 2012 12:25pm Apr 12, 2012 12:25pm
Quoting chewz
dykekid what are your targets? I remember you saying you just go for pivots or wait untill opoosite extreme signal pops up.

On the eur/usd for h1 I can only see one signal line up today from london open
Exits are one of the most important things u must master if you want to consistently trade. I've found some things different about picking a target. Some days my targets are larger than others if there is still plenty of room left under the ATR once I get a signal.

I find that aiming for r1/s1 but trading multiple pairs is quite profitable since you are only targeting a small move on each pair. But overall you will have more consistent gains
  • #10,980
  • Edited 2:19pm Apr 12, 2012 2:02pm | Edited 2:19pm
Quoting chewz
thanks ohammond, I must be acting dumb but cant see where I change the setting to recalc at the close of the 1h bar...

Attachment
its the one thats highlighted in your image This is the post that it came from, so if you have any problems with it perhaps you could pm the creator. http://www.forexfactory.com/showthre...81#post5529781
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