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  • #2,721
  • Oct 31, 2017 11:04am Oct 31, 2017 11:04am
hi peter..
iam reading your thread from the beginning..
you were taken stunning trades...
can you please explain the volume indicator ? is it the same in mt4 platform? or a different one?
  • #2,722
  • Oct 31, 2017 11:33am Oct 31, 2017 11:33am
New video about GBP and interest rate decision only for you

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,723
  • Oct 31, 2017 12:06pm Oct 31, 2017 12:06pm
Quoting Pradarp
hi peter.. iam reading your thread from the beginning.. you were taken stunning trades... can you please explain the volume indicator ? is it the same in mt4 platform? or a different one?
Hello Pradarp,
Thank you for your kind words and welcome to the thread. Hope that you will enjoy. FX spot market got tick volume, which I am not using, I use Currency futures symbols to get understanding what is going on with activity. Volume shows the activity of trading during this time period. If the volume is taken in isolation it means very little. It is always relative volume we are interested in. It is very large subject and it takes serious approach, knowledge, and experience. I always use all pieces of information which I can collect before any position I take. The whole concept how I trade I teach on my mentorship program. If you are interested you can contact me via Skype.

Feel free also to post your analysis or questions

Enjoy thread
"Buy on fear, sell on greed !!!
  • #2,724
  • Oct 31, 2017 5:28pm Oct 31, 2017 5:28pm
Petar,

"Feel free also to post your analysis or questions

Enjoy thread"

Can you show proof of your trading performance?
Thanks
  • #2,725
  • Oct 31, 2017 7:24pm Oct 31, 2017 7:24pm
Quoting 4Xfactor
Petar, "Feel free also to post your analysis or questions Enjoy thread" Can you show proof of your trading performance? Thanks
Hello there,
The best proof is my journal from 2010 and still going. I also do provide proof but only for students who start the mentorship program. Anyway, the best proof is this journal which consists 7 years of live calls on the market. In this business is about consistency and dedication. Proper knowledge and hard work are necessary if you want to achieve any success.

I will quote Jesse Livermore
"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor."
"Buy on fear, sell on greed !!!
  • #2,726
  • Oct 31, 2017 9:07pm Oct 31, 2017 9:07pm
Quoting Petar_Serbia
{quote} Hello there, The best proof is my journal from 2010 and still going. I also do provide proof but only for students who start the mentorship program. Anyway, the best proof is this journal which consists 7 years of live calls on the market.
Hi Petar,
It looks like Catch 22 here. Your potential clients won't pay for your mentorship program before they see proof like your TE or Myfxbook account. However, you won't show that proof until after they pay for your service.

Experienced traders all know that, making live calls is different from actual trading. Actual trading is way harder.
  • #2,727
  • Nov 1, 2017 8:05am Nov 1, 2017 8:05am
Quoting pooh123
{quote} Hi Petar, It looks like Catch 22 here. Your potential clients won't pay for your mentorship program before they see proof like your TE or Myfxbook account. However, you won't show that proof until after they pay for your service. Experienced traders all know that, making live calls is different from actual trading. Actual trading is way harder.
Hello there,
I won't argue with you. I see that you are here just to provoke. As I said, there is no better proof of someone work than 7 years of live trading calls together with many live video analysis. I am in this business about 10 years doing fulltime trading and I work on an institutional level for large investors. You need to embrace the analysis and education I share here and which I will continue through my services from next year when I create a company. I will tell you one thing when I started to trade 10 years ago. I was very similar to you by attitude and I always argued and refused anything from anyone. As I gathered experience and grew mentally as well, I began to listen to veterans in this business very carefully. I started to read their work and I was reading 3 books a week and I still reed and improve myself. I won my ego and that opened doors for improving me like a trader and as well like a person. Now, I am starting my business, I already work on an institutional level, I am also an official analyst for Insta for more than 5 years. All of the results came by very hard work and putting my ego aside.
Since I mainly work like analyst for different institutional investors I cant share these results, I started my own fund with my friend a few months ago and that I can share with students. My education and my live video analysis which will be part of my business from next year are for people who like my work, method and for traders who want to improve their performance. Don't forget that every trader must find the way which suits his-her style and think on the market. I am here to educate and share my 10 years of experience and my method.

Again, try to focus on trading and posting potential trading ideas rather than trying to provoke or have a negative attitude.
"Buy on fear, sell on greed !!!
  • #2,728
  • Nov 1, 2017 8:15am Nov 1, 2017 8:15am
Back to trading ...

GBP/USD did in my opinion classic intraday trap during the news > Manufacturing PMI 56.3 55.8
The news created mark up and potential trapped buyers since the most of the crowd went long. Anyway, we got strong buying climax followed by no demand on the futures market and that was also rejection from 1.3315 (pivot resistance 1). Today, we can have a good short day. Don't forget FOMC Statement later today.

