GJ both H1 & H4 are showing this pattern
Attached Image (click to enlarge)
Making Bank: The Harmonic rhythm of the market
- #1,203
- Apr 20, 2014 10:34pm Apr 20, 2014 10:34pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Hey Traders, Here is an update on Gbp/Chf: Target 2 was attained and its retraced some into support and buy zone. I picked up additional long there as well but still PATIENTLY waiting for Target 3 to be attained. That being said there are some developing potential opportunities arising and I am watching these areas closely. All stops are at BE for profit preservation. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Target 3 attained. Leaving small amount of position open for possible target 4 with stops rolled to target 2. That said here is an updated chart of what I'm watching for potential sell zone behavior.
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!!!!
- #1,204
- Apr 21, 2014 2:29pm Apr 21, 2014 2:29pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Gbp/Nzd Dailly chart Update: This took some patience for a few weeks but Target 1 attained {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Well Traders this took some more time and some more patience lol but Target 2 is attained and stops have now been rolled on remaining. Also watching the sell zone along with some other developments on the lower time frames for opportunities. Here is a look at the Daily
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!!!!
- #1,205
- Apr 22, 2014 10:31am Apr 22, 2014 10:31am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders here are some other zones I have on my radar for Nzd/Usd. 1 hr chart {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
{quote} Nzd/Usd Update: Target 3 attained. Watching behavior in these zones and updated the charts some. China GDP and Industrial production in 3 mins {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Nzd/Usd Update:
Target 1 was attained and stops rolled to BE for the long. There is a big brother/little brother pattern developing here that I'm watching as well. Also some other developments are starting to present as well. I'm aggressive with the stop loss and will see if it can hold this structure. Please keop in mind we have rate decision and statement out tomorrow. Here is a look at the chart
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!!!!
- #1,206
- Apr 22, 2014 10:47am Apr 22, 2014 10:47am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders glad everyone seems to be enjoying the basic videos. They provide some basic edumacation lol, along with the basics they should help to answer a lot of questions I get everyday. With that said here is a new video on the Eur/Aud Daily chart. This video illustrates an opportunity to a very powerful trading pattern that happens and develops as price action respects then violates structure. As you can see I took a short on this currency pair with the anticipation of the structure breaking and therefore confirming a Head and Shoulders pattern....
Hey Traders here is an update on a video I did a little while back. Target 1 was attained and we have hit this area to be watching closely. As of now waiting patiently for the next 2 targets to get hit unless I see the behavior that tells me differently, which could very well happen soon. lool
Here is a look at the 4hr chart. The video was done on the daily.
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #1,207
- Apr 22, 2014 10:54am Apr 22, 2014 10:54am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} {quote} Nzd/Usd Update: Target 1 was attained and stops rolled to BE for the long. There is a big brother/little brother pattern developing here that I'm watching as well. Also some other developments are starting to present as well. I'm aggressive with the stop loss and will see if it can hold this structure. Please keop in mind we have rate decision and statement out tomorrow. Here is a look at the chart {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
This is on my sell plan.Almost certain rate will increase another .25 and I anticipate 87.50-88 to be hit.(sold twice already on each swing successfully)
Selling from these highs is very high probability trades since fundamentally NZ can't survive prolonged high currency when dairy prices are plummeting and 30% of NZ economy is dairy related.
Regards
In trading, you have to be defensive and aggressive at the same time
- #1,208
- Apr 22, 2014 10:58am Apr 22, 2014 10:58am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Hi CNT This is on my sell plan.Almost certain rate will increase another .25 and I anticipate 87.50-88 to be hit.(sold twice already on each swing successfully) Selling from these highs is very high probability trades since fundamentally NZ can't survive prolonged high currency when dairy prices are plummeting and 30% of NZ economy is dairy related. Regards
That's half the battle right there lol
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #1,210
- Apr 22, 2014 7:13pm Apr 22, 2014 7:13pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} GM Traders Target 2 was attained over nite on this trade. Nice patience for those who were able to get involved. There is more Harmonic paradise developments beginning to unfold with this pair so should be fun going forward. {image} Here is an Update on Gbp/Aud as well that I am currently involved in: {image} As always...... Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Target 1 attained Stops on both entries rolled to Break even. Another great opportunity to allow your patience to develop lol
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #1,211
- Apr 22, 2014 7:43pm Apr 22, 2014 7:43pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
{quote} Eur/Aud Update: Hey Traders here is an update on a video I did a little while back. Target 1 was attained and we have hit this area to be watching closely. As of now waiting patiently for the next 2 targets to get hit unless I see the behavior that tells me differently, which could very well happen soon. lool Here is a look at the 4hr chart. The video was done on the daily. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Have similar chart and also a potential point of interest.
