Download as pdf or txt
Download as pdf or txt
You are on page 1of 7

The week has come to an end on July 29th, 2011.

WH I C H MEAN S I TS TH AT TIME AGAIN FOR T HE WE EK LY REPORT, B R OUG HT TO YOU BY HARMONICAUTOTRADE R.C OM

JULY 29-REVIEW
RECORD TRADE 508 PIPS in 5 Days!
means it was a pretty slow trading week and a lot of waiting. But thats really what trading is about, waiting for the money to pile up high enough to make it worth it for us to go over and grab our deserved cash. Typically in the summer we get lower volume and we get tight ranges and price doesnt always move a lot and thus creating less oppotunities. But now that the summer is coming to an end by the end of August, well be well on our way to capturing even more, but August would also be a great slow month to get your HAT on so youre ready for September! Should you have any questions please do contact us: hatadmin@fxgroundworks.com

Well we completed another month and July is closed! So how did we finish off the last week of July? A bang would be too subtle. This would be better described as an atomic bomb. With our bigger winners being the GBP/CHF with a killer 508.1 pips when we took the tradeoff (see the screenshot above), following that by the AUD/NZD. This week, we only had 1 trade that got stopped out at breakeven, and we took 3 losers (chf/jpy=30, usd/chf=25, and gbp/aud=40). If you follow along, you would

have seen that only 50% of the trades worked out. How does that work out profit wise? Well we had done over 675 pips in PROFIT. Our losing trades totaled 95 pips. This means for the whole week, with only winning 50% of the trades we did over 580 pips in profit in just 5 days of trading! Its important to also look at all of the facts. We only had about 7 trades that got fired off for the week, which

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WEEKL Y REVIEW Week ending July 29nd, 2011

WWW.HARMONICAUTOTRADER.COM

JULY 15-REVIEW
The week has come to an end on July 15th, 2011.
WH I C H MEAN S I TS THAT TIME AGAIN FOR T HE WE EK LY REPORT, B R OUG HT TO YOU BY HARMONICAUTOTRADER.C OM

in it, other wise we wont try chasing it at all and keep our profits in our account. Over all the week was filled with EUR trades. You never know where the HAT will pull its next trades, but its not always the case. As long as the HAT approves that the market conditions are optimal, the HAT will take the trade. Many time we have to wait until the money piles up before we go and take the trade. There is nothing to it but patience. However, youll want to make sure the HAT is always running as youll never know when its time to pickup the funds the money have to offer us. Well, at least most of the time :)

Well the HAT continues to impress! Although another dry summer week the HAT had a few weeks of trading, yet a pretty profitable one! The largest was a EUR/GBP which we had closed out for almost 100 pips in just a couple days. Not bad for doing thing but watching the trade gain in its profits. Lets talk about the reversal first. The spike on the EURGBP that filled us was placed and just moments later we reversed practically picking off the high and the reversal point. Our algorithms for selecting these patterns and the 56 point check we put them through is obviously working well and in some of the dullest trading periods (being the summer) we have still done extreamly well which is always beneficial. We did also take two losses on

the GBPUSD pair totalling 23 pips off one trade, and 19 pips off the other. However, this only adds up to 42 pips leaving us in profit still up 49+ pips and we still have the EURUSD trade coming up next. The EURUSD we took 70.3 pips from right to our B point. You can see that in one of the images above before we took the trade off. Its nice having the early warning alerts so that we can come and make sure we have profit taken at just the right point. This brought our weekly total up over 100 pips! To finish out the week we had a EUR/CAD trade fire off which we closed for ~10 PIPS before the market closed on Friday. We will have to wait for new patterns to come out regarding the EUR/ CAD shorts to see if we can get back

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WEEKL Y REVIEW Week ending July 15th, 2011

