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The ART of trading by Petar_Serbia

  • #3,021
  • Mar 13, 2019 12:09am Mar 13, 2019 12:09am
hi petar

let me know when your trading course is available and i will include it in my website recommendations

looking forward to it with interest

Neil
  • #3,022
  • Mar 13, 2019 3:26am Mar 13, 2019 3:26am
Quoting Nvp
hi petar let me know when your trading course is available and i will include it in my website recommendations looking forward to it with interest Neil
Hey mate,
I do expect that the website will be finished till the end of the March and I will let you know. We will provide two services. Daily reports on the market and intensive program. Prices for these two services will be very fair and you will all enjoy it. Thank you for the recommendation.

Now, lets back to the trading. I still hold my short on USD/CAD from yesterday but today I did secure position on the breakeven. Today, the value is building clearly lower and that is the second day in a row with a clearly lower value, which is an indication for the short-term downtrend. A lot of anomalies in the background to cover. Poor lows at 1.3300 and 1.3275 (weekly low) and then the big emotional multi-distribution day will be the task. I do expect that price enters into that emotional range and cover most of the anomalies there. Let's wait and see. One of the very important things in professional trading is to follow the position for the continuation and try to take good returns and press it once you are in a good spot. At the end of the day, this will separate the average trader from professional.

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #3,023
  • Mar 13, 2019 4:44am Mar 13, 2019 4:44am
thanks petar...I will stay in touch and be ready

im having a good day on the volatile GBPUSD ....been buying up from 3090s to 3160s so far ......

N
  • #3,024
  • Mar 18, 2019 5:19am Mar 18, 2019 5:19am
Hello everyone,
Today I was focusing on the GBP/USD for intraday trading and I finally got a decent setup for long so I took to buy from 1.3265 Got many reasons for buying. From the market profile standpoint, I found weak high at 1.3300, you will notice that in C print price missed testing overnight high by 1 tick, this is for me sign that weak traders sold early in the morning and that there is no excess, which means that buyers may visit and potential break that weak high during the day. Let's go more, C print got a lot of printing and seems like more emotional selling than anything else. D print went exactly into overnight low and sellers again went to sell, another sign of the weak money selling since so mechanical references they used for re-selling. Next, buying tail in H period and balancing for few hours + 7wide POC even the price tried to go lower but POC didn't migrate, another sign of potential strength incoming. There were also a few more nuances but this is already enough to take buying position and try to go long. I do expect re-test of the weak high at 1.3300 and potential breakout. Will try to take 60-70 pips ...


Feel free to comment or ask any question related to this post ...

Petar
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"Buy on fear, sell on greed !!!
  • #3,025
  • Mar 19, 2019 11:44am Mar 19, 2019 11:44am
Hello everyone,
Just finished update on the Gold > Feel free to watch ...The website will be ready till the end of the March...

Inserted Video


Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #3,026
  • Mar 20, 2019 9:02am Mar 20, 2019 9:02am
GBP/USD ready for the drop of 300-350 pips? Target zone 1.2900-1.2960
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"Buy on fear, sell on greed !!!
  • #3,027
  • Mar 21, 2019 2:21am Mar 21, 2019 2:21am
Quoting Petar_Serbia
GBP/USD ready for the drop of 300-350 pips? Target zone 1.2900-1.2960 {image}
Hello everyone,
If you didn't join this selling is still not too late for the drop of 300-400 pips.
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"Buy on fear, sell on greed !!!
  • #3,028
  • Mar 21, 2019 7:43am Mar 21, 2019 7:43am
GBP/USD with profile view >
Currently, the value and POC are building lower suggesting short-term downtrend. Generally, you don't want to fight the trend so selling on the rally is the corrrect thing to do. I already posted my view on regular chart and pattern that suggest further downside but for day-trading you want to sell on rally. Levels to watch on the downside are 1.3055 (6-day low) and 1.3000 (7-day low and round number). Today's POC is not that fat, which is a sign that price may still go lower in searching for the fairest price to conduct the business.


The website will be ready for the first of April so you can all join and enjoy the service. The analysis will be done by me and my friend and colleague using the different styles and analysis such as Market Profile, Classical chart patterns, Wolfs wave pattern, Andrew Pitchfork and etc.


Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #3,029
  • Mar 21, 2019 7:54am Mar 21, 2019 7:54am
Let's speak about EUR/USD >
Very interesting situation there. Yesterday's we got very emotional buyers went into positions on the FOMC statement. We got "too many" single prints in S period, which is a sign that odds were that EUR will go and try to visit the single prints and potentially fulfill all of them like we did today. The value for today is higher but since yesterday was a critical day. today's value is not primarily focus. The thing, which we focus a lot on the intensive program is how to understand what is the main focus for the market for the present day.

EUR/USD got double distribution trend down day and yesterday's fat POC at 1.1353 is the main task. After that, I see a cluster of lows at 1.1320 and only 15 pips separate 3 daily lows, which is calling institutions to clean the SL orders there. Basically, if you are not already short you will need to wait for some up correction to join.
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"Buy on fear, sell on greed !!!
  • #3,030
  • Mar 21, 2019 9:43am Mar 21, 2019 9:43am
Quoting Petar_Serbia
GBP/USD with profile view > Currently, the value and POC are building lower suggesting short-term downtrend. Generally, you don't want to fight the trend so selling on the rally is the corrrect thing to do. I already posted my view on regular chart and pattern that suggest further downside but for day-trading you want to sell on rally. Levels to watch on the downside are 1.3055 (6-day low) and 1.3000 (7-day low and round number). Today's POC is not that fat, which is a sign that price may still go lower in searching for the fairest price to conduct...
Sometimes the market is very kind to us. Price did behave exactly as expected. GBP/USD both supports filled 1.3055 and 1.3006, if you got short, this is time to scale your position. Next support is set at 1.2962 (poor low).

EUR/USD did fill the fat POC from yesterday at 1.1353 and its heading to visit 3-day low at 1.1320.
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"Buy on fear, sell on greed !!!
  • #3,031
  • Mar 22, 2019 3:17am Mar 22, 2019 3:17am
Quoting Petar_Serbia
Let's speak about EUR/USD > Very interesting situation there. Yesterday's we got very emotional buyers went into positions on the FOMC statement. We got "too many" single prints in S period, which is a sign that odds were that EUR will go and try to visit the single prints and potentially fulfill all of them like we did today. The value for today is higher but since yesterday was a critical day. today's value is not primarily focus. The thing, which we focus a lot on the intensive program is how to understand what is the main focus for the market...
Hello there,
As I pointed yesterday. "Too many single prints after the FOMC meeting minutes and a lot of lows near each other caused the SL hunting by professionals. Today's bad Manufacturing PMI numbers were only the trigger for that. Right now, If you got selling, it is a good time to exit due to also emotional sell-off and many single prints in Z period. Anyway, if the price continues to trade lower, support levels are seen at 1.1277, 1.1241 and 1.1177 (key short-term support).
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"Buy on fear, sell on greed !!!
  • #3,032
  • Mar 22, 2019 3:33am Mar 22, 2019 3:33am
After the weak structure on the downside yesterday on GBP/USD, today the value is building unchanged so far, which is a sign of indecision. Current fat POC is set at 1.3126. Yesterday, I found 2 poor rally highs at 1.3173 and 1.3226 (yesterday's high, which will be the potential task for buyers. Potentially some stops are for sure there. Unchanged value for today + weak structure on the downside yesterday suggest at least some really on the GBP and it is not a good day for any selling so far.
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"Buy on fear, sell on greed !!!
  • #3,033
  • Mar 22, 2019 4:02am Mar 22, 2019 4:02am
Personally, my favorite to trade today for intraday is USD/CHF. An interesting situation is happening. The big down day from 2 days ago left a lot of single prints in S period and the day closed near its low (sign of bearish momentum). Anyway, cause the day was with a lot of emotions the market need to rest a little bit before potential continuation so we got a very narrow range neutral day (sign of indecision for the day and potential pause). Today, the price went higher in Z period trying to get out of the already fat POC for today at 0.9927 but it started to rotate immediately so I started to sell. We also got 3 back to back poor lows suggesting no aggression on buying side.

Support levels to watch : 0.9927, 0.9912, 0.9903 and 0.9894.

This is the example of what you will get on one of our services called daily reports. You will receive a detailed explanation with the Market Profile chart and together with the bar chart so you can use it in your analysis and increase your odds for profit.

Again, these reports won't be signal service but it will bring you odds and important levels to watch. We will measure the odds based on our propriety understanding using the Profile and statistics and chart patterns.

