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Symphonie Trader System

Just entered this short trade on EU
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Fall seven times, stand up Eight! #GGMU
i agree, we win brokers lose

Quoting realjumper
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...
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Quoting mike2k
my friend take 5 pips profit in each trade, is a losing strategy.
Secure 5 Pips with 1 Lot, every trade, on 5 Paires, 5 times a day is a loosing strategy?

Well, the thoughtful are free! ;-)
Quoting mike2k
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...
Take a look at that chart I posted above your post. Never mind whether you go into the short at 1 or 2 or both.......where is the exit and why?......you tell me.
Doing what you like is Freedom. Liking what you do is Happiness.
Quoting yelena
you must be able to give yourself a SOLID AND SOUND answer why you are entering and exiting the market. if it's gut feel, then that's guess work. if you are applying that to your current portfolio, i wish you all the best.

proof of success: you repeat that success using the same method, again and again. it will not be 100% accurate, but gives you are daily target. do you even have a target? and a plan to reach that/those target/s. trading aimlessly .... not a good idea
Well said
Fall seven times, stand up Eight! #GGMU
Quoting vickym
Just entered this short trade on EU
Closed for +35. Not very convincing though
Fall seven times, stand up Eight! #GGMU
Quoting vickym
Closed for +35. Not very convincing though
It wasn't a good entry so it's good that you got some pips from it
Doing what you like is Freedom. Liking what you do is Happiness.
Quoting realjumper
It wasn't a good entry so it's good that you got some pips from it
Yes, I know that wasn't a good entry.....I was lucky!
Fall seven times, stand up Eight! #GGMU
Wow. I can't believe I'm not in this uptrend. . 170 pips on EU in 45 mins. Crazy.
Quoting yelena
full mm-sized this time. 80 pips across the board
and during NFP
Sell on AU, GU and EJ: 20 pips each. EU 50 pips = 110

total haul today: 190 pips in less than 1 hour! first for me in this short amount of time . well worth the 12 hour wait. thank you god! attached is the m15 trades that have just matured

green pips to you all! trade safely and choose your trades carefully!
Yelena,
would you be kind enough to walk me through your NFP sell on EU? I'm not looking for anything wrong with your trade, just trying to learn.
I remember you saying you enter on 2.nd candle after announcement(08:35 EST).
Thank you, I would really appreciate it.
Quoting yelena
full mm-sized this time. 80 pips across the board
and during NFP
Sell on AU, GU and EJ: 20 pips each. EU 50 pips = 110

total haul today: 190 pips in less than 1 hour! first for me in this short amount of time . well worth the 12 hour wait. thank you god! attached is the m15 trades that have just matured

green pips to you all! trade safely and choose your trades carefully!
Nice trades, keep going!

Do you mind sharing the mystery behind the multiple arrows on your charts, and how do you use them?
Fall seven times, stand up Eight! #GGMU
Quoting yelena
when it's a high impacting news, trader has to go to M1 if its deemed not to whipsaw and M5 if its deemed to whipsaw.

if you were watching M5 earlier as the news were all released at the same time, M5 went down first. I DON'T KNOW WHY. then it went up. at the close of the M5 (specifically for EU) i sold because that was the initial PA reaction and NFP always creates whipsaw.

interest rates and minutes of the meeting creates the same effect depending on currency. but since i have more experience in EU, TP was 50. AU GU EJ AJ UC UC are not like...
Well, patterns are my weakest point. So, I did remember it correctly, just one last think - where do you put your stop? Because, it depends probably which broker, price on the 2.nd candle went up 13 pips and than smacked down. Those first 4 candles after announcement. 20 minutes.
Thanks again for reply
Quoting morris1
Well, patterns are my weakest point. So, I did remember it correctly, just one last think - where do you put your stop? Because, it depends probably which broker, price on the 2.nd candle went up 13 pips and than smacked down. Those first 4 candles after announcement. 20 minutes.
Thanks again for reply

you remember the 20 minute rule? sharp the close of the bar is both your SL and TP, if your TP was not hit first <- news trading.
Have a nice weekend everyone, don't forget its a double bank holiday in the UK on Monday and Tuesday because of the Queen's Jubilee.
Hello, people. Сan you explain to me do I have to use the settings for the Emotion indikator (3000) if i trade on H1 timeframe? Is it too much, the default is 500 in the template.
Quoting Alex555
Hello, people. Сan you explain to me do I have to use the settings for the Emotion indikator (3000) if i trade on H1 timeframe? Is it too much, the default is 500 in the template.
Its not a setting as such, its just how far back the bars show so you can set it to whatever you like, I have mine at 500.
Just be aware that if you set it to too large a number, and you have a lot of charts open with the indicator attached (each indicator set to that large number), you may notice your CPU usage going up, and your system response time slowing down.
Hi,everyone this is my first time that I write in this forum ,but I am using this strategic and I think is the best ,but now my indicators does not work because I instaled a new metatrader and the matrix is everything blue ,do you know what sould I do please.?
What should we do next week?
- EU in diaster
- USA: NFP is very bad
- Stock down
=> Gold become KING
So what should we do on EURUSD pair next week?
Quoting ductrifx
What should we do next week?
- EU in diaster
- USA: NFP is very bad
- Stock down
=> Gold become KING
So what should we do on EURUSD pair next week?
Sell it
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