Making Bank: The Harmonic rhythm of the market

Quoting SLforex

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{image}

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Quoting CNTrader

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{quote} {quote} LOL Sukris, I appreciate the compliment. I admire your effort and continued dedication to learn. There is something there but not quite the crab you tried to draw and definitely no shark ahahah.. Technically it does not give a retrace of the a-b leg of at least .38 for the crab so that eliminates the pattern you drew. However if you perceive correctly there is a fantastic 3 drives pattern that has developed on the 1 hr and 4hr charts that fall into the same sell zone you have on your charts. It very difficult for the untrained to...

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Quoting CNTrader

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{quote} Gbp/Usd Update: Hey Traders here is an update on both what I am involved in with Gbp/Usd and what I'm watching. Scrolling down to the 4 hr chart we have a few possible patterns developing so I'm continuing to watch the behavior here this week and may add to my short position that was scaled down some at Target 1. Currently the stop for that trade is at break even. However If it gets stopped out and I still see the behavior to take short then I will enter another short. All that being said the data for the Pound dollar continues to be better...

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Quoting SLforex

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We are very close to Bearish shark pattern on eur/usd 1h. {image}

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Quoting CNTrader

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{quote} Hey Traders, here is an example of a trade I took last week. Target 2 was attained and I promised a video on this wonderful Harmonic pattern, The 3 drives pattern is based on the Elliot wave theory combined with Harmonic theory, and could be one of the most powerful patterns today when criteria is met. One of the first references to a Three Drives pattern was outlined in Robert Prechter's book, "Elliot Wave Principle." He described the general nature of price action that possessed either a three-wave or a five-wave structure. from this principle,...

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Quoting SLforex

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AUD/JPY bearish butterflay on daily chart. Be careful because the trend is up. {image}

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Quoting CNTrader

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{quote} Hey Traders, here is an example of a trade I took last week. Target 2 was attained and I promised a video on this wonderful Harmonic pattern, The 3 drives pattern is based on the Elliot wave theory combined with Harmonic theory, and could be one of the most powerful patterns today when criteria is met. One of the first references to a Three Drives pattern was outlined in Robert Prechter's book, "Elliot Wave Principle." He described the general nature of price action that possessed either a three-wave or a five-wave structure.

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Quoting CNTrader

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{quote} Hey Traders, here is an example of a trade I took last week. Target 2 was attained and I promised a video on this wonderful Harmonic pattern, The 3 drives pattern is based on the Elliot wave theory combined with Harmonic theory, and could be one of the most powerful patterns today when criteria is met. One of the first references to a Three Drives pattern was outlined in Robert Prechter's book, "Elliot Wave Principle." He described the general nature of price action that possessed either a three-wave or a five-wave structure. Adapted from...

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Quoting row

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A real nice 1HR EUR/CAD bearish bat set-up.....lets see how this one goes. {image}

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Quoting ruffryders

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possible setup on H4 EUR USD. lets see what gives. {image}

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Quoting Mr. Scott

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{quote} I see a potential deep crab set up, but I have this one as well. {image}

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Quoting SLforex

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{image}

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Quoting CNTrader

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{quote} Gbp/Usd Update: Hey Traders here is an update on both what I am involved in with Gbp/Usd and what I'm watching. Scrolling down to the 4 hr chart we have a few possible patterns developing so I'm continuing to watch the behavior here this week and may add to my short position that was scaled down some at Target 1. Currently the stop for that trade is at break even. However If it gets stopped out and I still see the behavior to take short then I will enter another short. All that being said the data for the Pound dollar continues to be better...

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Quoting CNTrader

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{quote} Aud/Usd Update: I have not been stopped out on these opportunities yet as my plan has left me with room to take both opportunities into consideration as well as the fact that it was FOMC week. Money management is key to this setup. That said if I do get stopped out then so what lol NEXT!!. I took the 15m trade sell zone with the Daily sell zone in consideration. The big brother aka Shark pattern sell zone has a wide area to cover that's what makes it so much fun right? lol. Anyway here is the chart and I have modified the targets somewhat...

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Quoting CNTrader

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Hey Traders, I've put out a lot of analysis on the Yen pairs the last few weeks. Here is a look at the Aud/Jpy cross. We have another high impact week with CB mumbo jumbo, rate decisions, and jobs reports out all week. Yup should be another great week for the dumb money to pay their dues That said, be careful and once again if you have no clue or you are a part of the dumb money club then do yourself or your account a favor....... grab some popcorn and enjoy the show from the cheap seats lol. Look for Usd/Jpy to show us some clues and expect...

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Quoting CNTrader

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{quote} Hey Traders, here is an example of a trade I took last week. Target 2 was attained and I promised a video on this wonderful Harmonic pattern, The 3 drives pattern is based on the Elliot wave theory combined with Harmonic theory, and could be one of the most powerful patterns today when criteria is met. One of the first references to a Three Drives pattern was outlined in Robert Prechter's book, "Elliot Wave Principle." He described the general nature of price action that possessed either a three-wave or a five-wave structure. Adapted from...

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