Pride always comes before destruction.... -Proverbs 16:18
Making Bank: The Harmonic rhythm of the market
- #1,662
- Aug 13, 2014 8:27am Aug 13, 2014 8:27am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders her is a look at the Eur/Cad 4hr 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, sticking with the theme of the day...(if you havnt figured it out yet then there is no hope for you hahahaha).....seriously though here is another patience and discipline result. Target 1 was attained and behavior came down and took out my BE stop on the first entry. Still have second entry with stops at BE patiently waiting for next Target. If price comes down to take it out I will be watching the buy zone for behavior. We might see an AGG C play out. Here is a look at the chart. See if you can visualize the AGG C buy zone.
Until then......
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!!!!
- #1,663
- Aug 13, 2014 9:03am Aug 13, 2014 9:03am
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #1,664
- Aug 13, 2014 9:06am Aug 13, 2014 9:06am
- Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts
THERE IS NO SYSTEM
- #1,666
- Aug 14, 2014 5:32am Aug 14, 2014 5:32am
- Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts
THERE IS NO SYSTEM
- #1,670
- Aug 14, 2014 8:10am Aug 14, 2014 8:10am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hi, I would like a small discussion. How do you think which of these patterns will work. I important Mr. Scott and CNTrader opinion but wait all approach. Thank you SLforex {image}
http://www.forexfactory.com/showthre...66#post7671766
That said all 3 of your patterns drawn can present an opportunity to make bank if and when the behavior presents itself. Price ALMOST Never goes straight up or down so in sticking with the theme of the thread this week it takes patience and discipline to allow the trade to play itself out especially seeing as we are referring to a daily chart.
I look at your chart patterns and can visualize a multitude of scenarios that can play itself out with all of them having the ability to make bank. If the cypher plays out it could lead us to a nice right shoulder for a H&S pattern signaling a potential end to higher highs and a potential AGG C sell for a test of the Neckline and beyond leading to a possible wave 3 completion.
Man I'm sorry but I just realized I don't have the time to go on and on cause looking at the chart I certainly can lol. That's like 3 or more scenarios rolled into one and I can visualize a whole lot more including the other patterns. I just had a long discussion with one of my students yday about this lovely pair. Also remember we have FOMC minutes released next week and I am expecting the big boi's trap behavior to start playing itself out if they haven't started already.
At any rate that is as far as I will take the discussion and in the interest of my time and pips that is all I will say on the matter. Sorry to cut the discussion short but I could go on and on and I prefer to MAKE BANK instead. Feel free to carry on the discussion with anyone else on the matter as long as EVERYONE remains civil and respectful
Whatever anyone decides always remember to.........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!!!!
- #1,672
- Aug 15, 2014 9:22am Aug 15, 2014 9:22am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Gbp/Nzd Update: 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!!
Hey Traders hope everyone is having a fantastic morning or evening depending on where you live. Here is what I'm both involved with and watching next on the Gbp/Nzd.
Target 2 attained on the Daily chart.
There are some bullish patterns developed into a buy zone on the lower time frames (1hr and 4hr) and I'll be watching the behavior here. Until then I remain patient and disciplined for a possible move to Target 3.
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!!!!
- #1,673
- Aug 16, 2014 2:06pm Aug 16, 2014 2:06pm
- Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts
THERE IS NO SYSTEM
- #1,674
- Aug 16, 2014 2:50pm Aug 16, 2014 2:50pm
- Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts
THERE IS NO SYSTEM
- #1,677
- Aug 17, 2014 7:52pm Aug 17, 2014 7:52pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #1,678
- Aug 18, 2014 9:12am Aug 18, 2014 9:12am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders hope everyone had a great weekend. Here is a little something, something I'm watching on the NZD 15m chart:
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
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!!!!
- #1,679
- Aug 18, 2014 9:46am Aug 18, 2014 9:46am
- Joined Dec 2012 | Status: Trader | 8,124 Posts
Hey Traders hope everyone had a great weekend. Here is a little something, something I'm watching on the NZD 15m chart: {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Just another level......
The world you desire can be won. It exists.. it is real.. it is possible..
- #1,680
- Aug 18, 2014 10:23am Aug 18, 2014 10:23am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Hi CNTrader, Just another level...... {image}
Its all good 
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!!!!