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Symphonie Trader System

  • #14,141
  • Jul 1, 2012 12:39pm Jul 1, 2012 12:39pm
glad to see a few people here sharing my opinion, however it was not meant to ruffle any feathers, don't know why some of the seniors traders here are taking it so ..., note we are very happy with your help and we thank you,
  • #14,142
  • Jul 1, 2012 4:16pm Jul 1, 2012 4:16pm
Quoting brimex
RJ, can you tell me which version of symphonie matrix do you use? I saw a template from Jun 26 where I can see that you're using 1,6 version.

What's the reason you are using an old version? Does your system work better with it?

Thank you very much.
My Matrix is indeed version 1.6 BUT with TVi powering the top row instead of Extreme Spike as per post #1. It is the same as most people here.....the version number might differ and the name of the top row might differ, but it is the same beast
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,143
  • Jul 1, 2012 4:34pm Jul 1, 2012 4:34pm
Quoting Bushman
People who are new to this (or any) system will look at the rules, apply them blindly and lose. Having a delayed rather than a live account to consult would act as a guide to show such things as:
- roughly how many trades might be expected per day or per week
- which types of trades are ignored
- what drawdown can be expected
- how losses are taken
- profitability of the system
And all of the above amounts to spoon feeding babies!!!!!! If people *need* this, then they are in the wrong place.....babypips.com is the place for them. The next step after that is a demo account. There is no better way to learn than by discovering things that work (or not) for *you*.

You will see that Eval, Yelena, Technobyte and I all trade very differently......but we use the same system! What does that tell you? It tells me that there are many ways in which to trade the system and the only way to get good at it is to learn the basic rules of the system and then tweak them to suit your own style. Those that are brand new to trading don't have a style......they have no idea what they are doing and they have no business even being here. This is NOT a 'how to trade and make money for dummies' system! It assumes that the user already has an understanding of the market and some trading skills.


Quoting Bushman
Using myFXbook for example you can mask the account balance or even the open trades so it will not be used as a tipping service. You can also set it to update only once per day.
So then, what is the difference between seeing my account updated once a day and seeing my entries on charts that I supply with explanations, within the hour of the trade being executed??? I know which one I think is the most beneficial to someone watching!


Quoting Bushman
The idea is you would end up with a view similar to that provided by technobyte in his very useful daily summaries.
No, you wouldn't. You would end up with day old numbers with no charts and no commentary.

Quoting Bushman
Even for more experienced users it could be used to compare your results and maybe improve your technique.
Experienced users all have their own style. I am not interested in seeing other peoples styles to compare to my own. If someone is doing better than me, great, I'm happy for them, but it doesn't mean I want to copy their style, because in all likelihood their style wouldn't suit me and I would make a complete cock up trying to copy them. Eval uses Elliot waves (for example), I think Elliot waves are crazy and I never use them.....if he makes twice the amount of pips that I do, I still won't use Elliot waves because it's not my style.

Quoting Bushman
I realise that having a monkey on your shoulder watching everything you do is very off-putting and no one will make any money from it. However, anyone who has ever considered buying (or selling) an EA will understand that the results are what it is all about.
That's the whole point......no one is buying or selling anything here.....a LOT of effort if being *given* to the many by the few. Walk the last couple of yards on your own!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,144
  • Jul 1, 2012 4:41pm Jul 1, 2012 4:41pm
Quoting dudele2
glad to see a few people here sharing my opinion, however it was not meant to ruffle any feathers, don't know why some of the seniors traders here are taking it so ..., note we are very happy with your help and we thank you,
The reason feathers get ruffled is because you are not listening.......I have explained here the reasons why 'live' trades are not posted all the time. I cannot and I WILL NOT be badgered or hassled into giving more to you people.

I will stop posting altogether first because I get NOTHING from posting every day to you people, other than the pleasure of helping people.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,145
  • Jul 1, 2012 5:22pm Jul 1, 2012 5:22pm
Quoting Bushman
I realise that having a monkey on your shoulder watching everything you do is very off-putting and no one will make any money from it. However, anyone who has ever considered buying (or selling) an EA will understand that the results are what it is all about.
Yes, results are what it is all about....YOUR results, not any else's. It can't and won't help anyone to know what someone else is doing on a daily basis. RJ has been over and over his trades with charts and explanations, even a PDF lol, he says what trades he takes and why he leaves certain trades and doesn't deviate from it, what more could you possibly want? The only way to learn anything is to do it yourself with pointers from people that are making successful trades.

Technobyte puts up "useful" summaries of the day but I defy anyone to post on here they got the same pips he put up there, because until you trade it live you won't see that the fractals move (I used to trade with fractals) and what you see now is not what you would have seen at the time. So putting a summary up of what could have been got if you had been sitting there all day staring at the computer without a bathroom break is not the real world and some will find it useful and some will find it downright frustrating they didn't get the same.

