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Alorente replied Feb 20, 2012Yes, I agree. I am not using any of the time frames in HA as a filter. I find them to be too inconsistent. I am ignoring the HA indicator in my conditions.
Symphonie Trader System
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Alorente replied Feb 20, 2012I believe that, at heart, symphonie is great at trend following and innefective contertrend. Now, if we could only define what a trend is and then include the conditions that would keep you from entering countertrend consistently, then Symphonie ...
Symphonie Trader System
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Alorente replied Feb 20, 2012But that would be optimizing for the result you want. Iīm against optimizing trading systems.
Symphonie Trader System
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Alorente replied Feb 20, 2012Eval, I believe what you are saying about the Trendline Indicator, but I have looked at many charts and the evidence tells me time after time that the trades would have been more profitable without it. Here is a good example. On the EURUSD daily ...
Symphonie Trader System
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Alorente replied Feb 20, 2012I agree. My system kept me out of trouble also. In fact 2008 and 2009 were two of the most profitable years Iīve ever had. It all boils down to truly believing in your system 100% and being disciplined to follow it.
Symphonie Trader System
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Alorente replied Feb 20, 2012I donīt know what to tell you. Iīm placing the lines as I place the trades. Maybe our broker feeds are different...? Here is the updated chart.
Symphonie Trader System
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Alorente replied Feb 20, 2012There is no Holy Grail — For those of you that are new to trading or still learning the ropes, I want to say that there is no such thing as a perfect system or an infallible one. The market is alive and changing just like you and I are. What ...
Symphonie Trader System
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Alorente replied Feb 20, 2012Eval, I agree with you and I stated that this morning. Please read my post #5987. It is good to try new things though and always try to improve what you have. Basically, this system that I am using today is Symphonie without the Trendline indicator, ...
Symphonie Trader System
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Alorente replied Feb 20, 2012EURUSD only, even though it works for all pairs and futures also.
Symphonie Trader System
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Alorente replied Feb 20, 2012I am an aggressive trader, I must admit, but I also had the benefit of spending the whole weekend working out all the trades from the beginning of the year. That built a lot of confidence in this system.
Symphonie Trader System
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Alorente replied Feb 20, 2012On Trade 5 I really didnīt wait for the Red bar to close because PA was at R3 and my regular system was yelling at me to get out so I did, but I shouldnīt even tell you that because it is very important to let the bar close.
Symphonie Trader System
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Alorente replied Feb 20, 2012For those of you that donīt understand what weīre doing, here are the steps involved in each trade: Trade 1: I started my day a little before. I alresdy had a Short Spike from much earlier. I waited for the close of the first MA Cross bar and ...
Symphonie Trader System
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Alorente replied Feb 20, 2012Looking at the chart I posted you can clearly see how much better Heiken Ashi bars are at showing the trend and the duration of the impulse.
Symphonie Trader System
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Alorente replied Feb 20, 2012Hey, Iīm also skeptical. Iīm trading just 2 lots. Much less than my usual. Itīs healthy to be a coward.
Symphonie Trader System
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Alorente replied Feb 20, 2012Important observation: Sometimes like for example right now, the bar has not closed but it is repainting 2 bars of the MA Cross red. I would still recommend not to go short until the bar closes, even though you see 2 or 3 red bars.
Symphonie Trader System
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Alorente replied Feb 20, 2012I cheated a bit. I exited at D1 R3, before the red bar closed on the MA cross. Itīs a habit for me to exit at S/R levels.
Symphonie Trader System
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Alorente replied Feb 20, 2012Are you making any money yet? I am 4 for 4 and over 120 pips already. Someone should figure out how to make an EA out of this.
Symphonie Trader System