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-   -   Making Bank: The Harmonic rhythm of the market (https://www.forexfactory.com/thread/431393-making-bank-the-harmonic-rhythm-of-the-market)

CNTrader Jun 10, 2013 11:45am | Post# 21

{quote} Agree thats why this was in my first post.m Good luck and good trading: {quote}
With that said I will do my Harmonic analysis like I always do and share SOME of it with the traders on this thread. That is the purpose. I hope it will be helpful to all traders to get a clearer picture of Harmonics and how they can be useful in making trading decisions . However everyone must realize the risk associated with trading the currency market and make their own decisions on what they will do.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

Davit Jun 10, 2013 11:55am | Post# 22

{quote} Agree thats why this was in my first post.m Good luck and good trading: {quote}

CNT I was not referring you
I am just curious if you also use Andrews pitchfork concepts as well which I am fan of that price travels to median line and either breaks or retreats.
What is your preferred TF.Are you day trader?or you hold positions longer.Thank you

CNTrader Jun 10, 2013 12:15pm | Post# 23

{quote} CNT I was not referring you I am just curious if you also use Andrews pitchfork concepts as well which I am fan of that price travels to median line and either breaks or retreats. What is your preferred TF.Are you day trader?or you hold positions longer.Thank you
I do not use pitchfork no sorry. I trade multiple time frames from tick all the way up to Monthly. I have a unique skill set that has and continues to provide me with all the pips I can possibly ever want and although it is not limited to Harmonics it does not include pitchfork. I have multiple accounts each designated for scalp, day trade, swing trade, and position trading. On this thread however I will be providing analysis on 15, 1hr, 4hr, daily, and sometimes weekly Harmonic potential set ups on multiple currency pairs. I hope you enjoy the thread and the analysis and may we all continue to make bank.

CNTrader Jun 10, 2013 12:18pm | Post# 24

{quote} I do not use pitchfork no sorry. I trade multiple time frames from tick all the way up to Monthly. I have a unique skill set that has and continues to provide me with all the pips I can possibly ever want and although it is not limited to Harmonics it does not include pitchfork. I have multiple accounts each designated for scalp, day trade, swing trade, and position trading. On this thread however I will be providing analysis on 15, 1hr, 4hr, daily, and sometimes weekly Harmonic potential set ups on multiple currency pairs. I hope you enjoy...
Now thats enough about me lets have some fun posting charts, analysis and trading and most importantly .....Making Bank!! lol

CNTrader Jun 10, 2013 12:22pm | Post# 25

{quote} CNT I was not referring you I am just curious if you also use Andrews pitchfork concepts as well which I am fan of that price travels to median line and either breaks or retreats. What is your preferred TF.Are you day trader?or you hold positions longer.Thank you
By the way if you want to post pitchfork analysis by all means feel free to do so but see if you can post Harmonic analysis in the way you like to do so as you said "to confirm" what you are seeing.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

buyorsell Jun 10, 2013 12:29pm | Post# 26

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AUDJPY 15M BAT
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Davit Jun 10, 2013 12:51pm | Post# 27

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{quote} By the way if you want to post pitchfork analysis by all means feel free to do so but see if you can post Harmonic analysis in the way you like to do so as you said "to confirm" what you are seeing. Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Cool lets get down and dirty
I am looking for Cable short on weekly chart 61.8 fib 5780 area for C leg on Gartley pattern which is my favorite pattern AB=CD
On fundamentals side this move supports it as Feds are making noise easing off QE
I just hope it gets up that high then short it with vengeance.

Fibs are drawn by this cool indicator called Fibo Independence.Just draw a line (point to point)go to line edit and name the line FIB1 and line will show fib with numbers and with different colors of your choosing.Clean and neat.
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Fibo_Independence.mq4

CNTrader Jun 10, 2013 1:27pm | Post# 28

{quote} Cool lets get down and dirty I am looking for Cable short on weekly chart 61.8 fib 5780 area for C leg on Gartley pattern which is my favorite pattern AB=CD On fundamentals side this move supports it as Feds are making noise easing off QE I just hope it gets up that high then short it with vengeance. Fibs are drawn by this cool indicator called Fibo Independence.Just draw a line (point to point)go to line edit and name the line FIB1 and line will show fib with numbers and with different colors of your choosing.Clean and neat. {image} {file}...
Nice, matches up with the daily Gart sell zone posted earlier. I will be looking at that area too for the behavior to go short. Thanks for the contribution of the weekly analysis. Agree with fundamental noise but also to add to the US fed will be what Carney decides in July as some are expecting some pretty heavy QE from the BOE as the next catalysts. Will he delight or disappoint? Time tells all!! Good luck and good trading

