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Symphonie Trader System

  • #13,501
  • Jun 10, 2012 4:38pm Jun 10, 2012 4:38pm
Quoting Bushman
That's an interesting article showing that the Swiss are dumping their euros. It helps explain the recent euro falls. Still, the Swiss have lots of money. It just shows what the profit margins must be like on cuckoo clocks - and what can be achieved by not joining in all the popular wars for nearly 200 years.

Attachment
Yeah.....it is interesting. I can't remember the exact figure that the previous interventions cost them in terms of % of gdp.....but it was a staggering level and it hurt them, and the market won the battle. The same will happen again if they persist. Interventions just will not turn trends around!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,502
  • Jun 10, 2012 4:42pm Jun 10, 2012 4:42pm
great explanation RJ,I use Evaluator's exits (1 to 3) depending on news, time of day,etc and I also trail like you,however I like to cash in 80% at 30 pips and I let the 20% run








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Libertad o muerte. Jose Artigas
  • #13,503
  • Jun 10, 2012 4:44pm Jun 10, 2012 4:44pm
Quoting realjumper
For me, setting the SL is easy......for a short, the SL goes above the recent swing high. For a long, the SL goes below the recent swing low. If the swing is too far away and the SL is too expensive, then I either reduce the size of my trade of I just give the trade a miss until I see a better option later.

Remember, a SL is there to save your account from serious damage.....it's not there for you to sit and watch it get hit like some mindless robot!!! If you see that you made a mistake and the PA is going the other way.....exit the trade. No...
Thanks very much for your explanations RJ !

Using smaller lots when the previous swing high/low is far away from the target is a good point !

At first I was looking for a way to use smaller SL as possible with big Tp (ratio 3:1 or 2:1) but that way is doom ATMO (can't manage it right, I don't say it's impossible with symphonie).

I think I'm gonna continue my way and implement your advices on it. Will what happen.

Good night all, see you at london openning.

Thanks again,

Regards,

Fable
  • #13,504
  • Jun 10, 2012 4:55pm Jun 10, 2012 4:55pm
Well...the big opening 'gap' up wasn't unexpected after the Spanish bailout was approved over the weekend.....but this is just a band-aid over the massive EZ problems and I think that this will provide more shorting opportunities in the not too distant future......especially as the Greek elections are only a few days away!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,505
  • Jun 10, 2012 6:08pm Jun 10, 2012 6:08pm
is the extreme v3 indicator the same with the tvi v2 indicator?

can somebody help me.

soory or my english
  • #13,506
  • Jun 10, 2012 6:22pm Jun 10, 2012 6:22pm
Quoting gbroker
is the extreme v3 indicator the same with the tvi v2 indicator?

can somebody help me.

soory or my english
This has been answered twice in the last 5 pages
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,507
  • Jun 10, 2012 6:23pm Jun 10, 2012 6:23pm
Quoting gbroker
is the extreme v3 indicator the same with the tvi v2 indicator?
Same indicator, just a different name.
  • #13,508
  • Jun 10, 2012 7:35pm Jun 10, 2012 7:35pm
ok,super thanks very much
  • #13,509
  • Jun 11, 2012 1:52am Jun 11, 2012 1:52am
Dear Yelena

I see that you use Schaff trend indi.
As far as I know, it repaints heavily.
What is your experience with it and when-how do you use it?
Enter Signature
  • #13,510
  • Jun 11, 2012 2:31am Jun 11, 2012 2:31am
doesn't look like the EU wants to go back to 1.265
  • #13,511
  • Jun 11, 2012 2:35am Jun 11, 2012 2:35am
Quoting Fable
doesn't look like the EU wants to go back to 1.265
Doesn't matter......Symphonie signaled short just after London open.....so that's what I did
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,512
  • Jun 11, 2012 2:36am Jun 11, 2012 2:36am
I got a 30M-5M signal buy

at 6:30gmt
  • #13,513
  • Jun 11, 2012 2:43am Jun 11, 2012 2:43am
Quoting realjumper
Doesn't matter......Symphonie signaled short just after London open.....so that's what I did
What about Stoch? Not in the best spot, was it? I saw signal, just didn't get in because of the Stoch.
  • #13,514
  • Jun 11, 2012 2:43am Jun 11, 2012 2:43am
Quoting Fable
I got a 30M-5M signal buy

at 6:30gmt
That's mid way through the Frankie hour.....not a good time to enter a trade imo
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,515
  • Jun 11, 2012 2:44am Jun 11, 2012 2:44am
Quoting morris1
What about Stoch? Not in the best spot, was it? I saw signal, just didn't get in because of the Stoch.
Stoch was perfect
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,516
  • Jun 11, 2012 2:59am Jun 11, 2012 2:59am
Quoting morris1
What about Stoch? Not in the best spot, was it? I saw signal, just didn't get in because of the Stoch.
To clarify for you.....see where Symphonie signaled the trade entry? That was as Frankie opened, and I could have (and should have) taken the trade then. See where stoch was?

When I entered, Symphonie was still good......stoch was still good.....remember, my entry was late, but the trade was still the same trade....and when the trade began, stoch was perfect. As long as the candles and Symphonie agree, the move is still able to withstand an entry. Of course, the later the entry, the higher the risk of the move failing.

Stochastic is much more than an 'overbought/oversold' indicator....if that's all is was, a simple/blue light would suffice.
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,517
  • Jun 11, 2012 3:04am Jun 11, 2012 3:04am
More info here
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,518
  • Jun 11, 2012 3:18am Jun 11, 2012 3:18am
Quoting realjumper
More info here
Thanks RJ for both comments, especially you leading through your trade, another lesson learned, really appreciate you taking the time with explanation.
Thanks.
  • #13,519
  • Jun 11, 2012 3:21am Jun 11, 2012 3:21am
Quoting morris1
Thanks RJ for both comments, especially you leading through your trade, another lesson learned, really appreciate you taking the time with explanation.
Thanks.
You're welcome.....getting the hang of stochastic isn't easy, and I guess that's why so many people dismiss it. Once you get the 'Eueka' moment though, just like when you discovered balancing on 2 wheels wasn't so hard after all, you'll be fine.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,520
  • Jun 11, 2012 3:30am Jun 11, 2012 3:30am
Quoting Fable
I got a 30M-5M signal buy

at 6:30gmt
Where did you go in because the last buy signal I have on 5m was much earlier than that, have you got a chart?
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