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Evaluator replied Aug 10, 2012Here was my SAFT play of the day. My apologies for being late to show my order. But as you can see the markt freaked out!
Evaluator.:nerd:SAFT System
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Evaluator replied Aug 10, 2012HOLY REVERSAL BATMAN!!!!!
Needless to say my stoplosses were hit. Luckly, I was +3 pips positive..... I hope you had a stoploss in place as this was totally unexpected. Looks like some people decided to take profit earlier than the 1.22200 ...Symphonie Trader System
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Evaluator replied Aug 10, 2012Very light volume today...it makes moves difficult to have follow through.... aaah Summer markts...


Symphonie Trader System
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Evaluator replied Aug 10, 2012I think the EURUSD is about to drop by 40 pips........ 1.22604 is the line in the sand. below there and we should see 1.2220 quickly.
Symphonie Trader System
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Evaluator replied Aug 10, 2012I took the signal alittle early on this one as I was tired of waiting for the whipsaws to finish out at the market open.(especially with a trendline break) I will look to take profit 1/2 my positions at 1.22200 then see if we can make it to 1.21500 ...
Symphonie Trader System
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Evaluator replied Aug 10, 2012Ever E. Man, Thank you for the complement. Please let us know how SAFT performs for you. Evaluator.:nerd:
SAFT System
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Evaluator replied Aug 9, 2012Pidgeon, Nice post. You are correct 1.22400 is a 50% retracement and 1.21500 is the last major swing low.
However, if you look at the daily chart you will see why I am interested in 1.21500. Because that is the current bottom of a large ...Symphonie Trader System
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Evaluator replied Aug 9, 2012niepce, You are missing the On Balance Volume (OBV) indikator. So, I have no idea. You should have it as it is a standard indikator include in MetaTrader. Evaluator.:nerd:
SAFT System
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Evaluator replied Aug 9, 2012To add on to my post #15019....the level 1.22200 may also provide support to EURUSD as the 1.22200 level was the high on 20 Juli so that level should be defended then I see nothing until 1.21500.
Symphonie Trader System
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Evaluator replied Aug 9, 2012niepce, Congratulations!
This one will have a long way to drop in my opinion. Evaluator.:nerd:SAFT System
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Evaluator replied Aug 9, 2012It is a reference MA it is a 170 MA. I am testing stuff with it.
Evaluator.:nerd:Symphonie Trader System
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Evaluator replied Aug 9, 2012If you took this SAFT trendline break you should be sitting on a nice 60 pip cushion to your order. Let it run!!!!
Evaluator.:nerd:SAFT System
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Evaluator replied Aug 9, 2012The 1.23311 figure pending sell orders is hit and EURUSD takes a 20 pip drop. Next level of support at 1.23000 which is a possible psycological support. A break there ''look out below''
because there is no support until 1.21500. Evaluator.:nerd:Symphonie Trader System
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Evaluator replied Aug 9, 2012A little bird tells me that there are alot of pending sell orders stacked up at the 1.23311 level. If that level is hit look for a large drop in EURUSD. Until then expect alot of support from Bulls until they give up and let it drop.
Symphonie Trader System
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Evaluator replied Aug 9, 2012allisonmagic, Honestly, I do not think Symphonie can be made into an EA robot because there are just too many markt factors to be considered and human manual tradig will always be superior to any EA. The markt is so unpredictable I do not think any ...
Symphonie Trader System
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Evaluator replied Aug 8, 2012niepce, I use the FX5MACD as the marker for when I should be drawing trendlines then begin to look for breaks of the trendlines. I have found this indikator to be a very good alert on when one should begin to draw the trendlines and look for breaks ...
SAFT System
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Evaluator replied Aug 8, 2012sirwolf, I have always used trendlines as that is how I learned to trade. That is the essence of this method. Evaluator.:nerd:
SAFT System
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Evaluator replied Aug 8, 2012True or it could also be a very flat head and shoulders pattern with the bounce before the drop.
1.23500 would be the neckline. Evaluator.:nerd:Symphonie Trader System
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Evaluator replied Aug 8, 2012It appears we have formed a top on the short term EURUSD. We have a klassik trendline break and now looking for a retest of the trendline break (i.e. 61.8fib) before the next major drop to the downside. I hope everyone was able to take advantage of ...
Symphonie Trader System
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Evaluator replied Aug 8, 2012See the links in post#1 they will explain all you need to know about your questions. Evaluator.:nerd:
Symphonie Trader System