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Making Bank: The Harmonic rhythm of the market

  • #2,581
  • Jan 13, 2016 3:20pm Jan 13, 2016 3:20pm
Hey Traders currently involved here and building some positions for a potential 500-1300 pip retrace. Although this is a daily chart with more room to the upside I'm looking at the weekly big picture for some potential left side structure so "IF" this high wire no net trade is going to work out, it will take some time. Oil has a lot to do with this ballistic move that has made oh so many traders cry uncle and bust there accounts trying to short into it but the market is obviously pricing in a rate cut from the BOC next week as well. Imagine if they disappoint? lol.

The market says not so as usual it is getting ahead of it. That said if they do and its already priced in....what do you suppose happens next? Time tells all.

All the fundi mumbo jumbo aside though, this has proven to many to be a dangerous trade trying to stop this rocket so unless you have the patience, stomach, discipline, and most importantly account size and good MM you should probably leave this trade for the professionals as this pair is more than likely gonna see 1.53 or above. The question everyone wants to know is...When? lol Until then

Attached Image (click to enlarge)
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Don't waste your time posting how crazy i am. Well you can if you want to but everyone already knows!

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!!!!
  • #2,582
  • Jan 13, 2016 10:27pm Jan 13, 2016 10:27pm
​Its good to see you posting again CNTrader your charts and analysis has been truly inspirational. Keep up the good work.
  • #2,583
  • Jan 16, 2016 2:39pm Jan 16, 2016 2:39pm
Quoting CNTrader
Hey Traders currently involved here and building some positions for a potential 500-1300 pip retrace. Although this is a daily chart with more room to the upside I'm looking at the weekly big picture for some potential left side structure so "IF" this high wire no net trade is going to work out, it will take some time. Oil has a lot to do with this ballistic move that has made oh so many traders cry uncle and bust there accounts trying to short into it but the market is obviously pricing in a rate cut from the BOC next week as well. Imagine if they...

Hi CNTrader,

Hopefully this chart will be helpful to plan trading.

CAD make *some retracement next week

p/s : Description on chart suppose Crab pattern not *Deep Crab Pattern
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  • #2,584
  • Jan 17, 2016 7:24pm Jan 17, 2016 7:24pm
hi cntrader and thread participants , was interested in your opinion on the accuracy of this software. Ran for gbpaud , pair I specialize in.
Attached Image(s) (click to enlarge)
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  • #2,585
  • Jan 21, 2016 10:21am Jan 21, 2016 10:21am
Quoting sniperdebt
{quote} Hi CNTrader, Hopefully this chart will be helpful to plan trading. CAD make *some retracement next week p/s : Description on chart suppose Crab pattern not *Deep Crab Pattern {image}
Hey Sniper sorry it took me a bit to get back to you. Things got a little crazy here with the little ones getting sick. Nice chart thanks for sharing. I also had my eyes on these. Looking for sometime mid Feb for a more sustained retrace to coincide with the next short term cycle. Time will tell. Cad trade I have looking good. I've collected some nice shorts above along with my starter entry. I've updated some targets and will continue to bank and roll as well and collect shorts at better prices unless of course my targets get hit first. I may be a buyer of Ucad around the 1.35 level or sooner depending on behavior going forward for the next run up to the 1.53ish Weekly bat pattern potential. Again time will tell but as I stated last post the BOC disappointed what the market was pricing in....Imagine that?!!

Its hard work making it look so easy.

Attached Image (click to enlarge)
Click to Enlarge Name: CL Daily.png Size: 88 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!!!!
  • #2,586
  • Jan 21, 2016 10:42am Jan 21, 2016 10:42am
Quoting Pip-Miner
hi cntrader and thread participants , was interested in your opinion on the accuracy of this software. Ran for gbpaud , pair I specialize in. {image} {image}
Hey Pip-miner. Thank you for sharing. I don't use pattern recognition software ever. Unless you consider my brain to be one. That said to answer your question your chart certainly looks like you have some valid patterns there. However I would caution any and all as I have done what seems to feel like a billion times, to be careful setting arbitrary entries based on a potential pattern development. To be successful, profitable, and long lasting in this business much more is needed. Harmonic patterns are not the holy grail they are just a tool that can help you identify what you can expect to take place with a relatively strong probability. That is all I will say on the matter. If you have any further questions regarding pattern recognition software or methodology please refer to post 1. I'm not much of a talker or chatter on the thread. I mostly just stick to posting some ideas on charts and making bank when I get involved in the trades.

For more in depth conversation if thats what you need or are looking for..my good old buddy..maybe you have heard of him... Senor Scott, has a great thread where he seems to enjoy sharing more detail about patterns, levels, trading, life and music, ect ect. There is also a larger group of contributors there as well. It's a great testimony to both his skillz and his likability and willingness to go into greater depth on things! Here is the link: Enjoy

http://www.forexfactory.com/showthread.php?t=540420

All that said feel free to stop on by again and share or contribute any charts you would like.

