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Symphonie Trader System

  • #16,181
  • Jan 10, 2013 11:59am Jan 10, 2013 11:59am
Quoting mazprofx
HI!

Evaluator,

This my first trade of my trading career by using Symphonie Matrix indicator 4.4h which is a part of my system and after lots and lots of testing, I have now started trading in a real account and my first trade of Eur/Usd in H1 buyed at 1.3111 and closed at 1.3200 a +90 pips profit.

I know that the Eur/Usd has a further move potential but I closed Because, I wanted to trade Eur/Jpy (H4) as I got a strong signal and it is trending...
mazprofx,

Many Congratulations! Good Job and well done!

My apologies but I do not trade EURJPY so I have no opinion.

Evaluator.:nerd:
  • #16,182
  • Jan 10, 2013 11:59am Jan 10, 2013 11:59am
Quoting mazprofx
HI!

Evaluator,

It seems that Matrix 4.5 version is ready and you are using it, it seems from your charts.

So, When will be Matrix 4.5 released in this thread.

Thanks You, Evaluator and LDHT!!!!!!!
mazprofx,

No it is not ready and it is only minor changes at the moment.

Evaluator.:nerd:
  • #16,183
  • Jan 10, 2013 12:02pm Jan 10, 2013 12:02pm
Quoting Yegor
Evaluator, thanks again!
+100 pips and still in trend

I think that i catch the main idea of the symphonie and found empty places in my understanding of this system, the are:
1)Symphonie IS NOT a top or bottom picker but seeks to identify trends at the early stage of its establishment.
2)When trend colour change then we should remove the pending order.

But one question is still in my head:

When should we exit from loosing trade?
I saw a signal, then i put pending order +5 pips higher than highest high of signal candle,...

Yegor,

You have it!!!! Now when to exit a lose trade. That is why all orders start with a 30 pip stoploss and you follow the Dynamic Stoploss rules in Post#1. However, if you know for a fact the markt is turn against you or you see trend row change colour....Get out! Limit your loss and move on to the next profit trade to keep your account balance growing. If you are uncomfortable with a trade then get out and do not stress yourself over a small loss and look to make it back with larger gains.

Evaluator.:nerd:
  • #16,184
  • Jan 10, 2013 12:19pm Jan 10, 2013 12:19pm
Quoting Evaluator
Yegor,

You have it!!!! Now when to exit a lose trade. That is why all orders start with a 30 pip stoploss and you follow the Dynamic Stoploss rules in Post#1. However, if you know for a fact the markt is turn against you or you see trend row change colour....Get out! Limit your loss and move on to the next profit trade to keep your account balance growing. If you are uncomfortable with a trade then get out and do not stress yourself over a small loss and look to make it back with larger gains.

Evaluator.:nerd:
Evaluator,

Thanks for this new rule (for me)!

I will continue to test symphonie on Demo account, then i will post here all my tradings and results at the end of January.
  • #16,185
  • Jan 10, 2013 12:42pm Jan 10, 2013 12:42pm
never a missed opportunity. if you missed the train, you can always catch the bus
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  • #16,186
  • Jan 10, 2013 1:59pm Jan 10, 2013 1:59pm
Guys,

Can someone please post 5m EU and GU current chart? I want to make sure that my settings are giving the same signal as yours.

Thanks
  • #16,187
  • Jan 10, 2013 2:06pm Jan 10, 2013 2:06pm
Quoting kashTrader
Guys,

Can someone please post 5m EU and GU current chart? I want to make sure that my settings are giving the same signal as yours.

Thanks
Here!
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  • #16,188
  • Jan 10, 2013 2:10pm Jan 10, 2013 2:10pm
Quoting Yegor
Here!
Could you please post your settings as well for the 5m
  • #16,189
  • Jan 10, 2013 2:15pm Jan 10, 2013 2:15pm
Quoting kashTrader
Could you please post your settings as well for the 5m
Settings:

Sentiment
14
26
15
Emotion
100
Trendline
50
Extreme
0.002
0.2
  • #16,190
  • Jan 10, 2013 2:30pm Jan 10, 2013 2:30pm
still long nzd/jpy, initially targeting 75.32, but my trail stop could get hit. we shall see soon
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  • #16,191
  • Jan 10, 2013 3:28pm Jan 10, 2013 3:28pm
Hey guyz,

Just wanted to say this is a really great system i was following it for few weeks now and it works great! First time poster but i just wanted to say that you did a really good job!


