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Symphonie Trader System

  • #15,541
  • Oct 15, 2012 10:53pm Oct 15, 2012 10:53pm
Hello Guys and Gals....
This is my first week of trading and like I said earlier I'll be posting all my trades..
Using matrix3.0( and the October settings suggested by Eval)
Exit Strategy :- If an extreme occurs before 30 pips I close immediately otherwise wait for the extreme and trend indicator to turn red if long and blue if short...
The only exception is that instead of using a 1/10 account ratio I'm using 1/25 for my trades...I'm a newbie so like being extra cautious ( So for every $2,500 in my account I use 0.10 lots)..

Allright so here are the first day results...

WEEK 1 DAY 1

TRADES PIPS SESSION
1 +38 ASIAN
2 -5 ASIAN
3 -10 ASIAN
4 -10 ASIAN
5 -14 ASIAN
6 +33 EUROPEAN

TOTAL = +32 PIPS

PS:- I'm trading only the EUR/USD pair on M5 and sometimes on M15..
  • #15,542
  • Oct 16, 2012 2:49am Oct 16, 2012 2:49am
Quoting taranjeet_87
Hello Guys and Gals....
This is my first week of trading and like I said earlier I'll be posting all my trades..
Using matrix3.0( and the October settings suggested by Eval)
Exit Strategy :- If an extreme occurs before 30 pips I close immediately otherwise wait for the extreme and trend indicator to turn red if long and blue if short...
The only exception is that instead of using a 1/10 account ratio I'm using 1/25 for my trades...I'm a newbie so like being extra cautious ( So for every $2,500 in my account I use 0.10 lots)..

Allright so here are...
good trading

whats the octber settings ?
  • #15,543
  • Oct 16, 2012 2:49am Oct 16, 2012 2:49am
Quoting Evaluator
If this is the start of the final push in EURUSD then a retracement to the 61.8 fib is expected over the next few days which will be followed by a rally to take the EURUSD to new highs above 1.30700.

Here is what I see and look to profit from. We have large reversal candlebar and that points to a finish of the rally from 1.28215 and points to a pullback before the next jump.

Evaluator.:nerd:
As per my post #15535, EURUSD is breaking the 1.30000 level. Next stop is first target of 1.30700. Should be a pause or consolidation at that level on its way to 1.34000. (see post #15526 )

Evaluator.:nerd:
  • #15,544
  • Oct 16, 2012 2:51am Oct 16, 2012 2:51am
Quoting 2thetop
Hi Evaluator,

Excellent prognosis so far 61.8 retracement hit ,thanks for your post, could I have your opinion on Exaggerated Divergence, can it be as described here on my charts , cheers

I have no opinion because I do not use MACD.

Evaluator.:nerd:
  • #15,545
  • Oct 16, 2012 2:53am Oct 16, 2012 2:53am
Quoting allisonmagic
you were right.. it hit the 68 fib, and now it's rallying . i caught the downtrend and pulled 42 pips


Eval i f*cking love you ! you've showed me awesome ways to look at symphonie

I am happy you are doing well. Congratulations.

Evaluator.:nerd:
  • #15,546
  • Oct 16, 2012 2:54am Oct 16, 2012 2:54am
Quoting lsolanki
Hi Evaluator,

thanks for the great and simple system,

can u tell if in future you are going to give mt5 version of this system......

can it be developed....???

regards

Lsolanki

I am sure it can be developed. However, I am no programmer and I have not use MT5 so I have no idea.

Evaluator.:nerd:
  • #15,547
  • Oct 16, 2012 2:55am Oct 16, 2012 2:55am
Quoting david_bell
what is the average drawdown of the system?

See post #1 for Trials and you can calculate drawdowns.

Evaluator.:nerd:
  • #15,548
  • Oct 16, 2012 3:34am Oct 16, 2012 3:34am
Here is interesting video from BBC.
The Great Euro Crash - 2012
Inserted Video
  • #15,549
  • Oct 16, 2012 7:17am Oct 16, 2012 7:17am
If the price aktion today move to the 1.30760 level or (r3 resistance) then look for a few day of sideways and quick drops as a corrective wave takes place on ths path to 1.34000.

