Making Bank: The Harmonic rhythm of the market | Page 64 | 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

  • #1,261
  • May 2, 2014 4:54am May 2, 2014 4:54am
Good Morning Traders, NFP coming up this morning as many of you are aware. Here is what I'm watching on the Nzd/Usd 4hr chart:

Attached Image (click to enlarge)
Click to Enlarge Name: NzdUsd 4hr.gif Size: 57 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!!!!
  • #1,262
  • May 2, 2014 5:38am May 2, 2014 5:38am
Quoting CNTrader
Good Morning Traders, NFP coming up this morning as many of you are aware. Here is what I'm watching on the Nzd/Usd 4hr chart: {image} As always......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Also had this one.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdh452.jpg Size: 185 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,263
  • May 2, 2014 7:25am May 2, 2014 7:25am
Here's a basic idea from me.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 134 KB
It's all about bucks, kid. The rest is conversation.
  • #1,264
  • May 2, 2014 10:16am May 2, 2014 10:16am
Quoting CNTrader
{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!!
Gbp/Aud update:

Target 2 attained. Patience and discipline continue to make bank in this yawn fest of a market lol.

Attached Image (click to enlarge)
Click to Enlarge Name: GbpAud.gif Size: 43 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!!!!
  • #1,265
  • May 2, 2014 10:21am May 2, 2014 10:21am
Quoting CNTrader
{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? lol anyway here is the chart update. Once again patience and discipline prevail and reward {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and...
Aud/Usd Update:

Target 2attained

Attached Image (click to enlarge)
Click to Enlarge Name: AudUsd Daily.gif Size: 56 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!!!!
  • #1,266
  • May 2, 2014 10:32am May 2, 2014 10:32am
Quoting CNTrader
{quote} Gbp/Aud update: Target 2 attained. Patience and discipline continue to make bank in this yawn fest of a market 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!!
Hello my friend,

Completely forgot you were on this trade. Took a couple other side today. And yes had 3 against you on AU bat. Guess, I should pay more attention.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpauddaily52.jpg Size: 173 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,267
  • May 2, 2014 10:33am May 2, 2014 10:33am
Aud/Cad Update:

You wanna talk about patience and discipline?.........Lets talk about it!! lol

This pair has tested my patience and discipline from the moment I entered in what seems like an eternity lol but actually it was just back in March. I dont have enough patience left for this pair to go back and find the post to quote for everyone so feel free to go back and look for it for yourselves if you need the evidence to believe haha. Anyway here is the chart and Target 1 is finally attained

Attached Image (click to enlarge)
Click to Enlarge Name: AudCad.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!!!!
  • #1,268
  • May 2, 2014 10:36am May 2, 2014 10:36am
Quoting CNTrader
Aud/Cad Update: You wanna talk about patience and discipline?.........Lets talk about it!! lol This pair has tested my patience and discipline from the moment I entered in what seems like an eternity lol but actually it was just back in March. I dont have enough patience left for this pair to go back and find the post to quote for everyone so feel free to go back and look for it for yourselves if you need the evidence to believe haha. Anyway here is the chart and Target 1 is finally attained {image} As always......Enjoy, have fun, trade...
You drew all of those lines on your own? That's really impressive
A 1 pip gain is better than a 1 pip loss.
  • #1,269
  • May 2, 2014 11:07am May 2, 2014 11:07am
Hey Traders, here is a look at the Chf/Jpy Daily chart. Currently I am long with 100 pips banked from one of my other Ninja techniques however I am also watching for these potential scenarios to develop and show me behavior conducive to making bank!! lol

Here is the chart:

Attached Image (click to enlarge)
Click to Enlarge Name: ChfJpy.gif Size: 37 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!!!!
  • #1,270
  • May 2, 2014 11:10am May 2, 2014 11:10am
Thats it for me today folks....Everyone make a fantastic weekend and.....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!!!!
  • #1,271
  • Edited 12:03pm May 2, 2014 11:34am | Edited 12:03pm
Quoting aeternum
{quote} You drew all of those lines on your own? That's really impressive
He is just drawing the harmonies patterns. I really like how he uses them!!


