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Making Bank: The Harmonic rhythm of the market

  • #2,641
  • Mar 8, 2016 9:55pm Mar 8, 2016 9:55pm
Quoting CNTrader
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. {image} {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 Traders, here is another look at Usd/Cad. Behavior I look for never presented itself for the original butterfly buy zone I posted but this did:

Attached Image (click to enlarge)
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So currently I'm long with my Target 1 attained and stops rolled as we head into the BOC rate decision and presser tomorrow. Will they surprise and give the market what they were expecting last time that they didn't get? Time will tell!! Either way should make for a bankable opportunity

That said hereis a look at the 15 min chart for a possible opportunity to grab some pips to the short side if behavior permits:

Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad 15m.png Size: 100 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!!!!
  • #2,642
  • Mar 9, 2016 8:45am Mar 9, 2016 8:45am
Quoting CNTrader
Hey Traders, here is a look at some ideas on big picture analysis with some ideas on what opportunities could develop on the lower TF to potentially get involved with. With the BOJ coming up next week there is always the possibility of a surprise. After all the BOJ is not going to let all their hard work to create inflation (however feable one might think it is) go to waste. That said as you can see there is still room for this pair to drop but there is also compelling reasons for a nice move higher big picture. I'm starting to watch this pair very...
Hey Traders caught this late last night in line with my big picture potential analysis. Target 1 attained

Attached Image (click to enlarge)
Click to Enlarge Name: GbpJpy 30m.png Size: 97 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!!!!
  • #2,643
  • Mar 9, 2016 9:03am Mar 9, 2016 9:03am
Caught this one too heading into BOC rate decision. Target 1 attained:

Attached Image (click to enlarge)
Click to Enlarge Name: CadJpy 30 m.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!!!!
  • #2,644
  • Mar 9, 2016 9:05am Mar 9, 2016 9:05am
Quoting CNTrader
Caught this one too heading into BOC rate decision. 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! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Here is a look at what I'm watching on the Daily for this pair.

Attached Image (click to enlarge)
Click to Enlarge Name: CadJpy Daily.png Size: 93 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!!!!
  • #2,645
  • Mar 9, 2016 9:16am Mar 9, 2016 9:16am
Quoting CNTrader
{quote} Hey Traders. Eur/Nzd update: Looks like this trade is playing out nicely as we have gotten a nice close below the daily TL and have continued to trade below it for the past 24-48 hrs. Lets see if we can sustain below it. Time will tell. {image} For now we are getting this development on the 1hr chart. {image} The area highlighted in green is an area we need to remain and sustain below. Still holding my short position but this may entice some longs for a test of the daily TL. I would much rather look to the daily bat if I were looking to...
Hey Traders just a reminder, we have a rate decision late afternoon when most people are not paying attention so be sure to proceed with extreme caution. Especially if you are a nooobieee!!

That said the Eur/Nzd did in fact come off that buy zone and retest the TL and then fall away. Also the Nzd/Chf pulled back and then boke out to a higher high over night. Rate decision will have an impact on both. Don't say you weren't warnedlol

Quoting CNTrader
{quote} This is the next area of development on the 4hr I'll be watching if the current break of structure can hold: {image} Notice Target 2 comes in that area as well 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!!!!
  • #2,646
  • Mar 9, 2016 9:40am Mar 9, 2016 9:40am
Hey Traders Target 2 attained on both pairs:

Attached Image (click to enlarge)
Click to Enlarge Name: CadJpy 30 m.png Size: 88 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GbpJpy 30m.png Size: 98 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!!!!
  • #2,647
  • Mar 9, 2016 10:30am Mar 9, 2016 10:30am
Hey Traders all 3 targets attained I am now flat this position and will continue to look for more opportunities on it.

Attached Image (click to enlarge)
Click to Enlarge Name: CadJpy 30 m.png Size: 86 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!!!!
  • #2,648
  • Mar 9, 2016 2:07pm Mar 9, 2016 2:07pm
Hey Traders all 3 targets attained on this pair too. Again I am now flat and will await more opportunities to develop to fall in line with the big picture analysis laid out yday.

Attached Image (click to enlarge)
Click to Enlarge Name: GbpJpy 30m.png Size: 99 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!!!!
  • #2,649
  • Mar 9, 2016 2:17pm Mar 9, 2016 2:17pm
Quoting CNTrader
Hey Traders all 3 targets attained on this pair too. Again I am now flat and will await more opportunities to develop to fall in line with the big picture analysis laid out yday. {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!!
nicely done my friend, great credit for patience.
  • #2,650
  • Mar 9, 2016 2:21pm Mar 9, 2016 2:21pm
oh well, D1 NU chart setup, was on my radar, but I wasn't taking chances on RBNZ. Still good for almost 200 points.
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  • #2,651
  • Mar 10, 2016 7:32am Mar 10, 2016 7:32am
Quoting asgcorp
oh well, D1 NU chart setup, was on my radar, but I wasn't taking chances on RBNZ. Still good for almost 200 points. {image}
Good attitude. So what if you missed it. When you miss one just get the next one:

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This one fit so nicely with my big picture analysis


There are 2 lessons here for all traders who want to take it to the next level of professionalism:

1) Never get pulled into a pissing contest about who is right or wrong. Everyone has there own style and chances are sooner or later both will be right and both will be wrong. If you feel like having the need to see who's is bigger take a step back and ponder on the fact that someone is more than likely bigger than both put together. Instead take the time to perfect your craft while everyone else is looks for the glory.