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!!!!
  • #2,587
  • Jan 21, 2016 2:45pm Jan 21, 2016 2:45pm
Some fun with 1hr Crude chart analysis:

Attached Image (click to enlarge)
Click to Enlarge Name: CL 1hr.png Size: 164 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!!!!
  • #2,588
  • Edited Jan 22, 2016 6:28am Jan 21, 2016 3:16pm | Edited Jan 22, 2016 6:28am
Quoting CNTrader
{quote} Hey Sniper sorry it took me a bit to get back to you. Things got a little crazy here with the little ones getting sick. Nice chart thanks for sharing. I also had my eyes on these. Looking for sometime mid Feb for a more sustained retrace to coincide with the next short term cycle. Time will tell. Cad trade I have looking good. I've collected some nice shorts above along with my starter entry. I've updated some targets and will continue to bank and roll as well and collect shorts at better prices unless of course my targets get hit first....
bravo mates.

same with my next target 1.53x(Bat pattern on Monthly),maybe i'm a seller another round before acting as a buyer at level 1.30xx-1.28xx

updates:

looking for PA reaction at 1.40xx-1.415xx
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  • #2,589
  • Jan 22, 2016 6:53am Jan 22, 2016 6:53am
Quoting CNTrader
Hey Traders currently involved here and building some positions for a potential 500-1300 pip retrace. Although this is a daily chart with more room to the upside I'm looking at the weekly big picture for some potential left side structure so "IF" this high wire no net trade is going to work out, it will take some time. Oil has a lot to do with this ballistic move that has made oh so many traders cry uncle and bust there accounts trying to short into it but the market is obviously pricing in a rate cut from the BOC next week as well. Imagine if they...
Hey Traders, here is an update to the Targets on Usd/Cad Daily sell zone. As you can see I gathered a few more entries on the push higher.
Target 1 has been attained. I banked the first couple of entries for 180 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad Daily.png Size: 70 KB


Patience and discipline once again proves to be the holy grail.

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!!!!
  • #2,590
  • Jan 22, 2016 7:05am Jan 22, 2016 7:05am
Hey Traders. For those looking to take the opposite side and get long on the Usd/Cad here is a couple potential scenarios on the 4hr chart presenting itself.

Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad 4hr.png Size: 79 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!!!!
  • #2,591
  • Jan 22, 2016 7:17am Jan 22, 2016 7:17am
thanks cntrader I tune to enjoy
Inserted Video
  • #2,592
  • Jan 22, 2016 7:22am Jan 22, 2016 7:22am
mr Scott and cntrader I welcome you to contribute to the gbpaud interactive thread the team did very well this week following this strategy .
  • #2,593
  • Jan 22, 2016 8:41am Jan 22, 2016 8:41am
Quoting Pip-Miner
mr Scott and cntrader I welcome you to contribute to the gbpaud interactive thread the team did very well this week following this strategy .
Thanks for the invitation Miner. Maybe I'll pop in once in a while but If I have anything to contribute it will more then likely be here. I don't roam outside of here to much. I like the atmosphere here and I can prevent the pissing contests from getting out of control better here.

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!!!!
  • #2,594
  • Jan 22, 2016 9:54am Jan 22, 2016 9:54am
Hey Traders, having some fun with the Eur/Usd 4hr chart:

Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd 4hr.png Size: 172 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!!!!
  • #2,595
  • Jan 23, 2016 5:24pm Jan 23, 2016 5:24pm
Fridays results: EurUSD +120 pips. USDCAD +350 pips, GBPUSD +954 pips. Those were my first forex trades, is that good??? Can someone explain leverage 2 me????
  • #2,596
  • Jan 24, 2016 9:00am Jan 24, 2016 9:00am
Quoting CNTrader
Hey Traders, having some fun with the Eur/Usd 4hr chart: {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!!

Traders, some fun with EURUSD

Draghi speak on monday & FOMC on wednesday
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  • #2,597
  • Jan 24, 2016 11:15am Jan 24, 2016 11:15am
some fun on GBPUSD
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  • #2,598
  • Jan 26, 2016 9:17am Jan 26, 2016 9:17am
Hey Traders, currently involved long here but also watching these potential developments for opportunities on the 4hr and 1hr charts.

Attached Image (click to enlarge)
Click to Enlarge Name: GbpAud 4hr.png Size: 95 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!!!!
  • #2,599
  • Jan 29, 2016 1:16pm Jan 29, 2016 1:16pm
Hey Traders just gonna post some trades I currently have on. BOJ came through once again next up is the ECB lol. Here is a look at a nice 3 drives pattern with a bearish bat that paid out nicely. All three targets attained for both developments however i left a little on both the swing and the continuation entry I placed. Both have stops at break even. Here is a look at the chart. Also looking for some new developments.

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Remember next week to grab your popcorn and enjoy the show as it will be NFP week and Carney's turn to have his say with the BOE!!
Be on the look out for a video I will be trying to put together for those interesting in watching and listening to me showing some things I look at when doing analysis on the Harmonic Rhythm. This month has been a very good week to show a few things about pattern paradise from top down. No promises but i will see what I can do when and if the little ones start to feel better and recover from their sickness. In the meantime.....


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!!!!
  • #2,600
  • Feb 4, 2016 7:21am Feb 4, 2016 7:21am
Hey Traders, I'll be watching this heading into NFP.

Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd 4hr.png Size: 85 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!!!!
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