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Making Bank: The Harmonic rhythm of the market

  • #801
  • Jan 31, 2014 10:43am Jan 31, 2014 10:43am
Quoting CNTrader
GM Traders. Well its been a Fantastic year this month with some very nice Bank getting booked. Hope you all have enjoyed and participated in the fun. Have a fantastic weekend. Here is a little something for you to remember me by. http://www.youtube.com/watch?feature...&v=jlJvJye9c_M Love this song lol. Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata

ROFL im not gonna remember you cause of your looks, thats for sure... hahaha thanx buddy

AJ chart update. sl at 88.29, any thoughts? Have a great weekend! GRAAAAAAACEEE! hahahaha miss you!
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Improvise, Adapt, Overcome.
  • #802
  • Jan 31, 2014 5:25pm Jan 31, 2014 5:25pm
CNTrader I'm still practicing spotting these harmonics but thanks to you maybe it is finally coming into place Can this be a potential bullish bat on EURUSD daily? Would make sense with your USDCHF harmonics you previously drew...your thoughts? Thanks again!
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  • #803
  • Feb 1, 2014 7:36am Feb 1, 2014 7:36am
Thanks CN trader for your input. Hope to have a profitable Feb.
  • #804
  • Feb 1, 2014 10:16am Feb 1, 2014 10:16am
Quoting cemfx
CNTrader I'm still practicing spotting these harmonics but thanks to you maybe it is finally coming into place Can this be a potential bullish bat on EURUSD daily? Would make sense with your USDCHF harmonics you previously drew...your thoughts? Thanks again! {image}

Hey Cem. To answer your question...technically the answer is no. Your C has violated A and has invalidated that pattern as a Bat. Please refer to first several post of the thread for more clarification. Although the daily did not close above the point A the 4hr did and price action on the daily violated it. That being said if you study and understand both Harmonics and price behavior the market will provide you with plenty of Harmonic paradise to bask in. lol So keep up the hard work and effort and you will get there. Here is just some of what I see as potential opportunities just looking at the Daily chart:

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At the moment I'm short longer term over all and Ill be keeping an eye on these and other areas for the behavior I like to see to execute and make bank regardless of direction.

As always.....Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #805
  • Feb 2, 2014 11:34am Feb 2, 2014 11:34am
UJ, there are many but this is one I have my eye on to watch reaction.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #806
  • Feb 2, 2014 11:56am Feb 2, 2014 11:56am
euraud h1
Attached Image
THERE IS NO SYSTEM
  • #807
  • Feb 2, 2014 1:11pm Feb 2, 2014 1:11pm
CADCHF
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THERE IS NO SYSTEM
  • #808
  • Feb 3, 2014 9:08am Feb 3, 2014 9:08am
Quoting CNTrader
{quote} Sorry P just saw this. I went to bed last night lol Here is what I'm watching on Gbp/Cad: Still room on the weekly: {image} Daily may want to correct and here are some possibilities that I am watching for: {image} 4hr may provide an opportunity to get involved with finishing the weekly off. {image} As always: Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata

Gbp/Cad update: Target 1 was attained on 4hr chart. Target 2 not far off either. stops rolled to BE and will continue to look for behavior on this potential Bat completion buy zone

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Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #809
  • Feb 3, 2014 9:34am Feb 3, 2014 9:34am
Quoting CNTrader
{quote} GM Traders. Here is an update on Eur/Aud looking at the 4hr chart this time. Looks like we may have a continuation on this one for target 3 but also will be looking at these areas for behavior. lets see. Patience is the name of the Game. Who has it? lol. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata

Eur/Aud update: Hey Traders Target 3 was attained for the short and now flat the short position and currently involved with this trade. That said we have Cash rate and rate statement tonight so I am very light on this one. Would not surprise me to see the board cleared on the Aussie pairs. Anyway here is the chart and as always.......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata


Attached Image (click to enlarge)
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Don't follow me! You can and most likely will LOSE all your money!!!!
  • #810
  • Feb 3, 2014 9:37am Feb 3, 2014 9:37am
Quoting Mr. Scott
UJ, there are many but this is one I have my eye on to watch reaction. {image}
Another on UJ, all we can do is watch the reaction.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #811
  • Feb 3, 2014 9:49am Feb 3, 2014 9:49am
Quoting CNTrader
{quote} Hahahaha!! Well maybe not zero but there is more room. But probably not today {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata

Usd/Cad update:

It only took an extra 20 days or so but on a weekly that's nothing lol. Anyway also currently involved with this and up 140 pips. There is still room to the upside so I will be paying attention to some lower time frames for behavior but for now letting it play out till at least Target 1.




Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
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Don't follow me! You can and most likely will LOSE all your money!!!!
  • #812
  • Feb 3, 2014 10:03am Feb 3, 2014 10:03am
Quoting Mr. Scott
{quote} Another on UJ, all we can do is watch the reaction. {image}

Nice Daily chart

I've been watching this for the past 2 weeks. Currently involved in this and watching for more areas to add to my longs on Usd/Jpy. My 2nd entry at 102.14 already hit target 1 and I lightened up considerably on it with an expectation for the butterfly area now with a developing ab=cd buy zone to attract some behavior. Here is a look at the 4hr chart I'm watching. It comes in same area you are watching on Daily.


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Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #813
  • Feb 3, 2014 11:41am Feb 3, 2014 11:41am
GJ Daily
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #814
  • Feb 3, 2014 12:35pm Feb 3, 2014 12:35pm
Quoting CNTrader
{quote} Eur/Aud update: Hey Traders Target 3 was attained for the short and now flat the short position and currently involved with this trade. That said we have Cash rate and rate statement tonight so I am very light on this one. Would not surprise me to see the board cleared on the Aussie pairs. Anyway here is the chart and as always.......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata {image}

Update Eur/Aud:

Target 1 attained and banked!

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Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #815
  • Feb 3, 2014 2:21pm Feb 3, 2014 2:21pm
Quoting CNTrader
{quote} Gbp/Cad update: Target 1 was attained on 4hr chart. Target 2 not far off either. stops rolled to BE and will continue to look for behavior on this potential Bat completion buy zone {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata

Update on Gbp/Cad:

Target 2 attained for about 420 pips banked on this trade so far. Target 3 is inside the buy zone so time will tell if we can extend down and get the behavior to finish off the weekly I posted last week.

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Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #816
  • Feb 3, 2014 2:27pm Feb 3, 2014 2:27pm
Quoting CNTrader
{quote} GM Traders, finally got involved with this trade yday and Target 1 was attained this morning. Entered slightly above my buy zone but hey that's where I saw my behavior so bank and roll baby lol {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata

Update on Eur/Gbp:

Still patiently waiting for my target 2 to make bank. Not to far away from here. That being said I have officially rolled my stops to BE on this trade.

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Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #817
  • Feb 3, 2014 2:56pm Feb 3, 2014 2:56pm
Hi,
Did you short this pair and now you're waiting for target 2 to close the remaining open position or
are you waiting got target 2 to open a long position?
Thanks
Marc
Quoting CNTrader
{quote} Update on Eur/Gbp: Still patiently waiting for my target 2 to make bank. Not to far away from here. That being said I have officially rolled my stops to BE on this trade. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
  • #818
  • Feb 3, 2014 8:03pm Feb 3, 2014 8:03pm
Quoting marcb
Hi, Did you short this pair and now you're waiting for target 2 to close the remaining open position or are you waiting got target 2 to open a long position? Thanks Marc {quote}

No Marc I am currently long. I was short and banked over 400 pips on the shorts to the AB=CD buy zone. I got my behavior there so entered long and patiently waiting for the trade to play out. That being said there is much more room to the downside so will be looking for behavior and other opportunities to get short as well. The beauty of having the skill of a Currency Ninja is that It doesn't mater which direction I make bank. The only thing that matters is that I make bank!! And oh do I make bank!! lol

As I always say: Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #819
  • Feb 4, 2014 2:51am Feb 4, 2014 2:51am
GBPUSDH1
alt bat
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THERE IS NO SYSTEM
  • #820
  • Feb 4, 2014 2:56am Feb 4, 2014 2:56am
USDJPYH1
INV AB=CD
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THERE IS NO SYSTEM
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