NEW Candles Formation Trading -Petar Formation
Hi
1.i see by navigator the petar_3barpattern on my expert list .
But i do not have the .exp file. I try to drag the expert
to the graph and nothing happen.
2.i have oil m15 points to enter and exit.
Is it good ?
Heh i found another posible setup but we must wait on AUDUSD M5
After we broke chanel for buy that was fantastic run for many pips now we have potencial sell but i will wait formation on Fibo
It will be interesting >
Cheers
Petar
USDCAD, 4 H Petar candel formation, down way.
Correct?.
i see good formation for buy on m30 we will see
petar
Hi petar
i see the small tf m5 and m15 a lot of fake signals .
I try to filter the signals for getting the best of them.
Some of the signals are red candle and the next is green candle.
I think that if we put 2 ema (like 20 50 foe example)
we can filter the signals:
Above the ema we can look for the green signals
and under the ema ( and better if we have cross down ema)
we look for red signals.
But we can use the fake signal only to exit the trade.
I hope it will help when we try it .
Hmm i still undestand how people dont undestand
From post 1 >
Just 3 rules 1. Leading candle must be no larger than candle 1 and 2.That mean Leading candle Lows for sell setup mustn be lower from lows of candle 1 and candle 2 for buy setup oposite.Leading candle Highs musnt be higher than highs from candle 1 and candle 2
2. Leading candle must be larger than 50 % (range between candle 1 or candle 2) of candle 1 or candle 2 . That mean Leading candle lows on sell example cant be lower than 50 % of candle bodies of candle 1 or candle 2.For...
Hi all in general and Petar in particular,
I started reading this thread yesterday and am still on post 194, so if the point I write now has been covered, please forgive me. I do not want to make noise.
The point seems just to be a problem of language. Anglosaxon (english) is not my mother language either, so we all have to be a bit patient. It has also been difficult to me to understand the rules, but now after re-reading and looking at the pictures I think I can reach the real understanding of what seems to me a very interesting setup....
,simple is to download indicator from first post and you will have formation 
I agree
.Hi All in general and Peter in particular,
Reading the thread, but still in post 200 () and not seen a reference about SL and TP. Only thing I saw is that we open the position at candle 2 close, correct?
So just a question: what are the SL and TP levels?
Best Regards and Happy Pips,
gonso
Done. Hi Petar and all,
First, if any of you disagree please feel to say so and correct me if I am wrong.
I have studied the indicator and finally in my opinion, there are just two rules:
for sell setups:
1. High of leading candle is higher than high of candles 1 AND 2, Low of leading candle is higher than low of candles 1 AND 2
2. Low of leading candle is lower than middle of candle 1 OR candle 2, where...
Hey pet this expeted news for me USDCAD good sell,EURUSD we can go to my TP on 50 Fibo
TP 1.2950
Petar
Petar, whats your take on Eur/Jpy!! I have two positions buy at 108.86 TP 109.40!! Pl. advise.
Thanks,
bomi
