So far for me two trades today and both hit my sl 
- #16,863
- Feb 12, 2013 4:03am Feb 12, 2013 4:03am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
So far for me two trades today and both hit my sl
Yes. I know the feeling. My second order never execute.....but it is for the best because it seem price aktion reverse.
Evaluator.:nerd:
- #16,864
- Feb 12, 2013 4:58am Feb 12, 2013 4:58am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
I love when markts finally trend.....! 
Evaluator.:nerd:
P.S. The lower buys are Symphonie in 1M.....!
Evaluator.:nerd:
P.S. The lower buys are Symphonie in 1M.....!
- #16,873
- Feb 13, 2013 2:44am Feb 13, 2013 2:44am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Evaluator are you in any trades today?
Here is my trades this morning. Taking them as they show.
Evaluator.:nerd:
- #16,875
- Feb 13, 2013 4:07am Feb 13, 2013 4:07am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Evaluator, thx seems i may have got the same signal as you on one of the trades so hopefully I'm understanding the system but I moved my sl to BE at +10 as per the rules so might get stopped out but that's ok money missed is better than money lost.
Can you please comment if the entry is correct? thx
fugly,
I have order in same place as you. You are on it!
Evaluator.:nerd:
- #16,876
- Feb 13, 2013 4:24am Feb 13, 2013 4:24am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Here is why Symphonie is so powerful a tool to have in one's trader toolbox. The circle represent the order signal levels and the square represent where one would place pending. As any row change colour you delete pending and wait next signal. So when order is finally filled notice what happen to price aktion....BOOM!
Symphonie is not telling one the counter trade it seek to stay with the overall trending action. So, using the default settings in 5M you will have many pending orders cancel before the price aktion finally break and using Symphonie; one have pending orders there to catch the movement.
Evaluator:nerd:
Symphonie is not telling one the counter trade it seek to stay with the overall trending action. So, using the default settings in 5M you will have many pending orders cancel before the price aktion finally break and using Symphonie; one have pending orders there to catch the movement.
Evaluator:nerd:
- #16,877
- Feb 13, 2013 4:50am Feb 13, 2013 4:50am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
OK. I know your next question.
Why does your matrix different than default??
Simple....there are multiple different settings from the optimization chart to choose from that decrease and increase the sensitivity of the Symphonie Matrix. In this case, using the default would result in a better entry point than my settings because I am look more to the swings of a price movement and try to more closely choose the actual turn points. The default settings (5M) are just that...the best overall optimized settings to keep one in the trend in 5M charts.
Therefore, because I use one of the other optimized settings that are more sensitive my charts will reflect more direktion changes which can open me up to more whipsaw trouble.
Why open yourself up to more whipsaw false signal???
Answer, I am more open to risks and therefore my risk tolerences are higher and I am ok to gamble alittle more than the defaults. In this example look at the last two entries. I get two signals to enter a strong uptrend versus only 1 with default settings. Twice the orders; twice the risk; twice the REWARD! So it comes down to the amount of risk tolerence one has to gamble.
I hope that answers your question...before you ask them.
Evaluator.:nerd:
P.S. below is my chart....
Why does your matrix different than default??
Simple....there are multiple different settings from the optimization chart to choose from that decrease and increase the sensitivity of the Symphonie Matrix. In this case, using the default would result in a better entry point than my settings because I am look more to the swings of a price movement and try to more closely choose the actual turn points. The default settings (5M) are just that...the best overall optimized settings to keep one in the trend in 5M charts.
Therefore, because I use one of the other optimized settings that are more sensitive my charts will reflect more direktion changes which can open me up to more whipsaw trouble.
Why open yourself up to more whipsaw false signal???
Answer, I am more open to risks and therefore my risk tolerences are higher and I am ok to gamble alittle more than the defaults. In this example look at the last two entries. I get two signals to enter a strong uptrend versus only 1 with default settings. Twice the orders; twice the risk; twice the REWARD! So it comes down to the amount of risk tolerence one has to gamble.
I hope that answers your question...before you ask them.
Evaluator.:nerd:
P.S. below is my chart....
- #16,879
- Edited 6:02am Feb 13, 2013 5:21am | Edited 6:02am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
