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The ART of trading by Petar_Serbia

  • #3,041
  • Apr 2, 2019 5:01am Apr 2, 2019 5:01am
Quoting Petar_Serbia
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. {image}

hey Petar........yes GBP is doing well this week so far ......the GBP index generated 120+ bull pips yesterday but is fading and now ranging

in fact ive been selling Cable london session today ......

lets see where the red GBP index goes next ......green USD also having a bull week so far ....so that has made Cable a little less profitable when we bought it yesterday

yellow JPY has been a solid sell so far .....

N
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  • #3,042
  • Apr 2, 2019 5:55am Apr 2, 2019 5:55am
Quoting Nvp
{quote} hey Petar........yes GBP is doing well this week so far ......the GBP index generated 120+ bull pips yesterday but is fading and now ranging in fact ive been selling Cable london session today ...... lets see where the red GBP index goes next ......green USD also having a bull week so far ....so that has made Cable a little less profitable when we bought it yesterday yellow JPY has been a solid sell so far ..... N {image}
Hey mate,
Yes, GBP was good for some intraday trading yesterday on the bullish side but today I don't like any currency for day trading. One of the key elements in professional trading is to know when to just do nothing and wait for tomorrow and potentially better day. I don't like price action and I don't see any clear trend-momentum on the majors. Only AUD/USD we got sell of after the statement but most of the daily range is filled. Anyway, my USD/JPY is resting now and I am still holding my long position from 111.03 (positions secured on BE). So far, very natural day but the value is building higher and we got poor high, which is a sign that more upside is expected.

I can't wait to alert you when the website is ready but this week you can expect
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"Buy on fear, sell on greed !!!
  • #3,043
  • Edited 4:57am Apr 3, 2019 4:39am | Edited 4:57am
Quoting Petar_Serbia
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. {image}
Hello fellas,
Do you remember my post from a few days ago on GBP/USD? Price did exactly what we expected and fat point of control from last week is on the test today at 1.3194. So far, I found rejection from POC, which is that POC is acting like a strong resistance today. Value for today is clearly higher but the day looks like a rotational. We also got a breakout of the 2-day balance in the background and key resistance at 1.3150. Anyway, the potential good play here can be if the price back into 2-day balance range and go again below 1.3150, this will be a good sell opportunity with a target at 1.3006. Anyway, the momentum and trend for the day is still bullish, so the best way is to wait to see how today will play out.

I still hold USD/JPY long position from 111.03. Potential target area around 111.90.

Best Regards,
Petar
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  • #3,044
  • Apr 3, 2019 9:10am Apr 3, 2019 9:10am
Quoting Petar_Serbia
{quote} Hello fellas, Do you remember my post from a few days ago on GBP/USD? Price did exactly what we expected and fat point of control from last week is on the test today at 1.3194. So far, I found rejection from POC, which is that POC is acting like a strong resistance today. Value for today is clearly higher but the day looks like a rotational. We also got a breakout of the 2-day balance in the background and key resistance at 1.3150. Anyway, the potential good play here can be if the price back into 2-day balance range and go again below 1.3150,...
As I suggested earlier this morning the GBP/USD got rejected from the FAT POC from last week at 1.3194 and price is trading back into 2-day balance. This is one of our signature trades (price looked above the balance and failed). The target is the other side of the balance, which is, in this case, the bottom of the balance at 1.3006.

