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Making Bank: The Harmonic rhythm of the market

  • #1,481
  • Jun 2, 2014 4:16pm Jun 2, 2014 4:16pm
Quoting CNTrader
Gbp/Nzd Update: Target 3 finally attained on both entries. Another example of patience and discipline. Left a small % of both positions on to see if we can reach the sell zone I'm looking for. {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 update. Popcorn it is my friend.
  • #1,482
  • Jun 3, 2014 4:28am Jun 3, 2014 4:28am
Hey CNTrader.

Can you tell me why this trade was unsuccessful? There was 3 objects. I was almost sure that the price will go down, but it didn't.

http://i59.tinypic.com/ml5n5z.png
  • #1,483
  • Jun 3, 2014 5:28am Jun 3, 2014 5:28am
Quoting forexh4cked
Hey CNTrader. Can you tell me why this trade was unsuccessful? There was 3 objects. I was almost sure that the price will go down, but it didn't. {image}
Unfortunately when the Nikkei is up 400 points in 2 days, the Yen is going down regardless of how precise are technical analysis may be.
Pride always comes before destruction.... -Proverbs 16:18
  • #1,484
  • Jun 3, 2014 5:41am Jun 3, 2014 5:41am
Quoting Slurp
{quote} So i lied, shoot me! Been watching my 5min chart at London open today and i just couldnt resist, hahaha Thank God detox-weekend is coming Have a great time everyone! {image}

Closing ecad long at +103 pips (yeah boiii!) lol

Entering heavy loaded short at the completion of ab=cd on h1, stop loss just 10 pips away at 4865.
Improvise, Adapt, Overcome.
  • #1,485
  • Jun 3, 2014 9:18am Jun 3, 2014 9:18am
Quoting forexh4cked
Hey CNTrader. Can you tell me why this trade was unsuccessful? There was 3 objects. I was almost sure that the price will go down, but it didn't. {image}
Hi forexh4cked. There are a number of reasons why those opportunities had a low probability of success. First of all it illustrates why I don't just trade the pattern just because there is a pattern without understanding the behavior and the currency pair. Expo had some valid thoughts about the Nikkei. As for me and why I did not take the trade zone I'll say this and leave it at this and this alone:

There was no behavior that I like to see in the area and leading up to the area. Also be sure to take the higher time frame that I posted into consideration. Lots of room to the upside. Also this is NFP week a week in which the Usd/Jpy tends to historically make an aggressive move one way or the other and when it gets going stay out of its way until you have the behavior that says otherwise. That's all I'll discuss on the matter.

For Traders having trouble making bank and staying afloat during NFP week and don't understand how to trade during NFP week I'm serious when I say: grab some popcorn and enjoy the show. Figure out what you can learn and what pairs are teaching the lesson. Then study it and master it until you can make bank during NFP week every month. This is not a discussion that I will continue to respond to going forward as I have said more on the matter then I care to. If that offends anyone then too bad lol That is not my intent but I also do not have the time to get into training discussions. If you are still offended then please go back and read post #1 and understand its nothing personal its just me being me. With all that said remember to 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!!!!
  • #1,486
  • Jun 3, 2014 9:21am Jun 3, 2014 9:21am
Quoting Slurp
{quote} Closing ecad long at +103 pips (yeah boiii!) lol Entering heavy loaded short at the completion of ab=cd on h1, stop loss just 10 pips away at 4865.
Well done old friend well done. You have become quite the little Greek Ninja over the years.

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!!!!
  • #1,487
  • Jun 3, 2014 11:24am Jun 3, 2014 11:24am
Quoting CNTrader
{quote} Well done old friend well done. You have become quite the little Greek Ninja over the years. Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
lol thank you bro still an amateur compared to you but im trying to get there

I got stopped on my short, this is what i had in mind, not that it matters, just my ... explanation why i took the trade. It had an excellent risk/reward thats for sure lol
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.h1.png Size: 74 KB
Improvise, Adapt, Overcome.
  • #1,488
  • Jun 4, 2014 9:23am Jun 4, 2014 9:23am
Attached Image (click to enlarge)
Click to Enlarge Name: USD_CAD_1h_bearish_shark.png Size: 120 KB
  • #1,489
  • Jun 5, 2014 8:30am Jun 5, 2014 8:30am
My expectations EUR/USD.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_4h_bearish_5-0.png Size: 128 KB
  • #1,490
  • Jun 5, 2014 10:56am Jun 5, 2014 10:56am
Quoting CNTrader
Hey Traders I'm still short this pair for over 320 pips on just the first entry. I have gone flat all other add on entry shorts and now watching these areas on the 4hr chart. There is also a nice bullish butterfly developing on the 1hr chart that in terms of confluence sets up beautifully in the same buy zone. That said ultimately I am bearish Nzd/Usd for much lower lows then where we are now but it wont get to my target tonight lol. Therefore I will be glad to trade both ways when the opportunity and behavior presents and continue to get short...
Nzd/Usd Update:

