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The ART of trading by Petar_Serbia

  • #2,861
  • Mar 7, 2018 4:15am Mar 7, 2018 4:15am
hey Petar

it has been a long time since we talked ....I hope you are well

it is so good to see you prospering my friend ...you have truly found your Edge in the market !

I would love to take a look at the website you are launching and see how you view the market

my edge is slightly different but i constantly strive to work with other good traders to ensure my edge is sharpened and I am always looking to learn and share where i can

can you ping me at [email protected] and we can catch up ?

hey ----- im still a forex strengthmeter freak ......now trading pretty much F/T .....unless i am on vacation ...like i am at the moment

Neil
NVP
fxcorrelator.com
  • #2,862
  • Mar 7, 2018 6:12am Mar 7, 2018 6:12am
Hello to everyone,
Just want to post an important message to my readers and subscribers. I will no longer post my entries since I started to work on institutional level and will have very limited time. Anyway, I opened Darwinex with my partner so you can invest in us and check live all the statistic you want to know. Our symbol is PCM and you can find the link here https://www.darwinex.com/darwin/PCM.4.16. If you are new to Darwinex, you can read more about on their website: www.darwinex.com
I was working on my unique concept for more than 5 years and finally gather all the pieces of the puzzle to establish stable trading and constant performance. I am still doing one on one mentorship program but the price is not below 10K USD.

If you got any questions about investing or anything else you can contact me via skype : petar.jacimovic

I am working with my partner on the website but it will be for presentation purpose and more oriented to investors.


Cheers
Petar
"Buy on fear, sell on greed !!!
  • #2,863
  • Mar 7, 2018 6:53am Mar 7, 2018 6:53am
Hi Petar,

Glad that the pieces finally came together for you. Wish you all the best !
  • #2,864
  • Apr 18, 2018 5:44am Apr 18, 2018 5:44am
Hello dear traders,
Long time I didn't post but found some time to update you on GBP since there is very interesting situation ATM. I found a massive selling climax after the bad date CPI y/y today, which caused the crowd and news traders to sell. Anyway, let's try to analyze what happened and what we may expect in future.

According to the M15 time - frame on the futures chart 6B I found interesting development and I market letters on the chart and will explain separately.

a - Widespread of the bar on ultra high volume (20 480 contracts) - Selling climax (sign of strength). Anyway, we need to see next few bars to confirm the strength.
b - Very next bar got narrowed range relative to the previous bar and volume decreased + bar closed in the middle. This must be a strength. Professionals started potential absorption.
c - Another bearish bar with even lower volume than the previous bar + closed in the middle. Another confirmation that professionals are bullish and that absorption of selling climax started.
d - Another bearish bar and again closed near the high on even lower volume than previous 3 bars. This confirms no selling pressure and since we got the big sign of strength (selling climax followed by narrow range bar) in the background, this may be good are to the establish a long position. Keep in mind that short - mid-term trend is bullish.

I also checked the situation on the Profile chart and that picture confirmed strength. I found that price went well of the today's value and that stopped exactly at POC from a few days ago. I found a buying tail and speaking of the picture on Profile, this confirms strength on the GBP. Professionals, in my opinion, started absorption of selling climax. If they complete absorption we might see much stronger GBP in next few days.

I am trading on the institutional level but I am still around that when I see something interesting I am happy to share with you

Hope that you liked my explanation.

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #2,865
  • Apr 19, 2018 6:39am Apr 19, 2018 6:39am
Quoting Petar_Serbia
Hello dear traders, Long time I didn't post but found some time to update you on GBP since there is very interesting situation ATM. I found a massive selling climax after the bad date CPI y/y today, which caused the crowd and news traders to sell. Anyway, let's try to analyze what happened and what we may expect in future. According to the M15 time - frame on the futures chart 6B I found interesting development and I market letters on the chart and will explain separately. a - Widespread of the bar on ultra high volume (20 480 contracts) - Selling...
Another smaller climax after the bad Retail Sales number and another trap for sellers. Professionals are still bullish from yesterday. They will try to absorb climax from yesterday and if they succeed, that can lunch new demand for GBP. I am still very bullish on GBP.

