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Symphonie Trader System

  • #14,381
  • Edited 5:25am Jul 10, 2012 4:32am | Edited 5:25am
Quoting Evaluator
For now...I am ready to sell this rally.
yep, i'll be exiting the current 5min long at 2380ish should the bulls persist. I see strong supply there.

Edit: stop to +3.
  • #14,382
  • Jul 10, 2012 4:33am Jul 10, 2012 4:33am
OMG SL hit.... I don't know... I had maybe 10 SL in a row... And how's that possible, that other earn with this system
  • #14,383
  • Jul 10, 2012 4:52am Jul 10, 2012 4:52am
Quoting brimex
OMG SL hit.... I don't know... I had maybe 10 SL in a row... And how's that possible, that other earn with this system
Show us some charts and we will probably be able to help.
  • #14,384
  • Jul 10, 2012 5:04am Jul 10, 2012 5:04am
Quoting brimex
OMG SL hit.... I don't know... I had maybe 10 SL in a row... And how's that possible, that other earn with this system
I agree with Ohammond.....we don't have a crystal ball......show us charts with your entries and we may be able to help.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,385
  • Edited 6:01am Jul 10, 2012 5:51am | Edited 6:01am
Quoting sidefx
yep, i'll be exiting the current 5min long at 2380ish should the bulls persist. I see strong supply there.

Edit: stop to +3.
Took +20. Looks like a H&S forming on the 5min now below R1. Not comfortable enough to hold. Will be happy to take another long setup off the RN.
  • #14,386
  • Jul 10, 2012 7:07am Jul 10, 2012 7:07am
Quoting realjumper
I agree with Ohammond.....we don't have a crystal ball......show us charts with your entries and we may be able to help.
I will keep you guys posted with my "live trades" since tommorow. I am done for today. Too much have I lost recently, don't want to make my losses even bigger.
  • #14,387
  • Jul 10, 2012 7:59am Jul 10, 2012 7:59am
Here is the important use of post#1 and my use of a 50 pip stoploss. Initial order was made and then stupid politicians talking about EU Sumit spike the markt from the ''Rainbows and Lollies'' speeches.....Once the markt sugar rush goes away the markt returns to fundementals and initial drivers giving me a ''Double Down'' moment (see post #709) and I add to my sell position at a higher level than inital sell order...

woohoo!! Price action falls off a cliff as the Sugar wears off...Now I have 3 orders in good position and all are protected at +3 pip positive.

I am now look at 60 min chart for signals to exit...


Symphonie 60-5.......!

Evaluator.:nerd:

P.S. For all you saying you do not understand and I loose all the time then you can find all this information and many more in post#1.
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  • #14,388
  • Jul 10, 2012 8:09am Jul 10, 2012 8:09am
What's your target Eval on E/U?
  • #14,389
  • Jul 10, 2012 8:18am Jul 10, 2012 8:18am
Quoting brimex
What's your target Eval on E/U?

See post #14325
  • #14,390
  • Jul 10, 2012 8:21am Jul 10, 2012 8:21am
Hi Brimex,

Sorry to hear that. I suggest u play in demo first (like me).

Just want to share, I started playing with symphonie yesterday on my demo using RJ M5 method on EJ & EU.

Yesterday was a very difficult day. Each time i enter based on 4 white or red lights plus stochastics plus arrow, it moves at most 10 pips before it U turn and goes into negative. Very frustrating.

Since it was a demo, i decided not to stick to RJ or Evaluator's exit rules. Instead of exiting when SL of 50 pips is hit or when price reaches S1 or R1, i decided to be flexible, and exit when i think the move is exhausted, or if it goes into red, i quickly exit when it next retraces back to my break even. This means that my pips are less than 20 per trade. Very much like sculpting. But RR is bad. One bad trade of 50 pips SL will wipe out a few good trades. I was expecting that to happen but it did not. In the end, for 5 trades, i got a net profit of $36 based on 0.1 lots each pair, ie. on a capital of $2000. 1 of the 5 trades was a bad trade with $6 loss.

I noticed, like what yelena says, the signals nearer to horizontal yellow lines are more reliable. I will continue to play with symphonie. Today looks a bit easier than yesterday.