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

CNTrader Jun 10, 2013 1:35pm | Post# 29

1 Attachment(s)
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net

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Name: EurJpy.gif
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Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

CNTrader Jun 10, 2013 1:47pm | Post# 30

1 Attachment(s)
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
To keep things in their proper perspective here is a Monthly peak.

Click to Enlarge

Name: EurJpy Monthly.gif
Size: 64 KB

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

Davit Jun 10, 2013 2:10pm | Post# 31

1 Attachment(s)
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

Great spot.I normally don't trade this pair but you made me take a second look.
Your entry short is spot on 68.2 fib plus more support structures on left.
I may join you
To those not familiar with Harmonics according to Scott Carney 88.6 fib is last chance for price to reverse if violated then pattern is void.I have that fib in black.
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Shaker Jun 10, 2013 2:25pm | Post# 32

{quote} I do not use pitchfork no sorry. I trade multiple time frames from tick all the way up to Monthly. I have a unique skill set that has and continues to provide me with all the pips I can possibly ever want and although it is not limited to Harmonics it does not include pitchfork. I have multiple accounts each designated for scalp, day trade, swing trade, and position trading. On this thread however I will be providing analysis on 15, 1hr, 4hr, daily, and sometimes weekly Harmonic potential set ups on multiple currency pairs. I hope...
I have a unique skill set


Hey CN
Was that you in the movie TAKEN........??

row Jun 10, 2013 2:27pm | Post# 33

Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
I traded this pair earlier today I took the CYPHER pattern at 129.77 and got burn.........Is there a reason why you didn't take the cypher pattern.....was it situation where you didn't saw the set-up or you dont trade cypher patterns.

CNTrader Jun 10, 2013 2:41pm | Post# 34

{quote} I have a unique skill set Hey CN Was that you in the movie TAKEN........??

Hahaha love that movie.........."Good Luck" lol

Starry Jun 10, 2013 2:59pm | Post# 35

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Limit entry at $22.86 for SLW. I am buying at structure, expecting something like a pin bar which will wick to my price lol.....


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CNTrader Jun 10, 2013 2:59pm | Post# 36

{quote} I traded this pair earlier today I took the CYPHER pattern at 129.77 and got burn.........Is there a reason why you didn't take the cypher pattern.....was it situation where you didn't saw the set-up or you dont trade cypher patterns.
I'm aware of the Cypher and I trade them if they meet my criteria. For me its simple i did not take it because of price behavior. If my price behavior requirement is met at that .786 location for the "cypher" then i will take it but it was not met so i looked to the shark instead and low and behold i got the behavior I was looking for. Hope that helps without getting into the specifics of the price behavior I look for as I do not want to use this thread as a forum for training just sharing my thoughts and analysis.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

row Jun 10, 2013 3:53pm | Post# 37

{quote} I'm aware of the Cypher and I trade them if they meet my criteria. For me its simple i did not take it because of price behavior. If my price behavior requirement is met at that .786 location for the "cypher" then i will take it but it was not met so i looked to the shark instead and low and behold i got the behavior I was looking for. Hope that helps without getting into the specifics of the price behavior I look for as I do not want to use this thread as a forum for training just sharing my thoughts and analysis. Enjoy, have fun, make...
I rarely trade the shark pattern but out of curiousity where do you set your stop........Is it just above the PPZ zone ? or do you have a different criteria.

biDc Jun 10, 2013 4:56pm | Post# 38

Where's a good place to research more about harmonics?

CNTrader Jun 10, 2013 7:43pm | Post# 39

Where's a good place to research more about harmonics?
Please see 1st 2 posts for a few recomendations. Then there is always Google. Good luck and good trading.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

CNTrader Jun 10, 2013 8:14pm | Post# 40

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Hey Traders this is what I'm both involved with and looking at on a Gbp/Jpy 4hr chart

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Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank


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