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Symphonie Trader System

  • #13,801
  • Jun 21, 2012 10:14am Jun 21, 2012 10:14am
I've been watching this system live for the past 2hours... It has amazing accuracy, even not on the A+ set ups... I'm impressed.
  • #13,802
  • Jun 21, 2012 10:34am Jun 21, 2012 10:34am
Thanks Yolanda,

Yes, I'am still alive and still trading "Symphonie" almost 1
year now. I trade mostly the N/Y session as I can't seem to stay
awake all night. I don't talk to much to the N/Y session people.

I'am still using Symphonie and RJ's set-up and making money.

My advice to people is: You gotta have a fast trigger finger
and if your in doubt that the market is going to turn against
you...get out.

The system works...thanks to all the great posters here (You
know who you are) This is as good as it get's...

snarlyjack
  • #13,803
  • Jun 21, 2012 10:35am Jun 21, 2012 10:35am
Quoting dafox1
I've been watching this system live for the past 2hours... It has amazing accuracy, even not on the A+ set ups... I'm impressed.
Surely Symphonie is a great system, but obviously not foolproof.
At 16:57 I take a Symphonie had long since all indicators BLUE (now no longer visible because it repaints). So I took the stop and peace.
However, confirm the excellent system but we must pay attention to repaint.
Congratulations to all alla prossima.

Giancarlo
  • #13,804
  • Jun 21, 2012 10:39am Jun 21, 2012 10:39am
Quoting Matrix8756
Surely Symphonie is a great system, but obviously not foolproof.
At 16:57 I take a Symphonie had long since all indicators BLUE (now no longer visible because it repaints). So I took the stop and peace.
However, confirm the excellent system but we must pay attention to repaint.
Congratulations to all alla prossima.

Giancarlo
Yeah, That's why I'm just practicing risking very very small amounts <1% of my account because I need to get a better feel for the system.
I've had a net loss of 3 pips over 3 trades lol about 30 cents...
  • #13,805
  • Jun 21, 2012 10:39am Jun 21, 2012 10:39am
Quoting snarlyjack
.....
The system works...thanks to all the great posters here (You
know who you are) This is as good as it get's...

snarlyjack

Will it work also with H1 or even H4 as preferred timeframe? Unfortunately I can`t really trade the lower tfs.

Thanks

Forex37
  • #13,806
  • Jun 21, 2012 10:47am Jun 21, 2012 10:47am
Forex37

I really only trade the 5 minute chart (N/Y session) but their
is no reason why it would not work on the 1 hour and 4 hour
charts. I have in the past made a set-up on the 4 hour chart
then went to bed and got-up in the morning and made
money! But I don't like doing that. I like to watch the
charts. The 1 hour time frame is way to boring for me.


snarlyjack
  • #13,807
  • Jun 21, 2012 10:52am Jun 21, 2012 10:52am
Quoting snarlyjack
Forex37

I really only trade the 5 minute chart (N/Y session) but their
is no reason why it would not work on the 1 hour and 4 hour
charts. I have in the past made a set-up on the 4 hour chart
then went to bed and got-up in the morning and made
money! But I don't like doing that. I like to watch the
charts. The 1 hour time frame is way to boring for me.


snarlyjack
Thanks for your quick reply. I also wonder what others think, if they ever tried. I remember somebody visually testing 3 tfs. But haven`t noticed anybody trading H1 or H4.

Regards

Forex37
  • #13,808
  • Jun 21, 2012 11:00am Jun 21, 2012 11:00am
Looking at the PA today for EU. Will it be safe to say that downtrend is back? Any suggestion of re-entry point if missed?

Many thanks.
福 子 Victor V
  • #13,809
  • Jun 21, 2012 11:03am Jun 21, 2012 11:03am
Quoting Forex37
Will it work also with H1 or even H4 as preferred timeframe? Unfortunately I can`t really trade the lower tfs.

Thanks

Forex37

Forex37,

Symphonie works in anytimeframe and any currency pair.

Evaluator.:nerd:
  • #13,810
  • Jun 21, 2012 11:07am Jun 21, 2012 11:07am
Quoting camvcvoo
Looking at the PA today for EU. Will it be safe to say that downtrend is back? Any suggestion of re-entry point if missed?

Many thanks.

camvcvoo,

I believe this is the ending wave 5 (down) of a 5 wave pattern. Therefore, you are correct the downtrend has resumed.

I am looking for at bottom at 1.22500 to 1.22000 range as first target area.

