Making Bank: The Harmonic rhythm of the market | Page 63 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Harmonic trading-harmonic patterns 527 replies

Market rhythm with sound 0 replies

GBPUSD GBPJPY Harmonic patterns and confluence of indicators 12 replies

Harmonic Wave Journal 1,285 replies

Harmonic Pattern Trader 1 reply

Attachments: Making Bank: The Harmonic rhythm of the market
Exit Attachments

Making Bank: The Harmonic rhythm of the market

  • #1,241
  • Apr 25, 2014 11:36am Apr 25, 2014 11:36am
Quoting Lalu
{quote} Hola SLforex, I'd be happy to explain. 1.40 will present a big selling op for many in my view so price may struggle to make it much past there, at least first time around. So I'm leaning towards the confluence shown in attached chart but I will of course be mindful of other possibilities. If it gets there we'll just have to see how price reacts. {image}

So, if price bounce at 1,04017 it not a butterfly. In butterfly pattern BC projection to D must be at least 1,618.
  • #1,242
  • Apr 25, 2014 11:38am Apr 25, 2014 11:38am
Default maxdepth=55 (parameter leg ZZ)
I use=5
or (15-25-35-55)
  • #1,243
  • Apr 25, 2014 11:59am Apr 25, 2014 11:59am
I really love this thread!! Thanks for all your contributions CNTrader
  • #1,244
  • Apr 25, 2014 1:26pm Apr 25, 2014 1:26pm
Quoting SLforex
{quote} So, if price bounce at 1,04017 it not a butterfly. In butterfly pattern BC projection to D must be at least 1,618.
Hi SLforex,
Thanks for pointing that out. Here is how a butterfly could play out. Quite a bit of confluence up at 4150/60 but I shudder to think what that would mean for the dollar.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 138 KB
It's all about bucks, kid. The rest is conversation.
  • #1,245
  • Apr 28, 2014 12:57pm Apr 28, 2014 12:57pm
Quoting roseman129
hello guys..any pattern on GBP/JPY and GBP/USD?
Hey Roseman here is an update on what I'm currently involved with. Target 1 was attained for the first entry where I was able to bank about 60 pips, however earlier today I took the opportunity to put another trade short on when I got the behavior in the sell zone again. Please be aware there is plenty of room for a move higher on the Daily and weekly for some really nice sell zones and a possible AB=CD completion. That being said I have some shorts within the 4hr sell zone as I have been getting the behavior I like to see. Here is a look at the 4hr chart:

Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd 4hr.gif Size: 52 KB


Also remeber this is NFP week and the Big Boys will be collecting contracts and clearing the board lol. If you dont know how to trade well or you are a beginner I suggest you break out the popcorn and enjoy the show. You just might accomplish account preservation and stick around long enough to figure it out. Or you could always do one of these and if you get lucky one of these..but if not and you end up doing this.....Don't say you weren't warned


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!!!!
  • #1,246
  • Apr 28, 2014 1:15pm Apr 28, 2014 1:15pm
Quoting CNTrader
{quote} Hey Roseman here is an update on what I'm currently involved with. Target 1 was attained for the first entry where I was able to bank about 60 pips, however earlier today I took the opportunity to put another trade short on when I got the behavior in the sell zone again. Please be aware there is plenty of room for a move higher on the Daily and weekly for some really nice sell zones and a possible AB=CD completion. That being said I have some shorts within the 4hr sell zone as I have been getting the behavior I like to see. Here is a look...
Nicely done CNTrader.

Also have nice sell area around 1.6875-81 with weekly supply, and higher potential patterns you mention as well.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily428harmonic.jpg Size: 187 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,247
  • Apr 28, 2014 1:39pm Apr 28, 2014 1:39pm
EURUSD, Daily, 2014 April 28
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Daily, 2014 April 28.jpg Size: 200 KB
  • #1,248
  • Apr 28, 2014 1:39pm Apr 28, 2014 1:39pm
EURUSD, H4, 2014 April 28
Double Bottom at 50.0 with close-down the gap
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H4, 2014 April 28.jpg Size: 234 KB
  • #1,249
  • Apr 29, 2014 12:33am Apr 29, 2014 12:33am
Hey Traders, here is an update on the Usd/Jpy. As you can see I'm very long and looking for higher levels. I've posted a Daily chart to give you an idea of the room it has to the upside. That being said I'm also posting a 4hr chart with areas I'll be watching for possible short opportunities to develop. As you can see there is Harmonic pattern analysis combined with other pattern analysis with solid structure involved. All in all with Japan's commitment to print and Target inflation I will continue to identify opportunities to get long over the medium to long term at what I feel will be discount prices. However, I will also take opportunities if the behavior presents itself to get short over the short to medium term in a separate account. These opportunities may present once again leading up to and after the NFP announcement. I am anticipating lots of fun this week with this pair lol Here is a look at the charts.
Daily
Attached Image (click to enlarge)
Click to Enlarge Name: UsdJpy Daily.gif Size: 38 KB


4hr
Attached Image (click to enlarge)
Click to Enlarge Name: UsdJpy 4hr.gif Size: 77 KB


