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Making Bank: The Harmonic rhythm of the market

  • #1,861
  • Dec 15, 2014 9:02pm Dec 15, 2014 9:02pm
Quoting CNTrader
Hey Traders here it is the long awaited thread you have all been waiting for. lol. First the reason why I started this thread is to have a place we can all call home and have an interchange of Ideas. I will be posting my Harmonic analysis here and welcome anyone whether new or experienced to share whatever they would like to share. It doesn't have to be harmonics but it does have to be respectful to everyone else. Pissing contests will not be tolerated and are extremely frowned upon here. If you want to brag then by all means go ahead and brag if...
Hi CNTrader,

Thanks for starting this thread and I wish you luck with it! I just noticed it -- otherwise I probably would have posted sooner.

I have just one question for you: Is "harmonic rhythm of the market" synonymous with Elliot Wave Theory and/or Fibonacci trading? I don't know because I don't use either one in my trading -- but I would like to learn.
Please check out my blog at https://from-zero-to-hero . net
  • #1,862
  • Dec 15, 2014 10:32pm Dec 15, 2014 10:32pm
Quoting aky
{quote} Mr Scott, still learning to spot the harmonic rhythm of the market. What do you think of this GU setup on a ABCB in confluence with a 127.6 extension? {image}
Hi Aky,
Attached Image (click to enlarge)
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,863
  • Dec 16, 2014 10:46am Dec 16, 2014 10:46am
Quoting smash1820
{quote} Hi CNTrader, Thanks for starting this thread and I wish you luck with it! I just noticed it -- otherwise I probably would have posted sooner. I have just one question for you: Is "harmonic rhythm of the market" synonymous with Elliot Wave Theory and/or Fibonacci trading? I don't know because I don't use either one in my trading -- but I would like to learn.
Hey Smash welcome to the thread. Glad to have you here. I see you have read the first post so no need to rehash the rules. I hope you are able to find a home here or just a place you can come to once in a while to either get or share ideas with out any of the other crap that seems to poison other threads.

You have a great question but before I answer it in the brief manner I usually answer most questions I just want to re emphasize to everyone that the intention of this thread is not to provide any in depth training about my methods or strategies or how I decide to execute a trade or not. The intention was and remains to consistently demonstrate how the Harmonic Rhythm of the market consistently presents multiple opportunities to make bank and share some ideas and opportunities with fellow traders.

Ok now that that is out of the way let me address your question Smash as it is a very good one and there are probably a few others that have wondered the same thing.

Now I don't know if I would exactly use the word synonymous however I would not profess to have mastered the English language enough to say that the use of the word would be entirely wrong. I will try to be as simple as I can with this and leave it at that. The best way that I can answer or describe it is that they can all have a relationship and the existence of all three can provide a confluence of technical phenomena that can be extremely profitable and provide high probability opportunities. Fibonacci math to me is a measuring tool and both the Harmonic Rhythm and Elliot wave can be effectively measured using Fibonacci math. Also on many occasions for those who use EW, the Harmonic Rhythm of the Market may identify when one wave has a high probability of coming to a completion and where the next wave may begin. That said since both can be measured by Fibonacci math you can use that as a tool to make the same determination. However understanding the Harmonic rhythm can assist one to recognize the pattern of behavior, time and distance as well as the path price will take to get to the buy or sell zone for the next wave or swing if you will.

Wow as I was typing I just realized I could go on and on and on answering this question and eat up my entire morning. lol. I'll leave it at that for now i just don't have the time to really dive into this discussion any more than I already have. I hope this helps a little to answer some or part of your question and hope you don't get offended by my unwillingness to get any more involved in the explanation but as you can see this discussion can get really deep and then it would defeat my purpose and desire for the thread. For anyone who is willing to go back and read all of my previous posts both on this thread and others you will find some chart examples that I have posted that illustrates exactly what i have talked about here briefly. Perhaps if there is an overwhelming desire for it I could and maybe will create some videos to explain and give chart examples some time in the future maybe over the holidays but I'm not making any promises.

Thanks again Smash and welcome to the thread brothah!!

