NEW Candles Formation Trading -Petar Formation | Page 26 | Forex Factory

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NEW Candles Formation Trading -Petar Formation

  • #501
  • Aug 24, 2010 2:00am Aug 24, 2010 2:00am
Quoting pet
really can't..oh i see many pips turned into cash in my account in their collective glory..(sic)

the two trades i took Monday morning

cabble - All targets met tp1@ 1.5528, tp2@ 1.5467

gbpyen - 2 targets met tp1@ 132.29, [email protected], atm approaching tp3 @130.90 , will see

charts posted at entry below
target tp3@ 130.90 acheived, wow feels so good
  • #502
  • Aug 24, 2010 2:03am Aug 24, 2010 2:03am
Quoting pet
target tp3@ 130.90 acheived, wow feels so good
Congratulation
"Buy on fear, sell on greed !!!
  • #503
  • Aug 24, 2010 2:06am Aug 24, 2010 2:06am
Congratulations Pet.

żLooking any new fish in the water?.

P.
  • #504
  • Aug 24, 2010 4:35am Aug 24, 2010 4:35am
Took buy on cable H1 i will upload picture later...





Cheers
"Buy on fear, sell on greed !!!
  • #505
  • Aug 24, 2010 5:40am Aug 24, 2010 5:40am
Quoting Petar_Serbia
As i said you can this formation with many setups...For example EURUSD H4 i see Gann+formation is very powerfull on larger frame i didnt check on smaller frame >





Look >


Petar
Peter,

Let me ask you a question:

Can your method make money if you use it by itself or do you have to use it conjunction with other factors (i.e. PA, indicators, etc.)?

Thanks,
Michael
  • #506
  • Aug 24, 2010 5:48am Aug 24, 2010 5:48am
Quoting finally
Peter,

Let me ask you a question:

Can your method make money if you use it by itself or do you have to use it conjunction with other factors (i.e. PA, indicators, etc.)?

Thanks,
Michael
No,this is formation and i use it according my personality ,usually with pure price action,trendlines....But as you can see i posted EURUSD on h4 with Gann also looks good,you can find you way to trade this formation...


Cheers


Petar
"Buy on fear, sell on greed !!!
  • #507
  • Aug 24, 2010 5:49am Aug 24, 2010 5:49am
Quoting 45Fxguy
Interesting template Ducke, can you post it?
Your PSAR set at defaults?
NonLagMA repaint at all?
1) yes
2) yes
3) yes, see post #346

Ducke
Attached Image (click to enlarge)
Click to Enlarge Name: duckepetar2.gif Size: 37 KB
Attached File(s)
File Type: tpl Ducke_petar.tpl   5 KB | 419 downloads
  • #508
  • Aug 24, 2010 5:53am Aug 24, 2010 5:53am
Quoting pet
really can't..oh i see many pips turned into cash in my account in their collective glory..(sic)

the two trades i took Monday morning

cabble - All targets met tp1@ 1.5528, tp2@ 1.5467

gbpyen - 2 targets met tp1@ 132.29, [email protected], atm approaching tp3 @130.90 , will see

charts posted at entry below
I am glad you took good pips
"Buy on fear, sell on greed !!!
  • #509
  • Aug 24, 2010 6:09am Aug 24, 2010 6:09am
Quoting finally
Peter,

Let me ask you a question:

Can your method make money if you use it by itself or do you have to use it conjunction with other factors (i.e. PA, indicators, etc.)?

Thanks,
Michael
Look this is example with pure price action and trendlines >



You can see trade just when you have formation on strong levels,trendlines


Look >


Petar
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyy.gif Size: 16 KB
"Buy on fear, sell on greed !!!
  • #510
  • Aug 24, 2010 6:12am Aug 24, 2010 6:12am
THis is unzoomed picture >
Attached Image (click to enlarge)
Click to Enlarge Name: unzoomed.gif Size: 21 KB
"Buy on fear, sell on greed !!!
  • #511
  • Aug 24, 2010 6:23am Aug 24, 2010 6:23am
Look Cable i clearly can see strong points and i think this is also on of strong points we will see,i have buy i will go for 60 pips on Mid TP if i see strong UP i will add another position



Cheers




Petar
Attached Image (click to enlarge)
Click to Enlarge Name: strong.gif Size: 17 KB
"Buy on fear, sell on greed !!!
  • #512
  • Aug 24, 2010 6:49am Aug 24, 2010 6:49am
Petar, any SL on this deal?.

James

Quoting Petar_Serbia
Look Cable i clearly can see strong points and i think this is also on of strong points we will see,i have buy i will go for 60 pips on Mid TP if i see strong UP i will add another position



Cheers




Petar
  • #513
  • Aug 24, 2010 6:52am Aug 24, 2010 6:52am
Quoting James Pier
Petar, any SL on this deal?.

James
I dont want to sepak about that becouse this isnt signal thisi my view i usually place below last swing and add 10-15 pips...


Cheers



Petar
"Buy on fear, sell on greed !!!
  • #514
  • Aug 24, 2010 6:59am Aug 24, 2010 6:59am
Ok thanks Petar.
  • #515
  • Aug 24, 2010 7:05am Aug 24, 2010 7:05am
Quoting James Pier
Ok thanks Petar.
You are welcome
"Buy on fear, sell on greed !!!
  • #516
  • Aug 24, 2010 7:57am Aug 24, 2010 7:57am
Quoting ducke
1) yes
2) yes
3) yes, see post #346

Ducke
Thanks Petar, & ducke,
The setup also seems to have scalping potential on 5 min charts etc too.

Petar, does the last version of Petar3BarPattern-v1 indi find the "Petar Formations", to your complete satisfaction yet?
Attached Image (click to enlarge)
Click to Enlarge Name: mtf non lag ma with zigzag channels and psar.gif Size: 62 KB
  • #517
  • Aug 24, 2010 8:10am Aug 24, 2010 8:10am
Quoting 45Fxguy
Thanks Petar, & ducke,
The setup also seems to have scalping potential on 5 min charts etc too.

Petar, does the last version of Petar3BarPattern-v1 indi find the "Petar Formations", to your complete satisfaction yet?
Yea my friend on first post is indicator for my formation...


Use formation like confirmation and use good MM >>>



Petar
"Buy on fear, sell on greed !!!
  • #518
  • Aug 24, 2010 8:18am Aug 24, 2010 8:18am
Quoting 45Fxguy
Thanks Petar, & ducke,
The setup also seems to have scalping potential on 5 min charts etc too.

Petar, does the last version of Petar3BarPattern-v1 indi find the "Petar Formations", to your complete satisfaction yet?
Heh my friend you still love to scalp i hope we will all earn pips
"Buy on fear, sell on greed !!!
  • #519
  • Edited 8:23am Aug 24, 2010 8:21am | Edited 8:23am
Quoting 45Fxguy
Thanks Petar, & ducke,
The setup also seems to have scalping potential on 5 min charts etc too.
45Fxguy, I use the NewPetardo Indicator, only gives signals when the candle LC has a long tail or long shadow, similar to the formations placed on the first page.

Ducke
  • #520
  • Aug 24, 2010 8:38am Aug 24, 2010 8:38am
Quoting Petar_Serbia
Yea my friend on first post is indicator for my formation...


Use formation like confirmation and use good MM >>>



Petar
Petar, on the Petar3bar indicator, does the dot appear after the leading Candle has completed or after the Second Candle has completed?

Thanks
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