This is the power of the Market Profile analysis and understanding of the distribution process.
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  • #3,045
  • Apr 4, 2019 8:23am Apr 4, 2019 8:23am
Quoting Petar_Serbia
{quote} As I suggested earlier this morning the GBP/USD got rejected from the FAT POC from last week at 1.3194 and price is trading back into 2-day balance. This is one of our signature trades (price looked above the balance and failed). The target is the other side of the balance, which is, in this case, the bottom of the balance at 1.3006. This is the power of the Market Profile analysis and understanding of the distribution process. {image}
Hello traders,
I am still holding my long on USD/JPY from 111.03 and my target is around 111.90. The GBP/USD again did what I alerted you that it might happen. GBP got rejected from major POC from last week and price did back into the 2-day balance range. Target is the bottom of the trading range at 1.3007.
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  • #3,046
  • Apr 5, 2019 9:29am Apr 5, 2019 9:29am
Quoting Petar_Serbia
{quote} Hello traders, I am still holding my long on USD/JPY from 111.03 and my target is around 111.90. The GBP/USD again did what I alerted you that it might happen. GBP got rejected from major POC from last week and price did back into the 2-day balance range. Target is the bottom of the trading range at 1.3007. {image}
Hello traders,
Our signature trade did work very well and today the target was met. The rejection from the fat POC and backing into 2-day balance did a good job and 120 pips gained. I also want to let you know that the website will be online on Monday, April 8. Will let you know about the link and all the details.

Also, my USD/JPY bullish position from 111.03 is still active and in good plus but I did secured for 2% gain and will let to see how it will play. The bullish trend is still stable and there are no big signs of reversal yet. The main objective moved to 112.05.
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  • #3,047
  • Apr 8, 2019 10:41am Apr 8, 2019 10:41am
Quoting Petar_Serbia
{quote} Hello traders, Our signature trade did work very well and today the target was met. The rejection from the fat POC and backing into 2-day balance did a good job and 120 pips gained. I also want to let you know that the website will be online on Monday, April 8. Will let you know about the link and all the details. Also, my USD/JPY bullish position from 111.03 is still active and in good plus but I did secured for 2% gain and will let to see how it will play. The bullish trend is still stable and there are no big signs of reversal yet. The...
Hello everyone,
Just to update you about the site and my positions. The website is in very final optimization so I really do expect that this week we will be online and ready to welcome you. About the positions, I did close USD/JPY position with 2% gain and today I did one intraday trade on AUD/USD and mate 1% gain. The USD/JPY did 4 days in a row neutral days with the fat point of controls, which is a sign of indecision. Today, the value is clearly lower and there is potential for double distribution trend day. This is the sign of the potential change in trend dynamic from bullish to bearish. So far, this month is good and I do expect a very positive month. I have no positions atm.


Best Regards,
Petar
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  • #3,048
  • Apr 9, 2019 8:33am Apr 9, 2019 8:33am
Quoting Petar_Serbia
{quote} Hello everyone, Just to update you about the site and my positions. The website is in very final optimization so I really do expect that this week we will be online and ready to welcome you. About the positions, I did close USD/JPY position with 2% gain and today I did one intraday trade on AUD/USD and mate 1% gain. The USD/JPY did 4 days in a row neutral days with the fat point of controls, which is a sign of indecision. Today, the value is clearly lower and there is potential for double distribution trend day. This is the sign of the potential...
Hello traders,
Just to update you on my view for today. Tomorrow is the very tight news day where we have ECB press conference and the FOMC meeting minutes on the same day. Investors and news traders awaiting for tomorrow but we do some intraday trading and today I did buy EUR/USD from 1.1278 and will try to take 25-50 pips. The 2day trend is very strong on the upside and the momentum is really picking up so I started to buy. Value for today is clearly higher relative to yesterday and the price tried to trade into lower distribution from yesterday but without success, which is a good sign for the further upward price. I plan to hold position maximum till the end of the day but we will see what will happen. The website is almost ready just little more patience and maybe even tomorrow we can welcome you all.

Best Regards,
Petar
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  • #3,049
  • Apr 10, 2019 8:57am Apr 10, 2019 8:57am
Hello traders,
I did close EUR/USD on the breakeven but took a short position today after the successful test of the high and after the failure to sustain the bullish breakout of the balance. The 2day trend shifted in my opinion from bullish to bearish and now EUR/USD is back with the 20-day downward trend. Key short-term resistance now became the level of 1.1290 and key support at 1.1183. Speaking of market profile, I found the selling tail and aggressive sellers did enter the market after the ECB press conference. Also, the value is overlapping to lower relative to yesterday profile plus there is potential for double distribution trend day today, so I started to sell. I am targeting last week poor low at 1.1183.