As always......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!!!!
  • #1,250
  • Apr 29, 2014 4:05am Apr 29, 2014 4:05am
Quoting CNTrader
Hey Traders, here is an update on the Usd/Jpy. As you can see I'm very long and looking for higher levels. I've posted a Daily chart to give you an idea of the room it has to the upside. That being said I'm also posting a 4hr chart with areas I'll be watching for possible short opportunities to develop. As you can see there is Harmonic pattern analysis combined with other pattern analysis with solid structure involved. All in all with Japan's commitment to print and Target inflation I will continue to identify opportunities to get long over the...
Thanks for the update look like lots of congestion.
  • #1,251
  • Apr 29, 2014 7:51am Apr 29, 2014 7:51am
Quoting Mr. Scott
{quote} Hi Davit, I am well, thank you. Hope you are as well. {image}
Update.
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzddaily429.jpg Size: 157 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,252
  • Apr 29, 2014 9:25am Apr 29, 2014 9:25am
Hello all,
I've been having some success on the short side of euro and cable this week. Here is my cable chart with a few areas of interest. I hope you don't mind a greenhorn like me posting his rookie charts but I feel the publicity will help me progress.

All the best

Lalu

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 151 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 112 KB
It's all about bucks, kid. The rest is conversation.
  • #1,253
  • Edited 6:30am Apr 30, 2014 6:00am | Edited 6:30am
Several patterns and quick response in PRZ.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUR_NZD_4h_bearish_butterfly.png Size: 109 KB
Click to Enlarge Name: EUR_GBP_1h_bullish_shark.png Size: 105 KB
  • #1,254
  • Apr 30, 2014 10:21am Apr 30, 2014 10:21am
Possibility for euro short

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 125 KB
It's all about bucks, kid. The rest is conversation.
  • #1,255
  • May 1, 2014 12:37am May 1, 2014 12:37am
Quoting CNTrader
{quote} Hey Roseman here is an update on what I'm currently involved with. Target 1 was attained for the first entry where I was able to bank about 60 pips, however earlier today I took the opportunity to put another trade short on when I got the behavior in the sell zone again. Please be aware there is plenty of room for a move higher on the Daily and weekly for some really nice sell zones and a possible AB=CD completion. That being said I have some shorts within the 4hr sell zone as I have been getting the behavior I like to see. Here is a look...
Thanks...im just an intraday trader..harmonic just a tools for me to make decision long or short..
  • #1,256
  • May 1, 2014 7:53am May 1, 2014 7:53am
Quoting roseman129
{quote} Thanks...im just an intraday trader..harmonic just a tools for me to make decision long or short..
Lol ok then here is a look at the 1hr chart for a few things to consider intraday although day before NFP may not provide much in terms of intraday. Of course there is always the option to scalp for a few pips here and there. Something i find rather enjoyable every now and again lol

Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd 1hr.gif Size: 58 KB



As always......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!!!!
  • #1,257
  • May 1, 2014 3:16pm May 1, 2014 3:16pm
Quoting CNTrader
{quote} Lol ok then here is a look at the 1hr chart for a few things to consider intraday although day before NFP may not provide much in terms of intraday. Of course there is always the option to scalp for a few pips here and there. Something i find rather enjoyable every now and again lol {image} As always......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Nice chart as always
Happy trading to all junkies!
Improvise, Adapt, Overcome.
  • #1,258
  • May 1, 2014 3:24pm May 1, 2014 3:24pm
Quoting Lalu
Hello all, I've been having some success on the short side of euro and cable this week. Here is my cable chart with a few areas of interest. I hope you don't mind a greenhorn like me posting his rookie charts but I feel the publicity will help me progress. All the best Lalu {image} {image}
nice chart.Yes major confluence zone.
In trading, you have to be defensive and aggressive at the same time
  • #1,259
  • May 1, 2014 4:28pm May 1, 2014 4:28pm
Quoting CNTrader
{quote} Aud/Nzd update: 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...
Aud/Nzd 4hr chart Update:

Target 2 attained stops remain at BE until I at least start seeing behavior in either of the 2 buy zones I'm watching.
Attached Image (click to enlarge)
Click to Enlarge Name: AudNzd 4hr.gif Size: 83 KB


As always......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!!!!
  • #1,260
  • May 2, 2014 1:06am May 2, 2014 1:06am
Quoting Davit
{quote} nice chart.Yes major confluence zone.
Thanks Davit. It’s been a cautious trading week for me. Although I’ve been making bank it’s been of the scalping variety which isn’t the style I’m trying to accustom my mind to. Nonetheless I felt it was necessary because of all the potential dollar snakes and ladders. The great beast lies in wait later. Many souls have emptied their pockets into its giant jaws already. They just don’t know it yet. On cable I’m hoping for a morning (for me on the Southern Spanish coast) liquidity hunt higher which would enable me to re-enter the scalped lots somewhere between the 786 and double top if possible. The higher the better. If it’s pushed straight down so be it. I’ll take that too. All the best.
It's all about bucks, kid. The rest is conversation.
3 traders viewing now