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #3,034
  • Mar 22, 2019 5:56am Mar 22, 2019 5:56am
+13 pips so far and secured on breakeven, let's see can we reach objectives...
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"Buy on fear, sell on greed !!!
  • #3,035
  • Mar 25, 2019 4:30am Mar 25, 2019 4:30am
Hello traders
Today I found only one interesting opportunity. EUR/JPY looks tired on the way up and the 124.81 was the best that buyers did in past hours. Friday was the big double distribution down-day but the reaction today seems weak and with no aggression, which is a sign for me that sellers are still present. As I always mention, we focus on the value and the value for today is overlapping to lower, which is a sign of the short-term downtrend. POC is the next thing we are focusing and today's POC (124.28) is building lower relative to yesterday. We got poor low on Friday at 123.82 and weak low today at 123.87. Buyers basically managed to take most of the anomalies from Friday but that is all atm. My selling today was above today'value, which makes me a responsive trader. My main target is Friday's low at 123.83.

Quote
If your trades are not buying prices above value and selling prices below value, your trading circumstances will be favorable; the effect of your mistakes will be muted, and it will be relatively easy to recover from them. Mistakes outside these parameters can be disastrous and career-ending.
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"Buy on fear, sell on greed !!!
  • #3,036
  • Mar 27, 2019 3:26am Mar 27, 2019 3:26am
Hello everyone,
I am long on EUR/USD this morning from 1.1280. Basically, I found that there is the hesitation on the breakout of the 3-day balance and the support at 1.1264. There is the fake breakout of the support and price returned into the 3-day range (sign for strength). Watching the profile structure, we got FAT POC from yesterday and this is a sign that sellers became "short in the hole" (selling below the value and POC). Another interesting point is poor low back to back (2 days in a row), which suggest that sellers are not aggressive anymore and that that selling was done by weak trading money. Generally, my main goal is to see EUR back into yesterday's POC (1.1314) and to see a potential test of 2-day high at 1.1332. The breakout of the 1.1332 may confirm much higher prices but let's go step by step.
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"Buy on fear, sell on greed !!!
  • #3,037
  • Mar 28, 2019 3:31am Mar 28, 2019 3:31am
Hello,
If you wondering what is going on with my EUR/USD position, I am still bullish and still holding my long position from yesterday. Nothing has changed in terms of my view. Actually, yesterday's profile showed even more weakness in the structure for the downside. Yesterday was another rotational day with the poor high left. Now we got 3 poor highs back to back (this is now a massive sign that buyers may shake all of the late sellers from the previous day. Yesterday's value was clearly lower compared to the value from 2days ago but today's value is only overlapping to lower, which is the first sign of potential strength incoming watching only value to value relation. I do expect testing of 1.1315 (naked POC) and a potential test of 1.3330 (short-term resistance).
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"Buy on fear, sell on greed !!!
  • #3,038
  • Apr 1, 2019 2:52am Apr 1, 2019 2:52am
Hello traders,
Today, the strongest currency is definitely the GBP. You don't want to counter trend GBP cause that would be the biggest mistake. You can try long GBP/USD since there are the strength and momentum on your side, so your chances are much higher to make some money. Key upward references are set at 1.3137 (Friday's high) and 1.3194 (Weekly POC). The website will be ready this week.
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"Buy on fear, sell on greed !!!
  • #3,039
  • Apr 1, 2019 4:48am Apr 1, 2019 4:48am
Nice intraday trade and around 35 pips you could catch on this one. Now, we see some selling and lack of demand atm. It's not sell signal but it is signal to exit buying positions. Again, the biggest mistake that traders are doing is to fade the trend.
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"Buy on fear, sell on greed !!!
  • #3,040
  • Apr 1, 2019 7:29am Apr 1, 2019 7:29am
Hello traders,
Wanted to post an update on my new entry. I bought USD/JPY from 111.03. Got many reasons for this buying. Let me start with a market profile view. 2 weeks ago we got double distribution week but the last week sellers didn't have the power to follow through, which is an indication of the potential strength incoming. Today, I found that value is building higher relative to the previous week and also I found poor high from today at 111.18, which is an indication of weak money selling and no completion of the upward auction. I expect that price back into upper distribution from 2 weeks ago and a potential test of 111.39 (weekly POC).

Ok, now let's see what is the situation on the candle chart. I found a confirmed inverted head and shoulders pattern and upward trend defined.

Finally, let's see what happened today on a fundamental perspective. Very big negative surprise data on Retail Sales m/m but all the market did is a shakeout and make the public emotionally sell the USD cause of bad numbers. Anyway, professionals used this even to unload their positions.


This kind of opportunities you will get on daily reports. We will include also intraday opportunities together with swing opportunities.

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