Hey Traders Target 1 attained. Stops rolled to BE. I will continue to watch how price develops but for now these are the next areas I'm watching.

Attached Image (click to enlarge)
Click to Enlarge Name: NzdUsd 4hr.gif Size: 55 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!!!!
  • #1,491
  • Jun 5, 2014 11:59am Jun 5, 2014 11:59am
Quoting samansadeghi
CADCHF H4 CRAB {image}
-70 pips
THERE IS NO SYSTEM
  • #1,492
  • Jun 5, 2014 12:00pm Jun 5, 2014 12:00pm
Quoting samansadeghi
GOLD {image}
buy gold
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh4.png Size: 66 KB
THERE IS NO SYSTEM
  • #1,493
  • Jun 5, 2014 12:24pm Jun 5, 2014 12:24pm
https://charts.mql5.com/4/899/usdchf...x-group-of.png
  • #1,494
  • Jun 6, 2014 7:41am Jun 6, 2014 7:41am
Quoting CNTrader
{quote} Nzd/Usd Update: Hey Traders Target 1 attained. Stops rolled to BE. I will continue to watch how price develops but for now these are the next areas I'm watching. {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 2 attained. Watching these areas here carefully as I patiently wait for Target 3 to be attained.

Attached Image (click to enlarge)
Click to Enlarge Name: NzdUsd 4hr.gif Size: 56 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!!!!
  • #1,495
  • Jun 6, 2014 7:56am Jun 6, 2014 7:56am
Quoting CNTrader
{quote} Nzd/Usd update: Target 2 attained. Watching these areas here carefully as I patiently wait for Target 3 to be attained. {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 Correction:

Sorry folks this is the updated chart.

Attached Image (click to enlarge)
Click to Enlarge Name: NzdUsd 4hr.gif Size: 62 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!!!!
  • #1,496
  • Jun 6, 2014 8:12am Jun 6, 2014 8:12am
Quoting CNTrader
{quote} Aud/Nzd update: Target 3 attained I am now flat both positions and watching behavior closely here. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
And/Nzd Update:

Hey Traders I adjusted the sell zone and targets slightly based on price behavior. Target 1 attained:

Attached Image (click to enlarge)
Click to Enlarge Name: AudNzd 4hr.gif Size: 77 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!!!!
  • #1,497
  • Jun 6, 2014 8:19am Jun 6, 2014 8:19am
Quoting SLforex
{image}

Updating my chart.

Target attained.




P.S. A high probability that we will go to the North.
Attached Image (click to enlarge)
Click to Enlarge Name: USD_CAD_1h_bearish_shark.png Size: 116 KB
  • #1,498
  • Jun 6, 2014 8:23am Jun 6, 2014 8:23am
Hey Traders watching this on Aud/Jpy. We made some decent bank on the first down move off of the shark and butterfly now we have come back into this area here for another possible opportunity. Watching closely.

Attached Image (click to enlarge)
Click to Enlarge Name: AudJpy Daily.gif Size: 85 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!!!!
  • #1,499
  • Jun 6, 2014 8:26am Jun 6, 2014 8:26am
Quoting SLforex
{quote} Updating my chart. Target attained. P.S. A high probability that we will go to the North. {image}
Nice Trading SL. Still patiently waiting for Target 2 on my longs with stops at BE

Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad 4hr.gif Size: 46 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!!!!
  • #1,500
  • Jun 6, 2014 8:59am Jun 6, 2014 8:59am
Quoting CNTrader
Hey Traders watching this on Aud/Jpy. We made some decent bank on the first down move off of the shark and butterfly now we have come back into this area here for another possible opportunity. Watching closely. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Hi CNTrader,

Think this chart was posted long time ago, but I think I am dizzy from all those colors.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpyh466.jpg Size: 192 KB
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