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Making Bank: The Harmonic rhythm of the market

  • #2,061
  • Feb 20, 2015 3:33am Feb 20, 2015 3:33am
Quoting CNTrader
{quote} Nice chart Electro I have something similar. {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Gbp/Usd update:

Target 1 attained stops rolled to BE

Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd 4hr.gif Size: 76 KB


Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #2,062
  • Feb 20, 2015 3:41am Feb 20, 2015 3:41am
Quoting Matts Micro
{quote} Made it to the profit taking region but the pattern didn't complete. Looks like the ABCD of the larger tf is going to continue. {image}
Hey MattsMicro let me officially welcome you to the thread.


Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #2,063
  • Feb 20, 2015 4:39am Feb 20, 2015 4:39am
Quoting CNTrader
{quote} Hey MattsMicro let me officially welcome you to the thread. Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Hi CNTrader and thank you. I have read many of your posts particurly on Mr Pips thread and again thank you for the time taken to post. I have read a lot of his thread over the past month learning about harmonics and will hopefully be able to contribute to your thread in the future.
As the lights go by so too do the shadows move
  • #2,064
  • Feb 20, 2015 5:22am Feb 20, 2015 5:22am
Quoting aeternum
I was waiting for this to happen and it finally did. Possible rocket to 1415. Give it about a month or two to happen. {image} {image}
Hi,

This is what I'm watching on the 4H Chart:
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 48 KB
  • #2,065
  • Feb 20, 2015 8:53am Feb 20, 2015 8:53am
Hey Traders, watching these areas on Usd/Jpy 1hr chart. That said larger time frame shows possible deeper correction bat pattern can form. Here is the 1hr chart I'm watching for potential behavior:

Attached Image (click to enlarge)
Click to Enlarge Name: UsdJpy 1hr chart.gif Size: 76 KB



Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #2,066
  • Feb 20, 2015 10:10am Feb 20, 2015 10:10am
Quoting CNTrader
Hey Traders, watching these areas on Usd/Jpy 1hr chart. That said larger time frame shows possible deeper correction bat pattern can form. Here is the 1hr chart I'm watching for potential behavior: {image} Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Hey CNTrader,

Like that one, like that big bat. GJ.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH42202.jpg Size: 239 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,067
  • Feb 20, 2015 11:44am Feb 20, 2015 11:44am
Quoting ElectroNitro
{quote} Hi Row, I have something similar. In fact, I had caught the ABC leg quite early but I let it go when it seemed to stall. I should work on my patience. That said, I'm now back in teh trade. {image}
This volatility for this pair is insane but all the same, it stopped me out.
  • #2,068
  • Feb 20, 2015 12:51pm Feb 20, 2015 12:51pm
Quoting ElectroNitro
{quote} This volatility for this pair is insane but all the same, it stopped me out.
I passed on the trade because I didn't see what I was looking for until it was too far gone.
  • #2,069
  • Feb 20, 2015 1:33pm Feb 20, 2015 1:33pm
Quoting row
{quote} I passed on the trade because I didn't see what I was looking for until it was too far gone.
In hindsight, I should probably have gone with the AB = CD setup on H4. The thing I like about harmonic trading is I am able to review my trades to see where I went wrong and hopefully learn from my mistakes.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 48 KB
  • #2,070
  • Edited 10:20pm Feb 21, 2015 10:05pm | Edited 10:20pm
Bearish Butterfly at USDCAD Daily (XABC). Let's wait at D.
(& maybe I compare it additively with the maximas of 2008.10.1, H 1.30125 till 2009.03.01 H1.3063 monthly chart).

