The ART of trading by Petar_Serbia | Page 135 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Art of Trading with MTF Stochastics 1,017 replies

The art of Trading MAs 883 replies

The Zen art of trading 24 replies

ok thats it!!! trading is more an art then a math algorithm 35 replies

Trading: Part Science and Part Art 28 replies

Attachments: The ART of trading by Petar_Serbia
Exit Attachments

The ART of trading by Petar_Serbia

  • #2,681
  • Edited 8:09am Oct 4, 2017 7:42am | Edited 8:09am
Something interesting on EUR/USD on Ses. profile and volume on futures. Spike (buying climax on futures) + started rotation from sellers on US. ses yesterday and today fake breakout of yesterday's high. Hmmm, what to expect Anyway, it is intraday trading so define proper your risk and watch for news during the day. Even when you do trade intraday, you need to be more informed than the competition if you want to build good result.

1.1747 first objective on spot FX EUR/USD

Best Regards,
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: instradaEURPRofile.png Size: 161 KB
Click to Enlarge Name: climax.png Size: 132 KB
"Buy on fear, sell on greed !!!
  • #2,682
  • Oct 5, 2017 5:58am Oct 5, 2017 5:58am
Quoting Petar_Serbia
{quote} 50 points in plus so far. It looks like sellers slowly but steadily taking control from buyers. There are updated charts > The power of smart observation using Market Profile is crucial. {image} {image}
Hello,
What to say more than incredible progress on GBP/USD since my original entry (+330 points currently). Being able to pick exactly the best instrument, which will produce good volatility and good movement is insane

The price broke 1.3200 level and there is space for potential testing of 1.3050, 1.2925 and 1.2800 ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM3005.png Size: 174 KB
Click to Enlarge Name: GBPUSDWeekly05.png Size: 52 KB
"Buy on fear, sell on greed !!!
  • #2,683
  • Oct 5, 2017 8:15am Oct 5, 2017 8:15am
Quoting Petar_Serbia
Something interesting on EUR/USD on Ses. profile and volume on futures. Spike (buying climax on futures) + started rotation from sellers on US. ses yesterday and today fake breakout of yesterday's high. Hmmm, what to expect Anyway, it is intraday trading so define proper your risk and watch for news during the day. Even when you do trade intraday, you need to be more informed than the competition if you want to build good result. 1.1747 first objective on spot FX EUR/USD Best Regards, Petar {image} {image}
This is just an update of myEUR/USD call for the lower price on intraday prospective > Good progress so far and potential re-test of 1.1700 is expected.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM30now.png Size: 227 KB
Click to Enlarge Name: Progresseurusd.png Size: 184 KB
"Buy on fear, sell on greed !!!
  • #2,684
  • Oct 6, 2017 6:54am Oct 6, 2017 6:54am
Hello traders,
GBP/USD is doing a fantastic job since my original entry from 1.3500 Anyway, wanted to post intraday situation on GBP/USD. In my opinion informed traders doing a trap for buyers buy strong buying climax with more than 6k contracts on futures 6B. Intraday market profile telling us that values are moving lower and that buying is risky. Interesting that this strong climax happened 45 minutes before Non-farm employment change in the USA. Hmmm, informed trader maybe trying to trap crowd before the news or they got already information and a good clue about what the number will be...

Maybe 1.3 can be tested today, we will see. I am sitting on my short-term sell from 1.3500.


Trade safe,
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdtrap.png Size: 113 KB
Click to Enlarge Name: GBPUSDM30intradayprofile.png Size: 116 KB
"Buy on fear, sell on greed !!!
  • #2,685
  • Oct 9, 2017 7:56am Oct 9, 2017 7:56am
Hello traders,
Today GBP/USD went upward to revisit Friday's pivot and take a breath of downward movement but I see potential re-continuation of downward is very close to happening. The biggest volume on futures happened on the way up and that confirmed potential stop activity for further upward. There is also a breakout of the 3H channel. Watch for potential intraday selling opportunities. I still hold my short from 1.3500.

Trade safe
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30nw.png Size: 65 KB
Click to Enlarge Name: climax.png Size: 128 KB
"Buy on fear, sell on greed !!!
  • #2,686
  • Oct 10, 2017 5:43am Oct 10, 2017 5:43am
Hello everyone,
I found Buying climax today on Futures 6B (GBPUSD)and testing of resistance, which is a sign for potential selling in next period. ON the Market Profile I found 3 periods high in Europe ses. which is a sign that buyers lost power. We may see re-test of low at 1.3130 or at least 1.3160.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: climaxofday.png Size: 142 KB
Click to Enlarge Name: GBPUSDM1510.png Size: 127 KB
"Buy on fear, sell on greed !!!
  • #2,687
  • Oct 10, 2017 8:08am Oct 10, 2017 8:08am
More Charts and trading ideas for you Gold found a strong distribution peak from 2 weeks ago and rejected with selling tail. According to intraday chart, there is broken rising wedge and hidden bearish divergence on OSMA. My advice is to watch for selling opportunities with an INtraday target at $1.283.30. If we see short-term swing this week price my re-visit strong POC from last week at $1.274.50. ALso, low from last week around $1.260 looks weak.

