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Making Bank: The Harmonic rhythm of the market

  • #4,621
  • Jul 25, 2021 7:04am Jul 25, 2021 7:04am
Quoting anubieonly
Hi Alpha and all fellow Harmonic traders, as tomorrow there will be JPY news PMI n CPI I just checked all JPY pair and found this might be interesting. Please review my manual drawing, any advices will be very appreciated as I am still trying hard to understand the proper way of Harmonic rhytim. UJ H4 I also plan to watch PA on EU D1 next week, seem intersting too {image} {image}
On EURUSD D1: I can't beleive I have not traded this pair this year. Well back to business! EURUSD D1 has been acting in that triangle(the blue lines) for months and the pair could breakout soon but, when I don't know.

There is also a Potential GaRtley but the Pivot retracement is not an exact measurement. However, The AB=CD is really accurate. If the Pattern completes I will watch price action carefull to see if I will be taken this trade. Thanks for the Heads Up
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 59 KB

On the monthly we have this
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 47 KB
goodluck
  • #4,622
  • Jul 25, 2021 7:12am Jul 25, 2021 7:12am
Quoting alphabear
{quote} On EURUSD D1: I can't beleive I have not traded this pair this year. Well back to business! EURUSD D1 has been acting in that triangle(the blue lines) for months and the pair could breakout soon but, when I don't know. There is also a Potential GaRtley but the Pivot retracement is not an exact measurement. However, The AB=CD is really accurate. If the Pattern completes I will watch price action carefull to see if I will be taken this trade. Thanks for the Heads Up {image} On the monthly we have this {image}goodluck
Thanks so much Alpha
Hope everyone gets green pips
  • #4,623
  • Jul 25, 2021 9:13am Jul 25, 2021 9:13am
Quoting alphabear
First up: AUDCAD D1 From the Fundamental perspective, the Aussie is not doing that great. Due to the lock-down, the Covid-19 lock down is bad for the Health of the Aussie and not just for the people that use it the most. However, from the Technical perspective. The Aussie is ripe and ready to be plug. The low hanging fruit you know. Buying the Aussie at this point comes with little risk but great reward. So, check it out. {image}
please can someone teach me how to draw this harmonic stuff
  • #4,624
  • Jul 25, 2021 10:48am Jul 25, 2021 10:48am
Quoting Nnamdihussla
{quote} please can someone teach me how to draw this harmonic stuff
Go to https://harmonictrader.com/ and learn from the grand mater himself, Scott Carney. Download the free videos cause thats what I did. watch it over and over until it is under stood by you. Get a nice jolter and neatly draw out the patterns for reference sake. Don't trade live use demo instead till you truly understand the pattern
  • #4,625
  • Jul 30, 2021 9:40pm Jul 30, 2021 9:40pm
Hi fellow harmonic rhythm traders, I just found this GU MN chart, might be for long journey since MN chart, will need more drill down to lower tf to find a good entry
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MN.png Size: 47 KB
Hope everyone gets green pips
  • #4,626
  • Aug 2, 2021 11:24am Aug 2, 2021 11:24am
Dear fellow traders, I am watching closely PA on EJ H1 n H4, seems interesting if it can confirm to bounce , but not sure to enter as it is early morning in my place, I am sleepy enough now
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY H1.png Size: 56 KB
Hope everyone gets green pips
  • #4,627
  • Edited 8:41pm Aug 2, 2021 1:24pm | Edited 8:41pm
Quoting anubieonly
Dear fellow traders, I am watching closely PA on EJ H1 n H4, seems interesting if it can confirm to bounce , but not sure to enter as it is early morning in my place, I am sleepy enough now {image}
I took it


edit : hit my tp 129.81, H1 so small pips
Attached Image (click to enlarge)
Click to Enlarge Name: c417ff2764a6615dc8cebcd9d1a3e2a1.png Size: 97 KB
Hope everyone gets green pips
  • #4,628
  • Aug 4, 2021 5:32am Aug 4, 2021 5:32am
X = JULY 29 High ( 0.7413)

