CNTrader,
watching this pair too
watching this pair too
Attached Image (click to enlarge)
Making Bank: The Harmonic rhythm of the market
- #2,602
- Feb 5, 2016 7:13am Feb 5, 2016 7:13am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
CNTrader, watching this pair too {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!!
Don't follow me! You can and most likely will LOSE all your money!!!!
- #2,603
- Feb 16, 2016 10:36am Feb 16, 2016 10:36am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, currently short this pair but watching these levels closely for behavior. Have a look at the big picture time frame and you might see it clearer.
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!!
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!!!!
- #2,604
- Feb 16, 2016 10:49am Feb 16, 2016 10:49am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, I'll be watching this heading into NFP. {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!!
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!!!!
- #2,605
- Feb 17, 2016 9:32am Feb 17, 2016 9:32am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, here is a pair most people don't trade everyday. Could be rocky if the RBNZ lowers interest rates further but it will also provide many trade opportunities along the way.
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!!
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!!!!
- #2,606
- Feb 17, 2016 10:36am Feb 17, 2016 10:36am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, there seems to be some spirited debates going on about this pair. Currently have a short term long that could possibly become a longer term view depending on certain fundi and behavior developments but here is some Harmonic analysis arguing for opportunities in both directions. Keep in mind some key support was broken to the downside however if it can climb back above then the big picture trend may be ready to move on. What you decide to do depends on your opinion of what the big picture trend actually is. lol
Here are a few charts to digest:
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!!
Here are a few charts to digest:
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!!!!
- #2,608
- Feb 24, 2016 8:19am Feb 24, 2016 8:19am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, the Eur/Usd trade playing out nicely with Target 2 attained this morning. Here is a look at another Euro short trade set up I'm watching very closely on the Eur/Gbp.
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!!
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!!!!
- #2,609
- Feb 24, 2016 8:36am Feb 24, 2016 8:36am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders here is a look at some things starting to develop on the UsdCad 1hr chart as well. Oil inventories out shortly so be mindful.
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!!
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!!!!
- #2,610
- Feb 26, 2016 12:34pm Feb 26, 2016 12:34pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, the Eur/Usd short we took at 1.1330 continues to pay off very nicely. We are now up over 400 pips. Target 3 is still some distance away at about another 150 pips. I have taken some other opportunities to add to my position and targets have been hit on those as well. I have aggressively rolled my stops on all positions as I continue to be patient letting behavior lead the way.
In the meantime here is something else I'm watching develop on the Daily chart for the Gbp/Cad pair. Have a great weekend.
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!!
In the meantime here is something else I'm watching develop on the Daily chart for the Gbp/Cad pair. Have a great weekend.
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!!!!
- #2,611
- Feb 26, 2016 12:42pm Feb 26, 2016 12:42pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #2,612
- Feb 26, 2016 12:51pm Feb 26, 2016 12:51pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} Nice trade CNT I am kicking myself for getting out UC shorts at 37 left out 200pips.Cad was in a range long time and thought another bounce up to reload but didn't happen this time. Regards
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!!!!
- #2,613
- Feb 27, 2016 12:49am Feb 27, 2016 12:49am
- | Joined Aug 2012 | Status: Trader | 2,263 Posts
It is truly amazing to see how many posts you have made with larger time frames after I have stopped visiting these threads for a long time due to all the unwanted noise. Not only did you make the posts, but you made the profits. You are truly a great trader! So many people have been looking at USDCAD to go even higher past 1.46 but even I found that ridiculous. Again with people on USDJPY up to 130 or more, and yet it failed.
I look forward to seeing the past month's worth of your predictions hit the targets. May we all make pips together.
Cheers and keep rocking!
I look forward to seeing the past month's worth of your predictions hit the targets. May we all make pips together.
Cheers and keep rocking!
A 1 pip gain is better than a 1 pip loss.
- #2,614
- Mar 1, 2016 8:30am Mar 1, 2016 8:30am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
{quote} 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. {image} 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!!
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!!!!
- #2,615
- Mar 1, 2016 8:39am Mar 1, 2016 8:39am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
It is truly amazing to see how many posts you have made with larger time frames after I have stopped visiting these threads for a long time due to all the unwanted noise. Not only did you make the posts, but you made the profits. You are truly a great trader! So many people have been looking at USDCAD to go even higher past 1.46 but even I found that ridiculous. Again with people on USDJPY up to 130 or more, and yet it failed. I look forward to seeing the past month's worth of your predictions hit the targets. May we all make pips together. Cheers...
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!!!!