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!!!!
  • #1,864
  • Dec 17, 2014 11:14am Dec 17, 2014 11:14am
Quoting CNTrader
{quote} Ok now that that is out of the way let me address your question Smash as it is a very good one and there are probably a few others that have wondered the same thing. Now I don't know if I would exactly use the word synonymous however I would not profess to have mastered the English language enough to say that the use of the word would be entirely wrong. I will try to be as simple as I can with this and leave it at that. The best way that I can answer or describe it is that they can all have a relationship and the existence of all three can...
Ok so here is just one basic example of what this very brief discussion might look like on a chart. This is by no means an attempt to educate anyone on EW theory or even to say the count is correct in this pair as that is not important for this purpose. It is just to demonstrate how or what the confluence of wave analysis, fibo analysis and the Harmonic Rhythm of the market may present itself.

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad.gif Size: 51 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!!!!
  • #1,865
  • Dec 17, 2014 12:04pm Dec 17, 2014 12:04pm
im ready...

Attached Image
  • #1,866
  • Dec 17, 2014 12:40pm Dec 17, 2014 12:40pm
Quoting Graceway
im ready... {image}
That's awesome!!!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #1,867
  • Dec 18, 2014 6:26am Dec 18, 2014 6:26am
Quoting CNTrader
Hey Traders here is a look at one of the pairs I'm watching this week: {image} We have the Aussie minutes this week as well as the FOMC!! you know what that means lol. Come to think of it we have a boat load of news this week. Should be fun but if you remain clueless then get your popcorn out and enjoy the show lol. {file} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Good Morning traders. It took just about all week but patience makes bank.

Target 1 attained:

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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!!!!
  • #1,868
  • Dec 18, 2014 6:55am Dec 18, 2014 6:55am
Hey Traders, also I'm currently short Eur/Usd but here is something I'll be watching for behavior on heading into the holidays. I'll wait for behavior to present before I enter a long and then see if we get the holiday short squeeze lol. If not then there is still plenty of room to the down side for Making Bank! Either way be careful with the longs As always time will tell and always.......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!

Attached Image (click to enlarge)
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Don't follow me! You can and most likely will LOSE all your money!!!!
  • #1,869
  • Dec 18, 2014 9:20pm Dec 18, 2014 9:20pm
Quoting CNTrader
{quote} Involved here: {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 received several PM's about this pair and the way I have been trading it. Some people had some questions/accusations regarding the pattern I drew yesterday that you see on this page that shows a short and the original pattern I drew last week that also shows I shorted at lower levels. The tone of some of the private messages seemed quite bitter and disappointed as to why I added to the short and didn't get stopped out like they did. This tone absolutely cracks me up as I have been nothing but a flow of information and ideas shared over the past couple years. Notice I say it cracks me up but of course it doesn't surprise me in any way shape or form. If your gonna act like a fool then a little gratitude wouldn't hurt once in while first. Some of you who PM'd me I have never even seen here let alone seen you sharing anything lol.

All I can say to those people is simply this...because I know what I'm doing. I understand the behavior of the market and I know what I'm looking for and when I get it I execute. Plain and simple.

Now let me be clear as I thought I was clear yesterday (december17th, EST time lol) The purpose of that chart was just to illustrate the discussion I was having with Smash. Its really that simple. I took off the drawing of the pattern I drew last week to clear up any clutter. The blue line that was meant to illustrate target 1 of the higher sell zone was overlapping my first entry and therefore the entry did not show on the chart. As I write I'm sitting here thinking "I can't believe I'm actually having to address this after all this time"

So for those that both appreciate what I do and for those that feel the need to wine, here is a look at the chart and trades I'm involved in. I removed the 1st target 1 blue line as it was hit and there is no longer any need for it. The third entry is actually the lowest entry and was taken for reasons undisclosed and has a completely different set of rules but since I'm involved, it shows on the chart whether i want it to or not lol. Don't ask about it, don't PM me about it cause I will never tell. The students I have trained over the years will recognize it but good luck finding any of them willing to tell you.

