Making Bank: The Harmonic rhythm of the market

Still holding CADUSD on the weekly

Same with AUDUSD on the daily

NZDUSD Too on the weekly

Here is something for this week: I will be watching price action on NZDJPY on H4 and the daily TF closely

EURJPY on the daily TF too. All my exited trades patterns (previously shared patterns) are still valid and I will take trades on them if price offers something cheap

for kourosh1347

forgot name of that platform for harmonics

harmonichi?

tried it and found very misleading

same happened with point zero

several years ago downloaded ZUP patterns from old threads on FF
and tested them in various combinations for long time

came to conclusion
reliabe patterns (rare repainting and big chance price to return to b/e if it happens) are

1.for pipping

121
bat(s)
max gartley
max butterfly
shark.........50/50

2. for reversal

dragon
3 drives
deep crab
henry.........used as a warning

sometimes continuation is very helpful

3.very important
ma 50 100 200 1000

4. price boundaries

purely patterns especially on lower tf can get entry into big drawdown
stoploss is not the answer it can only drain yr depo
averaging and lock shud be considered instead

5. double(d) triple(d) patterns show practically sure profit

6. for high probability entry one shud combine at least two and preferably three components
patterns ma and pb

compare two charts for entry short pound at 1.16
yrs shows only standalone pattern
mine two reversals

although i post screens with my system on forex i do not trade it but only indexes
coz i do not believe in successful currency trading
and neither knew nor heard of anyone being profitable on long run
at best staying b/e after years of hard and nerve wrecking attempts to get wealthy is not a good idea

You can change the values .

I will be happy to tell you what patterns with what values to add to it to make it better

how is this indi-platform called and where to download it from for mt4?

in ZUP 151 and higher one can create ones own patterns without knowing programming

Wow! This is really interesting. Well I respect your opinion but don't you think its unfair for you to spam this thread with charts that you don't even believe in?

CNTrader created this thread for pure trading without indicators or scanners. It's not for signal provision. So, please stop spamming this thread. I've been a regular on this thread for more than 3 years now and I have not had as much post as you that just started posting a few days ago.

Please check page one of this thread and also check those that were posting here before you started, they were all posting live trades.

Please find another thread that align with your ideology, obviously your ideology doesn't aligh with that of CNTrader. Don't you think so? It will be the most ethical and logical thing to do.

’’……..to have a place we can ……..have an interchange of Ideas……...’’

this is what we are doing

‘’welcome anyone ...to share whatever they would like to share……...’’

i share mine

‘’It doesn't have to be harmonics……...’’

even so?

‘’…...but it does have to be respectful to everyone else’’

where is disrespect?

‘’Pissing contests will not be tolerated……...’’

not contest but comparison of entries

‘’If you want to brag then by all means go ahead and brag if it makes you feel good……...’’

seems nigerian polar bear has chosen this thread just for that

‘’I reserve the right to change the rules……...’’

he s been seen on forum last time two years ago

‘’What this thread will not be: This will not be a thread where I will be providing any training……...’’

but we do not ask for training and do not sell anything

‘’For the record: I DO NOT USE AN INDICATOR TO FIND MY PATTERNS, so PLEASE don't ask for one!!!!!!!’’

we are ready to offer ours

‘’I like to use the Harmonic rhythm of the market in combination with price behavior and a confluence of other things to determine High probability entry and exit strategies……...’’

this is what i fully agree with and mentioned same approach in one post

‘’I'm a full time trader……...’’

better to say full of free time trader…...now.....

‘’me……...and that my friends is to Make BANK!!!’’

his bank appears to have happened too heavy with profit and squashed him……...a couple of years ago



‘’Wow! This is really interesting. Well I respect your opinion but don't you think its unfair for you to spam this thread with charts that you don't even believe in?’’

why? i believe that harmonic patterns are very helpful for finding good entries
simply think that in forex with its sudden spikes they are not abe to save the day and trade only nasdaq and dow myself

‘’CNTrader created this thread for pure trading without indicators or scanners. It's not for signal provision.’’

ZUP has no scanner unlike other indis shown here

‘’So, please stop spamming this thread.’’

i certainly will……...posting……...
and invite those who are interested in serious discussion to my thread (although it was initially disigned as a storage of possible entry samples)

‘’I've been a regular on this thread for more than 3 years now ……...’’

it gives u no any special rights

‘’ …….I have not had as much post as you that just started posting a few days ago’’

simply it mostly was a weekly report (h1 h4 daily charts) of indexes and majors

‘’Please check page one of this thread and also check those that were posting here before you started, they were all posting live trades.’’

have read all thread and it is full of charts without any position

‘’Please find another thread that align with your ideology, obviously your ideology doesn't aligh with that of CNTrader. Don't you think so? It will be the most ethical and logical thing to do’’

i have my own and post somewhere else only to find really motivated traders who can participate in honing already existing system (rather approach to define entry moment more reliably)

no regards……...

Wonderful Alphabear you have great patient.

CNTrader having a member like you is so precious, FF always have trading masters, if we feel that and it's most importantly it fits our ideals, then I'm sure you have found it, and me too, maybe we are one of the luckiest FF LOL, we trade what we learn and we believe, sorry i'm just a young man who doesn't have much life experience and how to treat people if I said something wrong I apologize
Have a good day sir

To everyone who is in one way or the other contributing to this thread, I apologize if you find my reply to someone spamming this thread above offensive.

I am not against the use of SCANNER/INDICATOR, and you can see that from my previous posts.

All what I was trying to pass was WE SHOULD PRACTICE WHAT WE PREACH.

As a continueous learner I always learn a thing or two from your great posts here, so please continue sharing what you've always been sharing. Thanks

Its alright. We move on to our normal trading activities. It's a new week so goodluck with your trading

EC h1

You're are almost there.