The world you desire can be won. It exists.. it is real.. it is possible..
- #1,212
- Apr 22, 2014 7:45pm Apr 22, 2014 7:45pm
{quote} Gbp/Aud Update: Target 1 attained Stops on both entries rolled to Break even. Another great opportunity to allow your patience to develop lol {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Thanks for the pips!!
- #1,213
- Apr 22, 2014 7:53pm Apr 22, 2014 7:53pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Thanks for the pips!!
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #1,214
- Apr 22, 2014 8:35pm Apr 22, 2014 8:35pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Aud/Nzd Update: Target 1 attained with stops rolled to Break even {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Well Traders after being stopped out at Break even on the remaining short from the little brother pattern after target 1 was attained we got some beautiful behavior in the Big Brother sell zone. Target 1 is attained with stops once again rolled to BE. Also looking at these next areas of the Big brother/ little brother potential developments for behavior in the buy zone. Did I ever mention how much I love these patterns? lol.
Patience and discipline once again show their willingness to reward. Here is a look at the updated chart.
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #1,215
- Apr 22, 2014 8:57pm Apr 22, 2014 8:57pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Still patiently waiting on the trade to develop but here is an update on the Aud/Usd Daily chart {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Hey Traders I have basically walked you step by step through this trade despite the self proclaimed gurus that show up every now and again to act like they know lol. It's all good though cause the only thing that matters is ...Are you Making Bank!! Target 1 attained. Did I mention I love these opportunities when they present?
lol anyway here is the chart update. Once again patience and discipline prevail and reward
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #1,216
- Apr 22, 2014 9:10pm Apr 22, 2014 9:10pm
{quote} Aud/Usd Update: Hey Traders I have basically walked you step by step through this trade despite the self proclaimed gurus that show up every now and again to act like they know lol. It's all good though cause the only thing that matters is ...Are you Making Bank!! Target 1 attained. Did I mention I love these opportunities when they present?
Im also busy banking pips
{quote} Gbp/Aud Update: Target 1 attained Stops on both entries rolled to Break even. Another great opportunity to allow your patience to develop lol {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
I just cant believe the entries you get...awesome job CN.
- #1,218
- Edited 2:48pm Apr 23, 2014 2:34pm | Edited 2:48pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} {quote} Nzd/Usd Update: Target 1 was attained and stops rolled to BE for the long. There is a big brother/little brother pattern developing here that I'm watching as well. Also some other developments are starting to present as well. I'm aggressive with the stop loss and will see if it can hold this structure. Please keop in mind we have rate decision and statement out tomorrow. Here is a look at the chart {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! Hakuna Matata
Nzd/Usd Update:
Hey Traders got involved with this second entry earlier today and watching some of these new developments. Targets 1 and 2 are attained on second entry marked by the yellow lines. also will continue to allow entry 1 to play out for next target unless behavior and new developments tell me otherwise.
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
{image}
- #1,220
- Apr 23, 2014 3:03pm Apr 23, 2014 3:03pm
- Joined Mar 2012 | Status: Gold anyone | 6,524 Posts
{quote} Nzd/Usd Update: Hey Traders got involved with this second entry earlier today and watching some of these new developments. Targets 1 and 2 are attained on second entry marked by the yellow lines. also will continue to allow entry 1 to play out for next target unless behavior and new developments tell me otherwise. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
nice job.....
question next target is middle blue line?
thanks,
G
Wooooohooooo or Boooooohooooo