The ART of trading by Petar_Serbia

Quoting Petar_Serbia

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I found interesting opportunity on the Gold. The price is far below the value and in my opinion, this is hidden buying on this down day, I am bullish from $1,223.00. Target is opened and SL can be placed at $.1208.00. Time horizon in this position is from 2-3 days. Petar {image}

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Quoting Petar_Serbia

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{quote} Hello everyone, Still holding my long position from $1,223.00. Today I see that professionals wanted to close weak buyers and put them in a bad situation (Classic SL hunting). Most of the traders will see the strong downward trend and will watch for shorts watching their indicators and so on but I base a trade on the perception of the value and not depend on the price by itself. I wrote objective point but my TP is opened. I placed 2 charts to show you why most of the traders fail. All indicators they use and even price by itself is lagging....

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Quoting jmtini

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{quote} Hi Petar I really think you need to change your job! Try forecasting the weather, you've got a better chance of getting it right! Anyway, eventually you'll get a trade going in the right direction- law of averages!

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Quoting Petar_Serbia

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I am bullish on the Gold and will go for at least 1:2 RRR and preferably for 1:3 RRR > SL on breakeven will be at $1,221.00 > Best Regards, Petar {image}

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Quoting Petar_Serbia

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{quote} Sl is secured to break even ($1,213.00) and position is now safe and risk-free... Soft target around $1,249.00 (1:3 RRR) Best regards, Petar {image}

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Quoting Petar_Serbia

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{quote} Hello there, Gold is doing a good job and I still sit in this position from $1,213.00. The soft target set at the price of $1,245.00-$1.250.00. Consecutive higher value from last week is a good sign that buyers are in control and we have something called an upward trend. {image}

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Quoting Petar_Serbia

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Hello dear traders, Just wanted to post an update on my short term position and post an intraday example. I still hold EUR/CAD long from 1.4510 and 1.4570 (Soft target is around 1.4900). Anyway, most recently we got GDP m/m 0.6% 0.2% 0.2%, which created imbalance and volatility and that is what we want like professional traders. Now, Market profile gave us good clue about value for today and point of control and I found opportunity there. ALso, on the futures market, there is a big climactic action which suggesting that professionals money looking...

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Quoting Petar_Serbia

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{quote} Hello Traders, EUR/CAD is doing a good job and current plus is +2% or (260 pips) at the moment. Soft target still at 1.4900. Stop Loss on breakeven. Best Regards. Petar {image}

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Quoting Petar_Serbia

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My view on EUR/JPY > https://www.youtube.com/watch?v=rAJg...ature=youtu.be

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Quoting jhehe

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{quote} Great video! I do like this explanation of looking at both the market profile and bars to better explain this concept. However, I probably won't end of trading this pair just yet as I do find it is harder for me to do my own analysis on it. Still, great video overall. I hope to see more videos on the use of market profile as this is something I'm definitely not familiar with.

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Quoting Petar_Serbia

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My view on EUR/JPY > https://www.youtube.com/watch?v=rAJg...ature=youtu.be

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