A= AUG 02 Low ( 0.7328 )

B= Retraced to 88.6 of X & A ( 0.7408) 03 AUG

C= Retraced 61.8 of A & B = C

D expected 0.7468 161.8% of X & A ( BC 224.00%)

Formation DEEP Crab

I already have a runner from 0.7365 looking to add again from 0.7402 or below stops ( 0.7375)



Please share your input


Thanks

@alphabear

@anubieonly
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD#H4.png Size: 41 KB
We cannot direct the winds but we can adjust our sail.
  • #4,629
  • Aug 4, 2021 5:39am Aug 4, 2021 5:39am
Silver Shark Pattern formation


Small runner from 28/07/21 ( 24.95 )


looking to long another from 25.40 region


tp region 26.30 Ish

and go short subject to PA and PRZ

Kindly share your views
Attached Image (click to enlarge)
Click to Enlarge Name: SILVER#H4.png Size: 46 KB
We cannot direct the winds but we can adjust our sail.
  • #4,630
  • Aug 4, 2021 6:08am Aug 4, 2021 6:08am
Quoting posterboy
X = JULY 29 High ( 0.7413) A= AUG 02 Low ( 0.7328 ) B= Retraced to 88.6 of X & A ( 0.7408) 03 AUG C= Retraced 61.8 of A & B = C D expected 0.7468 161.8% of X & A ( BC 224.00%) Formation DEEP Crab I already have a runner from 0.7365 looking to add again from 0.7402 or below stops ( 0.7375) Please share your input Thanks @alphabear @anubieonly {image}
Hi Posterboy, I think interesting also silver, honestly I am a new to harmonic rhythm, from the calculation it should be good both AU and Silver, I am also watching NJ and NCAD right now, NCAD still waiting while NJ I just entered.
Might be Alpha can review more our drawing, he seems not online for many days, hope Alpha is always ok

from fibo calculation I think silver and AU already precisely
Hope everyone gets green pips
  • #4,631
  • Aug 4, 2021 6:10am Aug 4, 2021 6:10am
NJ H4 seems good to sell for moment, but already run a bit, sorry late to post since I hv a doubt also NZD is in good condition I think Aug 16 NZD has a prob to increase rate, but just my guess

add NZDCAD still watching its PA no reversal so far but will enter if reversal on M15,30
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 42eb40a2a0dfa6c88a1f2965aea40f64.png Size: 87 KB
Click to Enlarge Name: da5c80717b370bc229db61b8acdf2d50.png Size: 116 KB
Hope everyone gets green pips
  • #4,632
  • Aug 4, 2021 8:03am Aug 4, 2021 8:03am
Quoting anubieonly
NJ H4 seems good to sell for moment, but already run a bit, sorry late to post since I hv a doubt also NZD is in good condition I think Aug 16 NZD has a prob to increase rate, but just my guess add NZDCAD still watching its PA no reversal so far but will enter if reversal on M15,30 {image} {image}
NJ I close all long before and now short closed too, NCAD Iwill forget seems CAD is too weak might be will go down but not strong I saw
For AU, NU, gold, silver seems it will still go up and fill the path on posterboy drawing, but hv patience might be will sideway until Friday NFP news
Just my newbie opinion and be wrong too
Hope everyone gets green pips
  • #4,633
  • Aug 4, 2021 8:38am Aug 4, 2021 8:38am
Quoting anubieonly
{quote} NJ I close all long before and now short closed too, NCAD Iwill forget seems CAD is too weak might be will go down but not strong I saw For AU, NU, gold, silver seems it will still go up and fill the path on posterboy drawing, but hv patience might be will sideway until Friday NFP news Just my newbie opinion and be wrong too
Hey Bro


