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Symphonie Trader System

  • #13,181
  • Jun 1, 2012 4:54am Jun 1, 2012 4:54am
Took sells on EJ and EU, image of EJ attached, I went in at the open of the last candle in the image. Took profit on EJ at the first ATR line and S1, don't want to be greedy on NFP day. +56 pips, took EU out at the same time for +20.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej5open.gif Size: 32 KB
Click to Enlarge Name: ej5close.gif Size: 27 KB
  • #13,182
  • Jun 1, 2012 5:17am Jun 1, 2012 5:17am
Quoting yelena
envy you! i got 80 pips alright. but at 0.01, to afraid to find crocodiles! a painfully grown $8 just so scared to trade today
Don't be afraid, if you know you can make the pips then go for it and take the risk!
  • #13,183
  • Jun 1, 2012 5:18am Jun 1, 2012 5:18am
Quoting yelena
envy you! i got 80 pips alright. but at 0.01, to afraid to find crocodiles! a painfully grown $8 just so scared to trade today
Yelena - I would love to understand the way u trade this strategy. Also, not sure how you got multiple arrows on your charts.

I am sure you must have answered this question earlier. But looking at how big this thread is, I would appreciate if you can point me to these answers

Thanks
Vicky
Fall seven times, stand up Eight! #GGMU
  • #13,184
  • Jun 1, 2012 5:20am Jun 1, 2012 5:20am
once more, very good analysis.
these markets are scary
today I'll stay out, i think that only those who dominate the markets and and have experience, can make money with this crazy price action


Quoting Evaluator
Looking at the Daily Chart we can see that
there was indeed a bounce right at the point of the touch point 4 of the expanding triangle. However, that is when things start to go bad....

It appears we have a ''dead cat bounce'' and then a complete breakdown of the expanding triangle as price action breaks back out of the lower support line and continues to drop some 300 pips below that line. We can thank the Spainish Bank ''Bankia'' and its insolvency problems for that one!!!; as the EU politicians try to think of a new way to play ''kick the can...
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  • #13,185
  • Jun 1, 2012 5:23am Jun 1, 2012 5:23am
FXstreet.com (Barcelona) - The Aussie dollar is trading in levels last seen in October 2011 as risk aversion is dominating the markets on soft euro zone data out of PMI prints and weaker Chinese manufacturing results.

According to I.Spivak, Currency Strategist at DailyFX, the cross is testing the support zone delimited by the levels around the late November bottom and the 76.4% Fibo retracement, and technical studies would indicate the likeliness of a rebound in the near term.

“We will stand aside for now, looking for an upward correction to yield a selling opportunity”, the expert suggested.

As of writing, AUD/USD is losing 0.75% at 0.9649, facing the next support at 0.9621 followed by 0.9596 then 0.9557 and 0.9518
On the upside, a breakout of 0.9727 would open the door to 0.9775 then 0.9803 and 0.9842
  • #13,186
  • Jun 1, 2012 5:32am Jun 1, 2012 5:32am
Quoting yelena
thanks. but i choose the battles where i will win or at least emerge unscathed. it must be courage in the right place. will not burn any of accounts. will not be part of the 95% statistics. no need to burn an account just to be successful in this business will be victorious the PM of NZ when it comes to FX.
  • #13,187
  • Edited 5:57am Jun 1, 2012 5:35am | Edited 5:57am
Hi Mr. MeAgain,

I understand very well what you say, it happen too me the same!
but one think i learned, in financial markets EA robots don´t work.
but traders with years of experience and strong winning mentality they really can win money.
We that are inexperienced traders and always jump and testing new systems, will lose.

I wish you good trades and thanks for your EA which is always appreciated by the community.

Quoting MeAgain
Hi everybody,

This is my first post on ForexFactory, no it is even my first post on any Forex forum. I am following this thread from November last year and although I was enthusiastic about it, my enthusiasm is slowly sinking away.

[font=Times New Roman][size=3]Some of the traders here are getting consistent profits from this system, but I simply cannot understand how. Although I am in the Forex business for two years now, I was never profitable, but I became...
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  • #13,188
  • Jun 1, 2012 5:43am Jun 1, 2012 5:43am
Quoting yelena
a painfully grown $8 just so scared to trade today
Hi Yelena,

I learned a lot of your postings, thanks a lot for that.

Maybe I had a nice tip to you. Use HeikenAshi Candles on M15, SMA60 for Majortrend and an SMA2 for Entry.
And watch to that mirical.
Attached Image
  • #13,189
  • Jun 1, 2012 5:46am Jun 1, 2012 5:46am
Quoting vickym
Yelena - I would love to understand the way u trade this strategy. Also, not sure how you got multiple arrows on your charts.

I am sure you must have answered this question earlier. But looking at how big this thread is, I would appreciate if you can point me to these answers

Thanks
Vicky
I would love to point you to her answers, but as you can probably tell by now, most of her posts she deletes soon afterwards, so....as her punishment for constantly doing that, she will have to explain it again
  • #13,190
  • Jun 1, 2012 5:50am Jun 1, 2012 5:50am
Quoting ohammond
I would love to point you to her answers, but as you can probably tell by now, most of her posts she deletes soon afterwards, so....as her punishment for constantly doing that, she will have to explain it again
Thanks for replying. I'll wait to see if Yelena likes to answer me.

Cheers
Vicky
Fall seven times, stand up Eight! #GGMU
  • #13,191
  • Jun 1, 2012 5:54am Jun 1, 2012 5:54am
these guys of Fxstreet.com or others they are good analysts but must of them bad traders. why is that?

