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The ART of trading by Petar_Serbia

  • #141
  • Edited 2:56pm Dec 14, 2010 2:39pm | Edited 2:56pm
Quoting Vanhook2
Nice call on the Cable today!
Thank you guys,

As i said,discipline is trading,controling emotion is Forex and practice is Forex.3 main things wich you must learn to have consistent profit...

All this i do to help others in trading becouse i am person wich love to help.On this World Forex is on bad voice becouse we have 95 % scamers and just 5 % is honest traders wich love to help...I aboslutly dont undestand Comerical guys wich offer some seminars bla bla for price..Tell me,if they can earn money why want to take from others ? Abosulty be sure,greatest traders always doing for free,scamers or non profitable traders earn from others...

My strong opinion..




Cheers

Petar
"Buy on fear, sell on greed !!!
  • #142
  • Dec 14, 2010 5:32pm Dec 14, 2010 5:32pm
Quoting mfinab
Hi,

Thanks RyanRapa,

Well I learn a lot again today! Need more info on Better Volume. The video from someone who posted it few days ago is not very helpfull or it's my bad english understanding.

If someone else have better information about Better Volume I would appreciate a lot !
Hello there Mfinab,
I will tell you one thing,you can read Master of Market book but i said that book didnt help me,becouse if you want to work trading for seriuse you must create strategy according your personality and your emotion,for me every day is uniqe and i created way wich is best for my eyes.My advice dont listen much guys on forum,on forum you can learn but you also can loose reality becouse guys on this forum DONT post looser trades,90 % of them post just winners and new guys think that is everthing milk and easy...
If you want to learn this buissnes just HARD WORK and PRACTICE can be good way,others things are relative.

On of the hardest lesson i learned 2 years ago is how to close chart if you see that you dont have setup according your strategy.Many traders make wrong here becouse they imagine setup even if he doesn't exist..

Hope i helped

Cheers and hope for good toomorow setup but realy setup not IMAGINE

Petar
"Buy on fear, sell on greed !!!
  • #143
  • Dec 15, 2010 1:44am Dec 15, 2010 1:44am
Hi Petar,

today I choose EURUSD long. Your candle setup is formed on M15 TF. What you think about TP and SL? These are mine ... Buy=1.3308, SL=1.3285, TP=1.3530

Nice trendline is formed - was twice retested on M5.

Potencial 122 pips.

BTW: this is one of the best thread I saw

Green pips to all of you guys.
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  • #144
  • Dec 15, 2010 2:19am Dec 15, 2010 2:19am
Quoting kapybara
Hi Petar,

today I choose EURUSD long. Your candle setup is formed on M15 TF. What you think about TP and SL? These are mine ... Buy=1.3308, SL=1.3285, TP=1.3530

Nice trendline is formed - was twice retested on M5.

Potencial 122 pips.

BTW: this is one of the best thread I saw

Green pips to all of you guys.
Hello there,

Look trading before London reaction is risky like casino,i never trade before London sess.Second thing is Volume,we dont have any Stoping or Ultra HIgh Volume,that mean we dont have reaction from London ses.Third thing is trendlines wish is according my view wrong,becouse you didnt take Highs ,you connect High from 8 december to yesterday high,that is for incorect...

Hope i help you

Cheers

Petar
"Buy on fear, sell on greed !!!
  • #145
  • Dec 15, 2010 2:33am Dec 15, 2010 2:33am
Quoting Petar_Serbia
Hello there,

Look trading before London reaction is risky like casino,i never trade before London sess.Second thing is Volume,we dont have any Stoping or Ultra HIgh Volume,that mean we dont have reaction from London ses.Third thing is trendlines wish is according my view wrong,becouse you didnt take Highs ,you connect High from 8 december to yesterday high,that is for incorect...

Hope i help you

Cheers

Petar
Thank you Petar for your comments. Sure, you helped. Everything clear except your thoughts about Highs. Could you explain little bit more, or please draw it to my chart. Many thanks for your advise.
  • #146
  • Dec 15, 2010 6:03am Dec 15, 2010 6:03am
Hi Petar,

Could you tell me what you think on that chart AUD/JPY ?

Thanks and have a nice day !

http://my.jetscreenshot.com/4229/201...5rnx-812kb.jpg
  • #147
  • Edited 6:43am Dec 15, 2010 6:20am | Edited 6:43am
Well I think a lot of people waiting on Petar analyse.

19 Traders Viewing This Thread

WoW that's amazing
  • #148
  • Dec 15, 2010 6:36am Dec 15, 2010 6:36am
Quoting mfinab
Well I think a lot of people waiting on Petar analyse.

17 Traders Viewing This Thread

WoW that's amazing
Hehe ,

Hello there,i also waiting my analisy
"Buy on fear, sell on greed !!!
  • #149
  • Dec 15, 2010 7:12am Dec 15, 2010 7:12am
A lot of Resistance on Eur/Usd at yesterdays support of 3380s and is right around the asian open. Some very low volume last 20 mins. Traders waiting on CPI number. Hard to fight daily trends in December, but could see the euro reversing. Better risk/reward to the down side thats for sure. we will see in next hour.