Notice how much volume decreased after the negative Retail number. Sellers got short in the hole!
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"Buy on fear, sell on greed !!!
  • #2,866
  • May 2, 2018 8:42am May 2, 2018 8:42am
Do you still do your live skype room? I would love to be apart
gotta lose to win big...
  • #2,867
  • May 6, 2018 9:38am May 6, 2018 9:38am
Quoting Tripletease
Do you still do your live skype room? I would love to be apart
Hello Tripletease and welcome to the thread.
Unfortunately, I don't have time to be with the traders and trade, since I work for the fund and got very limited time. Anyway, I can offer a complete 1-month (2 hours per day) education program if you are serious about trading. And we will cover in depth market profile and how I use it when I day trade. I do intraday trading every day but I am also a position-swing trader.


Will try to post my analysis here in next week If I find some time and give you some of the potential scenarios for the session-day. Also, let me know on which currencies you will want to have my view for intraday-session trade and will try to do

If you have any question about mentorship program, feel free to add me on skype petar.jacimovic

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #2,868
  • Edited 5:47pm May 6, 2018 3:38pm | Edited 5:47pm
Quoting Petar_Serbia
{quote} Hello Tripletease and welcome to the thread. Unfortunately, I don't have time to be with the traders and trade, since I work for the fund and got very limited time. Anyway, I can offer a complete 1-month (2 hours per day) education program if you are serious about trading. And we will cover in depth market profile and how I use it when I day trade. I do intraday trading every day but I am also a position-swing trader. Will try to post my analysis here in next week If I find some time and give you some of the potential scenarios for the session-day....
I am serious about trading as I recently already paid someone else to teach me the ins and outs of the TPO chart( acceptance/rejection, imbalance/balance ,absorbtion/exhaustion, OTF presence... ect) but that guy trades Nifty Stock. Just wanted be around a forex trader to see how he tackle setups live but its cool your busy

Intrested to see ANY analysis from you on youtube/this thread on ANY pair that provides you valid setups. GBP/USD would be cool for you to observe as I see weakness in the market and want to see how you would approach bearish setups.

Peace out!

EDIT: I recently got the multisession profile inducator because of you, can I know the ses#1,2,3,4 start & end times you use?
gotta lose to win big...
  • #2,869
  • May 7, 2018 3:10am May 7, 2018 3:10am
Quoting Tripletease
{quote} I am serious about trading as I recently already paid someone else to teach me the ins and outs of the TPO chart( acceptance/rejection, imbalance/balance ,absorbtion/exhaustion, OTF presence... ect) but that guy trades Nifty Stock. Just wanted be around a forex trader to see how he tackle setups live but its cool your busy Intrested to see ANY analysis from you on youtube/this thread on ANY pair that provides you valid setups. GBP/USD would be cool for you to observe as I see weakness in the market and want...
Hello there,
I found some time to post my view today on GBP/USD. Today is a classic example of low confidence opening on Europe session. GBP/USD made 4 prints wide in first 2 hours + we couldn't go below overnight low. When we have low confidence opening opportunities are small and especially when we trade inside of Friday's range. Anyway, according to current situation, most likely scenario is that we go and visit Friday's overnight high at 1.3564 and potentially Friday's point of control at 1.3705. The second scenario is that GBP/USD re-visit overnight low at 1.3528 and shift lower and potentially try to visit Fridays' low at 1.3486.On a composite profile that value is overlapping to lower and that is currently preventing GBP/USD to go any substantially higher. The third scenario is that price just remains in the balance. The first scenario is most likely according to the current opening on London session but the best thing to do is to stay away from this type of opening and conflicting information.

I wanted to post this view today because knowing when not to trade can save you from a lot of trouble in professional trading

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #2,870
  • May 7, 2018 10:49am May 7, 2018 10:49am
Quoting Petar_Serbia
{quote} Hello there, I found some time to post my view today on GBP/USD. Today is a classic example of low confidence opening on Europe session. GBP/USD made 4 prints wide in first 2 hours + we couldn't go below overnight low. When we have low confidence opening opportunities are small and especially when we trade inside of Friday's range. Anyway, according to current situation, most likely scenario is that we go and visit Friday's overnight high at 1.3564 and potentially Friday's point of control at 1.3705. The second scenario is that GBP/USD re-visit...
Just update on GBP/USD. The first scenario from the morning went exactly like I planned . The price went to re-visit overnight low and then rotated higher and took off overnight high and tested Friday's point of control Even in a low confidence opening on London, you can manage to grab some pips. Today I didn't trade for myself but some of my students did.

