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Making Bank: The Harmonic rhythm of the market

  • #2,661
  • Mar 15, 2016 7:50am Mar 15, 2016 7:50am
Quoting CNTrader
{quote} Hey Davit, thanks for sharing. I'm watching this on Aud/Usd. This is a solid break above daily structure if it can close above. If it can sustain above the structure I'll be looking slightly higher to the weekly and daily sell zone. Time will tell but here is what I'm watching: {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. Target 1 attained

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Quoting asgcorp
7600 is unrealistic on AU. month range is 360 points. month low currently holds @ 7100. Also looking for reversal 7440-7480 area, it could overshoot slights, imo will still crack and re-test 7050 this month.
6 1/2 pis away from reality. If I had a Pip for every time someone said my sell zone was unrealistic I'd be the wealthiest human alive!!

Statements like this is why you must always.....

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!!!!
  • #2,662
  • Mar 15, 2016 8:26am Mar 15, 2016 8:26am
Hey Traders, I have posted my look on the larger time frames for both of these commodity currencies. Here is a look at the 1hr on both. Interesting same development on both as both gold and Oil are retracing from an initial move off a potential bottom as we get ready for a second leg. Thats a different discussion for another time that can be debated endlessly on a different thread but here is a look at the now and the possible developments and clues as it relates to potential patterns formation and Harmonic Rhythm.

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Currently I am short both pairs against the USD with several positions Banked and I will continue to watch developments and ongoing behavior.

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!!!!
  • #2,663
  • Mar 15, 2016 9:24am Mar 15, 2016 9:24am
Hey Traders sticking with the commodity currency theme, I'll be watching how this pair develops as well. Here is a look at the 4hr chart:

Attached Image (click to enlarge)
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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! 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!!!!
  • #2,664
  • Mar 15, 2016 12:39pm Mar 15, 2016 12:39pm
CNTrader well done boss, no I agree with you, this was slightly overstated.

No worries though I picked the top on AU also timed it with reversal in copper prices as well as Brent oil. Trading AU you have to look for confluences across the board.
I'm short AU via long EUAU, so it's good bro. If you check out daily brent oil it's also harmonic reversal pattern in play now.

As always good stuff from CNTrader please keep it coming.
  • #2,665
  • Mar 15, 2016 1:40pm Mar 15, 2016 1:40pm
Hey Traders about to wrap it up for a little while. This is what I've been up to most of the day. This is how you assassinate the weak hands and nervous boi's the day before the FOMC

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High wire no net trading on the 1m chart

Who is that masked man?

Harmonic paradise

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!!!!
  • #2,666
  • Mar 15, 2016 1:52pm Mar 15, 2016 1:52pm
Quoting asgcorp
CNTrader well done boss, no I agree with you, this was slightly overstated. No worries though I picked the top on AU also timed it with reversal in copper prices as well as Brent oil. Trading AU you have to look for confluences across the board. I'm short AU via long EUAU, so it's good bro. If you check out daily brent oil it's also harmonic reversal pattern in play now. As always good stuff from CNTrader please keep it coming.
We good Asgcorp no worries. Just wanted to provide a learning lesson for traders to always stay disciplined no matter the type of noise or where the noise comes from. Especially on a FF thread! I think you probably understand that better than a lot of people but since the opportunity was there to demonstrate and illustrate that fundamental fact I decided to take the opportunity to do so even if it helps just one trader. Stay cool, stay calm, and most importantly stay disciplined and as I always say....

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!!!!
  • #2,667
  • Mar 16, 2016 5:52am Mar 16, 2016 5:52am
Hola Traders,

Some opportunity on pair GBPJPY.
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  • #2,668
  • Mar 16, 2016 5:00pm Mar 16, 2016 5:00pm
Hey Traders. Recent news just kicked this one into Target 1 and we still have some Australian employment news later today. This pair caught my attention on the big picture time frames because we are sitting at potential trend changing levels that could last for several months. Here is some analysis i have been paying attention to on the Daily chart:

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That said Here is what I got involved with and why on the 4hr chart with target 1 attained for 112 pips.

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I have banked and rolled stops. This pair has the potential to continue to be the gift that keeps on giving if your paying attention.

