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Symphonie Trader System

  • #11,141
  • Apr 16, 2012 5:11am Apr 16, 2012 5:11am
same here dk... 1st target is daily pivot then r1... but depends on e/u behavior... i will keep an eagle eye on e/u/ ...
Quoting Dyekid217
just took buys on GU and AU.. will see if it makes it back to the daily pivot.. fresh signals too with stochastics in a good place
  • #11,142
  • Apr 16, 2012 5:14am Apr 16, 2012 5:14am
lately I havent been targeting the daily pivot but rather s1's and r1's.. possibly s2/r2

I figure since we have a 50 pip SL I want to try and maximize my profits with larger gains and better RR.. With symphony I find that most moves are alot better than just aiming for daily pivot which might only be 25-30 pips away on each given day.. if price doesnt support my move after hitting the daily pivot then I'll exit..

always using discretion when trading

also the dollar index is at a strong supply zone so we may see the bottom of the range again
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  • #11,143
  • Apr 16, 2012 5:17am Apr 16, 2012 5:17am
[indeed maximise r:r ratio. btw Usd/chf turning down at the moment and so bullish power on e/u... i think will pump up aud/usd and gpb/usd thru the open price....
quote=Dyekid217;5576085]lately I havent been targeting the daily pivot but rather s1's and r1's.. possibly s2/r2

I figure since we have a 50 pip SL I want to try and maximize my profits with larger gains and better RR.. With symphony I find that most moves are alot better than just aiming for daily pivot which might only be 25-30 pips away on each given day.. if price doesnt support my move after hitting the daily pivot then I'll exit..

always using discretion when trading[/quote]
  • #11,144
  • Apr 16, 2012 5:22am Apr 16, 2012 5:22am
also check out the usd news today.. everything forecasted lower than previous months numbers.. not a good sign for USD. If releases are lower than forecasted we can see a big fall in the dollar
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  • #11,145
  • Apr 16, 2012 5:40am Apr 16, 2012 5:40am
Quoting Dyekid217
also check out the usd news today.. everything forecasted lower than previous months numbers.. not a good sign for USD. If releases are lower than forecasted we can see a big fall in the dollar
You have wonder just how manipulated these forecasts are don't ya??!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,146
  • Apr 16, 2012 5:46am Apr 16, 2012 5:46am
G/U on H1 has buy signal with symphonie.
On the attached Chart green up arrow marks where the H1signal .
Just waiting for M5 to align, before looking to go long.
Does this look right to senior members?
Comments welcome
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  • #11,147
  • Apr 16, 2012 5:49am Apr 16, 2012 5:49am
According to the 60-5 symphonie yes is right your assumption.
currently log on G/U and A/U

Quoting Sjr
G/U on H1 has buy signal with symphonie.
On the attached Chart green up arrow marks where the H1signal .
Just waiting for M5 to align, before looking to go long.
Does this look right to senior members?
Comments welcome
  • #11,148
  • Apr 16, 2012 5:49am Apr 16, 2012 5:49am
Quoting Dyekid217
also check out the usd news today.. everything forecasted lower than previous months numbers.. not a good sign for USD. If releases are lower than forecasted we can see a big fall in the dollar

If U.S numbers come in under expectations, I would NOT assume a sell on the dollar.
  • #11,149
  • Apr 16, 2012 5:50am Apr 16, 2012 5:50am
Quoting realjumper
You have wonder just how manipulated these forecasts are don't ya??!!
im not too worried about the news but with dollar at a good supply zone im just adding more reason to short it.. also jjust following symphony but still looking for confluence
  • #11,150
  • Apr 16, 2012 5:52am Apr 16, 2012 5:52am
i agree on that euro is in a lot off pressure to the downside even with some good news but let see what the market has for us... up or down i hope to be on the right side
Quoting FXSwissTrader
If U.S numbers come in under expectations, I would NOT assume a sell on the dollar.
Ps: what a boring market today.....
  • #11,151
  • Apr 16, 2012 6:12am Apr 16, 2012 6:12am
i'm long a/u and g/u just as DK. stocks are turning down.... what you guys think?
  • #11,152
  • Apr 16, 2012 6:14am Apr 16, 2012 6:14am
Hello FXSwissTrader!