All of this said, In the future for those that feel the need to send me a PM please don't waste my time with whining and bitter drivel. Some of you that sent a PM honestly and respectfully asked a legitimate question or two and I appreciate that. It is the only reason why there is a response. I decided to do it this way to answer those who deserved it and address those who were acting the fool. What's that saying? "Kill 2 birds with one stone". In this case 8 birds lol. Also please keep in mind Post # 1 of the thread. It really makes things simple here. Thank you. Anyway enough of that here is a look at the chart:

Attached Image (click to enlarge)
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All stops at BE. Targets 1 and 2 are attained on both pattern entries and 90% banked on the mysterious 3rd entry

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!!!!
  • #1,870
  • Dec 18, 2014 9:50pm Dec 18, 2014 9:50pm
Quoting CNTrader
{quote} Hey Traders I received several ... 1 and 2 are attained on both pattern entries and 90% banked on the mysterious 3rd entry Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!!
Hi CNTrader, I am new in forex trading, has been around 15 months now.
I have been subscribing to you for a while.
I appreciate your contribution and sharing with us, while you can keep things for yourself, but you spend time to share with us.
Your posts are very informative and great.
I see you are one of the experts in harmonic trading.

people should be responsible about their trade, and shall not blame anyone.
as newbie, please correct me if I am wrong, what I understand is when a pattern happens we cannot jump into the trade straight away, as extention could happen, and should wait for PA

anyway, responsible for our own trade, do not blame anyone.
cheers.
  • #1,871
  • Dec 18, 2014 9:51pm Dec 18, 2014 9:51pm
Quoting CNTrader
{quote} Hey Traders I received several PM's about this pair and the way I have been trading it. Some people had some questions/accusations regarding the pattern I drew yesterday that you see on this page that shows a short and the original pattern I drew last week that also shows I shorted at lower levels. The tone of some of the private messages seemed quite bitter and disappointed as to why I added to the short and didn't get stopped out like they did. This tone absolutely cracks me up as I have been nothing but a flow of information and ideas...
Hey buddy,

Don't let them get you down. I appreciate your efforts here. Sometimes, I swear I will only post charts here, but then I get into discussions with some friends around here and then....

Going to be pretty much shutting it down until January 5th, so wish you and the family Merry Christmas and Happy New Year! I will share how I saw it. Pretty sure I posted GCAD here and for those who are interested, they are very similar. You can also see case for other entry.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADDaily1218.jpg Size: 203 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,872
  • Dec 18, 2014 10:00pm Dec 18, 2014 10:00pm
Quoting Idkurv
{quote} Hi CNTrader, I am new in forex trading, has been around 15 months now. I have been subscribing to you for a while. I appreciate your contribution and sharing with us, while you can keep things for yourself, but you spend time to share with us. Your posts are very informative and great. I see you are one of the experts in harmonic trading. people should be responsible about their trade, and shall not blame anyone. as newbie, please correct me if I am wrong, what I understand is when a pattern happens we cannot jump into the trade straight...
You get it Idkurv well done. Good to hear you are enjoying and appreciating the thread. Keep on learning.

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!!!!
  • #1,873
  • Dec 18, 2014 10:01pm Dec 18, 2014 10:01pm
Quoting Mr. Scott
{quote} Have that one and GA, pretty sure I posted before. {image}
Ok, so here is another example. Great pattern, great setup, great trade, if you knew, but...

I also had this. So, trade your own plan.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDDaily1218.jpg Size: 180 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,874
  • Dec 18, 2014 10:05pm Dec 18, 2014 10:05pm
Quoting Mr. Scott
{quote} Hey buddy, Don't let them get you down. I appreciate your efforts here. Sometimes, I swear I will only post charts here, but then I get into discussions with some friends around here and then.... Going to be pretty much shutting it down until January 5th, so wish you and the family Merry Christmas and Happy New Year! I will share how I saw it. Pretty sure I posted GCAD here and for those who are interested, they are very similar. You can also see case for other entry. {image}
You had me at "Hey Buddy". You complete me

hahahahahahaha

Whats up brothah from anothah? They don't don't get me down I'm too busy banking for that. lol Just have to put them on notice every now and then. Good looking out my friend. I'll be shutting it down too spending time with familia. I'll be back around the same time. Lets get ready for another great year of Making Bank!!! Enjoy your time off and spend it with the ones you love.