I have few questions tho... i read more then 30 pages but never recall to see the answers.

If you guys are late to the show and you have all colors lined up for like 20 minutes (on 5 min chart) do you get in the trade? or do you wait for next "new" entry?

in the v4.4 what is the AlertTimeFrame and TimeFrame parameter? should we set it for each time frame different? or just leave it at 15? what does it do?

thats for now!

thanks a lot!
  • #16,192
  • Jan 10, 2013 4:27pm Jan 10, 2013 4:27pm
Hi all! Thank you for your work!
  • #16,193
  • Jan 10, 2013 4:42pm Jan 10, 2013 4:42pm
if it's a bullish pair and i miss out on the majority of the move, i'll just set an entry 5pips above the high. if i am not sure about what it's going to do, i will find a new pair to trade. plus alot of other factors are involved, based on my indicators. i use ichimoku and the 200 day moving average, so i have to factor in the details there and also watch to see if any news is coming out, if it broke resistance, volume, trend, etc..
  • #16,194
  • Edited 6:53pm Jan 10, 2013 5:24pm | Edited 6:53pm
nzd/jpy trade closed, hit my stop loss at 75.099 for 64.7 pips
  • #16,195
  • Jan 10, 2013 6:47pm Jan 10, 2013 6:47pm
wow, looks like a nice place to setup for a huge reversal on the nzd/chf pair. still above the 200 day moving average. just waiting for the ichi cloud break, and symphonie buy signal, and +100 pips looks like a good target
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  • #16,196
  • Jan 10, 2013 6:59pm Jan 10, 2013 6:59pm
euro/usd still looking a bit bullish. if we have a break past our R1 around 1.3278, we should see something like 1.3370 area. look for setup's in the 1.3270-80 area to get long
  • #16,197
  • Edited 8:23pm Jan 10, 2013 8:10pm | Edited 8:23pm
Quoting mazprofx
HI!

Evaluator,

This my first trade of my trading career by using Symphonie Matrix indicator 4.4h which is a part of my system and after lots and lots of testing, I have now started trading in a real account and my first trade of Eur/Usd in H1 buyed at 1.3111 and closed at 1.3200 a +90 pips profit.

I know that the Eur/Usd has a further move potential but I closed Because, I wanted to trade Eur/Jpy (H4) as I got a strong signal and it is trending...
HI!

Evaluator,

Finally, closed Eur/Jpy at 118.61 opened at 116.08 a huge profit of +253 pips

My System with Symphonie Matrix 4.4h is working wonders for me first 2 trades of my career and around +343 pips of profit, this is a good start and I owe this success to Evaluator and team.


http://s8.postimage.org/aj8v1ue39/Eurjpy.png
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
  • #16,198
  • Jan 11, 2013 2:55am Jan 11, 2013 2:55am
Quoting mazprofx
HI!

Evaluator,

Finally, closed Eur/Jpy at 118.61 opened at 116.08 a huge profit of +253 pips

My System with Symphonie Matrix 4.4h is working wonders for me first 2 trades of my career and around +343 pips of profit, this is a good start and I owe this success to Evaluator and team.


http://s8.postimage.org/aj8v1ue39/Eurjpy.png


awesome !
  • #16,199
  • Jan 11, 2013 3:08am Jan 11, 2013 3:08am
Hi!

I have one question regarding distance for pending orders on different time frames. Is it the same for all TF?

As it was mentioned before, on 5M its 5 pips (or 50 for 5digits). How many it should be on 1H or 4H, for example?

Thank you again for sharing this!

BR
Zip
  • #16,200
  • Jan 11, 2013 3:09am Jan 11, 2013 3:09am
Quoting Zipman
Hi!

I have one question regarding distance for pending orders on different time frames. Is it the same for all TF?

As it was mentioned before, on 5M its 5 pips (or 50 for 5digits). How many it should be on 1H or 4H, for example?

Thank you again for sharing this!

BR
Zip

5 pips.. that's the rule
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