wait

Symphonie Trader System

ManilaSpurs, I use setting on post#1 Evaluator

Symphonie Trader System

The eurusd reversal really comes into forus when you look at it from the 4 hour timeframe. P.S. This is a long count where the bottom of the super cycle according to Elliott is in the 0.95 area.

Symphonie Trader System

Yes. wait until 4 extreme bars. Consider that a permenant modification of the extreme spike indikator.

Symphonie Trader System

Here is what I see from 1 hour chart on EURUSD. It is a break of acending wedge formation with a failed 5 wave pattern (top) where there is a channel break then retest of bottom of wedge and it appears to be reverse both at perfect 61.8 fibs. I ...

Symphonie Trader System

I am short from 1.32775 per hourly chart. Looking to add to my position.

Symphonie Trader System

As long as Heiken Ashi shows trend being down then I would be very careful about taking any long positions. I think this is just normal congestion at the top of a support area and will push through as the top of 1.32800 is confirmed and we look to ...

Symphonie Trader System

Passerby, Stop buying. You are 1. going against the trend and 2. you have mis-diagnosed the chart. This is NOT a decending wedge; it is a downchannel where the trend is down. To contunue to buy eurusd will just cost you money. Evaluator

Symphonie Trader System

Passerby, You are incorrectly labeling a channel. That is not a wedge pattern that is a channel. Evaluator

Symphonie Trader System

You are not reading post#1 like I said. To quote from post #1 f For me this is the setting I use for this month in all timeframes. Evaluator.

Symphonie Trader System

Passerby, This is an acending wedge pattern that may have a breakout to the down side. not a falling wedge! See post #5218 and be careful with any longs at this point. Evaluator

Symphonie Trader System

I currently use settings from post#1 that is why I said the first line in post #1

Symphonie Trader System

Everyone should be very careful concerning long positions on the EURUSD because this has all the hallmarks of a failing 5 wave which is a very strong reversal signal. Make sure you watch closely the acending wedge formations for breaks to the ...

Symphonie Trader System

Seabreeze, Great post! Two Thumbs up! Eval.

Symphonie Trader System

SnailRoll, How you choose to trade is up to you. Personally, I watch my trades until there is a major move and I feel comfortable in letting my trade run. (more than 100 pips) Then I would just keep an eye on it periodically. 15 min timeframe I find ...

Symphonie Trader System

ohammond, YOU ARE CORRECT! Great reply post! Eval.

Symphonie Trader System

k4u, First, if you make order and the extreme repaints then you should take the repaint and make a repaint play as described in the repaint play section of post #1.(i.e. exit trade immediately) All 4 indikators will not repaint. The only one prone ...

Symphonie Trader System

SnailRoll, Exit Strategy #1 is best for new people because it is easiest to follow. I will make one caveat.....once you get an extreme spike wait for 3 to 4 bars to see it the Extereme holds. If no repaint then exit at close of 4th bar/beginning of ...

Symphonie Trader System

gj6n68, Post #1 has my most current indikators and all my current settings. Evaluator

Symphonie Trader System