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    • allisonmagic replied Dec 20, 2012

      i would use the 15min chart for either scalping, or an accurate entry after you've missed your initial signals on the 1h. however i just find the high point in the trend, and set an entry 5 pips above or below as long as symphonie is still ...

      Symphonie Trader System
    • allisonmagic replied Dec 20, 2012

      your entry all depends on how you feel, this is just what i would do at this point. (if i was trading the euro) I've attached a chart with the pivots I'm looking at. I've measured my targets using the Fibonacci retracement however

      Symphonie Trader System
    • allisonmagic replied Dec 20, 2012

      at this point, my entry on the 1h chart would be at 1.33021.. this is 5 pips over the high, including the spread for accuracy. if we break 1.3307, we should see clear to the 1.3360 area short term and 1.3554 area in the long term

      Symphonie Trader System
    • allisonmagic replied Dec 19, 2012

      look for a buy signal above the 200 day, consolidation below the 100 day, and short below the 200 day. unless you are scalping for 10+ pips, do not worry about it. long term hourly or semi weekly traders should look for signals in these areas. 23:00 ...

      Symphonie Trader System
    • allisonmagic replied Dec 17, 2012

      i use fibonacci for finding targets on my trades. you can also do like post 1 says and set a dynamic stop loss +1 when you are in profit +10 pips. or you can exit on the cross of the macd indicator. or close your trade when price drops below current ...

      Symphonie Trader System
    • allisonmagic replied Dec 17, 2012

      Order Account Balance Protection For this system, I recommend practicing a very conservative order protection loss system. Once an order is executed, immediately assign the order a 50pip stoploss. If the market turns against you, you will only loose ...

      Symphonie Trader System