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Making Bank: The Harmonic rhythm of the market

  • #21
  • Jun 10, 2013 10:45am Jun 10, 2013 10:45am
Quoting CNTrader
{quote} Agree thats why this was in my first post.m Good luck and good trading: {quote}
With that said I will do my Harmonic analysis like I always do and share SOME of it with the traders on this thread. That is the purpose. I hope it will be helpful to all traders to get a clearer picture of Harmonics and how they can be useful in making trading decisions . However everyone must realize the risk associated with trading the currency market and make their own decisions on what they will do.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #22
  • Jun 10, 2013 10:55am Jun 10, 2013 10:55am
Quoting CNTrader
{quote} Agree thats why this was in my first post.m Good luck and good trading: {quote}

CNT I was not referring you
I am just curious if you also use Andrews pitchfork concepts as well which I am fan of that price travels to median line and either breaks or retreats.
What is your preferred TF.Are you day trader?or you hold positions longer.Thank you
In trading, you have to be defensive and aggressive at the same time
  • #23
  • Jun 10, 2013 11:15am Jun 10, 2013 11:15am
Quoting Davit
{quote} CNT I was not referring you I am just curious if you also use Andrews pitchfork concepts as well which I am fan of that price travels to median line and either breaks or retreats. What is your preferred TF.Are you day trader?or you hold positions longer.Thank you
I do not use pitchfork no sorry. I trade multiple time frames from tick all the way up to Monthly. I have a unique skill set that has and continues to provide me with all the pips I can possibly ever want and although it is not limited to Harmonics it does not include pitchfork. I have multiple accounts each designated for scalp, day trade, swing trade, and position trading. On this thread however I will be providing analysis on 15, 1hr, 4hr, daily, and sometimes weekly Harmonic potential set ups on multiple currency pairs. I hope you enjoy the thread and the analysis and may we all continue to make bank.
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #24
  • Jun 10, 2013 11:18am Jun 10, 2013 11:18am
Quoting CNTrader
{quote} I do not use pitchfork no sorry. I trade multiple time frames from tick all the way up to Monthly. I have a unique skill set that has and continues to provide me with all the pips I can possibly ever want and although it is not limited to Harmonics it does not include pitchfork. I have multiple accounts each designated for scalp, day trade, swing trade, and position trading. On this thread however I will be providing analysis on 15, 1hr, 4hr, daily, and sometimes weekly Harmonic potential set ups on multiple currency pairs. I hope you enjoy...
Now thats enough about me lets have some fun posting charts, analysis and trading and most importantly .....Making Bank!! lol
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #25
  • Jun 10, 2013 11:22am Jun 10, 2013 11:22am
Quoting Davit
{quote} CNT I was not referring you I am just curious if you also use Andrews pitchfork concepts as well which I am fan of that price travels to median line and either breaks or retreats. What is your preferred TF.Are you day trader?or you hold positions longer.Thank you
By the way if you want to post pitchfork analysis by all means feel free to do so but see if you can post Harmonic analysis in the way you like to do so as you said "to confirm" what you are seeing.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #26
  • Jun 10, 2013 11:29am Jun 10, 2013 11:29am
AUDJPY 15M BAT
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  • #27
  • Jun 10, 2013 11:51am Jun 10, 2013 11:51am
Quoting CNTrader
{quote} By the way if you want to post pitchfork analysis by all means feel free to do so but see if you can post Harmonic analysis in the way you like to do so as you said "to confirm" what you are seeing. Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Cool lets get down and dirty
I am looking for Cable short on weekly chart 61.8 fib 5780 area for C leg on Gartley pattern which is my favorite pattern AB=CD
On fundamentals side this move supports it as Feds are making noise easing off QE
I just hope it gets up that high then short it with vengeance.

Fibs are drawn by this cool indicator called Fibo Independence.Just draw a line (point to point)go to line edit and name the line FIB1 and line will show fib with numbers and with different colors of your choosing.Clean and neat.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.weekly.png Size: 56 KB
Attached File(s)
File Type: mq4 Fibo_Independence.mq4   13 KB | 1,565 downloads
In trading, you have to be defensive and aggressive at the same time
  • #28
  • Jun 10, 2013 12:27pm Jun 10, 2013 12:27pm
Quoting Davit
{quote} Cool lets get down and dirty I am looking for Cable short on weekly chart 61.8 fib 5780 area for C leg on Gartley pattern which is my favorite pattern AB=CD On fundamentals side this move supports it as Feds are making noise easing off QE I just hope it gets up that high then short it with vengeance. Fibs are drawn by this cool indicator called Fibo Independence.Just draw a line (point to point)go to line edit and name the line FIB1 and line will show fib with numbers and with different colors of your choosing.Clean and neat. {image} {file}...
Nice, matches up with the daily Gart sell zone posted earlier. I will be looking at that area too for the behavior to go short. Thanks for the contribution of the weekly analysis. Agree with fundamental noise but also to add to the US fed will be what Carney decides in July as some are expecting some pretty heavy QE from the BOE as the next catalysts. Will he delight or disappoint? Time tells all!! Good luck and good trading

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #29
  • Jun 10, 2013 12:35pm Jun 10, 2013 12:35pm
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net

Attached Image (click to enlarge)
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Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #30
  • Jun 10, 2013 12:47pm Jun 10, 2013 12:47pm
Quoting CNTrader
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
To keep things in their proper perspective here is a Monthly peak.