The website will be ready TOMORROW !!!
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  • #3,050
  • Apr 10, 2019 7:04pm Apr 10, 2019 7:04pm
Quoting Petar_Serbia
Hello traders, I did close EUR/USD on the breakeven but took a short position today after the successful test of the high and after the failure to sustain the bullish breakout of the balance. The 2day trend shifted in my opinion from bullish to bearish and now EUR/USD is back with the 20-day downward trend. Key short-term resistance now became the level of 1.1290 and key support at 1.1183. Speaking of market profile, I found the selling tail and aggressive sellers did enter the market after the ECB press conference. Also, the value is overlapping...
Hello traders,
Tomorrow I will announce the website URL so you can join and become our member. I just wanted to update my position on EUR/USD. I closed EUR/USD with a small loss and I started to build a long position from 1.1276. There is strong rejection from the very fat multiweeks POC at 1.1228. After the FOMC meeting minutes, we got the shakeout and strong rejection V shape price action, which is an indication that buyers are still present and that they found the price the reacted fast. Resistance levels set at 1.1314 and 1.1332.

Supports levels are seen at 1.1262 and 1.1228.

Best Regards,
Petar
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  • #3,051
  • Apr 11, 2019 3:10am Apr 11, 2019 3:10am
Hello everyone,
I want to announce that we are online and that you can join and check our services and become part of our trading family.

The website is https://www.prosperiumfx.com/

"Buy on fear, sell on greed !!!
  • #3,052
  • Apr 11, 2019 6:51am Apr 11, 2019 6:51am
Quoting Petar_Serbia
{quote} Hello traders, Tomorrow I will announce the website URL so you can join and become our member. I just wanted to update my position on EUR/USD. I closed EUR/USD with a small loss and I started to build a long position from 1.1276. There is strong rejection from the very fat multiweeks POC at 1.1228. After the FOMC meeting minutes, we got the shakeout and strong rejection V shape price action, which is an indication that buyers are still present and that they found the price the reacted fast. Resistance levels set at 1.1314 and 1.1332. Supports...
Closed EUR/USD on the breakeven and did buy USD/JPY from 111.12 with a target of about 20 pips. Will post chart and analysis later. To always be updated on the market and potential everyday opportunities, join us on www.prosperiumfx.com.

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #3,053
  • Apr 12, 2019 5:26am Apr 12, 2019 5:26am
Quoting Petar_Serbia
{quote} Hello traders, Tomorrow I will announce the website URL so you can join and become our member. I just wanted to update my position on EUR/USD. I closed EUR/USD with a small loss and I started to build a long position from 1.1276. There is strong rejection from the very fat multiweeks POC at 1.1228. After the FOMC meeting minutes, we got the shakeout and strong rejection V shape price action, which is an indication that buyers are still present and that they found the price the reacted fast. Resistance levels set at 1.1314 and 1.1332. Supports...
Hello traders,
The rejection from fat POC at 1.1229 was critical this week and EUR/USD did great rally today. Our first resistance at 1.1314 is on the test. Next upward references are at 1.1332 (poor weakly high), 1.1352 (POC from a few weeks ago).
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  • #3,054
  • Apr 12, 2019 5:38am Apr 12, 2019 5:38am
I also promised you that I will post USD/JPY reason for entry. I took about 40 pips on USD/JPY yesterday and the USD/JPY is still going. It was a nice catch. Reason for my long entry yesterday was that market became quite down there at 110.85 and after the 2 downtrend days, the third day left a massive point of control at 111.14, which was a clear signal for me that we may see or consolidation or the good rally so I bought. Nuances are critical to making a good decision. Also, I got a few more reasons but I explained that to my members. Don't miss the opportunity and become the part of www.prosperiumfx.com family.