Enjoy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUUSDM30profile.png Size: 130 KB
Click to Enlarge Name: XAUUSDM15now.png Size: 58 KB
"Buy on fear, sell on greed !!!
  • #2,688
  • Oct 11, 2017 9:34am Oct 11, 2017 9:34am
Update on GBP/USD >

I am still holding sell from 1.3500 and I see that this rally which started this week might be over. It is normal that we see rally after the drop of almost 600 pips in past 2 weeks. Today's value didn't shift higher and buyers are losing power at this stage, which may open the door for a new wave of sellers. In my opinion, the rally started due to few revisions this week but upside looks very limited. I still advise you to watch for potential selling opportunities.

Regular chart analysis looks also bearish since there is a breakout of the 3-day upward channel, which is another sign of weakness. Now, when we combine Market Profile understanding and regular analysis picture, we got clues about the next scenario.

Feel free to comment and tell me your opinion

Trade safe,
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30valueremained.png Size: 121 KB
Click to Enlarge Name: GBPUSDM15regularchart.png Size: 90 KB
"Buy on fear, sell on greed !!!
  • #2,689
  • Oct 12, 2017 6:54am Oct 12, 2017 6:54am
Quoting Petar_Serbia
{quote} Hello, What to say more than incredible progress on GBP/USD since my original entry (+330 points currently). Being able to pick exactly the best instrument, which will produce good volatility and good movement is insane The price broke 1.3200 level and there is space for potential testing of 1.3050, 1.2925 and 1.2800 ... {image} {image}
What to say other than, everything going exactly how I planned. As I wrote yesterday, 2-3 day correction is absolutely normal and today GBP/USD washed all weak buyers and made them cry I am still holding short from 1.3500 and you know I am targeting area round 1.2930-1.2800.

Quote
“
Quote
As long as a position is acting right, and the market is right, do not be in a hurry to take a profit. You know you are right because if you were not, you would have no profit at all. Let it ride and ride along with it. It may grow into a very large profit, and as long as the “action of the market does not give you any cause to worry,” have the courage of your convictions and stay with it.” -Jesse Livermore
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30profile.png Size: 221 KB
Click to Enlarge Name: GBPUSDM15regular.png Size: 96 KB
"Buy on fear, sell on greed !!!
  • #2,690
  • Oct 12, 2017 9:33am Oct 12, 2017 9:33am
New video for you

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,691
  • Oct 13, 2017 7:18am Oct 13, 2017 7:18am
Quoting Petar_Serbia
New video for you https://www.youtube.com/watch?v=sJgv...ature=youtu.be
Market makers are playing with the crowd Over and over I see these situations when there is good news in media and market makers only cover their shorts.
IN yesterday example there was news about that Barnier may offer UK 2 year transition stay in EU market.
Good news or a temporary lull in the market has allowed market makers to mark up the price into the area where most of the stops have been placed. This means that if you have stops in that area you are forced to buy away from the true value to cover your perfectly good short position.
If there is no good news available the news media will simply make it up to explain away the sudden up move taken place on any particular day.

The interesting situation on futures GBP. The movement was almost 130 pips after the news but the volume didn't confirm that large volatility. Today we already got 163K contracts traded on futures market but the result is very poor for buyers, now this is a strong sign of potential weakness on the GBP/USD. Market Profile confirming that current weak value didn't shift higher and remained flat relative to the previous week. I still hold my short from 1.3500. Anyway, this zone where the GBP/USD now looks like a good opportunity to start new selling.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: crowdtrap.png Size: 131 KB
Click to Enlarge Name: GBPUSDM3013.png Size: 223 KB
"Buy on fear, sell on greed !!!
  • #2,692
  • Oct 13, 2017 9:18am Oct 13, 2017 9:18am
I explained in the video how the Market Makers trapping crowd > This is my explanation based on about 10 years of experience trading the markets.

