Symphonie trading systems forex profit

Mar 31,  · THV Trix and Symphonie Sentiment Indicator Forex Trading Strategy is for the currency pair EURUSD and this is for 1 hour time frame chart. The indicators used in this strategy are THV Trix v

The Symphonie Trader System works together like the components of a Symphonie. Symphonie Trend Line is a technical indicator which looks like moving average.

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Remember confliction in the marketplace is common and will cause you to buy when you should be selling and the reverse. This system seeks to calm the market movement by making showing signals as to the true direction of the market. I attach a screen shot with 3 situations to help you better understand. As you can see we have the 4 indicators loaded into 3 divided windows. A small downward thrust does occur but we have conflict in the 4 indicators A and B do not equal C and D so no action should be taken.

We then see price drop. We watch the market progress until a corresponding bottoming extreme spike occurs indicating a Bottom maybe taking place.

At the close of the bottoming spike candlestick, one would exit the order taking profit. At point 3 we see a signal change the 4 indicators with ABCD showing up. At the close of this candlestick a BUY order would be initiated. We would then let the market run intil a exiting extreme spike forms indicating a new top is forming. As a matter of preference and reliability I prefer the higher timeframes as the change will occur faster in the lower timeframes and the indicator tend to repaint the lower the timeframe making it harder to keep track.

But once all 4 are the same they do not repaint. Again, make no moves until all 4 indicators are pointing in the same direction. When they do show agreement ACT with no hesitation. I think you will find you increase your sucess in the market. Money Management Strategy Rules and Guidelines Proper Money Management skills are essential to becoming good and successful currency trader.

Money management is by far the most important skill to master if you want to become successful at trading FOREX.

Money management is simply a system you incorporate that will effectively preserve capital while you increase your profits. In other words a good system will help keep you from losing all of your money and help you make money. This is to ensure that your account does not get overextended and one suffers significant account losses or even a margin call on account causing one to lose all tradable capital in account. To properly do this one need to establish a ratio system based on the ratio rule.

ARS basically states that for every in an account will be equal to one trade lot allowance of 0. Therefore the maximum total trades for a account would be 0. Based on this system you would maintain the following ratios. ARS Ratio System equals 0. However, this does not mean that one is only allowed to trade one order at a time. So, if one had 5k in account the maximum number of mini lots cannot exceed the 0. Orders could be organized in any combination desired. Because it will help you to preserve your account in-case of order loss and provide you with the comfort to know that even though you may take a StopLoss hit you will not be over leverages and lose your whole account through a margin call.

But the level of risk you wish to use is simply up to you. Using the ARS ration system will make one less nervous and more inclined to jump into an order than hesitate and lose position when the strategy system signals one to execute an order immediately.

Entry Points Strategy The entry and exit strategy is simple. For placing an order one would wait until you have an extreme spike and the other 3 indicators show the same colour in the direction of the extreme spike. This is shown in the graph as position A. I call this program the Symphonie Trader System. Named for the combination of indicators used to determine tops and bottoms for placing entry orders and exit strategy to maximize profit.

The Symphonie Trader System works together like the components of a Symphonie. Alone each instrument has a weak sound, but; when put together the complete symphonie makes beautiful music rich in sound and texture. Symphonie Trader System Remember confliction in the marketplace is common and will cause you to buy when you should be selling and the reverse. This system seeks to calm the market movement by making showing signals as to the true direction of the market.

I attach a screen shot with 3 situations to help you better understand. Also I have attached a basic Symphonie System Trade Cycle diagram that show how the theory for Symphonie was developed.

Again, Symphonie was not designed to get the tops or bottoms; Symphonie looks to catch the main body of the price action movement. Money Management Strategy Rules and Guidelines. Proper Money Management skills are essential to becoming good and successful currency trader. Money management is by far the most important skill to master if you want to become successful at trading FOREX.

Money management is simply a system you incorporate that will effectively preserve capital while you increase your profits. In other words a good system will help keep you from losing all of your money and help you make money. It is important to maintain a proper account ratio system ARS based on the size of your total account balance. This is to ensure that your account does not get overextended and one suffers significant account losses or even a margin call on account causing one to lose all tradable capital in account.

To properly do this one need to establish a ratio system based on the basis ratio rule. ARS basically states that for every in an account will be equal to one trade lot allowance of 0. Therefore the maximum total trades for a account would be 0. Based on this system you would maintain the following ratios. ARS Ratio System equals 0. However, this does not mean that one is only allowed to trade one order at a time.

So, if one had 5k in account the maximum number of mini lots cannot exceed the 0. Orders could be organized in any combination desired.

The entry and exit strategy is simple. For placing an order one would wait until you have an extreme spike opposing colour change and the other 3 indicators show the same colour in the direction of the extreme value. So, one will execute order at close of all 4 indikators point in same direktion.

Why a pending order? Some time the edge holds and price aktion reverses that can result in one have a loss order. Pending orders keep one to the edge breaks and with the trend versus chasing price aktion with a markt order. Let the markt come to you and hand you pips. The downside to a pending order is that one is enter the markt at a high price buying or lower price selling than using markt order. 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 a small amount versus if there is no stoploss and it the market move is heavily against you if can be very costly with no stoploss.

Once a order is made place a stoploss immediately. Once the pip count exceeds 30pips positive market moves 30pips in your favor , move the stoploss to 3pips in front of the order to protect from having any loss on the trade. This will ensure you have atleast a 3 pip profit if there is a sudden change in market conditions. On open orders 30 pip stoploss is assigned. Yes, in whipsaw action one may get stopped out more often but in those cases it usually means the market is not ready to move in the direction of your order and you can wait on new pricing action that normally means a second entry order that is at a better price than the first because the market was simply not ready.