2) this is simple and basic....have some knowledge of the fundamentals. Technicals will show you what fundi is being focused on at the moment and fundis will tell you the real big picture story. When they diverge then it just means a big payday is about to take place.

Asgcorp the lessons are not directed towards you to single you out but its directed towards anyone who stops by the thread to see a demonstration about how the Harmonic Rhythm of the market can be used as a tool to Make Bank, which is all that really matters. If you take the reply as an insult, Don't!! I'm just adding it to the response to save time. If you benefit from it like others might then that's okay too!! lol.

Thats it folks that is all I'll say on the matter I hope you all.......

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!!!!
  • #2,652
  • Mar 10, 2016 7:49am Mar 10, 2016 7:49am
Quoting CNTrader
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...
Hey Traders, I have just booked small profits on my original early entry. Keeping in mind my big picture analysis along with the potential reward I took the opportunity to add at what I like to call a discount. All targets on the discount trade taken just as a bullish bat have been attained but I am leaving some on just for sheets an giggles going into the BOJ decision and keeping the over all big picture in mind. I will continue to evaluate for changes in behavior and for more opportunities.

Attached Image (click to enlarge)
Click to Enlarge Name: UsdJpy 4hr.png Size: 81 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!!!!
  • #2,653
  • Mar 10, 2016 2:52pm Mar 10, 2016 2:52pm
Hey Traders, great day for Making Bank and watching the show. Mario showed up to the party in a big way with lots of goodies and then proceeded to steal the punch bowl. Perhaps he will bring it back perhaps not. Time will tell! Either way it was a fun and interesting day. Now to share something I'm both involved with and paying attention to for developments.

Here is a look at the UsdCad and its potential development that I'll be watching. Currently I'm long with several positions. I have also banked several others that I had on the table. As you can see there is plenty of room to the downside and some work to do to make another run to the upside. I'll continue to watch behavior and other opportunities to develop.

Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad 1hr chart.png Size: 86 KB


Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad 4hr.png Size: 87 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!!!!
  • #2,654
  • Mar 11, 2016 12:57pm Mar 11, 2016 12:57pm
Hey Cn Hope ur well, love seeing your trades ur entries are pretty much flawless great analysis timing and patience, a true pro i hope i can reach those heights one day. i managed to get in on some of those trades like the gbpjpy but i closed out for pennies compared to the move that followed.
question, Do you only take a trade within your harmonic price zone? or will you still enter if you missed the initial bounce up and out of your rectangle?
  • #2,655
  • Mar 12, 2016 4:57pm Mar 12, 2016 4:57pm
Hi CNTrader, hope you have a great weekend.

Here to share something,is a look at some ideas on EURUSD big picture analysis with some ideas on what opportunities could develop on the lower TF to potentially get involved and paying attention to for further developments. We do not know what happen in future but time will tell !!!

I will continue to monitor to our last "defender" at upper & below area, how "they prevent's" attacking from "Making Money". Any for changes in counter attack strategy will give more opportunities to score.

CT, your comments most welcome.
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Click to Enlarge Name: EURUSDDaily.png Size: 164 KB
  • #2,656
  • Mar 14, 2016 6:30am Mar 14, 2016 6:30am
Quoting Asr1
Hey Cn Hope ur well, love seeing your trades ur entries are pretty much flawless great analysis timing and patience, a true pro i hope i can reach those heights one day. i managed to get in on some of those trades like the gbpjpy but i closed out for pennies compared to the move that followed. question, Do you only take a trade within your harmonic price zone? or will you still enter if you missed the initial bounce up and out of your rectangle?
Hey Asr1, it all depends on behavior and what I'm seeing. It also depends on a confluence of other things. Sometimes I'll take a trade outside of my reversal zone and sometimes I avoid the trade all together. But as you notice price usually interacts with the zone in one way or another. Sometime its to the pip and other times it stays for lunch or dinner haha sometimes both!! Sometimes I miss the initial behavior and the train leaves without me. I watch to see what develops to see if there are other opportunities to get involved. All that said remember...

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!!!!
  • #2,657
  • Mar 14, 2016 6:32am Mar 14, 2016 6:32am
Quoting sniperdebt
Hi CNTrader, hope you have a great weekend. Here to share something,is a look at some ideas on EURUSD big picture analysis with some ideas on what opportunities could develop on the lower TF to potentially get involved and paying attention to for further developments. We do not know what happen in future but time will tell !!! I will continue to monitor to our last "defender" at upper & below area, how "they prevent's" attacking from "Making Money". Any for changes in counter attack strategy will give more opportunities to score. CT, your comments...
Hey Sniper, looks like the thread has been a positive influence. I can tell by your charts and by the way you express your thoughts. Well done. Stay focused on the process and continue to enjoy the journey.

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!!!!
  • #2,658
  • Mar 14, 2016 9:21am Mar 14, 2016 9:21am
Quoting CNTrader
{quote} Hey Sniper, looks like the thread has been a positive influence. I can tell by your charts and by the way you express your thoughts. Well done. Stay focused on the process and continue to enjoy the journey. 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!!
, will try to catch the train.
  • #2,659
  • Mar 15, 2016 7:28am Mar 15, 2016 7:28am
GBPJPY, H4
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  • #2,660
  • Mar 15, 2016 7:29am Mar 15, 2016 7:29am
NZDJPY, H1
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