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Making Bank: The Harmonic rhythm of the market

  • #4,501
  • May 21, 2021 10:11pm May 21, 2021 10:11pm
No wonder this thread is dead. No wonder Jason Stapleton gave up trading after playing with all these animals for a long time. What a joke.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #4,502
  • May 22, 2021 3:41pm May 22, 2021 3:41pm
Another shark and butterfly patterns sported here on GBPJPY daily chart. Price is currently at the PRZ
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 59 KB
  • #4,503
  • May 26, 2021 12:09pm May 26, 2021 12:09pm
Quoting alphabear
Hello Everyone, really been a while. Hope you're good? Here is a Butterfly and Gartley I am currently watching, price is currently at the PRZ. {image}
This trade went well, but unfortunately I was unable to take it(was at work); However, A shark pattern has been formed and price is currently at the PRZ of a long term reversal. If price makes a U-turn it will be a very good area to short because risk to reward ratio.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYWeekly.png Size: 48 KB
What do you think?
  • #4,504
  • May 26, 2021 12:16pm May 26, 2021 12:16pm
Another one!
A shark and a crab pattern have just been completed on the weekly time frame. Price is also at the PRZ.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYWeekly.png Size: 66 KB
  • #4,505
  • May 26, 2021 12:29pm May 26, 2021 12:29pm
And another one!
Guy I think we're in a shark week, shark month or shark year, Whatever! If the dollar gains some mojo back we could be sharking this trade down to the bank, lol. GBPUSD on the weekly
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 54 KB
  • #4,506
  • May 26, 2021 2:04pm May 26, 2021 2:04pm
Here is a Gartley on the daily time frame!
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 53 KB
AUDCAD. I may not take this trade but lets see how it goes
  • #4,507
  • May 28, 2021 2:26am May 28, 2021 2:26am
Bat pattern on H4 GBP/USD
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD#H4.png Size: 44 KB
We cannot direct the winds but we can adjust our sail.
  • #4,508
  • May 29, 2021 5:27pm May 29, 2021 5:27pm
I found that the Gartley Has a higher probability here but the price has to make its way down there to happen...
Attached Image (click to enlarge)
Click to Enlarge Name: 4a55cb43fd43246f1d8ea612b5dbfe59.png Size: 248 KB
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #4,509
  • May 29, 2021 5:37pm May 29, 2021 5:37pm
Possible Harmonic Wolfe Wave set-up oh H1 & H4 NZDUSD...IMHO
Attached Image (click to enlarge)
Click to Enlarge Name: eb280114d8f3b2a8821cfc561ee5629c.png Size: 153 KB
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #4,510
  • Jun 1, 2021 3:54pm Jun 1, 2021 3:54pm
Quoting Pipimintpati
I found that the Gartley Has a higher probability here but the price has to make its way down there to happen... {image}
The app draws this for you?
  • #4,511
  • Jun 1, 2021 3:57pm Jun 1, 2021 3:57pm
Quoting Pipimintpati
Possible Harmonic Wolfe Wave set-up oh H1 & H4 NZDUSD...IMHO {image}
'Harmonic Wolfe Wave' I'm just hearing this for the first time. At first I thought you made it up so I googled it. what are the parameters?
  • #4,512
  • Jun 1, 2021 4:06pm Jun 1, 2021 4:06pm
Quoting posterboy
Bat pattern on H4 GBP/USD {image}
Market was ranging. If I were you I would have traded the shark in the range instead. Price was at the PRZ when you posted the chart which is one of the best place to short
  • #4,513
  • Jun 1, 2021 4:20pm Jun 1, 2021 4:20pm
The Indicator App is Auto or Semi-Auto or freestyle. I used the Semi-Auto to place the Wolfe Wave in the correct positions along the Trendlines Sweet spot. The Parameters are in this Book. The Author of the App indicator gave me the Book with the Indicator when I bought it.

The Parameters for a Wolfe Wave and the Location of the App in the Screenshot.

