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The ART of trading by Petar_Serbia

  • #2,781
  • Nov 30, 2017 7:19am Nov 30, 2017 7:19am
Quoting mrdfx
{quote} Wow great call on EU! +70 pips form your analysis!
Thank you very much

I created video for all of you Hope that you will enjoy >

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,782
  • Dec 1, 2017 9:03am Dec 1, 2017 9:03am
New video update for you >

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,783
  • Dec 3, 2017 7:30pm Dec 3, 2017 7:30pm
It's crazy! looking for follow up video for market open now that the markets have recovered and gained some on the optimism of the tax reform!
  • #2,784
  • Dec 4, 2017 7:25am Dec 4, 2017 7:25am
Quoting jhehe
It's crazy! looking for follow up video for market open now that the markets have recovered and gained some on the optimism of the tax reform!
It was one of the many ways how professionals and market makers trap the crowd. I saw many times that they use the gap to close form Friday positions and also make fake direction move for incoming days. I won't be surprised to see filling the gap and in next days more weakness. I made video where I explained current situation >

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,785
  • Dec 4, 2017 8:03am Dec 4, 2017 8:03am
Hello everyone,
GBP/USD made massive shakeout on Lonon FIX. A big sign of strength on the future market. There is an ultra high volume, wide spread of the bar and bar closed in the middle, this must be a strength. Any successful test of supply may confirm further upward movement on GBP/USD. Again, market makers traping the crowd in my opinion >

Levels to watch on GBP/USD are 1.3548 and 1.3600.
Attached Image (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #2,786
  • Dec 4, 2017 8:18am Dec 4, 2017 8:18am
Quoting Petar_Serbia
Hello everyone, GBP/USD made massive shakeout on Lonon FIX. A big sign of strength on the future market. There is an ultra high volume, wide spread of the bar and bar closed in the middle, this must be a strength. Any successful test of supply may confirm further upward movement on GBP/USD. Again, market makers traping the crowd in my opinion > Levels to watch on GBP/USD are 1.3548 and 1.3600. {image}
Successful test of supply confirmed > Watch for longs on GBP/USD >
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"Buy on fear, sell on greed !!!
  • #2,787
  • Dec 5, 2017 5:33am Dec 5, 2017 5:33am
Quoting Petar_Serbia
{quote} Successful test of supply confirmed > Watch for longs on GBP/USD > {image}
Hello traders,
GBP/USD made new low just to clean buyers with tight SL and I found today absorption of selling climax. Since we already got strength in the background, this may be a good area to start long positions. The level of 1.3510 might be a good level for a take profit.
Attached Image (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #2,788
  • Dec 5, 2017 5:36am Dec 5, 2017 5:36am
Quoting Petar_Serbia
{quote} It was one of the many ways how professionals and market makers trap the crowd. I saw many times that they use the gap to close form Friday positions and also make fake direction move for incoming days. I won't be surprised to see filling the gap and in next days more weakness. I made video where I explained current situation > https://www.youtube.com/watch?v=fb3X...ature=youtu.be
As I wrote yesterday. Median line is reached and also broken. We might see testing of lower diagonal around 112.10 and even lower in next period.
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"Buy on fear, sell on greed !!!
  • #2,789
  • Dec 5, 2017 7:43am Dec 5, 2017 7:43am
New video update :

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,790
  • Dec 7, 2017 8:09am Dec 7, 2017 8:09am
New video update

I will post also Wyckoff analysis on 5win and will do some paper analysis, stay tuned
Inserted Video
"Buy on fear, sell on greed !!!
  • #2,791
  • Dec 7, 2017 8:53am Dec 7, 2017 8:53am
Hello everyone,
As I promised my 5M paper Wyckoff analysis. I found potential accumulation building and wanted to share this with you. The projected target is around 1.1900-1.1950. Keep in mind that this is very small accumulation (few days). The larger the cause that stronger potential effect. The breakout of 1.1810 and successful re-test will confirm entry.

I marked letters on the paper and will post meaning here >

PS - Preliminary support (Demand)

SC - Selling climax

AR - Automatic rally

ST - Secondary test

SOS - Sign of strength

TSO Terminal shake out (Spring)

JAC - Jumping across the creek

Creek - THe line of resistance

Image is not that good quality >
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"Buy on fear, sell on greed !!!
  • #2,792
  • Dec 8, 2017 4:50am Dec 8, 2017 4:50am
Hello traders,
I exited my short-term positions and took a loss on both also started to sell EUR/USD from 1.1740 with the targeting of 500-600 pips. Key support levels, in my opinion, are set at 1.1550, 1.1430 and 1.1100.

The rule No. 1 in trading- investing is cut your losses as soon you feel uncomfortable with your position. Sounds simple, but many investors have learned the hard way how difficult it is to master the most important rule in investing. I learned on the hard way many years ago.No one wants to sell for a loss. It's an admission that you made a mistake or the market changed condition. But if you can set your ego aside, you can take a small loss and still be fit enough, both financially and mentally, to invest the next day. Cutting losses quickly prevent you from suffering a devastating fall that's too steep to recover from.

