NEW Candles Formation Trading -Petar Formation | Page 28 | Forex Factory

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NEW Candles Formation Trading -Petar Formation

  • #541
  • Aug 24, 2010 4:19pm Aug 24, 2010 4:19pm
all target on cable up till tp4 met and out at 1.5389, very good trade, very good day

now euro,will see

edit> now iclose for the day with euro at 1.2622, entry was 1.2678
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  • #542
  • Aug 24, 2010 4:37pm Aug 24, 2010 4:37pm
Quoting pet
all target on cable up till tp4 met and out at 1.5389, very good trade, very good day

now euro,will see

edit> now iclose for the day with euro at 1.2622, entry was 1.2678
Congratulation i seen unexpexted drop from USD and i dont know reason i watched football Partizan is in Leauge Champion
"Buy on fear, sell on greed !!!
  • #543
  • Aug 24, 2010 7:33pm Aug 24, 2010 7:33pm
might of been a sell off because of the existing home sales report...
  • #544
  • Aug 24, 2010 7:36pm Aug 24, 2010 7:36pm
Quoting Petar_Serbia
Heh my friend you still love to scalp i hope we will all earn pips
Yeah still like to try my hand at scalping now & then, & like the price action candle formation that you discovered.
By the way that was a 60 pip scalp....
  • #545
  • Aug 24, 2010 7:40pm Aug 24, 2010 7:40pm
Quoting ducke
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
Thanks Ducke, think I like this one the best too.
  • #546
  • Aug 24, 2010 9:31pm Aug 24, 2010 9:31pm
Just a quick note, I have read the whole thread, got the indicator and it looks good so far. BIG THANK YOU to all involved, to Petar in particular. I was confused with the logic just as others were, but with the help of the indicator I think I have it nailed down.

Soooo, I have took a sell on GBP/USD weekly, so far so good, but with the RRR 1:1 it is going to take 400 pips, so we'll see.

Thank you again.

Krk
  • #547
  • Aug 25, 2010 12:36am Aug 25, 2010 12:36am
@Drucke, i see all people using Dezil indi, i download your too i see good formation too your own, i see few trade so maybe more stable, i test now then i post some graph later


sorry english not my first speak
  • #548
  • Aug 25, 2010 12:41am Aug 25, 2010 12:41am
Petar and all elders here i thank you, i see some good technic in people post is it good to ask them how they do it so they win or we talk on formation. I like Gann you use with formation and other too
  • #549
  • Aug 25, 2010 3:25am Aug 25, 2010 3:25am
Quoting franc
Petar and all elders here i thank you, i see some good technic in people post is it good to ask them how they do it so they win or we talk on formation. I like Gann you use with formation and other too
Morning guys ,


YOu are welcome franc
"Buy on fear, sell on greed !!!
  • #550
  • Aug 25, 2010 3:40am Aug 25, 2010 3:40am
All trades looks very good


Cable back to track GBPJPY almost 100 pips profit and same with EURJPY



THis is Updates >


Cheers


Petar
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"Buy on fear, sell on greed !!!
  • #551
  • Aug 25, 2010 3:54am Aug 25, 2010 3:54am
Quoting 45Fxguy
Yeah still like to try my hand at scalping now & then, & like the price action candle formation that you discovered.
By the way that was a 60 pip scalp....
Good my friend
"Buy on fear, sell on greed !!!
  • #552
  • Aug 25, 2010 6:46am Aug 25, 2010 6:46am
ON EURUSD still wait price above trendline to buy this pair >

We have formation also confirm from HIlo but trendline looks strong for EUR pair no i wail wait to see break...

For now i am netural on this pair


Cheers




Petar
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"Buy on fear, sell on greed !!!
  • #553
  • Aug 25, 2010 6:55am Aug 25, 2010 6:55am
CHF finaly come to Key zone and this is potencial Buy setup for me,we will see...




Cheers




Petar
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"Buy on fear, sell on greed !!!
  • #554
  • Aug 25, 2010 8:10am Aug 25, 2010 8:10am
My advice for AUD is to go Buy after we see trendline break,we have formation and also on 423.6 Very solid setup i think...



Cheers



PEtar
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"Buy on fear, sell on greed !!!
  • #555
  • Aug 25, 2010 10:01am Aug 25, 2010 10:01am
sold euro again today, will see, first target 1.2611, i put stop @ 1.2688, will evaluate when price gets there hopefully, still looking bearish for me atm, and towards 1.2507 area looking attractive
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  • #556
  • Aug 25, 2010 10:05am Aug 25, 2010 10:05am
Quoting pet
sold euro again today, will see, first target 1.2611, i put stop @ 1.2688, will evaluate when price gets there hopefully, still looking bearish for and towards 1.2507 area looking attractive, will see
I am netural on this pair till i dont see breka my trendline on H4 for buy




Cheers


Petar
"Buy on fear, sell on greed !!!
  • #557
  • Aug 25, 2010 10:08am Aug 25, 2010 10:08am
Quoting pet
sold euro again today, will see, first target 1.2611, i put stop @ 1.2688, will evaluate when price gets there hopefully, still looking bearish for and towards 1.2507 area looking attractive, will see
Can anyone make an alert for the "new petardo" indicator that would sound off on multiple pairs and multiple time frames that you choose?

I think this would be very helpful because you would not have to keep jumping from chart to chart to see if a signal sets-up.

Thanks,

Michael
  • #558
  • Aug 25, 2010 11:04am Aug 25, 2010 11:04am
It would be very interesting for a lot of us.

James.



Quoting finally
Can anyone make an alert for the "new petardo" indicator that would sound off on multiple pairs and multiple time frames that you choose?

I think this would be very helpful because you would not have to keep jumping from chart to chart to see if a signal sets-up.

Thanks,

Michael
  • #559
  • Aug 25, 2010 3:59pm Aug 25, 2010 3:59pm
I close my euro trades now with small losses, I'll take that fight another time as I dont like the language that price is speaking atm, its like talking from two corners of the mouth at the same time..imho

sell1:entry 1.2649, exited 1.2656, -7pips, -20pips
sell2:entry 1.2636, exited 12656

both SL was at 1.2688, will wait till i can understand the new language of the chart or the price start to talk in a more civilised way,lol

charts below
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  • #560
  • Aug 25, 2010 4:08pm Aug 25, 2010 4:08pm
Quoting Petar_Serbia
GBPJPY after down move make good lows for buy that is my view >


We have formation on key level (daily trendline) and i expet GBP recovery >>






Chart >



Petar

Took 100 pips on this trade


THis was high probality trade,formation on key point and good trade



Cheers



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