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!!!!
  • #1,875
  • Dec 18, 2014 10:56pm Dec 18, 2014 10:56pm
Quoting CNTrader
{quote} Hey Traders I received several PM's about this pair and the way I have been trading it. Some people had some questions/accusations regarding the pattern I drew yesterday that you see on this page that shows a short and the original pattern I drew last week that also shows I shorted at lower levels. The tone of some of the private messages seemed quite bitter and disappointed as to why I added to the short and didn't get stopped out like they did. This tone absolutely cracks me up as I have been nothing but a flow of information and ideas...
Hi Dear Sir CNTrader ,
at first i want to say thanks a lot from my heart and also from many newbie like me for your time and contribution that you are sharing your analysis and thoughts with us ,,,,its means a lot for me ,in your every post have i have many many thing to learn ,after subscribing with you i have learn one thing that at first learnig is very very important ,and some people just cant think simply and for their misunderstanding they make things critical ,,,,,,that is their mistake that they cant see the right things ,,,!!

Dear Sir CNTrader thanks for your time ,me and many many newbie trader will learn properly to trade the market in right and simple way from your contribution and time for sharing with us ,,,,

Wish a very very Happy Marry cristmas !!!
  • #1,876
  • Dec 19, 2014 12:25am Dec 19, 2014 12:25am
Good morning CNT

Just stopping by to wish you and yours a Very Merry Christmas and a Wonderful New Year.

Also to sincerely thank you for your efforts in sharing with us. As an aspiring trader I can't begin to express how much that means to me. I learned long ago when you have a goal, surround yourself with those who are where you want to be and then be quite, watch, listen and learn. I have been doing just that for some time now. I suppose I should speak up more often to let you know how much you're appreciated behind the scenes.

The circle I've chosen to surround myself with is very small. You my friend, are a very large part of it.

God bless you and yours always.

Chris
Ghost Rider - WWTBMD?
  • #1,877
  • Dec 19, 2014 10:31am Dec 19, 2014 10:31am
Quoting albchr
Good morning CNT Just stopping by to wish you and yours a Very Merry Christmas and a Wonderful New Year. Also to sincerely thank you for your efforts in sharing with us. As an aspiring trader I can't begin to express how much that means to me. I learned long ago when you have a goal, surround yourself with those who are where you want to be and then be quite, watch, listen and learn. I have been doing just that for some time now. I suppose I should speak up more often to let you know how much you're appreciated behind the scenes. The circle I've...
Your very welcome Chris. Good looking out. Appreciate the kind words. Thank you. Be sure to take the next couple of weeks and share it with your loved ones. Back again next year for another round of MB!!

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!!!!
  • #1,878
  • Dec 19, 2014 10:33am Dec 19, 2014 10:33am
Quoting mmhasan
{quote} Hi Dear Sir CNTrader , at first i want to say thanks a lot from my heart and also from many newbie like me for your time and contribution that you are sharing your analysis and thoughts with us ,,,,its means a lot for me ,in your every post have i have many many thing to learn ,after subscribing with you i have learn one thing that at first learnig is very very important ,and some people just cant think simply and for their misunderstanding they make things critical ,,,,,,that is their mistake that they cant see the right things ,,,!!...
Your welcome MM. We will get back at it again next year!! Enjoy your familia and Amigos!!

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!!!!
  • #1,879
  • Dec 19, 2014 10:46am Dec 19, 2014 10:46am
All the best expiring year and following CNTrader and other harmonic traders!!!
  • #1,880
  • Dec 19, 2014 12:51pm Dec 19, 2014 12:51pm
Quoting CNTrader
Hey Traders, also I'm currently short Eur/Usd but here is something I'll be watching for behavior on heading into the holidays. I'll wait for behavior to present before I enter a long and then see if we get the holiday short squeeze lol. If not then there is still plenty of room to the down side for Making Bank! Either way be careful with the longs As always time will tell and always.......Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank!! {image}
Some swissy confluence.... Monthly decision....
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFWeekly1219.jpg Size: 170 KB
The world you desire can be won. It exists.. it is real.. it is possible..
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