Check the table of how hard is to recover larger losses >
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Inserted Video
"Buy on fear, sell on greed !!!
  • #2,793
  • Dec 8, 2017 6:52am Dec 8, 2017 6:52am
Intraday bearish opportunity > Buying climax after the Non-Farm, big weakness is building. Watch for potential re-test of the low.
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"Buy on fear, sell on greed !!!
  • #2,794
  • Dec 11, 2017 3:44am Dec 11, 2017 3:44am
Hello traders,
I found is a downward trend (short term) on GBP/USD and broken intraday bearish flag, which is a sign that sellers are in control. My advice is to watch for selling opportunities with targets at 1.3320 and 1.3240 (flag projection).
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"Buy on fear, sell on greed !!!
  • #2,795
  • Dec 11, 2017 5:53am Dec 11, 2017 5:53am
Hello traders,
Another potential intraday-swing play on EUR/USD. I found broken rising wedge. The short-term trend is bearish. My advice is to watch for potential selling opportunities. The downward projection for this pattern is set at the price of 1.1730. According to the market profile, I found fake move on Asia session and good reversal on Europe + US session.

On my position trade, I am bearish from 1.1745. Will watch for 1.1560 to secure on BE if the EUR go there.
Attached Image(s) (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #2,796
  • Dec 11, 2017 6:41am Dec 11, 2017 6:41am
I got a question for you > Led by a very true quote by Jesse Livermore:

"I absolutely believe that price movement patterns are being repeated. They are recurring patterns that appear over and over, with slight variations. This is because the markets are driven by humans -- and human nature never changes."

I got 2 charts for you and wanted to ask you to tell me which are these two currency pairs. The chart from the right is currency pair which performed very well from the HSS formation most recently but the chart on the left is a currency pair, which might do the same thing in next period. Question is which are these 2 currency pairs on the image ?. Tell me your answers
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"Buy on fear, sell on greed !!!
  • #2,797
  • Dec 12, 2017 3:15am Dec 12, 2017 3:15am
Quoting Petar_Serbia
Hello traders, I found is a downward trend (short term) on GBP/USD and broken intraday bearish flag, which is a sign that sellers are in control. My advice is to watch for selling opportunities with targets at 1.3320 and 1.3240 (flag projection). {image}
Hello traders,
GBP/USD met target from yesterday
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"Buy on fear, sell on greed !!!
  • #2,798
  • Dec 12, 2017 3:24am Dec 12, 2017 3:24am
Quoting Petar_Serbia
Hello traders, Another potential intraday-swing play on EUR/USD. I found broken rising wedge. The short-term trend is bearish. My advice is to watch for potential selling opportunities. The downward projection for this pattern is set at the price of 1.1730. According to the market profile, I found fake move on Asia session and good reversal on Europe + US session. On my position trade, I am bearish from 1.1745. Will watch for 1.1560 to secure on BE if the EUR go there. {image} {image}
EUR/USD still awaiting more downward pressure. Broken rising wedge and fake breakout in the background. The short-term trend is bearish. Pattern projective target at 1.1730. Also, selling tail and rejection from POC on market profile >
Attached Image(s) (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #2,799
  • Dec 12, 2017 4:54am Dec 12, 2017 4:54am
Another potential good intraday-swing opportunity on USD/JPY. I found the broken intraday bullish flag and symmetrical triangle at the same time. The trend is bullish on the short-term perspective. Upward targets are set at the price of 113.70 and 113.90.

Market profile also confirms rejection from VOL POC and price POC together with poor high in the background >
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM512.png Size: 58 KB
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"Buy on fear, sell on greed !!!
  • #2,800
  • Dec 12, 2017 8:19am Dec 12, 2017 8:19am
Quoting Petar_Serbia
{quote} EUR/USD still awaiting more downward pressure. Broken rising wedge and fake breakout in the background. The short-term trend is bearish. Pattern projective target at 1.1730. Also, selling tail and rejection from POC on market profile > {image} {image}
Target met. Now, you got 2 options. If you are daytrader, you want to close your position but if you are swing trader you can scale half and let second half for another day or two. We got new low on EUR/USD at 1.1722. The old low at 1.1730 will act like resistance. My receipt for success is >

 

  1. Get the right education and always tend to learn from the successful people
  2. Once you got knowledge, work in the practice very hard
  3. Never let your losses to run, always cut when you see that you are not comfortable to hold
  4. Hold your winners and just add to it
  5. Build a strict money management rules and work on to improve
  6. If you use leverage, use very controlled leverage
  7. Find your favorite time-frame. Define what type of trader you want to be > scalper, day trader, swing trader, position trader
  8. Finally, be disciplined to stick to previous rules and results will come.


Cheers

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"Buy on fear, sell on greed !!!
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