Symphonie Trader System

Looks better .. wonder why din think of it

lol.....dunno what took me so long. Do you want me to upload this one?

i prefer changing HA to red and blue .. just did ..

Ok....that will work too!!

I kinda like HA coz it relieves the stress ..

I thought i was the only one with missed trades because of colours. I was a bit shy to acknowledge that. Now i know i'm not the only one

Does anyone know how to move the Symphonie signaler to the top right of the chart instead of the left?

EDIT:

Bit of a visual aide to show why I ask. As you can see the simulator I'm trialing has text on the upper right also. I can't see settings in either than enable me to move them

http://i264.photobucket.com/albums/i.../Symph/sim.gif
http://i264.photobucket.com/albums/i...simplussig.gif

Set chart shift to on (as below) then move the chart over to fit by clicking and dragging the small triangle you will see at the top right on your chart.

thanks for the quick reply! I should hav explained myself better. Its not so much the charting PA. It's the overlap between the simulators labelling for trades and bid ask and the signalers colour bars.

Yes I see what you mean now, unfortunately, if there is nothing to change in the inputs, unless you have the mq4 file of either, and can change the code yourself, you're not going to be able to do it.

I thought that might be the case. Thanks for your help anyway. I'll just run 2 charts side by side. That's pretty much the bit of the signaler I wanted anyway. It would have just been nice to have the M5 signal on the H1 chart rather than running both.

To say the least this has not been the cleanest of markt moves. As a matter of fact this last markt move has been very messy and one sided which i think can be contributed to the disaster in Europe that is Greece. That being said.....There is a full 5 wave down move that one can easily count the moves ending in a almost flat at the Sunday's small gap down. This, I believe is the completion of wave 3 so now I look to a corrective wave 4 (which I was hoping for all last week) that will close the gap down open from Sunday a week ago. I look for this wave to terminate at 1.30600 to 1.30700 then once complete I look for a final strong wave 5 that will finally end this touch point '4 of the expanding triangle at the 1.27200 to 1.26800 area.

From that point I am looking higher in the EURUSD to complete the triangle and rally upwards for the rest of Mai only to fail over the summer months and push the EurUsd to the 1.12 are as the rally of Europe fails and contagion finally takes hold of Europe and the world markts realize tha failure that is the PIIGS nations. As a suprise note...you may wish to add one more letter and make that PIIGS-F.

So, as I said last week I am still awaiting the GAP closing move that will be my signal to sell hard for the final drop in EURUSD.

P.S. From a RealJumper view....the EURUSD is heavily oversold in both 60 min, 4 hour, and daily and long overdue for a relief rally so the bears can get a brief rest for the next push down.

Evaluator.:nerd:

Merkel's Now Backed Into a Corner... Will She Commit Political Suicide or Bail on the Euro?

By Phoenix Capital Research
Created 05/13/2012 - 14:32


As I’ve noted in previous articles, politics, not economics, rule Europe. What I mean by this is that most major decisions in Europe are determined by political agendas that ignore economic and financial realities.

This is at the core of the “welfare state” mentality that permeates Europe as a whole. The EU in general is comprised of an aging population that is more concerned about receiving the pensions/ health benefits/ social payouts that were promised to them by the system than anything else.

As a result of this, EU voters, who determine EU elections, don’t take action until what has promised to them comes under threat.

For this reason, EU political leaders will maintain their agendas regardless of whether said agendas go against financial or economic realities (or common sense for that matter) until these agendas begin to have real negative consequences for their political careers.

A perfect example of this paradigm in action is German Chancellor Angela Merkel who was relatively “pro-bailout” until German voters began to thrash her political party in Germany’s state elections (March 2011).

She then altered her strategy to one of offering to provide bailout funds to Greece and others but only if these EU members met fiscal demands that were so onerous that the likelihood of them accepting the deal was little to none.

As a result of this decision to start playing “hardball,” Merkel’s political approval ratings shot to their highest levels since her 2009 re-election. At the same time, she was able to maintain her agenda of extending Germany’s control over Europe from a fiscal perspective (another plus in the eyes of German voters) without abandoning Germany’s allegiance to the Euro which would only turn the rest of the EU against Germany.

And then… German voters found out that she’s secretly been bailing out Europe along with the Bundesbank:

German tempers boil over back-door euro rescues

Professor Hans-Werner Sinn, head of Germany's IFO Institute, said German taxpayers are facing a dangerous rise in credit risk from a plethora of bail-out schemes. "The euro-system is near explosion," he told Austria's Economics Academy on Thursday.

Dr Sinn said Germany is on the hook for much of the €2.1 trillion (£1.72 trillion) in rescue measures for EMU debtors - often by the back-door - that will saddle Germans with ruinous losses one day.