-Also, GBP is extremely weak across the board. if USD gets strength could squeeze out a bunch of longs

EDIT- as i posted, Eur failed again at 80s, certainly liked the risk reward to downside, but still on the sidelines
  • #150
  • Dec 15, 2010 7:42am Dec 15, 2010 7:42am
Quoting RyanRapa19
A lot of Resistance on Eur/Usd at yesterdays support of 3380s and is right around the asian open. Some very low volume last 20 mins. Traders waiting on CPI number. Hard to fight daily trends in December, but could see the euro reversing. Better risk/reward to the down side thats for sure. we will see in next hour.

-Also, GBP is extremely weak across the board. if USD gets strength could squeeze out a bunch of longs

EDIT- as i posted, Eur failed again at 80s, certainly liked the risk reward to downside, but still on the sidelines
Easy pips if listen to myself... short 75s with 10-12 pip stop, and now could wait for push to 1.33. Gbp fell through 5650 support from past levels from start of Dec
  • #151
  • Dec 15, 2010 8:18am Dec 15, 2010 8:18am
Hello guys for today i choose EURUSD becouse i see good projection and see that Stoping volume dont have power to stop sell preasure,that occours on good projection and i expext Tp around 100 pips..

TP is at 1.3220 SL 1.3420 RR is 1:1

Total risk on this trade as always 2 %


Cheers and happy pips
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"Buy on fear, sell on greed !!!
  • #152
  • Dec 15, 2010 12:29pm Dec 15, 2010 12:29pm
Quoting Petar_Serbia
Hello guys for today i choose EURUSD becouse i see good projection and see that Stoping volume dont have power to stop sell preasure,that occours on good projection and i expext Tp around 100 pips..

TP is at 1.3220 SL 1.3420 RR is 1:1

Total risk on this trade as always 2 %


Cheers and happy pips
Hello guys,

Trade is at BE now,and we are safe,waiting 1.3220

I just came back home and good profit current...


Cheers

Petar
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"Buy on fear, sell on greed !!!
  • #153
  • Dec 15, 2010 1:05pm Dec 15, 2010 1:05pm
Quoting Petar_Serbia
Hello guys,

Trade is at BE now,and we are safe,waiting 1.3220

I just came back home and good profit current...


Cheers

Petar
Petar Could I have a closer look to the volume bars pls¿?

And how you manage the situation that you have different volume bars than other brokers?

TY

PD: Good trade, btw.
Greetings, BeLikewater
  • #154
  • Dec 15, 2010 1:59pm Dec 15, 2010 1:59pm
Quoting Petar_Serbia
Hello guys for today i choose EURUSD becouse i see good projection and see that Stoping volume dont have power to stop sell preasure,that occours on good projection and i expext Tp around 100 pips..

TP is at 1.3220 SL 1.3420 RR is 1:1

Total risk on this trade as always 2 %


Cheers and happy pips
Hello guys again +100 pips Oh this was sweet trade...
Money for new year

Currently +300 for this week ...

Cheers

Petar
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"Buy on fear, sell on greed !!!
  • #155
  • Dec 15, 2010 4:19pm Dec 15, 2010 4:19pm
Well Done Petar!!

You are a Pro ! Many thanks to show us your strategy. I have learn a lot again today!

Keep your good work!

Mfinab
  • #156
  • Dec 16, 2010 4:10am Dec 16, 2010 4:10am
Hello guys for today i choose EURO again..I expext again sell day becouse i see SV hasnt power to stop selling preausre.I also see good chanel continuation diagonal wich holded on SV...My plan is to put SL at be if we see 1.3165 and than i will wait 1.3130 SL is 1.3310


Cheers

Petar
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"Buy on fear, sell on greed !!!
  • #157
  • Dec 16, 2010 4:15am Dec 16, 2010 4:15am
petar, what do you mean with sv? something like smart money.
thanks
and great charts, btw. keep on the good work!
meine augen sind die sterne
  • #158
  • Dec 16, 2010 4:24am Dec 16, 2010 4:24am
Some more ammo Petar
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Annoying Precision
  • #159
  • Dec 16, 2010 4:48am Dec 16, 2010 4:48am
Quoting aserbfx
petar, what do you mean with sv? something like smart money.
thanks
and great charts, btw. keep on the good work!
Hello aserbfx and thanks for kind words..

SV is Stopin Volume wich is one part of my setups..Today i see that SV dont have a power to stop Selling presure and that occured on good TL in down chanel wich was trigger for me...As i said i always risk 2 % and that is key...
"Buy on fear, sell on greed !!!
  • #160
  • Dec 16, 2010 4:55am Dec 16, 2010 4:55am
what is the entery point? 1.3230 or 1.3xxx
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