WWW.HARMONICAUTOTRADER.COM

JULY 8 - REVIEW
The week has come to an end on July 8th, 2011.
WH I C H MEAN S I TS TH AT TIME AGAIN FOR T HE WE EK LY REPORT, B R OUG HT TO YOU BY HARMONICAUTOTRADE R.C OM trades it does take do very well, but the person running the auto trader should be aware that this would be a normal expectation. Remember we are not so much going for quantity as we are quality. One of the longest trades we held this week and throughout the week was a USDCAD short. As this trade opened pretty early, we had a longway to go and thought we would be in this trade a lot longer than we actually were. Lets talk about the reversal first. The spike on the USDCAD that filled us was placed after a news event had passed and gave us a good entry with a realistic stop of less than 30 pips. This means that when we look at the position like the USDCAD, were wanting to see at least 60 pips of profit. This was a far cry from the 125+ pips we ended up taking to the bank. A great start and end to the week of trading. The EURUSD was on our radars on the 6th of July, 2011. This was a trade that had excellent structure. Ofcourse each pattern has to pass the 56 point pattern check before it fires off any orders, but this trade was a text book example of what all harmonic pattern traders should be doing. Netting over 70+ pips on this trade, we easily recovered from a small quick loss on the GBP trade for a respectable ~20 pip loss. A great trade, and one that was done and over with pretty quickly as we made some new lows after the fact. The trades this week were typically a little slow; all in all we had about 5 trades this past week which seems a little on the slower side. This could be because of the summer months and markets usually go into smaller ranges with only a few of the pairs making some extremes. This isnt a problem because the A famous trader James Rogers said it perhaps most colorfully, I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the mean time. Thats where we are this week. There were a few times the pile of money had built up big enough for us to go grab it, and grab it we did. Exercising patience is the key, something the HarmonicAutoTrader forces traders to do! Looking forward to next week!

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WEEKL Y REVIEW Week ending July 8th, 2011

WWW.HARMONICAUTOTRADER.COM

JULY 1-REVIEW
The week has come to an end on July 1st, 2011.
W HI CH MEAN S ITS TH AT TIME AGAIN FOR T HE, WE EK LY REPORT, B R OUG HT TO YOU BY H ARMONICAUTOTR AD ER.C OM the target area. Great Job Mr. HAT, we thank and applaud you and your abilities :) A lot of the summer months turn into ranges, and this is usually just a bunch of energy being stored like a spring and pushed together. Once this energy is let out (typically when people return back to work in September) then everything will blow up and the market will start moving once again. Until this point, the HAT will keep us on the right track. Lets have a look at the second trade that got fired off this week. The GBP/CHF and look how the HAT spotted this perfect reversal! The pattern was very much like the previous USD/ CHF in fact its almost scary how similar these patterns are. If you look at it with a keen eye, you will notice the AB to BC retracement is slightly different, but beyond that the structure of the pattern is very simlar. As were the result. We had some great trades closing out well over the 60 pip mark, nothing shy of over 100 pips for the week with very little ef-

fort or time managing the trades. If you have any questions about the HAT we do encourage you to dig around to blog site as there is a great FAQ section down the page that most people will find their answers too. Otherwise, our toll free number is available for anyone else needing more information before getting started. Im very proud to say the HAT had captured over 1,000 pips in the month of June. Not bad for the first month of summer in 2011.

Hello again! Its amazing how quick June has come and gone! The HAT will soon be running in july and however this week was unusally slow, just not so much for the fact summer is here and many people are outside. A perfect reason to make sure you have your HAT on so you can enjoy the summer beautiful weather outside too! But with the HAT, you would have entered and captured the pips on these two trades. Just check out this USD/CHF. Again, a perfect timed entry point on a pair who just started to look like it was going to run north. But the HAT knew better as it usually does and it shorted this pair and the most perfect spot as you can see. Then it fell like a rock just after we got filled all the way down to

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WWW.HARMONICAUTOTRADER.COM

Week Ending July 1st, 2011

WEEKL Y REVIEW

JUNE 24-REVIEW
The week has come to an end on July 24th, 2011.
WH I C H MEAN S I TS TH AT TIME AGAIN FOR T HE, WEE K LY RE PORT, B ROU GHT TO YOU BY HARMONICAUTOTRADER.COM

As we continue doing these HAT reviews, its important to see a wide variety of the trades that get taken. This includes the good and the bad. The fortunate thing with using the HAT is your bad trades are always SMALL and your good trades should always be HUGE! So lets get started! The first three trades of the week in total did 349.6 pips! All three of them worked out and completed to our first target. THEN some of them like the EUR/USD went over 200+ pips. We didnt expect this, but the market kept giving us what we wanted and although its not the norm to get a 200 pip trade in the first few days of the week, its one that we are running to the bank! If you could think for just a moment how many losing 20 pip trades it would take to total around 349.6 pips to erase all these gains we would need 18 losing

trades in a row. These are going to be gains that are locked in and will make us end June with one of the largest totals since we released the HAT, more on that next week! If the first three trades of the week didnt already prove to us the great week that we would end with, a pair of EUR/CAD and AUD/CAD trades got fired off with deadly accuracy for another 130+ pips. Have a look at these charts to see how the HAT selected these patterns to trade! BANG, BANG, BANG, BANG... Pips, Pips, Pips, Pips... 170+ pips if we take our existing cad trades and put together the two new ones for the week, we can see weve hit 170 pips plus the 349 pips for over 500+ pips for the week! The

WEEK! Most people would die to make this in a month! Both the EUR/ JPY and EUR/AUD both hit their first target with a breeze.