What indicator are yous using for weekly pivots because mine shows it at 3001 on EURUSD?

Regards from another Swiss FX trader
DK
  • #11,153
  • Apr 16, 2012 6:44am Apr 16, 2012 6:44am
Quoting Sjr
G/U on H1 has buy signal with symphonie.
On the attached Chart green up arrow marks where the H1signal .
Just waiting for M5 to align, before looking to go long.
Does this look right to senior members?
Comments welcome
But Evaluator write for the 60-5 Method

Quote
I use standard Symphonie Matrix v1.7 in 1 hour and 5 min.(input settings are on post#1)

And with this i got NO buy signal.

Or i am wrong with this?
I use exactly the settings from the post and still no BUY.

Hopefully i understand this righ as newbie in this thread
  • #11,154
  • Apr 16, 2012 7:05am Apr 16, 2012 7:05am
Quoting dakuki
Hello FXSwissTrader!

What indicator are yous using for weekly pivots because mine shows it at 3001 on EURUSD?

Regards from another Swiss FX trader
DK
Hi DK. It's the same pivot indie that most use here. You can set it to weekly instead of daily. I place two on my chart. One set to daily and one to weekly. I set my weekly to be seen on 1hr&4Hr TF's only.
Attached File(s)
File Type: ex4 FXI Pivots.ex4   25 KB | 442 downloads
  • #11,155
  • Apr 16, 2012 7:47am Apr 16, 2012 7:47am
Quoting Fame of me
But Evaluator write for the 60-5 Method



And with this i got NO buy signal.

Or i am wrong with this?
I use exactly the settings from the post and still no BUY.

Hopefully i understand this righ as newbie in this thread
Thats how Evaluator trades but its not how all of us trade, you have to find what you're most comfortable with. I'm also not sure he still trades with the signaller because he posted the v3 upgrade. http://www.forexfactory.com/showthre...46#post5523946 and as far as I know there hasn't been a signaller made from that version yet, apart from technobyte's.
  • #11,156
  • Apr 16, 2012 7:53am Apr 16, 2012 7:53am
A lot of very weak trends today. I would be careful and not get suckered in. Bank small profits. Just my Op.
  • #11,157
  • Apr 16, 2012 7:54am Apr 16, 2012 7:54am
Quoting Dyekid217
just took buys on GU and AU.. will see if it makes it back to the daily pivot.. fresh signals too with stochastics in a good place
Took the same as you, with the Eu there was an immediate change in Matrix from blue and the order went into DD, 20 pips for me and I got outta there.. Opinions: would you cats stay in and hope it turns around in your favor or get The heck out if the matrix changes so fast?
  • #11,158
  • Apr 16, 2012 7:59am Apr 16, 2012 7:59am
Quoting twonny
Took the same as you, with the Eu there was an immediate change in Matrix from blue and the order went into DD, 20 pips for me and I got outta there.. Opinions: would you cats stay in and hope it turns around in your favor or get The heck out if the matrix changes so fast?
You can't trade the hourly chart with a 20 pip stop loss, you have to keep the faith it will turn around or hit your stop loss at least set behind the swing low. The tvi was still blue and there was bullish divergence on GU and EU. OR use the 60-5 method and go in on the 5min signal after the hourly signals which usually saves you from drawdown but sometimes you will miss a lot of pips.
  • #11,159
  • Apr 16, 2012 8:02am Apr 16, 2012 8:02am
Quoting ohammond
You can't trade the hourly chart with a 20 pip stop loss, you have to keep the faith it will turn around or hit your stop loss at least set behind the swing low. The tvi was still blue and there was bullish divergence on GU. OR use the 60-5 method and go in on the 5min signal after the hourly signals which usually saves you from drawdown but sometimes you will miss a lot of pips.
I've been testing a 50 pip sl on the 1hr and it's working quite well.. if anyone wants more breathing room though I think 75 would be the most I would use.
  • #11,160
  • Apr 16, 2012 8:03am Apr 16, 2012 8:03am
Quoting Dyekid217
I've been testing a 50 pip sl on the 1hr and it's working quite well.. if anyone wants more breathing room though I think 75 would be the most I would use.
Definitely, but 20 pips is cutting it too thin.
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