USDCAD, Daily, 2015 February 22
Approximate Values
Maybe Butterfly but with 1.618 extension ( ~1.3050) despite the BC .886 move (otherwise ~1.3420/CD Extension 2.618 of BC) .
PO USDCAD, Short @ 1.3050
further Shorts: ~1.3136 (1.27 CD-Ext of Move XA), ~1.3295 (1.618 CD-Ext of Move XA), ~1.3420, if so.
actual: 1.2530
FXcube
___
PO = Pending Order
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD, Daily, 2015 February 22.jpg Size: 74 KB
  • #2,071
  • Feb 21, 2015 10:41pm Feb 21, 2015 10:41pm
Quoting Forexcube
Bearish Butterfly at USDCAD Daily (XABC). Let's wait at D. (& maybe I compare it additively with the maximas of 2008.10.1, H 1.30125 till 2009.03.01 H1.3063 monthly chart). USDCAD, Daily, 2015 February 22 Approximate Values Maybe Butterfly but with 1.618 extension ( ~1.3050) despite the BC .886 move (otherwise ~1.3420/CD Extension 2.618 of BC) . PO USDCAD, Short @ 1.3050 further Shorts: ~1.3136 (1.27 CD-Ext of Move XA), ~1.3295 (1.618 CD-Ext of Move XA), ~1.3420, if so. actual: 1.2530 FXcube ___ PO = Pending Order {image}
Wow, never knew you did harmonics. Only saw your other threads on CCI and stuff
A 1 pip gain is better than a 1 pip loss.
  • #2,072
  • Feb 22, 2015 6:30am Feb 22, 2015 6:30am
Quoting Forexcube
Bearish Butterfly at USDCAD Daily (XABC). Let's wait at D. (& maybe I compare it additively with the maximas of 2008.10.1, H 1.30125 till 2009.03.01 H1.3063 monthly chart). USDCAD, Daily, 2015 February 22 Approximate Values Maybe Butterfly but with 1.618 extension ( ~1.3050) despite the BC .886 move (otherwise ~1.3420/CD Extension 2.618 of BC) . PO USDCAD, Short @ 1.3050 further Shorts: ~1.3136 (1.27 CD-Ext of Move XA), ~1.3295 (1.618 CD-Ext of Move XA), ~1.3420, if so. actual: 1.2530 FXcube ___ PO = Pending Order {image}
Great
  • #2,073
  • Feb 22, 2015 7:50am Feb 22, 2015 7:50am
Quoting Forexcube
Bearish Butterfly at USDCAD Daily (XABC). Let's wait at D. (& maybe I compare it additively with the maximas of 2008.10.1, H 1.30125 till 2009.03.01 H1.3063 monthly chart). USDCAD, Daily, 2015 February 22 Approximate Values Maybe Butterfly but with 1.618 extension ( ~1.3050) despite the BC .886 move (otherwise ~1.3420/CD Extension 2.618 of BC) . PO USDCAD, Short @ 1.3050 further Shorts: ~1.3136 (1.27 CD-Ext of Move XA), ~1.3295 (1.618 CD-Ext of Move XA), ~1.3420, if so. actual: 1.2530 FXcube ___ PO = Pending Order {image}
Hi Forexcube,

UCad, so many, and below. This gets me to 1.2897 which is close to 1.27 daily of 1.2912. 1.618 at 1.30672 in nice area, will be watching. Larger possible but one level same.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USDCADMonthly222.jpg Size: 259 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,074
  • Feb 22, 2015 8:12am Feb 22, 2015 8:12am
Quoting Mr. Scott
{quote} Hi Forexcube, UCad, so many, and below. This gets me to 1.2897 which is close to 1.27 daily of 1.2912. 1.618 at 1.30672 in nice area, will be watching. Larger possible but one level same. {image} {image}
Hi Scott, too many .. I'm running out of colors ...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 39 KB
Ghost Rider - WWTBMD?
  • #2,075
  • Feb 22, 2015 8:26am Feb 22, 2015 8:26am
Quoting albchr
{quote} Hi Scott, too many .. I'm running out of colors ... {image}
Hi Chris,

Yes, we have swings with fib retracements. And below. Could draw more.....
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily2222.jpg Size: 120 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,076
  • Edited 8:48am Feb 22, 2015 8:37am | Edited 8:48am
Quoting Mr. Scott
{quote} Hi Chris, Yes, we have swings with fib retracements. And below. Could draw more..... {image}
In technical terms, it's a mess. Better sharpen those crayons for the week ... eh? ... lol

Personally, I'm more interested in some of the GBP pairs at present. GA
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDDaily.png Size: 60 KB
Click to Enlarge Name: GBPAUDH4.png Size: 56 KB
Ghost Rider - WWTBMD?
  • #2,077
  • Feb 23, 2015 6:21am Feb 23, 2015 6:21am
Hi Traders,

UCADH1: Let's see how this plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 53 KB
  • #2,078
  • Feb 23, 2015 9:17am Feb 23, 2015 9:17am
This is a trade that I'm currently in.....Its a very ugly looking shark.
Attached Image (click to enlarge)
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  • #2,079
  • Feb 23, 2015 4:15pm Feb 23, 2015 4:15pm
Hi CN, my first post ever! I have been following your analysis on Mr. Pips thread on harmonics for a number of months now, very impressive! Here is something i am scoping out on the GBPCAD 4H, three ABCD variants converging around the 1.95 handle, no recent structure up here though, going way back on the weekly there is a key SR zone just below the PRZ. No weakness yet in the PA, will enter if price stalls in or close to the PRZ.
Happy Trading!
Attached Image (click to enlarge)
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  • #2,080
  • Feb 24, 2015 1:37pm Feb 24, 2015 1:37pm
usd/cad wow, u guys called it. just watched it nose dive, i wasnt involved in the second move down and im not happy about it.
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