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WEEKL Y REVIEW Week ending July 24th, 2011

WWW.HARMONICAUTOTRADER.COM

JUNE 17-REVIEW
The week has come to an end on June 17th, 2011.
W H IC H MEAN S I TS TH AT TIME AGAIN FOR T HE, WE EK LY REPORT, B R OUG HT TO YOU B Y H ARMONICAUTOTRAD ER.C OM or 80% of the trade was a fantastic play. One that we can add to the bank of pips for the week. Later well have to see what we cloe the close the rest of the GBP/USD out at... Now we did have a few trades that failed. In fact I think there was 3 that failed all in a row. This can happen, and it will happen again but those 3 trades had very small stops, 12-15 pips and when adding them together a loss of 45 pips when we gained 130 pips, thats a great avg winner vs average loser! A day later and the GBPUSD is up over 190 pips! All of a sudden the rack of 3 losers seem very minimal which we all had a good laugh about. Its important again, and i just want to stress it, the HAT will make you stick to your rules it will make you keep your risk vs reward in check. 200+ pips were also taken on the USD/ CAD! This was a 4 hour time frame so we do expect a higher payout, but it does take a longer time to play out. But still, not bad for another HAT trade and very little effort on your part. All you need to do is wait! Cant wait for next week to start!

Hello! Thats right, its that time of the week again where we publish our weekly review. There is a lot of trades that went on again, so lets take a look to see what was out there this week! An early trade this week and the HAT was showing us all the benefits it has as it pulled out a EUR/JPY trade fright from the entry to the B point. Like all good patterns it took its time to play out on this 15 minute timeframe but it went right to the B point and hit our target for an easy 40+ pips. Now have a look at the GBP/USD to the right. This was also fired off but on a 1 hour and a much bigger pattern. So the GBP/USD went right to the b point for 90+ pips to hit our first target. With the previous EUR/JPY you can see after it went to the B point it reversed back to the prz again so you probably didnt get the 50 pips we later saw, but capturing the 40+ pips

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WWW.HARMONICAUTOTRADER.COM

Week Ending June 17th, 2011

WEEKL Y REVIEW

JUNE 10-REVIEW
The week has come to an end on June 10th, 2011.
W H I CH MEAN S I T S TH AT TIME AGAIN FOR T HE , WE EK LY REPORT, B R O UG HT TO YOU B Y HARMONICAUTOTRADE R.C OM a little breathing room at the start, it went on with very good momentum to that intial target area. The final couple of highlighted trades were around late Friday, which we advise to not be running the HAT anyways due to volume dropping in the later part of Friday afternoons. However, the HAT server is still running the Harmonic Auto Trader and you can see the cost of one currently losing trade is barley half the winner. The HAT will make sure this is the case automatically for you. There were a couple of other minor losses - no loss greater than about 20 pips for the whole week and nothing to worry about as these tiny losses are obviously nothing in compairson. But the HAT kept us out of wild trades with big losses, and maintained a solid record on the whole. Well have a lot to be looking forward to next week now that a lot of these holidays are done with and we can now start trading as the volume comes back in for the summer holidays at half strength. Trading with low volume is a very scary thing to do, more on this later.

Well, what a quiet week it has been in general. We can tell the summer is now in full force and would expect further weeks to be much of the same throughout the summer months as our energy rebuilds for the next trading season starting in September. With a late start to the week due to bank holidays, we got under way on Wednesday with a trade on the AUDJPY that just about got to our first target. Many of our members took profit or at the very least partial profits when price started to reverse and took us out at our stop as we started to tighten them. The next successful trade was a beauty on the EUR/USD, where this user took full +70 at the first target where many others did as well. It was quite a swift trade, where given

PURCHASE YOUR COPY NOW


LIMITED AVALABILITY

WEEKL Y REVIEW

Week Ending June 10th, 2011

WWW.HARMONICAUTOTRADER.COM

You might also like