Quoting Daytrader74
FXstreet.com (Barcelona) - The Aussie dollar is trading in levels last seen in October 2011 as risk aversion is dominating the markets on soft euro zone data out of PMI prints and weaker Chinese manufacturing results.

According to I.Spivak, Currency Strategist at DailyFX, the cross is testing the support zone delimited by the levels around the late November bottom and the 76.4% Fibo retracement, and technical studies would indicate the likeliness of a rebound in the near term.

[b][color=red]“We will stand aside for now, looking for an upward...
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  • #13,192
  • Jun 1, 2012 6:03am Jun 1, 2012 6:03am
Quoting genaja
Hi Yelena,

I learned a lot of your postings, thanks a lot for that.

Maybe I had a nice tip to you. Use HeikenAshi Candles on M15, SMA60 for Majortrend and an SMA2 for Entry.
And watch to that mirical.
OR - and this maybe a radical idea for the symphonie thread take the symphonie signals you have on your charts there.
  • #13,193
  • Jun 1, 2012 6:07am Jun 1, 2012 6:07am
Quoting ohammond
OR - and this maybe a radical idea for the symphonie thread take the symphonie signals you have on your charts there.
Priceless!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,194
  • Jun 1, 2012 6:19am Jun 1, 2012 6:19am
Quoting yelena
have you fully tested MA crosses? rule#1 in my trading notebook: never trade trade MA crosses. in 1 week your demo account will be halved. or may be i'm just a noob and do not understand MA crosses. i may not know at lot. but i certainly know where to stay away from

Hi yelena,

I tested a lot of MA crosses, but the failure rate was most to high for me.
The symphonie system is the best system that I see for short terms (M30, M15).
I use SMA60 to see the actually Majortrend of the higher timeframe, like M30. And to see, is the minor TF M5 in the same direction.

The SMA2 is for Entry. Opens the red HeikenAshi under the SMA2 and Symphonie is complete red (I use TVI Version) its time for an shorttrade.
SL over the last swing high.

MA Crosses had nothing to do with this entry. PA under SMA60, HA under SMA2, Matrix red, Stochastic 11-3-3 looks good -> go short.
  • #13,195
  • Jun 1, 2012 6:30am Jun 1, 2012 6:30am
my friend you are giving me reason
because what you have is a tool to help you cath 5 pips, not "smart robot"
Sorry if i don´t agree with you but in long term i think no one can be winner in trading markets by taking only 5 pips each time?
i already tried that

Quoting yelena
EA's are wonderful aids as long as you do not leave them running like crazy on their own. my EA follows 100% symphonie_tvi but filtered with SMA60 running on M5. he is programmed to take only 5 pips at a time. and exposed at 5% per trade. so today. he alone made 20% in his account. but he is off now. the trader must also know how to pick the best trades. see attachment.


arrows: realjumper's arrow
strategy: symphonie filtered with rj's arrow, same direction else, no trade. symphonie matrix repaints the bottom 3 lines as much as 52 bars, hence...
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  • #13,196
  • Jun 1, 2012 6:31am Jun 1, 2012 6:31am
GU M5 from earlier on. I didn't take this one, but it was a good trade......
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.jpg Size: 177 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,197
  • Jun 1, 2012 6:38am Jun 1, 2012 6:38am
Quoting mike2k
because what you have is a tool to help you cath 5 pips, not "smart robot"
Sorry if i don´t agree with you but in long term i think no one can be winner in trading markets by taking only 5 pips each time?
Many times secure 5 Pips is a lot, my friend! Every day only 0.5% or 1% of the hole account, is a nice result! Make a calculation with 1% every day.
  • #13,198
  • Jun 1, 2012 6:40am Jun 1, 2012 6:40am
EJ M5

This might interest some of the newer Symphonie traders here:

1. A Genuine entry, which, if the SL was placed above the previous swing high would have turned into a nice trade

or

maybe you chickened out and took a small profit or loss? If you did:

2. Another genuine Symphonie entry to get you back into the trade.....still a nice little earner

or

if you didn't chicken out earlier.....a great place to scale in a 2nd trade and really do some damage to the broker!!

Not too hard is it?.......don't keep adding crap to the charts.......you don't need it.
Attached Image (click to enlarge)
Click to Enlarge Name: ejm5.jpg Size: 186 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,199
  • Jun 1, 2012 6:55am Jun 1, 2012 6:55am
One more think:
in past i tried Symphonie and seems be nice entry point, but give to many false signals (for me but perhaps i'm bad trader), and manage the trade after we are in profit it was always complicated. because manage the trades in markets have one big problem: my emotions.
I have no problem in saying that in past i blow up an account of 10.000usd, but since a few weeks ago i was advised to work with team of portfolio management i start win money.

for all the newbies, do not make the mistake i made, this is good thread but i think it talk to much in success of some traders and not on why must of people even using and following the rules lose money.

PS: Please, i'm not saying this isn´t good thread, i'm only saying that it takes much more than a good system for making money in these "crazy" markets, especially with the global financial problems that we have seen.
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  • #13,200
  • Jun 1, 2012 7:01am Jun 1, 2012 7:01am
my friend take 5 pips profit in each trade, is a losing strategy.


Quoting genaja
Many times secure 5 Pips is a lot, my friend! Every day only 0.5% or 1% of the hole account, is a nice result! Make a calculation with 1% every day.
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