Inserted Video



Feel free to comment or ask any question
"Buy on fear, sell on greed !!!
  • #2,693
  • Oct 13, 2017 12:14pm Oct 13, 2017 12:14pm
Bar almost finished and this now becomes clear that weakness appeared on GBP/USD futures. The bar will close in the middle with very strong volume= professionals not interested in upward price. Informed traders still hold their shorts from a few weeks ago.
Attached Image (click to enlarge)
Click to Enlarge Name: now.png Size: 133 KB
"Buy on fear, sell on greed !!!
  • #2,694
  • Oct 17, 2017 5:27am Oct 17, 2017 5:27am
Hello traders,
Today interesting intraday opportunities on GBP/USD and USD/JPY >

GBP/USD created a bearish flag and there is a fake breakout of the pivot. My advice is to watch for selling opportunities with targets at 1.3213 and 1.3175. WIll post later Profile chart >
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1517.png Size: 73 KB
"Buy on fear, sell on greed !!!
  • #2,695
  • Oct 17, 2017 6:14am Oct 17, 2017 6:14am
Quoting Petar_Serbia
Hello traders, Today interesting intraday opportunities on GBP/USD and USD/JPY > GBP/USD created a bearish flag and there is a fake breakout of the pivot. My advice is to watch for selling opportunities with targets at 1.3213 and 1.3175. WIll post later Profile chart > {image}
And there we go

S1 broken

Next targets at 1.3175 and 1.3125
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15now.png Size: 74 KB
"Buy on fear, sell on greed !!!
  • #2,696
  • Oct 17, 2017 11:12am Oct 17, 2017 11:12am
Quoting Petar_Serbia
{quote} And there we go S1 broken Next targets at 1.3175 and 1.3125 {image}
GBP/USD did exactly what I called this morning. Hope that you got this movement. Price tested second pivot support at 1.3175. If you traded from my call, you would be in plus about 90 pips.
I am still holding my bearish position from 1.3500 and I am targeting 1.2930-1.2800.
Will do video update soon.


Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15profit.png Size: 73 KB
Click to Enlarge Name: GBPUSDM30profile.png Size: 237 KB
"Buy on fear, sell on greed !!!
  • #2,697
  • Oct 17, 2017 1:53pm Oct 17, 2017 1:53pm
Video I promised

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,698
  • Oct 18, 2017 7:09am Oct 18, 2017 7:09am
Hello traders,
Today GBP/USD again showing weakness. As I said yesterday, informed traders again trapped intraday buyers using the high impact news today >
Average Earnings Index 3m/y 2.2% 2.1%. What happened is that price went higher and rejected from the pivot at the price of 1.3212. I found on futures market intraday buying climax and close bar well of the high, which is a strong sign of weakness. According to market profile, there is a VAL lower compared to yesterday and double distribution day (trend) from yesterday. Sellers are in control. Downward targets are set at 1.3135, 1.3080 and if we got huge volatility day third target at 1.3005.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30profileeeee.png Size: 102 KB
Click to Enlarge Name: GBPUSDM15pivot.png Size: 61 KB
Click to Enlarge Name: intradayweakness.png Size: 111 KB
"Buy on fear, sell on greed !!!
  • #2,699
  • Oct 19, 2017 8:06am Oct 19, 2017 8:06am
Hello traders,
Today again sellers in control on GBP/USD. Very nice sell setup who traded Asia Ses. Anyway, the market is giving another chance for intraday sellers to establish sell position around the pivot at 1.3185. There is also overbought stochastic. Downward targets set at 1.3113 (S2) and 1.3087 (S3). In the background, there is a broken intraday rising wedge, which adds more to bearish momentum.

Profile showed classic Europe reversal play. The beauty of trading intraday using market profile and pivot point price action. When I do trade intraday I like to see everything in alignment and good space for good RRR play for the day.

Feel free to post your charts and comments >


Trade safe
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM1519.png Size: 94 KB
Click to Enlarge Name: Europereversal.png Size: 142 KB
"Buy on fear, sell on greed !!!
  • #2,700
  • Oct 19, 2017 8:20am Oct 19, 2017 8:20am
USD/JPY also in a very good zone for potential buying > Rejection from pivot S1 and strong hidden bullish divergence on the Stochastic. Potential targets at 113.28 and 113.60.

Market Profile telling the same story. Overlapping higher value + weak high and buying tail on the bottom >

Trading doesn't need to be complicated at all. You just need right knowledge and education and then it's all about practice !!!

I can teach you on my mentorship program my unique approach for Intraday trading and also for Short-term swing trading. They are totally different on intraday trading its more mechanical trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM15upday.png Size: 58 KB
Click to Enlarge Name: USDJPYM30potentialbottom.png Size: 92 KB
"Buy on fear, sell on greed !!!
4 traders viewing now