- #2,616
- Mar 1, 2016 9:57am Mar 1, 2016 9:57am
- | Joined Aug 2012 | Status: Trader | 2,263 Posts
{quote} Thanks for the compliment A. One of the keys to success in the racket is understanding what kind of Market we are in and being able to adjust monitor and control your behavior accordingly. No individual retail trader can control the market so one must be able to control themselves and respond according to what the big picture really is. When it starts to get noisy and the self proclaimed gurus are out in full force it always helps to take a step back and look at the big picture and wait patiently for the opportunities to come to fruition....
Make bank quietly
A 1 pip gain is better than a 1 pip loss.
- #2,617
- Mar 1, 2016 11:09am Mar 1, 2016 11:09am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Okay Traders here is a look at something I'm involved in. Currently I'm short this pair simply because...well...simply put because I'm a lethal assassin aka I'm a Currency Ninja.
On that note these are some of the areas I'm watching. Ultimately to confirm we go much lower we need to have a sustained break of the lower TL on the chart in magenta. Beware of the bat at the structure which could provide an opportunity for quick profits and maybe a retest of the TL once it is broken. Here is a look at some analysis I'm paying attention to. Enjoy!!
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!!
On that note these are some of the areas I'm watching. Ultimately to confirm we go much lower we need to have a sustained break of the lower TL on the chart in magenta. Beware of the bat at the structure which could provide an opportunity for quick profits and maybe a retest of the TL once it is broken. Here is a look at some analysis I'm paying attention to. Enjoy!!
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!!!!
- #2,618
- Mar 1, 2016 6:05pm Mar 1, 2016 6:05pm
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, this is my last chart for the day. Here is a look at Usd/Jpy. Is this the Big reversal and continuation of the big picture fundi mumbo jumbo trend?
Good question. Here is my response. Currently I have established a long position in it with these areas marked on the 1hr chart that I'll be watching closely as well. On the larger TF there is plenty more room for it to drop but there is also some decent structure that it bounced off of on the weekly & Monthly chart. Price needs to be able to sustain above the upper TL I have marked in order for it to move on to the areas i'll be watching and if we break below the lower blue TL then we will most likely retest the weekly and monthly structure and possibly break down to the 106/107 area I have marked on my big picture chart for my extreme area to start building long term buy positions for a few thousand or so pips move higher
Yup I said it!! lol
All of that said you absolutely must understand we have a busy month in March. Starting with this week's NFP then onto the next week where we will here from the ECB followed by the BOJ the next week. Without going into detail both of the latter are expected to do big things. Will they? Who knows but either way the opportunity to make bank will be there if you are properly prepared. Then of course there is the options market to take into consideration with the end of month end of quarter phenomena that will play out just like the big bois want it to. So if you are a noobie and clueless or you just haven't figured out what on earth your doing so you follow and pay attention to the noise of the boards and pundits I suggest you sit back grab some popcorn and enjoy the show for the next few weeks. It may just preserve your account and keep you in this racket long enough to figure out what your doing
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!!
Good question. Here is my response. Currently I have established a long position in it with these areas marked on the 1hr chart that I'll be watching closely as well. On the larger TF there is plenty more room for it to drop but there is also some decent structure that it bounced off of on the weekly & Monthly chart. Price needs to be able to sustain above the upper TL I have marked in order for it to move on to the areas i'll be watching and if we break below the lower blue TL then we will most likely retest the weekly and monthly structure and possibly break down to the 106/107 area I have marked on my big picture chart for my extreme area to start building long term buy positions for a few thousand or so pips move higher
Yup I said it!! lol
All of that said you absolutely must understand we have a busy month in March. Starting with this week's NFP then onto the next week where we will here from the ECB followed by the BOJ the next week. Without going into detail both of the latter are expected to do big things. Will they? Who knows but either way the opportunity to make bank will be there if you are properly prepared. Then of course there is the options market to take into consideration with the end of month end of quarter phenomena that will play out just like the big bois want it to. So if you are a noobie and clueless or you just haven't figured out what on earth your doing so you follow and pay attention to the noise of the boards and pundits I suggest you sit back grab some popcorn and enjoy the show for the next few weeks. It may just preserve your account and keep you in this racket long enough to figure out what your doing
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!!!!
- #2,619
- Mar 3, 2016 7:35am Mar 3, 2016 7:35am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, If your trading or thinking about trading Usd/Cad here are just a few possibilities to consider on the 1hr and 15m TF.
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!!
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!!!!
- #2,620
- Mar 4, 2016 7:36am Mar 4, 2016 7:36am
- Joined Jul 2012 | Status: "Winners knowl"!! | 2,171 Posts
Hey Traders, here is a pair most people don't trade everyday. Could be rocky if the RBNZ lowers interest rates further but it will also provide many trade opportunities along the way. {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!!
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!!!!