Symphonie Trader System | Page 727 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Ci/symphonie extreme similarity explained! 144 replies

Symphonie/Cobra Hybrid System 4 replies

Symphonie trader or Genesis matrix 1 reply

Symphonie Trader System EA 73 replies

Yet another set of Symphonie Indicators 241 replies

Attachments: Symphonie Trader System
Exit Attachments

Symphonie Trader System

  • #14,521
  • Jul 12, 2012 8:12am Jul 12, 2012 8:12am
Eva waits for entries on 5min after a signal from H1.
RJ enters on 5min signal after finding out " what is going on in H1 and H4 charts"
I respect both traders and am learning from them both. Is there agreement or disagreement here? I suspect " agreement" .
  • #14,522
  • Jul 12, 2012 8:14am Jul 12, 2012 8:14am
Quoting Nipponho
Yeah, i wanted to read the whole thread from page one all the way till page 900+. I have stopped at page 126. I learned one thing from my demos : the matrix cannot be followed blindly, ie. 4 whites, buy, 4 reds, sell. The wicks of normal candlestick helps, and also the yellow horizontal lines too.

Correct...taking Symphonie signals blindly in 5 min is not the way to trade Symphonie properly. It is more complex than that.

I would recommend going through post#1 and review all the links and screenshots as they will teach you how to do proper Symphonie interpretation and help you with timeframes and trend and alot of other things...too many to mention here.

Start with post#1 (links from post#1 also) and work your way out from there.

You will even find a link directly to Realjumpers method that many people use and make good pips.

You will find that RealJumper is an exceptional trader and a pip monster. (along with others like Olivia, Yelena, LhDT, and many more who post here) At best I am only an average trader.....

Best of Luck.

Evaluator.:nerd:
  • #14,523
  • Jul 12, 2012 8:16am Jul 12, 2012 8:16am
Quoting Nipponho
Thanks. But i am in negative $20 today as of now. U know m5 requires a lot of attention plus the mental stress of having to make decisions. Today & yesterday are very difficult days for M5. I avoided a number of losses because i managed to grab only a few pips & run quick enough when i feel not quite right after entering. I behave like a mouse, each time i come out of mouse hole, i grab a bit of food & quickly go back to mouse hole to hide again. Otherwise i will end up like Brimex, keep hitting SL.
Today was a very easy day for M5......since Frankfurt open it has all been one way traffic!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,524
  • Jul 12, 2012 8:23am Jul 12, 2012 8:23am
Quoting realjumper
Today was a very easy day for M5......since Frankfurt open it has all been one way traffic!
It is my longs got killed today. I just took a long 20 minutes ago on 4 white lights, trying to catch a bottom, now the trade is half dead half alive. Let's see.
  • #14,525
  • Jul 12, 2012 8:27am Jul 12, 2012 8:27am
Quoting lhDT
Wow, what a mess !

I think Symphonie is still a good trigger, probably one of the best but everyone needs to add a bit of their own "salt & pepper". It can be Elliot waves, manual trendlines, S&R, PA patterns, fibs, fundamentals or whatever ...

Will you take a trade just 5 minutes before an extreme- high-risk news ? Probably not. That news was your "salt & pepper" ...

Everyone needs to adapt an existing strategy to his own style, that's all.

RJ got his stochs, Yelena his confluence thing, Eval Elliot and I use PA.
Just fit Symphonie...
Just what i wanted to say, symphonie is good trigger and you still need additional confirmation or filters!
pro4ex trading suite
  • #14,526
  • Jul 12, 2012 8:30am Jul 12, 2012 8:30am
Quoting Nipponho
It is my longs got killed today. I just took a long 20 minutes ago on 4 white lights, trying to catch a bottom, now the trade is half dead half alive. Let's see.

While I think we are probably near a bottom in EURUSD I would be worried about a long now because overall markt momentum (today) is very Bearisch on the markt. However, 1.21500 is my first target for a reversal point as the down thrust according to Support levels and Elliott and I will look for some bounce or reversal in EURUSD.

My experience is that once the markt commits to a direktion it usually take that direktion the entire day and reversal chances are for the next day sessions.

However, I think it will not be this week but next when the real conditions are right....But who know some dramatic Raindbow and Lollie program from Idiot EU Politicians may pop up or the USA Central Bank decides to print money and kill the rest of the US Dollar will happen.

Evaluator.:nerd:
  • #14,527
  • Jul 12, 2012 8:34am Jul 12, 2012 8:34am
Quoting Nipponho
It is my longs got killed today. I just took a long 20 minutes ago on 4 white lights, trying to catch a bottom, now the trade is half dead half alive. Let's see.
Until you get considerably more experience, you should not be entertaining trading against the trend. This month, the PA has been all downhill, so that's the way you should be trading.......just have a look at the M4 chart.....it's easy to see.

Also, trying to catch bottoms and tops is a fools game.....it has been responsible for many a margin call!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,528
  • Jul 12, 2012 8:36am Jul 12, 2012 8:36am
Quoting sidefx
Agreed, imo less is more, especially intraday. I prefer the simplicity of RealJumper's approach.

Edit: ...today's S2 beckoning perhaps and i'll be done for the day.
I set TP orders 3-5 pips shy of the target pivot, works well. A cracking RealJumper 5Min short a couple of hours into the London session. Even though only 10 pips above S1 and the round number (1.2200), i entered thinking this may just be a scalping opportunity, so i watched the momentum as it hit S1 and it was clear (to me) that the bears wanted more downside, so held on. Price ran into support c1.2180 but by that time i'd moved the stoploss to breakeven, my thinking then was that the session trend was strong so pullbacks are likely to be shallower and S2 @1.2165 wasn't far off so likely to act as a magnet. Holding on paid off for +41, a 3.7% gain.