Market Profile showing us selling tail in the background and many anomalies in previous upward movement, which is a strong sign of weakness. Interesting that we got weakness just 24H before interest rate decision in GB. Seems like informed traders doing their job by trying to put the crowd into heavy buying positions so they can sell from them.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Weakness.png Size: 116 KB
Click to Enlarge Name: GBPUSDM30profile.png Size: 151 KB
Click to Enlarge Name: GBPUSDM1501.png Size: 78 KB
"Buy on fear, sell on greed !!!
  • #2,729
  • Nov 1, 2017 8:34am Nov 1, 2017 8:34am
Quoting Petar_Serbia
{quote} Again, try to focus on trading and posting potential trading ideas rather than trying to provoke or have a negative attitude.
Hi Petar, Please don't get me wrong. I just feel that, it is a reasonable request to show traders verifiable proof of your trading performance before they spend their hard earn dollars on your service. Please understand that, in this business of trading education, there are no shortage of scammers. Actually I believe 99% of commercial trading educators are scammers. And many of them say the same thing about themselves, like being institutional traders, running a hedge fund, bla bla. IMHO, all commercial trading educators should be presumed to be scammers until their TE/Myfxbook account prove otherwise.

Also, I agree with a lot of the stuff you said, like traders should get rid of their ego, every trader must find his/her own trading style. So please don't feel offended.
  • #2,730
  • Nov 1, 2017 8:41am Nov 1, 2017 8:41am
Quoting pooh123
{quote} Hi Petar, Please don't get me wrong. I just feel that, it is a reasonable request to show traders verifiable proof of your trading performance before they spend their hard earn dollars on your service. Please understand that, in this business of trading education, there are no shortage of scammers. Actually I believe 99% of commercial trading educators are scammers. And many of them say the same thing about themselves, like being institutional traders, running a hedge fund, bla bla. IMHO, all commercial trading educators should be presumed...
I am not offended but as I said there is no better proof than 7 years of the journal of my traders. Anyway, I will do provide in future also MT4 statements and track record since I don't work now via MT4 on my own fund. I use brokerage platform here in Serbia. But, of course, no problem for me to open an MT4 account and put my trades there as well. I just needed to write honestly to tell you that even you see the results for few months or so, in reality, it doesn't mean much. There are many ways how people can trick you, trading for examples 10 different systems for 6 months and only attach successful ones on myfxbook. I would still prefer to understand trader thinking and way he-she doing analysis rather than watch statements but anyway in future will do provide MT4 statement as well for traders who like to see that My point is to help traders and improve their results and understanding on market.
"Buy on fear, sell on greed !!!
  • #2,731
  • Nov 1, 2017 9:53am Nov 1, 2017 9:53am
New video for you >

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,732
  • Nov 2, 2017 6:18am Nov 2, 2017 6:18am
Quoting Petar_Serbia
New video for you > https://www.youtube.com/watch?v=jAB6-2Y2lz4
As I mentioned yesterday, weakness in the background is building for few days and it may result in drop on GBP/USD today. Sellers already started to sell the block of orders. They may use BOE interest rate decision in 40 minutes to create more sell block orders. Still holding my short from 1.3500 with a target around 1.2800.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdnoww.png Size: 119 KB
Click to Enlarge Name: GBPUSDM3002.png Size: 107 KB
"Buy on fear, sell on greed !!!
  • #2,733
  • Nov 2, 2017 6:54am Nov 2, 2017 6:54am
The interesting situation on USD/CAD for intraday play > Professional locked sellers into the poor situation by letting them for a bearish breakout and then buying into their selling, which created good intraday opportunity on USD/CAD for buying. TP levels set at 1.2875 and 1.2915.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15intradayplay.png Size: 57 KB
"Buy on fear, sell on greed !!!
  • #2,734
  • Nov 2, 2017 7:04am Nov 2, 2017 7:04am
brother... u were 100 % right on cable... I like you
  • #2,735
  • Nov 2, 2017 7:37am Nov 2, 2017 7:37am
Quoting Pradarp
brother... u were 100 % right on cable... I like you
Thank you very much

This is new video >

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"Buy on fear, sell on greed !!!
  • #2,736
  • Nov 2, 2017 12:10pm Nov 2, 2017 12:10pm
My view on EUR/USD >
Inserted Video
"Buy on fear, sell on greed !!!
  • #2,737
  • Nov 2, 2017 12:17pm Nov 2, 2017 12:17pm
Peter - what TPO add on are you using in MT?
  • #2,738
  • Nov 2, 2017 1:48pm Nov 2, 2017 1:48pm
Quoting kxr123
Peter - what TPO add on are you using in MT?
Hello there and welcome to the thread.
I am using TPO Chart 2 for larger profiles and Market profile multi-sessions for the intraday sessions separated profile.
"Buy on fear, sell on greed !!!
  • #2,739
  • Nov 2, 2017 1:52pm Nov 2, 2017 1:52pm
Thanks. I had not reviewed TPOChart2 ...
  • #2,740
  • Nov 3, 2017 8:24am Nov 3, 2017 8:24am
As expected >

Inserted Video
"Buy on fear, sell on greed !!!
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