"It is a horror scenario," he said, warning that the euro system is splitting friendly countries into blocs of mutually hostile creditors and debtors, exactly the opposite of what was hoped.

Earlier this week, the Foundation for Family Business in Munich filed a criminal lawsuit against the Bundesbank, accusing the board of disguising the true scale of risk born by German citizens.

http://www.telegraph.co.uk/finance/f...o-rescues.html [11]

As a direct result of this, Merkel’s CDU party is getting slammed again in state elections. And remember, Merkel is up for re-election in 2013. In that context as well as the recent elections in France and Greece, the stage is set for the EU to collapse in the future. Indeed, Germany’s been almost expecting this for months now:

Seeing in Crisis the Last Best Chance to Unite Europe

MR. SCHÄUBLE said the German government would propose treaty changes at the summit of European leaders in Brussels on Dec. 9 that would move Europe closer to the centralized fiscal government that the currency zone has lacked. The ultimate goal, Mr. Schäuble says, is a political union with a European president directly elected by the people.

“What we’re now doing with the fiscal union, what I’m describing here, is a short-term step for the currency,” Mr. Schäuble said. “In a larger context, naturally we need a political union.”

Critics say the spending cuts German leaders have demanded from other countries are hurting growth across the Continent, in the process making debts only harder to repay. And his proposals to give the European Commission far-reaching powers to enforce budgetary discipline have been likened by skeptics in Britain to an invasive new “super state.” Even some euro supporters fear that Mrs. Merkel and Mr. Schäuble are talking about long-term changes while panicked investors and practiced speculators are tearing the euro to pieces right now.

“There is a limited transition period where we have to manage the nervousness on the markets,” Mr. Schäuble said. “If it is clear that by the end of 2012 or the middle of 2013 that we have all the ingredients for new, strengthened and deepened political structures together, I think that will work.”

He sees the turmoil as not an obstacle but a necessity. “We can only achieve a political union if we have a crisis,” Mr. Schäuble said.

http://www.nytimes.com/2011/11/19/wo...1&pagewanted=2 [12]

Note that Schauble repeatedly emphasizes the goal of a “political union,” NOT a “fiscal union” or “monetary union.” Indeed, his one reference to a “fiscal union” is in the “short-term,” while stressing that in a “larger context” the EU needs a “political union.”

The message here is very, very clear: Germany is interested in the EU as a political entity, NOT the Euro as a currency. With that in mind, as well as Merkel’s recent political struggle, the stage is set for a possible exit from the Euro on the part of Germany.

True this would have horrible consequences for the EU both politically AND financially. But the alternative (implode Germany and commit political suicide) is no better. And in the end, politics wins, which is why I think when push comes to shove, Germany will pull out of the Euro (but not the EU) rather than backstop the system for much longer.

On that note, I fully believe the EU in its current form is in its final chapters. Whether it’s through Spain imploding or Germany ultimately pulling out of the Euro, we’ve now reached the point of no return: the problems facing the EU (Spain and Italy) are too large to be bailed out. There simply aren’t any funds or entities large enough to handle these issues.

Good Investing!
Graham Summers

great analisys Eval!!!!

hoping green pips to all!!!!

In the 60-5 method, is it recommended to wait for the candle to close on the 60 min chart?

For the 5 min chart I'm assuming its better to wait for it to close since there is more noise and higher probability of false alarm.. is this correct?

http://www.forexfactory.com/images/s...n/post_old.gif Mar 13, 2012 11:50am
http://www.forexfactory.com/nfs/cust...tar52245_5.gif Evaluator
Member
Member Since Oct 2007
http://www.forexfactory.com/images/misc/10+kt.gif 1,597 Posts

http://www.forexfactory.com/images/icons/icon1.gif Symphonie 60-5 method
Here is a strategy I have been playing with for the past few days and I wanted to pass on to the group to ''evaluate''.

I call it the Symphonie 60-5 method.

Basically, you watch the hourly chart until you receive a Symphonie Signal. Then at the close of the candlestick of the Symphonie Signal in 1 hour you begin to look at the 5 min chart for your entry point.

Few more pips to target

Exit at +19 pips only due to Exit Strategy 1

nah....... TP x 2 if I didnt use exit strategy 1

still evaluating about should I use exit strategy 1 in 60-5 style

Was a beautifull trade if you got into it. I am finally starting to get some success with your template RJ. I just added 1 single moving average. The 600EMA on the 5minute chart (Its the 200 on 15 and 50 on 1hr). Dont like too many moving averages and pivots, but this one seems the most effective. And if you look back at that AUDUSD trade you will see it wouldve worked great.

Difficult day on the EU (and others) today. Don't go making silly trades!!!