It will all depend on how the price aktion moves to 1.30760 and beyond. If the price shoot through the 1.30760 then this will change the dynamics of this latest rally in EURUSD and could make this a bearisch move so be careful.

However, my instincts and the retracement exactly to the 61.8 fib of 1.28800 before the rally makes me to believe that the markt will move to the well defined technical levels.

As always Symphonie is the guide for these price direktional changes so be prepared to take your profits for those that buy at 1.28800. FOr me I look to take 1/2 of my profits at 1.30760 or the r3 resistance level and if the retracement is shallow to the 1.3000 level then I will look to buy again for the next big move up in the EURUSD.

Will I sell at 1.30700????....probably not because correctivce waves are often full of whipsaws and wild swings and I prefer to trade with the trends and not counter trends as they are generally more stable and less whipsaws and stress. Again, alot of that decision will be show as to what happens at the 1.30700 as I have stated.

This is what I see so, take my words with caution because I have been wrong before and I will be wrong in the future...but I try to be more right than wrong or I would not have survived in forex as long as I have.

Evaluator.:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Screenshot 395.jpg Size: 147 KB
  • #15,550
  • Oct 16, 2012 7:22am Oct 16, 2012 7:22am
Quoting sijeeva
good trading

whats the octber settings ?
hey Sijeeva..thanks..
here are the settings...

--------Symphonie Trader Systems Current Indikator Settings---------

Okt 2012 Settings for Symphonie System v3.0.

Extreme indikator
(default)

Emotion indikator
7
50.6
3000

Trendline indikator
30, 5

Sentiment indikator
12
  • #15,551
  • Oct 16, 2012 11:48am Oct 16, 2012 11:48am
Quoting taranjeet_87
hey Sijeeva..thanks..
here are the settings...

--------Symphonie Trader Systems Current Indikator Settings---------

Okt 2012 Settings for Symphonie System v3.0.

Extreme indikator
(default)

Emotion indikator
7
50.6
3000

Trendline indikator
30, 5

Sentiment indikator
12
i thought new settings released in october by evalutor
  • #15,552
  • Oct 16, 2012 8:01pm Oct 16, 2012 8:01pm
Quoting sijeeva
i thought new settings released in october by evalutor
well everything is the same except the trendline values....

I just saw the power of this system, was doing some calculations and had an aahaaa moment..Following the exact rules and money management given by evaluator I can make 40% return every month with minimal stress...HOLY SHIT..( Thats incredible...The maximum I've made to date is not even 10%)
Here's what I'm gonna do..I'm going to trade the 1H timeframe from now on and look to make only 100 pips a week...very very doable and then just sit back and relax))....
I'm gonna trade with 1 standard lot and double it every quarter....
So for $10,000 account here's the number of lots:-

Quarter 1 - 1 standard lot
Quarter 2 - 2 standard lots
Quarter 3 - 3 standard lots
Quarter 4 - 4 standard lots

Now comes the compounding power if you don't withdraw a cent:-

Potential Earnings ( Assuming you make 400 pips a month )

Quarter 1 - (400 pips * $10 * 3 months) = $ 12,000
Quarter 2 - (400 pips * $20 * 3 months) = $ 24,000
Quarter 3 - (400 pips * $30 * 3 months) = $ 36,000
Quarter 4 - (400 pips * $40 * 3 months) = $ 48,000

So at the end of the year you'd have a massive $ 130,000 sitting and laying big golden eggs in your account...This is going to be my target using this system....I'm going to test it for a month and then go live....
LOVE YOU EVALUATOR....)

