Symphonie Trader System

Thats it its going down

By my charts. 1.23150 is the level to close below before the neckline is broken. At that point I think the EURUSD will drop but not before then.

Evaluator.:nerd:

Yesterday it also looked like EU on H4 was making a Double top, but at neckline stalled and flattened out making the now possible H&S.

Very strong suport at 1.23150. It used to be resistance.

And the support its broken.Now lets see how low will it go..

I am looking for 1.22200 as the next major support level which is the bottom of the triangle.

Evaluator.:nerd:

USA CPI data comes in as expected 2.1% versus 2.2% expected....EURUSD Markt reaction.....yawn... maybe 10 pips???

Yes this is the one. This method we used when I traded stocks. I am opening navigator, looking what is the SAR price and placing SL.

You was right !!!! Good one !!!!!!

I've seen it, alright. Thank for the chart

Hi Evaluator, maybe you can clarify this for me, you said you use the Symphonie_Extreme_Indikator_v3.0

This indicator confuses me, Could you tell me how you decide when there's an extreme spike there?.

I've been reading the code, it has 4 buffers that are related to the spikes, but it does not make differences on the colors they use:
0, UpPos --->blue
1, DnPos --->red
2, UpNeg --->blue
3, DnNeg --->red

So I need to know how you decide in order to know if I should just ignore a couple of those buffers or not.

That indicator does not repaints right?

Thanks, I'll post the EA as soon as I beat the extreme cycle repaint issue.

Best regrards.

I think the fireworks are soon to begin in the EURUSD.

Greece Before the Abyss Only Bankruptcy Can Help Now
by Stefan Kaiser


http://www.spiegel.de/international/...-a-850250.html

It appears that the downturn in the EURUSD is soon to resume as price action stalls at the top (1.24440) of the larger downchannel. This also happens to be the 38 fib retracement of the larger last down thrust of price action from 1.27650 and price action has now break the mid term up channel at 1.22700. Symphonie 60 min signaled that the turn was complete at 1.24400 and gave warning of reversal.

With the breaking of the upchannel one can now turn attention to the larger downchannel and the potential bottom in the 1.20400 range comes back into focus as next target area. However, look for support at 1.22200 and 1.21500 to be strong areas of potential support for the EURUSD as these are areas that the EURUSD as turned from in the past.

For now the direction seems to be down but a sharp movement above 1.24400 brings back into focus 1.25700 and 1.27000 as potential counter levels if the price action decides to move up.

Trade well.

Evaluator :nerd:

AAAAAAAAAH!.....Talk about a slow and crappy price action trading day...

Markt open in Frankfurt at 1.22765 now 3 hours 30 minutes later the price action is at 1.22726 moved a total of 4 pips!

This is insane!!!!!!!!!!!

colorful chart. seems combination of different methods.

Ahh tell me about it, it's killing me.. especially since I'm new to the system. I'm beginning to wonder am I just useless at this... Even with a full system and following rules I still seem to be continuously losing.. I'll keep trying though

sterling had a small rally a couple hours ago.. i was in the trade at 1.5672 with a 10 pip trail. i hit 30 pips then it turned against me in a hurry, good thing i had my stop in place ! took a 24 pip profit on that 1 trade. the rally doesn't seem long lived, it's starting to retrace back down, waiting for symphonie to give me the go ahead and im goin short and strong


EDIT: i'm watching the 1h, RSI alerts to my phone. Sitting on the realjumper variant

bulls lost intrest at 1.5711. keep an eye on the sterling/dollar !

hit 50 pip stop loss - 230euros

And I thought last week was crap for eur/usd