Have a good day and will post my view and scenarios for tomorrow.

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #2,871
  • May 8, 2018 3:07am May 8, 2018 3:07am
Hello traders,
I found very interesting opportunity on EUR/JPY. I found a breakout of 2-day balance and a very directional opening with solid confidence early in the London session, which is a sign that traders knew what they wanted to do from the very start. I am short of 129.78. Key support I see is set at 129.00 and will try to see how much market can give me on this one

An interesting view is that today buyers didn't even have the power to go inside yesterday's value, which was a very strong clue that buyers are weak and that sellers are in control.
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"Buy on fear, sell on greed !!!
  • #2,872
  • May 16, 2018 3:50am May 16, 2018 3:50am
Hello traders,
I found some time to post today's good teaching example of high confidence opening. When there is high confidence opening you want to be in the position as early you can and EUR/NZD today is a good example. If you check the picture you will see one timeframe trading lower, lower value and acceptance below the overnight low, which is a sign that sellers are in control and those morning traders knew what they wanted to know from the very start. I have also placed composite profile where you can see some of the important levels to watch for potential take profits today. Levels at 1.7157 (distribution peak) and the level of 1.7127 (Monday low) are very solid profit taking levels.

Seems like Monday strength was only due to news from last week and the hype from last week. In my opinion, larger operators are bearish and they sold into public buying. Let's see. I am also short-term bearish on EUR/NZD.


If you have any question feel free to ask >

Best Regards,
Petar
Attached Image(s) (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #2,873
  • May 16, 2018 5:18am May 16, 2018 5:18am
Quoting Petar_Serbia
Hello traders, I found some time to post today's good teaching example of high confidence opening. When there is high confidence opening you want to be in the position as early you can and EUR/NZD today is a good example. If you check the picture you will see one timeframe trading lower, lower value and acceptance below the overnight low, which is a sign that sellers are in control and those morning traders knew what they wanted to know from the very start. I have also placed composite profile where you can see some of the important levels to watch...
You can see the result by yourself . Sellers are very strong and since the price broke my 2 levels the third objective target is set at 1.7070.

It is not every day like this but the point is you can trade only when there is a high probability of good trade. When I do the intraday trade I usually trade 2 days in a week.
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"Buy on fear, sell on greed !!!
  • #2,874
  • May 16, 2018 6:51am May 16, 2018 6:51am
excellent work Petar......thanks for your expert input at FF

N
  • #2,875
  • May 17, 2018 4:01am May 17, 2018 4:01am
Quoting Nvp
excellent work Petar......thanks for your expert input at FF N
Thank you very much mate for your kind words

Today again EUR/NZD most interesting for me. I sold again from around 1.7147 (Intraday position). Weak buyers from the early London session and single prints in the background. On the composite profile, I still see that value is building lover relative to yesterday. Seems like a legit place for new shorts.

I still hold my sell on swing position from 1.4235.


Best regards,
Petar
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"Buy on fear, sell on greed !!!
  • #2,876
  • May 17, 2018 5:58am May 17, 2018 5:58am
Quoting Petar_Serbia
{quote} Thank you very much mate for your kind words Today again EUR/NZD most interesting for me. I sold again from around 1.7147 (Intraday position). Weak buyers from the early London session and single prints in the background. On the composite profile, I still see that value is building lover relative to yesterday. Seems like a legit place for new shorts. I still hold my sell on swing position from 1.4235. Best regards, Petar {image} {image}
Very good progress so far and currently +35 pips. My objective for today is the current daily low at 1.7051.


Lets see how this will finish
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"Buy on fear, sell on greed !!!
  • #2,877
  • May 18, 2018 7:15am May 18, 2018 7:15am
Hello traders,
Got some time to post you a good educational example on GBP/JPY today. I marked some major points which caught my attention. On the session separated I found that Asia session was 100% long which represents a big caution since Europe session may retrace or rejected that. Anyway, let's try to solve what is market telling us. The attempted direction that Asian ses. traders trying to build was upward and they failed by closing below yesterday's high at 149.83. This is a strong clue that something is cooking here from sellers. The Europe session started very flat with big indecision in few hours (smart traders awaited more information). Finally, in period H the market went and closed below the initial balance, which confirmed the direction and potential play for the day by smart money. Next thing which happened in favor of sellers is that Value was building lower on London session relative to Asia session, which is another good sign that sellers taking control from buyers. I started to sell from H print.