Best Regards,
Petar
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  • #3,055
  • Apr 12, 2019 5:55am Apr 12, 2019 5:55am
What is going on with the GBP? THe massive point of control at 1.3071 is in total control and the price can't go any direction for weeks. Probably investors and speculators awaiting new fundamentals to potentially get away from this massive balance. I am not touching the GBP as long as we are seeing this kind of balance.
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  • #3,056
  • Apr 15, 2019 4:37am Apr 15, 2019 4:37am
Hello traders,
Wanted to post you my updates on the market. I am bearish on USD/JPY from 111.96 due to the successful test of Friday's high and the value is unchanged relative to Friday. Also, we got 2 bullish trend-days in a row and odds are in favor of at least some decent downward correction. My target is around Friday's low at 111.60. Also. I am bullish on AUD/USD (swing trade) due to the breakout of the consolidation base, a target is set around 0.7270-2.7290. To find more updates on the market and new opportunities every day, I am calling you to join www.prosperiumfx.com. The insights on the market you will get every day is very valuable.

Best Regards,
Petar
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  • #3,057
  • Apr 15, 2019 11:26am Apr 15, 2019 11:26am
Video explanation of our services and website :

Inserted Video


Join us and don't waste your valuable time with 95% of nonimportant stuff...
"Buy on fear, sell on greed !!!
  • #3,058
  • Apr 16, 2019 6:02am Apr 16, 2019 6:02am
Quoting Petar_Serbia
Hello traders, Wanted to post you my updates on the market. I am bearish on USD/JPY from 111.96 due to the successful test of Friday's high and the value is unchanged relative to Friday. Also, we got 2 bullish trend-days in a row and odds are in favor of at least some decent downward correction. My target is around Friday's low at 111.60. Also. I am bullish on AUD/USD (swing trade) due to the breakout of the consolidation base, a target is set around 0.7270-2.7290. To find more updates on the market and new opportunities every day, I am calling...
Hello traders,
Just update on USD/JPY and AUD/USD. USD/JPY traded neutral yesterday and closed neutral so I decided to let the position for one extra day and see how it will play. So far today the USD/JPY is showing profit and the value is overlapping to lower relative to yesterday, which is a positive sign. The resistance at the price of 112.10 held successfully and I do expect downward day. My target is around Friday's low at 111.58. AUD/USD is showing some loose atm after the meeting minutes but I am still holding long position (this position is more swing trade)
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  • #3,059
  • Apr 17, 2019 8:36am Apr 17, 2019 8:36am
Hello traders,
Just wanted to update you on my entries. AUD/USD is showing good recovery since yesterday's drop and I am still holding my swing long position. From another side, I did exit yesterday on USD/JPY with the small lose but today I again started bearish position from 112.00 this time and an even better price than yesterday. I still do expect a decent downward correction on USD/JPY before any further buying. Also, there is a fake breakout of the key resistance at the price of 112.10 and strong reaction from the sellers. In my opinion, buyers did everything they can in the past few days and lost their interest in buying USD, which will open the door for the sellers. I target Friday's low at 111.60. Of course, will watch to secure position if USD/JPY test yesterday's poor low at 111.84.


Feel free to join our services and increase your chance of making money on the market. www.prosperiumfx.com


Best Regards,
Petar
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  • #3,060
  • Apr 18, 2019 11:37am Apr 18, 2019 11:37am
Hello dear traders,
I did close USD/JPY on the breakeven. Anyway, I did an analysis on majors right now and found an interesting opportunity on the USD/CAD. I bought USD/CAD from 1.3380. Will mention a few reasons for my decision. Let's start with the market profile view. I found that today's value is overlapping to higher relative to the yesterday, which is a sign that short-term trend is bullish. Also, I found a weak high at 1.3400 and I expect the breakout of that level. Seems like some group of traders did scale out positions there but there are no serious signs of weakness yet.

On the futures market, we got absorption of the buying climax in the background, keep in mind on the futures it is inverted equation CAD/USD. And after the absorption, the CAD weakness was defined with weak demand and that downward trading channel. Most recently, there was a rejection of the 20MA and upthrust. I do expect a potential test of 1.3447-1.3350.

Feel free to join www.prosperiumfx.com and always be in sync with the new opportunities on the market >>>

Best Regards,
Petar
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