BUY Signal (15min) BUY order @1.37694, 75 pip stoploss, exit strategy (2) FINAL UPDATE: Extreme Spike recorded with less than 30 pip move. Per Exception Rule Oder Closed@ 1.37828

Symphonie Trader System

correct! however, there is a little issue of 2 billion pounds of treasury notes that Greece must come up with on Friday. if they cannot pay then greece is in default. that one will be the real market mover!!!

Symphonie Trader System

ALL BETS ARE OFF on BEAR FLAG pattern.... NEWS FLASH::::::::: Slovinian Parlement to vote on EFSF today! UPDATE: Slovinian Parlement approves EFSF measure. Now all 17 member nations of the EU have approved EFSF fund increase and disbursements.

Symphonie Trader System

yes. i have a second extreme indikator on my chart running those settings.

Symphonie Trader System

which one??? i am running 10 different models on peoples suggestions and recomendations right now. it is hard to keep up with them all.

Symphonie Trader System

Deadpool, it is important to remember to keep a second chart of larger timeframe running along side a 5 min. That way you see whole market movements. 5 min. is the tree. do not get caught looking at the tree too closley when the whole forrest is on ...

Symphonie Trader System

FOREX CHART PATTERNS 101 THE BEAR FLAG pattern formation Here is an excellent example of a basic chart pattern knowledge that can really help your trading. The graph is a perfect example of a textbook Bear Flag formation. We see the price action in ...

Symphonie Trader System

I would think this to be too late in a movement looking at trendline. in this instance i would wait until all the indikators change to blue or up. but also pay close attention to market news to find out what are the market drivers for the day. you ...

Symphonie Trader System

Yes and no....Trendline is the slowest of the indikators and will normally be the last to change. So yes we are looking for Trendline to change. However, there are instances when trendline changed and one of the other indikators do not line up. So, ...

Symphonie Trader System

yes. you are good man. thank you for your insight.!!!

Symphonie Trader System

exactly and the length of the drop out of the flag is generally the lenght of the initial flag pole on the bear flag.

Symphonie Trader System

realjumper, Yes, I saw that also but thread account is working in 15 min timeframe this week so he function behind the 5 min curve. ( we are slower to react) eval.

Symphonie Trader System

SELL order (15 min) SELL order @1.37750, 75 pip stoploss, exit strategy (2) UPDATE: 30 pip positive move. per Order Account Balance Protection rule stoploss moved to 3 pip positive. UPDATE2: Extreme Spike recorded. 1/2 order closed close of ...

Symphonie Trader System

I see head and shoulders pattern.

Symphonie Trader System

23k. so far not one order today i miss the move this morning because i oversleep.. after that, market stuck in one direction. and do not wish t o enter in later stage of movement. looking to sell eurusd but no sell signal all day. i go to bed and no ...

Symphonie Trader System

Teresh if you are uncomfortable with a 50pip stoploss then change to what you feel most comfortable. But be warned!!! the tighter your stoploss the more chance you have for normal market price action to hit it resulting in a loss trade. also, if ...

Symphonie Trader System

Teresh, I do not understand your question. You asked about non extreme spikes. The answers are all in the exit strategy section of post#1. Those should cover 90% of the issues for exiting a trade. There are 3 exit strategies to choose from and one ...

Symphonie Trader System

I also use to filter my EMA50 traders, price above it and below only buy sale. Logic that would make some traders who were positive using the original system, but I prefer the filter EMA50 safer.[/quote] neltonbenke, Thank you for your comments. I ...

Symphonie Trader System

please go back and read post #1. i have clearly explained exit strategies.

Symphonie Trader System

you enter a trade and get an extreme spike telling you movement has ended....then you need to exit at close of that candlestick. just like i said in post #1 (especially if you are less that 30 pips into movement and you get extreme spike)

Symphonie Trader System