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Making Bank: The Harmonic rhythm of the market

  • #5,781
  • Nov 23, 2022 3:18am Nov 23, 2022 3:18am
Hey guys, maybe someone can recommend a book how to read and learn about harmonic trading?
  • #5,782
  • Nov 23, 2022 3:31am Nov 23, 2022 3:31am
Quoting normis
Hey guys, maybe someone can recommend a book how to read and learn about harmonic trading?
I will do something about that before or on Monday
  • #5,783
  • Edited 4:15am Nov 23, 2022 4:05am | Edited 4:15am
Quoting normis
Hey guys, maybe someone can recommend a book how to read and learn about harmonic trading?

maybe you will need it
Attached File(s)
File Type: pdf Harmonic Trading Volume 1.pdf   7.4 MB | 391 downloads
Attached File(s)
File Type: pdf Scott M Carney -Harmonic Trading, Vol. 2.pdf   7.6 MB | 293 downloads
Attached File(s)
File Type: pdf neoHarmonicsCheatSheet.pdf   5.8 MB | 329 downloads
File Type: pdf Harmonic Trader.pdf   3.0 MB | 309 downloads
-Fill your head with knowledge - Arief -
  • #5,784
  • Nov 23, 2022 4:08am Nov 23, 2022 4:08am
Quoting SocTrang83
{quote} maybe you will need it {image}{image}
This is great, thanks
  • #5,785
  • Nov 23, 2022 4:28am Nov 23, 2022 4:28am
Quoting alphabear
{quote} This is great, thanks
i will wait for your part maybe i will learn something
-Fill your head with knowledge - Arief -
  • #5,786
  • Nov 23, 2022 8:52am Nov 23, 2022 8:52am

UJ short in
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 29 KB
don´t follow me,you will loose your moneyy
  • #5,787
  • Nov 23, 2022 9:54am Nov 23, 2022 9:54am
Quoting alphabear
{quote} I just added more shorts to my GU
You still hold short?
  • #5,788
  • Nov 23, 2022 8:15pm Nov 23, 2022 8:15pm
Quoting SocTrang83
Waiting for the market for more clues {image}
morning

exit protect profit , potential bearish baby shark
-Fill your head with knowledge - Arief -
  • #5,789
  • Nov 23, 2022 8:21pm Nov 23, 2022 8:21pm
Quoting mmo1991
{quote} You still hold short?
xin chào
-Fill your head with knowledge - Arief -
  • #5,790
  • Nov 23, 2022 8:48pm Nov 23, 2022 8:48pm
Quoting mmo1991
{quote} You still hold short?
Yeah! All my old trades are not doing great but prices are still in the PRZ for most, I just added some position again. I will exit if the patterns are voided.

You won't believe me but something terrible happened to me yesterday, somehow my network provider (MTN) chose the whole of yesterday to not provide good internet services(they short down completely in me zone). I was unable to access the internet after commenting on @mmo1991 and @soctrang83's post. I just woke up now to see that network has been restored and price has reversed on all my trades. Based on price actions I would have exited(if I was around) and waited for price at juicy locations with less risk and high rewards to reenter but unfortunately I found myself in this position due to the incompetence of a third party services.
  • #5,791
  • Nov 23, 2022 8:48pm Nov 23, 2022 8:48pm
I'm often wrong more than right
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.tffH1.png Size: 24 KB
-Fill your head with knowledge - Arief -
  • #5,792
  • Edited 9:48pm Nov 23, 2022 9:29pm | Edited 9:48pm
Quoting alphabear
{quote} TP1 hit{image}Closed after uploads
This is what I would have done on most of those trades, exit at TP1 or after a trendline is broken and reenter when price enter the PRZ (type-II)(I took this trade previously and exited at TP1)
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 17 KB
Look at the chart above carefully, I entered this trade at the Tokyo session (when I should be sleeping)
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png1.png Size: 17 KB
But in London session price rally against me, instead of panicking and exiting I looked at my chart to understand what is happening and saw that my bat pattern was voided but price has also activated another pattern, a crab pattern. So, instead of exiting I added more position to see how the crab plays out. And here we are
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 18 KB
Hopefully soon, I will find a better way of explaining how to handle this kinds of situations in detail. Any body can read any book(s) on technical analysis and become good at patterns identification and still remain unprofitable trader because of situations like this but things don't always happen the way it is in those books. So, when I find a way I will be explaining based on my view of the market and my trading experience. Trade closed after photo was taken
  • #5,793
  • Nov 23, 2022 9:41pm Nov 23, 2022 9:41pm
Quoting alphabear
{quote} Yeah! All my old trades are not doing great but prices are still in the PRZ for most, I just added some position again. I will exit if the patterns are voided. You won't believe me but something terrible happened to me yesterday, somehow my network provider (MTN) chose the whole of yesterday to not provide good internet services(they short down completely in me zone). I was unable to access the internet after commenting on @mmo1991 and @soctrang83's post. I just woke up now to see that network has been restored and price has reversed on...
Actually I am hold long Eu, Au, Gu
I have different view. My bias is uptrend so I enter some buy trade. I will close today and switch to sell with you.
Anyway monthly chart is up so I will find some entry to buy when price hit lower.
  • #5,794
  • Nov 23, 2022 9:42pm Nov 23, 2022 9:42pm
Quoting alphabear
{quote} This is what I would have done on most of those trades, exit at TP1 or after a trendline is broken and reenter when price enter the PRZ (type-II)(I took this trade and previously and exited at TP1){image}Look at the chart above carefully, I entered this trade at the Tokyo session (when I should be sleeping){image}But in London session price rally against me, instead of panicking and exiting I looked at my chart to understand what is happening and saw that my bat pattern was voided but price has also activated another pattern, a crab pattern....
wow great deal alphabear
-Fill your head with knowledge - Arief -
  • #5,795
  • Edited 3:25am Nov 24, 2022 12:25am | Edited 3:25am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Attached File(s)
File Type: ex4 harmonic.ex4   365 KB | 177 downloads
  • #5,796
  • Nov 24, 2022 12:56am Nov 24, 2022 12:56am
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 22 KB
-Fill your head with knowledge - Arief -
  • #5,797
  • Nov 24, 2022 3:08am Nov 24, 2022 3:08am
Quoting SocTrang83
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
  • #5,798
  • Nov 24, 2022 3:16am Nov 24, 2022 3:16am
Quoting SocTrang83
I'm often wrong more than right {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
  • #5,799
  • Nov 24, 2022 3:35am Nov 24, 2022 3:35am
@Teatime and @row and our other guys that brought in more diversity into this thread at one point (Elliot wave and order flow guys) how are you all doing? It's been a while we've see you guys here.
  • #5,800
  • Nov 24, 2022 3:54am Nov 24, 2022 3:54am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
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