I jumped/chickened out of silver early @25.90

i Had to re-draw my Pattern I saw some potential PRz @25.93
We cannot direct the winds but we can adjust our sail.
  • #4,634
  • Aug 4, 2021 8:40am Aug 4, 2021 8:40am
Greetings


My eye is on the New Bank


CHF

@anubieonly


Text BOOk BAT


pls have a look and share your input


apologies Just lazy to write all the Numbers and extentions
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF#Daily.png Size: 43 KB
We cannot direct the winds but we can adjust our sail.
  • #4,635
  • Aug 4, 2021 9:06am Aug 4, 2021 9:06am
Quoting posterboy
Greetings My eye is on the New Bank CHF @anubieonly Text BOOk BAT pls have a look and share your input apologies Just lazy to write all the Numbers and extentions {image}
MINI 0.20 In @ 0.9021

SL 0.8995


TP 0.9110

TP 0.9160
We cannot direct the winds but we can adjust our sail.
  • #4,636
  • Aug 4, 2021 9:23am Aug 4, 2021 9:23am
Quoting posterboy
Greetings My eye is on the New Bank CHF @anubieonly Text BOOk BAT pls have a look and share your input apologies Just lazy to write all the Numbers and extentions {image}
ah sorry just see this bro, hope u did enter as PMI US news is really good so USD have flew
Hope everyone gets green pips
  • #4,637
  • Aug 4, 2021 9:30am Aug 4, 2021 9:30am
Quoting posterboy
{quote} Hey Bro I jumped/chickened out of silver early @25.90 i Had to re-draw my Pattern I saw some potential PRz @25.93
I think usd now go stronger, xau and silver affect too need to redraw all xxxusd, I did actually shorted xau based on triple top and bearish shark harmonic, now not sure with xau n silver but still plan for long nzd pairs before Aug 16 might be short audnzd n long nzdcad my plan just based on released data not technical
Attached Image (click to enlarge)
Click to Enlarge Name: 38b8b39ddf620dd93edfeb2fe7766054.png Size: 97 KB
Hope everyone gets green pips
  • #4,638
  • Aug 4, 2021 9:41am Aug 4, 2021 9:41am
Quoting anubieonly
{quote} I think usd now go stronger, xau and silver affect too need to redraw all xxxusd, I did actually shorted xau based on triple top and bearish shark harmonic, now not sure with xau n silver but still plan for long nzd pairs before Aug 16 might be short audnzd n long nzdcad my plan just based on released data not technical {image}


Man

I love your charts


attach Find H1


And have a look at H4 long term view

I place my stop for the sell @ 1821.9

and let the runner run
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GOLD#H4.png Size: 46 KB
Click to Enlarge Name: GOLD#H1.png Size: 61 KB
We cannot direct the winds but we can adjust our sail.
  • #4,639
  • Aug 4, 2021 9:44am Aug 4, 2021 9:44am
Quoting anubieonly
{quote} ah sorry just see this bro, hope u did enter as PMI US news is really good so USD have flew


Yes Im In CHF Trade


@ 9021.2
We cannot direct the winds but we can adjust our sail.
  • #4,640
  • Aug 4, 2021 9:50am Aug 4, 2021 9:50am
Quoting anubieonly
{quote} I think usd now go stronger, xau and silver affect too need to redraw all xxxusd, I did actually shorted xau based on triple top and bearish shark harmonic, now not sure with xau n silver but still plan for long nzd pairs before Aug 16 might be short audnzd n long nzdcad my plan just based on released data not technical {image}

I will look at these pairs NZD ( AUDNZD) NZD/CAD

I only trade majors

eur
aud
xau
silver
oil
Seldom GBP
CHF
CAD

adding your pair to my watch list perhaps we can tag team and share views


cheers


awesome outcome today

Thanks buddy


@ alphabear

pls return soon you BUgger I still need to work on my entries
We cannot direct the winds but we can adjust our sail.
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