On my watchlist for a sell: Bearish Gartley pattern formation on the monthly chart for USDSEK.
Making Bank: The Harmonic rhythm of the market
- #4,262
- Jan 20, 2020 7:49pm Jan 20, 2020 7:49pm
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
Hey CN, Are You ok? I miss You. ; )
How is Your Recovery?
How is Your Recovery?
- #4,264
- Jan 21, 2020 1:48am Jan 21, 2020 1:48am
Here is something I am watching on CADJPY DAILY, so many pattern are up for grab. I can see a bat pattern, Butterfly pattern,AB=CD pattern, crab pattern and a potential cypher pattern all sharing a potential reversal zone. Can you imagine? 
This why I have not taken this short:
Up coming event for tomorrow
1. 2:30pm, CAD CPI m/m
2. Common CPI y/y
3. Median CPI y/y
4. Trimmed CPI y/y
5. Core CPI m/m
6. NHPI m/m
7. Wholesale Sales m/m the big ones
8. 4:00pm CAD, BOC Monetary Policy Report
9. BOC Rate Statement and
10. Overnight Rate.
so, tomorrow is going to give up some crazy pips. My bias is bearish, but I don't know what the outcome is going to be, I just hope it favours us all.
As my mentor CNtrader will always say "Stay disciplined, stay patient! Commit and Pay attention to your work ethic!
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!"
This why I have not taken this short:
Up coming event for tomorrow
1. 2:30pm, CAD CPI m/m
2. Common CPI y/y
3. Median CPI y/y
4. Trimmed CPI y/y
5. Core CPI m/m
6. NHPI m/m
7. Wholesale Sales m/m the big ones
8. 4:00pm CAD, BOC Monetary Policy Report
9. BOC Rate Statement and
10. Overnight Rate.
so, tomorrow is going to give up some crazy pips. My bias is bearish, but I don't know what the outcome is going to be, I just hope it favours us all.
As my mentor CNtrader will always say "Stay disciplined, stay patient! Commit and Pay attention to your work ethic!
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!"
- #4,265
- Jan 21, 2020 2:50am Jan 21, 2020 2:50am
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
Hey CN, Are You ok? I miss You. ; )
Inserted Video
- #4,271
- Jan 23, 2020 8:34am Jan 23, 2020 8:34am
Closing USDJPY at target 1...Don't intend to pay any more swap
As for NZDJPY been holding trade since 30th of December last year from D1 bat pattern entry...Going to be watching price action around potential Cypher and Shark patterns both on H4 to determine exit and if i'll go long
As for NZDJPY been holding trade since 30th of December last year from D1 bat pattern entry...Going to be watching price action around potential Cypher and Shark patterns both on H4 to determine exit and if i'll go long
- #4,273
- Jan 23, 2020 8:38am Jan 23, 2020 8:38am
{quote} The most painful one for this week, is this missed trade I was waiting for a spike up so that I could buy it cheaply but it never played out my way. Can you Imagine after waiting for that news, I slept off and woke up 30 minutes later after the news. Such happens some times. {image}
missed a couple of trades this week
- #4,274
- Jan 23, 2020 8:49am Jan 23, 2020 8:49am
{quote} Hey! who remember this I posted some times ago, target 2 hit and 3 almost hit {image} {image}
Was it still valid and if yes is it because price didn't close below the 100% retracement of the A to B?
- #4,275
- Jan 23, 2020 8:51am Jan 23, 2020 8:51am
{quote} Thought I was alone
- #4,277
- Jan 23, 2020 9:11am Jan 23, 2020 9:11am
{quote} " Just A quick question on your H4 bat pattern marked in blue...I can see the C leg achieved more than an 886 retracement. Was it still valid and if yes is it because price didn't close below the 100% retracement of the A to B?'' Yeah! The C leg almost took out the A leg but it didn't, so that validates the pattern. Some times the pattern are not always as perfect as in text books. But don't take my words for it, I am just a newbie.
- #4,279
- Jan 23, 2020 9:38am Jan 23, 2020 9:38am
{quote} From a newbie to a newbie...I only just started learning Harmonic patterns last year December
I never for once failed to blame those systems for my failures, never once accepting that the problem was actually me, because I never stock around enough to fully understand how the system works. I was made to understand that by Davit. So here I am now learning from one of the best (CNtrader) because this system sooth my personality the most.