Wolfe Waves are great but are not widely explored here on F.F. Nen Made a couple indicators for Wolfe Waves out there some place. Using this Indicator app makes it easy to learn how to spot them. Wolfe Waves are everywhere and gives me a clear sense of the market cycles, especially a reversal off the "sweet spot" Blue Box in screen shot.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dec577523c8672dc1fa0524b579e7d2d.png Size: 176 KB
Click to Enlarge Name: a51751531bf525696afdb04c71866e46.png Size: 44 KB
Attached File(s)
File Type: pdf Wolfe Waves - Bill Wolfe book.pdf   7.8 MB | 669 downloads
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #4,514
  • Jun 2, 2021 2:57pm Jun 2, 2021 2:57pm
Quoting Pipimintpati
The Indicator App is Auto or Semi-Auto or freestyle. I used the Semi-Auto to place the Wolfe Wave in the correct positions along the Trendlines Sweet spot. The Parameters are in this Book. The Author of the App indicator gave me the Book with the Indicator when I bought it. The Parameters for a Wolfe Wave and the Location of the App in the Screenshot. Wolfe Waves are great but are not widely explored here on F.F. Nen Made a couple indicators for Wolfe Waves out there some place. Using this Indicator app makes it easy to learn how to spot them. Wolfe...
Wow! I see it's okay. I draw my patterns myself, it wasn't easy identifying them at first but by watching CNTrader's drawing I was able to learn a few things. Post more often to encourage others and to keep the thread alive please. Most especially your trades and not just patterns if you don't mind. Thanks
  • #4,515
  • Jun 2, 2021 3:01pm Jun 2, 2021 3:01pm
Quoting alphabear
Here is a Gartley on the daily time frame! {image}AUDCAD. I may not take this trade but lets see how it goes
I am still waiting for my 'web of buy limit' to be triggered. Patience is key i'm not in a hurry to take this trade. If my limits is triggered fine if not I will pass. I know price is in the PRZ but i'm not just going to buy because of that, I think the support around 0.92492 would be tested before price heads north.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 58 KB
  • #4,516
  • Jun 2, 2021 3:12pm Jun 2, 2021 3:12pm
Quoting alphabear
{quote} Wow! I see it's okay. I draw my patterns myself, it wasn't easy identifying them at first but by watching CNTrader's drawing I was able to learn a few things. Post more often to encourage others and to keep the thread alive please. Most especially your trades and not just patterns if you don't mind. Thanks
Sure, I want to mention I have an instance of the Zup Harmonic Pattern indicator on all my charts so there are a lot of patterns & lines that are not illustrated by the Forex on Steroids indicator. The Steroids indicator has the Green/Red Numbers & green/red Triangles located at the vertices.

Here is a trade I recently entered. It is not the Wolfe Wave but it is a 94 % Shark Patterns. I really don't see the trade amounting to much. I was not on point this morning and I missed the Bullish Harmonic Pattern entry below. I believe the rules is to enter is 30M or H1 close above 23.6%
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: b826ccb4d59e560267eaeab87596ae4d.png Size: 169 KB
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #4,517
  • Jun 2, 2021 3:22pm Jun 2, 2021 3:22pm
Quoting Pipimintpati
{quote} Sure, I want to mention I have an instance of the Zup Harmonic Pattern indicator on all my charts so there are a lot of patterns & lines that are not illustrated by the Forex on Steroids indicator. The Steroids indicator has the Green/Red Numbers & green/red Triangles located at the vertices. Here is a trade I recently entered. It is not the Wolfe Wave but it is a 94 % Shark Patterns. I really don't see the trade amounting to much. I was not on point this morning and I missed the Bullish Harmonic Pattern entry below. I believe...
"I really don't see the trade amounting to much, I believe the rules is to enter is 30M or H1 close above 23.6%''
It's okay, as CNTrader would always say "Stay disciplined, stay patient! Commit and Pay attention to your work ethic!" you're on the right lane. Thanks for sharing
  • #4,518
  • Jun 3, 2021 2:34am Jun 3, 2021 2:34am
Quoting alphabear
{quote} Market was ranging. If I were you I would have traded the shark in the range instead. Price was at the PRZ when you posted the chart which is one of the best place to short

Greetings

Trust you are well,

bro, may I pls request Shark pattern You mentioned, Would like to do a compare, as to where I stroke wrong?

Gratitude
We cannot direct the winds but we can adjust our sail.
  • #4,519
  • Jun 3, 2021 5:35am Jun 3, 2021 5:35am
@ Alphabear


Any thoughts on Euro

H1 Bat Completion zone Red BOX & also confluences with crab 88.6 Retracement of C leg

h4 & Daily Emerging Crab
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD#H4.png Size: 44 KB
We cannot direct the winds but we can adjust our sail.
  • #4,520
  • Jun 3, 2021 2:58pm Jun 3, 2021 2:58pm
Quoting posterboy
Bat pattern on H4 GBP/USD {image}
When you posted this chart BPUSDh4, this was how price was acting (moving up and down in that rectangle box which is a ranging market).
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 44 KB
Which in my opinion wasn't that great a place to take a trade considering risk to reward ratio. However, should you have zoomed in to h1 time frame you may have seened a shark pattern formation which played out twice. The first trade stopped at TP2 and the second trade (type-2) went all the way to tp3
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 70 KB
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