ThomasJeff_DCM
Short

USDCAD Cypher short with demonstration of the power of harmonic

FX:USDCAD   U.S. Dollar/Canadian Dollar
This is not really a trade setup as sutch, its a trade im currently in, short on a bigger bearish Cypher pattern.
Price went to my entry and reversed, then it ran into a bullish Cypher that have contained price at its entry point for over 8 hours. Price will break out to one side or another with the strong news tomorrow, just a small demonstration of what harmonics can do to price action.

Today we got a hit on the AUDCAD             Bat, but got a target 2 winner in a Bat on GER30             index. Currently we are in a short position on a Cypher on USDCAD             . And we just entered long on a Cypher on EURUSD             so lets see what numbers we wake up till tomorrow for those that follow me.

I will try more and more to begin to put up every trade that i take so those that are interested in Harmonic patterns can get a better feeling of how the daily grind is for this method. The good weeks and the bad.
I will put the SD chart on the hour - should have caught that demand below pivot low
snapshot
Reply
Erhm i looked over the charts you posted, its really only the first the daily chart that got some harmonic things too it, i can try make a chart. The 15 min actually had a harmonic setup i think. but the last one is juds an strong uptrend where harmonics don´t work at all. i will make a daily and 15 min chart
Reply
ThomasJeff_DCM ThomasJeff_DCM
The daily chart is actually the one i postes as the last where i explain that its only the end of the chart that got any harmonic too it, The rest is a strong uptrend and a too tight channel to make any patterns or retracements.
snapshot
Reply
ThomasJeff_DCM ThomasJeff_DCM
My take on the 15 min. chart
snapshot
Reply
ThomasJeff_DCM ThomasJeff_DCM
Can i ask you where you learned this supply demand way to analysing, is it from books or a course? You can ask me in PM if thats better. I get more and more interested in it the more i see it. Its seems like it price respect these areas pretty well even though it may not me major structure levels right?
Reply
ThomasJeff_DCM ThomasJeff_DCM
But there is so many areas the price could retrace to, or so many levels like on your last chart that is very interesting, How do you find the actual trades if its okay i ask? Look for the most major demand areas?
Reply
I have a question of you Thomas - you are a harmonics player - no - I can see a few traders who have some basic knowledge of SD charts and using the first threes zones to develope the harmonics from to get their last leg - can you dev harmonics off of my SD zones
Reply
try using the daily zones - I am curious
Reply
Hei Kate its morning here now, i have a busy morning today and have a minor stress as i woke up to 4 trades i´m into that i don´t have time to manage, but i will get back to you in 5-6 hours time when i´m back home. I can see its not only the consolidation you look at, its also momentum bars and wicks. Plus Pivot points, its very interesting. Is this something you trade with consistency over a long period with success? don´t anwser if im asking too much i´m just curious.

Because the thing i love aboute Harmonics ans the patterns is that its so simple, its black and white, either its there or its not. That turned my trading around after years of struggeling. I´ll get a chart for you later
Reply
kate25 PRO ThomasJeff_DCM
I am a student of SD - I trade my charts you see. I am curious about the harmonic alignment to the zones - I will see if there is a 1 hr or 30 min Tf with zones...if you have time I would be appreciative
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out