This is a free forum, with free information, freely given, nobody has any right to ask anything more of anyone on here "because new people would find it useful". If this was the commercial section then you would have every right, but its not! Trade the system and find out for yourself if it fits your personality and if it doesn't, move on, if it does, then tweak it to your liking because we have all done that.
  • #14,146
  • Edited 7:16pm Jul 1, 2012 6:57pm | Edited 7:16pm
Quoting ohammond
Yes, results are what it is all about....YOUR results, not any else's. It can't and won't help anyone to know what someone else is doing on a daily basis. RJ has been over and over his trades with charts and explanations, even a PDF lol, he says what trades he takes and why he leaves certain trades and doesn't deviate from it, what more could you possibly want? The only way to learn anything is to do it yourself with pointers from people that are making successful trades.

Technobyte puts up "useful" summaries of the day but I defy anyone to...
I can say that i did not catch all posted entry's (While I am human too with real life obligation, for the bathroom and eating you have plenty of time when price is in gray zone ) but most of them more then 80%. I can also say that my result in 50%are even better then posted while i.e. price sometimes retrace back behind s/r line and then I enter , or sometimes my exit are better then posted while on my post I always exit on tvi exit signal but in fact i have several other exit strategy. In my style of trading there is many trading per day and i can not explain every single trade in details i have just posted trades with already described entry and exit rules. And last, what I see now on my chart is what i have seen then nothing repaints including matrix (the bottom one)
pro4ex trading suite
  • #14,147
  • Jul 1, 2012 9:21pm Jul 1, 2012 9:21pm
Quoting Bushman
If you are only worried about the time it takes posting on the forum you could let others view your account using the investor password function in MT4, the account viewer in FF or myFXbook.
Using myFXbook for example you can mask the account balance or even the open trades so it will not be used as a tipping service. You can also set it to update only once per day... [/quote]

so what makes this any different from posting the charts with explanations once a day?

*sigh*

anyway, more green pips to you. just remember to never execute trades without a trading plan. you should know where you will get out before you even get in.
  • #14,148
  • Jul 1, 2012 10:26pm Jul 1, 2012 10:26pm
Quoting yelena
Using myFXbook for example you can mask the account balance or even the open trades so it will not be used as a tipping service. You can also set it to update only once per day...
so what makes this any different from posting the charts with explanations once a day?

*sigh*

anyway, more green pips to you. just remember to never execute trades without a trading plan. you should know where you will get out before you even get in.[/quote]

Hi Yelena

You mentioned in an earlier post that the objection to posting trades was the time taken. If this is the only objection then using myFXbook would solve the problem as it takes no time or effort.

Unfortunately, you then have the added pressure of being spied on which would be distracting for a variety of reasons for most people.
  • #14,149
  • Jul 1, 2012 11:04pm Jul 1, 2012 11:04pm
Hi RJ

Simmer down. You asked the question "how does this help", I answered it.

I would think that most people (the "babies" you refer to) visit forums like this because they are not accomplished traders. They could be made aware of the pitfalls of the system. It would help them to learn.

The original poster (dudele2 - happy Canada Day for yesterday) asked why so few losing trades are posted. I agree with him/her that it would be good to know what to expect from a system. Of course no one can force anyone to post anything and I don't think dudele2 was asking for this. If nothing else it might be embarrassing for the poster for any number of reasons and it does add pressure.

The last person who tried it received a lot of negative feedback and no longer posts here.
  • #14,150
  • Jul 1, 2012 11:14pm Jul 1, 2012 11:14pm
Thanks Bushman,it was a beautiful day in Canada, lots of celebrations, fireworks etc
  • #14,151
  • Jul 1, 2012 11:20pm Jul 1, 2012 11:20pm
Quoting dudele2
Thanks Bushman,it was a beautiful day in Canada, lots of celebrations, fireworks etc
It sounds like a great country. I hope I get to see it someday.
  • #14,152
  • Edited 12:33am Jul 2, 2012 12:05am | Edited 12:33am
Ok, I've got a little problem... On the matrix I have only 3 bars (trendline bar) is missing. I tested two of your templates with the same result. Should I download something else to get it work ? I have symphonie trendline indicator, so it's not the lack of it.

And another problem... The emotion indicator never turns red (even in the past) it is always bullish. It doesn't change at all ;(
  • #14,153
  • Jul 2, 2012 12:38am Jul 2, 2012 12:38am
Hi there,

This might be changing the direction of the conversation a little but I have a question and this seems to be the best place to ask it. I am looking for a platform, that rather than interpreting tech data for me, will rather be able to make buys or sells on my behalf when certain predetermined criteria are met. ie setup a hedge position with a trailing stop loss when the market moves past a certain position. Its my first post so apologies if this question has been covered in the past - perhaps one of you can point me in the right direction?