If RJ sees this post, i guess he will give me a mega scolding for not sticking to exit rules & will send me to school of pipsology. But i followed the entry rules strictly. Since it is a demo, my fingers feel very itchy each time i see 4 red or white lights, can't be helped. Nevertheless, thanks to RJ for his pdf write up & illustrations.
  • #14,391
  • Jul 10, 2012 8:24am Jul 10, 2012 8:24am
Todays EU trades........I currently have a long running as well
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,392
  • Jul 10, 2012 8:27am Jul 10, 2012 8:27am
Some trades. I get small profit on breakouts and try to catch big move!
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  • #14,393
  • Jul 10, 2012 8:33am Jul 10, 2012 8:33am
Quoting Evaluator
Here is the important use of post#1 and my use of a 50 pip stoploss. Initial order was made and then stupid politicians talking about EU Sumit spike the markt from the ''Rainbows and Lollies'' speeches.....Once the markt sugar rush goes away the markt returns to fundementals and initial drivers giving me a ''Double Down'' moment (see post [font=Verdana]#709) and I add to my sell position at a higher level than inital sell order...

woohoo!! Price action...

after your first sell entry, we can see a 60-5 buy signal on H1 (so it's time to look for a buy entry) but instead of that, you add a sell entry against the trend.
  • #14,394
  • Jul 10, 2012 8:36am Jul 10, 2012 8:36am
Quoting brimex
I will keep you guys posted with my "live trades" since tommorow. I am done for today. Too much have I lost recently, don't want to make my losses even bigger.

Please tell me you are NOT using real money....Since you have never traded Symphonie System before ...it is completley STUIPID for you to trade real money.

Symphonie is a learned process and you need to train on Symphonie for at least a month using ''ONLY'' demo dollars from a trail account. Once you have a PROVEN track record of winning more than loosing on demo dollars then that is the only trime you should try VERY few real dollars.

So, if you are trading real money on Symphonie STOP because I do not want to hear the whining....After this post it is your own fault if you loose any more real money...!

Evalautor.:nerd:
  • #14,395
  • Jul 10, 2012 8:38am Jul 10, 2012 8:38am
Quoting realjumper
Todays EU trades........I currently have a long running as well
So did I take the trade, but I am wondering about TP... Did you set your TP near pivot or R1? Or how did you set your TP?
  • #14,396
  • Jul 10, 2012 8:44am Jul 10, 2012 8:44am
Quoting brimex
So did I take the trade, but I am wondering about TP... Did you set your TP near pivot or R1? Or how did you set your TP?
The exit on the long trade was because the PA reversed. The exit on the short trade was because the PA met the yearly low from yesterdays PA, which is strong support for the time being

Edit: The current long was a bit of a cheeky counter trend trade that I thought might hit the Daily Pivot, but it hasn't. Exit is at BE
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,397
  • Jul 10, 2012 8:46am Jul 10, 2012 8:46am
Quoting kazekase
after your first sell entry, we can see a 60-5 buy signal on H1 (so it's time to look for a buy entry) but instead of that, you add a sell entry against the trend.

Why, because this ties directly back into my post #14325

Failure on the 60 min chart to break and hold above 1.23200 tells me reversal and to sell. So on first big red reveral bar on 60 min EURUSD I move to 5 min and look for Symphonie sell signal taking all I can see as they show.

That is why I sell....

Evaluator.:nerd:
  • #14,398
  • Jul 10, 2012 8:50am Jul 10, 2012 8:50am
Quoting Evaluator
Why, because this ties directly back into my post #14325

Failure on the 60 min chart to break and hold above 1.23200 tells me reversal and to sell. So on first big red reveral bar on 60 min EURUSD I move to 5 min and look for Symphonie sell signal taking all I can see as they show.

That is why I sell....

Evaluator.:nerd:
thanks
  • #14,399
  • Jul 10, 2012 9:03am Jul 10, 2012 9:03am
Yes, I played on real account, but it's balance is really low (what I meant I didn't transfer much money to this account).

Took the S as it bounced off .50 fibo and on H1 hammer appeared, target 1.2230
  • #14,400
  • Jul 10, 2012 9:07am Jul 10, 2012 9:07am
Quoting brimex
Yes, I played on real account, but it's balance is really low (what I meant I didn't transfer much money to this account).

Took the S, target 1.2230

I highly reccomend you NOT do that! If you choose to trade real money on a System you are just learning then I do not want to hear you whine about how you lost ''real'' money and you can not trade anymore because you lost it. (i.e. your post #14389 )

That is your own fault (not Symphonie Systems) because you are new and do not understand the system how it works nor the many different situations that you will have in the real markt as I have tried to document in post#1.

Again, Symphonie is a learned process that requires alot of upfront work and practice.....

Trading Symphonie ''cold'' untested and untried with the add stress of real money is the WRONG way to learn Symphonie.

Evaluator.:nerd:
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