Symphonie Trader System

Thats a lot. Maybe you are willing to change the money management.
1% or 2% Risk each Trade, you must have 14 loosing trades for this drawdown.
Yesterday you wrote, 14% Profit at this week! So you have high risk!

I never wrote my profits yesterday were 28% for the week?? where did you get this information from?

Daytrader74
Symphonie rocks.

Member Since Nov 2009
1,578 Posts

Only a lousy +14.95% for the week so far
__________________
Whoever said money doesn't grow from trees obviously has never sold weed!

22h ago that was.

Where does that say that I said my profits were 28% for the week?? someone is smoking weed?

still short 15 min TF Matrix Signal EU + AU (red vertical line), long UC (blue vertical line)

closed EU +21 pips, AU -18 pips, UC +14 pips, total +17 pips ...

The REAL Reason the EU is Implementing Border and Capital Controls

By Phoenix Capital Research
Created 06/06/2012 - 07:08


The following is an excerpt from my latest issue of Private Wealth Advisory. In it I outline two key developments in Europe which virtually NO ONE is talking about: the creation of border controls and capital controls. The political elite are doing this for only one reason: they know it’s GAME OVER in the EU.

The EU in its current form is finished. Done. Game Over. I’ve been saying this for months. But it’s a fact. Europe has literally run out of money. Indeed, the ECB’s interventions are now not only toxic for those participating in them (those banks taking money via the LTRO have been crushed in the credit market) but are losing their impact (LTRO bought only one month of market gains).

Again, the EU is finished. And the powers that be know this. Indeed, the following should give you an idea of how serious things are getting:

A Vote of No Confidence in Europe

Germany and France's joint proposal to allow Schengen-zone countries to temporarily reintroduce border controls as a means of last resort might sound harmless. But doing so would damage one of the strongest symbols of European unity and perhaps even contribute to the EU's demise.

Germany and France are serious this time. During next week's meeting of European Union interior ministers, the two countries plan to start a discussion about reintroducing national border controls within the Schengen zone. According to the German daily Süddeutsche Zeitung, German Interior Minister Hans-Peter Friedrich and his French counterpart, Claude Guéant, have formulated a letter to their colleagues in which they call for governments to once again be allowed to control their borders as "an ultima ratio" -- that is, measure of last resort -- "and for a limited period of time." They reportedly go on to recommend 30-days for the period.

http://www.spiegel.de/international/...-a-828815.html [18]

This story has been almost completely ignored by the mainstream media. Let me ask you this… do you think Germany and others are really concerned about an influx of migrants? Of course not, the whole idea is ridiculous. Italy was supposedly upset about 25,000 migrants from North Africa… Italy has a population of 65 MILLION!

No, the move to create border controls is about one thing only: stopping people from fleeing with their money when the collapse comes. The political elite in Europe are watching the bank runs in Spain and Greece and know that when the big Crash comes similar runs will occur throughout the EU.

Consider the following story and you’ll see what I mean:

Swiss eye capital controls if Greece goes

The Swiss National Bank is considering imposing capital controls on foreign deposits if Greece leaves the euro, as the franc comes under heavy demand from investors seeking a haven in Europe.

Speaking to Swiss media, Thomas Jordan, head of the Swiss central bank, said the Swiss government and the SNB were looking at ways of dealing with an expected flood of foreign money into the country in the event of a Greek exit from the eurozone.

http://www.ft.com/cms/s/0/d7678676-a...#axzz1wNKR2leW [19]

Potential border controls in the EU and capital controls in safe haven Switzerland to stop inflows of funds? If that doesn’t tell you point blank that the political elite in the EU are scared stiff, nothing will.

Indeed, Germany has made a massive power grab to control most of Europe’s finances… but under one condition: it be given access to other members’ gold reserves as collateral.

Europe’s debtors must pawn their gold for Eurobond Redemption

Southern Europe’s debtor states must pledge their gold reserves and national treasure as collateral under a €2.3 trillion stabilisation plan gaining momentum in Germany.

The German scheme -- known as the European Redemption Pact -- offers a form of "Eurobonds Lite" that can be squared with the German constitution and breaks the political logjam. It is a highly creative way out of the debt crisis, but is not a soft option for Italy, Spain, Portugal, and other states in trouble.

The plan is drafted by the German Council of Economic Experts and inspired by Alexander Hamilton’s Sinking Fund in the United States -- created in 1790 to clean up the morass of debts left by the Revolutionary War. Flourishing Virginia was comparable to Germany today…

The plan splits the public debts of EMU states. Anything up to the Maastricht limit of 60pc of GDP would remain sovereign. Anything over 60pc would be transfered gradually into the redemption fund. This would be covered by joint bonds.

