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Making Bank: The Harmonic rhythm of the market

  • #6,121
  • Feb 17, 2025 4:07pm Feb 17, 2025 4:07pm
Quoting alphabear
{quote} 'When I have a strong bias, It blinds me from listening to price action which is the Key.
Very true!!....but I find it difficult to ignore.
Its all just one persons opinion
  • #6,122
  • Feb 20, 2025 1:44pm Feb 20, 2025 1:44pm
Quoting alphabear
I'm watching these JPY pair, they could be a breakout in either direction {image} {image}
CADJPY closed
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  • #6,123
  • Feb 20, 2025 1:47pm Feb 20, 2025 1:47pm
Quoting alphabear
I'm watching these JPY pair, they could be a breakout in either direction {image} {image}
GPJPY closed
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and EURusd closed
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  • #6,124
  • Jun 6, 2025 8:55pm Jun 6, 2025 8:55pm
Where are you CN Trader??
Miss you buddy
  • #6,125
  • Jul 2, 2025 10:50am Jul 2, 2025 10:50am
Hello Guys! Here is a bullish FLAG PATTERN on Gold H1 T.F. Buying now or around the trendline should be good as price has broken and retested the potential reversal zone (PRZ). Targets levels are: TP1= 3,357.909 and TP 2 = 3,382.734. What is your thoughts on Gold? Let us know in the comment below.
Never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading.
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  • #6,126
  • Jul 2, 2025 4:52pm Jul 2, 2025 4:52pm
Quoting alphabear
Hello Guys! Here is a bullish FLAG PATTERN on Gold H1 T.F. Buying now or around the trendline should be good as price has broken and retested the potential reversal zone (PRZ). Targets levels are: TP1= 3,357.909 and TP 2 = 3,382.734. What is your thoughts on Gold? Let us know in the comment below. Never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading. {image}
first target hit
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  • #6,127
  • Jul 4, 2025 3:22am Jul 4, 2025 3:22am
Quoting alphabear
Hello Guys! Here is a bullish FLAG PATTERN on Gold H1 T.F. Buying now or around the trendline should be good as price has broken and retested the potential reversal zone (PRZ). Targets levels are: TP1= 3,357.909 and TP 2 = 3,382.734. What is your thoughts on Gold? Let us know in the comment below. Never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading. {image}
XAUUSD H1 (Gold) update: As you may have already known, good economic data was out yesterday. Which gave the USD some mojo and drove price back into the PRZ, the good news now is that price has broken out out of the PRZ again. Which means bulls are trying to take control of the market once more. If you want to buy this pair doing so now should be good.
Never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading.
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  • #6,128
  • Jul 4, 2025 3:44am Jul 4, 2025 3:44am
Quoting alphabear
{quote} XAUUSD H1 (Gold) update: As you may have already known, good economic data was out yesterday. Which gave the USD some mojo and drove price back into the PRZ, the good news now is that price has broken out out of the PRZ again. Which means bulls are trying to take control of the market once more. If you want to buy this pair doing so now should be good. Never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading. {image}
On the other hand, a more cautious approach would be to wait for the neckline breakout of this potential HEAD AND SHOULDERS pattern, a bullish candle close above 3370.59 would confirm that. Again never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading.
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  • #6,129
  • Jul 4, 2025 4:32am Jul 4, 2025 4:32am
Quoting alphabear
{quote} On the other hand, a more cautious approach would be to wait for the neckline breakout of this potential HEAD AND SHOULDERS pattern, a bullish candle close above 3370.59 would confirm that. Again never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading. {image}
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  • #6,130
  • Jul 4, 2025 4:56am Jul 4, 2025 4:56am
On EURCAD, daily! we have a channel pattern formation. As for now my bias is bearish(a bullish breakout is a possibility). I'm expecting price to come down and retest the channel's support line. Selling in/around the PRZ and targeting the channel's support line should be great. Be flexible and always follow price action. And let me repeat myself again. I repeat! Never risk more that 1% of your account and always do your own due diligence. Keep it simple and happy trading.
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  • #6,131
  • Jul 15, 2025 4:20am Jul 15, 2025 4:20am
Quoting alphabear
{quote} On the other hand, a more cautious approach would be to wait for the neckline breakout of this potential HEAD AND SHOULDERS pattern, a bullish candle close above 3370.59 would confirm that. Again never risk more that 1% of your account and do your own due diligence. Keep it simple and happy trading. {image}
Price is just crawling here, but we're making some positive progress. Hopefully CPI data comes in favour of this trade or Trump helps by stirring something up. Base on price action my bias is still bullish (subject to PA). We have a break of structure already which is a good sign, price already broke the 'confirmation marker' twice but failed to close above.
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  • #6,132
  • Edited 4:53am Jul 15, 2025 4:35am | Edited 4:53am
A Bullish triangle breakout here on USDJPY, Daily. I am waiting for price to dip before adding more positions (CPI might help). If you're considering taking this trade then make sure you factor in correlation. Target: 1@ 151.423 and 2@ 152.981. This are all long term trades so patience is greatly required here
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  • #6,133
  • Jul 15, 2025 10:18am Jul 15, 2025 10:18am
Here is a bearish wedge breakout on EURUSD. Waiting for a pullback after today's bearish candle close should be great. Targets: [email protected] and [email protected]
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  • #6,134
  • Jul 15, 2025 10:25am Jul 15, 2025 10:25am
Quoting alphabear
{quote} Price is just crawling here, but we're making some positive progress. Hopefully CPI data comes in favour of this trade or Trump helps by stirring something up. Base on price action my bias is still bullish (subject to PA). We have a break of structure already which is a good sign, price already broke the 'confirmation marker' twice but failed to close above. {image}
Gold update: I am still watching price action here. For now price is heading south hopefully it finds support soon
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  • #6,135
  • Jul 15, 2025 10:30am Jul 15, 2025 10:30am
Quoting alphabear
On EURCAD, daily! we have a channel pattern formation. As for now my bias is bearish(a bullish breakout is a possibility). I'm expecting price to come down and retest the channel's support line. Selling in/around the PRZ and targeting the channel's support line should be great. Be flexible and always follow price action. And let me repeat myself again. I repeat! Never risk more that 1% of your account and always do your own due diligence. Keep it simple and happy trading. {image}
EurCad update: We are now in profit. Targets at: [email protected] and [email protected]
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  • #6,136
  • Jul 15, 2025 10:35am Jul 15, 2025 10:35am
we have a channel breakout on GBPUSD
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  • #6,137
  • Jul 15, 2025 10:40am Jul 15, 2025 10:40am
Here is a bullish wedge on USDCAD, I just bought this. I am tired no will update later. In all you do, never forget to carryout a risk analysis
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  • #6,138
  • Jul 17, 2025 5:11pm Jul 17, 2025 5:11pm
Hey Guys,

It's been awhile since I've been here, however, last time I was here I was trying to get into harmonic trading.

Fast forward a few years and I've build myself a Harmonic Pattern indicator that strictly follows Scott Carneys rules. with only a 3% deviation, based on the pattern.

I've just finished it, or at least I think I have.

Wondering if someone can validate it for me?

It could do with a little more formatting, but its a start.

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  • #6,139
  • Jul 17, 2025 5:14pm Jul 17, 2025 5:14pm
for reference, this is all automatically plotted, there is no manual drawing, I'm hoping to eventually share this out as a trading system on tradingview, if it works!
  • #6,140
  • Jul 22, 2025 4:12pm Jul 22, 2025 4:12pm
Quoting alphabear
{quote} Gold update: I am still watching price action here. For now price is heading south hopefully it finds support soon {image}
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