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Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #31
  • Jun 10, 2013 1:10pm Jun 10, 2013 1:10pm
Quoting CNTrader
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank

Great spot.I normally don't trade this pair but you made me take a second look.
Your entry short is spot on 68.2 fib plus more support structures on left.
I may join you
To those not familiar with Harmonics according to Scott Carney 88.6 fib is last chance for price to reverse if violated then pattern is void.I have that fib in black.
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In trading, you have to be defensive and aggressive at the same time
  • #32
  • Jun 10, 2013 1:25pm Jun 10, 2013 1:25pm
Quoting CNTrader
{quote} I do not use pitchfork no sorry. I trade multiple time frames from tick all the way up to Monthly. I have a unique skill set that has and continues to provide me with all the pips I can possibly ever want and although it is not limited to Harmonics it does not include pitchfork. I have multiple accounts each designated for scalp, day trade, swing trade, and position trading. On this thread however I will be providing analysis on 15, 1hr, 4hr, daily, and sometimes weekly Harmonic potential set ups on multiple currency pairs. I hope...
I have a unique skill set


Hey CN
Was that you in the movie TAKEN........??
  • #33
  • Jun 10, 2013 1:27pm Jun 10, 2013 1:27pm
Quoting CNTrader
Here is a look at Eur/Jpy 1hr chart I'm currently involved with. The price reversal zones are usually larger with the Shark pattern so trade accordingly if you like to trade this pattern. I will add a little more if it moves to the higher end of the sell zone before Target 1 is attained unless behavior tells me otherwis. High Wire no net {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
I traded this pair earlier today I took the CYPHER pattern at 129.77 and got burn.........Is there a reason why you didn't take the cypher pattern.....was it situation where you didn't saw the set-up or you dont trade cypher patterns.
  • #34
  • Jun 10, 2013 1:41pm Jun 10, 2013 1:41pm
Quoting Shaker
{quote} I have a unique skill set Hey CN Was that you in the movie TAKEN........??

Hahaha love that movie.........."Good Luck" lol
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #35
  • Jun 10, 2013 1:59pm Jun 10, 2013 1:59pm
Limit entry at $22.86 for SLW. I am buying at structure, expecting something like a pin bar which will wick to my price lol.....


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  • #36
  • Jun 10, 2013 1:59pm Jun 10, 2013 1:59pm
Quoting row
{quote} I traded this pair earlier today I took the CYPHER pattern at 129.77 and got burn.........Is there a reason why you didn't take the cypher pattern.....was it situation where you didn't saw the set-up or you dont trade cypher patterns.
I'm aware of the Cypher and I trade them if they meet my criteria. For me its simple i did not take it because of price behavior. If my price behavior requirement is met at that .786 location for the "cypher" then i will take it but it was not met so i looked to the shark instead and low and behold i got the behavior I was looking for. Hope that helps without getting into the specifics of the price behavior I look for as I do not want to use this thread as a forum for training just sharing my thoughts and analysis.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #37
  • Jun 10, 2013 2:53pm Jun 10, 2013 2:53pm
Quoting CNTrader
{quote} I'm aware of the Cypher and I trade them if they meet my criteria. For me its simple i did not take it because of price behavior. If my price behavior requirement is met at that .786 location for the "cypher" then i will take it but it was not met so i looked to the shark instead and low and behold i got the behavior I was looking for. Hope that helps without getting into the specifics of the price behavior I look for as I do not want to use this thread as a forum for training just sharing my thoughts and analysis. Enjoy, have fun, make...
I rarely trade the shark pattern but out of curiousity where do you set your stop........Is it just above the PPZ zone ? or do you have a different criteria.
  • #38
  • Jun 10, 2013 3:56pm Jun 10, 2013 3:56pm
Where's a good place to research more about harmonics?
  • #39
  • Jun 10, 2013 6:43pm Jun 10, 2013 6:43pm
Quoting biDc
Where's a good place to research more about harmonics?
Please see 1st 2 posts for a few recomendations. Then there is always Google. Good luck and good trading.

Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #40
  • Jun 10, 2013 7:14pm Jun 10, 2013 7:14pm
Hey Traders this is what I'm both involved with and looking at on a Gbp/Jpy 4hr chart

Attached Image (click to enlarge)
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Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Don't follow me! You can and most likely will LOSE all your money!!!!
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