Let's check now composite profile. We can clearly see that shape of yesterday's profile was P (potential short covering - weakness), this is a big clue since we got potential selling opportunity today, this only adds more to our shorts. Some downward reference points are at 149.41 (point of control from yesterday) and 149.05 (pullback low from yesterday). The level of 148.75 is also a good reference point since it is yesterday's low. If you can notice the only big conflict information we got is that on the composite profile the value is building higher. Now, since we got a lot of more clues from downside, this can be a potential play for the downside.

If you have any question, feel free to ask >

Petar
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"Buy on fear, sell on greed !!!
  • #2,878
  • May 19, 2018 3:58am May 19, 2018 3:58am
Quoting Petar_Serbia
Hello traders, Got some time to post you a good educational example on GBP/JPY today. I marked some major points which caught my attention. On the session separated I found that Asia session was 100% long which represents a big caution since Europe session may retrace or rejected that. Anyway, let's try to solve what is market telling us. The attempted direction that Asian ses. traders trying to build was upward and they failed by closing below yesterday's high at 149.83. This is a strong clue that something is cooking here from sellers. The Europe...
Hello traders,
I found time to post an update on the GBP/JPY. As I expected the smart money sold into weak buying. The market speaks to us it is always a task for a trader recognize what the market is trying to say. Market Profile gives us an enormous amount of information that we can use to understand market language. THe position is still active and I secure on breakeven. I am planning to hold into the next week and try to take bigger profit.

This is how it looks now on composite profile >

Have a good weekend and speak to you on Monday.

Petar
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"Buy on fear, sell on greed !!!
  • #2,879
  • Aug 15, 2018 5:42am Aug 15, 2018 5:42am
Hello everyone,
Long time I didn't post due to my full dedication in trading for the fund but found today time to post my view on Cable. I hope that you all doing good

Today what I found on Cable is lack of buying power for any larger upward correction. The GBP/USD is in a downward trend in all perspective. I always start by analyzing with monthly bar. I found there clear onetime farming lower and there is a breakout of upward trendline and 4-month base in the background.

Speaking of market profile > ON session separated profile I found a fake breakout of overnight high at 1.2725 and lack of buying power to even test yesterday's low, which is a sign that sellers are in control. I found potential selling tail also in D period and H period, which only adds more into weakness. I see GBP/USD on intraday prospective lower and a potential test of 1.2690. After that will depend on how much buyers can react from overnight low. If they lack buying power, Cable can continue more downward.
On the composite profile, I found clearly lower value in relation to yesterday value, which is another sign of weakness.

Best Regards,
Petar
Attached Image(s) (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #2,880
  • Aug 15, 2018 8:55am Aug 15, 2018 8:55am
Quoting Petar_Serbia
Hello everyone, Long time I didn't post due to my full dedication in trading for the fund but found today time to post my view on Cable. I hope that you all doing good Today what I found on Cable is lack of buying power for any larger upward correction. The GBP/USD is in a downward trend in all perspective. I always start by analyzing with monthly bar. I found there clear onetime farming lower and there is a breakout of upward trendline and 4-month base in the background. Speaking of market profile > ON session separated profile I found...
Good progress so far. Sellers in full control and we got one-timeframe trading lower. You can still hold the position since there are is no sign of any reversal...
Remember, trading is about art and understanding that we are risk managers in the first place. Also, without a strong understanding of the market and the principles, you have very little chance to compete in today's market. It took me more than 7 years to define what is important what is not and to create a sound approach. Now I trade for a large firm and I trade for my own capital. To get to this stage you need a lot of dedication and hard work. You will have good and bad periods but here is the tip. Once I managed to loose small on bad periods and to recognize when the market conditions are not good for my style of trading, I became much more profitable. ON the good periods you need to be aggressive and extend the good run and on that way increase your overall performance.
I still do a mentoring but due to lack of time, I can manage only one person per month. Enough talk from me >>>

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
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