PS :- Guys please I would love to hear your comments to make sure I'm on the right path...All the critics are welcome...It will only improve my trading...
Thanks again....Would love your feedback Eval...
  • #15,553
  • Oct 16, 2012 8:09pm Oct 16, 2012 8:09pm
Trades Pips Session
1 -5 Asian
2 +1 Asian
3 +10 Asian
4 -7 European
5 -6 European
6 +12 European

TOTAL = +5 PIPS

PS:- All trades taken on M5 trading only EUR/USD..European session traded only for an hour so missed the big 50+ move yesterday
  • #15,554
  • Oct 16, 2012 9:19pm Oct 16, 2012 9:19pm
Quoting taranjeet_87
Hello Guys and Gals....
This is my first week of trading and like I said earlier I'll be posting all my trades..
Using matrix3.0( and the October settings suggested by Eval)
Exit Strategy :- If an extreme occurs before 30 pips I close immediately otherwise wait for the extreme and trend indicator to turn red if long and blue if short...
The only exception is that instead of using a 1/10 account ratio I'm using 1/25 for my trades...I'm a newbie so like being extra cautious ( So for every $2,500 in my account I use 0.10 lots)..

Allright so here are...

can you show your charts ?
  • #15,555
  • Oct 16, 2012 10:19pm Oct 16, 2012 10:19pm
Quoting Evaluator
I am happy you are doing well. Congratulations.

Evaluator.:nerd:
i learned that after symphonie gives it's first signal that i should wait until the end of the next candle to enter my trade. if symphonie gives the same signal on the second bar and the candle is bearish, then i go for it. works like a charm. im having alot better trades now.
Attached Image (click to enlarge)
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  • #15,556
  • Oct 16, 2012 10:52pm Oct 16, 2012 10:52pm
Quoting allisonmagic
can you show your charts ?
Hi Allison...here's the chart..Though I did not take this deal but you can see the clear buy signal....and then I would have exited the trade where I have placed the green line ( trend and extreme both turn red )..actually all were red at that point indicating a sell but I usually wait for the extreme and trend only...
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.gif Size: 26 KB
  • #15,557
  • Oct 16, 2012 11:04pm Oct 16, 2012 11:04pm
Quoting taranjeet_87
Hi Allison...here's the chart..Though I did not take this deal but you can see the clear buy signal....and then I would have exited the trade where I have placed the green line ( trend and extreme both turn red )..actually all were red at that point indicating a sell but I usually wait for the extreme and trend only...

yes, i dont watch the 5 personally.. but on the 5 i would wait for a second or third symphonie buy signal and then enter the trade. i usually watch the 1h charts. i would enter on the second confirmation of the signal on the 1. but yes you have a good idea of what's goin on. very cool, good luck to you
  • #15,558
  • Oct 17, 2012 1:58am Oct 17, 2012 1:58am
Quoting taranjeet_87
Hi Allison...here's the chart..Though I did not take this deal but you can see the clear buy signal....and then I would have exited the trade where I have placed the green line ( trend and extreme both turn red )..actually all were red at that point indicating a sell but I usually wait for the extreme and trend only...

Hi, I have a template and indicators that are related to the system
  • #15,559
  • Oct 17, 2012 3:12am Oct 17, 2012 3:12am
Quoting allisonmagic
yes, i dont watch the 5 personally.. but on the 5 i would wait for a second or third symphonie buy signal and then enter the trade. i usually watch the 1h charts. i would enter on the second confirmation of the signal on the 1. but yes you have a good idea of what's goin on. very cool, good luck to you
Thanks Allison...I've started trading the 1H charts too from today..there's much less stress..no more screen staring all the time Perhaps we can both post our trades here to compare the results and get a better view of things..
I'm trading only the Eur/Usd for now...are you trying out any other pairs??
Looking at different pairs I think Usd/Cad, Aud/Usd and Eur/Aud are really nice since they trend for good lengths at a time...
  • #15,560
  • Oct 17, 2012 3:44am Oct 17, 2012 3:44am
Quoting bab-esfanji
Hi, I have a template and indicators that are related to the system
Hello Bab..I don't understand what you mean..Could you please clarify...Thanks
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