Cheers,
Rob
  • #14,154
  • Jul 2, 2012 12:54am Jul 2, 2012 12:54am
Quoting Bushman
Hi RJ

Simmer down. You asked the question "how does this help", I answered it.
No you didn't, because the answer is 'it does not help'.....as I pointed out. Looking at someones account shows you.....read slowly....NOTHING. How do you know that the trades you are seeing in the history of the account were even taken using Symphonie????? Quite clearly you do not. Even if you *assume* that they were all taken with Symphonie, what does looking at a row of numbers teach you?.....read slowly....NOTHING. Charts that I and others post teach you all you need to know.[/quote]



Quoting Bushman
I would think that most people (the "babies" you refer to) visit forums like this because they are not accomplished traders. They could be made aware of the pitfalls of the system. It would help them to learn.
And looking at someones account will achieve this how exactly???? As I said, newbies can go to the newbies forum.....it's clearly marked.....or they can (and should) go to babypips.com


Quoting Bushman
The original poster (dudele2 - happy Canada Day for yesterday) asked why so few losing trades are posted. I agree with him/her that it would be good to know what to expect from a system.
Someone who is pretty good at trading this system has few losses....and most of those losses are due solely to 'shit happens'.....ie it is not the fault of the System or the trader, it is just the nature of the market. Those babies are the ones who should post their losing trades so that everyone can see the stupid mistakes they make!!


Quoting Bushman
Of course no one can force anyone to post anything and I don't think dudele2 was asking for this. If nothing else it might be embarrassing for the poster for any number of reasons and it does add pressure.
I have nothing to be embarrassed about, and I think my trading on this forum speaks for itself. AGAIN, as I have said.......a few days back I made a live post and I will do so again when I feel like it.


Quoting Bushman
The last person who tried it received a lot of negative feedback and no longer posts here.
Yeah.....and pretty soon now I will no longer post here either because I am getting pretty sick and tired of the lazy bludgers here who just want to take, take, take and give NOTHING back to the forum........

I have given EVERYTHING, EVERY STEP OF THE WAY on this forum......and now people still want more......now they want live trades posted as well as losing trades posted and failing that they want to see my account.

I have a better idea......Give me your accounts and I'll trade them for you.....god knows I'm doing everything else for you......for a 60% fee.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,155
  • Jul 2, 2012 1:17am Jul 2, 2012 1:17am
Hi Rj,

please keep your cool if you can, every now and then the Criminals send a couple of Trolls to a successful thread to disrupt the main posters and generally Piss them off.

Please keep up the good work,

Cheers Eamonn.
  • #14,156
  • Jul 2, 2012 1:45am Jul 2, 2012 1:45am
hi rj,

your work is appreciated, they ignore the negative, wish you much continued success in trading



I have a better idea......Give me your accounts and I'll trade them for you.....god knows I'm doing everything else for you......for a 60% fee.[/quote]
  • #14,157
  • Jul 2, 2012 2:10am Jul 2, 2012 2:10am
Quoting robert.picto
Hi there,

Cheers,
Rob

This is not an automated trading topic, Rob did you look around on FF yet?
  • #14,158
  • Jul 2, 2012 2:10am Jul 2, 2012 2:10am
Eval,RJ and other veteran Symphonie traders,
I have been an avid reader and follower of this system since I found this thread in April(wish I had found it much earlier) and have taken the time to read from post #1. Just want to add that all the training and informative posts are much appreciated here and hope they will continue as I feel this is the best source and system available to anyone wanting to learn to trade Forex. After having tried a "paid" course in the last couple of years and stumbling through different threads I'm glad to have discovered this one and will be stickng to this system in my trading from now on. Thank you all for a very excellent and profitable system. mikeld
  • #14,159
  • Jul 2, 2012 2:36am Jul 2, 2012 2:36am
Hi RJ

Calm down. You have made a great contribution to this thread.

My posts are in answer to a previous conversation and are not directed at you. Anyone could post their losing trades using any method they like. You learn a lot from the analysis of failed trades, as I mentioned before, such as how to handle them or avoid them in future.

Everyone who keeps their drawdown low must have losing trades. If not, with compounding you'd own the world in a year. Even so, I'd rather avoid them if possible.
  • #14,160
  • Edited 2:54am Jul 2, 2012 2:41am | Edited 2:54am
Having read through this thread (all of it) slowly and in times to suit the rest of my life committments I have found numerous trades, techniques and forward analysis posted.

What is really useful in having these time dated events is the ability to then flip to the charts and scroll back and forth (F12 single step if required) and see for real what happened at that time going forward. Doing this with all the information as played out is just like a live trade and enables a full learning experience of the techniques (if thats what you really want).

This has done so much for me to see what real experience and understanding can see within the market as it happens. I am not kidding but at times it looks like there is a magical crystal ball (which we all know is not real, is it? ) because the consistency and prediction is there and is real and turns out real results. I am so convinced by seeing this and I am more motivated and aspiring to learn the building blocks needed for that level of expertise.

I know my time is precious and I watch and choose how I spend it, therefore I am more than appreciative of the time given up by the posters here and that should not be abused as we all learn.

To be frank I do not want any spoon fed live trades as in truth the amount of flipping back and forth at that moment of the trade would detract from the learning experience. Being honest this would then lead to doing some post trade analysis which brings me back to the point that this great thread (which we should protect and not fracture) is littered with some great examples over a long time and many market conditions.

Lastly for me I can see no point to look at someone else's account (trading or cash), if I sought that level of confirmation to believe what is being said that would mean I had little confidence of the strategy and I would simply move on and not waste my time further.

Just my 2c
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