Congratulations for this wonderful trade NCTrader. I'm actually involved in a ABCD pattern in AN.

Regards.
  • #1,272
  • May 2, 2014 12:11pm May 2, 2014 12:11pm
Many thanks CNTrader.

All the best.
It's all about bucks, kid. The rest is conversation.
  • #1,273
  • May 2, 2014 12:35pm May 2, 2014 12:35pm
[quote=CNTrader;7444738]Hey Traders, here is a look at the Chf/Jpy Daily chart. Currently I am long with 100 pips banked from one of my other Ninja techniques however I am also watching for these potential scenarios to develop and show me behavior conducive to making bank!! lol Here is the chart: {image} As always......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Thanks for all the charts.
  • #1,274
  • Edited 11:26am May 4, 2014 10:43am | Edited 11:26am
violation of 3905 will negate the pattern
small clues last 5 candles have long tails basically rejected bull candles.Friday was a Bear rejection candle net result neutral however I am short biased based on the fact that 3905 is not taken out yet although fundamentally I am short bias on EU.

Thinking in terms of crowd behavior closer price comes to round number greater the pressure for price to reverse.This has lot to do with stops and also late bull traders.Historically professionals usually sell to late traders.
By the time these traders "confirm" their trades 80% of the move is done that is indicator crowd.Longer price stays in specific zone greater the time compression.
On Friday after NFP price jumped up 3811 to 3881 70Pips gain to me that's close to 100% swing daily ADR
Expectation is that this move will continue however I think its just another example of bulls jumping on the move that already has transpired.Usually traders
coming to late party.

On trends.I am a swing trader hence to me "trend is irrelevant" 100pips retrace is solid profits to me hence I look for opertunity for profitable trades not automatically go bull just because weekly and monthly is bull.Again I am not a investor but a trader.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.daily.png Size: 52 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,275
  • May 6, 2014 3:56am May 6, 2014 3:56am
Quoting CNTrader
{quote} 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. {image} As always......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Aud/Nzd update:

Target 3 was attained and I am now flat this position. I am watching these areas very closely here for potential longs but at this time have not entered...YET!!!

Attached Image (click to enlarge)
Click to Enlarge Name: AudNzd 4hr.gif Size: 84 KB


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!!!!
  • #1,276
  • May 6, 2014 8:45am May 6, 2014 8:45am
USDCHF could deliver an excellent harmonic pattern at H4 just now.
I've taken some Longs within the intervall 1.8730 - 1.8738.
FXcube
  • #1,277
  • May 6, 2014 9:18am May 6, 2014 9:18am
Quoting CNTrader
Good Morning Traders, NFP coming up this morning as many of you are aware. Here is what I'm watching on the Nzd/Usd 4hr chart: {image} As always......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Nzd/Usd Update:

Scrolled down to 1hr and currently involved with this potential opportunity

Attached Image (click to enlarge)
Click to Enlarge Name: NzdUsd 1hr.gif Size: 50 KB



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!!!!
  • #1,278
  • May 6, 2014 9:23am May 6, 2014 9:23am
This is a ugly shark but I like the set-up....Lets see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh4.png Size: 37 KB
  • #1,279
  • May 6, 2014 10:21am May 6, 2014 10:21am
Quoting CNTrader
{quote} Nzd/Usd Update: Scrolled down to 1hr and currently involved with this potential opportunity {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!




I also monitor this bearish shark pattern. But I am concerned about the distance BD is more than 2.24 AB.


What do you think the this shark is still valid?

Thanks
  • #1,280
  • May 6, 2014 10:40am May 6, 2014 10:40am
Quoting SLforex
{quote} I also monitor this bearish shark pattern. But I am concerned about the distance BD is more than 2.24 AB. What do you think the this shark is still valid? Thanks
Hey SL not sure where you are measuring from but the measurement is from a-b with the extension up to C which comes in at the 2.24 or very close to it with a nice 1.13 extension of point 0-b. That said Its just another beautiful looking pattern and I don't just trade the pattern per say but i do like the behavior I'm seeing there. All the best. Time tells all!!

(anyone looking to understand the points of a shark pattern can refer to the 2nd or third post of the thread for visual)

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!!!!
2 traders viewing now