Thanks again RJ, i've had a great week with your approach.
Attached Image (click to enlarge)
Click to Enlarge Name: EU1M120712.GIF Size: 24 KB
  • #14,529
  • Jul 12, 2012 8:39am Jul 12, 2012 8:39am
Quoting tehnobyte
Just what i wanted to say, symphonie is good trigger and you still need additional confirmation or filters!

The filter is you! If all one need was a filter then it would be an EA and everyone would be billionaires.

The reason Symphonie can not be an EA is because it requires a special filter....YOU...! You are the filter to properly see the patterns of markt actions, read the news, watch the rate decisions, and then know the signs and take advantage when to enter the markt on the signals that Symphonie provides when the conditions are right.

Does there need to be more work on Symphonie to improve?

Probably.......I am testing new indikators and methods and tweeks of the current system and addons all the time...I am always open to suggestions for improvement that is why this thread has 100s of indikators in attachments.

It never stops with me...that is why I am a nerd.

Evaluator.:nerd:
  • #14,530
  • Jul 12, 2012 8:41am Jul 12, 2012 8:41am
Quoting realjumper

Also, trying to catch bottoms and tops is a fools game.....it has been responsible for many a margin call!

GREAT POST!!! I 100% agree!

Listen to the man....he speaks the truth!!!

Evaluator.:nerd:
  • #14,531
  • Jul 12, 2012 8:44am Jul 12, 2012 8:44am
Quoting sidefx
I set TP orders 3-5 pips shy of the target pivot, works well. A cracking RealJumper 5Min short a couple of hours into the London session. Even though only 10 pips above S1 and the round number (1.2200), i entered thinking this may just be a scalping opportunity, so i watched the momentum as it hit S1 and it was clear (to me) that the bears wanted more downside, so held on. Price ran into support c1.2180 but by that time i'd moved the stoploss to breakeven, my thinking then was that the session trend was strong so pullbacks are likely to be shallower...
You're very welcome.....you certainly seem to be getting the hang of it
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,532
  • Jul 12, 2012 8:52am Jul 12, 2012 8:52am
Quoting Evaluator
GREAT POST!!! I 100% agree!

Listen to the man....he speaks the truth!!!

Evaluator.:nerd:
I know someone personally who got the dreaded margin call several years ago from trying to pick the bottom of the EU run.......was very painful to watch and that person took a long time to recover.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #14,533
  • Jul 12, 2012 8:54am Jul 12, 2012 8:54am
Quoting realjumper
I know someone personally who got the dreaded margin call several years ago from trying to pick the bottom of the EU run.......was very painful to watch and that person took a long time to recover.

in a word.....OUCH!
  • #14,534
  • Jul 12, 2012 8:59am Jul 12, 2012 8:59am
Here is an excellent reason that the EURUSD will fall further....

Spain is now following Greece in it plan of higher taxes and less services and business choking regulation..

You would think people would learn from bad examples......

But then again we are talking about politicians...

SALES TAX IN SPAIN JUMPS TO 21%...

http://www.cnbc.com/id/48144383
  • #14,535
  • Jul 12, 2012 9:01am Jul 12, 2012 9:01am
Quoting yelena
doing pretty good for a 2nd day!

i thought i can only get 100 pips daily by trading as much as i can per day. realized the more i trade, the more prone to losses and do my best to recuperate them to close then day in green.

got tired. so i reduced trading to 2-3 per day and stiil keep the target. i position in 4 correlated pairs when symph is signaling in the same direction at the same time.

today was 140 pips . 2 styles

M15: arrows pointing in the same direction at TP20 each. arrow is just my simplification of a matrix signal...

Yelena .............the markt maker KILLER....!


Congratulations! 140 pips today.

Party at your house.....

Evaluator.:nerd:
  • #14,536
  • Jul 12, 2012 9:10am Jul 12, 2012 9:10am
Yelena

I always thought ladies should be better at trading than men, they don't suffer from testosterone overload to show how smart they are, but instead follow the rules.

You are proof thereof, well done
Vandag is die dag.....
  • #14,537
  • Jul 12, 2012 9:38am Jul 12, 2012 9:38am
Quoting yelena
thx but ohammond racks 200 daily. 300+ is her regular.
See, even more proof, us men only think we are the stronger sex.
Vandag is die dag.....
  • #14,538
  • Jul 12, 2012 9:43am Jul 12, 2012 9:43am
Quoting Leokira
See, even more proof, us men only think we are the stronger sex.
ok, now that we have the proof, I've got an idea... I'm going to teach my wife how to trade forex and let her make money for me
  • #14,539
  • Edited 9:55am Jul 12, 2012 9:44am | Edited 9:55am
NEWSFLASH!!!!

Reuters:

IMF: It is clear that the Greek economy is going through a difficult period/// (doh ) Greece is expected to run out of funds next week.(really?? )


(insert jokes here)

P.S. no lie that is the message from my Twitter newsfeed (of course the comments I added)
  • #14,540
  • Jul 12, 2012 3:27pm Jul 12, 2012 3:27pm
Quoting Evaluator
I have never only traded London session...not enough volume or price action movement. I trade Europe open to middle day USA markt time even when I trade 3 days a week I always trade full Europe sessions.

Evaluator.:nerd:
I am not going to carry this argument on, its completely pointless because you're not really listening to what people are saying, but in this case, I didn't say you only traded the London session, I said you traded from London open (sorry I was wrong on that you start an hour earlier) until London close which is at 5pm London time (around halfway through US session) and my point was, you were making money without trading 24/5.
11 traders viewing now