Evaluator.:nerd:

P.S. I sold at Symphonie Signal yesterday and have sell orders running from 1.27100.
  • #13,811
  • Jun 21, 2012 11:14am Jun 21, 2012 11:14am
Quoting Evaluator
camvcvoo,

I believe this is the ending wave 5 (down) of a 5 wave pattern. Therefore, you are correct the downtrend has resumed.

I am looking for at bottom at 1.22500 to 1.22000 range as first target area.

Evaluator.:nerd:

P.S. I sold at Symphonie Signal yesterday and have sell orders running from 1.27100.
Thanks Eval.

I am looking to re-enter at higher price. Don't really know which level is good.

Also, some analyst target final take profit at 1.1600

Victor V
福 子 Victor V
  • #13,812
  • Jun 21, 2012 11:22am Jun 21, 2012 11:22am
Quoting camvcvoo
Thanks Eval.

I am looking to re-enter at higher price. Don't really know which level is good.

Also, some analyst target final take profit at 1.1600

Victor V

1.16 is very possible if the ending waves is an extended wave 5. In the shortterm I see no retracement as the retracement was to 1.27 so for the rest of this week I think down is going to be the direktion of the markt price action for this week and most of next.

May I suggest using a 50 day Moving Average line on your chart for trend direction. As long as the price action stay on one side of line you only take Signals signals that agree with side of the line. (see post #12273)

(i.e. price action below line = only Symphonie sell signals......price action above line = only Symphonie buy signals)
  • #13,813
  • Jun 21, 2012 11:24am Jun 21, 2012 11:24am
Quoting Evaluator
1.16 is very possible if the ending waves is an extended wave 5. In the shortterm I see no retracement as the retracement was to 1.27 so for the rest of this week I think down is going to be the direktion of the markt price action for this week and most of next.

May I suggest using a 50 day Moving Average line on your chart for trend direction. As long as the price aktion stay on one side of line you only take Signals signals that agree with side of the line.

(i.e. price aktion below line = only sells......price aktion above line = only...
With TF 1H?
  • #13,814
  • Edited 11:45am Jun 21, 2012 11:27am | Edited 11:45am
Quoting Matrix8756
With TF 1H?

Any timeframe you wish.

But I look for signals in 60 min and make my entries in the 5 min timeframe. Because one get better entry price and avoid the pullbacks that often occur at the time of Symphonie Signal in 5 min. (see screenshot)

Evaluator.:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Screenshot 289.jpg Size: 196 KB
  • #13,815
  • Jun 21, 2012 11:30am Jun 21, 2012 11:30am
Quoting Evaluator
Any timeframe you wish.
I mean if you use an average of 50 days, I imagine that the TF is 1H.
This is what I meant.
  • #13,816
  • Jun 21, 2012 11:42am Jun 21, 2012 11:42am
Quoting Evaluator
Any timeframe you wish.

But I look for signals in 60 min and make my entries in the 5 min timeframe.
Grazie

Ciao
  • #13,817
  • Jun 21, 2012 11:46am Jun 21, 2012 11:46am
Quoting Matrix8756
I mean if you use an average of 50 days, I imagine that the TF is 1H.
This is what I meant.

I added screenshot to better explain.

Evaluator.:nerd:
  • #13,818
  • Jun 21, 2012 12:55pm Jun 21, 2012 12:55pm
Quoting Evaluator
I added screenshot to better explain.

Evaluator.:nerd:
Thanks Evaluator.
But taking the signals generated by the TF 1H and then executed by the 5M TF, these are few, maybe one day. In this case the positions are held open more days?
And 'correct?

Hello and thank you.
  • #13,819
  • Jun 21, 2012 1:28pm Jun 21, 2012 1:28pm
Quoting Matrix8756
Thanks Evaluator.
But taking the signals generated by the TF 1H and then executed by the 5M TF, these are few, maybe one day. In this case the positions are held open more days?
And 'correct?

Hello and thank you.
Matrix8756,

Absolutely, in the 60 min chart one holds positions for days and sometime weeks..... It all depends on the strength of the signals and trend. The longest I have held a 60 min signal was 27 days and made 1200 pips.

That is the exception not the normal. I would say holding positions for days is not uncommon for trading the 60 min chart.

Evaluator.:nerd:
  • #13,820
  • Jun 21, 2012 1:29pm Jun 21, 2012 1:29pm
Quoting Evaluator
Matrix8756,

Absolutely, in the 60 min chart one holds positions for days and sometime weeks..... It all depends on the strength of the signals and trend. The longest I have held a 60 min signal was 27 days and made 1200 pips.

That is the exception not the normal. I would say holding positions for days is not uncommon for trading the 60 min chart.

Evaluator.:nerd:
1200?? money!!! lol but that's awesome!
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