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!!!!
  • #2,669
  • Mar 18, 2016 4:07am Mar 18, 2016 4:07am
Involved with this pair currently.
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  • #2,670
  • Mar 20, 2016 4:11am Mar 20, 2016 4:11am
Quoting CNTrader
{quote} Hey Traders. Target 1 attained {image} {quote} 6 1/2 pis away from reality. If I had a Pip for every time someone said my sell zone was unrealistic I'd be the wealthiest human alive!! Statements like this is why you must always..... 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.
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  • #2,671
  • Mar 20, 2016 9:21am Mar 20, 2016 9:21am
Quoting CNTrader
Hey Traders. Recent news just kicked this one into Target 1 and we still have some Australian employment news later today. This pair caught my attention on the big picture time frames because we are sitting at potential trend changing levels that could last for several months. Here is some analysis i have been paying attention to on the Daily chart: {image} That said Here is what I got involved with and why on the 4hr chart with target 1 attained for 112 pips. {image} I have banked and rolled stops. This pair has the potential to continue to be...
Good Morning CNTtrader
I am little confused.You are I assume short ATM targeting 1.116 1.10 1.09 (three blue lines) but your projection overall is UP once the corrections run their course.
I am currently short and interested on your analyses
Thanks friend
In trading, you have to be defensive and aggressive at the same time
  • #2,672
  • Mar 20, 2016 9:29am Mar 20, 2016 9:29am
There is a nice pattern on AU and if the Aussie declines to 73 that would most likely push AN lower
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In trading, you have to be defensive and aggressive at the same time
  • #2,673
  • Edited 11:21am Mar 20, 2016 11:08am | Edited 11:21am
I am new to this forum. Daily chart shows Pattern indicator shows Bearish cypher

But 4hr chart shows Bearish Gartley

Any comments welcome
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  • #2,674
  • Mar 20, 2016 11:10pm Mar 20, 2016 11:10pm
Quoting Davit
{quote} Good Morning CNTtrader I am little confused.You are I assume short ATM targeting 1.116 1.10 1.09 (three blue lines) but your projection overall is UP once the corrections run their course. I am currently short and interested on your analyses Thanks friend
Hey Davit. I'll try to help you see what I'm seeing the simplest way I can. I'll keep it simple for any new traders who might be wondering the same thing. Bottom line is simple. The daily and weekly charts are showing an Inverted H&S pattern that has developed with a break of the neckline yet to take place. I think you probably know by now in your journey and also understand (maybe not forgive me if I seem presumptuous) not only the potential power but the probability behind such a pattern should it develop ( if not i suggest you research it but suffice it to say these patterns whether developing at potential highs or lows can signal with high probability a trend change is in the making. Possibly!! Keep in mind i said with high probability not with absolute guarantee!!) and come to fruition.

On a weekly or daily chart it could mean a change to trend for weeks maybe even months to come for some very significant pips to bank, which is what I like to look for. Hence the daily chart potential developments I posted. That is the analysis I have shared already. That said we were sitting at a very significant area of structure resistance with plenty of confluence and behavior suggesting a move or pullback away from the area which I was able to bank for 100 pips on first target and continue to watch for behavior moving forward as illustrated on the 4hr chart posted. Again I am short, banked and rolled and I am closely watching behavior. should the behavior have a sustained break of the Neckline then be watchful of the potential scenario I posted on the higher TF chart. It shows nicely on the daily and weekly charts. Not sure if this helps but without getting into the specifics of my multiple entry strategies this is what I'll be watching closely with pips in the bank and plenty of opportunities to come both ninja style and Harmonically. Imagine what happens when both occur at the same time

That said as I always say my friend...

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!!!!
  • #2,675
  • Mar 20, 2016 11:17pm Mar 20, 2016 11:17pm
Quoting torontoguy1
I am new to this forum. Daily chart shows Pattern indicator shows Bearish cypher But 4hr chart shows Bearish Gartley Any comments welcome {image} {image}
My only comment would be to "Beware of the Pattern recognition software"!!! Please refer to post #1 of the thread for any elaboration on this subject. That siad, Good luck with your journey and always remember to....

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!!!!
  • #2,676
  • Mar 20, 2016 11:27pm Mar 20, 2016 11:27pm
Quoting Davit
There is a nice pattern on AU and if the Aussie declines to 73 that would most likely push AN lower {image} {image}
I like it as posted earlier. Nice weekly structure as well. I'm watching it very closely

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!!!!
  • #2,677
  • Mar 21, 2016 12:08am Mar 21, 2016 12:08am
Quoting CNTrader
{quote} Hey Davit. I'll try to help you see what I'm seeing the simplest way I can. I'll keep it simple for any new traders who might be wondering the same thing. Bottom line is simple. The daily and weekly charts are showing an Inverted H&S pattern that has developed with a break of the neckline yet to take place. I think you probably know by now in your journey and also understand (maybe not forgive me if I seem presumptuous) not only the potential power but the probability behind such a pattern should it develop ( if not i suggest you research...
I appreciate you taking your time to answer CNTtrader. I understand what you mean now lot better.Thank you
In trading, you have to be defensive and aggressive at the same time
  • #2,678
  • Mar 21, 2016 12:16am Mar 21, 2016 12:16am
Quoting Davit
{quote} I appreciate you taking your time to answer CNTtrader. I understand what you mean now lot better.Thank you
Your quite welcome my brotha!

Stay cool,calm, collected and disciplined!!

and always remember when it gets noisy.....

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!!!!
  • #2,679
  • Mar 23, 2016 11:04am Mar 23, 2016 11:04am
EURSUD bullish butterfly
Stop Loss below 1.272 Extension
1350 pips
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  • #2,680
  • Mar 23, 2016 11:08am Mar 23, 2016 11:08am
AUDJPY Bearish Crab
800 pips
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