Italy would switch €958bn, Germany €578bn, France €498bn, and so forth. The total was €2.326 trillion as of November but is rising fast as Europe’s slump corrupts debt dynamics. The sinking fund would slowly retire debt over twenty years, using designated tithes akin to Germany’s "Solidarity Surcharge".

In effect, Germany would share its credit card to slash debt costs for Italy, Spain and others. Yet it is the exact opposition of fiscal union. While eurobonds are a federalising catalyst, the fund would be temporary and self-extinguishing. "The fund is a return to the discipline of Maastricht with sovereign control over budgets," said Dr Benjamin Weigert, the Council of Experts’s general-secretary…

The fund implies a big sacrifice for Germany. Its interest costs on joint debt would be much higher than today’s safe-haven rate of 1.37pc on 10-year Bunds. Jefferies Fixed Income says it would cost 0.6pc of German GDP annually. The Council of Experts -- or `Five Wise Men’ -- argue that this would be modest compared to the growth adrenaline of rescusitating monetary union.

Yet it is not charity either. One official said a key motive is to relieve the European Central Bank of its duties as chief fire-fighter. "We have got to get the ECB out of the game of distributing money, and separate fiscal and monetary policy. Germany has only two votes on the ECB Council and has no way to control consolidation," he said.

Germany would have a lockhold over the fund, able to enforce discipline. Each state would have to pledge 20pc of their debt as collateral. "The assets could be taken from the country’s currency and gold reserves. The collateral nominated would only be used in the event that a country does not meet its payment obligations," said the proposal.

http://www.telegraph.co.uk/finance/f...edemption.html [20]

Folks, the EU End Game is now officially in play. Germany has played its hand: if you want us to foot the bill we want your Gold. This tells us:

 

1. Germany is aware that most EU Sovereign bonds and paper are garbage (this is confirmed by the fact that Germany has passed legislation allowing its own banks to dump EU Sovereign bonds into a bailout fund during a Crisis).
2. Germany will only put up more money if it’s granted fiscal control of the EU and Gold bullion as collateral.
3. Germany is the REAL monetary power in Europe (not the ECB).

I believe this is Germany’s final push for EU control. If this fails and Germany ceases to offer additional bailout funds in some form then the EU will collapse (as noted earlier, the ECB, IMF, and US Fed cannot prop the EU up nor will the ESM mega bailout fund work). Spain’s literally on the verge of seeing a bank holiday. Germany is the only one who might have the funds to prop it up. And Germany wants gold.

In plain terms, the EU will likely not last through the summer. It’s literally GAME OVER time. Various proposals will crop up (such as Germany’s “cash for Gold” program), but no one (not even Germany) actually has the funds to support the avalanche of banking failures that is coming.

THIS is why various countries are moving to put border and capital controls in place. They know the game is up. It’s now just a matter of time before things go from ugly to truly disastrous.


Good Investing!

Graham Summers

Shorted AUD @0.9895 TP @61.8% fabio

The AU trade was just above R2 when you took that. I don't take any notice of mid pivots (don't have them on my chart) which the other two were near, but main pivots I do take notice of.

Don't know why, but now afterwards I see R2 ... I have to clean my eyeclasses ... Thanks for your observation, without the mid levels the charts are looking better.

Hi guys!

I do have a question, how do you keep the RR ratio above 1 (if possible above 2 or 3) if you respect post #1 SL ?

This week have strictly respected post #1 (75pips sl for 15M charts) and my results are really not so good :/

Thanks in advance for your advices.

Regards,

Fable

hey care to post your temp and indis?

as far as i know ex4 is like exe and mq4 is like source code
you can open and edit mq4 file in meta editor but not ex4 file

I hope someone's answered that by now, he asked it 9 months ago

If I had the mid levels on there I would never put a trade in

I would never have a 75 pip stop loss on M15, its only there for emergency purposes really but I wouldn't want to lose that many pips even in an emergency. I would have thought there would be a signal in the other direction though before 75 pips was hit?

When I took the attached trade it had already signalled up on M15 but right on the pivot and started coming back down so I went to the M5 to see if I could get a better shot at it and did I went in on the candle before the last one in the first pic. Stoch perfectly placed, set my TP at 5 pips below the where the second ATR line was at the time.

The last pic is where I would have gone in if I hadn't taken into account the pivot as it had just signalled.

Hi folks,
thanks for a great and interesting thread

My trading style is normaly PA on 4h chart. And it works well, but the simplicity of this Symphonie style caught my eye....

Took my first trade, just want to check with the pro in here, if it was a right trade or it was pure luck this time.....

Thanks.....

It looks good to me, nice bullish divergence too by the look of it on there.

thanks mate..