I find that if the signals are the same during the next session that the move will most likely continue.. thats what I've been experiencing atleast

Symphonie Trader System

nope not mine.. last time extreme was blue was about 27 hours ago

Symphonie Trader System

my ej is not all blue.. red extreme.. possibly broker differences.. oh well plenty of other opportunities

Symphonie Trader System

given the fact were in a downtrend on EU.. that's why I took the sell.. tails dont really bother me in the direction of a trend

Symphonie Trader System

amazing.. I'd love to take profits every 3 weeks.. maybe someday I'll be just like you =) lets see how many tps i can hit today.. I'm in a buy in GU, GJ.. and a sell in EU

Symphonie Trader System

yes obtaining 100 pips can easily be obtainable with this system.. Everyone should remember though that all open trades shouldn't be more than 5% of your account =) although I tend to risk more if I see a real good setup..but it's not recommended ...

Symphonie Trader System

no I'm using the settings on post 1.. I find they repaint less and are a little more reliable IMO also how do you guys trade the pivots.. only longs above the daily pivot and short below?

Symphonie Trader System

just bought GU off the 1hr chart.. thats the only trade I have for now no other signals given yet.. will check in another hour

Symphonie Trader System

ehh not sure if I agree with this.. the US is slowly getting better while other countries are worst off than us. Just ask yourself would you rather be here or say Spain or Greece? There's turmoil everywhere around us and for once in my life I ...

Symphonie Trader System

yup got it =) also added tdi instead of stoch since that's what I'm more comfortable with

Symphonie Trader System

actually after some backtesting I might be incorrect about TP1 and tp2.. it looks like TP1 will definately be sufficient when trading. I will test it more tonight and next week. I just need to make sure I'm placing the fib retracement at the correct ...

Symphonie Trader System

ok gotcha.. Seems tp2 has been working for me since I have time to check at the end of every hourly candle. If price seems exhausted by the time it hits tp1 I'll take half off and let the second half run

Symphonie Trader System

hi olivia... any reason why you dont go for tp2? I've hit 2 of them so far today.. but I've been testing to put my trade to BE once tp1 is hit.. that way I find to be quite profitable in the long run since the RR is close to 1:2 4/4 testing this ...

Symphonie Trader System

yeah interactive traders have done me no good.. too much bias and not enough actual thinking going on. I'm testing fib retracement levels as tp and sl.. I will set my trade to BE once Target 1 is hit and letting the trade ride until TP2 is hit. so ...

Symphonie Trader System

backtesting it looks like the best signals are during the london/ny session. That's the only time I trade anyways since its when the market offers the most liquidity. also the 1hr doesnt repaint too often so I usually just take a signal if it looks ...

Symphonie Trader System

thanks guys.. I think I'll step away from the 5m timeframe. I'll stick to 1hr and lower my position sizes so I can take in more consistant pips .. I guess I'm not ready for all the noise on the lower timeframes as I was used to trading the 4hr ...

Symphonie Trader System

thanks that's what I've been noticing for the past couple of months as well..

Symphonie Trader System

no actually quite some success on 1hr.. but as eval has said that 5m is optimal. Just can't quite trade it correctly.. Even with clear signals I am experiencing more than expected drawdown.. even when trading in accordance to 1hr. maybe 5m just ...

Symphonie Trader System

ive been in that for the past couple of hours on the 1hr chart.. I dont think I've grasped the idea of grabbing 10 pips here and there yet. Maybe I'll abandon setting my sl and tp with fib retracement on the 5 min charts and just aim for 10+spread

Symphonie Trader System

would I be better off trading NY/london overlap since living on the east coast trading london at 3am is a huge inconvenience. i've also read that the london session isn't what it used to be and that most of the big players are in when NY opens.

Symphonie Trader System